Mes: agosto 2020

SAN DIEGO, Aug. 10, 2020 /PRNewswire/ — Sempra LNG, a subsidiary of Sempra Energy (NYSE: SRE), today announced that the Cameron LNG export facility in Hackberry, Louisiana, has begun full commercial operations under Cameron LNG’s tolling agreements.

«At Sempra LNG, we set a goal of building the leading LNG export business in North America. With Cameron LNG moving to full commercial operations, we are one step closer to that goal.  We look forward to continuing to work with customers and partners around the world to achieve their energy transition goals,» said Justin Bird, chief executive officer of Sempra LNG.

Cameron LNG achieved commercial operations of Train 1 and Train 2 in August 2019 and February 2020, respectively. To date, the facility has shipped nearly 100 cargoes totaling more than 6 million tonnes of liquefied natural gas (LNG). The construction activities for the facility concluded with a safety record of more than 89 million hours without a lost-time incident.

Commercial operations of Train 3 mark the beginning of full run-rate earnings under Cameron LNG’s tolling agreements. The facility is expected to generate nearly $12 billion of after-debt service cash flows for Sempra Energy during the 20-year contract period.

Cameron LNG is jointly owned by affiliates of Sempra LNG, TOTAL SE, Mitsui & Co., Ltd., and Japan LNG Investment, LLC, a company jointly owned by Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha. Sempra Energy indirectly owns 50.2% of Cameron LNG.

Sempra LNG and its partners are developing Cameron LNG Phase 2, previously authorized by the Federal Energy Regulatory Commission. Project owners have signed memorandums of understanding for 100% of Phase 2’s offtake capacity with no change in equity ownership.

The successful development and ultimate construction of Cameron LNG Phase 2 and Sempra Energy’s other LNG export projects currently under development are subject to a number of risks and uncertainties and there can be no assurance that any of these projects will be completed.

About Sempra LNG

Sempra LNG’s mission is to be North America’s premier LNG infrastructure company by providing sustainable, safe and reliable access to U.S. natural gas for global markets. Sempra LNG owns a 50.2% interest in Cameron LNG, a 12 million tonnes per annum (Mtpa) export facility operating in Hackberry, Louisiana and is currently developing additional LNG export facilities on the Gulf Coast and Pacific Coast of North America through Cameron LNG expansion, Port Arthur LNG in Texas and Energía Costa Azul LNG in Mexico. Through our disciplined value creation process, Sempra LNG evaluates expansion opportunities at each of these locations and other infrastructure investments along the LNG value chain.  

About Sempra Energy

Sempra Energy’s mission is to be North America’s premier energy infrastructure company. With more than $60 billion in total assets in 2019, the San Diego-based company is the utility holding company with the largest U.S. customer base. The Sempra Energy companies’ more than 18,000 employees deliver energy with purpose to over 35 million consumers. The company is focused on the most attractive markets in North America, including California, Texas, Mexico and the LNG export market. Sempra Energy has been consistently recognized for its leadership in sustainability, and diversity and inclusion, and is a member of the S&P 500 Utilities Index and the Dow Jones Utility Index. The company was also named one of the «World’s Most Admired Companies» for 2020 by Fortune Magazine.

This press release contains statements that are not historical fact and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees of performance. Future results may differ materially from those expressed in the forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.

In this press release, forward-looking statements can be identified by words such as «believes,» «expects,» «anticipates,» «plans,» «estimates,» «projects,» «forecasts,» «should,» «could,» «would,» «will,» «confident,» «may,» «can,» «potential,» «possible,» «proposed,» «target,» «pursue,» «outlook,» «maintain,» or similar expressions, or when we discuss our guidance, strategy, goals, vision, mission, opportunities, projections or intentions.

