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More Hurricanes Are Already Forming in the Atlantic

The lull is over.

Hurricanes in the Atlantic.
Heatmap Illustration/Getty Images

If Hurricane Helene were the only memorable storm to make landfall in the U.S. in 2024, this would still be remembered as an historically tragic season. Since its arrival as a Category 4 hurricane late Thursday night in Florida’s Big Bend region, Helene has killed more than 100 people and caused more than $160 billion across six states. Recovery efforts are expected to last years, if not decades, in the hardest-hit regions of Western North Carolina, some 300 miles inland and 2,000 feet above the nearest coastline. “Helene is going to go down as one of the most impactful hurricanes in U.S. history,” AccuWeather’s senior director of forecasting operations, Dan DePodwin, told me when we spoke on Friday.

As of Monday morning, the National Hurricane Center is tracking five additional systems in the Atlantic basin. Two of those storms reached named status on Friday — Joyce and Isaac — though their paths appear to keep them safely in the middle of the Atlantic. A third storm, Kirk, reached tropical storm strength on Monday and is expected to strengthen into a major hurricane, but is likewise likely to turn north and stay out at sea.

But the two other systems could potentially make U.S. landfall. The first and most concerning is an area of low pressure in the Caribbean “similar to where Helene developed,” DePodwin told me. “We’re going to be monitoring that from the middle to end of [this] week. All options are open with where it could go — anywhere along the Gulf Coast, from Mexico to Florida.”

Directly behind Kirk, in the eastern Tropical Atlantic and out toward the Cape Verde islands, another tropical depression is likely forming. “Anytime you get a tropical wave coming off of Africa this time of year, in late September or early October,” you want to keep an eye on it, DePodwin went on. Sometimes, depending on the weather patterns, those storms stay far out at sea, like Joyce or Kirk. “But the next one probably has a better chance of making it farther west across the Atlantic” because of the prevailing weather patterns, DePodwin said. “So we’ll keep an eye on that one” — though forecasters are still days away from knowing if it could make it as far west as the East Coast.

Let this be a lesson in speaking too soon. Although the 2024 hurricane season went through a long lull at the end of the summer, it’s about to definitively silence any talk of it being a “quiet” year. “We’re predicting at least [five] more named storms to get to that 16 to 20 named storm range that we have for the season,” DePodwin told me. Many of those would likely come in October, which “can be a pretty active month,” but due to the “La Niña pattern we’re moving into and the very warm waters of the [Atlantic] Basin, we think we could get a couple of named storms in November, which is not always the case.”

Finishing the season with 16 to 20 named storms would put 2024 well above the 1991-2020 average of 14 named storms per year. But as hurricane forecasters are always quick to point out, all it takes is one destructive storm making landfall for it to be a “bad” hurricane year. In that case, there’s no debate: 2024 is already bad. Now we must wait, prepare, and hope it doesn’t get any worse.

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Sparks

The Country’s Largest Power Markets Are Getting More Gas

Three companies are joining forces to add at least a gigawatt of new generation by 2029. The question is whether they can actually do it.

Natural gas pipelines.
Heatmap Illustration/Getty Images

Two of the biggest electricity markets in the country — the 13-state PJM Interconnection, which spans the Mid-Atlantic and the Midwest, and ERCOT, which covers nearly all of Texas — want more natural gas. Both are projecting immense increases in electricity demand thanks to data centers and electrification. And both have had bouts of market weirdness and dysfunction, with ERCOT experiencing spiky prices and even blackouts during extreme weather and PJM making enormous payouts largely to gas and coal operators to lock in their “capacity,” i.e. their ability to provide power when most needed.

Now a trio of companies, including the independent power producer NRG, the turbine manufacturer GE Vernova, and a subsidiary of the construction firm Kiewit Corporation, are teaming up with a plan to bring gas-powered plants to PJM and ERCOT, the companies announced today.

The three companies said that the new joint venture “will work to advance four projects totaling over 5 gigawatts” of natural gas combined cycle plants to the two power markets, with over a gigawatt coming by 2029. The companies said that they could eventually build 10 to 15 gigawatts “and expand to other areas across the U.S.”

So far, PJM and Texas’ call for new gas has been more widely heard than answered. The power producer Calpine said last year that it would look into developing more gas in PJM, but actual investment announcements have been scarce, although at least one gas plant scheduled to close has said it would stay open.

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The tax credit “will serve as a catalyst to propel the United States to global energy dominance,” the letter argues, “while advancing American competitiveness in energy technologies that our adversaries are actively pursuing.” The Fuel Cell and Hydrogen Energy Association organized the letter, which features signatures from the American Petroleum Institute, the U.S. Chamber of Commerce, the Clean Energy Buyers Association, and numerous hydrogen, industrial gas, and chemical companies, among many others. Three out of the seven regional clean hydrogen hubs — the Mid-Atlantic, Heartland, and Pacific Northwest hubs — are also listed.

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Core inflation is up, meaning that interest rates are unlikely to go down anytime soon.

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Though some of those factors had already been widely reported on, the overall rise in prices exceeded analysts’ expectations. With overall inflation still elevated — reaching an annual rate of 3%, while “core” inflation, stripping out food and energy, rose to 3.3%, after an unexpectedly sharp 0.4% jump in January alone — any prospect of substantial interest rate cuts from the Federal Reserve has dwindled even further.

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