Report: ‘The Economic Case for Building New Coal and Gas Capacity Is Crumbling’
Bloomberg News: The economics of generating electricity from fossil fuels are deteriorating rapidly as renewable energy technology plunges in costs. That’s the conclusion of a Bloomberg New Energy...
View ArticleAcknowledging Lack of Competitiveness, FirstEnergy Says It Will Close Nuclear...
Power Magazine: FirstEnergy Corp. will close three uneconomic nuclear units—a total of 4 GW—in Ohio and Pennsylvania between 2020 and 2021, the company’s competitive arm notified PJM Interconnection on...
View ArticleWind and Solar Surpass U.K. Nuclear for the First Time
The Guardian: Windfarms and solar panels produced more electricity than the UK’s eight nuclear power stations for the first time at the end of last year, official figures show. Britain’s greenhouse gas...
View ArticleArizona Utilities Turn to Ballot Box in Pushback Against Solar Industry
InsideClimate News: Voters in Arizona are in for a messy battle over renewable energy this fall, as climate advocates and Republican lawmakers advance two competing ballot initiatives that are nearly...
View ArticleGrid Operator to U.S. Energy Department: ‘There Is No Emergency’
Cleveland Plain Dealer: Power grid manager PJM Interconnection on Friday urged the U.S. Department of Energy not to take extraordinary action ordering subsidies to keep uncompetitive coal and nuclear...
View ArticleBankruptcy of FirstEnergy’s Power-Generation Fleet Will Test Trump’s Promises...
Wall Street Journal: The Trump administration’s commitment to coal is under its stiffest test yet after an Ohio energy company made a plea to favor that power source over its many rivals, including oil...
View ArticleEmerging Economies ‘Catching Up’ in Global Renewables Race
Financial Times: Emerging market countries are lagging behind the developed world in rolling out renewable energy, despite their generally sunnier climes lending themselves to potentially cheap and...
View ArticleJapan, Post-Fukushima, Has More Renewable-Energy Potential Than It Knows
The National (Abu Dhabi): A group advised by former prime minister Junichiro Koizumi is pushing for a bill calling for an “immediate halt” to Japan’s nuclear power sector to prevent a recurrence of the...
View ArticleClock Is Ticking on Westmoreland Coal
Billings Gazette: Westmoreland Coal Co. stock fell to 26 cents a share Tuesday after the company with three Montana mines indicated it would consider bankruptcy. The Colorado company, which feeds the...
View ArticleIEEFA Update: A Renewable Energy Revolution in Uruguay for All the World to See
The latest monthly electricity data out of Uruguay shows wind and solar generation continuing to grow, reaching 44 percent of total generation in January, a new record that surpasses a 42 percent...
View ArticleIn Shift to Renewables, Alberta Sees 7,000 Jobs and $10 Billion in Private...
Edmonton Journal: The province is taking more bids from companies interested in producing renewable electricity as part of a plan to shift 30 per cent of Alberta’s grid to green sources by 2030. The...
View ArticleIEEFA Update: Tamil Nadu Is on a Renewables Roll
It’s been a few weeks since IEEFA’s publication of our case study of Tamil Nadu, India’s leading state in terms of renewable energy capacity, and developments demand an update already. Wind and solar...
View ArticleU.S. Utility CEO’s See a ‘Disaggregated’ Industry Ahead
S&P Global Market Intelligence: Electric utility executives are hedging for an uncertain future by carefully embracing potentially disruptive technologies and novel regulatory structures. “What we...
View ArticleU.K. Utility Company Weighs Ending Coal-Fired Generation Ahead of Schedule
Reuters: British power generator Drax could end production at its coal plants ahead of a government imposed deadline of 2025, the company’s CEO said on Monday. * “We’re exploring options for repowering...
View ArticleFirstEnergy Is Losing Friends as It Campaigns for a Federal Bailout
Wall Street Journal: FirstEnergy Corp. is waging a lonely fight as it seeks to persuade the Trump administration to bail out its struggling coal and nuclear-power plants through an unprecedented...
View ArticleIEEFA Update: Push to Keep Navajo Generating Station Alive in Deal With...
April 11, 2018 (IEEFA) — The Institute for Energy Economics and Financial Analysis published a research brief today that finds the financial outlook for coal-fired Navajo Generating Station is bleaker...
View ArticleCoal CEO Who Wants to Buy First Energy’s Dying Plants Wants Subsidies Too
WKSU (Kent State): The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions’ coal-fired power plants from shutting down. Murray Energy CEO Robert Murray tells...
View ArticleIEEFA Update: Why Investors Are Watching the Navajo Generating Station Story...
Word last week that two potential buyers are interested in the failing Navajo Generating Station (NGS) in Arizona turned heads regionally and nationally — perhaps even globally. The fate of NGS, as the...
View ArticleIEEFA Update: The U.S. Energy Information Administration Continues to Miss...
The Energy Information Administration, the federal agency responsible for national energy data compilation and analysis, has been historically out of sync on its U.S. coal-industry projections and...
View ArticleIEEFA Update: Solar Continues to Lead India’s Electricity-Generation Transition
India installed a record 10 gigawatts (GW) of solar electricity capacity in fiscal year 2017-2018, twice the rate logged in the previous year, and nearly double the country’s entire solar base. The...
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