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IEEFA
S&P Global Market Intelligence: Nearly one-third of the power generation resources planned to come into service in the U.S. in 2021 is located in the Electric Reliability Council Of Texas Inc. market, according to an S&P Global Market Intelligence analysis. Overall, 63,667 MW of new resources are projected to come into service, while 10,693 MW […]
Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
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
S&P Global Market Intelligence ($): The Midcontinent ISO, the electric transmission grid operator for 15 U.S. states spanning from the Upper Midwest to the Gulf Coast along with the Canadian province of Manitoba, has concluded that renewable energy resources can grow their market share beyond 50% in its service territory. But such a sweeping transformation […]
Press Release, David Schlissel and Dennis Wamsted
Retrofitting aging Milton R. Young coal plant Unit 2 with CCS makes little economic sense
October 9, 2020 (IEEFA U.S.) ‒ In case you missed it (ICYMI), Director of Resource Planning Analysis, David Schlissel and analyst/editor Dennis Wamsted presented webinars October 6 and 7 on IEEFA’s report Project Tundra: A Step In the Wrong Direction. Carbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to […]
Press Release and David Schlissel
Lead author David Schlissel will present his research findings in an online briefing
On Wednesday, October 7th at 5:00 p.m. Central (6:00 p.m. EDT), IEEFA’s Director of Resource Planning Analysis, David Schlissel will present the report: Project Tundra: Carbon Capture Project A Step in the Wrong Direction Carbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to business, local communities and the environment. […]
IEEFA
S&P Global Market Intelligence ($): Vistra Corp. will retire more than 6,800 MW of coal-fired capacity in Illinois and Ohio by 2027 and add more than 900 MW of new solar and energy storage capacity in Texas, the company said Sept. 29. Vistra also released its first-ever climate report announcing a new goal to cut […]
Press Release, David Schlissel and Dennis Wamsted
Unproven technology funded by federal tax credits unlikely to pay off
September 22, 2020 (IEEFA) — A plan to retrofit an aging coal-fired plant in North Dakota with unproven carbon capture and storage technology is likely to raise rates for customers who get electricity from the Milton R. Young Unit 2 facility, according to a new report from the Institute for Energy Economics and Financial Analysis […]
Dennis Wamsted
Strategies that rely on gas as a ‘bridge fuel’ are falling out of favor
The speed of the utility industry’s embrace of renewable energy and its unwillingness to build costly new fossil fuel generation—gas or coal-fired—is occurring much faster than would have been thought possible just a few years ago. In 2016, Southern Indiana Gas and Electric (SIGECO) proposed building a 700-megawatt (MW) combined cycle gas turbine (CCGT) plant […]
IEEFA
Duluth News Tribune: Xcel Energy, Minnesota’s largest electricity company, will idle two of its coal plants for six months of the year under a plan state regulators approved Wednesday, July 15. The company has said that operating the plants on a seasonal basis will cut carbon emissions as well as consumer costs. When the company […]
IEEFA
Greentech Media: Capital Dynamics, the Swiss asset manager that is now a heavyweight solar investor, will partner with energy developer Tenaska on a 4.8-gigawatt solar portfolio in the Midwest and the Southeast, the companies announced Wednesday. The two will work together on developing 24 solar projects expected to come online by 2023, building on a […]
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 quicklyMarch 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 […]