Acquisition of Energenix makes Veolia North America’s SourceOne the leading meter services provider in Greater Boston
BOSTON--(BUSINESS WIRE)--Representing a growth strategy focused on clean energy, Veolia North America, through its energy subsidiary, SourceOne Inc., has acquired Energenix, a Boston-based utility meter reading and billing service that provides services throughout Eastern Massachusetts.
The acquisition makes Veolia North America the leading provider of meter reading and billing services in the Northeast, with a portfolio of over 700 buildings and 200 customers. The offering represents a key component of the company’s growth strategy to provide advanced energy management technologies and programs to building owners, facilities managers and energy consumers throughout the region.
Energenix was created in 1994 by Guy Machnes, a former electrician who identified the need for efficient meter-reading services and steadily expanded the business over the past 26 years. Machnes recognized that in SourceOne he had found an experienced partner with the capabilities to offer technological advances and added services that will enhance the Energenix customer’s experience. SourceOne’s expertise in engineering services, design, implementation and maintenance of metering systems for a variety of utilities adds intrinsic value to the offering.
“We are excited to welcome Energenix into the SourceOne family,” said Matt Madeksza, Veolia North America President and CEO. “With this acquisition, we are strengthening our position as a trusted provider of energy services where innovation and vision lead to greater efficiency and sustainability.”
About Veolia North America
A subsidiary of Veolia group, Veolia North America (VNA) offers a full spectrum of water, waste and energy management services, including water and wastewater treatment, commercial and hazardous waste collection and disposal, heating and cooling networks, energy consulting and resource recovery. VNA helps commercial, industrial, healthcare, higher education and municipality customers throughout North America. Headquartered in Boston, Mass., Veolia North America has more than 7,000 employees working at more than 150 locations across the continent. www.veolianorthamerica.com
About Veolia
Veolia group is the global leader in optimized resource management. With nearly 179,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them. In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 45 million megawatt hours of energy and treated 50 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €27.189 billion in 2019 (USD 29.9 billion). www.veolia.com
Matt Burgard
(203) 859-4168
This email address is being protected from spambots. You need JavaScript enabled to view it.
New family of products includes the Splitvolt Splitter Switch that eliminates electrician installation costs and complexity for EV owners
SANTA CLARA, Calif.--(BUSINESS WIRE)--#EV--Splitvolt announces a new family of products to Empower Electric Vehicle (EV) Adoption™ and address the major market shift now underway. These first products help new and existing EV owners save thousands of dollars and make fast home charging easier by avoiding the installation of a dedicated circuit. The Splitvolt product line includes the Splitvolt Splitter Switch, as well as high-performance portable EV chargers and other accessories. These include 240V extension cables and plug adapters, which cost-effectively provide the fastest possible, safe-charging rates allowed by the U.S. National Electrical Code (NEC).
The Splitvolt Splitter Switch solves charging challenges by intelligently sharing power of an existing dryer circuit with the EV charger. Intelligent switching and prioritization allow users to charge their cars as they automatically and transparently share power with their dryer or another appliance on an existing circuit when not actively in use. It also includes critical safety and power usage reporting features.
After a recent preview of its innovative technology by a group of judges, the company won gold in the 10th Annual Consumer World Awards, the Consumer Electronics category. Judges from a broad spectrum of industry voices from around the world participated, and their average scores determined the 2020 award winners.
“Home charging is the most convenient and cost-effective way to power vehicles,” said Daniel Liddle, founder and CEO of Splitvolt. “Who doesn’t want to pay less and wake up every morning with a full ‘tank’ range of 300-500 miles? The trouble is, with new battery capacities, standard 110V wall plugs charge at only three miles per hour, which is way too slow. Today’s EVs need the faster 21m.p.h. (+) charging rates you get using 240V circuits. However, installing a dedicated EV charging circuit is complicated and can cost up to $900 for installation by an electrician. It can also be potentially thousands of dollars more for a utility company to add power to a home. The plug-and-play Splitter Switch solves this dilemma by sharing an existing 220-240V dryer socket and automatically switching full-power between the EV charger and the dryer--without any intervention required. Just plug in your dryer and EV charger, and you have fast charging!”
Splitvolt solutions follow the NEC standards for home charging power safety. For added peace of mind, the Splitter Switch uses high-quality components, displays real-time power information and includes an internal power breaker for overcurrent, overvoltage and overheating protection. The solution works with common U.S. EVs and dryer models, as well as Splitvolt and third-party EV chargers.
PRICING AND SPECIAL DISCOUNT
To get the Splitvolt Splitter Switch, visit the Indiegogo campaign page to register and get a 33-percent discount (total price of $299) for first-come-first-served limited quantities.
Splitvolt portable EV fast home chargers and accessories are available for purchase now at www.splitvolt.com/shop and at Amazon at a special launch discount. Maximum performance chargers for common 30 and 50 amp 220-240V circuits are now available at a special discounted launch price of $284.99 and $314.99. Flexible, convenient extension cables and adapters are priced from $29.99 to $124.99.
About Splitvolt
Led by an executive team with extensive enterprise and consumer tech experience at public and private companies, Splitvolt is doing its part for climate change by addressing a distinct pain point affecting the adoption of electric vehicles: simple and inexpensive power access for fast home charging. The award-winning Splitvolt Splitter Switch provides 240V power access by intelligently sharing power using existing dryer sockets, without any rewiring or electrician fees. The Splitvolt family of EV chargers and extension cable accessories also provide the fastest possible NEC-safe charging rates at industry-leading price points. To find out more, visit www.splitvolt.com or follow us on Facebook, Instagram, Twitter and YouTube.
Georgiana Comsa
Silicon Valley PR
This email address is being protected from spambots. You need JavaScript enabled to view it.
650-800-7084
Daniel Liddle
Splitvolt, Inc.
This email address is being protected from spambots. You need JavaScript enabled to view it.
650-209-0091
New CarPlay compatibility brings essential charging data into the vehicle, making the experience for drivers easier and more seamless
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint, one of the world’s largest electric vehicle (EV) charging networks, now works with Apple CarPlay, taking another step towards making the transition to electric mobility more seamless for drivers. This new integration brings essential EV charging data inside the vehicle, allowing drivers to easily access charging information directly from their vehicle’s infotainment system. Beginning today, drivers will be able to find nearby chargers, check station status, start a session, navigate to a station and more, without the need to pick up their iPhone while in transit. The announcement comes on the heels of the addition of several new features available to Apple users including Dark Mode, Apple Watch compatibility, and a new ChargePoint widget in Today View for iPhone where drivers can find nearby stations or check real-time charging status.
“The shift to electric mobility is transforming the driver experience, and ChargePoint’s integration with CarPlay is another pivotal step in the evolution already underway, driven by software and increased connectivity,” said Bill Loewenthal, Senior Vice President, Product, ChargePoint. “By integrating essential charging data directly into the vehicle’s infotainment system, drivers are even more empowered and informed than ever. With the ability to connect their phone directly with the vehicle through CarPlay, drivers now have access to ChargePoint app information right on the vehicle display. The seamless connection between the app and vehicle represents the next step in how drivers and passengers will experience mobility in the future, accelerated by the global shift to electric drive.”
ChargePoint compatibility with CarPlay offers a level of connectivity not previously available. By simply connecting a device updated to iOS 14 or above to a CarPlay-equipped vehicle, drivers will be able to easily begin accessing charging information from the in-vehicle display. With the ChargePoint app in the CarPlay experience, drivers will have access to information available in the ChargePoint app, but now integrated with the in-dash infotainment system. With CarPlay, drivers will be able to see a map with nearby stations, check station status, select the station list for more information, and start a charging session. In addition, drivers will be able to filter stations based on speed of the charger, cost, availability and plug type, find recent stations, access favorite charging spots and join waitlist all directly from the vehicle.
This integration with Apple CarPlay underscores ChargePoint’s decade-plus commitment to enhancing the experience for drivers and businesses to help enable the future of electric mobility.
