Over time we have seen the rise of the modern energy service provider.Īs we have previously noted, the main challenge for energy service firms comes down to lessening costs and create sustainable solutions into the future. In the 90s with deregulation we witnessed the rise of ESCOs then things slowed throughout the Obama administration we observed reversals of regulations just to again be deregulated by the current President Donald Trump. The fact is that, as of this writing Total has said they will be writing off over $6 billion in Alberta oil sands assets in Canada.Įach ESCO is different in their own technological specializations whereas others address the overall scope of service which includes mobile steam boiler services, meter testing, turnarounds and shutdowns are a few of them.Īt this moment we’re witness to certainly one of the largest deregulating governments the Americans have ever witnessed which is only improving with recent statements from the Trump Administration made in Texas this past week.Īn interesting study between the US and Canada reveals the contrastive disparities regarding a deregulating government like the USA is at the moment, and the left leading government of Canada.
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