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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 […]

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IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
, and

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
, and

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.: Idaho Power IRP should be required reading for Wyoming regulators, politicians

Plan shows economics, not politics, driving the shift from coal to renewables

Idaho Power’s latest revision of its 2019 integrated resource plan (IRP) charts the utility’s direction through 2040 but is likely to have the greatest impact in neighboring Wyoming in the next year or two. The IRP has Idaho Power being coal-free by 2030 and carbon neutral by 2045. This has major implications for Wyoming because […]

November 4, 2020 Read More →

PacifiCorp issues RFP for 4,338MW of new renewable energy, battery storage capacity

KIFI/KIDK: PacifiCorp, the parent company of Rocky Mountain Power, has issued what it calls the largest request for proposals for renewable energy projects in company history. The company is looking for competitive resources to connect to its 10-state transmission system. According to its Integrated Resource Plan, the company plans to add 1,823 megawatts of new […]

July 8, 2020 Read More →

LS Power unit looking to build 1,000MW wind farm in Idaho

Times-News: A massive wind farm, Idaho’s largest, could break ground in the Magic Valley in 2022. The final size and cost for the Lava Ridge Wind Project isn’t yet known, but the wind farm could be up to 1,000 megawatts with a price tag in the $1 billion range. At 1,000 MW and with hundreds […]

March 23, 2020 Read More →
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IEEFA U.S.: Wyoming legislative push for carbon-capture subsidy would cost state ratepayers for years to come

Charging customers $7,000 apiece for a long-shot industry experiment

In making a pitch for a multi-billion-dollar ratepayer-funded bailout of the state’s coal industry, Wyoming legislators are avoiding the hard truth of market realities all around them and asking rank-and-file electric customers to foot the bill. Legislation now being considered by the Wyoming legislature (House Bill No. HBO200) would direct the state’s utility commission to […]

and February 21, 2020 Read More →

IEEFA U.S.: PacifiCorp’s transition to renewables and battery storage sets a new industry pace

Forward-looking template is one that lagging utilities like Duke Energy and Southern Company can follow

PacifiCorp’s announcement last week that it will build thousands of megawatts of new wind, solar and battery storage capacity in its transition away from coal will reshape electricity markets across the West over the next 10 years. Its impact will be felt nationally, too, perhaps nowhere as much as in the Southeast. The reason behind […]

October 10, 2019 Read More →
IEEFA update: Out-to-pasture coal plants are being repurposed into new economic endeavors
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IEEFA update: Out-to-pasture coal plants are being repurposed into new economic endeavors

Redevelopment of abandoned sites can mitigate the harsh impact of plant and mine closures

One of the questions dangling around the closure of the Navajo Generating Station (NGS) in northern Arizona is what will become of the site once the plant shuts down at the end of 2019. One option being discussed is turning NGS into a utility-scale solar and/or storage power site. As part of the plant retirement […]

Idaho company proposes largest solar project in the Northwest

Idaho State Journal: A Boise developer hopes to build what would be the Northwest’s largest solar farm in Twin Falls County near the Nevada border and to sell the renewable energy to Idaho Power. Idaho Power has applied with the Idaho Public Utilities Commission to approve a power purchase agreement with Boise-based Alternative Power Development, […]

May 20, 2019 Read More →
IEEFA U.S.: Solar-plus-storage is undermining the economics of existing coal-fired generation

IEEFA U.S.: Solar-plus-storage is undermining the economics of existing coal-fired generation

Utilities see potential in a money-saving shift

A harsh new reality is undermining the U.S. coal-fired electricity sector: Cleaner generation by way of utility-scale solar backed with storage is an increasingly cheaper option for utility companies than continuing to operate aging coal plants. The most recent—and perhaps most detailed—example of this new paradigm can be seen in ongoing long-term resource planning by […]