A newly released study from the Energy Policy Institute at the University of Chicago (EPIC) concludes that small modular reactors may hold the key to the future of U.S. nuclear power generation.

“Clearly, a robust commercial SMR industry is highly advantageous to many sectors in the United States,” concluded the study, led by Robert Rosner, institute director and the William Wrather Distinguished Service Professor in Astronomy & Astrophysics.

“It would be a huge stimulus for high-valued job growth, restore U.S. leadership in nuclear reactor technology and, most importantly, strengthen U.S. leadership in a post-Fukushima world, on matters of nuclear safety, nuclear security, nonproliferation, and nuclear waste management,” the report said.

The SMR report was one of two that Rosner rolled out Thursday, Dec. 1, at the Center for Strategic and International Studies in Washington, D.C. Through his work as former chief scientist and former director of Argonne National Laboratory, Rosner became involved in a variety of national policy issues, including nuclear and renewable energy technology development.

The reports assessed the economic feasibility of classical, gigawatt-scale reactors and the possible new generation of modular reactors. The latter would have a generating capacity of 600 megawatts or less, would be factory-built as modular components, and then shipped to their desired location for assembly.

The U.S. Department of Energy funded the reports through Argonne, which is operated by UChicago Argonne LLC. The principal authors of the report were Rosner and Stephen Goldberg, special assistant to Argonne’s director.

The reports followed up a 2004 UChicago study on the economic future of nuclear energy. The 2004 study concluded that the nuclear energy industry would need financial incentives from the federal government in order to build new plants that could compete with coal- and gas-fired plants.

The first report, “Analysis of GW-scale Overnight Costs,” updates the overnight cost estimates of the 2004 report. Overnight costs are the estimated costs if you were to build a new large reactor ‘overnight,’ that is, using current input prices and excluding the cost of financing.

It would now cost $4,210 per kilowatt to build a new gigawatt-scale reactor, according to the new report. This cost is approximately $2,210 per kilowatt higher than the 2004 estimate because of commodity price changes and other factors.

Struggling restart

At the Center for Strategic and International Studies event on Dec. 1, CSIS president and CEO John Hamre said that economic issues have hindered the construction of new large-scale reactors in the United States. The key challenge facing the industry is the seven-to-nine-year gap between making a commitment to build a nuclear plant and revenue generation.

Few companies can afford to wait that long to see a return on the $10 billion investment that a large-scale nuclear plant would require. “This is a real problem,” Hamre said, but the advent of the small modular reactor “offers the promise of factory construction efficiencies and a much shorter timeline.”

Natural gas would be the chief competitor of nuclear power generated by small modular reactors, but predicting the future of the energy market a decade from now is a risky proposition, Rosner said. “We’re talking about natural-gas prices not today but 10, 15 years from now when these kinds of reactors could actually hit the market.”

The economic viability of small modular reactors will depend partly on how quickly manufacturers can learn to build them efficiently. “The faster you learn, the better off you are in the long term because you get to the point where you actually start making money faster,” Rosner noted.

Small modular reactors could be especially appealing for markets that could not easily accommodate gigawatt-scale plants, such as those currently served by aging, 200- to 400-megawatt coal plants, which are likely to be phased out during the next decade, Rosner said. An unknown factor that will affect the future of these plants would be the terms of any new clean-air regulations that might be enacted in the next year.

An important safety aspect of small modular reactors is that they are designed to eliminate the need for human intervention during an emergency. In some of the designs, Rosner explained, “the entire heat load at full power can be carried passively by thermal convection. There’s no need for pumps.”

Getting the first modular reactors built will probably require the federal government to step in as the first customer. That is a policy issue, though, that awaits further consideration. “It’s a case that has to be argued out and thought carefully about,” Rosner said. “There’s a long distance between what we’re doing right now and actually implementing national policy.”

The full reports can be downloaded at the Energy Policy Institute website: http://epic.uchicago.edu/page/publications-and-presentations.

Small reactors could figure into U.S. energy future | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

- Agreement extended to 2028 -

OAK BROOK, IL, Dec. 6, 2011 /CHICAGOPRESSRELEASE.COM/ – Primary Energy Recycling Corporation
(TSX: PRI), a clean energy company that generates revenue from
capturing and recycling recoverable heat and byproduct fuels from
industrial processes, today announced that it has finalized a long-term
contract for energy services for its Portside Energy facility.

Primary Energy built, owns, and operates the highly efficient 63 MW
combined heat and power (CHP) facility that supplies thermal and
electrical energy required by its host.

The new agreement takes effect after the expiry of the existing contract
in 2013 and continues through August 31, 2028. Terms of the agreement
require Primary Energy to further improve the Portside facility’s
overall efficiency through the implementation of a boiler turndown
project and the installation of a condensing economizer, both of which
are expected to be completed in 2012 at a total cost between US$6.5 and
US$8.5 million.

The overall financial terms of the agreement are in line with Primary
Energy’s expectations and consistent with its stated objectives for
contract renewals.

“This long-term renewal further strengthens our relationship with our
host and again demonstrates that we can extend our project contracts
that provide improved value to our customers while delivering on our
commitments to our shareholders,” said John Prunkl, President and Chief
Executive Officer of Primary Energy Recycling. “This agreement marks
the second long-term extension that we have signed in 2011 with a core
customer, illustrating the cost effectiveness of our energy recycling
and highly efficient combined heat and power solutions, which provides
our customers clean, reliable energy with the added benefit of reducing
carbon dioxide emissions while saving money.”

About Primary Energy Recycling Corporation
Primary Energy Recycling Corporation owns a majority interest in Primary
Energy Recycling Holdings LLC (“PERH”). PERH, headquartered in Oak
Brook, Illinois, indirectly owns and operates four recycled energy
projects and a 50 per cent interest in a pulverized coal facility
(collectively, the “Projects”). The Projects have a combined electrical
generating capacity of 283 megawatts and a combined steam generating
capacity of 1.8M lbs/hour. PERH creates value for its customers by
recycling recoverable heat and byproduct fuels from industrial and
electric generation processes and converting it into reliable and
economical electricity and thermal energy for resale back to its
customers. For more information, please see www.primaryenergy.com.

Forward-Looking Statements
When used in this news release, the word “expect” and similar
expressions are intended to identify forward-looking statements. Such
statements are subject to certain risks, uncertainties and assumptions
pertaining, but not limited, to cost and schedule overruns related to
the Portside modifications, including statements regarding
modifications to the Portside facility, operating performance,
regulatory parameters, weather and economic conditions and other
factors discussed in the Company’s public filings available on SEDAR at
www.sedar.com. These forward-looking statements are made as of the date of this press
release and the Company assumes no obligation to update or revise them
to reflect new events or circumstances except as required by applicable
securities laws.

SOURCE Primary Energy Recycling Corporation

Primary Energy Signs New Long-Term Contract for its Portside Energy Facility | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

Creating jobs, reducing utility costs and carbon emissions for low-income Communities

CHICAGO, Nov. 16, 2011 /CHICAGOPRESSRELEASE.COM/ — IFF, the nonprofit lender and real estate consultant, announced today that it received a $5.5 million low-cost loan and operating grant from Bank of America to expand its efforts to finance energy efficient retrofits for charter schools, nonprofit community facilities, and multifamily affordable housing in the Chicago Metro region.

“IFF is excited to be part of this innovative, national initiative—designed and delivered by Bank of America to have a direct and measurable impact on the low-income communities we serve,” said Joe Neri, IFF’s CEO. “Through the Energy Efficiency Finance Program, IFF will help nonprofits reduce their energy use and conserve scarce resources—helping them grow, create jobs and provide communities with more and better services.”

IFF is one of the Community Development Financial Institutions (CDFIs) selected to participate in Bank of America’s $55 million Energy Efficiency Finance Program announced last spring. The program will enable CDFIs to finance the upfront investment costs for building owners in low-income communities, bringing to scale innovative, local programs, providing energy efficient retrofits or improvements to buildings, contributing to local job creation and reducing overall energy usage. It also will reduce the carbon emissions from these residential and commercial buildings, which account for nearly 40 percent of all primary energy consumption in the United States. The energy cost savings realized over time will create cash flow to repay the loan.

