Minnesota

IEEFA Research

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.: Ratepayers face risks with Project Tundra’s retrofit of aging N.D. coal-fired plant

IEEFA U.S.: Ratepayers face risks with Project Tundra’s retrofit of aging N.D. coal-fired plant

Unproven technology funded by federal tax credits unlikely to pay off

September 22, 2020 (IEEFA) — A plan to retrofit an aging coal-fired plant in North Dakota with unproven carbon capture and storage technology is likely to raise rates for customers who get electricity from the Milton R. Young Unit 2 facility, according to a new report from the Institute for Energy Economics and Financial Analysis […]

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 […]

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: 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”— […]

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 →

More News and Commentary

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

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 […]

Minnesota Power sets retirement dates for last coal plants, aims for 2050 carbon-free generation

Minneapolis Star Tribune: Minnesota Power will shutter and convert its last two coal power plants by 2035 as it moves toward a promised 100% carbon-free energy mix by 2050. The Duluth-based utility, which serves a broad swath of northeastern and central Minnesota, announced the timeline Tuesday ahead of the company filing a detailed 15-year plan […]

January 13, 2021 Read More →

Xcel seeking bids for 500MW of solar at Sherco coal plant in Minnesota

Renewables Now: U.S. utility Xcel Energy Inc has issued a Request for Proposals (RfP) that seeks to add around 500 MW of newly-built solar power generation in Minnesota. The utility-scale solar capacity should be located in proximity to the company’s coal-fired Sherburne County (Sherco) power plant in Becker. Through the solicitation, launched on Monday, Xcel […]

January 7, 2021 Read More →

Minnesota regulators okay $750 million Xcel plan to repower 651MW of wind capacity

Minneapolis Star-Tribune: Minnesota regulators on Wednesday approved Xcel Energy’s $750 million wind farm “repowering” project, one of several proposals from the utility to help speed up the state’s economic recovery from COVID-19. Xcel, the state’s largest utility, said its plan to retool several existing wind farms will save ratepayers $160 million through efficiency gains. The […]

January 4, 2021 Read More →

Minnesota’s Great River Energy to replace 1,151MW Coal Creek plant with wind power

Minneapolis Star Tribune: Great River Energy now has agreements with five wind farms to provide power to help compensate for the planned closure of its massive coal plant in North Dakota by 2023. Maple Grove-based Great River, the state’s second largest electricity producer, this week announced three new wind power purchase agreements, mostly in Minnesota. […]

December 11, 2020 Read More →
IEEFA Webinar: ICYMI Project Tundra carbon capture report
, and

IEEFA Webinar: ICYMI Project Tundra carbon capture report

Retrofitting aging Milton R. Young coal plant Unit 2 with CCS makes little economic sense

October 9, 2020 (IEEFA U.S.) ‒ In case you missed it (ICYMI), Director of Resource Planning Analysis, David Schlissel and analyst/editor Dennis Wamsted presented webinars October 6 and 7 on IEEFA’s report Project Tundra: A Step In the Wrong Direction. Carbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to […]

and

IEEFA Webinar: Project Tundra carbon capture plan carries large risks for Minnkota co-ops

Lead author David Schlissel will present his research findings in an online briefing

On Wednesday, October 7th at 5:00 p.m. Central (6:00 p.m. EDT), IEEFA’s Director of Resource Planning Analysis, David Schlissel will present the report: Project Tundra: Carbon Capture Project A Step in the Wrong Direction Carbon Capture and Storage (CCS) is often promoted as a technology that brings benefits to business, local communities and the environment. […]

IEEFA U.S.: Ratepayers face risks with Project Tundra’s retrofit of aging N.D. coal-fired plant
, and

IEEFA U.S.: Ratepayers face risks with Project Tundra’s retrofit of aging N.D. coal-fired plant

Unproven technology funded by federal tax credits unlikely to pay off

September 22, 2020 (IEEFA) — A plan to retrofit an aging coal-fired plant in North Dakota with unproven carbon capture and storage technology is likely to raise rates for customers who get electricity from the Milton R. Young Unit 2 facility, according to a new report from the Institute for Energy Economics and Financial Analysis […]

IEEFA U.S.: As oil and gas wane, Texas wind industry ascends
, , and

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 […]

IEEFA Energy Finance Conference 2020 roundup: Local leadership, global change

IEEFA Energy Finance Conference 2020 roundup: Local leadership, global change

Business case for renewables-based economic development grows stronger by the day

The transition to renewable energy is frequently advocated on environmental grounds, but the financial case for moving away from fossil fuels is becoming undeniably clear, according to experts speaking during the final week of IEEFA’s 2020 Energy Finance Conference (July 14-30). The annual meeting of international energy, finance and policy experts, which was offered online […]

July 31, 2020 Read More →