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Entries Tagged as 'Energy Economics'

IoT Connected Devices Change Everything

February 1st, 2017 · No Comments

IoT connected devices represent the most important technological wave since the Internet, smartphones, and social media. The value proposition for the Internet of Things (IoT) is compelling because of the economic and financial value created for the built environment. The reason IoT is so important is because it builds and leverages upon the confluence and […]

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Tags: Analytics · Energy Economics · Energy Efficiency · Energy Management · IoT

The Internet of Things (IoT) How Big Data and Analytics Translate into Lower Costs and Higher Productivity

July 19th, 2015 · Comments Off on The Internet of Things (IoT) How Big Data and Analytics Translate into Lower Costs and Higher Productivity

The value of IoT is its ability to monitor, control, and compile data. Data derived from IoT sensors when combined with analytics can lower operating costs, enable new business models, and improve productivity. Embedded sensors monitor, measure, and manage connected devices with limited human interaction. Less human interaction translates into higher productivity. Sensors that can […]

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Tags: Analytics · Carbon and Climate · Energy Costs · Energy Economics

Economics of Oil

December 7th, 2014 · Comments Off on Economics of Oil

Advances in technology such as seismic imaging with Dawson Geophysical and horizontal drilling with Schlumberger have dramatically changed the economics of oil and gas extraction. The change in oil economics is so profound that the cost structure of hydrocarbon fuels will reverberate through the global energy market and impact pricing of renewables energies and investment […]

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Tags: Alternative Energy · Analytics · Carbon Economics · Energy Costs · Energy Economics · Energy Security · Fuel Costs · Oil Energy · Oil Independence · Peak Oil

Perspective on Global Oil Consumption – Possible Plateau for Oil Consumption?

August 11th, 2013 · 1 Comment

Global oil demand grew 0.6% in 2012 and over the last ten years oil consumption grew at a compounded annual growth rate (CAGR) of 1.3%. With near term oil demand at a lower level then the trend for the past ten years suggests the pace in oil consumption is slowing. According to the Energy Information […]

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Tags: Automobile Fuel Efficiency · Energy Costs · Energy Economics · Historic Energy · Oil Energy · Oil Independence · Peak Oil

Update on Oil Consumption

February 6th, 2012 · 1 Comment

The latest data on oil consumption suggest the dip in consumption that appeared in 2008 after the global financial crisis quickly reversed. The contraction in oil has now turned to expansion with consumption up 4% y/y globally. According to the latest reported information from the Energy Information Administration (EIA), EIA oil consumption is up 4% […]

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Tags: Carbon and Climate · Carbon Footprint · CO2 Emissions · Energy Costs · Energy Economics · Energy Expenditures · Oil Energy · Oil Independence · Peak Oil

Infrastructure Investment: Electric Vehicles and Smart Grid

March 7th, 2011 · 1 Comment

After several months in Silicon Valley three factors resonate clearly in the process of innovation: access to data, applied analytics, and time to insight. Innovative ideas and technology can just as easily be spawned in New Jersey or Milan as in Silicon Valley. Our focus is why investment into infrastructure that facilitates access to energy […]

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Tags: Carbon Footprint · Energy Costs · Energy Economics · Energy Storage · Fuel Costs · Hydrocarbon Fuels · Oil Energy · Oil Independence · Peak Oil · Solar Energy Economics · Transportation Energy Economics · Wind Energy

2010 Update on Oil Consumption and CO2 Levels?

January 15th, 2011 · Comments Off on 2010 Update on Oil Consumption and CO2 Levels?

The worst global economic recession in since the Great Depression seems to be abating. Given the severity of the financial crisis, it might serve to review what impact the recession has had on oil consumption. In addition, what impact did the decline in oil consumption have on atmospheric CO2 concentration levels? Since 2006, global oil […]

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Tags: Alternative Energy · Carbon and Climate · Carbon Economics · Carbon Emissions · Carbon Footprint · CO2 Emissions · Energy Costs · Energy Economics · Fuel Efficiency · Global Warming · Hydrocarbon Fuels · Oil Energy · Oil Independence · Peak Oil

Heating and Cooling – Does Insulation Pay?

November 5th, 2010 · 3 Comments

Insulation is one of the most important factors in improving building energy efficiency. Heating, ventilation and cooling (HVAC) often accounts for more than half the energy expense of a building. Insulation helps to improve the energy efficiency of heating and cooling. Depending on the selected insulating material, the economic impact on heating costs can be […]

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Tags: Alternative Energy · Cooling · Energy Costs · Energy Economics · Heating · Home Energy Economics · Home Heating Costs · Hydrocarbon Fuels · Insulation · Natural Gas Energy · Oil Energy · Propane Energy · Wood Energy

Should we be Concerned over Elevated CO2 levels?

July 7th, 2010 · Comments Off on Should we be Concerned over Elevated CO2 levels?

