West Virginia Regulatory Staff Seek Answers on FirstEnergy Coal-Generation Plans

first_img FacebookTwitterLinkedInEmailPrint分享Darren Sweeney for SNL:West Virginia regulatory staff have asked FirstEnergy Corp.’s utilities to explain why buying an existing coal-fired power plant is the best option for meeting future generation needs. The utilities also were asked to provide the additional costs needed to retrofit a supercritical, coal-fired plant to meet federal environmental requirements.Monongahela Power Co. and fellow FirstEnergy subsidiary Potomac Edison Co. submitted their integrated resource plan late last year to the Public Service Commission of West Virginia. Mon Power, which supplies the generation needs for Potomac Edison’s West Virginia service territory, predicted a capacity shortfall of more than 850 MW by 2027 and said that purchasing existing generation facilities or co-firing its coal plants with gas are likely the best options to meet this need. (Case No. 15-2002-E-P)Guggenheim Securities LLC analyst Shahriar Pourreza noted in a March 15 research report that opponents of the plan are concerned that FirstEnergy is attempting to place one of its merchant coal plants into the West Virginia utilities’ rate base.Retrofitting would cost approximately $55 million to $80 million for each unit at the coal plants, which Mon Power breaks down to $85 per MW for the three units at Harrison and $140 per MW for the two units at Fort Martin.The utilities said they did not factor in the additional costs needed to meet the minimal EPA requirements under the Clean Power Plan since the regulations remain under litigation and “have yet to be defined in the state implementation plans.”Regulatory staff, however, also are skeptical of the effect on reliability during the retrofitting.“How can the Company remain in compliance with [PJM Interconnection LLC] requirements when at any given outage to retrofit a generating unit with co-fired natural gas burners, generation will be down by at least 546 MW?” the PSC staff asked.Full article ($): W Va. regulatory staff seek answers on FirstEnergy utilities’ coal generation plans West Virginia Regulatory Staff Seek Answers on FirstEnergy Coal-Generation Planslast_img read more

‘Fastest-growing solar market in the U.S.,’ Texas signs $100 million deal with project developer

first_img‘Fastest-growing solar market in the U.S.,’ Texas signs $100 million deal with project developer FacebookTwitterLinkedInEmailPrint分享Texas Public Radio:A deal announced Monday could mean a $100 million towards solar projects in Texas. Austin-based solar power company PowerFin Partners will develop and build the projects and Toronto-based real estate investors Fengate will finance the deals as part of today’s announced co-development deal.“Financing of solar projects is pretty difficult,” said Tuan Pham, president of PowerFin. “(The deal) allows Fengate to focus on the financing and us to focus on the operating, development, and construction.”PowerFin is best known for developing projects like CPS Energy’s residential solar program, Fengate director Greg Calhoun pointed to both projects as innovations in the solar market and part of the reason they decided to partner with PowerFin. Another big reason was accessing Texas’ solar market.“Texas is the fastest growing solar market in the U.S.,” Calhoun said. “There’s a great resource here. There’s population growth, so the macroeconomic story makes sense. The resource story makes sense.”It is the second $100 million solar development commitment that Fengate has announced in three months. Fengate will partner with Alberta, Canada-based Greengate Power Corporation.More: Texas Could See $100 Million In Solar Investmentslast_img read more

Terrorists are ‘generally Muslims’ says Ryanair CEO

first_img“You can’t say stuff, because it’s racism, but it will generally be males of a Muslim persuasion. Thirty years ago it was the Irish.”A spokesman from the Muslim council of Britain accused O’Leary of “Islamophobia”.  O’Leary was “encouraging racism”, Labor MP Khalid Mahmood told the newspaper.”In Germany this week a white person killed eight people. Should we profile white people to see if they’re being fascists?”The Ryanair CEO is known for his controversial views and has floated proposals to charge fliers to use the toilet during Ryanair flights and a “fat tax” on obese passengers.  Muslim men should be profiled at airports as terrorists will “generally be of a Muslim persuasion”, Ryanair CEO Michael O’Leary said in an interview published Saturday, sparking accusations of racism. “Who are the bombers?” the budget airline’s controversial chief executive said while discussing airport security in the interview with the Times newspaper. “They are going to be single males travelling on their own… If you are travelling with a family of kids, on you go; the chances you are going to blow them all up is zero.” Topics :last_img read more

