Utility trends

IEEFA Research

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 Europa: Dalsze uzależnienie od węgla będzie kosztować polskich podatników 141 mld euro

IEEFA Europa: Dalsze uzależnienie od węgla będzie kosztować polskich podatników 141 mld euro

Odejście od węgla do 2030 r. daje Polsce szansę na podwojenie produkcji czystej energii

10 stycznia 2022 (IEEFA Europa) – Przywiązanie Polski do węgla słono kosztuje polskich podatników, jednak w rządzie wciąż nie widać woli, aby przestawić kraj na czyste źródła energii, czytamy w raporcie opublikowanym przez Instytut Ekonomii Energii i Analiz Finansowych (IEEFA). – Jeżeli Polska pożegna się z węglem do 2030 r., oszczędności z tego tytułu umożliwią […]

IEEFA: Australian government emissions projections show 44% of coal capacity will close by 2030

IEEFA: Australian government emissions projections show 44% of coal capacity will close by 2030

Government must acknowledge additional coal closures and prepare to support affected communities and workers

9 December (IEEFA Australia): The Australian Government’s Emissions Projections show that 5 gigawatts (GW) of coal-fired generation capacity will close earlier than indicated by the current official schedule published by the Australian Energy Market Operator (AEMO), according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). The projections from […]

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

IEEFA U.S.: Gas-fired power plant cancellations and delays signal investor anxiety, changing economics

Financial concerns are likely to affect other PJM gas projects still in the planning phase

November 18, 2021 (IEEFA) – A recent decision to cancel the 1,000-megawatt Beech Hollow combined gas plant in Pennsylvania is the latest warning for investors considering funding new gas-fired power plants in the PJM Interconnection (PJM) region. According to a briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA), the reason is […]

IEEFA Australia: Ahead on solar, woefully behind on distributed energy resource standards

IEEFA Australia: Ahead on solar, woefully behind on distributed energy resource standards

Making the right technical decisions about DER

Despite being ahead on rooftop solar installs, Australia is behind other jurisdictions (like Germany and California) in putting sensible governance arrangements in place for distributed energy resource (DER) technical standards. DER technical standards – covering smart devices including rooftop solar systems, air conditioners, electric vehicle (EV) chargers, pool pumps and the like – are designed […]

IEEFA U.S.: Municipal ratepayers face mounting costs from expensive American Municipal Power projects

Gap between costs from Prairie State, Combined Hydro Project and market prices continues to grow

September 9, 2021 (IEEFA)—Newly available data shows American Municipal Power’s (AMP) Prairie State and Combined Hydro Project have caused costs to continue climbing for municipal ratepayers, according to an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA).  Data covering January 2020 through July 2021 showed that Cleveland Public Power (CPP) and its […]

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 U.S.: Investors hesitate to fund San Juan Generating Station CCS retrofit

IEEFA U.S.: Investors hesitate to fund San Juan Generating Station CCS retrofit

Enchant Energy’s carbon capture project is significantly behind schedule as it struggles to secure investors

May 27, 2021 (IEEFA) – Enchant Energy and the City of Farmington have failed to convince potential investors that retrofitting New Mexico’s San Juan Generating Station for carbon capture is financially viable, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).  The project, which has yet to secure the funds […]

IEEFA: Consultants poised to make more than $1 billion from bankrupt Puerto Rico utility

IEEFA: Consultants poised to make more than $1 billion from bankrupt Puerto Rico utility

Huge consulting fees highlight systemic problems with reform of island utility

April 29, 2021 (IEEFA) ⎼ The transformation and financial restructuring of Puerto Rico’s bankrupt electric power authority have generated more than $440 million in consulting contracts during the last seven years and could cost island residents more than $1 billion before completion, according to a study released today by the Institute for Energy Economics and […]

IEEFA: Consultores listos para ganar más de $1,000 millones de la corporación de servicios públicos de Puerto Rico en bancarrota

Las enormes comisiones de consultoría ponen de relieve los problemas sistémicos con la reforma de la utilidad de la isla

29 de abril de 2021 (IEEFA) – La transformación y reestructuración financiera de la Autoridad de Energía Eléctrica de Puerto Rico en bancarrota ha generado más de $440 millones en contratos de consultoría durante los últimos siete años y podría costar a los residentes de la isla más de $1,000 millones antes de su finalización, […]

