by Alec | Jan 12, 2021 | News
Mild winter weather and the global COVID-19 pandemic drove natural gas prices in 2020 to the lowest annual average prices in several decades, averaging $2.05 per MMBtu at the national benchmark Henry Hub in Louisiana, according to EIA data. Natural gas demand for...
by Alec | Jul 15, 2020 | News
ERCOT’s 14,000 MW of remaining coal capacity could be forced into retirement, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). That is due in large part to large amount of new utility-scale solar capacity coming online,...
by Alec | Jul 1, 2020 | News
Dominion Energy has completed its 12 MW pilot offshore wind project off the coast of Virginia, consisting of two Siemens Gamesa 6 MW turbines. The project is expected to be connected to the grid later in summer, following testing. The permitting, design, installation,...
by Alec | Jun 16, 2020 | News
2019 saw the United States consume more energy from renewable power sources than coal for the first time in over 130 years, according to the EIA. This is a result of continued growth of renewables like wind and solar and continued declines in the use of coal for...
by Alec | Jun 2, 2020 | News
The number of active oil and natural gas drilling rigs in the United States reached an all-time low on May 15th, when there were 258 oil rigs 79 gas rigs, according to Baker Hughes data. Baker Hughes has been tracking rig counts since 1987. Oil rigs saw the steepest...
