Tag Archives: energy

Effective Ways to Save Energy in Homes

Green energyQuite a lot of Americans do not consider efficiency as the most effective way of cutting down energy consumption. A new survey proposes that people may be lacking knowledge in the amount of energy required by appliances and other activities, resulting in poor choices when it comes to energy conservation. Education can help consumers to make smart decision to save energy because there is a large gap in knowledge and reality. An example is Americans assume that by shutting off lights they are saving energy, but they may not consider the significant energy savings from utilizing energy efficient equipment like using fluorescent light bulbs and behaviors.

The report said participants concentrated more on cutting back rather then efficiency, which could be due to, improvements involved research, time, effort and unexpected costs (e.g. buying a new energy efficient appliance). Curtailing was easier to implement without affecting one’s daily schedule or without any upfront costs. People were asked to conserve energy, what would be the single most effective thing they would do. 55% of the respondents named, reducing energy consumption like less driving, as the most effective way while 11.7 % choose efficiency. The survey also asked them to guess how much energy was used by nine devices and energy saved by six household activities. Continue reading

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Important Trends in Alternative Energy Deals

Stephen Trauber Last week’s Energy Inc. conference was a great opportunity for investment banker Stephen Trauber. In the said conference, he shared his valuable time and efforts as he spoke about the world of energy and of its future as well. Being an investment banker and with his ample experiences, he sure did gave a lot of insights to his audience.

Investment banker Stephen Trauber has worked so hard in this year’s biggest energy deals, such as Smith International’s $13.8 billion sale to Schlumberger and Nabors’ acquisition of Superior Well Services. He is currently working as the vice chairman and managing director and global head of energy investment banking at UBS Investment Bank in Houston, Texas. UBS is a top three investment bank in the oil and gas sector and it continues to live on to its mission and strategies with great strength and pride. Continue reading

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Energy Star Rebate Program Begins In Florida

Duct-testing-proceduresEnergy Star brings good news for Florida. If you’re from Florida and you own Energy Star-rated air conditioners, air source heat pumps, and geothermal heat pumps, then you’ve got a reason to be happy on Monday, the 30th of August 2010. Energy Star will be offering about $15 million in rebates for the above-mentioned units, with each rebate costing $1,500.

If you buy units starting Monday, August 30 until December 31, you qualify for the rebates unless the money has not run out before then. However, purchases made before Monday do not count at all. But good news though is the state’s expectation that the money will last for a while.
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Consumers Need Help in Identifying Energy Efficient Practices

The CFL light bulbsIf you think “turning off the lights” is one of the best ways to save energy, you may be wrong. But you are just like everyone out there; most people always say the same thing. So, here’s a survey that shows people’s misconceptions on the best ways to save energy.

Shahzeen Attari, one of the proponents of the study entitled, “Public Perceptions of Energy Consumption and Savings”, said turning off the lights is not a bad idea at all but it doesn’t have much impact when compared to swapping out bulbs for the more energy-efficient ones. Leaving energy-efficient lights on are actually effective. The Department of Energy affirms that the lifespan of compact fluorescents or CFLs is reduced when they’re regularly switched on and off. If you leave a room for less than 15 minutes, keeping a CFL on is truly more efficient; but if you’re gone for more than 15 minutes, it’s best to keep the lights off.
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Helping People Green Their Homes

The Green HomeMaking one’s home green used to be Ed Begley, Jr.’s concern. But now, more and more people are jumping on the green bandwagon. Ed’s business has become everyone’s business as people are taking on ways to ensure that everything’s greener than ever.

There’ a million reasons why “going green” at home is essentially important. Captain Planet worked so hard to keep Planet Earth a good place to live in because what’s good for the planet is also good for us. Plus, saving money on utility costs is a really big help at times when the economy is at its lowest.
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Energy Audits for Homes and Small Businesses

The wind blower testHiring a professional energy auditor can be costly. But you always get your money’s worth. Professional energy auditors are more tech savvy compared to us.

