(Wed, 04 Mar 2020) EIA presented results from four alternative policy scenarios to the <em>Annual Energy Outlook 2020</em> published in an <em>Issue in Focus</em> article. The article and the presentation examined the potential effects of a range of alternative energy policies on the future U.S. electric power sector through 2050.
(Tue, 03 Mar 2020) The Permian Basin Report contains a review of the Wolfcamp, Bone Spring, and Delaware shale plays of the Delaware Basin, which is part of the larger Permian Basin. The report presents the geologic framework, reservoir properties, and hydrocarbon production history and trends for these plays along with geological cross-sections and producing formation structure and thickness maps.
(Fri, 28 Feb 2020) EIA presents a series of alternative cases to the <em>International Energy Outlook 2019</em> (IEO2019) that vary renewable technology capital costs to see the resulting effects on projected electricity capacity and generation in high and low demand growth regions. An analysis of the results is presented in an <em>Issue in Focus</em> article.
(Fri, 21 Feb 2020) On February 5, 2020, the Independent System Operator for New England (ISO-NE) announced the results of its 14th annual Forward Capacity Market (FCM) auction. ISO-NE holds the auctions to ensure that the New England power system will have sufficient electricity supply resources to meet the future demand for electricity. In this most recent auction, ISO-NE secured electric generating capacity covering June 1, 2023, through May 31, 2024.
(Fri, 21 Feb 2020) On February 5, 2020, the Independent System Operator for New England (ISO-NE) announced the results of its 14th annual Forward Capacity Market (FCM) auction. ISO-NE holds the auctions to ensure that the New England power system will have sufficient electricity supply resources to meet the future demand for electricity. In this most recent auction, ISO-NE secured electric generating capacity covering June 1, 2023, through May 31, 2024.
(Thu, 20 Feb 2020) In the U.S. Energy Information Administrationâs (EIA) February <em>Energy Outlook</em> (STEO), EIA forecasts the Lower 48 working natural gas in storage (stocks) will end the 2019–20 heating season (November 1–March 31) at 1,935 billion cubic feet (Bcf), or 243 Bcf more than the five-year average. In the forecast, net injections during the refill season (April 1–October 31) will bring working gas stocks to about 4,029 Bcf, which would be the most natural gas in U.S. inventory on record as of the end of October 2020.
(Thu, 30 Jan 2020) The U.S. Energy Information Administration (EIA) reported Lower 48 statesâ net withdrawals from storage of 201 billion cubic feet (Bcf) for the week ending January 24, 2020. This weekâs estimate is the largest net withdrawal from stocks thus far in the 2019–20 heating season (October 31–March 1) and the largest total net withdrawal from working gas since EIAâs February 1, 2019 report last winter.
(Wed, 29 Jan 2020) Estimated daily natural gas use for power generation has averaged about 28.4 billion cubic per day (Bcf/d) so far this winter (November 1, 2019âJanuary 29, 2020) and is up about 3 Bcf/d, or 12%, compared with the same period in 2018â19. Power burn, estimated based on S&P Global Platts data, reached 34 Bcf/d on January 20, 2020âthe second-highest natural gas use for power during a day in the winter.
(Wed, 29 Jan 2020) On Monday, February 3, 2020, the Independent System Operator for New England (ISO-NE) will open its annual Forward Capacity Market (FCM) auction. ISO-NE uses the FCM auctions to ensure that the New England power system will have sufficient resources to meet future demand for electricity. Owners of various resources compete in the annual auctions to obtain a Capacity Supply Obligation (CSO) in exchange for receiving a market-priced capacity payment.
(Fri, 24 Jan 2020) Halfway through the 2019â20 winter heat season, underground working natural gas stocks for the Lower 48 states totaled 2,947 billion cubic feet (Bcf) as of Friday, January 17, 2020. Cumulative net withdrawals from working gas totaled 782 Bcf as of January 17, which is the lowest cumulative total at this point in a heating season since 2011 and 29% less than the previous five-year average. Lower 48 statesâ working gas stocks are now 251 Bcf (9%) higher than the five-year average, which is the largest surplus to a five-year average since May 2017.
