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. In a graph, the heavy users were China, India, Brazil and Egypt, with the U.S., UK and Japan being close
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 growth has changed in recent times for several reasons, according to a new study by the EIA. The EIA said
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 on the oil and gas market compared to other factors, there was a provision in the bill that will affect
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 gas to surmount coal as the top source of electricity. Natural gas-fired generation is expected to continue growth over the
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 less demand for heating fuels like propane and heating oil, which saw demand decrease by 16% and 45%, respectively, while
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% compared with 2012, reports the EIA. Domestic distributions were 858.3 mmst while foreign distributions were 117.7 mmst. Domestic distributions were down
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 grid in 2015. An estimated 91% of those new additions (18.2 GW) will come from a combination of wind (9.8
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 bills this winter. The company is urging consumers to conserve energy to prepare for the cold temperatures and high rates
