Business Wire News

WASHINGTON--(BUSINESS WIRE)--The Propane Education & Research Council (PERC) launched a new identity for propane that signals a seismic change in how to view this reliable energy source.


The new brand, PROPANE Energy for Everyone™, highlights propane’s role in ensuring energy equity and reducing carbon emissions.

“Americans are beginning to appreciate the value of propane in a wider energy mix after seeing the vulnerabilities of the electric grid in Texas and California and around the country,” says PERC President and CEO Tucker Perkins. “Propane is clean, affordable, and available right now. Unlike the electric grid, it does not require trillions of dollars in infrastructure investment that will create a burden on those who can least afford it. Propane offers solutions for climate, health, and equity.”

The PROPANE Energy for Everyone™ brand was created by PERC’s newly selected creative agency of record, Elevation Advertising, after a competitive review. It is rolling out to propane industry partners in anticipation of consumer and market-specific campaigns this fall.

“As we familiarized ourselves with the energy sector as part of the competitive review, we realized that propane has a remarkable story that’s not being told,” says Elevation’s co-founder and executive creative director, Aaron Dotson. “Propane is part of a clean energy mix that complements other renewable systems to help reduce carbon emissions today, right now. With the national energy conversation shifting more toward sustainable solutions every day, it’s the perfect time to share propane’s story.”

The PROPANE Energy for Everyone™ brand was the top performer in testing with homeowners, business owners, energy influencers, and propane professionals. Millions of Americans use propane for heat, hot water, cooking, and power generation at home and at work. It is also a popular fuel for school buses, emergency first-responder equipment, high-end restaurants, remote farms, and countless other applications.

“That’s why propane is energy for everyone,” adds Dotson. “Because everyone deserves access to energy. Everyone.”

“The Pro-Energy Icon that forms part of the logo is designed to recall the many users and uses of propane,” Dotson says. “But it’s also calling to mind a stylized landscape of the cleaner world it’s helping to create.”

The new brand platform is being introduced to national propane providers and state associations with video, direct mail, and marketing collateral that they can use to communicate the benefits of propane to their customers.

“The many propane industry volunteers who helped us choose a new agency and develop the new brand proved themselves to be extremely strategic thinkers,” says Erin Hatcher, senior vice president of marketing and communications at PERC. “With their help, Elevation accomplished an incredible amount of thoughtful work in a short amount of time. We’re excited to be forming this partnership as we continue to educate people about the many benefits of clean propane, the energy for everyone.”

Propane Education & Research Council (PERC)
Authorized by the U.S. Congress in 1996, PERC is a Washington, D.C.-based not-for-profit charged with leading propane safety and training programs. With collaboration and funds from the propane industry, the organization also invests in research and innovation for propane applications in the transportation, agriculture, power, residential, and commercial construction sectors.


Contacts

Erin Hatcher
804-814-1235
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WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today announced that it will issue a press release containing its second quarter 2021 financial results after the Nasdaq closes on Monday, August 2, 2021. On Tuesday, August 3, 2021 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results.


The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through Tuesday, August 10, 2021. To hear the replay, dial (412) 317-0088. The replay pass code is 10157606.

A live audio webcast of the conference call will also be available in a listen-only mode on the company's website, which is located at www.ta-petro.com. Participants who want to access the webcast should visit the company's website about five minutes before the call. The archived webcast will be available for replay on the company's website after the call.

About TravelCenters of America Inc.:

TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its more than 20,000 employees serve customers in over 270 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, convenience stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and 9 proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.


Contacts

Kristin Brown, Director, Investor Relations
(617) 796-8251

Other COVID-19 Emergency Customer Protections Have Ended, With Changes to be Rolled Out in Phases

SAN FRANCISCO--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) announced today that it will extend the moratorium on utility service disconnections through September 30, 2021. The moratorium was put in place in March 2020 by the California Public Utilities Commission (CPUC).

“We believe extending the service disconnection moratorium for all customers allows for additional relief efforts from the state to take shape while protecting our customers who are financially struggling,” said Marlene Santos, PG&E Executive Vice President and Chief Customer Officer.

As part of the company’s ongoing efforts to help customers manage their bills, PG&E will auto-enroll eligible customers in new extended payment plans by the end of September to coincide with the potential ending of the moratorium.

Additional Changes to COVID-19 Emergency Customer Protections

While the moratorium has been extended, other emergency customer protections put in place by the CPUC during the pandemic have expired.

Recertifications and Post-Enrollment Verifications for the California Alternate Rates for Energy (CARE) and Family Electric Rate Assistance (FERA) programs have resumed.

  • CARE/FERA customers whose program eligibility would have expired between March 4, 2020 and June 30, 2021 will be required to re-certify. Customers whose program eligibility expired on or after July 1, 2021 will be required to recertify within 90 days.
  • The earliest a customer may be removed from CARE/FERA is October 1, 2021 after a series of direct mail and targeted email communications.

PG&E has helped almost 300,000 residential customers enroll in CARE since February 2020 providing income-qualified customers with a monthly discount.

In addition, Medical Practitioner Certifications for the Medical Baseline Program have resumed.

  • Active Medical Baseline customers who have enrolled in the program under the consumer protections and customers with non-permanent medical conditions as designated by their medical practitioners will be required to recertify for their continued eligibility. PG&E will proactively communicate with Medical Baseline customers and remind them of their upcoming recertifications.
  • The transition coincides with the launch of PG&E’s new online Medical Baseline medical practitioner portal. This new portal will allow customers and their medical practitioners to complete the Medical Baseline certification/recertification process fully online. The new online application is accessible at pge.com/medicalbaseline.

In 2020, 192,000 customers were enrolled in PG&E’s Medical Baseline Program. As of June 2021, there are more than 256,000 PG&E residential customers signed up for Medical Baseline.

PG&E has proactively reached out to almost 400,000 impacted customers since the start of the pandemic and continues to partner with local Community Based Organizations to support customers.

PG&E is dedicated to helping customers as the company slowly moves back to more normal billing operations later this year. For more information log onto pge.com/covid19. We are here to help.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.


Contacts

MEDIA RELATIONS:
415-973-5930

TAMPA, Fla.--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (the “Company” or “OSG”) (NYSE: OSG), a public company focused on providing energy transportation services for crude oil and petroleum products primarily in the U.S. Jones Act market, announced today that, following receipt by the Company of a non-binding indication of interest to acquire all of the issued and outstanding shares of common stock of the Company for a price of $3.00 per share, OSG’s Board of Directors has commenced a strategic process to explore, review and evaluate a range of strategic alternatives available to the Company to enhance shareholder value, including the non-binding indication of interest.


