California

IEEFA Research

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 backers

August 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 […]

IEEFA U.S.: As oil and gas wane, Texas wind industry ascends

IEEFA U.S.: As oil and gas wane, Texas wind industry ascends

Case study Nolan County: Strengthening jobs, economic development, tax base

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 […]

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Outdated policies and byzantine processes at Bureau of Land Management hinder energy transition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: Renewables continue to break records despite COVID-19

IEEFA: Renewables continue to break records despite COVID-19

Solar costs continue to decline

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 […]

IEEFA report: California Schemin’

IEEFA report: California Schemin’

What did Occidental Petroleum know about cleanup liabilities before the CRC spin-off?

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 […]

IEEFA India: Grid, storage, policy, and regulation: Areas of new focus to meet India’s ambitious renewable energy targets

Variable renewable energy is the least cost source of new Indian electricity capacity. The challenge is now on grid integration, and the need to leverage the lessons of other transition leaders.

5 September 2019 (IEEFA India): Finding the right pricing signals to drive technology adoption to solve the integration of an ever increasing share of variable renewable energy into India’s grid is becoming a central new challenge for policy makers and regulators, critical to enabling the ongoing transition away from coal to meet India’s ambitious renewable […]

IEEFA report: Risk factors multiply for GE as California power plant shutters—20 years early

IEEFA report: Risk factors multiply for GE as California power plant shutters—20 years early

Lackluster demand for natural gas may continue to dampen revenues

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 […]

IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector

IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector

Utility-scale batteries give renewables a big lift while undercutting coal and challenging fracked gas

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, […]

IEEFA Report: ‘Here and Now’ — Nine Electricity Markets Leading the Transition to Wind and Solar

California, Denmark, Germany, Ireland, South Australia, Spain, Tamil Nadu, Texas, and Uruguay; Breakneck Speed Is Overtaking Academic Discussion; Renewables Are Providing Security of Supply

Feb. 14, 2018 (IEEFA) — New research by the Institute for Energy Economics and Financial Analysis details how nine major power markets around the world have achieved an outsize share of wind and solar generation while assuring security of supply and are providing compelling examples of the fast-moving evolution of electricity generation. The report, “Power-Industry […]

and February 15, 2018 Read More →

IEEFA Analysis: If Utah Commits to Proposed $53 Million Oakland Port Subsidy, It’s Buying a Pig in a Poke

Could There Be a Worse Time to Invest in Deteriorating Coal Markets?

A bill being seriously considered by the Utah State Legislature this week seeks in essence to finance a backdoor subsidy for a coal export terminal in California whose construction could well leave Utah taxpayers on the hook for a highly questionable and highly speculative $53 million out-of-state subsidy. The proposed law, which exists now as SB0246, is […]

March 8, 2016 Read More →

More News and Commentary

EIA: Record 15.4GW of utility-scale solar capacity to be added to U.S. grid in 2021

PV Tech: A record amount of utility-scale PV capacity is expected to be connected to the grid in the US this year, with Texas accounting for more than a quarter of solar additions, according to new data from the US Energy Information Administration (EIA). Developers and plant owners forecast 15.4GW of new utility-scale PV coming […]

January 13, 2021 Read More →

Vistra begins commercial operation of world’s largest battery storage system in California

Energy Storage News: The world’s largest battery energy storage system (BESS) so far has gone into operation in Monterey County, California, US retail electricity and power generation company Vistra said yesterday. Phase 1 of Moss Landing Energy Storage Facility was connected to the power grid and began operating on 11 December 2020, at the site […]

January 7, 2021 Read More →

Terra-Gen, Mortenson plan world’s largest solar-plus-storage project in California

S&P Global Market Intelligence ($): Developer Terra-Gen LLC and construction company M. A. Mortenson Co. Inc. plan to break ground in the first quarter of 2021 on a massive 1,118-MW solar complex with 2,165 MWh of energy storage capacity in Kern County, Calif., the companies announced Dec. 10. It is heralded as the largest such […]

December 11, 2020 Read More →

Southern California Edison signs contracts for another 590MW of battery storage

Greentech Media: Six months after inking California’s largest single energy storage procurement, utility Southern California Edison has added another three massive utility-scale battery projects to its portfolio—plus a behind-the-meter battery project with Sunrun. Monday’s new contracts include 585 megawatts of lithium-ion batteries: NextEra Energy’s 325-MW Desert Peak project, Recurrent Energy’s 200-MW Crimson project, and 174 […]

December 8, 2020 Read More →

San Jose, Oakland are latest California cities to enact bans on gas in new construction

Utility Dive: Both the San Jose City Council and Oakland City Council [last week] approved measures to prohibit natural gas infrastructure in newly constructed buildings, adding to the growing list of more than 40 California cities to pass such ordinances. The San Jose measure, passed in an 8-3 vote, makes it the largest U.S. city […]

December 8, 2020 Read More →

San Francisco bans natural gas use in new construction projects

S&P Global Market Intelligence ($): San Francisco will ban natural gas infrastructure in most new construction, reinforcing previous building electrification measures adopted in California’s fourth most populous city. The city’s Board of Supervisors on Nov. 17 voted unanimously to amend San Francisco’s building code to prohibit the issuance of permits for residential and commercial construction […]

November 18, 2020 Read More →

Offshore wind potential in Louisiana, California attracting developer interest

S&P Global Market Intelligence ($): With the East Coast of the U.S. becoming saturated with planned offshore wind projects, momentum is picking up to kick-start development elsewhere — in particular, off the coasts of Louisiana and California. In Louisiana, Gov. John Bel Edwards, a Democrat, told his Climate Initiatives Task Force at its inaugural meeting […]

November 12, 2020 Read More →
IEEFA U.S.: Bankruptcy of Oakland project marks a bellwether moment for U.S. coal export ambitions
and

IEEFA U.S.: Bankruptcy of Oakland project marks a bellwether moment for U.S. coal export ambitions

Long-simmering initiative to send Utah product to Asia is dead

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) […]

California utility SDG&E to build two long-duration green hydrogen storage projects

S&P Global Market Intelligence ($): As part of a sweeping sustainability strategy released Oct. 8, San Diego Gas & Electric Co. disclosed plans to place two long-duration green hydrogen storage projects into service by 2022, the first such projects in California. The state is urgently seeking additional tools to bolster the suddenly suspect reliability of […]

October 9, 2020 Read More →

Moody’s: State renewable standards in U.S. a driving force behind renewable energy transition

S&P Global Market Intelligence ($): A Sept. 22 research note by Moody’s shows the extent to which state policy mandates are driving long-term growth in the renewable energy sector. Moody’s said the standards that are in place should help renewable power to take up to a 28% share of the power supply by 2030. In […]

September 23, 2020 Read More →