Heat recovery

Ottawa: Energy is going up in smoke

Toronto Star / Tyler Hamilton / 23 June 2008

Tim Angus says he can't help but smirk every time the price of a barrel of oil shoots up a few dollars.

"It's funny to work at a company where people are rubbing their palms when they ask, `Hey, did you hear what oil is at today?' "

It's not that Angus likes paying more to fill up his car, or likes seeing the economy suffer under the grip of inflation, caused by the rapid rise in fossil fuel prices. It's that Angus, president and chief executive officer of Ottawa-based Thermal Energy International Inc., is in the business of helping companies use their fuel more efficiently.

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