(Wed, 23 Jan 2019) To increase customer understanding of weather-related energy issues in New England, EIA now has an interactive dashboard showing energy market conditions in that region.
(Wed, 23 Jan 2019) In order to increase understanding of weather-related energy capacity issues in New England, EIA has begun publication of an interactive dashboard that provides timely information about energy market conditions in that region. The New England Dashboard (NED) provides an integrated view of the energy commoditiesânatural gas/liquefied natural gas, electricity, and petroleum productsâand market-influencing fundamentalsâsuch as weatherâthat can influence energy consumption, prices, flows, and security in the region.
(Fri, 18 Jan 2019) EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years. EIAâs January 2019 <em>Short-Term Energy Outlook</em> (STEO) forecasts that electricity generation from utility-scale solar generating units will grow by 10% in 2019 and by 17% in 2020. According to the January STEO, wind generation will grow by 12% and 14% during the next two years. EIA forecasts total U.S.
(Thu, 17 Jan 2019) EIAâs January 2019 <em>Short-Term Energy Outlook</em> (STEO) expects several U.S. natural gas market trends from 2018 to continue into 2019 and 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports. According to the STEO, total U.S. natural gas consumption is expected to increase slightly through 2020, with increases in the electric and industrial sectors offsetting decreases in the residential and commercial sectors.
(Tue, 15 Jan 2019) The January 2019 <em>Short-Term Energy Outlook</em> (STEO), released at noon today, for the first time includes analysis of the effect that upcoming changes to marine fuel sulfur specifications will have on crude oil and petroleum product markets. Beginning January 1, 2020, the International Maritime Organizationâs (IMO) new regulations limit the sulfur content in marine fuels used by ocean-going vessels to 0.5% by volume, a reduction from the previous limit of 3.5%.
(Thu, 10 Jan 2019) According to EIAâs latest inventory of electric generators, 23.7 gigawatts (GW) of new capacity additions and 8.3 GW of capacity retirements are expected for the U.S. electric power sector in 2019. The utility-scale capacity additions consist primarily of wind (46%), natural gas (34%), and solar photovoltaics (18%), with the remaining 2% consisting primarily of other renewables and battery storage capacity.
(Wed, 09 Jan 2019) Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in each region between 2010 and 2016, according to newly available data in EIAâs International Energy Statistics database. In particular, energy consumption has been increasing in the Middle East and Africa, driven by economic growth, increased access to energy markets, and quickly growing populations. Energy consumption in Asia continues to grow even as energy consumption in China declined between 2015 and 2016.
(Tue, 08 Jan 2019) Wholesale electricity prices during 2018 at major trading hubs in the United States were generally higher than in 2017. Wholesale prices in 2018 ranged from 14% higher than in 2017 in the area served by the Midwest Independent System Operator (MISO) to 60% higher in the ERCOT electricity market serving most of Texas. Monthly wholesale electricity prices were also more volatile in 2018 than in 2017, seeing spikes during the winter and summer months.
(Mon, 07 Jan 2019) In response to stakeholder feedback, the U.S. Energy Information Administration has revised the format of the Country Analysis Briefs. Future updates will be in two complementary formats: the Country Analysis Executive Summary provides an overview of recent developments in a country's energy sector and the Background Reference provides historical context. Archived versions will remain available in the original format.
(Fri, 04 Jan 2019) U.S. regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in 2017 and 57 cents/gal higher than in 2016. However, a rapid price decline beginning in October led to U.S. average regular gasoline prices ending the year lower than they began for the first time since 2015. In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal at least once in 2018.
