DYS-Functional Exercise

"Emergencies" Requiring Coal Plants To Stay Open Need Not Be Imminent, DOE Tells Court By Ethan Howland of UtilityDive The U.S. Department of Energy’s secretary has broad authority under the Federal Power Act to declare emergencies to keep power plants from retiring, and those emergencies don’t have to be imminent, DOE told a federal appeals court last week in response to challenges over its orders keeping a Michigan coal plant online. “The statute’s text grants the Secretary discretion to determine that an emergency exists,” DOE said in a March 17 brief...

Key Events This Week: Central Banks Galore, PPI, And The War In Iran After Friday's revelation that it was the first consecutive monthly Friday 13th for 11 years, DB's Jim Reid writes that today's nearly-as-impressive revelation is that this week sees the Fed, ECB, BoJ and BoE all meet in a single calendar week for the first time since December 2021. So a "super week" for central banks. All of them will have a very complex backdrop to deal with, shaped by geopolitical risk, volatile energy prices, and unsettled inflation...

Watch Live: President Trump Addresses The Nation About Iran There has been a lot of conjecture as to what President Trump will say this evening as he addresses the nation (due to begin at 2100ET) amid mixed signals from the administration (mainly Trump appearing to argue with himself), European allies distancing themselves from the conflict (sparking Trump rage at NATO), and concerns about escalation or a prolonged quagmire (did Pezeshkian really sound like he is ready for a ceasefire). Oil has been selling off heading into Trump’s address, with traders looking...