Massachusetts

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 […]

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

Massachusetts legislature backs bill raising state’s offshore wind goal to 5.6GW

ReNews.biz: The Massachusetts state legislature has increased its offshore wind target to 5600MW for the state. An Act Creating a Next-Generation Roadmap for Massachusetts Climate Policy authorises an additional 2400MW of offshore wind procurement. It also raises the State’s Renewable Portfolio target to 40% by 2030. The legislation will now go to state Governor Charlie […]

January 11, 2021 Read More →

Analysis shows rooftop solar saved New England ratepayers $1.1 billion from 2014-2019

S&P Global Market Intelligence ($): A new report analyzing ISO New England data concluded that behind-the-meter solar produced over 8,600 GWh of electricity across the grid operator’s territory from 2014 to 2019, reducing wholesale energy market costs in the region by $1.1 billion. In addition to $317 million in load-impact benefits, that figure includes $743 […]

December 9, 2020 Read More →

Massachusetts regulators okay contracts for 804MW Mayflower offshore wind project

ReNews.biz: The Massachusetts Department of Public Utilities (DPU) has approved long-term contracts between the Commonwealth’s electric distribution companies and the 804MW Mayflower Wind offshore project off the US east coast. Mayflower Wind was selected for contract negotiation in October 2019 based on criteria established under a request for proposals (RFP) that was previously subject to […]

November 9, 2020 Read More →
IEEFA U.S.: Investors in gas-fired projects in largest regional power system face substantial risks
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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 […]

BP buys into U.S. offshore wind market, inks $1.1 billion deal with Equinor

S&P Global Market Intelligence ($): Equinor ASA has agreed to sell a 50% stake in two offshore wind farms to BP PLC, establishing a strategic partnership to further develop similar projects in the U.S. The Norwegian state-owned energy company will sell the nonoperated stake in the 2-GW Empire Wind, located off the coast of New […]

September 10, 2020 Read More →

State mandates to drive 12.5GW of new wind, solar capacity in New England region by 2030—S&P

S&P Global Market Intelligence ($): Despite being the smallest independent system operator, or ISO, in terms of electricity demand in the U.S., ISO New England is expected to be a very active market for renewable energy deployment over the next decade. Each of the six states in the ISO has a mandatory renewable portfolio standard […]

June 16, 2020 Read More →

Massachusetts may become third state to begin planning for transition away from gas heating

Utility Dive: Massachusetts Attorney General Maura Healey on Thursday called for the Department of Public Utilities (DPU) to investigate the future of the state’s natural gas industry “to protect ratepayers and ensure a safe, reliable, and fair transition away from reliance on natural gas and other fossil fuels.” Massachusetts has set a legally binding statewide […]

June 8, 2020 Read More →

Spain’s Iberdrola announces push into nascent floating offshore wind industry

Greentech Media: Spanish utility giant Iberdrola has revealed a multi-pronged floating offshore wind strategy, announcing two pilot projects and hinting at grander ambitions for the future. Iberdrola, which controls U.S. utility Avangrid and ranks among the world’s largest wind generators, revealed Monday that it plans to have its first floating turbine in the water in […]

March 31, 2020 Read More →

Proposed New England power projects reflect ‘dramatic shift’ from gas to renewables

Utility Dive: About 95% of nearly 21GW of energy resources currently proposed for the New England region are grid-scale wind, solar and battery projects, according to the Independent System Operator of New England (ISO-NE). The number “reflects a dramatic shift” in the grid operator’s interconnection queue, ISO-NE president and CEO Gordon van Welie said in […]

March 16, 2020 Read More →

S&P: Renewables offer better financial return in New England market than merchant gas plants

S&P Global Market Intelligence ($): The expected financial return on new renewable projects in ISO New England exceeds that of merchant natural gas projects, according to recent analysis from S&P Global Market Intelligence. New merchant natural gas projects in ISO-NE are affected by the ISO-NE Forward Capacity Auction. In February, the auction, known as FCA […]

March 9, 2020 Read More →