BOSTON--(BUSINESS WIRE)--Schneider Electric, the global leader in the digital transformation of energy management and automation, is proud to announce that its Dallas site has achieved the UL Verified Healthy Building Mark for Indoor Air, demonstrating that the company’s indoor spaces have been evaluated by a third-party service provider to help ensure a healthy environment for the site’s occupants. The site has recently undergone a major renovation, with sustainability goals and initiatives at the forefront, and this verification recognizes the company’s ongoing commitment to the health and well-being of employees and visitors.
As one of the most respected names in safety, security and sustainability for buildings, UL’s Verified Healthy Building program is designed to help building owners demonstrate their commitment to a healthier environment for occupants in up to five areas, including IAQ. To achieve UL verification, the facility must go through a rigorous evaluation and testing period comprised of on-site, quantitative measurements, visual inspections and review of existing plans or policies. The site will be assessed using bi-annual on-site inspections to maintain compliant IAQ, and such inspections may include data from indoor air quality sensors for continual monitoring of quantitative metrics.
“Creating healthy and sustainable buildings is in our DNA,” said James Mylett, Vice President, US Digital Buildings at Schneider Electric. “We’ve made the same commitment to fostering healthy spaces for our employees at our office sites that we provide for our customers. This verification from UL recognizes our dedication to improving the quality of buildings that our teams work and collaborate in every day.”
The UL Verification serves as a science-based credential by an independent party fostering the occupants' trust in the company’s brand. “Schneider Electric is clearly going the extra mile to give their employees the peace of mind that comes with knowing they are working in a healthier environment,” said Sean McCready, Director, Asset and Sustainability, Real Estate and Properties at UL, “As workers start returning to physical office buildings, it is essential that companies everywhere take the necessary measures to earn the trust of their employees, and we’re excited to continue recognizing leaders in the IAQ space like Schneider Electric.”
The growing need for healthy and resilient buildings has prompted many companies to reconsider their practices around fundamental building aspects such as indoor air, water, hygiene and other indoor environmental quality factors. Schneider Electric was recognized as the World’s most sustainable corporation in 2021 by Corporate Knights and continues to advance its efforts to promote safer, healthier, more people-centric spaces by partnering with UL and utilizing its comprehensive range of solutions.
About Schneider Electric
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services across the entire lifecycle, enabling integrated company management for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Follow us on: Twitter, Facebook, LinkedIn, YouTube, Instagram, Blog
Hashtags: #LifeIsOn #BuildingsOfTheFuture #SchneiderElectric
Schneider Electric Media Relations – Vicki True; 774-613-1158; This email address is being protected from spambots. You need JavaScript enabled to view it.
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DEERFIELD, Ill.--(BUSINESS WIRE)--CF Industries Holdings, Inc. (NYSE: CF) today welcomed the U.S. Department of Commerce’s (“Commerce”) final affirmative determinations in antidumping and countervailing duty (“AD/CVD”) investigations of urea ammonium nitrate (“UAN”) imports from Russia and Trinidad and Tobago (“Trinidad”).
“Today’s final determinations by the U.S. Department of Commerce represent an impartial application of U.S. law designed to ensure a level playing field for American industries competing against the unfair trade practices from state-subsidized entities underpinning UAN imports from both Russia and Trinidad for many years,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “These unfair trade practices have been thoroughly documented by U.S. government professionals during the process leading to today’s announcement. We believe this is an important step in the enforcement of longstanding U.S. trade rules to promote fair competition and in supporting a sustainable and reliable domestic UAN industry to serve American farmers.”
Commerce found that imports from Russia are dumped (i.e., sold at less than fair value) at rates ranging from 8.16% to 122.93%, and unfairly subsidized at rates ranging from 6.27% to 9.66%. In addition, Commerce found that imports from Trinidad are dumped at a rate of 111.71% and unfairly subsidized at a rate of 1.83%.
The U.S. International Trade Commission (“ITC”), an independent government agency, is conducting a separate investigation to determine whether imports of UAN from Russia and Trinidad materially injure, or threaten material injury to, the U.S. UAN industry. The ITC made an affirmative preliminary determination in August 2021, and is scheduled to make its final determination on July 18, 2022. If the ITC’s final determination is affirmative, then Commerce will issue AD/CVD orders, which will remain in place for at least five years.
Commerce and the ITC initiated their investigations in July 2021 in response to petitions filed by CF Industries through certain of its production facilities.
About CF Industries Holdings, Inc.
At CF Industries, our mission is to provide clean energy to feed and fuel the world sustainably. With our employees focused on safe and reliable operations, environmental stewardship, and disciplined capital and corporate management, we are on a path to decarbonize our ammonia production network – the world’s largest – to enable green and blue hydrogen and nitrogen products for energy, fertilizer, emissions abatement and other industrial activities. Our nine manufacturing complexes in the United States, Canada, and the United Kingdom, an unparalleled storage, transportation and distribution network in North America, and logistics capabilities enabling a global reach underpin our strategy to leverage our unique capabilities to accelerate the world’s transition to clean energy. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.
Media
Chris Close
Director, Corporate Communications
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Investors
Martin Jarosick
Vice President, Treasury and Investor Relations
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New Corporate Identity Showcases Industry Leadership in Battery Collection, Processing, and Material Upgrading for End-to-End Battery Supply Chain Solution with a Global Focus
CHARLOTTE, N.C.--(BUSINESS WIRE)--Cirba Solutions is now the combined entity representing Heritage Battery Recycling, Retriev Technologies, and Battery Solutions, creating the most experienced and comprehensive battery management and materials platform enabling a circular battery supply chain for the industry. The company’s focus on lithium-ion batteries, required for the rapidly growing electric vehicle industry, is supported by its robust end-to-end solution for all types of battery recycling and processing. Its expansive footprint includes six processing locations in North America, including two lithium-ion operations, and will be rapidly expanding with additional materials processing sites being selected this year.
“Our society is experiencing a rapid electrification transformation. Cirba Solutions, which signifies where circularity and batteries come together, is the most experienced and trusted company to handle the entire battery management process for our customers and we have the expertise to grow our services to meet the scope and scale of the upcoming future,” said David Klanecky, CEO, Cirba Solutions. “A key to our success will be to address the complexity of the circular supply chain for customers to meet the industry’s need for lithium-ion batteries.”
