Rockies Stay Strong as Electricity Generation Falls across the US
Coal Stocks Rebound, Weaker Yuan Helps Utilities and Solar
Electricity generation by region
As we saw in the previous part of this series, electricity generation in the United States dropped 4.7% to 88.7 million mWh (megawatt hours) during the week ended August 7. Electricity generation in eight out of nine census regions fell during the week.
Eastern US
All three divisions on the East Coast saw electricity generation fall during the week as warmth in the weather moderated.
The New England division saw a 251,000 MWh (or 8.5%) fall in electricity generation to 2.7 million MWh.
The Mid-Atlantic division, where utilities (XLU) like Consolidated Edison (ED) and Public Service Enterprises Group (PEG) operate, saw a drop of 922,000 MWh, or 8.8%, in electricity generation to 9.6 million mWh.
The Southeast division, the largest in the United States by electricity production, saw a plunge of 1.3 million MWh (or 5.3%) in electricity generation to 22.2 million MWh. Some of the largest utilities—like NextEra Energy (NEE) and Southern Company (SO)—operate there.
Central US
The Central Industrial division saw a fall of over 1.0 million MWh in electricity generation during the week of August 7. The division clocked electricity generation of 14.0 million MWh during the week.
Electricity generation in the West Central division fell by 648 thousand MWh, or 8.3%, to 7.2 million MWh. Electricity generation in the South Central division remained steady.
Western US
The Pacific Southwest division saw a fall of 243,000 MWh in electricity generation during the week to 6.3 million MWh. PG&E (PCG) and Southern California Edison (EIX) operate in the division. The Pacific Northwest division registered a marginal drop while the Rocky Mountain division reported a marginal rise in electricity generation—the only division to report a rise in electricity generation during the week.
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