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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.: 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, […]

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

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 →
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 […]

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 →

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 →

Sumitomo invests in long-duration battery storage developer Highview Power

Greentech Media: Long duration grid storage company Highview Power announced Tuesday it had raised a major equity investment to support its journey to market. Global industrial conglomerate Sumitomo Heavy Industries invested $46 million in Highview, becoming the largest minority shareholder in the company. The money will support Highview’s quest to commercialize large-scale energy storage plants, […]

February 26, 2020 Read More →

U.K. firm to build 50MW, long-duration battery project in Vermont

PV Magazine: London-based Highview Power uses liquid air to store energy for far longer than lithium-ion batteries and plans to develop the United States’ first long-duration, liquid-air energy storage system in northern Vermont. It’s intended to be sized at a minimum of 50 MW with more than eight hours of storage for in excess of […]

December 20, 2019 Read More →
IEEFA report: Advances in electricity storage suggest rapid disruption of U.S. electricity sector
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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, […]

Vermont utility commits to 100% renewable energy by 2030

WCAX: Vermont’s largest utility company [is] putting their best foot forward for sustainability. Green Mountain Power serves more than 75% of the state. On Saturday, they hosted an Earth Day Fair in South Burlington. The utility company announced its newest effort to bring energy to Vermonters in a more sustainable way. “Right here, right now, […]

April 15, 2019 Read More →