EIA

Oct162024

DOE Winter Fuel Outlook Projects Colder Winter for Gas Utilities Hampered by Past Warm Winters

The Energy Information Administration’s (EIA) Winter Fuels Outlook predicts steady heating costs for most US households due to colder temperatures and stable gas prices. This rising demand should help balance the impact of lower gas prices on revenues for Natural Gas providers. Heating expenditures in the Midwest are expected to rise by 11% for gas…

Aug292024

News

Wind Generation in the US Falls for the First Time Since the 1990s

According to the EIA, electric generation from wind turbines has decreased for the first time since the mid-1990s in 2023, despite the addition of 6.2 GW of wind capacity. This has resulted in an eight-year low-capacity factor for the wind turbine fleet of 33.5%. Several factors have contributed to this decline, including the wind…