WIH Resource Group Business Improvement Processes


WRG Services Spotlight

Here at WIH Resouce Group (WRG), were excited to assist you and we’ve come up with an in-depth plan to help improve your business operations and financials.  Since WRG focuses on providing our cleints with expert advice using top performance benchmarks and tools to increase your company’s performance, through a variety of the many services we offer, we are going to spotlight one of our core services weekly just for you.
Bob Wallace, MBA – President of WRG

#1 – WRG’s Operational Performance Assessment (the OPA)

WRG’s Operational Performance Assessment (OPA) provides you with detailed and critical information about your organization’s performance, offering the insights and tools needed to drive superior results quickly and lower your costs. The OPA is designed for companies that want to develop the most effective operation and understand how the highest performers have achieved it in the industry. Read more details below or click the “Let’s Get Started” button for the full content on our website.

Let’s Get Started
WRG’s Operational Performance Assessment, referred to as the “OPA”, is an operational efficiency audit – a technical review – of your operations.  The OPA includes reviewing: safety, waste collections, landfill – disposal, transfer station, MRF, recycling facilities, fleet management, related operations and facilities. It provides you with a practical evaluation of what’s working and what’s not.  If it’s part of your operations we’ll study it for you.

We then measure the productivity of the individual activities using our proprietary operations and financial analysis models and proformas.

We’ll present our findings and recommendations to you in a detailed report that provides instructions on how to improve your operation’s efficiency, and how those improvements translate into savings for your bottom line.

High Level OPA Review

If you aren’t ready for an in-depth OPA or don’t have the budget for a comprehensive evaluation, we also offer high level OPA reviews. We can focus on just a few major aspects of your operation, providing you a high level perspective, with recommendations on what to focus on more in-depth to gain efficiencies and greater profitabilty.

Want more information on how WIH Resource Group’s OPA can save your operation money and increase your productivity and efficiencies?

Contact WRG Now!

WRG’s Business Solutions

Our cross functional team comprises professionals with extensive waste, recycling, landfill gas, equipment and facility valuations, alternative fuels, fleet management, safety, transportation, functional operational, financial management and advisory experience who have implemented operational best practices at some of the world’s most respected companies.

Leveraging this experience as well as WRG’s structured, fact-based approach to operational improvement – we have helped clients across a variety of industries minimize risk, enhance customer satisfaction, operating margins, and reduced working capital requirements.

Click on the core service below that you are interested in for more details.  Some of our core consulting services focus on helping clients in these key areas:

  • M&A Support Services:  We provide deep subject matter expertise in an advisory capacity to help investors execute critical operational due diligence, transactional support, as well as post-merger integration activities to reduce risk and drive EBITDA expansion.
  • Business Performance Improvement:  We help clients address the complex issues that can erode operational performance across waste & recycling collections, recycling, Material Recovery Facilities (MRFs), transfer stations, landfills, composting, landfill gas systems and transportation – helping to build a new culture that helps sustain improvements over the long term.
  • Research, Surveying & Polling: WRG offers complete quantitative and qualitative research services, excelling in the design of customized surveys and research approaches to meet specific client needs.
  • Financial Cost of Service Studies: WRG’s team maintains a licensed Certified Public Accountant (CPA) on staff practicing in the field of integrated solid waste management with an emphasis in the financial analysis and operational evaluation of solid waste and recycling collection systems and facilities. Our CPA has assisted numerous public and private entities with setting collection rates, service procurement, program implementation, financial and performance audits, planning, and facility & systems analysis.
  • Safety Audits & Training:  Our team of experts offers specialized environmental health and safety services.  Members of WRG’s team are Certified Safety Professionals offering a full range of partnership safety assistance.  WRG is experienced in conducting safety audits, reviewing areas as diverse as management planning, budgeting, compliance, and benchmarking against other companies in similar SIC codes.
  • Expert Witness Services: Our team of expert witnesses are subject matter experts experienced in safety, landfill gas, waste & recycling collections, MRFs, landfills, transportation and personal injury.
  • Equipment and Facility Asset Valuations:  WRG’s valuation services include appraisals for waste facilities and inventories of waste and recycling equipment, vehicles, containers, landfill and transfer station “yellow iron” and a wide range of industrial and business equipment.  Every appraisal and valuation we conduct is done with extensive valuation experience.  We provide detailed appraisal and valuation reports that follow USPAP (Uniform Standards of Professional Appraisal Practice).  Our reports provide supporting documentation and images as needed for clients.
  • Alternative Fuels & Landfill Gas (RNG):  WRG will provide a comprehensive study of your current fleet makeup,  fueling characteristics, duty cycles and work applications, operations & maintenance practices, combined with an analysis of existing regional alternative fuel resources and clean air considerations.
  • Procurement Assistance: Whether you need assistance drafting an RFP / RFI / RFQ for services or responding to one, we can lead the efforts drafting the procurement and contract documents or your Proposal.
  • Organizational Change Management: WRG’s team can help your organization become aligned with the critical changes required for success. We work across the entire organization, offering business-oriented and data-driven solutions to drive your organization’s specific agenda to achieve the highest impacts and sustainable business results.
  • Wasteshed Market Radius Studies: The radius reports capture all waste disposal operations within a given market.They provide you with analysis of the major players by market share; show historical trends in pricing, waste disposal volume and disposal capacity specific to the geographic area included in the radius of the study.
  • Route Auditing & Rerouting: Whether you want to optimize solid waste or recycling collection routes for a fleet of 5 trucks or 150, need routing for high density areas or point-to-point collection, WRG provides both routing software tools as well as Field Route Auditors that can perform manual route audits that make on-route waste collection and dispatch operations both efficient and cost-effective.