Dan Thomsen, the president and founder of The Building Doctors, differentiates what a professional energy audit is composed of in contrast to do-it-yourself audits. Thomsen’s company, The Building Doctors, is a team of certified home performance contractor (Lic # 932241) that treats a house as a completely integrated system. Additionally, the company is also a verified contractor with the California Building Performance Contractors Association (CBPCA) and with the Home Performance with Energy Star Program.
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Wind Power Projects: A Discussion on the Industry’s Past, Present and Future

The dollar sign
Together with the green jobs and wind energy industry’s growth, the average size of install wind farm projects have also grown. In 2007, installed projects averaged about 91 MW. This size is over 30% below the average project size of 120 MW in 2009. Wind farm project sizes change because of a number of reasons.

Possible reasons could be: increasing wind power demands; increasing turbine sizes; continued practice of large turbine orders which reached up until the 2008/2009 credit crisis; partnership of project developers so such orders can be supported; and the increasing turbine and project costs. Whatever the reason may be, larger project sizes are a manifestation of an increasingly mature energy source that is making its way into the domestic electricity market.

In 2007, strengthening of the wind energy business had slowed down. But by the final quarter of 2009, it had normalized at 2008’s tempo. 2007’s slowdown may have been caused by several factors, along with an opinion within the industry that many of the prime targets for wind power investment were already acquired in earlier years. Continue reading

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New Contract for Lime Energy Places Company at Head of Green Collar Field

The Lime Energy logo
Lime Energy has positioned itself as one of the leaders in the green collar field of Eco Consulting and retrofit. Based in Chicago, Illinois, Lime Energy [Nasdaq: LIME] has a stated mission of improving physical environments where people live, work and play; delivering superior financial health for energy consumers; and purifying the natural environment. Furthermore, Lime Energy describes itself as being devoted to leading an energy efficiency movement by offering excellent service towards their customers, shareholders and all the other communities.

Through the company’s energy efficiency solutions, “clients can spend dramatically less on energy and building operations”. Thus, clients will be producing less waste, promoting a cleaner natural environment and living in a more comfortable and productive physical environment. Since clients are able to save money on energy, clients can invest in other opportunities which would foster a more productive business.
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Alaska’s First Geothermal Plant: The Frontier State’s Green Energy Breakthrough

The Naknek geothermal project
King Salmon is a community known for its strong salmon fishing tradition and for the violent 1912 eruption of Mt. Katmai which collapsed into itself, making 2,000 feet of mountain disappear. But nearly a century later King Salmon, the nearest community to the impressively wild and prehistoric Katmai National Park and Preserve has become a home base for energy discovery. Because of this, residents are not only focusing on their fishing tradition, but on the drilling process.

A project converting Planet Earth’s trapped heat into energy is not new. However, the one underway on the Aleutian Chain’s northern tip is going to be Alaska’s first. Naknek Electric Association’s drilling marks Alaska’s first opportunity to have their very own utility-grade geothermal plant. Aside from being host to Alaska’s first geothermal plant residents of the Bristol Bay region will also benefit in other ways, since utility rates are projected to decrease by 50% or more. At first, only three communities; Naknek, South Naknek and King Salmon, will be able to connect with the new power source. However the project’s goal is to bring in all 28 villages of the Bristol Bay region to the new power source.

The first geothermal well measuring 10,000 feet or nearly 2.5 miles in depth was drilled earlier this summer, at a cost of $20 million. The second well is estimated to cost approximately $9 million and will begin this fall. A third well is still in the planning stages.

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Global Earth Energy and Aqua Solar Limited Agree on Multi-Year, Multi-Million Dollar Contract

Sustainable energy
RCI Solar Inc, a wholly owned subsidiary by Global Earth Energy [NASDAQ:GLER] has entered into an agreement with Aqua Solar Limited. RCI Solar is a major North American provider of renewable energy solutions for residential, commercial and industrial sectors, while Aqua Solar (located in Woodstock, Ontario Canada), is a designs and manufactures solar thermal and solar photo voltaic(PV) products. As a joint venture, both companies hope to meet the new demand in government funded renewable energy programs.

The companies hope that programs such as FIT and Ontario microfit will speed up the use of renewable energy locally across Ontario. RCI/Aqua Solar projects that meet the program’s eligibility criteria will get a long term contract for payment of electricity produced from the renewable energy project, and a fixed price for duration of the contract. As of July 1, 2010, Aqua Solar will acquire product orders worth around $1,000,000 from RCI Solar for the calendar year.
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