Electric Highway

High-Voltage Transmission Grid Critical to Meeting Electric Vehicle Charging Demands, First-in-the-Nation Study Finds

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月曜日, 11月 14, 2022

Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in the next decade, finds a first-in-the-nation study released today.

Key Points: 
  • Electric vehicle (EV) charging needs along Massachusetts and New York highways will require interconnection to high-capacity transmission lines in the next decade, finds a first-in-the-nation study released today.
  • The Electric Highways Study can help utilities and policymakers make smarter decisions about electric grid interconnections and infrastructure, avoiding repeated upgrades and ensuring grid readiness does not hinder the clean energy transition.
  • The analysis included relevant electric vehicle sales goals and mandates in National Grid's home states considering scenarios where all light-duty vehicle sales are electric by 2035 and all medium-and heavy-duty vehicle (MHDV) sales are electric by 2045.
  • Existing transmission lines, which often mirror highway routes, provide a ready-made solution if highway charging sites can "plug-in" to the high-voltage transmission grid.

Seattle International Auto Show Drives into Lumen Field Event Center November 10-13

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月曜日, 10月 31, 2022

SEATTLE, Oct. 31, 2022 /PRNewswire-PRWeb/ -- The Seattle International Auto Show presented by BECU, drives into Lumen Field Event Center on Thursday, Nov. 10, and runs through Sunday, Nov. 13, 2022. Attendees once again will be able to compare hundreds of the latest and greatest vehicles side by side, sit in the driver's seats, inspect engines, experience new technologies, kick tires, and check trunk space. With more than 300 of the latest model cars, trucks, SUVs, crossovers, vans, electric vehicles, hybrids and exotics on display, there's something for everyone.

Key Points: 
  • The Seattle International Auto Show features 300+ new vehicles, ultra-high-end exotic vehicles, test drives, Electric Highway, BMW Horizon Art Car, Avants Then & Now display, KIds Zone, and more
    SEATTLE, Oct. 31, 2022 /PRNewswire-PRWeb/ -- The Seattle International Auto Show presented by BECU, drives into Lumen Field Event Center on Thursday, Nov. 10, and runs through Sunday, Nov. 13, 2022.
  • After more than 10 years out of the US market, Hummer is back with the GMC Hummer EV Edition 1.
  • The Seattle International Auto Show is owned by the Washington State Auto Dealers Association, which represents the state's 300 new car and truck dealers, and is produced by Steve Freeman Events.
  • The show is open to the public Thursday, Nov. 10 through Sunday, Nov. 13 at Lumen Field Event Center, 800 Occidental Avenue South, Seattle, WA 98134.

Georgia Power welcomes Hyundai Motor Group to Coastal Georgia

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金曜日, 5月 20, 2022

ATLANTA , May 20, 2022 /PRNewswire/ -- Georgia Power today joined with Governor Brian Kemp and the Georgia Department of Economic Development to celebrate the decision by Hyundai Motor Group to open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in the State of Georgia. The new state-of-the-art U.S. smart factory will be located at the more than 2,900-acre Bryan County Megasite, representing a $5.54 billion investment by Hyundai Motor Group, with non-affiliated Hyundai suppliers expected to invest approximately another $1 billion in the project, delivering approximately 8,100 new jobs to Georgia's coastal region.

Key Points: 
  • ATLANTA, May 20, 2022 /PRNewswire/ -- Georgia Power today joined with Governor Brian Kemp and the Georgia Department of Economic Development to celebrate the decision by Hyundai Motor Group to open its first fully dedicated electric vehicle (EV) and battery manufacturing facility in the State of Georgia.
  • Headquartered in Seoul, Korea, Hyundai Motor Group employs 250,000 people worldwide, with vehicles sold in 193 countries through 5,000 dealerships and showrooms.
  • "On behalf of Georgia Power, we welcome Hyundai Motor Group to Georgia today."
  • At the new Georgia highly connected, automated, and flexible EV smart factory, Hyundai Motor Group plans to produce a diverse range of innovative full electric vehicles.

Georgia Power welcomes Rivian to Georgia

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木曜日, 12月 16, 2021

ATLANTA, Dec. 16, 2021 /PRNewswire/ --Georgia Power today joined with Governor Brian Kemp and the Georgia Department of Economic Development to welcome Rivian a world-class electric sport utility vehicle and pickup company to Georgia.

Key Points: 
  • ATLANTA, Dec. 16, 2021 /PRNewswire/ --Georgia Power today joined with Governor Brian Kemp and the Georgia Department of Economic Development to welcome Rivian a world-class electric sport utility vehicle and pickup company to Georgia.
  • It's because of that collaboration Georgia remains a top choice for some of the world's most innovative companies," said Chris Womack, president, chairman and CEO of Georgia Power.
  • "On behalf of Georgia Power, we welcome Rivian to Georgia today.
  • Georgia Power, in partnership with theState of Georgia, currently supports the EV needs of several OEMs including Kia, Mercedes-Benz, BMW and Volkswagen.

The Seattle International Auto Show Charges Back, Drives into Lumen Field Event Center November 11-14

Retrieved on: 
水曜日, 11月 3, 2021

Those who waited two long years will be delighted when the 2022-Model Seattle International Auto Show presented by BECU drives into Lumen Field Event Center on Thursday, Nov. 11 and runs through Sunday, Nov. 14, 2021.

