energy expenditure

Most U.S. Households Projected to Spend Less on Energy This Winter: EIA

U.S. households that utilize natural gas and those situated in the West, which together represent over half of all U.S. households, are expected to spend less on energy this winter in comparison to last winter, according to an Oct. 12 report by the U.S. Energy Information Administration. The agency expects residential energy prices for heating…...

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New York Commission Rejects Petitions to Revise Offshore Wind Contracts

The New York State Public Service Commission on Oct. 12 denied petitions seeking additional funding from consumers for four proposed offshore wind projects and 86 land-based renewable energy projects. The petitions filed by major offshore wind developers and a clean energy group sought amendments to power purchase agreements with the New York State Energy Research…...

Massachusetts Begins Process for Second Offshore Wind Solicitation of Up To 800 Megawatts

U.S. Interior Releases Draft Review of Wind Project Offshore Maryland

The Bureau of Ocean Energy Management on Oct. 6 announced the availability of its draft environmental impact statement for the construction and operations plan presented by US Wind Inc. for its planned Maryland Offshore Wind Project. The draft evaluates the possible environmental impacts of the state’s offshore wind projects and offers amendments to the planned…...

Electricity demand EIA

Peak Hourly U.S. Electricity Demand Reached New High in July 2023: EIA

U.S. peak hourly electricity demand on July 27, 2023, reached 741,815 megawatt hours (MWh), according to an Oct. 5 report from the U.S. Energy Information Administration. The peak hourly demand was the second highest since 2016 and was marginally below the record high of 742,704 MWh last year on Jul. 20. U.S. peak electricity demand…

Ocean Wind Offshore Wind

New England States Unite to Procure up to 6 Gigawatts of Offshore Wind

The states of Massachusetts, Rhode Island, and Connecticut, on Oct.4 announced an offshore wind multi-state coordination memorandum of understanding for offshore wind in New England. The collaboration, the first of its kind in the U.S, aims to capture cost reductions by facilitating the development of large-scale, viable offshore wind projects, thereby enabling the acquisition of…...

Construction costs

U.S. Construction Costs for Natural Gas-Fired Generators Dropped by 18 Percent in 2021: EIA

The average construction costs of natural gas-fired generators, wind turbines and solar PV systems declined in the U.S. during 2021 relative to 2020, according to an Oct. 3 report by the U.S. Energy Information Administration.  Average construction expenditures declined by 18 percent for gas fired generators, 5 percent for wind turbines and by 6 percent…...

FERC’s Five-Year Plan Emphasizes Measures to Improve Electricity Market Design, Infrastructure Siting Reviews

U.S. Energy Department Announces Wholesale Electricity Market Program to Enhance State and Regional Participation

The U.S. Energy Department on Sept. 29 announced a $9 million program to enhance state and regional participation in wholesale power markets. The initiative – Wholesale Electricity Market Studies and Engagement Program – is designed to provide technical and financial support for states and regional entities to develop, expand, and improve wholesale markets. Such collaboration…...

hydropower generation eia

U.S. Hydropower Generation Forecast Lowered by Six Percent Due to Weather Events: EIA

The U.S. Energy Information Administration in a report published on Sep. 28 lowered its projection of U.S. hydropower generation by 6 percent for 2023, compared to last year. The reduction in the forecast is attributed to weather outcomes in the U.S. Northwest over spring and summer, which led to curtailed water supply. U.S. hydropower capacity…...