Coal Forecast Gas-Electric Supplies 
Green Car Congress
JUNE 17, 2022
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.
Green Car Congress
NOVEMBER 9, 2022
US distillate fuel inventories average 17% below the five-year average in the forecast for 2023. Inventories are just one part of the supply equation for diesel and other distillates. We expect notable decreases in electricity generation from natural gas and coal next year. EIA forecasts Russia will produce 9.3
Green Car Congress
JUNE 19, 2018
This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.
Green Car Congress
JANUARY 11, 2023
US oil production is the largest source of production growth in the forecast, but that growth remains uncertain because of relatively low capital investment from oil producers, EIA noted. Areas of uncertainty include Russian oil supply and OPEC production. EIA forecasts US gasoline prices to average around $3.30
Green Car Congress
APRIL 7, 2021
The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.
Baua Electric
FEBRUARY 29, 2024
Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.
Green Car Congress
JULY 21, 2021
In addition to its regional and temporal scope, this study is distinct from earlier LCA literature in four key aspects: This study considers the lifetime average carbon intensity of the fuel and electricity mixes, including biofuels and biogas. This results in significantly lower battery production emissions than in earlier studies.
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