Tennessee

IEEFA Research

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

Financial concerns are likely to affect other PJM gas projects still in the planning phase

Nov. 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 report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry

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 it

Oct. 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 […]

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 report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry
, and

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 it

Oct. 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 […]

Utility-scale solar is surging across the southeast

S&P Global Platts: After climbing 15% in 2018, utility-scale solar capacity in the southeastern US is expected to surge another 25% this year, but the geographic concentration of such growth is driven more by policy than by the quality of the sunshine, S&P Global Platts analysis shows. S&P Global Platts Analytics data show the region […]

July 30, 2019 Read More →
IEEFA brief: Paradise 3 coal plant merits retirement
, and

IEEFA brief: Paradise 3 coal plant merits retirement

Buyers beware: resuscitating the aging unit is a losing proposition

June 11, 2019 (IEEFA U.S.) – The decision by the Tennessee Valley Authority’s (TVA’s) board of directors to close the Paradise Unit 3 coal-burning power plant in 2020 “makes perfect sense,” according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The briefing note, Problems in Paradise: Closing TVA’s […]

Incoming TVA CEO backs board’s decision to close Paradise, Bull Run coal plants

Associated Press: Shutting down a Kentucky coal-fired power plant is the right decision, the new head of the Tennessee Valley Authority said Friday. President Donald Trump and the U.S. Senate majority leader who hails from Kentucky had previously criticized the move. Jeff Lyash took over as president and CEO of the nation’s largest public utility […]

April 15, 2019 Read More →

Study projects sharp growth in solar generation across southeast U.S. through 2022

Times Free Press: Solar power generation is projected to more than double across the South by 2022 from last year’s level, but one of the early leaders in turning to the sun a generation ago won’t be one of the major players, according to a new study of solar power in the Southeast. In its […]

April 12, 2019 Read More →
IEEFA U.S.: The TVA’s new resource-development plan underscores coal’s long-term dilemma

IEEFA U.S.: The TVA’s new resource-development plan underscores coal’s long-term dilemma

Of 30 scenarios being considered for meeting new growth, not one favors building new coal-fired plants

The transition away from coal by the Tennessee Valley Authority (TVA), one of the nation’s largest electricity generators, has been swift. Since 2007, the utility has retired thousands of megawatts of coal-fired generating capacity, diminishing coal’s share of TVA’s electricity generation to roughly 25% from 58%. More retirements are in the offing following a recent […]

TVA assessment recommends closing Paradise, Bull Run coal plants

Times Free Press: The Tennessee Valley Authority is proposing to close two more of its coal-fired power plants due to stagnant or declining power demand in its 7-state region. Despite opposition to the plant closings from President Trump and Senate Majority Leader Mitch McConnell Monday night, TVA’s final environmental assessments released Monday concluded that TVA should shut […]

February 12, 2019 Read More →
IEEFA U.S.: The gathering solar wave
and

IEEFA U.S.: The gathering solar wave

Sleeping giant of a market is waking up

Announcing last week that it would create the largest regulated utility-scale solar footprint in the world, Florida Power & Light signaled its intentions to nudge the Sunshine State away from its ironically dubious reputation as a renewable-energy laggard. The initiative will add 30 million solar panels, five times the state’s current solar capacity, easing its […]

and January 24, 2019 Read More →

Google to get 300MW of new TVA solar for Alabama, Tennessee data centers

Times Free Press: The world’s biggest solar producer will build Alabama’s biggest solar farm in Hollywood, Alabama, in the next two years to supply renewable energy for the $600 million data center Google is building on TVA’s former Widows Creek coal plant site. NextEra Energy Resources will build the new 150-megawatt solar farm near the […]

January 17, 2019 Read More →

TVA to build 377MW of solar to power new Facebook facility

Times Free Press: The Tennessee Valley Authority has contracted with two of the nation’s biggest solar power developers to build the largest solar installations ever built in Tennessee and Alabama to power Facebook’s new data center in Huntsville, Alabama with 100 percent renewable energy. TVA said First Solar will erect a 227-megawatt solar farm in […]

November 5, 2018 Read More →