Energy in Singapore
Energy in Singapore is critically influenced by its strategic position in maritime Southeast Asia, nestled between Malaysia and the Singapore Strait, near essential maritime routes like the Straits of Malacca and the South China Sea. This location has established Singapore as a central hub for the global petroleum,…
Ecotricity
Ecotricity is a British energy company based in Stroud, Gloucestershire, specialising in selling green energy to consumers that it primarily generates from its 87.2-megawatt wind power portfolio. It is built on the principle of heavily reinvesting its profit in building more of its own green energy generation.
Mark Group
Mark Group Limited is a UK based energy advice and installation company, who focus upon energy efficiency. Mark Group went into administration on 7 October 2015.
2000s energy crisis
From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under US$25/barrel in 2008 dollars. During 2003, the price rose above $30, reached $60 by 11 August 2005, and peaked at $147.30 in July 2008.
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Air source heat pump
An air source heat pump (ASHP), the most common type of heat pump, can absorb energy (heat) sourced from cold ambient air outside a building, and release the energy at a higher temperature to heat the building, either via hot air or hot water. Electricity powers the mechanical pump (compressor), the used electric…
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Electricity price forecasting
Electricity price forecasting (EPF) is a branch of energy forecasting which focuses on using mathematical, statistical and machine learning models to predict electricity prices in the future. Over the last 30 years electricity price forecasts have become a fundamental input to energy companies' decision-making…