DUBLIN--(BUSINESS WIRE)--The "Oil ad Gas Asset Integrity Management Services Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
The oil and gas asset integrity management services market is expected to register a CAGR of about 8.67% during the forecast period.
Companies Mentioned
Key Market Trends
Downstream Sector to Dominate the Market
North America to Dominate the Market
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Market Dynamics
4.4.1 Drivers
4.4.2 Restraints
4.5 Government Policies and Regulations
4.6 Supply Chain Analysis
5 MARKET SEGMENTATION
5.1 Location of Deployment
5.1.1 Onshore
5.1.2 Offshore
5.2 Sector
5.2.1 Upstream
5.2.2 Midstream
5.2.3 Downstream
5.3 Geography
5.3.1 North America
5.3.2 Asia-Pacific
5.3.3 Europe
5.3.4 South America
5.3.5 Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Aker Solutions ASA
6.3.2 Bureau Veritas S A
6.3.3 Genesis Oil & Gas Consultants Limited
6.3.4 Intertek Group PLC
6.3.5 Oceaneering International Inc.
6.3.6 Fluor Corporation
6.3.7 Technip FMC
6.3.8 Applus RTD Group
6.3.9 ABS Consulting Inc.
6.3.10 EM&I Ltd
6.3.11 Meridium Inc.
6.3.12 Worley Parson Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/i5m65
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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MADISON, Wis.--(BUSINESS WIRE)--The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today declared the regular quarterly dividend of $0.37 per share on the outstanding shares of the company's common stock, payable Dec. 15, 2020, to shareholders of record at the close of business Dec. 1, 2020.
MGE Energy has increased its dividend annually for the past 45 years and has paid cash dividends for more than 110 years.
About MGE Energy
MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 155,000 customers in Dane County, Wis., and purchases and distributes natural gas to 163,000 customers in seven south-central and western Wisconsin counties.
Steve Schultz
Corporate Communications Manager
608-252-7219 | This email address is being protected from spambots. You need JavaScript enabled to view it.
EDISON, N.J.--(BUSINESS WIRE)--Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced that it has entered into an agreement to supply Carson Hybrid Energy Storage, LLC (“CHES”) with six units of Eos Aurora® 500 kWh Zinc Hybrid Cathode Battery Energy Blocks.
Eos will manufacture, design and deliver its zinc-based battery solutions to CHES by early summer 2021. These safe, sustainable, long duration battery solutions will be used in parallel with existing power generation and substation architecture to store renewable energy generated capacity, and to provide power quality and better resilience to the California power grid. Last month, Eos entered a separate agreement with CHES to deliver 500 MWh of integrated AC battery energy storage systems starting in the first quarter of 2023.
“We are delighted to work with Carson Hybrid Energy Storage to provide this solution at their peaker facility in California,” said Dr. Balki Iyer, Chief Commercial Officer at Eos. “Our system supported CAISO during recent grid disruptions and hope it will provide great value in terms of demand management and resilience. We are very excited to be building these projects with Carson while also working with them on the larger 500MWh project.”
“In population-dense Los Angeles, California, the non-flammable Eos Aurora® Zinc Hybrid Cathode Battery Energy Blocks provide CHES an energy dense storage solution that doesn’t place our neighbors or first responders at risk of a runaway Lithium Ion fire or explosion,” said Mike Munoz, Chief Executive Officer of Carson Cogeneration. “This first installation in our partnership with Eos allows CHES to support the 2016 California Public Utilities Commission (CPUC) Distributed Energy Resources Action Plan with demand charge management, local capacity and grid resilience.”
Eos’ zinc-based battery systems are unique for their scalable design, ability to withstand extreme temperatures, widely available and non-rare earth materials, and full recyclability. The system is also a cost-effective energy storage solution, with a 15-year to 30-year life and minimal installation and maintenance costs. These are among the many qualities that differentiate Eos’ zinc-based batteries from the lithium-ion alternative.
As previously announced, B. Riley Principal Merger Corp. II (“BMRG”), a publicly traded special purpose acquisition company, and Eos have entered into a definitive merger agreement for a business combination that would result in Eos becoming a publicly listed company. Upon closing of the transaction, the combined company will be renamed Eos Energy Enterprises, Inc. (“Eos Energy”) and intends to list its shares of common stock on Nasdaq under the ticker symbol “EOSE”.
About Eos Energy Storage LLC
At Eos, we are on a mission to accelerate clean energy by deploying stationary storage solutions that can help deliver the reliable and cost-competitive power that the market expects in a safe and environmentally sustainable way. Eos has been pursuing this opportunity since 2008 when it was founded. Eos has more than 10 years of experience in battery storage testing, development, deployment, and operation. The Eos Aurora® system integrates Eos’ aqueous, Znyth® technology to provide a safe, scalable, and sustainable alternative to lithium-ion. https://eosenergystorage.com
About Carson Hybrid Energy Storage, LLC
Headquartered in California, CHES operates under the California Independent System Operator Corporation (“CAISO”) tariff as a grid connected generator.
