ENEXPLAN

Cost of Oil Going Down, Cost of Electricity Going Up

Published on Tuesday, 24 March 2015 23:24:41    Written by Marc
Cost of Oil Going Down, Cost of Electricity Going Up
Just when we see the price of oil going down (almost every day now), we would think that it might suppress the price of electricity everywhere and that it would cost us less to heat and cool our homes and businesses. However, just about everywhere we look, it seems that the price of electricity is far from following the same trend as oil. In, fact it is quite the opposite, with the price of electricity increasing (sometimes by more than the inflation index). While nobody probably knows where the price of oil is going to end up this year (or subsequent years), one thing that is relatively certain is that prices of electricity will continue to increase year after year. There are some rare occasions where the price remains stable for a short period, but we know that prices are not going to go down.
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Understanding that Energy-saving is Much More than Replacing Lights

Published on Thursday, 15 January 2015 19:03:53    Written by Marc
Understanding that Energy-saving is Much More than Replacing Lights
A few days ago, I was talking with a senior executive of a large company in North America and I was asking him what energy-saving measures they were doing. He told me that they were proactive in implementing energy-saving measures and that they did many lighting retrofits in their buildings.
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Save Money for Your Company, and Save the World at the Same Time

Published on Friday, 19 December 2014 13:12:22    Written by Marc
Save Money for Your Company, and Save the World at the Same Time
With so many news headlines highlighting the pressing need to find ways to reduce global emissions, it is no wonder countries from around the world are providing incentives to their local industry to help implement energy efficiency measures in order to curb carbon emissions and meet targeted goals. Yet, just recently, we read that Canada, with all the good will and promotion going on is not even going to be close to meeting its current engagements. In addition, it is not the first time this has happened. This makes us think, "What is the point in even setting objectives if repeatedly not only do countries do not meet them, they do not even come close to meeting the objectives?" It feels like someone setting a personal target of running a mile under one minute and after failing for the whole year, the same person sets the same target for next year. Targets are good and motivate people when they are realistic, if not they become pure fantasy and actually can demotivate someone.

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Conducting Lifecycle Cost in Order to Make Better Decisions

Published on Monday, 17 November 2014 20:05:02    Written by Marc
Conducting Lifecycle Cost in Order to Make Better Decisions
By definition, the lifecycle cost is the total cost of an equipment over its useful life. For example, if we purchase a new rooftop unit for a commercial building, the lifecycle cost will include the cost of purchasing the unit, the cost of installation, and the cost of all its maintenance and energy used during its lifespan. If we take the long definition, it also normally includes any upgrade costs as well as residual value.

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Risks Associated with Energy-saving Projects

Published on Thursday, 30 October 2014 16:14:35    Written by Marc
Risks Associated with Energy-saving Projects
I think anyone will agree that with any project or investment comes with some form of risk. Any investment we make carries some risk. The goal is obviously to understand what the risk is and to mitigate it as much as possible.

We often discuss, in this blog, about energy-saving projects or measures and their benefits. Today, I want to analyze the risks involving these projects.
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