ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

SJI and OPAL Fuels Celebrate Landmark Renewable Natural Gas (RNG) Project with Atlantic County Utilities Authority

First-of-its-kind initiative to deliver RNG directly to South Jersey Gas customers

SJI, an energy infrastructure holding company, and OPAL Fuels, a leader in the production, marketing, and distribution of renewable and compressed natural gas (RNG and CNG), celebrated the ribbon cutting of their Atlantic County Utilities Authority’s (ACUA) Renewable Natural Gas (RNG) Project in Egg Harbor Township, N.J.

The RNG facility will capture and process landfill gas into RNG, providing a renewable, lower-carbon fuel alternative to diesel and conventional natural gas. The project marks a significant milestone for SJI, as it will be the first to deliver RNG into the pipeline system of South Jersey Gas, a subsidiary of SJI. The milestone event was attended by local and state elected officials, and company leadership.

“We are thrilled to cut the ribbon on this project, which signifies another milestone for SJI,” said Chet Benham, President, SJI Renewable Energy Ventures. “This project underscores our commitment to innovation and continuing efforts in renewable energy solutions.”

The RNG produced at the ACUA plant is planned to be used as transportation fuel and directly injected into the South Jersey Gas pipelines, offering RNG for the first time to supply energy to homes and businesses in the South Jersey Gas territory.

The facility is anticipated to have a nameplate capacity of 2,500 SCFM of landfill gas and is expected to produce more than 650,000 MMBtu, which is equivalent to nearly 4.6 million gallons of gas, per year of RNG.

“ACUA has consistently demonstrated its commitment to exploring and implementing technologies that transform waste into a resource and improve our environment,” said ACUA President Matthew DeNafo. “This project embodies that commitment, and we’re happy to celebrate its opening alongside our wonderful partners OPAL and SJI.”

Once operational, the RNG produced at the ACUA’s solid waste landfill is also expected to reduce methane emissions from the landfill and avoid over 346,000 metric tons of carbon dioxide (CO2) per year.

“The opening of this facility marks an important milestone in OPAL Fuels’ mission of turning waste into clean, domestic energy,” said Adam Comora, Co-Chief Executive Officer of OPAL Fuels. “This project reduces emissions, improves local air quality, creates jobs, and strengthens American energy independence. As we drive forward with a focus on strategic growth and operational excellence, this project serves as an example of how landfills can benefit from producing RNG by generating financial value, cutting methane emissions, and displacing diesel to decarbonize transportation.”

The process is expected to reduce the volume of methane gas combusted at the facility, resulting in a reduction in on-site emissions. The RNG project represents the first collaboration between SJI and OPAL Fuels as part of their previously announced 50/50 joint venture to develop, construct, own and operate RNG facilities.

For more information about this project, SJI and its subsidiaries, visit South Jersey Industries - Home.

About SJI

South Jersey Industries (SJI), an energy infrastructure holding company based in Folsom, NJ, delivers energy services to customers through two primary subsidiaries: SJI Utilities (SJIU) and SJI Energy Enterprises Group. SJIU houses the company’s regulated natural gas utility operations, and is focused on delivering safe, reliable and affordable natural gas to more than 735,000 residential, commercial and industrial customers across New Jersey via its South Jersey Gas and Elizabethtown Gas subsidiaries. SJI Energy Enterprises Group, a non-utility subsidiary of SJI, specializes in the ownership, development, construction, and operation of diverse renewable energy projects. These projects include the development of solar, fuel cell, and Renewable Natural Gas (RNG) solutions, with the RNG sourced from a variety of feedstocks including dairy manure, landfill gas, and organic food waste. With a robust portfolio and pipeline of future projects, SJI Energy Enterprises Group strives to be a national leader in advancing sustainable energy solutions.

About South Jersey Gas

South Jersey Gas, a subsidiary of SJI, is focused on delivering safe, reliable, affordable natural gas and promotes energy efficiency to more than 420,000 residential, commercial and industrial customers in Atlantic, Cape May, Cumberland, Salem, and portions of Gloucester, Burlington and Camden counties in New Jersey. For more information, visit southjerseygas.com.

About OPAL Fuels

OPAL Fuels (Nasdaq: OPAL) is a leader in the capture and conversion of biogas into low carbon intensity RNG and renewable electricity. OPAL Fuels is also a leader in the marketing and distribution of RNG to heavy duty trucking and other hard to de-carbonize industrial sectors. For additional information, and to learn more about OPAL Fuels and how it is leading the effort to capture North America’s naturally occurring methane and decarbonize the economy, please visit www.opalfuels.com.

About Atlantic County Utilities Authority (ACUA)

The Atlantic County Utilities Authority (ACUA) operates a 360-acre Environmental Park in Egg Harbor Township that includes a landfill, transfer station, composting facility, and recycling center. The Authority oversees the recycling program for Atlantic County and currently provides waste and recycling collection services for 24 municipalities across Atlantic, Cape May and Cumberland Counties. The ACUA is an environmental leader and has been recognized nationally for its efforts to incorporate sustainability and renewable energy in its operations. For more information, please visit www.acua.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.16
-0.51 (-0.22%)
AAPL  277.55
+0.58 (0.21%)
AMD  214.24
+8.11 (3.93%)
BAC  52.99
+0.51 (0.97%)
GOOG  320.28
-3.36 (-1.04%)
META  633.61
-2.61 (-0.41%)
MSFT  485.50
+8.51 (1.78%)
NVDA  180.26
+2.44 (1.37%)
ORCL  204.96
+7.93 (4.02%)
TSLA  426.58
+7.18 (1.71%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.