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Posted July 22, 2016Today in Energy

Electric grid operators forecast load shapes to plan electricity supply ›

In the electric power sector, load shapes refer to the varying amounts of electricity required over time. Daily load shapes vary by region, climate, and time (daily, monthly, seasonally). Each day, balancing authorities—the entities charged with balancing electric supply and demand—forecast hourly electricity demand on their system for the next day. More

Source: U.S. Energy Information Administration


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Data Highlights

WTI crude oil futures price

7/21/2016: $44.75/barrels

down$0.93 from week earlier
down$4.44 from year earlier

Natural gas futures price

7/21/2016: $2.692/MMBtu

down$0.035 from week earlier
down$0.205 from year earlier

Weekly coal production

7/16/2016: 15.141 million tons

up2.218 million tons from week earlier
down2.433 million tons from year earlier

Natural gas inventories

7/15/2016: 3,277 Bcf

up34 Bcf from week earlier
up471 Bcf from year earlier

Crude oil inventories

7/15/2016: 519.5 million barrels

down2.3 million barrels from week earlier
up55.6 million barrels from year earlier


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