electricity prices

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% […]
26Oct

Regulatory Intransigence

What changes over the course of four years? Not much if you compare President Biden’s Environmental Protection Agency (EPA) to its predecessor from the Obama era. Team Biden came into office determined to pick up right where the Obama EPA had left off, hellbent on using every tool available to dismantle the domestic coal fleet. […]
20Oct

Cold, Dark and Expensive

Surging energy prices are colliding with renewed grid reliability concerns this winter. While the price at the gas pump has garnered the lion’s share of attention over the past few months, the rising price of electricity and the surging price of natural gas are putting new wind in the sails of energy-driven inflation that reached […]
21Sep

Picking the Wrong Bridge

Dispatchable fuel diversity has long provided a shield to electricity consumers from fuel price spikes. But that optionality is eroding in much of the U.S. – or is already gone – as the coal fleet is pushed off the grid. Years of warnings about the potential pain to consumers should natural gas prices spike, and […]
14Sep

The Next Grid Crisis is in New England

New England recognizes it has a dangerous fuel security problem on its hands. And a telling factor in that crisis is what it doesn’t have: fuel diversity in the form of coal capacity. New England’s overreliance on natural gas, constrained gas delivery system, and inability to site and build alternatives is barreling towards a completely […]
31Aug

The U.S. Coal Solution for Europe

The European energy crisis continues to deepen, and European leaders are now scrambling to break the link between the cost of natural gas and the price of electricity. Natural gas prices are 12 times higher than at the start of 2021 and power prices have exploded in tandem. The cost to consumers is enormous and […]
24Aug

Europe’s Energy Crisis Underscores the Need for Fuel Diversity

The energy crisis in Europe keeps getting worse. Months of warnings are now becoming grim reality. European power prices are now equivalent to more than $1,000 per barrel of oil. The price of natural gas is 13 times its normal seasonal price. As winter draws nearer, so does the pain of crushing energy costs. Britain […]
27Jul

Surging Natural Gas Prices Underscore the Need for Fuel Diversity

Consumers are finally getting some relief at the gas pump but the prices for natural gas and electricity are now soaring. As the economy treads water, fighting off recession, a new variant of energy-driven inflation is knocking at the door. With the U.S. now the world’s largest LNG exporter, and the U.S. gas market increasingly […]
22Jun

Voters Want Action on Grid Reliability

Americans are deeply concerned about the reliability of the nation’s power grid and the affordability of their electricity supply. They’re so concerned, even frustrated, with warnings over the potential for rolling blackouts – or worse – they now want government action to fix the problem. According to national polling from Morning Consult, nearly 8 in […]