BGE

Bitech Technologies Appoints Sid Sung as Its New Chief Innovation Officer to Lead the Digital Revolution in the Renewable Energy Industry

Retrieved on: 
Thursday, February 22, 2024
Digital transformation, Motorola, National Taiwan University, Growth, Priority seat, Industrial internet of things, University, Telecommunications, OTCQB, FPL, Machine to machine, Delmarva Power, Alcatel-Lucent, Comcast, WarnerMedia, Atmospheric science, Connected, CPE, Spectrum, European, IOU, Product management, City, Knowledge, Accton Technology Corporation, People Power, PEPCO, Internet of things, BGE, ISDN, Renewable energy

Newport Beach, CA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [ OTCQB: BTTC ], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is delighted to welcome Sid Sung as its new Chief Innovation Officer.

Key Points: 
  • Newport Beach, CA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Bitech Technologies Corporation [ OTCQB: BTTC ], (“the Company” or “Bitech”) a global technology solution provider dedicated to green energy solutions, is delighted to welcome Sid Sung as its new Chief Innovation Officer.
  • In this role, he will be leading Bitech’s efforts to engineer scalable revenue opportunities towards the green energy transition.
  • Sid joined Bitech Technologies to lead our Technology Solutions division with a wealth of knowledge and initiatives in digital energy evolution strategies.
  • Sung, the new Chief Innovation Officer of Bitech Technologies.

Exelon Reports Fourth Quarter and Full Year 2023 Results and Initiates 2024 Financial Outlook

Retrieved on: 
Wednesday, February 21, 2024
Utilities, Energy, Constellation, Commonwealth Edison, Generation, Weather, Maryland Public Service Commission, Natural gas, PECO, Growth, ACE, Table, PHI, BSC, Treasury, Carbon, Infrastructure, Series, BGE, GAAP, Gas, MRP, DPL, ICC, Electricity, Corporation, Illinois Commerce Commission, CMC, Bank

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023.

Key Points: 
  • Exelon Corporation (Nasdaq: EXC) today reported its financial results for the fourth quarter and full year 2023.
  • Adjusted (non-GAAP) Operating Earnings for the fourth quarter of 2023 increased to $0.60 per share from $0.43 per share in the fourth quarter of 2022.
  • ComEd's fourth quarter of 2023 GAAP Net Income increased to $268 million from $211 million in the fourth quarter of 2022.
  • PHI’s fourth quarter of 2023 GAAP Net Income increased to $101 million from $90 million in the fourth quarter of 2022.

BGE Awards ICF $65 Million in Energy Efficiency Contracts

Retrieved on: 
Tuesday, March 5, 2024
ICFI, Acquisition, BGE, ICF, Baltimore Gas and Electric, Environment, EMPOWER, Renewable energy

RESTON, Va., March 5, 2024 /PRNewswire/ -- Baltimore Gas and Electric (BGE) has awarded global consulting and technology services provider ICF (NASDAQ:ICFI) over $65 million in re-compete and new contracts to implement EmPOWER Maryland, the utility's statewide energy efficiency and demand response program. The agreements were awarded in the fourth quarter of 2024 and have a term of three years.

Key Points: 
  • RESTON, Va., March 5, 2024 /PRNewswire/ -- Baltimore Gas and Electric (BGE) has awarded global consulting and technology services provider ICF (NASDAQ:ICFI) over $65 million in re-compete and new contracts to implement EmPOWER Maryland, the utility's statewide energy efficiency and demand response program.
  • ICF has delivered award-winning energy efficiency programs for BGE for over 15 years that have achieved over 5.5 gigawatts in energy savings to over 18 million utility customers.
  • "We are excited to continue our longstanding work with BGE to evolve and optimize their energy efficiency programs as they navigate the challenging transition to a clean energy future," said Anne Choate, ICF executive vice president for energy, environment and infrastructure.
  • Read more about ICF's energy efficiency and technology services and how they help clients meet their electrification and decarbonization goals.

ComEd Reminds Customers of Weekend Customer Information System Upgrade

Retrieved on: 
Wednesday, February 14, 2024
Alternative Energy, Energy, Other Energy, Utilities, Senior, Emergency, PECO, BGE, EXC, Electricity, Commonwealth, Dashboard, Online shopping

This week, ComEd plans to launch a large-scale initiative to update its existing customer information system, which will allow ComEd to better support its more than 4 million residential and business customers, while improving the way customers interact with their energy company.

