electricity prices

29Sep

An International Reliability and Affordability Backstop

There’s a very good reason global coal demand is on track to set another record this year: when affordability and energy security matter most, the world leans on coal. That’s playing out right now in both India and thousands of miles away in Europe. In India, every coal plant in the country is now running […]
02Sep

The Age of Electricity Is Becoming the Age of Energy Backlash

International Energy Agency Director Fatih Birol has labeled the coming decades “the Age of Electricity.” Global electricity demand is growing at twice the rate of total energy demand. Whether it’s the emergence and rapid adoption of air conditioning, electric vehicles or data centers, surging electricity demand is upending both energy policy and politics.  As Politico’s Ben Storrow […]
29Jul

The Natural Gas Price Squeeze is Coming, Coal Offers a Critical Safety Valve

The decade of cheap domestic natural gas is coming to an abrupt end. So say analyses from Wood Mackenzie and Bloomberg New Energy Finance (BNEF), a conclusion that holds huge implications for our energy policy, consumers and the nation’s economic competitiveness. Wood Mackenzie forecasts Henry Hub natural gas prices, the domestic benchmark, will approach $5 […]
24Jun

Germany’s Coal Phase-Out Meets Energy Reality

Germany’s coal phase-out, or kohleausstieg, is colliding with energy reality. This August, the German government is expected to publish a review of the coal phase-out, including its impact on energy supply, security and prices. Once envisioned as a report that could justify accelerating the coal exit, Germany’s current energy situation may instead make the case […]
10Jun

A Cost-Effective Solution to an Energy Emergency

On June 4, the Trump administration announced $700 million in funding for 17 coal power plants and one export facility. The investment in the country’s energy infrastructure includes upgrades to 13 currently operating plants, the reopening of two recently closed plants and development of two new plants. In total, the administration’s coal-focused efforts have now […]
22Apr

Strengthening Energy Security: DPA Action Reinforces America’s Coal Advantage

This week, President Trump signed a Presidential Proclamation to employ the Defense Production Act (DPA) to secure coal supply chains and support affordable and reliable baseload power generation capacity. The order – part of a salvo of actions in response to the global energy crisis – will allow the administration to make purchases, commitments and […]
15Apr

PJM’s Power Crunch: Why Coal Is Critical to Closing a 60-Gigawatt Gap

As the data center boom advances, electricity grids across the country are scrambling to find new generation. While a growing number of data centers are turning to behind the meter solutions – proposing to generate their own power on site – regional grids are also facing a tsunami of new demand. Nowhere is that truer […]
01Apr

Today’s Gas Glut, Tomorrow’s Price Shock

Despite the U.S. emerging as the world’s largest oil producer and a net exporter, consumers are finding out record U.S. production is little buffer against a global oil shock. U.S. oil, gasoline and diesel prices are surging from the conflict in the Middle East. Surprisingly, domestic natural gas prices have not jumped. In fact, they’ve […]
11Mar

Another Global Pivot to Coal?

War in the Middle East is continuing to upend energy markets. With natural gas supply dramatically reduced with the closure of the Strait of Hormuz and natural gas prices soaring globally, the pivot to coal has begun. Buyers from Europe to Asia are scrambling for natural gas substitutes. Rising prices for thermal coal – still […]