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SoCalGas Announces Agreements to Resolve Aliso Canyon Litigation

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LOS ANGELES, Sept. 27, 2021 /PRNewswire/ — Southern California Gas Co. (SoCalGas) today announced agreements that are expected to resolve substantially all material civil litigation against SoCalGas related to the 2015 Aliso Canyon natural gas storage facility leak. As a result of the agreements, SoCalGas will record an after-tax charge of approximately $1.1 billion this month.  Settlement costs will not be borne by ratepayers.

The first agreement is subject to obtaining roughly 97% participation among approximately 36,000 individual plaintiffs and court approval of the settlement allocation process, among other conditions.  The second and third agreements involve settlement with a class estimated to include at least 23,000 properties and the dismissal of the named plaintiffs in a putative business class action, both of which are subject to court approval. 

“These agreements are an important milestone that will help the community and our company work toward putting this difficult chapter behind us,” said Scott Drury, CEO of SoCalGas. “In the years since the leak, SoCalGas has worked alongside regulators, technical experts, and our neighbors to enhance safety at all our underground storage facilities and our engagement with the community. As a result, our storage facilities operate by what regulators and experts have called some of the most rigorous safety standards in the country.”

Background

In July 2017, state regulators cleared SoCalGas to resume injections at the Aliso Canyon natural gas storage facility. In accordance with new state regulations, SoCalGas has enhanced the operational safety and reliability of the facility. At the state’s direction, the field is being operated at a reduced pressure, providing an additional margin of safety.

Industry-leading technology and practices in place at Aliso Canyon include:

  • Use of casing around inner steel tubing to provide a physical, secondary barrier of protection;
  • Integrity assessments on all wells with advanced inspection tools and pressure testing;
  • Around-the-clock pressure monitoring of all wells by a 24-hour operations center; and
  • Wellhead and fence-line methane detection systems.

SoCalGas previously entered into a settlement agreement with the Los Angeles City Attorney’s Office, the County of Los Angeles, the California Office of the Attorney General, and the California Air Resources Board to resolve all outstanding claims by those government bodies against the company related to the leak.

For additional information about the agreements announced today to resolve Aliso Canyon natural gas storage facility litigation as well as remaining legal and regulatory proceedings related to the leak, please see the Current Report on Form 8-K filed by Sempra and SoCalGas with the Securities and Exchange Commission today.

For more information about Southern California Gas Company, visit www.socalgas.com

About SoCalGas
Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company’s pipelines will continue to play a key role in California’s clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.

SoCalGas’ mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to the goal of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego. For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook

This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors. In this press release, forward-looking statements can be identified by words such as “believes,” “expects,” “anticipates,” “plans,” “estimates,” “projects,” “forecasts,” “should,” “could,” “would,” “will,” “confident,” “may,” “can,” “potential,” “possible,” “proposed,” “in process,” “under construction,” “in development,” “target,” “outlook,” “maintain,” “continue,” “goal,” “aim,” “commit,” or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: satisfying all conditions precedent to the settlement agreements, including the participation of a sufficient number of plaintiffs and court approvals; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), U.S. Department of Energy, and other regulatory and governmental bodies and (ii) states, counties, cities and other jurisdictions in the U.S. in which we do business; the success of business development efforts and construction projects, including risks in (i) completing construction projects or other transactions on schedule and budget, (ii) the ability to realize anticipated benefits from any of these efforts if completed, and (iii) obtaining the consent of partners or other third parties; the resolution of civil and criminal litigation, regulatory inquiries, investigations and proceedings, and arbitrations, including, among others, those related to the natural gas leak at the Aliso Canyon natural gas storage facility; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our substantial debt service obligations; actions to reduce or eliminate reliance on natural gas, including any deterioration of or increased uncertainty in the political or regulatory environment for local natural gas distribution companies operating in California; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance, may be disputed by insurers or may otherwise not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage capacity, including disruptions caused by limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; cybersecurity threats to the storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-party vendors and other parties with which we conduct business; volatility in inflation and interest rates and commodity prices and our ability to effectively hedge these risks; changes in tax and trade policies, laws and regulations, including tariffs and revisions to international trade agreements that may increase our costs, reduce our competitiveness, or impair our ability to resolve trade disputes; and other uncertainties, some of which may be difficult to predict and are beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov, and on Sempra’s website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

SOURCE Southern California Gas Company

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Source: https://www.prnewswire.com:443/news-releases/socalgas-announces-agreements-to-resolve-aliso-canyon-litigation-301385977.html

Energy

People’s Daily Online: uma pesquisa do Instituto de Zoologia de Kumming mostrou um aumento estável da população de pavões verdes, uma espécie ameaçada de extinção

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O pavão verde é uma espécie de ave nativa da China. Ela foi listada como espécie ameaçada de extinção em 1988, como vulnerável em 1994, e foi atualizada para espécie ameaçada em 2009 na Lista vermelha de espécies ameaçadas da IUCN.

