3 Main Costs of a Commercial Solar Energy System

BRENDAN NEAGLE | January 25, 2017

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All solar firms are focused on driving down the cost of an installed solar energy system for their customers. The effort to reduce costs and deliver the best value has even led some firms to face financial upset, be forced to lay off employees and/or fail altogether.

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Devon Energy

Devon Energy is a leading independent oil and natural gas exploration and production company. We have premier positions in North America's hottest plays, including the STACK, Delaware Basin, Eagle Ford, Barnett Shale, the Rockies and Canada's oil sands.

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The Next Renewable Energy Source Could Be Rain

Article | February 17, 2020

The quest for the next source of renewable energy is well underway, with no natural phenomenon overlooked. We have already harnessed the power of flowing water, wind, and sunlight, and the search for the next clean source of energy is far from over. The latest potential breakthrough in renewable energy comes in the form of rain. The rain has not been getting a lot of attention in renewable energy circles perhaps because it would be challenging to harness its electricity-producing potential. Yet attempts are being made, and in the latest breakthrough, U.S. and Hong Kong researchers have managed to produce 140 volts of power from one single raindrop. That’s enough to light 100 LED lights for a short while.

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A Clean Energy Source of the Future?

Article | March 27, 2020

You know things are getting exciting when German bureaucrats are turning emotional, as happened one month ago in Berlin: “Hydrogen is the shit! And we need it desperately.” Thomas Herdan, the bureaucrat in question, is a prominent policymaker in the German Economic Ministry and, until that moment, was known for analytical thoughtfulness rather than for enthusiastic outcries. His excitement, however, is shared by governments and businesses around the world. The International Energy Agency IEA estimates that every year, the world’s governments pour $700 million into R&D for hydrogen applications alone. A few months ago, the U.S. announced $40 million in funding for 29 hydrogen projects across the country. As IEA puts it, hydrogen currently has “unprecedented political and business momentum”.

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4 Ways to Know Solar is a Good Fit for your Business

Article | March 27, 2020

Big or small, many industrial businesses can reap the benefits of installing solar power. When considering going solar, business executives should consider their goals of the project. Are you interested in going solar to cut your energy consumption and energy costs, being green-friendly to create a sustainable advantage or do you have another reason? There are many benefits of going solar for businesses Reduce Your Utility Bill, Get a Good Return on Investment Your company will always need electricity. Drawing on sources such as coal, natural gas, or oil costs your business increasing amounts each year. Drawing on the sun’s energy through solar is predictable and offers economic opportunity. Solar power offers the chance to reduce or eliminate your electricity bill as the power your system produces offsets the power you pull from the grid. The more power your system generates, the less you owe in utility costs.

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How Artificial Intelligence is changing the Energy Sector

Article | April 9, 2020

Artificial Intelligence, or AI, has gained relevance in many different fields of our life, using machine learning to analyse historical and new data in order to make predictions, improve control operation and perform tasks much faster than a human and with more efficiency. The energy sector is using AI to increase energy efficiency by reducing consumption, improving energy storage and grid stability, making predictions about energy consumption, to have more accuracy to find oil & gas and many other applications. When it comes to renewable sources, AI is improving the weather forecasts for the development of new plants and to make better planning of control & maintenance. Let’s take a look in some projects and how they are affecting the energy sector.

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Devon Energy

Devon Energy is a leading independent oil and natural gas exploration and production company. We have premier positions in North America's hottest plays, including the STACK, Delaware Basin, Eagle Ford, Barnett Shale, the Rockies and Canada's oil sands.

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