According to foreign news on June 24th, although US oil production has remained stable for the past 10 months, it is still expected to reach an annual record high in 2024. Rystad Energy predicts that global oil supply will approach zero growth this year, marking the first time since 2020. ...
1 US Energy Information Administration (EIA), Short-term energy outlook, as of October 2024. 2 Solar Power World, “Solar could soon become the second-largest source of U.S. generating capacity”, September 2024. 3 EIA, “Electricity monthly update,” as of October 2024. 4 EIA, “Net ge...
These pieces of legislation aimed to increase US production of strategic technologies like electric vehicles, batteries, renewable energy, and semiconductors.9 Since the passage of these pieces of legislation in August of 2022, spending on manufacturing construction has risen to historic highs, with ...
Equity oil and gas production (2023) 4,235 GWh Renewable power generation (2023) Equinor share 107,174 USD million Total revenues and other income (2023) Our global presence Equinor is an international energy company with a proud history. All of us play a part in its future. Our company ...
From the mid-1980s through 2010, coal was the leading source of US fossil fuel production, but coal production has since been surpassed by dry natural gas (in 2011) and by crude oil (in 2015). In 2020, the US produced twice as much energy from crude oil (24 quadrillion Btu) than ...
The facility, covering approximately 150 acres, will focus on lithium-ion battery cell, battery pack production, and energy storage system integration. Once completed, the facility is expected to produce 10 GWh of lithium-ion battery packs and 40 GWh of lithium-ion battery cells, which will stre...
Uranium has been used as an energy source for more than six decades, fueling nuclear power plants and reactors. About two-thirds of global production comes from Kazakhstan, Canada and Australia. Uranium will be a topic of conversation as thousands of mining executives, geologists and bankers desce...
The US is expected to add more than 67 GW of renewable generation in 2024 as policy and economics drive an energy transition that has grid operators keyed in on clearing clogged nterconnection queues.More than 56 GW of solar generation alone is projected to come online in 2024,continuing to ...
Natural gas409,806+16% Coal power354,926-4.9% Nuclear energy265,559+2.7% Non-hydro renewables149,652+10.8% - of which wind104,801+10.5% - of which utility-scale solar18,510+33.6% Conventional hydro104,518-6.6% ALL ENERGY SOURCES1,301,817+4.5% ...
The facility, covering approximately 150 acres, will focus on lithium-ion battery cell, battery pack production, and energy storage system integration. Once completed, the facility is expected to produce 10 GWh of lithium-ion battery packs and 40 GWh of lithium-ion battery cells, which will ...