« Shareholder urges Cash America to buy shares, spin off unit | Main | Majority stake in the Arlington Highlands sold to Boston-led equity group »

01/10/2013

Electricity use in most of Texas declined in 2012

The Electric Reliability Council of Texas, which serves about 85 percent of the state's demand, said Thursday that total electricity use across its system fell 2.7 percent last year compared to 2011, the state's hottest year on record. In 2011, ERCOT's electricity demand jumped nearly 5 percent. Those figures compare to average annual growth of about 2 percent in recent years, ERCOT said. ERCOT said it saw decreases in six months last year.

Natural gas widened its lead over coal as the No. 1 fuel for electricity generation, accounting for 44.6 percent of  the power provided. That's nearly 11 percentage points more than coal's 33.8 percent, and compared to a difference of just 1.4 percentage points in 2011 and a second-place ranking behind coal in 2010. Nuclear held steady at 11.8 percent of power provided in 2012, following by wind at 9.2 percent, hydroelectric at 0.1 percent and other fuels at 0.5 percent.

Nationally, electricity demand has been sagging in recent years, according to a recent Wall Street Journal report. It reported that "electricity production in the U.S. fell in 2008 and 2009, amid the recession, then ticked up slightly in 2010 before falling again in 2011."

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c2cc953ef017c358fbe2e970b

Listed below are links to weblogs that reference Electricity use in most of Texas declined in 2012:

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

The comments to this entry are closed.

-->

Category Cloud

Blog powered by TypePad
Member since 01/2007