Nuclear

IEEFA Research

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

Delays, mismanagement, overruns may leave Georgia Power ratepayers with enormous cost burden

January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online, according to a report by the Institute for Energy Economics and Financial […]

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

Coal exit by 2030 gives Poland an opportunity to double clean energy generation

10 Jan. 2022 (IEEFA Europe) – Poland’s dependence on coal is costing Polish taxpayers dearly, but the Polish government remains reluctant to shift to clean energy sources, according to a report by the Institute for Energy Economics and Financial Analysis. “If a coal phaseout is achieved by 2030, the resulting savings would enable Poland to […]

IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability

IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability

Renewables should be the focus of Indonesia’s net-zero pledge

2 June 2021 (IEEFA Indonesia):  In growing energy markets like Indonesia, decision makers are facing a barrage of pro-nuclear media coverage as the nuclear industry floods the market with panels and webinars focused on the potential of nuclear power. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) highlights that while […]

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 Australia: Nuclear is too expensive, takes too long to build, and is banned by law in Australia

IEEFA responds to government inquiry looking at nuclear energy in Australia

30 September 2019 (IEEFA Australia): As fossil fuels come under increasing pressure, the conversation on whether to install nuclear energy is heating up in Australia, with the New South Wales government today calling for a vote within three years. As the UK’s latest foray into building nuclear power plant’s only too well demonstrates, massive cost […]

and September 30, 2019 Read More →
IEEFA South Korea: Doosan Heavy – time for a forensic audit

IEEFA South Korea: Doosan Heavy – time for a forensic audit

Analysts find issues with financial accounting and outlook for growth potential

(IEEFA South Korea) – A new report finds the past five years have been dire for Korea’s Doosan Heavy Industries & Construction and its shareholders, with the company enjoying a market capitalization today of just USD $1.0 billion following a massive drop in share price of nearly 75%. Produced by the Institute for Energy Economics […]

IEEFA 한국: 두산중공업

부정적발감사(Forensic Audit)가 필요한 시점

2019년 9월 23일(IEEFA 한국): 새로 발간된 보고서에 따르면, 최근 5년은 두산중공업 주주들에게는 암담한 시간이었던 것으로 나타났다. 주가가 거의 75% 급락한 두산중공업의 현재 시가총액은 10억 달러에 불과하다. 에너지경제·재무분석연구소(IEEFA)에서 발간한 ‘두산중공업―부정적발감사가 필요한 시점’ 보고서는 조심스러운 문구로 작성된 두산중공업의 재무제표와 회사의 국내외 성장 잠재력을 분석하여 각각에 내재된 심각한 문제점을 지적하고 있다. IEEFA의 분석에 따르면, 두산중공업의 2018년도 감사필 재무제표에는 […]

IEEFA update:  Bailing out Ohio’s nuclear and coal plants unnecessary for supply or rate stability

IEEFA update: Bailing out Ohio’s nuclear and coal plants unnecessary for supply or rate stability

But $300 million annual charge would be bonanza for FirstEnergy Solutions

(IEEFA U.S.) – A bill before the Ohio General Assembly (HB 6), aimed at rescuing FirstEnergy Solutions’ economically uncompetitive aging nuclear and coal-fired power plants is misguided, according to a briefing note released by the Cleveland-based Institute for Energy Economics and Financial Analysis (IEEFA). The briefing note: Bailout Bill a Bonanza for FirstEnergy Solutions, may […]

More News and Commentary

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion
and

IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion

Delays, mismanagement, overruns may leave Georgia Power ratepayers with enormous cost burden

January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online, according to a report by the Institute for Energy Economics and Financial […]

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?
, and

IEEFA Europe: ČEZ Group lays out decarbonisation plan, but is it ready?

ČEZ finds itself playing catch-up after a decade of complacency

20 Jan. 2022 (IEEFA Europe) – After a decade of missed opportunities, ČEZ Group (ČEZ) finds itself playing catch-up on renewable energy, according to a report by the Institute for Energy Economics and Financial Analysis (IEEFA).  ČEZ, the largest energy group in Czechia and one of the largest energy groups in Central and Eastern Europe, […]

IEEFA Europe: Skupina ČEZ předkládá plán dekarbonizace, je ale připravena k jeho realizaci?
and

IEEFA Europe: Skupina ČEZ předkládá plán dekarbonizace, je ale připravena k jeho realizaci?

ČEZ po deseti letech nečinnosti dohání ztrátu

20. ledna 2022 (IEEFA Europe) – Skupina ČEZ musí podle zprávy Institutu pro energetickou ekonomiku a finanční analýzu (IEEFA) po deseti letech promarněných příležitostí dohánět výstavbu obnovitelných zdrojů energie. ČEZ, největší energetická skupina v ČR a jedna z největších ve střední a východní Evropě, oznámila v roce 2021 novou strategii k dekarbonizaci výroby elektřiny. Součástí plánu je výstavba obnovitelných zdrojů o výkonu 6 GW do […]

Berkshire Hathaway unit plans 2.1-gigawatt wind, solar project in Iowa

Renewables Now: US electricity and natural gas utility MidAmerican Energy Co, part of Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK.A), on Wednesday unveiled plans to deploy 2.1 GW of wind and solar power capacity in Iowa under a USD-3.9-billion (EUR 3.4bn) project. The company said on Wednesday it has submitted an application with the Iowa Utilities […]

January 20, 2022 Read More →

Shell estimates China to triple electricity generation to meet 2060 goal

Reuters: China may triple electricity generation to supply 60% of the country’s total energy under Beijing’s carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell (RDSa.L) said on Monday. Shell is one of the largest global investors in China’s energy sector, with business covering gas production, petrochemicals and a retail fuel network. […]

January 18, 2022 Read More →

Slovenia pledges end to coal-fired power by 2033

Bloomberg ($): Slovenia plans to quit burning coal in power stations by 2033, becoming the latest country to pledge to exit the dirtiest fossil fuel. The government said it will stop using coal for electricity by that year as part of a “fair transition” of its coal regions, according to documents released on Thursday. The […]

January 14, 2022 Read More →

Major investor group call for excluding gas in EU sustainable taxonomy

S&P Capital IQ ($): A group of institutional investors with €50 trillion in assets under management has called for natural gas to be excluded from the EU’s sustainable finance taxonomy, amid continuing discontent over the inclusion of gas and nuclear in the rulebook. The Institutional Investors Group on Climate Change, or IIGCC, said in a […]

January 13, 2022 Read More →

European Commission postpones deadline on gas, nuclear proposal

Reuters: The European Commission said on Monday it has delayed to later this month the deadline for experts to give feedback on divisive plans to allow some natural gas and nuclear energy projects to be labelled as sustainable investments. The Commission drafted a plan late last year to add some gas and nuclear investments to […]

January 11, 2022 Read More →
IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion
, and

IEEFA Europe: Coal dependence squeezes Polish taxpayers for €141 billion

Coal exit by 2030 gives Poland an opportunity to double clean energy generation

10 Jan. 2022 (IEEFA Europe) – Poland’s dependence on coal is costing Polish taxpayers dearly, but the Polish government remains reluctant to shift to clean energy sources, according to a report by the Institute for Energy Economics and Financial Analysis. “If a coal phaseout is achieved by 2030, the resulting savings would enable Poland to […]

Tesla unveils 100-megawatt Texas energy storage facility

Electrek: Tesla has unveiled its giant new Megapack battery project in Texas in a new Youtube video. It’s one of the biggest yet. Texas is having to rethink its electric grid after bad weather last winter put so much pressure on the grid that it pushed it to the brink of failure. The strain resulted […]

January 10, 2022 Read More →