Cinco Energy's Top 5 Monthly Metrics - September 2023

What were the most interesting data points in the energy industry last month?

Find out in our latest edition of CINCO's Monthly Metrics.

416.3: Current crude oil stockpiles (in MMbbl), representing the lowest total since January 2022. US Crude Oil Inventories Fall to Lowest Level of 2023 

3,518: Texas’ current battery storage capacity, in MW. More than 10,000 MW is expected to be online in 2024. Batteries Added to Power Grid This Summer May Have Helped

$1.8T: The expected amount, in trillions, of total clean energy investments in 2023. The annual spending will need to increase to $4.5 trillion by 2030 to meet climate objectives, per the IEA. Net Zero is Still Possible But Clean Energy Spending Must Go Faster

870,000: The total acres of federal land designated for solar energy development. BLM Solar Energy Latest Updates