Para proteger e salvar o pavão verde selvagem, o governo de Yunnan o listou como uma “Espécie com população minúscula” na província de Yunnan em 2009, destinou fundos especiais e adotou uma série de medidas para fortalecer a proteção do pavão verde e do seu habitat. Enquanto isso, o trabalho de construção de uma base de inseminação artificial com a ajuda do centro de reprodução e resgate da vida selvagem de Yunnan e a realização de pesquisas sobre inseminação artificial com a cooperação de unidades de pesquisa científica relevantes alcançaram sucesso preliminar. Depois que o número da população de pavões verdes gerados por inseminação artificial atingir um determinado nível, a domesticação no campo e outros trabalhos serão iniciados, e também serão elaborados planos para soltar o pavão verde na área de distribuição em potencial.

Graças às medidas de proteção eficazes, a população do pavão verde está estável e aumentando. Os dados mostram que Yunnan tinha cerca de 485 a 547 pavões verdes em 2018, e 555 a 600 indivíduos de 2019 a 2021. Entre eles, os pavões verdes selvagens estavam mais concentrados nas áreas do vale da parte de cima e do meio do rio Yuanjiang, onde a população também é a maior. De acordo com os resultados de câmeras infravermelhas e monitoramento por vídeo em várias reservas da natureza, nos últimos anos, há uma tendência de mudança e crescimento de algumas das áreas em que o pavão verde de Yunnan habita.

Contato: Zhao Jian, Li Faxing
Tel: 0086-871-64184120
E-mail: [email protected]

Foto – https://mma.prnewswire.com/media/1662819/Green_Peafowl___Photo_by_Li_Shengchang.jpg

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FONTE People’s Daily Online

SOURCE People’s Daily Online

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Source: https://www.prnewswire.com:443/news-releases/people-s-daily-online-uma-pesquisa-do-instituto-de-zoologia-de-kumming-mostrou-um-aumento-estavel-da-populacao-de-pavoes-verdes-uma-especie-ameacada-de-extincao-819339436.html

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Energy

Segunda Conferência Ministerial de Energia da Rota e Cinturão é realizada em Qingdao

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A iniciativa especifica o papel da energia eólica, solar, hídrica, biomassa, nuclear e outras formas de energia verde para a implementação do Acordo de Paris e o Plano de 2030 para o Desenvolvimento Sustentável das Nações Unidas, ressaltando que a energia verde está se tornando um importante impulsionador para o desenvolvimento econômico global e trará oportunidades sem precedentes para a cooperação mutuamente benéfica entre os países.

A iniciativa adota o princípio “responsabilidades comuns, mas diferenciadas (CBDR)”, clamando pelo repeito ao direito de cada país de escolher seu próprio caminho para a transição energética. Ela enfatiza a necessidade de maior apoio aos países em desenvolvimento em termos de fundos, tecnologia e capacidade de construção para um desenvolvimento mais equilibrado e ampliado de energia verde.

A iniciativa exige ações conjuntas para apoiar o desenvolvimento de energia verde e de baixo carbono em países em desenvolvimento. As tarefas específicas incluem a definição de planos e metas mais ambiciosos de desenvolvimento de energia verde, a melhoria da confiabilidade e da resiliência do fornecimento de energia verde e a criação de um ambiente mais atraente para o investimento em energia verde.

Contato:Zhu Yiling
Tel.:+86-532-85911619
Site:http://www.qingdaochina.org
Facebook:https://www.facebook.com/qingdaocity
Twitter:https://twitter.com/loveqingdao

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FONTE Stadt Qingdao

SOURCE Stadt Qingdao

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Source: https://www.prnewswire.com:443/news-releases/segunda-conferencia-ministerial-de-energia-da-rota-e-cinturao-e-realizada-em-qingdao-847051936.html

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LONGi announces “Net-zero Plant” pledge at UN biodiversity conference

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With the challenges of climate change and biodiversity loss growing, the realization of global sustainable development has reached a crossroads. As the only solar energy company invited to attend the 15th meeting of the Conference of the Parties to the Convention on Biological Diversity (COP15), LONGi firmly believes that photovoltaics can change the earth’s ecology and contribute to biodiversity protection.

“Climate change has an all-round impact on biodiversity, and unreasonable energy development modes represent a key factor leading to climate change and increasing biodiversity issues,” said Li, going on to add that LONGi is a staunch supporter of climate action, in the belief that photovoltaics plus energy storage can be a powerful weapon to mitigate climate change. The company has taken the lead in promoting the reduction in cost and increase in efficiency of photovoltaic products, reducing the cost of photovoltaic power generation by more than 90% over the past decade, providing technical support for the achievement of carbon peak and neutrality goals.

LONGi launched its “Solar for Solar” concept in December 2018, based on manufacturing photovoltaic products driven by photovoltaic power generation, with the objective of extending the role of PV in ecological restoration. The concept had originated in Yunnan Province, where LONGi was the first PV company to establish a base, going on to play a leading role in the development of the province’s new energy industry.

