In order to understand the ROI on your energy management, it is important to first understand the definition of the Levelized Cost of Electricity (LCOE). In electrical energy production, LCOE is defined by the price of the energy produced (often expressed in units of cents per kilowatt-hour.) This calculation takes into account the economic life … Continue reading How Can You Understand the ROI on Your Energy Management? Continue Reading »
Category: Energy Management
Energy Conversion and Conservation
Energy conversion (or transformation) is the process of changing energy from one form to another. For example, solar energy into electrical energy for office use. Meanwhile, energy conservation is the prevention of wasteful use of energy – for the purpose of ensuring it is continuously available. Together, they are a force to be reckoned with … Continue reading Energy Conversion and Conservation Continue Reading »
What is the Difference between a Renewable and Non-Renewable Resource?
The words renewable and non-renewable resources are thrown around a lot on the news and even social media platforms, but do Americans really understand what they mean? The idea that you could be causing major harm to the planet as a small business may sound dramatic. In fact, the mere idea that you can make … Continue reading What is the Difference between a Renewable and Non-Renewable Resource? Continue Reading »
What is Energy Storage?
The difference between the energy produced by fossil fuels and renewable sources is the fact that with one, you can store whatever remains unused. If you guessed it was possible with renewable energy, you would be correct. Not only does the transition to renewable energies help you save on operational costs and minimize your carbon … Continue reading What is Energy Storage? Continue Reading »
Green New Deal: What Does it Really Entail?
The Green New Deal (GND) is a proposal to dramatically shift the United States economy in hopes of combating climate change and social inequality simultaneously. The theory behind this deal is that economic disparity and climate change are linked. By tackling one, you naturally impact the other. In essence, by upgrading the country’s infrastructure, revitalizing … Continue reading Green New Deal: What Does it Really Entail? Continue Reading »