Wall Street Journal

20Nov

Can the Biden EPA Accept Reality?

As The Wall Street Journal recently put it, “the energy transition is getting a dose of reality.” In the U.S., offshore wind projects are evaporating, transmission lines remain extraordinarily difficult to build, the nation’s first planned small modular reactor project was just cancelled and dozens of renewable-power developers are trying to rewrite contracts to recoup […]
07Sep

Stumbling out of the Blocks

With the perilous state of the nation’s electricity supply increasingly in the spotlight, the Biden administration has attempted to justify its regulatory blitz on the coal and gas fleets by pointing to what it hopes will be a lightning-fast renewable energy buildout. According to the administration’s narrative, the Inflation Reduction Act (IRA) and its largess […]
23Aug

We’re Still Not Talking Enough About Power Demand

Electricity demand records are falling daily. In Texas, the state’s grid operator has reported 10 new all-time highs in demand this summer with another new peak expected this week. In the Southwest Power Pool, which runs the grid in parts of 15 states, power demand hit an all-time high on Monday. And the operator that […]
31May

The Senate Takes Measure of the Reliability Crisis

The Wall Street Journal asked in a recent editorial, “How many warnings does it take before the Biden Administration wakes up to the risks from its climate policies to the U.S. electric grid?” Here’s hoping it’s less than the number of licks it takes to get to the center of a tootsie pop—mathematicians at New […]
24May

The Biden Administration’s Arithmetic Problem

The Biden administration is building its entire energy agenda on a foundation of speed. Or as some members of the Biden energy team like to say, “deploy, deploy, deploy.” Their mandate is to build wind turbines, solar arrays, site transmission lines and reshore supply chains overnight while the U.S. (EPA) Environmental Protection Agency simultaneously tears […]
22Mar

Handcuffed to Natural Gas Volatility

Can U.S. natural gas be two maddeningly contradictory things at the same time? The answer appears to be a resounding yes. The nation’s supply of natural gas has become both the crutch of the U.S. energy system and also an energy affordability and reliability landmine. Once persistent fears of natural gas shortages were turned on […]
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 […]
22Dec

A Year in Review

The year is coming to a close, but before we look forward to 2023 it’s worth looking back on the stories and themes that shaped the energy conversation in 2022 and coal’s role in it. An ongoing global energy crisis continues to upend markets and trade flows. Coal – so often the recipient of premature […]
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 […]