The strategic process will be led by a newly formed special transaction committee of independent directors, and is fully supported by the Board of Directors and the Company's management team. The special transaction committee has engaged Evercore as its financial advisor and Ropes & Gray LLP as its legal advisor to assist the special transaction committee in evaluating strategic alternatives. The strategic alternatives to be explored in connection with the strategic process could include, among other things, a sale of all or part of the Company, a merger or other business combination with another party, or remaining a public company and continuing to execute on management’s long-term business plan.

The Company’s Board of Directors has not set a timetable for the strategic process, nor has it made any decisions related to strategic alternatives, including with respect to the non-binding indication of interest. There can be no assurance that the exploration of strategic alternatives will result in a sale of the Company, or in any other strategic change or outcome. The Company’s current intention is not to disclose developments with respect to the strategic process unless and until the Board has approved a specific course of action, on the recommendation of the special transaction committee, or otherwise determines that disclosure is necessary or appropriate.

About Overseas Shipholding Group, Inc.

Overseas Shipholding Group, Inc. (NYSE: OSG) is a publicly traded company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets. OSG is a major operator of tankers and ATBs in the Jones Act industry. OSG’s 22 vessel U.S. Flag fleet consists of three crude oil tankers doing business in Alaska, two conventional ATBs, two lightering ATBs, three shuttle tankers, ten MR tankers, and two non-Jones Act MR tankers that participate in the U.S. Maritime Security Program. OSG also currently owns and operates one Marshall Islands flagged MR tanker which trades internationally.

OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world’s most customer-focused marine transportation companies and is headquartered in Tampa, FL. More information is available at www.osg.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts should be considered forward-looking statements. Words such as “may”, “will”, “should”, “would”, “could”, “appears”, “believe”, “intends”, “expects”, “estimates”, “targeted”, “plans”, “anticipates”, “goal”, and similar expressions are intended to identify forward-looking statements but should not be considered as the only means by which these statements may be made. Such forward-looking statements represent the Company’s reasonable expectations with respect to future events or circumstances based on various factors and are subject to various risks, uncertainties, and assumptions relating to the Company’s operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors, many of which are beyond the control of the Company, that could cause the Company’s actual results or outcomes, or the timing of certain events, to differ materially from the expectations expressed or implied in these statements, including as a result of the uncertainty associated with being able to identify, evaluate and complete any strategic transaction or alternative, the impact of the announcement of the special transaction committee’s review of strategic alternatives, as well as any strategic transaction or alternative that may be pursued, on the Company’s business, including its financial and operating results and its employees. Undue reliance should not be placed on any forward-looking statements and, when reviewing any forward-looking statements, consideration should be given to factors including, but not limited to, those factors discussed in the Company’s Annual Report on Form 10-K, filed with the SEC on April 1, 2021, and those factors discussed in the Company’s Quarterly Report on Form 10-Q, filed with the SEC on May 7, 2021. Investors should carefully consider these risk factors and the additional risk factors outlined in other reports hereafter filed by the Company with the SEC under the caption “Risk Factors.” The Company assumes no obligation to update or revise any forward-looking statements except as may be required by law. Forward-looking statements in this press release and written and oral forward-looking statements attributable to the Company or its representatives after the date of this press release are qualified in their entirety by the cautionary statement contained in this paragraph and in other reports hereafter filed by the Company with the SEC.


Contacts

Investor Relations & Media Contact:
Susan Allan, Overseas Shipholding Group, Inc.
(813) 209-0620
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DUBLIN--(BUSINESS WIRE)--The "Flare Monitoring Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.


The flare monitoring market is expected to grow at a CAGR of 8% during the forecast period, 2021 - 2026.

Companies Mentioned

  • ABB Ltd.
  • Siemens AG
  • FLIR Systems
  • Honeywell International Inc.
  • Emerson Electric Co.
  • Thermo Fisher Scientific
  • Zeeco Inc
  • Ametek Inc.
  • MKS Instruments Inc.
  • Endress+Hauser
  • Williamson Corporation
  • Lumasense Technologies Inc.
  • Fluenta
  • Eaton Hernis Scan Systems
  • John Zink Company LLC
  • Oleumtech Corporation
  • Providence Photonics LLC

Key Market Trends

Oil & Gas Industry to Account for Maximum Share

  • The growing strictness from regional, national, and international environmental jurisdictions to reduce emissions of harmful VOCs and other pollutants right from the extraction to production of oil and gas is expected to boost the demand for flare monitoring systems across upstream, i.e., both onshore as well as offshore oil and gas production sites in the near future.
  • With the increasing demand for crude oil in different industries such as transportation, industrial activities, and electric power drives the need for more upstream activities which in return will create a demand for flare monitoring market.
  • Moreover, the flare monitoring system is capable of automatic generation of the signal, and flare size tracking, so that the hazard can be avoided. Hence the flare monitoring market is gaining the pace across Oil & Gas Industry.
  • The United States is the largest market for oil and gas in North America. The country's newfound shale resources and government policies that aim at making the country the top oil and gas producer in the next few years is expected to drive the demand for flare monitoring market in the oil and gas industry.

North America To Account for Largest Market Share

  • North America dominates global flare monitoring market, backed by growing government regulations to address poisonous and combustible gases coming out from industries.The growth of the market is driven by the growing number of drilling activities and shale gas exploration, coupled with the growing focus on emission reduction from upstream activities.
  • Moreover, a strong requirement for the installation of flare monitoring devices imposed by federal, state, and local agencies are further expected to drive the flare monitoring market growth in North America.
  • Further, according to the U.S. Energy Information Administration, the United States will become a net energy exporter in 2020 and will remain so throughout the projection period as a result of large increases in crude oil, natural gas, and natural gas plant liquids (NGPL) production coupled with slow growth in U.S. energy consumption. This is fueling the market growth in the region.
  • North America is expected to capture the significant share in the field of the flare monitoring systems during the forecast period due to increase in the industrialization and power plants in the North American countries, such as US and Canada. Furthermore, the rapid growth in the chemical and petrochemical industries is ultimately fueling the growth of the flare monitoring market in the region.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Stringent Government Environmental Regulations Related to Industrial Gas Emission