“IFF has been doing exceptional work in our communities, and we’re supporting their continued innovation in helping improve building efficiency throughout the city,” said Tim Maloney, Bank of America Illinois president. “By increasing energy efficiency of the older building stock in our low-income communities, we’re working together to increase affordability, reduce environmental impact and create jobs where they are needed most.”

IFF will use Bank of America’s $5.5 million investment to support the growth of its energy efficiency lending and Energy Performance Program (E2P), which aims to invest at least $10 million in over 100 energy retrofit projects in nonprofit-owned buildings in the Chicago Metro region. Through E2P, IFF helps nonprofits identify energy efficiency upgrades and recommends improvements to reduce their energy use by up to 25 percent—with a payback period of less than 7 years. Specifically, Bank of America’s investment will fund low-cost loans to nonprofits making energy efficiency improvements, including those eligible for E2P, allowing them to finance the costs of those improvements and to use the resulting energy savings to offset their loan payments.

For example, IFF recently provided a low-cost loan of $1 million to the LEARN Charter School Network to renovate and make more energy efficient a vacant parochial school building. Improvements to the new campus—expected to reduce energy consumption by at least 15 percent—included high performance lighting fixtures, energy efficient windows, and a building automation system to control the lighting and mechanical systems. LEARN’s new Hunter Perkins Campus will serve 550 students and created 28 full-time staff jobs.

For more information about E2P and IFF’s other energy efficiency work, please visit iff.org/sustainable-solutions.

About IFF
IFF is a nonprofit lender and real estate consultant dedicated to strengthening nonprofits and the communities they serve. It helps nonprofits plan, finance, and build facilities that are critical to their mission and success. Founded in 1988, IFF has total assets of $220 million and serves nonprofits working with low-income communities and special needs populations in Illinois, Indiana, Iowa, Missouri, and Wisconsin. To learn more about IFF, visit www.iff.org.

SOURCE IFF

http://www.iff.org

Nonprofit Lender IFF Receives $5.5 Million From Bank of America to Finance Energy Efficient Building Retrofits | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

BUFFALO GROVE, Ill., Nov. 11, 2011 /CHICAGOPRESSRELEASE.COM/ — Home Warranty of America(HWA), a leading supplier of whole home protection plans across the United States, has been acquired by Direct Energy, North America’s largest competitive energy and energy-related services company. 

(Logo:  http://photos.CHICAGOPRESSRELEASE.COM.com/prnh/20090224/CG74225LOGO)

Headquartered in Buffalo Grove, Illinois, HWA provides whole home warranty services directly to customers and through a national network of real estate agents, insurance professionals, relocation companies, developers, title companies, bankers, home inspectors and mortgage brokers. With the necessary capabilities and licenses to operate in all 50 states, HWA’s comprehensive service delivery network, enterprise software and call center will support Direct Energy’s continued growth as North America’s largest home energy service provider.

“Direct Energy’s commitment to providing the most comprehensive, flexible, value-priced services plans, delivering superior in-house customer service, and national footprint make them our ideal partner as we continue to grow our business,” stated Marc Roth, President of HWA.

In 2010, Direct Energy Services acquired Florida-based Clockwork Home Services to become the largest provider of heating, cooling, plumbing and electrical services, serving more than three million households annually in North America. Clockwork Home Services complements the HWA’s existing business, enhancing its ability to offer protection plans to cover this substantial customer base. The Clockwork network includes the One Hour Heating and Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky brands.

“The further expansion of our Services business is an essential component of our North American growth strategy,” said Chris Weston, President and CEO of Direct Energy. “Direct Energy Services is already a leader in the Canadian home protection plan market, and the acquisition of HWA will accelerate Direct Energy’s access to the US market and its huge growth potential.”

“Adding HWA’s capabilities will position Direct Energy to become the first high quality national home services player offering dependable, peace of mind home protection. American homeowners will be able to rest easy knowing their major appliances are covered 24 hours a day,” said Eddy Collier, President of Direct Energy Services. “What’s more, the acquisition of an established nationwide home warranty provider brings infrastructure for significant cross-sell opportunities with our residential energy customer base.”

The transaction is subject to regulatory approval and customary closing conditions. It is expected to close during the first quarter of 2012.

About HWA

Home Warranty of America, Inc. of Buffalo Grove, IL, was founded in 1996 to provide home warranty coverage for houses, town homes, and condominiums. The Company has experienced remarkable growth to become a leading supplier of residential service contracts (home warranty) across the United States, and provides its services through real estate agents, insurance professionals, relocation companies, developers, title companies, bankers, and mortgage brokers. The Company also provides its comprehensive home warranties directly to the homeowner. It offers full coverage for every buyer without the home age restrictions that are common on competitor’s products. Service is a convenient 24/7 toll-free call away and repairs are performed by qualified, approved technicians. The Company offers a 30-day, money back guarantee on every home warranty. More information is available at www.hwaHomeWarranty.com.

About Direct Energy

Direct Energy is one of North America’s largest energy and energy-related services providers with over 6 million residential and commercial customer relationships. Direct Energy provides customers with choice and support in managing their energy costs through a portfolio of innovative products and services. A subsidiary of Centrica plc (LSE: CNA), one of the world’s leading integrated energy companies, Direct Energy operates in 46 states plus DC and 10 provinces in Canada. To learn more about Direct Energy, please visit www.directenergy.com.

For additional information, contact:

Monica O’Neill
Marketing Manager, Home Warranty of America
888-492-7359 ext. 745
moneill@hwahomewarranty.com

Lisa Frizzell
Director of Public Relations, Direct Energy
713-877-3733
lisa.frizzell@directenergy.com

SOURCE Home Warranty of America

http://www.hwahomewarranty.com

Home Warranty of America is Acquired by Direct Energy | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

OAK BROOK, IL, Nov. 8, 2011 /CHICAGOPRESSRELEASE.COM/ – Primary Energy Recycling Corporation
(the “Company” or “Primary Energy”) (TSX: PRI), a clean energy company
that generates revenue from capturing and recycling recoverable heat
and byproduct fuels from industrial processes, today announced its
financial and operational results for the third quarter ended September
30, 2011.

Financial Highlights              

Third Quarter, 2011 Highlights

• Increased revenue 8.3% in the third quarter of 2011 versus the third
  quarter of 2010;
• Net income and comprehensive income was $0.3 million for the third
  quarter of 2011, an improvement of $6.2 million over third quarter and
  2010;
• Contract renegotiation discussions with the site hosts for the Company’s
  Portside Energy project continued to progress meaningfully, while
  negotiations for Cokenergy are not expected to begin before early 2012;
  and
• Paid down 13.3% of the Company’s outstanding secured term loan to a
  balance of $50.6 million.

“All plants performed well during the quarter with an average
availability of 99%,” said John Prunkl, President and Chief Executive
Officer of Primary Energy. “Our adjusted EBITDA of $10.1 million meets
our overall expectations. We have made substantial progress concerning
contract renegotiations with the site host for the Company’s Portside
Energy project and remain optimistic that we can reach agreement on a
renewed contract by year end. North Lake remains on schedule and
budget.  With the North Lake renewal and the future Portside and
Cokenergy contract renewals we are entering into a multiyear period of
long term investment in our facilities.  These investments will be in
the form of plant major maintenance and capital expenditures primarily
related to contract renewal upgrades and environmental compliance. 
Also, Atlantic Power Corporation has completed its acquisition of
Capital Power Income LP and as a result now controls the manager under
Primary Energy’s management agreement and owns a 14.3% minority
interest in Primary Energy Recycling Holdings LLC (“PERH”). We intend
to continue to work with Atlantic Power Corporation in our efforts to
acquire the minority interest they hold in PERH and terminate the
management agreement.”

Operational Highlights

Third Quarter Financial Results
The Company’s revenue of $13.8 million in the third quarter of 2011
increased $1.1 million, or 8.3%, compared with revenue of $12.7 million
for the third quarter of 2010.  The increase is related to the variable
portion of Energy Service revenue.   North Lake’s revenue increased by
$0.6 million during the third quarter primarily due to increased host
operations resulting in higher steam delivery to the North Lake
facility.  The Ironside facility operated during the third quarter of
2011, but was out of service during a portion of the third quarter in
2010 which positively impacted revenue by $0.2 million. Revenue was
also positively impacted by increased host operating levels at the
other facilities and by renewable energy credit revenue of $0.1 million
recorded by the Cokenergy facility.

