Volume 18, Issue 10 | August 30, 2021

Reducing Impact with Electric Vehicles?

Electric cars, as their name implies, operate on electricity than on gasoline. This as a result, leads to no burning fuel or smog emissions. However, how is that electricity produced? Every time you plug in your electric car, fossil fuels are burned to charge it. The difference is, rather than coming straight from your car, the emissions come from a power plant far away, making them easier to ignore.

The question is, which creates more greenhouse gas emissions: gasoline or electricity? Studies have shown that even if you live in an area where electricity is produced by burning fossil fuels, emissions for an electric car over its lifetime are still around 30% lower than they are for a gas-powered car. In areas that rely more heavily on renewable energy, they can be up to 70% lower. The only place where electric car emissions aren’t lower are in areas that rely heavily on coal.

Regardless of your vehicle type, simply decreasing the amount you drive will push us towards to a cleaner and brighter future.

To learn more about how you can make an impact with WGL Energy, visit our website or call 1-833-61-GREEN (1-833-614-7336) to speak with one of our energy experts.

Source: https://www.bbc.com/news/science-environment-51977625


Editor's Note

2023 Moving Towards 2022?

Week in review for August 22 28, 2021

On Thursday, the U.S. Energy Information Administration (EIA) reported that working gas in storage as of Friday August 20, 2021 was 2,851 BCF.  This was an increase of 29 BCF from the previous week, lower than market expectations.  Inventories are now 563 BCF lower than last year at this time, and 189 BCF below the 5-year average.

Aided by hot weather and the bullish storage report, near-term prices jumped, with the 12-month NYMEX natural gas strip (Sept 21-Aug 22) up 6.8% and the PJM Western Hub ATC (7X24) 12-month strip up 4.8%.  Prices for 2022 are at a large premium to further out in the curve, but 2023 is starting to run up, especially for gas, distancing itself from 2024 & 2025.

 


Weather

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

  

 

*Feb-21

*Mar-21

Apr-21

May-21

June-21 

July-21 

Normal 

677

546

236

156

351

522

 Actual

763

435

238

119

348

492

Departure from Normal 

11%
Cooler

18%
Warmer

1%
Cooler

24%
Cooler

1%
Cooler

6%
Cooler

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.