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Avangrid
Avangrid, Inc. (formerly Energy East and Iberdrola USA), is an energy services and delivery company. AVANGRID serves about 3.1 million customers throughout New England, Pennsylvania and New York in the United States. History In 2008 Iberdrola S.A. purchased Energy East. Iberdrola renamed the company Iberdrola USA. In November 2010, Iberdrola USA sold its gas distribution companies in Connecticut and Massachusetts, the Southern Connecticut Gas Company, Connecticut Natural Gas Corporation, and the Berkshire Gas Company, to UIL Holdings Corporation. In 2012, Iberdrola USA sold its energy services companies, Energetix and NYSEG Solutions, to Direct Energy. In February 2015, Iberdrola USA announced that it had entered into a merger agreement with UIL Holdings Corporation under which UIL Holdings Corporation would merge into a subsidiary of Iberdrola USA, Inc. In December 2015, "Iberdrola USA finalized its acquisition of UIL Holdings ... to create a new company, AVANGRID, which will b ...
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UIL Holdings Corporation
UIL Holdings Corporation was a diversified energy delivery company serving a total of 690,000 electric and natural gas utility customers in 66 communities across two states, with combined total assets of over $4 billion. In 2015 it merged with Iberdrola USA to form Avangrid. UIL is the parent company for The United Illuminating Company (UI), Connecticut Natural Gas Corporation (CNG), The Southern Connecticut Gas Company (SCG), and The Berkshire Gas Company (BGC), each more than 100 years old. UI provides for the transmission and delivery of electricity and other energy related services for Connecticut's Greater New Haven and Bridgeport areas. SCG and CNG are natural gas distribution companies that serve customers in Connecticut, while Berkshire Gas serves natural gas customers in western Massachusetts. UIL employs more than 1,850 people in the New England region. History UIL Holdings Corporation was formed in 2000, after the state of Connecticut embraced deregulation, as th ...
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Iberdrola
Iberdrola () is a Spanish multinational electric utility company based in Bilbao, Spain. Iberdrola has a workforce of around 34,000 employees serving around 31.67 million customers. Subsidiaries include Scottish Power (United Kingdom) and a significant part of Avangrid (United States), amongst others. In 2013, the largest shareholder of the company was Qatar Investment Holding. Other significant shareholders included Norges Bank, Kutxabank and CaixaBank (formerly Bankia). Iberdrola, a global energy company, is the second biggest producer of wind power after Ørsted by revenue and market capitalisation. It is the world's third electricity utility by market capitalisation. It has subsidiaries in numerous countries, mainly in Spain, United Kingdom (Scottish Power), United States (Avangrid), Brazil (Neoenergia), Mexico, Germany, Portugal, Italy, Australia and France. History Early history Iberdrola was created on November 1, 1992, from the merger between Hidroeléc ...
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List Of Offshore Wind Farms In The United States
Offshore wind power is in the early stages of development in the United States. In 2016, the United States Department of Energy estimated that the country has a gross resource potential of 10,800GW of offshore wind capacity, with a "technical" resource potential of 2,058GW. Offshore wind projects are under development in wind-rich areas of the East Coast, Great Lakes, and Pacific coast. The first commercial offshore wind farm, Block Island Wind Farm, began operation in 2016. As of 2017, about 30 projects totalling 24 gigawatts (GW) of potential installed capacity were being planned. In 2021 the Biden Administration announced a target of 30 GW of offshore wind by 2030; the US currently has 0.042 GW of offshore wind power. Federal regulation and incentives The construction of an offshore wind farm involves a three-phase permitting process. First, the proponents must lease the seafloor from its owner — typically this will be Outer Continental Shelf, the federal seafloor which i ...
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Wind Power In North Carolina
Wind power in North Carolina is found along the coastal areas in the east and mountain regions in the western part of the state. The state has significant offshore wind resources. In 2015, small scale wind turbine projects were found throughout the state. In 2016, North Carolina's first large scale wind project, and the first in the southeastern U.S., was completed near Elizabeth City. In 2019, North Carolina had an installed wind capacity of 208 MW. NASA wind turbine In 1977, the Federal Energy Research and Development Administration and the Department of Energy announced that Howard Knob had been selected as the site for an experimental wind turbine, which was later built by General Electric in October 1978. The project was part of a surge in renewable energy research which began under then-President Jimmy Carter. The turbine, formally known as MOD-1, was managed by NASA and operated by Blue Ridge Electric Membership Corporation. It stood tall and had two long steel blade ...
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Southern Connecticut Gas
Overview & History The ''Southern Connecticut Gas Company'' (SCG) is a natural gas distribution company that delivers natural gas and energy services to residential, commercial and industrial customers along or near the Long Island Sound shoreline. SCG is a subsidiary of Avangrid Avangrid, Inc. (formerly Energy East and Iberdrola USA), is an energy services and delivery company. AVANGRID serves about 3.1 million customers throughout New England, Pennsylvania and New York in the United States. History In 2008 Iberdrola .... The company’s service territory includes the Connecticut cities of Bridgeport and New Haven, as well as the towns of Easton, Fairfield, Stratford, Trumbull, Westport and Weston in Fairfield County; Branford, East Haven, Guilford, Hamden, Madison, Milford, North Branford, North Haven, Orange, West Haven and Woodbridge in New Haven County; and Clinton, Westbrook, Essex and Old Saybrook in Middlesex County. External links *{{Official site, http://www.so ...
