Energy Services Providers & The Future After Coronavirus

A fast growing sector in the energy sector is the ESCO (Energy Service Company). service providers supply a wide of energy solutions this includes energy management, measurement and examination, resource efficiency, facilities and eco-sustainability and servicing. The greatest goal of the ESCO should be to provide sizeable cost savings in energy spending by producing energy audits and reviews and effectively making processes more streamlined pertaining to energy costs.

After their beginnings in the 1980s, energy service providers have evolved and expanded. Since COVID enveloped the world we’ve seen probably the most radical changes to this sector while trying to remain relevant. Tech plays a crucial function in the energy vertical and consequently energy services company (ESCOs) have changed to support this now technologically progressed industry.

It’s fairly unknown outside of the industry however energy costs and efficiency can be elevated and the fact is that is the principal objective for most energy service company. With deregulation in the USA energy markets in the 1990’s, the energy service business enjoyed a quick rise. Utilities, which for decades experienced the cover of monopolies with secured returns on power plant investments, now were forced to compete to supply power to quite a few of their largest clients. Energy service organizations shine in a deregulated market condition similar to the one we’ve got now with the Trump Administration.

Image courtesy of Energy Leads

In 2006 the sector group NAESCO stated energy service providers expanded by 22% and stated $2.6 billion in revenue marking an important moment for ESCOs all through the country. In Canada the popularity of energy services companies also expanded significantly primarily in the oil abundant province of Alberta.

With such a wide array of OandG service these firms provide, it’s tough to identify only a few whilst leaving out so many other important varieties. but it is worthwhile bearing in mind that within this vertical, technology has performed a pinnacle role in encouraging the industry evolution. A few other providers include water treatment, transportation, pipeline screening, leak detection, midstream & downstream solutions and energy cost savings and administration.

Energy procurement companies also play a vital factor in the management of energy expenditures with the intent of reducing prices and making efficiency a top priority in many organizations. For energy consulting firms as they are also referenced as, the primary focus is always to save their customer in the energy expenses department. Energy consultants generally begin the process of their jobs by doing a detailed energy review and establishing a start line. Developing a documented starting point after a company runs its energy review is vital. The advantages of working closely with top company management is that when a judgment has to be made its made right away. That is why energy consultants work with and are accountable to, business administrators. Whereas energy management companies work independently of the organization contracting them, it’s a reality that energy consultants work directly with senior leadership for multiple reasons.

Energy providers companies encompass a wide array of different providers and products. As to be expected across much of the world, coronavirus has forced the industry to rediscover itself and therefore we’re now seeing many providers adapt to this “new normal”.

We interviewed an executive with EnStar Energy service who had this to say about our post-COVID world.

“Nice to talk to you today so many thanks for letting me to explain. In reality we see things a little different than most by seizing this moment to reconsider how this virus will influence our work environment and adjusting what we can to support our employees healthy while staying productive.”

Energy Service Companies (ESCOs) very often utilize performance contracting, signifying that if the job does not create returns on the investment, the energy service company is accountable to cover the difference, therefore assuring their valued clients of the energy and cost cost savings.

Energy service firms understand the intricacies of sustaining governmental and other regulatory specifications to ensure they can achieve efficiency, compliancy and cost savings, for what ever business they are working with. The business of energy service can indicate many things but the one commonality with them all is the common target of decreasing energy costs and making current systems more efficient.

Long ahead of coronavirus we had already began to see utility firms begin to transform themselves and make themselves more relevant by bundling service providers you may not of previous thought they could offer. Things like internet providers now offering bundles with TV and home phone on top of the internet service. It’s become common in Canada and the USA that energy providers are now featuring bundled services like television, Internet and home phone but in actuality there is a great deal of this going on in the B2B (business to business) side while society monitoring and security systems are also being presented. Fundamentally as this develops, energy providers transform into energy service companies offering a diverse variety of solutions instead of focusing on only providing it.

Now before you go off thinking this spells the end of energy service providers organizations I’d like to emphasis that professional energy solutions firms or those operating in the oilfields, are a modern necessity and can never be substituted by utility titans. Although there is always the chance they could bring them more in house versus outside private firms. If there’s any takeaway from this read is that energy service companies are going to be with us for the foreseeable future and adjusting to anything that the world throws its way.

