Aggreko demonstrates commitment to exceptional customer experience with continuous improvement processes
HOUSTON--(BUSINESS WIRE)--Aggreko plc today announced its Technical Services and Engineering (TS&E) team in North America is now ISO 9001:2015 certified for their Project Management and Engineering services related to rental project execution. The certification reflects Aggreko’s commitment that its Quality Management System (QMS) for project management and service meets the same high-quality standards rental equipment customers adhere to in their own operations.
ISO 9001:2015 is an internationally recognized certification indicating a company’s dedication to customer satisfaction and efficient practices. It demonstrates that an organization has met an exceptional standard for its QMS and that they have consistently provided services that have met all statutory and regulatory requirements.
The certification ensures Aggreko meets the safety, statutory and regulatory requirements of customers, regardless of their location or the type of engineered rental solution being deployed − from power, cooling and heating, to dehumidification or oil-free air. Though every engineered rental solution job is unique, customers will see a consistent approach to Aggreko’s engineering and project management, all driven by efficiency and effectiveness in design and delivery of complex projects.
“We undertook this rigorous 15-month certification process because we wanted the Aggreko customer experience to consistently be an exceptional one,” said Mike Steffney, Process Design Specialist of Aggreko, who led the ISO certification project. “Typically, in the rental industry customers receive whatever level of service is delivered by the project manager assigned to each job, which means clients have a broad range of experiences. We wanted clients to know the Aggreko experience is reliably consistent, well documented and constantly improving – at the same stringent high standards of the customers’ operations. The ISO 9001:2015 certification communicates that differentiator without explanation.”
To earn ISO 9001:2015 compliance, Aggreko performed a rigorous and comprehensive QMS audit, devised and implemented processes, protocols and procedures for customer needs assessment, site surveys, documentation of site-specific issues, job safety assessments, job communication and project management from installation through de-commissioning. Detailed documentation tracks each aspect of the job, as well as establishes a baseline for evaluation and process and project management improvements that can be applied to future jobs.
“Additionally, collective data allows support services such as HSE and sales, as well as senior management, to gain insights about what engineers, technicians and customers need before, during and after each job so that the whole organization is focused on creating an exceptional customer experience,” added Daryl Pool, Aggreko North America Technical Services Leader.
To learn more about Aggreko’s services, visit Aggreko.com.
Around the world, people, businesses and countries are striving for a better future - a future that needs power and the right conditions to succeed.
Aggreko works round the clock, making sure everyone gets the electricity, heating and cooling they need, whenever they need it – all powered by our class-leading equipment, trademark passion, unrivalled international experience and local knowledge. From urban development to unique commercial projects and even humanitarian emergencies, we bring our expertise and equipment to any location, from the world’s busiest cities to some of the most remote places on earth.
That’s what has made us the world’s leading provider of modular, mobile power and heating and cooling. We’ve been in business since 1962. We have more than 7,300 employees, operating from around 200 locations in 100 countries. With revenues of approximately GBP 1.7bn (USD 2.2bn or Euros 2bn) in 2017, we are listed on the London Stock Exchange (AGK.L) and have our headquarters in Scotland.
Our business helps transform the lives and livelihoods of individuals, organisations and communities across the globe, in both developed and developing countries and markets.
We operate across all sectors, including oil and gas, petrochemical and refining, utilities, manufacturing, construction, mining and events.
We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland and work with leading innovators to ensure our equipment offers maximum fuel flexibility, by using gas, diesel (including HFO) and renewable fuel sources.
For more information, please visit our local website at: aggreko.com
Ward for Aggreko
Ania Czarnecka or Laura Aebi
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Todd Dittmann of Angelo Gordon Energy Joins the Board of Directors
SAN ANTONIO--(BUSINESS WIRE)--Abraxas Petroleum Corporation (“Abraxas” or the “Company”) (NASDAQ:AXAS) today announced that it has completed the final elements of its recent refinancing transactions. As disclosed in the Company’s Form 8-K filed on August 13, 2020 with the Securities and Exchange Commission, the Company issued a Warrant to an affiliate of Angelo Gordon (collectively, “AG”) granting AG the right to purchase up to 33,445,792 shares of the Company’s common stock for a purchase price of $.01 per share, at any time during the next five years. In connection with the issuance of the Warrant, the Company also entered into a Registration Rights Agreement and a Governance Agreement with AG. Please see the Company’s Form 8-K filed on August 13, 2020 for a more detailed summary of those agreements and their full texts.
As disclosed in the Company’s Form 8-K filed on June 26, 2020, the Company amended its credit facilities and agreed to a cash sweep feature to pay down the first lien, with allowances for necessary Capex and G&A expense; AG agreed to PIK interest on the second lien note, enhancing the Company’s ability to generate cash to support the cash sweep feature on the first lien note; and the Company secured covenant relief and relief from periodic borrowing base redeterminations by the first lienholders. Please see the Company’s previously filed Form 8-Ks for a more detailed summary of those agreements and their full texts.
