Change the World

Energy Tech Giant Kraken Demonstrates Unstoppable Momentum in the Energy Industry

Retrieved on: 
Thursday, September 28, 2023

Kraken , the only proven, end-to-end platform for future energy, demonstrates continued progress in establishing itself as the leading global operating system.

Key Points: 
  • Kraken , the only proven, end-to-end platform for future energy, demonstrates continued progress in establishing itself as the leading global operating system.
  • With advanced data and machine learning, Kraken offers utilities, suppliers and traders full management of the entire energy supply chain.
  • Devrim Celal, CEO of Kraken, Flexibility & Optimization, commented: “Our unwavering commitment is to bring cheaper, greener energy to all by providing transparency into energy usage among utilities, their customers, and distributed energy sources.
  • Maria Benintende, Industry Director, Energy & Environment Frost & Sullivan, commented: “In today’s era marked by an intensified focus on mitigating the climate crisis, energy is the world’s most dynamic industry in need of change.

Flagship Pioneering Named to Fortune's 2023 "Change the World" List

Retrieved on: 
Wednesday, September 27, 2023

CAMBRIDGE, Mass., Sept. 27, 2023 /PRNewswire/ -- Flagship Pioneering today announced it has been named to FORTUNE's 2023 "Change the World" list, an annual global ranking of companies that have made a positive social or environmental impact through activities that are part of their core business strategies. Flagship was previously included on the list in 2021.

Key Points: 
  • CAMBRIDGE, Mass., Sept. 27, 2023 /PRNewswire/ -- Flagship Pioneering today announced it has been named to FORTUNE's 2023 "Change the World" list, an annual global ranking of companies that have made a positive social or environmental impact through activities that are part of their core business strategies.
  • Flagship was previously included on the list in 2021.
  • "Being selected for FORTUNE's 'Change the World' list is a great honor, and a recognition shared by our entire Flagship team, each of whom contributes to addressing some of the most challenging issues of our present and future," said Noubar Afeyan, Ph.D., Founder and CEO of Flagship Pioneering.
  • FORTUNE evaluates companies on its "Change the World" list using criteria that include, measurable social impact, business results and degree of innovation.

State regulators approve FPL's request to reduce rates starting in July

Retrieved on: 
Tuesday, June 13, 2023

FPL does not earn a profit on fuel and works hard to operate its power plants as fuel-efficiently as possible.

Key Points: 
  • FPL does not earn a profit on fuel and works hard to operate its power plants as fuel-efficiently as possible.
  • Since FPL projected its 2023 fuel expenditures last year, natural gas prices have declined.
  • FPL has already made downward adjustments, which took effect in April and May, totaling nearly $1.4 billion in its 2023 fuel charges.
  • The July decrease approved today is the third reduction in the fuel portion of FPL bills in 2023.

FPL proposes another rate reduction beginning in July

Retrieved on: 
Friday, May 19, 2023

FPL does not earn a profit on fuel and works hard to operate its power plants as fuel-efficiently as possible.

Key Points: 
  • FPL does not earn a profit on fuel and works hard to operate its power plants as fuel-efficiently as possible.
  • FPL has already made downward adjustments, which took effect in April and May, totaling nearly $1.4 billion in its 2023 fuel charges.
  • If the July decrease is approved, it would be the third reduction in the fuel portion of FPL bills in 2023.
  • Even with the latest proposed rate reduction, individual bills could increase as customers use more air conditioning during the summer months.

State regulators approve FPL rate decrease in May

Retrieved on: 
Tuesday, April 4, 2023

FPL is reducing fuel charges – which are a direct passthrough from which the company does not profit -- by $379 million for the remainder of the year due to lower-than-expected natural gas prices. As a result of the Florida Public Service Commission's approval, the typical 1,000-kWh residential customer bill will fall by about 3% from May through December, as compared to current approved rates. Typical business customer bills will decrease 3% to 4%, depending on rate class.

Key Points: 
  • Even before the May decrease, FPL bills in peninsular Florida were well below the national average and among the lowest of all of Florida's electric utilities.
  • While bills will decrease in May, FPL encourages customers to take steps to lower their bills even more by monitoring energy use and making their homes more energy-efficient.
  • Each degree you increase the temperature on your thermostat can reduce your bill by 5% a month for cooling costs.
  • Activate the free FPL Energy Manager tool to monitor how your home is using energy and identify ways to save.

State regulators approve FPL April bill adjustment; decrease proposed in May

Retrieved on: 
Tuesday, March 7, 2023

State regulators also approved spreading all hurricane costs from past hurricanes throughout FPL's entire service area.

