Tag: consumption/demand
Cold weather, higher exports result in record American natural gas demand
Spot wholesale electricity prices also rose: $200/MWh in New York City, $185/MWh in New England Estimated U.S. natural gas demand on Jan. 1 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to the U.S. Energy Information Administration. Much colder-than-normal temperatures across much of the United States have led to increased […]
US power generation using less natural gas each year, despite shift from coal – EIA
Natural gas consumption in power sector highest in summer months because of high demand from air conditioning Based on data through Aug., year-over-year declines in US electric power sector consumption have been partially offset by changes in natural gas trade, as exports have increased and imports have remained relatively flat. EIA’s latest Short-Term Energy Outlook expects the […]
Growth in plug-in electric vehicles depends on future market conditions
Different levels of projected plug-in electric vehicle penetration have noticeable effects on worldwide liquids fuel consumption Cumulative sales of plug-in electric vehicles, including battery electric vehicles and plug-in hybrid electric vehicles, reached 1.2 million worldwide in 2015, according to the U.S. Energy Information Administration. Still, plug-in electric vehicles account for less than 1 per cent […]
China leads the growth in projected global natural gas consumption
China’s LNG imports tripled between 2010 and 2016 Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA’s latest International Energy Outlook 2017 (IEO2017). China accounts for more than […]
US heating costs likely to be higher this winter
Heating oil use much more common in Northeast regions Most U.S. households can expect higher heating expenditures this winter (October through March) than the last two winters according to EIA’s Winter Fuels Outlook. Higher expected winter heating expenditures are the result of both more heating demand because of relatively colder weather and, to a lesser extent, […]
Rapidly growing energy consumption in India increases faster than other regions
Residences share of electricity rises 46% 2015 to 68% in 2040 EIA’s International Energy Outlook 2017 (IEO2017) projects that among all regions of the world, the fastest growth in building energy consumption through 2040 will occur in India, according to the U.S. Energy Information Administration. In the IEO2017 Reference case, delivered energy consumption for residential and commercial […]
US federal government energy costs at lowest point since fiscal year 2004
Energy costs for petroleum fuels such as jet fuel, gasoline, and diesel decreased 40% According to the Federal Energy Management Program (FEMP), the total real energy cost for the U.S. federal government to operate its facilities, vehicles, and equipment in fiscal year (FY) 2016 fell to $16.1 billion, the lowest level since FY 2004, according to the U.S. Energy […]
Hurricane Irma cut power to nearly two-thirds of Florida’s electricity customers
After Hurricane Irma made landfall, 64% lower power demand then during same hours in 2016 Hurricane Irma struck Florida on Sept. 10, 2017, and knocked out power to 6.7 million electricity customers—64 per cent of all customer accounts in the state, according to reports compiled by the Florida Division of Emergency Management. About 100,000 customers (1 […]
Beyond China and India, energy consumption in non-OECD Asia continues to grow
In 2015, about 30 per cent of travel was in automobiles Based on projections in EIA’s International Energy Outlook 2017 (IEO2017), much of the future growth in world energy consumption will occur in the nations of Asia outside of the Organization for Economic Cooperation and Development (or non-OECD Asia). Although China and India account for most of […]
World energy use to rise 28% by 2040 – US Energy Information Administration
Coal use projected to decline in China by 0.6% per year from 2015 to 2040 The U.S. Energy Information Administration’s latest International Energy Outlook 2017 (IEO2017) projects that world energy consumption will grow by 28 per cent between 2015 and 2040, according to the U.S. Energy Information Administration. Most of this growth is expected to come from […]
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