Pursuant to the Governance Agreement, AG designated Todd Dittmann to be appointed as a director of the Company and he was duly appointed by the Company’s Board. Mr. Dittmann is Head of Energy at Angelo Gordon and a member of the AG’s executive committee. He has spent more than 25 years in energy finance with investing and board experience in both public and private companies.
“We are pleased to have Todd Dittmann as a new director,” said Bob Watson, Abraxas CEO. “Now that we have successfully amended our agreements with Angelo Gordon and our banks, the Company’s cash flow is more predictable and should provide time to consider other strategic alternatives.”
The Company also announced that due to a tolling of time periods by NASDAQ due to COVID-19, it has until November 6, 2020 to meet the NASDAQ Minimum Bid Price standard of maintaining a price in excess of $1.00 per share for a minimum period 10 or more consecutive trading days.
Abraxas Petroleum Corporation is a San Antonio based crude oil and natural gas exploration and production company with operations across the Rocky Mountains and Permian Basin.
Safe Harbor for forward-looking statements: Statements in this release looking forward in time involve known and unknown risks and uncertainties, which may cause Abraxas’ actual results in future periods to be materially different from any future performance suggested in this release. Such factors may include, but may not be necessarily limited to, changes in the prices received by Abraxas for crude oil and natural gas. In addition, Abraxas’ future crude oil and natural gas production is highly dependent upon Abraxas’ level of success in acquiring or finding additional reserves. Further, Abraxas operates in an industry sector where the value of securities is highly volatile and may be influenced by economic and other factors beyond Abraxas’ control. In the context of forward-looking information provided for in this release, reference is made to the discussion of risk factors detailed in Abraxas’ filings with the Securities and Exchange Commission during the past 12 months.
Steve Harris/Vice President – Chief Financial Officer
Telephone 210.490.4788
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www.abraxaspetroleum.com
COLUMBIA, Md.--(BUSINESS WIRE)--GSE Systems, Inc. (“GSE Solutions” or “GSE”) (Nasdaq: GVP), a leader in delivering and supporting end-to-end training, engineering, compliance, simulation, and workforce solutions to the power industry, today announced that it will issue its financial results press release for the second quarter ended June 30, 2020 on Wednesday, August 19, 2020 after the close of the stock market. Management will host a conference call that day at 4:30 pm Eastern Time to discuss the results.
Interested parties may participate in the call by dialing:
The conference call also will be accessible via the following link: https://78449.themediaframe.com/dataconf/productusers/gvp/mediaframe/40287/indexl.html
ABOUT GSE SOLUTIONS
We are the future of operational excellence in the power industry. As a collective group, GSE Solutions leverages top skills, expertise, and technology to provide highly specialized solutions that enable customers to achieve the performance they envision. Our experts deliver and support end-to-end training, engineering, compliance, simulation, and workforce solutions that help the power industry reduce risk and optimize plant operations. GSE is a proven solution provider, with more than four decades of industry experience and more than 1,100 installations serving hundreds of customers in over 50 countries spanning the globe. www.gses.com
Company Contact
GSE Solutions
Kyle Loudermilk, Chief Executive Officer
(410) 970-7800
Investor Contact
The Equity Group
Kalle Ahl, CFA
(212) 836-9614
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DUBLIN--(BUSINESS WIRE)--The "Quarterly Equipment and Services M&A Deals Review - Q1 2020" report has been added to ResearchAndMarkets.com's offering.
This report is an essential source of data and trend analysis on M&A (mergers, acquisitions, and asset transactions), in the equipment and services oil and gas industry. The report provides detailed comparative quarter-on-quarter data, on the number of deals and their value, sub-divided into deal types by geographies.
Report Scope
Reasons to Buy
Sector Highlights
List of Tables
List of Figures
For more information about this report visit https://www.researchandmarkets.com/r/nax3yj
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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New Energy Saver Tool and website provides central location for energy-saving programs
COLUMBIA, S.C.--(BUSINESS WIRE)--The South Carolina Energy Office, housed within the Office of Regulatory Staff, has launched a new online Energy Saver Tool and website to help consumers easily find energy-saving programs. The tool and website were built in partnership with NIC South Carolina, the state’s digital government services provider.
Finding energy-saving programs can involve visiting multiple websites and be frustrating for consumers. Now consolidated in one central, online location, these programs can be accessed through the Energy Saver Tool on EnergySaver.SC.GOV. The tool offers an easy way for the public to answer a few simple questions and find energy-saving programs available to them. Users can also search by category or by program name to find specific program information. Programs and results are printable and can be shared by exporting to a PDF or Excel file.
The Energy Office will keep the inventory of energy-saving programs up-to-date and can pull comprehensive program reports through a back-end administrative tool.
