Of the six states that comprise New England, all but Vermont have deregulated electricity markets that allow customers to choose among competitive suppliers to provide their electricity. Retail electricity prices paid by customers in New England who choose a competitive…
Month: October 2018
Low Rhine River water levels disrupt petroleum product shipments to parts of Europe
Historically low water levels on the Rhine River in Europe have resulted in transportation disruptions for shipments of petroleum products by barge, which in turn have resulted in higher freight costs and higher prices in markets upriver, such as in…
Carbon dioxide emissions from the U.S. power sector have declined 28% since 2005
U.S. electric power sector carbon dioxide emissions (CO2) have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity. EIA has calculated that CO2 emissions from the electric power…
Most utility-scale fixed-tilt solar photovoltaic systems are tilted 20 degrees-30 degrees
Nearly 40%, or 10.4 gigawatts (GW), of utility-scale solar photovoltaic (PV) systems operating in the United States at the end of 2017 were fixed-tilt PV systems rather than tracking systems. Of the utility-scale fixed-tilt solar PV systems, 76% of the…
Europe’s liquefied natural gas imports have increased lately, but remain below 2011 peak
Imports of liquefied natural gas (LNG) to the 28 countries that make up the European Union (EU-28) averaged 5.1 billion cubic feet per day (Bcf/d) in 2017, increasing for the third consecutive year but remaining below their 2011 peak. In…
Resumption of Iran sanctions adds uncertainty to crude oil and gasoline price forecasts
EIA’s October 2018 Short-Term Energy Outlook (STEO) forecasts Brent crude oil spot prices, which averaged $79 per barrel (b) in September, to average $81/b in the fourth quarter of 2018, before falling to an average of $75/b in 2019. However,…
Iran has produced and exported less crude oil since sanctions announcement
Iran’s crude oil exports and production have declined since the May 2018 announcement by the United States that it would withdraw from the Joint Comprehensive Plan of Action (JCPOA) and reinstate sanctions against Iran. …read more Source:: TODAY IN ENERGY…
Hurricane Michael caused 1.7 million electricity outages in the Southeast United States
Hurricane Michael resulted in outages for up to 1.7 million electricity customers across six states, according to situation reports from the U.S. Department of Energy’s Office of Cybersecurity, Energy Security, and Emergency Response. On Wednesday, October 10, 2018, the storm…
U.S. manufacturers’ short-term capability to switch fuels continues to decline
Some manufacturing plants can take advantage of relative price differences and cope with supply shortages by switching the fuels used in their furnaces, boilers, ovens, and other combustors. In the United States, the capability of the manufacturing sector to switch…
Natural gas pipeline rupture in Canada affects U.S. energy markets
The October 9, 2018 rupture of Enbridge’s BC natural gas pipeline near Prince George, British Columbia, continues to affect natural gas supply, electricity generation, and petroleum refining in the U.S. Pacific Northwest. The BC Pipeline links natural gas production in…
