Electricity demand increases in the Southeast division
Analyzing the US power sector for the week ending December 19 (Part 5 of 7)
Electricity production by divisions
The US is divided into nine divisions. The Edison Electric Institute, or EEI, provides weekly electricity production data for these divisions. The weekly electricity output and week-over-week change in production levels can be seen in the following chart.
Divisions with highest production growth
For the week ending December 12, the Southeast division saw the biggest growth in week-over-week electricity production in the US. Electricity production in the division grew by 11.4%—compared to production levels in the previous week.
Electricity demand increased in the region. It had positive week-over-week growth in electricity production levels after two weeks of decreased production. The Southeast division also produced the highest electricity across all of the divisions. For the week ending December 12, the Southeast division produced 19,778 thousand megawatt hours.
NextEra Energy (NEE) and Duke Energy (DUK) are major power companies in the Southeastern division of the US.
Production in other divisions
After the Southeast division, the Rocky Mountain division and the New England division had the best week-over-week growth in electricity production for the week ending December 12. Northeast Utilities (NU) and Xcel Energy (XEL) operate in the New England and Rocky Mountain divisions. Both of the companies are part of the Utilities Select Sector SPDR (XLU).
Electricity production in the Pacific Northwest division was down 14% week-over-week. The Mid-Atlantic and South Central divisions saw a marginal fall in production for the week ending December 12—compared to the previous week.
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