If you are a member of a company’s management team looking to dramatically boost your organization’s operational and financial performance, or are part of a private equity firm seeking to enhance the profitability and value of its portfolio companies, we encourage you to learn more about WIH Resource Group and how we can help.

We can be reached at 480.241.9994 or admin@wihrg.com

 
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Phone: 480.241.9994 ~ Email: admin@wihrg.com
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Source: WIH Resource Group

WIH Resource Group’s team of expert witness litigation support professionals have a track record of success. Whether you’re facing a valuation dispute, damage assessment, contract claim, employee matter, safety incident, personal injury, landfill gas issue, or other pending legal action, our experts are ready to assist you.

For more information, visit our website by CLICKING HERE and contact us today to see how we can best serve you by phone at 480.241.9994 or by e-mail at admin@wihrg.com

Visit our new website!   www.wihresourcegroup.com

wihwebsite

ABOUT WIH RESOURCE GROUP

Celebrating a decade in business, WIH Resource Group is a global provider of professional technical and management support services to a broad range of markets, including waste management, recycling, financials, transportation, M&A due diligence and support, alternative fuel fleet conversions, facilities, environmental, energy for private sector business and government clients.

WIH Resource Group is a leader in all of the key markets that it serves. WIH Resource Group provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world’s built, natural and social environments.  WIH Resource Group serves clients in more than 175 key markets internationally.

WIH Website logo

More information on WIH Resource Group and its services can be found at www.wihrg.com.

Click on an image below to take you to WIH’s other sites!

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Why Successful People Never Bring Smartphones Into Meetings


You are annoying your boss and colleagues any time you take your phone out during meetings, says new research from USC’s Marshall School of Business, and if you work with women and people over forty they’re even more perturbed by it than everyone else.

The researchers conducted a nationwide survey of 554 full-time working professionals earning above $30K and working in companies with at least 50 employees. They asked a variety of questions about smartphone use during meetings and found:

  • 86% think it’s inappropriate to answer phone calls during meetings
  • 84% think it’s inappropriate to write texts or emails during meetings
  • 66% think it’s inappropriate to write texts or emails even during lunches offsite
  • The more money people make the less they approve of smartphone use.

The study also found that Millennials are three times more likely than those over 40 to think that smartphone use during meetings is okay, which is ironic considering Millennials are highly dependent upon the opinions of their older colleagues for career advancement.

TalentSmart has tested the emotional intelligence of more than a million people worldwide and found that Millennials have the lowest self-awareness in the workplace, making them unlikely to see that their smartphone use in meetings is harming their careers.

Why do so many people—especially successful people—find smartphone use in meetings to be inappropriate? When you take out your phone it shows a:

  • Lack of respect. You consider the information on your phone to be more important than the conversation at hand, and you view people outside of the meeting to be more important than those sitting right in front of you.
  • Lack of attention. You are unable to stay focused on one thing at a time.
  • Lack of listening. You aren’t practicing active listening, so no one around you feels heard.
  • Lack of power. You are like a modern-day Pavlovian dog who responds to the whims of others through the buzz of your phone.
  • Lack of self-awareness: You don’t understand how ridiculous your behavior looks to other people.
  • Lack of social awareness: You don’t understand how your behavior affects those around you.