“After discussions with stakeholders during our development of the State Energy Plan, we recognized the need for an organization to provide this resource and took on the challenge,” said Anthony James, Director of the Energy Office. “EnergySaver.SC.GOV will make it easier for consumers to see what’s out there, and we’re happy to provide the access to this valuable information.”
In addition, the Energy Saver website includes energy-saving tips for homes and businesses in a user-friendly and easy-to-follow format.
The Energy Saver Tool and website were built through a partnership between the Energy Office and NIC South Carolina who provides SC.gov for the state of South Carolina.
ABOUT SC.gov
SC.gov is the official website of South Carolina government (http://www.SC.gov) and a collaborative effort between the State and NIC South Carolina, previously South Carolina Interactive, LLC, to enable citizens to conduct state business online and improve public access to government information. The South Carolina Department of Administration’s Division of Technology Operations provides guidance to NIC South Carolina which is responsible for operating, maintaining, and marketing SC.gov. NIC South Carolina is part of digital government firm NIC’s (NASDAQ: EGOV) family of companies.
ABOUT NIC
NIC Inc. (Nasdaq: EGOV) launched the digital government industry in 1992, and continues to lead it, providing a secure payment engine and thousands of digital government solutions across a network of more than 6,000 federal, state, and local government agencies. In addition, NIC is a leading provider of outdoor recreation solutions, with 1 out of 6 hunting and fishing licenses in the United States sold using an NIC service. The company created the nation's first personal assistant for government and comprehensive mobile platform, Gov2Go®, as well as the innovative, data-driven prescription drug monitoring platform, RxGov®. More information is available at www.egov.com.
ABOUT THE ENERGY OFFICE
The Energy Office, housed within the South Carolina Office of Regulatory Staff, serves as the principal energy planning entity for the state. The mission of the Energy Office is to advance South Carolina’s energy strategy and policy through education and outreach. The Energy Office promotes the efficient use of all energy sources. In addition, the Energy Office encourages energy efficiency, renewable energy, and clean transportation through a broad range of initiatives that include developing the State Energy Plan, providing technical assistance, offering financial assistance, conducting education and outreach, and maintaining an energy data resource. More information is available on ENERGY.SC.GOV.
Corinne Holland
General Manager
NIC South Carolina, SC.gov
(803) 771-0131
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Ron Aiken
Media Relations and Special Projects Manager
South Carolina Office of Regulatory Staff
(803) 200-8809
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DUBLIN--(BUSINESS WIRE)--The "Agricultural Lubricants Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.
As the Agricultural Lubricants industry shifts, the report presents the emerging market trends, factors driving the Agricultural Lubricants market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Agricultural Lubricants companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Agricultural Lubricants industry trends.
To avoid getting left behind in an intensive competitive Agricultural Lubricants market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Agricultural Lubricants companies must strengthen their capabilities to maintain their market shares in the Agricultural Lubricants industry.
To assist Agricultural Lubricants manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of Agricultural Lubricants market size, share, opportunities, and outlook to 2026. The report explores changing Agricultural Lubricants market landscape, capital markets, strategies, mergers & acquisitions in the global and country-level markets.
Global Agricultural Lubricants Market Overview, 2020
The report presents an introduction to the Agricultural Lubricants market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Agricultural Lubricants companies, emerging market trends, Agricultural Lubricants market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Agricultural Lubricants market.
Global Agricultural Lubricants Market Segmentation and Forecasts to 2026
The global Agricultural Lubricants market size is forecast across different scenarios including the actual forecasts and COVID affected forecasts from 2019 to 2026. Further, Agricultural Lubricants market revenue and market shares in global industry are forecast across different types of Agricultural Lubricants, applications, and end-user segments of Agricultural Lubricants and across 18 countries.
Global Agricultural Lubricants market analysis by Company
The report presents the 10 leading Agricultural Lubricants companies in the global industry including details of business overview, business operations, SWOT profile, and Agricultural Lubricants products.
Global Agricultural Lubricants market news and developments
Agricultural Lubricants market news and market developments since 2019 including asset purchases, new manufacturing units, product launches, and mergers & acquisitions are included.
Agricultural Lubricants market report scope and structure
The research work includes over 90 data tables and charts prepared based on data in our proprietary databases, which is collected from leading manufacturers and government statistics to ensure reliable market data. It also presents the critical analysis of end-user industries along with internal and external factors affecting the market.
Report Guide
Chapter-wise Guidance
General Scope
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/m9r5ct
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Allied Power Group (“APG”) is pleased to announce it has acquired Combustion Parts Inc. (“CPI”), a leading provider of combustion components for heavy-frame industrial gas turbines. Lori Jenks, one of the founders of CPI, has joined the APG team.
“I am excited to marry CPI’s deep combustion parts experience with APG’s global service offering. Through this partnership, we will continue to provide quality and reliable components to an expanded customer base,” expressed Ms. Jenks.