Factors, among others, that could cause our actual results and future actions to differ materially from those described in any forward-looking statements include risks and uncertainties relating to: decisions, investigations, regulations, issuances of permits and other authorizations, and other actions by the U.S. Department of Energy, regulatory and governmental bodies and jurisdictions in the U.S. and other countries in which we operate; the success of business development efforts, construction projects and major acquisitions and divestitures, including risks in (i) the ability to make a final investment decision and completing construction projects on schedule and budget, (ii) obtaining the consent of partners, (iii) counterparties’ financial or other ability to fulfill contractual commitments, (iv) the ability to complete contemplated acquisitions and/or divestitures, and (v) the ability to realize anticipated benefits from any of these efforts once completed; the impact of the COVID-19 pandemic on our (i) ability to commence and complete capital and other projects and obtain regulatory approvals, (ii) supply chain and current and prospective counterparties, contractors, customers, employees and partners, (iii) liquidity, resulting from bill payment challenges experienced by our customers, decreased stability and accessibility of the capital markets and other factors, and (iv) ability to sustain operations and satisfy compliance requirements due to social distancing measures or if employee absenteeism were to increase significantly; the resolution of civil and criminal litigation, regulatory investigations and proceedings, and arbitrations; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow at favorable interest rates; moves to reduce or eliminate reliance on natural gas and the impact of the extreme volatility and unprecedented decline of oil prices on our businesses and development projects; weather, natural disasters, accidents, equipment failures, computer system outages and other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires and subject us to liability for property damage or personal injuries, fines and penalties, some of which may not be covered by insurance (including costs in excess of applicable policy limits), may be disputed by insurers or may impact our ability to obtain satisfactory levels of affordable insurance; cybersecurity threats to storage and pipeline infrastructure, the information and systems used to operate our businesses, and the confidentiality of our proprietary information and the personal information of our customers and employees; expropriation of assets, the failure of foreign governments and state-owned entities to honor the terms of contracts, and property disputes; volatility in foreign currency exchange, interest and inflation rates and commodity prices and our ability to effectively hedge the risk of such volatility; changes in trade policies, laws and regulations, including tariffs and revisions to or replacement of international trade agreements, such as the North American Free Trade Agreement, that may increase our costs or impair our ability to resolve trade disputes; the impact of changes to federal and state tax laws and our ability to mitigate adverse impacts; and other uncertainties, some of which may be difficult to predict and are beyond our control.

These risks and uncertainties are further discussed in the reports that Sempra Energy has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC’s website, www.sec.gov, and on the company’s website at www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not the same company as San Diego Gas & Electric (SDG&E) or Southern California Gas Company (SoCalGas), and Sempra LNG, Cameron LNG, Port Arthur LNG and ECA LNG are not regulated by the California Public Utilities Commission.

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/cameron-lng-reaches-full-commercial-operations-301108641.html

SOURCE Sempra LNG

HERSHEY, Pa., Aug. 10, 2020 /PRNewswire/ — Summer screams S’mores, but this year it is screaming louder than ever with approximately 10M more of the classic treat made this year compared to last¹. With many of America’s beloved restaurants closed due to quarantine orders or limited in capacity due to social distancing, Americans have found themselves at-home, seeking activities to bring the family together. The unmistakable trio of Hershey’s milk chocolate, Jet-Puffed marshmallows and Honey Maid grahams has inspired families yet again to connect and create delicious memories together while making the iconic S’mores treat. Together they have made S’mores the dessert of the summer.

While we remain at home, Hershey’s, Jet-Puffed and Honey Maid brands want to say thank you to those who have enjoyed a S’mores. As a small token of their appreciation, the three classic S’mores staples will be giving back this National S’mores Day, turning to the small, local restaurants that are an integral part of our local communities and have been affected by the pandemic. These are the restaurants that make up the backbone of America. They, like S’mores, connect families and ignite memories. Without them, we miss out on not only great food, but great family traditions. 

Hershey’s, Jet-Puffed and Honey Maid brands are calling on these small, hometown restaurants and their staff to showcase their favorite S’mores dessert on their menu (new or existing) for a chance to win one of five $10,000 prizes. This extra sweet initiative launches, August 10^th at 9AM ET, National S’mores Day, and the five winners will be selected and announced on September 1^st.  

«We are overwhelmed by the love people have had for S’mores this summer. During the current pandemic, many families have turned to the connectivity and comfort of making s’mores as a way to get through this challenging time,» said Bill Maclean, senior marketing director, Hershey’s brand. «We wanted to say thank you and bring attention to all of those local restaurants who have been affected.  We want to provide some relief while celebrating these restaurants, their recipes and their love of S’mores.»

