Beijing not Brexit the focus for European steel markets
At the recent Platts Steel Markets Europe conference in Barcelona, Brexit paled in comparison to concerns around the ongoing influence of China on European steel markets.
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Most predictions come with a disclaimer that if some rare, high-profile, unforeseen event were to occur, all bets are off. Usually that disclaimer is unwritten. Sometimes it is written.
Several nonpowered dams along the Ohio River to be converted to hydroelectric dams in 2016
(Fri, 15 Jul 2016) In 2016, nearly 300 megawatts (MW) of electricity generating capacity is expected to come online from dams that did not previously have electric generating units, commonly referred to as nonpowered dams (NPDs). NPD capacity additions make up 92% of the 320 MW of planned hydroelectric capacity for 2016.
Natural gas-fired electricity generation expected to reach record level in 2016
(Thu, 14 Jul 2016) Natural gas-fired electricity generation in the United States is expected to reach a record level this year, providing an average of 3.8 million megawatthours per day in 2016, or 4% higher than in 2015. Based on EIA's latest Short-Term Energy Outlook (STEO), monthly natural gas-fired generation is expected to reach record highs in July and August, when weather-related demand for air conditioning increases electricity demand.
Mozambican thermal coal heads to Europe
Jacqueline Holman and Cameron Carswell discuss European utilities importing high ash thermal coal from Mozambique and whether demand is likely to rise in the coming months.
The future of coal: new carbon capture technologies
Ross McCracken and Gareth Carpenter discuss developments that might radically alter the economics of CCS as an emergent technology.
Retail price of regular gasoline forecast to average $2.25 per gallon this summer
(Wed, 13 Jul 2016) In the July edition of the <em>Short-Term Energy Outlook</em> (STEO), EIA forecasts that the U.S. retail price for regular gasoline will average $2.25 per gallon (gal) this summer (March through September). The forecast price for this summer is lower than the 2015 summer average of $2.63/gal, but higher than the forecast from the April 2016 <em>Short-Term Energy and Summer Fuels Outlook</em>. The change in the forecast since April is largely attributable to increases in crude oil prices.
Brexit hitting UK steel demand as sectors slow
UK steel demand is likely to be hit by the nation’s exit from the EU. Construction and infrastructure development look set to take the brunt of the “Leave” decision.
Global energy intensity continues to decline
(Tue, 12 Jul 2016) Worldwide energy intensity, measured as energy consumption per unit of gross domestic product (GDP), decreased by nearly one-third between 1990 and 2015.
EIA projects rise in U.S. crude oil and other liquid fuels production beyond 2017
(Mon, 11 Jul 2016) The U.S. Energy Information Administration projects that U.S. petroleum and other liquid fuels production, which in addition to crude oil and condensate production includes natural gas plant liquids derived from natural gas processing as well as biofuels and volume gain at refineries, is projected to grow from 14.8 million barrels/day (b/d) in 2015 to 18.6 million b/d in 2040 in its Annual Energy Outlook 2016 (AEO2016) Reference case.