Energy Efficiency

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: What India can learn from Australia’s distributed energy transformation

IEEFA: What India can learn from Australia’s distributed energy transformation

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 […]

IEEFA U.S.: Wind surpassed coal as No. 1 fuel source in 2020 for Southwest Power Pool

IEEFA U.S.: Wind surpassed coal as No. 1 fuel source in 2020 for Southwest Power Pool

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 […]

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

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.: Virginia coal plant’s future isn’t bright: preparation for  transition should commence now

IEEFA U.S.: Virginia coal plant’s future isn’t bright: preparation for transition should commence now

Virginia City Hybrid Energy Center (VCHEC), one of the newest in U.S., risks closure due to market forces

December 16, 2020 (IEEFA)—Retiring the Virginia City Hybrid Energy Center (VCHEC) will bring unnecessarily abrupt economic hardship to Wise County if state and local officials do not begin to plan now for a transition, concludes a report published today by the Institute for Energy Economic and Financial Analysis. The 8-year-old coal-fired power plant, owned by […]

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

IEEFA Philippines: NPC-SPUG shift can drive savings to P13.5 billion per year

Shift from diesel to renewables can save electric coops P1.4-1.7 billion over next decade

3 December 2020 (IEEFA Philippines): The record-breaking disasters in the Philippines this year highlight the potential for renewable energy to power small island and isolated power grids and save the country up to P13.5 billion per year, and electric cooperatives an additional P1.4 to P1.7 billion over the next decade, finds a new report from […]

IEEFA report: Turkey turns to solar power to boost energy independence

IEEFA report: Turkey turns to solar power to boost energy independence

With additional incentives, payback periods for rooftop solar installations can be reduced to 7 years today and 2 years by 2030

December 19, 2019 (London/Istanbul IEEFA) – Turkey can build on a new support scheme for solar power by providing further incentives that would reduce payback periods to less than seven years now, and two years by 2030, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). Turkey has […]

IEEFA report: Bundling rooftop solar, storage and an electric vehicle becoming cheaper in Australia

IEEFA report: Bundling rooftop solar, storage and an electric vehicle becoming cheaper in Australia

By 2024, cheaper for Australian households to invest in solar, storage and an EV in combination, than in solar alone

A new IEEFA report suggests Australia is on the cusp of another solar revolution. Australia has one of the world’s – if not the world’s highest – uptake of rooftop solar. The country also has one of the world’s lowest developed country uptakes of electric vehicles, which can be charged from rooftop solar. In 2018, […]

and December 17, 2019 Read More →
IEEFA letter to Puerto Rico’s Legislative Assembly: Secure more viable PREPA debt deal

IEEFA letter to Puerto Rico’s Legislative Assembly: Secure more viable PREPA debt deal

Agreement is weighted down by legacy debt - unfairly burdens ratepayers

October 29, 2019 (IEEFA U.S.) – The Institute for Energy Economics and Financial Analysis (IEEFA) sent a letter to Puerto Rico’s Legislative Assembly on Tuesday, urging representatives to reject the proposed Restructuring Agreement (RSA) for electric utility PREPA and to pursue more affordable, sustainable and transparent options for financing and managing the Commonwealth’s electric system. […]

IEEFA a Legislatura de Puerto Rico: Aseguren un acuerdo de deuda de AEE más viable y seguro

El acuerdo se ve afectado por la deuda heredada, carga injustamente a los contribuyentes

29 de octubre de 2019 (IEEFA EE. UU.) – El Instituto de Economía Energética y Análisis Financiero (IEEFA) envió el martes una carta a la Asamblea Legislativa de Puerto Rico instando a los legisladores a rechazar el Acuerdo de Reestructuración (RSA por sus siglas en inglés) propuesto para la Autoridad de Energía Eléctrica (AEE) y […]

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IEEFA webinar: U.S. transition to renewables is likely to accelerate over next two to three years

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 […]

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 […]

IEEFA: What India can learn from Australia’s distributed energy transformation
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IEEFA: What India can learn from Australia’s distributed energy transformation

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 […]

IEEFA Australia: No amount of government subsidies can halt decline of gas

IEEFA Australia: No amount of government subsidies can halt decline of gas

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 […]

IEEFA U.S.: Wind surpassed coal as No. 1 fuel source in 2020 for Southwest Power Pool
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IEEFA U.S.: Wind surpassed coal as No. 1 fuel source in 2020 for Southwest Power Pool

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 […]

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IEEFA U.S.: Biden administration has historic opportunity to rebuild Puerto Rico electricity grid

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 […]

IEEFA India: The false promise of ‘second life’ coal

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 […]

January 19, 2021 Read More →
IEEFA Australia: Energy Security Board reforms need to be ambitious to secure a low emissions future

IEEFA Australia: Energy Security Board reforms need to be ambitious to secure a low emissions future

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 […]

January 13, 2021 Read More →

IEEFA Update: Coking coal’s decline likely to follow the path of thermal coal’s progressive demise

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 […]

December 22, 2020 Read More →
IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
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IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

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 […]