Page 13 - NorthAmOil Week 42 2021
P. 13
NorthAmOil NEWS IN BRIEF NorthAmOil
on its established 2030 Sustainability goals. UGI receives regulatory the Commonwealth’s least-cost gas supply
Additionally, CRC has also published metrics requirements.”
following the guidance of the Sustainability approval for a renewable “The approval of this pilot programme
Accounting Standards Board (SASB) and is a significant step forward as we continue
the American Petroleum Institute (API) natural gas pilot project to develop sustainable, environmentally
to promote sec California Resources tor responsible energy solutions for our
transparency. UGI Utilities has received regulatory customers,” said Robert F. Beard,
Mac McFarland, President and CEO, approval from the Pennsylvania Public executive vice president – natural gas,
stated: “We’ve re-evaluated our business Utility Commission (PA PUC) to purchase global engineering and construction and
strategy to see what more we could do renewable natural gas as part of a five-year procurement. “UGI remains committed to
to further the energy transition and are pilot program. The pilot, the first of its kind developing renewable energy sources for the
excited for the opportunities we have in Pennsylvania, is intended to explore how communities we serve.”
identified in carbon management and solar. UGI Utilities can integrate renewable natural Earlier this year, UGI Utilities signed an
We remain committed to extending our gas (RNG) into its supply portfolio to produce interconnect agreement with Archaea Energy
safety track record and continue to look for economic and environmental benefits for its to accept delivery of RNG into its high-
ways to further support local communities Purchased Gas Cost (PGC) customers. The pressure natural gas pipeline that serves its
and improve our governance practices.” pilot allows UGI Utilities to test adding RNG distribution system. When fully operational,
Chris Gould, EVP and chief sustainability to its supply portfolio while leveraging certain the system will be designed to take up to
officer, continued: “We are pleased with available economic incentives for renewables 16,000 mcf (1,000 cubic feet) per day of RNG
the accomplishments that we made in to lessen the cost impact of purchasing RNG supply, making this the largest RNG supply
2020 on environmental stewardship as we for customers. UGI Utilities, a subsidiary of point in the United States to-date.
make progress on our previously set 2030 UGI Corporation (NYSE: UGI), is the second RNG is a low or negative carbon energy
Sustainability goals which are aligned with the largest regulated gas utility in Pennsylvania. solution that is derived from organic waste
State of California.” The PA PUC Commissioners voted including farm, municipal, landfill and
The 2020 Sustainability Update focuses on unanimously to approve the pilot programme, industrial waste. It is a sustainable and reliable
performance during 2020, 2019 and 2018 and with all three commissioners issuing energy source that is highly compatible with
is complemented by the new SASB and API statements in support of the programme. In existing infrastructure when blended with
templates. a joint statement, Commissioners Ralph V. natural gas. RNG can also be used directly
CALIFORNIA RESOURCES, October 2021 Yanora and John F. Coleman, Jr. commended in a manner consistent with natural gas
UGI Utilities for the pilot programme, stating for residential, commercial, industrial and
that it “represents an innovative economic transportation.
ENERGY TRANSITION model that balances environmental, customer, UGI, October 21, 2021
and gas supply requirements consistent with
Week 42 21•October•2021 www. NEWSBASE .com P13