About B. Riley Principal Merger Corp. II
BMRG was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Additional Information about the Business Combination
In connection with the business combination, BMRG has filed a preliminary proxy statement with the United States Securities and Exchange Commission (“SEC”). BMRG stockholders and other interested persons are advised to read, when available, the preliminary proxy statement and any amendments thereto and, once available, the definitive proxy statement, in connection with BMRG’s solicitation of proxies for the meeting of stockholders to be held to approve, among other things, the proposed business combination, because the proxy statement will contain important information about BMRG, Eos and the proposed business combination. When available, the definitive proxy statement will be mailed to BMRG stockholders as of a record date to be established for voting on the proposed business combination. Stockholders will also be able to obtain copies of the proxy statement, without charge, once available, at the SEC’s website at www.sec.gov. Copies of the documents filed with the SEC by BMRG when and if available, can be obtained free of charge by directing a written request to B. Riley Principal Merger Corp. II, 299 Park Avenue, 21st Floor, New York, New York 10171 or by telephone at (212) 457-3300.
For Eos Energy Storage LLC
Investors
Ed Yuen
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Media
Balki G. Iyer
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HOUSTON--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the “Trust”) today announced the net profits interest calculation for October 2020. The net profits interest calculation represents reported oil production for the month of July 2020 and reported natural gas production during June 2020. The calculation includes accrued costs incurred in August 2020.
This month, there was a continued rebound in the reported oil volumes, which partly reflects a return of previously deferred sales and shut-in production by some of the operators of the oil and gas properties underlying the Trust (the “Underlying Properties”). Excluding prior net profits interest shortfalls, income from the distributable net profits interest this month would have been approximately $0.1 million, or $0.0042 per unit. As a result of the cumulative outstanding net profits shortfall of approximately $2.4 million, however, no distribution will be paid to the Trust’s unitholders of record on October 30, 2020 in November 2020. Distributions to the Trust will resume once the cumulative net profits shortfall, which now totals approximately $2.2 million, is eliminated.
The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations. The amounts in the table have not been adjusted to reflect temporarily delayed sales and shut-in oil volumes discussed below.
|
|
Underlying Sales Volumes |
|
Average Price |
||||||||||
|
|
Oil |
|
Natural Gas |
|
Oil |
|
Natural Gas |
||||||
|
|
Bbls |
|
Bbls/D |
|
Mcf |
|
Mcf/D |
|
(per Bbl) |
|
(per Mcf) |
||
Current Month |
|
54,070 |
|
1,744 |
|
465,732 |
|
15,524 |
|
$ |
35.70 |
|
$ |
1.23 |
Prior Month |
|
44,028 |
|
1,468 |
|
230,839 |
|
7,446 |
|
$ |
33.31 |
|
$ |
1.12 |
Recorded oil cash receipts from the Underlying Properties totaled $1.9 million for the current month on realized wellhead prices of $35.70/Bbl, up $0.4 million from the prior month distribution period. Based on current data for the Underlying Properties, COERT Holdings 1 LLC (the “Sponsor”) indicates that production and cash receipts continue to normalize.
Recorded natural gas cash receipts from the Underlying Properties totaled $0.6 million for the current month, an increase of $0.3 million from the prior month’s distribution period, due in part to the receipt of proceeds from the sales of prior months’ production.
Total accrued operating expenses for the period were $2.3 million, a $0.8 million increase month-over-month from September 2020 primarily due to the increase in recorded production. Capital expenditures increased $0.4 million from the prior month.
The remaining cumulative shortfall in net profits for the prior months will be deducted from any net profits in next month’s net profits interest calculation. At this time based on current commodity prices, the Sponsor anticipates that the Underlying Properties will continue to generate positive net profits to reduce the cumulative shortfall before returning to monthly distributions again.
About Permianville Royalty Trust
Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust’s filings with the Securities and Exchange Commission (the “SEC”), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust’s administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.
Forward-Looking Statements and Cautionary Statements
This press release contains statements that are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements contained in this press release, other than statements of historical facts, are “forward-looking statements” for purposes of these provisions. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, expected expenses, including capital expenditures, and expectations regarding the ability of the Underlying Properties to continue to generate positive net profits before returning to monthly distributions. The anticipated distribution is based, in large part, on the amount of cash received or expected to be received by the Trust from the Sponsor with respect to the relevant period. The amount of such cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by the volatility in commodity prices, which have declined since the beginning of 2020 in response to the economic effects of the COVID-19 pandemic and the dispute over production levels between Russia and the members of the Organization of Petroleum Exporting Countries, including Saudi Arabia, resulting in an oversupply of crude oil and exacerbating the decline in crude oil prices, and could remain low for an extended period of time. Continued low oil and natural gas prices will reduce profits to which the Trust is entitled, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. Other important factors that could cause actual results to differ materially include expenses of the Trust, reserves for anticipated future expenses and the effect, impact, potential duration or other implications of the COVID-19 pandemic. In addition, future monthly capital expenditures may exceed the average levels experienced in 2019 and prior periods. Statements made in this press release are qualified by the cautionary statements made in this press release. Neither the Sponsor nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s filings with the SEC, including the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2019, filed with the SEC on March 16, 2020, and the Trust’s Quarterly Report on Form 10-Q for the period ended June 30, 2020, filed with the SEC on August 7, 2020. The Trust’s quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.