The company has fundamentally expanded its operational capabilities and industry expertise in the last eight months:
Cirba Solutions has a well-established heritage through its predecessor companies. Retriev Technologies was the largest and most experienced cross-chemistry battery recycler in North America and has recycled more than 50 million pounds of lithium-ion batteries. For more than 30 years, it has seen battery technology change and has adapted to meet market needs through innovation, customer collaboration, and laser-focused execution.
Battery Solutions built the largest North American post-consumer battery sorting services with a transportation, logistics, and collection infrastructure that can collect any volume of batteries of any type throughout the continent and leads the industry in compliance and safety. Processing tens of millions of pounds of end-of-life batteries annually with more than 7,000 customers, covering collection, services, and battery-centric logistics, this supports the battery management efforts for the circular supply chain.
“Cirba Solutions is the only player in the market today that has an operational, differentiated business with a full suite of capabilities to address lithium-ion and cross-chemistry battery demand,” said Klanecky. “Plus our differentiated technology roadmap provides a technical foundation for significant gains in upgrading materials while servicing the industry needs for today.”
The industry is preparing for the growing demand of electric vehicles in North America, which is estimated to grow from two million cars on the road today to 118 million by 2040. Auto manufacturers have committed to invest more than $500 billion in electrifying their fleet. Demand for new metals is anticipated to grow three-fold over the next eight years, enabling battery recycling as a viable and more sustainable resource for the overall EV supply chain.
“We are servicing the needs of today and supporting our future generations with sustainable solutions for the planet,” said Klanecky.
More information is available at www.cirbasolutions.com.
Kristy Finch
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773.621.2893
Michel Combes to Step Down After Five Years at SoftBank
Clavel Brings Years of Global SoftBank Experience to the Role
TOKYO--(BUSINESS WIRE)--SoftBank Group Corp. (“SoftBank”) today announced that Alex Clavel, currently Managing Partner at SoftBank Group International (“SBGI”), has been appointed as Chief Executive Officer of SBGI, effective June 30, 2022. Mr. Clavel will succeed Michel Combes, who has decided to leave SoftBank to pursue new opportunities.
Mr. Clavel will bring seven years of leadership experience at SoftBank across Tokyo, Silicon Valley and New York to the role, in which he will oversee SBGI’s operations and investment portfolio, including its stakes in Boston Dynamics, SoFi, Fortress, T-Mobile, Arm, among other portfolio companies. Together with the SoftBank Vision Funds, SBGI is responsible for all SoftBank Group Corp. activities outside of Japan, including across Europe, the U.S., Asia and Latin America.
Masayoshi Son, Representative Director, Corporate Officer, Chairman & CEO of SoftBank Group Corp., said, “Building on more than two decades of experience in corporate development and investing, Alex has long been a trusted leader at SoftBank in multiple locations around the globe. I am confident that his experience – combined with the strong SoftBank team around him – will serve us well as we continue our journey as Vision Capitalists.”
Mr. Son continued, “I want to thank Michel for his crucial contributions to SoftBank over the past five years. He has played a critical role in some of our most important investments and assets, and I wish him all the best with his future plans. I’m glad he will remain part of the SoftBank family by continuing to represent us on various portfolio company boards.”
Mr. Clavel commented, “I am honored by the trust Masa has placed in me to lead SBGI and am fortunate to have worked alongside Michel. I am excited to build on our success and for what’s to come.”
Mr. Combes said, “It has been a pleasure to work with Masa and the talented teams across SoftBank. I am departing SoftBank proud of having achieved what I set out to do here, including turning around Sprint and executing its merger with T-Mobile, repositioning WeWork and successfully taking it public, and, most recently, the integration of the SoftBank Latin America Funds into the Vision Fund, as well as overseeing SoftBank’s strategic investments in French and European portfolio companies. I am pleased to pass the baton to Alex. He has been my partner for the past two years and I am confident he’s well positioned to lead the team and carry forward our success into the future.”
Alex Clavel Biographical Information
Most recently, Mr. Clavel has been responsible for managing several of SoftBank’s international platform of investments outside of the Vision Funds, including T-Mobile, Deutsche Telecom, WeWork and OneWeb. He serves as a director on the boards of numerous companies and investment vehicles, including Arm China, Boston Dynamics, InMobi, SB Energy, Goggo, and Levere Holdings Corp. Mr. Clavel joined SoftBank in Tokyo in 2015 and worked in SoftBank’s Silicon Valley office before moving to New York with SoftBank in 2018.
Prior to joining SoftBank, Mr. Clavel spent 19 years at Morgan Stanley in investment banking, where he focused on technology, media and telecom M&A. He graduated from Princeton University and speaks French, Japanese and Mandarin Chinese.
About SoftBank Group
The SoftBank Group invests in breakthrough technology to improve the quality of life for people around the world. The SoftBank Group is comprised of SoftBank Group Corp. (TOKYO: 9984), an investment holding company that includes stakes in telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers; the SoftBank Vision Funds, which are investing more than US$140 billion to help extraordinary entrepreneurs transform industries and shape new ones; the US$8 billion SoftBank Latin America Funds; and investments in underrepresented founders, including the SB Opportunity Fund, a US$100+ million fund investing in Black, Latinx and Native American founders, and SoftBank Investment Advisers’ global Emerge program. To learn more, please visit https://group.softbank/en.
Japan:
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FGS Global
Benjamin Spicehandler / Hannah Dunning
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DAYTON, Ohio--(BUSINESS WIRE)--REX American Resources Corporation (NYSE: REX) (“REX” or “the Company”) announced today that its Board of Directors has declared a 3-for-1 split of its Common Stock to be effected as a 200 percent (200%) Common Stock dividend.
The dividend is payable August 5, 2022, to shareholders of record as of the close of business on July 29, 2022. Shareholders will receive two additional shares of Common Stock for every share held on the record date. As a result of the stock split, REX American Resources’ outstanding shares of Common Stock will increase from 5,953,975 at present, to approximately 17,861,925 shares.
Taking into effect the planned stock split, effective at the close of business on July 29, 2022, the number of shares of Common Stock previously authorized by the Board of Directors for repurchase will be increased by 200 percent (200%) to 1,348,239 shares.
