Arizona

IEEFA Research

IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

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.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

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 U.S.: Plummeting oil and gas prices leave New Mexico’s budget short by hundreds of millions of dollars

IEEFA U.S.: Plummeting oil and gas prices leave New Mexico’s budget short by hundreds of millions of dollars

Industry problems hit before the pandemic, were made worse by it and will persist even after the economy improves

October 20, 2020 (IEEFA) — After years of benefitting from record oil and gas revenues, global markets are signaling the beginning of the end of New Mexico’s financial reliance on fossil fuels. Leases, royalty payments and taxes from the oil and gas industry have directly accounted for as much as 30 percent of the state’s […]

IEEFA: New Mexico’s biggest utility moves forcefully toward solar

IEEFA: New Mexico’s biggest utility moves forcefully toward solar

Four projects totaling 950 megawatts will replace San Juan Generating Station; likelihood of coal plant carbon-capture retrofit further diminished

October 12, 2020 (IEEFA) — An aggressive expansion into utility-scale solar by Public Service Company of New Mexico will replace all of the power PNM will lose when the coal-fired San Juan Generating Station (SJGS) closes in June 2022, concludes a research brief published today by the Institute for Energy Economics and Financial Analysis. PNM’s […]

and October 12, 2020 Read More →
IEEFA U.S: NTEC acquisition of aging Four Corners coal plant would constitute ‘another expensive mistake’

IEEFA U.S: NTEC acquisition of aging Four Corners coal plant would constitute ‘another expensive mistake’

Report: Throwing good money after bad in New Mexico

July 15, 2020 (IEEFA) — The Navajo Transitional Energy Company (NTEC) would lose at least $350 million over the next 10 years if it proceeds with a proposal to expand its stake in the ailing Four Corners power plant, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). NTEC, according […]

IEEFA report: Utility-scale solar remains off-limits on most of more than 100 million federally-owned acres across solar-rich Southwest U.S.

IEEFA report: Utility-scale solar remains off-limits on most of more than 100 million federally-owned acres across solar-rich Southwest U.S.

Outdated policies and byzantine processes at Bureau of Land Management hinder energy transition

June 16, 2020 (IEEFA U.S.) ‒ The largest property owner in the U.S.—the Bureau of Land Management (BLM)—has acreage set aside for utility-scale solar development on only 0.03% of the roughly 100 million acres it manages across the sun-rich Southwest, finds a report published today by the Institute for Energy Economics and Financial Analysis. The […]

IEEFA Coal Outlook 2020: Market trends are pushing U.S. industry to a reckoning

IEEFA Coal Outlook 2020: Market trends are pushing U.S. industry to a reckoning

Competition, financing, consolidation, muni/co-op trajectories, export markets

March 30, 2020 (IEEFA U.S.) — A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) sees the U.S. coal industry continuing to decline through 2020 and beyond. The report, U.S. Coal Outlook 2020: Market Trends Are Pushing Industry Ever Closer to a Reckoning, details issues that will likely persist in driving […]

IEEFA U.S: An ‘elegant, simple, and fair’ coalfield reinvestment formula for greater Arizona

IEEFA U.S: An ‘elegant, simple, and fair’ coalfield reinvestment formula for greater Arizona

Utilities would contribute: APS ($286.2 million), Salt River Project ($247.8 million), Tucson Electric Power ($151.2 million), Arizona Power Electric Co-Op ($40.8 million)

March 24, 2020 (IEEFA U.S.) — Arizona utility company reinvestments of $726 million in coalfield community modernization would serve the economic interests of Arizonans across the board, concludes a research brief published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The brief, A Coalfield Reinvestment Formula for the Grand Canyon State, describes […]

More News and Commentary

Arizona mulls recovery plan for coal community closures in Native areas

E&E News ($): Utility regulators in Arizona are considering a proposal to distribute $144.5 million to predominantly Native American communities affected by the closure of coal-fired power plants in a case that could have national implications for fossil fuel-dependent regions. The Arizona Corporation Commission kicked off a three-day hearing this week on a utility rate […]

October 6, 2021 Read More →

Salt River Project connects 25-megawatt battery storage to grid

Energy Storage News: A 25MW four-hour (100MWh) battery storage project has been connected to the grid by Arizona utility company Salt River Project (SRP). SRP said last week that the project at its Bolster substation is currently the biggest standalone battery energy storage system (BESS) in the southwestern US state, sited adjacent to the utility’s […]

September 23, 2021 Read More →

Wood Mackenzie says annual U.S. energy storage investment could top $5 billion in 2021

Energy Storage News: The US is likely to install record setting amounts of battery storage this year, demonstrating the acceptance the technology has found in the power sector and as an integral part of the clean energy transition. That’s according to Wood Mackenzie Power & Renewables senior energy storage analyst Vanessa Witte, commenting on the […]

September 14, 2021 Read More →

New U.S. solar capacity additions dip slightly but demand still strong

S&P Capital IQ ($): Solar power capacity additions in the second quarter of 2021 dipped compared to the year-ago period as developers encountered supply-side headwinds. However, demand remained strong, with a robust pipeline of projects totaling 17,428 MW under construction. Developers put into service 1,968 MW of utility-scale solar power capacity from April to June, […]

September 7, 2021 Read More →

EIA: Batteries could add 10 GW of capacity in next three years

S&P Capital IQ ($): Project developers plan to install more than 10 GW of large-scale battery storage capacity in the U.S. between 2021 and 2023, 10 times the storage capacity available in 2019, the U.S. Energy Information Administration said in a report released Aug. 16. The boom is significant because energy storage plays a key […]

August 19, 2021 Read More →
IEEFA U.S.: Texas confronts decline in oil and gas industry
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IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: Navajo Nation, Hopi tribe advocates push for fair energy transition outcome in Arizona

IEEFA: Navajo Nation, Hopi tribe advocates push for fair energy transition outcome in Arizona

Decades of coal mining spur Navajo and Hopi efforts to urge federal intervention for environmental justice

As the energy transition gains momentum around the globe, the IEEFA documentary, “Local Leadership, Global Change: Navajo Nation & Hopi Tribe” focuses on how indigenous-led organizations are raising awareness of the need to shift away from a fossil fuel-based economy. The documentary centers on the Navajo and Hopi tribal members living on reservation lands in […]

July 22, 2021 Read More →
IEEFA U.S.: Arizona should move quickly to approve precedent-setting proposal for coal community transition

IEEFA U.S.: Arizona should move quickly to approve precedent-setting proposal for coal community transition

Utility plan would provide significant benefits for Navajo Nation, Hopi Tribe

A coal community transition funding proposal pending before the Arizona Corporation Commission would provide much-needed financial support for the Navajo Nation, Hopi Tribe and other communities affected by the shift from coal to cleaner generation sources. The commission, which regulates electric utilities, should move quickly to approve it, especially given that two years already have […]

Fights over natural gas ban for new buildings spread across U.S.

Wall Street Journal ($): A growing fight is unfolding across the U.S. as cities consider phasing out natural gas for home cooking and heating, citing concerns about climate change, and states push back against these bans. Major cities including San Francisco, Seattle, Denver and New York have either enacted or proposed measures to ban or […]

June 3, 2021 Read More →

LBNL: Capacity of wind, solar in pipeline hits record levels

Renew Economy: A new study published by the Lawrence Berkeley National Laboratory’s Electricity Markets and Policy group (EMP) shows that the queue of new wind and solar capacity in the United States scheduled for connection to the grid has reached record levels, alongside the new capacity of battery storage projects. “We find that the total […]

May 25, 2021 Read More →