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Vicinity Energy Recognized by Cambridge Chamber of Commerce for eSteam™

By District Energy posted 12-12-2023 17:54

  

Financial Post

Summary

Vicinity Energy, a decarbonization leader with the nation’s largest portfolio of district energy systems, has been recognized by the Cambridge Chamber of Commerce for its commitment to innovation in the launch of eSteam™, the first renewable, carbon-free thermal energy product in the United States.

With a commitment to achieve net zero carbon emissions by 2050, Vicinity is electrifying its district energy systems, starting in Boston and Cambridge, with other locations to follow. The company’s multi-pronged decarbonization and electrification plan includes installing innovative technologies such as electric boilers, industrial-scale heat pumps, and thermal storage. Vicinity announced the launch of eSteam™, the first-ever carbon-free thermal energy product powered by renewable energy, as a key part of this strategy.

“Vicinity’s work to decarbonize its customers, operations, and communities by electrifying steam generation truly embodies the Visionary spirit,” stated David Maher, president and CEO of the Cambridge Chamber of Commerce. “We are proud to present the Visionary Award to Vicinity for the development of eSteam™, a renewable carbon-free product that will be critical to helping businesses decarbonize their operations in Boston and Cambridge.”

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