American Water Receives Two Environmental Industry Awards for Innovations
VOORHEES, N.J. -- American Water (NYSE: AWK), the nation's largest publicly traded water and wastewater utility company, received two Business Achievement Awards from the Environmental Business Journal®(EBJ) and the Climate Change Business Journal® (CCBJ). The awards were presented in a ceremony at the Environmental Industry Summit 2014 this week in San Diego, Calif.
During the summit, Paul Gagliardo, Manager of Innovation Development also participated with four other industry winners on the Award Winners Panel to discuss strategies and tactics that led to their award selections.
American Water was recognized by the EBJ in the Industry Leadership category for its Innovation Development Process (IDP). The program tests new ideas, both from within the company and from business partners, to create greater efficiencies in strategic areas such as water reuse, desalination, wastewater operations and bio-energy. Through the IDP, American Water is bringing new solutions and technologies to the marketplace. Since the program's inception in 2009, approximately 400 ideas were reviewed and several have proceeded to pilot testing and the preparation of a business case.
Additionally, the CCBJ recognized American Water in the Technology Merit: Smart Grid & Energy Management category for expanding its relationship with ENBALA Power Networks to harness the flexibility of the company's demand-side assets and deliver grid balance to the electric power system. ENBALA's innovative technology manages the way treatment plants and pumps use power without impacting the efficiency of the plants' processes or operational costs. American Water's pilot study exhibited the SCADA system could respond within seconds and the entire demand-response process was seamless to the water plant operator. ENBALA Power Networks was the first innovation produced through the company's IDP.
'We are honored to be recognized by two leading industry research publications,' said Mark LeChevallier, Director of Innovation and Environmental Stewardship for American Water. 'The ENBALA partnership is just another example of how American Water embraces innovations that make a difference for our customers, our communities and our environment.'
This is the fifth year American Water has received a Business Achievement Award. These awards annually recognize companies and executives for environmental achievements seen as outperforming the market.
Founded in 1886, American Water is the largest publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs approximately 6,600 dedicated professionals who provide drinking water, wastewater and other related services to an estimated 14 million people in more than 40 states and parts of Canada. More information can be found at www.amwater.com.