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IEEFA Research

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: Duke Energy’s North Carolina gas IRPs fail to consider battery storage as viable option

IEEFA: Duke Energy’s North Carolina gas IRPs fail to consider battery storage as viable option

Utility claims natural gas is cheaper than battery storage

February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA). In their latest integrated resource plans (IRPs), Duke Energy Progress and Duke Energy Carolinas […]

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, […]

More News and Commentary

Underwriter warns surge in wildfires threatens solar industry

PV Tech: The US solar industry could face significant losses this summer unless steps are taken to mitigate wildfire risk over the coming months, renewables underwriter GCube has warned. Wildfires are said to have cost the solar industry tens of millions of dollars in losses over the course of the last decade, and the risk […]

July 21, 2021 Read More →

New York OKs 100MW battery on site of former major pollution source

Energy Storage News: Regulatory approval has been given for a 100MW / 400MWh battery energy storage system (BESS) facility which will be sited on land formerly occupied by a natural gas and oil-fired power plant which had been described as one of New York’s biggest sources of pollution. The New York Public Service Commission (PSC), […]

July 19, 2021 Read More →

Australia under pressure to follow EU lead on carbon taxes

The Guardian: Australia is facing growing pressure over its climate policies as the US edges closer to following the European Union in imposing new charges on imports of emissions-intensive products. The trade minister, Dan Tehan, has criticised the EU’s new carbon tariffs, saying they are revenue raising and will undermine free trade. But Labor declared […]

July 16, 2021 Read More →
IEEFA: Deploying batteries at scale in the Indian power sector
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IEEFA: Deploying batteries at scale in the Indian power sector

A case for battery targets complemented with discom-controlled dispatch

India needs to deploy batteries at scale in the power sector. The country envisages uptake of 450 gigawatts (GW) of renewable energy capacity by 2030. The high penetration of intermittent renewable energy will bring up issues around managing system flexibility in terms of steeper ramps and peaking load requirements. In India, system flexibility has historically […]

Large-scale solar capacity growth expected to top wind in 2022 for first time

E&E News ($): Growth in large-scale solar capacity is expected to exceed wind growth next year for the first time, according to a new report from the U.S. Energy Information Administration. In its July short-term outlook released yesterday, EIA projected that 17 gigawatts of solar generating capacity will be added to the grid in 2022. […]

July 8, 2021 Read More →

California gas peaker plant replaced by 142-Tesla megapack

Electrek:  A new 142-Tesla Megapack project has been turned on in California’s Ventura County to create a giant new battery that is replacing a gas peaker plant. The project is called the Saticoy battery storage system, and it came about when the local community in Oxnard fought against having a new gas-powered peaker plant to […]

July 1, 2021 Read More →

California PUC orders utilities to add 11.5 GW of clean energy by 2026

S&P Global Market Intelligence ($): California’s investor-owned electric utilities, local government-run community choice aggregators and other suppliers of electricity must add at least 11,500 MW of clean energy resources between 2023 and 2026 to support grid reliability through the closure of Pacific Gas and Electric Co.’s 2,240-MW Diablo Canyon nuclear power station — the Golden […]

June 25, 2021 Read More →

PacifiCorp eyes 19 renewables projects to supply 1M US homes by 2025

S&P Global Market Intelligence ($):  In its largest renewable energy shopping spree ever, PacifiCorp has shortlisted nearly 4,000 MW of new wind, solar and battery storage resources across its multistate service territory in the western United States to come online by the end of 2024. The utility subsidiary of Warren Buffett’s Berkshire Hathaway Energy is […]

June 21, 2021 Read More →

White House plans offshore wind leases in New York and New Jersey

New York Times ($): The Biden administration on Friday announced that it would begin the formal process of selling leases to develop offshore wind farms in shallow waters between Long Island and New Jersey as part of its push to transition the nation to renewable energy. The proposed sale, the first of the Biden administration, […]

June 14, 2021 Read More →

GenOn to shut down three PJM coal-fired plants next year

E&E News ($): Coal-fired units at three power plants are poised to close over the next year in the largest U.S. electricity market, which is managed by PJM Interconnection LLC. The affected coal-fired generation totals about 2,421 megawatts of capacity, according to GenOn Holdings LLC, which made the announcement this week. The list includes Morgantown […]

June 11, 2021 Read More →