IEEFA Research

IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks

Eleven PJM projects under development may fail to prove financially viable

October 5, 2020 (IEEFA) — The landscape for developers of natural gas-fired power plants in the nation’s largest regional power system has shifted dramatically over the last decade, according to a joint study by the Applied Economics Clinic and the Institute for Energy Economics and Financial Analysis. The Pennsylvania-New Jersey-Maryland (PJM) system coordinates the flow […]

Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant

Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant

When, Not If:  Bridgeport’s Future and the Closing of PSEG’s Coal Plant (PDF) Presentation: When Not If_ Bridgeports Future and the Retirement of PSEG’s Coal Plant (PPT)                                        

January 23, 2014 Read More →

More News and Commentary

FERC deals blow to Connecticut gas-fired power plant proposal

The Bulletin: Plans to construct a new power plant in Killingly were dealt a serious blow this week after a federal agency upheld a request to end an energy supply agreement between the developers of the project and ISO-New England. The Federal Energy Regulatory Commission on Monday accepted a November termination filing by ISO-NE citing […]

January 5, 2022 Read More →

Report: Offshore wind supply chain worth $109 billion over decade

Associated Press: A group studying the economics of offshore wind energy in the U.S. says building and operating the nascent industry will be worth $109 billion to businesses in its supply chain over the next 10 years. The report by the Special Initiative on Offshore Wind comes as states on both coasts and the Gulf […]

October 12, 2021 Read More →

Avangrid solar rollbacks in Maine spill over into N.M. merger fight

Associated Press: New Mexico customers are sounding the alarm over a proposed multibillion-dollar merger of the state’s largest electric utility provider with a U.S. subsidiary of Spanish energy giant Iberdrola, citing a sordid track record of reliability and customer service. They voiced their concerns during a virtual hearing Monday as state regulators prepare to hear […]

August 10, 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 →

DTE retires last unit of River Rouge coal-fired plant

Power Magazine: DTE Energy has retired the last operating unit of its River Rouge coal-fired power plant along the Detroit River, a facility that came online in 1956 and entered commercial operation in 1958. The utility on June 4 said River Rouge, located just southwest of Detroit, Michigan, operated for the final time on May […]

June 7, 2021 Read More →

PNM sale of Four Corners draws fire as financial, environmental loser

Santa Fe New Mexican: Many environmental groups and other organizations say Public Service Company of New Mexico should get out of the pollution-spewing Four Corners Power Plant — but not the way the utility has proposed. PNM’s agreement to transfer its share of the coal-fired plant to Farmington-based Navajo Transitional Energy Co. is worse than […]

May 24, 2021 Read More →

Biden approves Vineyard Wind project, first major U.S. offshore wind farm

New York Times ($): The Biden administration on Tuesday announced its final approval of the nation’s first commercial-scale offshore wind farm, a major step toward President Biden’s goal of expanding renewable energy production across the United States. The Vineyard Wind project calls for up to 84 turbines to be installed in the Atlantic Ocean about […]

May 11, 2021 Read More →

First large-scale U.S. offshore wind farm could open by 2023

S&P Global Market Intelligence ($): Avangrid Inc.’s 800-MW Vineyard Offshore Wind Project appears on track to become the first large-scale U.S. offshore wind farm to enter service, with the developer expecting a final investment decision in the second half of 2021 and production of electricity to begin in 2023, executives said May 4. Avangrid’s 23-GW […]

May 7, 2021 Read More →

U.S. East Coast states planning for surge in offshore wind projects

S&P Global Market Intelligence ($): U.S. East Coast states are bracing for an offshore wind boom as a new presidential administration signals support for the burgeoning industry. President Joe Biden’s administration on March 8 published the environmental statement for the proposed 800-MW Vineyard Offshore Wind Project off the coast of Martha’s Vineyard in Massachusetts, being […]

March 10, 2021 Read More →

Connecticut regulators give go-ahead for largest solar project in Northeast U.S.

Electrek: The Connecticut Siting Council has approved a 120-megawatt solar farm in East Windsor that covers 485 acres. It will be the largest solar farm in the Northeastern US and deliver enough clean energy to customers in Connecticut, Massachusetts, and Rhode Island to power more than 12,000 homes. It’s called Gravel Pit Solar, and construction […]

March 4, 2021 Read More →