Emera

Emera Inc. Subsidiary Nova Scotia Power Reaches Settlement Agreement on General Rate Application, Including Fuel and Non-fuel Rates for 2023 and 2024

Retrieved on: 
Thursday, November 24, 2022

Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB).

Key Points: 
  • Emera Inc. (TSX: EMA) and its wholly-owned subsidiary Nova Scotia Power (NS Power) announced today that NS Power has filed a proposed settlement agreement for its 2022-2024 General Rate Application (GRA) with the Nova Scotia Utility and Review Board (UARB).
  • If approved by the UARB, the settlement will implement Bill 212, the provincially legislated cap on non-fuel rates for 2023 and 2024.
  • Nova Scotia Power Inc. is a wholly-owned subsidiary of Emera Inc. (TSX-EMA), a diversified energy and services company.
  • Nova Scotia Power provides 95% of the generation, transmission and distribution of electrical power to approximately 540,000 residential, commercial and industrial customers across Nova Scotia.

Emera Teleconference on November 11 to Discuss Q3 2022 Results

Retrieved on: 
Tuesday, October 11, 2022

Today Emera (TSX: EMA) announced that it will release its Q3 2022 results on Friday, November 11, 2022, before markets open.

Key Points: 
  • Today Emera (TSX: EMA) announced that it will release its Q3 2022 results on Friday, November 11, 2022, before markets open.
  • The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.
  • A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com .
  • A replay of the teleconference will be available on the Companys website two hours after the conclusion of the call.

Emera Technologies and Novonix Launch Microgrid Battery

Retrieved on: 
Monday, June 6, 2022

TAMPA, Fla. and BRISBANE, Australia, June 06, 2022 (GLOBE NEWSWIRE) -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX:EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (NOVONIX), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.

Key Points: 
  • TAMPA, Fla. and BRISBANE, Australia, June 06, 2022 (GLOBE NEWSWIRE) -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX:EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) (NOVONIX), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.
  • Emera Technologies and NOVONIX first announced their partnership to develop the innovative battery storage technology in Halifax early in 2021.
  • The prototype was developed by NOVONIX to support Emera Technologies residential microgrid system, BlockEnergy , which is operating in a residential pilot project south of Tampa, Florida.
  • Were looking forward to receiving this first battery and are excited about this next phase of growth at Emera Technologies as we equip the next generation of homeowners with full-home battery storage capabilities, said Rob Bennett, President and CEO of Emera Technologies.

Emera Technologies and NOVONIX Launch Made-In-Atlantic-Canada Microgrid Battery

Retrieved on: 
Monday, June 6, 2022

TAMPA, Fla., June 6, 2022 /PRNewswire/ -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX: EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) ("NOVONIX"), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.

Key Points: 
  • TAMPA, Fla., June 6, 2022 /PRNewswire/ -- Today Emera Technologies Limited, a subsidiary of Emera Inc. (TSX: EMA), and NOVONIX Limited (NASDAQ: NVX, ASX: NVX, OTCQX: NVNXF) ("NOVONIX"), a leading battery materials and technology company in Halifax, announced the delivery of their first-of-its-kind, custom-designed microgrid battery prototype.
  • Emera Technologies and NOVONIX first announced their partnership to develop the innovative battery storage technology in Halifax early in 2021.
  • The prototype was developed by NOVONIX to support Emera Technologies' residential microgrid system, BlockEnergy , which isoperating in a residential pilot project south of Tampa, Florida.
  • "We're looking forward to receiving this first battery and are excited about this next phase of growth at Emera Technologies as we equip the next generation of homeowners with full-home battery storage capabilities," said Rob Bennett, President and CEO of Emera Technologies.

Emera Technologies onboards Tampa Electric Company as First Utility to Pilot Owning, Installing, and Commissioning BlockEnergy™ Front of Meter Solar-Plus-Storage Microgrid Platform

Retrieved on: 
Tuesday, May 17, 2022

TAMPA, Fla., May 17, 2022 /PRNewswire/ -- Emera Technologies announced today that utility Tampa Electric Company (TECO) has successfully purchased, installed and received regulatory approval for its BlockEnergy® microgrid platform for use in a pilot program serving Southshore Bay residential development, a community south of Tampa, Florida. The BlockEnergy™ solar-plus-energy storage microgrid, fully owned and operated by TECO, enables increased operability, security, and grid resilience to mitigate extreme weather and other events that can impact electric utility grid uptime. BlockEnergy microgrid also provides TECO with a cost-effective way to offer a distributed clean energy resource to its Southshore Bay customers and to quickly advance its vision to achieve a net-zero carbon future.

