The average price of electricity for residential consumers could reach $0.1524/kWh in 2023, the U.S. EIA forecast on Thursday in its latest Short Term Energy Outlook. That would represent about a 3.3% increase from this year — and EIA says prices are already 7.5% higher today than in 2021.
The EIA reports that in the first half of 2022, 24% of U.S. electricity generation came from renewable sources. https://www.eia.gov/todayinenergy/detail.php?id=53779
Natural Gas: MARKET HOVERING AROUND $8.00 STRONG PRODUCTION NUMBERS BRING THE NATURAL GAS MARKET DOWN Production numbers remained strong last week, and the upcoming fall temperatures helped limit any growth in the market as the market dropped on Monday and hovered around $8.00 Production topped 100 Bcf/d at points during the week, reaching highs for…
Grid operator MISO for the first time will allow energy storage resources to participate in its energy and operating reserve markets.
Clean energy helps address climate change and also reduces public health risks from air pollution, an Ohio policy analyst writes. #energynews #cleanEnergy #opinion #climatechange #publichealth
SUMMER TEMPS REMAIN HIGH INTO MID-SEPTEMBER Weather remains in the 80s – 90s in the South and Southwest. These temperatures are a break from the triple-digit weather they have seen much of the summer. In addition, with milder temperatures in the Great Lakes and Northeast, national demand has declined, helping our storage numbers. VOLATILITY CONTINUED…
EIA Report: As of July 2022, the United States has more LNG export capacity than any other country and has exported more LNG than any other country.
A research team that included University of Maryland engineers has discovered a way to make biodegradable battery components out of crab, lobster shells, and zinc. https://www.thedailybeast.com/the-future-of-renewable-energy-may-be-this-battery-made-from-crab-shells