«On average, Americans have made two S’mores since the beginning of the pandemic¹. We are all looking for comfort and connectivity right now! Restaurants, specifically small and independent restaurants, have so many memories and tradition imbedded in them and it’s time to give back to that community» said Allison Kelly, associate marketing director, Jet-Puffed brand.

«The pandemic has hurt nearly every industry. When we considered who we wanted to give back to, we looked at what matters most to people right now – family, friends, connection. S’mores embody summer fun and connectivity. Restaurants do the same!» Said Steven Saenen, marketing director, Honey Maid brand.

Think you have a winner? Local, independent restaurants looking to participate can submit a photo and/or video showcasing their favorite S’mores recipes via Twitter or Instagram, tagging @hersheys @kraftjetpuffed @honeymaidsnacks and using the hashtag #SmoresGivesBackContest. The Official Rules of the contest including more details on how to enter and qualifications for entry, may be found at http://smoresgivesback.com/. 

About The Hershey Company
Hershey, which celebrated its 125th anniversary in 2019, is headquartered in Hershey, Pa., and is an industry-leading snacks company known for bringing goodness to the world through its iconic brands, remarkable people and enduring commitment to help children succeed. Hershey has approximately 16,500 employees around the world who work every day to deliver delicious, quality products. The company has more than 80 brands around the world that drive more than $7.8 billion in annual revenues, including such iconic brand names as Hershey’s, Reese’s, Kit Kat®, Jolly Rancher, Ice Breakers, SkinnyPop, and Pirate’s Booty. 

For over 125 years, Hershey has been committed to operating fairly, ethically, and sustainably. Hershey’s founder, Milton Hershey, created the Milton Hershey School in 1909 and since then the company has focused on helping children succeed. 

To learn more visit: www.thehersheycompany.com 

Follow: 
https://twitter.com/hersheycompany 
https://www.instagram.com/hersheycompany/ 
https://www.linkedin.com/company/the-hershey-company/?trk=top_nav_home 
https://www.facebook.com/HersheyCompany/ 
https://www.youtube.com/hersheycompany 

About Kraft Heinz Company

For 150 years, we have produced some of the world’s most beloved products at The Kraft Heinz Company (Nasdaq: KHC). We are one of the largest global food and beverage companies, with 2019 net sales of approximately $25 billion. Our portfolio is a diverse mix of iconic and emerging brands. As the guardians of these brands and the creators of innovative new products, we are dedicated to the sustainable health of our people and our planet. To learn more, visit www.kraftheinzcompany.com or follow us on LinkedIn and Twitter.

About Mondelēz International

Mondelēz International, Inc. (NASDAQ: MDLZ) empowers people to snack right in over 150 countries around the world. With 2019 net revenues of approximately $26 billion, MDLZ is leading the future of snacking with iconic global and local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz International is a proud member of the Standard and Poor’s 500, Nasdaq 100 and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or follow the company on Twitter at www.twitter.com/MDLZ. 

¹US Census Bureau, IRI, 2016 Hershey’s S’mores A&U Research

View original content to download multimedia:http://www.prnewswire.com/news-releases/hersheys-jet-puffed-and-honey-maid-brands-make-national-smores-day-extra-sweet-by-giving-back-50-000-to-small-local-restaurants-301108781.html

SOURCE The Hershey Company

MENLO PARK, Calif., Aug. 10, 2020 /PRNewswire/ — Sight Sciences, Inc., a growth-stage medical device company transforming the two fastest-growing segments in ophthalmology and optometry, glaucoma and dry eye disease, today announced the enrollment of the first patients in the ORION Clinical Study. The purpose of the study is to build upon the growing body of clinical evidence and accelerating commercial use of the OMNI^® Surgical System in pseudophakic eyes (eyes which had previously undergone cataract surgery) by providing ophthalmic surgeons with prospective, multicenter clinical trial data from 10 sites across the United States.

«Glaucoma affects 80 million people globally and is the leading cause of irreversible blindness in the aging world population,» said Paul Badawi, Chief Executive Officer of Sight Sciences. «To date, the growing microinvasive glaucoma surgery (MIGS) category consists predominantly of glaucoma surgery performed concomitantly with cataract surgery. There remains a large unmet need for a gold standard surgical solution for the millions of phakic and pseudophakic, mild-to-moderate glaucoma patients who do not need cataract surgery but require glaucoma surgery as a standalone intervention. Having just completed and submitted for publication our exciting retrospective review of 12-month clinical outcomes from standalone OMNI procedures in mild-to-moderate glaucoma at 11 sites across the United States, we are extremely excited to begin our trial of standalone use of OMNI in patients with mild-to-moderate glaucoma throughout the United States. We are also thrilled to announce that Dr. Mark Gallardo, a world class glaucoma specialist and one of the foremost canal physiology experts, has just performed the first five successful treatments in ORION.»

