Onyx Power and Gas Consulting continues with its weekly series providing the Short-Term Energy Outlook as of December 11, 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 average U.S. solar generation will rise from 212,000 megawatt hours per day (MWh/d) in 2017 to 268,000 MWh/d in 2018 (an increase of 27%) and to 303,000 MWh/d in 2019 (an increase of 13%). In recent years, the industry has seen a shift from fixed-tilt solar PV systems to tracking systems.. Although tracking systems are more expensive than fixed-tilt systems, revenue from the additional electricity generated by following the path of the sun across the sky often exceeds the increased cost.
- After declining by 0.8% in 2017, EIA forecasts that U.S. energy-related carbon dioxide (CO2) emissions will rise by 3.0% in 2018. This increase largely reflects more natural gas consumption in 2018 for heating during a colder winter and for electric generation to support more cooling during a warmer summer than in 2017. EIA expects emissions to decline by 1.2% in 2019 because it forecasts that temperatures will return to near normal. Energy-related CO2 emissions are sensitive to changes in weather, economic growth, energy prices, and fuel mix.
The professional consultants at Onyx Power & Gas Consulting are always ahead of the current issues that may affect energy consumption and pricing. Now is the time to partner with an Onyx professional consultant to discuss energy management and secure energy prices based on today’s stable pricing. Volatility in the energy markets makes it too precarious to take chances. Partner with Onyx Power & Gas in Making Energy Make a Difference!