Spatial Risk Systems

Hurricane Helene, Spruce Pine, North Carolina, and Global Supply Chains. National Public Radio (NPR) in the US authored an article this week on the potential global impact on semiconductor and solar panel production. Pure quartz crystals are a crucial ingredient in these production processes, and Spruce Pine is one of the few places on the planet known to possess high-quality quartz. Interestingly, ownership of these mining operations is outside the United States, with Quartz Corp, a Joint Venture between Imerys S.A. (France), Norsk Mineral AS (Norway), and SCR Sibelco NV (Belgium). Crushed quartz from the SCR Sibelco mines also provides the 'Sand' found in the bunkers at Augusta National Golf Course, home of the Masters. Invitational Golf Tournament held each April. https://lnkd.in/ej5uP_4u #supplychain #physicalrisk #assetlocation #assetownership

Link to Dashboard: https://lnkd.in/ehagyPbJ #AI #DataCenters #Sustainability #ElectricityGeneration #CarbonEmissions #GHG #EnergyTransition #ClimateChange #SRS #ElectricityDashboard #RenewableEnergy #ScopeIEmissions #ScopeIIEmissons

Link to Dashboard: https://lnkd.in/ehagyPbJ #AI #DataCenters #Sustainability #ElectricityGeneration #CarbonEmissions #GHG #EnergyTransition #ClimateChange #SRS #ElectricityDashboard #RenewableEnergy #ScopeIEmissions #ScopeIIEmissons

In the News "A Microsoft deal would reopen the Three Mile Island nuclear plant to power AI. The shuttered Pennsylvania plant's owner plans to bring it online by 2028, and the tech giant would buy all the power it produces." Here are the other plants we mentioned in a previous post. #datacenter #ai #renewableenergy

🔍 Spotlight on U.S. Coal Mines and Methane Emissions The global demand for coal reached an estimated 8.54 billion tons in 2023, with the U.S. contributing 594 million tons, representing 6.9% of the total. Methane emissions from coal mining, especially underground activities, are significant, with an intensity ratio of 20%—0.2 metric tons of methane released for every ton of coal extracted. Notably, U.S. regulators do not mandate methane emissions reporting for surface coal mines.   In the latest reporting year, U.S. coal producers exported 13% of their annual production, with the top five destinations being India, the Netherlands, Japan, Brazil, and South Korea.   At Spatial Risk Systems (SRS), we continuously track these emissions and risks across top U.S. coal-producing assets and their owners (linking asset to owners is where we shine). As global demand remains high, understanding the impact on both local and global scales is crucial.   📊 Stay informed with SRS for in-depth portfolio risk analysis and actionable insights.   #EnergyTransition #MethaneEmissions #CoalMining #Sustainability #ClimateRisk

Rising electricity demand has led to an 800% increase in forward-looking capacity prices, as announced by PJM, the United States' largest regional grid operator, on July 30th. With nuclear energy now being considered a renewable energy source by large consumers of electricity (i.e., Microsoft, Google, etc.).  Is it time to explore the potential of recommissioning nuclear power plants as a quick and impactful way to boost the U.S. electricity grid?  Six facilities, if brought back online, could add a substantial 39.7-million-megawatt hours to the grid. To put this in perspective, that’s equivalent to 28% of the U.S. annual solar production or 9.3% of wind energy production based on the latest annual electricity output reported by the EIA (Energy Information Administration). Nuclear power stands out with a utilization rate 4x higher than solar and 2.5x higher than wind. This reliability makes it a powerful complement to intermittent renewables. As Bill Gates and other energy visionaries have emphasized, nuclear energy could be key to a low-carbon future. While there are economic, environmental, and regulatory challenges, recommissioning these plants might be a practical path forward—providing consistent, low-carbon power to help stabilize the grid and reduce reliance on fossil fuels.    For more information and details on these six facilities, touch base with Spatial Risk Systems (SRS). The future of energy is diverse, and nuclear might just play a bigger role than we previously imagined. #NuclearEnergy #RenewableEnergy #Sustainability #EnergyInnovation #CleanEnergy 