4.2.2 Expansion of Oil, Gas, and Petrochemicals Industries

4.3 Market Restraints

4.3.1 Initiative of Zero Routine Flaring by 2030

4.4 Industry Value Chain Analysis

4.5 Industry Attractiveness - Porter's Five Forces Analysis

4.6 Assessment of Impact of Covid-19 on the Flare Monitoring Market

5 MARKET SEGMENTATION

5.1 Mounting Method

5.1.1 In-process mounting

5.1.1.1 Gas Analyzer

5.1.1.2 Calorimeter

5.1.1.3 Mass Spectrometer

5.1.1.4 Gas Chromatograph

5.1.2 Remote Mounting

5.1.2.1 Multi Spectrum Infrared (MSIR)

5.1.2.2 Thermal Imager (IR)

5.1.2.3 Others

5.2 End-User

5.2.1 Refinery

5.2.2 Landfill

5.2.3 Petrochemical

5.2.4 Oil & Gas

5.2.5 Other End Users

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia-Pacific

5.3.4 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/11sbbz


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2682 per share, payable Sept. 1, 2021 to all shareholders of record on Aug. 13, 2021.


The Sept. 2021 dividend will represent a 7% increase compared to the $0.2507 cash dividend the company paid in June of this year. This marks the 31st dividend increase in the past 30 years, and the company has paid a consecutive quarterly cash dividend for more than 75 years. Following the increase, the annualized dividend rate will be $1.0728 per share. The company’s targeted dividend payout ratio continues to be 60 to 65% of net income.

We are proud of our commitment to providing safe and reliable access to natural resources while continuing our long history of paying consistent and growing dividends,” said Essential Chairman and CEO Christopher Franklin. “Our focus on operational excellence, investment in infrastructure, protecting the environment, serving our customers and delivering value to our shareholders is evidenced by this increase, which marks 30 consecutive years of dividend growth.”

About Essential

Essential is one of the largest publicly traded water, wastewater and natural gas providers in the U.S., serving approximately 5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves. For more information, visit http://www.essential.co.

Forward-looking statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others: the company’s long-term targeted payout ratio. There are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements including: disruptions in the global economy, the spread of the COVID-19 virus resulting in business disruptions, the continuation of the company's growth-through-acquisition program; the company’s continued ability to adapt itself for the future and build value by fully optimizing company assets; general economic business conditions; the company’s ability to fund needed infrastructure; housing and customer growth trends; unfavorable weather conditions; the success of certain cost-containment initiatives; changes in regulations or regulatory treatment; availability and access to capital; the cost of capital; disruptions in the credit markets; the success of growth initiatives; the company’s ability to successfully close municipally owned systems presently under agreement; the company’s ability to continue to deliver strong results; the company’s ability to continue to pay its dividend, add shareholder value and grow earnings; municipalities’ willingness to privatize their water and/or wastewater utilities; the company’s ability to control expenses and create and maintain efficiencies; the company’s ability to acquire municipally owned water and wastewater systems listed in its “pipeline”; and other factors discussed in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q, which are filed with the Securities and Exchange Commission. For more information regarding risks and uncertainties associated with Essential's business, please refer to Essential's annual, quarterly and other SEC filings. Essential is not under any obligation - and expressly disclaims any such obligation - to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

WTRGF


Contacts

Brian Dingerdissen
Essential Utilities Inc.
Investor Relations
O: 610.645.1191
This email address is being protected from spambots. You need JavaScript enabled to view it.

Erin O’Donnell
Communications
O: 412.266.2446
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DUBLIN--(BUSINESS WIRE)--The "Mobile Water Treatment Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.


The global mobile water treatment market is evaluated at US$1.548 billion for the year 2019 and is projected to grow at a CAGR of 12.83% to reach a market size of US$3.604 billion by the year 2026.

Companies Mentioned

  • Veolia Water Technologies
  • GE Water
  • Evoqua Water Technologies LLC
  • SUEZ Water
  • Pall Corporation
  • Organo Corporation
  • Degremont
  • Ramky Enviro Engineers Limited
  • Ecolutia Services

The mobile water treatment technology provides the customer with a line of containerized mobile membrane plants that provide quick and reliable water and wastewater treatment solutions. In mobile water treatment services, water is purified by a system that is mostly mounted on an extended vehicle and which is then transported to a remote site. This technique is employed in various industries like chemical processing, oil & gas, mining which are smitten by a water source for end use application. Mobile water treatment services can provide pure water in a fast and cost-effective manner. Considering the expansion of the industries there is extended demand for mobile water treatment services.

Mobile water treatment solutions are used when the services of water supply are disrupted temporarily to achieve a consistent supply of safe drinking water. The mobile treatment solutions can produce purified water from any natural water source such as brackish water, surface water, seawater, pond, or river. The primary factor responsible for the growth of the global mobile water treatment market is increasing instances of water contamination throughout the globe. Moreover, the shortage of water in dry areas and the depletion of freshwater resources are also impacting the global market growth significantly. However, the cost factors involved in the fabrication process, as well as the implementation process of mobile water treatment solutions, may impair the market growth. Geographically, Asia Pacific regions with their huge population countries like China and India are expected to drive the global mobile water treatment systems market on account of increased awareness of water pollution and affordable financing options. The governments of the countries in the region are making several attempts to develop standards and codes for wastewater and mobile water treatment solutions.

The mobile treatment solutions can produce purified water from any natural water source such as brackish water, surface water, seawater, pond, or river. The primary factor responsible for the growth of the global mobile water treatment market is increasing instances of water contamination throughout the globe. Moreover, the shortage of water in dry areas and the depletion of freshwater resources are also impacting the global market growth significantly. However, the cost factors involved in the fabrication process, as well as the implementation process of mobile water treatment solutions, may impair the market growth.

Rising demand for clean water due to rapid urbanization and industrialization, coupled with diminishing freshwater resources, is anticipated to propel the product demand over the forecast period. Rising environmental concerns, coupled with the necessity to comply with the stringent government regulations about water & wastewater treatment across the globe, are likely to boost the market growth. Moreover, increasing investments in wastewater treatment facilities are anticipated to drive market growth.

Rising mergers and acquisitions to encourage the wastewater treatment adoption at a global level will drive the market during the forecast period.

