In-brief analysis
Aug 19, 2024
According to our latest Preliminary Monthly Electric Generator Inventory, developers and power plant owners added 20.2 gigawatts (GW) of utility-scale electric generating capacity in the United States during the first half of 2024. This new capacity is 3.6 GW (21%) more than the capacity added during the first six months of 2023. Based on the most recently reported data, developers and owners expect to add another 42.6 GW of capacity in the second half of the year.
In-brief analysis
Aug 16, 2024
Data source: U.S. Energy Information Administration, Liquefaction Capacity File, and trade press
Note: Map current as of August 2024. LNG=liquefied natural gas; Bcf/d=billion cubic feet per day
The developer of the first liquefied natural gas (LNG) export facility in Mexico shipped an initial cargo this month, with the LNG sailing via the Panama Canal to Mexico’s LNG import terminal in Baja California Sur. Developer New Fortress Energy produced the LNG aboard an offshore Floating LNG (FLNG) production vessel with a capacity to liquefy up to 0.199 billion cubic feet per day (Bcf/d) of natural gas—one of two FLNG production units that are part of the Fast LNG Altamira export project on the east coast of Mexico. U.S. natural gas delivered via the Sur de Texas-Tuxpan pipeline supplies the project.
In-brief analysis
Aug 15, 2024
Data source: China National Bureau of Statistics, China General Administration of Customs, and Bloomberg L.P.
Note: We define apparent demand as refinery production plus imports minus exports.
Our estimates of diesel consumption in China totaled 3.9 million barrels per day (b/d) in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for any month since July 2021.
In-brief analysis
Aug 14, 2024
Data source: S&P Global Commodity Insights, China National Bureau of Statistics, and China Energy Statistical Yearbooks
Note: Industrial consumption includes natural gas feedstock. Other includes district heating and transport.
In 2023, 7%, or 2.6 billion cubic feet per day (Bcf/d), more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.
In-brief analysis
Aug 13, 2024
This TIE was updated August 14, 2024 to correct the units.
Electricity generation from wind established a new record in the United States in April, and wind generation exceeded coal-fired generation in both March and April, data from our July 2024 Monthly Energy Review show.
In-brief analysis
Aug 12, 2024
Data source: Evaluate Energy
Global proved crude oil and natural gas reserves held by 175 publicly traded global exploration and production (E&P) companies increased by 2.0 billion barrels of oil equivalent (BOE) in 2023, or about 1%, according to data from the companies’ annual financial reports.
In-brief analysis
Aug 8, 2024
Uranium miners in the United States produced more than 82,000 pounds of uranium concentrate in the first quarter of 2024, more than in all of 2023. Domestic uranium mines produced 50,000 pounds of…
Read More: Today in Energy – U.S. Energy Information Administration (EIA)