North American Electric Reliability Corporation (NERC) warns that two-thirds of North America could face electricity supply shortages this summer due to increased demand for cooling during high temperatures.
Fitch Ratings has revised its global metals and mining assumptions, resulting in reduced short-term prices for copper, aluminum, zinc, and thermal coal.
The U.S. Electricity Grid is Undeniably in Crisis. Cold Christmas weather resulted in grid failures and rolling blackouts across Tennessee and the Carolina’s.
Growth of America’s Shale Fields is Slowing. The Permian Basin shale field is pumping less oil per foot drilled in each new well.
The Heating Season Started Early in Germany. Everyone is waiting to see how bad the energy crisis gets in Europe.
Alexander Stahel epic tweet storm on European electricity. This is a masterclass on European electricity and the crisis at hand.
Wood is now Europe’s Largest Renewable Energy Source. Burning wood pellets is the largest source of renewable energy ahead of wind and solar.
UK to Freeze Energy Bills for Two Years. The unprecedented government intervention will cap what energy firms can charge consumers.
Inflation much worse than the 1970’s. Niall Ferguson outlines the comparison from the 1970’s and says it could be worse this time around.
EU Power Market Reform coming Sept. 14. Reduce overall power demand, price caps on non-gas generation, and subsidize consumers.