The Company’s revenue of $39.9 million in the first nine months of 2011
increased $0.7 million, or 1.7%, compared with revenue of $39.2 million
for the first nine months of 2010.  The increase is related to the
variable portion of Energy Service revenue, primarily due to the
operation of the Ironside facility during the first nine months of 2011
which was out of service during most of the same period in 2010 and
which positively impacted revenue by $0.7 million.

Operations and maintenance expense for the third quarter of 2011 was
$3.2 million compared to $3.6 million for the third quarter of 2010, a
decrease of $0.4 million or 13.5%.  Operations and maintenance expense
for the first nine months of 2011 was $10.0 million compared to $9.0
million for the first nine months of 2010, an increase of $1.0 million
or 11.3%. The increase for the nine month period was primarily due to
additional expenses associated with boiler repairs, contractor labor,
water chemical treatments, environmental control system repairs and
general maintenance.

Interest expense for the third quarter of 2011 was $1.5 million compared
to $2.4 million for the third quarter of 2010, a decrease of $0.9
million.  This decrease is primarily due to the reduced level of debt
outstanding under the Company’s credit facility partially offset by
increased amortization of deferred finance fees during the third
quarter of 2011

Operating income for the third quarter of 2011 was $3.3 million compared
to an operating loss of $3.3 million for the third quarter of 2010, an
increase of $6.6 million. Operating income for the first nine months of
2011 was $5.2 million compared to an operating loss of $1.0 million for
the first nine months of 2010, an increase of $6.2 million. The
increases noted are primarily due to reductions in depreciation and
amortization and stock based compensation.

Net income and comprehensive income for the third quarter of 2011 was
$0.3 million compared to a net loss and comprehensive loss $5.9 million
for the third quarter of 2010, an improvement of $6.2 million. Net loss
and comprehensive loss for the first nine months of 2011 was $2.8
million compared to $10.4 million for the first nine months of 2010, an
improvement of $7.6 million.

The Company’s full financial statements and Management’s Discussion and
Analysis for the quarter ended September 30, 2011 are available at www.sedar.com or the Company’s website at www.primaryenergyrecycling.com.

International Financial Reporting Standards (“IFRS”) Impact
The three month period ended September 30, 2011 was the Company’s third
reporting period under IFRS.  As anticipated and disclosed in the
fourth quarter of 2010, the adoption of IFRS had an impact on the
presentation of the Company’s 2011 third quarter financial results.
From an income standpoint, depreciation is impacted as a result of the
componentization of the major aspects of property plant and equipment
along with the capitalization of overhaul activity that previously had
been expensed as part of operations and maintenance expenses.

Additionally, the reporting of the financial activity of the Company’s
investment in PCI Associates, through which it holds a 50% interest in
the Harbor Coal facility, is impacted due to the use of the equity
method for financial reporting versus the proportionate consolidation
method.

Additional IFRS information can be found in Primary Energy’s full
financial statements and Management’s Discussion and Analysis for the
quarter ended September 30, 2011.

Conference Call and Webcast
Management will host a conference call to discuss the third quarter
results on Wednesday, November 9, 2011 at 10 am (ET).  Following
management’s presentation, there will be a question and answer session.
To participate in the conference call, please dial (888) 231-8191 or
(647) 427-7450.

A digital conference call replay will be available until midnight on
November 16, 2011 (ET) by calling (800) 642-1687 or (416) 849-0833.
Please enter the passcode 20613689 when instructed. A webcast replay
will be available for 90 days by accessing a link through the Investor
Information section at www.primaryenergyrecycling.com.

Forward-Looking Statements
When used in this news release, the words “intend”, “likely”,
“anticipate”, “expect”, “project”, “believe”, “estimate”,
“forecast”, ”outlook” and similar expressions, are intended to identify
forward-looking statements, including statements regarding maintenance
and capital expenditures and the acquisition of the minority interest
in PERH and the termination of Primary Energy’s management agreement.
Such statements are subject to certain risks, uncertainties and
assumptions pertaining, but not limited, to recovery in the steel
industry, continued strong performance from the mills we serve
consistent with historical patterns, timely renewal of contracts at the
Company’s facilities, no protracted outages (planned or unplanned) for
any of our facilities, operating and maintenance costs and general and
administrative costs being similar to recent years except as described
in this press release, regulatory parameters, weather and economic
conditions and other factors discussed in the Company’s public filings
available on SEDAR at www.sedar.com. Additional risks and uncertainties not currently known or that are
currently deemed to be immaterial may also materially and adversely
affect the Company’s business operations and outlook. Any of the
matters highlighted in the Company’s risk factor disclosure could have
a material adverse effect on the Company’s results of operations,
business prospects and outlook, financial condition or cash flow, in
which case, the market price or value of the Company’s Common Shares
could be adversely affected. These forward-looking statements are made
as of the date of this press release and the Company assumes no
obligation to update or revise them to reflect new events or
circumstances, except as required by applicable securities laws.

About Primary Energy Recycling Corporation
Primary Energy Recycling Corporation owns a majority interest in Primary
Energy Recycling Holdings LLC (“PERH”). PERH, headquartered in Oak
Brook, Illinois, indirectly owns and operates four recycled energy
projects and a 50 per cent interest in a pulverized coal facility
(collectively, the “Projects”). The Projects have a combined electrical
generating capacity of 283 megawatts and a combined steam generating
capacity of 1.8M lbs/hour. PERH creates value for its customers by
recycling recoverable heat and byproduct fuels from industrial and
electric generation processes and converting it into reliable and
economical electricity and thermal energy for resale back to its
customers. For more information, please see www.primaryenergyrecycling.com.

¹As used herein, EBITDA means earnings before interest, taxes and
depreciation and amortization.   EBITDA is reconciled to net income
(loss) and comprehensive income (loss) in the table below.  EBITDA is
not a recognized measure under IFRS and does not have a standardized
meaning prescribed by IFRS. Therefore, EBITDA may not be comparable to
similar measures presented by other companies.

²As used herein, references to Adjusted EBITDA are to EBITDA as adjusted
for certain non-recurring adjustments for major maintenance/outage work
expenses and non-cash stock based compensation that represent recorded
expenses based on specific circumstances and are not expected to be
part of the Company’s ongoing business activity. Adjusted EBITDA is not
a recognized measure under IFRS and does not have a standardized
meaning prescribed by IFRS. Therefore, Adjusted EBITDA may not be
comparable to similar measures presented by other companies.

³As used herein, Free Cash Flow means net cash provided by operating
activities as adjusted for capital expenditures.  Free Cash Flow is not
a recognized measure under IFRS and does not have a standardized
meaning prescribed by IFRS. Therefore, Free Cash Flow may not be
comparable to similar measures presented by other companies.

⁴Total Gross Electric Production means the aggregate amount of
electricity produced by all of the Company’s facilities during the
period. The amount is gross generation and is not reduced by internal
electric usage of the facilities’ auxiliary equipment. The unit of
measure is megawatt hours (MWh).  Due to the fixed and variable nature
of customer contracts, MWh production cannot be directly tied to
financial performance.

⁵Total Thermal Energy Delivered means the aggregate amount of heat energy
contained in the steam and heated water delivered to customers by all
of the Company’s facilities during the period. The unit of measure is
million of British Thermal Units (MMBTU). Due to the fixed and variable
nature of customer contracts, MMBTU production cannot be directly tied
to financial performance.

⁶Harbor Coal Utilization is a factor that incorporates the production
level of a blast furnace and the amount of coal utilization per unit of
blast furnace production as compared to a reference blast furnace
production level and coal utilization rate per unit of blast furnace
production. The measurement unit is a ratio expressed as a percentage.

Management believes that EBITDA, Adjusted EBITDA, Free Cash Flow, Total
Gross Electric Production, Total Thermal Energy Delivered and Harbor
Coal Utilization provide useful supplemental information regarding the
performance of the Company, facilitate comparisons of historical
periods and are indicative of the Company’s operating results.  Note
however, that these items are performance measures only, and do not
provide any measure of the Company’s cash flow or liquidity, and are
not a substitute for IFRS financial measures.

