In its July Short-Term Energy Outlook (STEO), EIA forecasts that natural gas prices will be about 36% higher in the second half of the year than in the first half of the year, which the agency expects will lead to a decrease in electricity generation from natural gas—the largest fuel ...
The conclusion I draw is that electricity generation is driven by the bottom line, the lowest cost source, allowing for the lowest prices for consumers while still offering reasonable margins for producers. The top post from Dennis alludes to a record low price for electricity from solar in...
Because heat is easier to store than electricity, it should be possible to divert excess amounts generated by the device to a thermal storage system, which could then be used to produce electricity even when the sun isn’t shining. If the researchers can incorpora...
However, the annual share of U.S. electricity generation from natural gas will fall from a 37 percent share in 2021 to 35 percent in both 2022 and 2023, said the report, while forecasting that the share from renewable energy sources to rise from 20 percent in 2021 to 22 percent in 2022...
In contrast to growing generation from renewables, the EIA forecasts that coal power generation will decline 18% from 665 billion kWh in 2023 to 548 billion kWh in 2025. It forecasts natural gas will continue to be the largest source of US electricity generation, with a...
Wind energy, or electricity generated by wind-powered turbines, is almost exclusively consumed in the electric power sector. Wind energy accounted for approximately 26% of US renewable energy consumption in 2020. Wind surpassed hydroelectricity in 2019 to become the single most-consumed source of...
Planned natural gas capacity additions are primarily in the form of combined-cycle plants and combustion-turbine plants. Most of the natural gas capacity is scheduled to be online by June 2019 in preparation for high summer demand. Of the planned natural gas capacity additions, 60 percent will ...
2025.Electricitygeneration.Weexpectsolarpowertobetheleadingsourceofgrowthinelectricitygenerationinboth2024and2025as36gigawatts(GW)and43GWofnewsolarcapacitycomeonline,respectively.Thenewcapacitywillboostthesolarshareoftotalgenerationto6%in2024and7%in2025,upfrom4%in2023.WeforecastthatoverallU.S.electricitygeneration...
'netFlow': datapoint[1], 'source': 'mysource.com'}data.append(exchange)return data def main(): "Main method, never used by the Electricity Map backend, but handy for testing." from pprint import pprint pprint(fetch_consumption_forecast('US-NY')) pprint(fetch_production('US-SEC')) ...
(7%), respectively, compared with 2020 levels. Transportation emissions rose because of increased U.S. petroleum consumption for travel as COVID-19-related restrictions eased. Electric power sector emissions rose because ofincreased electric...