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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US Summer Gasoline Prices Could Increase from Higher Refining Costs

Credit to Author: US Energy Information Administration| Date: Thu, 16 May 2024 21:06:45 +0000

Average monthly prices for regular-grade retail gasoline in the United States could increase by more than 10 cents per gallon (gal) if refinery output is lower than expected, according to an analysis we published on May 14. In our May Short-Term Energy Outlook (STEO), which serves as the Base case for our … [continued]

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Renewables to Equal 22% of U.S. Electricity Generation in 2022 — U.S. EIA Forecast

Credit to Author: U.S. Energy Information Administration| Date: Wed, 17 Aug 2022 12:30:29 +0000

U.S. electricity generation from renewable sources, such as hydropower, wind, and solar, accounted for 20% of electricity generation both in 2020 and in 2021. We expect that share to increase to 22% in 2022 and to 24% in 2023 as more generating capacity from wind and solar come online and other generation sources, such as […]

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Mixed Water Supply Conditions in the Northwest Affect 2022 Hydropower Outlook

Credit to Author: U.S. Energy Information Administration| Date: Thu, 24 Feb 2022 12:00:29 +0000

On February 3, the National Oceanic and Atmospheric Administration’s Northwest River Forecast Center (NWRFC) released its latest water supply forecast for the 2022 water year, which runs from October 2021 through September 2022. The NWRFC forecasts below-normal water supply in the southern areas of the Columbia River Basin and near-normal water supply in the rest of the […]

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