In announcing the acquisition, APG’s President, Jim Masso, noted, “CPI produces the highest quality E- and F-class combustion hardware in the industry. We are thrilled to welcome CPI as part of the APG family of company's, enabling us to provide more comprehensive products and services to our customers.”
About APG
APG is a growing independent provider of critical components and services to its customers in the power generation, refining, pipeline, and general industrial sectors. Allied’s fully integrated suite of Industrial Gas Turbine products and services include engineered inspections and repairs, specialized coatings, precision manufacturing of replacement components, experienced field service professionals, multi-faceted rotor repair, and an expansive inventory of refurbished parts. The Allied team is comprised of seasoned industry veterans with expertise in engineering and access to the latest technology which allow it to provide its customers with innovative and flexible solutions.
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Jeremy Clifton, Vice President Sales & Marketing, Allied Power Group
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Jason Brown, Senior Vice President Business Development, Allied Power Group
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HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Incorporated (“Emera”) (TSX: EMA) announced today that 128,610 of its 3,864,636 issued and outstanding Cumulative Rate Reset First Preferred Shares, Series A (the “Series A Shares”) were tendered for conversion, on a one-for-one basis, into Cumulative Floating Rate First Preferred Shares, Series B (the “Series B Shares”) and that 1,130,788 of its 2,135,364 issued and outstanding Series B Shares were tendered for conversion, on a one-of-one basis, into Series A Shares. As a result of the conversion, Emera has 4,866,814 Series A Shares and 1,133,186 Series B Shares issued and outstanding. The Series A Shares and the Series B Shares will continue to be listed on the Toronto Stock Exchange ("TSX") under the symbols EMA.PR.A and EMA.PR.B, respectively.
Forward Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws with respect to Emera, the Series A Shares and the Series B Shares. By its nature, forward-looking information requires Emera to make assumptions and is subject to inherent risks and uncertainties. These statements reflect Emera management’s current beliefs and are based on information currently available to Emera management. There is a risk that predictions, forecasts, conclusions and projections that constitute forward-looking information will not prove to be accurate, that Emera’s assumptions may not be correct and that actual results may differ materially from such forward-looking information. Additional detailed information about these assumptions, risks and uncertainties is included in Emera’s securities regulatory filings, including under the heading “Business Risks and Risk Management” in Emera’s annual Management’s Discussion and Analysis, and under the heading “Principal Risks and Uncertainties” in the notes to Emera’s annual and interim financial statements, which can be found on SEDAR at www.sedar.com.
About Emera
Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion. The company primarily invests in regulated electricity generation and electricity and gas transmission and distribution with a strategic focus on transformation from high carbon to low carbon energy sources. Emera has investments throughout North America, and in four Caribbean countries. Emera’s common and preferred shares are listed on the Toronto Stock Exchange and trade respectively under the symbol EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, EMA.PR.F and EMA.PR.H. Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB. Additional Information can be accessed at www.emera.com or at www.sedar.com.
Investor Relations:
Ken McOnie, VP, Investor Relations and Treasurer
902‐428‐6945
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DUBLIN--(BUSINESS WIRE)--The "Global Railcar Movers Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The global railcar movers market and it is poised to grow by $ 2,904.43 thousand during 2020-2024, progressing at a CAGR of 1% during the forecast period.
This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the railroad transportation is energy efficient and growth in industrialization worldwide. The study identifies the growth in the oil and gas and mining industries as one of the prime reasons driving the railcar movers market growth during the next few years.
The global railcar movers market is segmented as below:
By Application
By Geography
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading railcar movers market vendors that include:
Also, the railcar movers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/43ll8z
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Global Virtual Power Plant Market, by Component (Software v/s Service), by Technology (Demand Response, Distributed Generation, Mixed Asset), by Source (Renewables, Energy Storage, CHP, Other local generation), by End User, by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Virtual Power Plant Market is forecast to witness a CAGR of 30% in the coming years and surpass $ 5.6 billion by 2025.
Growth in the Global Virtual Power Plant Market can be attributed to the growing opportunities in renewable energy and battery storage systems, rising demand for power generation from renewable sources of energy, increase in penetration of smart grid technologies, shift from centralized to distributed generation, favorable government initiatives to mitigate power outages and increasing demand for power in key industries such as petroleum refining, chemicals, metals and mining, etc.
The Global Virtual Power Plant Market can be segmented based on component, technology, source, end-user and region. In terms of component, the market can be bifurcated into software and service. In 2020, software segment dominated the market, however, service segment is expected to grow at a higher rate in the coming years. Based on technology, the market can be segmented into Demand Response, Distributed Generation, and Mixed Asset. Demand response segment currently holds the largest share and is expected to hold its dominance in the virtual power plant market during the forecast period. Demand response is highly lucrative for investment due to everlasting benefits for end-users and improving the energy efficiency of the grid.
