Post Tagged with: "electricity"

U.S. coal-fired electricity generation in 2019 falls to 42-year low

U.S. coal-fired electricity generation in 2019 falls to 42-year low

EIA


Output from the U.S. coal-fired generating fleet dropped to 966,000 gigawatthours (GWh) in 2019, the lowest level since 1976. The decline in last year’s coal generation levels was the largest percentage decline in history (16%) and second-largest in absolute …

Daily electricity demand impacts from COVID-19 mitigation efforts differ by region

Daily electricity demand impacts from COVID-19 mitigation efforts differ by region

EIA


Recent business shutdowns and changes to normal routines related to mitigation efforts for the 2019 novel coronavirus disease (COVID-19) have caused daily weekday electricity demand in the central region of the United States to decrease by 9%–13% in March …

EIA’s long-term power plant projections trade off the cost and value of new capacity

EIA’s long-term power plant projections trade off the cost and value of new capacity

EIA


A supplemental report to the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2020 (AEO2020) describes two simple measures of cost and value that, when used together, largely explain the economic competitiveness of electricity generating technologies and, in turn, …

March 7, 2020 - 7:34 pm EIA News That Matters
EIA expands data on capacity and usage of power plants, electricity storage systems

EIA expands data on capacity and usage of power plants, electricity storage systems

EIA


Oil & Gas 360 Publishers Note: Interesting information from the EIA on power plants and electricity storage. The storage will be a huge market in the next several years, and investors should watch this portion of the energy sector. 

Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

EIA


Oil & Gas Publishers Note: Interesting news from the EIA regarding wind surpassing hydroelectric, but is this a time to celebrate? We are looking at the statistics on renewable energy and the CO2 impact to the environment. The impact

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA projects less than a quarter of the world’s electricity generated from coal by 2050

EIA


By 2050, coal-fired generation comprises only 5% of the region’s generation mix.

EIA World net electricity by fuel, IEO 2019 Reference case - oilandgas360

According to the U.S. Energy Information Administration’s (EIA) International Energy Outlook 2019 (IEO2019), global electric power generation from renewable sources will increase more than 20% throughout the …

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

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

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.

New electric generating capacity in 2020 will come primarily from wind and solar - fig 1 -oilandgas360

According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric

Texas Power Prices Triple as Heat Wave Expected to Boost Demand to Record Highs

Texas Power Prices Triple as Heat Wave Expected to Boost Demand to Record Highs

From Reuters


Spot power prices in Texas almost tripled for Tuesday on forecasts demand for electricity would hit record levels over the next week as consumers crank up their air conditioners to escape a heat wave blanketing much of the …

Toronto's Portlands Energy Centre (source: CNW Group/Ontario Power Generation Inc.)

TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion

By Tyler Losier, Energy Reporter, Oil & Gas 360

TC Energy to sell three natural gas-fired power plants to Ontario Power Generation subsidiary for USD $2.18 billion
TC Energy Corporation (stock ticker: TRP), an energy infrastructure company based out of

Electricity Demand Surges with Oil Patch Boom

Electricity Demand Surges with Oil Patch Boom

From Albuquerque Journal

The oil and gas boom in southeastern New Mexico and West Texas is pushing electricity demand on Xcel Energy’s grid to all-time records.

The regional transmission network delivered 6.15 gigawatts of electricity to customers on July 19, …

July 31, 2018 - 5:51 pm Closing Bell Story‎, Energy News
Ukraine

NatGas Will Provide Bulk of U.S. Electricity for at Least Two More Years

United States leans away from coal as natural gas powers up to 20 gigawatts in 2018

The EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasted that natural gas will remain the primary source of U.S. electricity generation for …

What’s Next for the Economies of China and India?

What’s Next for the Economies of China and India?

Since 1990, China and India have accounted for 57% of the total increase in world energy consumption

Earlier this week the EIA put out data that revealed that the world’s developing countries used higher amounts of electricity than OECD countries. …

Source: Energy.gov

OECD Member Countries Use Less Electricity: Here’s Why

GDP growth rates historically have been tied to electricity usage due to population growth and the need to generate more goods and services to serve the growing populations, but traditional metrics are changing.

This relationship between energy usage and economic …

November 20, 2017 - 4:21 pm Closing Bell Story‎, Oil and Gas 360 Articles
Source: Energy.gov

LNG Exports Just Got Easier

The U.S. House of Representatives passed the FY17 National Defense Authorization Act (NDAA), which authorizes $602 billion in funding for the Department of Defense and the national security programs of the Department of Energy. While defense spending has little effect …

Natural Gas-Fired Power Plants Being Constructed Near Major Shale Plays

Natural Gas-Fired Power Plants Being Constructed Near Major Shale Plays

nat gas plants

Electrical generation from natural gas fired plants increased 19% in 2015 due to lower natural gas prices and increased legislation on carbon emissions. Coal and natural gas are now neck and neck in electrical generation capacity with EIA projecting natural …

El Nino Sucks the Wind out of Electricity, Propane and Heating Oil Demand

El Nino Sucks the Wind out of Electricity, Propane and Heating Oil Demand

Electricity Demand for Heating Down 6% Nationwide in 2015

Above-average winter temperatures caused by a strong El Nino pushed total U.S. heating degree days (HDD) to their lowest point in at least the last eight years. Fewer cold days meant …

April 25, 2016 - 4:40 pm Closing Bell Story‎, Oil and Gas 360 Articles
Turk Coal Fire Plant, the most efficient coal-fired plant in the U.S., Source: SWEPCO

U.S. Coal Distribution Lower in 2013, Operators Aim for Plant Efficiency

U.S. coal production down 2.7% in 2013

Total coal distributions in the United States for 2013 were 976.0 million short tons (mmst), according to the Energy Information Administration’s (EIA) Annual Coal Distribution Report. Total coal distribution fell by 2.7% …

April 20, 2015 - 4:46 pm Oil and Gas 360 Articles
Fuel: Electricity Generation – Plans for 2015

Fuel: Electricity Generation – Plans for 2015

EIA: Scheduled 2015 utilities capacity additions will be mostly wind and natural gas

Natural Gas Replacing Coal

The Energy Information Administration (EIA) expects electrical generating companies to add more than 20 gigawatts (GW) of utility-scale generating capacity to the power …

March 10, 2015 - 6:30 pm Analytics, Oil and Gas 360 Articles
Higher Electricity Prices Coming From Constrained Pipeline Capacity

Higher Electricity Prices Coming From Constrained Pipeline Capacity

In a press release out yesterday, the House of Representatives Energy & Commerce Committee warned there was bad news for New England households and businesses:  electricity supplier National Grid told customers that they can expect to see significantly higher power …

September 26, 2014 - 5:40 pm Midstream, Oil and Gas 360 Articles, Regulatory