Building blockchains in energy markets
The idea of using blockchain technology to ease trading in the energy and commodities markets is cropping up more and more.
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The commodities price watch during Trump’s term continues. Here are the price averages for some key commodity benchmarks since he became president.
United States remains the worldâs top producer of petroleum and natural gas hydrocarbons
(Wed, 07 Jun 2017) The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.
As U.S. airlines carry more passengers, jet fuel use remains well below its previous peak
(Tue, 06 Jun 2017) The amount of jet fuel consumed by U.S. airlines increased in both 2015 and 2016, although jet fuel use in 2016 remained 11% lower than its level a decade ago. Jet fuel use was lower despite the fact that the number of passengers traveling on U.S. carriers in 2016 was 7% higher than in 2007.
NERCâs Summer Reliability Assessment highlights seasonal electricity reliability issues
(Mon, 05 Jun 2017) The North American Electric Reliability Corporation's (NERC) recent <em>2017 Summer Reliability Assessment</em> finds that there are enough resources to meet this summer's projected peak electricity demand in all areas of the country.
As coal shipments decline, rail remains dominant mode of coal transport to power sector
(Fri, 02 Jun 2017) The U.S. electric power sector consumed 677 million short tons of coal in 2016, the lowest amount since 1984. Electric power sector coal consumption accounted for more than 93% of all coal consumed in the United States, and more than two-thirds of this coal was shipped either completely or in part by rail.
More than half of small-scale photovoltaic generation comes from residential rooftops
(Thu, 01 Jun 2017) Generation from small-scale photovoltaic (PV) systems totaled about 37% of the annual generation from all U.S. solar PV electricity generators in 2016. EIAâs small-scale category includes PV systems that have less than one megawatt (MW) of generating capacity.
Fate of South Korea’s new coal plants rests with its new president
South Korea’s President Moon Jae-in sent shockwaves through the Asia thermal coal market when, on his election in May, he announced his intention to halt the building of new coal-fired power plants and to phase out some of the country’s ageing coal-fired generators.
Regional Greenhouse Gas Initiative auction prices are the lowest since 2014
(Wed, 31 May 2017) The Regional Greenhouse Gas Initiative (RGGI) will hold its 36th auction for carbon dioxide (CO2) emission allowances on June 7. In the previous auction, held in March, more than 14 million allowances were sold at a clearing price of $3.00 per short ton of CO2, the lowest price in more than three years.
2015 RECS Technical Documentation Summary now available
(Wed, 31 May 2017) This report discusses the methods used to conduct the 2015 Residential Energy Consumption Survey (RECS). EIA also released a preliminary public-use microdata file and guidance on working with the RECS data.