The Coal Trader

Winter storm Elliott blanket downtown Buffalo, New York

The U.S. Electricity Grid is Undeniably in Crisis

Winter storm Elliott blanketed much of the Eastern US with snow and caused temperatures to plummet from Dec. 23 through the morning of Dec. 25, 2022. The cold Christmas weather resulted in grid failures after Duke Energy and the Tennessee Valley Authority cut power to consumers, resulting in rolling blackouts across Tennessee and the Carolina’s.

“The baseload retirement crisis and the challenges of integrating intermittent power are placing deep strain on grids across the country. Regions that were once bulwarks of fuel security and reliability are themselves facing emergency operating conditions and are unable to provide excess power to neighboring states.” The US Environmental Protection Agency (EPA) is primarily to blame. Their suite of regulations are designed to force early retirements of coal fired power plants, leading to long term reliability issues as demand for power increases across the country. A phenomena which could be exacerbated by the rise of electric vehicles (EV’s).

You can read more about this winter storm and the impacts on the grid in the following articles linked here, here, and here.

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