Europe steeled itself for high natural gas prices, but now they are falling

Dec 16, 2022
The decrease isn't because Europe is building more pipelines. In fact, you can put much of it down to luck.
Neptune, one of several ships that will serve as a floating storage and regasification unit for Germany, will allow the country to import liquefied natural gas.
Danny Gohlke/AFP via Getty Images

Germany warned about the danger of becoming economically dependent on China

Dec 1, 2022
After its over-reliance on the Kremlin for its energy, is Germany making the same mistake with Beijing?
Chinese President Xi Jinping (R) welcomes German Chancellor Olaf Scholz at the Great Hall of the People in Beijing on November 4, 2022.
Photo by Kay Nietfeld/POOL/AFP via Getty Images

Coal makes a comeback as Europe tries to avoid an energy emergency

Oct 19, 2022
Analysts say the U.S. coal industry hasn't been able to fully capitalize on the surge in demand
The growing energy crisis in Europe means some countries are turning to coal to produce electricity. Above, coal-fired power plants in Germany.
Andreas Rentz/Getty Images

Hurricane Ian has many thinking about the resilience of the electric grid

Sep 28, 2022
There's no one-size-fits-all way to make the power infrastructure impervious to natural disasters.
One way to strengthen power grids against extreme weather is to put transmission lines underground. But that can be costly and may not help during storms with heavy rain.
Patrick T. Fallon/AFP via Getty Images

The EU wants Europeans to cut natural gas use 15% in case Russia limits supply

Jul 20, 2022
Several EU nations, including Germany, depend on Russian gas. The Nord Stream pipeline reopens Thursday, but supply is uncertain.
The Nord Stream 1 pipeline brings Russian natural gas to Western Europe. The European Union is asking member nations to conserve gas to prevent a potential energy crisis.
Edouard Merlo/AFP via Getty Images

Some African countries are benefiting from EU members' search for new energy sources

Jul 19, 2022
South Africa has seen a boom in coal exports. But critics say European countries shouldn't keep feeding their coal habit.
The European Union will stop importing Russian coal in August. Above, coal storage for the coal-fired power plant of the German energy supplier Steag in Duisburg, Germany.
Ina Fassbender/AFP via Getty Images

What does "broad-based" inflation look like down the road?

Jul 13, 2022
Energy, food and rent were big drivers of the 9.1% inflation reading. Where are those numbers headed?
Food prices were up 10% year over year, according to the Bureau of Labor Statistics.
Angela Weiss/AFP via Getty Images

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Coal's comeback threatens global goals for fighting climate change

Countries are turning back to less expensive but carbon-heavy coal because of rising energy costs and Russia's war in Ukraine.
With the war in Ukraine restricting Europe's access to Russian energy, Germany is among the nations seeking alternative fuels for generating electricity, including more coal.
Andreas Rentz/Getty Images

The current coal boom doesn't mean the industry will fire up production anytime soon

Jun 10, 2022
The price of coal has risen due to a surge in global demand. Still, signs point toward a continued decline for the U.S. coal sector.
David Byrd looks out over a large pile of coal in his backyard. He sells the pieces to customers for heating or to blacksmiths who need a higher quality than what power plants typically use.
Justin Hicks/Louisville Public Media

Coal prices are way up and long-term commitments from customers are hard to find

Jun 2, 2022
Traditionally, when coal prices spike, many plants switch to natural gas. But with natural gas prices at record highs too, some power providers are at a loss.
A bird flies by emissions from a coal plant in Ohio in 2019. Coal prices in central Appalachia have already more than doubled over the past year.
Stephanie Keith/Getty Images