Colorado

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 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 report: Proposed carbon capture retrofit of San Juan Generating Station does not add up

IEEFA report: Proposed carbon capture retrofit of San Juan Generating Station does not add up

‘Rational investors or regulators’ are unlikely to back Enchant Energy

Feb. 12, 2020 (IEEFA) — A proposal to turn the San Juan Generating Station in northwestern New Mexico into a carbon-capture project is doomed by core flaws in the business model put forth by its promoter, concludes a report published today by the Institute for Energy Economics and Financial Analysis. The report, Enchant’s Proposed CCS […]

IEEFA U.S.: Bill to incentivize federal reinvestment in tribal regions of Arizona suggests a model for coalfield communities nationally

IEEFA U.S.: Bill to incentivize federal reinvestment in tribal regions of Arizona suggests a model for coalfield communities nationally

Bipartisan support is possible; Congressional appropriations will be key

Sept. 29, 2019 (IEEFA) — A bill to encourage federal reinvestment in communities hurt by the closure of the Navajo Generating Station (NGS)-Kayenta Mine complex in Arizona suggests a model that could work for coalfield communities nationally, concludes a report published today by the Institute for Energy Economics and Financial Analysis. The report—Bill to Spark […]

and September 19, 2019 Read More →
IEEFA U.S.: Peabody quietly lays off over 150 long-time Native American miners ahead of Kayenta coal closure

IEEFA U.S.: Peabody quietly lays off over 150 long-time Native American miners ahead of Kayenta coal closure

Nearly half of workforce let go; No word from corporate headquarters on long-term fate of remaining employees or of company resolve to honor reclamation responsibilities and local jobs promises

Peabody Energy during the first quarter of the year quietly reduced the size of the workforce at Kayenta Mine in northeastern Arizona by 46 percent, from 336 miners to 182. In March, Peabody acknowledged publicly it had recently let go 40 Kayenta mine workers. The company has been silent beyond that announcement. The latest information […]

and June 11, 2019 Read More →

More News and Commentary

Colorado steel mill to run on 240MW solar farm

Colorado Public Radio: The official launch of a massive solar array that will power the steel mill in Pueblo was held Wednesday on top of a hill with a view that framed the array, mill and power station connecting the two. The Bighorn solar project, financed, built and operated by Lightsource BP, will generate electricity […]

October 14, 2021 Read More →

BLM reports more than 40 pending renewable projects on public lands

E&E News ($): The Bureau of Land Management currently has more than 40 renewable energy projects in the permitting pipeline, making significant inroads toward meeting President Biden’s onshore green energy goal, a senior Interior Department official said today. These proposals comprise 23 solar, four wind and five geothermal power projects, as well as five transmission […]

September 24, 2021 Read More →

Tri-State modified exit fees draw mixed reviews from members

S&P Capital IQ ($): Various utilities urged the Federal Energy Regulatory Commission to reject the Tri-State Generation and Transmission Association Inc.’s modified rules and procedures used to set its exit fees for departing members, while others said the changes marked a considerable improvement. Tri-State proposed a modified contract termination payment, or CTP, procedure, drawing both […]

September 22, 2021 Read More →

United Power calls for “radical re-envisioning” of Tri-State model

The Denver Post: An electric cooperative wrangling with Tri-State Generation and Transmission Association over local control and getting off coal has issued a public pronouncement that it and fellow cooperatives still need the power supplier. Just not in the current form. Brighton-based United Power, which serves about 300,000 people along Colorado’s bustling Front Range, is […]

September 13, 2021 Read More →

Colorado Springs shuts down one of last urban power plants in U.S.

Colorado Springs Gazette: Colorado Springs’ downtown power plant burned its last lumps of coal Friday, as crews prepare to tear down the long-standing towers that have filled the skyline with steam. Shuttering Martin Drake Power Plant, one of the last urban power plants in the country, will help cut the community’s carbon emissions and potentially […]

August 30, 2021 Read More →

Dominion plans filing largest clean energy Virginia submission to date

Utility Dive: Dominion Energy is preparing to file its largest clean energy submission to date as part of Virginia’s triennial review process, totaling $1.5 billion in investment, CEO Robert Blue said on the utility’s second quarter earnings call Friday.  The filing, due later this month, will include up to 1,100 MW of solar, either owned […]

August 9, 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 […]

Xcel plans 10,000 MW of renewables in Minnesota, Colorado

Utility Dive: Xcel Energy, in its second quarter earnings report on Thursday, said it plans to significantly accelerate decarbonization efforts in its home state of Minnesota and will cut emissions by 85% by 2030. Xcel is preparing for a major transition, with long-time CEO and chairman Ben Fowke slated to retire in August and turn […]

July 30, 2021 Read More →

Ground broken on $500 million solar steel rail mill in Colorado

Pueblo Chieftan: Gov. Jared Polis joined EVRAZ North America in Pueblo Wednesday to break ground  on a $500 million long rail mill that will employ about 300 people when complete, and have the capability of make ¼-mile long sections of rail.  Construction on the state-of-the art, ½-mile long rail building will employ about 800 construction […]

July 15, 2021 Read More →

Enel expands US portfolio to include 3.2GWdc of solar, storage projects

PV Tech: Enel Green Power has bolstered its position in the US solar and energy storage markets by acquiring a 3.2GWdc portfolio of solar and solar-storage projects. The portfolio comprises 24 development-stage projects spread across the Mid-Atlantic, Midwest and Western United States, specifically in the states of New Jersey, Pennsylvania, Delaware, West Virginia, Missouri and […]

July 14, 2021 Read More →