Energy news

Alternative Policies in Power Generation and Energy Demand Markets

(Mon, 14 May 2018) EIA analyses sensitivities around policies affecting the U.S. energy system using alternative scenarios to the <em>Annual Energy Outlook 2018</em> (AEO2018) Reference case in the areas of renewable electric generation and end-use efficiency. This article presents results from two sets of alternative policy scenarios. The first set of cases looks at renewable tax credits and examines the impacts of tariffs on imported solar photovoltaic (PV) cells and modules.

May 13, 2018 By 0 Comments Read more...

Countries in and around the Middle East are adding coal-fired power plants

(Fri, 11 May 2018) Planned coal-fired capacity additions from a number of countries in and around the Middle East will add 41 gigawatts (GW) of new electric generating capacity over the next decade, based on announced projects and projects currently in the permitting process. Another 3 GW of coal-fired capacity is currently under construction in these countries.

May 10, 2018 By 0 Comments Read more...

EIA raises crude oil, gasoline price forecasts for 2018

(Thu, 10 May 2018) EIA’s May <em>Short-Term Energy Outlook</em> (STEO) forecasts that Brent crude oil prices will average $71 per barrel (b) in 2018, $7/b higher than forecast in last month’s STEO. Correspondingly, EIA’s forecast for regular gasoline retail prices increased to an average of $2.79/gallon (g) in 2018, $0.15/g higher that in last month’s STEO. Monthly average Brent crude oil spot prices have increased in 9 of the past 10 months, most recently averaging $72/b in April.

May 09, 2018 By 0 Comments Read more...

Solar surpasses biomass to become third-most prevalent renewable electricity source

(Wed, 09 May 2018) Electricity generation from solar resources in the United States reached 77 million megawatthours (MWh) in 2017, surpassing for the first time annual generation from biomass resources, which generated 64 million MWh in 2017. Among renewable sources, only hydro and wind generated more electricity in 2017, at 300 million MWh and 254 million MWh, respectively.

May 08, 2018 By 0 Comments Read more...

Future of U.S. nuclear power fleet depends mostly on natural gas prices, carbon policies

(Tue, 08 May 2018) Existing U.S. nuclear power generating plants operate under increasingly competitive market conditions brought on by relatively low natural gas prices, increasing electricity generation from renewable energy sources, and limited growth in electric power demand. Several sensitivity cases prepared for EIA’s <em>Annual Energy Outlook 2018</em> (AEO2018) show the potential effects on the U.S. nuclear power fleet of different assumptions for natural gas prices, potential carbon policies, and nuclear power plant operating costs.

May 07, 2018 By 0 Comments Read more...

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