Sunday, March 20, 2011

Most of the electricity in the United States is produced using steam turbines.

A turbine converts the kinetic energy of a moving fluid (liquid or gas) to mechanical energy. In a steam turbine, steam is forced against a series of blades mounted on a shaft, thus rotating the shaft connected to the generator. The generator, in turn, converts its mechanical energy to electrical energy based on the relationship between magnetism and electricity.

In steam turbines powered by fossil fuels, such as coal, petroleum (oil), and natural gas, the fuel is burned in a furnace to heat water in a boiler to produce steam.

Fossil Fuels Generate Most U.S. Power

Coal is the most common fuel for generating electricity in the United States. In 2009, 45% of the Country's nearly 4 trillion kilowatthours of electricity used coal as its source of energy.

Fossil Fuels Generate Most U.S. Power

Coal is the most common fuel for generating electricity in the United States. In 2009, 45% of the Country's nearly 4 trillion kilowatthours of electricity used coal as its source of energy.

Natural gas, in addition to being burned to heat water for steam, can also be burned to produce hot combustion gases that pass directly through a turbine, spinning the turbine's blades to generate electricity. Gas turbines are commonly used when electricity utility usage is in high demand. In 2009, 23% of the Nation's electricity was fueled by natural gas.

Petroleum can be burned to produce hot combustion gases to turn a turbine or to make steam to turn a turbine. Residual fuel oil, a product refined from crude oil, is often the petroleum product used in electric plants that use petroleum to make steam. Petroleum was used to generate just over 1% of all electricity in the United States in 2009.

Nuclear Power Provides About One-Fifth of U.S. Electricity

Nuclear power is a method in which steam is produced by heating water through a process called nuclear fission. In a nuclear power plant, a reactor contains a core of nuclear fuel, primarily uranium. When atoms of uranium fuel are hit by neutrons, they fission (split) releasing heat and more neutrons. Under controlled conditions, these other neutrons can strike more uranium atoms, splitting more atoms, and so on. Thereby, continuous fission can take place, creating a chain reaction releasing heat. The heat is used to turn water into steam, that, in turn, spins a turbine that generates electricity. Nuclear power was used to generate about 20% of all the Country's electricity in 2009.

Renewable Energy Sources Make Up the Rest

Hydropower, the source for 7% of U.S. electricity generation in 2009, is a process in which flowing water is used to spin a turbine connected to a generator. There are two basic types of hydroelectric systems that produce electricity. In the first system, flowing water accumulates in reservoirs created by dams. The water falls through a pipe called a penstock and applies pressure against the turbine blades to drive the generator to produce electricity.

In the second system, called run-of-river, water is diverted from a river using a relatively low dam or weir into penstocks and turbines. The dam does not store a large volume of water in a reservoir. Run-of-river power plants are more dependent on river flows than hydro plants with reservoirs for storing water which can produce electricity even when natural river flows are low.

Biomass is material derived from plants or animals (i.e. biogenic) and includes lumber and paper mill wastes; food scraps, grass, leaves, paper, and wood in municipal solid waste (garbage); and forestry and agricultural residues such as wood chips, corn cobs, and wheat straw. These materials can be burned directly in steam-electric power plants, or converted to gas that can be burned in steam generators, gas turbines, or internal combustion engine-generators. Biomass accounts for about 1% of the electricity generated in the United States.

Wind power is produced by converting wind energy into electricity. Electricity generation from wind has increased significantly in the United States since 1970, but wind power remains a small fraction of U.S. electricity generation, about 1%.

Geothermal power comes from heat energy buried beneath the surface of the earth. In some areas of the United States, enough heat rises close to the surface of the earth to heat underground water into steam, which can be tapped for use at steam-turbine plants. This energy source generated less than 1% of the electricity in the Country in 2009.