Non-IFRS Measures

The Company reports its financial results in accordance with IFRS. The
Company’s management also evaluates and makes operating decisions using
various other measures.  Three such measures are EBITDA, Adjusted
EBITDA and Free Cash Flow, which are non-IFRS financial measures. We
believe these measures provide useful supplemental information
regarding the performance of Company’s business.

SOURCE Primary Energy Recycling Corporation

Primary Energy Reports Third Quarter Results | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

SPRINGFIELD – The Illinois Department of Commerce and Economic Opportunity’s Office of Energy Assistance today announced that anyone eligible to receive winter heating assistance through the Low Income Home Energy Assistance Program (LIHEAP) can apply beginning on Nov. 1.

This year, for the first time, some LIHEAP clients will have the option of choosing between the traditional Direct Vendor Payment (DVP) plan or the new Percentage of Income Payment Plan (PIPP). The PIPP is available to eligible LIHEAP clients who are customers of Ameren Illinois, ComEd, Nicor Gas and Peoples Gas/North Shore Gas. Under PIPP, the eligible client will pay a percentage of their income, receive a monthly benefit towards their utility bill, and receive a reduction in overdue payments for every on-time payment they make by the bill due date.  The traditional DVP plan is a one-time payment.

Due to the start-up of PIPP, LIHEAP clients may experience longer wait times when applying for assistance, but should ultimately receive better service delivery. Clients must bring all required documentation when applying for assistance including:

• Proof of gross income from all household members for the 30-day period prior to the application date.
• A copy of their current heat and electric bills issued within the last 30 days (if they pay for their energy directly).
• A copy of their rental agreement (if they are renting) showing that utilities are included, the monthly rental amount and landlord contact information.
• Proof of Social Security numbers for all household members.
• Proof that their household received TANF or other benefits, such as Medical Eligibility or SNAP, if receiving assistance from the Illinois Department of Human Services.

LIHEAP is a state and federally funded energy assistance program for low income families, in which heating bill payments are made on behalf of households.

A single-person household can qualify with a monthly income of up to $1,361; a two-person household up to $1,839; a family of three can earn up to $2,316; and a family of four can earn up to $2,794. Benefits are paid directly to utilities on behalf of eligible households. The exception is households whose heating costs are included in their rent.

LIHEAP applications are processed through a network of 35 local administering agencies around the state. These agencies will begin accepting applications on a first-come, first served basis from all individuals eligible for LIHEAP assistance on Nov. 1.

Priority enrollment for seniors and people with disabilities eligible for LIHEAP began on Sept. 1.  Enrollment for households with children under the age of five for LIHEAP assistance began on Oct. 1.
 
Customers will be served on a first-come first-served basis until funding is exhausted.

For a complete listing of LIHEAP’s local administering agencies and additional information about the program, go to LiheapIllinois.com, or call the toll-free hotline at 1 877 411-WARM.
 

State Announces Open Enrollment for Home Heating Assistance – All Illinoisans Eligible for LIHEAP Program Can Apply Beginning Nov. 1 | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

SPRINGFIELD, Ill., Oct. 27, 2011 /CHICAGOPRESSRELEASE.COM/ — The General Assembly today enacted the Energy Infrastructure Modernization Act, setting in motion a $2.6 billion investment by ComEd to strengthen and modernize the state’s electric grid. The groundbreaking legislation will create thousands of jobs, improve system reliability, provide new ways for consumers to save on their energy bills and establish the most progressive accountability-based regulatory model in the country.

Final approval came when the General Assembly overrode Governor Quinn’s veto of Senate Bill 1652.

“Today, the General Assembly took a historic step toward creating a stronger Illinois that will help us deliver more value and better service to the 3.8 million customers we proudly serve,” said ComEd President and Chief Operating Officer Anne Pramaggiore. “We thank our supporters in the General Assembly for their leadership.”

In the hours leading up to final vote, the General Assembly also passed a separate trailer bill introduced earlier in the week that added provisions toughening utility performance standards, lowering the allowed return on equity and establishing a fund to assist low-income customers, seniors and disabled veterans with their utility bills.

Senate Bill 1652 was sponsored in the House by Rep. Kevin McCarthy (D-Orland Park) and in the Senate by Sen. Mike Jacobs (D-Moline). The trailer bill adding new provisions to the Smart Grid legislation was developed by Sen. Don Harmon (D-Oak Park).

“We appreciate the hard work of the three chief legislative sponsors in addressing the many issues involving in writing and passing complex legislation such as this,” Pramaggiore said. “This was truly a collaborative process, with scores of changes made over the course of the past several months to ensure legislation that would achieve its primary goal of authorizing a major long-term investment in grid modernization and ensure strong consumer protections.”

The final package authorizes implementation of a 10-year, $2.6 billion investment program by ComEd to strengthen the existing electric system, while adding new digital smart technology. Its passage means a variety of benefits now will become reality for Illinois:

• SB 1652 will put Illinois back to work with specific provisions that mandate more than 2,500 statewide jobs at the peak of the grid’s build-out. The investment also will spur job growth in construction, cable and electric equipment manufacturing and other key traditional industries.
• A Smart Grid will improve overall system reliability, reducing outages and improving power restoration while allowing consumers to save money through a set of new Smart Grid-related efficiencies. Smart meters will help consumers save on energy costs by providing options for new pricing plans, better managing energy use and becoming eligible for new rebates by reducing power usage in peak hours.
• It also will contribute to a cleaner environment by increasing funding for energy efficiency programs and encouraging greater use of solar and wind power. Development of the Smart Grid will allow for the intelligent charging stations needed to encourage greater use of electric vehicles.
• Under the trailer bill, ComEd will provide $50 million and Ameren will provide $10 million in programs designed to help low-income families and seniors over the 10-year program laid out in SB 1652. This overall $60 million assistance fund is in addition to $50 million already designated in SB 1652 for education outreach to all residential energy consumers.
• The trailer bill also re-directed $200 million toward targeted “undergrounding” of overhead lines, tree-resistant overhead conductors and other storm hardening solutions to strengthen the distribution system in the wake of the historic storm season of 2011. These solutions are in addition to the inspection and replacement of residential underground cable and mainline cable programs that are also a prominent piece of SB 1652.

Sen. Jacobs and Rep. McCarthy cited the benefits a modern grid will bring to consumers and to Illinois’ economy.

“The investment, job creation, economic development, and regulatory improvements contained in the Energy Infrastructure Modernization Act will unlock many significant opportunities for residents and businesses that depend on quality reliable power to thrive,” said McCarthy. “And customers throughout Illinois, including seniors and low-income families, will have the opportunity to save significantly on their electric bills through a variety of rebate and pricing programs, as well as by simply having more information and ability to control their electric use.”

“The passage of SB 1652 is a game-changer for Illinois working families.  Over the past few years, we’ve seen countless skilled workers seek jobs in other states, because the work hasn’t been here. This bill reaffirms my commitment to putting Illinois back to work,” said Jacobs.

Senator Harmon praised the collaborative effort to put together a legislative package that secured bipartisan support.

“The entire package in this legislation is the product of thoughtful negotiations that have taken place over many months and involved many stakeholders,” said Harmon. “This resulted in an improved and comprehensive plan from what was initially proposed. This was always the goal and we would not be standing today on the cusp of a new era for Illinois were it not for the bipartisan support and cooperation among everyone who realized the opportunity a modern grid will provide to Illinois.”

Pramaggiore said she looks forward to beginning the work to modernize Illinois grid and make the benefits of SB 1652 a reality.

“The passage of this legislation is just the beginning of the process. “Tomorrow we begin the serious work of developing a Smart Grid and smart meter system. We intend to work closely and collaboratively with our partners and stakeholders to bring all perspectives to bear as we work to create an electric service model that is more reliable, more flexible, greener and more customer-focused.”

Commonwealth Edison Company (ComEd) is a unit of Chicago-based Exelon Corporation (NYSE: EXC), one of the nation’s largest electric utilities with approximately 5.4 million customers. ComEd provides service to approximately 3.8 million customers across northern Illinois, or 70 percent of the state’s population.

