Oil Consumption Growth Trends in China, India, & USA — Is 2025 Forecast Accurate?

Credit to Author: Zachary Shahan| Date: Thu, 19 Dec 2024 18:06:31 +0000

The US Energy Information Administration put out an interesting article today. The headline focused on growth of oil consumption in India compared to China — “India to surpass China as the top source of global oil consumption growth in 2024 and 2025.” I sat looking at the chart for several … [continued]

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Hurricanes Were Extra Disruptive to US Energy Infrastructure in 2024 — I’m Shocked

Credit to Author: Zachary Shahan| Date: Wed, 18 Dec 2024 04:57:20 +0000

After warnings for years from climate scientists that hurricanes were going to get bigger and more destructive, I’m absolutely shocked to learn that hurricanes this year were bigger and more destructive than normal in the US. Sarcasm aside, I lived through a couple of serious hurricanes, including going through the … [continued]

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Electric Plus Hybrid Vehicles Reach Record US Auto Market Share in Q3

Credit to Author: Zachary Shahan| Date: Sat, 07 Dec 2024 00:09:43 +0000

The US Energy Information Administration points out that combined sales of electric and hybrid vehicles reached a record high share of the US auto market in the 3rd quarter. All together, they accounted for 19.6% share of 3rd quarter US auto sales, half a percentage point above their 19.1% share … [continued]

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Drought Causes Renewable Energy Generation to Drop Again

Credit to Author: Zachary Shahan| Date: Fri, 08 Nov 2024 03:26:04 +0000

Climate change grows year after year. Climate disruption becomes the norm, and then more disruption comes. We’re in a race against time, and time is winning. The good news is that renewable energy dominates new power capacity installations and new electricity generation. However, sometimes, renewable energy generation goes down, because … [continued]

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EIA Now Publishes Additional U.S. Biofuel & Distillate Forecasts

Credit to Author: US Energy Information Administration| Date: Mon, 07 Oct 2024 21:40:29 +0000

Biofuels are making up an increasing share of total distillate fuel oil consumed in the United States. Beginning in the September 2024 Short-Term Energy Outlook (STEO), we began publishing forecasts for several new series that help to better capture how biofuels are being consumed and overall demand for distillate fuel oil, a classification of petroleum products that … [continued]

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Cryptocurrency & Data Centers Create Soaring Electricity Demand in Texas

Credit to Author: US Energy Information Administration| Date: Fri, 04 Oct 2024 03:43:09 +0000

In the United States, electricity consumption is growing fastest in Texas, where the Electric Reliability Council of Texas (ERCOT) manages 90% of the load on the state’s power grid. One of the main sources of growing demand for power is large-scale computing facilities such as data centers and cryptocurrency mining operations, … [continued]

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Utilities: Batteries Are Most Commonly Used for Arbitrage & Grid Stability

Credit to Author: US Energy Information Administration| Date: Tue, 25 Jun 2024 19:23:19 +0000

Electricity utilities increasingly report using batteries to move electricity from periods of low prices to periods of high prices, a strategy known as arbitrage, according to new detailed information we recently published. At the end of 2023, electricity utilities in the United States reported operating 575 batteries with a collective capacity of … [continued]

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United States Produces More Crude Oil Than Any Country, Ever

Credit to Author: US Energy Information Administration| Date: Tue, 12 Mar 2024 03:16:32 +0000

The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global … [continued]

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Solar & Wind to Lead Growth of U.S. Power Generation in Next Two Years

Credit to Author: US Energy Information Administration| Date: Wed, 17 Jan 2024 03:30:01 +0000

In our latest Short-Term Energy Outlook, we forecast that wind and solar energy will lead growth in U.S. power generation for … [continued]

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Electric Vehicles & Hybrids = 18% of US New Vehicle Market

Credit to Author: Zachary Shahan| Date: Sat, 02 Dec 2023 01:56:13 +0000

We normally just cover plugin vehicle sales here on CleanTechnica, and just full battery electric (BEV) sales for the US … [continued]

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