Germany Sets Yearly Solar Power Record

With more than two months to go in 2020, the amount of photovoltaic energy produced has already exceeded that in 2019.

BERLIN, Oct. 27, 2020 /PRNewswire/ — (GTAI) – German energy provider Eon says that since the beginning of the year solar energy facilities have fed some 43 billion kilowatt hours of electricity into the national grid. That’s already around one billion kilowatt hours more than in all of 2019 and enough to cover the electricity needs of all private households in Germany twofold.

Eon added that all told renewable sources have been responsible for 195 billion kilowatt hours of energy fed into the grid thus far in 2020. The figure represents an increase of four percent over January to October 2019.

Germany’s prestigious Fraunhofer Institute for Solar Energy Systems (ISE) has also calculated that 2020 will be a record year for renewable energy in Germany. The institute says that from January through October renewables accounted for 52.5 percent of net public electricity production. In 2019, green power sources contributed 46 percent.

“These record achievements – together with recent commitments to green hydrogen and even more renewable energy production – are the cornerstones of the new ecological infrastructure that Germany will be building over the next decade,” says Germany Trade & Invest (GTAI) energy expert Tobias Rothacher. “We see a steady flow of innovative green industry players entering Germany as a manufacturing base to take advantage of the excellent market outlook here.”

Contact:
Jefferson Chase
Senior Manager
Corporate Communications

GERMANY TRADE & INVEST 
Follow us Twitter | LinkedIn | Xing | YouTube

T +49 30 200 099 170
jefferson.chase@gtai.com 
www.gtai.com

Germany Trade & Invest (GTAI) is the economic development agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up in Germany.

 

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Clean Energy Capitalist Shares Vision of a Green America

Melink Corporation CEO Releases “Fusion Capitalism” with ForbesBooksThis release is posted on behalf of ForbesBooks (operated by Advantage Media Group under license.)

NEW YORK, Oct. 27, 2020 /PRNewswire/ — Steve Melink, CEO of Melink Corporation, today announced the publication of Fusion Capitalism: A Clean Energy Vision for Conservatives. The book is published with ForbesBooks, the exclusive business book publishing imprint of Forbes.

In Fusion Capitalism, clean energy expert Steve Melink shares his vision of a clean energy future. In Melink’s view, the economy, national security, public health, and a sustainable environment are all inextricably linked to the world’s energy infrastructure – making the transition to alternative energy one of the greatest opportunities of the 21st Century. Sustainability, he argues, must become a core national value because it is fundamental to the future of America’s success.

“If America is to remain a world leader, we must rise to the new challenges and opportunities of our time,” said Melink. “Our values should demand a fresh take on our love affair with fossil fuels and the costs, risks, and liabilities they impose on society. If we don’t commit to the equivalent of a moon race on clean energy, we will cede our power and influence over to those more willing to adapt.”

Melink shares the story of his awakening on climate change, inviting readers to educate themselves without prejudice. As a lifelong conservative, he sees American capitalism, innovation, and leadership as strategic advantages to make the world safer, healthier, and more prosperous for future generations. 

Fusion Capitalism: A Clean Energy Vision for Conservatives is available on Amazon starting today.

About Steve Melink
Steve Melink is founder and CEO of Melink Corporation, a Cincinnati-based company providing energy efficiency and renewable energy solutions for commercial building owners. With over thirty years of experience, Steve is on the forefront of the Zero Energy Building movement.

Melink’s customers include some of the largest corporations and organizations in the world, including top U.S. universities.

About ForbesBooks
Launched in 2016 in partnership with Advantage Media Group, ForbesBooks is the exclusive business book publishing imprint of Forbes. ForbesBooks offers business and thought leaders an innovative, speed-to-market, fee-based publishing model and a suite of services designed to strategically and tactically support authors and promote their expertise. For more information, visit forbesbooks.com.

Media Contacts
Allison Sternad, Melink Corp, asternad@melinkcorp.com
Courtney Morrill, ForbesBooks, cmorrill@advantageww.com

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Renewable Energy Systems Power Long-Term Growth Potential for Global Battery Demand

CLEVELAND, Oct. 28, 2020 /PRNewswire/ — Though representing a relatively small share of total demand, battery storage in solar and wind energy systems is a key growth area in the $106 billion global battery market, with significant long-term growth opportunities expected as the technology takes hold and renewable energy generation expands:

  • Grid-scale energy storage holds particularly healthy prospects. This emerging battery market segment – which only began to be commercialized at a large scale in 2014 – is expected to see extremely rapid growth, albeit from a small base.
  • Rising use of solar and wind power will create an increased need for grid storage systems to manage energy load.
  • Demand for smaller-scale energy storage solutions will also expand as residential solar installations become more common.

