Oil & Gas Energy Updates
May 2021

With the increasing awareness of climate change and a push for ESG, we’re seeing more heavy industry, and high energy consuming companies in the mining, machining, timber, dairy, IT and hospitality sectors (to name a few), turn to renewable energy.

Beyond installing solar panels where applicable, many of these sectors either produce enormous amounts of waste heat or are geographically positioned near existing assets (or favorable underground conditions) that produce hot water or brines that can repurposed.

Not only is there a growing demand for environmental responsibility but there are clear economic benefits to offsetting the high energy consumption, often times, saving hundreds of thousands of dollars in utility bills alone per year.  The cost savings potential while reducing their carbon footprint and proactive position on climate change will benefit all stakeholders involved.

Learn more about how the Magnuvis solution can help the industrial sector.