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

GenOn to shut down three PJM coal-fired plants next year

E&E News ($): Coal-fired units at three power plants are poised to close over the next year in the largest U.S. electricity market, which is managed by PJM Interconnection LLC. The affected coal-fired generation totals about 2,421 megawatts of capacity, according to GenOn Holdings LLC, which made the announcement this week. The list includes Morgantown […]

June 11, 2021 Read More →

White House pushing for world lead in lithium-ion battery race

Canary Media:  The United States has already lost the solar power manufacturing race to China. Now the Biden administration wants to make sure that it doesn’t lose the lithium-ion battery race. That’s the focus of a new set of policies announced by the Department of Energy on Tuesday, aimed at regaining market share from China, […]

June 10, 2021 Read More →

Delays and costs rise again at troubled Vogtle Nuclear Plant

Wall Street Journal ($):  The only nuclear-power plant under construction in the U.S. is facing delays and additional costs. Again. Earlier this week, an engineering expert working for the Georgia Public Service Commission testified that the startup of the Alvin W. Vogtle Electric Generating Plant would likely be delayed until the summer of 2022 and […]

June 9, 2021 Read More →

Texas, top U.S. electricity producer, has $20B in renewables pipeline

Bloomberg ($): Four months after the failure of the Texas electric grid sparked a backlash against clean power, investors and developers have decided just what the state needs: more renewable energy. Much more. Texas is on pace to have as much green-power development in coming years as the next three states combined, according to the […]

June 9, 2021 Read More →

DTE retires last unit of River Rouge coal-fired plant

Power Magazine: DTE Energy has retired the last operating unit of its River Rouge coal-fired power plant along the Detroit River, a facility that came online in 1956 and entered commercial operation in 1958. The utility on June 4 said River Rouge, located just southwest of Detroit, Michigan, operated for the final time on May […]

June 7, 2021 Read More →

IEEFA: It’s time for the Biden administration to champion renewable energy in the Philippines, not nuclear or fossil gas

Fossil gas and nuclear investments risk locking in costly, outdated infrastructure for the long-term

The United States has spent the past four years pushing expensive, unreliable energy infrastructure in the Philippines, rather than promoting cheap renewable technologies better suited for the Philippines market and its clean energy goals. The former Trump administration’s “energy dominance” agenda aimed to stimulate Southeast Asian demand for US fossil gas and nuclear exports as […]

UK offshore wind could lead it to become net power exporter to Europe

Bloomberg ($): Britain could become a net exporter of electricity to Europe as soon as 2026, according to S&P Global Platts. The U.K. imports about 7% of its electricity from Europe now, but that’s set to reverse, in part due to new cables that will boost links with the continent. With Britain aiming to quadruple […]

June 4, 2021 Read More →
IEEFA: Nuclear power euphoria in Indonesia is all smoke and mirrors with no current technical, financial or market viability
and

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 […]

Illinois, Exelon hit impasse over subsidies to prevent nuke closures

National Public Radio: With two more days until the scheduled adjournment of the General Assembly’s spring legislative session, negotiations on a high-stakes deal to steer Illinois away from carbon-causing energy sources — as well as a host of other goals from ending controversial formula ratemaking and forcing ethics reforms as a utility-involved corruption investigation looms […]

June 1, 2021 Read More →

Massive Iceland offshore wind farm viewed as power option for UK

Offshore Engineer: Hecate Independent Power, a company chaired by  Sir Tony Baldry, a former minister in the UK Department of Energy under Margaret Thatcher, on Friday announced plans to build a massive offshore wind project off the coast of Iceland that would, via long subsea cables, power the UK. According to the developer, the project, […]

May 25, 2021 Read More →