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Javier Blas

27Sep

A Transition to Deindustrialization?

The European energy crisis is not over. The fear of natural gas rationing may have abated but the costs of Europe’s energy policy missteps continue to reverberate. There has been so much energy demand destruction in Europe from high energy prices that European economies are barely keeping their heads above water. In fact, for some, […]
  • On September 27, 2023
  • Bloomberg, deindustrialization, economy, Europe, European Union, German Industry Federation, Germany, grid reliability, International Monetary Fund, Javier Blas, Russia, Siegfried Russwurm
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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
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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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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
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25May

Soaring Energy Prices are Swallowing Economic Recovery

Contrasting the painful immediacy of an oil price shock to that from electricity prices, Bloomberg columnist Javier Blas wrote, “akin to a rising tide, it is slow but relentless and then, surprise, you are overwhelmed.” Blas penned that description about the crushing electricity costs about to overwhelm Europe, but the metaphor neatly describes the electricity crisis […]
  • On May 25, 2022
  • Bloomberg, Department of Energy (DOE), electricity prices, energy transition, Europe, Javier Blas, North American Electric Reliability Corporation (NERC), United Kingdom
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02Mar

Reembrace American Energy Abundance

It has taken the rumble of Russian tanks to remind us of the importance of energy security. While economic sanctions have touched nearly every dimension of the Russian economy, Russia’s energy sector remains largely a bridge too far, a testament to the importance of Russian oil, gas, uranium and coal to global energy markets, and […]
  • On March 2, 2022
  • Argus, Belgium, Bloomberg, Europe, Germany, grid reliability, Javier Blas, Joe Biden, natural gas, Russia, State of the Union, the Netherlands
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Recent Javier Blas Posts
  • A Transition to Deindustrialization?
  • COAL TO The Rescue in Europe
  • Sailing into the Dark Doldrums
  • Global Coal Use is on the Rise  
  • Soaring Energy Prices are Swallowing Economic Recovery
  • Reembrace American Energy Abundance
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