Permianville Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell 1 (512) 236-6555
DUBLIN--(BUSINESS WIRE)--The "Environmental and Safety Mandates Driving the Global Oil & Gas Analytical Instrumentation Market, 2020-2026" report has been added to ResearchAndMarkets.com's offering.
Environmental mandates on achieving a low carbon footprint are driving the analytical instrumentation market in the oil & gas industry. Applications in the refining segment, including monitoring of air/water quality and measuring greenhouse gas (GHG) emissions, to present increased growth opportunities.
The market for analytical instrumentation in the oil & gas industry crashed due to the Coronavirus 2019 (COVID-19) induced slowdown that caused a decline in oil prices due to oversupply and less demand. The global demand for gas is expected to peak in 2026 and surpass that for oil, making it the world's primary energy source. This will result in a high demand for analytical instrumentation in upstream and midstream activities.
Key Findings
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Drivers and Restraints - Total Analytical Instrumentation Market in the Oil & Gas Industry
4. Forecasts and Trends - Total Analytical Instrumentation Market in the Oil & Gas Industry
5. Market Share and Competitive Analysis - Total Analytical Instrumentation Market in the Oil & Gas Industry
6. Growth Opportunities and Companies to Action
7. Gas Analyzer Segment Analysis
8. Liquid Analyzer Segment Analysis
9. Spectrometer Segment Analysis
10. Gas Chromatograph Segment Analysis
11. Application Analysis - Upstream Segment
12. Midstream Segment Analysis
13. Downstream Segment Analysis
14. The Last Word
15. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/rl06dg
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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PRINCETON, N.J.--(BUSINESS WIRE)--$NRG #earnings--NRG Energy, Inc. (NYSE:NRG) plans to report Third Quarter 2020 financial results on Thursday, November 5, 2020. Management will present the results during a conference call and webcast at 9:00 a.m. Eastern.
A live webcast of the conference call, including presentation materials, can be accessed through NRG’s website at http://www.nrg.com and clicking on “Presentations & Webcasts” in the “Investors” section found at the top of the home page. The webcast will be archived on the site for those unable to listen in real time.
About NRG Energy
At NRG, we’re bringing the power of energy to people and organizations by putting customers at the center of everything we do. We generate electricity and provide energy solutions and natural gas to more than 3.7 million residential, small business, and commercial and industrial customers through our diverse portfolio of retail brands. A Fortune 500 company, operating in the United States and Canada, NRG delivers innovative solutions while advocating for competitive energy markets and customer choice, and by working towards a sustainable energy future. More information is available at www.nrg.com. Connect with NRG on Facebook, LinkedIn and follow us on Twitter @nrgenergy, @nrginsight.
Investors:
Kevin L. Cole, CFA
609.524.4526
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Media:
Candice Adams
609.524.5428
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DUBLIN--(BUSINESS WIRE)--Kroll Bond Rating Agency Europe (KBRA) releases a recap of the virtual Infrastructure Investor Global Summit 2020 held on 12-15 October.
The event, which attracted over 1,500 registered attendees, explored a number of topics with a particular focus on the emergence of digital infrastructure, the industry’s reaction to environmental, social, and governance (ESG), and the continued growth of the renewable energy industry as economies transition to a net zero carbon energy model.
The recap provides a summary of the discussions emerging from each panel.
Click here to view the report.
Related Publications
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.
Analytical Contacts
Garret Tynan, Senior Director
+353 87 455 9936
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Karim Nassif, Director
+353 87 178 4335
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Andrew Giudici, Senior Managing Director
+1 (646) 731-2372
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Yee Cent Wong, Senior Managing Director
+44 208 148 1005
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Business Development Contact
Mauricio Noé, Senior Managing Director, Head of Europe
+44 208 148 1010
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TORONTO--(BUSINESS WIRE)--Chemtrade Logistics Income Fund (TSX: CHE.UN) will release its results for the three months and nine months ended September 30, 2020 on Thursday, November 12, 2020 after close of markets.
A conference call to review the results will be webcast live on Friday, November 13, 2020 at 10:00 a.m. To access the webcast click here.
Mark Davis
President & CEO
Tel: (416) 496-4176
Rohit Bhardwaj
Vice-President, Finance and CFO
Tel: (416) 496-4177
DUBLIN--(BUSINESS WIRE)--The "Pipes and Fittings Market - Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
Global Pipes and Fittings Market is forecast to reach $8 billion by 2025, growing at a CAGR of 4.7% during the forecast period from 2020 to 2025.
The Pipes and Fittings market is driven primarily by the factors such as increasing urbanization leading to infrastructure growth, and growing demand towards plastic pipes. Moreover, rising use of pipes and fittings in mining industries and chemical industries can help the market to grow further. Adoption of steel pipes and fittings by various industries can also help the market to rise significantly during the forecast period.