Global Demand for Batteries if Forecast to Grow 8.1% Annually Through 2024

A new Freedonia Group analysis projects global demand for batteries to rise 8.1% per year through 2024 to $156 billion, driven primarily by expansion of the hybrid and electric vehicle (HEV) industry, which makes use of high-value lithium-ion batteries. Sales of batteries in a wide variety of consumer products will also increase as spending levels rise.

Want to Learn More?

Global Batteries is now available from The Freedonia Group. This study covers the global battery industry. Demand by product and market are presented in US dollars. For each country, product demand is presented for:

  • primary alkaline batteries
  • primary zinc-carbon batteries
  • primary lithium batteries
  • other primary batteries, including zinc-air, silver-oxide, nickel oxyhydroxide, and all other primary batteries
  • secondary lead-acid batteries
  • secondary lithium-ion batteries
  • secondary nickel-based batteries
  • other secondary batteries, such as sodium-nickel chloride, rechargeable alkaline, zinc-air, nickel-hydrogen, sodium-sulfur, silver-zinc, nickel-air, lithium-sulfur, aluminum-air, and zinc bromine

Totals for primary and secondary battery demand in each country are segmented into:

  • automotive OEM (including for conventional and hybrid/electric vehicles)
  • automotive aftermarket (including for conventional and hybrid/electric vehicles)
  • consumer OEM
  • consumer replacement
  • other markets (e.g., motive power, UPS systems, telecom backup systems, aerospace and defense, energy storage)

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group

Reading Wind Facility in Kansas is Operational

ATLANTA, June 22, 2020 /PRNewswire/ — Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, today announced that the 200-megawatt (MW) Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational.

This project, Southern Power’s eleventh wind facility, is the first to be validated as a carbon offset project under the Verified Carbon Standard Program through an agreement with Royal Caribbean Cruises Ltd. (NYSE: RCL).

This initiative, which is expected to annually offset more than 10 percent of Royal Caribbean’s emissions, is the latest addition to that company’s extensive sustainability efforts, which include programs to reduce greenhouse gas emissions through innovations at sea and in port.

“Reading Wind Facility is our first wind project in the state of Kansas, and we are pleased to see this project achieve commercial operation,” said Southern Power President Bill Grantham. “The addition of this facility showcases our commitment to the development of wind energy and is an excellent addition to our growing renewable fleet.”

The carbon offsets generated by the Reading Wind Facility are being sold to Royal Caribbean under a 12-year power purchase agreement. These carbon offsets are certified with Verra using the Verified Carbon Standard Program, the world’s most widely used voluntary greenhouse gas program.

Reading Wind Facility consists of 62 wind turbines manufactured by Siemens Gamesa. Siemens Gamesa is responsible for the annual maintenance service plan and providing qualified personnel to support the 20-year Long Term Program (LTP) that covers all up-tower maintenance. Southern Power will perform the balance of onsite plant operations and maintenance. Southern Power’s Remote Operation Center is responsible for 24-hour monitoring and responding to Southwest Power Pool operational instruction.

Southern Power acquired Reading Wind Facility in August 2018. Renewable Energy Systems (RES) served as the developer and constructor of the site, which created 200 jobs at peak construction.

Southern Power’s wind portfolio consists of more than 2,100 MW of wind generation. Southern Power’s wind facilities are a part of the company’s 4,510-MW renewable fleet, which consists of 41 solar and wind facilities operating or under construction. 

About Southern Power

Southern Power, a subsidiary of Southern Company, is a leading U.S. wholesale energy provider meeting the electricity needs of municipalities, electric cooperatives, investor-owned utilities and other energy customers. Southern Power and its subsidiaries, some of which are owned in part with various partners, own or operate 50 facilities operating or under development in 13 states with more than 11,920 MW of generating capacity in Alabama, California, Delaware, Georgia, Kansas, Maine, Nevada, New Mexico, North Carolina, Oklahoma, Texas, Washington and West Virginia.

About Southern Company

Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Forbes and the Women’s Choice Award. To learn more, visit www.southerncompany.com.

