Energy Update

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As energy demand surges, largely due to crypto mining facilities, data centers and industrial electrification, Texas officials are looking at how to increase supply and shore up the grid.

A new report finds 24 states have yet to establish an “energy-efficiency resource standard," which has been shown to curb demand, lower costs, and reduce emissions.

The nation put up 357 gigawatts of solar and wind, a 45% and 18% increase, respectively, over what was operating at the end of 2023, according to China's National Energy Administration.

Pennsylvania Gov. Josh Shapiro said he worked with PJM to lower the capacity auction price cap – from over $500/MW-day to $325/MW-day.

(Mon, 16 Dec 2024) We released a list of our notable accomplishments for 2024, highlighting our products and programs from this year.

(Tue, 10 Dec 2024) This report about education buildings describes results from an exploratory, web-only survey that was conducted to learn about changes to commercial buildings following the COVID-19 pandemic.

(Thu, 17 Oct 2024) Argentina's energy sector relies mainly on fossil fuels, especially natural gas and oil. In 2022, 47% of the country's energy production came from natural gas, and the natural gas share of primary energy consumption was 49.5%. Argentina’s global share of natural gas consumption was 1.15%. Oil accounted for 42.8% of total energy production and 40.4% of primary energy consumption.

(Thu, 10 Oct 2024) Iran holds some of the world’s largest oil and natural gas reserves, and crude oil and natural gas production growth remains limited because of international sanctions and underinvestment. However, Iran’s crude oil production increased after 2020 after global oil demand returned to pre-COVID-19 levels and China began to import more discounted crude oil from Iran.

(Wed, 09 Oct 2024) This report fulfils Section 4 of the Stop Harboring Iranian Petroleum Act, or the SHIP Act, which requires the Administrator of the U.S. Energy Information Administration to submit a report describing “Iran’s growing exports of petroleum and petroleum products” to the appropriate congressional committees.

(Thu, 12 Sep 2024) We recently implemented a new model for forecasting crude oil and natural gas production from the U.S. Federal Offshore Gulf of Mexico (GOM) in the <em>Short-Term Energy Outlook</em> (STEO). In our latest outlook, we forecast that GOM production will remain relatively flat with new fields offsetting the natural production declines from existing fields.

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