SOURCE ComEd

http://www.exeloncorp.com

Illinois General Assembly Enacts Energy Infrastructure Modernization Act | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

CHARLESTON, Ill., Oct. 7, 2011 /CHICAGOPRESSRELEASE.COM/ — Eastern Illinois University (EIU) and Honeywell (NYSE: HON) today unveiled the school’s Renewable Energy Center (REC), one of the largest university biomass installations in the country, as part of a grand opening ceremony held on campus for students, faculty and the broader Charleston community.

The REC is a 19,000-square-foot steam plant that will provide heat for buildings and classrooms across the university grounds. It is driven by two large biomass gasifiers – the first application of this technology in Illinois and the surrounding region – that use wood chips from forest residue for fuel. By switching to a renewable energy source, EIU will reduce annual carbon dioxide emissions by an estimated 20,000 metric tons, which is equivalent to removing more than 3,600 cars from the road, according to figures from the U.S. Environmental Protection Agency.

The new plant is one piece of a comprehensive energy- and environmental-conservation program that also includes a variety of upgrades to other university facilities and infrastructure. The product of close collaboration between EIU and Honeywell, the program is expected to cut energy use on campus in half and carbon dioxide emissions by 80 percent. The facility will more than pay for itself through the projected $140 million in energy savings over the next two decades – savings that are guaranteed through a 20-year performance contract with Honeywell.

The facility will also have a major educational benefit. The REC’s dedicated classroom space and advanced technology displays are helping the university develop a Center for Clean Energy Research and Education (CENCERE) to provide EIU students and faculty extensive opportunities for clean-energy research. The university also offers a new academic minor in sustainability and is in the process of adding a master’s degree in renewable energy.

“This facility is a symbol of Eastern Illinois University’s commitment to our campus and environment, and demonstrates our willingness to take a progressive step toward sustainability,” said Bill Perry, president of Eastern Illinois University. “Operating our campus with a renewable resource allows us to show that cleaner energy options are both practical and fiscally responsible. This will not only impact our operations, but permeate into our curriculum as well.”

To heat the campus, a material-handling system at the plant delivers wood chips to the biomass gasifiers where they are broken down in a heated, oxygen-deprived chamber, creating a synthetic gas that burns similar to natural gas. The gas is then used to fire high-efficiency boilers, which results in more complete combustion and lower emissions, and gives EIU a carbon-neutral solution for heating its facilities.

The gasifiers will consume an estimated 27,000 tons of wood per year, replacing the more than 10,000 tons of coal burned annually by EIU’s existing plant, which will be decommissioned and repurposed for other university needs.

The REC also features a back-pressure turbine that is powered by superheated steam from one of the boilers to generate electricity, as well as two ground-mounted solar arrays. The turbine and arrays will provide other sources of renewable energy for the university and generate almost 3 million kilowatt-hours of electricity per year – enough to power 250 homes on average.

Along with the steam plant, the broader, $80-million program with Honeywell includes energy- and water-efficiency upgrades across campus. EIU financed the work and is using the subsequent savings to pay for the improvements. As a result, the program will not place a burden on the university’s budget, or require additional taxpayer dollars or student fees.

“EIU is now one of the leading examples of what’s possible when an organization takes a long-term, strategic approach to energy and the environment,” said Paul Orzeske, president of Honeywell Building Solutions. “We worked closely with the university to define its needs as an institution and tailor a program to help meet its goals. This is innovation with a clear purpose in mind, and the entire campus and community benefits as a result.”

About Eastern Illinois University
Eastern Illinois University (www.eiu.edu) has a rich tradition of preparing students to accomplish their life goals through a great combination of quality academics and personal relationships. In the U.S. News and World Report rankings for Midwestern master’s universities, EIU is 12th in the 12-state region, and second among Illinois public universities. EIU has earned its reputation by offering a wide variety of undergraduate and graduate programs taught by an experienced and caring faculty. The student-faculty ratio is 16:1, and only 3 percent of all classes have 50 or more students. Among all Illinois public master’s universities, EIU has the highest freshman retention rate and the second-highest graduation rate. In addition to reasonable tuition, fees, and room and board rates, EIU offers a textbook rental system, saving the average student hundreds of dollars per semester. A variety of excellent on-campus housing opportunities are available on the safe, compact 320-acre campus. Year after year, EIU ranks high in alumni job placement, alumni satisfaction and employer satisfaction.

About Honeywell
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions: www.honeywell.com/buildingsolutions.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

Eastern Illinois University and Honeywell Fire Up New Biomass-Fueled Steam Plant | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

ATLANTA, Oct. 6, 2011 /CHICAGOPRESSRELEASE.COM/ — GDF SUEZ Energy Resources, one of the largest competitive retail electric providers in the country, announced today that it will supply renewable energy certificates (RECs) to the Association of Energy Engineers (AEE) for the 2011 World Energy Engineering Congress Conference & Expo to be held in Chicago, Illinois.

The RECs, which will be Green-e® Energy Certified, are targeted to match the electricity consumed at Navy Pier in Chicago, where the two-day expo will be held October 12-13.  A Green-e® Certified REC represents the environmental attributes of electricity generated from wind, solar or other renewable generation facilities that meet certain vintage and production standards.  Organizations may use RECs to offset their indirect greenhouse gas emissions and help support the operation and development of domestic sources of cleaner, renewable energy.

“Like the Association of Energy Engineers, we are dedicated to encouraging the use of clean, renewable energy, and to pursuing sustainable practices in our business,” said Robert Wilson, President and CEO for GDF SUEZ Energy Resources. “Our participation not only reflects that dedication, but also reinforces the commitment to environmental responsibility that we share with the AEE.”

The 2011 Engineering Congress, dubbed “WEEC 2011,” attracts high level decision-makers from business, industry and government who seek energy solutions that assure a safe, secure power supply and effective management of costs.  Attendees can visit the GDF SUEZ Energy Resources booth, #605, to learn how the company can assist them with those concerns, including strategies for mitigating electricity market risk, managing demand and consumption and maximizing the opportunities of a competitive marketplace.

“Our continuing use of renewable energy certificates further strengthens AEE’s message that sustainable practices are critical to businesses, energy managers and energy engineers nationwide,” said AEE Executive Director Albert Thumann.  ”AEE is committed to fostering the energy and sustainable industries.  The RECs provided by GDF SUEZ Energy Resources enable AEE to show its commitment to sustainability and provide the awareness to key industry thought leaders at an important industry meeting.  It’s a win-win.”

GDF SUEZ Energy Resources NA is one of the largest non-residential retail energy suppliers in the competitive retail markets in the U.S. and currently serves commercial and industrial customers in 12 markets:  Delaware, Texas, Massachusetts, Maine, Maryland, New York, New Jersey, Pennsylvania, Illinois, Connecticut, Ohio, and Washington, D.C. The company serves more than 73,000 accounts for customers having a peak demand ranging from 50 kilowatts to more than 200 megawatts, with an estimated peak load totaling nearly 10,000 megawatts.

For more about GDF SUEZ Energy Resources, visit www.gdfsuezenergyresources.com or call 1-866-999-8374.  Follow GDF SUEZ Energy Resources on LinkedIn, Twitter: @GDFSUEZEnergy and Facebook.  GDF SUEZ Energy Resources is part of International Power, which in North America manages a range of energy businesses in the U.S., Mexico, and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG) distribution and sales, asset-based trading and origination, and retail energy sales and related services to commercial and industrial customers.

International Power is listed on the London Stock Exchange with ticker symbol IPR. GDF SUEZ SA holds a 70% interest in International Power plc.  For more information, please visit www.iprplc-gdfsuez.com and www.gdfsuez.com.

About AEE

The Association of Energy Engineers (AEE) is a nonprofit professional society of over 14,000 members in 81 countries.  The mission of AEE is “to promote the scientific and educational interests of those engaged in the energy industry and to foster action for Sustainable Development.”  AEE offers a full array of informational outreach programs including seminars (live and internet based), conferences, journals, books, and certification programs, learn more at www.aeecenter.org.

