Regulation

IEEFA Research

IEEFA Australia: ESB fails to deliver substantive progress on integration of distributed energy resources

IEEFA Australia: ESB fails to deliver substantive progress on integration of distributed energy resources

It's time to think big about small-scale DER

The Energy Security Board’s (ESB’s) final post-2025 market design advice to Energy Ministers has been very controversial. First there was the unnecessary proposal for a capacity payment paid by electricity consumers to power stations not just for the electricity they generate, but also for the size of capacity installed in the plant, irrespective of how […]

IEEFA Australia: Hit to power bills from coal bail-out plan

IEEFA Australia: Hit to power bills from coal bail-out plan

Energy Security Board’s unnecessary $2.9 - $6.9 billion payment for power station capacity will come at a high cost to consumers

20 August 2021 (IEEFA Australia): Households may soon face a new charge on their power bills – potentially double that from the carbon price – if Energy Ministers agree to a proposal for a new capacity payment to power companies, according to a new report prepared by the Institute for Energy Economics and Financial Analysis […]

IEEFA: Enforcing outdated Australian-only demand response standard not in consumers’ long term interest

IEEFA: Enforcing outdated Australian-only demand response standard not in consumers’ long term interest

Energy Ministers urged to rethink AS4755 standard against more beneficial, consumer-friendly international solutions

5 August 2021 (IEEFA Australia): Mandating a new Australian standard for pool pumps, air conditioners, electric storage water heaters and electric vehicle chargers will consign households to outdated technology, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Australia’s Energy Ministers have decided that various domestic appliances sold in the […]

IEEFA Australia: Reviewing access, pricing and incentive arrangements for distributed energy resources

IEEFA Australia: Reviewing access, pricing and incentive arrangements for distributed energy resources

Planning must begin for a zero-inertia zero-emissions electricity system

The Australian Energy Market Commission (AMEC) has sought assistance to make distributed energy resources an integrated part of the national electricity market (NEM) for the benefit of everyone. When the NEM operating on the east coast of Australia was designed, there was almost no rooftop solar or other small generation, demand response or storage in […]

IEEFA U.S.: Texas confronts decline in oil and gas industry

IEEFA U.S.: Texas confronts decline in oil and gas industry

Analysis of long-term trends indicates slower growth, fewer jobs and lower tax contributions

July 28, 2021 (IEEFA) ⎼ Texas policymakers, regulators and public opinion have long held that “what’s good for oil is good for Texas.” But Texas’s economy has become more broad-based and the oil and gas sector’s proportionate contribution has declined. State leaders face a new set of facts on the ground about the future of […]

IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia

IEEFA: A loss of excise tax revenue should not stall the uptake of electric vehicles in Australia

More pragmatic focus would be incentivising industry and modernizing the grid

8 June 2021 (IEEFA Australia): A new tax on EV users is unnecessary as the Australian (Commonwealth) government is well placed to deal with the potential revenue impact of the inevitable move to electric vehicles, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). Global automotive manufacturers have committed almost […]

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

IEEFA: Zero to 60% in 14 years – South Australia’s success in transitioning to renewables

Seven important lessons for energy planners around the globe in transitioning grids from fossil fuels to renewables

3 June 2021 (IEEFA Australia): South Australia offers vital lessons for other jurisdictions transitioning from a fossil fuel-based electricity grid to a low emissions, high renewables grid, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “The proportion of South Australia’s electricity demand met by large scale and small scale variable […]

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

IEEFA: Chinese regulators urged to tighten rules for carbon neutral bonds

Bond proceeds going to coal-dominated state-owned enterprises – ESG investors beware

1 June 2021 (IEEFA): China’s carbon neutral bonds fail to restrict the use of funds to green projects and are adding to the working capital of coal-dominated state-owned enterprises (SOEs), according to a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA) which calls for deeper reforms to green finance standards […]

IEEFA U.S.: FERC neglects energy needs in pipeline decisions

IEEFA urges reevaluation of federal guidelines for new construction

May 25, 2021 (IEEFA) — The Institute for Energy Economics and Financial Analysis is urging the Federal Energy Regulatory Commission (FERC) to reevaluate its pipeline certification guidelines. In their current form, commission guidelines allow it to rely solely on the existence of applicants’ business contracts to certify the necessity of constructing new interstate gas pipelines, […]

