August 10, 2020 (IEEFA) — The wind industry in West Texas continues to create jobs, increase local tax revenues and drive economic development in an area known historically for its boom-and-bust oil cycles, concludes a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report—As Oil and Gas Wane, Texas […]
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 […]
8 June 2020 (IEEFA Australia): Despite the devastating impact of COVID-19, during the months of April and May, renewable energy continued to break records, according to the Institute for Energy Economics and Financial Analysis (IEEFA). Most strikingly, April 2020 saw the Emirates Water and Electricity Company (EWEC) award a 1.5 gigawatt (GW) solar tender to […]
February 6, 2020 (IEEFA U.S.) ‒ California Resources Corporation (CRC), a company spun off from U.S. oil giant Occidental Petroleum six years ago, faces an elevated risk of bankruptcy that could pose significant financial risks to the state of California, according to a report released today by the Institute for Energy Economics and Financial Analysis […]
July 25, 2018 (IEEFA U.S.) – The closure of a $1 billion natural gas power plant in southern California, only 10 years into its planned 30-year life cycle, spells trouble for GE, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, New Risk Factors Emerge as […]
June 14, 2019 (IEEFA) — Momentum is gaining around an industry shift toward utility-scale battery storage systems nationally, finds a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report – Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector –details upstart storage and storage-expansion projects in Arizona, […]
A long-shot proposal to send coal 700 miles overland from Utah to Oakland for transoceanic shipment to Asian markets is dead. A U.S. bankruptcy judge in Kentucky last week approved a plan by the proposed project’s major creditor, Autumn Wind Lending LLC, to take over a sublease at the Oakland Bulk and Oversized Terminal (OBOT) […]
IEEFA U.S.: Utah bailout of bankrupt California coal-export project likely to fail
Markets, distance, and community opposition pose obstacles - proposal lacks private sector backersAugust 19, 2020 (IEEFA) —A proposed $20 million state investment in a bankrupt California coal-export project would most likely result in a loss to the state, concludes a research brief published today by the Institute for Energy Economics and Financial Analysis. The brief—Utah Bailout of Bankrupt California Coal-Export Project Would Likely Fail—describes how weak export […]