About ChargePoint
ChargePoint is creating the new fueling network to move all people and goods on electricity. Since 2007, ChargePoint has been committed to making it easy for businesses and drivers to go electric, with one of the largest EV charging networks and most complete set of charging solutions available today. ChargePoint’s cloud subscription platform and software-defined charging hardware is designed internally and includes options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and fleets of all kinds. Today, one ChargePoint account provides access to hundreds of thousands of places to charge throughout North America and Europe with drivers plugging in to the ChargePoint network approximately every two seconds while delivering more than 84 million charges. For more information, visit the ChargePoint pressroom or contact the This email address is being protected from spambots. You need JavaScript enabled to view it. or the This email address is being protected from spambots. You need JavaScript enabled to view it..
ChargePoint:
Darryll Harrison, Sr. Director, Global Communications and Social Media
(o) 669-237-3380
(c) 562-250-4720
This email address is being protected from spambots. You need JavaScript enabled to view it.
Milestone safety achievement highlights UPA’s work on SoCalGas project
GREENVILLE, S.C.--(BUSINESS WIRE)--#UPA--Utility Partners of America (UPA), a leading provider of project management, construction management, operations, maintenance and professional services for utilities and energy cooperatives throughout the country, announced today a significant safety milestone on one of its long-standing projects.
After beginning operations of an eight-acre pipe and related materials yard for Southern California Gas Co. (SoCalGas) in 2015, UPA has eclipsed 200,000 man-hours on the Bakersfield, California-based project with zero accidents, lost-time events or recordable injuries. A subsidiary of Sempra Energy, SoCalGas recently extended its contract with UPA through the end of 2022.
"SoCalGas has been an amazing partner to work with,” said Ed Schwalbach, UPA’s program lead on the project. “We have a great team in Bakersfield committed to quality and safety, along with an excellent working relationship, mutually aligned goals and effective communication between key stakeholders. Achieving this safety milestone is another example of our joint success and commitment to making safety and safe work practices our top priority. We want to work hard and earn our valued customer’s business every day.”
UPA’s work with SoCalGas in Bakersfield is in support of its Pipeline Safety Enhancement Plan (PSEP) Program. This scope comes on the heels of a previous engagement in which UPA was responsible for project management and support. The success of that partnership, paired with UPA’s reputation for service and focus on safety and transparency, helped to form this new project relationship with SoCalGas when they were seeking a reliable partner.
Since taking on the Bakersfield project five years ago, UPA’s involvement has continued to grow.
What started as an eight-acre operation has evolved to 26 acres, including three warehouses that offer bulk and racked storage. UPA receives and sends more than 200 shipments of material from this facility each month. UPA is confident this project and scope of work will continue to expand.
In addition to overseeing storage and shipping, UPA facilitated the leasing of a facility and currently provides quality control, testing, inventory management and transportation services to SoCalGas.
The Bakersfield safety milestone of 200,000 man-hours with no lost-time events or recordable injuries represents nearly 100 man-years of work without incident, an impressive feat that serves as a testament to UPA’s and SoCalGas’ commitment to safety and excellence.
“UPA has been an outstanding collaborative partner throughout the years, and we are more than proud to see their continued commitment to safety and excellence,” said Jason Simonek, inventory management team lead at SoCalGas. “Here at SoCalGas, we greatly prioritize safety and safe working practices. We look forward to continuing working with UPA to achieve greater milestones in the future.”
For more information on UPA and how the company partners with utilities and energy co-ops to build, inspect, maintain and upgrade the nation’s utility infrastructure, visit UtilityPartners.com.
Josh Hall, Sage & Sterling Communications
Phone: 813-884-9333
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tier-one automotive supplier shortens cycle time, improves standardized work adherence on assembly line that was previously considered optimized
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Drishti Technologies, Inc. (Drishti), whose AI-powered production technology uses video analytics, data and insights to bring significant benefits to manufacturers and their employees, today announced that it has successfully concluded a 10-week proof of concept deployment with HELLA (FRA:HLE), a tier-one automotive supplier with a large global footprint.
HELLA, which is an advanced manufacturing company with disciplined adherence to lean principles, deployed 12 Drishti cameras on an automotive component assembly line in Guanajuato, Mexico. Because HELLA has established a lean philosophy throughout the organization since 2007, the selected assembly line was already a high-performing line in the company. HELLA was intrigued by Drishti’s AI-powered production solution and challenged the company to find opportunities for improvement, even though the line was already considered optimized based on state-of-the-art, non-AI lean methodologies.
Using Drishti Trace, which allows manufacturers to use live and recorded video to learn from what has happened, and Drishti Flow, which adds AI to provide assembly data that lets manufacturers closely monitor and rapidly improve performance, the HELLA team and Drishti jointly identified a number of potential improvements. In some instances, HELLA engineers were able to verify adherence to standardized work and implement improvements to the standardized work to reduce process delays and microstops.
“Standardized work is the foundation of our assembly operations, and finding opportunities to improve adherence has the potential to significantly boost our productivity,” said Marcos Aurelio Alves Junior, operational excellence and industrial engineering manager at HELLA Mexico.
Alves and his team used the AI-generated data points in Drishti’s Portal to pinpoint statistical outliers, cycles that took significantly more or less time than the others. Because of the sheer volume of cycle time data Drishti provides, these outliers were clear indicators that attention was required.
“Drishti Trace lets anyone with access to the Portal go back in time and see exactly what happened on the factory floor,” said Alves. “It solves a number of questions about what happened in the past, making the process to identify deviations shorter and us more assertive in attacking the correct outliers in our histograms. And it’s particularly useful during the coronavirus because it doesn’t require our team to travel to the site to know what’s happening.”
At the conclusion of the 10-week deployment, HELLA saw a significant improvement in productivity on the assembly line. A broader Drishti deployment is currently in the works.
“Drishti’s technology uniquely provides us with information about what’s happening on the factory floor, now and in the past, wherever we are,” said Michael Hammoud, vice president of operations, HELLA. “It helps us support our lean practices with data, and use the information we get from the cameras and AI to train our operators, improving their productivity and job satisfaction at the same time. It’s a win-win for the company and our employees.”
For more information on Drishti, visit Drishti.com.
About Drishti Technologies
Drishti’s mission is to extend human capabilities in an increasingly automated world. Its AI-powered video analytics technology provides visibility and insights that transform the pace and impact of manual assembly line improvement. Manufacturers use Drishti to anchor true digital transformation, driving sweeping improvements in quality costs, efficiency gains and time-to-proficiency for line associate training. And line associates rely on Drishti to be more consistent and efficient, becoming even more valuable on the factory floor. In 2019, Drishti was selected by the World Economic Forum as a Technology Pioneer; in 2020, Drishti was named to the Forbes AI 50 and a Top 5 AI Company in North America by NVIDIA. For more information, visit Drishti.com.
Erin D. Caldwell, This email address is being protected from spambots. You need JavaScript enabled to view it., 585-329-6479
TRINITY, Ala.--(BUSINESS WIRE)--Progressive Pipe Fabricators, a division of Shambaugh & Son L.P., celebrated the grand opening of their new Trinity, Alabama facility with a ribbon-cutting event that attracted a number of high-profile attendees from the State of Alabama and the National Fire Sprinkler Association (NFSA). Shambaugh is currently the largest MEP construction services contractor in Indiana and ranked the third largest specialty contractor in the United States.
The new 82,000-square-foot fabrication facility, which has been under construction since January, will fabricate and deliver more than 20,000 individual sprinklers per week, and has the capacity to ship more than 1-million pounds of fabricated sprinkler pipe per week.
“We couldn’t be more excited about this new facility,” said Rob Vincent, Shambaugh’s chief operating officer, fire protection. “By expanding our fabrication capabilities throughout the United States, our new shop will now serve a much larger geographic area. What’s even more exciting is that while we’re expanding our reach, we’re simultaneously bolstering our sustainability efforts by reducing fuel consumption and improving speed to market.”
With the opening of this new facility, Progressive Pipe Fabricators has also created 60 new jobs in Lawrence County.
“Being able to support the local community as an employer is something that makes all of us at Progress Pipe Fabricators extremely proud,” said Vincent. “I’m happy to report that with support from the State of Alabama Department of Commerce AIDT Division, we’ve successfully filled nearly all of those jobs.”
The new facility is located at 2060 Cooperage Way, Trinity, AL 35673.
Progressive Pipe Fabricators
Rob Vincent
This email address is being protected from spambots. You need JavaScript enabled to view it.