Commenting on the stock split, REX American Resources’ Chief Executive Officer, Zafar Rizvi, commented, “Since 2010, the Company has repurchased approximately 4,779,000 shares of its common stock, which reflects our confidence in our long-term prospects and the strong cash flow that we have generated from our ethanol operations and ownership interests. However, due to the resulting significant reduction in float, the Board of Directors has authorized a 3-for-1 stock split to enhance liquidity for our shareholders.”
About REX American Resources Corporation
REX American Resources has interests in six ethanol production facilities, which in aggregate shipped approximately 700 million gallons of ethanol over the twelve-month period ended April 30, 2022. REX’s effective ownership of the trailing twelve-month gallons shipped (for the twelve months ended April 30, 2022) by the ethanol production facilities in which it has ownership interests was approximately 277 million gallons. Further information about REX is available at www.rexamerican.com.
This news announcement contains or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by use of forward-looking terminology such as “may,” “expect,” “believe,” “estimate,” “anticipate” or “continue” or the negative thereof or other variations thereon or comparable terminology. Readers are cautioned that there are risks and uncertainties that could cause actual events or results to differ materially from those referred to in such forward-looking statements. These risks and uncertainties include the risk factors set forth from time to time in the Company’s filings with the Securities and Exchange Commission and include among other things: the effect of pandemics such as COVID-19 on the Company’s business operations, including impacts on supplies, demand, personnel and other factors, the impact of legislative and regulatory changes, the price volatility and availability of corn, distillers grains, ethanol, non-food grade corn oil, commodity market risk, gasoline and natural gas, ethanol plants operating efficiently and according to forecasts and projections, logistical interruptions, changes in the international, national or regional economies, the impact of inflation, the ability to attract employees, weather, results of income tax audits, changes in income tax laws or regulations, the impact of U.S. foreign trade policy, changes in foreign currency exchange rates and the effects of terrorism or acts of war. The Company does not intend to update publicly any forward-looking statements except as required by law.
Douglas Bruggeman
Chief Financial Officer
(937) 276‑3931
Joseph Jaffoni, Norberto Aja
JCIR
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SPRING, Texas--(BUSINESS WIRE)--ExxonMobil has launched “Mission: Unstoppable,” a Mobil Delvac™-branded campaign that shines a light on how best-in-class lubrication strategies help drive success for America’s trucking fleets, including for NASCAR’s Stewart-Haas Racing (SHR) team.
The campaign, which dives deep into how Mobil Delvac solutions have helped SHR’s fleet improve team performance, explores a core truth: whether the goal is to grow your business or win races, high-performance fleets and motorsports teams both need one thing – engines running at peak performance, delivering unstoppable results.
In a six-minute documentary-style video, fleet managers and maintenance managers get a behind-the-scenes look at SHR’s hauler operations as Gary Geissman, Fleet Manager for Stewart-Haas Racing and his crew prepare for the Talladega GEICO 500 Cup Series NASCAR race in April 2022. In their story, Geissman and his colleagues emphasize the need for a reliable, high-performing fleet, and how Mobil Delvac helps his team operate as ‘absolutely unstoppable’.
“We’ve been using Mobil Delvac for over ten years in all our heavy-duty diesel trucks here at Stewart-Haas,” Geissman explains. “In our fleet, we used to change the oil every 20,000 miles. We now change it every 70,000 miles – there’s less downtime for us, and a lot more time to chase the checkered flag.”
Ultimately, the SHR team’s success and peace-of-mind depends on the reliability of its trucking fleet. These haulers transport nearly 80,000 pounds of equipment each – from spare engines and parts to the race cars themselves – and the team only wins if they arrive on time, every time. With the help of Mobil Delvac products and services, the SHR fleets have found ways to improve uptime and performance, helping the racing team win multiple NASCAR Drivers’ Championships and support the careers of racing legends such as Tony Stewart, Kevin Harvick, Clint Bowyer, Danica Patrick, Aric Almirola, and more. Since 2011, ExxonMobil and SHR have worked together on two Cup series championships and nearly 100 Cup wins.
“Winning fleets know that every opportunity to increase uptime, reduce labor costs, and free up technician time for other tasks can be a significant advantage for their business,” said Paul Cigala, Commercial Vehicle Lubricants Applications Engineer for ExxonMobil. “In ‘Mission: Unstoppable,’ we showcase how Mobil Delvac products and services can be a secret ingredient in fueling success for fleets of all sizes – put simply, it can be the ‘unstoppable’ advantage they need to grow their business even further.”
The wider campaign also features real-life testimonials from other winning fleets from across the U.S., showcasing how Mobil Delvac customers use the brand’s products and services to maximize uptime, drive cost savings, and push performance to new heights.
For more information on the campaign and to explore these stories, visit info.mobillubricants.com/missionunstoppable.
About Mobil Delvac™
With more than 90 years of experience and innovation, Mobil Delvac™ is a recognized leader in advanced heavy-duty lubricants. Mobil Delvac and Mobil Delvac 1™ are the trusted brands of choice for many successful businesses. While keeping your equipment running at peak condition, our industry-leading products – including Mobil Delvac – can extend oil drain intervals, lowering costs through reduced lubricant consumption, labor and disposal costs. To learn more, visit our Mobil Delvac site.
About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs. The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor.
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Chandler Rogers
Weber Shandwick
417-631-6231
SAN FRANCISCO--(BUSINESS WIRE)--CMTA, a Legence company, has acquired the assets of McCracken and Woodman in the San Francisco Bay Area. This acquisition increases CMTA’s geographic reach, engineering capacity, and ability to provide high-performance design and energy-efficient solutions to clients.
CMTA joined Legence’s roster of companies in 2021, this strengthened their ability to provide integrated energy and sustainability solutions and services for high-performance buildings with a focus on increasing efficiency consumption within the built environment across the United States. McCracken and Woodman will join the platform as part of CMTA to expand services in California.
“I am delighted to welcome the incredible people at McCracken and Woodman to the CMTA family. In addition to their history of providing high-quality design services, they share our mission to create healthier, more sustainable, and more cost-effective buildings,” says Brian Turner, CMTA Managing Principal, California. “I can’t wait to begin working with them to make an impact in California.”
With this addition, CMTA will bring zero energy building design, carbon neutrality, scalable renewable design, and ESG (Environmental, Social, Governance) solutions to the California market. The key markets they serve include K-12, higher education, healthcare, federal and local governmental entities, athletic and recreation facilities, and commercial work.
