Xcel, Hewing to ‘Steel for Fuel’ Strategy, Presses Ahead With Wind Farms in...
Utility Dive: The Texas Public Utilities Commission voted to approve two wind farm projects from Xcel Energy’s Southwestern Public Service — a 478 MW project in Hale County, Texas and a 522 MW wind...
View ArticleIgnoring Washington, corporate America continues to expand its renewable...
New York Times: Dozens of Fortune 500 companies, from tech giants like Apple and Google to Walmart and General Motors, are voluntarily investing billions of dollars in new wind and solar projects to...
View ArticleNew solar plants equipped with electricity-storage capacity are proliferating...
S&P Global Market Intelligence ($): The solar energy industry has achieved its long-time quest to become cost-competitive with conventional power across wide swaths of the United States. Now it is...
View ArticleIEEFA op-ed: Losses make Indonesian electric company a high-risk bet
In early May, one of Japan’s major insurers, Dai-ichi Life, became the first Japanese financial institution to restrict lending to coal-fired power plants. This news came only days after Allianz,...
View ArticleIEEFA op-ed: Japan remains mostly stuck in the energy policy past
When G7 countries gather in Canada this week, it’s not unreasonable to expect that common ground will be hard to find in many policy areas. When it comes to energy policy, President Donald Trump’s...
View ArticleUtilities stick to plant closure plans despite Trump bailout order
Reuters: Several major U.S. operators of nuclear reactors and coal plants said they had not changed plans to close plants in coming years, even after the White House said it would take emergency steps...
View ArticleIEEFA update: Heartland U.S. utilities continue to move away from coal
The Trump administration’s proposal to invoke the wartime Defense Production Act as a back-door way to keep failing coal-fired electricity plants is little more than a sideshow to the real action...
View ArticleIEEFA update: The American wind-energy horse is out of the barn
Almost a decade has gone by now since U.S. wind-turbine power purchase agreements were priced at $70 per megawatt-hour. Technology advances and efficiency gains have since driven a seemingly relentless...
View ArticleRatings downgrade as U.S. coal company Bowie Resource Partners faces...
S&P Global Market Intelligence ($): Bowie Resource Partners LLC could face a liquidity shortfall in the next year if it fails to extend its revolving credit facility, S&P Global Ratings said in...
View ArticleGlobal investment in wind and solar doubles that in gas, nuclear, and coal
Wall Street Journal: Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by falling costs of producing wind and solar...
View ArticleReport: U.S. solar industry will weather Trump policies
PV Tech: The U.S. solar sector is set to exceed expectations for deployment in 2018, according to the latest quarterly figures from GTM Research. The addition of 2.5GW in Q1 2018 marks a 13% year on...
View Article‘Fastest-growing solar market in the U.S.,’ Texas signs $100 million deal...
Texas Public Radio: A deal announced Monday could mean a $100 million towards solar projects in Texas. Austin-based solar power company PowerFin Partners will develop and build the projects and...
View ArticleTrump bailouts: Higher electricity costs ‘without any corresponding...
New York Times: When Mr. Trump came into office, he vowed to revive America’s coal mining industry by rolling back Obama-era environmental regulations. But coal keeps getting edged out by cheaper and...
View ArticleIEEFA report: Poland’s biggest utility is risking financial instability by...
June 13, 2018 (IEEFA) – New air pollution regulations coupled with rising carbon prices put Poland’s biggest utility, PGE, at serious risk of financial disarray if it continues to pursue a coal-heavy...
View ArticleCharts of the Day: A reversal of historical fortune for coal-fired electricity
Associated Press: Coal’s share of the world’s electricity mix was about 38 percent in 1997, and in 2017 it was about … 38 percent. Fossil fuels overall have actually increased their share, from 63...
View ArticleIEEFA update: Pushback from the big boys against U.S. coal bailout campaign
The Trump administration’s scheme to subsidize the coal industry has nothing to do with grid resiliency or energy security—the White House is simply picking a favorite in the heated battle for market...
View ArticleIEEFA Update: Unmistakable Trends in American Wind and Solar
The uptake of renewable energy across the U.S. is occurring now at a speed that almost defies description. At the end of 2007, some 16.7 gigawatts (GW) of wind-generation capacity had been installed;...
View ArticleS&P: China market reforms will benefit cleaner energy at the expense of coal
S&P Global Ratings: China’s latest push to accelerate market-based electricity trading should boost the consumption of clean energy. Coal-fired power could face further market-share losses,...
View ArticleUnable to compete with wind, Iowa nuclear plant will close five years ahead...
Utility Dive: NextEra Energy will close its 601 MW Duane Arnold nuclear plant in Iowa in late 2020 after reaching an agreement with utility Alliant to end its power purchase agreement (PPA) with the...
View ArticleIEEFA update: The hurdles to an economically viable Navajo Generating Station...
Word is that a deal is still in the works to keep the coal-fired Navajo Generating Station open past 2019. It’s not an impossible task, but it would come at a high cost and it would require the owners...
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