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

Natural gas plants accounted for majority of Texas winter storm failures

The Hill: While some politicians sought to blame renewable energy for deadly power disruptions in February, a new report from two key agencies shows that natural gas was also a major factor.  The new preliminary report found that of the 1,045 generators that experienced outages, reductions or failures to start, 604 of them  — or […]

September 24, 2021 Read More →

Tri-State modified exit fees draw mixed reviews from members

S&P Capital IQ ($): Various utilities urged the Federal Energy Regulatory Commission to reject the Tri-State Generation and Transmission Association Inc.’s modified rules and procedures used to set its exit fees for departing members, while others said the changes marked a considerable improvement. Tri-State proposed a modified contract termination payment, or CTP, procedure, drawing both […]

September 22, 2021 Read More →

Trade group executive outlines mounting challenges to U.S. natural gas industry

Platts ($): The U.S. natural gas pipeline industry will confront a litany of regulatory and legislative challenges under the Biden administration, including more hurdles for pipeline certification, a trade group executive said. “Overall, the speed and volume of proposed regulatory actions impacting our industry, all moving forward simultaneously, have almost been overwhelming as we face […]

September 14, 2021 Read More →

United Power calls for “radical re-envisioning” of Tri-State model

The Denver Post: An electric cooperative wrangling with Tri-State Generation and Transmission Association over local control and getting off coal has issued a public pronouncement that it and fellow cooperatives still need the power supplier. Just not in the current form. Brighton-based United Power, which serves about 300,000 people along Colorado’s bustling Front Range, is […]

September 13, 2021 Read More →

FERC plans harder look at environmental impact of pipeline projects

S&P Capital IQ ($): Five more interstate natural gas transportation and storage projects will receive environmental impact statements from the Federal Energy Regulatory Commission, another sign the commission is turning toward the more extensive environmental reviews as it sorts out how to assess climate impacts. The unfolding approach could mean a longer review timeline for […]

September 1, 2021 Read More →

Appeals court orders FERC to reconsider ruling on Texas LNG projects

S&P Global Platts ($): The US Court of Appeals for the District of Columbia Circuit has found fault with the Federal Energy Regulatory Commission’s climate and environmental justice reviews for the Rio Grande LNG and Texas LNG projects, planned in the Brownsville, Texas, area, and has remanded to FERC the orders authorizing the projects. The […]

August 4, 2021 Read More →

Avangrid-NextEra squabble threatens Massachusetts climate goals

MassLive: The dispute is over a 145-mile transmission line, which would cost nearly $1 billion and is being financed by Massachusetts electric ratepayers, which would eventually bring hydropower from Canada to Massachusetts. The two energy companies, NextEra Energy and Avangrid rival complaints are risking the state’s ability to comply with its new climate law signed […]

July 23, 2021 Read More →

Renewables on pace to provide only one-third of grid power by 2030

PV Tech: If current trends continue, renewable energy will provide roughly one-third of US electricity to the grid by 2030, although this could reach half of generation if deployment increases, according to data by the Energy Information Administration (EIA) and the Federal Energy Regulatory Commission (FERC). Even this, however, would fall short of US President […]

July 22, 2021 Read More →

FERC issues permit for $4.9 billion pumped storage project in Washington

S&P Global Market Intelligence ($): Daybreak Power Inc said July 19 that the Federal Energy Regulatory Commission issued a preliminary permit approving its proposed 2,650-MW Halverson Canyon Pumped Storage project near Creston, Wash. Halverson Canyon is a pumped storage hydropower facility that would use water from Lake Roosevelt and a new reservoir in an upland […]

July 21, 2021 Read More →

FERC rebuffs New Fortress challenge to jurisdiction over Puerto Rico LNG plant

S&P Global Market Intelligence ($): The Federal Energy Regulatory Commission upheld its ruling that required New Fortress Energy Inc. to apply for a federal permit for an LNG import terminal that is already in operation in Puerto Rico, paving the way for a pending challenge by the developer to proceed at a federal appeals court. […]

July 16, 2021 Read More →