Solar power is derived from energy from the sun. There are two main types of technologies for converting solar energy to electricity: photovoltaic (PV) and solar-thermal electric. PV conversion produces electricity directly from sunlight in a photovoltaic (solar) cell. Solar-thermal electric generators concentrate solar energy to heat a fluid and produce steam to drive turbines. In 2009, less than 1% of the Nation's electricity was from solar power.

SOURCE:

http://www.eia.doe.gov/energyexplained/index.cfm?page=electricity_in_the_united_states


Sunday, March 6, 2011

EXERCISE YOUR POWER TO CHOOSE:
Competition is back. Learn how your business can benefit.
Beginning in 2010, more California businesses can benefit from the lower costs and innovative products that electric competition brings to the market through Direct Access. Choose your Electric Service Provider (ESP) wisely.

History of California Direct Access:
Retail electric choice was first introduced in 1998 when California passed a bill allowing all customers to participate in Direct Access (DA). Under DA, customers were no longer obligated to purchase energy supply solely from local utilities - they had the power to compare offers from many ESP's. In September 2001, the California Public Utility Commission suspended Direct Access and businesses, with the exception of commercial and industrial customers with existing supplier contracts, were only able to purchase energy from their local utility.

Direct Access Returns to California:
With the 2009 passage of Bill 695, all California businesses can once again participate in the competitive retail electricity market. Switching to an ESP can save your business money and help you manage your cash flow. The number of customers who can qualify for California Direct Access is limited and determined on a first-come, first-serve basis. New load will become eligible for DA every year between 2010 and 2013 through annual Enrollment Windows, but the new load is still relatively small and in high demand. Businesses that want to take advantage of DA must act as soon as possible to guarantee their power to choose.

Sunday, January 16, 2011

US Natural Gas Prices: The Henry Hub spot price averaged $4.25 per MMBtu during December, an increase of about 54 cents form November's price of $3.71 per MMBtu. EIA expects the higher forecast production during the first half of 2011 compared with the same period last year, combined with a decline in consumption, to moderate natural gas spot prices. The projected spot price falls to a low of $3.73 per MMBtu in June then rises to $4.61 in December, averaging $4.02 per MMBtu for all 2011, which is $0.37 per MMBtu lower than the 2010 average and $0.31 per MMBtu lower than previous forecast. In 2012, the spot price rises to an average of $4.50 per MMBtu.

Uncertainty over future natural gas prices is slightly lower this year compared with last year at this time. Natural gas futures for March 2011 delivery (for the 5-day period ending January 6) averaged $4.39 per MMBtu, and the average implied volatility over the same period was 43 percent. This produced lower and upper bounds for the 95-percent confidence interval for March 2011 contracts of $3.21 per MMBtu and $6.02 per MMBtu, respectively. At this time last year, the natural gas March 2010 futures contract averaged $5.73 per MMBtu and implied volatility averaged 57 percent. The corresponding lower and upper limits of the 95-percent confidence interval were $3.88 per MMBtu and $8.47 per MMBtu.

US Electricity Retail Prices: EIA expects the US retail price for electricity distributed to the residential sector during 2010 to average 11.6 cents per kilowatt-hour, about the same level as in 2009. EIA expects the US residential price to increase only slightly over the forecast period--by 0.6 percent in 2011 and by 1.0 percent in 2012.

Sunday, March 21, 2010

New Energy Choices

New York and New Jersey offer choices in suppliers for energy. Competitive prices, options and services are available to you. Your choice is between an Energy Service Company (ESCO) or the Utility. It is important that you know your options, cost and the value that each company offers. Knowledge is power and saves you time and money.

Deregulation: Energy Competition
Electric and Natural Gas utilities no longer have a monopoly on the energy markets

Energy Service Companies (ESCO's) are now a valued added option. They offer new products and services, and usually give a better value for your energy dollar.

The Utilities are still responsible for delivering electricity and gas to your business via their existing wires and pipes.

The is power is choice.

Energy updates every week.