Increasing demand coming from the Asia Pacific will be a tailwind to the growth of the market during the forecast period.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Mobile water treatment market Analysis, by Product type

5.1. Introduction

5.2. Resin Mobile Water Treatment

5.3. Membrane Mobile Water Treatment

5.4. Filtration Mobile Water Treatment

5.5. Others

6. Mobile water treatment market Analysis, by End users

6.1. Introduction

6.2. Municipal

6.3. Construction

6.4. Chemical

6.5. Agriculture

6.6. Others

7. Mobile water treatment market Analysis, by Geography

7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. UK

7.4.4. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. India

7.6.3. Japan

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indonesia

7.6.8. Others

8. Competitive Environment and Analysis

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. Company Profiles

9.1. Veolia Water Technologies

9.2. GE Water

9.3. Evoqua Water Technologies LLC

9.4. SUEZ Water

9.5. Pall Corporation

9.6. Organo Corporation

9.7. Degremont

9.8. Ramky Enviro Engineers Limited

9.9. Ecolutia Services

For more information about this report visit https://www.researchandmarkets.com/r/nclpup


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

  • BTCetc – ETC Group Physical Bitcoin (BTCE) will be the first Bitcoin exchange traded product (ETP) to offset its carbon footprint
  • ETC Group will fund a number of projects to offset all of its bitcoin-related Scope 3 emissions
  • BTCE continues to be Europe’s most heavily traded physically-backed Bitcoin ETP

LONDON--(BUSINESS WIRE)--ETC Group has today announced that its leading crypto ETP BTCetc - ETC Group Physical Bitcoin (BTCE) will be the first Bitcoin ETP to go carbon neutral. ETC Group will offset the carbon footprint of BTCE, its flagship Bitcoin ETP, with hand-selected, high quality carbon credits, compensating for the CO2e1 emissions associated with BTCE Bitcoin mining and transaction activities. These carbon credits will support projects curated and managed by some of the most respected climate and conservation groups in the world.



This latest innovation follows a series of other world firsts. BTCE rose to prominence when it became the first crypto ETP approved by the German regulator BaFin, and the world’s first centrally cleared crypto exchange traded product when it listed on Germany’s Deutsche Börse XETRA exchange in June 20202. BTCE is Europe’s most heavily traded physically backed Bitcoin ETP3.

ETC Group’s co-founder and CEO, Bradley Duke, said “Companies benefiting from cryptocurrencies like bitcoin are right to take meaningful steps to address climate concerns. We are pleased to see that bitcoin miners are increasingly sourcing renewable electricity, but we at ETC Group feel it’s important to do more and act now. That’s why we have launched our initiative to calculate our bitcoin product’s carbon footprint, and offset it with high quality projects curated and monitored by some of the world’s most respected climate action companies.”

ETC Group will fund nature-based, carbon sequestration and renewable energy projects to offset all of its bitcoin-related Scope 3 emissions since the launch of BTCE, and will continue to do so on a quarterly basis. ETC Group also announced that it will join the Crypto Climate Accord, a group that actively seeks to move the entire crypto sector towards low carbon mining and operations, and net zero by 2040.

For more information on the initiative visit www.etc-group.com or contact us at This email address is being protected from spambots. You need JavaScript enabled to view it.

Cryptocurrencies are highly volatile and your capital is at risk: https://etc-group.com/resources/disclaimer/etc_group_disclaimer.pdf

- ENDS -

About ETC Group

ETC Group ( www.etc-group.com ) is specialized in developing innovative digital asset-backed securities and is backed by a number of major London-based financial institutions. Shareholders include firms such as XTX Ventures, the venture capital arm of electronic market-making firm XTX Markets. ETC Group’s securities are marketed by HANetf.


1Carbon dioxide equivalent” or “CO2e” is a term for describing different greenhouse gases in a common unit. For any quantity and type of greenhouse gas, CO2e signifies the amount of CO2 which would have the equivalent global warming impact.
2https://www.xetra.com/xetra-en/newsroom/press-releases/list-press-releases/World-s-first-centrally-cleared-Bitcoin-ETN-launched-on-Xetra-2062116
3https://www.boerse-frankfurt.de/en/etfs | https://www.hanetf.com/article/740/btcetc-etc-group-physical-bitcoin-btce-is-leading-european-bitcoin-exchange-traded-product-with-45966-million-inflows-in-q1-2021


Contacts

Paul Cockerton
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

GUANGZHOU, China--(BUSINESS WIRE)--Recently, "R&D and Industrialization of Holographic Energy Saving System, an environmentally-friendly automobile energy saving balance system", sponsored by China High-tech Industrialization Research Association and applied by Guangzhou Future New Energy Technology Co., Ltd., has successfully passed the evaluation of national scientific and technological achievements with its leading technical level.

According to Du Junhua, Chairman of Guangzhou Future New Energy Technology Co., Ltd., the energy-saving balance system of environment-friendly automobile consists of four parts: energy-saving chip, energy-saving earthworm, energy network and Hologhraphic liquid water. It is installed on the automobile without changing the original circuit of the automobile and replacing any parts in the automobile. It can also improve many performances of the automobile synchronously and orderly, and reduce the carbonization reaction caused by insufficient combustion, so that the automobile can achieve the effect of energy saving and environmental protection under orderly balance. Tested by the National Automobile Quality Supervision and Inspection Center, the system not only meets the standard requirements of exhaust pollutant emission for multi-purpose passenger cars starting at normal temperature, but also has obvious effects on fuel consumption and carbon dioxide emission of light vehicles.

The evaluation committee considers that the technology has independent intellectual property rights and the technical level reaches the domestic leading level. It has important significance and significant economic and social benefits, and has broad application prospects. Therefore, the evaluation committee unanimously agreed that it passed the evaluation of scientific and technological achievements.

The project of "Environmentally friendly automotive energy-saving balance system - the development and industrialization of holographic energy-saving system" has successfully passed the evaluation of scientific and technological achievements, which has laid a solid foundation for Guangzhou Future New Energy Technology Co., Ltd. to enhance the core competitiveness of scientific and technological innovation and achieve sustainable development, which marked a new breakthrough in China's automotive energy saving technology field and would greatly promote the energy saving and intelligent development of the global automotive industry.


Contacts

Guangzhou Future New Energy Technology Co., Ltd.
Du Junhua
This email address is being protected from spambots. You need JavaScript enabled to view it.
+86-18589213168

DUBLIN--(BUSINESS WIRE)--The "Electric Vehicles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.


