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News

OPEC members' revenue lowest level since 2004

OPEC members' net oil export revenue in 2015 drops to lowest level since 2004

graph of OPEC net oil export revenues, as explained in the article text

Members of the Organization of the Petroleum Exporting Countries (OPEC) earned $404 billion in net oil export revenue in 2015, according to U.S. Energy Information Administration (EIA) estimates. These earnings represent a 46% decline from $753 billion earned in 2014.

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How To Use Energy Twice

Cogeneration

Cogeneration or Combined Heat and Power (CHP) is a highly efficient and environmentally attractive means of generating heat and electric power at the same time. Cogeneration is achieved when a generating plant is constructed in conjunction with an industrial facility (host) that has needs for both the power and heat energy that is produced.

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Ice Storage

Ice Storage: A Cost-Efficient Way To Cool Commercial Buildings While Optimizing the Power Grid

When we look at a building, we see thermal mass and air conditioning load, and – above all – an opportunity to vastly increase the efficiency of our national power grid. 

Image: www.neilorme.com

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