In 2020, LONGi successively joined RE100, EV100, EP100 and Scientific Carbon Target (SBTi), becoming the only Chinese solar technology company to join four international initiatives at the same time. The company’s Baoshan production base, in effect the first “Net-zero Plant”, was also a concrete implementation of the four initiatives, and can be viewed as the starting point for “Net-zero LONGi”.

Yunnan is the province with the most abundant green energy in China. Installed capacity  accounts for 85%, with power generation from green energy reaching 90%, laying a very solid foundation for building a net-zero plant.

“We are planning on two years to achieve zero emissions within the operational scope of the LONGi Baoshan base by purchasing green power, energy-saving technological transformation and carbon emission offset measures.” Li divided the realization of the “Net- zero Plant” into four steps: Firstly, ensuring that 100% of the Baoshan base utilises green power throughout the year; secondly, completing the production technology transformation of the base’s carbon deposition materials to significantly reduce natural gas leakage; thirdly, promoting green production in the base and, finally, purchasing Chinese Certified Emission Reduction (CCER) to offset carbon emissions that cannot be completely eliminated.

Li concluded: “LONGi will always be a defender of and contributor to ecological harmony, sparing no effort to achieve net-zero targets, promote global energy transformation and join hands with partners from all walks of life to jointly realize this vision.”

SOURCE LONGi Solar

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Source: https://www.prnewswire.com:443/news-releases/longi-announces-net-zero-plant-pledge-at-un-biodiversity-conference-301402900.html

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Sinopec coloca em operação o maior cluster de armazenamento de gás do norte da China com fornecimento de dez bilhões de metros cúbicos de armazenamento de gás

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A instalação de armazenamento de gás tem capacidade de 10,03 bilhões de  metros cúbicos e será uma importante garantia de recursos para armazenamento de gás e geração de energia em horários de pico do inverno até a primavera na região norte da China e na bacia do rio Amarelo, além de garantir um suprimento de gás estável.

O cluster de armazenamento de gás Zhongyuan da Sinopec agora tem três blocos, o Wen 23, o Wen 96 e o Wei 11. A instalação de armazenamento de gás Wei 11, que agora está instalada e em funcionamento, é um componente fundamental para estabelecer o cluster de armazenamento de gás natural que chega a dez bilhões de metros cúbicos. O bloco está localizado na junção das províncias de Henan e Shandong e tem capacidade projetada de 1,009 bilhão de metros cúbicos. A maior capacidade de geração de energia em horários de pico diário da instalação de armazenamento de gás Wei 11 é de cinco milhões de metros cúbicos, o que pode atender às demandas de gás de dez milhões de residências todos os dias.

Além disso, a Sinopec terá suas instalações de armazenamento de gás Wen 13 West e Bai 9 na região do campo petrolífero de Zhongyuan instaladas e em funcionamento até o final deste ano, após concluir a construção e injeção de gás, adicionando uma capacidade de armazenamento de gás estimada em 1,116 bilhões de metros cúbicos, aumentando ainda mais os recursos da empresa em armazenamento de gás e geração de energia em horários de pico.

O armazenamento de gás é um “banco de gás natural” subterrâneo, uma infraestrutura de energia que integra geração de energia em horários de pico sazonais, fornecimento de gás em casos de acidente de emergência e reservas nacionais de energia estratégica. À medida que a proporção de gás natural continua a expandir na estrutura de consumo de energia da China, os picos e vales do fornecimento de gás natural, bem como as diferenças sazonais, estão se tornando cada vez mais evidentes. O armazenamento de gás pode “depositar” o excedente de gás natural no mercado e “empurrar” o tempo de escassez de abastecimento durante a estação de aquecimento no inverno para garantir a geração de energia em horários de pico de demanda por gás natural.

A Sinopec continua acelerando a construção de instalações de armazenamento de gás e aprimorando os recursos de armazenamento de gás e de geração de energia em horários de pico na China. A empresa está se preparando para concluir projetos importantes, incluindo o cluster de armazenamento de gás Zhongyuan e a instalação de armazenamento de gás Huangchang na província de Hubei e muito mais, após a conclusão das instalações de armazenamento de gás, incluindo Yong 21, na província de Shandong, Wei 11, na região do campo petrolífero de Zhongyuan, Guxi, na província de Jilin e Qingxi, na província de Sichuan, expandindo continuamente a escala de armazenamento de gás natural e aprimorando efetivamente a capacidade de armazenamento e os recursos de geração de energia em horários de pico de gás para garantir o fornecimento de gás natural.

Para obter mais informações, acesse Sinopec.

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FONTE SINOPEC

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SOURCE SINOPEC

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Source: https://www.prnewswire.com:443/news-releases/sinopec-coloca-em-operacao-o-maior-cluster-de-armazenamento-de-gas-do-norte-da-china-com-fornecimento-de-dez-bilhoes-de-metros-cubicos-de-armazenamento-de-gas-881799772.html

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