IEEFA: QCA increase of Dalrymple Bay Coal Terminal’s remediation provisions to $850m concerning

IEEFA: QCA increase of Dalrymple Bay Coal Terminal’s remediation provisions to $850m concerning

Regulator should step back before taxpayer foots the bill

9 May 2021 (IEEFA Australia): The Queensland Competition Authority’s (QCA) massive ‘overnight’ increase in Dalrymple Bay Coal Terminal’s remediation provision costs from $433 to $850 million highlights a very serious regulatory issue, finds a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). Author of the note IEEFA guest contributor Owen […]

More News and Commentary

Los Angeles speeds up net-zero transition plans by a decade to 2035

Utility Dive: The Los Angeles City Council voted Wednesday to transition to 100% clean energy by 2035, in line with President Biden’s national goals and a decade earlier than the city originally planned.  The LA100 plan would see the city replace its natural gas electricity generation with wind, solar and battery storage, while also improving […]

September 3, 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 →

Duke revises South Carolina plans to emphasize more natural gas

Utility Dive: Duke Energy is eyeing an early retirement of its coal-fired plants by the end of the decade, according to the revised integrated resource plans (IRP) filed with South Carolina regulators Friday for its subsidiaries, Duke Energy Progress and Duke Energy Carolinas. Duke’s revised IRPs also call for adding 3,000 MW of solar energy […]

September 3, 2021 Read More →

Interior plans to revise rules for wind, solar projects on federal lands

S&P Capital IQ ($): The U.S. Department of the Interior is looking to revise its regulations for permitting wind and solar energy projects on federal lands amid a push to eliminate carbon dioxide emissions from electricity production. Interior said the effort could be “crucial” to achieving the Biden administration’s goal to decarbonize the U.S. power […]

September 2, 2021 Read More →

Philippines has OK’d 928 renewable contracts, 30 gigawatts of capacity

Manila Standard: The Department of Energy awarded 928 renewable energy contracts with a combined capacity of 30 gigawatts (3,000 megawatts) as of May, an official said Wednesday. Energy Undersecretary Jesus Cristino Posadas said during The Global Hyperscaler Market Forum the DOE was aggressively pushing for the Philippines to become a haven of energy investment. “The […]

September 2, 2021 Read More →

FERC plans harder look at environmental impact of pipeline projects

S&P Capital IQ ($): Five more interstate natural gas transportation and storage projects will receive environmental impact statements from the Federal Energy Regulatory Commission, another sign the commission is turning toward the more extensive environmental reviews as it sorts out how to assess climate impacts. The unfolding approach could mean a longer review timeline for […]

September 1, 2021 Read More →

Australia carbon capture failures contributed to higher Q1 emissions

Renew Economy: A recovering economy, and failures at Australia’s only operational carbon capture and storage project, have seen Australia’s greenhouse gas emissions rise in the first three months of 2021, a new update to greenhouse gas emissions figures as shown. While most sectors of the Australian economy continue to record declines in emissions – primarily […]

September 1, 2021 Read More →

Rooftop solar could meet 77% of total grid demand in Australia by 2026

Renew Economy: Rooftop solar systems are going to have such an impact in coming years that they will meet up to 77 per cent of total grid demand on occasions within five years, sending minimum operating demand down to levels that had never been contemplated until recently. The Australian Energy Market Operator says the pace […]

August 31, 2021 Read More →

Colorado Springs shuts down one of last urban power plants in U.S.

Colorado Springs Gazette: Colorado Springs’ downtown power plant burned its last lumps of coal Friday, as crews prepare to tear down the long-standing towers that have filled the skyline with steam. Shuttering Martin Drake Power Plant, one of the last urban power plants in the country, will help cut the community’s carbon emissions and potentially […]

August 30, 2021 Read More →

Swiss Re signs world’s first long-term deal for direct air-capture

Bloomberg ($): Reinsurance giant Swiss Re announced Wednesday that it had signed the world’s first long-term agreement to take carbon directly out of the air. The contract with Climeworks AG, one of the world’s leading direct air-capture startups, will net the climate technology company $10 million over 10 years. Mischa Repmann, a senior environmental management […]

August 27, 2021 Read More →