Key Takeaways
Piping material- Segment Analysis
Plastic pipes are expected to have a major share in the pipes and fittings market during the forecast period 2020-2025. With being anti-corrosive, highly economical and deployment in demanding applications, plastic pipes like PVC and PEX are highly dominating the pipes and fittings market. Due to rising demand towards water management systems, plastic pipes are causing more demands with respect to metal pipes. Withstanding high temperatures and pressure along with providing high insulation properties are the key factors driving the demand towards PVC pipes market by the chemical industries. Due to overcoming major issues of metal pipes, the plastic pipes are expected to dominate the market in the near future.
Geography - Segment Analysis
APAC is expected to have a major growth in the global Pipes and Fittings market during the forecast period from 2020 to 2025. The region is anticipated to hold a major market share in near future due to high government investments for infrastructure as well as demands in automobile industries. Key players like Hindware and Mueller Industries have contributed for a major market share in the APAC region. During 2019, Indian government had announced of investment of $1.45 trillion towards infrastructure development over the next five years, thereby creating major demands for the pipes and fittings market.
Drivers - Pipes and Fittings Market
- Increased investments towards infrastructure
Government investments for construction projects due to rapid urbanization is anticipated to mark a major rise towards the pipes and fittings market over the forecast 2020. Government is investing huge amounts towards infrastructure growth, thereby fueling the growth for plastic pipes due to their demanding applications such as in wires, cables, and water distribution systems. Huge investments of about $1.45 trillion by the Indian government towards infrastructure development has been acting as a major driver and fueling the pipes and fittings market.
- Increased pipeline projects
With the rising growth towards pipeline projects, Oil and gas industry contributes for a major share in the pipes and fittings market. Permian Basin, one of the world's largest oil fields have been contributing towards gas related infrastructures due to rising gas production in the near future. In 2019, the company had confirmed its beginning of two major gas pipelines construction along with another pipeline on the way towards development. With growing gas pipeline projects, pipes and fittings market can expect to have a major market share in 2020. Major oil based companies are continuously focusing towards pipeline projects, thereby driving the global pipes and fittings market.
Challenges - Pipes and Fittings Market
- Leakage issues
Pipe leakage is a major issue faced in the pipes and fittings market. Due to its major applications in water distribution and sewage, leakages cause high investments by the end users, thereby leading to high maintenance. Water leakage causes a major problem leading to water wastage, thus increasing environmental as well as economic issues. With rising additional costs to avoid pipe leakages, the pipes and fittings market is getting hampered.
Market Landscape
Partnerships and acquisitions along with product launches are the key strategies of the players in the Pipes and Fittings Market. The major key players in the Pipes and Fittings Market include Saint Gobain, Jaquar Group, Aliaxis, Kohler Co., Grohe, Aluminum Roofline products, Charlotte Pipe and Foundry, Hindware, Alumasc Building Products, McAlpine and Co., McWane and Mueller Industries.
For more information about this report visit https://www.researchandmarkets.com/r/1migr3
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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LONDON--(BUSINESS WIRE)--#GeothermalPowerMarket--Technavio has been monitoring the global geothermal power market size and it is poised to grow by 39.79 TWh during 2020-2024, progressing at a CAGR of about 8% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aboitiz Power Corp., Berkshire Hathaway Energy Co., Calpine Corp., Enel Spa, Energy Development Corp., Geothermal Engineering Ltd., HS Orka hf, Kenya Electricity Generating Co. Plc, Kyushu Electric Power Co. Inc., and Ormat Technologies Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Rising investments and government initiatives have been instrumental in driving the growth of the market. However, the high initial capital investments in establishing geothermal power plants might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts
Geothermal Power Market 2020-2024: Segmentation
Geothermal Power Market is segmented as below:
Geothermal Power Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The geothermal power market report covers the following areas:
This study identifies the growing demand for renewable energy sources as one of the prime reasons driving the Geothermal Power Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Geothermal Power Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SEOUL, South Korea--(BUSINESS WIRE)--#ElectricVehicles--KCC Co., Ltd., was selected as the ‘Global Hidden Champion 2020’ for Korea. Global Hidden Champions is a project led by the Korean Ministry of SMEs and Startups to discover small and medium-sized enterprises with innovative power and growth potential and develop them into export leaders.
Established in 1992, KCC has spent 28 years focused on the development of hydraulic and pneumatic parts and technologies. At the time of its foundation, the valve market in Korea was completely controlled by Japanese, German, and U.S. companies. “It hurt my pride. I wanted to localize key parts by any means available and reduce dependence on imported products,” said Dukgyu Park, CEO of KCC.
For that reason, he has invested over 10% of the company’s sales revenue in R&D. With its management philosophy that “quality is pride,” KCC established the Hydraulic and Pneumatic Pressure R&D Center in 2004. In addition, all employees must complete 50 hours of external training each year.
Hydraulic and pneumatic parts, which rely on oil pressure and air pressure, respectively, are used in machinery and automated products including cylinders, buttons, paddles, and grabs. These parts are mainly found in excavators and machine tools. In line with future industrial trends, KCC has established its own lineup of facilities to produce secondary cells for electric vehicles and drones, etc.
