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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand in 2017. thousand terawatt-hours in 2018, up from 6.4

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Natural gas overtakes coal as the largest fuel for US electricity generation. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants. In 2040, natural gas accounts for 35% of total electricity generation, while coal accounts for 32%. US exports of LNG increase to 3.5 Tcf in 2040.

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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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shale oil) combined with the development of offshore Gulf of Mexico resources are projected to push domestic crude oil production to 6.7 In recent years, the US electric power sector’s historical reliance on coal-fired power plants has begun to decline. million barrels per day in 2007 to 5.5 million barrels per day in 2010.

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