ENERGY INDUSTRY

| June 7, 2019

article image
Economics Lessons Oil And Gas News Oil News Geography Petroleum Engineering Oil Industry Analyse Technique Crude Oil Environmental Science. World Energy Consumption and Production. Electric Cars Are Doing Better Than Hybrids Did in Their First Three Years.

Spotlight

Sparkfund

Sparkfund powers organizations by providing access to the latest energy technology in a new and better way—through a simple monthly subscription model backed by a no risk guarantee. We partner with contractors, ESCOs, manufacturers, utilities, and energy retailers to deliver the Sparkfund Technology Subscription, transforming how businesses implement energy technology. Sparkfund seeks to create positive change for the world by deploying solutions that make good business sense and are good for the planet.

OTHER ARTICLES

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.

Read More

8 Reasons Why Right Now Is A Great Time To Go Solar

Article | March 23, 2020

The impacts of the coronavirus COVID-19 are being increasingly felt throughout the country, but the usual bills – including electricity bills – keep rolling in. There’s a lot that really sucks financially-speaking at the moment, but there are some bright spots. Here’s why now is a particularly good time to be considering going solar. But there’s a sure-fire way to get a great return on your cash and that is acquiring a good quality, professionally installed solar power system. Try our new solar calculator – the estimated payback and returns might make your eyes pop. For example, the following are estimated simple payback periods and savings over ten years for a 6.6kW solar system costing $6,600 installed in the various capitals; using the calculator’s default settings:

Read More

What is community solar and is it better than installing solar panels on your home?

Article | February 24, 2020

The U.S. reached a monumental 2 million solar installations in 2019. As more people look to save money through solar energy, many different options for doing so are becoming available. The U.S. Department of Energy defines community solar as “a solar-electric system that… provides power and/or financial benefit to… multiple community members.” These voluntary programs allow community residents to enjoy the perks of solar power without the large initial investment. The solar panels and related equipment are set up in a central location, so residents don’t need to buy and install equipment on their personal properties. The power produced by these projects is then shared by a community, and the hardware is either owned by the community itself or by a third party (i.e. Jaton’s community solar projects in California).

Read More

COVID-19 and its initial impact on the energy sector

Article | March 26, 2020

As we continue to face an unprecedented global health crisis, our Head of Smart Generation Sales, Angus Widdowson looks at the initial impact the COVID-19 pandemic has had on the UK energy sector. With the UK on lockdown, many businesses closing and the majority of Britain’s workforce now working from home, COVID-19 is causing major economic disruption. It was covered in our Informer newsletter earlier this week that the growth in renewable generation in the UK gives us more resilience to tackle the challenges of COVID-19. Whilst the supply chain currently remains strong, as this pandemic continues, we are likely to see resource strain on operation and maintenance contractors. We expect naturally fuelled (wind, solar and hydro) plants to be more resilient than fuelled plant, given the lower risk to technical outages vs fuelled plant. Also, with renewable sites being dispersed across the country, we expect single point failures to have a lesser impact overall vs large thermal power generation. At this stage it’s unclear to see how COVID-19 will affect the development of new renewable projects but we are likely to see delays in the deployment of new wind and solar projects.

Read More

Spotlight

Sparkfund

Sparkfund powers organizations by providing access to the latest energy technology in a new and better way—through a simple monthly subscription model backed by a no risk guarantee. We partner with contractors, ESCOs, manufacturers, utilities, and energy retailers to deliver the Sparkfund Technology Subscription, transforming how businesses implement energy technology. Sparkfund seeks to create positive change for the world by deploying solutions that make good business sense and are good for the planet.

Events