American Water awarded Technology Project of the Year Award by American Water Intelligence
VOORHEES, N.J. — American Water Works Company, Inc., one of the biggest U.S. water and wastewater utilities, has been awarded the Technology Project of the Year award for its NPXpress Wastewater Technology, the company announced in a statement.
The American Water Awards are given by American Water Intelligence (AWI) in four different categories and recognize innovation, forward thinking and best practices in the U.S. water processing industry. The winners were selected at the third annual American Water Summit, which provides an opportunity for representatives of the U.S. water industry to meet and discuss the current state of the sector and possible future developments.
The other award categories include Utility Performer of the Year, Partnership Performance of the Year and Environmental Project of the Year. The patented NPXpress Wastewater Technology was voted one of the two winners in the Technology Project of the Year category, following presentations from all short-listed candidates.
Dr. Mark LeChevallier, director of innovation and environmental stewardship for American Water, presented the technology to the AWI in Chicago, Ill. It is a cutting-edge development that helps wastewater utilities cut down on costs and allows for improved removal of phosphorus and nitrogen. The technology is energy-efficient because it works at lower oxygen levels and its energy consumption is reduced to just half the amount typically required.
In addition, costs are further reduced because the process requires a much smaller amount of expensive chemicals like methanol to be added, with the need for chemical addition being reduced by up to 80 to 100 percent. The technology, developed by a team of American Water experts, is particularly successful amid constantly rising costs and tightened environmental regulation but it also focuses on sustainability and this is one of the main reasons for selecting it.
Commenting on the award, LeChevallier said that American Water is honored to be chosen among a group of highly competitive nominees who have all invested in innovation. Even more significant is the fact that the award is given by peers, which is a remarkable acknowledgment of the work and efforts that American Water makes. He explained that the NPXpress technology has shown its potential for sustainable wastewater treatment and nutrient removal. It has also provided a chance for wastewater utilities to set up their own energy neutral wastewater treatment plant, he added.
American Water was founded in 1886 and is currently based in Voorhees, N.J. It employs about 7,000 workers and provides drinking water, wastewater and other services to some 15 million people not just in the United States but also in parts of Canada.
Recently, American Water announced its third quarter earnings, reporting that it managed to meet expectations on revenues and surpass expectations on earnings per share. The company reported earnings of $0.87 per share, compared to the estimated $0.82. Revenue over the period came in at $831.8 million, exceeding the prediction of $829.26 million.