Wall Street Journal

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% […]
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 […]
06Jul

Coal Remains Globally Essential

Perhaps The Economist announcing an “end to coal” last year was just a bit premature. As The Wall Street Journal just reported, from Asia to Europe and the U.S., coal is once again having a moment. Energy shortages, rediscovery of the importance of energy security and energy-driven inflation are all driving a new, voracious appetite […]
11May

The Transition to Crisis

The grid reliability crisis continues to deepen and spread. Warnings about capacity shortfalls and blackouts are so frequent and ubiquitous they are as regular as a utility bill. Just this week, The Wall Street Journal found that, “from California to Texas to Indiana, electric-grid operators are warning that power-generating capacity is struggling to keep up with […]
20Apr

Price Spikes and Renewed Urgency to Maintain Fuel Optionality

On Monday, U.S. natural gas prices surged above $8 per million British thermal units, four times what they were before the pandemic, and a level not seen since 2008. With energy-driven inflation front-of-mind for voters and a deepening risk to the economy, the arrival of a painfully expensive new natural gas normal is only heightening […]
13Apr

The Consequence of Policy Conceived and Executed in a Vacuum

It would be difficult to find a country untouched by the global energy crisis. Here in the U.S. inflation has reached four-decade highs, driven in large part by skyrocketing energy prices. But some are managing it better than others, with the UK serving as a stark example of energy policy malpractice. The Brits have had […]
30Mar

Burying the Lede, and Responsible Energy Policy

A new study designed to show that a future in Texas without coal is within reach in fact shows just the opposite. Like other studies and models before it, renewable boosters have an interesting propensity to bury the lede. In this case, a study about Texas’ vast wind and solar potential in fact highlights one […]
16Mar

EPA is Determined to Accelerate the Electricity Affordability Crisis

The energy crisis emanating from Europe is a wakeup call for policymakers about the importance of energy security and the delicate balancing act required by the energy transition. Europe’s energy policy missteps are now proving an invaluable example of a path best avoided. Overreliance on Russian energy, lack of dispatchable fuel diversity and a rushed […]
23Feb

The Reliability Crisis Reaches a New Gear

A new consensus is building that electricity grid reliability problems are in fact very real and very serious. That may not be news to anyone who has been paying attention. There have been countless warnings that something is very wrong but, for years, many of the warnings and some of the loudest voices making them […]