Power plant developers plan to install 17.8 gigawatts (GW) of utility-scale solar photovoltaic (PV) generating capacity in 2022, according to our June 2022 Preliminary Monthly Electric Generator Inventory. Over the first six months of 2022, 4.2 GW of that capacity came online, less than half of what the industry had planned to install in those […]
Category: Today in Energy
EIA’s Weekly Petroleum Status Report provides a snapshot of petroleum balances
EIA’s Weekly Petroleum Status Report (WPSR) provides our most comprehensive data for weekly U.S. crude oil and refined petroleum product balances. Each week, WPSR provides detailed regional and national supply information on crude oil and major petroleum products used in the United States, including motor gasoline, distillate fuel oil, jet fuel, residual fuel, and propane. […]
Russia’s natural gas pipeline exports to Europe decline to almost 40-year lows
Russia’s natural gas exports by pipeline to the European Union (EU) and the United Kingdom (UK) declined by almost 40% during the first seven months of 2022 compared with the same period in 2021 and by almost 50% compared with the previous five-year (2017—21) average, according to data from Refinitiv Eikon. In mid-July 2022, exports […]
Energy production declined by record amounts in several states in 2020
In 2020, energy production in the United States fell by record amounts compared with 2019, mostly as a result of decreased economic activity during the COVID-19 pandemic. Wyoming had the largest drop in total energy production among the states, decreasing by 1,264 trillion British thermal units, mostly due to decreased coal production. Seven states saw […]
U.S. propane spot prices have declined from multiyear highs
After reaching multiyear highs in March, propane spot prices at the Mont Belvieu distribution hub in Texas have steadily declined. Propane prices reached $1.64 per gallon (gal) for the week ending March 11, 2022, the highest inflation-adjusted price since February 2014. Propane prices have declined by 32% since March to $1.14/gal for the week ending […]
Pipeline projects announced to expand Permian natural gas capacity
Our latest Natural Gas Pipeline Project Tracker includes five new projects—four newly announced projects and one project under construction—since the last update in April 2022. Of the four new projects, three will expand capacity for existing pipelines, and one will be a new pipeline. If completed as planned, these five projects together would increase takeaway […]
The U.S. power grid added 15 GW of generating capacity in the first half of 2022
According to our latest inventory of electric generators, 15 gigawatts (GW) of new utility-scale electric generating capacity came online in the United States during the first half of 2022. Based on the most recently reported plans, developers could add another 29 GW of capacity in the second half of the year. […]
Several refining projects are scheduled in Asia and the Middle East
In Asia and the Middle East, at least nine refinery projects are beginning operations or are scheduled to come online before the end of 2023. At their current planned capacities, they will add 2.9 million barrels per day (b/d) of global refinery capacity once fully operational. […]
California natural gas storage levels are much lower in the north than in the south
Working natural gas inventories at storage facilities operated by the two largest natural gas distributors in California-Pacific Gas & Electric (PG&E) in the north and Southern California Gas Company (SoCalGas) in the south-totaled 100.6 billion cubic feet (Bcf) as of June 30, 2022, according to publicly available company data. Although total California inventories are 4% […]
Small-scale solar is changing hourly utility electricity demand in New England
An increase in electricity generation from small-scale, customer-sited photovoltaic (PV) solar in New England is changing the hourly pattern of metered electricity demand during the spring (March–May), which you can see in our Hourly Electric Grid Monitor. Small-scale solar PV are systems with less than 1 megawatt (MW) of generating capacity and are typically not […]