I can’t say I’m surprised by the USC study’s findings. My company coaches leaders using 360° assessments that compare their self-perception to how everyone else sees them. Smartphone use in meetings is one of the most common coworker complaints.

It’s important to be clear with what you expect of others. If sharing this article with your team doesn’t end smartphone use in meetings, take a page out of the Old West and put a basket by the conference room door with an image of a smart phone and the message, “Leave your guns at the door.”

ABOUT THE AUTHORS:

Kevin Kruse is a NYT bestselling author, accomplished speaker, and expert in employee engagement and leadership. Download free articles at his website KevinKruse.com

Dr. Travis Bradberry is the award-winning co-author of the #1 bestselling book, Emotional Intelligence 2.0, and the cofounder of TalentSmart, the world’s leading provider of emotional intelligence tests, emotional intelligence training, and emotional intelligence certification, serving more than 75% of Fortune 500 companies. His bestselling books have been translated into 25 languages and are available in more than 150 countries. Dr. Bradberry has written for, or been covered by, Newsweek, BusinessWeek, Fortune, Forbes, Fast Company, Inc., USA Today, The Wall Street Journal, The Washington Post, and The Harvard Business Review.

Source: WIH Resource Group

WIH Resource Group’s team of expert witness litigation support professionals have a track record of success. Whether you’re facing a valuation dispute, damage assessment, contract claim, employee matter, safety incident, personal injury, landfill gas issue, or other pending legal action, our experts are ready to assist you.

For more information, visit our website by CLICKING HERE and contact us today to see how we can best serve you by phone at 480.241.9994 or by e-mail at admin@wihrg.com

Visit our new website!   www.wihresourcegroup.com

wihwebsite

ABOUT WIH RESOURCE GROUP

Celebrating a decade in business, WIH Resource Group is a global provider of professional technical and management support services to a broad range of markets, including waste management, recycling, financials, transportation, M&A due diligence and support, alternative fuel fleet conversions, facilities, environmental, energy for private sector business and government clients.

WIH Resource Group is a leader in all of the key markets that it serves. WIH Resource Group provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world’s built, natural and social environments.  WIH Resource Group serves clients in more than 175 key markets internationally.

WIH Website logo

More information on WIH Resource Group and its services can be found at www.wihrg.com.

Click on an image below to take you to WIH’s other sites!

467,000 Jobs Cut in June – National Jobless Rate at 9.5 Percent


Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 percent, suggesting that the economy’s road to recovery will be bumpy.

The Labor Department report, released Thursday, showed that even as the recession flashes signs of easing, companies likely will want to keep a lid on costs and be wary of hiring until they feel certain the economy is on solid ground.

June’s payroll reductions were deeper than the 363,000 that economists expected and average weekly earnings dropped to the lowest level in nearly a year.

However, the rise in the unemployment rate from 9.4 percent in May wasn’t as sharp as the expected 9.6 percent. Still, many economists predict the jobless rate will hit 10 percent this year, and keep rising into next year, before falling back.

All told, 14.7 million people were unemployed in June.

If laid-off workers who have given up looking for new jobs or have settled for part-time work are included, the unemployment rate would have been 16.5 percent in June, the highest on records dating to 1994.

“We were on the road of things getting less bad in the jobs market, and that has been temporarily waylaid,” said economist Ken Mayland, president of ClearView Economics. “But this doesn’t change my view that the recession will end later this year. We’re probably two months away.”

Since the recession began in December 2007, the economy has lost a net total of 6.5 million jobs.  As the downturn bites into sales and profits, companies have turned to layoffs and other cost-cutting measures to survive. Those include holding down workers’ hours and freezing or cutting pay.  The average work week in June fell to 33 hours, the lowest on records dating to 1964.

Layoffs in May turned out to smaller, 322,000, versus the 345,000 first reported. But job cuts in April were a big deeper — 519,000 versus 504,000, according to government data.

Even with higher pace of job cuts in June, the report indicates that the worst of the layoffs have passed. The deepest job cuts of the recession came in January, when 741,000 jobs vanished, the most in any month since 1949.  And there was some other encouraging job news Thursday.

In a separate report, the department said the number of newly laid-off workers filing applications for unemployment benefits fell last week to 614,000, in line with economists’ predictions. The number of people continuing to draw benefits unexpectedly dropped to 6.7 million.  Still, job losses last month were widespread.

