Blog

25Jan

U.S. Coal is Backstopping European Energy Security

The worst fears of an out-of-control energy crisis in Europe this winter appear not to be coming to fruition, and coal power and U.S. imports have played a significant role in shoring up European energy supplies and getting our allies through the storm. Coal has been particularly important for Germany. Before Russia’s invasion of Ukraine, […]
18Jan

The U.S. Grid is Running on Empty

As we’re coming to learn, the bitter cold that forced rolling outages in parts of the Carolinas and Tennessee over Christmas also pushed neighboring grids right to the very edge. While the lights didn’t go out on the PJM, MISO and ERCOT grids, grid operators were at times left scrambling. And now, after-action reports are […]
11Jan

The Grid Crisis is a Certainty

The U.S. electricity grid is undeniably in crisis. As rolling blackouts over Christmas demonstrated, no corner of the country is immune. Regions that were supposed to be safe from power shortfalls found themselves unable to keep the lights on. Tens-of-millions of other ratepayers got the unexpected present of emergency alerts asking them to dial back […]
22Dec

A Year in Review

The year is coming to a close, but before we look forward to 2023 it’s worth looking back on the stories and themes that shaped the energy conversation in 2022 and coal’s role in it. An ongoing global energy crisis continues to upend markets and trade flows. Coal – so often the recipient of premature […]
14Dec

American Manufacturers Warn Against Coal Retirements

U.S. natural gas prices have tripled in a year, and promises of its abundance are now being replaced by growing concerns of scarcity as demand outpaces interstate pipeline capacity. Supply chokepoints and regional price premiums are emerging across the country and it’s a problem poised to get far worse as more essential coal generating capacity […]
07Dec

Sailing into the Dark Doldrums

Europe’s energy crisis is finally getting its first real test. Winter has arrived and despite full gas inventories and aggressive action to slash energy demand, there’s a palpable sense across the continent that the lights staying on will come down to the weather. As Bloomberg’s commodities columnist, Javier Blas, recently observed, “The problem is, energy […]
30Nov

The Grid Reliability Crisis Keeps Getting Worse

The nation’s electricity grid regulators at the North American Electric Reliability Corporation (NERC) must be exasperated. The reliability of the grid is rapidly eroding, driven to the edge by a mismanaged and haphazard energy transition, and they’re doing their best to urgently warn anyone who will listen that the nation desperately needs a policy reset […]
16Nov

A Vote for Realistic Energy Policy

Last week, we covered President Biden’s speech made in California in which he boasted that “we’re going to be shutting these (coal) plants down all across America.” The comment was remarkable in its apparent disregard for the loss of high-paying American jobs such a move would cause, the seeming indifference to the record electricity prices […]
07Nov

The President Doubles Down on Bad Policy

When President Biden boasted last week about closing coal plants all across the country, he meant it. The White House has already begun spinning and clarifying his remarks, but the President knew what he was saying because there’s a plan to do it. Even as electricity and natural gas bills soar – up a startling 16% […]
02Nov

Can the U.S. Learn from China?

For all the activist handwringing over domestic climate policy, for all the soup thrown on priceless works of art or the trepidation of European governments to turn back on a handful of coal plants in the face of an unprecedented energy crisis, the climate story is increasingly coming down to one country. China is piloting […]