Volume 16, Issue 12 | April 8, 2019

Why Renewable Energy Matters

Benefits for the environment and beyond

 

Environmental benefits are commonly touted as a key impact of using renewable energy. After all, around a quarter of all carbon emissions come from electricity generated from burning fossil fuels, such as coal and natural gas. But renewable energy’s impact extends well beyond its environmental benefits.

 

Diversifying your energy supply will reduce your dependence on foreign fuel imports, notably petroleum. In 2017, U.S. domestic energy product was equal to about 90% of total energy consumption. Achieving energy independence means investing more on domestically-generated power, with more of that money going primarily to U.S.-owned energy producers.

A commitment to renewable energy will also help increase global GDP by creating jobs. Solar and wind industries are creating jobs at a rate 12 times faster than the rest of the U.S. economy, according to a report by the Environmental Defense Fund and Meister Consultants Group.

The renewable energy sector is growing rapidly, fueled by declining technology costs and increased demand. Businesses and homeowners alike are turning to renewable energy options as part of committing to a cleaner environment and supporting our economy. 

Learn about the renewable energy options to help your business at wglenergy.com or call 1-844-4ASK-WGL to speak with one of our energy experts.

 

Sources:
U.S. Energy Information Administration (2016). Electricity Explained. Retrieved March 27, 2019, from: http://www.eia.gov/energyexplained/index.cfm?page=electricity_in_the_united_states

Environmental Defense Fund Climate Corps (2018). Now Hiring: The Growth of America’s Clean Energy & Sustainability Jobs. Retrieved March 27, 2019, from http://edfclimatecorps.org/sites/edfclimatecorps.org/files/the_growth_of_americas_clean_energy_and_sustainability_jobs.pdf

U.S. Energy Information Administration (2018). The United States uses a mix of energy sources. Retrieved March 27, 2019 from https://www.eia.gov/energyexplained/?page=us_energy_home


Editor's Note

Spring Ushers In Warmer Temperatures

Weekly review for March 31 - April 6, 2019

 

On Friday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, March 29, 2019 was 1,130 BCF. This is an increase of 23 BCF from the previous week. Inventories are currently 228 BCF lower than last year during this same period and 505 BCF below the 5-year average of 1,635 BCF.

A slightly warmer than normal weather pattern will be in place for the next week across the PJM region, with normal temperatures set to return in the back half of the 15-day forecast.  

Power prices have not been significantly affected by the current outage season up to now and PJM has been able to effectively manage any congestion issues from system outages thus far.

Both power and gas have decreased this week. The PJM Western Hub 12 Month curve lost 0.5% and the NYMEX natural gas 12-month curve fell 1.7%.     

 

This past week's market information is provided as a courtesy to our customers and is not indicative of, nor should be relied upon, as representative of future transactions.

 


Energy Management

Energy Efficiency Tips for Restaurants

These tips can help you manage the unique energy needs of your restaurant

 

 

Cafés, restaurants and institutional kitchens use about five to seven times more energy per square foot than other commercial buildings. These tips from ENERGY STAR® can help you manage the unique energy needs of these facilities more efficiently.

  1. Develop an Energy Management Plan
    Develop an optimal energy plan to help your restaurant control costs and transform energy into a manageable resource. A trusted energy partner, such as WGL Energy Services (WGL Energy), has seasoned advisors who will analyze your load profile and business objectives. The data from this analysis will be used to develop a custom energy solution designed to meet your needs.
  2. Assess Equipment
    Repair and fix equipment in the kitchen that can drain energy, such as leaks or doors
    that don’t shut completely on refrigerators. Consider purchasing ENERGY STAR® certified
    equipment to enhance energy conservation and decrease operating costs.
  3. Cut Idle Time
    Implement a shutdown/startup plan for equipment so it is only running when it is in use. Having a shutdown/startup plan will help provide a guideline for use that can be followed by employees to conserve energy and costs.
  4. Use Lighting Efficiently
    Install dimmers and sensors for both LEDs and CFLs and avoid leaving exterior lighting on during daylight hours. Lights left running drain resources and lead to more burned-out bulbs. Dimmers and sensors promote energy conservation and provide potential cost savings.

If you’re looking for ways to maximize your energy usage or learn more about clean energy solutions for your restaurant, visit wglenergy.com or call 1-844-4ASK-WGL to speak with one of our energy experts.


Weather

Local Heating Degree Days*

 


Washington, D.C. Area Heating Degrees Days* 

 

Oct - 18

Nov - 18

Dec - 18

Jan- 18

Feb - 18

 Mar - 19

 Actual

195.5 

555.5 

 671.5

864

641

 

 Normal

196

465 

 758

864

715

 

 Departure from Normal

 0%

19% 

         -11%

0%

-10%

 

 Neutral

 Colder

Warmer 

Normal

Warmer

 

*Heating degree day (HDD) data is for the Washington, D.C. area and is calculated by comparing the day’s average temperature to a 65-degree baseline. If the day’s average temperature is above 65, there are no heating degree days that day. If the day’s average temperature is less than 65 degrees, then subtract that average temperature from 65 to find the number of heating degree days.