260.487.7873
Companies big and small are running out of time to collect Chinese tariff relief with nearing deadline
EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--Global logistics company C.H. Robinson, revealed today that U.S. companies importing from China could be missing out on more than a billion dollars in refunds via Section 301 tariff exclusions. The vast majority of these refund opportunities, which have continued to be updated since 301 tariffs were implemented as a result of the U.S.-China trade war, are set to expire Dec. 31. With two-thirds of Chinese imported goods subject to 301 tariffs, businesses both large and small may be leaving millions on the table if they don’t take action.
Since 301 tariffs were implemented in 2018, C.H. Robinson has identified potential savings for its customers of roughly $980 million related to exclusion refunds, with 96% of them being product-specific which require a more complex, time-consuming analysis for qualification. The company has already assisted hundreds of U.S. importers in navigating the complexity of these tariffs and exclusions along with providing duty recovery and compliance consulting.
“The U.S.-China trade war has added another layer of complexity to what has been a challenging global transportation market over the past year,” said Mike Short, President of Global Forwarding at C.H. Robinson. “As we have consulted with businesses of all sizes, it’s clear that the biggest barriers to duty recovery for these companies are a lack of time, data, and expertise to navigate the complex and lengthy application process. With our global suite of services and technology built by and for supply chain experts, we help customers cut through the clutter, save time by automating processes, and maximize refund potential. This is especially important now as the pandemic has so many businesses seeking cost savings.”
C.H. Robinson is providing expertise companies can rely on and shaving off critical time in a complex and lengthy refund recovery process so that companies can focus on maximizing operations while still accessing savings for which they qualify. On their own, a U.S. importer would first need to see if their Harmonized Tariff Schedule (HTS) codes qualify for any one of the specific 301 exclusions and then go through the time-consuming act of comparing their specific products against the product-specific exclusions. With its global trade experts and single, multimodal, global technology platform Navisphere®, C.H. Robinson reduces this time-intensive process by running data comparisons and analysis that delivers strategic recommendations to maximize refund potential for its customers.
Throughout the trade war and the onset of the pandemic – which accelerated the rate of exclusion updates – C.H. Robinson has helped companies of all sizes submit for hundreds of millions in savings. To give one example, C.H. Robinson assisted Wheel Pros, a large wheel design and distribution company, in submitting for a significant refund.
“It was great to work alongside C.H. Robinson’s team as we navigate a challenging global trade climate,” said Holly Smith, Director of Logistics at Wheel Pros. “Not only have they saved us many hours of work via their technology and global trade expertise and been a trusted partner in navigating compliance issues, but they helped us successfully uncover and submit for a substantial refund.”
To help even more customers navigate the latest tariff challenges and opportunities, C.H. Robinson announced today the launch of Trade & Tariff Insights, which is a digital one-stop-shop for ongoing updates and insights on the latest in trade issues.
“The Trade & Tariff Insights hub is like having your very own global trade concierge service with weekly updates on the changing global trade marketplace along with custom insights and commentary from our leading global trade experts to help you make sense of it all,” said Short. “As one of the world’s largest global logistics platforms, we are dedicated to using our information advantage to help our customers solve complex global logistics challenges, including ever-changing trade issues, so they can focus on operating their business.”
Visit Trade & Tariffs Insights or connect with an expert to explore refund potential for 301 tariffs ahead of the Dec. 31 exclusion deadline.
About C.H. Robinson
C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With nearly $20 billion in freight under management and 18 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multimodal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our more than 119,000 customers and 78,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation and our employees. For more information, visit us at http://www.chrobinson.com (Nasdaq: CHRW).
FOR MEDIA INQUIRIES, CONTACT:
Kelsey Soby, This email address is being protected from spambots. You need JavaScript enabled to view it.
Marina Marich, This email address is being protected from spambots. You need JavaScript enabled to view it., 202.288.6868
Market-Leading KloudGin AI Cloud Software Integrates Real-time Location Mapping That Streamlines Asset Management and Mobile Field Service Operations
SANTA CLARA, Calif.--(BUSINESS WIRE)--#esri--KloudGin, the leading provider of AI cloud-based field service and asset management solutions, today announced that it has become a Silver Partner of Esri, the global leader in location intelligence. The Silver Partnership will provide KloudGin with the ability to deliver real-time location and mapping data information to its customers for their asset management and mobile workforce management (MWM) operations.
KloudGin customers will now have the ability to tightly integrate their mapping technology, simplify workflows and increase process efficiency across broad geographic areas. KloudGin’s services connect customers, employees, and assets with AI powered access to information on any device and stay abreast of changing technological advancements in geographic information systems (GIS).
KloudGin and Esri will also collaborate on joint offerings in the energy transmission and distribution, renewables, oil and gas, telecom, water/wastewater, and manufacturing markets for organizations with assets and customers dispersed over wide geographic areas. KloudGin will now offer an expansive set of contextual tools and capabilities to perform integrated map-based workflows such as work creation, recording assets onto existing work orders, identifying trouble locations by dropping pins and associating them to work orders. Users can also view as-built drawings, work history, asset status, thematic maps and much more.
KloudGin users can also update GIS feature attributes from the field, and mark-up maps with redlines that show whether field crews are online or offline on their mobile devices. Specialty processes are also tightly integrated such as performing valve traces within the map and leveraging the affected asset data to seamlessly inform customers of an impending outage.
“With dozens of customers in the energy, telecommunications and municipal utilities sectors, KloudGin has a proven track record of successfully implementing location-centric solutions for field-based utilities and service providers worldwide,” said Dawn Caravallo, Manager, Esri Partner Network. “KloudGin’s combined field service and asset management solutions provide customers a single face of work, paving the way for smarter asset and personnel deployment and strategic management decisions.”
“Our strategic partnership with Esri will allow us to provide our joint customers with seamless access to their advanced GIS capabilities which will help increase worker productivity and safety, and improve location-based customer service,” said Vikram Takru, CEO, KloudGin. “We are working directly with the Esri R&D team to ensure that our product roadmaps align and that we provide a streamlined experience to businesses that drive efficiencies and revenues.”
About the Esri Partner Network
The Esri Partner Network is a rich ecosystem of organizations that work together to amplify The Science of Where. Esri’s 2,700+ partners deliver solutions, content, and services around the world. Combining industry-specific knowledge with ArcGIS software expertise, Esri partners customize and extend the reach of geographic science in limitless applications and organizations. Learn more at www.esri.com/en-us/about/esri-partner-network/overview
Esri users can take advantage of KloudGin’s field service and asset management software, and contact KloudGin HERE.
About Esri
Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping helps customers unlock the full potential of data to improve operational and business results. Founded in 1969, Esri software is deployed in more than 350,000 organizations including 90 of the Fortune 100 companies, all 50 state governments, more than half of all counties (large and small), and 87 of the Forbes Top 100 Colleges in the U.S., as well as all 15 Executive Departments of the U.S. Government and dozens of independent agencies. With its pioneering commitment to geospatial information technology, Esri engineers the most advanced solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at esri.com.
About KloudGin
KloudGin is the only combined one-cloud industry-focused field service and asset management solution that automates work management processes, enables customer self-service, increases worker productivity. KloudGin’s solutions unlock new revenue streams and business models. Serving companies with complex, asset management and field service requirements, KloudGin connects customers, employees, sub-contractors, and assets with AI-powered access to information on any device. Visit www.kloudgin.com.
Joe Volat
This email address is being protected from spambots. You need JavaScript enabled to view it.
877-256-8303
DUBLIN--(BUSINESS WIRE)--The "Electric Vehicle Battery - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Electric Vehicle Battery market accounted for $35.16 billion in 2019 and is expected to reach $151.69 billion by 2027 growing at a CAGR of 20.1% during the forecast period.
Increase in the global awareness regarding climate change, decrease in the cost of the electric vehicle battery system and rise in the demand for zero-emission vehicles are the major factors driving the market growth. However, stringent lead pollution norms in electric vehicle battery, high import taxes on EV batteries and instability in raw material prices are restraining the market growth. Moreover, evolution of lithium-ion technology in EV battery and growth in public charging infrastructure would provide ample opportunities for the market growth.
