U.S. natural gas consumption reached a record high of 89.1 billion cubic feet per day (Bcf/d) during 2023, according to an April 23 report published by the U.S. Energy Information Administration. U.S. natural gas consumption has been on an upward trend since 2018 and has increased on average by around four percent annually. Monthly natural…...
U.S. hydropower production is expected to increase by six percent during 2024 compared to last year, according to the U.S. Energy Information. Hydropower generation declined to a 22 year low during 2023, due to less water supply. This year, hydroelectricity is projected to account for 250 billion kilowatthours of electricity production in the power sector,…...
An increase in U.S. liquified natural gas (LNG) exports are projected to lead to higher volumes of U.S. natural gas exports during 2024 and 2025, according to an April 17 report published by the U.S. Energy Information Administration. U.S. LNG exports are expected to increase due to three LNG export projects presently under construction commencing…...
The U.S. exported 20.9 billion cubic feet per day (Bcf/d) of natural gas during 2023, up 10 percent compared to the previous year, according to an April 15 report published by the U.S. Energy Information Administration. U.S. natural gas volumes exported during 2023 were at an all time high. U.S. liquefied natural gas (LNG) exports…...
The U.S. Environmental Protection Agency released its annual Inventory of Greenhouse Gas Emissions and Sinks detailing national-level data on greenhouse gas emissions from 1990 to 2022. In 2022, net U.S. greenhouse gas emissions stood at 5,489 million metric tons of carbon dioxide equivalent, marking a 1.3 percent increase from the previous year. This is attributed…...
The U.S. Energy Department and Japan’s Ministry of Education, Culture, Sports, Science and Technology announced a strategic partnership on April 10 to advance fusion energy capabilities. Monitored through the Coordinating Committee on Fusion Energy, CCFE, the collaboration aims to identify opportunities for advancing demonstration and commercialization of fusion energy. Leveraging resources and facilities in both…...
U.S. natural gas inventories are projected to remain comparatively high through 2025, according to an April 11 report published by the U.S. Energy Information Administration. High natural gas inventories are expected to dampen price volatility in U.S. gas markets and lead to relatively lower natural gas spot prices through 2025. The U.S. ended the winter…...
Additional solar capacity across Texas altered the daily electricity generation mix during 2023, according to the U.S. Energy Information Administration. Energy sources used to produce electricity have significantly changed in 2023, with solar accounting for a larger share of the generation mix. As it stands, wind generation remains the major source of renewable electricity generation…...
The Pennsylvania Public Utilities Commission on April 4 voted to adopt a policy statement establishing guidelines for the use of electricity storage by distribution companies. The policy paves the way for future use of non-wires solutions that improve reliability and resilience of the grid. Electric distribution companies can now use storage technologies or batteries instead…...
A full solar eclipse on April 8 is expected to limit solar electricity generation for a short time across the U.S., according to the U.S. Energy Information Administration. The solar eclipse will temporarily but completely obscure sunlight to solar generation assets from Texas through Maine, impacting 6.5 gigawatts (GW) of capacity. Moreover, the solar eclipse…...
The U.S. Environmental Protection Agency on April 4 announced the recipients of $20 billion in grant awards under two programs within the $27 billion Greenhouse Gas Reduction Fund, or GGRF, established by the 2022 Inflation Reduction Act. These grants will facilitate the establishment of a national financing network for clean energy and climate solutions across…...
The U.S. Energy Department on April 3 unveiled new Better Building Initiatives aimed at helping organizations across various sectors of the economy enhance energy efficiency, cut costs, and reduce emissions. One of the notable initiatives is the Better Buildings Commercial Building Heat Pump Accelerator, which will facilitate the production of advanced, life cycle cost-effective heat…...
