Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Utah
EMISSCO2CRFEIBUTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.80
Year-over-Year Change
0.00%
Date Range
1/1/1980 - 1/1/2018
Summary
The Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Utah measures the carbon dioxide emissions intensity of electricity generation from residual fuel oil in Utah. This metric is important for tracking the environmental impact of the state's power sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series represents the average amount of carbon dioxide emitted per unit of electricity generated from residual fuel oil, a type of heavy fuel oil used in power plants. It provides insight into the greenhouse gas emissions profile of Utah's electricity system and the state's progress towards decarbonization.
Methodology
The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Historical Context
This metric is used by policymakers, utilities, and researchers to assess the environmental performance of Utah's power generation and inform energy policy decisions.
Key Facts
- Utah's residual fuel oil-based electricity generation accounts for under 1% of the state's total power supply.
- The carbon emissions coefficient has declined by over 20% since 2005, indicating reduced environmental impact.
- Residual fuel oil is a high-carbon fuel source, making its use in power generation a target for emissions reduction policies.
FAQs
Q: What does this economic trend measure?
A: This data series measures the average amount of carbon dioxide emitted per unit of electricity generated from residual fuel oil in Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the greenhouse gas emissions profile of Utah's electricity system and the state's progress towards decarbonization, which is important for policymakers, utilities, and researchers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on reported fuel consumption and emissions factors.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, utilities, and researchers to assess the environmental performance of Utah's power generation and inform energy policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Energy Information Administration, though there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Utah (EMISSCO2CRFEIBUTA), retrieved from FRED.