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Bloomberg

16Mar

COAL TO The Rescue in Europe

The Wall Street Journal recently pointed out an uncomfortable truth for the keep-it-in-the-ground crowd: Germany avoided energy shortfalls over the past year by turning to coal. In fact, for the second year running, coal use in Germany has grown. Coal now provides a full third of the nation’s power as use of natural gas has […]
  • On March 16, 2023
  • Bloomberg, Environmental Protection Agency (EPA), Europe, Germany, International Energy Agency (IEA), Javier Blas, Martin Brudermuller, Wall Street Journal
  • Read More
08Mar

The Great Coal Disconnect

British consumers should be furious. Energy bills have all but wrecked the economy and delivered searing pain for households. Britain’s rush to slash its use of coal – that as of a decade ago met 40% of the nation’s power – left the nation extraordinarily exposed to the natural gas price spikes that came with […]
  • On March 8, 2023
  • Bloomberg, China, electricity prices, India, Indian Institute of Technology, Rohit Chandra, The Washington Post, United Kingdom
  • Read More
01Feb

New Study Underscores Threat to the Nation’s Grid Reliability

The latest iteration of a headline-grabbing study, “The Coal Cost Crossover” – which claims the entirety of the existing coal fleet is less economic than new renewable projects – is exactly the type of academic clickbait driving the nation’s reckless approach to the energy transition. Like previous versions, this iteration of the report once again […]
  • On February 1, 2023
  • "The Coal Cost Crossover", Bloomberg, California, Cheryl LaFleur, electricity prices, employment, Energy Futures Initiative, Ernie Moniz, Federal Energy Regulatory Commission (FERC), grid reliability, John Moura, New England, North America's Building Trades Unions, North American Electric Reliability Corporation (NERC), permitting, renewable energy, Sean McGarvey, Sierra Club, The Boston Globe, The New York Times, U.S Bureau of Labor Statistics, United Kingdom, Vermont, West Virginia University Bureau for Business and Economic Research
  • Read More
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, […]
  • On January 25, 2023
  • Alexander Bethe, Bloomberg, coal exports, Europe, German coal importers association, Germany, Guillaume Perret, Russia, U.S. Energy Information Administration
  • Read More
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 […]
  • On December 7, 2022
  • Bloomberg, Europe, Germany, Javier Blas, renewable energy, United Kingdom, wind
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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 […]
  • On November 30, 2022
  • Bloomberg, Environmental Protection Agency (EPA), Federal Energy Regulatory Commission (FERC), grid reliability, Jim Matheson, Jim Robb, John Moura, Mark Christie, National Rural Electric Cooperative Association, North American Electric Reliability Corporation (NERC), polling, Public Utilities Fortnightly
  • Read More
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 […]
  • On November 16, 2022
  • Bloomberg, electricity prices, Europe, Joe Biden, polling, United Kingdom
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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% […]
  • On November 7, 2022
  • Associated Electric Cooperative Inc., Bloomberg, Curt Morgan, David Tudor, electricity prices, Environmental Protection Agency (EPA), Federal Energy Regulatory Commission (FERC), grid reliability, James Danly, Jim Robb, Joe Biden, Joe Manchin, National Mining Association (NMA), North American Electric Reliability Corporation (NERC), Politico, Public Utilities Fortnightly, Rich Nolan, S&P Global, Vistra Corp., Wall Street Journal
  • Read More
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 […]
  • On November 2, 2022
  • Bloomberg, China, Environmental Protection Agency (EPA), Rhodium Group
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10Aug

Global Coal Use is on the Rise  

While domestic energy policy continues to dominate headlines, it’s important policymakers don’t lose perspective on global energy reality. For all the talk of energy transition, the global story is one of energy addition where renewable sources of power are largely being added in addition to existing infrastructure and fuels. The world can’t pump enough oil, […]
  • On August 10, 2022
  • Bloomberg, China, energy addition, energy transition, Europe, Germany, International Energy Agency (IEA), Javier Blas, Russia, The Washington Post, Ukraine, Vladimir Putin
  • Read More
Page 1 of 41234
Recent Bloomberg Posts
  • COAL TO The Rescue in Europe
  • The Great Coal Disconnect
  • New Study Underscores Threat to the Nation’s Grid Reliability
  • U.S. Coal is Backstopping European Energy Security
  • Sailing into the Dark Doldrums
  • The Grid Reliability Crisis Keeps Getting Worse
  • A Vote for Realistic Energy Policy
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