A battery is used as a secondary power source in automobiles. An electric vehicle battery is a secondary (rechargeable) battery. It uses chemical energy stored in rechargeable battery packs for power and therefore does not require any combustion engine for propulsion. An electric vehicle battery or traction battery powers the propulsion of battery electric vehicles.
Based on type, the lithium-ion battery segment is likely to have a huge demand due to its high energy density, fast recharging capability, and high discharge power, owing to which, the lithium-ion batteries are the only available technology that are capable of meeting OEM requirements for vehicle driving range and charging time. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing deployment of electric vehicles in countries, such as China and India, and the high demand for vehicles with urbanization and increasing power purchase parity.
Some of the key players profiled in the Electric Vehicle Battery Market include Automotive Energy Supply Corporation, Boston-Power, BYD Company Limited, Contemporary Amperex Technology Co Ltd, Crown Battery Corporation, East Penn Manufacturing Company, GS Yuasa Corporation, Hitachi Chemical Company, Johnson Controls International, LG Chem Ltd, Narada Power Source, Panasonic Corporation, Quallion, Samsung SDI Co Ltd and Tianneng Power International.
What the report offers:
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Vehicle Battery Market, By Power Source
5.1 Introduction
5.2 On Board Electric Generator
5.3 Stored Electricity
6 Global Electric Vehicle Battery Market, By Powertrain
6.1 Introduction
6.2 Combined Hybrid Electric Vehicle
6.3 Parallel Hybrid Electric Vehicle
6.4 Series Hybrid Electric Vehicle
7 Global Electric Vehicle Battery Market, By Battery Capacity
7.1 Introduction
7.2 Less Than 20 kWh
7.3 21-40 kWh
7.4 More Than 41 kWh
8 Global Electric Vehicle Battery Market, By Voltage Type
8.1 Introduction
8.2 12 Volt
8.3 14 Volt
8.4 24 Volt
8.5 48+ Volt
9 Global Electric Vehicle Battery Market, By Propulsion Type
9.1 Introduction
9.2 Battery Electric Vehicle (BEV)
9.3 Hybrid Electric Vehicle (HEV)
9.4 Plug-In Electric Vehicles
9.5 Plug-In Hybrid Electric Vehicle (PHEV)
10 Global Electric Vehicle Battery Market, By Type
10.1 Introduction
10.2 Lead-Acid Battery
10.3 Lithium-Ion Battery
10.4 Nickel Metal Hydride Battery
10.5 Sodium-Ion
10.6 Zebra Batteries
10.7 Ultra Capacitors Batteries
10.8 Sodium Nickel Chloride Batteries
10.9 Metal Air Batteries
11 Global Electric Vehicle Battery Market, By Vehicle Type
11.1 Introduction
11.2 Two Wheeler
11.3 Passenger Car
11.4 Commercial Vehicle
11.4.1 Heavy Commercial Vehicle
11.4.2 Light Commercial Vehicle
11.5 Other Vehicle Types (Golf Cart)
12 Global Electric Vehicle Battery Market, By End User
12.1 Introduction
12.2 Aftermarket
12.3 Original Equipment Manufacturer's (OEM)
13 Global Electric Vehicle Battery Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Automotive Energy Supply Corporation
15.2 Boston-Power
15.3 BYD Company Limited
15.4 Contemporary Amperex Technology Co Ltd
15.5 Crown Battery Corporation
15.6 East Penn Manufacturing Company
15.7 GS Yuasa Corporation
15.8 Hitachi Chemical Company
15.9 Johnson Controls International
15.10 LG Chem Ltd
15.11 Narada Power Source
15.12 Panasonic Corporation
15.13 Quallion
15.14 Samsung SDI Co Ltd
15.15 Tianneng Power International
For more information about this report visit https://www.researchandmarkets.com/r/b61pa5
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
New Research Shows: People Want Nuclear Energy to Help Combat Climate Change
WASHINGTON, D.C.--(BUSINESS WIRE)--#cleanenergy--As Americans experience record-breaking heat waves, floods, and wildfires, they are looking for solutions to climate change and supporting U.S. policymakers who are working to lead us out of the climate crisis.
So, what types of energy and energy policies do Americans want?
Well over half of Americans (56 percent) support existing nuclear energy and recognize that it produces around 20 percent of our electricity, according to ecoAmerica’s third annual American Climate Perspectives Survey. The survey found that 64 percent of Republicans and 56 percent of Democrats support nuclear power. This support has grown, up from 49 percent in 2018 to 56 percent in 2020, driven by a notable rise in Democrat support (up from 37 percent in 2018). The full report can be found here.
Seventy percent of people in the U.S. credit nuclear power plants with generating a lot of electricity, reliably, and 64 percent say that nuclear power plants keep America competitive and energy independent. Sixty-two percent of Americans want to keep nuclear power plants running as long as they are cost effective.
When defined as a new technology that is cheap, produces little waste, and is fail-safe so human errors can’t cause widespread damage, 74 percent of Americans indicated they would support “new”nuclear power such as molten salt reactors. Among those who do not support nuclear power, 17 percent indicated they would shift their opinion to support it after learning that we can clean up unhealthy pollution and make the climate stable by modernizing nuclear power.
“Americans clearly want a wholesale shift to clean energy sources—and they want policymakers to enact real solutions to the existential threat of climate change,” said Dr. Leslie Dewan, founder of Criticality Capital. “This survey shows that Americans of both parties support using new and existing nuclear power to build a carbon-free future.”
“Washington is sensing the growing support for nuclear,” said Eric Meyer, executive director of Generation Atomic, an advocacy group. “In the last couple of years, we’ve seen two bipartisan nuclear innovation bills become law, the Department of Energy fund multiple advanced reactor demonstration projects, and the Democratic Party add nuclear as an important clean energy source in their party platform for the first time since 1972. The tide is changing, and just in time to help us rapidly address climate change.”
About Generation Atomic
Generation Atomic is a 501(c)3 non-profit organization that is growing a movement to fight for the atomic energy of today and tomorrow. Since 2017 they’ve reached millions of people over social media and empowered thousands to contact their elected officials in support of protecting today’s reactors from early shutdown and laying the groundwork for the next generation of low carbon, environmentally friendly energy. Learn more and take action at GenerationAtomic.Org.
Marie Domingo
This email address is being protected from spambots. You need JavaScript enabled to view it.
(650) 888-5642
Stacy Williams
This email address is being protected from spambots. You need JavaScript enabled to view it.
(970) 819-0839
LONDON--(BUSINESS WIRE)--#brandstrategysolutions--The high demand for major derivatives of the petrochemical industry in industries such as pharmaceuticals and electronics plays a crucial role in determining its growth trajectory. Additionally, factors such as government policies that aim to incentivize, and the consequent rise of investment in petrochemicals are also driving growth in the petrochemical industry. The most crucial factors influencing growth in the petrochemical industry are technological advancements and rising environmental concerns. What does this mean for the future of companies in the petrochemical industry? The industry's growth has led to increasing competition and the need for a unique brand identity and strategy. Therefore, industry leaders leverage brand strategy solutions to enable authentic ideas, and establish a plan that differentiates their offerings and brand from competitors. Infiniti’s brand strategy solutions help petrochemical industry players gain a significant competitive edge and develop a loyal customer base. To leverage Infiniti’s brand strategy solutions, and set your organization and offerings apart in the highly competitive petrochemical industry, request a free proposal.
“Although the petrochemical industry continues to be impacted by the globalization and integration of the world economy, several factors influencing the industry's growth include technology, government policies, and environmental concern,” says a petrochemical industry expert at Infiniti Research.
Business Challenge:
The client, a petrochemical industry leader, has manufacturing units in various locations across the globe. The client was struggling to differentiate their offerings and products from those of their competitors. To tackle this challenge and establish a unique brand identity, the client approached Infiniti Research to leverage our expertise in developing effective brand strategies for companies in the petrochemical industry. During this five-week engagement, the client sought to create unique marketing campaigns and improve brand awareness by gaining a quantifiable understanding of the firm’s value and authenticity.
