Market Conditions

/Market Conditions

What to budget for energy conservation for 2015? Maybe nothing!

In many companies Q3 is budgeting season.  It’s a good time to plan energy saving activities for the next year.  Any work requires budget, so funds have to be requested to be approved in time. Or not.  In Ontario manufacturing companies do not have to spend a penny to get started with energy saving projects. [...]

By | 2020-07-28T14:34:13-04:00 August 21st, 2014|Categories: Energy management, Market Conditions|Tags: |0 Comments

OPA’s new rules: Conservation First

The Ontario Power Authority (OPA), in response to a direction from the Minister of Energy, is implementing a new six year conservation framework. The Conservation First Framework is designed to reduce electricity consumption by 7 terawatt-hours (TWh) or seven billion kilowatt-hours (kWh) by December 31, 2020. The Conservation First Framework will provide local distribution companies [...]

By | 2021-02-10T15:54:51-04:00 August 13th, 2014|Categories: Industry Announcements, Market Conditions|0 Comments

Why modern economy strives to build electricity generation facilities instead of conserving energy?

It’s long been known that reducing electricity use through efficiency is cheaper than having to generate more power to meet rising demand. A recent reportfrom the American Council for an Energy-Efficient Economy puts numbers behind that claim. “Why build more expensive power plants when efficiency gives you more bang for your buck?" said Maggie Molina, author [...]