Unearth the secrets to successful compliance through a data-driven approach in this enlightening breakout session with Talmadge Centers, VP Gas Business Development, Picarro. Learn about the crucial role of process improvement and data collection in meeting regulatory standards and how strategic planning can pave the way for better financial outcomes.

Explore the impact of capital investment, depreciation, and rate cycles on your company’s bottom line, and discover how to allocate costs effectively to stimulate growth. Uncover the importance of risk management and exploit the benefits of maximizing returns, all through leveraging Picarro’s cutting edge technology.

This session is more than just a guide; it’s a call to action for businesses in the natural gas distribution industry to harness the power of data for decision-making, to manage operating costs, and to invest wisely. Watch and learn how to turn regulatory compliance from a challenge into an opportunity for growth and profitability.

Speaker: Talmadge Centers, VP Gas Business Development, Picarro

Key Takeaways:

• Monetizing Emissions Reduction for Financial Value: Capitalizing on the reduction of emissions can create substantial financial advantages for both shareholders and customers. By turning this process into financial value, businesses can ensure profitable sustainability.
• Risk Management and Profit Generation through Process Evolution: Employing progressive technology and adapting business processes can position a company to effectively manage risks. This transformation allows for every dollar invested to generate a greater return.
• Industry Crisis and the Focus on Emissions Reduction: The industry is facing an escalating crisis due to societal shifts, changing customer expectations, and tight regulations. A strong emphasis on emissions reduction has become pivotal to navigate these challenges.
• Phased Deployment for Value Maximization: Adopting a phased approach to system deployment, beginning with data collection and driving immediate savings, can provide substantial benefits. Compliance, introduced gradually after system optimization, can minimize expenses and maximize risk mitigation and value.
• Allocating Operating Costs for Financial Flourishing: Diverting a portion of operating expenses to capital can stretch out the expenditure over a longer timeline. This results in a steadily growing rate base, smooth cash flow, and a positive impact on earnings.

Selected Links/Material:

• Picarro’s Innovative Solution for Detecting and Measuring Fugitive Methane Emission
• PCG Volume 2: Methane Emissions Abatement & Super Emitters
• Pipeline Safety: Gas Pipeline Leak Detection and Repair, Proposed Rule
• Transforming Leak Detection and Repair: A Deep Dive into PHMSA’s Proposed Amendments