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The latest news on Energy from the US Energy information administration
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In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil made up 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
Posted: February 15, 2019, 1:00 pm
Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets. Azerbaijan’s exports of natural gas are poised to become a more significant part of the country’s economy. Azerbaijan produced about 600 billion cubic feet (Bcf) of dry natural gas in 2017 and exported about 210 Bcf, according to EIA’s International Energy Statistics.
Posted: February 14, 2019, 1:00 pm
In EIA’s recently released Annual Energy Outlook 2019 (AEO2019) Reference case, projected residential and commercial purchased electricity consumption grows more slowly than the number of households or total commercial floorspace. As a result, electricity intensity—the amount of electricity consumed per household or square foot of commercial floorspace—decreases by an average of 0.3% per year and 0.4% per year from 2018 through 2050 in the residential and commercial sectors, respectively.
Posted: February 13, 2019, 1:00 pm
Combined-cycle electric generating systems are combustion and steam turbines that operate in groups commonly referred to as power blocks. Since 2014, the average size of a natural gas-fired combined-cycle power block has increased significantly. The average combined-cycle power block installed between 2002 and 2014 was about 500 megawatts (MW). After 2014, power block capacity increased, reaching an average of 820 MW in 2017. Power blocks have increased in size as the performance of combined-cycle units has continued to improve, and current and projected natural gas prices and supply provide a competitive advantage for the combined-cycle technology. The most common configuration involves two combustion turbines supporting one steam turbine.
Posted: February 12, 2019, 1:00 pm
EIA’s recently released Annual Energy Outlook 2019 projects that the U.S. electric power sector emissions of sulfur dioxide (SO2), nitrogen oxides (NOx), and carbon dioxide (CO2) will remain mostly flat through 2050, assuming no changes to current laws and regulations.
Posted: February 11, 2019, 1:00 pm
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