Gas Up, Coal And Nuclear Down In Latest Look At U.S. Power
Electricity Monthly Update; Highlights: August 2016
October 25, 2016 (U.S. Energy Information Administration)
“…Wholesale electricity prices were at or near the high end of the 12-month range at many hubs due to very high electricity demand and rising natural gas price...Net generation in the United States increased 4.4% from the previous August, as many states in the eastern half of the country experienced significantly higher temperatures compared to August 2015…[The Eastern, Western, and the ERCOT Interconnection systems that make up the U.S. electric systems] differ widely in their amount of generating capacity, energy source mix, and type of capacity actually used to produce electricity. The Eastern Interconnection had 748 gigawatts (GW) of total generating capacity in 2015. This is significantly more than the Western Interconnection at 212 GW and the ERCOT part of Texas at 98 GW…The total U.S. net generation in thousand was 410,885 MWh, an increase of 4.4%. The residential retail price was 12.90/kWh, an decrease of 0.2%. The total retail electricity sales was 375,848 MWh, an increase of 4.7%. The Henry Hub natural gas price was $2.88/mmBTU, a 1.1% increase. Natural gas consumption increased 12.0% to 1,197,948 MCF. Coal consumption decreased 0.2% to 73,951 tons. Nuclear generation decreased 1.2% to 71,526 thousand MWh…” click here for more
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