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  • June 24, 2021 1:00 PM | EMA Staff (Administrator)

    (June 24, 2021) - PSEG today accelerates its net-zero ambitions by launching a three-pronged 2030 climate vision that extends across its business. The PSEG climate vision marks one of the first and most aggressive net-zero 2030 visions set by a large utility and power generator and comprises three pillars: 

    1. Net-zero emissions for PSEG operations, including PSE&G’s utility operations (scopes 1 and 2);
    2. 100% greenhouse gas- (GHG), carbon-free power generation; and 
    3. Significant contributions to regional economy-wide decarbonization. 

    Read more here:

  • June 23, 2021 10:00 AM | EMA Staff (Administrator)

    (June 23, 2021) - Mercuria, one of the world’s largest integrated independent energy and commodities trading companies, announced today that it has acquired a significant minority equity position in TechMet, a private company dedicated to building world class projects that produce, process and recycle “technology metals” critical to electric vehicles (EVs), renewable energy systems and energy storage.

    The announcement comes as part of Mercuria’s larger corporate strategy and commitment to increased investments in the energy transition.

    Read more here:

  • June 23, 2021 9:00 AM | EMA Staff (Administrator)

    (June 23, 2021) - The shift toward “net zero” is on. Reaching aspirational goals to stave off the worst of global warming requires a multifaceted approach that includes one critical pathway that is sometimes mentioned but often underestimated- carbon offsets.

    The good news is the design and use of offsets has been proven over the past nearly 20 years, providing a host of benefits that complement, not substitute for a company’s efforts to cut emissions internally. Actions such as stopping deforestation and restoring agricultural soils are not optional but a requirement to stabilize the climate. 

    Read more here:

  • June 23, 2021 8:00 AM | EMA Staff (Administrator)

    (June 23, 2021) - Earlier this month, Enbridge Inc.’s Texas Eastern Transmission unit (TETCO) announced that its natural gas pipeline from Pennsylvania to Mississippi could be operating at reduced pressure until late third quarter, reducing flow to nearly 1 bcf per day, down from 1.9 bcf per day in May.

    This news came along with increasing temperatures for the 5-day forecast with increased cooling demand expected, especially in the West and Texas. Traders have been focused on the logistical concerns to meet increasing demand and prices have reached their highest level in more than 7 months.

    Read more here:

  • June 21, 2021 8:00 AM | EMA Staff (Administrator)

    (June 21, 2021) - Today, Mercuria Energy Trading (“Mercuria”) and N+P Group B.V. (“N+P”) announced a strategic partnership that will inject significant growth capital in N+P and allow for the development of new alternative fuels production facilities. As a part of the deal, Mercuria is acquiring a strategic equity stake in N+P. The Jennissen Family will continue to hold the majority of the shares in N+P, while allowing for Mercuria’s stake to be increased in the near-term.

    The deal is aligned with N+P and Mercuria’s larger corporate strategy of focusing on the global energy transition, which includes investing in high quality alternative fuels produced from non-recyclable waste streams.

    Read more here:

  • June 17, 2021 8:00 AM | EMA Staff (Administrator)

    (June 17, 2021) - As part of a long-term goal to reduce energy expenses, the Monroe County Water Authority (MCWA) today announced plans to install a five megawatt (MW) solar energy array on its existing property at the corner of Penfield Rd. and Watson Hulbert Rd. in the Town of Penfield.

    Construction started this week and is expected to be completed by the end of the year. The array will benefit MCWA customers by using clean, sustainable energy to offset its power bills and also help New York State achieve its clean energy targets including generating 70 percent of its electricity through renewable resources by 2030.

    Read more here:

  • June 15, 2021 9:30 AM | EMA Staff (Administrator)

    (June 15, 2021) - Cities and utilities across the country are progressively adopting or increasing stormwater fees as a means to generate funding for capital projects related to mitigating surface runoff, treating runoff, or separating stormwater drains from the sanitary sewer system.

    Oftentimes, stormwater fees are assessed based on the area (square feet) of impervious surface and come in a variety of names such as rain tax, drainage fee, stormwater fee, or impervious tax.

    Regardless of the label, impervious areas create runoff, deplete groundwater recharge, spread pollutants, and have other negative effects on the environment which is why cities require funding to mitigate the impact.

    Read more here:

  • June 14, 2021 9:00 AM | EMA Staff (Administrator)

    (June 14, 2021) - As part of our ongoing commitment to ESG, we are hosting a webinar on Thursday 17 June 2021 ‘Decarbonising the global energy system and why it might happen faster than you think,’ with Dr Matt Ives from the University of Oxford.

    This highly relevant topic is part of Marex’s ESG collaboration with the University of Oxford.

    Read more here:

  • June 14, 2021 8:00 AM | EMA Staff (Administrator)

    (June 14, 2021) - 3Degrees, a leading global provider of climate solutions, today announced that Dr. Malcolm Fabiyi has been appointed Chief Operating Officer, a new position within 3Degrees.

    In his new role, Fabiyi will work closely with 3Degrees’ executive leadership team and the recently expanded board of directors and advisory board

    Read more here:

  • June 08, 2021 8:00 AM | EMA Staff (Administrator)

    (June 08, 2021) - Energy markets and deregulation have seen changes over the years, but one thing has not; the need for a strategy vs. just being a price taker in the market. 

    Over the past 15-years, strategies implored have changed, but the need for one definitely has not. Flying by the seat of your pants can produce some of the lowest prices available, but it can also be very costly.  It is especially costly in the case of natural disasters that can affect short and long-term energy pricing.  Let me provide an example or two.

    Read more here:

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