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Posted March 24, 2017Today in Energy

Maryland increases renewable portfolio standard target to 25% by 2020 ›

This February, Maryland increased the renewables generation target in its renewable portfolio standard (RPS) to 25% of retail electricity sales by 2020, replacing the earlier target of 20% by 2022. The change occurred as legislators in both houses of the state’s General Assembly voted to override the governor’s veto of legislation they had first passed in 2016. More


Source: EIA, based on Maryland’s Clean Energy Jobs Act (House Bill 1106)

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Data Highlights

WTI crude oil futures price

3/23/2017: $47.70/barrels

down$1.05 from week earlier
up$7.91 from year earlier

Natural gas futures price

3/23/2017: $3.051/MMBtu

up$0.149 from week earlier
up$1.257 from year earlier

Weekly coal production

3/18/2017: 14.050 million tons

down0.653 million tons from week earlier
up0.904 million tons from year earlier

Natural gas inventories

3/17/2017: 2,092 Bcf

down150 Bcf from week earlier
down399 Bcf from year earlier

Crude oil inventories

3/17/2017: 533.1 million barrels

up5.0 million barrels from week earlier
up31.6 million barrels from year earlier

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