About two-thirds of utility-scale battery storage power capacity installed in 2016 in the United States is located in two electricity markets: the California Independent System Operator (CAISO), which covers much of California, and the PJM Interconnection, which covers all or…
Month: February 2018
Natural gas power plants purchase fuel using different types of contracts
Most natural gas-fired power plants in the continental United States fulfill all of their fuel requirements through firm contracts that obligate the natural gas producer and the pipeline operator to send the natural gas to the power plant when requested.…
U.S. uranium production in 2017 was the lowest since 2004
U.S. uranium concentrate production totaled 2.44 million pounds in 2017, down 16% from 2016 and the lowest annual total since 2.28 million pounds of uranium concentrate was produced in 2004. Domestic concentrate production peaked at 43.7 million pounds in 1980…
China becomes world’s second largest LNG importer, behind Japan
China surpassed South Korea to become the world’s second largest importer of liquefied natural gas (LNG) in 2017, according to data from IHS Markit and official Chinese government statistics. Chinese imports of LNG averaged 5 billion cubic feet per day…
Tight oil remains the leading source of future U.S. crude oil production
EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when it will surpass 8.2 million barrels per day (b/d) and account for nearly 70% of total…
Recent legislation mandates additional sales of U.S. Strategic Petroleum Reserve crude oil
Recent legislation has directed the sale of more than 100 million barrels of oil from the U.S. Strategic Petroleum Reserve (SPR) in U.S. government fiscal years (FY) 2022 through 2027. Based on legislated sales established in multiple acts of Congress,…
U.S. ethane consumption, exports to increase as new petrochemical plants come online
Over the next two years, EIA’s Short-Term Energy Outlook (STEO) projects growth in U.S. consumption of ethane in the petrochemical industry will exceed increases in consumption of all other petroleum and liquid products—such as motor gasoline, distillate, and jet fuel—combined.…
U.S. coal production, exports, and prices increased in 2017
EIA expects total 2017 U.S. coal production to be 773 million short tons (MMst), 45 MMst higher than in 2016 and the largest year-over-year tonnage increase since 2001. Coal prices across the United States rose as well, especially for Central…
U.S. proved reserves of natural gas up in 2016, oil reserves remained unchanged
The United States had 341.1 trillion cubic feet (Tcf) of natural gas proved reserves as of the end of 2016, an increase of 5% from 2015, according to EIA’s recently released U.S. Crude Oil and Natural Gas Proved Reserves report.…
U.S. imports of solar photovoltaic modules mainly come from Asia
Solar photovoltaic (PV) module imports into the United States have increased significantly in recent years and represent a sizable portion of installed solar capacity. In 2016, U.S. imports of solar modules measured in direct current (DC) totaled 13 gigawatts (GWDC)—up…