The company’s R&D efforts have borne fruit. In 2007, KCC began exporting pneumatic solenoid valves to Japan. Additionally, KCC won recognition for the reliability of its products from the Korea Institute of Machinery & Materials and became the only company in the industry to be selected as an autonomous procurement supplier of POSCO. KCC has obtained dozens of patents, such as for a gripper/gripper sensor detection unit, a vacuum pad system, a solenoid valve, and a valve-integrated mechatronics cylinder system. KCC has also achieved various qualifications and certifications for domestic product supply and export, including R Mark, CE Certification, a Blast Valve Performance Certificate, and maintenance certification from five power generating companies.
KCC operates factories in Gunpo and Daegu, with its head office located in Seoul. KCC is a global hidden champion that has built not only a domestic sales network, but a global one extending beyond the Asian markets of Japan, China, Thailand, and Indonesia to Iran and Turkey.
KCC Co., Ltd.
Hyojin Kim
+82-2-2637-4000
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LONDON--(BUSINESS WIRE)--#BunkerOilMarket--The bunker oil market size is set to grow by 104.44 million MT accelerating at a CAGR of over 4%, during the period spanning over 2020-2024. One of the key factors driving growth is the increasing naval expenditure. Increasing security concerns and external threats have led many countries to increase their expenditure on enhancing defense capabilities. The growing LNG market is a significant trend that will further stimulate market growth. LNG is steadily gaining prominence among end-users due to its odorless, non-toxic, and non-corrosive nature.
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Parent Market Analysis
Technavio categorizes the global bunker oil market as a part of the global oil and gas storage and transportation market, within the global oil and gas market. The global oil and gas storage and transportation market covers companies engaged in the transportation and/or storage of gas, oil, and/or refined products. The oil and gas midstream or storage and transportation market is one of the three links in the overall oil and gas value chain. Growth in the global oil and gas market will be driven by the increasing global demand for energy.
Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Bunker Oil Market: Geographic Segmentation
The report segments the market by geography: APAC, North America, Europe, MEA, and South America. About 43% of the market’s growth will originate from APAC during the forecast period. Increasing demand for fuel in China and India is driving the growth of the market in APAC. Singapore and China are the key markets for bunker oil in APAC.
Bunker Oil Market: Segmentation by Product
The residual fuel segment was the leading the market in 2019. Heavy fuels such as residual fuel are highly preferred in large ships. This is because larger engines can only efficiently burn fuels that have higher proportions of heavy fuel oil. These factors are crucial in driving the growth of the segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the bunker oil market size.
Bunker Oil Market: Growth Drivers
The market is driven by increasing naval expenditure. Rising incidents of terrorist attacks and border disputes have led many countries to focus on strengthening their defense capabilities. This has increased the expenditure in the defense sector, which has also increased the overall naval spending. For instance, in March 2017, the People's Liberation Army (PLA) Navy division announced its plans to secure substantial new funding in China’s defense budget in 2017. Similarly, other countries such as Indonesia and South Korea have also increased their spending on the military during the past few years. Therefore, the increase in naval spending will positively influence the demand for bunker oil during the forecast period.
Bunker Oil Market: Challenges to Overcome
The adoption of slow-steaming is increasingly becoming popular in the shipping industry as it helps shipping companies to reduce fuel costs by up to one-seventh. Also, speed reduction has a direct impact on the drag of the vessel while sailing. This is leading to reduced fuel consumption, which is affecting the growth of the global bunker oil market.
Bunker Oil Market: Vendor landscape
This report provides information on revenue, organizational developments, and key go-to-market strategies of several leading bunker oil companies, including:
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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LONDON--(BUSINESS WIRE)--#GlobalMaritimeSecurityMarket--The global maritime security market size is poised to grow by USD 2.06 billion during 2020-2024, progressing at a CAGR of about 2% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
The maritime security market is driven by the growing marine threats. Marine borders play an important role in national security and territorial integrity. Marine borders are also important for global trade, immigration, and emigration. In many countries that have a long coastline, the patrolling of territorial waters using highly advanced airborne platforms is gaining importance. Maritime security systems are highly effective in the detection and identification of threats and the carrying out of operations for security. For instance, the oil rigs in the Gulf of Guinea in western Africa are highly vulnerable to the threat of piracy. The region has witnessed about six such instances of piracy since 2007. Also, pirate groups operating in the region often resort to violent and extreme measures, such as kidnapping, torturing, and shooting of crewmen. The integration of the maritime security system helps in sending information about marine threats. Thus, growing marine threats is driving the market for maritime security.
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Expansion of the Chinese Naval Fleet in Critical Regions will be a Key Market Trend
China has been focusing on its naval fleet expansion since the announcement by the Chinese President in 2012 on making China a maritime superpower. The expansion of its naval fleet by China is encouraging the country to prove its dominance in critical regions, such as the disputed South China Sea and the Indian Ocean. In July 2019, China held military exercises in the South China Sea, which is the world's most critical seaborne trade route. Furthermore, in May 2019, China announced the deployment of a coastguard vessel in the South China Sea to monitor the Parcel Islands. These activities undertaken by China in the South China Sea are compelling countries such as the Philippines, Taiwan, and Vietnam to focus on the strengthening of their own naval fleets. Thus, the aggressive expansion of its naval fleet by China in critical regions is likely to augment the growth of the global maritime security market during the forecast period.
