Onyx Power and Gas Consulting continues with its weekly series providing the Short-Term Energy Outlook as of June 12, 2018. This series of news articles should provide a complete insight on the current conditions of the energy…enjoy, check out archives and come back each week for additional information on how all sorts of energy sources impact our daily lives.
Renewables and Carbon Dioxide Emissions
- EIA expects the share of U.S. total utility-scale electricity generation from natural gas-fired power plants to rise from 32% in 2017 to 34% in 2018 and 2019. The forecast electricity generation share from coal averages 28% in 2018 and 2019, down from 30% in 2017. The nuclear share of generation was 20% in 2017 and is forecast to be 20% in 2018 and 19% in 2019. Nonhydropower renewables provided slightly less than 10% of electricity generation in 2017 and are expected to provide more than 10% in 2018 and nearly 11% in 2019. The generation share of hydropower was 7% in 2017 and is forecast to be about the same in 2018 and 2019.
- In 2017, EIA estimates that wind generation averaged 697,000 megawatthours per day (MWh/d). EIA forecasts that wind generation will rise to 746,000 MWh/d in 2018 and to 777,000 MWh/d in 2019. If factors such as precipitation and snowpack remain as forecast, conventional hydropower is forecast to generate 752,000 MWh/d in 2019, which would make it the first year that wind generation exceeds hydropower generation in the United States.
- After declining by 0.9% in 2017, EIA forecasts that energy-related carbon dioxide (CO2) emissions will rise by 1.1% in 2018 and by 0.2% in 2019. Energy-related CO2 emissions are sensitive to changes in weather, economic growth, energy prices, and fuel mix.
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