TPI Takeaway WARMER TEMPERATURES COAST TO COAST WILL RESULT IN HIGHER DEMAND Despite the drop in Natural Gas which has historically been a massive driver of electricity prices, the cost of electricity continues to rise. This is primarily due to extreme temperatures and demand from coast to coast. This summer is predicted to be a…
The EIA has forecast that electricity prices in the Northeast regions (ISO New England, New York ISO, and PJM markets) will exceed $100 per megawatt-hour (MWh) between June and August 2022. Read More >> Complete Details
EIA reports that European liquid natural gas (LNG) imports set an all-time historical record high in April 2022 The details: https://www.eia.gov/todayinenergy/detail.php?id=52758
A New York town decides to spend roughly $587,000 to swap all its street lights with LED bulbs, a change estimated to save $22,000 a year. https://poststar.com/news/local/warrensburg-to-convert-all-streetlights-to-leds/article_0e558cba-e84c-11ec-bbad-7723df2161d2.html
According to the EIA, U.S. refinery utilization will be relatively high this summer in response to high wholesale prices for petroleum products, such as diesel and gasoline, which have increased more than the crude oil used to make them. https://www.eia.gov/todayinenergy/detail.php?id=52718
During the first four months of 2022, the United States exported 74% of its liquefied natural gas (LNG) to Europe, compared with an annual average of 34% last year. https://www.eia.gov/todayinenergy/detail.php?id=52659 #EIA #LNG #naturalgasexports #europe #naturalgas
Researchers using their own local air monitoring systems in highly fracked areas of Ohio found that the U.S. EPA’s regional air quality monitors often miss variations in pollution at the local level. In Ohio, researchers find EPA data doesn’t tell the whole story on fracking pollution #quality #EPA #ohio #ohioenergynews #airqualitymonitoring
President Biden is expected to announce a 24-month tariff exemption for solar panels imported from four Southeast Asian countries and invoke the Defense Production Act to boost clean energy equipment manufacturing. https://www.reuters.com/world/us/exclusive-biden-use-executive-action-spark-stalled-solar-projects-amid-tariff-2022-06-06/ solar #inthenews #energynews #solarenergy