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Associated Press: The Environmental Protection Agency is taking its first major action to address toxic wastewater from coal-burning power plants, ordering utilities to stop dumping waste into unlined storage ponds and speed up plans to close leaking or otherwise dangerous coal ash sites. Plants in four states will have to close the coal ash ponds […]
IEEFA
ReNews.biz: US utility Appalachian Power is seeking approval for almost 500MW of clean power over the next three years as part of its long-range plan to meet the renewable energy targets established by the Virginia Clean Economy Act (VCEA). Appalachian Power, which is part of American Electric Power, is looking to acquire or contract 294MW […]
IEEFA
Associated Press: Climate change isn’t what’s driving some U.S. coal-fired power plants to shut down. It’s the expense of stricter pollution controls on their wastewater. Dozens of plants nationwide plan to stop burning coal this decade to comply with more stringent federal wastewater guidelines, according to state regulatory filings, as the industry continues moving away […]
Dennis Wamsted and Press Release
Financial concerns are likely to affect other PJM gas projects still in the planning phase
November 18, 2021 (IEEFA) – A recent decision to cancel the 1,000-megawatt Beech Hollow combined gas plant in Pennsylvania is the latest warning for investors considering funding new gas-fired power plants in the PJM Interconnection (PJM) region. According to a briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA), the reason is […]
IEEFA
S&P Capital IQ ($): The utility-scale solar power penetration in the U.S. increased to 2.2% in 2020 from 1.7% in 2019 as more companies continue to adjust their fuel mix in favor of renewable resources. Total solar generation for the nation was up 23.7% to 88.9 million MWh, from 71.9 million MWh in 2019, according […]
IEEFA
The Tennessean: A 600-foot-tall smokestack and other equipment at Tennessee’s oldest coal-fired power plant was demolished to make way for lower-emission energy technology on Saturday morning. The Tennessee Valley Authority imploded the dormant exhaust equipment and ten boilers at the former Johnsonville Fossil Plant. The coal plant operated from 1951 to 2017 in New Johnsonville. […]
Dennis Wamsted and Seth Feaster
Consumers Energy, TVA among utilities planning full exits from coal
There is an inverse S-curve developing in the U.S. coal generation sector, with announced plant retirements expanding rapidly as utilities and independent power producers adjust to the influx of cleaner and cheaper wind, solar and battery storage resources disrupting the electric system. IEEFA data shows that just since March, the generating capacity of coal plants […]
IEEFA
S&P Global Market Intelligence ($): A nationwide clean power standard requiring 80% of U.S. electricity to come from carbon dioxide-free sources by 2030 would save hundreds of thousands of lives and sharply improve air quality while combatting climate change, according to a new study released July 12. The analysis, which the authors claimed was the […]
IEEFA
Memphis Commercial Appeal: The company planning to build the Byhalia Connection pipeline on Friday announced that it is abandoning the project, bringing a sudden end to one of the biggest environmental controversies in recent Memphis history. The project, which would have put a crude oil pipeline through mostly Black South Memphis neighborhoods, sparked a complex […]
IEEFA
Chattanooga Times Free Press: When the Kingston Fossil Plant began power generation for the Tennessee Valley Authority in 1955, it was the largest coal-burning power plant in the world — a distinction it held for more than a decade. But after 66 years of electricity generation — and the nation’s worst coal ash spill at […]
IEEFA report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry
Decade-long influx of cheap gas started regional transition; solar expected to finish itOct. 1, 2019 (IEEFA U.S.) – Abundant gas supplies have transformed the electricity-generation sector in the traditionally coal-dominated Southeast U.S. Planned new solar construction in the region will add momentum to the energy transition and likely lead to the zeroing out of all coal generation in a number of states in the near future, finds […]