Aqua America, Inc. (NYSE: WTR) discusses it role in the water/energy relationship in its most recent news:
"Speaking before the Citi Climate Change and Water Conference today in London, England, Aqua America, Inc Chairman and CEO Nicholas DeBenedictis said that the water-energy nexus will play a large role in future of the company with respect to environmental and business opportunities.
"Electricity is generally the largest expense of any public water utility, second only to labor. When you couple that with the fact that our business was created out of concern for the environment and public health, it makes perfect sense that water companies—particularly those in the private sector—would pursue sustainable clean energy sources, such as solar, as a complement to traditional power,” said DeBenedictis.”
Full News: http://finance.yahoo.com/news/Aqua-America-CEO-WaterEnergy-bw-693858240.html?x=0&.v=1
According to reports from Wescorp Energy Inc. (OTCBB: WSCE) - "The oil and gas industry annually spends $50B worldwide on separating hydrocarbons ("oil”) from water. America’s major new shale gas plays, the opening of off-shore resources, and drilling in the far north will cause water recycling and remediation costs to escalate further. The Gulf of Mexico oil leak disaster will accelerate regulatory standards. Wescorp believes that there will also be a move toward accelerated industry investment to water cleaning and reuse, rather than continuous consumption, contamination and disposal.
The primary technologies utilized by industry to separate oil and water, such as heat, gravity and time, have not meaningfully changed for over 50 years, and have limited effectiveness. Technological additions, such as filters and chemicals, have enabled improved effectiveness, but at increased cost, liability and with limited reliability. Even with filters and chemicals, contaminated water can only be disposed of in great volume as waste, rather than recycled "
Wescorp Energy Inc. (OTCBB: WSCE) 's H2Omaxx utilizes proprietary next generation aeration technology to clean and separate oil and solids from water. It is a proven safe, effective, economical and environmentally-friendly process.
Independent test results have shown the H20maxx technology to reduce the oil content in produced water to less than 10 parts per million without the use of chemicals, filters or heat.
Water Stocks Sector Trading Snapshot
- American Water Works (NYSE: AWK) trading at $28.52, up 0.23 (0.80%) 11:08AM EDT
- Aqua America, Inc. (NYSE: WTR ) trading at 21.42, up 0.12 (0.56%) 11:06AM EDT
- Heckmann Corporation (NYSE: HEK) trading at $5.74, down 0.01 (0.17%) 11:09AM EDT
- ITT Corporation (NYSE:ITT) trading at $55.68, up 1.11 (2.03%) 11:09AM EDT
- Nalco (NYSE:NLC)
- Pentair, Inc. (NYSE: PNR) trading at$37.60, up 0.35 (0.94%) 11:17AM EDT
- Primo Water Corporation (NASDAQ:PRMW) trading at $12.75, up 0.17 (1.35%) 10:01AM EDT
- Valmont Industries, Inc. (NYSE: VMI ) trading at $95.02, up 0.65 (0.69%) 11:07AM EDT
- Watts Water Technologies, Inc. (NYSE: WTS ) trading up at $32.76, up 0.26 (0.80%) 11:10AM EDT
- Wescorp Energy Inc. (OTCBB: WSCE ) trading at $0.0619
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