“We are thrilled to join the CMTA team. Together we will continue to bring innovation, collaborative culture, and quality focused design in California,” says Brian Chuck, Principal, McCracken and Woodman. “I am confident that our collective partnership will do great things for our community moving forward.”
“McCracken and Woodman have always focused on providing quality design and exceptional service to clients and we are thrilled that CMTA shares those values along with their unmatched building science and energy efficiency capabilities” says Marc Woodman, Principal, McCracken and Woodman. “As we worked with CMTA through this process, it was clear that we share the same passion for our industry, our employees, our clients, and our communities. This is the perfect match, and we are very excited for the future as a part of CMTA.”
About CMTA
CMTA, a Legence company, specializes in creating and maintaining high-performing facilities and energy systems by providing energy solutions, energy consulting and engineering, and performance contracting services. CMTA is recognized as a leader in sustainable facility design and energy efficiency retrofits, often providing performance contracting and consulting engineering services together as part of larger multi-disciplinary comprehensive solutions. For more information, please visit www.cmta.com.
About Legence
Legence, a Blackstone portfolio company, is an Energy Transition Accelerator™ that provides advisory services and implementation focused on financing, designing, building, and servicing complex systems in mission-critical and high-performance facilities. With five decades of expertise in the built environment, Legence has a proven track record of reducing carbon emissions, implementing renewables, lowering utility costs through efficiency consumption, and making systems run better at unmatched speed and scale. To learn more about Legence and its services, visit https://www.wearelegence.com/.
Molly Lauck, National Communications
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ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) announces today that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.25 per share of common stock, payable July 29, 2022 to stockholders of record at the close of business on July 21, 2022.
About Argan, Inc.
Argan’s primary business is providing a full range of services to the power industry, including the renewable energy sector. Argan’s service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, operations management, maintenance, project development and consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns The Roberts Company, which is a fully integrated fabrication, construction and industrial plant services company, and SMC Infrastructure Solutions, which provides telecommunications infrastructure services.
Company Contact:
Rainer Bosselmann
301.315.0027
Investor Relations Contact:
David Watson
301.315.0027
DUBLIN--(BUSINESS WIRE)--The "US Oil and Gas Burner Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Component, Burner Type, and Application" report has been added to ResearchAndMarkets.com's offering.
The US oil and gas burner management system market is expected to reach US$ 1,308.5 million by 2028 from US$ 853.2 million in 2021; it is estimated to grow at a CAGR of 6.3% from 2021 to 2028.
Several accidents and occurrences caused various governments to establish safety legislations. The entire industry adheres to safety standards and rules to avoid accidents. For the past few years, safety controls on direct-fired heaters have been steadily improving, and the trend has accelerated in the last five years.
This is owing to government rules and standards that actively enforce the application of current codes. Some specific and prescriptive standards have been accessible for a long time, yet the industry's rate and degree of acceptance vary greatly. The majority of operating organizations have their own set of criteria, which may differ from one facility to another.
The adoption of advanced BMS across various industries has been prompted by increased stringency of government rules and regulations and surged number of lawsuits for accidents where appropriate codes and guidelines were not followed for both existing and new heater installations.
BMS are typically designed using codes and standards, such as NFPA 85 (Boiler and Combustion Systems Hazard Code), NFPA 86 (Standard for Ovens and Furnaces), NFPA 87 (Recommended Practice for Fluid Heaters), or API 556 (Application Specification for Boilers and Combustion Systems). These standards specify the quantity, quality, and sensors and valves types that must be used to design the BMS and the logic that must be used to trip the device when needed safely.
Safety systems are now being designed using new performance-based standards, such as IEC 61508, IEC 61511, and ANSI/ISA S84.01. 1. These standards establish criteria for the amount of risk a specific end user is willing to accept, thus addressing the hazards connected with a particular location.
Furthermore, the global importance of Safety Integrity Levels (SIL) in the process industries expanded dramatically in recent years, which has driven the development of the burner management system, as BMS is compliant with SIL levels up to 3. All of these factors are driving the market growth.
Due to the presence of prominent market players and end-users and high demand from the oil & gas industry, the oil and gas burner management system (BMS) market in the US is expected to grow significantly during the forecast period. Furthermore, owing to the expansion of the industrial sector in the US, the country offers considerable long-term potential for manufacturers.
With thousands of boilers, furnaces, and ovens in use worldwide, the risk of a combustion system failing is always present, especially as these systems grow in size and complexity. An inexperienced operator could mistakenly shut off a crucial fuel system when added in a single-point failure. Training and instruction in combustion can reduce losses, improve employee safety, increase equipment uptime, and boost a company's overall competitiveness.
Most insurance carriers accept the NFPA's combustion safety recommendations completely or use them as a foundation for their own customized rules because the NFPA continues to improve them. Training is an important aspect of safety that the NFPA 86 standard devotes numerous parts to it.
Furthermore, training increases overall production while also lowering costs. Having in-house workers with the ability to detect flaws, for example, will result in improved fuel efficiency, fewer disruptions, and the avoidance of outages and downtime. Training is also a legal requirement that must be fulfilled every year.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. US Oil & Gas Burner Management System Market Landscape
4.1 Market Overview
4.2 US PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. US Oil & Gas Burner Management System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Safety Concerns in Industries
5.1.2 Rising Government Legislation and Regulations
5.2 Market Restraints
5.2.1 Lack of Technical Knowledge and Skilled Workforce
5.3 Market Opportunities
5.3.1 Rising Growth of Oil and Gas Industry in the US
5.4 Future Trends
5.4.1 IoT Based Automated Burner Management System
5.5 Impact Analysis of Drivers and Restraints
6. Oil & Gas Burner Management System - US Market Analysis
6.1 US Oil & Gas Burner Management System Market Overview
6.2 US: Oil & Gas Burner Management System Market - Revenue, and Forecast to 2028 (US$ Million)
6.3 Market Positioning - US Market Players Ranking
7. US Oil & Gas Burner Management System Market Analysis By Component
7.1 Overview
7.2 US: Oil & Gas Burner Management System Market, by Component (2020 and 2028)
7.3 Software
7.4 Hardware
8. US Oil & Gas Burner Management System Market Analysis By Burner Type
8.1 Overview
8.2 US: Oil & Gas Burner Management System Market, By Burner Type (2020 and 2028)
8.3 Single Burner
8.4 Multiple Burner
9. US Oil & Gas Burner Management System Market Analysis By Application
9.1 Overview
9.2 US: Oil & Gas Burner Management System Market, by Application (2020 and 2028)
9.3 Combustors
9.4 Separators
9.5 Dehydrators
9.6 Flares
9.7 Vertical treaters
9.8 Horizontal treaters
9.9 Tanks
9.10 Others
10. US Oil & Gas Burner Management System Market- COVID-19 Impact Analysis
10.1 Overview
11. US Oil & Gas Burner Management System Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Product launch
12. US Oil & Gas Burner Management System Market-Client Query
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/x368t8
ResearchAndMarkets.com
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Thursday, June 23, at 9:00 a.m. EDT at the following event:
J.P. Morgan 2022 Energy, Power and Renewables Conference
June 21 – 23, 2022
Location: InterContinental New York Barclay, 111 East 48th St, New York, NY 10017
The live webcast will be available at the time of the event and can be accessed at the Investor Relations website. There will be no presentation materials associated with the event.
