Indiana

IEEFA Research

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February 18, 2021 (IEEFA) — Duke Energy’s plans for its two utilities in the Carolinas rely on outdated cost estimates to avoid expanding battery storage capacity, according to a new study by the Institute for Energy Economics and Financial Analysis (IEEFA).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.: 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 report: Indiana electric utility customers could pay $128 million more through 2026

IEEFA report: Indiana electric utility customers could pay $128 million more through 2026

HB1414 means two aging coal plants likely to stay open, a setback for consumers and businesses

April 8, 2020 (IEEFA U.S.) – Hoosiers could be on the hook for an additional $128 million as a result of House Bill 1414 which was passed by the Indiana General Assembly in March, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA), an Ohio-based energy think tank. […]

IEEFA Coal Outlook 2020: Market trends are pushing U.S. industry to a reckoning

IEEFA Coal Outlook 2020: Market trends are pushing U.S. industry to a reckoning

Competition, financing, consolidation, muni/co-op trajectories, export markets

March 30, 2020 (IEEFA U.S.) — A report published today by the Institute for Energy Economics and Financial Analysis (IEEFA) sees the U.S. coal industry continuing to decline through 2020 and beyond. The report, U.S. Coal Outlook 2020: Market Trends Are Pushing Industry Ever Closer to a Reckoning, details issues that will likely persist in driving […]

IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike

IEEFA report: ‘Holy Grail’ of carbon capture continues to elude coal industry; ‘cautionary tale’ applies to domestic and foreign projects alike

Study details lack of economic feasibility around North American initiatives; costly and/or failed efforts at Duke’s Edwardsport, NRG’s Petra Nova, SaskPower’s Boundary Dam, and Southern Co.’s Kemper plant; technology seen as unworkable and too expensive for fast-changing electricity-generation markets

Nov. 19, 2018 (IEEFA) — A study published today by the Institute for Energy Economics and Financial Analysis concludes that costly efforts undertaken in North America to develop workable, economic technology to capture carbon from coal-fired generation have come up short. Further, the study concludes that technology developments in the renewable energy and natural gas sectors […]

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

IEEFA report: U.S. likely to end 2018 with record decline in coal-fired capacity

Utilities accelerate shutdown dates; 22 plants in 14 states this year; hard-hit regions include the Ohio River Valley

Oct. 25, 2018 — U.S. coal-fired power plant closures are on pace this year to set a record, concludes a research report published today by the Institute for Energy Economics and Financial Analysis. The report — “Record Drop in U.S. Coal-Fired Capacity Likely in 2018: Utilities Are Accelerating Shutdown Dates as Plants Grow Increasingly Uneconomic”— […]

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

February 24, 2015 Read More →
Report:  No evidence of a turnaround at Prairie State

Report: No evidence of a turnaround at Prairie State

No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis

September 25, 2014 Read More →
Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise (pdf).

August 29, 2012 Read More →

More News and Commentary

Indiana utility signs deals for 404MW of wind, solar as part of coal phaseout plan

Northwest Indiana Times: NIPSCO and the North American subsidiary of the Spanish firm EDP Renewables announced Tuesday a power purchase agreement and a build-and-transfer agreement for two renewable energy projects — one wind and one solar — in White County. The power purchase agreement, or PPA, will apply to the 204-megawatt Indiana Crossroads II Wind […]

March 24, 2021 Read More →
IEEFA: Duke Energy’s North Carolina gas IRPs fail to consider battery storage as viable option
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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 […]

Indiana utility to shutter two units at R.M. Schahfer coal plant by year’s end

S&P Global Market Intelligence ($): Northern Indiana Public Service Co. will retire two units at the 1,625-MW R.M. Schahfer coal plant by the end of the year as part of an accelerating transition to cleaner energy resources, executives with parent company NiSource Inc. said Feb. 17. The NiSource subsidiary, or NIPSCO, previously announced in September […]

February 18, 2021 Read More →

Indiana utility brings 502MW of wind capacity online as part of 2028 coal exit plan

Northwest Indiana Times: Two new wind farms are now online and generating electricity for NIPSCO, the company announced Monday. The Indiana-based projects — Rosewater Wind in White County and Jordan Creek Wind in Benton and Warren counties — are generating enough electricity to power 125,000 homes, according to NIPSCO. He [NIPSCO President Mike Hooper] said […]

February 2, 2021 Read More →
IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
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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 […]

U.S. coal companies White Stallion and Lighthouse Resources file for bankruptcy

S&P Global Market Intelligence ($): Two more U.S. coal mining companies have filed for bankruptcy as producers across the country struggle to sell coal into the troubled thermal coal market. White Stallion Energy LLC and Lighthouse Resources Inc. filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware […]

December 4, 2020 Read More →

Indiana utility Nipsco contracts for 1,035MW of solar and storage to replace coal-fired generation

PV Tech: Indiana’s solar capacity is set to surge in the next three years as the state’s second-biggest utility unveils plans to develop three large-scale projects. Northern Indiana Public Service Company (NIPSCO) has secured build-transfer agreements with subsidiaries of NextEra Energy Resources to develop 900MW of solar as well as 135MW of battery storage. NextEra […]

October 23, 2020 Read More →

S&P: Water availability a growing threat for many U.S. coal-fired power plants

S&P Global Market Intelligence ($): Many of the nation’s coal-fired power plants, often heavy consumers of water resources, are located in areas projected to soon face water stress due to climate change. Water stress occurs when humanity’s competition for water exceeds the rate at which nature can replenish its stocks. Based on an analysis of […]

October 22, 2020 Read More →
IEEFA U.S.: Abrupt shift to renewables at Indiana utility underscores a broader trend

IEEFA U.S.: Abrupt shift to renewables at Indiana utility underscores a broader trend

Strategies that rely on gas as a ‘bridge fuel’ are falling out of favor

The speed of the utility industry’s embrace of renewable energy and its unwillingness to build costly new fossil fuel generation—gas or coal-fired—is occurring much faster than would have been thought possible just a few years ago. In 2016, Southern Indiana Gas and Electric (SIGECO) proposed building a 700-megawatt (MW) combined cycle gas turbine (CCGT) plant […]

August 27, 2020 Read More →

Indiana utility looking for 1,300MW of renewables and battery storage to replace coal generation

S&P Global Market Intelligence ($): Southern Indiana Gas and Electric Co. has issued a request for proposals for up to 1,300 MW of wind, solar and solar-plus-storage resources, as part of its plan to identify replacement capacity beginning in 2023. The CenterPoint Energy Inc. subsidiary is seeking 700 MW to 1,000 MW of solar and […]

August 13, 2020 Read More →