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Maritime Security Market 2020-2024: Key Highlights
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Threats and vulnerabilities
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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LONDON--(BUSINESS WIRE)--#GlobalThermalEnergyStorageMarket--The thermal energy storage market is expected to grow by 1,956.30 MW during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.
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Thermal storage enhances the solar plant system’s flexibility by extending the rate of solar electricity generation and improving its coincidence with existing demand. This is accomplished by reducing constraints of ramping and minimum generation levels in CSP plants. The use of thermal energy storage in CSP plants allows generating power in adverse weather conditions as well as with no reduction in the operating efficiency. Additionally, the cost of electricity generation using CSP plants has reduced significantly in recent years. The cost of electricity generation from projects commissioned from 2020 onwards is expected to decrease by up to 70%. These factors are increasing the demand for the installation of CSP plants and will drive the thermal energy storage market growth.
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As per Technavio, the increasing use of thermal energy storage in smart cities and smart buildings will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.
Thermal Energy Storage Market: Increasing Use of Thermal Energy Storage in Smart Cities and Smart Buildings
The increasing use of thermal energy storage in smart cities and smart buildings is one of the significant thermal energy storage market trends that will impact the growth of the market across the globe. Market experts predict that the dependence on fuel-based energy is expected to be eliminated with the concept of smart cities. The need for peak load electricity distribution demand will lead to the adoption of thermal energy storage systems. The demand charges can be reduced significantly from on-peak to off-peak rates by using cooling technologies such as PCM. With growing applications and cost-efficient solutions, thermal energy storage is becoming an essential component for smart cities. As a result of such factors, the thermal energy storage market will grow during the forecast period.
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Thermal Energy Storage Market: Segmentation Analysis
This market research report segments the thermal energy storage market by Technology (MSES and PCM) and Geography (Europe, North America, APAC, MEA, and South America).
The APAC region led the thermal energy storage market in 2019, followed by North America, Europe, MEA, and South America respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as the rising focus on more reliable sources of energy and traditional sources of energy, such as fossil fuels, moving toward extinction.
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Some of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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CANONSBURG, Pa.--(BUSINESS WIRE)--#ETRN--Equitrans Midstream Corporation (NYSE: ETRN) declared quarterly cash dividends of $0.15 per common share and $0.4873 per share of Series A Perpetual Convertible Preferred Stock for the third quarter 2020. The dividends will be paid on November 13, 2020, to the applicable ETRN shareholders of record at the close of business on November 3, 2020.
About Equitrans Midstream Corporation:
Equitrans Midstream Corporation (ETRN) has a premier asset footprint in the Appalachian Basin and, as the parent company of EQM Midstream Partners, is one of the largest natural gas gatherers in the United States. Through its strategically located assets in the Marcellus and Utica regions, ETRN has an operational focus on gas transmission and storage systems, gas gathering systems, and water services that support natural gas development and production across the Basin. With a rich 135-year history in the energy industry, ETRN was launched as a standalone company in 2018 with the vision to be the premier midstream services provider in North America. ETRN is helping to meet America’s growing need for clean-burning energy, while also providing a rewarding workplace and enriching the communities where its employees live and work.
For more information on Equitrans Midstream Corporation, visit www.equitransmidstream.com; and to learn more about our environmental, social, and governance practices visit ETRN Sustainability Reporting.
Source: Equitrans Midstream Corporation
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LONDON--(BUSINESS WIRE)--#GlobalHighPressureOilandGasSeparatorMarket--The high-pressure oil and gas separator market size is set to grow by USD 134.54 million accelerating at a CAGR of about 1%, during the period spanning over 2020-2024. One of the key factors driving growth is the rise in unconventional oil and gas resources. The successful extraction of shale oil and gas in the US has led to an increase in the global oil and gas supply. The rise in global oil and gas consumption is a significant trend that will further stimulate market growth. Governments and vendors across the world are increasing investments in E&P activities to meet the growing energy demand.
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Parent Market Analysis
Technavio categorizes the global high-pressure oil and gas separator (HPOGS) market as a part of the global oilfield equipment and services within the global oil and gas market. The global oilfield equipment and services market covers products and companies engaged in upstream exploration and production (E&P) operations, production of equipment or service contracts, and is an important manufacturing sector, which caters to the needs of the oil and gas upstream sector. Growth in the oil and gas market will be driven by the increasing global demand for energy.
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High-Pressure Oil and Gas Separator Market: Geographic Segmentation
The report segments the market by geography: APAC, Europe, MEA, North America, and South America. About 30% of the market’s growth will originate from APAC during the forecast period. The growth of the market in this region will be faster than the market growth in other regions. China is a key market for high-pressure oil and gas separators in APAC.
High-Pressure Oil and Gas Separator Market: Segmentation by Vessel Type
The horizontal separators segment was leading the market in 2019. Horizontal separators can handle higher pressures, which makes them more suitable for offshore and deepwater reservoirs. With the rise in offshore and deepwater E&P activities worldwide, the demand for horizontal separators will increase during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the high-pressure oil and gas separator market size.