Key Points: 
  • State regulators also approved spreading all hurricane costs from past hurricanes throughout FPL's entire service area.
  • As a result, the monthly storm charge on a typical 1,000-kWh bill in Northwest Florida will benefit by $9.54.
  • With the bill increase taking effect in April, FPL encourages customers to take steps to lower their bills by monitoring energy use and making their homes more energy efficient.
  • Each degree customers lower or increase the temperature on their thermostat can reduce their bill by 5% a month for heating or cooling costs.

FPL files plan to reduce customer fuel charges by $379 million

Retrieved on: 
Wednesday, March 1, 2023

JUNO BEACH, Fla., March 1, 2023 /PRNewswire/ -- Florida Power & Light Company today filed a plan to reduce customer fuel charges by $379 million beginning in May to partially offset proposed bill increases to pay for last year's two hurricane restorations and high fuel costs.

Key Points: 
  • JUNO BEACH, Fla., March 1, 2023 /PRNewswire/ -- Florida Power & Light Company today filed a plan to reduce customer fuel charges by $379 million beginning in May to partially offset proposed bill increases to pay for last year's two hurricane restorations and high fuel costs.
  • To partially offset these proposed increases, FPL's January filing also called for decreasing projected 2023 fuel charges by $1 billion due to an expected drop in natural gas prices below original projections.
  • Today's proposal to reduce fuel charges by $379 million is in addition to the earlier $1 billion proposed reduction.
  • In fact, FPL's solar fleet – the largest in America – doesn't use fuel at all to generate electricity, avoiding about $375 million in fuel costs in 2022 alone.

FPL proposes plan to recover costs of increased fuel prices and hurricane responses

Retrieved on: 
Monday, January 23, 2023

Utilities then recover their restoration costs through a surcharge on customer bills, subject to PSC review and approval of expenses incurred.

Key Points: 
  • Utilities then recover their restoration costs through a surcharge on customer bills, subject to PSC review and approval of expenses incurred.
  • In this case, FPL is seeking recovery of $1.3 billion for incremental restoration costs from Hurricanes Ian and Nicole.
  • FPL's investments in hardening the energy grid since the destructive 2004-05 hurricane seasons helped speed restoration times and likely reduced total restoration costs for Ian and Nicole.
  • FPL is also seeking permission to recover about $2.1 billion to make up for the difference between projections and actual costs for natural gas in 2022.

ChenMed Receives Two Prestigious Culture Awards: Best Companies for Women and Best Companies for Diversity

Retrieved on: 
Thursday, December 29, 2022

MIAMI, Dec. 29, 2022 /PRNewswire/ -- ChenMed, a leading medical practice providing high-touch, personalized primary care to Medicare-eligible seniors, has received two coveted awards for the culture of love and inspiration it shows to its employees. The brand reputation platform, Comparably, has named ChenMed among the 2022 Best Companies for Women and Best Companies for Minorities. ChenMed is one of the few healthcare providers named to both lists.

Key Points: 
  • The brand reputation platform, Comparably, has named ChenMed among the 2022 Best Companies for Women and Best Companies for Minorities.
  • Those workplace culture awards - part of Comparably's annual Best Places to Work series – are based upon sentiment ratings provided by employees who anonymously responded to questions on Comparably.com.
  • Female employees offered ratings for the Women's list, while people of color provided ratings for the Diversity list.
  • For more information on Comparably's studies and annual Best Places to Work & Best Brands Awards, visit www.comparably.com/news
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ChenMed Featured in AVAIL The Journal Special Edition Celebrating John Maxwell's 75 Years of Life and Leadership

Retrieved on: 
Friday, December 16, 2022

MIAMI, Dec. 16, 2022 /PRNewswire/ -- ChenMed, a leading primary care practice long focused on transforming care of the neediest populations, is featured in the Fall 2022 AVAIL The Journal special edition celebrating John Maxwell's 75 years of life and leadership. "The duty of care: how ChenMed is transforming the health industry with values-based service", article spotlights how and why ChenMed invests a lot of time and effort in leadership development. Plus, it describes how John Maxwell helped Drs. Christopher and Gordon Chen, ChenMed CEO and Chief Medical Officer, respectively, bring the magic of effective ministry into the business of health to transform care.

Key Points: 
  • Physician-led primary care leader advances mission by focusing on family, faith, and key Maxwell leadership principles
    MIAMI, Dec. 16, 2022 /PRNewswire/ -- ChenMed, a leading primary care practice long focused on transforming care of the neediest populations, is featured in the Fall 2022 AVAIL The Journal special edition celebrating John Maxwell's 75 years of life and leadership. "
  • The duty of care: how ChenMed is transforming the health industry with values-based service ", article spotlights how and why ChenMed invests a lot of time and effort in leadership development.
  • Christopher and Gordon Chen, ChenMed CEO and Chief Medical Officer, respectively, bring the magic of effective ministry into the business of health to transform care.
  • We stay focused on empowering servant leaders to do whatever it takes to transform care of the neediest populations.