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Posted September 23, 2021Today in Energy

EIA expects U.S. hydropower generation to decline 14% in 2021 amid drought ›

In our latest Short-Term Energy Outlook (STEO), we forecast that electricity generation from U.S. hydropower plants will be 14% lower in 2021 than it was in 2020. Extreme and exceptional drought conditions have been affecting much of the western United States, especially California and states in the Pacific Northwest, which are home to the majority of U.S. hydropower capacity. More

U.S. drought conditions and hydropower capacity

Source: Graph by the U.S. Energy Information Administration (EIA), based on EIA’s Short-Term Energy Outlook and Preliminary Monthly Electric Generator Inventory and the U.S. Drought Monitor

Data Highlights

WTI crude oil futures price

9/22/2021: $72.23/barrel

down$0.38 from week earlier
up$32.63 from year earlier

Natural gas futures price

9/22/2021: $4.805/MMBtu

down$0.655 from week earlier
up$2.971 from year earlier

Natural gas inventories

9/17/2021: 3,082 Bcf

up76 Bcf from week earlier
down589 Bcf from year earlier

Crude oil inventories

9/17/2021: 414.0 million barrels 

down3.5 million barrels from week earlier
down80.4 million barrels from year earlier

Weekly coal production

9/18/2021: 12.015 million tons

up0.124 million tons from week earlier
up1.189 million tons from year earlier