High-Pressure Oil and Gas Separator Market: Growth Drivers
The market is driven by the rise in unconventional oil and gas resources. Over the years, the global oil and gas industry has witnessed significant growth in the production of unconventional oil and gas resources such as oil sands and shale oil and gas. For instance, the production of shale oil and gas in the US has increased from 3.76 mbpd in 2011 to 7.76 mbpd in 2019. This has increased the number of rigs and related E&P equipment such as high-pressure separators. With rising global demand for oil and gas, the demand for high-pressure separators will increase during the forecast period.
High-Pressure Oil and Gas Separator Market: Challenges to Overcome
High-pressure oil and gas separators are associated with several issues such as the accumulation of emulsified materials, corrosion, paraffin deposition, and improper installation. These issues increase the probability of oil or gas spills as well as the operating costs for pipeline operators.
High-Pressure Oil and Gas Separator Market: Vendor Landscape
This report provides information on revenue, organizational developments, and key go-to-market strategies of several leading high-pressure oil and gas separator companies, including:
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Technavio reports cover the following key research areas:
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SAN DIEGO & CHARLOTTE, N.C.--(BUSINESS WIRE)--EDF Renewables North America (EDFR) and Geenex Solar, LLC (Geenex), today announced the close of an agreement of up to 4.5 gigawatt (GWac) pipeline of solar development assets throughout PJM. The pipeline acquisition brings to EDF Renewables the regional development expertise of Geenex, a leader of utility-scale solar development, while EDFR contributes with its financial and late-stage development expertise from a long-term owner and operator perspective. The transaction will accelerate EDFR growth in the PJM wholesale electricity market to meet the growing demands of corporate and utility customers seeking cost-effective renewable energy sources.
Founded in 2012, Geenex is a skilled developer of greenfield utility-scale solar projects ranging in size from 20 megawatt (MW) to more than 400 MW. The team is experienced in all aspects of project development including site evaluation, land acquisition, facility and interconnection engineering, environmental analysis, as well as federal, state and local permitting. In a relatively short time, Geenex has successfully expanded its business by working with the financial team at New Energy Capital. This has allowed them to triple the number of employees and build a development pipeline that has led to over 1.9 GW of solar development sales prior to this transaction.
“Having an industry leader such as EDFR recognize the strength and value of Geenex-developed projects is quite a testimony to the hard work of the Geenex Solar team,” commented Georg Veit, CEO of Geenex. “Our regional approach has enabled us to build a competitive development pipeline of over 20 projects in the PJM market. We are excited by the opportunity to build out this solar pipeline with a development partner such as EDFR. They share our vision on local engagement and long-term commitment to projects that will provide valuable economic benefits for our landowners and our communities.”`
EDF Renewables was introduced to Geenex through the development and construction of the Pecan and Gutenberg solar projects in 2015. “We were initially impressed with the team’s development expertise and distinguished high quality of solar assets,” said Hanson Wood, Vice President, Strategic Development Initiatives, EDF Renewables. “Their regional approach is particularly attractive as they enter markets early and foster strong and deep relationships with the local community. Geenex, as the largest holder of development assets in PJM market, enables EDF Renewables to expand into over five key states where solar is poised to be a market leading technology.”
Jefferies Financial Group served as exclusive financial advisor to Geenex. “It was a real pleasure working alongside Geenex over the course of the last year to support them in achieving their objective of identifying a partner that could bring to bear complimentary skillsets and capabilities. EDF Renewables stood out as a highly dedicated and thoughtful partner throughout this process despite the challenges associated with COVID-19,” said Georges Arbache, Senior Vice President at Jefferies’ Power, Utilities and Infrastructure practice.
The portfolio of project assets in the transaction exceed 20 solar projects in various stages of development. The first projects expect commercial operation in 2023 with other projects to follow.
About EDF Renewables North America
EDF Renewables North America is a market leading independent power producer and service provider with 35 years of expertise in renewable energy. The Company delivers grid-scale power: wind (onshore and offshore), solar photovoltaic, and storage projects; distributed solutions: solar, solar+storage, EV charging and energy management; and asset optimization: technical, operational, and commercial skills to maximize performance of generating projects. EDF Renewables’ North American portfolio consists of 16 GW of developed projects and 11 GW under service contracts. EDF Renewables is a subsidiary of EDF Renouvelables, the dedicated renewable energy affiliate of the EDF Group. For more information visit: www.edf-re.com. Connect with us on LinkedIn, Facebook and Twitter.
About Geenex Solar
Geenex Solar is a greenfield developer of utility-scale solar projects with a focus on PJM Interconnected projects in the Southeast and Midwest regions of the United States. Geenex is skilled in all aspects of solar project development including site evaluation, real estate procurement, facility and interconnection engineering, environmental analysis, as well as federal, state and local permitting. Geenex Solar’s experienced and community-focused team ensures a solar project’s successful navigation of the development process from its initial stages through to its delivery of clean, reliable power to the grid. Geenex – Simply Solar. Please visit www.geenexsolar.com for more information.