About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments – Subsea and Surface Technologies – we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
Investor relations
Matt Seinsheimer
Vice President, Investor Relations
Tel: +1 281 260 3665
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James Davis
Senior Manager, Investor Relations
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Media relations
Nicola Cameron
Vice President, Corporate Communications
Tel: +44 1383 742297
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Catie Tuley
Director, Public Relations
Tel: +1 281 591 5405
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DUBLIN--(BUSINESS WIRE)--The "APAC Submarine Cable System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Service; by Application" report has been added to ResearchAndMarkets.com's offering.
The APAC submarine cable system market is expected to grow from US$ 235.85 million in 2021 to US$ 546.78 million by 2028; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028.
Submarine cables, fiber-optic cables laid in the ocean, carry more than 99% of intercontinental communication traffic, which makes them the invisible enablers of global connectivity. At present, there are more than 500 subsea cables in operation. Cables connecting nearby islands can be shorter than 50 miles, whereas those traversing the Pacific can reach more than 10,000 miles in length. Many of them are used to connect a single connection line across a water body, while others have multiple landing points connecting multiple countries.
The major stakeholders in the APAC submarine cable system market analysis include service providers and end-users. The service providers are the companies engaged in supplying and installation of submarine power cables. The major end-users considered in the APAC submarine cable system market includes telecommunication, power generation, and oil & gas.
Countries in Asia-Pacific focus on encouraging cross-sector, cross-border, and cross-vector strategic partnerships to accelerate progress toward net-zero carbon emissions. Many low-cost renewable energy resources are located in sparsely populated areas away from load centers. In many cases, the resources are situated across international borders from the energy demand centers.
Cross-border electricity trade, enabled by power grid infrastructure connectivity, creates a need to manage the energy surpluses and deficits across the region in an optimal manner. Thee demands of a growing middle-class population and the increased access to modern energy sources propel the demand for energy. Thus, regulatory support coupled with the revision of existing policies to strengthen the cross-border trading of electricity drives the growth of the APAC submarine cable system market.
The growing expansion of new APAC submarine cable systems analysis to positively drive the APAC submarine cable system market in the coming years. For instance, in February 2022, Savills Korea announced a joint development by signing an agreement with KT for installing a new cable with a total length of 9,000 km that will land in 6 countries within APAC connecting South Korea, Japan, Taiwan, Indonesia, Philippines, and Singapore. The initiative was in response to the fast-growing demand for global data capacity growth.
Based on service, the APAC submarine cable system market is segmented into installation services and maintenance & upgrade services. The cable installation process includes landing cables onshore and laying across the ocean or body of water until reaching the other side.
Increasing penetration of the internet, growth prospects in the telecom industry, and the rise in transmission of power are the prominent factors responsible for the demand for maintenance activities, helping to drive the APAC submarine cable system market share.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. APAC Submarine Cable System Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Submarine Cable Systems Market - APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Submarine Cable System Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth in Offshore Wind Power Capacity from Asia Pacific
5.1.2 Increase in Grid Connectivity
5.2 Market Restraints
5.2.1 Environmental Regulations
5.3 Market Opportunities
5.3.1 Rise in Demand for Content Providers
5.4 Market Trends
5.4.1 Surge in Demand for Bandwidth Due to Emergence of 5G
5.5 Impact Analysis of Drivers and Restraints
6. APAC Submarine Cable Systems - Global Market Analysis
7. APAC Submarine Cable System Market Analysis - By Service
8. APAC Submarine Cable System Market Analysis - By Application
9. APAC: APAC Submarine Cable System Market, by Key Country
10. APAC Submarine Cable System Market- COVID-19 Impact Analysis
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/3h0838
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), declared the regular preferred stock dividend for the three-month period ending July 31, 2022, to be payable on August 15, 2022, to shareholders of record on July 29, 2022. Pacific Gas and Electric Company will pay a dividend on its eight series of preferred stock as follows:
First Preferred Stock, |
Quarterly Dividend to |
Redeemable |
|
5.00% |
$0.31250 |
5.00% Series A |
$0.31250 |
4.80% |
$0.30000 |
4.50% |
$0.28125 |
4.36% |
$0.27250 |
Non-Redeemable |
|
6.00% |
$0.37500 |
5.50% |
$0.34375 |
5.00% |
$0.31250 |
In order to be considered a shareholder of record for the dividend payment, you must have purchased the stock at least one trading day before the record date.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit www.pge.com/ and http://www.pge.com/about/newsroom/.
MEDIA RELATIONS:
415-973-5930
HOUSTON--(BUSINESS WIRE)--Schlumberger Limited (NYSE:SLB) will hold a conference call on July 22, 2022 to discuss the results for the second quarter ending June 30, 2022.
The conference call is scheduled to begin at 9:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (844) 721-7241 within North America or +1 (409) 207-6955 outside of North America approximately 10 minutes prior to the start of the call and the access code is 8858313.
A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until August 22, 2022, and can be accessed by dialing +1 (866) 207-1041 within North America or +1 (402) 970-0847 outside of North America and giving the access code 9508868.
