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EU power reserves are around 77% full — far lower what’s normal for this time of year. If this winter is severe, it could leave some countries vulnerable.

(Bloomberg) -- Europe’s heading into winter facing an unprecedented energy squeeze, and politicians are trying to figure out how to stop their citizens freezing. If the shortages worsen, European governments could resort to curbing sales of natural gas and power to other regions.

Gas is the new coal, with risk of $135b in stranded assets Rachel Morison Share London | Natural gas is falling out of favour with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they cannot sell. Citigroup and JPMorgan are among the banks that strengthened their financing restrictions on thermal coal under pressure from shareholders wanting to avoid the fuel, and the expectation is that gas is next. Executives at some western European companies say they’re al...

Gas is the new coal with risk of $100 billion in stranded assets Natural gas is falling out of favor with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and potentially leaving them stuck with billions of dollars of assets they can’t sell. by Bloomberg Updated: 19/04/2021, 3:06 am Gas Is the New Coal With Risk of $100 Billion in Stranded Assets Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something w...

April 19, 2021 Compare the two graphs above. They tell the story of technological and economic shifts in the last decade, as the very market-dominated Texas (ERCOT) grid evolved in its choice of power sources. I’ll be watching Texas closely as they come to grips with the clear need for adjustments in strategy following the recent blackouts, but I’m thinking that storage may be a big winner here, and I doubt renewables are going away. Natural gas is falling out of favor with emissions-wary investors and utilities at a quicker pace than coal did, catching some power generators unaware and ...