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Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
IEEFA analysts explain why solar, wind and battery storage are poised to push fossil generation off the grid
April 2, 2021 (IEEFA) ⎼ The Institute for Energy Economics and Financial Analysis will host a webinar on Thursday, April 8, 2021 to present findings from its recently released U.S. Power Sector Outlook 2021. Authors Dennis Wamsted, Seth Feaster, and David Schlissel will show how lower-cost wind and solar, coupled with battery storage, is rapidly […]
Press Release, Dennis Wamsted, Seth Feaster and David Schlissel
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 […]
Press Release, Guest Commentary: Dr Gabrielle Kuiper and Vibhuti Garg
Combining rooftop solar with batteries and electric vehicles is in India's near-future
31 March 2021 (IEEFA India): Policy makers and regulators must build the framework required for combining rooftop solar with battery storage and electric vehicles to meet Prime Minister Narendra Modi’s vision for a sustainable, energy-secure future, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). In addition to the […]
Bruce Robertson
Batteries are replacing coal not gas
Today, the early closure of Yallourn coal-fired power station in Victoria was announced. The closure is four years earlier than anticipated and points to the rapidly changing economics of power production in Australia. Put simply, coal and the more expensive gas can’t compete against cheaper renewables. EnergyAustralia announced Yallourn will be replaced with a 350 megawatt […]
Press Release and David Schlissel
Wind energy growth due to geography, design factors, and new installations
February 11, 2021 (IEEFA) — Wind surpassed coal as the primary power generation source last year for the Southwest Power Pool (SPP), an independent grid operator that provides electricity for a vast territory stretching from the Texas Panhandle to the Canadian border. An analysis by the Institute for Energy Economics and Financial Analysis (IEEFA) found […]
Press Release, Cathy Kunkel and Tom Sanzillo
Campaign promises of ‘low-cost, reliable and clean electricity’ must be kept
January 27, 2021 (IEEFA) — The devastation caused by Hurricane Maria in 2017 highlighted Puerto Rico’s “antiquated, expensive and fossil fuel-dependent” electricity grid, providing the Biden administration with an historic opportunity to transform a vital part of the island’s economy. The Institute for Energy Economics and Financial Analysis (IEEFA) recommends in a new policy brief […]
Tim Buckley
India risks Rs4 trillion new investment in yet more stranded fossil fuel assets
Federal Home Minister Amit Shah’s suggestion that India should invest 4 trillion rupees (US$55billion) in expanding new and existing coal mines, as well as high-risk, speculative, domestic ‘clean coal’ projects over the next decade to create a hoped for ‘second life’ is, in our view, entirely inconsistent with the country’s policy direction and ignores the […]
Johanna Bowyer
ESB reform direction updated to incorporate stakeholder feedback and state government renewables investment schemes
The national electricity market (NEM) is in a state of flux. According to the Australian government’s Energy Security Board (ESB), over 60% of existing thermal generating resources (mainly coal) in the NEM are likely to exit over the next two decades as Australia transitions towards renewable generation (mainly wind and solar) and storage. This transition […]
Tim Buckley
Technology disruption the likely theme of global energy markets in 2021
There has been a growing tsunami of climate commitment announcements combined with fossil fuel exclusion policies by globally significant financial institutions during December 2020, building on the pledges two months earlier by the leaders of China, Japan and South Korea committing to net zero emissions targets. On top of that, three leading corporate announcements show […]
Press Release, Suzanne Mattei and Tom Sanzillo
Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers
December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]
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 quicklyMarch 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 […]