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Entries Tagged as 'Home Energy Economics'

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

A Historical Perspective on Energy Prices and Economic Challenges

December 17th, 2008 · 7 Comments

To understand current energy prices it may serve us to examine historical energy prices. Our theme is energy economics and specifically that energy prices follow the laws of supply and demand to set pricing. There are some interesting perspectives on historical energy prices from several books including Security Analysis, 1940 edition by Benjamin Graham and […]

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Tags: Alternative Energy · Coal Energy · Energy Costs · Energy Expenditures · Energy Independence · Energy Security · Fuel Costs · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Oil Energy · Oil Independence · Peak Oil · Transportation Energy Economics · Wood Energy

Don’t let the fall in Oil Prices Lead to Energy Complacency

November 21st, 2008 · Comments Off on Don’t let the fall in Oil Prices Lead to Energy Complacency

The precipitous drop in oil prices may not hold for long. Speculators and fears of oil flow disruptions drove oil prices to an all time high of $145.16 on July 14, 2008 and is now down to $49.50 in November 20, 2008. Now the fear has shifted to the economy where deteriorating fundamentals suggest demand […]

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Tags: Alternative Energy · Automobile Fuel Efficiency · Energy Costs · Energy Economics · Fuel Costs · Fuel Efficiency · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Oil Energy · Transportation Energy Economics

Vote the Economy by Voting for Energy

October 21st, 2008 · Comments Off on Vote the Economy by Voting for Energy

Access to energy was instrumental fueling the Industrial Revolution. Over the last 200 years, industrial nations have migrated from wood to coal and now to oil as a source of energy. During the 1700’s, wood was used for just about everything from fuel to constructing houses and building wagons and even tools. As demand for […]

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Tags: Alternative Energy · Carbon and Climate · Carbon Economics · Carbon Emissions · Carbon Footprint · CO2 Emissions · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Fuel Costs · Global Warming · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Hydrogen Economics · Oil Energy · Oil Independence · Solar Energy · Solar Energy Economics · Transportation Energy Economics

Energy Storage – the Key to Alternative Energies

August 7th, 2008 · Comments Off on Energy Storage – the Key to Alternative Energies

Energy storage enables the electric generated though solar photovoltaic devices or wind turbines to be used when it’s dark, cloudy, or calm. As Nathan Lewis, Professor of Chemistry, Division of Chemistry and Chemical Engineering Lewis Group at California Institute of Technology, framed it, energy storage is integral in facilitating the development of alternative energy programs. […]

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Tags: Alternative Energy · Battery Power · Energy Costs · Energy Economics · Energy Security · Energy Storage · Fuel Cells · Home Energy Economics · Oil Energy · Oil Independence · Solar Energy · Transportation Energy Economics · Wind Energy

Energy Crisis – What Can We Do

June 14th, 2008 · Comments Off on Energy Crisis – What Can We Do

As energy and food prices set new world records, what can we do at home to avert the crisis? Food prices are rising because corn is diverted from food production to producing ethanol for use as fuel in motor vehicles and is exacerbated by the recent flooding in the Mid West. Oil prices continue to […]

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Tags: Alternative Energy · Carbon and Climate · Carbon Emissions · Carbon Footprint · CO2 Emissions · Corn Ethanol · Energy Costs · Energy Economics · Energy Independence · Energy Security · Ethanol Energy · Fuel Costs · Global Warming · Home Energy Economics · Home Heating Costs · Hydrocarbon Fuels · Oil Energy · Peak Oil · Solar Efficiency · Solar Energy · Solar Energy Economics · Wind Energy

Energy Shocks: Vulnerability Update

November 2nd, 2007 · Comments Off on Energy Shocks: Vulnerability Update

Rising oil prices have driven exploration and drilling activity, yet oil production remains anemic in comparison. Could the latest data suggest oil production is nearing a peak? With global demand expected to rise over 30% by 2030 according to a recent article in the Wall Street Journal, Handicapping the Environmental Gold Rush the latest oil […]

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Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Security · Fuel Costs · Historic Energy · Home Energy Economics · Hydrocarbon Fuels · Hydrogen Energy · Oil Energy · Solar Energy · Transportation Energy Economics · Wind Energy

A small investment produces huge savings on your electric bill

October 9th, 2007 · Comments Off on A small investment produces huge savings on your electric bill

My September electric bill arrived the other day and I was interested in comparing my energy savings after swapping 60 and 100-watt light bulbs for Compact Fluorescent Light bulbs (CFL), as recommended by the U.S. Department of Energy (DOE). Our progress in migrating to solar and wind energy is moving slower than expected. The CFL […]

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Tags: Carbon and Climate · Carbon Economics · Carbon Emissions · Carbon Footprint · CO2 Emissions · Coal Energy · Energy Costs · Energy Economics · Fuel Costs · Home Energy Economics · Solar Energy · Wind Energy

Home Heating Concerns

September 25th, 2007 · Comments Off on Home Heating Concerns

With oil prices over $80 per barrel, the National Energy Assistance Directors’ Association in its press release today Record Home Heating Prices for Heating is expecting the average home heating cost for the ’08-’08 season to rise 9.9%. For homeowners using oil heat, heating costs are expected to increase 28% and for homes using propane, […]