SOURCE GDF SUEZ Energy Resources

http://www.gdfsuez.com
http://www.aeecenter.org

GDF SUEZ Energy Resources to Supply Renewable Energy Certificates to 2011 WEEC Conference and Expo | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

NAPERVILLE, Ill., Oct. 5, 2011 /CHICAGOPRESSRELEASE.COM/ — Nalco (NYSE: NLC), providing essential expertise for water, energy and air, announced today it will release its third-quarter 2011 financial results after market close on November 1.

At 10 a.m. ET on November 2, the Company will hold a conference call and live audio webcast led by Nalco Chairman and Chief Executive Officer J. Erik Fyrwald and Executive Vice President and Chief Financial Officer Kathryn Mikells to discuss these results.

To help ensure the conference call begins in a timely manner, please dial in five to 10 minutes prior to the scheduled start time on November 2.

The audio webcast will be available through the Investor Relations section of Nalco’s Web site, www.nalco.com/investors. Following the live event, an archived version of the Webcast will also be available on the Investor Relations section of the Nalco website.

About Nalco

Nalco is the world’s largest sustainability services company focused on industrial water, energy and air applications; delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World and North America Indexes. More than 12,000 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2010, Nalco achieved sales of $4.25 billion. For more information visit www.nalco.com.  

Follow us on Twitter at www.twitter.com/Nalco_News and www.twitter.com/NalcoCompany.  

Media Contact: Charlie Pajor
630 305 1556
cpajor@nalco.com

Investor Contact: Lisa Curran
630 305 1475
llcurran@nalco.com

SOURCE Nalco

http://www.nalco.com

Nalco Announces Dates for Third-Quarter Financial Results and Conference Call/Webcast | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

CHICAGO, Sept. 14, 2011 /CHICAGOPRESSRELEASE.COM/ – Environmental advocates T. Boone Pickens and Alexandra Cousteau keynote the World Energy Engineering Congress conference that addresses industry growth, job advancement and energy management and efficiency for nation’s building / plant engineers.

The job opportunities available in the energy management industry will be among the top discussion items at the World Energy Engineering Congress (WEEC) in Chicago, October 12-14, 2011, at the Navy Pier Convention Center. Presented by the Association of Energy Engineers (AEE), the largest trade association dedicated to energy management, the WEEC is in its 34th year, and is the most important global event for professionals in all areas of the energy field.

More than 250 speakers are scheduled to present on the latest energy industry trends, including energy efficiency, alternative/green energy, smart grid innovations and how these forces merge with new technologies and regulatory developments that affect not just the industry, but the nation’s economic future.

The WEEC will feature two of the most respected names in energy management and conservation:

• T. Boone Pickens is founder and chairman of BP Capital Management, one of the world’s most successful energy-oriented investment firms, and author of the best-selling The First Billion is the Hardest. Pickens will offer open and candid responses to audience questions about America’s dependence on imported oil while providing details on how the U.S. can dramatically enhance its energy security.
• A globally recognized advocate on water quality and policy, Alexandra Cousteau will open the conference and speak on the importance of conservation and sustainable management of water resources needed to preserve a healthy planet.

“WEEC will be a benefit to building and engineering professionals who strive to help reduce operating costs and improve their companies’ bottom lines,” said Albert Thumann, P.E., C.E.M., AEE’s founder and executive director.  ”The conference will feature the most sought-after thought leaders in energy management technologies for the federal, commercial, institutional, and industrial marketplaces.  Everyone is affected by energy efficiency; it’s our job to make sure that we are communicating as much as we can to change the future now.”

Energy Industry Creates Job Opportunities
The energy management field is big business, and unlike other fields, offers great career opportunities during this challenging economy.  Thumann noted that according to a recent AEE survey, nearly three-fourths of executives indicated a need for training and hiring strategies to meet growing demands for green collar jobs.

“With job creation being a hot a topic on the federal agenda,” Thumann noted, “smart companies and professionals are looking to AEE for ways to develop an alternative energy strategy and make their buildings and plants more energy efficient.”

The WEEC is hosted by Science Applications International Corporation (SAIC) and is presented by AEE, featuring Platinum Sponsors ComEd and Trane, along with Silver Sponsor U.S. EPA ENERGY STAR. Other sponsors include the Alliance to Save Energy, ACORE, AFE, the Midwest Energy Efficiency Alliance (MEEA), North America Power Partners, CLEAResult, 3M, CBRE, Jones Lang LaSalle, RTKL, Corning, Constellation Energy and ARCADIS.

To learn more about the 2011 World Energy Engineering Congress, visit www.energycongress.com.  For free tickets to the WEEC Expo, visit http://www.aeecenter.org/weecexpo.

Full conference program details are at http://www.energycongress.com/conference

About the Association of Energy Engineers
The Association of Energy Engineers (AEE) is your source for information and networking in the dynamic fields of energy engineering and energy management, renewable and alternative energy, power generation, energy services, sustainability and all related areas. As a growing professional association, AEE’s overall strength is augmented by its strong membership base of over 14,000 professionals in 83 countries and its widely recognized energy certification programs. Its network of 70 local chapters, located throughout the U.S. and abroad, meets regularly to discuss issues of regional importance. Learn more at http://www.aeecenter.org.

For inquiries, contact Megan O’Neil, megan@aeecenter.org

SOURCE Association of Energy Engineers

http://www.aeecenter.org
htp://www.energycongress.com

Energy Summit in Chicago Focuses on Creating Jobs; Building Competitive Edge in a Tough Economy | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

CHICAGO, Sept. 8, 2011 /CHICAGOPRESSRELEASE.COM/ — Suzlon Wind Energy Corp., the North American subsidiary of Suzlon Energy Limited (SEL) – the world’s fifth largest wind turbine manufacturer – today announced that the owners of the first stand-alone wind farm built with its new S97 turbines have closed on long-term financing.

The 31.5 MW site in Amherst, Nova Scotia, is powered by 15 Suzlon S97-2.1 MW turbines, specifically designed to improve energy yields in low to moderate wind regimes. The S97 wind turbine is part of Suzlon’s new S9X suite that features turbines which address increased customer demand for low to medium wind-speed machines. At full capacity, the turbines in operation at the Amherst wind power project will generate enough electricity to power more than 11,000 Canadian homes. The project is owned by SP Amherst Wind Power L.P., a partnership between subsidiaries of Sprott Power Corp. and Firelight Infrastructure Partners L.P. The partnership closed on $45 million in non-recourse, construction and take-out debt financing arranged by Stonebridge Financial Corporation with funding provided by the Great-West Life Assurance Company and Ontario Pension Board.

“This announcement marks a major milestone for Suzlon and underscores the continued confidence that lenders have in our newest S9X suite of turbines,” said Andris Cukurs, CEO of Suzlon Wind Energy Corp. “The S9X is an evolution of Suzlon’s proven technology platform, and every aspect of the turbine features enhanced design to deliver a higher return on investment for the customer.”

Construction on the Amherst Project began in May 2011 and is expected to be completed in the first fiscal quarter of 2012.

For more information on Suzlon, please visit: www.suzlon.com.

About Suzlon Wind Energy Corporation

Suzlon Wind Energy Corporation focuses on the North American market and is a subsidiary of Suzlon Energy Limited, India. The headquarters for North America is based in Chicago, Illinois. Sales and service offices are located throughout the U.S.

About Suzlon Group:

The Suzlon Group is ranked as the world’s fifth largest* wind turbine supplier, in terms of cumulative installed capacity, at the end of 2010. The company’s global spread extends across Asia, Australia, Europe, Africa and North and South America with over 17,000 MW of wind energy capacity installed in 25 countries, operations across 32 countries, a workforce of over 13,000 and revenues of approximately US$ 4 billion. The Group offers one of the most comprehensive product portfolios – ranging from sub-megawatt on-shore turbines at 600 Kilowatts (KW), to the world’s largest commercial 6.15 MW offshore turbine – built on a vertically integrated, low-cost, manufacturing base. The Group – headquartered at Suzlon One Earth on Pune, India – comprises Suzlon Energy Limited and its subsidiaries, including REpower Systems AG in which the company holds ~95 per cent share. Visit us at www.suzlon.com

Source: *BTM Consult ApS – A part of Navigant Consulting – World Market Update 2010.

