FERC

IEEFA Research

IEEFA U.S.: FERC neglects energy needs in pipeline decisions

IEEFA urges reevaluation of federal guidelines for new construction

May 25, 2021 (IEEFA) — The Institute for Energy Economics and Financial Analysis is urging the Federal Energy Regulatory Commission (FERC) to reevaluate its pipeline certification guidelines. In their current form, commission guidelines allow it to rely solely on the existence of applicants’ business contracts to certify the necessity of constructing new interstate gas pipelines, […]

IEEFA: Consultants poised to make more than $1 billion from bankrupt Puerto Rico utility

IEEFA: Consultants poised to make more than $1 billion from bankrupt Puerto Rico utility

Huge consulting fees highlight systemic problems with reform of island utility

April 29, 2021 (IEEFA) ⎼ The transformation and financial restructuring of Puerto Rico’s bankrupt electric power authority have generated more than $440 million in consulting contracts during the last seven years and could cost island residents more than $1 billion before completion, according to a study released today by the Institute for Energy Economics and […]

IEEFA: Consultores listos para ganar más de $1,000 millones de la corporación de servicios públicos de Puerto Rico en bancarrota

Las enormes comisiones de consultoría ponen de relieve los problemas sistémicos con la reforma de la utilidad de la isla

29 de abril de 2021 (IEEFA) – La transformación y reestructuración financiera de la Autoridad de Energía Eléctrica de Puerto Rico en bancarrota ha generado más de $440 millones en contratos de consultoría durante los últimos siete años y podría costar a los residentes de la isla más de $1,000 millones antes de su finalización, […]

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

Falling demand, legal and regulatory challenges spell financial peril for pipeline project

March 8, 2021 (IEEFA) — A 303-mile pipeline that would move natural gas from the Appalachian Basin to markets in the eastern and southern U.S. is in financial jeopardy because of reduced demand projections and legal challenges, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Mountain […]

IEEFA U.S.: Duke IRPs focus on new gas-fired generation, creating serious stranded-asset risks

IEEFA U.S.: Duke IRPs focus on new gas-fired generation, creating serious stranded-asset risks

Combined-cycle plants would be forced to retire well before end of operating life to meet 2050 net-zero goal

January 26, 2021 (IEEFA) — A pair of integrated resource plans (IRPs) for Duke Energy’s two North Carolina utilities rely heavily on the construction of gas-fired power plants that would have to be retired long before the end of their life span, according to a new report by the Institute for Energy Economics and Financial […]

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

IEEFA U.S.: Colorado electric wholesaler is alienating cost-conscious co-ops with its fossil commitments

IEEFA U.S.: Colorado electric wholesaler is alienating cost-conscious co-ops with its fossil commitments

Tri-State currently plans using coal through 2050 and expanding into gas; projected rate increases of 55% by 2050

Nov. 17, 2020 (IEEFA) — One of the biggest power suppliers to rural electric co-ops in the U.S. is putting its business model at risk as members clamor for better access to renewable energy, more affordable rates, and more say in how they buy or produce power, concludes a report released today by the Institute […]

and November 17, 2020 Read More →
IEEFA: LUMA Energy deal paves way for Puerto Rico regulators to repeat past mistakes

IEEFA: LUMA Energy deal paves way for Puerto Rico regulators to repeat past mistakes

Multiple issues in contract likely to contribute to failure of safe, reliable and resilient grid

October 12, 2020 (IEEFA) ‒ A major contract signed with the LUMA Energy consortium may prevent Puerto Rico from building a safe, reliable and resilient electrical system, according to a new report from the Institute for Energy Economics and Financial Analysis. The deal to operate the island’s grid came in the wake of a series […]

IEEFA: Acuerdo de LUMA Energy allana camino para que los reguladores de Puerto Rico repitan errores pasados

Múltiples problemas en el contrato que pueden contribuir al fracaso de una red segura, confiable y resiliente

12 de octubre de 2020 (IEEFA) – Un importante contrato firmado con el consorcio LUMA Energy puede impedir que Puerto Rico construya un sistema eléctrico seguro, confiable y resiliente,  según un nuevo informe del Instituto de Economía Energética y Análisis Financiero. El acuerdo para operar la red de la isla se produjo a raíz de […]

