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IEEFA Research

IEEFA U.S.:  Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

IEEFA U.S.: Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

Declining demand for coal plants, credit agency downgrades and investor scrutiny create challenges for Lightstone investment prospects

October 14, 2021 (IEEFA) — The major pension and retirement funds that own a piece of the General J.M. Gavin (Gavin) coal plant in Ohio face increasing challenges from their investment. Most investors do not know that they own a share of the plant and some are just beginning to realize it, according to an […]

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February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA).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

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IEEFA U.S.:  Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount
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IEEFA U.S.: Pension funds investing indirectly in Ohio’s Gavin coal plant are at risk as financial, environmental disadvantages mount

Declining demand for coal plants, credit agency downgrades and investor scrutiny create challenges for Lightstone investment prospects

October 14, 2021 (IEEFA) — The major pension and retirement funds that own a piece of the General J.M. Gavin (Gavin) coal plant in Ohio face increasing challenges from their investment. Most investors do not know that they own a share of the plant and some are just beginning to realize it, according to an […]

Biden Administration expands leasing plans for offshore wind farms

The New York Times: The Biden administration announced on Wednesday a plan to develop large-scale wind farms along nearly the entire coastline of the United States, the first long-term strategy from the government to produce electricity from offshore turbines. Speaking at a wind power industry conference in Boston, Interior Secretary Deb Haaland said that her […]

October 14, 2021 Read More →

Los Angeles plans $30 million for municipal solar and storage program

Los Angeles Daily News: As Los Angeles sets out to achieve 100% renewable energy by 2035, city officials announced a $30 million investment Monday in a municipal solar and storage program using city-owned buildings across departments. “We’re celebrating not just another milestone in our fight against climate change, but also a step to build a […]

September 28, 2021 Read More →

Canada clean fuel standard draws fire for reliance on upstream credits

Reuters: One of Canada’s flagship pieces of climate regulation has run into criticism from clean fuel lobby groups as Prime Minister Justin Trudeau prepares to start his third term in office, with industry advocates arguing it is out of step with Canada’s goals to achieve net-zero emissions. The Clean Fuel Standard is set to come […]

September 28, 2021 Read More →

IEEFA U.S.: Harvard fossil fuel divestment can serve as model for other institutions nationally and globally

Harvard divestment raises issue of climate, ethics and investments by higher ed and philanthropies

The recent decision by Harvard to divest from fossil fuels is part of a trend and also a precedent-setting event.  Earlier this year, BlackRock informed the New York City pension funds that the divestment movement is no longer limited to small investment funds. Its report found that an increasing number of large institutional investors are […]

September 22, 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 →

Biden pushes plan to boost solar to 45% of U.S. electricity supply

New York Times ($): The Biden administration on Wednesday released a plan to produce almost half of the nation’s electricity from the sun by 2050 as part of its effort to combat climate change. Solar energy provided less than 4 percent of the country’s electricity last year, and the administration’s target of 45 percent would […]

September 8, 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 →

Los Angeles speeds up net-zero transition plans by a decade to 2035

Utility Dive: The Los Angeles City Council voted Wednesday to transition to 100% clean energy by 2035, in line with President Biden’s national goals and a decade earlier than the city originally planned.  The LA100 plan would see the city replace its natural gas electricity generation with wind, solar and battery storage, while also improving […]

September 3, 2021 Read More →

Hurricane Ida highlights need for renewable distributed electricity grid

New York Times ($): Most of New Orleans went dark on Sunday after Hurricane Ida took out transmission lines and forced power plants offline. It was an all too familiar scene in a city that has often lost power during big storms. But this was an outage that was never supposed to happen. The utility […]

August 31, 2021 Read More →