Press Contacts:

USA:

Edelman Public Relations for Suzlon North American Headquarters
Mike Aabram
Tel: 312.297.7021
Mike.Aabram@Edelman.com

SOURCE Suzlon Wind Energy Corp.

http://www.suzlon.com

Wind Farm Powered by Suzlon S97 Turbines Receives Long-Term Financing | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

SPRINGFIELD – The Illinois Department of Commerce and Economic Opportunity’s Office of Energy Assistance today announced that seniors and people with disabilities can begin applying for winter heating assistance through the Low Income Home Energy Assistance Program (LIHEAP) beginning Sept. 1.

For the first time, some LIHEAP clients will have the option of choosing between the traditional Direct Vendor Payment (DVP) plan or the new Percentage of Income Payment Plan (PIPP). The PIPP is available to eligible LIHEAP clients who are customers of Ameren Illinois, ComEd, Nicor Gas and Peoples Gas/North Shore Gas. Under PIPP, the eligible client will pay a percentage of their income, receive a monthly benefit towards their utility bill, and receive a reduction in overdue payments for every on-time payment they make by the bill due date.  The traditional DVP plan is a one-time payment.

Due to the start-up of PIPP, LIHEAP clients may experience longer wait times when applying for assistance, but should ultimately receive better service delivery. Clients must bring all required documentation when applying for assistance including:

• Proof of gross income from all household members for the 30-day period prior to the application date.
• A copy of their current heat and electric bills issued within the last 30 days (if they pay for their energy directly).
• A copy of their rental agreement (if they are renting) showing that utilities are included, the monthly rental amount and landlord contact information.
• Proof of Social Security numbers for all household members.
• Proof that their household received TANF or other benefits, such as Medical Eligibility or SNAP, if receiving assistance from the Illinois Department of Human Services.

LIHEAP is a state and federally funded energy assistance program for low income families, in which heating bill payments are made on behalf of households.

A single-person household can qualify with a monthly income of up to $1,361; a two-person household up to $1,839; a family of three can earn up to $2,316; and a family of four can earn up to $2,794. Benefits are paid directly to utilities on behalf of eligible households. The exception is households whose heating costs are included in their rent.

LIHEAP applications are processed through a network of 35 local administering agencies around the state. These agencies will begin accepting applications on a first-come, first served basis from the elderly and people with disabilities on Sept. 1.

Households with children under the age of five can begin applying for LIHEAP assistance beginning Oct. 1. Individuals not eligible for priority enrollment can apply beginning Nov. 1.
 
Customers will be served on a first-come first-served basis until funding is exhausted.

For a complete listing of LIHEAP’s local administering agencies and additional information about the program, go to LiheapIllinois.com, or call the toll-free hotline at 1 877 411-WARM.

State Announces Start of Home Heating Assistance Enrollment – Seniors, People with Disabilities Can Apply for LIHEAP Program Beginning Sept. 1 | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

NAPERVILLE, Ill., Aug. 23, 2011 /CHICAGOPRESSRELEASE.COM/ — Nalco (NYSE: NLC), providing essential expertise for water, energy and air, has published its 2010 Sustainability Report which documents actions and progress toward Nalco’s vision to earn customers for life and enhance the lives of employees while protecting the planet.

“As one of the world’s largest sustainability services companies we work daily to deliver water and energy savings and reduced emissions for our global customers and in our own operations,” said Erik Fyrwald, Nalco Chairman and Chief Executive Officer.  ”This report highlights the many actions we have taken to deliver strong economic, environmental and social performance to our many stakeholders.”

The 32-page report includes a summary of expanded stakeholder dialogue efforts and examples of how Nalco programs help customers minimize their environmental footprint by improving the efficiency of their operations, saving water and energy while reducing emissions. It also details ongoing improvements and accomplishments in Nalco’s own operations including:

• Sharp year-over-year declines in vehicle accidents, exceeding goals for both total vehicle accidents and severe vehicle accidents
• Global employee injury rates that remained among the best in its industry, ranking in the top 25 percent
• Total Nalco energy use below the 2012 target of a 10 percent reduction from 2007, despite a sharp rise in production
• Reductions in both greenhouse gas and NOx (nitrogen oxide) emission intensity from the previous year
• Charitable donations and community support by Nalco and the Nalco Foundation in excess of $1 million

For the second consecutive year, the report is based on the Global Reporting Initiative framework, which is a standardized approach to reporting designed to stimulate demand for sustainability information. This report also serves as Nalco’s annual Communication on Progress for the United Nations Global Compact and the CEO Water Mandate. The Global Compact is world’s largest corporate citizenship and social responsibility organization committed to 10 principles covering human rights, labor, environment and anti-corruption. The CEO Water Mandate is a further commitment by companies to support and advance water sustainability solutions.

You can view the 2010 Sustainability Report and the Detailed Appendix of the report at www.nalco.com/sustainability.

About Nalco

Nalco is the world’s largest sustainability services company focused on industrial water, energy and air applications; delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World and North America Indexes. More than 12,000 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2010, Nalco achieved sales of $4.25 billion. For more information visit www.nalco.com.

Follow us on Twitter at www.twitter.com/Nalco_News and www.twitter.com/NalcoCompany.

SOURCE Nalco

http://www.nalco.com

Nalco Reports on Economic, Environmental and Social Sustainability Progress | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

OAKBROOK TERRACE, Ill., Aug. 10, 2011 /CHICAGOPRESSRELEASE.COM/ — Nordic Energy Services, LLC, a leading alternative energy supplier serving Illinois and NW Indiana, today announced a new custom pricing product for residential customers in the ComEd service area. Nordic Energy can now offer savings on electricity up to 27% lower than ComEd.

Currently alternative electric suppliers have only offered a single fixed rate to all program subscribers. Under the new Nordic Energy custom pricing program, each residential consumer receives custom pricing based on a complete energy review. “We are very excited to provide customers additional savings through our custom pricing program,” said Jim Deering, President of Nordic Energy Services, LLC. “We have built a strong reputation of quality service and affordable programs in the caommercial sector and are bringing that same commitment to residential products and services.”

Nordic Energy Services recognized that much like commercial businesses, individual residences differ in their power usage and needs. “A one-size-fits-all pricing model does not provide residential customers maximum savings,” said Mr. Deering. “Thousands of businesses and households have entrusted Nordic Energy to deliver low-cost energy with high-service. Our clean track records with the Illinois Commerce Commission and Better Business Bureau speak for themselves.”

Switching electric providers is completely free and there will be no service interruption. ComEd will continue to be responsible for the delivery of electricity, maintenance issues and will respond to power outages. Consumers will receive one electric bill per month from ComEd that reflects their new custom pricing.

To take advantage of residential custom pricing call 1.855.667.3421 or visit www.nordicenergy-us.com.

Nordic Energy Services, LLC (www.nordicenergy-us.com), is an independently owned, Chicago based, Alternative Retail Electric Supplier (ARES) and Alternative Gas Supplier (AGS). Nordic Energy supplies natural gas and electricity and provides related services to commercial customers behind six utilities in Illinois and Indiana, and provides electricity to residential customers throughout Illinois. Nordic Energy also designs customized risk management and hedging solutions, energy scheduling, bill audit services and other energy-related consulting services. Working toward being a fully integrated energy provider, Nordic also produces oil and natural gas.

SOURCE Nordic Energy Services, LLC

http://www.nordicenergy-us.com

Nordic Energy Offers Increased Savings With Customized Residential Pricing | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

OAKBROOK TERRACE, Ill., Aug. 1, 2011 /CHICAGOPRESSRELEASE.COM/ — Nordic Energy Services, LLC, an Illinois-based leading alternative energy supplier serving Illinois and NW Indiana, proudly announces a new three-year partnership with the Village of Erie. Nordic Energy Services will be the electricity provider of choice for households and businesses within the community.

“Erie along with many other Illinois municipalities are leveraging their electricity providers to receive better rates and provide cost savings to their town,” said James Deering, President of Nordic Energy Services. “The Village of Erie was one of the first municipalities to decide on a new energy supplier and we look forward to supporting many others in the near future.”

Under the agreement, Nordic Energy Services provides the Village of Erie a fixed price on electricity for the three-year period. Residents and businesses will receive significant savings over their existing utility rate.

