Energy

Momentous Change in US Natural Gas with Global Impact as Exports Soar to Huge Record Despite Collapse in the Spring

by Wolf Richter • Mar 15, 2021 • 86 Comments

Biggest buyers: Mexico, South Korea, Japan, China, Spain, UK. Price spike in February, when Texas froze up, unwound. Asian LNG price spike in January is unwinding.

Electricity Sales to End Users Dropped Below 2008 Level: What it Says about the Pandemic Economy, Households, Commercial & Industrial Activity, and Public Transportation

by Wolf Richter • Mar 8, 2021 • 134 Comments

In 2020, by source, coal collapsed to record low, natural gas dominated, wind and solar surged, while hydro and nuclear remained roughly flat.

It Starts: The Cascading Financial Repercussions of the Texas Electricity Crisis

by Wolf Richter • Feb 22, 2021 • 140 Comments

Now hoping for “corrective action” and “credit intervention” by the State of Texas.

Who’s to Blame for the Texas Power Crisis?

by Leonard Hyman and Willian Tilles • Feb 18, 2021 • 334 Comments

What ERCOT planners got colossally wrong was the availability of their fossil fleet: Gas and coal plants failed. Even a nuclear reactor tripped offline.