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Today in Energy Short, timely articles with graphics on energy facts, issues, and trends.

  • Coal and natural gas plants will account for 98% of U.S. capacity retirements in 2023
    on February 7, 2023 at 1:00 pm

    In 2023, operators plan to retire 15.6 gigawatts (GW) of electric-generating capacity in the United States, mostly natural gas-fired (6.2 GW) and coal-fired (8.9 GW) power plants, according to our Preliminary Monthly Electric Generator Inventory.

  • More than half of new U.S. electric-generating capacity in 2023 will be solar
    on February 6, 2023 at 1:00 pm

    Developers plan to add 54.5 gigawatts (GW) of new utility-scale electric-generating capacity to the U.S. power grid in 2023, according to our Preliminary Monthly Electric Generator Inventory. More than half of this capacity will be solar power (54%), followed by battery storage (17%).

  • Domestic renewable diesel capacity could more than double through 2025
    on February 2, 2023 at 1:00 pm

    U.S. production capacity for renewable diesel could more than double from current levels by the end of 2025, based on several announcements for projects that are either under construction or could start development soon.

  • U.S. proved reserves of crude oil increased significantly in 2021
    on February 1, 2023 at 1:00 pm

    In 2021, U.S. proved reserves of crude oil and lease condensate increased 16% from 2020, totaling 44.4 billion barrels, according to our recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. Proved reserves decreased 19% in 2020 because of pandemic-related constraints on crude oil demand and production. In 2021, however, demand for petroleum and natural gas returned, prices rose, and proved reserves increased.

  • U.S. natural gas consumption reached record daily high in late December 2022
    on January 31, 2023 at 1:00 pm

    On December 23, 2022, natural gas consumption in the U.S. Lower 48 states reached a daily record high of 141.0 billion cubic feet (Bcf), according to estimates from S&P Global Commodity Insights. The previous record was 137.4 Bcf, set on January 1, 2018. Below-normal temperatures in mid- to late December increased demand for natural gas used for residential and commercial space heating and electric power generation. At the same time, natural gas production quickly fell because of mechanical issues caused by the cold temperatures. Industry Headlines The latest oil and gas news from around the world.

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