Angels, October 13, 2023 /PRNewswire/ — Southern California Gas Company (Socalgas) Today I issued the following statement in support of the US Department of Energy’s award decision California reach to $1.2 billion For a regional center for clean hydrogen(1). SoCalGas is a proud partner of the Alliance for Clean Renewable Hydrogen Energy Systems (ARCES), the statewide public-private partnership organizing the California Department of Energy Clean Hydrogen Hub Application:
SoCalGas issues a statement in support of the U.S. Department of Energy’s decision to give California up to $1.2 billion to create a regional clean hydrogen hub.
“The Department of Energy’s visionary investment in A California He said the hydrogen center is a watershed moment for the clean hydrogen economy President of SoCalGas Maryam Brown. “The Department of Energy’s investment demonstrates the essential role clean hydrogen will play in accelerating the project California Energy targets, increasing California Clean energy workforce, improving our environment, air quality, and the lives of millions of Californians.
“Work with ARCHES and state policymakers to support California Clean energy and climate goals are a major focus for SoCalGas. Our company’s mission is to build America’s cleanest, safest, most innovative energy infrastructure company, SoCalGas Angeles link The project could provide clean renewable hydrogen in an amount equivalent to approximately 25% of the natural gas supplied by SoCalGas today. This could replace one billion gallons of diesel fuel burned annually, allow conversion of natural gas plants, and eliminate nitrous oxide (NO2).X) and carbon dioxide (CO2) equivalent to taking 3.1 million cars off the road annually.”
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Angeles link It will, as envisioned, be the largest clean renewable hydrogen energy pipeline system in the country. Angeles link It can support the addition and integration of more renewable electricity resources such as solar and wind energy into the grid and will significantly reduce greenhouse gas emissions from electricity generation, industrial processes, heavy trucks and other difficult-to-electrify sectors in the South and East. Central California Economy. Over time, and in combination with other clean energy projects, Angeles link It could also help reduce demand for natural gas served by the Aliso Canyon Natural Gas Storage Facility, facilitating its eventual retirement. Angeles link It can also help with progress California and the region’s climate and clean air goals while continuing to provide reliable and affordable energy services.
Hydrogen is increasingly recognized as a critical element in successful carbon removal. When combined with renewable energy, clean hydrogen can help facilitate a globally scalable, resilient and carbon-neutral energy system.
SoCalGas is shaping it California 21st century energy system through investments in clean hydrogen, renewable natural gas, fuel cells and carbon management. For more information about SoCalGas’ hydrogen innovation, visit http://socalgas.com/hydrogen.
About Socal Gas
Headquartered in Angels, Socalgas® It is the largest gas distribution facility in United State. SoCalGas provides affordable, reliable and increasingly renewable gas service to more than 21 million consumers worldwide 24,000 square miles Central and Southern California. Gas delivered through the company’s pipelines will continue to play a major role in… California Clean energy transition – providing electrical grid reliability and supporting the deployment of wind and solar energy.
SoCalGas’ mission is to build America’s cleanest, safest, most innovative energy infrastructure company. In support of this mission, SoCalGas aspires to achieve Zero net greenhouse gas emissions in its operations and energy delivery by 2045 and replacing 20 percent of its primary customers’ conventional natural gas supplies with renewable natural gas (RNG) by 2030. RNG is made from waste from landfills and wastewater treatment plants. SoCalGas is also committed to investing in gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of always (NYSE: SRE), an energy infrastructure company headquartered in San Diego.
For more information visit socalgas.com/newsroom Or contact SoCalGas at Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.
1 | The above grant is preliminary and subject to change based on award negotiations between ARCHES (grant recipient) and DOE. |
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions regarding the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.
In this press release, forward-looking statements can be identified by words such as “believes,” “expects,” “intends,” “anticipates,” “contemplates,” “plans,” “estimates,” “projects,” and “forecasts.” , “should”, “could”, “would”, “will”, “confident”, “may”, “could”, “potential”, “possible”, “proposed”, “in progress”, “construction” “Development”, “opportunity”, “initiative”, “goal”, “future outlook”, “optimism”, “preparedness”, “conservation”, “continuation”, “progress”, “progress”, “goal”, “goal,” “commitment,” or similar expressions, or when we discuss our directions, priorities, strategy, objectives, vision, mission, opportunities, expectations, intentions or expectations.
Factors that could cause actual results and events to differ materially from those expressed or implied by any forward-looking statement include, among others, risks and uncertainties relating to: decisions, investigations, inquiries, regulations, denials or revocation of permits, approvals, approvals or other licenses, and renewals of concessions. , and other actions taken by (i) the California Public Utilities Commission (CPUC), the U.S. Department of Energy, and other government and regulatory agencies and (ii) the United States, states, counties, cities, and other jurisdictions where we do business; The success of business development efforts and construction projects, including the risks of (1) completing construction projects or other transactions on schedule and on budget, (2) achieving the anticipated benefits of any such efforts if completed, and (3) obtaining approval or consent from third parties; litigation, arbitration and other proceedings, and changes in laws and regulations; Cybersecurity threats, including by state and state-sponsored actors, from ransomware or other attacks on our systems or the systems of third parties with whom we do business, including the power grid or other energy infrastructure, are all becoming more apparent as Recent geopolitical events; our ability to borrow funds on favorable terms and meet our obligations, including due to (i) actions taken by credit rating agencies to lower our credit ratings or place those ratings on a negative outlook or (ii) rising interest rates and inflation; failure of our counterparties to honor their contracts and obligations; The impact on the affordability of our customers’ prices and our cost of capital and on our ability to pass on higher costs to customers due to (1) fluctuations in inflation, interest rates, and commodity prices and (2) the cost of transitioning to clean energy in California; The impact of climate and sustainability policies, laws, rules, regulations, disclosures and trends, including actions to reduce or eliminate dependence on natural gas, and increased uncertainty in the political or regulatory environment California natural gas distribution companies, the risk of non-recovery of stranded assets, and our ability to integrate new technologies; Weather, natural disasters, epidemics, accidents, equipment failures, explosions, terrorism, information system outages, or other events that disrupt our operations, damage our facilities or systems, cause the release of harmful substances or fires, or expose us to liability for damages, fines and penalties, which may some of which may not be recoverable through regulatory or insurance mechanisms or may affect our ability to obtain satisfactory levels of insurance at affordable prices; availability of natural gas and natural gas storage capacity, including disruptions caused by pipeline system failures or restrictions on withdrawal of natural gas from storage facilities; Changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, any of which could increase our costs, reduce our competitiveness, affect our ability to do business with certain counterparties, or impair our ability To resolve commercial disputes; And other uncertainties, some of which are difficult to predict and beyond our control.
These risks and uncertainties are further discussed in reports filed by the Company with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system for free on the Securities and Exchange Commission’s website,www.sec.govOn the Sempra website,www.sempra.com. Investors should not place undue reliance on any forward-looking statements.
Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor), Infraestructura Energética Nova, and SAPI de CV (IEnova) are not the same companies as California Utilities, San Diego Gas & Electric Company, or Southern California Gas Company, and Sempra Infrastructure , Sempra Infrastructure Partners, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.
Source: Southern California Gas Company
(Tags for translation) Southern California Gas Company
