IEEFA North America
@ieefa-northamerica
Global think tank working to accelerate the energy transition through economic and financial analyses.
Our next By the Numbers newsletter, releasing Thursday the 6th, examines the transformation of electricity generation in U.S. border states—and what it could mean for Mexico. Subscribe to receive it in your inbox: buff.ly/qEJphyJ
Energy transition opponents have consistently criticized renewables for being non-dispatchable. Battery storage, especially grid-scale installations, changes that, and does so cost-effectively. More on why the solution to growing energy demand is not gas: buff.ly/Krs1XvY
For 25 years, fossil fuels have dominated Mexico's electricity generation. But solar, wind and battery storage could accelerate a major shift. Our next By the Numbers, out on the 6th, explores what's driving the transition. Sign up here: buff.ly/bw5lhbT
Even @DominionEnergy, a pro-gas utility, sees the value in renewables, as they are building the largest offshore wind facility in the U.S. and have acknowledged that the plant will save Virginia consumers millions a year in avoided gas fuel costs. More: buff.ly/Krs1XvY
Lengthy construction time frames for gas-fired capacity could lead to additional consumer costs due to continued supply chain tightness and competition for scarce, trained labor. Meanwhile, the hardware for renewables is readily available. Learn more: buff.ly/MhSjUQN
As one of the most efficient combined cycle gas plants in the U.S., the impact of price volatility on Dominion Energy's Greensville plant understates the potential impact on less efficient plants. Analysis of price increases at Greensville in this report: buff.ly/MhSjUQN
Episodic price spikes, whether weather-related like from Winter Storm Fern or driven by international events like the Iran conflict, can push higher costs onto consumers, even if they are short-lived. This is especially true for natural gas. Learn more: buff.ly/MhSjUQN
As Middle East tensions continue to fluctuate, Canada's LNG sector faces a new and riskier market landscape. New export projects may open at a time of weak demand, overabundant supply, low prices—and weak returns for investors. Register for our webinar: buff.ly/KsZ7GB5
A massive wave of new LNG projects is coming online over the next 5 years. We find that his flood of new export projects could bring prices low enough to transform healthy profits into steep losses for LNG exporters and traders. Our latest insights: buff.ly/UJAwBhb
Volatile prices, unreliable supplies, and market crises have suppressed Asia's appetite for LNG. Meanwhile, global LNG supply is poised to grow faster than ever. This means Canada's LNG industry faces a new and riskier market landscape. Upcoming webinar: buff.ly/9IlW7HD
The success and soaring growth of two- to four-hour lithium-ion batteries over the past five years have created an opening for longer-duration storage solutions that can store up to four days of power. Learn more in our latest North America newsletter: buff.ly/9YNd4Gj
A key problem with CO2 storage project risk assessment is that it requires predicting future risk for over 25 to 50 years during the injection period and then for hundreds of years post-injection. Longer timeframes and lack of data increase uncertainty. buff.ly/lT31XXq
Higher than anticipated potential for leakage from offshore carbon storage reservoirs calls into question the logic of CCS as a climate solution and presents a risk of long-term liability. Learn more in our new report: buff.ly/lT31XXq
Fermi's plan to use a unique and unlicensed cooling system for its proposed nuclear reactors in TX raises the real possibility that the cycle of cost overruns and construction delays that has plagued the U.S. nuclear industry for decades will continue. buff.ly/RXU9LJj
Fermi America, a year-old startup with no completed power projects, wants to build a massive generation facility to supply demand from new data centers. Fermi plans to use a unique and unlicensed cooling system for its planned nuclear reactors. New: buff.ly/RXU9LJj
Instead of placing a severance tax on natural gas production like most oil and gas-producing states, Pennsylvania levies an impact fee. The Impact Fees are 0.3% of state tax revenues—a pittance of what other states collect from oil and gas producers. buff.ly/PiRfUfr
You've seen the labels on your clothing, yet do you know where these synthetic fibres come from and what harm they cause? Most of it is fossil-fuel-based with severe environmental impacts from production to disposal. @breakfreefromplastic.org Learn more: buff.ly/yOmSCWp
From 2014 to 2024, across the 22 industries that collectively represent direct employment for oil and gas, coal, and petrochemicals in Pennsylvania, employment dropped 34%. Meanwhile, the state's employment numbers climbed 7%. Learn more: buff.ly/PiRfUfr
Pennsylvania’s fossil fuel sector is shedding jobs, despite production gains from fracking. This initially boosted employment, but these jobs were cyclical and only sustainable short term. The promised lasting economic value creation has proven fleeting. buff.ly/PiRfUfr
Many aging U.S. coal plants have generated power only rarely, but they continue to incur expenses for maintenance and repair, fuel storage, pollution-control, and more involved with complying with the federal emergency orders to keep them open. Insights: buff.ly/m6SMVjG
Shell's repeated violations of environmental requirements at its petrochemical plant in Pennsylvania highlight the need to assess projects' risks and the compliance records of those who seek public incentives for petrochemical projects. New report: buff.ly/x3zeylY
Despite promises from state authorities and fossil fuel companies, our research finds that the refining and petrochemical-related industrial sector in Pennsylvania has shed jobs—not generated them. Learn more in our latest report: buff.ly/x3zeylY
A utility's retirement of a power plant is an economic decision driven by long-term planning processes designed to save the company and ratepayers money. But @ENERGY's emergency orders to keep aging coal plants open have upended that long-term planning. buff.ly/m6SMVjG
Pennsylvania's petrochemical renaissance has not fulfilled its promises—the scale of public attention, subsidies, and economic development efforts directed toward the sector is not commensurate with its actual contribution to the state’s economy. Report: buff.ly/x3zeylY
Pennsylvania invested substantial government funding and tax credits into an international corporation's petrochemical project—the Shell Polymers Monaca plant—in an attempt to help launch a “petrochemical renaissance” in the state. It didn't work. New: buff.ly/x3zeylY
The extra costs to keep aging U.S. coal plants from retiring under federal emergency orders are rising by more than $30 million per month, and could soar much higher if extensive repairs are made at some units. Our latest insights: buff.ly/m6SMVjG
The growth of two-to four-hour lithium-ion batteries over the past five years has created an opening for longer-duration storage that can store up to four days of power. The U.S. has no fast-response, long-duration storage, but the outlook is positive. buff.ly/Vpr6N5X
California’s long history of supporting renewable energy to wean its grid from fossil fuels is paying off. The continued growth of utility-scale solar in CA's system has underpinned the growth of battery storage resources, contributing to gas' decline. buff.ly/0JuGfx0
The success of short-duration storage has piqued interest in longer-duration options that can address other issues, such as replacing expensive, polluting gas peaker plants and providing power during periods when weather limits renewable production. New: buff.ly/Vpr6N5X
The amount of gas used for power generation in California has fallen to its lowest level in at least 25 years. Learn more in the latest edition of our By the Numbers newsletter, out now! Read it here: buff.ly/0JuGfx0