Key Points: 
  • This week, ComEd plans to launch a large-scale initiative to update its existing customer information system, which will allow ComEd to better support its more than 4 million residential and business customers, while improving the way customers interact with their energy company.
  • “The transition to the new customer information system will provide our customers with a more seamless experience by enabling our customer account representatives to access customer information more efficiently,” said Melissa Washington , ComEd's Chief Customer Officer and Senior Vice President of Customer Operations.
  • For information about the system conversion and benefits to customers, visit ComEd.com/BillingUpdate .
  • Following the launch of ComEd’s new customer information system, all residential and business customers will receive a newly designed bill and new, unique account numbers.

Exelon Announces Executive Leadership Changes

Retrieved on: 
Tuesday, February 6, 2024
Energy, Utilities, Oil, Gas, Constellation, Learning, BGE, Strategic planning, Energy management, Policy, Commerce, Baltimore Symphony Orchestra, American Gas Association, Princeton University, Galambos, Engineering, Electric Power Research Institute, Smart grid, Human resources, National Mall, Baltimore Museum of Art, Trust, Labour, PAL, DEI, Culture, Employment, University, PECO, Hospital, EXC, PHI, Pepco Holdings, CHRO, Mall, Federal City Council, Widener University, Innocenzo, Bangladesh Technical Education Board, Commonwealth Edison, Villanova University, Franklin Institute, Washington metropolitan area, MBA, Velazquez, Project management, Delaware Valley, Information, Management

Exelon (Nasdaq, EXC) announced today that Mike Innocenzo, currently president and chief executive officer of Exelon subsidiary PECO, has been promoted to executive vice president and chief operating officer of Exelon, reporting to Exelon President and Chief Executive Officer Calvin Butler.

Key Points: 
  • Exelon (Nasdaq, EXC) announced today that Mike Innocenzo, currently president and chief executive officer of Exelon subsidiary PECO, has been promoted to executive vice president and chief operating officer of Exelon, reporting to Exelon President and Chief Executive Officer Calvin Butler.
  • Dave Velazquez, currently Exelon executive vice president of Utility Operations and Technology, will succeed Innocenzo as president and chief executive officer of PECO, Pennsylvania’s largest electric and natural gas delivery company serving nearly 1.7 million electric customers and more than 548,000 natural gas customers in southeastern Pennsylvania.
  • He joined Exelon in 2016 at the merger of Exelon and Pepco Holdings, assuming the role of PHI president and CEO.
  • Galambos has held several leadership roles at Exelon since joining the company in 2012 as part of Constellation and BGE’s merger into Exelon.

TurningPoint Energy and Pivot Energy Announce Partnership on a 16.6 MWdc Community Solar Portfolio in Maryland

Retrieved on: 
Thursday, December 21, 2023
Oil, Gas, Alternative Energy, Energy, Other Energy, Utilities, Partner, Business, School, Acquisition, BGE, Legislation, FirstEnergy, Business development, Engineering, TPE, Growth, Baltimore Gas and Electric, Organization, Renewable energy

TurningPoint Energy (“TPE”) and Pivot Energy (“Pivot”) announce their collaboration on six (6) community solar projects in Maryland totaling 16.6 MWdc of solar capacity.

Key Points: 
  • TurningPoint Energy (“TPE”) and Pivot Energy (“Pivot”) announce their collaboration on six (6) community solar projects in Maryland totaling 16.6 MWdc of solar capacity.
  • TurningPoint Energy continues to be the leading greenfield developer in the Maryland Pilot Program since its inception in 2016.
  • TPE’s Maryland community solar portfolio includes over 40 MWdc slated for operation by the end of 2025, with many more under development in anticipation of the permanent community solar program legislation signed into law by Maryland Governor Wes Moore over the summer.
  • “We are excited to partner with TurningPoint Energy on these projects in Maryland,” said Luke Rickard, Senior Director of Strategic Partnerships at Pivot Energy.

Calvin Butler and Jeff Edwards Elected to Battelle Board of Directors

Retrieved on: 
Wednesday, November 29, 2023
Technology, Manufacturing, Construction & Property, Other Energy, Other Science, Other Technology, Research, Other Manufacturing, Energy, Science, Other Construction & Property, Columbus Museum of Art, Institute of International Education, Argonne National Laboratory, Delmarva Power, Builders hardware, Construction, Climate change, BGE, STEM, Executive Committee, Infrastructure, Exelon, Investment, Bradley University, History, School, Columbus Foundation, Miami University, Devotion (Anberlin album), Commonwealth Edison, Health, Trustee, Housing, Environment, Retirement, S-1 Executive Committee, PECO, Columbus School of Law, Congress, Government, Pepco, Columbus Museum, IIE, Management, Art

Battelle announced today the election of two distinguished industry leaders to its Board of Directors.

