EIA’s latest Annual Energy Outlook (AEO) projects a 56 percent increase in natural gas production by 2040, overtaking coal as the largest share of U.S. electric power generation. On December 16, 2013, the Energy Information Administration (EIA) released the AEO 2014 Early Release Overview presenting updated projections for U.S. energy markets through 2040. The AEO… Keep reading →
A regulatory framework that penalizes carbon dioxide emissions would improve nuclear’s competitiveness in the US, but greater policy clarity may be required for new nuclear investments to replace shuttered facilities like San Onofre and Yankee. Nuclear is not without its detractors, which have a laundry list of concerns, ranging from potential for terrorist attacks to… Keep reading →
Competition between coal and natural gas is intensifying When the price of natural gas dipped below $2/MMBTUs in April 2009, the dash for gas set off in earnest. Any utility who could switch did switch from coal to natural gas. Not everyone could, of course, either because of the logistics, long-term fuel contract obligations or… Keep reading →
It is not just coal’s future that depends on the price of gas, but nearly everything else. With so few new reactors under construction – outnumbered by those expected to be shut down for technical, safety-related or economic reasons – the prognosis from the Energy Information Administration (IEA) in its 2013 Annual Energy Outlook is… Keep reading →
Opening up the Arctic National Wildlife Refuge to exploration and development has long been a contentious issue, and Alaska Governor Sean Parnell made a push earlier this week to reopen the debate. Parnell presented Interior Secretary Sally Jewell with a detailed proposal for a seven-year program to conduct 3-D seismic exploration of ANWR area 1002… Keep reading →
The US will “dramatically” reduce its oil import dependency between now and 2035, with imports declining from 49% today to 36%, Energy Information Administration Acting Administrator Howard Gruenspecht said Monday in Washington, DC.
In 2005-6, imports reached their record, 60% of US consumption. Keep reading →
