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

  • Less natural gas consumption in Europe is keeping storage full
    on July 23, 2024 at 12:00 pm

    Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption. In 2023, natural gas consumption in the European Union's 27 member countries (EU-27) declined 18% from the previous five-year (2017–21) average according to Eurostat data. During the first five months of 2024 (January–May), consumption remained 19% below the 2017–21 average for the same months.

  • U.S. wholesale natural gas spot prices fell to record lows in first half 2024
    on July 22, 2024 at 1:30 pm

    The average monthly wholesale spot natural gas price at the U.S. benchmark Henry Hub fell by 20% to $2.56 per million British thermal units (MMBtu) between January and June of this year, according to data from Refinitiv Eikon. In January, the Henry Hub price averaged $3.18/MMBtu, then dropped to $1.49/MMBtu in March, marking the lowest average monthly inflation-adjusted price since at least 1997. In addition, prices from February through April 2024 were the lowest ever recorded for these months.

  • California residents are increasingly pairing battery storage with solar installations
    on July 18, 2024 at 12:00 pm

    California residents are increasingly pairing battery storage with solar installations, according to the latest preliminary data in our Monthly Electric Power Industry Report.

  • U.S. production capacity for sustainable aviation fuel to grow
    on July 17, 2024 at 12:00 pm

    Production capacity of sustainable aviation fuel (SAF) in the United States could increase from around 2,000 barrels per day (b/d) to nearly 30,000 b/d in 2024 if all announced capacity additions come on line. Developers expect Phillips 66's Rodeo Renewed project to produce up to about 10,000 b/d of SAF beginning this summer, and they expect Diamond Green Diesel's Port Arthur SAF project to produce about 15,000 b/d of SAF by the end of the year.

  • U.S. coal shipments declined 8% in 2023 as coal consumption fell sharply
    on July 16, 2024 at 12:00 pm

    The amount of coal transported in the United States decreased 8% in 2023, continuing a trend in which coal shipments have generally decreased over the past two decades as coal�s share of power generation has declined in the United States. The amount of coal transported to power plants, which are often located far from mines, decreased by more than half, falling from 957 million tons in 2010 to 422 million tons in 2023. Industry Headlines The latest oil and gas news from around the world.

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