article thumbnail

EIA expects significant increases in US wholesale electricity prices this summer

Green Car Congress

The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

Price 476
article thumbnail

Rising gas prices influence Tesla and electric car purchases: survey

Teslarati

There are numerous factors to consider when one is looking to purchase an electric car. As the results of a March 2021 survey shows, rising gas prices are also an apparent factor for consumers when they are deciding to purchase an electric vehicle. . this week , the highest since 2014. . Credit:CarGurus.

article thumbnail

EIA: record US natural gas demand this winter led to largest storage withdrawal in four years

Green Car Congress

Net withdrawals of natural gas from US storage totaled 2,264 billion cubic feet (Bcf) this winter (November 2021 through March 2022). During the heating season, natural gas must be drawn from storage to meet this excess of demand over supply. On average, demand for natural gas in the United States exceeded supply by 14.9

Gas 273
article thumbnail

EIA expects a 2.4% increase in total US electricity consumption in 2022

Green Car Congress

The US Energy Information Administration (EIA) expects US electricity consumption this year to increase 2.4% According to the agency’s August 2022 Short-Term Energy Outlook (STEO), growth in renewable energy will meet most of the increased electricity demand this year. EIA expects US residential electricity prices will be 6.1%

article thumbnail

Argonne report on characteristics of light-duty plug-in electric vehicles in US

Green Car Congress

A new report from a team at Argonne National Laboratory examines the changing characteristics for light-duty plug-in electric vehicles (PEVs) from 2010-2021, evaluating range, energy efficiency, costs, and performance. million PEVs have been sold in the United States through December 2021, with 1.3 More than 2.1 Gohlke et al.

Plug-in 284
article thumbnail

EIA: US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years

Green Car Congress

In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to the US Energy Information Administration (EIA) Monthly Energy Review.

2020 418
article thumbnail

Cintas orders 30 additional electric delivery vans from Motiv Power Systems

Green Car Congress

Motiv Power Systems announced a new vehicle order from Cintas for 30 additional advanced zero-emission all-electric delivery vans. Motiv’s expanded relationship with Cintas follows the successful pilot of seven Motiv-powered vehicles across three states in 2022. Earlier post.)

Power 423