The U.S. Energy Information Administration expects coal production to fall by 25 percent to 530 million short tons this year from 2019 levels in its Short Term Outlook released on June 9. The projections are subject to uncertainty as mitigation and reopening efforts related to the COVID-19 pandemic continue to evolve, the agency said. Production in…...
New England’s average wholesale electricity prices dropped by 40 percent to $28 per megawatthour during the 2019-2020 winter from $47 per megawatthour in the previous winter, according to a June 10 report from the U.S. Energy Information Administration. Natural gas-fired generators set the price of electricity more often compared with previous winters because of the…...
Gasoline and jet fuel demand fell by near-record amounts because of the stay-at-home orders and travel limitation since the breakout of COVID-19, according to a June 9 report from the U.S. Energy Information Administration. The gross inputs into refineries fell by 4 percent from February to March to an average of 15.8 million barrels per…...
U.S. summer electricity demand, from June through August, is expected to total 998 billion kilowatthours, a 5 percent drop compared to 2019 and the lowest value since 2009, according to a June 10 report from the U.S. Energy Information Administration. Retail electricity sales in the commercial and industrial sectors are expected to decline 12 percent…...
The New Jersey Board of Public Utilities on June 10 issued an order directing the state’s utilities to establish energy efficiency and peak demand reduction programs, taking a significant step towards clean energy transition. The board set a five-year goal to reduce energy usage by 2.15 percent for electric distribution companies and 1.1 percent for…...
The Federal Energy Regulatory Commission on June 9 approved a request by Tri-State Generation and Transmission Association Inc., a wholesale generation and transmission cooperative, to authorize the transfer of electric service contracts as part of a 2019 agreement, allowing Delta-Montrose to exit Tri-State on June 30. The cooperative will assign its wholesale electric service contracts…
The Federal Energy Regulatory Commission on June 9 adopted a rule that forbids natural gas projects from commencing construction until the agency acts on rehearing requests. The move intends to protect stakeholders, including landowners affected by pipeline projects. The rule attempts to address some of the concerns raised in a lawsuit before the U.S. Court…...