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SOURCE Southern Power

Deloitte Study: The Great Compression: Implications of COVID-19 for the US Shale Industry

Second quarter earnings to bring a surge of asset impairments, which could accelerate insolvencies and spur deep industry consolidation in 2020

NEW YORK, June 22, 2020 /PRNewswire/ —

Key takeaways:

  • Fifteen-year U.S. shale boom entering period of “great compression.”
  • Vulnerable shale operators hit hard by COVID-19, and heightening oil price volatility.
  • Looming $300 billion of impairments could spark bankruptcies and deep consolidation.
  • Buyers beware, only 27% of major operators make attractive acquisition or merger targets.

Why it matters
Prior to the pandemic, the U.S. shale industry in aggregate was losing money. Now simultaneously faced with a new normal of lower oil prices, reduced demand, capital constraints, heavy debt loads and COVID-led economic uncertainty, the industry is entering a period of “great compression.” Deloitte’s new study, “The Great Compression: Implications of COVID-19 for the US Shale Industry,” explains how present circumstances could trigger a deep consolidation in the U.S. shale industry and offers recommendations for operators to navigate the road ahead.

A $300 billion correction could be looming, 2Q inflection expected
According to the study, challenging oil market and economic conditions could prompt the shale industry in aggregate to impair or write-down the value of their assets by as much as $300 billion — with significant impairments expected in the second quarter of 2020. As a result, the leverage ratio of the industry could increase from 40% to 54%, potentially setting off a chain reaction of insolvencies and restructuring.

Approximately 30% of shale operators are technically insolvent at $35 per barrel
The study found nearly a third of today’s operators are technically insolvent with oil prices at $35 per barrel, and 50% at $20 per barrel. As asset impairments and write-downs increase debt ratios, an even greater number of companies could become at risk for bankruptcy.

The great compression could have lasting and domino effects
New telecommuting norms, regionalized trade and supply chains, a new fuel order, and stable business profile of new energies have fast-forwarded the specter of peak demand to the present. While a combination of global production cuts, easing of lockdowns worldwide, capex reductions and accelerated field decline rates have helped oil prices to recover from sub-zero levels, it remains to be seen if oil prices will return to $50 to $60 per barrel in 2020. As shale operators face these new realities, the reverberations could extend beyond the U.S. shale industry and have a domino effect across the oil and gas value chain.

Buyers beware, only 27% of major E&Ps identified as attractive acquisition targets
The study analyzed the operational and financial health of top U.S. shale operators and found that only 27% were “augmentors,” representing value-accretive targets for supermajors or large independents. Conversely, approximately 50% of major E&Ps were identified as “superfluous” or risky bets for potential buyers. The study found that any large acquisition or merger should be considered only if one plus one is greater than two, on both operational and financial fronts. A key question is what to buy and, more importantly, what not to buy.   

Key quotes
“The history of oil and gas is filled with periods of extensive consolidation. Following a 15-year boom, the U.S. shale segment appears to be next. As COVID-19 impacts amplify pressures on shale companies through 2020, a wave of impairments may prompt the deepest consolidation the industry has ever seen over the next six to 12 months.”    

Duane Dickson, vice chairman and U.S. oil, gas and chemicals leader, Deloitte LLP

“The short-term outlook for U.S. shale is undeniably challenging, but E&Ps should regard the great compression as a unique opportunity for reinvention. Selective consolidation among producers in the short-term can help revitalize the industry and better position it for the future. Especially as the energy transition moves forward, investment in big data, advanced digitalization and sustainability measures can be of paramount importance to long-term survival and success.”

Scott Sanderson, principal, oil and gas strategy and operations practice, Deloitte Consulting LLP

Challenges come with opportunity
The U.S. shale industry appears to be facing a test of historic proportions as they enter a period of “great compression.” However, these difficulties also present an opportunity for revitalization through rigorous operational diagnosis and experimentation. Beyond M&A, companies that effectively integrate meta-data analytics, sustainability measures and digital technologies into their business models might be the likeliest to successfully respond, recover and thrive.

Connect with us on Twitter at @Deloitte4Energy or on LinkedIn at Duane Dickson and Scott Sanderson.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people work across the industry sectors that drive and shape today’s marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthy society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Now celebrating 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s more than 312,000 people worldwide make an impact that matters at www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

 

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SOURCE Deloitte

Castleton Commodities International LLC Closes Renewal of $2.4 Billion Credit Facility

STAMFORD, Conn., June 22, 2020 /PRNewswire/ — Castleton Commodities International LLC (“CCI” or “the Company”) announced today the closing of a $2.4 billion committed borrowing base facility (the “Facility”).  The Facility consists of a $750 million 3-year tranche, a $1.15 billion 2-year tranche and a $500 million 364-day tranche.  The Facility also includes a $1.0 billion accordion which remains available to support future growth.

