This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

WGL Holdings, Inc. And Washington Gas Unveil Cutting-Edge, Low Emission Bloom Energy Server

WGL Holdings, Inc. (NYSE: WGL) today announced that it has installed a Bloom Energy Server, as featured on 60 Minutes, at its subsidiary’s new state-of-the art Springfield Center. Washington Gas now has a solid oxide fuel cell that converts clean natural gas directly to electricity. Output from the unit is estimated to reduce CO 2e emissions by approximately 50 percent compared to conventional grid electricity. The use of this technology at its Washington Gas facility is consistent with the WGL Holdings Inc. vision to be the preferred source of clean and efficient energy solutions that include natural gas, electricity and renewable sources such as solar and wind.

“The installation of Bloom’s clean energy technology was a natural decision for Washington Gas and is consistent with our commitment to environmental stewardship,” said Terry D. McCallister, Chairman and Chief Executive Officer of WGL Holdings and Washington Gas. “We will continue to seek innovative, eco-sensible technologies and process improvements that can deliver both environmental and economic benefits in every aspect of our operations.”

According to Bloom Energy, the electrochemical reaction occurring within the server generates electricity, heat, some H 2O and pure CO 2. The fuel cell will run 24/7/365, providing approximately 35 percent of Washington Gas’ baseload power needs for the entire facility and will almost eliminate all SOx, NOx and other harmful smog forming particulate emissions. With the addition of the energy server, Washington Gas will also avoid the enormously inefficient energy losses that occur with conventional grid electricity.

“We salute the decision of WGL Holdings and Washington Gas in selecting Bloom Energy Servers as a major source of clean, reliable on-site electric generation that will help power the critical facilities of its new Springfield Center, said K.R. Sridhar, Principal Co-Founder and Chief Executive Officer of Bloom Energy. “Washington Gas is demonstrating the key attributes of our product – on-site dependable electric generation with a significant decrease in greenhouse gas emissions.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 -1.04%
FB $118.06 0.54%
GOOG $695.70 0.48%
TSLA $222.56 -4.20%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs