The United States is on pace to become a net exporter of energy, according to new data released Tuesday by the U.S. Energy Information Association (EIA). The 2018 annual report on the U.S. energy outlook projects that the country will shift from mostly importing energy to primarily exporting it by 2022. The cause is the continued development of U.S. shale, oil and gas resources, as well as a bump in energy consumption, according to the report.
This week, the US Energy Information Agency (EIA) released a report on the carbon dioxide (CO2) emissions of each state between 2000 and 2015. The good news? CO2 emissions dropped in 41 states, with Maine taking home the prize for the greatest percentage decrease in emissions (by 25 percent). Ohio, meanwhile, showed the greatest absolute decrease, using 51.7 million fewer metric tons of CO2 emissions in 2015 than it did in 2000.
With the continued help of the production tax credit, developers in the US installed 7,017 MW of new wind capacity in 2017, bringing the country's total to 89,077 MW, the American Wind Energy Association reported Tuesday. "New wind power capacity in 2017 represented $11 billion in private investment," said Amy Farrell, AWEA's senior vice president of government and public affairs.
U.S. Sen. Lisa Murkowski, R-Alaska, today chaired a full committee field hearing at the Washington Auto Show to discuss the innovation, research, and development of advanced vehicle technologies and their impacts on our energy security and infrastructure.
3D printing’s ability to rapid iterate designs is highlighted by the US Department of Energy (DoE) in a new competition. Via the DoE the US government is sponsoring a $3 million prize competition for inventors and entrepreneurs who can accelerate the US solar industry through rapid prototyping, 3D printing, and proof-of-concept testing.
Solar energy is clean, abundant, and irritatingly inconvenient: It doesn’t work at night or on cloudy days. You can convert sunshine into electricity and store it in a battery, but that’s complicated and expensive. And much of the time, what you really want isn’t electricity but heat for tasks like cooking or warming homes. What you want, in other words, is a way to bottle the heat of the noonday sun and then uncork it on demand.
Advancements in shale technology and expansion of the United States’ pipeline network and oil export infrastructure have enabled it to export hydrocarbon resources for the first time in decades. This rapid increase in U.S. oil and gas production is transforming the global energy market. Supply has exceeded demand, slashing oil prices from over $100 a barrel to the mid-50s.
Sens. Chris Coons, D-Delaware, and Lindsey Graham, R-South Carolina; and Reps. Ben Ray Luján, D-New Mexico, and Joe Wilson, R-South Carolina, recently introduced bipartisan, bicameral legislation to establish a nonprofit foundation for the U.S. Department of Energy that would channel private-sector investments and accelerate the commercialization of innovative technologies in energy.
Based on the old studies, the United States Geological Survey has estimated that the 1002 area contains from 5 to 16 billion barrels of oil. David W. Houseknecht, a senior research geologist with the survey, said the agency was about to re-analyze the data using improved software in hopes of reducing the uncertainty of that estimate. But new studies using modern three-dimensional technology could produce even better estimates.
Consumer Energy Alliance (CEA) announced today that advancements in new technology and innovation through techniques and materials will directly have an impact on affordable energy prices in 2018. The popularity and increasing affordability of traditional energy and renewable resources, coupled with the race to optimize access to our resources and build smarter cities, is ushering in a new era for U.S. energy development.