Association Members Operate District Energy Systems

District Energy

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Looking out across the changing energy landscape, it is exciting to observe a growing awareness and greater appreciation for district energy. Planners, policy makers and energy professionals from around the world are recognizing district energy as a proven, community-scale solution to enhance energy security, stimulate local economic development, and deliver more sustainable, lower-carbon energy services. District energy is gaining ground through more than simple window-dressing of government-subsidized demonstration projects, but through honest-to-goodness policy engagement designed to generate real industry growth. Around the globe, and especially here in the U.S., district energy systems are now increasingly seen as effective investments for optimizing combined heat and power or tapping indigenous energy resources such as surplus industrial waste heat and renewa... (more)

Thermal Energy Storage

NEW YORK, Sept. 3, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Thermal Energy Storage http://www.reportlinker.com/p0961714/Thermal-Energy-Storage.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Renewable_energy Thermal Storage for HVAC in Commercial Buildings, District Cooling and Heating, Utility and Grid Support Applications, and High-Temperature Storage at CSP Facilities Thermal energy storage (TES) is an often unrecognized but important component of the developing market for energy storage systems. Most often used to provide cooling capacity for commercial buildings, TES systems are also increasingly seen as an effective means of shifting electricity use from daytime peak periods into less expensive periods of the day or at night, saving money and increasing overall system efficiency. Newer... (more)

Analyzing Renewable Energy in the United States

NEW YORK, July 4, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Analyzing Renewable Energy in the United States http://www.reportlinker.com/p01497377/Analyzing-Renewable-Energy-in-the-United-States.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Renewable_energy There is no doubt that the United States is a torch bearer in the renewable energy industry. In fact, 11.14 percent of the electricity produced in the US in the first six months of 2010, came from renewable energy resources itself. The US was the largest producer of electricity from wind power, solar power and geothermal sources in 2009, coming in second to China in the overall production of renewable energy. The US has one of the largest wind power installed capacities in the world, enough to provide nearly 10 million households across the ... (more)

Fortis Earns $54 Million in Second Quarter

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 08/01/13 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) achieved second quarter net earnings attributable to common equity shareholders of $54 million, or $0.28 per common share, compared to $62 million, or $0.33 per common share, for the second quarter of 2012. For the first half of 2013, net earnings attributable to common equity shareholders were $205 million, or $1.06 per common share, compared to $183 million, or $0.97 per common share, for the first half of last year. On June 27, 2013, Fortis closed the acquisition of CH Energy Group, Inc. ("CH Energy Group") for approximately US$1.5 billion, including the assumption of US$518 million of debt on closing. The net purchase price of the acquisition was financed using proceeds from a $601 million common equity offering and drawings under the Corp... (more)

Fortis Earns $318 Million in 2011, Delivers Record Earnings for 12th Consecutive Year, Completes Record $1.2 Billion Annual Capital Program

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 02/09/12 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) achieved net earnings attributable to common equity shareholders of $318 million, or $1.75 per common share, up $33 million, or $0.10 per common share, compared to $285 million, or $1.65 per common share, for 2010. Increased investment in energy infrastructure at the utilities in western Canada and the $11 million after-tax, or $0.06 per common share, fee paid to Fortis in July 2011, following the termination of the Merger Agreement with Central Vermont Public Service Corporation, were the primary drivers of earnings growth. Fortis increased its quarterly common share dividend to 30 cents from 29 cents, commencing with the first quarter dividend payable on March 1, 2012, which translates into an annualized dividend of $1.20. Fortis has raised it... (more)

Macquarie Infrastructure Company Reports First Quarter 2005 Financial Results

NEW YORK, May 16 /PRNewswire-FirstCall/ -- Macquarie Infrastructure Company (the "Company" or "MIC") announced the consolidated results of its operations for the quarter ended March 31, 2005, reflecting solid performance from all operating businesses and investments. Revenues for the period were $65.7 million. The Company generated cash from operations during the period of $9.8 million and received $686,000 in principal repayments on a subordinated loan to Yorkshire Link ("YLL"). The Company reported a Net Loss of $83,000 or $0.003 per share. EBITDA (earnings before interest, taxes, depreciation and amortization) was $12.9 million for the quarter. For a reconciliation of Net Loss to EBITDA, please see the last page of this release. The Company has included EBITDA, a non-GAAP financial measure, on both a consolidated basis as well as for each segment as it considers... (more)

