It appears that almost the entire focus of the response to the BP oil rig spill in the Gulf of Mexico is on how to deal with the oil on the surface of the water. The focus needs to be on shutting down the well.
CEO Neno Duplan would not disclose the dollar amount of the contract, which was announced last week, but, he said, “I can tell you, in this industry, it doesn’t get bigger than this.”
The 2009 crop of winners contended with what likely was the most challenging business conditions in history.
SAN FRANCISCO, Calif., January 25, 2010 — Locus Technologies was recognized as one of the leaders in software for greenhouse gas (GHG) accounting and reporting by Massachusetts-based research firm Groom Energy Solutions. Their Enterprise Carbon Accounting (ECA) report is titled “2010 Enterprise Carbon Accounting: An Analysis of Corporate-Level Greenhouse Gas (GHG) Emission Reporting and a Review of GHG Software Products.” This report comes only weeks after UtiliPoint International, Inc., a key utility and energy industry analysis and consulting firm, in a similar report recognized Locus as one of the oldest and most comprehensive providers of GHG software.
“We are very pleased that some of the leading industry analysts, first UtiliPoint, followed by IDC, and now Groom Energy, have recognized Locus as one of the most established and versatile companies in the sustainability and environmental software space,” said Dr. Neno Duplan, President and CEO of Locus.
Founded in 1997, Locus pioneered the use of the Internet’s power to manage all aspects of environmental business, focusing on environmental information management (EIM) developed on a Software as a Service (SaaS) platform and delivered through Cloud Computing. In addition, ePortal, the Locus environmental executive dashboard, brings key environmental information to the user’s desktop in a Yahoo!-style single sign-on (SSO) interface, providing the ability to drill into the data when a more in-depth view is needed.
“With our suite of diverse but well integrated products offered through an SSO, along with our stellar client list who manage environmental information in real time using Locus Cloud Computing software at over 36,000 sites around the world, Locus is well positioned to continue to lead the environmental software market,” added Dr. Duplan.
Thirteen years after Locus’ founding, environmental software has become a multi-billion dollar industry with new players entering almost daily. In its report, Groom Energy stated that more than $46 million in venture capital was invested in ECA startup companies in 2009, while large software companies like Microsoft and SAP also entered the market. The research also confirmed that the number of corporations disclosing GHGs increased significantly in 2009 and predicts that ECA software purchases will increase 600 percent by 2011. To distinguish Locus from competition, Locus offers a proven track record of delivering complex environmental information management and compliance solutions over the Internet for over 10 years.
The New York Times, in commenting on the Groom Energy Study, reports that the current ECA industry leaders are a mix of longtime software players and startups. The newspaper predicts that winners will be the companies that can integrate various applications that not only manage GHGs but also provide management of other, mission-critical environmental data and information, such as water quality and consumption management.
The analyst reports highlight Locus’ experience in Cloud Computing, not only for the company’s GHG emissions management, but also for its general leadership in the complex space of environmental sustainability software, including water quality management.
Locus is an industry leader in providing Web-based Cloud Computing information technology to help manage data and information related to water supply and quality to meet the growing need for clean water.
Any climate bill before the U.S. Congress is almost certainly to be delayed after the 19 January 2010 special election of Massachusetts Republican Scott Brown to fill the U.S. Senate seat of the late Democratic Sen. Edward Kennedy. However, the U.S. Environmental Protection Agency last December declared greenhouse gases a danger to public health. The “endangerment finding” announced by EPA will allow EPA to manage GHG emissions under the 1970 Clean Air Act, and opens up large emitters such as power plants, oil refineries, chemical plants and metal smelters to regulations that limit their output of carbon dioxide and other gases. Managing GHG under the Clean Air Act will be more costly to the industry. The biggest threat of huge new energy taxes and government controls right now comes not from cap-and-trade legislation, but from the existing regulation such as the Clean Air Act and the Clean Water Act. As a result, the industry will focus on the broad spectrum of existing environmental compliance issues, all of which require specialized software and a deep knowledge of regulations, all of which Locus developed and deployed over the last 13 years.
Requirements for environmental compliance have existed for years. The Mandatory Reporting of Greenhouse Gases Rule of September 2009 represents yet another element (and a relatively small one at that) in a long list of environmental compliance activities to which U.S. companies are subject. In particular, oil and gas companies are facing increased regulation and enforcement by the EPA.
As a result, many companies are revisiting their environmental, health and safety (EH&S) strategies and are looking for software applications not only to manage GHG or environmental data, but also to improve operational efficiency and reduce operating costs.
“Locus has served this market exceptionally well since 1997, and maintains the leading position in many of its segments,” noted Dr. Duplan.
Environmental software developer Locus Technologies has earned the right to provider greenhouse gas emissions verification services by the California Air Resources Board.
SAN FRANCISCO, Calif., January 18, 2010 — Locus Technologies (Locus), the industry leader in web-based environmental compliance and information management software, has been accredited by the California Air Resources Board (CARB) to provide greenhouse gas (GHG) emissions verification services. Locus is one of just a few companies to obtain this accreditation.
The accreditation allows Locus to provide verification services for GHG emissions reports. The verification team at Locus consists of experts in all reporting requirements. Locus’ in-house Lead Verifiers are certified in all sectors including refineries, cement production and electricity transactions to provide verification services for all reporting scopes.
On December 6, 2007, pursuant to the California Global Warming Solutions Act of 2006, the CARB approved the Mandatory Reporting of Greenhouse Gas Emissions regulation. The regulation requires the mandatory reporting and verification of greenhouse gas (GHG) emissions. Facilities subject to GHG reporting are mandated to have their greenhouse gas emissions verified beginning in 2010, for their 2009 reported emissions. Facilities will be subject to either annual or triennial verification. Only CARB accredited verification bodies and verifiers may provide GHG emissions reporting verification.
