Massachusetts

IEEFA Research

IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables

IEEFA U.S.: Duke Energy IRPs for Carolina utilities overlook opportunities for savings from renewables

Integrated resource plans for Duke give short shrift to offshore wind, solar and battery storage

April 5, 2021 (IEEFA) ⎼ A pair of long-range plans for Carolina utilities owned by Duke Energy are all but ignoring potential savings from renewable energy sources over the next decade, according to a report by the Institute for Energy Economics and Financial Analysis. The IEEFA report is the fourth in a series examining the […]

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

IEEFA U.S.: Energy transition to renewables likely to accelerate over next two to three years

Coal, gas set to become biggest losers as renewable generation climbs quickly

March 31, 2021 (IEEFA) — The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the Institute for Energy Economics and Financial Analysis’ U.S. Power Sector Outlook 2021. Solar and battery storage adoption is enjoying almost exponential growth, and wind and solar […]

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 […]

IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector

IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector

Utility-scale batteries give renewables a big lift while undercutting coal and challenging fracked gas

June 14, 2019 (IEEFA) — Momentum is gaining around an industry shift toward utility-scale battery storage systems nationally, finds a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report – Advances in Electricity Storage Suggest Rapid Disruption of U.S. Electricity Sector  –details upstart storage and storage-expansion projects in Arizona, […]

IEEFA Research Brief: Coal in Decline, Blow by Blow

IEEFA Research Brief: Coal in Decline, Blow by Blow

Plant Closings and the Likely Effects on Specific Companies and Mines

We’ve published a research brief today that presents an expansive snapshot of a moving target: the decline in U.S. coal-fired generation nationally. As global energy markets continue to undergo rapid transformation, change has swept the U.S. as well. Our brief—“U.S. Coal Phase-out, Blow by Blow: Plant Closings and the Likely Corresponding Effect on Specific Companies […]

April 21, 2017 Read More →
Report- Dark Days Ahead: Financial Factors Cloud Future Profitability at Dominion’s Brayton Point

Report- Dark Days Ahead: Financial Factors Cloud Future Profitability at Dominion’s Brayton Point

Dark Days Ahead: Financial Factors Cloud Future Profitability at Dominion’s Brayton Point (pdf).      

March 1, 2013 Read More →

More News and Commentary

Final approval given for South Fork Wind project off U.S. coast

Associated Press: Construction will soon begin on the second commercial-scale, offshore wind energy project to gain approval in the United States, the developers said. The U.S. Department of the Interior approved it in November, and the Bureau of Ocean Energy Management issued its approval letter for the constructions and operations plan Tuesday, a major step […]

January 20, 2022 Read More →

Maryland, Massachusetts give OK to four new offshore wind projects

offshoreWIND.biz: The US States of Maryland and Massachusetts have selected a total of four new offshore wind projects in their latest solicitation rounds, enabling the addition of more than 3.2 GW of new offshore wind capacity in the country that set its 2030 target to 30 GW at the beginning of this year. On 17 […]

December 20, 2021 Read More →

Third-quarter U.S. battery storage installations topped total for 2020

Energy Storage News: In the third quarter of 2021, almost as much energy storage was deployed in the US as was recorded for the whole of 2020, when the industry surpassed a gigawatt of installations for the first time ever.  According to the latest quarterly US Energy Storage Monitor report from Wood Mackenzie Power & […]

December 15, 2021 Read More →

IEEFA: Wild price swings fail to satisfy either oil and gas industry or consumers

Lack of middle ground in prices causes unhappy oil and gas companies, consumers

The price of oil has become a lot like the weather: If you don’t like it now, wait a minute.  In the spring of 2020, oil markets went into a deep freeze, with the Covid-19 pandemic, a Saudi-Russia price war, and growing supply gluts pushing U.S. oil prices into negative territory for the first time. […]

White House OKs wind project off coasts of New York, Rhode Island

Associated Press: The Biden administration approved an offshore wind farm off the coasts of Rhode Island and New York on Wednesday as part of a plan to deploy 30 gigawatts of offshore wind energy by 2030. The U.S. Department of the Interior announced it approved the construction and operations of the South Fork Wind project, […]

November 29, 2021 Read More →

Natural gas building ban hits 50 places in California, grows elsewhere

S&P Capitol IQ ($): The movement to ban natural gas use in buildings reached a milestone in the second half of 2021, with California notching its 50th building electrification mandate. Meanwhile, the number of states prohibiting the policy appeared poised to top out around 20 this year, as all-electric construction ordinances advanced on the East […]

November 24, 2021 Read More →

Boston becomes latest U.S. city to divest from fossil fuel industry

Boston Globe: Mayor Michelle Wu of Boston signed a measure to divest city funds from the fossil fuel industry on Monday, adding Boston to the small number of major US cities that have taken the step to combat the climate crisis. After running on a Green New Deal for Boston — and advocating for divestment […]

November 23, 2021 Read More →

Construction launched on first major U.S. offshore wind project

CNBC: Ground has been broken on a project dubbed the United States’ “first commercial scale offshore wind farm.” The construction’s kickoff, which took place on Thursday, represents another step forward for America’s fledgling offshore wind sector. Located in waters 15 miles off Martha’s Vineyard, near Cape Cod in Massachusetts, it’s hoped that the 800-megawatt Vineyard […]

November 19, 2021 Read More →

MassMutual to partner with UK’s Low Carbon for power production

ReNews.biz: UK-based Low Carbon and the Massachusetts Mutual Life Insurance Company (MassMutual) have joined forces to build a global renewable energy independent power producer targeting 20GW by 2030. The partnership will also support Low Carbon’s ambition to raise third-party investment funds with the aim of directing capital into large-scale renewable energy infrastructure projects in the […]

November 16, 2021 Read More →

Oklahoma gas utility mulls ‘exit fee’ for customers switching to electric

Huffington Post: Oklahoma’s biggest natural gas utility could soon charge customers who switch to electric stoves and heating systems an “exit fee” of nearly $1,400 to disconnect service, HuffPost has learned, setting a precedent that could help the industry lock millions of Americans into fossil fuel use for decades. The proposal is part of a […]

November 9, 2021 Read More →