The proceeds will refinance CCI’s existing borrowing base facility signed in July 2019, fund general corporate purposes and provide letters of credit for the Company’s merchanting activities globally.

“The successful renewal of our borrowing base facility demonstrates the continued support of our banking partners despite the challenging market environment,” said Dan Hines, Chief Financial Officer of CCI.  “We are pleased that our facility was once again oversubscribed with CCI receiving nearly $3 billion in total commitments from a group of over 20 banks.”  

BNP Paribas, ABN AMRO Capital USA LLC, MUFG Bank, Ltd., Societe Generale, Citibank, N.A., Coöperatieve Rabobank U.A., New York Branch, Credit Agricole Corporate and Investment Bank and Natixis, New York Branch served as Joint Lead Arrangers and Joint Bookrunners for the Facility.  ING Capital LLC acted as Senior Managing Agent for the Facility.  CCI is also pleased to welcome Credit Suisse (Switzerland) Ltd. and Wells Fargo Bank, N.A. as Senior Managing Agents in the Facility this year.  BNP Paribas served as Global Coordinator and Administrative Agent for the Facility.

Cadwalader, Wickersham & Taft LLP served as counsel to the lenders.  Stroock & Stroock & Lavan LLP served as counsel to the borrower.

About Castleton Commodities International LLC

CCI is a global energy commodity merchant with integrated businesses focused on marketing, merchandising, and trading commodities, and the ownership, operation and development of commodities-related infrastructure and upstream assets.  Please visit our website for more information. http://www.cci.com

Media Contact:
Hill+Knowlton Strategies
Brian R. Brooks
+1 (713) 752-1901
brian.brooks@hkstrategies.com

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SOURCE Castleton Commodities International LLC

Albemarle Corporation to release second quarter 2020 earnings results on Wednesday, Aug. 5, 2020

Conference call to be held on Aug. 6, 2020, at 9:00 a.m. ET

CHARLOTTE, N.C., June 22, 2020 /PRNewswire/ — Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it will release its second quarter 2020 earnings after the NYSE closes on Wednesday, Aug. 5, 2020.

The company will hold its conference call to discuss second quarter 2020 results on Thursday, Aug. 6, at 9:00 a.m. ET. This call will be webcast and can be accessed through Albemarle Corporation’s website at http://investors.albemarle.com, via the webcast link below or by phone at the following number:

US Toll free:                   +1 844 347 1034
International direct:       +1 209 905 5910
Passcode:                      3673986
Webcast:                       Q2 Webcast Link

Due to the COVID-19 pandemic, teleconference providers globally are experiencing increases in conference call volume. To avoid registration wait times, participants are encouraged to use the webcast link as the primary listening source. If a caller is anticipating asking a question, please dial in 15 minutes before the start of the call to be placed in the queue early.

An online replay of this call will be available on Albemarle Corporation’s website (for 12 months) and by phone at the following number (for 7 days):

US Toll free:                   +1 855 859 2056
International direct:       +1 404 537 3406
Passcode:                      3673986

About Albemarle Corporation
Albemarle Corporation (NYSE: ALB), headquartered in Charlotte, N.C., is a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. We think beyond business-as-usual to power the potential of companies in many of the world’s largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.

We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K.

 

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SOURCE Albemarle Corporation

US International Trade Commission Issues Final Determination Confirming No Infringement of Hanwha Q-Cells’ Patent by REC Group

SAN MATEO, California, June 7, 2020 /PRNewswire/ — REC Group, an international pioneering solar energy brand with Scandinavian heritage, is pleased to report that on June 3, 2020, the United States International Trade Commission (ITC) issued a Final Determination that REC Group’s products do not infringe the asserted claims of Hanwha Q-Cells’ U.S. Patent 9,893,215 (‘215 patent). The Final Determination affirms the Initial Determination (Order No. 40) by the Administrative Law Judge (ALJ) dated April 10, 2020.