New York City is one of the dirtiest cities in the world regarding air quality and greenhouse gas emissions. Local Law 97, passed by the City Council in 2019, is one of the most ambitious plans to reduce emissions from large buildings (>25,000 Square Feet), whose emissions account for two-thirds of the greenhouse gas emissions in New York City. However, it is now in danger of being delayed and diluted. Air diesel (100%), air respiratory (98.2%), and air cancer (97.6%) risks are among the highest national percentiles in the nation. New York also has one of the highest Carbon Intensity Ratios for Electricity Production at 65%, which means 0.65 Metric Tons of Greenhouse Gas Emissions are spewed into the atmosphere for every Megawatt Hour of electricity produced. It is not a pretty picture.

Leveraging GEO's MethaneScan® Technology for Sustainable Investment in the Oil & Gas Sector Spatial Risk Systems (SRS) is teaming up with GEO | Geofinancial Analytics (GEO) to revolutionize sustainable investment in the oil and gas sector. By integrating GEO’s advanced MethaneScan® technology with SRS’s comprehensive Global Assets knowledge graph—which includes data on well heads, gas plants, compressor stations, and other midstream and downstream assets and their owners—investors gain a robust solution for monitoring methane emissions. Given that less than 30% of companies in this sector currently report emissions, this collaboration offers a crucial methodology for accurately measuring and quantifying methane leaks. The escalating focus on methane emissions within the US oil and gas industry has placed a spotlight on innovative solutions that not only mitigate environmental impact but also align with sustainable investment strategies. Recent developments, including Marathon Oil's settlement with the EPA over methane emissions in North Dakota, underscore the regulatory pressures driving the need for advanced monitoring technologies. GEO has emerged as a pivotal player in this space with its groundbreaking MethaneScan® technology. This state-of-the-art solution, bolstered by a prestigious NSF grant, utilizes advanced multi-satellite detection capabilities to pinpoint methane leaks across expansive operational areas. The Biden administration's introduction of methane fees, as detailed by Grist, further emphasizes the urgency for robust methane detection and mitigation strategies. For sustainability investors, hedge funds, asset owners, and investment bankers evaluating oil and gas operators, the adoption of technologies like MethaneScan® represents a critical factor in assessing environmental risk and potential impacts on operating results and investment returns. Shell's recognition in 2023 for best methane management in North America by MethaneScan® highlights the growing importance of proactive methane emission reduction strategies within the industry. GEO's MethaneScan® offers investors a tangible tool to gauge an operator's commitment to sustainability and regulatory compliance. By integrating MethaneScan® and SRS data into due diligence processes, investors can evaluate how well oil and gas operators are managing methane emissions. This capability not only supports responsible investment decisions but also encourages transparency and accountability within the sector. For more information on how MethaneScan® can enhance your investment strategy or operational efficiency, see comments for GEO’s website or contact SRS. #Sustainability #ESG #MethaneEmissions #OilAndGas #Investment #SustainableInvesting #ClimateChange #EnvironmentalRisk #EnergyTransition #Innovation #DataAnalytics #RiskManagement #RegTech #ImpactInvesting

SRS provides detailed coverage on over 18,000 US Municipal Bond Issuers

Spatial Risk Systems partner DPC DATA Inc. rebrands! MuniESG Solutions is now MuniCLIMATE Solutions. 🌍 Why the change? To better reflect their focus on climate risk as a critical factor in US Municipal Bond workflows. As more issuers, investors, and underwriters embed Climate Intelligence, GHG Emissions, and Sustainability Factors in their existing workflows, DPCDATA's climate-specific data will aid decision-making. Read the press release: https://lnkd.in/gmceCDwa. At Spatial Risk Systems (SRS), we support DPCDATA in enhancing climate risk analysis. Our comprehensive offering (Historical Weather, GHG Emissions, Environmental Factors, and Socioeconomic Factors) provides spatial-level insights into the US Municipal Markets. #ClimateRisk #Investment #SpatialRiskSystems #MuniCLIMATE #ESG