Free Republic

Weather pundits on TV and even The Old Farmers Almanac are telling us key factors like Solar Cycle 25, El Nino, and a polar vortex moving south from the North Pole will combine to give most of the U.S. a colder and a much more snowy winter. Are we ready? Is the Biden administration ensuring our gas and coal-fired power plants are winterized and have enough fuel? Of course not. The North American Electric Reliability Corporation (NERC), a not-for-profit regulatory authority whose stated mission is "to assure the effective and efficient reduction of risks to the reliability and security of...

<p>The electric grids at most risk of supply shortfalls are in Texas, the central US system stretching from the Great Lakes to Louisiana, New England and the Carolinas, the North American Electric Reliability Council said in its seasonal assessment Thursday. Severe weather may stress grids by causing demand to soar while supplies of natural gas, coal and back-up fuel oil are all tight, leaving little room for error, according to the report.</p>

A combination of shocks is rippling through emerging market economies and has sparked soaring food and energy inflation, power blackouts, and social unrest. Countries with the weakest balance sheets and high debt loads appear to be sliding first into turmoil. This could be the beginning innings of an emerging market crisis last seen in the 1990s when socio-economic distress toppled governments, according to Bloomberg. Already, skyrocketing food and energy prices have caused turmoil in Sri Lanka, Peru, Egypt, and Tunisia. The chaos could broaden as some emerging market countries, heavily saturated with debt, could be shocked by higher debt-servicing costs...

South Africa imposed rolling power cuts for the first time since 2008 on Thursday as it struggled to cope with coal shortages and technical problems caused by recent heavy rains. State-owned electricity firm Eskom said incessant downpours over the past week had flooded mines and left stockpiles too wet to use in its coal-fired power plants. . . . . . . . . . "We do not believe we have a crisis in energy at this present time," said Water Minister Edna Molewa.