Category Archives: Energy Pricing
Short Term Electricity Forecast, June 2019
The US Energy Information Administration expects the share of U.S. total utility-scale electricity generation from natural gas-fired power plants to rise from 35% in 2018 to 37% in 2019 and to 38% in 2020. EIA forecasts that the share of generation from … Continue reading →
Solar Panel Cost Drops 37% in 2017
In 2017, the price for high-efficiency solar panels dropped from 72¢/W to 45¢/W, representing a 37 percent decline in cost. The falling price point is driven by several factors, including American consumer demand for higher solar efficiency to compensate for the … Continue reading →
Natural Gas Largest source of U.S. Electricity Generation
The US Energy Information Administration (EIA) has issued a report projecting natural gas to be the largest source of US electricity generation this Summer, exceeding coal. From the agency site: EIA’s April 2017 Short-Term Energy Outlook (STEO) expects that electricity generation fueled … Continue reading →
Short Term Energy Forecast
The U.S. Energy Information Administration has published it’s Short Term Energy Forecast here: https://www.eia.gov/forecasts/steo/index.cfm Highlights from the report are available at the eia site and include: Natural gas working inventories were 3,401 billion cubic feet (Bcf) on August 26. This level … Continue reading →
International Energy Outlook 2016
The US Energy Information Administration has issued a new report projecting international energy use and production through 2040. From the agency site: The International Energy Outlook 2016 (IEO2016) presents an assessment by the U.S. Energy Information Administration (EIA) of the outlook for international … Continue reading →
Electricity Price Forecast
The U.S. Energy Information Administration has issued it’s short term energy forecast. Here is the chart for residential electricity: The rates for 2016 are forecast to be the same as 2015 rates. The numbers on the chart are a bit high for … Continue reading →
Natural Gas Price Forecast
The U.S. Energy Information Administration has issued it’s short term energy forecast. Here is the chart for natural gas: The dotted lines are 95% confidence limits on the forecast. So while there is a good chance natural gas prices will … Continue reading →