The global electric vehicles market reached a volume of 2.45 Million Units in 2020. Looking forward, the publisher expects the global electric vehicles market to grow at a CAGR of around 47% during the forecast period (2021-2026).

An electrical vehicle (EV) is a self-propelling automobile that is used for transporting passengers and goods. It can be charged by self-charging devices, including turbochargers and regenerative braking systems that can convert the kinetic energy into electrical energy or can be powered by a large traction battery pack present at charging stations. Battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) are the most common types of EVs available in the market. In comparison to the traditionally used automobiles, EVs do not emit tailpipe emissions, reduce the dependency on oil and are more economical to operate.

The increasing demand for fuel-efficient automobiles across the globe is one of the key factors driving the growth of the market. Furthermore, growing concerns regarding the detrimental environmental effects due to greenhouse gases (GHGs) emissions, along with the implementation of favorable government policies encouraging sustainable development, are also providing a boost to the market growth. For instance, various benefits, including tax exemptions, subsidies, low buying costs and free charging facilities, are some of the government privileges offered to those utilizing EVs, thus encouraging their overall adoption rates. Additionally, manufacturers are focusing on the development of advanced technologies to produce zero- and low-emission vehicles with improved fuel efficiency and soundless operations. Also, enhancements in the EV charging infrastructure are leading to more investments in utilities, charging hardware manufacturers and other power sector stakeholders. Other factors, including rapid urbanization, increasing disposable incomes and extensive research and development (R&D) activities, are projected to drive the market further.

The publisher's latest report provides a deep insight into the global electric vehicles market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the electric vehicles industry in any manner.

Companies Mentioned

  • Bayerische Motoren Werke AG
  • BYD Auto
  • Chery
  • Daimler AG
  • Ford Motor Company
  • Geely
  • General Motors
  • Honda Motor Company
  • Hyundai Motor Company
  • Nissan
  • Renault
  • SAIC Motor
  • Tesla Inc. Toyota Motor Corporation
  • Volkswagen

Key Questions Answered in This Report:

  • How has the global electric vehicles market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global electric vehicles market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the charging type?
  • What is the breakup of the market based on the propulsion type?
  • What is the breakup of the market based on the vehicle type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global electric vehicles market and who are the key players?
  • What is the degree of competition in the market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Electric Vehicles Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Component

6.1 Battery Cells & Packs

6.1.1 Market Trends

6.1.2 Market Forecast

6.2 On-Board Charger

6.2.1 Market Trends

6.2.2 Market Forecast

6.3 Fuel Stack

6.3.1 Market Trends

6.3.2 Market Forecast

7 Market Breakup by Charging Type

7.1 Slow Charging

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Fast Charging

7.2.1 Market Trends

7.2.2 Market Forecast

8 Market Breakup by Propulsion Type

9 Market Breakup by Vehicle Type

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

15.1 Market Structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/dtkhwo


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T. Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2021 second-quarter financial results before the U.S. financial markets open on Thursday, Aug. 5, 2021.


That same day at noon ET (9 a.m. Arizona time), management will host a live webcast and conference call to discuss financial results and recent developments.

To access the live session:

To access the replay:

  • Visit www.pinnaclewest.com/presentations within 30 days for the webcast recording.
  • An audio recording will be available by phone until 11:59 p.m. ET Thursday, Aug. 12, 2021, by calling (877) 481-4010 in the U.S. and Canada or (919) 882-2331 internationally and entering replay passcode 41816.

Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of approximately $20 billion, about 6,300 megawatts of generating capacity and more than 6,000 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to more than 1.3 million Arizona homes and businesses. For more information about Pinnacle West, visit the company’s website at pinnaclewest.com.


Contacts

Media Contact: Alan Bunnell (602) 250-3376
Analyst Contact: Stefanie Layton (602) 250-4541
Website: pinnaclewest.com

Helping Customers Stay Safe this Independence Day as COVID-19 Restrictions are Lifted

SAN FRANCISCO--(BUSINESS WIRE)--This Fourth of July brings the first major holiday since California officials lifted guidelines related to COVID-19, and that means many more residents will celebrate the country’s independence with friends, family, and neighbors.

While Pacific Gas and Electric Company (PG&E) welcomes the return to holiday gatherings, the company urges its customers to put safety first and stay alert to potential dangers. Celebrations that involve fireworks, barbeques and swimming can increase the risk of fires, electric hazards, heat-related illnesses, and other perils. PG&E strongly recommends that citizens follow the local rules and regulations regarding fireworks.

The safety of our customers and communities is our most important responsibility, and that’s why PG&E is offering important reminders to help customers stay safe this Independence Day and throughout the summer:

Electric Safety

  • The safest way to enjoy fireworks is to attend a public fireworks show put on by professionals.
  • First and foremost, know what the local regulations allow. Be aware of surroundings — stay clear of power lines, structures, dry grass, or flammable materials when using legally purchased fireworks in areas approved by local regulations.
  • If a firework strikes electric equipment or causes a power line to come down, stay away, keep others away and immediately call 9-1-1 and PG&E at 1-800-743-5000.
  • Always assume downed electric lines are energized and extremely dangerous. Never attempt to retrieve anything that is tangled in or near a power line.

Summer Safety

  • Make sure everyone has proper skills to swim. Keep an eye on young children and check flotation devices for leaks.
  • Every child under 13 must wear a Coast Guard-approved life jacket when on a moving vessel that is 26 feet or less in length.
  • Don't dive or jump into unfamiliar water. Shallow water or submerged trees or rocks could cause serious injury.
  • Don't swim or play near a dam or powerhouse; these areas can have strong underwater currents, sudden water discharges, slippery surfaces and submerged hazards.
  • Never use generators, propane heaters, barbeques or charcoal indoors due to carbon monoxide risks.

Heat Safety

  • Limit exposure to direct sunlight. Reapply sunscreen often.
  • Drink plenty of water and avoid alcohol or caffeine when temperatures are high.
  • During hot weather, watch for signs of heat stroke — hot, red skin; changes in consciousness; rapid, weak pulse; or rapid, shallow breathing. If you suspect someone is suffering from heat stroke, call 9-1-1 and move the person to a cooler place. Use cold towels to help lower their body temperature until help arrives.

PG&E reminds customers to update their contact information at pge.com/mywildfirealerts so that we can provide up-to-the-minute safety and service information.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.