To understand the influence of brand strategy solutions and brand identity in the highly competitive and rapidly evolving petrochemical industry, speak to industry experts
Our Approach:
To assist the petrochemical industry client, Infiniti’s experts developed a comprehensive approach that included the following:
Business Outcome:
Infiniti’s brand strategy engagement enabled the petrochemical industry client to gain comprehensive insights and achieve clarity regarding the market's competitive landscape. The petrochemical industry firm also successfully identified and understood the strengths and weaknesses of their competitors. Additionally, the client identified their target audience and the relevant needs and preferences of said brand. Further, the petrochemical industry client built brand credibility and increased advertising effectiveness, consequently increasing brand awareness and recognition. The brand strategy engagement enabled the petrochemical client to improve their overall brand performance effectively.
Request more information to learn how our brand strategy solutions can transform your business, help you build a unique brand identity, and develop a loyal customer base in the challenging petrochemical industry.
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to analyze competitive activity, see beyond market disruptions and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us
Infiniti Research
Anirban Choudhury
Marketing Manager
US: +1 844 778 0600
UK: +44 203 893 3400
https://www.infinitiresearch.com/contact-us
WASHINGTON & CHICAGO--(BUSINESS WIRE)--Nodal Exchange and IncubEx today announced the successful launch of eight new Renewable Identification Number (RIN) futures and options contracts, plus seven new Renewable Energy Certificate (REC) contracts.
The 15 new contracts, listed only on Nodal Exchange, add to the largest set of environmental products offered in the world.
The new contracts listed are as follows:
● D3, D4, D5 and D6 RIN futures and options
● M-RETS® Renewable Energy Certificates from Center for Resource Solutions (CRS) Listed Wind Energy Facilities (front-half and back-half) futures
● Texas Compliance Solar Renewable Energy Certificates from CRS Listed Facilities (front-half and back-half) futures
● New York Renewable Energy Certificates Tier 1 futures
● Texas Compliance Renewable Energy Certificates from CRS Listed Facilities (front-half and back-half) options
The RIN futures and options contracts are physically delivered and cover the most actively traded RIN markets: D3 RINs for cellulosic biofuels, D4 RINs for biomass-based diesel, D5 RINs for advanced biofuels such as sugarcane ethanol and D6 RINS for renewable fuels such as corn ethanol.
After extensive customer consultation and development, the new RIN contracts are designed to bring efficiency and transparency to these largely over-the-counter markets.
"We're seeing healthy interest from RIN market participants who are looking for standardized contracts that are listed and cleared on a regulated exchange," said Nathan Clark, Managing Director at IncubEx. "These contracts virtually eliminate counterparty risk and offer capital efficiencies that are simply not available in the existing bi-lateral markets.”
The new REC futures and options contracts are the first of their kind on any exchange and build on Nodal's unmatched suite of REC products.
The M-RETS® wind futures contracts are based on RECs from M-RETS, a registry that tracks in all North American states and provinces and is the system of record for various state/province Renewable Portfolio Standards (RPS) programs. The M-RETS® wind and Texas solar contracts, along with Nodal's existing Texas wind REC contract, each deliver RECs from facilities registered with Center for Resource Solutions (CRS) in accordance with its Green-e® renewable energy certification program. The New York REC futures contract is based on energy production from eligible generation sources under the state's Clean Energy Standard.
The new contracts, developed with Nodal's partner IncubEx, further extend the broadest suite of exchange listed environmental products and build on the carbon, REC and renewable fuels credit futures and options now offered on Nodal. With the new products, Nodal now offers 82 futures and options contracts on 49 distinct environmental markets.
"We launched the first North American futures and options 2 years ago and have worked with IncubEx to grow the product group to more than 90,000 contracts of open interest," said Paul Cusenza, Chairman and CEO of Nodal Exchange. "The new RIN and REC products are examples of our continued efforts to innovate and meet customer needs in the marketplace. We are proud to be playing a role in efforts to improve our environment."
About IncubEx
IncubEx is an incubator for exchange traded products, services, and technology solutions. At its core, IncubEx is a product and business development firm. The company works in conjunction with its global exchange partner, European Energy Exchange (EEX), Nodal Exchange and other leading service providers and stakeholders to design and develop new financial products in global environmental, reinsurance, and related commodity markets. The company has a specific focus on innovation and continuous improvement of products and services, including technology, trading solutions, and operational efficiencies. The IncubEx team is led by former key Climate Exchange executives and is uniquely positioned to capture these opportunities with its partners. The company was founded in 2016 and currently has offices in Chicago and London.
About Nodal
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of electric power locational (nodal) futures contracts. As part of EEX Group, a group of companies serving international commodity markets, Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers natural gas and environmental contracts. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC.
Jim Kharouf
IncubEx Communications Director
Phone: 773-391-0439
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Nicole Ricard
Nodal Exchange Managing Director of Marketing
Phone: 703-962-9816
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
WASHINGTON--(BUSINESS WIRE)--IHS Markit Vice Chairman Daniel Yergin has been named “Energy Writer of the Year” for his new book, The New Map: Energy, Climate and the Clash of Nations (Penguin Press; U.S. edition / UK edition). The award is presented by the American Energy Society, a non-partisan, independent network of nearly 135,000 professionals from every energy sector.
In bestowing the award, the American Energy Society said that The New Map “earned energy’s highest literary prize for its ambitious survey and realistic assessment of energy and how it shapes all of human affairs. It is also an exceptional literary triumph in its narrative and in the quality of writing that we have come to expect from Dan Yergin.”
Eric Vettel, President of American Energy Society said of this year’s award: "Mr. Yergin's legendary contributions to the field, highlighted with the release of The New Map, made this year's selection obvious. We selected him as the Energy Writer of the Year for his intellectual approach, his balanced treatment of competing ideas, his extraordinary grasp of an enormous subject, his methodical defense of an ambitious thesis with massive amounts of data, his masterful storytelling skills and in recognition of a lifetime of literary achievement.”
Upon receiving the award, Yergin said: “I am deeply honored to receive the distinguished award of 'Energy Writer of the Year' from the American Energy Society. Energy’s unique ability to touch every aspect of our collective lives and influence the course of history, as well as shape the future, has been a perpetual focus throughout my career—a fascination that I have always striven to share in my writings. To be recognized with this award from the American Energy Society, with its commitment to engaging the widest cross-section of stakeholders in the energy world, is a singular honor.”
Read the complete American Energy Society award announcement here: https://www.energysociety.org/ewoty2020.html
In The New Map, Yergin looks at how the global COVID-19 pandemic brought new complexity and disruption to an energy world already being reshaped by myriad forces—from the remarkable change in the energy position of the United States in the middle of a contentious presidential election, to geopolitical tension with China and Russia, to the reappearance of the electric car, the growing global role of renewables and the “post-Paris” era of energy transition.
“As a result of the pandemic, an uncharted chasm has suddenly appeared on the map, which the world is now beginning to work its way around,” Yergin writes.
“This is no simple map to follow, for it is dynamic, constantly changing as major countries chart intersecting and sometimes conflicting geopolitical paths in a new era of great power competition,” he adds.
Additional Praise for The New Map:
A “wonderful book on the transformation of the global map of power and wealth.” – Sunday Times (London)
“Brisk and authoritative, an impressive combination.” — The Economist
“Reportorial and supremely readable—no mean feat among geostrategy tomes.” — Wall Street Journal
“At a time when solid facts and reasoned arguments are in retreat, Daniel Yergin rides to the rescue…. Yergin provides an engaging survey course on the lifeblood of modern civilization — where the world has been and where it is likely headed. By the final page, the reader will feel like an energy expert herself.”— USA Today
“Yergin delivers a fascinating and meticulously researched page-turner…. Required reading. Another winner from a master.” — Kirkus, Starred Review
About Daniel Yergin:
Daniel Yergin is a highly respected authority on energy, international politics and economics, and a Pulitzer Prize winner. He is Vice Chairman of IHS Markit, one of the leading information and advisory firms in the world with 16,000 employees worldwide.
Time Magazine said, “If there is one man whose opinion matters more than any other on global energy markets, it’s Daniel Yergin.” Fortune said that he is “one of the planet’s foremost thinkers about energy and its implications.”
A Pulitzer Prize winner, his latest book, The New Map: Energy, Climate, and the Clash of Nations, was designated by Kirkus as “required reading. Another winner from a master.”
