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EIA forecasts slower growth in natural gas-fired generation while renewable energy rises - oilandgas360

EIA forecasts slower growth in natural gas-fired generation while renewable energy rises

January 16, 2020

EIA This increase in renewables, along with forecast increases in natural gas fuel costs, contributes to EIA’s forecast of a 2.3% decline in natural gas-fired generation in 2021. U.S. coal generation in 2021 is forecast to fall by 3.2%. In its latest Short-Term Energy Outlook (STEO), released on January 14, the U.S. Energy Information Administration (EIA) forecasts that generation from natural gas-fired

Germany adds brown coal to energy exit under landmark deal- oil and gas 360

Germany adds brown coal to energy exit under landmark deal

January 16, 2020

Reuters BERLIN – Germany is set to become the first country to drop both nuclear and coal power under a landmark agreement to compensate workers, companies and regional governments as it switches off brown coal-fired plants by 2038. The government struck a deal worth more than 40 billion euros ($44.7 billion) in the small hours of Thursday morning with the

New electric generating capacity in 2020 will come primarily from wind and solar - fig 3 -oilandgas360

New electric generating capacity in 2020 will come primarily from wind and solar

January 14, 2020

EIA EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost 32 GW, or 76%, of these additions. According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, EIA expects 42 gigawatts (GW) of new capacity additions to start commercial operation in 2020. Solar and wind represent almost

U.S. natgas output, demand to fall in 2021 after hitting records in 2020: EIA-oil and gas 360

U.S. natgas output, demand to fall in 2021 after hitting records in 2020: EIA

January 14, 2020

Reuters U.S. natural gas production and demand will decline in 2021 after hitting record highs this year, the Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will fall to 94.11 billion cubic feet per day (bcfd) in 2021 from a record 94.74 bcfd in 2020. The current all-time high

Deadly Australia bushfires sweeping country reaches national disaster

January 5, 2020

360 Feed Wire Oil & Gas 360 Publishers Note: “Australia is the world’s largest exporter of coal and liquefied natural gas.” This horrible tragedy will not only impact the millions of animals and Australians, but also adversely the entire regions economic stability. Deadly Australia Bushfires Sweeping Country Reaches National Disaster Key Updates 500 million animals believed dead including, up to 30%

EIA expects U.S. energy-related CO2 emissions to fall in 2019

EIA expects U.S. energy-related CO2 emissions to fall in 2019

December 31, 2019

EIA This article was originally published on July 15, 2019 and was re-published by the EIA today. There are some interesting facts and forecasts that have come through with lower CO2 emissions. Key takeaway – The electric power sector consumes nearly 92% of the coal used in the United States, expectations for both overall lower electricity demand and a lower share

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