Contacts

MEDIA RELATIONS:
415-973-5930

DALLAS--(BUSINESS WIRE)--Atmos Energy Corporation (NYSE: ATO) today announced that John McDill has been promoted to senior vice president of utility operations effective October 1, 2021. In his new role, McDill will be responsible for the operations of Atmos Energy’s six utility divisions in eight states, as well as gas supply.

“John has broad experience in safety, engineering, and operations and currently serves as VP of Pipeline Safety. He will lead our utility divisions and gas supply team with the same passion and focus on safety and reliability that today supports our vision of being the safest provider of natural gas services,” said Kevin Akers, President and CEO of Atmos Energy Corporation.

McDill has been with Atmos Energy for 34 years, working first as an engineer and then in operations. He served as Vice President of Operations for Atmos Energy’s Mississippi Division for 10 years before assuming his current role as corporate VP Pipeline Safety in 2012. McDill earned a Bachelor of Science degree in petroleum engineering from Mississippi State University.

McDill will succeed David Park who announced his intention to step down from his position effective October 1, 2021, to pursue graduate work and ministry full-time. “David has dedicated more than 27 years to Atmos Energy. Our senior leadership team and all 4,700 employees are indebted to his passion for our vision and the communities that we serve. We are grateful for his service and now offer our full support and friendship as he leaves the Company to answer this important call to serve,” said Akers.

We will name McDill’s successor at a later date.

About Atmos Energy

Atmos Energy Corporation, an S&P 500 company headquartered in Dallas, is the country’s largest natural gas-only distributor. We safely deliver reliable, affordable, efficient and abundant natural gas to more than 3 million distribution customers in over 1,400 communities across eight states located primarily in the South. As part of our vision to be the safest provider of natural gas services, we are modernizing our business and infrastructure while continuing to invest in safety, innovation, environmental sustainability and our communities. Atmos Energy manages proprietary pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Find us online at http://www.atmosenergy.com, Facebook, Twitter, Instagram and YouTube.


Contacts

Analysts and Media Contact:
Daniel M. Meziere (972) 855-3729

DUBLIN--(BUSINESS WIRE)--The "Flow Battery Market with COVID-19 Impact, by Type (Redox Flow Battery, Hybrid Flow Battery), Material, Storage (Compact and Large scale), Application (Utilities, Commercial & Industrial, EV Charging Station), and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.


The global flow battery market size is expected to grow from USD 214 million in 2021 to USD 489 million by 2026, at a CAGR of 18.0%.

The growth of this market is mainly driven by the inherent advantages of flow batteries, increasing investments in renewable energy, high demand for flow batteries in utilities, and an increase in telecommunication tower installations. However, factors such as the requirement of high initial investment for manufacturing of flow batteries, technical drawbacks and low charge and discharge rates, and lack of proper standards for the development of flow battery systems are restraining the market growth.

Redox flow battery to dominate the flow battery market in 2020.

The market for the redox flow battery held the largest share in 2020 and is estimated to remain the same during the forecast period. The growth of the segment is attributed to the capabilities of these batteries that help to meet the need for power backup. These batteries are economical and convenient sources to store electrical energy at a grid-scale and various other applications.

Utilities applications dominated the flow battery market in 2020.

The market for utilities application is dominant in 2020 and is estimated to continue its dominance over the forecast period. The adoption of flow batteries is increasing in utilities attributed to the growing need for electrification. Besides, the growing use of renewable energy across grids has, in turn, increased the need for efficient, flexible, and long operating life energy storage solutions. A flow battery, with all its attractive features, has become the most preferred energy storage technology for utility-based storage as large-scale utilities require technologies that can cost-effectively store renewable energy for future grid use at any location.

Market in APAC to grow at highest CAGR during the forecast period.

The growth of the region is attributed to the increasing demand for flow batteries in major countries such as Japan and Australia. Besides, the growing adoption of energy storage solutions in industrial, utilities, and other applications, rising demand for flow batteries from the grid and microgrid applications in India and China, and increasing number of operational projects with flow battery installations are expected to fuel the growth of the regional market during the forecast period.

Market Dynamics

Drivers

  • Inherent Advantages of Flow Batteries
  • Increasing Investments in Renewable Energy
  • High Demand for Flow Batteries in Utilities
  • Increase in Telecommunication Tower Installations

Restraints

  • Requirement of High Initial Investment for Manufacturing of Flow Batteries
  • Technical Drawbacks and Low Charge and Discharge Rates
  • Lack of Proper Standards for Development of Flow Battery Systems

Opportunities

  • Growing Need for Power Supply Attributed to Increasing Number of Data Centers
  • Increasing Penetration of Flow Batteries in Residential Applications
  • Technological Innovations with Improved Capabilities

Challenges

  • High Competition from Providers of Conventional Batteries
  • Decline in Deployment Rate of Flow Batteries due to COVID-19 Pandemic

Companies Mentioned

  • Cellcube Energy Storage Systems Inc.
  • Dalian Rongke Power Co., Ltd.
  • Elestor
  • ESS, Inc.
  • H2, Inc.
  • Invinity Energy Systems
  • Jenabatteries GmbH
  • Kemiwatt
  • Largo Clean Energy
  • Le System Co., Ltd.
  • Lockheed Martin Corporation
  • Nanoflowcell
  • Primus Power
  • Redflow Limited
  • RFC Power
  • Schmid Group
  • Storen Technologies Inc.
  • Sumitomo Electric Industries, Ltd.
  • Unienergy Technologies
  • V-Flow Tech
  • Vanadis Power GmbH
  • Vizn Energy Systems
  • Volterion
  • Voltstorage GmbH
  • VRB Energy

For more information about this report visit https://www.researchandmarkets.com/r/jpyi67


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Kevin Brackman to join the company on July 2, 2021

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that Kevin Brackman will be joining the Company as its new Chief Financial Officer. He will report to Advent Chairman and CEO Dr. Vasilis Gregoriou.



Mr. Brackman is a highly experienced executive who most recently served as CFO of Myers Industries, a publicly traded corporation with internationally located manufacturing and sales operations in the polymer production sector. Before his promotion to CFO in 2018, he served as Myers’ chief accounting officer and corporate controller. Prior to joining Myers, Mr. Brackman was director of financial planning and analysis, financial reporting and technical accounting at Ingersoll-Rand and previously excelled in a variety of positions at Chiquita Brands International, including assistant corporate controller and controller - North American operations. He is experienced leading in the public company environment and has a track record of developing and improving internal controls and reporting systems across all levels of an organization.