Key Points: 
  • Those who waited two long years will be delighted when the 2022-Model Seattle International Auto Show presented by BECU drives into Lumen Field Event Center on Thursday, Nov. 11 and runs through Sunday, Nov. 14, 2021.
  • The Seattle International Auto Show is owned by the Washington State Auto Dealers Association, which represents the state's 300 new car and truck dealers, and produced by Steve Freeman Events.
  • The show is open to the public Thursday, Nov. 11 through Sunday, Nov. 14 at Lumen Field Event Center, 800 Occidental Avenue South, Seattle, WA 98134.
  • Official Hashtags: #SeattleAutoShow
    *** The show will be adhering to all State and local Covid-19 protocols: Seattle International Auto Show COVID-19 policy

Suncor accelerates increased returns to shareholders

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水曜日, 10月 27, 2021

CALGARY, Alberta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Given the strength of the company and confidence in the execution of Suncor Energy’s strategic plans, the Board of Directors has approved the acceleration of increased returns to shareholders by the reinstatement of the dividend to 2019 levels. The reinstatement to $0.42 per common share from $0.21 per share is a 100% increase in the quarterly dividend, commencing with the dividend payable on December 24, 2021 to shareholders of record at the close of business on December 3, 2021. The dividend increase is enabled through disciplined capital spending and allocation, as well as progress in generating an incremental $2 billion of free funds flow by 2025.

Key Points: 
  • CALGARY, Alberta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Given the strength of the company and confidence in the execution of Suncor Energys strategic plans, the Board of Directors has approved the acceleration of increased returns to shareholders by the reinstatement of the dividend to 2019 levels.
  • As outlined on Investor Day, this annual free funds flow increase for 2021 is being achieved through increased revenue and margin, and increased productivity on tailings asset retirement spend.
  • This dividend increase demonstrates Suncor Energys Board of Directors and Executive Management teams commitment to increasing the return of capital to shareholders and accelerating performance relative to our plan.
  • For more information about Suncor, visit our web site at suncor.com , follow us on Twitter @Suncor

Suncor Energy to release third quarter 2021 financial results

Retrieved on: 
水曜日, 10月 20, 2021

CALGARY, Alberta, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Suncor will release its third quarter financial results on Oct. 27, 2021 before 8:00 p.m. MT (10:00 p.m.

Key Points: 
  • CALGARY, Alberta, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Suncor will release its third quarter financial results on Oct. 27, 2021 before 8:00 p.m. MT (10:00 p.m.
  • A webcast to review the third quarter will be held on Oct. 28 at 7:30 a.m. MT (9:30 a.m.
  • Representing management will be Mark Little, president and chief executive officer and Alister Cowan, chief financial officer.
  • For more information about Suncor, visit our website at suncor.com , follow us on Twitter @Suncor or Living our Purpose .

Suncor assumes operatorship of Syncrude

Retrieved on: 
金曜日, 10月 1, 2021

In the RMWB, Suncor operates its Oil Sands Base Plant, in situ assets Firebag and McKay River, as well as joint venture assets Fort Hills Limited Partnership and Syncrude.

Key Points: 
  • In the RMWB, Suncor operates its Oil Sands Base Plant, in situ assets Firebag and McKay River, as well as joint venture assets Fort Hills Limited Partnership and Syncrude.
  • Since 2016, Suncor has grown its ownership in Syncrude from 12% to 58.74% through acquisitions.
  • Forward-looking statements in this news release include statements and expectations regarding Suncor assuming operatorship of the Syncrude Joint Venture, including the expectation that Suncor will work to improve operating performance and unlock significant value.
  • For more information about Suncor, visit our web site at suncor.com , follow us on Twitter @Suncor

Suncor Energy forms partnership with eight Indigenous communities in the Regional Municipality of Wood Buffalo to acquire an equity interest in the Northern Courier Pipeline

Retrieved on: 
木曜日, 9月 16, 2021

TD Securities Inc. acted as Financial Advisor and Debt Arranger for the Indigenous communities in this transaction.

Key Points: 
  • TD Securities Inc. acted as Financial Advisor and Debt Arranger for the Indigenous communities in this transaction.
  • An example of economic reconciliation, this partnership is unprecedented in this industry, given the number of Indigenous communities involved in this type of project.
  • Mark Little, President and Chief Executive Officer, Suncor Energy
    The Northern Courier Pipeline opportunity demonstrates progressive relationship building and economic reconciliation between industry and Indigenous Communities.
  • For more information about Suncor, visit our web site at suncor.com , follow us on Twitter @Suncor or Living our Purpose .

Suncor Energy provides update on White Rose asset

Retrieved on: 
水曜日, 9月 8, 2021

CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Suncor today announced it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project.

Key Points: 
  • CALGARY, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Suncor today announced it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project.
  • The White Rose asset joint venture owners are Cenovus (operator) and Suncor.
  • The West White Rose Project joint venture owners are Cenovus (operator), Suncor and Nalcor.
  • Suncor Energy is Canada's leading integrated energy company, with a global team of over 30,000 people.