Illinois

IEEFA Research

Cost of Coal From Mine-Mouth Prairie State Plant Isn’t the Bargain That Was Promised

Cost of Coal From Mine-Mouth Prairie State Plant Isnt the Bargain That Was Promised By Tom Sanzillo, Director of Finance, IEEFA

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2014 – Another Year of Unmet Promises for the Prairie State Energy Campus

2014 – Another Year of Unmet Promises for the Prairie State Energy Campus (pdf) By David Schlissel, Director of Resource Planning Analysis, Institute for Energy Economics and Financial Analysis

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Memo: Analysis of Paducah Power System’s Recent and Future Cost of Power from the Prairie State Energy Campus

Memo: Analysis of Paducah Power System’s Recent and Future Costs of Power from the Prairie State Energy Campus By David Schlissel, IEEFA Director of Resource Planning Analysis

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Report: No evidence of a turnaround at Prairie State

No Evidence of a Turnaround at Prairie State (pdf) By David Schlissel, Director of Resource Planning Analysis

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Report- Overpriced power: Why Batavia is paying so much for electricity

Overpriced power: Why Batavia is paying so much for electricity (pdf) Updated 3/11/2014

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Report- The Prairie State Coal Plant: The Reality vs. the Promise

Report- The Prairie State Coal Plant: The Reality vs. the Promise (pdf).

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More News and Commentary

IEEFA Report: Dakota Access Pipeline Driven by ‘High-Risk Financing’ in Overbuilt Region; Little-Known Economic Weaknesses in Controversial Project

Developer, Facing Likelihood of Missing Deadline, May Be Required to Renegotiate Contracts; Depressed Global Oil Prices Stand to Render New Capacity ‘Superfluous’

CLEVELAND, Nov. 16, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report noting weaknesses in the financing behind the Dakota Access Pipeline and questions  around the long-term usefulness of the project. The report—“The High-Risk Financing Behind the Dakota Access Pipeline: A Potential Stranded Asset in the Bakken Region of […]

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Army Corp of Engineers Calls for More Study on Dakota Access Pipeline

Rebecca Hersher for NPR: The U.S. Army Corps of Engineers said Monday that it needs more information before it can decide whether to allow the Dakota Access Pipeline to be built along its planned route. In a joint statement by the U.S. Army and Department of the Interior, the Corps announced it had finished a […]

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Exelon Pushes for Illinois State Subsidies for Its Coal and Nuclear Plants

Kari Lyderson for Midwest Energy News: Illinois legislators today introduced a long-awaited massive energy bill that would provide subsidies to keep nuclear plants and coal plants running and introduce a controversial demand charge, along with fixing the state’s Renewable Portfolio Standard, increasing energy efficiency investments and other measures. For more than a year, Exelon has […]

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Illinois Company Taps Former Coal Miners for Solar Jobs

Janis Esch for the (Carbondale) Southern Illinoisan: A solar energy company has announced a new project in Southern Illinois that will retrain former coal industry workers in renewable energy. Solar Alliance Energy Inc., based in San Diego, says it plans to build a 500 kW community solar generation and battery storage project in Southern Illinois […]

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IEEFA Update (Corrected): Wind in the Wires, and More on the Way

30 States Have Projects Under Construction or in Advanced Development

Wind power is a rapidly growing source of electricity in the U.S., doubling its share of generation in just five years, to 4.9 percent in 2015. The declining cost of wind power, along with cheap natural gas, has put tremendous financial pressure on both coal-fired and nuclear power plants, and is changing the mix of fuels […]

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Midwest Wind Transmission Investors Push Their Case in Court

Jennifer DeWitt for the Quad City (Davenport, Iowa) Times: After six years of working to get regulatory approval to build an electric transmission line from Iowa to Illinois, the fate of those plans now is in court. Rock Island Clean Line filed an appeal Wednesday nearly a month after the 3rd District Appellate Court reversed […]

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Push in Illinois to Impose a Severance Tax on Coal Companies

Kari Lydersen for Midwest Energy News: Tom Vaughn, a member of the Franklin County Board in southern Illinois and some other local leaders, budget analysts and industry watchdogs say it is the perfect time for Illinois to adopt a severance tax on coal mined in the state, so the industry does more to benefit communities […]

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Illinois AG Demands Peabody Show It Has $92 Million in Reclamation Funds

From the Associated Press: Illinois Attorney General Lisa Madigan has demanded that a financially shaky Peabody Energy prove it has the $92 million necessary to reclaim coalmines if it shuts down. Madigan sent a letter Monday to the St. Louis-based coal company asking it to produce details showing it has the bond amount available for […]

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Editorial: A Call to Invest in the Economic Transition of Coal-Mining Communities

From the Los Angeles Times: Though transitioning away from fossil fuels is absolutely necessary, it’s also vitally important to recognize the human and economic cost that such a change entails. That includes a significant number of jobs lost in northern Appalachia, Indiana and Illinois, and Wyoming, where the vast majority of the nation’s existing coal […]

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Illinois A.G. Weighs Action Against State Natural Resource Office for Slack Enforcement of Mine Oversight

The Associated Press via Midwest Energy News: Illinois Attorney General Lisa Madigan’s office is considering legal action against the state’s natural resources agency for what prosecutors call a failure to follow the terms of a court-brokered plan to toughen oversight of coal mines. The tougher regulations were part of broader reforms touted with much fanfare […]

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