Abstract Changes in the vertical and meridional temperature gradients of the atmosphere drive competing influences on storm-track activity. We apply local eddy energetics to the ERA5, JRA-55, MERRA-2, and NCEP-2 reanalyses during 1980–2020 to determine the locations, magnitudes, and trends of the energy transfer mechanisms for synoptic-scale eddies. Eddy kinetic energy (EKE) increases more rapidly in the Southern Hemisphere at all altitudes and seasons, with larger increases during austral winter and spring. In the Northern Hemisphere, increases occur within the Atlantic and Pacific storm tracks at pressures below 300 hPa but only during boreal winter and spring and confined within a narrow zonal band; EKE decreases during boreal summer and fall. Most EKE changes correspond with trends in baroclinic energy conversion upstream of storm tracks and appear to align with increases in the growth rate of the most unstable baroclinic mode. Barotropic energy conversion of EKE to the mean flow becomes locally more intense downstream of the storm tracks. Conversion of EKE to long-period eddies plays a minor role averaged over a hemisphere but can be important locally. The primary strengthening pathway for removal of EKE is a combination of surface friction and viscous dissipation. The increased baroclinic conversion in the Southern Hemisphere appears related to upper-level tropical temperature increases. In the Northern Hemisphere, increased baroclinic conversion is enabled by a combination of increased vertical heat fluxes and a region of temperature increases within 30°–60°N. Significance Statement Traveling atmospheric disturbances arrange into storm tracks that determine the weather in the midlatitudes. Storm tracks are evolving in time due to anthropogenic warming; however, the location and strength of temperature changes compete for influence on the storm tracks. A framework to quantify the mechanisms of generation of kinetic energy contained by eddies pinpoints the extent of storm-track evolution. Storm tracks generally strengthen across the planet but have increased the most in the Southern Hemisphere. Strengthening in the Northern Hemisphere is limited to the winter in a narrow latitudinal band, because of warming in the Arctic that reduces the primary instability that drives eddies. The locations of northern warming and storm-track strengthening suggest a role for tropical dynamics.