Dr. Yergin is the author of the bestseller The Quest: Energy, Security, and the Remaking of the Modern World. The Quest has been described by the Financial Times as “a triumph.” The New York Times said it is “necessary reading for C.E.O.’s, conservationists, lawmakers, generals, spies, tech geeks, thriller writers,” among many others.
Bill Gates summed up his review of The Quest by saying, “This is a fantastic book.”
Dr. Yergin is known around the world for his book The Prize: The Epic Quest for Oil Money and Power, which was awarded the Pulitzer Prize. It became a number one New York Times best seller and has been translated into 20 languages.
Of Dr. Yergin’s book Commanding Heights: The Battle for the World Economy, which has been translated into 13 languages, The Wall Street Journal said, “No one could ask for a better account of the world’s political and economic destiny since World War II.”
Both The Prize and Commanding Heights were made into award-winning television documentaries for PBS, BBC and Japan’s NHK.
Dr. Yergin has served on the U.S. Secretary of Energy Advisory Board under the last four presidents. He is a member of the Energy Policy Council of the Dallas Federal Reserve.
Dr. Yergin was awarded the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding.” The International Association for Energy Economics honored Dr. Yergin for “outstanding contributions to the profession of energy economics and to its literature.”
Dr. Yergin is a director of the Council on Foreign Relations and a senior trustee of the Brookings Institution. He is a member of the Advisory Boards of the Massachusetts Institute of Technology Energy Initiative and of the Columbia University Center on Global Energy Policy and of Singapore’s International Energy Advisory Board.
Dr. Yergin holds a BA from Yale University, where he founded The New Journal, and a PhD from Cambridge University, where he was a Marshall Scholar.
Follow Daniel Yergin on Twitter: @DanielYergin
For interview requests and media inquiries contact:
IHS Markit: Jeff Marn, This email address is being protected from spambots. You need JavaScript enabled to view it.
Penguin Press: Liz Calamari (U.S.), This email address is being protected from spambots. You need JavaScript enabled to view it. or Penelope Vogler (UK), This email address is being protected from spambots. You need JavaScript enabled to view it.
About IHS Markit (www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.
IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2020 IHS Markit Ltd. All rights reserved.
Jeff Marn
IHS Markit
+1 202 463 8213
This email address is being protected from spambots. You need JavaScript enabled to view it.
Press Team
+1 303 858 6417
This email address is being protected from spambots. You need JavaScript enabled to view it.
New Athena Microlearning Delivers 6,524 Training Nuggets to Your Handheld Devices
BOSTON--(BUSINESS WIRE)--#competency--IHRDC, a leader in training and competency development for the worldwide oil and gas industry for more than 50 years, announced IHRDC Athena Microlearning today, the company’s innovative new product to deliver, online, just-in-time training in small bites to learners around the globe.
The new, extensive database of learning nuggets is derived from IHRDC’s many in-depth e-Learning resources containing more than 1,500 courses encompassing the Oil and Gas Business, Upstream Technology, and Operations & Maintenance. From these resources, the company’s e-Learning Solutions group compiled more than 6,500 microlearning nuggets consisting of 5-8 minute segments of text, video, animation, interactive, content and knowledge checks and assembled them into a searchable database. The new collection is named Athena Microlearning for the Greek Goddess of Wisdom.
Access is available through any web-connected device. As a user you simply enter a search term of immediate job or competency development need into the IHRDC Learning Platform and a dashboard of relevant Microlearning learning tablets, each with their respective context, appears for your individual selection. In no time, you have access to the learning you need! It offers a perfect way to close knowledge gaps quickly, and seamlessly deliver practical knowledge on the job or wherever needed.
“We are very excited to offer the industry this new workforce training resource,” observed IHRDC President Dr. David Donohue. “In personal interviews, our clients told us that their younger employees prefer access to learning nuggets on handheld devices to meet their immediate job need and to eliminate competency gaps. Athena Microlearning is our innovative answer to those expressed needs – it includes over 6,500 learning nuggets in industry related business, technology, operations and maintenance at modest user cost.”
Comments of users during beta testing have been very positive: “Love the design” “Ideal to eliminate competency gaps” “Great as on-the-job advisor” “Lets me learn just what I need” “Easily accessible on my iPhone, too”.
So, to learn more about this exciting new product, including a full demo or to license it for your own use go to the website below. You will be happy you did!
Details about Athena Microlearning can be accessed here:
www.ihrdc.com/IHRDC-e-LearningSolutions/AthenaMicrolearning/
About IHRDC:
International Human Resources Development Corporation (www.ihrdc.com ) has been a global leader in training and competency management for the oil and gas industry for more than 50 years. It offers the best Instructional Programs, e-Learning and Knowledge Solutions, and Competency Management products and services available to the industry today. The company is headquartered in Boston, USA with offices in Houston, London, Amsterdam, Abu Dhabi, Kuala Lumpur, and Lagos.
IHRDC is the proud recipient of the "Petroleum Industry Training Provider of the Year Award" from the Getenergy organization for 2010, 2011, and 2012, the 2011 Platinum AVA Award, 18 Telly Awards, and the 2003 Corporate Award for Excellence in Distance Learning Programming.
Kathleen McDonnell, IHRDC This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--Cold Bore Technology Inc. (“Cold Bore”), a leader in completion optimization technology and Houston-based Permian Basin oil and natural gas producer, Hibernia Resources III (Hibernia), announced today results from digitized completion operations during 2020.
Hibernia deployed Cold Bore Technology’s SmartPAD across 100% of its 2020 operations. Using a combination of sensors and proprietary state detection algorithms, the SmartPAD tracks operations directly at the wellhead and connects all onsite service companies to a trusted source of formatted and timestamped operational data.
With high resolution digital data coming from wellhead sensors, onsite teams are able to move away from traditional verbal communications and manual data recording and track and refine operations in real time.
During the 2020 campaign, due to a gap in operations, Hibernia was forced to swap several crews out. While this type of disruption would typically result in some short-term efficiency losses, through the gathering of high-resolution operational data, Hibernia was able to refine, enhance and repeat effective processes. These processes were able to be replicated and exceed efficiencies even when swapping crews became a necessity.
For operations relying on manual data gathering processes, swapping crews during an operational gap will commonly result in lagging trends that make recovering efficiencies far more challenging and time consuming.
“Throughout the year, our goal has been to consistently drive our internal teams and the trusted group of service companies we work with to refine our processes and advance how we operate as a unit,” said John Blevins, COO Hibernia. “We have dedicated ourselves to tracking and capturing previously invisible lost time. The improvements in efficiency and resulting cost savings we, together with our service company partners, have been able to drive through having access to real time digital data have been notable.”
Across Hibernia’s six pads in 2020, the company:
Brett Chell, President at Cold Bore Technology said, “In the past, we’ve seen high commodity prices disincentivize innovation. In today’s tight market innovative operators like Hibernia are finding ways to reduce costs and augment the performance of their operations. Digitization is the foundation on which numerous improvements and efficiencies can be built. Companies achieving quantifiable results today will be the winners of tomorrow.”
Hibernia was able to effectively work with its service partners to better understand their operations to ensure that all services on location exceeded project goals. Services engaged with Hibernia during this successful 2020 campaign include: FTS International, PerfX Wireline and Total Sand Solution (TSS).
About Cold Bore
Cold Bore Technology Inc. (“Cold Bore”) is a global leader in completion optimization technology, developing the first Completions Operating System through Cold Bore’s SmartPAD service.
For more information, please visit - https://www.coldboretechnology.com/
About Hibernia Resources
Hibernia Resources III, LLC is an acquisition and development company focused on the exploration, growth and production of oil and natural gas assets.
For more information, please visit - http://www.hiberniaresources.com/
Josh Stanbury
+1-416-628-7441
This email address is being protected from spambots. You need JavaScript enabled to view it.
FT. MYERS, Fla.--(BUSINESS WIRE)--As part of a continued effort to develop qualified marine technicians, Yamaha Marine and the Marine Industries Association of Southwest Florida and Tampa Bay (MIA of SWFL&TB) teamed up to help provide the funding and equipment to make it possible for Ft. Myers Technical College (FMTC) to offer Yamaha’s new Maintenance Certification Program (MCP) to students during the 2020/2021 school year. MIA of SWFL&TB contributed $10,000 toward the four modules of curriculum, and Yamaha donated an F300 V6 outboard for hands-on instruction in the classroom.