“GHG emissions are becoming important parameters to accurately measure and report. Locus is excited to offer services to aid clients in meeting the new GHG reporting requirements,” stated Dr. Neno Duplan, President and CEO of Locus.
Locus has also developed a cloud computing based software program to collect, manage, and report GHG emissions. “With the training and certification in validation, we are confident that the emissions data in our software can be quickly and easily verified by a third party,” said Dr. Duplan.
Environmental software developer Locus Technologies has earned the right to provider greenhouse gas emissions verification services by the California Air Resources Board.
Emissions Trading & Monitoring Software Study Applauds Locus
SAN FRANCISCO, Calif., December 14, 2009 — In the midst of climate change discussions in Copenhagen, Locus Technologies (Locus), was recognized as one of the oldest and most comprehensive providers of greenhouse gas (GHG) software in a study just published by UtiliPoint International, Inc., a key utility and energy industry analysis and consulting firm.
The UtiliPoint study focuses on both software aimed at emission reporting and software aimed at emissions trading as well as the need for a link between the two types of software. “We are very pleased with leading industry analyst UtiliPoint’s comprehensive study of software providers for greenhouse gas management and with their recognition of Locus,” said Dr. Neno Duplan, President and CEO of Locus.
The Emissions Trading & Monitoring Software Study highlights Locus’ experience in the domain of Software as a Service (SaaS), not only for GHG emissions management, but also as a general leader in the complex space of environmental sustainability software, including water quality management. UtiliPoint predicts that Locus’ record of environmental software expertise will help Locus to become a top player in the emerging field of GHG data management and reporting.
eGHG, Locus’ GHG emissions monitoring software, is applauded in the UtiliPoint report. This software can create an emissions inventory that can be easily verified and reported to various emissions reporting programs in the US and internationally.
“Whether or not carbon is regulated through the Clean Air Act as announced by EPA last week, or a United States Federal cap-and-trade program is created in the near future, a comprehensive monitoring and reporting system is still needed for compliance with the Clean Air Act, various voluntary registries such as The Climate Registry or Carbon Disclosure Project (CDP), and for trading with the various international programs already in place. We are already witnessing an explosive growth in carbon data, analysis, and reporting that comes on top of other environmental data streams such as water and sustainability. Locus provides one stop shopping for all enterprise environmental software needs,” added Dr. Duplan.
SAN FRANCISCO, Calif., November 2, 2009 — Locus Technologies (Locus), the industry leader in web-based environmental software, announced today the release of its free greenhouse gas (GHG) calculator.
By estimating the Metric Tons of Carbon Dioxide emitted from stationary sources, the calculator helps companies know if they are required to meet the California Air Resources Board’s (CARB’s) mandatory GHG reporting CARB 95101 (b)(8) legislation. This handy tool is located on Locus’ website.
“Carbon management and reporting in various legal jurisdictions in the U.S. and around the world is getting complicated by the rapid introduction of new legislation. Spreadsheets or even specialty databases will not work any more. Locus’ approach of deploying a universal web-based platform where multinational companies can input carbon data once and report many times and in many different formats is exactly the concept the market needs to avoid an accounting nightmare, ” said international carbon trading expert Peter Fusaro, Chairman of New York based Global Change Associates, cofounder of the Energy Hedge Fund Center, and creator of the annual Wall Street Green Trading Summit.
“The U.S. EPA Federal Mandatory Reporting Rule and the Climate Registry’s work to harmonize emissions reporting coupled with tools like Locus’ GHG calculator and ePortal will help industry to streamline their GHG reporting requirements while getting insight into their energy consumption,” added Fusaro.
“Offering industry a free GHG estimator is a part of Locus’ broader strategy to provide a suite of cloud-based carbon management tools in our ePortal where customers input GHG and other sustainability information once and report it many times to meet various requirements,” explained Neno Duplan, President and CEO of Locus.
“Locus’ GHG calculator is useful for quickly estimating reporting eligibility and requirements. Organizations will realize cost-savings by organizing their GHG and other sustainability data with Locus’ ePortal software; they can retain historical information in Locus’ central database on the web and use that information for planning and budgeting,” added Duplan.
In addition, the Final Mandatory Reporting of Greenhouse Gases Rule, recently announced by the EPA, imposed a requirement that will require all facilities that emit 25,000 Metric Tons of Carbon Dioxide Equivalent (mtCO2e) per year to report GHG emissions data to EPA annually. To estimate CO2e for Federal EPA requirements, EPA has provided an equivalency calculator at their website, which is accessible from Locus’ website.
Although California ARB and Federal EPA have similar 25,000 ton reporting requirements, the calculation requirements are different. EPA considered several factors when developing the reporting threshold, including the form of the threshold and emissions-based thresholds used in other GHG emissions programs such as California’s 95101 (b)(8) and the Department of Energy’s (DOE’s) 1605b program. EPA’s 25,000 metric ton CO2e threshold will cover many of the types of facilities and suppliers typically regulated under the Clean Air Act (CAA), while appropriately balancing emission coverage and burden.
Locus’ GHG estimating calculator was developed in collaboration with Ecotek (www.ecotek.com), a Los Angeles based consulting firm specializing in air emission reduction solutions. Ecotek is a Climate Action Leader with the California Climate Action Registry and a founding member of The Climate Registry.
299 Fairchild Drive
Mountain View, CA 94043
P: +1 (650) 960-1640
F: +1 (415) 360-5889
Locus Technologies provides cloud-based environmental software and mobile solutions for EHS, sustainability management, GHG reporting, water quality management, risk management, and analytical, geologic, and ecologic environmental data management.