EIA forecast shows increase in oil and natural gas production, with gas playing biggest role by 2050

EIA forecast shows increase in oil and natural gas production, with gas playing biggest role by 2050

Energize Weekly, February 14, 2018 Oil, natural gas liquids and natural gas production are all projected to grow steadily over the next five years, with oil and gas liquids leveling off and natural gas continuing to climb slowly, according to the federal Energy Information Administration (EIA). Oil production has already…

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US growth in renewable energy is strong, global growth is stronger, NREL study finds

US growth in renewable energy is strong, global growth is stronger, NREL study finds

Energize Weekly, February 14, 2018 Renewable energy generation doubled in the U.S. between 2006 and 2016, reaching 18 percent of the country’s generating capacity. As strong as those numbers are, global renewable energy growth has been even greater. The National Renewable Energy Laboratory’s (NREL) recently released 2018 Renewable Energy Data…

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Maryland would have nation’s second largest EV charging network under $105 million plan

Maryland would have nation’s second largest EV charging network under $105 million plan

Energize Weekly, February 7, 2018 The Maryland Public Service Commission is reviewing a plan, proposed by the state’s utility companies, to create a statewide network of 24,000 electric vehicle (EV) charging stations. The $105 million “Statewide Electric Vehicle Portfolio” would set up the second-largest charging network in the nation. California…

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Utilities need to adapt to a changing market with new business approaches, RMI study says

Utilities need to adapt to a changing market with new business approaches, RMI study says

Energize Weekly, January 31, 2018 A rapidly shifting, yet slow-growing electricity market is forcing utility executives and state regulators to redefine the role of utilities—from expanding their monopoly positions to becoming open platforms for competition, according to a study by the Rocky Mountain Institute (RMI). The question, the study by…

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Oil and natural gas production poised to set records in 2018, says EIA

Energize Weekly, January 24, 2018 Oil and natural gas production for 2018 is projected to break records as oil prices move higher and as gas prices remain firm, according to the federal Energy Information Administration’s (EIA) short-term energy outlook. U.S. crude oil production is forecast to average 10.3 billion barrels…

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Wind, solar and hydro generation are becoming cost competitive worldwide

Energize Weekly, January 24, 2018 Renewable energy projects are becoming cost-competitive with fossil fuel generation around the world, according to the International Renewable Energy Agency (IRENA). “Bioenergy-for-power, hydropower, geothermal and onshore wind projects commissioned in 2017 largely fell within the range of generation costs for fossil-based electricity . . .…

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Heating fuel stocks hold up as arctic temperatures punish the Midwest and Northeast

Energize Weekly, January 17, 2018 Although much of the nation—from Florida to Michigan to Maine—was punished with frigid temperatures in December and January, heating fuel supplies held up well, according the federal Energy Information Administration (EIA). “Current cold weather in the Midwest and Northeast United States has put some pressure…

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Xcel gets an unprecedented response to a call for new electricity generation projects

Energize Weekly, January 10, 2018 Xcel Energy received an “unprecedented” response to a call for new generation projects for its Colorado subsidiary with more than 430 proposals, according to a report filed by the utility with the Colorado Public Utilities Commission. “For comparison, the Company received 55 bids in the…

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California to go it alone on electric reliability, but may try to lure other Western states to join it

Energize Weekly, January 10, 2018 In a move further fragmenting the Western power sector, the California grid operator last week announced it would become its own reliability coordinator, leaving the 14-state regional system. The move was prompted by the prospect of seven utilities and transmission operators in the Rocky Mountain…

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2017 saw upending events in the utility sector as long-term trends showed staying power

Energize Weekly, January 3, 2018 The utility industry faced a tumultuous 2017 with big policy initiatives from Washington and strong underlying trends continuing to challenge the sector. Many of the year’s big stories came from the Trump administration, but markets and corporate decisions also played a big role in defining…

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