At the moment is Monday, July 22, 2024.
The June 2024 version of the U.S. Power Info Administration’s (EIA) Month-to-month Power Evaluation has simply been launched.
This almost 300-page (!) report, generally known as the MER, is the first supply of U.S. power statistics: power manufacturing, consumption, shares, commerce, and costs; overviews of oil, pure gasoline, coal, electrical energy, nuclear energy, and renewable power; carbon dioxide (CO2) emissions; and conversion tables.
A fertile supply for information scientists, MER has the next construction:
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Power Overview
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Power Consumption by Sector
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Petroleum
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Pure gasoline
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Growth of crude oil and pure gasoline assets
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Coal
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Electrical energy
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Nuclear power
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Power Costs
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Renewable power
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Atmosphere (principally about CO2 emissions)
Listed below are some highlights, primarily based on Carbon Credit score Markets’ personal evaluation of MER tables and figures:
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2023 was the primary yr in U.S. historical past that extra energy was generated from renewable sources than from coal. See Determine and Desk 1.3 Major Power Consumption. And 2024 follows the identical development. The US defines renewable power as typical hydroelectric energy, wooden, waste, geothermal, photo voltaic and wind.
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CO2 emissions from U.S. energy era final yr have been 4.793 billion metric tons, down 20 % from the 2007 peak of 6.007 billion. In different phrases, the 2023 emissions stage is equal to 40 years in the past. See Desk 1.7.
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Within the US, “heating degree days” (heating diploma days) has been reducing steadily over time, with 2023 being about 30% lower than in 1950. “Heating degree days” are a measure designed to quantify the power demand wanted to warmth a constructing, primarily based on colder outdoors temperatures. See Desk 1.11.
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When it comes to capability issue, an indicator of provide reliability, nuclear is tough to beat, sometimes above 90%. Wind and hydro are round 30%, whereas photo voltaic is 20%. Particularly, capability issue is a ratio of precise electrical energy manufacturing over a given time frame to the theoretical most. See Desk 7.8.
The MER additionally has some fascinating annexes, reminiscent of Electrical Automobile Charging Infrastructure, indicating numbers and traits for the various kinds of charging stations: 148k (2021), 168k (2022), 185k (2023) and 192k (Might 2024)
Right here is the June 2024 MER for obtain.
MER Month-to-month Power Evaluation June 2024
Obtain PDF • 10.33MB
EIA also publishes the Short-Term Energy Outlook (STEO).
The May 2024 edition stated “by 2025, we expect solar generation to surpass hydroelectric for the first time in history.”
And the July 2024 edition with even more insights:
“Solar power is the fastest-growing source of electricity in the United States. We expect 36 billion kilowatt-hours (BkWh) more electricity to be generated in the United States from solar power in 2H24 than in 2H23, an increase of 42%.”
“While natural gas will continue to be the largest source of electricity generation in the U.S., we expect 21 BkWh, or 2%, less natural gas generation in 2H24 than in 2H23. This expected decline is due to more generation from renewable sources…”
Click on the image below to view the May press release and below to download the July issue of STEO.
STEO Short-Term Energy Outlook, July 2024
Download PDF • 3.34MB