January 11, 2021 According to the U.S. Energy Information Administration’s (EIA) latest inventory of electricity generators, developers and power plant owners plan for 39.7 gigawatts (GW) of new electricity generating capacity to start commercial operation in 2021. Solar will account for the largest share of new capacity at 39%, followed by wind at 31%. About 3% of the … [Read more...] about Renewables account for most new U.S. electricity generating capacity in 2021
Wholesale U.S. electricity prices were generally lower and less volatile in 2020 than 2019
January 8, 2021 Source: U.S. Energy Information Administration, based on S&P Global Market Intelligence data During 2020, wholesale electricity prices at major trading hubs in the United States were generally lower than in 2019, although prices in the western states trended higher in the last half of the year. Compared with 2019 prices, these wholesale hub prices in 2020 … [Read more...] about Wholesale U.S. electricity prices were generally lower and less volatile in 2020 than 2019
Crude oil prices briefly traded below $0 in spring 2020 but have since been mostly flat
January 5, 2021Source: U.S. Energy Information Administration, New York Mercantile Exchange (NYMEX)Note: Prices reflect front-month (contract with the earliest delivery date) futures prices. In the first half of 2020, responses to the COVID-19 pandemic led to steep declines in global petroleum demand and to volatile crude oil markets. The second half of the year was … [Read more...] about Crude oil prices briefly traded below $0 in spring 2020 but have since been mostly flat
EIA releases new U.S. Energy Atlas with updated maps and enhanced navigation
January 4, 2021 Today, the U.S. Energy Information Administration (EIA) released the U.S. Energy Atlas, a new interface for web map applications and a comprehensive open data catalogue. The U.S. Energy Atlas shows detailed energy infrastructure in redesigned maps with enhanced navigation and data accessibility features. With the U.S. Energy Atlas, users can now combine … [Read more...] about EIA releases new U.S. Energy Atlas with updated maps and enhanced navigation
U.S. jet fuel consumption during the week of Thanksgiving was about half of last year’s
December 17, 2020 For the week of Thanksgiving 2020, estimated consumption of major transportation fuels (motor gasoline, distillate, and jet fuel) was 11% lower than during Thanksgiving week 2019. About half as much jet fuel was consumed during the week of Thanksgiving as last year, measured using product supplied as a proxy for consumption: 1.1 million barrels per day (b/d) … [Read more...] about U.S. jet fuel consumption during the week of Thanksgiving was about half of last year’s