Key Points: 
  • Battelle announced today the election of two distinguished industry leaders to its Board of Directors.
  • Calvin Butler is President and CEO of Exelon Corp. overseeing Exelon’s six local electric and natural gas companies—Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco.
  • Battelle Board Chairman Kirkland Donald said, “The role of the Board of Directors is to bring perspectives from a wide variety of experiences to benefit Battelle’s long-term success.
  • “Jeff is an outstanding addition to our Board of Directors,” said Battelle President and CEO Lou Von Thaer.

Exelon Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Energy, Other Energy, Utilities, Oil, Gas, Pepco, Weather, Continuous operation, Treasury, BGE, PHI, CMC, Carbon, ROE, GAAP, Electricity, ACE, Infrastructure Investment and Jobs Act, PECO, Commonwealth Edison, EPS, Corporation, Table, Series, Natural gas, Bank, Insurance, Video game, Exelon

Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.

Key Points: 
  • Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2023.
  • Adjusted (non-GAAP) Operating Earnings for the third quarter of 2023 decreased to $0.67 per share from $0.75 per share in the third quarter of 2022.
  • ComEd's third quarter of 2023 GAAP Net Income increased to $333 million from $291 million in the third quarter of 2022.
  • BGE’s third quarter of 2023 GAAP Net Income increased to $45 million from $33 million in the third quarter of 2022.

Exelon Crews and Equipment Headed to Florida to Assist With Power Restoration Following Hurricane Idalia

Retrieved on: 
Tuesday, August 29, 2023
Environment, Natural Disasters, Other Energy, Utilities, Law Enforcement, Emergency Services, Public Policy, Government, Philanthropy, Energy, State, Local, Other Philanthropy, Edison Electric Institute, Commonwealth Edison, Weather, PECO, Delmarva Power, BGE, EEI, Pepco Holdings, Pepco, Property insurance, Exelon

In a coordinated effort to provide much-needed support to communities in the path of Hurricane Idalia, Exelon is sending more than 100 contractor personnel to assist with power restoration following the storm’s landfall.

Key Points: 
  • In a coordinated effort to provide much-needed support to communities in the path of Hurricane Idalia, Exelon is sending more than 100 contractor personnel to assist with power restoration following the storm’s landfall.
  • Recognizing the urgency and the potential for the devastating impact of Hurricane Idalia, Exelon’s utility companies immediately began mobilizing resources to assist in efforts to ensure local Florida utility companies have what they need to ensure power loss is addressed safely and as quickly as possible.
  • Contractor crews from Exelon companies BGE, Delmarva Power and Pepco are currently enroute toward staging areas, with contractors, employees and equipment from other Exelon companies ComEd, PECO, and Atlantic City Electric standing by to assist once damage assessments are made.
  • ComEd currently has more than 40 members crews in Ohio helping with power restoration following severe storms there several weeks ago.

BlueVoyant Empowers Next Generation of the STEM Workforce

Retrieved on: 
Friday, August 18, 2023
Workforce, Bioethics, United States Secretary of Education, U.S. Department of Defense Strategy for Operating in Cyberspace, Maryland Department of Labor, Science, technology, engineering, and mathematics, BGE, New Ventures, Assistant, Student, Outreach, Maryland Department of the Environment, STEM, Environment, Management, Science, Engineering

BALTIMORE, Aug. 18, 2023 /PRNewswire/ -- BlueVoyant, a leading global cybersecurity firm, is honored to team up with the Transforming Lives Community Development Corporation (TLCDC) to deliver new career opportunities to budding professionals in Science, Technology, Engineering and Math (STEM). Working with STEMcx, the education arm of TLCDC, BlueVoyant is proudly helping expose students from underrepresented areas to STEM fields.

Key Points: 
  • Working with STEMcx , the education arm of TLCDC, BlueVoyant is proudly helping expose students from underrepresented areas to STEM fields.
  • The sponsors of the internships – BlueVoyant, the U.S. Department of Education, BGE, the Annie Casey Foundation, and the New Venture fund, realize the importance of investing in these talented students in assuring a more diverse STEM workforce in the future.
  • "The issue of diversity in STEM is something that has been well-documented for as long as we can remember.
  • Internships offering minorities first-hand experience in STEM fields and valuable networking opportunities will help to diversify the STEM workforce.