The Village of Erie has established an “opt-out” aggregation program that automatically enrolls residents and businesses to receive the new fixed rate. Residents or businesses currently with another provider other than the utility will not be enrolled. Residents and businesses will be given the opportunity to “opt-out” of the program before it starts if they so desire.

“Switching electric providers is completely seamless and there will be no service interruption. ComEd will continue to be responsible for the delivery of electricity, maintenance of the electric system and will respond to power outages,” said Mike Mudge, consultant for the Village of Erie. “Erie residents and businesses will receive one electric bill per month from ComEd that reflects their new Nordic Energy rate.”

Nordic Energy Services, LLC (www.nordicenergy-us.com), is an independently owned, Illinois-based,

Alternative Retail Electric Supplier (ARES) and Alternative Gas Supplier (AGS). Nordic Energy supplies natural gas and electricity and provides related services to commercial customers behind six utilities in Illinois and Indiana, and provides electricity to residential customers throughout Illinois. Nordic Energy also designs customized risk management and hedging solutions, energy scheduling, bill audit services and other energy-related consulting services. Working toward being a fully integrated energy provider, Nordic also produces oil and natural gas.

SOURCE Nordic Energy Services, LLC

http://www.nordicenergy-us.com

Nordic Energy Services to Provide Power to the Village of Erie, Illinois | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

CHICAGO, July 14, 2011 /CHICAGOPRESSRELEASE.COM/ — iTRACS Corporation, Inc., the leading provider of enterprise-class Data Center Infrastructure Management solutions that drive performance, cost savings, and energy efficiency in the data center, today announced that it will be speaking at the Green IT: Spotlight on Disruptive Innovation panel discussion on July 27 in San Jose, CA.

(Logo: http://photos.CHICAGOPRESSRELEASE.COM.com/prnh/20110322/LA68575LOGO)

Green IT: Spotlight on Disruptive Innovation is sponsored by Agrion, a global business community for clean-tech energy and sustainability, and features speakers from iTRACS, PwC, and other leaders in Green IT. Topics will include identifying new disruptive technologies that will drive energy savings and lasting climate impact, building effective business models for turning these innovations into market opportunities, and key resources for funding and partnerships.

“We’re honored to be invited to speak at this event,” said Dave Katona, Vice President of Global Strategic Markets for iTRACS. “Our iTRACS PowerEye™ strategy offers an innovative approach to reducing energy consumption in some of the most energy-hungry entities in the world – data centers. iTRACS PowerEye™ offers end-to-end visibility and management of the entire power chain across both IT and facilities assets. Empowered by interactive 3D visualization, it provides a holistic 3D view of the entire power ecosystem from the street transformer right down to every port on every device. This lets you calculate the total power efficiency across the entire IT ecosystem and then take steps to optimize it.”

“Developing disruptive technologies that revolutionize energy use and distribution is vital to the future of the planet,” said Derek Top, Community Manager with Agrion. “The goal of any ‘big technology idea’ is to fundamentally build a business focused on competitive advantage and long-term growth. We’re excited to hear from iTRACS and others leading the charge with innovative energy solutions.”

Green IT: Spotlight on Disruptive Innovation
Wednesday, July 27, 2011
9:00 am – 12:00 noon Pacific Time
PwC
488 Almaden Blvd, Floor 18
San Jose, California 95110
To learn more about the event and to register, click here.

About iTRACS

iTRACS is the leading provider of enterprise-class Data Center Infrastructure Management solutions that drive efficiency, performance, cost savings, and strategic value in the modern data center.

iTRACS’ best-in-class portfolio, Converged Physical Infrastructure Management™ (CPIM™), features the world’s first and only holistic view of the data center using an interactive, navigable 3D environment. Interactive 3D Visualization – The Efficiency Engine™ is at the heart of the CPIM™ solution, unleashing new opportunities to create efficiency and business value in the design, management, and optimization of IT physical infrastructure.

Today, CPIM™ with interactive 3D visualization is being globally deployed in some of the world’s most complex data centers and IT infrastructures, helping these organizations drive efficiency. Reduce costs. Leverage cloud computing, SaaS, and other game-changing technologies. Manage change. Minimize risk. And optimize the business value of the entire physical infrastructure investment.

iTRACS is a game-changer in the creation of business value for our customers. We’re proud to be included by Gartner as a 2011 Gartner Cool Vendor in Data Center Infrastructure Management. www.itracs.com

About Agrion

Agrion is an international business network that brings together entrepreneurs, investors, and companies involved in renewable energy, cleantech, and corporate sustainability. Agrion hosts local onsite events and weekly global online meetings providing a platform for industry professionals around the world to network, gain knowledge, share ideas, collaborate, and foster opportunities for growth and business development. www.agrion.org

SOURCE iTRACS Corporation, Inc.

http://www.agrion.org
http://www.itracs.com

iTRACS at the Leading Edge of Disruptive Green IT Technology | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

DUBLIN, Ohio, June 30, 2011 /CHICAGOPRESSRELEASE.COM/ – For the first time, IGS Energy is pleased to offer Chicago’s ComEd customers electricity pricing options. Through ComEd’s Customer Choice Program, IGS Energy is guiding ComEd customers out of the dark with options for choosing the best electricity supplier for their needs.

Located in Dublin, Ohio, IGS Energy has been in business for over 20 years and is a trusted Midwest energy provider. Staffed by top experts in the energy field, IGS Energy is the largest independent retail supplier of natural gas in the country and serves more than 850,000 customers in nine states.

IGS Energy is a leading advocate for change in the energy industry and is committed to making the investments necessary to improve the way the industry and consumers view and use energy resources. “IGS is a leader in the growth and understanding of the energy industry and believes in the value of developing alternative sources and uses of energy. We are excited to be able to offer more options to ComEd customers in Chicago. We believe customers should have choices when it comes to choosing their energy supplier so they can decide what options best meet their needs,” offered Scott White, president of IGS Energy.

At IGS Energy, “The Power of Tomorrow” is not just a tagline, but a phrase that in part represents the company’s commitment to making the future a better place for everyone. Offering alternative pricing plans to Chicago customers is just one step in IGS Energy’s journey to change the energy industry and educate consumers on the choices that they have.

About IGS Energy

Founded in 1989, IGS Energy is a trusted energy provider and the largest residential retail supplier of natural gas in the United States. The company serves more than 850,000 residential and commercial and industrial customers across the Midwest and Northeast. IGS is known for its energy expertise and its simple, clear customer solutions and are continuously seeking ways to deliver energy more efficiently. For more information, visit www.igsenergy.com.

SOURCE IGS Energy

http://www.igsenergy.com

America’s #1 Independent Retail Supplier of Natural Gas Enters Electricity Market | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

With the ongoing crisis at Japan’s Fukushima power plant still fueling the debate over nuclear power, energy experts from the University of Chicago gathered to discuss safety and the future of the nuclear industry.

University panel explores the future of nuclear energy | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.

Don Fournier, the program manager of the Smart Energy Design Assistance Center at the University of Illinois at Urbana-Champaign, says that China’s extraordinarily rapid growth is what will drive the surge.

In Japan, there is one car purchased for every two people, Fournier explains. With the world’s second largest economy, China could soon be seeing those numbers as well.

“If the Chinese buy cars at that rate, that’s another 650 million cars in the world,” states Fournier. “Where are we going to get the fuel to fuel those cars? How much emissions are they going to put out? If everybody in the world wants to live at our level that we do in the United States, the energy would have to quadruple in the world.”

Fournier is concerned about the energy policy in the United States. He says that the country has yet to develop an extensive policy governing sustainable energy development.

“Historically, there has been little agreement between how much … you drive from the center of government, versus how much is done from the private sector,” he says.

Fournier also mentions that the coal industry is accountable for up to $400 billion in health care costs alone. He believes that fostering renewable energy sources using some of that money could go a long way in mitigating the growing energy demand.

Ultimately, says Fournier, if you don’t want to see gas prices averaging $4 per gallon, the most effective thing to do is to use less energy.

Analyst predicts surge in energy demand | Chicago Press Release Services - Chicago's leading press release newswire service; professional press release services, press release distribution and newswire services.