So many studies, so little time. Just in the past couple of weeks analyses from DoE’s Energy Information Administration, Bloomberg New Energy Finance, British Petroleum and the International Renewable Energy Agency have hit my inboxShow More Summary
Originally published on EIA. EIA’s Annual Energy Outlook 2016 (AEO2016) Reference case projects that natural gas-fired electricity generation will exceed coal-fired electricity generation by 2022, while generation from renewables—driven by wind and solar—will overtake coal-fired generation by 2029. Show More Summary
Electricity sales, as projected in the U.S. Energy Information Administration's most recent Annual Energy Outlook (AEO2016) Reference case, increase in each sector through 2040. In 2015, 3.7 trillion kilowatthours (kWh) of electricity were sold, and total electricity sales are projected to rise 0.7% annually through the projection period.
The growth in total U.S. dry natural gas production projected in the Annual Energy Outlook 2016 (AEO2016) Reference case results mostly from increased development of shale gas and tight oil plays. Natural gas resources in tight sandstone and carbonate formations (often referred to as tight gas) also contribute to the growth to a lesser extent.
FRACK, BABY, FRACK: Have You Thanked Shale Today? The shale boom is barely a decade old and it already accounts for half of American natural gas production, but according to the EIA’s newest Annual Energy Outlook, by 2040 fracking will be producing nearly 70 percent of our country’s gas.... Did you catch […]
By Mindy Lubber, President, Ceres Annual general meetings at the world's largest fossil fuel companies are usually a time for reflecting on strategies to increase revenues for the coming year, global energy outlooks, and governance. But last week's annual meetings at Exxon Mobil and Chevron were different. Show More Summary
U.S. consumption of natural gas is projected to rise from 28 trillion cubic feet (Tcf) in 2015 to 34 Tcf in 2040, an average increase of about 1% annually, according to EIA's Annual Energy Outlook 2016 (AEO2016) Reference case. The industrial...Show More Summary
Enthusiasts believe thatshale gas is simultaneously cheap,abundant and profitable thus defying all rules of business and economics. That is magical thinking. The recentlyreleasedEIA Annual Energy Outlook 2016sparkles with pixie dustas it forecasts almost unlimited gas supply at low prices out to 2040 and beyond. Exuberant press reportsherald a new era ofLNG [...]
The U.S. Energy Information Administration provides a long-term outlook for energy supply, demand, and prices in its Annual Energy Outlook (AEO). This outlook is centered on the Reference case, which is not a prediction of what will happen, but rather a modeled projection of what might happen given certain assumptions and methodologies. Show More Summary
Source: U.S. Energy Information Administration, Annual Energy Outlook (2009-2015 editions); Solar Energy Industry Association Solar Market Insight Report, Fourth Quarter 2014. Note: Direct current to alternating current ratio of 1.25 was assumed for utility-scale PV capacity to reflect inverter sizing and losses. Show More Summary
One of the world’s seven “supermajor” oil and gas companies, BP, has released its annual Energy Outlook, claiming fossil fuels will remain a dominant source of energy throughout the next two decades. In response, everyone else disagrees. ...Show More Summary
IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector. The new report – the 19th annual
IMA/World Energy Reports has just completed a comprehensive assessment of the five year outlook for the deepwater sector. The new report – the 19th annual
Asian countries’ consumption of natural gas will overtake that of the United States by 2030, making Asia the world leader in the sphere, the International Energy Agency (IEA) said in its latest annual World Energy Outlook report.
BP says a “modest” price on carbon would make some types of renewable energy competitive with gas-fired power and would make carbon capture technology economical, according to the oil giant’s Technology Outlook. In the annual report, BP says the power sector offers the greatest scope for reducing carbon emissions. In the power sector, which currently […]
The U.S. Energy Information Administration's latest Annual Energy Outlook features the key finding that the US is on track to reduce its net energy imports to essentially zero by 2030, if not sooner. That might seem surprising, in light of the recent collapse of oil prices and the resulting significant slowdown in drilling. read more
In its recently released Annual Energy Outlook 2015, the Energy Information Administration expects the United States to be a net natural gas exporter by 2017. After 2017, natural gas trade is driven largely by the availability of natural gas resources and by world energy prices. read more
Last week the U.S. Energy Information Administration (EIA) released its Annual Energy Outlook 2015 (AEO2015). The report presents updated projections for U.S. energy markets through 2040 based on six cases, defined as follows: Reference — Real gross domestic product (GDP) grows at an average annual rate of 2.4% from 2013 to 2040. Show More Summary
In its recently released Annual Energy Outlook 2015, the EIA expects United States crude oil production to rise through the year 2020 as oil prices recover from their steep decline, reducing net petroleum (crude oil and petroleum products) imports. read more
Last week the U.S. Energy Information Administration released its Annual Energy Outlook. EIA’s big news: American energy imports and exports will come into balance for the first time in over 50 years. Says EIA Administrator Adam Sieminski: “EIA’s AEO2015 shows that the advanced technologies are reshaping the U.S. Show More Summary