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LONDON--(BUSINESS WIRE)--#GlobalSolarPVBalanceOfSystemsBOSMarket--Technavio has been monitoring the solar pv balance of systems market and it is poised to grow by $ 42.17 bn during 2020-2024, progressing at a CAGR of 16% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Eaton Corp. Plc, Golden Concord Holdings Ltd., Huawei Investment & Holding Co. Ltd., Prysmian Spa, ReneSola Ltd., Schneider Electric SE, SMA Solar Technology AG, Sungrow Power Supply Co. Ltd., and Unirac Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing investments in renewable energy has been instrumental in driving the growth of the market. However, rising competition from other sources of energy might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts
Solar PV Balance Of Systems Market 2020-2024: Segmentation
Solar PV Balance Of Systems Market is segmented as below:
Solar PV Balance Of Systems Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The solar pv balance of systems market report covers the following areas:
This study identifies as one of the prime reasons driving the Solar PV Balance Of Systems Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Solar PV Balance Of Systems Market 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Media & Marketing Executive
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Website: www.technavio.com/
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nuverra Environmental Solutions, Inc. (NYSE American: NES) announced today that it has set December 18, 2020 as the date for the 2020 Annual Meeting of Stockholders (the “Annual Meeting”) and the close of business on October 26, 2020 as the record date for determining the stockholders entitled to vote at the Annual Meeting. A proxy statement containing the meeting details is expected to be available on or before October 30, 2020 to stockholders as of the record date.
About Nuverra
Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. Our services include the delivery, collection, and disposal of solid and liquid materials that are used in and generated by the drilling, completion, and ongoing production of shale oil and natural gas. We provide a suite of solutions to customers who demand safety, environmental compliance and accountability from their service providers. Find additional information about Nuverra in documents filed with the U.S. Securities and Exchange Commission (“SEC”) at http://www.sec.gov.
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Temporary Generation and Line Sectionalizing Devices Reduced Number of Customers Who Needed to be De-energized by Approximately 12,000
40 Community Resource Centers Providing Water, Restrooms, Device Charging and More
PG&E Partnering with Community-Based Organizations to Assist Customers with Medical, Financial, Language and Aging Needs Before, During and After PSPS events
SAN FRANCISCO--(BUSINESS WIRE)--With an ongoing Public Safety Power Shutoff (PSPS) event that could have affected about 53,000 customers, Pacific Gas and Electric Company (PG&E) continued Thursday to focus on safety, monitor the weather, and support our customers recognizing the hardship that a PSPS represents.
Here are some updates on the weather, the event, and how customers are being supported.
Oct. 14-16 Public Safety Power Shutoff
About 53,000 customers in 24 counties were within the original forecasted PSPS footprint. Due to some improving weather conditions and deployment of technology, only about 41,000 were de-energized. This includes 4,000 customers in the Southern Sierra who had been told that they would be de-energized today have now been told that more favorable weather means that they won’t lose power during the PSPS event.
Before the event began, PG&E was able to reduce the impact of the PSPS event by keeping about 12,000 customers energized through temporary and permanent generation, off-grid service, and by using devices that split or sectionalize power lines, which allows more precise de-energization. PG&E’s goal this year is to reduce the number of customers affected by a PSPS event by one-third compared to last year.
In some locations, the severe weather subsided enough during the day for PG&E’s Meteorology team to issue an “all clear,” meaning that electric crews could begin patrols of power lines as the first step toward restoration. Once de-energized for a PSPS event, power lines must be visually inspected to ensure that no wind-driven damage or hazards such as tree limbs entwined in lines exist. Once inspected, the lines can be energized, restoring service to customers. As of 6 p.m. today, PG&E restored about 8,000 customers who had been de-energized for this event with an expectation that another 2,000 customers could be restored tonight.
PG&E expects that the “all clear” will be issued in all remaining areas of the PSPS footprint Friday morning, which means more than 1,000 PG&E employees will be on the ground or in more than 40 helicopters to conduct line patrols and restore customers. The majority of customers affected by this PSPS event are expected to be restored by late Friday.
Community Resource Centers
To support our customers during this PSPS event, PG&E opened 40 Community Resource Centers (CRCs) that operate from 8 a.m. to 10 p.m. throughout the event. These temporary CRCs will be open to customers when power is out at their homes and will provide ADA-accessible restrooms, hand-washing stations, medical-equipment charging, Wi-Fi, bottled water, grab-and-go bags, and non-perishable snacks.
Many of these CRCs opened Wednesday afternoon and all were open on Thursday. As of this afternoon, about 1,500 customers visited a CRC.
PG&E updates its CRC locations regularly. Click here for updates.
Support for Customers with Medical Needs
PG&E is also partnering with 47 community-based organizations (CBOs) to assist customers with medical, financial, language, and aging needs before, during, and after PSPS events. These activities include:
Details about these resources are at our website at pge.com/disabilityandaging
Also, as of Oct. 14, PG&E provided a total of 1,244 portable batteries to customers to support backup power, including:
During this Oct. 14-16 PSPS event, PG&E’s partners have engaged proactively or reactively with nearly 2,400 individuals. Through Thursday afternoon, 119 customers have used batteries provided by the CFILC and 34 hotel stays have been coordinated.
Here’s Where to Go to Learn More
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 20,000 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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