Key Points: 
  • "The BlockEnergy microgrid pilot project is a promising solution that brings a new layer of control, operability, and flexibility.
  • Emera Technologies is a wholly owned subsidiary of Emera Inc. , a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with more than 2.5 million customers.
  • Tampa Electric , one of Florida's largest investor-owned electric utilities, serves about 800,000 customers in West Central Florida.
  • Tampa Electric is a subsidiary of Emera Inc., a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, Canada.

Emera Technologies welcomes Bobbi Dillow-Walsh as VP of Sales & Commercial Development

Retrieved on: 
Wednesday, April 20, 2022

Her career has focused on creating strong collaboration and partnerships that deliver economic value and promote cleaner energy technology.

Key Points: 
  • Her career has focused on creating strong collaboration and partnerships that deliver economic value and promote cleaner energy technology.
  • Bobbi is a graduate of the Virginia Tech Pamplin College of Business and has an MBA from King University.
  • Rob Bennett, CEO and founder of Emera Technologies, shared, "As the newest member of the Emera Technologies leadership team, Dillow-Walsh will be an important asset.
  • Emera Technologies is a dedicated and nimble organization focused on developing new ways to deliver renewable energy to customers.

Emera Teleconference on February 16 to Discuss Q4 2020 Results

Retrieved on: 
Monday, January 18, 2021

Today Emera (TSX: EMA) announced that it will release its Q4 2020 results on Tuesday, February 16, 2021, before markets open.

Key Points: 
  • Today Emera (TSX: EMA) announced that it will release its Q4 2020 results on Tuesday, February 16, 2021, before markets open.
  • The Company will host a teleconference and webcast the same day at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the results.
  • Analysts and other interested parties in North America are invited to participate by dialing 1-866-521-4909. International parties are invited to participate by dialing 1-647-427-2311.
  • A live and archived audio webcast of the teleconference will be available on the Company's website, www.emera.com .

Emera Approves Quarterly Dividends

Retrieved on: 
Wednesday, January 13, 2021

Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.

Key Points: 
  • Emera Inc. hereby notifies the shareholders of its common shares and its First Preferred Shares that such dividends declared qualify as eligible dividends pursuant to the Income Tax Act (Canada) and corresponding provincial legislation.
  • Emera Inc. is a geographically diverse energy and services company headquartered in Halifax, Nova Scotia, with approximately $32 billion in assets and 2019 revenues of more than $6.1 billion.
  • Emera has investments throughout North America, and in four Caribbean countries.
  • Depositary receipts representing common shares of Emera are listed on the Barbados Stock Exchange under the symbol EMABDR and on The Bahamas International Securities Exchange under the symbol EMAB.

Sunverge Selected for by Nova Scotia Power for the Smart Grid Atlantic project

Retrieved on: 
Tuesday, December 1, 2020

Following a competitive bid process, Sunverge , the provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform, today announced that it has been selected by Nova Scotia Power, a vertically integrated utility based in Halifax, Nova Scotia for the Smart Grid Atlantic Pilot project, providing residential behind-the-meter virtual power plant technologies that include Sunverge real-time DER control, orchestration and aggregation platform combined with LG Electronics residential energy storage systems.

Key Points: 
  • Following a competitive bid process, Sunverge , the provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform, today announced that it has been selected by Nova Scotia Power, a vertically integrated utility based in Halifax, Nova Scotia for the Smart Grid Atlantic Pilot project, providing residential behind-the-meter virtual power plant technologies that include Sunverge real-time DER control, orchestration and aggregation platform combined with LG Electronics residential energy storage systems.
  • We are excited to be selected for this groundbreaking and highly innovative project and to have the opportunity to work closely with Nova Scotia Power to demonstrate the value of residential battery systems for their customers and to the electric grid, said Martin Milani, CEO of Sunverge.
  • We are confident that Sunverges advanced platform will demonstrate the value of aggregating residential behind-the-meter storage systems for the Nova Scotia electricity grid and participating customers.
  • The Sunverge platform will be used by Nova Scotia Power to explore opportunities to co-optimize both consumer and grid services.

Emera Reports 2020 Second Quarter Financial Results

Retrieved on: 
Wednesday, August 12, 2020

Lower contribution from Emera Maine as a result of the sale in Q1 2020 decreased earnings in both periods.

Key Points: 
  • Lower contribution from Emera Maine as a result of the sale in Q1 2020 decreased earnings in both periods.
  • Emera uses financial measures that do not have standardized meaning under USGAAP and may not be comparable to similar measures presented by other entities.
  • These statements reflect Emera managements current beliefs and are based on information currently available to Emera management.
  • The company will be hosting a teleconference today, Wednesday, August 12, 2020 at 9:30 a.m. Atlantic (8:30 a.m. Eastern) to discuss the Q2 2020 financial results.