Mr. Brackman stated, “I am excited by the opportunity at Advent and look forward to supporting the Company through the integration of its targeted acquisitions of Serenergy and fischer eco solutions. I plan to leverage the experience I’ve gained over nearly thirty years in accounting and financial reporting to help the Company in its mission to decarbonize the planet through Advent’s innovative fuel cell technology.”

Dr. Vasilis Gregoriou, Advent’s Chairman and CEO, said, “Kevin’s strong background in finance and accounting will be an asset to Advent and he has the expertise to help the Company reach the next stage in its growth. He has a demonstrated history of success, and I am pleased that he has decided to join us in our objective of providing green power across all energy sectors.”

Mr. Brackman replaces Bill Hunter, who had served as CFO of Advent following its merger in February 2021 with AMCI Acquisition Corp., where he was Chief Executive Officer. Mr. Hunter left Advent to pursue other interests and continue his existing board work.

Bill’s efforts were instrumental in Advent making its debut on the public markets, and everyone at the Company wishes him the best of luck in his future endeavors,” said Dr. Gregoriou.

Bill Hunter stated, “I am very proud of the work that the Advent team has done to make the business combination with AMCI Acquisition Corp. a success. With groundbreaking technology and the leadership of Dr. Gregoriou and his team, the future is very bright for the Company going forward.”

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles critical components for fuel cells and advanced energy systems in the renewable energy sector. Advent is headquartered in Boston, Massachusetts, with offices in the San Francisco Bay Area and Europe. With 120-plus patents issued (or pending) for its fuel cell technology, Advent holds the IP for next-generation high-temperature proton exchange membranes (HT-PEM) that enable various fuels to function at high temperatures under extreme conditions – offering a flexible “Any Fuel. Anywhere.” option for the automotive, maritime, aviation, and power generation sectors. For more information, visit www.advent.energy.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to realize the benefits from the business combination; the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance our corporate reputation and brand; expectations concerning our relationships and actions with our technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in our Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on May 20, 2021, as well as the other information we file with the SEC. We caution investors not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of these statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.


Contacts

Advent Technologies Holdings, Inc.
Elisabeth Maragoula
This email address is being protected from spambots. You need JavaScript enabled to view it.

Sloane & Company
James Goldfarb / Emily Mohr
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LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc., (NASDAQ: JBHT) announced today that it expects to issue second quarter 2021 earnings after the market closes on Monday, July 19, 2021. It will hold a conference call from 4:00-5:00 p.m. CT on the same day to discuss the quarterly results and answer questions from the investment community. To participate in the call, dial 1-833-360-0810 (domestic) or 470-495-0976 (international) 15 minutes prior to the start of the call and provide the following conference ID: 9793029.


This press release may contain forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 1A of our Annual Report filed on Form 10-K for the year ended December 31, 2020. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason. This press release and additional information will be available immediately to interested parties on our website, www.jbhunt.com.


Contacts

A. Brad Delco
Vice President – Finance & Investor Relations
(479) 820-2723

DUBLIN--(BUSINESS WIRE)--The "Carbon Capture and Storage Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026" report has been added to ResearchAndMarkets.com's offering.


The report on the global carbon capture and storage market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global carbon capture and storage market to grow with a CAGR of 12.46% over the forecast period from 2020-2026. The study on carbon capture and storage market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on carbon capture and storage market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global carbon capture and storage market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global carbon capture and storage market over the period of 2018 to 2026. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Segment Covered

The global carbon capture and storage market is segmented on the basis of technology, and application.

The Global Carbon Capture and Storage Market by Technology

  • Pre-combustion
  • Post Combustion
  • Oxy-fuel Combustion

The Global Carbon Capture and Storage Market by Application

  • Oil and Gas
  • Chemical Processing
  • Power Generation
  • Others

What does this Report Deliver?

  1. Comprehensive analysis of the global as well as regional markets of the carbon capture and storage market .
  2. Complete coverage of all the segments in the carbon capture and storage market to analyze the trends, developments in the global market and forecast of market size up to 2026.
  3. Comprehensive analysis of the companies operating in the global carbon capture and storage market . The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
  4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Market Dynamics

Drivers

  • Growing focus on reducing CO2 emissions
  • Increasing demand for CO2-EOR techniques

Restraints

  • High initial cost & feasibility associated with new projects

Opportunities

  • Large number of upcoming projects in the Asia Pacific region

Company Profiles

  • Exxon Mobil
  • General Electric
  • Halliburton
  • Schlumberger Limited
  • Siemens
  • NRG Energy, Inc.
  • Shell Cansolv
  • Dakota Gasification Company
  • Japan CCS Co., Ltd.
  • Mitsubishi Heavy Industries, Ltd.

For more information about this report visit https://www.researchandmarkets.com/r/dgsxzs


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

DUBLIN--(BUSINESS WIRE)--The "Wood Pellet Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.


The global wood pellet market is estimated to be USD 10.52 billion in 2020, and it is expected to reach USD 15.63 billion by 2026, at a CAGR of 7.28% during 2021-2026.

Companies Mentioned

  • Enviva Partners LP
  • AS Graanul Invest
  • Drax Group Plc
  • Fram Renewable Fuels LLC
  • Segezha Group JSC
  • Lignetics Inc.
  • Biopower Sustainable Energy Corp.
  • Asia Biomass Public Company Limited

Key Market Trends

Wood Pellets for Heating Application to Dominate the Market

  • Pellets are a solid biomass fuel, primarily produce from wood residues and agricultural by-products like straw. Specific advantages of pellets as compared to unprocessed biomass include standardized properties, high energy content, and high density.
  • Wood pellets for heating applications are primarily used in residential and commercial sectors for food, cooking and grilling, and supplying heat to homes. Since the cost of pellets remained cheaper than that of other fuels for a long time, it becomes a more economic option, addressing the primary concern of the residential and commercial sectors. In addition to this, in 2020, the wood pellets due to oversupply experienced a sharp decline in their prices.
  • In 2019, wood pellet consumption for heating application was majorly observed in Europe, followed by North America and Asia.
  • As a renewable energy source, wood pellets have received subsidies and incentives from the governments in many countries, and many countries either launched or updated their policies and schemes related to wood pellets for heating applications in recent years.
  • For instance, in January 2021, a new Wood and Pellet Heater Investment Tax Credit (ITC) came into effect in the United States, under which consumers buying highly efficient wood, or pellet stoves or larger residential biomass heating systems can claim a 26% tax credit that is uncapped and based on the full cost (purchase and installation) of the unit.