“Like Yamaha, the MIA of SWFL&TB is dedicated to creating solid paths for marine technician career development,” said Gregg Snyder, Marine Training Department Manager, Yamaha U.S. Marine Business Unit. “Ft. Myers Technical College has a long history of providing exceptional instruction to students who choose to pursue careers as marine technicians. We applaud their efforts to work with Yamaha Marine and the Marine Industries Association to bring the four comprehensive modules of Yamaha’s Maintenance Certification Program to the college. Technicians who complete the program will enter the workforce prepared for success.”
Ft. Myers Technical College is a long-standing, active participant in Yamaha Marine’s Technical School Partnership (TSP) program. Launched in 2015, Yamaha’s TSP program aims to develop a stronger marine technician workforce through a certified curriculum, Yamaha systems access and product donations used in the classroom for hands-on training. Yamaha Marine’s TSP program reached its 100th member milestone in October of 2020.
“We’ve been part of the TSP program since the beginning, and our placement rate for students who complete the Marine Service Technologies program is close to 100 percent. Hands-on experience is a vital part of a technician’s training and, through these donations, MIA of SWFL&TB and Yamaha are helping us provide the best training in the industry,” said Mike Esterline, Marine Service Technologies Instructor and Department Chair for Specialized Mechanics at FMTC. “Technicians in our area of the state are in greater demand than ever before as we have one of the highest rates of boats per capita in the country. Dealers here know technicians who complete Yamaha certification courses through our school are well versed in product knowledge and ready for real-world scenarios. We greatly appreciate the support from the MIA of SWFL&TB and Yamaha as we work to build a strong marine technician workforce.”
Yamaha Marine makes a wide variety of sponsored curricula available to technical school partners for use in the classroom. The first curriculum, titled “Introduction to Outboard Systems,” (ITOS) includes textbook materials and hands-on learning experiences for students who wish to start a career as a marine industry technician. Students who successfully complete the course receive Yamaha Marine’s Introduction to Outboard Systems Certification. ITOS is a pre-requisite for Yamaha’s new Maintenance Certification Program (MCP), which is based on the 20, 100, 300, 500 and 1,000-hour maintenance procedures for Yamaha Outboards. MCP students will leave the Yamaha Technical School Partner with certified maintenance competencies that prepare them to be immediately profitable in Yamaha dealership service departments. Yamaha dealerships can take them on as apprentices or full-time technicians to help them continue to develop their skills.
“Yamaha has a great, dependable, high-quality product. For technicians in this area of the state, in-depth knowledge of Yamaha outboards is a must,” continued Esterline. “The fact that these new technicians can get this kind of certification locally through our school is a huge benefit for dealers in the area. We’re even planning a co-op program with several local dealers to allow their technicians to participate in Yamaha’s MCP program at night next year. The effort Yamaha and the MIA of SWFL&TB board put toward technician development in this industry is more than commendable.”
For more information about the Yamaha Technical School Partnership program, please visit ymutechs.com or contact This email address is being protected from spambots. You need JavaScript enabled to view it..
Yamaha Marine products are marketed throughout the United States and around the world. Yamaha Marine U.S. Business Unit, based in Kennesaw, Ga., supports its 2,400 U.S. dealers and boat builders with marketing, training and parts for Yamaha’s full line of products and strives to be the industry leader in reliability, technology and customer service. Yamaha Marine is the only outboard brand to have earned NMMA®’s C.S.I. Customer Satisfaction Index award every year since its inception.
REMEMBER to always observe all applicable boating laws. Never drink and drive. Dress properly with a USCG-approved personal floatation device and protective gear.
© 2020 Yamaha Motor Corporation, U.S.A. All rights reserved.
This document contains many of Yamaha's valuable trademarks. It may also contain trademarks belonging to other companies. Any references to other companies or their products are for identification purposes only and are not intended to be an endorsement
Melissa Boudoux
Communications Manager
Yamaha U.S. Marine Business Unit
Office: (770) 701-3269
Mobile: (404) 381-7593
This email address is being protected from spambots. You need JavaScript enabled to view it.
Neal Wheaton
Wilder+Wheaton for
Yamaha U.S. Marine Business Unit
Mobile: (404) 317-0698
This email address is being protected from spambots. You need JavaScript enabled to view it.
DENVER--(BUSINESS WIRE)--#energy--The Western States and Tribal Nations (WSTN) Natural Gas Initiative applauds Sempra Energy’s announcement today that its subsidiary ECA Liquefaction, reached a final investment decision (FID) for the development, construction and operation of the Energía Costa Azul LNG Phase 1 natural gas liquefaction-export project in Baja California, Mexico.
“As the only LNG export project in the world to reach FID in 2020, we see this announcement as an important step towards helping our Asian allies bolster their energy security and meet shared environmental priorities,” said Andrew Browning of WSTN. “This significant milestone will help to connect abundant natural gas supplies from the western U.S. directly to countries across Asia where energy demand is soaring from manufacturing and economic growth – all while helping to lower global emissions by developing and offering lower-emitting fuel alternatives to growing international markets.”
“With the U.S. leading the world in cutting emissions, WSTN is pleased this project will serve as an opportunity for Rockies-produced energy resources to help expand trade and infrastructure development that will help communities – in the U.S. and Asia- to thrive both economically and environmentally,” said WSTN Chairman Jason Sandel. “Thankfully, the comparative advantage of using natural gas from the western U.S. will enable Energía Costa Azul to become a major North American west coast energy export hub to countries across Asia who are eager for access to lower-emitting fuels.”
Earlier this year, WSTN members sent a letter to Mexico’s Energy Minister Nahle to express support for the 20 Year Export Permit Application for the Costa Azul LNG project.
About Western States and Tribal Nations
Western States and Tribal Nations is a unique, trans-national initiative led by, state, sovereign tribal nation and county governments focused on creating rural economic development, advancing tribal self-determination and reducing global emissions by exporting western North American natural gas to international markets that need lower-emitting fuels.
Bryson Hull
P: 202-657-2855
This email address is being protected from spambots. You need JavaScript enabled to view it.
HOUSTON--(BUSINESS WIRE)--Waste Management, Inc. (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.545 per share payable Dec. 18, 2020 to stockholders of record on Dec. 4, 2020.
ABOUT WASTE MANAGEMENT
Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America. Through its subsidiaries, the Company provides collection, transfer, disposal services, and recycling and resource recovery. It is also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States. The Company’s customers include residential, commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management, visit www.wm.com.
Waste Management
Website
www.investors.wm.com
Analysts
Ed Egl
713.265.1656
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media
Janette Micelli
602.579.6152
This email address is being protected from spambots. You need JavaScript enabled to view it.
sPower owners, AES and AIMCo, announce agreement to merge sPower with AES’ US clean energy business
SALT LAKE CITY--(BUSINESS WIRE)--sPower, a leading renewable energy Independent Power Producer (IPP), announced an agreement by the Company’s owners, The AES Corporation (NYSE: AES) and Alberta Investment Management Corporation (AIMCo), to merge with AES’ US-based clean energy development business. AES’ wholly-owned clean energy development business includes AES Distributed Energy and a wind development team formerly part of Advance Energy. The merged business will represent one of the top renewables growth platforms and be focused on accelerating the safe, reliable transition to cleaner energy solutions in the US.
As states, communities and organizations of all types make commitments and plans to reduce their carbon footprints, renewables are on track to be the fastest-growing source of electricity generation in the US in 2020. The merged sPower and AES clean energy business will work with its customers to co-create and deliver the smarter, greener energy solutions that meet their needs, including 24/7 carbon-free energy.
"We share our customers’ commitments to a more sustainable energy future. Together, we can create a safe, resilient and carbon-free grid," said Andrés Gluski, AES President and Chief Executive Officer. "The merger of sPower with AES’ clean energy business will benefit customers by providing access to a broader portfolio of product offerings as well as an expanded highly skilled and experienced team to drive innovation at scale."