«The ORION study is among several planned multicenter retrospective and prospective MIGS clinical trials evaluating the OMNI Surgical System and we’re excited that ORION enrollment has officially begun with Dr. Gallardo’s first cases,» said Thomas Samuelson, MD, attending surgeon and founding partner of Minnesota Eye Consultants, who serves as the principal investigator of the study. «I have personally been using OMNI in many of my pseudophakic glaucoma patients because the device addresses three distinct points of potential resistance in the conventional outflow pathway — the trabecular meshwork, Schlemm’s canal, and the distal collector system –all within a single surgery. I am looking forward to a well-executed, prospective standalone ORION study in collaboration with the Sight Sciences team and an exceptional group of clinical investigators across the country. Based on my personal experience with standalone OMNI surgery and the encouraging results thus far, I believe it is time to investigate this option further in this formal, well controlled study to help benefit patients with mild-to-moderate glaucoma who have already undergone cataract surgery.»

The primary effectiveness endpoint of the ORION trial is the proportion of eyes with at least a 20% decrease in unmedicated mean diurnal intraocular pressure (DIOP) at 12 months. A total of 110 patients will be enrolled and treated at 10 study sites in the U.S. Secondary endpoints at 12 months include the mean change in unmedicated DIOP from baseline as well as the proportion of eyes that attain unmedicated mean DIOP between 6 and 18 mmHg. The study’s safety endpoints are the rates of eye-related adverse events; a reduction in best corrected distance visual acuity (BCVA) from baseline; and the need for a secondary surgical intervention for IOP control.

About Sight Sciences
Founded in 2011, Sight Sciences develops and commercializes intelligently designed and engineered products that target the underlying causes of the world’s most prevalent eye diseases. The company’s surgical glaucoma product portfolio features the OMNI Surgical System, a dually-indicated MIGS device that facilitates the performance of both ab interno trabeculotomy and transluminal viscoelastic delivery. Using proprietary multi-modal functionality, OMNI allows surgeons to target all three sources of resistance in the conventional outflow pathway (trabecular meshwork, Schlemm’s canal, and collector channels) with a single device and single corneal incision.

About OMNI Surgical System
The OMNI Surgical System is a manually operated device for delivery of small amounts of viscoelastic fluid, for example Healon^® or HealonGV^® from Abbott Medical Optics (AMO), Amvisc® from Bausch & Lomb, or PROVISC® from Alcon, during ophthalmic surgery. It is also indicated to cut trabecular meshwork tissue during trabeculotomy procedures.

The OMNI System should not be used in cases where there is insufficient visualization of the anterior chamber. The following conditions may prohibit sufficient visualization required for safe and successful cannula and microcatheter placement: corneal edema, corneal haze, corneal opacity, or any other conditions that may inhibit surgeon view.

The OMNI Surgical System is a tool, not a treatment, and is indicated for use as specified above; it is not specifically cleared by the FDA to lower intraocular pressure in patients with open angle glaucoma.

For more information, please visit sightsciences.com.

OMNI^® is a registered trademark of Sight Sciences.

© 2020 Sight Sciences. All rights reserved.

View original content to download multimedia:http://www.prnewswire.com/news-releases/sight-sciences-announces-first-patients-enrolled-in-orion-a-prospective-multicenter-clinical-trial-of-the-omni-surgical-system-in-pseudophakic-mild-to-moderate-glaucoma-patients-301108240.html

SOURCE Sight Sciences, Inc.

LONDON, Aug. 10, 2020 /PRNewswire/ — Diageo, maker of Johnnie Walker, Smirnoff and Guinness, has today celebrated the conclusion of its highly ambitious 2020 Sustainability and Responsibility Goals. Originally set in 2008, and refreshed in 2015, the goals were among the most ambitious and stretching in the industry. Diageo was among the first companies to set its greenhouse gas (GHG) reduction targets in line with the principles of the Science Based Targets initiative and an early adopter of absolute, rather than relative, GHG reduction targets.

