Tuesday, January 24, 2017 | Uncategorized
Natural gas is Mexico’s largest source of electricity generation, accounting for 54% of the country’s generation in 2015, up from 34% in 2005. Source: Today In Energy
Friday, January 13, 2017 | Uncategorized
Natural gas spot prices in 2016 averaged $2.49 per million British thermal units (MMBtu) at the national benchmark Henry Hub, the lowest annual average price since 1999. The monthly average price fell below $2.00/MMBtu from February through May, but later increased,...
Thursday, January 12, 2017 | Uncategorized
The U.S. Energy Information Administration’s January Short-Term Energy Outlook (STEO) forecasts benchmark North Sea Brent and West Texas Intermediate (WTI) crude oil prices to average $53 per barrel (b) and $52/b, respectively, in 2017, close to their levels...
Wednesday, January 11, 2017 | Uncategorized
Average wholesale electricity prices at major trading hubs across the United States during the first quarter of 2016 were significantly lower than during the same period in 2015, ranging from 24% lower in California to 64% lower in New England. Source: Today In...
Tuesday, January 10, 2017 | Uncategorized
Once final data are in, EIA expects 24 gigawatts (GW) of new generating capacity to be added to the power grid during 2016. For the third consecutive year, nearly two-thirds of these additions are renewable technologies, especially wind and solar. Source: Today In...
Monday, January 9, 2017 | Uncategorized
The spot energy index in the S&P Goldman Sachs Commodity Index (GSCI) rose 48% since the start of 2016, more than any other commodity group in the S&P GSCI. The spot S&P GSCI industrial metals, precious metals, and agriculture indices increased less,...
