Despite relatively lower supply from a number of major crude oil-producing countries, including Saudi Arabia, Libya, Venezuela, and Canada, global liquid fuels production was forecast to exceed global consumption through 2020 in EIA’s February Short-Term Energy Outlook (STEO). …read more…
Month: February 2019
Updated renewable portfolio standards will lead to more renewable electricity generation
As of the end of 2018, 29 states and the District of Columbia (DC) had renewable portfolio standards (RPS), polices that require electricity suppliers to supply a set share of their electricity from designated renewable resources or eligible technologies. Although…
Extreme cold in the Midwest led to high power demand and record natural gas demand
Extreme cold weather in the Midwest at the end of January led to high—but not record-setting—electricity load on Wednesday, January 30, 2019, the coldest day of the period, on the Midcontinent Independent System Operator (MISO) grid. However, consumption of natural…
Regional variations in household lighting consumption driven by bulb choice and bulb count
U.S. households consumed an average of 1,105 kilowatthours (kWh) of electricity for lighting in 2015, or about 10% of electricity consumption in homes. Data from EIA’s latest Residential Energy Consumption Survey (RECS) show that average lighting consumption varied geographically from…
EIA’s new Key Statistics and Indicators section highlights long-term state energy data
EIA recently released a new Key Statistics and Indicators section in the State Energy Data System (SEDS), EIA’s comprehensive source for annual state energy statistics. The new section makes complete time-series data by state easier to access and provides state…
New methanol plants expected to increase industrial natural gas use through 2020
New methanol plants under development in the United States are increasing natural gas consumption in the industrial sector. Methanol plants are among the most natural gas-intensive industrial end users and require natural gas both as a feedstock and for process…
The basic metals industry is one of the world’s largest industrial energy users
The industrial sector is the largest user of energy in the world, accounting for approximately 55% of world delivered energy in 2018, according to the International Energy Agency. Within the industrial sector, the basic metal industry is one of the…
Natural gas-fired reciprocating engines are being deployed more to balance renewables
Reciprocating internal combustion engines, which are typically used for backup, standby, or emergency power, are now becoming increasingly popular for larger utility-scale power generation applications, especially in areas with high levels of electricity generation from intermittent sources such as wind…
EIA adds new play production data to shale gas and tight oil reports
In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of…
Azerbaijan to become a more significant supplier of natural gas to Southern Europe
Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets. Azerbaijan’s exports of natural gas are poised to become a more significant part of the country’s economy. Azerbaijan produced about…