On water stewardship, in 2019 Diageo was appointed a Global Goals Business Avenger^[4] as the business champion for UN Sustainable Development Goal 6: «Ensure availability and sustainable management of water and sanitation for all». This financial year^[5], Diageo has replenished 1,400,000m3 of water, the equivalent of 560 Olympic sized swimming pools^[6], in water-stressed areas.

Ewan Andrew, Chief Sustainability Officer, said: «As we close our 2020 targets, we are incredibly proud of the progress we have made and grateful to our employees and selected partners who have helped us deliver transformational progress. Through our programmes, we have made a positive impact on millions of people, in communities all around the world. We have been agile and moved quickly to adapt to the global changes around us. We are excited about the decade of action ahead and will continue to lead the way, driven by the knowledge that our future success is intertwined with the success of the living planet around us.»

The 2020 targets were selected to align with the UN’s Sustainable Development Goals and designed to cover Diageo’s three main focus areas: reducing environmental impact, building thriving communities and promoting positive drinking. Key highlights delivered include:

• Cutting greenhouse gas (GHG) emissions from direct operations by 509,000 metric tonnes, delivering on its commitment to reduce absolute emissions by 50%^[7].
• Reducing emissions by over a third (33.7%) across its total value chain, going beyond its original 30% target^[8].
• In water stressed areas, replenished 100% of the water used in our final product.
• Ensured that over 99.5% of its packaging is recyclable and achieved 45% recycled content in its packaging.
• Achieved zero waste to landfill in all operational sites and offices.
• Supported more than 250,000 people through its projects focused on clean water, sanitation and hygiene (WASH) in 2020.
• Empowered 435,000 women to date through its community programmes.
• Championed diversity such that 39% of leadership positions are now held by women, going beyond its original target of 35%.

The full report can be accessed here.

Diageo has also long supported the World Health Organization’s goal of reducing harmful drinking by 10% across the world by 2025 and has set itself stretching targets to reach in this area over the next five years. So far, it has reached over 229 million people with moderation messages via its brands and helped educate 1 million young people, parents and teachers about the dangers of underage drinking.

Despite this significant progress, however, Diageo has not quite achieved all its ambitious goals. As reported in 2019, it has not met the full improvement it wanted in the quality of wastewater it discharges, with 90% of its operational sites meeting the stretching target (noting it remains within consent levels granted by local regulators). However, Diageo did deliver a 46.3% improvement in water use efficiency against a target of 50%, only missing the goal due to delayed water recycling projects in Africa and lower packaged volumes in some markets both as a direct result of COVID-19 impacts. It has also found reducing the overall weight of its packaging by 15% more challenging than expected, still delivering a strong 11% reduction with the starting point on lightweight glass making it a tough challenge. Having delivered the goal of 80% of raw materials sourced locally in Africa 2 years early it slipped to 79% over the last quarter of the year, as a direct result of COVID-19 volume impacts.

Over the last decade pursuing its sustainability and responsibility goals, Diageo has adapted its programmes to improve their impact and has seen the benefit of an increased holistic and aligned approach within the business and with our vital third party partners. No business can deliver meaningful targets alone and it will be crucial that this focus and partnership approach is maintained as the world continues to combat both climate change and the effects of the COVID-19 pandemic.

Reflections from the last five years of working towards these goals are:

• The importance of linking sustainability to core business strategies. Diageo’s clean water, sanitation and hygiene programme is an integral part of its water strategy, focusing on communities directly connected to its core business while supporting Diageo’s successful drive to replenish water in water-stressed areas.
• How important it is to have total alignment within the business and strong sponsorship from leaders, as well as effective execution monitoring.
• Inclusion and gender equality should be built into every community programme, rather than treated as a separate objective.
• Early investment in infrastructure and a process of continuous improvement are key to success.
• It is possible to increase Diageo’s impact through long-term, strategic NGO partnerships with organisations like CARE International UK and WaterAid. Diageo benefits from its partners’ in-depth knowledge of local contexts and programme design, so that together we can address issues such as inequality, water stress and climate change.

