Exacerbated Risk of Electricity Shortages in U.S.

May 9, 2022

The U.S. is currently undergoing a transition from traditional natural gas- and coal-fired power plants and aging nuclear power plants that are scheduled to retire in the near future to greener energy sources like solar and wind. While this transition aims to ameliorate the effects of climate change, traditional power plants are closing faster than […]

European Electricity Costs Continue to Surge

Power prices in Europe continued to surge last week as the Europe Union announced its sixth package of sanctions against Russia. German electricity futures, which are considered to be a benchmark for European electricity prices, increased to a year-high at the end of last week. German futures for 2023 rose 6.2% last week to €228.75 […]