U.S. utility-scale power generation facilities used 38 quadrillion British thermal units, or quads, of energy to provide 14 quads of electricity in 2019, according to a July 21 report from the U.S. Energy Information Administration. Much of the difference is attributed to losses during the conversion process. In presenting this statistic, the industry at large…...
The U.S. Energy Department on July 29 awarded $100 million for two multi-institutional research initiatives focused on producing fuels from sunlight under a five-year program. The agency also announced another $68 million over the same duration for projects aimed at supporting sustainable bioenergy production. The multi-institutional partnerships under the Fuels from Sunlight Energy Innovation Hub…...
The Western Energy Imbalance market generated about $79 million in savings in the second quarter of this year, with total benefits reaching about $998 million since its launch in 2014, according to a July 29 press release from the California Independent System Operator Corporation. The market constitutes an automated system that secures the lowest-cost energy…
DetailsU.S. petroleum demand is projected to see a widespread dip for the rest of the 2020 calendar year, according to a July 20 report from the U.S. Energy Information Administration. The forecast was the conclusion of successive decreases in demand through March and April 2020 primarily as a consequence of the COVID-19 pandemic. The EIA’s…...