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Tags: Alternative Energy · Carbon and Climate · Carbon Economics · Carbon Emissions · CO2 Emissions · Energy Costs · Energy Economics · Energy Expenditures · Energy Independence · Energy Security · Ethanol Energy · Fuel Costs · Global Warming · Historic Energy · Home Energy Economics · Home Heating Costs · Hydrocarbon Fuels · Oil Energy · Propane Energy · Solar Energy

Hostage to Oil

September 21st, 2007 · 1 Comment

Without greater investment into solar and hydrogen energies, we are held hostage to rising oil prices. Alternative energies such as solar and hydrogen fuel cells offer tremendous potential to provide energy independence and energy security. The dependence of the U.S. upon imported foreign oil raises inflation, weakens our currency, exacerbates the trade deficit, and forces […]

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Tags: Alternative Energy · Automobile Fuel Efficiency · Carbon Economics · Coal Energy · Energy Costs · Energy Economics · Energy Independence · Energy Security · Ethanol Energy · Fuel Costs · Fuel Efficiency · Home Energy Economics · Hydrocarbon Fuels · Hydrogen Economics · Hydrogen Energy · Natural Gas Energy · Oil Energy · Propane Energy · Solar Efficiency · Solar Energy · Transportation Energy Economics · Wood Energy

Solar Efficiency

September 17th, 2007 · Comments Off on Solar Efficiency

There is considerable variance in calculating the cost of solar energy. Using U.S. Solar Radiation Resource Maps from the National Solar Radiation Data BaseThe (NSRDB) we found the amount of kilowatt-hours (KWH) per days of solar radiation per square-meter varies from less than two for Northern Alaska to six KWH/m2 per day for parts of […]

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Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Independence · Energy Security · Fuel Costs · Fuel Efficiency · Home Energy Economics · Solar Efficiency · Solar Energy · Solar Stocks

Solar Energy Parity

September 13th, 2007 · Comments Off on Solar Energy Parity

How long will it take before solar energy is at parity with hydrocarbon fuels? In terms of cost per Kilowatt-Hour (KWH), solar energy is four-to-ten times the cost of hydrocarbon fuels. Green Econometrics’ research estimates that solar energy cost about $0.38-to-$0.53 per KWH. (See Understanding the Cost of Solar Energy ) There are two significant […]

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Tags: Alternative Energy · Energy Costs · Energy Economics · Energy Security · Fuel Costs · Fuel Efficiency · Home Energy Economics · Hydrocarbon Fuels · Oil Energy · Solar Energy · Solar Stocks

Solar Energy: The Security Perspective

September 12th, 2007 · Comments Off on Solar Energy: The Security Perspective

The U.S. Department of Energy (DOE)’s $23.6 Billion Spending Plan for FY’07 calls for $1.5 billion for the Office of Energy Efficiency and Renewable Energy where spending includes $28 million in solar, $16 million for thin-film photovoltaic manufacturing equipment to reduce the cost of solar panels, $23 million for researching ethanol, and $100 million for […]

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Tags: Alternative Energy · Carbon Economics · Carbon Emissions · Carbon Footprint · Energy Costs · Energy Economics · Energy Expenditures · Energy Security · Fuel Costs · Fuel Efficiency · Home Energy Economics · Hydrocarbon Fuels · Oil Energy · Solar Energy · Solar Stocks

How to measure fuel efficiency, energy costs, and carbon emissions for home heating

August 27th, 2007 · 7 Comments

To measure the efficiency of conventional hydrocarbon fuels, we need a common measure of energy. The Kilowatt-Hours (KWH), the billing quantity of electric usage, serves as a useful measure of energy because we can equate KWH to engine horsepower performance, heat energy of a fuel, and compare energy costs on a common level. KWH can […]

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Tags: Carbon Economics · Carbon Emissions · Carbon Footprint · CO2 Emissions · Coal Energy · Energy Costs · Energy Economics · Fuel Costs · Fuel Efficiency · Home Energy Economics · Home Heating Costs · Hydrocarbon Fuels · Natural Gas Energy · Oil Energy · Propane Energy · Wood Energy

Understanding the Cost of Solar Energy

August 13th, 2007 · 13 Comments

In comparison to conventional hydrocarbon fuels such as coal or oil in generating electricity, the cost of solar energy is significantly higher. To compare energy cost, a common equivalent is required. Back in our previous post, Coal: Fueling the American Industrial Revolution to Today’s Electric, we developed a framework to measure energy costs by converting […]

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Tags: Alternative Energy · Energy Economics · Home Energy Economics · Solar Energy

Seven Ways to Lower Energy Bills

July 31st, 2007 · Comments Off on Seven Ways to Lower Energy Bills

Seven Ways to Lower Energy Bills 1)  Change your incandescent light bulbs to compact florescent lamps, 2)  Check for leaks and cracks throughout your house where heat or cooling could escape or enter, 3)  In winter, lower your thermostat and raise it a couple of degrees in the summer, 4)  Replace outside lights with solar-powered […]

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Tags: Home Energy Economics