About Schlumberger
Schlumberger (SLB: NYSE) is a technology company that partners with customers to access energy. Our people, representing over 160 nationalities, are providing leading digital solutions and deploying innovative technologies to enable performance and sustainability for the global energy industry. With expertise in more than 120 countries, we collaborate to create technology that unlocks access to energy for the benefit of all.
Find out more at www.slb.com
Investors
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office +1 (713) 375-3535
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Media
Moira Duff – Director of External Communication, Schlumberger Limited
Office +1 (713) 375-3494
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DENVER--(BUSINESS WIRE)--Fundare Resources Company, LLC (“Fundare” or the “Company”) today announced the formation of Moonrise Midstream, LLC (“Moonrise”), a wholly-owned subsidiary of Fundare Resources Operating Company, LLC.
Moonrise owns and operates midstream assets in the Niobrara-DJ Basin, around Fundare’s Redtail oil and gas operations in Northeast Weld County, Colorado. Moonrise’s assets include a 65 million cubic feet per day (MMcf/d) refrigeration gas processing plant that is expandable to 105 MMcf/d, over 22,000 horsepower of compression, 100 miles of gas gathering pipelines, downstream interconnects with Overland Pass NGL Pipeline/Trailblazer Residue Pipeline, and 25 miles of crude gathering pipelines that are tied into Tallgrass Energy Partners’ Pawnee crude oil terminal.
Cody Truitt, President & Chief Executive Officer of Fundare commented, “We are excited to form Moonrise Midstream located in an attractive area for expansion and upstream development. Moonrise will strategically grow its footprint in the DJ Basin through expanding dedicated processing for upstream producers and midstream companies.”
Moonrise provides the infrastructure and marketing support for Fundare’s Redtail oil and gas operations, and has recently entered into commercial agreements with Bison Oil & Gas III, LLC and a nearby third-party midstream company. Moonrise will begin processing dedicated volumes for Bison in the 3rd Quarter and currently processes offload gas for the third-party midstream company.
Daniel Seaver, Vice President of Midstream & Marketing for Fundare, added, “The Moonrise team and assets deliver exceptionally high runtimes of greater than 99.7% while processing volumes from our growing customer base. We provide a high level of pressure and flow assurance to our customers, and we look forward to continued growth and development of the asset.”
About Fundare Resources Company, LLC:
Fundare Resources Company, LLC is a private oil and gas company pursuing low risk, yield driven, producing properties that maximize shareholder returns through the implementation of advanced completion technologies and prudent, low-cost operatorship. Fundare, Latin for “laying a foundation”, is built around the principle of establishing a foundation of assets managed with Integrity, Teamwork and Transparency; proven values that have resulted in repeated success for its investors. Further information can be found at www.fundareresources.com.
About Moonrise Midstream, LLC:
Moonrise Midstream, LLC is a Denver-based, growth-oriented midstream company that develops and operates infrastructure assets to provide gas gathering, compression, processing, and NGL and natural gas marketing services to its customers. Moonrise has current assets in the Niobrara-DJ Basin. Moonrise Midstream, LLC is a wholly-owned subsidiary of Fundare Resources Operating Company, LLC. Further information can be found at www.moonrisemidstream.com.
Daniel Seaver
VP Midstream & Marketing
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720-868-1300
Receive a Smart Thermostat at No Cost and More Tips to Manage Summer Energy Costs
OAKLAND, Calif.--(BUSINESS WIRE)--On the first official day of summer Pacific Gas and Electric Company (PG&E) shares strategies to help customers save energy and keep costs down as temperatures continue to rise. Customers can utilize these simple steps, free tools, and programs to minimize the impact of summer heat on energy bills.
“Energy use typically increases during the summer months as the air conditioner accounts for more than half of the energy consumed in the average home or business. These customer tools and programs help make it easier for the system to work more efficiently, which can help customers save on energy bills,” said Aaron August, PG&E’s Vice President of Business Development & Customer Engagement.
Five Simple Ways to Save
Other programs include Medical Baseline offering a lower monthly rate for customers with certain medical conditions, Budget Billing averages out energy costs for more predictable monthly payments, and Bill Forecast Alerts are notifications when a monthly bill is expected to exceed a specific amount set by the customer.
For more tips on how to save this summer, visit www.pge.com/summer.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.
1 Tax and shipping not included. Offers valid while supplies last. Prices shown reflect rebates plus enrollment in PG&E SmartAC Program. Rebate limitations apply. Offer does not apply to previous purchases. Restrictions may apply.
MEDIA RELATIONS:
415-973-5930
BETHESDA, Md.--(BUSINESS WIRE)--Enviva Inc. (NYSE: EVA) (“Enviva,” the “Company,” or the “Borrower”) today announced that the Industrial Development Authority of Sumter County, Alabama (the “Issuer”), intends to issue its Exempt Facilities Revenue Bonds (Enviva Inc. Project), Series 2022 (Green Bonds) (the “Bonds” and such offering, the “Tax-Exempt Green Bond Offering” or the “Offering”) in the aggregate principal amount of $250,000,0001. The proceeds of the Offering will be loaned to Enviva pursuant to a Loan and Guaranty Agreement (the “Loan Agreement”) to fund all or a portion of the costs of the acquisition, construction, equipping, and financing of Enviva’s wood pellet production plant to be located in Epes, Alabama (the “Epes plant”) and to pay costs and expenses of the Offering.
Additional Details of Tax-Exempt Green Bond Offering:
The Bonds have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any other jurisdiction, on the basis of the Bonds being exempt securities pursuant to Section 3(a)(2) of the Securities Act.
This news release is neither an offer to sell nor a solicitation of an offer to buy any securities, including the Bonds, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offer or solicitation with respect to the Bonds will be made solely by means of the preliminary official statement.
About Enviva
Enviva Inc. (NYSE: EVA) is the world’s largest producer of industrial wood pellets, a renewable and sustainable energy source produced by aggregating a natural resource, wood fiber, and processing it into a transportable form, wood pellets. Enviva owns and operates ten plants with a combined production capacity of approximately 6.2 million metric tons per year in Virginia, North Carolina, South Carolina, Georgia, Florida, and Mississippi, and is starting construction on its 11th plant, which will be located in Epes, Alabama. Enviva sells most of its wood pellets through long-term, take-or-pay off-take contracts with primarily creditworthy customers in the United Kingdom, the European Union, and Japan, helping to accelerate the energy transition and to decarbonize hard-to-abate sectors like steel, cement, lime, chemicals, and aviation fuels. Enviva exports its wood pellets to global markets through its deep-water marine terminals at the Port of Chesapeake, Virginia, the Port of Wilmington, North Carolina, and the Port of Pascagoula, Mississippi, and from third-party deep-water marine terminals in Savannah, Georgia, Mobile, Alabama, and Panama City, Florida.