Mantra Venture Group announces strategy for 2010

SEATTLE, WA, Jan. 13 /PRNewswire-FirstCall/ - Mantra Venture Group Ltd. ('Mantra', OTCBB:MVTG, FSE,5MV) is please to provide a brief summary of progress made in 2009, and an outline of the corporate strategy for 2010. The past twelve months have been marked by a prolonged economic recovery - leaving many industries well below the previous highs. Fortunately for Mantra, the global effort of achieving a sustainable recovery has led to new-found stimulus packages that have placed a real emphasis on advancements in environmental sustainability. This has provided oxygen to "fuel the fire" for Mantra's carbon recycling ERC technology. The following is a summary of Mantra's achievements in 2009. Technical Advancements - The carbon recycling ERC technology now has a new cathode catalyst structure that has increased the reactor's efficiency to 90% from the previous 46%, and... (more)

Fortis Earns $48 Million in Third Quarter

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 11/01/13 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) achieved third quarter net earnings attributable to common equity shareholders of $48 million, or $0.23 per common share, compared to $45 million, or $0.24 per common share, for the third quarter of 2012. Year-to-date net earnings attributable to common equity shareholders were $253 million, or $1.27 per common share, compared to $228 million, or $1.20 per common share, for the same period last year. Results for the third quarter of 2013 were impacted by the Corporation's acquisition of CH Energy Group, Inc. ("CH Energy Group") on June 27, 2013 for US$1.5 billion, including the assumption of US$518 million of debt on closing. The net purchase price of the acquisition was initially financed using proceeds from a $601 million common equity offerin... (more)

Fortis Earns $315 Million in 2012

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwire) -- 02/07/13 -- Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS) achieved net earnings attributable to common equity shareholders of $315 million, or $1.66 per common share, for 2012 compared to $311 million, or $1.71 per common share, for 2011. "Our Canadian regulated utilities, led by strong growth at FortisAlberta, achieved approximately 11% growth in earnings year over year," says Stan Marshall, President and Chief Executive Officer, Fortis Inc. Earnings in 2012 were reduced by $7.5 million as a result of expenses related to the CH Energy Group, Inc. ("CH Energy Group") acquisition, while earnings in 2011 were favourably impacted by $11 million as a result of a merger termination fee paid to Fortis. Excluding these items, earnings to common equity shareholders were $322.5 million, or $1.70 per common shar... (more)

Electricity Experts at GridWeek Emphasize Smart Microgrid Advantages, Urge Action to Eliminate Barriers to Development

WASHINGTON, Sept. 24 /PRNewswire-USNewswire/ -- Small, localized versions of the centralized electricity system known as smart microgrids are indispensable to the development of a power grid that can meet our country's energy needs today and in the future. That was the message of the Galvin Electricity Initiative's session today at the GridWeek 2009 conference in Washington, D.C., where speakers urged policymakers to take action and eliminate barriers that prevent further implementation of these modernized distribution systems. During the session, John Kelly, deputy director of the Initiative, described smart microgrids as a way to maximize smart grid benefits for consumers and businesses. "Microgrids represent a new way of thinking about electricity service," Kelly said. "They offer the opportunity for utilities to partner with communities in designing and pla... (more)

Danfoss EnVisioneering(SM) Symposium Finds Converging Technologies Could Create New Opportunities for Energy Efficiency in New and Retrofit Buildings

WASHINGTON, DC -- (Marketwired) -- 07/09/14 -- Danfoss, a leading manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration, industrial and water systems, recently hosted its 21st EnVisioneering Symposium in Washington, D.C. The event, titled "The Decade Ahead: Trigger Points to Efficiency," assembled executives in the HVAC and related industries, as well as leaders in research and business, to discuss the future of energy efficiency in new and retrofit buildings. Specifically, the symposium outlined the converging technologies and trends that could redefine the way energy is used in buildings and reshape the role of the traditional electric utility. "Energy efficiency is the first fuel and the cheapest, fastest way to meet our energy needs," remarked Senator Jeanne Shaheen during her keynote addr... (more)