Based on source, the market can be segmented into Renewables, CHP, Energy Storage, and Other Local Generation segments. Renewable sources, including solar, wind, hydro, and bio, are widely used sources for virtual power plant as they are naturally occurring sources of energy that can be easily replenished, and plays an important role in reducing greenhouse gas emissions. The increasing share of renewables in the power generation mix will positively impact the Global Virtual Power Plant Market.
In terms of end-user, the Global Virtual Power Plant Market is segmented into residential, commercial & industrial. The Industrial segment held the largest market share in 2019 and is expected to have the largest share over the forecast period as well. Industrial end-users are among the highest adopters of the virtual power plant setups and services. Regionally, North America is the largest virtual power plant market. Shift towards renewable energy sources, need for higher grid stability, and presence of major companies is driving the virtual power plant market in the region. Asia-Pacific is also expected to present lucrative opportunities in the coming years owing to the phenomenal growth in the construction industry, and government regulatory policies and initiatives towards clean energy, especially in China and India. Japan and South Korea are also among the industrialized countries in APAC region that is also expected to boost the region's virtual power plant in the coming years.
Companies Mentioned
The Objective of the Study:
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Virtual Power Plant Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Software vs. Service)
5.2.2. By Technology (Demand Response, Distributed Generation, and Mixed Asset)
5.2.3. By Source (Renewables, Energy Storage, CHP and Other local generation)
5.2.4. By End User (Residential, Commercial and Industrial (Petroleum Refining, Chemicals Industry, Metals & Mining and Others)
5.2.5. By Region
5.2.6. By Company (2019)
5.3. Product Market Map
6. North America Virtual Power Plant Market Outlook
7. Europe Virtual Power Plant Market Outlook
8. APAC Virtual Power Plant Market Outlook
9. South America Virtual Power Plant Market Outlook
10. Middle East and Africa Virtual Power Plant Market Outlook
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
14. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/pgfx57
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Laura Wood, Senior Press Manager
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WALL, N.J.--(BUSINESS WIRE)--The board of directors of New Jersey Resources (NYSE: NJR) today announced the unanimous election of Susan Hardwick to the board. Ms. Hardwick currently serves as executive vice president and chief financial officer (CFO) of American Water, the largest publicly traded water and wastewater utility company in the United States.
“Susan Hardwick is an accomplished leader with extensive industry and financial expertise, as well as deep knowledge of environmental, sustainability and governance issues that are a priority for our business and critical to our long-term success,” said Steve Westhoven, president and CEO of New Jersey Resources. “She is a welcome addition to our board of directors.”
“New Jersey Resources’ diverse and experienced board becomes even stronger with the addition of Susan Hardwick and her thoughtful, independent oversight,” said Donald Correll, chairman of the board of New Jersey Resources. “Along with her wealth of experience from her years in the utility and financial sectors, Susan also brings with her an important perspective rooted in public service and commitment to our communities.”
As executive vice president and CFO at American Water, Ms. Hardwick is responsible for the development and execution of business and financial strategy for the company’s regulated utility and market-based businesses. She also oversees all accounting and finance functions, including treasury, external reporting, budgeting and financial modeling, enterprise risk management, investor relations as well as customer operations and regulatory services.
Prior to joining American Water, she served as executive vice president and CFO at Vectren Corporation. As a member of the executive leadership team, she led the development and execution of business and financial strategy for the energy holding company and its regulated utility and nonutility subsidiaries.
Ms. Hardwick earned a bachelor of science degree in accounting from Indiana University. She is a certified public accountant, a member of the American Institute of CPAs, and has held numerous leadership and committee roles with the American Gas Association and the Edison Electric Institute.
She has also served in leadership positions on numerous community-based organizations, including the Board of Family Promise, Inc., the Philadelphia Chamber of Commerce, St. Vincent Evansville Medical Center, Fifth Third Bank and the Evansville Museum of Arts. She was also appointed by the governor of Indiana to the state’s Arts Commission, where she served two terms.
About New Jersey Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:
NJR and its more than 1,100 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®. For more information about NJR: www.njresources.com.
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732-938-1229
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DUBLIN--(BUSINESS WIRE)--The "Global Battery Monitoring System Market, by Component (Hardware and Software), by Type (Wired Battery Monitoring System and Wireless Battery Monitoring System), by Battery Type, by End-User, by Region, Competition, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Global Battery Monitoring System Market was valued at $ 2,490 million in 2019 and is projected to reach USD 5,331 million by 2025.
A Battery Monitoring System is an electronic device which provides real-time monitoring of battery, preventing from costly downtime, protecting the battery from operating outside its safe operating area and also calculating & balancing its environment.
Anticipated market growth is majorly attributed to favorable initiatives by various governments for boosting production and adoption of electric vehicles to conserve energy and decrease the environmental pollution associated with the combustion of conventional energy sources. Moreover, increasing necessity of generating renewable power and the rising need to increase the operational efficiency of batteries will drive the growth of the Global Battery Monitoring System Market through 2025.