Samsung Elec wins $6.6 billion Verizon order for network equipment

first_imgSamsung said in a regulatory filing the period of the contract, which Samsung’s US unit signed with Verizon Sourcing LLC, is from June 30, 2020 to Dec. 31, 2025.Samsung had a 3 percent market share of the global total telecom equipment market in 2019, behind No. 1 Huawei with 28 percent, Nokia’s 16 percent, Ericsson’s 14 percent, ZTE’s 10 percent and Cisco’s 7 percent, according to market research firm Dell’Oro Group.The Trump administration last month unveiled plans to auction off spectrum previously dedicated to military purposes for commercial use starting in mid-2022, to ramp up fifth-generation network coverage in the United States.The next-generation 5G wireless network is expected eventually to connect and enable high-speed video transmissions and self-driving cars, among other uses.Britain in July ordered Huawei equipment to be purged completely from its 5G network by the end of 2027, adding it needs to bring in new suppliers like Samsung Electronics and Japan’s NEC.Samsung Electronics shares rose 2 percent compared to the wider KOSPI’s 0.5 percent climb.Topics : Verizon is believed to be Nokia’s biggest customer, JP Morgan research said in a July note.“Samsung winning the order from Verizon would help the company expand its telecom equipment business abroad, potentially giving leverage to negotiate with other countries,” said Park Sung-soon, an analyst at Cape Investment and Securities.The order is for network equipment, a Samsung spokesman said. The company declined to comment on detailed terms the contract such as the portion of 5G-capable equipment included.“With this latest long-term strategic contract, we will continue to push the boundaries of 5G innovation to enhance mobile experiences for Verizon’s customers,” Samsung said in a statement. Samsung Electronics said on Monday it had won a US$6.64 billion order to provide wireless communication solutions to Verizon in the United States, a major win for the South Korean firm in the next-generation 5G network market.Samsung’s global prospects for its network business have improved following US sanctions on its bigger rival Huawei, analysts said.Verizon CEO Hans Vestberg told CNBC in July last year that Verizon does not use any Huawei equipment. Verizon had already been a Samsung customer before the order.last_img read more

Townsville’s rental market showing signs of recovery

first_imgTownsville’s rental market is on the up.TOWNSVILLE’S rental market is showing signs of recovery with vacancy rates falling to the lowest levels since December 2014.The latest Real Estate Institute of Queensland figures show that as of the end of June, vacancy rates were 5 per cent.It follows vacancy rates spiking in September 2016 at 7.1 per cent.John Gribbin Realty principal John Gribbin said the rental market was slowly starting to turn around.“There is definitely signs of improvement but it’s not going to recover overnight,” he said.“We still need a lot of people to come back to Townsville because a lot of people actually left and that’s been part of the problem.“We’re finding places like Annandale, Douglas and Idalia rent well and just generally suburbs that have houses that present well will always move, but the peripheral areas are a bit tougher.”Research commissioned by TP Human Capital and completed by regional economist Colin Dywer shows there has been a surge in demand for rental properties in Townsville in July and there are fewer than 1500 properties available.“We have been collecting residential vacancy data from Realestate.com since July 8 and there has been a drop of 180 properties advertised; that’s an 11 per cent absorption in just over three weeks,” Mr Dwyer said. “Some of the absorption will be southerners taking up short term rentals to enjoy Townsville’s climate but with all the current and proposed project activity and job creation a large proportion will be out-of-towners taking up jobs.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“As the NQ stadium project commences there is likely to be acceleration in demand for homes close to these projects.”Despite an improvement in vacancy rates Townsville’s rental market is still classified by REIQ as being weak. In a statement, the REIQ said that the Government’s focus on jobs and major infrastructure projects was staring to gain traction.TP Human Capital managing director Clayton Cook said an increase in employment was likely to help improve Townsville’s rental market.“We have noticed a change in the Townsville jobs market recently, with a moderate to strong upswing in demand for construction workers, health and social assistance workers (NDIS), administration jobs and education positions,” he said.“There is evidence of skill shortages in some occupations such as labourers, riggers and hairdressers.“If the jobs can’t be filled locally then people from elsewhere will be recruited.“This migration will impact the property market in a variety of ways; one impact is likely to be increased demand for rental properties.”last_img read more

