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: expected
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 […]
August 3, 2015 Source: International Atomic Energy Agency, 2013 Vietnam Country Nuclear Power ProfileNote: Hydroelectricity includes pumped storage. Vietnam is poised to significantly transform its electrical power generation mix over the next two decades as it modernizes the country’s agrarian economy to become a more industrialized nation. To accommodate greater industrial expansion and to support […]
July 6, 2015 Source: U.S. Energy Information Administration, based on North American Electric Reliability Corporation According to the of 38% for the region. California’s hydroelectric generation varies seasonally. From January 2014 to April 2015, hydroelectricity accounted for 6% to 14% of the , averaging near 9%. Source: U.S. Energy Information Administration, Since early 2014, much […]
Energy Ministry Permanent Secretary, Kabagambe Kaliisa at the launch of the licensing round in Kampala on 24 February 2015. (Photo: F. Nalubega) The Ugandan government has extended the date of receiving applications for firms interested in securing oil exploration licenses in the Albertine Graben by a period of one month. According to a statement signed […]
May 15, 2015 Source: U.S. Energy Information Administration, Annual Energy Outlook 2015 Although U.S. carbon dioxide (CO2) emissions associated with electricity generation have fallen from the 2005 level, they are projected to increase in the coming decades, based on analysis in EIA’s (AEO2015) that reflects current laws and regulations, and therefore does not include proposed […]
May 14, 2015 Source: U.S. Energy Information Administration, Republished May 14, 2015, 2:00 p.m. to correct an error in the graph EIA’s most recent has occurred only once before, in April 2012, when natural gas fueled just 1.5% less generation than coal. Power generation from the two fuels is expected to rise at similar rates […]
April 10, 2015 Source: U.S. Energy Information Administration, based on U.S. Department of Labor’s , March 2015Note: Gasoline expenditures include spending on motor oil. The average U.S. household expenditure on motor gasoline in 2015 is expected to be about $ 1,817, the lowest level in more than a decade. This level is about $ 700 […]
March 16, 2015 Source: U.S. Energy Information Administration, Electric Power Monthly and Short-Term Energy Outlook Residential electricity customers in most areas of the country experienced large increases in retail electricity prices during 2014, with the average U.S. residential price increasing 3.1% over the previous year. The increase represents the highest annual growth rate since 2008. […]
March 3, 2015 Source: U.S. Energy Information Administration Note: Production data have not yet been reported for four of the eight fields (Cardamom Deep, Jack, St. Malo, and Tubular Bells). Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact […]
January 26, 2015 Source: U.S. Energy Information Administration, January Short-Term Energy OutlookNote: Graph does not include production from Alaska and the Federal Gulf of Mexico. The sharp decline in oil prices over the last quarter of 2014, which has continued in January, is already having a significant effect on drilling activity in the United States, […]
December 18, 2014 Source: U.S. Energy Information Administration, Forms EIA860A and EIA860M Note: Data include facilities with a net summer capacity of 1 MW and above only. Data are reported as of November 25, 2014, covering through September of 2014. Data are based the reported online dates of currently operational or planned wind generation facilities. […]
December 17, 2014 Source: U.S. Energy Information Administration, Note: OPEC is the Organization of the Petroleum Exporting Countries. Iran is excluded because current sanctions make it difficult to estimate revenues. The 2014 revenue estimates are subject to revision as historical production and consumption data are updated. Based on crude oil market assessments in the , […]
December 12, 2014 Source: North Dakota Department of Mineral Resources, Bloomberg The recent decline in crude oil prices has created the potential for weaker crude oil production. EIA’s Drilling Productivity Report (DPR) includes indicators that provide details on the effect low prices may have on tight oil production, which accounts for 56% of total U.S. […]
November 24, 2014 Source: U.S. Energy Information Administration, based on Bloomberg Note: November through March are considered winter months. Forward prices for 2014-15 and 2015-16 are as of 10/29/2014. Despite expectations of a milder winter for 2014, marketers anticipate high prices for natural gas in Boston and New York City. Natural gas prices are expected […]
