Brazil’s growth in distributed generation capacity from renewable resources—especially solar—has increased rapidly since the country implemented net metering policies in 2012. As of March 31, 2023, home and building owners have installed more than 1.8 million renewable distributed generation systems in Brazil, totaling about 19 gigawatts (GW) of capacity, the vast majority of which is […]
Category: Today in Energy
Pennsylvania natural gas production changed little in 2022
In 2022, Pennsylvania accounted for 19% of U.S. marketed natural gas production, with more natural gas produced than in any other state except Texas. Marketed natural gas production in Pennsylvania fell slightly by 2% to average 20.5 billion cubic feet per day (Bcf/d) in 2022 after reaching an annual high of 20.9 Bcf/d in 2021, […]
U.S. electric capacity mix shifts from fossil fuels to renewables in AEO2023
The U.S. power grid nearly doubles in capacity from 2022 to 2050 to meet increasing demand for electric power, and most newly built capacity will be from renewable energy technologies, according to most cases in our Annual Energy Outlook 2023 (AEO2023). Declining capital costs for solar panels, wind turbines, and battery storage, as well as […]
U.S. natural gas consumption reached multiyear lows this past January and February
Mild winter temperatures and reduced natural gas consumption in the residential and commercial sectors drove down overall U.S. natural gas consumption this past January and February, according to our Short-Term Energy Outlook (STEO). In January 2023, U.S. natural gas consumption averaged 106.8 billion cubic feet per day (Bcf/d), its lowest January volume since 2017. February […]
U.S. associated natural gas production will likely grow through 2050 in our AEO2023
In our Annual Energy Outlook 2023 (AEO2023), natural gas production from oil formations, known as associated natural gas, grows across most cases through 2050, continuing a long-term trend. In the AEO2023 Reference case, we project that associated natural gas will account for approximately 20% of total U.S. natural gas production over that period, and we […]
Mild temperatures reduced U.S. household heating fuel consumption last winter
We estimate that U.S. households consumed less heating oil this winter heating season because of warmer-than-expected temperatures than we estimated at the beginning of the winter heating season. Combined with stable heating oil prices, our current estimate of average household heating costs for this winter is lower compared with our forecast in the Winter Fuels […]
EIA explores effects of Inflation Reduction Act on the Annual Energy Outlook
In 2050, we project that total U.S. solar capacity, which includes both utility-scale solar and rooftop solar in the commercial and residential sectors, could range from 532 gigawatts (GW) to 1,399 GW. In our Annual Energy Outlook 2023 (AEO2023), we present 16 scenarios, or cases, that project long-term energy trends in the United States through […]
Product Highlight: EIA’s Short-Term Energy Outlook
Our Short-Term Energy Outlook (STEO) publication provides near-term energy data, analysis, and forecasts. Each month, the STEO provides forecasts from the time of publication through December of the next calendar year. The STEO forecasts consumption, production, trade, and prices across major fuel types and also provides in-depth analysis for crude oil, petroleum products, and natural […]
U.S. production of petroleum and other liquids to be driven by international demand
Strong continuing international demand for petroleum and other liquids will sustain U.S. production above 2022 levels through 2050, according to most of the cases we examined in our Annual Energy Outlook 2023 (AEO2023). We project that the United States will continue to be an integral part of global oil markets and a significant source of […]
U.S. energy consumption increases between 0% and 15% by 2050
Consumption of all forms of energy increases in the United States between 0% and 15% from 2022 to 2050 in our Annual Energy Outlook 2023 (AEO2023). Our projection of growth in U.S. energy consumption is the result of the effects of economic growth, population growth, and increased travel offsetting continued energy efficiency improvements. […]
