The U.S. added 31.3 gigawatts of generating capacity in 2018, the largest since the 2003 capacity addition of 48.8 gigawatts, according to a March 11 report from the Energy Information Administration. Natural gas accounted for 62% of utility-scale additions, while wind and solar photovoltaic represented 21% and 16%, respectively. Coal accounted for 69% of the 18.7 gigawatts that retired last year.
Pennsylvania accounted for almost 25% of the natural gas-fueled additions last year, while Maryland, Virginia, and Florida had a combined share of about 30%.
More than 60%of the 6.6-gigawatts of wind capacity that came online in 2018 was installed in Texas, Iowa, and Oklahoma.
California, Florida, and North Carolina together added about 60% of the 4.9-gigawatt utility-scale solar photovoltaic installations last year.
About 93% of the 4.7 gigawatts of natural gas-fired capacity retired was from steam and combustion turbine units, which are less efficient technologies that typically operate at lower capacity factors than combined-cycle units.
New Jersey was the only state to retire nuclear capacity, the 600-megawatt Oyster Creek plant that closed in September 2018
Recommended Reading
Deepwater Roundup 2024: Offshore Australasia, Surrounding Areas
2024-04-09 - Projects in Australia and Asia are progressing in part two of Hart Energy's 2024 Deepwater Roundup. Deepwater projects in Vietnam and Australia look to yield high reserves, while a project offshore Malaysia looks to will be developed by an solar panel powered FPSO.
E&P Highlights: April 1, 2024
2024-04-01 - Here’s a roundup of the latest E&P headlines, including new contract awards.
Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says
2024-03-26 - Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.
Exxon Versus Chevron: The Fight for Hess’ 30% Guyana Interest
2024-03-04 - Chevron's plan to buy Hess Corp. and assume a 30% foothold in Guyana has been complicated by Exxon Mobil and CNOOC's claims that they have the right of first refusal for the interest.
The OGInterview: How do Woodside's Growth Projects Fit into its Portfolio?
2024-04-01 - Woodside Energy CEO Meg O'Neill discusses the company's current growth projects across the globe and the impact they will have on the company's future with Hart Energy's Pietro Pitts.