Professional and business services slashed 118,000 jobs, more than double the 48,000 cut in May. Manufacturers cut 136,000, down from 156,000. Construction companies got rid of 79,000 jobs, up from 48,000 the previous month. Retailers eliminated 21,000, up from 17,600. Financial activities cut 27,000, following 30,000 in May. The government cut 52,000 jobs, up from 10,000 the previous month. Leisure and hospitality cut 18,000 jobs, erasing a gain of the same size in May.  One of the few industries adding jobs: education and health services, which added 34,000 positions last month and 47,000 in May.

Mayland and other economists said a good chunk of June’s job losses likely were affected by shutdowns at General Motors Corp. and fallout from the troubled auto industry, which should let up later this summer. The government said employment at factories making autos and parts fell by 27,000 last month.  Payroll losses and the unemployment rate are derived from two separate statistical surveys. The jobless rate probably would have moved higher if not for people dropping out of the labor force.

With the weakness in the job market, workers didn’t see any wage gains in June. Average hourly earnings were flat at $18.53. Average weekly earnings fell from $613.34 in May, to $611.49 in June, the lowest level in nearly a year and the first drop since March. That raises fresh questions about consumers’ willingness to spend in the months ahead.  The worst crises in the housing, credit and financial markets since the 1930s have plunged the country into the longest recession since World War II.

Many think the jobless rate could rise as high as 10.7 percent by the second quarter of next year before it starts to make a slow descent. Some think the rate will top out at 11 percent. The post-World War II high was 10.8 percent at the end of 1982, when the country had suffered through a severe recession.

Federal Reserve Chairman Ben Bernanke predicts the recession will end this year, with many economists forecasting that the economy will start to grow again as soon as the current July-September quarter.  But recoveries after financial crises tend to be slow, which is why economists predict it will take years for the job market to return to normal. Some predict the nation’s unemployment rate won’t drop to 5 percent until 2013.

An elevated unemployment rate could become a political liability for President Barack Obama when congressional elections are held next year. The last time the unemployment rate topped 10 percent, the party of the president — then Ronald Reagan’s GOP — lost 26 House seats in midterm elections in 1982.  So far, many people are saving — rather than spending — the extra money in their paychecks from Obama’s tax cut, blunting its help in bracing the economy. Much of the economic benefit of Obama’s increased government spending on big public works projects won’t kick in until 2010, analysts say.

The White House last week said federal money was being shoveled out of Washington quickly, but states aren’t steering the cash to counties that need jobs the most.

Large job cuts have continued this week. Newspaper publisher Gannett Co. said it plans to cut 1,400 jobs in the next few weeks, about 3 percent of the work force, as it faces a prolonged slump in advertising revenue. Farm machinery company Deere & Co. said 800 salaried employees, or 3 percent of its salaried work force, took a voluntary buyout offer.

Source:  United States Labor Department Report – Released July 1, 2009

If you have any questions about this news or general questions about our diversified services, please contact us at admin@wihrg.com.

Feel free to visit our websites for additional information on our services at: http://www.wihrg.com , http://www.wihresourcegroup.com and http://www.wastesavings.net and our daily blog at https://wihresourcegroup.wordpress.com

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Clean Energy Opens World’s Largest LNG/CNG Truck Fueling Station at Long Beach/Los Angeles Ports


The world’s largest natural gas truck fueling station, designed and built by Clean Energy Fuels Corp. (Nasdaq: CLNE), is now open for business on a 2.9-acre site adjacent to the Ports of Long Beach and Los Angeles. 

The new public access station, configured to fuel trucks on a 24/7 basis, features two 25,000-gallon liquefied natural gas (LNG) storage tanks, six LNG dispensers, and two compressed natural gas (CNG) dispensers.  The Clean Energy station is located on property leased from the Port of Long Beach at Anaheim and I streets. It is specifically designed to support the goals of the San Pedro Bay Ports’ Clean Air Action Plan (CAAP) and Clean Truck programs.

Andrew Littlefair, Clean Energy President and CEO, said, “Clean Energy is proud to support the ports and their quest for cleaner air and a clean fuel future by building this landmark LNG/CNG truck fueling station that can provide fuel for several hundred natural gas Port trucks daily.”