Cautionary Note Concerning Forward-Looking Statements
The information included herein and in any oral statements made in connection herewith include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included herein, are forward-looking statements, including statements regarding the completion, timing, and size of the proposed Offering and the anticipated use of proceeds thereof. When used herein, including any oral statements made in connection herewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms, and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Enviva disclaims any duty to revise or update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date hereof. Enviva cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Enviva. These risks include, but are not limited to: (i) economic and market conditions during the marketing of the Offering; (ii) our ability to use the proceeds of the Offering in compliance with the conditions of the Bonds and Green Bond principles; and (iii) other factors, as described in Enviva’s filings with the Securities and Exchange Commission (the “SEC”), including the detailed factors discussed under the heading “Risk Factors” in Enviva’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as supplemented in the Company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021.
Should one or more of the risks or uncertainties described herein and in any oral statements made in connection therewith occur, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Enviva’s expectations and projections can be found in Enviva’s periodic filings with the SEC. Enviva’s SEC filings are available publicly on the SEC’s website at www.sec.gov.
1 Preliminary, subject to change.
INVESTOR:
Kate Walsh
Vice President, Investor Relations
+1 240-482-3856
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MINNEAPOLIS--(BUSINESS WIRE)--Today, US Solar announced T-Mobile’s Sunscription℠ to 14 new one-megawatt (MW) US Solar Community Solar Gardens to generate clean, renewable energy and provide energy cost savings to T-Mobile locations across seven Minnesota counties. Earlier this year, T-Mobile became the first major U.S. telecom to achieve its RE100 commitment to source 100% of its total electricity usage from renewable electricity, and this Sunscription℠ furthers its commitment to a sustainable future.
Joining T-Mobile in these gardens will be a mixture of residential, public entity, and commercial subscribers. The first three Community Solar Gardens were energized in late 2021, while the other 11 gardens are in various stages of construction and development.
"We are excited to partner with T-Mobile and provide a renewable energy solution to support their industry-leading sustainability goals in Minnesota and across the nation," said Erica Forsman, Vice President of Origination at US Solar. "We're focused on providing solutions to our commercial partners that make it simple and beneficial to support local clean energy."
A Sunscription to a Community Solar Garden from US Solar allows companies and individuals to benefit from local solar without any upfront costs or equipment on their property. Community Solar helps increase access to solar energy even for businesses and homes that are not ideally situated for a rooftop solar installation. Community Solar Garden subscribers receive savings through a bill credit on their electric bill based on the production of the Community Solar Garden, while supporting the development of local, clean energy.
“Partners like US Solar not only help T-Mobile achieve our sustainability goals, but also bring critical new clean energy benefits to local communities and organizations for a more sustainable future,” says Chad Wilkerson, Director of Sustainability and Infrastructure Sourcing at T-Mobile.
Across Minnesota, US Solar has over 120MW of operational Community Solar Gardens that provide clean, renewable electricity to Xcel Energy’s grid. US Solar has worked with over 100 municipal and commercial customers, like T-Mobile, and over 2,700 residential customers, to provide money-saving Community Solar Sunscriptions℠. Additionally, US Solar Community Solar Gardens are planted with pollinator-friendly native vegetation, which decreases stormwater runoff, enhances soil regeneration, and increases the air quality in the surrounding communities.
T-Mobile Sunscriptions are in Blue Earth, McLeod, Renville, Goodhue, Benton, Stearns and Le Sueur counties in Minnesota.
US Solar is currently subscribing Xcel Energy customers to its Community Solar Gardens in Minnesota, Colorado and Illinois. Businesses and residents can sign up for a Sunscription℠ at us-solar.com.
About US Solar
United States Solar Corporation ("US Solar") makes solar energy accessible with simple solutions that are as good for the wallet as for the environment. US Solar is a developer, owner, operator, and financier of solar generation and energy storage projects with a focus on emerging state markets and community solar programs. US Solar helps residents, public entities, and businesses reduce electricity costs with local, renewable energy. Additional information about US Solar and a Solar Garden Sunscription℠ can be found by visiting www.us-solar.com.
Greta Chizek
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Decision supports reliable wastewater service
HONOLULU--(BUSINESS WIRE)--The Hawaii Public Utilities Commission has issued its order for Hawaii American Water to implement new rates for its Hawaii Kai customers. This is the first time Hawaii American Water has adjusted rates since 2011 and the updated rates are effective upon subsequent approval of final tariffs.
The new rates will provide approximately $1.7 million in additional annualized revenue and reflect the more than $32 million in investments to improve wastewater treatment and services that Hawaii American Water has made since 2011. Major projects have included the installation of ultraviolet disinfection treatment, a sludge de-watering facility, solar energy upgrades, upgrading pumps at its lift stations and treatment plant and other process improvements.
The typical increase for customers in single family homes will be $11.52. For the average single family customer monthly rates would increase from $67.08 to $78.60, for multi-family customers the cost for monthly service would increase from $57.08 to $66.88.
“This decision completes a vital process to sustain high-quality wastewater infrastructure and service,” said Lee Mansfield, Manager of Hawaii American Water. “We look forward to continuing to improve wastewater services for our Hawaii Kai customers.”
About Hawaii American Water: Hawaii American Water, a subsidiary of American Water, provides quality wastewater services to approximately 25,000 people.
About American Water: With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and diversityataw.com. Follow American Water on Twitter, Facebook and LinkedIn.
Hawaii American Water Media
Evan Jacobs
Hawaii American Water
Director of External Affairs
Phone: 707-495-6135
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Pairing zero-carbon nuclear energy with new technologies offers path to solving the climate crisis while maintaining energy security and grid reliability
WASHINGTON--(BUSINESS WIRE)--In an address to energy and climate leaders today, Constellation CEO Joe Dominguez said nuclear energy will play a central role in accelerating the transition to a clean-energy economy by providing a foundation of secure, carbon-free energy to the grid and enabling new technologies, such as clean hydrogen to power difficult-to-decarbonize industries and direct air capture (DAC) systems, which remove carbon dioxide from the atmosphere. Nuclear energy’s unique ability to provide reliable, 24/7 clean energy also is critical to enhancing our nation’s energy security and grid reliability as global energy markets grapple with the devastating war in Ukraine and other challenges, he said.
