In the news today…
Grid:
- Dallas Morning News reports that Texas Gov. Greg Abbott signals support for a grid redesign that aims to improve reliability by encouraging the construction of more natural gas-fired power plants.
Coal:
- Argus reports coal-fired generation and consumption in the US is expected to fall at a more rapid pace this year than anticipated just a month ago, as natural gas prices decline, according to government forecasts.
- Washington Examiner reports tame winter conditions are putting big dents in the prices of gas and coal, both of which have plunged from their 2022 highs in recent weeks.