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New York State Electric & Gas
New York State Electric and Gas (NYSEG) is an electric and gas utility company owned by Avangrid that serves customers in New York. NYSEG was incorporated in 1852 as the Ithaca Gas Light Company. Throughout the end of the 19th century and the early part of the 20th century, the corporation went through mergers and acquisitions that combined about 200 utility companies under the name NYSEG. In 1975 the corporation became an 18% partner in the Niagara Mohawk Power Corporation’s Nine Mile Point nuclear plant, and in the 1980s NYSEG completed a series of hydroelectric power plants. In 2008 NYSEG became part of Iberdrola, when Iberdrola bought Energy East. See also * New York State Public Service Commission The New York Public Service Commission is the public utilities commission of the New York state government that regulates and oversees the electric, gas, water, and telecommunication industries in New York as part of the Department of Public Ser ... References External li ...
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The United Illuminating Company
The United Illuminating Company (UI) is a regional electric distribution company based in Orange, Connecticut. Established in 1899, UI is engaged in the purchase, transmission, distribution and sale of electricity and related services to 325,000 residential, commercial and industrial customers in 17 towns and cities in the greater New Haven and Bridgeport areas. It is a subsidiary of Avangrid. History UI’s roots can be traced to 1881, with the founding of the New Haven Electric Lighting Company, established to provide electric lighting to the city of New Haven. The company had a troubled start and in 1883 was reorganized as the New Haven Electric Company. In 1899, the New Haven Electric Company, under the leadership of James English, acquired the Bridgeport Electric Light Company. The new company, renamed The United Illuminating Company, flourished in the new century as Connecticut became an important manufacturing center, and UI’s franchise spread outward from the cities ...
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Russell 1000 Index
The Russell 1000 Index is a stock market index that tracks the highest-ranking 1,000 stocks in the Russell 3000 Index, which represent about 93% of the total market capitalization of that index. , the stocks of the Russell 1000 Index had a weighted average market capitalization of $608.1 billion and a median market capitalization of $15.1 billion. , components ranged in market capitalization from $1.8 billion to $1.4 trillion. The index, which was launched on January 1, 1984, is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group. The ticker symbol is ^RUI. There are several exchange-traded funds and mutual funds that track the index. Record values Annual returns Top sectors by weight *Technology *Consumer Discretionary *Health Care *Industrials *Financial services Top 10 holdings *Apple () *Microsoft () *Amazon () *Alphabet (Class A) () * Tesla () *Alphabet (Class C) () * Meta () *Nvidia () *Berkshire Hathaway () *UnitedHealth Group () (as of December ...
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Connecticut Natural Gas
Connecticut Natural Gas (CNG) is a natural gas distribution company that delivers natural gas and energy services to residential, commercial, and industrial customers in the Greater Hartford area and Greenwich, Connecticut areas. CNG is a subsidiary of UIL Holdings Corporation, headquartered in New Haven, Connecticut. CNG's service territory in Connecticut includes the cities of Hartford and New Britain, Connecticut, as well as the communities of Avon, Berlin, Bloomfield, Canton, East Hartford, Farmington, Glastonbury, Manchester, Newington, Rocky Hill, Simsbury, Unionville, West Hartford, Wethersfield and Windsor in Hartford County; Hebron and Mansfield in Tolland County; Portland in Middlesex County and Greenwich in lower Fairfield County. The relocation of CNG's headquarters from Adrien's Landing to East Hartford cost $37 million which was paid for by the state. The move was controversial because the contractor chosen to do the job (Tomasso Group) had a corrupt relationship wi ...
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Orange, Connecticut
Orange is a town in New Haven County, Connecticut, United States. The population was 14,280 at the 2020 census. The town is governed by a Board of Selectmen. History The Paugusset, an Algonquian people, once lived in the area that is now Orange. In 1639, the Rev. Peter Prudden purchased the land from the Native Americans for six coats, ten blankets, one kettle, twelve hatchets, twelve hoes, two dozen knives and a dozen small mirrors. When originally settled by English colonists, Orange was the northern and eastern district of the now neighboring city of Milford; however, by 1822, the population of the area had grown to the point where residents desired to form their own separate community, thus forming the town of Orange. The town is named after William III of England, who was Prince of Orange from birth. William is remembered for succeeding James II, deposed in the Glorious Revolution of 1688. James II had been considered a despot in Connecticut; he had famously and unsucc ...
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Zero-emissions Vehicle
A zero-emission vehicle, or ZEV, is a vehicle that does not emit exhaust gas or other pollutants from the onboard source of power. The California definition also adds that this includes under any and all possible operational modes and conditions. This is because under cold-start conditions for example, internal combustion engines tend to produce the maximum amount of pollutants. In a number of countries and states, transport is cited as the main source of greenhouse gases (GHG) and other pollutants. The desire to reduce this is thus politically strong. Terminology Harmful pollutants to the health and the environment include particulates (soot), hydrocarbons, carbon monoxide, ozone, lead, and various oxides of nitrogen. Although not considered emission pollutants by the original California Air Resources Board (CARB) or U.S. Environmental Protection Agency (EPA) definitions, the most recent common use of the term also includes volatile organic compounds, several air toxics (most no ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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