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Posted March 21, 2018Today in Energy

Solar photovoltaic costs are declining, but estimates vary across sources ›

Costs for utility-scale solar photovoltaic (PV) systems have declined in recent years—most sources show that system costs on a per-watt basis have fallen about 10% to 15% per year from 2010 through 2016. More

reported utility-scale solar PV capital costs, as explained in the article text

Source: EIA, Form EIA-860 Annual Electric Generators Report, and based on LBNL, Utility-Scale Market Report 2016, and NREL, U.S. Solar Photovoltaic System Cost Benchmark: Q1 2017


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Data Highlights

WTI crude oil futures price

3/20/2018: $63.40/barrel

up$2.69 from week earlier
up$15.18 from year earlier

Natural gas futures price

3/20/2018: $2.675/MMBtu

down$0.111 from week earlier
down$0.366 from year earlier

Retail gasoline price

3/19/2018: $2.598/gal

up$0.039 from week earlier
up$0.277 from year earlier

Crude oil inventories

3/16/2018: 428.3 million barrels

down2.6 million barrels from week earlier
down104.8 million barrels from year earlier

Weekly coal production

3/10/2018: 14.814 million tons

down0.285 million tons from week earlier
up0.349 million tons from year earlier


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