The U.S. Energy Information Administration’s (EIA) (AEO2021) Reference case projects that growth in natural gas consumption in the United States between 2020 and 2050 will be driven by exports and industrial use; consumption growth from the other sectors will increase slowly or stay flat. In the Reference case projection, U.S. natural gas production will increase […]
Category: Today in Energy
Utility-scale batteries and pumped storage return about 80% of the electricity they store
Electric energy storage is becoming more important to the energy industry as the share of intermittent generating technologies, such as wind and solar, in the electricity mix increases. Electric energy storage helps to meet fluctuating demand, which is why it is often paired with intermittent sources. Storage technologies include batteries and pumped-storage hydropower, which capture […]
EIA’s AEO2021 shows U.S. energy-related CO2 emissions rising after the mid-2030s
In the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 (AEO2021), EIA projects that U.S. energy-related carbon dioxide (CO2) emissions will decline for most years through the mid-2030s but then begin to rise slightly from the mid-2030s through 2050. In the AEO2021 Reference case, EIA projects that, by 2050, U.S. energy-related CO2 emissions will […]
Northeast distillate inventories have declined but remain above normal
In late June 2020, weekly distillate inventories in the Northeast United States reached 52.3 million barrels, the largest inventory since late November 2016. Since then, Northeast distillate inventories have declined to 43.7 million barrels as of the week ending January 29. Although inventories declined overall, they were still 10% higher than the previous five-year (2016–20) […]
Heating and petrochemical demand in Asia contribute to more U.S. propane exports
U.S. exports of propane have been increasing in recent months, primarily to countries in East Asia, as a result of cold weather and robust petrochemical feedstock consumption that drive demand in that region. Between April 2020 and November 2020 (the most recent monthly data in the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly), approximately […]
EIA projects renewables share of U.S. electricity generation mix will double by 2050
In its Annual Energy Outlook 2021 (AEO2021), the U.S. Energy Information Administration (EIA) projects that the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050. Wind and solar generation are responsible for most of that growth. The renewable share is projected to increase as nuclear […]
EIA’s liquids pipeline database shows infrastructure changes and project statuses
In December, the U.S. Energy Information Administration (EIA) updated its Liquids Pipeline Projects Database of more than 240 future and historical liquids pipeline projects in the United States since 2010. These pipelines carry crude oil, hydrocarbon gas liquids (HGLs), and petroleum products (gasoline, diesel, jet fuel, and other refinery products). […]
EIA’s AEO2021 Reference case shows crude oil production plateauing after 2030
The U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 Reference case, which assumes current laws and regulations through 2050, projects domestic crude oil production to return to 2019 levels by 2023 and then remain near 13 million to 14 million barrels per day (b/d) through 2050. The United States continues to be an integral […]
EIA’s AEO2021 explores the impact of COVID-19 on the U.S. energy mix through 2050
The United States will likely take years to return to 2019 levels of energy consumption and carbon dioxide emissions following the impact of COVID-19 on the U.S. economy and global energy sector, according to projections in the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 (AEO2021), which will be released later today. […]
U.S. wind generation sets new daily and hourly records at end of 2020
In the final months of 2020, electricity generation from wind turbines in the United States set daily and hourly records. Hourly data collected in the U.S. Energy Information Administration’s (EIA) Hourly Electric Grid Monitor show an hourly record set late in the day on December 22 and a daily record set on the following day. […]