The Final Determination also terminated the investigation, which began when Hanwha Q-Cells filed a complaint in the ITC against REC Group, JinkoSolar and LONGi Solar in March 2019. The ITC found no violation by REC Group’s accused solar cells in REC TwinPeak panels based on clear differences between the cell structure claimed in the patent and REC Group’s accused products. Previously, the ALJ’s Initial Determination also confirmed that REC Group’s N-Peak and Alpha solar cell technologies do not infringe the asserted claims of the ‘215 patent.

Steve O’Neil, CEO of REC Group, the highly innovative solar panel manufacturer headquartered in Norway and with production sites in Singapore and Norway, comments: “Since the ITC investigation began, we have believed that Hanwha Q-Cells’ accusations against us were without technical and legal merits. We are pleased to be vindicated by the ALJ’s decision on summary determination earlier this year and the ITC’s affirmation of that decision now.”

Shankar G. Sridhara, CTO of REC Group, adds: “REC is committed to remaining ‘Solar’s Most Trusted’. For more than 23 years, REC has been empowering homeowners, businesses, and communities around the world with clean and affordable solar energy via our in-house invented, high-efficiency products. We will continue with that mission. Our customers and partners can rely on us to bring new and exciting pioneering technology to the market to support the global energy transitions.”

REC Group has been constantly setting the pace when it comes to high efficiencies, novel and here-to-stay products: The REC TwinPeak technology, introduced back in 2014, received multiple awards, including the prestigious Intersolar Award 2015. REC Group’s N-Peak, launched in June 2018, was the world’s first n-type TOPCon cell solar panel with mono half-cut cells and a twin panel design. In October 2019, REC Group started production of its 60-cell REC Alpha panel at an annual capacity of 600 MW. Combining innovative heterojunction cell technology with advanced interconnection technology and a patented panel design, the REC Alpha panel provides a significant power density of 217W/m2. In May 2020, REC Group kicked off the production of the REC Alpha 72-cell version reaching 450 Wp.  By providing around 20% more power than a conventional panel with 320 Wp, REC Alpha solar panels are perfectly suited for the rooftop segment and ground mount installations with space restrictions where system costs can be greatly compressed thanks to its high-power, helping to provide greater energy autonomy and combat climate change.

High-resolution pictures available for download in REC’s Image Gallery.

About REC Group:

REC Group is an international pioneering solar energy company dedicated to empowering consumers with clean, affordable solar power in order to facilitate global energy transitions. Committed to quality and innovation, REC Group offers photovoltaic modules with leading high quality, backed by an exceptional low warranty claims rate of less than 100ppm. Founded in Norway in 1996, REC employs 2,000 people and has an annual solar panel capacity of
1.8 GW. With over 10 GW installed worldwide, REC is empowering more than 16 million people with clean solar energy. REC Group is a Bluestar Elkem company with headquarters in Norway, operational headquarters in Singapore, and regional bases in North America, Europe, and Asia-Pacific.

Find out more at:
recgroup.com 
LinkedIn – https://www.linkedin.com/company/rec_  
Twitter – https://twitter.com/recgroupmedia  
Facebook – https://www.facebook.com/RECGroupSolar/  
Instagram – https://www.instagram.com/RECGroupSolar/

For further information please contact:
Agnieszka Schulze
Head of Global PR, REC Group 
Tel.: +49 89 4 42 38 59 39
E-mail: agnieszka.schulze@recgroup.com  

REC Solar EMEA GmbH
Leopoldstraße 175
80804 Munich, Germany
Managing Director: Cemil Seber

Court of Registration: Munich HRB 180306
VAT ID-No: DE266243545

 

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SOURCE REC Group

EPRI, E.DSO Bring Together Leading U.S. and European Electric Utilities Addressing COVID-19 Challenges and Path Forward

PALO ALTO, Calif., May 28, 2020 /PRNewswire/ — The Electric Power Research Institute (EPRI) and European Distribution System Operators (E.DSO) convened more than 250 European, U.S., and other international electric grid company leaders in panel-led discussions of experiences related to the novel coronavirus (COVID-19) pandemic and long-term recovery strategies during a joint webcast on May 27. Discussions focused on lessons learned and mitigations implemented, and potential system investments and research to enable a smarter, safer, and cleaner electric grid as a critical component of a more sustainable society.

Panel members were João Torres, CEO of EDP Distribuição; Okko Ziegler, Head of Market Studies, Global Infrastructure and Networks, ENEL Group; Chris Kelly, COO of National Grid U.S. Electric; and Terry Donnelly, President and COO of Commonwealth Edison. 

