Category Archives: Industry News

Customer spending on electricity expected to increase this summer

EIA’s Short-Term Energy Outlook forecasts the typical U.S. household will spend an average of $426 for electricity this summer (June-August), an increase of about 3% from the average summer expenditures in 2017. The expected increase in electricity bills is a result of forecast higher retail electricity prices and slightly higher projected electricity use to meet […]

U.S. liquefied natural gas exports quadrupled in 2017

U.S. exports of liquefied natural gas (LNG) reached 1.94 billion cubic feet per day (Bcf/d) in 2017, up from 0.5 Bcf/d in 2016. As LNG exports increased, shipments went to more destinations. U.S. LNG exports in 2017, all of which originated from Louisiana’s Sabine Pass liquefaction terminal, reached 25 countries.

EIA uses two simplified metrics to show future power plants’ relative economics

EIA’s long-term outlook for the electric power sector considers both the cost to build and operate power plants as well as the value those plants provide to the grid. A supplemental report to EIA’s Annual Energy Outlook 2018 (AEO2018) describes two simple measures of cost and value to show how certain technologies can be compared […]

EIA projects that U.S. coal demand will remain flat for several decades

EIA projects U.S. coal disposition-domestic demand and coal exports-to remain relatively flat through 2050 in the Annual Energy Outlook 2018 (AEO2018) Reference case, even as many coal-fired power plants are retired. Coal disposition for the next three decades averages 750 million short tons per year (MMst), down from the peak of nearly 1.2 million tons […]

EIA projects that U.S. coal demand will remain flat for several decades

EIA projects U.S. coal disposition-domestic demand and coal exports-to remain relatively flat through 2050 in the Annual Energy Outlook 2018 (AEO2018) Reference case, even as many coal-fired power plants are retired. Coal disposition for the next three decades averages 750 million short tons per year (MMst), down from the peak of nearly 1.2 million tons […]

U.S. net energy imports in 2017 fall to their lowest levels since 1982

Total net energy imports to the United States fell to 7.3 quadrillion British thermal units (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982, when both gross imports and gross exports were much lower.

Electricity demand by U.S. manufacturing has declined in recent years

Overall electricity use in U.S. manufacturing has declined in recent years, based on data from the U.S. Census Bureau. Many manufacturing establishments have the option of generating their own electricity in addition to pulling directly from the electric grid to run their processes.

U.S. crude oil exports increased and reached more destinations in 2017

U.S. crude oil exports grew to an average of 1.1 million barrels per day (b/d) in 2017, the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 were nearly double the level of exports in 2016. Increased U.S. crude oil exports were supported by increasing U.S. crude oil […]

Solar plants typically install more panel capacity relative to their inverter capacity

A solar photovoltaic (PV) system’s panel capacity is often reported in direct current (DC), while operating capacity in the United States is reported as it is delivered to the grid in alternating current (AC). For economic and engineering reasons, capacity values reported in DC typically are 10% to 30% higher than those reported in AC […]

July petroleum data show challenges in the reporting of processed condensate exports

October 1, 2015 Source: U.S. Energy Information Administration, based on U.S. Census Bureau International Trade Commission data According to official U.S. trade data, the United States exported 21,000 barrels per day (b/d) of condensate derived wholly from natural gas (CDWFNG) to Brazil in July 2015. Under the current U.S. export classification system, CDWFNG falls under […]

Shale gas development in China aided by government investment and decreasing well cost

September 30, 2015 Source: U.S. Energy Information Administration; Advanced Resources International Inc. (ARI); China National Petroleum Corporation’s (CNPC) Economics and Technology Research Institute; Sinopec; and Platts Note: Component cost is based on EIA/ARI component-based cost model and assumes average well depth of 11,500 feet, with 4,000 feet of horizontal drilling. 2013 cost data are based […]

Natural gas prices in Asia mainly linked to crude oil, but use of spot indexes increases

September 29, 2015 Source: U.S. Energy Information Administration, Petroleum Association of Japan, Japan Ministry of Finance International Trade Statistics, Japan Ministry of Economy, Trade and Industry, Bloomberg LP Note: Values for North Sea Brent and Japanese customs-cleared (JCC) crude oil prices converted to $ /MMBtu on an energy-equivalent basis. The official reporting of Japan spot […]

U.S. nuclear outages were less than 3% of capacity this summer

September 28, 2015 Source: U.S. Energy Information Administration, Outages at U.S. nuclear power plants were extremely low this summer (June through August), averaging 2.9 gigawatts (GW), or less than 3% of total U.S. nuclear capacity. During four days in August, outages dropped to just 0.1 GW out of a total U.S. nuclear capacity of 98.7 […]

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