Know about the energy market of the U.S.A
The United States of America is a leader in the production and supply of power, and is one of the world's largest utility consumers across the globe. The utility industry is the third largest industry in the world and you can find an extensive set of offers available here for the consumers benefit. Apparently, you can say that the utility market here is very much consumer oriented as they are provided with the power to Compare Electricity Rates and shop. Below are few of such facts related to the utility market of the United States of America.
They are as follows:
Learn about more such facts and figures about the energy market in the United States. If you're a resident you can a lot more to learn about this variant utility market and get a power packed offers to shop from for powering up your homes and offices. Compare Electricity Rates and get the best deal from the Electricity Provider here.
They are as follows:
- In the United States of America the majorly used energy sources are natural gas, coal, petroleum oil, nuclear and the renewable power.
- The electricity is a secondary energy that is generated by the Electricity Providers from the various power sources.
- Residential houses, commercial buildings or offices, transportation, industries, and electric powered generators consume the most amount of energy throughout the U.S.A.
- The Nuclear power that had no important role in the power generation 50 years ago provided more than 20 percent of the power used to generate America's electricity after the deregulation of the energy market in the United States of America.
- In the U.S.A, Electricity Providers use more than 900 million small tons of coal to produce about 40 percent of the total electricity that is being used every year.
- The use of coal for the productions of power has a big side effect attached to it. When coal is being used for the power generation it emits great amounts of sulfur dioxide, nitrogen oxide, carbon dioxide, acidic gases, smog, and other heavy metals that are very harmful to the Eco system.
- Various calamities like acid rain, global warming, and other health issues are also associated with the power generation from coal, which the biggest source of power production in the United States of America.
- The U.S.A operates the most nuclear reactors, with the largest installed nuclear power capacity present in the country. The U.S.A also generates the most nuclear power in the world.
- Other responsible agents for the destruction of the Eco system apart from coal that accounted with 34 percent of emission took the second place, where petroleum ranked first with 42 percent, and natural gas emitted 24 percent of waste and contributes pollution on the planet earth.
- The United States is home to a growing renewable energy, with globally competitive plants available in various technology sectors like the wind, solar, geothermal, hydro power, biomass, and biofuel.
- Today the energy system is gradually shifting toward cleaner forms of generation across the U.S.A. The initiation sign of this change is the declining use of coal for electric power generation or production.
- Solar power is another invasion of the energy market of the U.S.A. The solar power emits very less amounts of greenhouse gases than the fossil fuels, thus will be beneficial for the environment.
- Till date the U.S.A has over 8,700 MW of installed solar electric capacity, enough to power more than 1.2 million households.
- The United States of America is an international leader in the development and deployment of smart grid technologies and services across the globe.
- If energy efficiency would speed up as planned by 2030, United States will save up to $327 billion of money spent towards the power costs.
Learn about more such facts and figures about the energy market in the United States. If you're a resident you can a lot more to learn about this variant utility market and get a power packed offers to shop from for powering up your homes and offices. Compare Electricity Rates and get the best deal from the Electricity Provider here.
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