Ever since President Xi Jinping unveiled a plan to link Asia, Europe and Africa with building projects, Beijing has hailed it as central to its foreign policy. China has turned down the volume on its plan.
Deep under the New York Bay near Brooklyn, there is the start of a tunnel with the potential to change the lives of thousands of New York City commuters. So why hasn’t it?
(Fri, 18 Jan 2019) EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years. EIAâs January 2019 <em>Short-Term Energy Outlook</em> (STEO) forecasts that electricity generation from utility-scale solar generating units will grow by 10% in 2019 and by 17% in 2020. According to the January STEO, wind generation will grow by 12% and 14% during the next two years. EIA forecasts total U.S.
It’s worth revisiting some of the assumptions behind the original plan to close down the East River subway tunnel.
(Thu, 17 Jan 2019) EIAâs January 2019 <em>Short-Term Energy Outlook</em> (STEO) expects several U.S. natural gas market trends from 2018 to continue into 2019 and 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports. According to the STEO, total U.S. natural gas consumption is expected to increase slightly through 2020, with increases in the electric and industrial sectors offsetting decreases in the residential and commercial sectors.
(Tue, 15 Jan 2019) The January 2019 <em>Short-Term Energy Outlook</em> (STEO), released at noon today, for the first time includes analysis of the effect that upcoming changes to marine fuel sulfur specifications will have on crude oil and petroleum product markets. Beginning January 1, 2020, the International Maritime Organizationâs (IMO) new regulations limit the sulfur content in marine fuels used by ocean-going vessels to 0.5% by volume, a reduction from the previous limit of 3.5%.
The competition to build an oil refinery in Uganda is a case study in what America faces as it challenges China’s infrastructure lending program.
A planned billion-dollar rail expansion in the Bronx is fueling a larger debate over using aboveground trains to supplement subway and bus service.
(Thu, 10 Jan 2019) According to EIAâs latest inventory of electric generators, 23.7 gigawatts (GW) of new capacity additions and 8.3 GW of capacity retirements are expected for the U.S. electric power sector in 2019. The utility-scale capacity additions consist primarily of wind (46%), natural gas (34%), and solar photovoltaics (18%), with the remaining 2% consisting primarily of other renewables and battery storage capacity.
(Wed, 09 Jan 2019) Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in each region between 2010 and 2016, according to newly available data in EIAâs International Energy Statistics database. In particular, energy consumption has been increasing in the Middle East and Africa, driven by economic growth, increased access to energy markets, and quickly growing populations. Energy consumption in Asia continues to grow even as energy consumption in China declined between 2015 and 2016.