He added, “We have seen demand for LNG and CNG fuel grow significantly as major trucking companies secure and deploy new natural gas-powered trucks at the ports. As demand for the environmentally-friendly fuel continues to increase, Clean Energy plans to add 50,000 gallons of fuel storage to the new station’s current capacity, as well as four more LNG/CNG fueling lanes.”

The Ports’ CAAP and Clean Truck programs call for the retirement or conversion of old diesel trucks entering the ports in favor of new diesel and alternative fuel (natural gas) trucks.  Natural gas vehicle fuel provides lower emissions than gasoline and diesel, including up to a 23% reduction in greenhouse gases in medium- and heavy-duty applications and up to 30% reductions for light-duty vehicles. The domestic natural gas used by the trucks also reduces America’s dependence on imported oil.

The new station is the second that Clean Energy has opened in the area to serve port drayage trucks. The first, operational since December 2007, is located near the ports at Southern Counties Express, a major port-trucking firm. This station currently supplies approximately 10,000 LNG gallons of fuel on a daily basis.

Source: Clean Energy & Port of Los Angeles and Port of Long Beach

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Feel free to visit our websites for additional information on our services at: http://www.wihrg.com , http://www.wihresourcegroup.com and http://www.wastesavings.net and our daily blog at https://wihresourcegroup.wordpress.com

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Anheuser-Busch Taps Landfill Gas for Houston Brewery


The Anheuser-Busch brewery in Houston will begin using landfill biogas as an alternative fuel source.  The gas will be carried through a six-mile pipeline from the McCarty Road landfill to the Anheuser-Busch brewery to help generate steam energy for the brewery’s power plant. More than 55 percent of the brewery’s fuel demand will be supplied by biogas.

Landfill biogas, which is created when organic material in a municipal solid waste landfill decomposes, consists of about 50 percent methane.

“In addition to utilizing this alternative source of fuel, through active conservation efforts at our Houston brewery we’ve reduced our fuel usage by 15 percent and our electricity use by more than five percent in the last 18 months,” said Richard Wohlfarth, general manager of Anheuser-Busch’s Houston brewery.

The project, developed as part of a partnership with Ameresco that constructed and operates a biogas processing facility on the landfill’s property, broke ground in March of 2008 and was completed in May of 2009.  The McCarty Road Landfill gas project is one of 75 alternative energy projects at Republic Services’ landfills nationwide.

Source: Anheuser-Busch

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Feel free to visit our websites for additional information on our services at: http://www.wihrg.com , http://www.wihresourcegroup.com and http://www.wastesavings.net and our daily blog at https://wihresourcegroup.wordpress.com

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Company Spotlight and Profile: WIH Resource Group, a Global Leader in Developing Client-Specific Environmental and Logistical Solutions


WIH Resource Group, a Global Leader in Developing Client-Specific Environmental and Logistical Solutions.

Company Overview

WIH Resource Group (WIH) is based in Phoenix, Arizona and provides its expertise to our clients in both the public and private sectors throughout North America. WIH and its affiliates also specialize in financial and operational analysis of integrated solid waste management. At WIH Resource Group, one of our primary missions is to serve the solid waste and recycling needs of local governmental agencies, municipalities and private sector clients. The combined team of experts at WIH Resource Group are uniquely qualified to assist you with consulting services.

National Leader in Solid Waste Consulting: The WIH Resource Group Team offers unique qualifications and experience needed to provide the full range of consulting, technical research and development services required to successfully complete integrated solid waste and recycling projects.  The WIH Resource Group team has worked with hundreds of municipalities, multiple jurisdictional solid waste authorities and private sector clients across the Western United States to evaluate, plan, improve financials and operations, assess and improve their regulatory compliance and management throughout their individual organizations.

Knowledge of Local and National Solid Waste Systems, Trends, Regulations and Economics:  The WIH Resource Group Team have established a track record of providing solid waste consulting services to numerous public and private sector clients. Key members of our Team have completed hundreds of solid waste and recycling projects throughout the United States. 

Solid Waste and Recycling Cost of Services:  As part of the WIH Resource Group team, our CPAs have developed and provide a tool known as the “Model Rate Program” that lists the major procedures and steps that typically are performed in a rate setting or cost of service analysis. 

Program Development and Implementation: Working with cities on program planning and implementation is a primary service of the WIH Resource Group team.  We have experience in solid waste and recycling program planning, development and implementation. 

Waste Reduction / Diversion and Disposal Options: Members of the WIH Resource Group Team have performed and led large scale projects that focused waste reduction including identifying additional recyclables that can be collected, processed and marketed; improvements to recycling collection or processing operations.