“sPower has been one of our key infrastructure platforms since our initial investment made in partnership with AES in 2017,” stated Kevin Uebelein, Chief Executive Officer of AIMCo. “Our experience working with AES has shown that they are a world leader in delivering on customers’ sustainable energy needs, and the formation of this new renewables platform in the US will take that capability to an even higher level. On behalf of our clients and consistent with our investment mandate, we are excited about the value the next phase of our partnership will bring to our many stakeholders.”
The merged renewables platform will bring together sPower’s and AES’ differentiated capabilities in solar, wind and energy storage to accelerate our customers’ energy transitions.
“The leading renewables platform that sPower is today is a testament to the hard work of our people and the partnership we’ve had in place with AES and AIMCo,” said Ryan Creamer, CEO of sPower. “As sPower merges with AES’ clean energy business in the US, we look forward to continuing to power our customers’ energy transitions in ways that also benefit the communities we operate in and our industry. I am excited to help transition the team to AES by the end of the year.”
Future projects developed from the combined 12 gigawatts (GW) development pipeline will be owned 75% by AES and 25% by AIMCo, leveraging our successful partnership at sPower. Although there is no change in ownership of operating assets and backlog, the newly formed platform will manage the 2.5 GW of operating assets and the existing 2.6 GW contracted backlog. The transaction is expected to close in the next few months upon successful completion of customary closing conditions.
About sPower:
Headquartered in Salt Lake City, Utah, sPower is a leading independent power producer (IPP) that owns and operates a wind, solar, and storage portfolio of nearly 2,000 megawatts. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a Fortune 500 global power company, and the Alberta Investment Management Corporation (AIMCo), one of Canada’s largest and most diversified institutional investment managers.
Visit www.spower.com, or follow up on social media @sPower_US to learn more.
About AES
The AES Corporation (NYSE: AES) is a Fortune 500 global energy company accelerating the future of energy. Together with our many stakeholders, we’re improving lives by delivering the greener, smarter energy solutions the world needs. Our diverse workforce is committed to continuous innovation and operational excellence, while partnering with our customers on their strategic energy transitions and continuing to meet their energy needs today. For more information, visit www.aesrenewablejobs.com.
About AIMCo
AIMCo is one of Canada’s largest and most diversified institutional investment managers with more than $115 billion of assets under management. AIMCo was established on January 1, 2008 with a mandate to provide superior long-term investment results for its clients. AIMCo operates at arms-length from the Government of Alberta and invests globally on behalf of 31 pension, endowment and government funds in the Province of Alberta.
AIMCo’s Infrastructure and Renewable Resources group manages a portfolio of nearly $10 billion in infrastructure investments, comprised primarily of long-term equity positions in OECD-based infrastructure assets. These assets typically provide essential services to the public and are either regulated or have highly contracted revenues with the potential for long-term capital appreciation. AIMCo infrastructure investments are intended to match long duration real return asset characteristics with inflation-indexed pension liabilities.
For more information on AIMCo please visit www.aimco.ca.
sPower
Lara Hamsher
2180 South 1300 East, Suite 600, Salt Lake City, UT 84106
This email address is being protected from spambots. You need JavaScript enabled to view it.
Joint Effort Established Supporting Western States to Accelerate Green Hydrogen Production, Infrastructure, and Seasonal Energy Storage
BERKELEY, Calif.--(BUSINESS WIRE)--#ChangeInPower--At the Green Hydrogen Visions for the West Virtual Conference, a joint coalition spearheaded by the National Association of State Energy Officials (NASEO), the Western Interstate Energy Board (WIEB), and the Green Hydrogen Coalition (GHC) today announced the launch of the Western Green Hydrogen Initiative (WGHI) with the support of Mitsubishi Power.
WGHI is a public-private partnership to assist interested states and partners in advancing and accelerating deployment of green hydrogen infrastructure in the Western region for the benefit of the region’s economy and environment. The initiative will include engagement of interested Western states and two Canadian provinces. The WGHI will serve as the steering committee to assist in the development of a regional green hydrogen strategy, including the development of large-scale, long-duration green-hydrogen-based renewable energy storage.
Green hydrogen is a domestically produced, carbon-free resource that can increase the West’s energy reliability and independence, and create and repurpose jobs. Green hydrogen can help avoid uneconomic grid buildout, prevent renewable curtailment, repurpose existing infrastructure, reduce greenhouse gases and air pollution, reduce agricultural and municipal waste, and diversify fuels for multiple sectors from steel production to aviation. Until now, green hydrogen development in the West has been minimal. However, falling costs and increased deployment of variable renewable energy generation has spurred interest in green hydrogen from diverse stakeholders including investors, utilities and environmentalists. To enable investments at scale, green hydrogen must be compensated for the many benefits it provides.
“States have a critical role in creating market guidance that allows green hydrogen to be appropriately valued for its many benefits. Through the WGHI, interested Western states will be assisted in building the market fundamentals required for greater investment and a more integrated, higher-performing grid,” states David Terry, Executive Director at NASEO.
“As we saw this past summer, dependable dispatchable electric generating capacity is an important element of electric system reliability in the West,” observes Maury Galbraith, Executive Director of WIEB. “Green hydrogen is a promising fuel source that can contribute to maintaining electric system reliability while not compromising on meeting the aggressive clean energy goals of the Western states. The WGHI will provide a forum for moving forward on these important goals.”
Paul Browning, President and Chief Executive Officer of Mitsubishi Power Americas, adds, “For the past two decades, the carbon intensity of power generation in the Western United States has fallen as coal-fired power generation has been replaced by a combination of natural gas and renewables. To achieve the next phase of decarbonization in the West, we will need more renewables, energy storage, and green hydrogen. We’re proud to support the Western Green Hydrogen Initiative because we believe that green hydrogen is an essential technology to achieve net zero carbon emissions in the power sector.”
“The Green Hydrogen Coalition is proud to help launch this initiative that is vital in moving us towards a carbon-neutral future,” states Dr. Laura Nelson, Executive Director of GHC and former Energy Policy Advisor to the Governor of Utah. “As a clean resource for multiple diverse sectors, green hydrogen is the new clean strategic fuel for everyone. With all of the challenges we have been facing in the West, we must work quickly.”
Specifically, the WGHI will
To learn more about the Western Green Hydrogen Initiative or to become a supporter, visit www.WesternGHI.org.
About National Association of State Energy Officials (NASEO)
NASEO is the only national non-profit association for the governor-designated energy officials from each of the 56 states and territories. Formed by the states in 1986, NASEO facilitates peer learning among state energy officials, serves as a resource for and about state energy offices, and advocates the interests of the state energy offices to Congress and federal agencies.
About Western Interstate Energy Board (WIEB)
The Western Interstate Energy Board is an organization of 11 Western States and two Western Canadian Provinces. The legal basis of the Energy Board is the Western Interstate Nuclear Compact (Public Law 91-461). The governor of each state and the premier of each province appoints a member to the Board. The Compact provides for the President of the United States to appoint an ex-officio member to the Board.
About Green Hydrogen Coalition (GHC)
The Green Hydrogen Coalition (GHC) is an educational 501(c)3 non-profit organization dedicated to building top-down momentum for green hydrogen projects that leverage multi-sector opportunities to simultaneously scale supply and demand. Visit www.ghcoalition.org.
About Mitsubishi Power Americas, Inc.
Mitsubishi Power Americas, Inc. employs more than 2,000 power generation, energy storage, and digital solutions experts and professionals. Our employees are focused on empowering customers to affordably and reliably combat climate change while also advancing human prosperity. Our power generation solutions include natural gas, steam, aero-derivative, geothermal, distributed renewable technologies, environmental controls, and services. Energy storage solutions include green hydrogen and battery energy storage systems. Mitsubishi Power also offers digital solutions that enable autonomous operations and maintenance of power assets. Mitsubishi Power is a part of Mitsubishi Power, Ltd., a wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI). For more information, visit the Mitsubishi Power Americas website and our Change in Power website, and follow us on LinkedIn.
Melanie Davidson
Director of Marketing
Green Hydrogen Coalition
This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: +1 (510) 296-0416
Sharon Prater
Marketing Communications Manager
Mitsubishi Power
This email address is being protected from spambots. You need JavaScript enabled to view it.
Phone: +1 (407) 688-6200
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.
Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.