Tag: Energy Information Administration

Commercialization, Renewable Energy

How will the energy crunch impact the transition to renewables?

October 21, 2021

Via: Renewable Energy World

Record-high natural gas prices are fueling an energy crunch ahead of winter in the Northern Hemisphere, leading to power shortages in parts of the world. Anne-Sophie Corbeau, an energy policy researcher at the University of Columbia, believes the ongoing energy […]

News and Policies, U.S.

EIA: Large-Scale U.S. Battery Power Capacity Slated for Fourfold Expansion in Two Years

August 19, 2021

Via: Power Magazine

Large-scale battery power capacity in the U.S. surged 35% over 2020 to reach 1,650 MW, and according to the Energy Information Administration (EIA), utilities are planning to ramp up that capacity by 10 GW over the next two years. In […]

Mainstream technologies, News and Policies, Renewable Energy, U.S.

EIA: Renewables to overtake natural gas in US 2050 power mix

January 30, 2020

Via: PV Resources

The US Energy Information Administration (EIA) has predicted that renewables will take the largest slice of US electricity generation by 2050, doubling from 19% in 2019 to 38% in 2050. According to the EIA’s latest energy outlook, solar will contribute […]

Commercialization, Conventional Fuels

Oil prices erase losses on a bigger than expected inventory drop

June 19, 2019

Via: CNBC energy

Oil prices turned around on Wednesday after a surprise draw down in U.S. supply lifted sentiment in the market. U.S. crude inventories decreased by 3.1 million barrels last week, according to Energy Information Administration. Brent crude futures traded 22 cents […]

Commercialization, Conventional Fuels

EIA: OPEC oil export revenues set to increase

September 19, 2018

Via: Energy Global

Increases in both crude oil prices and in net OPEC oil exports drove revenues higher in 2017, and the EIA expects that revenues will continue to increase in 2018, based on its August ‘Short-Term Energy Outlook’. The EIA projects that […]

News and Policies, U.S.

US shale growth will offset global production problems over the coming months, analysts say

August 15, 2018

Via: CNBC energy

A sustained upswing in U.S. shale growth is likely to offset global production problems over the coming months, energy analysts told CNBC on Wednesday. The mood music in the energy market has been heavily influenced by a flurry of demand-side […]

Domestic, Energy Consumption

EIA: Fossil Fuel Use for Electric Generation Falls to Lowest Level Since 1994

May 29, 2018

Via: Power Engineering

Driven by massive declines in coal, overall fossil fuel use in electric generation fell to the lowest level since 1994, the Energy Information Administration reported. Total petroleum, natural gas and coal use fell to 22.5 quadrillion BTUs last year. Coal […]

Chemical, Conventional Fuels

Does The US Really Need More Oil?

March 21, 2018

Via: Forbes

US oil production is set to hit a record 11 million barrels a day by 2019, according to latest figures by the Energy Information Administration (EIA). Meanwhile permits are being issued for further exploration in national parks and pressure is […]

News and Policies, State

North Carolina’s Solar Market Gripped by Growing Pains, as Gigawatts of Projects Are Planned

November 22, 2017

Via: Greentech Media

Over the years, driven by the requirements of its renewable energy portfolio standard and the Public Utility Regulatory Policies Act, North Carolina has risen to become the country’s second largest solar market. The state now has more than 3,500 megawatts […]

News and Policies, State

Combined Cycle Power Plant Proposed for Eastern Ohio

September 27, 2016

Via: Power Engineering

Houston-based EmberClear Corp. plans to build a 1,000-MW natural gas-fired combined cycle power plant on a 60-acre site in eastern Ohio near several gas pipelines carrying natural gas produced from the region’s abundant shale gas fields. The Harrison County Community […]

Commercialization, Conventional Fuels

Oil extends gains, US crude at 6-month top

May 17, 2016


Oil futures rose for a second straight session on Tuesday, with U.S. crude hitting a six-month high, as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices. Oil prices […]

Energy Economics

Oil prices dip as strong dollar outweighs supply disruptions

May 6, 2016


Oil prices dipped on Friday, dragged down by a surging dollar that at least temporarily outweighed supply disruptions in North America, where a massive wildfire was threatening Canada’s huge oil sands operations. The dollar firmed against the euro and yen […]