More News and Commentary

IEEFA India: Scaling up rooftop solar finance

IEEFA India: Scaling up rooftop solar finance

To realise rooftop solar's potential, funding for commercial and industrial sector installations needs to be as innovative as the technology

India has set a target of 40 gigawatts (GW) of rooftop solar by 2022. As of 30 June, 2021 India had 7.7GW of installed rooftop solar capacity. The commercial and industrial (C&I) sector accounts for about 75% of the total rooftop solar installations in India and accessible financing is a prerequisite to drive growth in […]

January 17, 2022 Read More →

U.S. greenlights 500-megawatt solar farm on public land in California

S&P Capital IQ ($): Intersect Power LLC can move ahead with its 500-MW Oberon Solar Project on federal land in Riverside County, Calif., after the Biden administration greenlighted the company’s right-of-way application. The project, located on roughly 2,700 acres managed by the U.S. Department of the Interior’s Bureau of Land Management, or BLM, includes a […]

January 14, 2022 Read More →

RWE finishes turbine commissioning at 860MW Triton Knoll wind farm

ReNews.biz: RWE has completed turbine commissioning at the 860MW Triton Knoll offshore wind farm in the UK North Sea. The project is located 33 kilometres off the coast of Lincolnshire and once fully operational it will be one of the world’s largest offshore wind farms, generating sufficient electricity to meet the needs of around 800,000 […]

January 14, 2022 Read More →

EIA: Coal plants to make up 85% of retired U.S. power capacity in 2022

Reuters: Coal-fired plants will account for about 85% of total U.S. power capacity scheduled for retirement this year with natural gas and renewables taking a greater share of the supply, the U.S. Energy Information Administration said on Tuesday. U.S. power plant operators were scheduled to retire about 12.6 gigawatt (GW) of coal-fired generating capacity in […]

January 13, 2022 Read More →

Wind power becomes main source of electricity generation in Spain

ReNews.biz: Last year wind power was the main source of electricity generation in Spain, the country’s wind association AEE has revealed.  The closing figures for 2021 found that wind technology has registered more than 23% of the total production in the country, the largest in the national generation mix. Furthermore, wind power is also the […]

January 13, 2022 Read More →

Largest U.S. wind farm close to completion in western Oklahoma

KGOU: The nation’s largest wind energy project located in western Oklahoma is nearing completion. The 999-Megawatt Traverse Wind Energy Center is expected to commence operation sometime in April. Sustainable energy company Invenergy secured financing for the project in March of last year — now it’s getting ready to flip the switch. The Traverse project is […]

January 13, 2022 Read More →
IEEFA U.S.: The coal boom that wasn’t
and

IEEFA U.S.: The coal boom that wasn’t

EIA data confirm long-term decline of fuel’s generation, market share

Preliminary 2021 data from the Energy Information Administration confirm what IEEFA said throughout the year: The long-term-trend in U.S. utility generation continues to move away from fossil fuels, particularly coal, and toward greater renewable energy use. Last year’s coal narrative used the historically low generation totals from 2020 to tout a supposed boom in demand. […]

EDF, DP Energy to develop 1 gigawatt of floating wind in Celtic Sea

Reuters: EDF Renewables UK has created a joint venture with project developer DP Energy to generate up to 1 gigawatt (GW) of wind power from floating turbines in the Celtic Sea, it said on Wednesday. The floating offshore wind project, ‘Gwynt Glas’, will likely span English and Welsh waters south of Ireland. The partners have […]

January 12, 2022 Read More →

Woodside Energy plans 500-megawatt solar farm in Western Australia

PV Tech: Australian LNG player Woodside Energy has tabled plans to build a utility-scale solar-storage project with a generation capacity of up to 500MW in Western Australia. The proposal, submitted to Western Australia’s Environmental Protection Authority, states Woodside’s intent to build the Woodside Solar Facility in the Maitland Strategic Industrial Area near Karratha in Pilbara, […]

January 12, 2022 Read More →

New Mexico high court upholds San Juan closure provisions

Associated Press: The state Supreme Court has upheld provisions of an environmental law that provides financial arrangements for an electric utility to abandon investments in a coal-fired power plant in northwestern New Mexico. In a unanimous opinion announced Monday, the court upheld a finance order from state utility regulators that helps end the use of […]

January 11, 2022 Read More →