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    • About EnerKnol
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    • About the EnerKnol Platform
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EnerKnol News

Jun152020

New England Wholesale Electricity Prices Dropped by 40 Percent During 2019-20 Winter: EIA

June 15, 2020

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…...

Jun152020

U.S. Petroleum Demand Fell by Near-Record Amounts in March due to COVID-19: EIA

June 15, 2020

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…...

Jun152020

U.S. Summer Electricity Demand Projected to Hit Decade Low: EIA

June 15, 2020

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…...

Jun152020

New Jersey Establishes Framework to Achieve Energy Efficiency Goals

June 15, 2020

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…...

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