The Global Battery Monitoring System Market is segmented based on component, type, battery type, end-user and region. Based on the component, the market is segmented into Hardware & Software. The hardware segment dominates the market and is expected to maintain its dominance through 2025, due to the ease of installation, faster sampling of data, reduced cabling, and high-resolution data recording abilities of hardware components such as sensors, data loggers, etc.
Based on the type, the market is segmented into wired battery monitoring system & wireless battery monitoring system. The wired battery monitoring system will lead the market until 2025. Nevertheless, the wireless battery monitoring system will also grow as they enable remote monitoring system of all operations. Based on the type of battery, the market is segmented into Lithium-ion battery, Lead Acid battery & others. The Lithium-ion based battery segment is expected to dominate the market due to their growing adoption in power tools, battery backup and electric vehicles.
Regionally, Asia Pacific is expected to continue its dominance due to growing investments in data centers and renewable power generation capacities by constituent nations like China, India & Japan. Moreover, presence of leading companies in countries such as China and Japan is also bolstering the regional market growth.
Companies Mentioned
The Objective of the Study:
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Battery Monitoring System Market
4. Executive Summary
5. Voice of Customers
5.1. Cost performance of process
5.2. Energy Efficiency of process
5.3. Recovery of active material
6. Global Battery Monitoring System Market Landscape
7. Global Battery Monitoring System Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Component (Hardware and Software)
7.2.2. By Type (Wired Battery Monitoring System and Wireless Battery Monitoring System)
7.2.3. By Battery Type (Lithium-Ion Battery, Lead-Acid Battery and Others)
7.2.4. By End-User (Data Centre, Telecommunications, Energy, Automotive and Others)
7.2.5. By Company (2019)
7.2.6. By Region
7.3. Market Attractiveness Index
8. Asia-Pacific Battery Monitoring System Market Outlook
9. North America Battery Monitoring System Market Outlook
10. Europe Battery Monitoring System Market Outlook
11. Middle East and Africa Battery Monitoring System Market Outlook
12. South America Battery Monitoring System Market Outlook
13. Market Dynamics
13.1. Drivers
13.2. Challenges
14. Market Trends & Developments
15. Supply Chain Analysis
16. Policy & Regulatory
17. Competitive Landscape
17.1. Storage Battery System LLC (SBS)
17.2. Power Shield Limited
17.3. Schneider Electric
17.4. NDSL
17.5. Battery DAQ
17.6. HBL Power System Limited
17.7. SOCOMEC Group
17.8. Curtis Instruments, Inc.
17.9. BTECH
17.10. Eagle Eye Power Solution
18. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/ev7n6b
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEW YORK--(BUSINESS WIRE)--Software created by Smarter Grid Solutions (SGS) is being used to control a 1 MW/1 MWh lithium-ion energy storage system in New York City as part of a demonstration project for Con Edison and on-site energy infrastructure developer GI Energy (GIE).
A further three 1 MW/1 MWh lithium-ion batteries are due to be installed in the city, with the devices contracted to Con Edison for five years.
All four batteries will be controlled by SGS’s ANM Strata distributed energy resource management system (DERMS) software.
The demonstration project will help Con Edison – the energy company that serves New York City and Westchester County, N.Y. – determine the value of using energy storage to manage constraints while opening up additional market value streams.
It will also help Con Edison understand how energy storage can improve grid resilience.
Storing energy is becoming increasingly important as utilities integrate wind, solar and energy from other intermittent sources. Balancing supply and demand is taking on a new dimension as electric vehicles and smart appliances connect to the grid, creating additional demand, but also providing opportunities to store electricity and generate new revenue streams from flexible, aggregated operation.
DERMS holds the key to unlocking the potential of renewables, electric vehicles and other distributed energy resources (DERs) while giving utilities and distribution network operators the tools they need to control smart grids.
Con Edison will pay a quarterly fee for priority dispatch rights to the batteries during times of high demand, while system owners will receive revenue from buying and selling the batteries’ electricity in the wholesale market and providing other New York Independent System Operator (NYISO) system services.
Brent Marshall, SGS’s CEO, said: “We are simultaneously optimizing the economic opportunity while respecting the physical constraints and operational needs of Con Edison. It’s a complex problem marrying the physical and the financial in this way, but it was essential that we solve this challenge to truly realize the stacked value potential of these energy storage deployments.”
Corina Solis, GIE’s Associate Director of Development, said: “This business model offers a fast opportunity to scale distribution-tied energy storage in Con Edison’s territory and beyond. The goal is to provide our utility partners with increased input into the location and dispatch schedule of our projects, while at the same time removing some of the siting and sizing restrictions that we run into as project developers. The result should be a more cost-effective solution for all parties involved.”
ENDS
Vickie Henry
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New online platform brings decision-makers together for learning, networking and dealmaking
FORT WORTH, Texas--(BUSINESS WIRE)--#NAPENetwork--The first-ever virtual Summer NAPE kicked off last week, bringing buyers, sellers, investors and service providers together on the new NAPE Network to make deals happen.