More News and Commentary

FERC deals blow to Connecticut gas-fired power plant proposal

The Bulletin: Plans to construct a new power plant in Killingly were dealt a serious blow this week after a federal agency upheld a request to end an energy supply agreement between the developers of the project and ISO-New England. The Federal Energy Regulatory Commission on Monday accepted a November termination filing by ISO-NE citing […]

January 5, 2022 Read More →

U.S. adding 2.25 gigawatts of renewable generation capacity monthly

Renewables Now: According to a review by the SUN DAY Campaign of data recently released by the Federal Energy Regulatory Commission (FERC) and the US Energy Information Administration (EIA), solar, wind and other renewable energy sources (i.e., biomass, geothermal, hydropower) are now adding more than 2,250 MW of new generating capacity each month. For perspective, […]

January 4, 2022 Read More →

First hybrid resource in Midcontinent ISO expected to launch early 2022

S&P Capital IQ ($): The first hybrid resource in the Midcontinent ISO is expected to start operations in early 2022 after Entergy Arkansas LLC puts the finishing touches on a new facility in Searcy that will use both solar power and batteries. Hybrid resources are expected to grow rapidly in the coming years. Solar is […]

January 3, 2022 Read More →

United Power plans to quit Tri-State, cites resistance to renewables

S&P Capital IQ ($): Rural electric cooperative United Power Inc. notified federal regulators of its intention to withdraw from Colorado-based Tri-State Generation and Transmission Association Inc. at the start of 2024. United Power said it formally notified the Federal Energy Regulatory Commission of its intent (ER21-2818, et al.) after years of unsuccessful negotiations to modify […]

December 16, 2021 Read More →

JMK Research: India solar capacity grew 249% over 2020 installations

The Economic Times: India added about 11.1 GW of solar capacity from January 2021 till November 2021. This is about 249% higher compared to the installations done in 2020, according to a report by JMK Research. In terms of cumulative installations, according to the data released by Ministry of New and Renewable Energy (MNRE), till […]

December 15, 2021 Read More →

Tri-State Generation facing loss of seven of 42 member utilities

The Bond Buyer: Tri-State Generation and Transmission Association, one of the nation’s largest electric cooperatives, is mapping a cleaner future while facing a loss of key members. Seven of Colorado-based Tri-State’s 42 member utilities are considering an exit in pursuit of more affordable power sources, greater flexibility and less reliance on coal. Currently, members are […]

December 14, 2021 Read More →

Developers scrap Jordan Cove liquefied natural gas export facility

S&P Capital IQ ($): Developers of the proposed Jordan Cove LNG export facility in Oregon told federal energy regulators they will not move forward with the project, confirming the end of an effort that has stalled for years amid regulatory and commercial challenges. Jordan Cove Energy Project LP, a subsidiary of Canada’s Pembina Pipeline Corp., […]

December 2, 2021 Read More →

New U.S. utility-scale solar climbs 38% over first nine months of 2020

PV Tech: The first nine months of 2021 saw US utility-scale solar additions reach 8,410MW, a 38% increase on the same time last year, according to an analysis of new government data by research organisation Sun Day Campaign. The jump in deployment meant solar led additions, representing 44% of the total 19,022MW utility-scale generation capacity […]

November 23, 2021 Read More →

Trillions of fossil assets potentially stranded, accounting battles loom

Wall Street Journal ($): At the end of 2019, General Motors Co. announced a $1 billion investment to produce a new generation of Chevrolet Colorado and GMC Canyon pickup trucks at its factory in Wentzville, Mo. Just over a year later, GM said it would go all electric by 2035. Analysts are worried that some […]

November 22, 2021 Read More →

IEEFA U.S.: Proposed gas plants found unnecessary and inconsistent with New York climate law

State regulator rejects gas owners’ vague promises of shift to non-fossil fuels as “aspirational”

A New York state environmental agency recently saved electricity ratepayers millions of dollars by denying permits for construction of two unneeded natural gas power plants. In two decisions on permit applications to replace aging power plants scheduled for shutdown, the agency conducted a vigorous assessment of the necessity of the projects. It also identified concerns […]

November 15, 2021 Read More →