Oil for Electric Power

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Back On The Grid

Nick Sorokin

15 episodes

3 days ago

How does the grid work? What are the barriers to making it cleaner? And who has the power to decide? Tune in each week to hear about tech, markets, and policy related to the U.S. electricity sector.

Technology

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How does the grid work? What are the barriers to making it cleaner? And who has the power to decide? Tune in each week to hear about tech, markets, and policy related to the U.S. electricity sector.

Technology

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Oil for Electric Power

Back On The Grid

14 minutes 31 seconds

1 year ago

Oil for Electric Power

When someone mentions oil, you probably think of cars, ships, planes, or plastic. But what about electric power? This episode explores where and why oil is used for electricity in the United States through a few case studies and will get you up to speed on some basic industry terms.

Timestamps:

0:00-Intro
01:00-What States Use Oil for Electric Power?
04:30-Petroleum Basics
07:00-Crude Oil Characteristics
08:15-Oil for Electric Power
09:15-New York Oil for Electricity
10:00-Issues with Oil for Power
12:00-EIA Data Trends

Sources:

Fossil Fuel Consumption for Electricity Generation by Year, Industry Type and State (EIA-906, EIA-920, and EIA-923) - https://www.eia.gov/electricity/data/state/
Miranda Wilson, E&E News, New England clean energy goals slam into oil reality (January 18, 2023)
PSE Health Energy, MA Peaker Power Plants (May, 2020)
Potomac Economics, 2023 State of the Market Report for the New York ISO Markets, (May 2024)
New York City Council, Council Votes to Expedite Phasing Out Fuel Oil Grade No. 4 in Boilers Across the City, Resulting in Cleaner Air, Especially in Environmental Justice Communities (February 2023)
EIA, ⁠Heating oil explained⁠