Volume 18, Issue 4 | February 8, 2021

New Records Set for Electricity Generation from Wind

Wind power now the predominant renewable electricity source

 
Back in April 2019, U.S. daily electricity generated from wind turbines reached 1.42 million MWh, a record until a few days in the last two months of 2020 toppled it. On December 23, 2020, 17% of the total electricity generation for the day or 1.76 MWh came from wind turbines. The U.S. Energy Information Administration (EIA) estimated that overall, 9% of electricity was produced by wind during 2020.
 
In recent years, as wind turbine production has been increased, so has the generation of electricity from wind. Robust wind conditions specifically in the central U.S. have contributed to increased turbine yield. And in 2019, wind power became the predominant U.S. renewable electricity generation source replacing hydropower. In fact, the U.S. Energy Information Administration’s Short-Term Energy Outlook predicts that wind will exceed hydropower in every month of 2021 and 2022.
 
If you are interested in powering your home or business with renewable energy solutions like wind, WGL Energy offers a variety of wind power products, depending on where you are located and where the wind power is sourced. All of our wind power products are Green-e® Energy certified, which is your assurance that our products meet the environmental and consumer protection standards set forth by the nonprofit Center for Resource Solutions (CRS), the trusted global leader in clean energy certification.
 
For more information about renewable energy solutions, call WGL Energy at 1-844-4ASK-WGL or visit our website at wglenergy.com.
 
Source:
U.S. Energy Information Administration (2021, February). Today In Energy. Retrieved February 3, 2021, from https://www.eia.gov/todayinenergy/detail.php?id=46617# 
 


Editor's Note

Forecasts Warmer Then Cold

Weekly review for January 31 - February 6, 2021

 
On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday, January 29, 2021 was 2,689 BCF.  This was a decrease of 192 BCF from the previous week. Inventories are now 41 BCF higher than last year at this time, 198 BCF above the 5-year average.
 
Energy markets, especially natural gas, were up this week.  After initially dipping as weather forecasts warmed for near term period, colder forecasts especially for days around 2/12/2021 eventually drove the market up. The NYMEX natural gas 12-month strip (Mar21-Feb22) ended up 5.6% and the PJM Western Hub 12-month strip was up 2.5%.
 
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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.


Weather

Washington, D.C. Area Cooling/Heating Degree Days

  

 

Aug-20 

Sep-20 

Oct-20 

**Nov-20 

**Dec-20 

**Jan-21 

Normal 

 450

 260

56

 467

669

848

 Actual

 453

 187

32

 321

731

819

Departure from Normal 

1%,
Warmer 

28%,
Colder 

43%,
Colder 

31%,
Warmer 

9%,
Colder 

3%,
Colder 

Cooling degree day (CDD) 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 below 65, there are no cooling degree days that day. If the day’s average temperature is greater than 65 degrees, then subtract 65 from the average temperature to find the number of cooling degree days.

**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.