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EIA forecasts higher U.S. heating bills this winter

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASEOctober 13, 2021 The U.S. Energy Information Administration (EIA) expects that U.S. households will spend more money on heating costs this winter and consume more energy to keep homes warm. In its Winter Fuels Outlook, EIA forecasts an increase in average heating prices this winter for all regions of the United States and all heating fuels under a wide variety of weather conditions. Compared with last winter’s heating costs, EIA forecasts U.S. households will spend 54% more for propane, 43% more for heating oil, 30% more for natural gas, and 6%…

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EIA projects increases in global energy consumption and emissions through 2050

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASEOctober 6, 2021 The U.S. Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. If current policy and technology trends continue, global energy consumption and energy-related carbon dioxide emissions will increase through 2050 as a result of population and economic…

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Media Advisory: EIA leaders discuss findings of International Energy Outlook 2021

U.S. ENERGY INFORMATION ADMINISTRATIONWASHINGTON DC 20585FOR IMMEDIATE RELEASEOctober 5, 2021 U.S. Energy Information Administration (EIA) Acting Administrator Stephen Nalley will present findings from the International Energy Outlook 2021 (IEO2021) during a virtual event hosted by the Center for Strategic and International Studies (CSIS) in Washington, DC, on October 6, at 9:00 a.m. ET. The IEO2021 presents long-term projections of world energy supply and demand by region and primary energy source, electricity generation by energy source, and energy-related carbon dioxide emissions. The full IEO2021 report and data tables will be released at the conclusion of the event. Press can register online…

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EIA releases new data on U.S. commercial buildings

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASESeptember 21, 2021 Commercial buildings in the United States are getting larger, and they more commonly include features like LED lighting and emerging technologies such as electric vehicle (EV) charging stations. According to the U.S. Energy Information Administration’s Commercial Buildings Energy Consumption Survey (CBECS), the number of U.S. commercial buildings grew 6% from 2012 to 2018, and the total floorspace of commercial buildings increased by 11%. CBECS provides building characteristics information for the estimated 5.9 million commercial buildings in the United States. CBECS data include number of buildings and floorspace by…

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EIA expects higher natural gas prices as production reductions remain following Hurricane Ida

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASESeptember 8, 2021 The U.S. Energy Information Administration expects that natural gas prices will remain higher in the coming months following Hurricane Ida. In its September Short-Term Energy Outlook (STEO), EIA forecast fourth-quarter Henry Hub spot prices to average $4.00 per million British thermal units (MMBtu), a 16% increase from its August forecast. EIA also revised its 2022 forecast of the average U.S. natural gas price to $3.47/MMBtu, a 13% increase over its previous forecast. “Hurricane Ida affected natural gas production at a time that the United States was already experiencing…

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Centrica signs strategic partnership with ENSEK to accelerate digital transformation and help position the company for growth

UK, 18th August, 2021 – Centrica plc has today signed a strategic partnership agreement with ENSEK, the leading global retail energy Software as a Service provider, which will see the company transfer over 7 million UK domestic and small business energy supply customers to the platform. Becoming one of the lowest-cost energy suppliers in the market is a key pillar of the turnaround of Centrica and moving customers to ENSEK’s Ignition platform underpins this. With the focus on delivering net zero for customers in a way which is affordable, the partnership will see Centrica scale up its offer of market-leading…

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Personnel boost at bullfinch

Climate FinTech hires all-star management team Frankfurt am Main, Germany, August 18, 2021 – bullfinch completes its management team by hiring top-level executives. Niko von Tippelskirch has been newly appointed to the executive management board and will take on the position of Chief Operating Officer (COO). Gabriele Donino has joined bullfinch as Chief Technology Officer (CTO) to lead the development of the FinTech platform, which is a key component in the financing and operations of decentralized green energy projects. bullfinch's Clean-Energy-as-a-Service technology platform bridges the gap between capital and investment opportunities. Strategic partnerships with major investors, utilities, energy hardware providers…

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U.S. large-scale battery storage power capacity increased 35% in 2020

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASEAugust 16, 2021 The United States continued a trend of significant growth in large-scale battery capacity, with U.S. battery power capacity reaching 1,650 megawatts (MW) by the end of 2020. According to EIA’s report, Battery Storage in the United States: An Update on Market Trends, U.S. battery power capacity grew by 35% in 2020 and has tripled in the last five years. EIA expects the trend to continue; utilities have reported plans to install over 10,000 MW of additional large-scale battery power capacity from 2021 through 2023. “Growth in U.S. battery…

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EIA expects 7% increase in U.S. energy-sector carbon dioxide emissions as economic activity increases during 2021

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASEAugust 10, 2021 Increased economic activity and a changing fuel mix in the electric power sector in 2021 will lead to a significant increase in energy-related carbon dioxide emissions this year, according to the U.S. Energy Information Administration’s (EIA) August Short-Term Energy Outlook (STEO). After decreasing by 11% in 2020, U.S. energy-related CO2 emissions will increase by 7% to reach 4.9 billion metric tons this year. EIA forecasts coal-related CO2 emissions will increase by 17% in 2021 because the share of U.S. electricity generated by coal has increased significantly this year.…

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Bamboo Systems Models How to Reduce Data Center Carbon Footprint with Arm Servers

Bamboo’s new whitepaper crunches the numbers on x86 powered data centers vs those utilizing Arm servers CAMBRIDGE, ENGLAND AND SAN JOSE, CA – July 13, 2021 – Bamboo Systems, a provider of revolutionary Arm-based, enterprise-classed servers architected to meet the needs of today’s software design and data center demands, today released a whitepaper “Reducing Your Data Center Carbon Footprint with Bamboo Arm Servers” which analyzes the energy used by different types of data centers. Bamboo found that an Arm server-powered data center reduces CO2 production by 74 percent, equivalent to almost half a million barrels of oil. Bamboo’s whitepaper model…

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EIA expects growth in electricity sales and generation from renewables through 2022

EIA forecasts U.S. retail sales of electricity will increase by 2.8% in 2021, led by a 5.1% increase in sales to the industrial sector. In the most recent release of our Short-Term Energy Outlook (STEO), we forecast electricity sales will also grow in the commercial sector, though at a slower rate of 2.1%, as many workers continue working from home.

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EIA expects Brent crude oil prices to stabilize then decline as global oil production increases

U.S. ENERGY INFORMATION ADMINISTRATION WASHINGTON DC 20585 FOR IMMEDIATE RELEASEJune 8, 2021 EIA forecasts in the June release of its Short-Term Energy Outlook (STEO) that global Brent crude oil prices will stabilize in mid-2021 and average about $68 per barrel (b) in the third quarter before decreasing to an average of $60/b in 2022. Brent crude oil prices averaged $68/b in May, a 25% increase from January’s average. “In the coming months, we expect global oil production to catch up with the increases we’ve seen in demand in 2021,” said EIA Acting Administrator Stephen Nalley. “U.S. and global oil producers…

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