Posts Tagged ‘Maryland’

Renewable Energy: New York Could Soon Be Green

Tuesday, April 9th, 2013

Imagine New York being powered by wind, water and sunlight instead of traditional power sources. That fantasy isn’t too far from what could be reality according to a new study led by researchers from Stanford and Cornell universities. The study cites that by 2030, only 17 years from now, New York may be able to rely on totally green energy sources for power. From the windy shores of Long Island to the sunny center of New York City itself, these places may be central in New York’s new power strategy. This plan could have a ripple effect throughout the energy community and influence more states to do the same.

Their energy goal is for the New York State Energy Research and Development Authority to support the production of about 10.4 million megawatt-hours of energy from hydro, wind, solar, biomass and landfill gas annually by 2015. The authority was 46 percent of the way to the goal at the end of last year. This in turn could lead to 30 percent renewables by 2015. This kind of progress is monumental in the field of renewable energy. Just imagine: in a New York minute, you’d be able  to get some famous New York pizza and a cup of coffee from ovens and coffee makers powered by wind or solar power!

New York isn’t the only place making green energy strides. In March, the General Assembly in Maryland passed a bill approving offshore wind turbine development. The bill itself would require electricity suppliers in Maryland to get up to 2.5 percent of their power from offshore wind as early as 2017. And it would offer a successful developer a subsidy of up to $1.7 billion over 20 years. This could be a larger step in what seems to be a bright future for green energy sources. Trade the pizza in the New York scenario for some authentic Baltimore crab cakes eaten under green energy-lit lights, because it could very well be the future.

The benefits of green, renewable energy are many. As the Union of Concerned Scientists points out, they include:

  • Little to No Global Warming Emissions - Renewable energy sources produce a negligible amount of harmful emissions compared to natural gas or coal. Increasing the supply of renewable energy would replace carbon-intensive energy sources and significantly reduce U.S. global warming emissions
  • Improved Public Health and Environmental Quality - The air and water pollution emitted by coal and natural gas plants is linked to breathing problems, neurological damage, heart attacks, and cancer. Wind, solar, and hydroelectric systems generate electricity with no associated air pollution emissions. In addition, wind and solar energy require essentially no water to operate and thus do not pollute water resources or strain supply by competing with agriculture, drinking water systems, or other important water needs.
  • A Vast and Inexhaustible Energy Supply - Throughout the United States, strong winds, sunny skies, plant residues, heat from the earth, and fast-moving water can each provide a vast and constantly replenished energy resource supply. These diverse sources of renewable energy have the technical potential to provide all the electricity the nation needs many times over.
  • A More Reliable and Resilient Energy System – Wind and solar are less prone to large-scale failure because they are distributed and modular. Distributed systems are spread out over a large geographical area, so a severe weather event in one location will not cut off power to an entire region. Modular systems are composed of numerous individual wind turbines or solar arrays. Even if some of the equipment in the system is damaged, the rest can typically continue to operate.

 

CQI Associates has green energy solutions for your business. We are an energy and sustainability management consulting firm servicing residential and commercial clients throughout the United States. To learn more, please contact CQI Associates by calling 410-740-0667 or visit our website today!

You can also follow us on FacebookTwitterLinkedIn, and Google+!

Sources:

NY Renewable Energy Study Finds New York Could Soon Be Powered By Wind, Water And Sunlight, Huffington Post

O’Malley offshore wind bill passes, The Baltimore Sun

Benefits of Renewable Energy Use, USCUSA

 

 

 

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Renewable Energy News: Current Natural Gas Supply and its impact

Friday, October 5th, 2012

The natural gas market is one of constant flux. As we will explain throughout this blog, the state of natural gas changes on a weekly basis. According to the most recent industry reports, natural gas supply is up, but demand is down.

The Current State of Natural Gas in the United States

Marketed Production Levels: United States marketed natural gas production flattened in 2012 (see graph below). This is mainly in response to historically low natural gas prices. Still, production levels remain at all-time highs. Marketed natural gas production set a record high From January to July 2012, averaging 68.9 billion cubic feet per day (Bcf/d). This represented a 5.9% increase over 2011.

Storage Levels: According to the latest reports, natural gas storage levels are at 3,576 Bcf (billion cubic feet), representing historical highs. And these highs are only expected to increase by the end of October. In fact, the U.S. Energy Information Administration (EIA) estimates inventory levels will reach 3,950 Bcf, a new end-of-October record, according to EIA’s Short-Term Energy Outlook (STEO).

Current Prices: Natural gas currently sits around $2.92 per million British thermal units (MMBtu), averaging average $2.65 per MMBtu so far throughout 2012, according to EIA’s STEO.

Demand: According to the EIA, natural gas consumption declined by 5.2% last week compared to the week before. Still, natural gas demand is up 5.1% compared to the parallel week in 2011.

What this means for you: With storage levels higher than ever and prices near historic lows, homeowners using natural gas are expected to experience reduced costs this winter.

To learn more, please contact CQI Associates by calling 410-740-0667 or visit CQIAssociates.com today!

CQI Associates is a leader in energy and environmental consulting.

As a leader in the business and residential energy market, CQI Associates manages Commercial and Residential Energy Cooperatives in Maryland, Washington DC, Delaware, and Illinois. Our goal is to provide energy and environmental management services that allow our clients to increase profitability by minimizing operating costs.

We custom-tailor our services to suit each and every customer’s unique needs, a proven method that has produced significant results. We save the average customer 8–15% on an annual basis.

You can also follow us on Facebook, Twitter, LikedIn, and Google+.

Sources:

Natural Gas Supply

Natural Gas Weekly Update

Will Natural Gas Bounce Back after its Recent Tumble?

Image Sources:

Graph 1: U.S. Energy Information Administration, Natural Gas Monthly

Graph 2: U.S. Energy Information Administration based on Bloomberg, L.P.

 

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