Winter energy bills in the United States likely to be lower than last year's

On average across the United States, households can expect heating expenditures this winter (October through March) to be lower than last winter's, according to the U.S. Energy Information Administration's (EIA) Winter Fuels Outlook, released at noon today. Compared with last winter's heating bills, EIA expects households that primarily use electricity or natural gas as their heating source to spend very slightly less, households that use heating oil to spend 4% less, and households that use propane to spend 16% less. Only natural gas bills in the South are likely to rise significantly, by about 4%, primarily as a result of higher regional natural gas prices. EIA's forecast of winter heating expenditures are based on fuel price and consumption forecasts from EIA and weather forecasts from the National Oceanic and Atmospheric Administration (NOAA). More »

Five states have implemented programs to assist nuclear power plants

In late July 2019, Ohio became the fifth state in the United States to enact policies that provide for compensation or other assistance for in-state nuclear generating plants. Connecticut, Illinois, New Jersey, and New York have implemented similar support programs for some of their nuclear power plants since 2017. All five state states have unbundled, retail-choice electricity markets where generators do not receive cost recovery from state regulatory commissions. Nuclear power is a significant source of in-state electricity generation in each of these five states. More »

U.S. nuclear outages remained low in summer and moderate in September

U.S. nuclear electric generation plant outages averaged 2.7 gigawatts (GW) during the summer of 2019 (June through August), about the same as during the summer of 2018. Nuclear plant availability was at its highest level, meaning that nuclear outages were at their lowest level from late June to early July, averaging 1.2 GW. Although the Three Mile Island Unit 1 retired in late September, daily nuclear outages that month were 67% lower than year-ago levels. Nuclear plants undergo planned outages, usually for maintenance and refueling, or unplanned outages, such as during hurricane-related disruptions. More »

U.S. crude oil exports continued to grow in the first half of 2019

U.S. exports of crude oil rose to average 2.9 million barrels per day (b/d) in the first half of 2019, an increase of 966,000 b/d from the first half of 2018. U.S. crude oil exports also set a record-high monthly average in June 2019 at 3.2 million b/d. More »

EIA projects that renewables will provide nearly half of world electricity by 2050

In 2018, 28% of global electricity was generated from renewable energy sources, most (96%) of which was produced from hydropower, wind, and solar technologies. In its International Energy Outlook 2019 (IEO2019), the U.S. Energy Information Administration (EIA) projects that renewables will collectively increase to 49% of global electricity generation by 2050. Of the top three renewable sources, EIA expects solar’s share of generation to grow the fastest and hydroelectric’s share to grow the slowest. More »

August non-OPEC unplanned oil production outages fell to lowest level since at least 2011

Unplanned oil production outages among countries outside the Organization of the Petroleum Exporting Countries (OPEC) fell to 64,000 barrels per day (b/d) in August, the lowest level since the U.S. Energy Information Administration (EIA) began tracking global production outages in 2011. Unplanned outages in major non-OPEC oil producers such as the United States, Russia, and Canada have abated, leaving Sudan and South Sudan as the only remaining non-OPEC producers with unplanned outages in August. The decline in non-OPEC unplanned outages may have contributed to the resilience of the global oil market following the disruption of almost 5.7 million b/d of Saudi Arabian crude oil production on September 14, 2019. More »