In the coming months, the company will also be announcing a new set of targets to help further support in the delivery of the UN Sustainable Development Goals over the critical decade to 2030.

For more information, please see Diageo’s 2020 Annual Report or contact the Diageo press office on press@diageo.com or +44 (0) 7803 856 200.

About Diageo

Diageo is a global leader in beverage alcohol with an outstanding collection of brands. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan’s and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo’s global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.

Celebrating life, every day, everywhere.

---

[1] Baseline year is 2007

[2] Baseline year is 2007

[3] By 30.06.2020

[4] https://business.globalgoals.org/business-avengers

[5] 1.07.2019 to 30.06.2020

[6] One Olympic swimming pool contains 2.500 m3 water

[7] Baseline year is 2007

[8] Baseline year is 2007

View original content to download multimedia:http://www.prnewswire.com/news-releases/diageo-celebrates-2015-2020-sustainability-and-responsibility-achievements-301108485.html

SOURCE Diageo

LONDON, Aug. 10, 2020 /PRNewswire/ — Limiting the increase in global average temperature to, or below, 1.5-2˚C versus the pre-industrial level is the ultimate goal as outlined in the Paris Agreement. To realise a low-carbon future, this requires a unified large-scale transition to clean energy and electricity generation by renewables plays a critical role in this shift. Renewables are expected to provide 30% of global electricity generation by 2024, according to the International Energy Association (IEA).

Beyond this, many nations are also injecting increasing investment into the green revolution as a lynchpin for economic recovery in a post-COVID-19 world. With renewable technologies typically more cable intensive than traditional fossil fuel-based generation methods, it will become an increasingly important driver of future wire and cable demand.

In this four-part series of Insights, CRU’s Wire & Cable Team explore three of the most cable-intensive renewable technologies and take a look at future capacity growth and implications to cable demand. While CRU have made part 1 publicly available, parts 2-4 remain exclusive to CRU’s Wire and Cable Market Outlook subscribers:

1. Onshore wind: an essential part of the energy transition roadmap
2. Offshore wind: cable intensive and rapidly growing
3. Solar: a certain bright spot for future wire and cable demand
4. Summary: a comparison of key renewable technologies and cable demand

Industry background

Over the last four decades, the evolution of the onshore wind industry has been remarkable in terms of installations, technology advancements and very importantly, cost reductions. By the end of this year, onshore wind is set to consistently offer a less expensive source of new electricity than the lowest-cost fossil fuel alternative in most regions across the world, according to the International Renewable Energy Association (IRENA).

The deployment of onshore wind has accelerated dramatically since 2010. Among all renewable energy technologies, onshore wind, after hydropower, has dominated the renewables industry, followed by solar. Onshore wind is expected to drive overall growth in renewables across several regions both in the mid- and long-term. Despite it requiring less cable than both offshore wind and solar, CRU estimates onshore wind still consumes approximately twice the amount of cable compared to a natural gas plant and four times more than a coal-fired plant, in terms of conductor kt per GW capacity installed. Undoubtedly, onshore wind deployments are a key driver of global insulated metallic wire and cable demand, especially with regards to power cable.

Read the full story:
https://www.crugroup.com/knowledge-and-insights/insights/2020/wire-and-cable-in-renewables-a-four-part-series/ 

Read more about CRU: http://bit.ly/About_CRU

About CRU

CRU offers unrivalled business intelligence on the global metals, mining and fertilizer industries through market analysis, price assessments, consultancy and events.

Since our foundation by Robert Perlman in 1969, we have consistently invested in primary research and robust methodologies, and developed expert teams in key locations worldwide, including in hard-to-reach markets such as China.

CRU employs over 280 experts and has more than 11 offices around the world, in Europe, the Americas, China, Asia and Australia – our office in Beijing opened in 2004 and Singapore in 2018.

When facing critical business decisions, you can rely on our first-hand knowledge to give you a complete view of a commodity market. And you can engage with our experts directly, for the full picture and a personalised response.

CRU – big enough to deliver a high-quality service, small enough to care about all of our customers.

View original content to download multimedia:http://www.prnewswire.com/news-releases/cru-wire-and-cable-in-renewables-part-1-onshore-wind–an-essential-part-of-the-energy-transition-roadmap-301108340.html

SOURCE CRU