U.S. consumption of natural gas to increase: EIA

0
30

HOUSTON, April 12 (Xinhua) — The U.S. Energy Information Administration (EIA) forecast in a report on Tuesday that the consumption of natural gas within the nation will common 84.1 billion cubic ft per day (Bcf/d) in 2022, up 1 p.c from 2021.

In its April’s Short-Term Energy Outlook (STEO), EIA mentioned the rise is a consequence of colder forecast temperatures in 2022 in contrast with 2021, which leads to extra consumption within the residential and business sectors.

In addition, the U.S. industrial sector will devour extra natural gas in 2022 in response to increasing financial exercise, mentioned the report in its month-to-month forecast.

The U.S. natural gas consumption will common 84.7 Bcf/d in 2023, the report forecast.

U.S. LNG exports averaged 11.9 Bcf/d final month, a rise of 0.7 Bcf/d from February, mentioned the report, anticipating excessive ranges of U.S. LNG exports to proceed in 2022, averaging 12.2 Bcf/d for the 12 months, a 25 p.c enhance from 2021.

U.S. dry natural gas manufacturing will common 97.4 Bcf/d, 3.8 Bcf/d greater than in 2021, mentioned the report, forecasting a mean of 100.9 Bcf/d in 2023.

However, the annual share of U.S. electrical energy technology from natural gas will fall from a 37 p.c share in 2021 to 35 p.c in each 2022 and 2023, mentioned the report, whereas forecasting that the share from renewable power sources to rise from 20 p.c in 2021 to 22 p.c in 2022 and 23 p.c in 2023, because of this of persevering with will increase in photo voltaic and wind producing capability.

Increasing renewable technology may even lead to the decline of coal’s share of technology from 23 p.c in each 2021 and 2022 to 21 p.c by 2023, mentioned the report, including that nuclear technology stays comparatively fixed within the forecast at a mean share of 20 p.c within the nation.

U.S. energy-related carbon dioxide (CO2) emissions elevated by greater than 6 p.c in 2021 as financial exercise elevated and contributed to rising power use, mentioned the report, anticipating a 2 p.c surge in energy-related CO2 emissions in 2022, primarily from rising transportation-related petroleum consumption.

EIA is a statistical and analytical company throughout the U.S. Department of Energy.



Source link