Bloomberg

06Oct

Energy-Driven Inflation is Here

Europe’s energy crisis is threatening to jump across the Atlantic with affordable and reliable energy, the very foundation for economic recovery, hanging in the balance. Supply chain disruptions have already provided troubling inflationary pressure on the economy; now, rising energy prices threaten to push a tenuous situation over the edge. The world – especially Europe […]
22Sep

Europe’s Energy Crisis is all the Warning We Need

The past few weeks have seen Europe drift into an energy crisis of its own making – a perfect storm of bad policy. As wind generation has collapsed across Europe, overreliance on natural gas as a bridge fuel and backstop to renewable intermittency has come home to roost. Tight natural gas supplies, soaring prices and […]
01Sep

Reshaping the U.S. Electricity Mix by 2030 is Full of Potential Pitfalls – Just ask European Consumers

Proposing to upend the nation’s electricity mix and do it at warp speed is policy that at the very least deserves transparent discussion and requires extensive planning. Tucked into the reconciliation package is just such a proposal. The Clean Electricity Payment Program will throw vast sums at utilities to transform their generating fleets and do […]
18Aug

With Natural Gas Prices Soaring, Fuel Diversity Matters More than Ever

The era of cheap natural gas is officially over. According to Bloomberg, a decade of low natural gas prices – driven by surging production from the U.S., Australia and other nations – has finally been overtaken by demand from a recovering global economy. New supply, and the appetite of industry to provide it, isn’t keeping […]
14Jul

In a Transitioning Grid, Fuel Diversity Matters More than Ever

Grid reliability challenges this summer – from California and the Pacific Northwest to New York – are a clear signal we must better value the insurance provided by a balanced generation mix. But scorching heat aside, February’s catastrophe in Texas, that left 70% of the state without power, continues to sound some of the loudest […]
07Jul

A Global Coal Boom

The global energy transition is feeling far more like global energy addition. Fossil fuels are having quite the moment. The Biden administration is lobbying OPEC to pump more oil and provide relief at the gas pump. Global natural gas prices are soaring, and coal prices and coal demand have jumped to record levels. Energy and […]
19May

Here Come the Blackouts

We now know that the rolling blackouts that gripped California last summer weren’t an anomaly. They were, in fact, a preview of a reliability crisis that has grown to stretch across the Western grid. The Western Electricity Coordinating Council (WECC) is warning that the West simply doesn’t have enough power supply to meet a region-wide […]
13Jan

The Grids Are Not OK

Despite ongoing insistence that the fuel security, balance and reliability offered by coal can be easily replaced, mounting evidence points to just the opposite. In states and grids across the U.S., blackouts, near-misses and troubling warnings have become all too common. California suffered rolling blackouts this summer, Texas has stumbled from one near-miss and capacity […]
16Dec

Modelling the Impossible

“It’s technically possible,” is not the type of a response you want to hear from any expert. It’s the kind of response you get when something is brutally impossible but the person delivering the news wants to soften the blow. A new study from researchers at Princeton charting what’s needed to achieve net-zero U.S. emissions […]
10Nov

Stumbling Over Transmission

The cost of wind and solar power may be falling but building the transmission infrastructure to send power across the country – perhaps the key piece of the renewable puzzle – has only gotten more difficult and more expensive. A reality now playing out in both the U.S. and Europe. Germany’s attempt to pivot to […]