“During this time of social distancing, the NAPE Network provides a digital platform that connects industry professionals with the vast NAPE audience. We are excited to host 181 exhibitors, 400 prospect listings and 1,500 attendees to our inaugural virtual expo,” said Ron Munn, NAPE chairman and general manager-land at Chevron U.S.A. Inc. “And with the flexibility of our NAPE Network online platform, Summer NAPE is open for dealmaking, networking and learning until Aug. 27.”
Through the NAPE Network, registrants can access all the signature features of Summer NAPE: oil and gas prospects and producing properties, networking, job boards, presentations and roundtable discussions featuring industry experts from across the globe, and more.
With just a few clicks, registrants can easily browse prospects and producing properties to buy, lease and trade and even narrow their search by investment level, acreage, exploration method, basin, state, county and company name.
Among the presentations now available to view on the NAPE Network is the Dealmakers Keynote featuring iconic political strategist Karl Rove, who previewed the fall presidential campaigns and weighed in on the role of energy nationally and in key states, the impact of mail-in ballots, swing voters, campaign spending, advice he would offer to President Trump and more.
Summer NAPE roundtable discussions and Business Conference sessions featuring well-respected industry leaders are also available to view on the NAPE Network. Registrants can submit questions via the Q&A platform, and moderators will continue to respond throughout Summer NAPE’s extended run.
Summer NAPE on the NAPE Network concludes at 4 p.m. Aug. 27 with the Network Sweepstakes drawing for $10,000. To register, visit NAPEexpo.com/summer.
About NAPE
NAPE is the largest exhibition of its kind in the world, providing unmatched venues for oil and gas professionals to meet, network, connect and do business. It was founded in 1993 by the AAPL and now also includes IPAA, SEG and AAPG as partner hosts. NAPE offers two expos annually — NAPE Summit in February and Summer NAPE in August. For more information on NAPE, please visit www.NAPEexpo.com and follow NAPE on Twitter at @NAPE_EXPO.
Callie Kersey
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817-847-7700
DUBLIN--(BUSINESS WIRE)--The "Global Vehicle to Grid Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The global vehicle to grid market is poised to grow by $5.01 billion during 2020-2024, progressing at a CAGR of 14% during the forecast period.
The report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the change in grid structure allowing decentralized power generation, ability to meet peak electricity demands, and improvements in EV battery technology.
The study identifies the increasing popularity of EVs through government initiatives as one of the prime reasons driving the vehicle to grid market growth during the next few years. Also, rapid deployment of smart grids, and rise in number of EV charging stations will lead to sizable demand in the market.
The global vehicle to grid market is segmented as below:
By Technology
By Geography
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vehicle to grid market vendors that include:
Also, the vehicle to grid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/fc76hk
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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DUBLIN--(BUSINESS WIRE)--The "Offshore Mooring Systems Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.
As the Offshore Mooring Systems industry shifts, the report presents the emerging market trends, factors driving the Offshore Mooring Systems market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Offshore Mooring Systems companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Offshore Mooring Systems industry trends.
To avoid getting left behind in an intensive competitive Offshore Mooring Systems market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Offshore Mooring Systems companies must strengthen their capabilities to maintain their market shares in the Offshore Mooring Systems industry.
To assist Offshore Mooring Systems manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of Offshore Mooring Systems market size, share, opportunities, and outlook to 2026. The report explores changing Offshore Mooring Systems market landscape, capital markets, strategies, mergers & acquisitions in the global and country-level markets.
Global Offshore Mooring Systems Market Overview, 2020
The report presents an introduction to the Offshore Mooring Systems market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Offshore Mooring Systems companies, emerging market trends, Offshore Mooring Systems market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Offshore Mooring Systems market.
Global Offshore Mooring Systems Market Segmentation and Forecasts to 2026
The global Offshore Mooring Systems market size is forecast across different scenarios including the actual forecasts and COVID affected forecasts from 2019 to 2026. Further, Offshore Mooring Systems market revenue and market shares in global industry are forecast across different types of Offshore Mooring Systems, applications, and end-user segments of Offshore Mooring Systems and across 18 countries.
Global Offshore Mooring Systems market analysis by Company
The report presents the 10 leading Offshore Mooring Systems companies in the global industry including details of business overview, business operations, SWOT profile, and Offshore Mooring Systems products.
Global Offshore Mooring Systems market news and developments
Offshore Mooring Systems market news and market developments since 2019 including asset purchases, new manufacturing units, product launches, and mergers & acquisitions are included.
Offshore Mooring Systems market report scope and structure
The research work includes over 90 data tables and charts prepared based on data in our proprietary databases, which is collected from leading manufacturers and government statistics to ensure reliable market data. It also presents the critical analysis of end-user industries along with internal and external factors affecting the market.
