The history of oil production in the United States
The United States has played a significant role in global oil production, contributing 17% since 1900, with Texas being a major player, accounting for one-third of the nation’s oil production. Technological advancements like hydraulic fracturing and horizontal drilling led to record U.S. oil production in the 2010s, making the country the world’s largest oil producer and a net oil exporter.
Watch the history of waste-to-energy power plants in the United States
Waste-to-energy (WTE) plants in the US burn municipal solid waste to generate electricity, contributing less than one percent of the total. Initially developed due to landfill space scarcity, the renewable classification is disputed due to non-biogenic waste. Few new facilities have been built since the 1990s due to opposition, high costs, and increased focus on recycling and waste reduction.
Where are the world’s most valuable electricity companies?
Electricity plays a crucial role in modern society, constituting 21% of energy use in the EU in 2022 and expected to grow due to initiatives in transportation and heating. The 220 largest electricity companies globally represent about 3% of the total market cap of publicly traded companies. This industry is highly concentrated, with just five companies holding 20% of the market cap.
Explore the world’s hydropower plants in 2022
Hydropower, a pioneer in grid-scale electricity generation since the late 19th century, now provides 17% of global electricity, surpassing nuclear, wind, solar, bioenergy, and geothermal combined. While the US and Europe have well-established capacity with limited room for expansion, China, India, Africa, and South America are developing new projects to meet rising electricity demand and reduce greenhouse gas emissions.
Where are the world’s most valuable oil and gas companies?
Oil and natural gas make up 55% of global energy use, with the top 350 companies holding a combined market cap of $7.2 trillion, comprising 7% of the world’s largest companies. State-owned enterprises control 90% of the world’s crude oil reserves. Just 8 companies hold 50% of the market cap.
The history of natural gas production in the United States
Approximately 4934 trillion cubic feet of gas have been produced globally since 1900, with the United States contributing around 30%. Texas and Louisiana account for over half of US natural gas production. The introduction of fracking led to a significant increase in production, making the US a major exporter.
How has the technology of hydropower changed since 1898?
Hydropower plants utilize different technologies to generate electricity. Impoundment facilities use a dam to create a reservoir, releasing water through turbines. Run-of-river plants channel river water to generate power while pumped storage hydropower stores energy by moving water between reservoirs of different elevations. Each technology has its advantages and impacts on the environment and infrastructure.
What are capacity factors and why are they important?
The capacity factor is a crucial measure for electricity generation. It represents the ratio of actual electrical energy production to the maximum possible output over a specific period. Nuclear plants lead with a 90%+ factor, while renewable sources like wind and solar struggle due to intermittency. New challenges arise with climate change impacting demand and production patterns.
Watch the history of biopower plants in the United States
Biomass generates electricity, or biopower, from sources like wood, agricultural residues, and urban waste. In the US, it accounts for 1.2% of electricity.
Watch the history of pumped storage hydropower in the United States
Pumped storage plants for hydroelectric power in the United States were primarily built between 1960 and 1990. There have been no new projects since 2012, but three new ones have been proposed, potentially adding 2.6 GW to the existing 22 GW capacity. The largest facility is the Bath County Pumped Storage Station in Virginia, with 2.9 GW.