For more information regarding the energy management sector we’d encourage you to visit the fine folks over at QuotEnergy. Below find their location on Google Maps.

4 substitutes of oil and natural gas

Oil and natural gas are very demanding products. There are used worldwide in households, transportation industry, and other fields. However, the price of oil and natural gas is increasing. The supply of these products is also limited. Oil companies are finding it hard to find sites to extract oil. In this grave situation, scientists are looking for alternative energy sources.  Here are some substitutes for oil and natural gas that you should know about.

Solar energy

The sun is the biggest energy source found on earth and it’s absolutely free. Solar energy is easy to transport and it has low cost. It doesn’t cause any pollution, so you won’t have to worry about any harmful impact on the environment.

Wind energy

Wind can produce electricity without producing any harmful byproducts. Its infrastructure is simple and is less costly. No pollutants are released, so the environment remains safe.

Hydroelectric energy

It is possible to produce electricity from the movement of water. No waste is produced and power can be generated constantly.


Biofuel is a probably going to enter the transportation market within the next 5 to 10 years. It is possible to produce ethanol from corn and other fibrous plants.

These alternative sources of energy might give us great results in this competitive market of oil. Before we run out of all the oil reserves, we must switch to some of these alternative energy sources.

3 ways to improve oil refinery processes


After crude oil is being extracted, it goes into the refinery plants and gets converted to products, like high performance fuel, which can be used for many different purposes. Usually, the crude petroleum is heated to change into a gas. Then when the gas cools down it condenses into liquid inside the distilling column. Liquids are taken out from the column at different heights to get different products. If the refinery processes can be improved then you will be able to save a lot of money. Here are some ways of improving the oil refinery processes.

Improving process control

Without any investment, you will be able to get lots of benefits by simply improving your process control. Process engineers can come up with a new process control scheme that can improve the performance and profitability significantly.

Using new method to separate crude petroleum

Researchers at the Purdue University have come up with a new method of separating crude petroleum. If this method is implemented, you will be able to cut down your costs significantly. The researchers have found out 70 new sequences that could improve the refinery process. The energy efficiency of the refineries can be improved from 6% to 48%.

Using technology

Advanced technology such as statistical monitoring, process control algorithm, wireless sensing, monitoring, etc. can improve the refinery process. It will improve the timeliness of the processes.

These methods of refinery process improvement have proven to be very successful. You will be able to reduce your processing time and cost by implementing these methods.

5 things you should know about oil sands



Have you heard of the Canadian oil sands? It is a thick crude oil called bitumen that is extracted from the remote areas Canada. There are large amounts of oil sands available that are yet to be extracted. So, in a market where there is a shortage of the conventional petroleum oil, the oil sands can be very promising. Oil companies can extract these oils and export it to the US or other global markets. Here are five things you should know about oil sands.

  1. The area from where oil sands are extracted must be cleared off. The wetlands must be drained, trees must be scraped away to expose the sandy deposit. So, the wildlife in those areas will be lost.
  2. Heavy equipment like colossal steam shovels and expensive dump trucks are needed to scoop up the top layer of the sand. This burns an enormous amount of diesel every day. It is estimated that about 16,000 liters of diesel are needed every day for this task.
  3. Lots of water is needed to produce oil sands. Small ponds are created for storing the contaminated water that is left over from the pre-processing stage. There are some cancer-causing pollutants in the contaminated water that might move through the groundwater system and into the surface water and soil. This creates environmental and health hazards.
  4. A lot of First Nations indigenous groups live in Alberta. Their lives are being affected by the mining of oil sands. Many of them are losing land rights and suffering from health issues. The hunting and fishing grounds are being affected due to some of the projects.
  5. The process of extracting oil sands release more greenhouse gas compared to the conventional crude oil. So, the environment is being greatly affected.

So, you can see that oil sands show a lot of prospect in the oil market but at the cost of harming the environment. Researchers must find out ways to reduce the environmental impact of mining oil sands.