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 […]
Tag Archives: Summer
The U.S. Energy Information Administration (EIA) forecasts that drivers in the United States will pay an average of $ 2.74 per gallon (gal) this summer for regular gasoline, an increase of 11% over last summer, according to EIA’s Short-Term Energy and Summer Fuels Outlook. EIA’s forecast price for summer 2018 (which runs from April through […]
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 […]
July 24, 2015 Source: U.S. Department of Energy National Renewable Energy Laboratory Note: Standard industrial electrolyzer (left) and dedicated hydrogen storage (right) will be engaged in power-to-gas conversion research. Commercial-grade systems will be significantly larger. Large-scale electricity storage technologies are currently limited in use, with pumped hydroelectric storage accounting for more than 98% of total […]
July 17, 2015 Source: U.S. Energy Information Administration, Note: Outage data reflect only nuclear units that have operated or were intended to operate in the past year. As the country reaches the summer peak electricity demand season, nearly all U.S. nuclear generators have returned from refueling outages. Total outages were less than 1.5 gigawatts (GW) […]
July 14, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook The average retail price for motor gasoline this summer (April through September) is expected to be $ 2.67 per gallon, the lowest price (in real dollars, meaning adjusted for inflation) since 2009, based on projections in EIA’s July (STEO). This decline is mainly the […]
April 8, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. drivers are projected to pay an average of $ 2.45/gallon (gal) for regular grade gasoline this summer (April through September), according to EIA’s released yesterday. This year’s projected average summer price is down from a $ 3.59/gal average during summer 2014. The lower […]