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.
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(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.
After Iraq, Trying His Hand at a Project Closer to Home: Brooklyn
Tucker Reed, who worked on reconstruction projects in Iraq and since 2011 has been the president of the Downtown Brooklyn Partnership, is stepping down.
Treasury Auctions Set for the Week of July 11
The following tax-exempt, fixed-income issues are scheduled for pricing this week.
Brexit turmoil raises costs, risks in UK energy sector
Following the UK's vote to exit the EU, we look at both the business case and political risks for future UK energy sector investment, and assess the best way forward.
Clean Power Plan reduces projected coal production in all major U.S. supply regions
(Fri, 08 Jul 2016) U.S. coal production is projected to decline by about 26%, or 230 million tons, between 2015 and 2040 in EIA's <em>Annual Energy Outlook 2016</em> (AEO2016) Reference case, which assumes the implementation of the Clean Power Plan (CPP). In a scenario that assumes the CPP is never implemented (No CPP case), U.S. coal production remains close to 2015 levels through 2040.
US nuclear industry suffers shutdowns, pressured by power prices
Nuclear power, which for a long time was among the lowest-cost electricity sources, is now having trouble competing in the US.
EIA electricity generator data show power industry response to EPA mercury limits
(Thu, 07 Jul 2016) EIA recently released preliminary data from its annual survey of electric generators (EIA-860), which provides information on pollution control equipment at electric power plants. A significant amount of such equipment was recently installed in response to the U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxics Standards (MATS).
Steel industry energy consumption: Sensitivity to technology choice, fuel prices, and carbon prices
(Thu, 07 Jul 2016) Steel industry energy consumption in 2010 totaled 1,158 trillion British thermal units (Btu), representing 8% of total manufacturing energy consumption. Energy consumption in the steel industry is largely for crude steel production using basic oxygen furnace (BOF) and electric arc furnace (EAF) technologies. Overall energy intensity in EAF, used primarily to melt scrap steel, is significantly lower than in BOF which is used to create virgin steel from iron ore.
New Jersey to Shut Down Hundreds of Transportation Projects
Gov. Chris Christie ordered the work stoppage, which affects projects across the state, after lawmakers failed to agree on a gas-tax increase.