“The electric industry has reliably met customers’ energy needs at a time of unprecedented global challenges, due in large part to its commitment to share best practices and to open collaboration,” said EPRI Vice President of Integrated Grid and Energy Systems Daniel Brooks. “This webcast connected industry leaders across continents to learn about how others are addressing shared challenges during the pandemic, and together prepare for the future.”

“The global storyline of DSO has changed during this emergency. They have proven, especially in Europe, to be highly reliable, with excellent common security and safety standards, granting everybody active sockets and burning lamps. Still, the system has to be kept that way and further improved — anyway,” said Christian Buchel, E.DSO Chairman and Enedis Director Clients, Territories and Europe.

This panel discussion builds on a previous E.DSO webinar outlining approaches for dealing with COVID-19 and addressing opportunities in the green recovery.

For more information about EPRI’s COVID-19 response and research, please visit its COVID-19 information page.

About E.DSO
E.DSO, the European Distribution System Operators’ Association, is the key-interface between Europe’s DSOs and the European institutions, and promotes the development and large-scale testing of smart grid technologies in real-life situations, new market designs and regulation. E.DSO gathers 41 leading electricity distribution system operators (DSOs) in 24 countries, including 2 national associations, cooperating to ensure the reliability of Europe’s electricity supply for consumers and enabling their active participation in our energy system. How? By shaping smarter grids for your future.

About EPRI
The Electric Power Research Institute, Inc. (EPRI, www.epri.com) is a tax-exempt, non-profit organization, that conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public, on a non-discriminatory basis. An independent organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI’s members represent more than 90 percent of the electricity generated and delivered in the United States, and international participation extends to nearly 40 countries. EPRI’s principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; Dublin, Ireland; and Lenox, Mass.

Contact info
Donald Cutler
EPRI
dcutler@epri.com
650.847.8077

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SOURCE Electric Power Research Institute

FirstEnergy’s Appliance Recycling Program Set to Return in Pennsylvania

GREENSBURG, Pa., May 29, 2020 /PRNewswire/ — Customers of FirstEnergy Corp.’s (NYSE: FE) Pennsylvania utilities Metropolitan Edison (Met-Ed), Pennsylvania Electric Company (Penelec) and West Penn Power can receive $50 by recycling an old, working refrigerator or freezer when the utilities’ appliance recycling program resumes on June 1. The program had been suspended since March 18 due to the coronavirus health emergency.

The program allows customers to responsibly recycle inefficient appliances in an environmentally friendly way. Customers may also include a working air conditioner or dehumidifier along with a qualifying refrigerator or freezer to receive an additional $25.

A new, no contact pick-up process is in place to help protect health and safety by eliminating entry into homes and personal contact during the appointment. Pick-ups will be limited to appliances located outdoors or in a garage, driveway, porch or outbuilding. Customers can call 888-277-0527 or visit www.energysavePA.com to schedule a pickup.

“The Appliance Turn-in Program has been one of our most popular energy efficiency programs and we felt a responsibility to our customers to try and restart the program while taking the proper precautions,” said Nicole Williams, Manager of Energy Efficiency Residential Program Implementation at FirstEnergy. “Safety remains a top priority both for our contractors and customers as we restart the program.”

The pick-ups will be processed by third-party contractor ARCA, which specializes in providing turnkey appliance recycling and replacement services for utilities and other sponsors of energy efficiency programs. Customers can visit www.energysavePA.com to schedule an appointment and for a comprehensive list of all available energy efficiency programs.

Met-Ed serves about 560,000 customers within 3,300 square miles of eastern and southeastern Pennsylvania. Follow Met-Ed on Twitter @Met Ed and on Facebook at www.facebook.com/MetEdElectric.

Penelec serves nearly 600,000 customers within 17,600 square miles of northern and central Pennsylvania. Follow Penelec on Twitter @Penelec and on Facebook at www.facebook.com/PenelecElectric.

West Penn Power serves approximately 720,000 customers within 10,400 square miles of central and southwestern Pennsylvania. Follow West Penn Power on Twitter @W_Penn_Power and on Facebook at www.facebook.com/WestPennPower.

FirstEnergy is dedicated to safety, reliability and operational excellence.  Its 10 electric distribution companies form one of the nation’s largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company’s transmission subsidiaries operate approximately 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Visit FirstEnergy online at www.firstenergycorp.com and follow FirstEnergy on Twitter @FirstEnergyCorp.

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SOURCE FirstEnergy Corp.