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Wednesday 31 January 2024

Electric vehicles and hybrids surpass 16% of total 2023 U.S. light-duty vehicle sales

Combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) in the United States rose to 16.3% of total new light-duty vehicle (LDV) sales in 2023, according to data from Wards Intelligence. In 2022, hybrid, plug-in hybrid, and BEV sales were 12.9% of total sales. More »

Tuesday 30 January 2024

The cost of transporting coal to the electric power sector increased in 2022

We released new data on the electric power sector’s coal transportation costs. The release incorporates final data for 2022 from Form EIA-923, which we collect from electric power plant owners and operators. The data release based on our Form EIA-923 includes tables with costs, in nominal and real (2022) dollars, across regions, states, and modes of transportation. More »

Projected zero carbon electricity growth highly dependent on cost in parts of Asia

We project low zero-carbon technology costs will drive substantial growth in zero-carbon electricity capacity and generation and limit growth in fossil fuel-fired generation in parts of Asia between 2030 and 2050 in our International Energy Outlook 2023 (IEO2023). In the region we call Other Asia-Pacific (OAS), we project the electric power sector's CO2 emission annual growth rate to be the highest in the world between 2022 and 2050 across all cases. More »

Monday 29 January 2024

U.S. coal exports account for larger share of a shrinking market

As domestic consumption of U.S. coal declines in the near term, we expect exports to account for a larger share of total U.S. coal consumption, according to our recently released Short-Term Energy Outlook (STEO). We expect U.S. coal consumption will total 482 million short tons (MMst) in 2024, 29% less than in 2019. We expect that exports will make up 19% of total demand in 2024 and 21% in 2025, up from a share of 14% in 2019 because of decreasing domestic consumption, especially from the electric power sector. More »

Thursday 25 January 2024

U.S. electricity customers averaged five and one-half hours of power interruptions in 2022

On average, U.S. electricity customers experienced approximately five and one-half hours of electricity interruptions in 2022, almost two hours less than in 2021, according to our recently released Annual Electric Power Industry Report. The annual decline was driven by fewer major events in 2022 compared with 2021. More »

Wednesday 24 January 2024

U.S. monthly dry natural gas production set a new record in December 2023

U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023, according to data from S&P Global Commodity Insights. In 2023, Lower 48 dry natural gas production increased 3.7% (3.6 Bcf/d) from 2022. Dry natural gas production increased 3.8 Bcf/d in the fourth quarter of 2023 (4Q23) compared with the average for the first three quarters of 2023. More »
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