Europe to Dominate the Market

  • In Europe, EU countries are a significant producer as well as consumer of wood pellets. The EU currently has approximately 25 million metric tons of wood pellet production in place, with capacity use at 74 %. As of 2019, the EU has registered a modest 5% increase in production.
  • Europe's demand for wood pellet is expected to increase by 30-40% between 2021 to 2026. Europe represents more than 50% of global pellet demand. As of 2020, European nations' use of pellets includes residential heating (40%), power plants (36%), commercial heating (14%), and combined heat and power plants (10%). Moreover, pellets have also made their way into coal conversion projects in local authority or public administration buildings such as schools and offices.
  • As of 2020, most of the co-firing power stations have either closed or converted since these early projects, with several making a move to 100% wood pellets for fuel. The largest of these is Drax Power Station in North Yorkshire, which has converted four of its six 65 MWe generating units to run exclusively on biomass and is currently evaluating options for its remaining two coal-fired units.
  • As of 2020, sawmill residues make up 85% of the mix for wood pellet production, followed by roundwood (13%) and recovered wood (2%). Although the wood residues are likely to remain an important feedstock, especially in northern and western Europe, they will not be sufficient to meet the future fiber demand from the growing wood pellet sector.
  • As a result, Europe will likely draw upon the experience of North American producers, who have shown it is possible to use more forest residues as fiber furnish. Additionally, the countries in the region are likely to increase their wood pellet imports as well.

Key Topics Covered:

1 INTRODUCTION

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

4.1 Introduction

4.2 Market Size and Demand Forecasts in USD billion, till 2026

4.3 Recent Trends and Developments

4.4 Government Policies and Regulations

4.5 Market Dynamics

4.5.1 Drivers

4.5.2 Restraints

4.6 Supply Chain Analysis

4.7 Industry Attractiveness - Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Application

5.1.1 Heating

5.1.2 Power Generation

5.2 Geography

5.2.1 North America

5.2.2 Europe

5.2.3 Asia-Pacific

5.2.4 South America

5.2.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/3bj3x0


Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.

For EST.'S Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

PALO ALTO, Calif.--(BUSINESS WIRE)--In the second quarter, we produced and delivered over 200,000 vehicles. Our teams have done an outstanding job navigating through global supply chain and logistics challenges.


Production

Deliveries

Subject to operating
lease accounting

Model S/X

2,340

1,890

18%

Model 3/Y

204,081

199,360

7%

Total

206,421

201,250

7%


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Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.


Contacts

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Illinois residents from underrepresented groups secured jobs in 2020 after training enabled by Future Energy Jobs Act

CHICAGO--(BUSINESS WIRE)--#diversity--Training focused on increasing representation of people of color, women and other groups in Illinois’ clean energy workforce produced in 2020 the highest number of graduates and job placements since the programs began in 2017. The annual report on training programs funded by the Future Energy Jobs Act (FEJA) was submitted by ComEd today to the Illinois Commerce Commission and showed 94 percent of trainees, or 684, graduated and secured employment, up from 72 percent, or 433, in 2019.


“Trainers and participants demonstrated remarkable dedication to stay on course and achieve their goals last year despite the unprecedented challenges of the pandemic,” said ComEd CEO Joe Dominguez. “Social service agencies, industry and community groups are opening doors to new clean energy jobs for members of underrepresented groups. The program has established high standards and is delivering on its promises.”

The training programs are scheduled to run through 2029 and are supported through three successive $10 million funding periods. The first installment was made in 2017, and future payments are scheduled to be made in 2021 and 2025.

Enacted in 2016, FEJA allows ComEd to connect with partner social service agencies, or grantees, who conduct the training. Trainees graduated from one of three programs: the Solar Pipeline, the Craft Apprenticeship led by the International Brotherhood of Electrical Workers (IBEW) Renewable Energy Fund, or the Multicultural Job Training program. The 2020 graduates accepted a broad range of positions and promotions, including solar panel installers and technicians, energy brokers, site surveyors and training instructors.

The 728 participants in 2020 included 459 people of color and 129 women; 359 live in environmental justice communities where residents are exposed to potential environmental and health risks; 64 trainees were formerly involved with the justice system and nine are foster alumni.

The Solar Pipeline program had 113 trainees, and 85 percent of those eligible were offered jobs after completing solar bootcamp and lessons in power industry skills, alternative energy, OSHA regulations, financial literacy, math, and career guidance. Training was implemented by Elevate Energy, Illinois Central College, OAI, Inc. and Safer Foundation.

All 427 trainees in the IBEW program graduated and 99 percent secured employment; 135 reside in environmental justice communities, and 42 percent are people of color. IBEW training includes electric industry trades and skills, introduction to solar and “train-the-trainer” programs delivered by IBEW locals at high schools across Illinois. In fall of 2020, IBEW launched two new programs with Daley College and Triton College; it plans to replicate the Renewable Energy Technology program at Triton College and other Illinois community colleges.

There were 188 participants in the Multicultural program in 2020, up from 130 in 2019. Eighty-two percent graduated and 78 percent were offered jobs. The community-based training programs were implemented by Chicago Urban League, National Latino Education Institute (NLEI), ASPIRA of Illinois and Austin Peoples Action Center. The program is also supported by multicultural organizations that serve contractors, including Chatham Business Association and Hispanic American Construction Industry Association (HACIA).

The FEJA training programs overcame numerous challenges stemming from the pandemic. In mid-March, Illinois’ shelter-in-place orders required FEJA grantees to temporarily close their physical locations, requiring structural changes and additional services for participants. NLEI partnered with Comcast to provide computers and internet access, and HACIA implemented computer training.

Grantees who receive funds and implement the job training programs partner with the Safer Foundation, Salvation Army, U.S. Probations and Parole, the Illinois Department of Human Services, aldermanic offices throughout Chicago and many social service organizations for recruitment of and outreach to potential participants.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 100 energy company with approximately 10 million electricity and natural gas customers – the largest number of customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube.


Contacts

ComEd Media Relations
312-394-3500

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