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 […]

On April 20, 2022
electricity prices, Environmental Protection Agency (EPA), fuel diversity, Holman Jenkins, National Mining Association (NMA), natural gas, Rich Nolan, The Washington Examiner, U.S. Energy Information Administration, Wall Street Journal

12Jan

The Loss of Dispatchable Fuel Diversity Reverberates in Europe

U.S. coal generation came roaring back last year, rebounding 17% from 2020 and grabbing market share from higher priced natural gas. The U.S. coal fleet is proving to be an invaluable price shock absorber amid energy-driven inflation here at home and coal is also an equally important missing price shock absorber in Europe. The U.S. […]

On January 12, 2022
electricity prices, energy transition, Europe, Holman Jenkins, natural gas, United Kingdom, Wall Street Journal