Nuclear

IEEFA Research

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 […]

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

IEEFA Brief: U.K. Government at Risk in Over-Budget Nuclear Project That Stands Incomplete

A Sensible ‘Plan B’ for Hinkley Point C Project in Somerset Would Avoid Extending Public Loan Guarantees

Oct. 16, 2017 (IEEFA.org) — A research brief published today by the Institute for Energy Economics and Financial Analysis cautions the U.K. government against investing further in an unfinished nuclear project on the Bristol Channel in southwest England. The brief — “A Half-Built, High-Priced Nuclear White Elephant: How Should the U.K. Proceed With This Troubled […]

India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

India’s Plan to Build 12 New Nuclear Reactors Is Fraught With Risk

Projects at Kovvada and Mithi Virdi Are Not Economically or Financially Viable

We’ve just published a report that explores what we believe are unacceptably high risks and costs of the Indian government’s proposal to build 12 new nuclear reactors. Our study, “Bad Choice: The Risks, Costs and Viability of Proposed U.S. Nuclear Reactors in India,” finds the plan, which would put six reactors each at Kovvada and […]

Report: FirstEnergy Seeks a Subsidized Turnaround

Report: FirstEnergy Seeks a Subsidized Turnaround

FirstEnergy: A Major Utility Seeks a Subsidized Turnaround (pdf) By Tom Sanzillo, Director of Finance and Cathy Kunkel, Fellow Institute for Energy Economics and Financial Analysis

October 6, 2014 Read More →

More News and Commentary

IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits
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IEEFA Europe: Overcapacity and investment fever push costs to Spanish consumers, yet Enagás profits

Spain’s gas regulations benefit Enagás and burden consumers

September 15, 2021 (IEEFA) – Empresa Nacional de Gas (Enagás) has benefited from a “security and diversity of supply” strategy as an excuse to build or expand liquefied natural gas regasification terminals, natural gas pipelines and gas storage facilities. The resulting overcapacity has meant low utilization rates for gas infrastructure assets in Spain, as well […]

IEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las facturas de los consumidores españoles, pero Enagás se lucra
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IEEFA Europa: El exceso de capacidad y una fiebre por invertir suben las facturas de los consumidores españoles, pero Enagás se lucra

La regulación del gas en España beneficia a Enagás y perjudica a los consumidores

15 de septiembre de 2021 (IEEFA) – La Empresa Nacional de Gas (Enagás) se ha beneficiado de una estrategia de «seguridad y diversidad del suministro» como excusa para construir o ampliar plantas de regasificación de gas natural licuado, gasoductos de gas natural e instalaciones de almacenamiento de gas. Según un informe del Instituto de Economía […]

New Illinois clean energy legislation sets 2045 retirement date for Prairie State coal plant

Source ($): S&P Global Market Intelligence Illinois Gov. J.B. Pritzker signed into law sweeping energy legislation Sept. 15 that includes financial support for the state’s nuclear plants and provides incentives to transition the state to cleaner energy. The Illinois Senate voted 37-17 on Sept. 13 to approve an amended version of S.B. 2408, a massive […]

September 16, 2021 Read More →

Activist fund takes stake in RWE, calls for coal activity separation

Reuters: Activist fund ENKRAFT has taken a stake in RWE (RWEG.DE) and is calling for a separation of the company’s brown coal activities to remove the burden of a legacy business that has weighed on the value of shares in Germany’s largest power producer. ENKRAFT, which has a track record in investing in the renewable […]

September 10, 2021 Read More →

Illinois Legislature mulls Byron bailout, renewables-friendly measure

E&E News ($): A yearslong drama over the future of Illinois’ energy mix and climate policy may be entering the final act, if not the final scene. Chicago-based Exelon Corp. has set Monday as the day it pulls the plug on the Byron nuclear plant in northern Illinois — one of the nation’s largest — […]

September 7, 2021 Read More →

Colstrip operator Talen falls $4 billion into debt, bonds downgraded

Billings Gazette: Talen Energy, which operates Colstrip Power Plant, is $4 billion in debt and facing negotiations with creditors as its bonds are downgraded to a substantial fundamental credit risk. What the company’s financial troubles mean for its Colstrip future remains to be seen. As the majority of the owners in the southeast Montana power […]

September 3, 2021 Read More →

U.S. installed record amount of land-based wind capacity in 2020

Bloomberg ($): The U.S. installed a record amount of wind-generating capacity last year, adding nearly 17,000 megawatts of power on land, according to an Energy Department report being released Monday.  Wind energy’s share of total utility-scale generating capacity in the U.S. was only 11% in 2020, behind natural gas at 43% and nuclear and coal […]

August 31, 2021 Read More →

PacifiCorp plans closure of all Wyoming coal plants by 2039

Casper Star Tribune: Unlike Wyoming, PacifiCorp is turning away from fossil fuels. The parent company to Rocky Mountain Power, the state’s biggest electric utility, announced Friday that its biennial Integrated Resource Plan is expected to include substantial investment in renewables — and no new investment in coal or natural gas. The 2021 plan will be […]

August 30, 2021 Read More →

Electricity demand in first half of 2021 outpaced renewables growth

The Washington Post ($): Carbon dioxide emissions from the global electric power sector rebounded in the first half of 2021 to above pre-pandemic levels, according to an analysis, signaling that the world has failed to engineer a “green recovery” and shift decisively away from fossil fuels. As electricity demand jumped from last year’s lows, the […]

August 25, 2021 Read More →

Illinois solar installations drop as state incentives fall victim to standoff

Chicago Sun-Times: The number of home solar panel installations in Illinois has plummeted as state consumer incentives dried up amid a standoff in Springfield that’s seen lawmakers unable to agree on major energy legislation. After a state incentive program ran out of money late last year, just 313 small rooftop solar projects were completed statewide […]

August 24, 2021 Read More →