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Posted December 8, 2022 Today in Energy

U.S. battery storage capacity will increase significantly by 2025 ›

Developers and power plant owners plan to significantly increase utility-scale battery storage capacity in the United States over the next three years, reaching 30.0 gigawatts (GW) by the end of 2025, based on our latest Preliminary Monthly Electric Generator Inventory. More

U.S. battery storage capacity

Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, October 2022

Data Highlights

WTI crude oil futures price

12/7/2022: $72.01/barrel

down$8.54 from week earlier
down$0.04 from year earlier

Natural gas futures price

12/7/2022: $5.723/MMBtu

down$1.207 from week earlier
up$2.015 from year earlier

Weekly coal production

12/3/2022: 11.995 million tons

up1.278 million tons from week earlier
up0.157 million tons from year earlier

Natural gas inventories

12/2/2022: 3,462 Bcf

down21 Bcf from week earlier
down51 Bcf from year earlier

Crude oil inventories

12/2/2022: 413.9 million barrels

down5.2 million barrels from week earlier
down19.0 million barrels from year earlier