U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Today in Energy
Before the start of the 2014 NFL regular season, University of Phoenix Stadium in Arizona, home to Super Bowl XLIX, retrofitted 312 high-performance light-emitting diode (LED) stadium light fixtures. The LED fixtures replaced more than 780 metal halide high-intensity discharge (HID) fixtures and will illuminate the field during the Super Bowl on February 1.
Note: Includes only announced projects. Some high-risk projects excluded based on feasibility questions.
Between 2014 and 2018, U.S. petrochemical capacity expansion projects are projected to increase domestic demand for ethane by nearly 600,000 barrels per day (bbl/d) and propane by nearly 200,000 bbl/d. This growing demand is in response to growing domestic hydrocarbon gas liquids (HGL) supply and favorable petrochemical feedstock prices in the United States relative to the international market.
Following a short-lived price increase in November, natural gas prices have dropped to their lowest levels since September 2012, reflecting strong domestic production and inventory builds.
Note: Average residential solar photovoltaic (PV) system size calculated by dividing total installed capacity by number of meters. HECO, MECO, and HELCO are subsidiaries of Hawaiian Electric Industries Inc.; KIUC is an independent electric cooperative.
In December, NextEra Energy Inc. announced an agreement to acquire Hawaiian Electric Industries Inc., owner of three electric utilities that together supply power to 95% of Hawaii's population. NextEra is one of the largest developers of renewable energy in the United States through its subsidiary NextEra Energy Resources and is also the owner of Florida Power & Light (FPL). While FPL does not rely heavily on solar photovoltaics (PV) and other forms of renewable energy to serve its Florida customers, solar PV already plays a large role in Hawaii, and that role is expected to grow significantly over time. The Hawaiian Electric utilities' solar PV programs continue to evolve as the utilities handle ever-larger amounts of customer-sited solar capacity on their small and isolated island grids.
Note: Graph does not include production from Alaska and the Federal Gulf of Mexico.
The sharp decline in oil prices over the last quarter of 2014, which has continued in January, is already having a significant effect on drilling activity in the United States, as shown by the 16% decline in the number of active onshore drilling rigs in the Lower 48 states between the weeks ending on October 31, 2014 and January 23, 2015, according to data from Baker-Hughes.
Widely traded futures contracts for North Sea Brent crude oil in global financial markets are typically priced in U.S. dollars (USD). The appreciation, or increase in value, of USD against most other currencies since last summer can either mitigate or exacerbate the effects of the recent sharp decline in USD-denominated crude oil prices, depending on whether a particular country is a net importer or a net exporter of crude oil.
Republished January 22, 2015, 2:45 p.m. to correct an error in the text.
Northern Maine is a unique power market: unlike any other part of the Lower 48 states, this region is connected to one of the three main power grids serving the United States and Canada only via transmission lines that run through Canada. Currently, grid operators are considering transmission options to give northern Maine direct links to the rest of New England in an effort to enhance reliability and expand access to electricity markets.
Recent updates to the Energy Information Administration's maps and geologic information for the Eagle Ford tight oil and shale gas play in Texas help to characterize the formation's structure, thickness, and surface area, as well as the gas-to-oil ratio of its producing wells from January 2000 to June 2014. This information provides a better understanding of recent production within the context of key geologic parameters. The updates can be seen in the following four tabs. The first tab provides additional information on the mix of oil and natural gas hydrocarbons produced by well location. Tabs 2 through 4 provide updated geological information.
The North American Electric Reliability Corporation's (NERC) recently released 2014-15 Winter Reliability Assessment finds that all assessment areas have enough capacity resources to meet normal winter peak electricity demand. However, NERC highlights lower levels of reserves (spare capacity) in specific regions under an extreme winter scenario where the combination of demand increases and supply outages may stress electricity grids. NERC also discusses concerns about fuel diversity, specifically highlighting high dependence on natural gas-fired generation in certain regions.
Note: Vehicle density covers private vehicles, including passenger vehicles, trucks, and other.
Oil demand and imports in China have increased significantly as private passenger vehicle sales and use have increased. Sales of private passenger vehicles have grown by 29% annually over the past 13 years, which has increased gasoline consumption in China. China is currently the world's second-largest oil consumer, behind the United States. Increased sales have mainly been focused in China's wealthier, eastern provinces, where some provinces have now instituted policies to limit vehicle ownership. In other parts of the nation, the central government has encouraged policies to increase incomes, which will likely lead to increased vehicle use and energy consumption.