We explore a key question that emerged from Platts' recent European power conference: is Europe's wholesale
power price collapse structural, or could central plant closures prompt a post 2020 recovery?
(Tue, 17 May 2016) The U.S. Energy Information Administration provides a long-term outlook for energy supply, demand, and prices in its Annual Energy Outlook (AEO). This outlook is centered on the Reference case, which is not a prediction of what will happen, but rather a modeled projection of what might happen given certain assumptions and methodologies. Today, EIA released an annotated summary of the AEO2016 Reference Case?which includes the Clean Power Plan?and a side case without the Clean Power Plan.
(Tue, 17 May 2016) This release is an annotated PowerPoint summary and the data for two cases from the Annual Energy Outlook 2016. The cases released today are the Reference case, which includes one possible implementation of the final Clean Power Plan (CPP) rule promulgated by the Environmental Protection Agency, and a No-CPP case, which assumes that the CPP rule is not implemented. Both cases show substantially more growth in electricity generation from wind and solar energy than EIA's previous projections.
(Tue, 17 May 2016) With this release, the CBECS consumption and expenditures data is complete. The 2012 CBECS consumption and expenditures detailed tables are comprised of Tables C1-C38, which cover overall electricity, natural gas, fuel oil and district heat consumption, and tables E1-E11, which disaggregate the same energy sources by end use (heating, cooling, lighting, etc.). All of the detailed tables contain extensive row categories of building characteristics.
Smaller US refiners unable to blend their own gasoline are facing higher RIN costs which are eating into refinery operating costs.
A Major League Soccer franchise owner is promoting a federal program that benefits those who contribute at least $500,000 to infrastructure projects.
(Mon, 16 May 2016) Global energy-related carbon dioxide (CO2) emissions are projected to increase by one-third between 2012 and 2040 in EIA's International Energy Outlook 2016 (IEO2016) Reference case, largely driven by increased energy use in countries outside of the Organization for Economic Cooperation and Development (OECD). The continuing increase in total emissions occurs despite a moderate decrease in the carbon intensity (CO2 per unit of energy) of the global energy supply.
Following the Platts Global Crude Oil Summit in London, Paul Hickin debunks some oil market myths with an affectionate nod to Monty Python.
Platts analysts discuss the effects of the Middle East feedstock price changes at the end of 2015-early 2016 on the petrochemicals markets in 2016.
(Fri, 13 May 2016) Carbon dioxide (CO2) emissions from electricity generation totaled 1,925 million metric tons in 2015, the lowest since 1993 and 21% below their 2005 level. A shift on the electricity generation mix, with generation from natural gas and renewables displacing coal-fired power, drove the reductions in emissions.
