Sunday, January 5, 2025

California was the largest net electricity importer of any state in 2019

EIA Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity generation exceeds electricity consumption in 25 states, and excess electricity is transmitted across state lines—almost 10% of U.S. electricity generation is traded among states. In 2019, California’s net electricity imports were the largest in the country at 70.8 million

India Flag -oil product demand shows recovery in September -oilandgas360

Interregional electricity trade in India affects shares of solar and coal-fired generation

EIA With more than 1.3 billion people, India is the second-most populous country in the world and has the third-highest energy consumption level after China and the United States. To help meet the country’s energy needs, India is expanding its electric transmission infrastructure to improve electricity movement between regions of the country. In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration

Recent legislation would reduce the U.S. Strategic Petroleum Reserve- oil and gas 360

U.S. energy-related carbon dioxide emissions fell in 2019, mainly in electric generation

EIA After rising by 3% in 2018, energy-related carbon dioxide (CO2) emissions fell 3% in the United States in 2019. According to the U.S. Energy Information Administration’s (EIA) U.S. Energy-Related Carbon Dioxide Emissions, 2019 analysis, total energy-related CO2 emissions in 2019 were about 150 million metric tons (MMmt) lower than their 2018 level. EIA attributes nearly all (96%) of this decline to

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

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 terms (240,000 GWh). Although lower electricity demand in 2019 was partly responsible for less coal-fired generation, the primary driver was

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

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 and April compared with expected demand, after accounting for seasonal temperature changes. This decrease is similar to declines seen in New

EIAs long-term power plant projections trade off the cost and value of new capacity -oilandgas fig1

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, the types of power plants most likely to be built in EIA’s long-term model for the U.S. energy sector. Cost: The levelized cost of

EIA expands data on capacity and usage of power plants, electricity storage systems - Fig 1 oilandgas360

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.  The U.S. Energy Information Administration’s (EIA) Electric Power Monthly now includes more information on usage factors for utility-scale storage generators as well

Wind has surpassed hydro as most-used renewable electricity generation source in US - Fig 1 oilandgas360

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 on renewable energy does impact the CO2 pollution at a much higher volume than fossil fuels. So the real question

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

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. 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 projection period (2018–2050), providing almost half of the world’s electricity generation in 2050. In that same period, global coal-fired generation will decrease

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

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

Texas Flag - oilandgas360

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 state. High temperatures in Houston, the biggest city in the Lone Star State, were expected to reach almost 100 degrees

TC Energy to Sell Ontario Natural Gas-Fired Power Plants for US $2.18 Billion - Oil & Gas 360

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 Calgary, has entered into an agreement through its wholly-owned subsidiary, TransCanada Energy Limited, to sell interests in three Ontario natural-gas