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Posts Tagged ‘energy efficiency’

2 Oct 13 2011 @ 10:10am by Matt Smith in Crude Oil, Economy, Global Energy, Random, risk management

It’s Sky-way or the Highway! (Aviation or Automobile Quiz)

In the last week I have been doing some digging into the topic of flight. But rather than just throw out some random facts, I figured I’d make you do the work. So here are ten questions from which you simply need to decide what form of transport it relates to: aviation or automobile. There is even a bonus question at the end with a chance to win a prize. If that’s not enough of an incentive to make you read on, then, err…don’t. Grab a pen, and let’s play! » read more

2 Aug 5 2011 @ 10:58am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas, risk management

Burrito bites

Yola! As you may well know, the first Friday of each month is my favorite day of the month, as the release of official US unemployment data brings unrivalled, voracious volatility to financial markets. But this week has been like a week of Nonfarm Fridays, as markets have twisted and turned, and ultimately, tumbled.

Monday’s debt ceiling resolution has been completely overshadowed by a bludgeoning bout of bad economic data, while today’s marginally upbeat employment data have been seemingly unable to resuscitate risk appetite. Crude has been down double digits in dollars this week, while natural gas has fallen back into three-dollardom. The move on natty is less to do with the economic panic, and more to do with another decent weekly injection into storage, moderating temperatures / tropical activity, while crude’s move is saying the end of the world recovery is nigh. Anyway, after this week’s acerbic swings, it is time to sit back and chill, with these not-so-bitter pills: » read more

0 Jun 24 2011 @ 10:58am by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas

Burrito bites

Howdy! And an absolutely fantastically entertaining week has been played out in Commodityworld™, as the IEA (= US, UK, France, Germany, Japan and 23 other countries that aren’t in Opec) made a call somewhere out of left-field to pull 60 million barrels from strategic reserves to meet rising oil demand and the outage in Libya (which is code for prices are too high), while natty has slunk back to one-month lows on a whopper of an injection versus consensus for weekly storage. Next week brings July along with it, but for now- let’s chow: » read more

2 Jan 28 2010 @ 10:15am by Matt Smith in energy consulting

Five and a half facts and four and a half fallacies to lower your company’s energy costs.

Here are ten simple ways for an industrial company to lower their energy costs:

1) Energy demand management: reduce your energy bills, but not your energy consumption. By being smarter about when you use energy (i.e. moving energy usage to off-peak times), you can potentially create huge savings.

2) Having twenty employees rubbing their feet on the carpet for one hour to create static can increase the temperature in an average-sized boardroom by 1.5 degrees.

3) Be nice to your boiler. Government regulations require boilers to be inspected each year, but inspection does not mean calibration. Going the extra step and calibrating your boiler can save thousands.

4) Install highly sensitive motion sensors in breakrooms, restrooms, corridors and stairwells. Not only will this conserve energy, it will also keep employees warm due to having to wave their arms around like a crazy person. (A nice little side benefit – turn all thermostats down by 2.5 degrees).

5) Understand your energy charges. If you receive service through your utility, make sure you are being charged the correct tariff rate. If you receive service from a third party supplier, attempt to negotiate a lower rate.

6) Purchase Energy Star products where possible. A collection of three or more Energy Star products means you can apply for an additional bonus tax rebate called the Energy Constellation Cashback Rebate.

7) For a plant / factory, buy electrical-driven machinery rather than compressed air-driven. Cut down on compressed air usage wherever possible. The misconception with compressed air is that it is free (the air is free, compression is not). In effect, 92% of the energy used to power compressed air machinery is lost through transmission. The moral of the story – go for electrical-driven machinery.

8) If you lower your thermostat by one degree a week starting on October 1, employees gradually acclimatize to an ever-dropping temperature. By January 1, their movement may be restricted due to too many layers, at which point you crank up the heat again. By one degree a week. Estimated savings on a 3000 square foot building: $1359. ($59 for the Christmas party kitty, $1,300 to the bottom line).

9) Have your plant undergo an energy audit or a consumption workshop (where your team can be taught how to assess their own energy audit).

10) Adjust the brightness on your monitors lower by 80%. Not only will this save energy, but the darker tone will place less stress on your eyes, which means less vision insurance claims for your company (approximated savings of $843 per 100 employees).