Report Guide
Chapter-wise Guidance
General Scope
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/13alf1
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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CLEVELAND--(BUSINESS WIRE)--Power management company Eaton has earned a spot on the 19th annual Top 50 Employers list by STEM Workforce Diversity magazine. The Top 50 Employers list is by readers’ choice and is featured in the magazine’s summer 2020 edition.
“As an innovator in power management solutions, Eaton strives to create an environment where critical thinking and ingenuity are highly valued,” said Astrid Mozes, vice president, power and motion controls, Hydraulics Group, Eaton. “It is increasingly important for us to be an employer of choice for the talented STEM candidates who will help us build a strong foundation for future generations of innovators.”
The Top 50 Employers list is the result of an annual survey sent to randomly selected readers who chose the top companies in the U.S. that they would most like to work with or believe would provide a positive working environment for science, technology, engineering and math (STEM) professionals who are members of minority groups, women and people with disabilities.
Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2019 revenues were $21.4 billion, and we sell products to customers in more than 175 countries. We have approximately 93,000 employees. For more information, visit Eaton.com.
Katy Brasser, (216) 232-8869
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Sweltering Heat Waves Increase Energy Demand, Potential for Power Outage Activity
SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) continues to urge customers to conserve energy as above-normal temperatures continue to dominate across the service area today and are expected to continue at least through the middle of the week. Conservation is the best way customers can help prevent stress and strain on the electric supply that could lead to power outages for some electric customers.
PG&E meteorologists forecast generally high temperatures that will reach between 100 and 110 degrees in some locations. The COVID-19 pandemic has made the heat-outage forecast more uncertain due to shifts in electric loads because more people are staying home all day. PG&E restoration and repair crews are prepared to immediately respond to potential outages.
PG&E Tips to Stay Safe and Cool
PG&E Tips to Save Energy and Reduce Usage
PG&E also funds the operation of existing county- or city-run cooling centers throughout the state. These centers fill a critical need for those who might not have the means to cool and shelter themselves from prolonged hot temperatures.
To find a cooling center near you, please call your local city or county government, or call PG&E’s toll-free cooling center locator line at 1-877-474-3266 or visit pge.com/coolingcenters.
PG&E does not anticipate initiating any Public Safety Power Shutoff events this week. Any power outages that occur during this hot spell are not PSPS events.
For more tips on how to stay safe and save energy this summer, visit www.pge.com/summer.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation's cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
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DUBLIN--(BUSINESS WIRE)--The "Global Power Monitoring and Control Software Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The global power monitoring and control software market is poised to grow by $3.19 billion during 2020-2024, progressing at a CAGR of 6% during the forecast period.
This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by the growing need for efficient power monitoring and control, rise in use of solar and wind-generated power, and the advent of automation and IoT in industrial applications.
The study identifies the increasing focus on energy efficiency as one of the prime reasons driving the power monitoring and control software market growth during the next few years. Also, high adoption in data centers and the rising need for power distribution analysis among power utilities will lead to sizable demand in the market.
The global power monitoring and control software market is segmented as below:
By Application
By Geography
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power monitoring and control software market vendors that include:
Also, the power monitoring and control software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
For more information about this report visit https://www.researchandmarkets.com/r/57yftx
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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Outages Expected to Affect Approximately 210,000 Customers in portions of San Francisco, San Mateo and Contra Costa Counties
Customers Strongly Urged to Conserve Electricity through Wednesday Night
PG&E Is Not Calling A Public Safety Power Shutoff
SAN FRANCISCO--(BUSINESS WIRE)--Based on current power usage forecasts, it is likely that the state’s electric grid operator, the California Independent System Operator (CAISO), will direct Pacific Gas and Electric Company (PG&E) to conduct rotating power outages in the early to late evening Sunday.
Expected Impacts of Sunday Outages
Should the CAISO direct PG&E to move forward, the outages are expected to affect approximately 210,000 PG&E customers in portions of San Francisco, San Mateo and Contra Costa counties. No customers should be impacted overnight.
Outages are estimated to last one to two hours. PG&E’s Emergency Operations Center is activated and working closely with the CAISO to support this event.
Reason for Rotating Outages
Rotating outages (Stage 3 Emergencies) become necessary when the CAISO is unable to meet minimum contingency reserve requirements and load interruption is imminent or in progress. These emergencies are declared by the CAISO. During these emergencies, the CAISO will typically order the state's utilities, including PG&E, to reduce electrical load by turning off service immediately, in order to prevent larger outages on the grid. Due to the emergency nature of these outages, utilities will not be able to give advance warning to customers.
These outages are not Public Safety Power Shutoffs, which are called during specific high fire threat conditions, and they are not related to any issues with PG&E’s equipment or its ability to deliver energy locally.
PG&E Tips to Save Energy and Reduce Usage
PG&E strongly urges all customers to conserve energy through next Wednesday.
PG&E Tips to Stay Safe and Cool
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation's cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
Media Relations
415.973.5930
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