WIH Resource Group and our diversified team of industry experts are commited to continue to provide our diverse client base with information and sustainable solutions that assist them in reaching their client-specific goals and various initiatives. 

Real World Industry Experience
The WIH Resource Group team has over forty years of combined management and project experience in developing solutions to challenges in environmental, solid waste & bio-solids management, transportation and logistics.  Prior to joining WIH Resource Group, several members of our team spent over forty years (combined) with some of the largest Fortune 500 solid waste companies and the largest provider of solid waste management services in North America, in various senior-level key management positions throughout the United States.

Our experience includes the oversight of operations, maintenance, finance, human resources, business development, sales, safety and environmental compliance while maintaining responsibility for multi-million dollar publicly and privately held assets including: a variety of collection operations, Sub-title D and hazardous and Class II landfills, transfer stations, intermodal facilities, recycling centers, buyback centers, material recovery facilities, vehicle and container maintenance operations, call centers and payment processing operations.

We look forward to serving you and assisting you in reaching your goals. 

For additional information and/or to discuss your individual needs, feel free to contact Bob Wallace of WIH Resource Group at 480-241-9994 or via email at:

bwallace@wihresourcegroup.com

Be Sure to Visit WIH Resource Group’s Daily Environmental News Blog for current information on Environmental, Economic, Energy, Alternative Fuels, Technology, Solid Waste, Recycling and Transportation Topics:

https://wihresourcegroup.wordpress.com/

Source: WIH Resource Group (WIH)

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Ocean Renewable Energy Has Huge Potential But Not Without Giant Hurdles


Since 1844, when the first tide wheel was built, inventors have been trying to harness the immense power of the ocean with little success. Now the next generation of engineers is trying to break the course of history and turn this niche industry into a major energy player.

In 1894, currents were used to compress air and run a turbine; today, waves are being used to compress air in an oscillating water column. In 1923, a patent was issued for a snake-like machine that used waves to run a hydraulic pump; today, Pelamis Wave Power has deployed (and since removed) an almost-identical machine off the coast of Portugal. And in 1946, a horizontal-axis turbine was invented to harness the currents of the ocean; today, Verdant Power is testing a similar device in the East River near New York City.

any people think this industry is new, but these devices have been around for a long time. You see a lot of the newer designs that are based on older designs. The marine energy industry is generally broken up into a number of different technologies: wave, tidal, current, salinity gradient, ocean thermal and offshore wind. Offshore wind — while still very nascent — is one of the only technologies being deployed on a commercial scale.

There’s a lot of excitement about wave and tidal technologies today, a result of the broader interest in clean energy. But some are cautious about some of the claims being made by companies. Many tout the benefits of their technologies, but few are actually close to achieving those claims. The small bits of electricity actually being generated usually come in at the US $0.40 per kilowatt-hour (kWh) range.

Technological successes in marine energy over the last 165 years have been incremental. But with the emergence of new materials, sophisticated electronics and unprecedented amounts of money being invested in new ocean energy technologies, the industry is looking far different than it did in the past.

Today’s marine renewable energy industry is commonly compared to the wind industry of the 1980’s and early 1990’s. At that time, there were many competing technologies being developed and thousands of turbines were broken during the testing process. Eventually, certain designs won out, parts for those machines were standardized, and a supply chain was created to service them. The marine energy industry will have to go through the same culling process. Ocean energy is about 15 years behind wind energy, but it won’t take 15 years to catch up.

With only 10 megawatts of installed marine energy capacity around the world, the industry has a long way to go before it catches up with the more than 120 gigawatts of global wind capacity. In theory, the oceans could supply us with a lot of energy. The International Energy Agency estimates that tidal, wave, current, salinity gradient and ocean thermal technologies could represent more than 100,000 terawatt-hours of energy each year.

The high cost of demonstrating projects remains a significant problem, especially recently because of the lack of capital available due to the financial crisis. Once technologies are ready to be deployed on a commercial or pre-commercial scale, a long and complex permitting process must be completed. This process can also be a problem for inexperienced, cash-strapped companies — especially in the U.S.

Source: RenewableEnergyWorld.com

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Feel free to visit our websites for additional information on our services at: http://www.wihrg.com , http://www.wihresourcegroup.com and http://www.wastesavings.net and our daily blog at https://wihresourcegroup.wordpress.com

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