Southern Company(SO)
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Southern's Unit to Launch Renewable Initiative for Microgrid
ZACKS· 2024-08-30 14:16
Southern Company (SO) , through its subsidiary PowerSecure, has announced that its Durham campus microgrid will launch a 100% renewable fuel initiative this month. This initiative demonstrates the company's dedication to innovative energy solutions and environmental responsibility in the energy sector. The Role of PowerSecure in Energy Innovation Southern's Commitment to Clean Energy: SO's unit PowerSecure's CEO, Chris Cummiskey, emphasizes that the adoption of renewable fuels marks a key advancement in mee ...
Norfolk Southern reaches tentative collective bargaining agreements with five additional labor unions
Prnewswire· 2024-08-30 13:00
Early agreements made with nine unions over the past two weeks cover approximately 55% of railroad's total union workforce ATLANTA, Aug. 30, 2024 /PRNewswire/ -- Ahead of the Labor Day holiday, which celebrates the achievements of American workers, Norfolk Southern Corporation (NYSE: NSC) is proud to announce it has reached tentative, five-year collective bargaining agreements with five labor unions in addition to the four announced last week. These nine agreements, which, together, cover approximately 55% ...
PowerSecure announces 100% Renewable Fuel Initiative for Durham campus microgrid
Prnewswire· 2024-08-29 12:00
DURHAM, N.C., Aug. 29, 2024 /PRNewswire/ -- PowerSecure, a leading provider of innovative energy solutions and subsidiary of Southern Company, is proud to announce that its Durham campus microgrid will begin a 100% Renewable Fuel Initiative starting this month. This significant step aligns with the company's commitment to innovation and sustainability. "PowerSecure continues to bring new innovation to our customers with a commitment to a clean energy future," said PowerSecure CEO Chris Cummiskey. "The use o ...
Else Nutrition Announces Launch of Plant-Powered, Ready-to-Drink Kids Shakes at a Southern California's Premier Upscale Grocery Chain
Prnewswire· 2024-08-29 11:30
VANCOUVER, BC, Aug. 29, 2024 /PRNewswire/ - ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) ("Else" or the "Company"), is pleased to announce the launch of its plant-powered, Ready-to-Drink Kids Shakes, available in Chocolate and Vanilla flavors, at a Southern California's leading upscale grocery store chain. Beginning in September, Else Nutrition's nutritious kids shake will be available in 19 locations across the region, accompanied by promotional offers. Else Nutrition Announces Launch of Plant-Power ...
Norfolk Southern reaches tentative collective agreements with four labor unions
Prnewswire· 2024-08-23 21:26
Agreements come months before next collective bargaining round, giving covered employees early assurances on significant future improvements to pay, health care, and vacation ATLANTA, Aug. 23, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC), in partnership with BNSF Railway, has reached tentative, five-year collective bargaining agreements with the Brotherhood of Railway Carmen Division/TCU (BRC), the International Association of Sheet Metal, Air, Rail and Transportation Workers - Mechanical D ...
Norfolk Southern Q2: This Freight Train Is On Track For Long-Term Returns
Seeking Alpha· 2024-08-21 14:49
4FR Investment Thesis Norfolk Southern (NYSE:NSC) produced a solid set of Q2 results which saw the firm improve their operating ratio, margins and profits despite essentially flatline YoY revenue growth. I admire the entire management team's determination to reduce the railroad's operating ratio to below 60% and believe the proven efficiency improvements in Q2 increase the credibility of these goals. My base-case valuation model suggests shares are trading at a fair valuation, which combined with the railro ...
Norfolk Southern Names Jason Zampi Senior Vice President Finance & Treasurer
Prnewswire· 2024-08-20 20:45
ATLANTA, Aug. 20, 2024 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) has promoted Jason A. Zampi to Senior Vice President Finance & Treasurer. In the new role, Zampi will maintain responsibility for financial planning and analysis. He also will assume responsibility for treasury and investor relations from Chris Ceraso, current Vice President & Treasurer, who is electing to leave the company to pursue another opportunity. Zampi will continue to report to Executive Vice President & Chief Financial ...
Southern Company (NYSE: SO) Chairman, President and CEO Chris Womack Interviewed by Advisor Access
GlobeNewswire News Room· 2024-08-20 12:35
SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Southern Company: 23 Consecutive Years of Dividend Increases Southern Company (NYSE: SO) is an energy company providing electric and gas service to nine million customers across the United States. Click to view the SO Fact Sheet Click to view the SO Investor Presentation Advisor Access spoke with Southern Company's chairman, president and CEO, Chris Womack, about the company's business model, culture and plans for future growth. Advisor Access: For readers un ...
Georgia Natural Gas' Greener Life® Program Reaches New Milestones with 500 Million Pounds of Carbon Emissions Offset, New Certified Low-Emissions Gas Offering
Prnewswire· 2024-08-19 14:38
Natural gas marketer enhances Greener Life® program to include certified low emissions gas at no additional cost to customers ATLANTA, Aug. 19, 2024 /PRNewswire/ -- Georgia Natural Gas® announced today that its Greener Life® program, which helps customers make their natural gas usage carbon neutral, has reached a new milestone of 500 million pounds of carbon emissions offset from the atmosphere. That amount is equivalent to taking over 50,000 cars off the road for a year. In celebration of this milestone, G ...
Southern's (SO) Unit Elevates Grid Reliability With UAS Tech
ZACKS· 2024-08-19 10:51
Core Insights - Southern Company's largest electric subsidiary, Georgia Power, is enhancing grid reliability and operational efficiency through the use of unmanned aerial systems (UAS), or drones [1][2] Utilization of Drones in Transmission Line Inspections - Georgia Power operates nearly 12,000 miles of transmission lines, and the adoption of drones has significantly improved inspection processes, reducing inspection times by an average of 40% and costs by 60% compared to traditional methods [3][4] - Drone pilots can cover approximately 14 miles of transmission lines per day, ensuring thorough inspections across vast distances [4] Enhancing Safety and Accuracy - The use of drones minimizes the need for hazardous operations involving bucket trucks and helicopters, enhancing safety for the workforce [5] - Drones capture detailed images and videos, allowing for the detection of minor irregularities and enabling preemptive maintenance actions [5] Mitigating Environmental and Operational Risks - Drones help identify potential damage from environmental factors such as lightning strikes and vegetation interference, mitigating risks of power outages and equipment failures [6] Technological Advancements and Compliance - All drone operations comply with Federal Aviation Administration (FAA) regulations, with licensed drone pilots undergoing specialized training [7] - The integration of drone technology enhances overall grid resilience and operational efficiency, facilitating data collection and faster decision-making [8] Prospects and Sustainability Initiatives - Georgia Power is committed to further innovations in grid resilience and customer service, investing in rebuilding transmission lines and implementing smart technologies [9] - The company emphasizes environmental sustainability through initiatives like underground power line installations and sustainable vegetation management [10] Conclusion - The strategic use of drone technology by Georgia Power demonstrates a commitment to environmental sustainability, customer service, and operational performance, improving efficiency and reliability across its transmission line network [11]