DOVER,
Del., June 26, 2024 /PRNewswire/ -- Chesapeake
Utilities Corporation (NYSE: CPK) today announced the first
injections of renewable natural gas (RNG) at its Radio Avenue
injection point in Yulee, Florida,
from the Company's RNG facility at Full Circle Dairy in
Madison County. FPU Renewables,
which constructed and operates the RNG facility, and its parent
company, Florida Public Utilities Company, are subsidiaries of
Chesapeake Utilities Corporation (Chesapeake Utilities).
The injections are part of the commissioning phase of the
Company's first RNG development project, which included the
construction and operation of a dairy manure-to-biogas RNG facility
at Full Circle Dairy. The facility is now producing RNG, with the
first deliveries and injections of captured RNG taking place
earlier this month. The RNG is transported from the facility to the
injection site by Chesapeake Utilities' subsidiary Marlin Gas
Services, a provider of virtual pipeline solutions. To date, during
the facility's first month of production, approximately 4,700
dekatherms of RNG have been captured and transported to the
injection site.
"This RNG project builds upon Chesapeake Utilities' solid
foundation, legacy assets and focus on operational excellence,"
said Justin Stankiewicz, general
manager. "It highlights our ability to play a pivotal role in the
entire RNG value chain, from production to transportation,
injection, and finally, transmission and distribution of the
pipeline quality gas."
The RNG facility at Full Circle Dairy, which began construction
in February 2023, captures and cleans methane from manure
generated by dairy cows. The facility is expected to produce an
average of 100,000 dekatherms annually and represents a
capital investment of $22 million.
The facility is projected to capture and redirect approximately
1,116 metric tons (mt) of methane per year, equivalent to
27,900 mt of carbon dioxide. Using
the EPA greenhouse gas equivalencies calculator, this methane
reduction equates to over 6,000 gasoline-powered passenger vehicles
driven for one year and a CO2 emissions reduction equivalent to the
annual energy consumption of more than 3,500 homes.
The fuel injection point in Yulee was constructed in 2023, and has been
adapted to enable alternative fuels, such as RNG, to be delivered
into the existing pipeline delivery system and support the growing
demand for energy in Nassau
County.
About Chesapeake Utilities Corporation
Chesapeake Utilities Corporation is a diversified energy
delivery company, listed on the New York Stock Exchange. Chesapeake
Utilities Corporation offers sustainable energy solutions through
its natural gas transmission and distribution, electricity
generation and distribution, propane gas distribution, mobile
compressed natural gas utility services and solutions, and other
businesses.
Please note that Chesapeake Utilities Corporation is not
affiliated with Chesapeake Energy, an oil and natural gas
exploration company headquartered in Oklahoma City, Oklahoma.
Media Contact:
Brianna Patterson
Manager, Public Relations and Strategic Communications
419.314.1233
Investor Relations Contact:
Lucia M. Dempsey
Head of Investor Relations
347.804.9067
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SOURCE Chesapeake Utilities Corporation