News & Commentary
Brought to you by our editorial team.
- Aug 19, 2014 |
- Aug 14, 2014 |
- Aug 12, 2014 |
- Aug 07, 2014 |
- Aug 05, 2014 |
- Jul 31, 2014 |
- Jul 29, 2014 |
- Jul 24, 2014 |
- Jul 22, 2014 |
- Jul 17, 2014 |
Commentary from Industry Pros
Hydraulic fracturing (fracking) is a hot topic. There has never been a middle ground on the technology; people are either for it or against it.
Still reeling from the Polar Vortex, 2014 has been energy retail’s winter of discontent. It won’t be the last.
Elevations Credit Union (ECU) is currently monitoring energy usage for eight electric meters in four buildings using a dashboard format offered by Power Takeoff. The dashboard reports energy usage data at the end of the billing cycle for the previous month and also reports 15 minute interval data.
You're not likely to hear this at the neighborhood bar, and beer and wine makers are aiming to keep it that way. The rise in fracking operations worldwide in recent years has sounded alarms in the beer and wine making industries, as business owners are fearful of what fracking chemicals could do to their water supply. Their concern is centered on what would happen to their companies if toxic chemicals are released into the groundwater. With most energy companies holding their cards close to their vest and not divulging trade secrets, their fear is substantiated.
Some in the electric power transmission business must wonder if it makes political sense to follow the administration's lead and at least pay lip service to their green initiatives (mainly solar and wind) and to denigrate our basic resource of long-time availability, coal. The cheapest, TVA found out, was falling water from the many dams they had built over the decades.
The summer is here and vacations are being planned. Whether it's a family trip to a local beach, visiting relatives out of state, or a trip to Disneyland, families everywhere are eager to get out and enjoy this great time of year. With endless lists and preparations to take care of, it's easy to let energy efficiency take a back seat. But be proactive! A few simple modifications can really make a difference.
It's very clear Latin America has one of the world's brightest solar power market outlooks. High power prices and volatile fuel supplies have made solar cheaper than fossil fuels in many countries, driving new investment and capacity additions. Consider Chile, Uruguay, and Costa Rica were three of the just seven nations worldwide to show an increase in renewable energy financing in 2013, according to Bloomberg New Energy Finance (BNEF).
When we talk about solutions for our nation’s energy needs, the conversation is often framed as an either/or choice between generation from renewable sources and from fossil fuels. Based on my experience investing in global energy projects, I believe that we need both. While it’s important to build a system that uses renewables as much as possible to ensure sustainability and environmental responsibility, there are two challenges posed by renewables that are oftentimes overlooked.
"There is no reason why institutions that have direct holdings in coal, oil and gas stocks could not divest immediately." Ian Simm (Chief executive of Impax Asset Management)
With evidence of climate change becoming clearer than ever, European countries should think carefully before allowing fracking in their territory. Although hydraulic fracturing — or fracking — offers the benefits of abundant supplies of unconventional oil and gas and lower carbon emissions than other combustibles such as oil and gas, it is not a sustainable solution due to its large environmental costs and its potential contribution to climate change. Moreover, the short-term economic promises fracking it offers are also taking our sense of urgency away from transitioning to more renewable sources of energy such as wind and solar power.