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Press Release and Simon Nicholas
Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation
20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]
Press Release and Thu Vu
Great enthusiasm will be met by regulatory, financing and market challenges
19 January 2020 (IEEFA Vietnam): Liquified natural gas (LNG) suppliers and gas power developers looking at making Vietnam an essential LNG market should not expect to replicate the success of renewable energy seen recently in the country, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Author Thu Vu, Energy […]
Thu Vu and Press Release
Rào cản chính sách, nguồn vốn và thị trường sẽ thử thách các nhà đầu tư
Ngày 19 tháng 1 năm 2021 (IEEFA Vietnam): Trong thời gian vừa qua, Việt Nam đã nhanh chóng nổi lên là một trong những thị trường nhập khẩu khí thiên nhiên hóa lỏng (LNG) cho phát điện tiềm năng nhất ở châu Á. Tuy nhiên, không dễ để điện khí LNG tạo ra bước nhảy […]
Cathy Kunkel and Tom Sanzillo
Una central de ciclo combinado de 400 megavatios (MW) y 11 plantas de pico nuevas recibirán 850 millones de dólares de los fondos federales
En agosto de 2020 el Negociado de Energía de Puerto Rico aprobó un plan a largo plazo para el sistema eléctrico de la isla en el que se pedían mayores inversiones en energía renovable y almacenamiento. Dicha entidad había trabajado durante meses integrando análisis de varias partes interesadas y finalmente había rechazado nuevas iniciativas de […]
Cathy Kunkel and Tom Sanzillo
$850 million in federal funds targeted for 400-megawatt (MW) combined-cycle natural gas plant and 11 new peaker plants
In August 2020, the Puerto Rico Energy Bureau approved a long-term plan for the island’s electrical system that called for greater investments in renewable energy and storage. The bureau worked for months to integrate analysis from a variety of stakeholders and eventually rejected new natural gas initiatives because of their costs and logistical challenges. Yet […]
Thu Vu
9.3 gigawatts peak of solar capacity, equal to 6 coal power plants, installed in less than a year
Vietnam’s solar power industry has sprung another surprise. As of 31 December 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4GW) of rooftop solar capacity had been connected to the national power system, the state utility Electricity of Vietnam (EVN) has confirmed. There […]
Cathy Kunkel and Tom Sanzillo
El préstamo del Estado Libre Asociado de Puerto Rico plantea más preguntas sobre los ahorros derivados de la privatización del sistema de transmisión y distribución
La semana anterior a la Navidad, la Junta de Supervisión y Administración Financiera de Puerto Rico (JSAF) anunció cautelosamente un plan para que el Gobierno del estado libre asociado preste casi 1000 millones de dólares a su Autoridad de Energía Eléctrica (AEE) con el fin de facilitar la privatización del sistema de transmisión y distribución […]
Cathy Kunkel and Tom Sanzillo
Commonwealth loan raises more questions about savings from T&D privatization
The week before Christmas, the Financial Oversight and Management Board for Puerto Rico (FOMB) quietly announced a plan for the commonwealth’s government to loan almost $1 billion to its electrical power authority (PREPA) to facilitate the privatization of the island’s transmission and distribution system. This plan was presented in a poorly documented filing that reveals that […]
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 […]
Press Release, Karl Cates and Seth Feaster
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: Bangladesh’s power system overcapacity problem is getting worse
Overcapacity, along with increased reliance on expensive coal and LNG imports, threaten to increase the cost of power generation20 January 2021 (IEEFA Bangladesh): Overcapacity in Bangladesh’s power system has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA) today. Data from the Bangladesh Power Development Board’s (BPDB) latest annual report shows that overall power capacity utilisation in fiscal year […]