With the oppressive heat and appalling humidity along the Eastern Seaboard, one considers the possibility of climate change and the impact of that greenhouse gases may have on our environment. Without developing statistical regression models to gleam any semblance of understating of carbon dioxide’s impact on climate change, let’s just look at some charts that […]

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Tags: Alternative Energy · Battery Power · Carbon and Climate · Carbon Economics · Carbon Emissions · Carbon Footprint · CO2 Emissions · Energy Costs · Energy Economics · Energy Independence · Energy Security · Global Warming · Historic Energy · Hydrocarbon Fuels · Oil Energy · Oil Independence

Energy Perspective

April 13th, 2010 · 5 Comments

After reviewing oil data from the Energy Information Administration (EIA), Global Petroleum Consumption , it may be helpful to put energy consumption into perspective. Most of us are quite familiar with alternative energy such as solar and wind, but the reality is, even if solar and wind could supply all of electric energy needs, the […]

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Tags: Alternative Energy · Automobile Fuel Efficiency · Battery Power · Carbon and Climate · Carbon Emissions · Coal Energy · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Fuel Cells · Global Warming · Hydrogen Economics · Hydrogen Energy · Oil Energy · Oil Independence · Peak Oil · Solar Energy · Solar Energy Economics · Transportation Energy Economics · Wind Energy

Global Oil: Economic Recovery should Drive Demand and Price

January 16th, 2010 · 1 Comment

Despite the global economic recession, preliminary data suggest oil demand remains rather resilient. According to the latest reported information from the Energy Information Administration (EIA), Global Petroleum Consumption is down one percent y/y in 2008 while China and India show increases of 4% and 5%, respectively. However, current data through September 2009, show oil demand […]

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Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Expenditures · Energy Security · Historic Energy · Hydrocarbon Fuels · Oil Energy · Peak Oil

Falling Panel Prices could bring Solar closer to Grid Parity

October 27th, 2009 · 3 Comments

Rising inventory levels of photovoltaic (PV) panels and new production capacity coming online is driving solar PV prices lower and thereby, bringing solar energy closer to grid price parity. With the release of the latest earnings of solar energy companies, Wall Street’s keen attention to revenue guidance, inventory levels and pricing are paramount in diagnosing […]

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Tags: Alternative Energy · Carbon Economics · Carbon Emissions · Energy Costs · Energy Economics · Energy Security · Historic Energy · Solar Efficiency · Solar Energy · Solar Energy Economics · Solar Stocks

Formulating an Effective Energy Efficiency Strategy with Measurement and Verification Copyright © 2009 Green Econometrics, LLC

June 27th, 2009 · 2 Comments

The development of an energy efficiency strategy incorporates analysis of energy expenditures and energy consumption. The energy strategy must incorporate dynamics between costs, budgets and the consumption of energy including the monitoring of kilowatt-hours (KWH) of electricity and liquid hydrocarbon fuels consumed. By analyzing both the financial and the energy consumption components we are better […]

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Tags: Alternative Energy · Automobile Fuel Efficiency · Carbon and Climate · Carbon Economics · Carbon Emissions · CO2 Emissions · Coal Energy · Energy Costs · Energy Economics · Energy Expenditures · Fuel Costs · Fuel Efficiency · Hydrocarbon Fuels · Oil Energy

Oil Consumption Impacted More by Price than Deteriorating Economic Conditions

May 13th, 2009 · Comments Off on Oil Consumption Impacted More by Price than Deteriorating Economic Conditions

The fall in oil consumption was most dramatic following the escalating price of crude oil to $145.16 per barrel on July 14, 2008 then at any other point over the last several years. Price elasticity, a key concept in Economics 101, which measures the impact of price change to changes in unit volume sold, is […]

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Tags: Alternative Energy · Carbon and Climate · Carbon Economics · CO2 Emissions · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Fuel Costs · Historic Energy · Hydrocarbon Fuels · Oil Energy · Oil Independence · Peak Oil · Solar Energy · Transportation Energy Economics

Solar Energy – Closer to Grid Parity?

March 31st, 2009 · 2 Comments

Last month First Solar (FSLR) achieved a milestone in the solar industry with its announcement of $1 per Watt reducing its production cost for solar modules to 98 cents per watt, thereby braking the $1 per watt price barrier.. While the achievement is great news for the solar industry some studies suggest more work is […]

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Tags: Alternative Energy · Carbon Economics · Carbon Footprint · Coal Energy · Energy Costs · Energy Economics · Hydrocarbon Fuels · Oil Energy · Solar Efficiency · Solar Energy · Solar Energy Economics · Solar Stocks · Wind Energy

Dramatic Drop in Oil Consumption – What’s the Implication?

February 13th, 2009 · Comments Off on Dramatic Drop in Oil Consumption – What’s the Implication?

America’s appetite for oil declined sharply as the economy weakened over 2008. According to the latest reported information from the Energy Information Administration (EIA), Monthly Oil Consumption oil consumption declined 13% y/y from September 2007 through September 2008. Historically, the US has seen this type of demand erosion before. From 1979 to 1983, oil demand […]

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Tags: Alternative Energy · Carbon Economics · Energy Costs · Energy Economics · Energy Expenditures · Hydrocarbon Fuels · Oil Energy · Oil Independence

Obama, Energy Efficiency and Lighting Retrofit

January 19th, 2009 · Comments Off on Obama, Energy Efficiency and Lighting Retrofit

As President Obama takes office, energy efficiency takes center stage. One of he fastest roads to energy efficiency is to reduce consumption and the simplest approach to energy conservation is to change a light bulb. Compact Fluorescent Light bulbs (CFL) recommended by the U.S. Department of Energy (DOE) offer substantial savings to homeowners. In the […]

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Tags: Alternative Energy · Carbon and Climate · Carbon Economics · Carbon Emissions · Carbon Footprint · CO2 Emissions · Coal Energy · Energy Costs · Energy Density · Energy Economics · Solar Energy · Wind Energy