“Concern in recent years about the future of nuclear energy has been replaced with a growing consensus among climate leaders and policymakers that maintaining and extending the life of our zero-carbon nuclear fleet is critical to solving the climate crisis and protecting our nation’s energy security,” Dominguez said. “We have begun to transition our nuclear sites into versatile clean energy centers that not only generate emissions-free power, but also bring together new technologies that help decarbonize the entire U.S. economy.”
The comments were part of a keynote address to participants in the Nuclear Energy Institute’s annual Nuclear Energy Assembly, which gathers climate leaders, energy industry professionals, policymakers and innovators to discuss key issues affecting the industry. The event was held at the Grand Hyatt Washington.
Constellation, the nation’s largest producer of carbon-free energy, launched as a standalone company in February with a nation-leading pledge to deliver 95 percent carbon-free electricity by 2030 and 100 percent by 2040. No other large power producer has made a pledge to reduce emissions to zero, without offsets, by that date. The company currently produces 10 percent of all clean energy on the grid in the U.S. with its zero-carbon fleet of nuclear, solar, wind and hydro power plants.
Constellation is pursuing multiple technologies to help customers lower emissions. The company received a U.S. Department of Energy (DOE) grant to test the benefits of using nuclear energy to produce hydrogen at its Nine Mile Nuclear Station on Oswego, N.Y. The company is installing a proton exchange membrane (PEM) electrolyzer that will separate the hydrogen and oxygen molecules in water, resulting in carbon-free hydrogen. Sustainable fuels and other products produced with hydrogen hold the key to decarbonizing industries and processes that defy easy climate solutions, such as long-haul shipping, agriculture, steelmaking and aviation, among others. Constellation is seeking to expand hydrogen production to other plants in its fleet as part of a broader DOE effort to develop the hydrogen economy, and is exploring ways to reduce emissions at its fossil plants by blending clean hydrogen with natural gas.
The company received a separate DOE grant in April to explore the potential for direct air capture technology at the company’s Byron nuclear plant in Northern Illinois. While nuclear plants produce no carbon emissions, direct air capture technology captures carbon dioxide directly from the atmosphere, a possible next-generation technology to combat the climate crisis. The technology will leverage the plant’s 495-foot-tall hyberbolic cooling towers. A special solution would be added to water flowing through the facility’s main condenser on the non-nuclear side of the plant. After traveling through the condenser, the water would travel out to the cooling towers, where carbon dioxide in the air will attach itself to the water solution and become captured and sequestered for later use, potentially in industrial processes that will have net zero emissions, ranging from creating sustainable aviation fuel to producing carbonation for the beverage industry.
Among its other climate initiatives, Constellation has partnered with Microsoft on the development of a 24/7/365 carbon-free energy matching technology that will help customers achieve true zero emissions, as opposed to the current practice of annualizing renewable energy certificates and credits. The product will match a customer’s energy needs with local, carbon-free energy sources on an hour-by-hour basis. As part of the agreement, Microsoft will create software that gives customers a transparent and independently verified view of their sustainability efforts.
Video of Dominguez’s remarks can be found here.
About Constellation
Constellation Energy Corporation (Nasdaq: CEG) is the nation’s largest producer of clean, carbon-free energy and a leading supplier of energy products and services to millions of homes, institutional customers, the public sector, community aggregations and businesses, including three fourths of Fortune 100 companies. A Fortune 200 company headquartered in Baltimore, our fleet of nuclear, hydro, wind and solar generation facilities powers more than 20 million homes, providing 10 percent of all carbon-free energy on the grid in the U.S. Our fleet is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is nearly 90 percent carbon-free. We have set a goal to achieve 100 percent carbon-free power generation by 2040 by leveraging innovative technology and enhancing our diverse mix of hydro, wind and solar resources paired with the nation’s largest nuclear fleet. Follow Constellation on Twitter @ConstellationEG.
Paul Adams
Corporate Communications
410-470-4167
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DUBLIN--(BUSINESS WIRE)--The "Solar Powered UAV Global Market Insights 2022, Analysis and Forecast to 2027, by Manufacturers, Regions, Technology, Application, Product Type" report has been added to ResearchAndMarkets.com's offering.
This report describes the global market size of Solar Powered UAV from 2017 to 2021 and its CAGR from 2017 to 2021, and also forecasts its market size to the end of 2027 and its CAGR from 2022 to 2027.
For the geography segment, regional supply, demand, major players, price is presented from 2017 to 2027.
This report covers the following regions:
The key countries for each region are also included such as the United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For the competitor segment, the report includes global key players of Solar Powered UAV as well as some small players.
The information for each competitor includes:
Applications Segment:
Types Segment:
Companies Covered:
Base Year: 2022
Historical Data: from 2017 to 2021
Forecast Data: from 2022 to 2027
Key Topics Covered:
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
5.6 Covid-19 Impact
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Solar Powered Uav Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Solar Powered Uav by Region
8.2 Import of Solar Powered Uav by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Solar Powered Uav Market in North America (2017-2027)
9.1 Solar Powered Uav Market Size
9.2 Solar Powered Uav Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Solar Powered Uav Market in South America (2017-2027)
10.1 Solar Powered Uav Market Size
10.2 Solar Powered Uav Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Solar Powered Uav Market in Asia & Pacific (2017-2027)
11.1 Solar Powered Uav Market Size
11.2 Solar Powered Uav Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Solar Powered Uav Market in Europe (2017-2027)
12.1 Solar Powered Uav Market Size
12.2 Solar Powered Uav Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Solar Powered Uav Market in MEA (2017-2027)
13.1 Solar Powered Uav Market Size
13.2 Solar Powered Uav Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Solar Powered Uav Market (2017-2022)
14.1 Solar Powered Uav Market Size
14.2 Solar Powered Uav Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Solar Powered Uav Market Forecast (2022-2027)
15.1 Solar Powered Uav Market Size Forecast
15.2 Solar Powered Uav Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
For more information about this report visit https://www.researchandmarkets.com/r/6w4yoc
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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