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IEEFA Research

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.: 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 […]

More News and Commentary

NextEra proposes 690MW solar farm at closed Iowa nuclear plant

The Gazette: For more than four decades, the name of former Cedar Rapids utility executive Duane Arnold has been synonymous with nuclear power in Iowa. Now it could have a new connotation: a massive solar energy project planned for 2023 near the now-idle Duane Arnold Energy Center. Owner NextEra Energy of Florida this week laid […]

March 18, 2021 Read More →

U.S. renewable energy capacity additions climbed by record levels in 2020

S&P Global Market Intelligence ($): U.S. power plant developers added more wind, solar and energy storage capacity in 2020 than ever before, according to a new report highlighting the country’s accelerating shift toward cleaner sources of electricity. Fueled by an unprecedented building boom in the final three months of the year, the wind industry commissioned […]

February 8, 2021 Read More →
IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now
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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.: Coal plants close as renewable energy construction rises

IEEFA U.S.: Coal plants close as renewable energy construction rises

Two sectors heading quickly in opposite directions

Joe Biden’s win in the U.S. presidential election has sparked thousands of words about coming changes to the electric utility sector; the reality is that the marketplace is already quickly pushing these changes. During the past three weeks, seven utilities have announced plans to close or convert almost 9,500 megawatts (MW) of coal-fired generation across […]

November 20, 2020 Read More →

Alliant to close one coal-fired power plant in Iowa, convert a second to gas

Des Moines Register: Alliant Energy will close its Lansing coal-fired power plant in northeast Iowa over the next two years as it shifts to more solar, wind and other renewable energy sources. Retiring the Lansing plant is part of a broader goal to eliminate all coal from Alliant’s power generation system by 2040, the company […]

October 30, 2020 Read More →
IEEFA U.S.: As oil and gas wane, Texas wind industry ascends
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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 […]

Installed U.S. wind capacity topped 100GW in 2019, trade group says

ReNews.biz: The U.S. now has more than 100GW of wind installed after it connected some 9.1GW of new projects to the grid last year. Total U.S. capacity now stands at 105GW, with 2019 additions representing 39 percent of all utility-scale power additions to the grid nationally. The figures, published in an annual report by U.S. […]

April 17, 2020 Read More →

Wisconsin utility looking to move forward with 1,000MW solar buildout

S&P Global Market Intelligence ($): Alliant Energy Corp. said Feb. 21 that it is likely to file in the second quarter with regulators its rate plan covering the first tranche of a 1,000-MW solar buildout that will continue through 2023 in Wisconsin. The Madison, Wis.-headquartered utility holding company said it is also “watching closely” legislative […]

February 24, 2020 Read More →

U.S. installed 9.1GW of new wind in 2019, total capacity now tops 105GW—AWEA

Windpower Engineering & Development: The [U.S.] wind industry experienced its third strongest year on record in 2019 as project developers added 9,143 MW of wind power capacity to the grid. On the heels of this activity, another 44,000 MW of wind projects – representing over $62 billion in investment – are either under construction or […]

February 3, 2020 Read More →
IEEFA U.S.: Wind farms are forever

IEEFA U.S.: Wind farms are forever

As coal, gas, and nuclear plants struggle to survive, a fast-growing industry digs in

When the Lake Benton II wind farm in southwestern Minnesota was taken offline this past October after 20 years of service, the shutdown made news for its novelty. Wind farms are being built these days, not closed, and Lake Benton II was supposed to last until 2029. AT AROUND THE SAME TIME THAT THE 100-MEGAWATT […]

January 23, 2020 Read More →