Perspectives: Untapped opportunities for excellence — risk managers and risk control surveys

Annual Green Supplement 2024

Green facility helps power many iconic Boston buildings

NYC’s Underground Steam System May Be Key to a Greener Future

Powering Sustainable Futures

Powering Sustainable Futures

Hosted by Claims Never Sleep | November 21, 2024

On this episode of the Claims Never Sleep podcast, Meghan and Jen chat with Vicinity Energy’s Director of Risk Management Rachel J. Thuerk.

About Claims Never Sleep podcast

Attorney and partner Meghan Henry, who also hosted a podcast, has joined Cruser Mitchell, and is launching a new podcast that delves into the world of Claims. With a wide range of guests from across the industry, the podcast learns about the claims process, through anecdotes from many perspectives of the insurance business.

Vicinity Energy Delivers eSteam™, First Carbon-Free Thermal Energy Solution in U.S.

Cambridge, November 20, 2024—Vicinity Energy, a decarbonization leader with the nation’s largest portfolio of district energy systems, announced the launch of eSteam™, the first carbon-free thermal energy solution in the United States. This milestone follows a swift two-year journey from concept to execution. Vicinity’s inaugural 42MW industrial-scale electric boiler is now operational at its Cambridge, MA, facility. This achievement underscores Vicinity’s Clean Energy Future commitment to achieving net zero carbon emissions by 2050.

The electric boiler will enable Vicinity to deliver its award-winning carbon-free thermal energy product, eSteamTM, to its customers starting this heating season, marking a pivotal advancement in urban sustainability. Boston and Cambridge-based customers have partnered with Vicinity to use eSteam™ in their buildings as an immediate solution for reducing carbon emissions.

Vicinity will import renewable electricity through its co-located substations to power the electric boiler, generating carbon-free eSteam™. Leveraging its established underground steam network, Vicinity delivers eSteam™ directly to customers, enabling cost-effective compliance with performance standards, accelerating clean energy adoption and the broader energy transition.

“The delivery of eSteam™ marks a pivotal moment in advancing urban decarbonization,” said Kevin Hagerty, president and CEO of Vicinity Energy. “The strong interest we’ve received from customers underscores the growing and urgent need for carbon-free thermal energy. As we approach capacity, the enthusiasm of early adopters reaffirms that district energy electrification is not only a viable solution but also the most efficient and cost-effective pathway to decarbonize a city quickly.”

Vicinity is contracted to supply eSteam™ to leading organizations like Emerson College and life sciences leader IQHQ, emphasizing the unprecedented demand for carbon-free thermal energy in Boston and Cambridge. Their adoption of eSteamTM reflects its broad, transformative impact on industries focused on advancing sustainability goals.

“I grew up not too far from this location, and I have seen the transformation of this community from this site in particular, which is now going to reduce our neighborhood’s carbon footprint.” said Massachusetts State Senator Sal DiDomenico. “I want to thank Vicinity for choosing Cambridge, because we need to show the rest of the nation and the world that innovation is happening here in our great city. We are changing lives, and we’re doing work here that is not happening anywhere else in this country or the world.”

“The launch of eSteam™ marks a major step forward in our journey toward cleaner energy,” said Jennifer Lamy, associate director of sustainability at Emerson College. “Starting this semester, eSteamTM will begin heating campus buildings, and in the next several years, all of Emerson’s steam-heated buildings will be heated with carbon-free eSteamTM. Our use of eSteamTM will contribute significantly towards our goal of carbon neutrality by 2030.”

“This project is a terrific example of the leadership and vision of businesses seizing the opportunities of the clean energy transition,” said Brad Campbell, president and CEO of the Conservation Law Foundation. “The commercial heating and power sector has long been considered ‘hard to decarbonize,’ but Vicinity is showing it can be done with existing technology in a competitive environment.”

“We at the Environmental League of Massachusetts know that technological innovation can both tackle climate change and create opportunities for our communities,” said Elizabeth Turnbull Henry, president of the Environmental League of Massachusetts. “Vicinity’s commitment to decarbonization with the launch of eSteamTM is exactly the kind of leadership we need to build a resilient, sustainable future for generations to come.”

About Vicinity Energy

Vicinity Energy is the largest owner and operator of district energy systems dedicated to decarbonizing its operations and investing in innovative renewable thermal energy technologies to offer carbon-free eSteam™ to its customers. Operating 19 district energy systems in 12 cities, Vicinity delivers reliable and sustainable steam, hot water, and chilled water to 260 million square feet of building space nationwide. As Vicinity advances its electrification efforts across its locations, the goal to achieve net zero by 2050 is more than a commitment—it’s a mission. Learn more about Vicinity’s vision for a clean energy future at www.vicinityenergy.us.

Media Contact
Sara DeMille
Senior Director, Marketing and Communications
media@vicinityenergy.us

Vicinity Energy to use underground steam pipes, industrial heat pump to create clean energy

Temperature of Charles River can be exploited as renewable source of energy

Vicinity Energy Executive Chairman Bill DiCroce on Boston Public Radio

Boston Public Radio in conversation with Vicinity Energy’s Bill DiCroce

Hosted by WGBH | October 3, 2024

On the WGBH Boston Public Radio show, Vicinity Energy’s Executive Chairman Bill DiCroce joined the President of the Alliance for Climate Transition Joe Curtatone on the radio to discuss how Vicinity is combating the climate crisis by electrifying our district energy systems, and why more businesses need to take action now.

About Boston Public Radio

Hosts Jim Braude and Margery Eagan facilitate smart local conversation with leaders and thinkers shaping Boston and New England. Listen to the full episode here.

The Boston Globe Climate Club Explores: Climate Innovation

Vicinity Energy’s CEO Kevin Hagerty took part in an Energy Innovations panel, hosted by The Boston Globe and presented by the Museum of Science. The panel explored the past, present, and future of energy innovations, including what has shaped the current landscape and the groundbreaking advancements that are driving us toward a sustainable future. Climate reporter Sabrina Shankman moderated the dynamic conversation between Kevin and the Executive Director of HEETlabs, Audrey Schulman, and the Chief Technology Officer of Innovation at Schneider Electric, Scott Harden.