In the news today…
Grid:
- The Wall Street Journal reports that physical attacks on the power grid are likely to increase this year, according to a confidential industry analysis viewed by The Wall Street Journal, as attacks increased by 71% in 2022 compared with 2021, with ballistic damage, intrusion and vandalism largely contributing to the increase. The North American Electric Reliability Corporation’s Electricity Information Sharing and Analysis Center wrote that the uptick in attacks will likely continue based on the number and nature of recent attacks, as some in particular were conducted by extremist group members whose goal is to destabilize the grid.
Coal:
- Argus reports metallurgical coal miner Warrior Met Coal expects to increase its production and sales in 2023.
- Argus reports United Mine Workers of America (UMWA) members have offered to return to work at metallurgical coal miner Warrior Met Coal after nearly two years of striking.
Minerals:
- Politico Pro reports the EU is tangoing with the U.S. toward a mini-deal on raw materials under which both stand to gain — at China’s expense.
Energy:
- Washington Post reports the Biden administration envisions dozens of ‘modular’ nuclear plants sprouting across the country. Why coal communities are so eager to be the staging ground for the risky endeavor.