Gold Coast’s most pet-friendly suburbs

first_imgThe Gold Coast’s northern suburbs are the most pet friendly.TENANTS with furry friends, rad reptiles and feathered fledglings should consider living in the Gold Coast’s northern suburbs.Latest realestate.com.au data shows landlords with rental properties in Pimpama were most accepting of animals, with 63 listings in the past year that included “pet friendly” or “pet negotiable” in their descriptions.The suburb was trailed by Hope Island with 39 listings followed closely by Arundel (28), Southport (24) and Bundall (19). MORE NEWS: Bidding war pushes property $150k past expectations Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:13Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:13 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenGet Rental Ready!01:14 There were 537 pet-friendly listings in total across the Gold Coast in the past year.Kollosche property management director Blake Farquhar said educating landlords about their rights often helped dispel fear of having pets in their properties.“I think it’s just out of fear that if something happens, they’re not protected,” he said.“In this day and age, it’s more of an education thing.” While some landlords are still reluctant, it’s becoming more common for tenants to have pets.He said people with pets would often have been knocked back when applying for rentals five years ago but it was more widely accepted today.“Pets are considered an additional family member so more and more people are becoming more accepting of it,” he said.Real Estate Institute of Queensland Gold Coast zone chairman Andrew Henderson said Pimpama was most likely a pet-friendly hot spot because it had so many rentals.“Competition is probably the main driver behind that,” he said.“There are a lot of new houses being built, a lot of those being built by investors.”Proposed rental reforms, which were announced last month, would prevent Queensland property owners from refusing pet applications unless they had sufficient grounds.Mr Henderson said it was a dangerous move considering pets could cause “considerable damage” that often far outweighed a property’s bond. “It should be an owners’ choice,” he said. Proposed rental reforms would prevent Queensland property owners from refusing pet applications.REIQ chief operating officer Josh Callaghan said it was important landlords had a choice.More from news02:37International architect Desmond Brooks selling luxury beach villa9 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag1 day ago“Clearly there’s nothing wrong with pets, they’re important parts of family units,” he said.“We think it’s important that (landlords) at least get a say though.”He said there were pros and cons on both sides of the argument.“Often it can be a win win for a landlord to accept people with pets,” he said.“It gives you a wider choice to work out who is right for your property.“Some pets are just not appropriate for some buildings though.”Chief economist at realestate.com.au Nerida Conisbee said landlords in Melbourne were not allowed to refuse an applicant with pets and it hadn’t caused major problems.However, she said “pet friendly” was much more commonly search in Queensland.“It’s really important for people in Queensland to have their pets,” she said.center_img MORE NEWS: House back on the market a month after sellinglast_img read more

Novatek’s second-quarter profit slides

first_imgImage courtesy of NovatekRussia’s Novatek, the developer of the Yamal LNG project, reported a plunge in profit during the second quarter this year. The company’s net profit for the period reached RR 3.23 billion ($50.2 million) during the second quarter this year, dropping 92.9 percent compared to the corresponding period last year.The company’s revenue, however, dropped 5.8 percent for the quarter, reaching RR56.1 billion during the quarter significantly affected by lower average realized prices in Russian rouble terms for most of the company’s liquid hydrocarbon products as well as the decrease in liquid hydrocarbons sales volumes.Novatek’s natural gas sales volumes totaled 14.4 billion cubic meters (bcm) in the second quarter of 2017, increasing 2.3 percent over the corresponding period last year, due to the increased demand for natural gas from end-customers.As at the end of the first half 2017, the total amount of natural gas recorded as inventory totaled 0.6 bcm compared to 1.7 bcm as at the end of the first half 2016.1 RUB = 0.0167137 USDlast_img read more

Pipeline blockage closes down Erskine production

first_imgChevron-operated Erskine field in the UK North Sea is currently unable to produce due to an issue with a pipeline.The Erskine Field lies approximately 150 miles (241 km) east of Aberdeen, in water depths of about 296 feet (90 m). It is operated by Chevron (50 percent) with Chrysaor (32 percent) and Serica Energy (18 percent) holding non-operated interests in the field.Serica Energy informed on Monday that during routine pipeline cleaning operations of the Lomond to Everest condensate export pipeline, a blockage occurred in the pipeline.The cause is currently being investigated and, during this period, the Erskine field will be unable to produce, Serica added in a brief statement on Monday.Discovered in 1981 in Block 23/26, Erskine is a gas condensate field. It was the first high-pressure, high-temperature field to be developed in the U.K. Continental Shelf. First production was achieved in November 1997.The field includes a normally unattended installation and is remotely controlled from Chrysaor’s Lomond platform. An 18.6 mile (30 km) pipeline links the two facilities.Processing takes place in a dedicated module on the Lomond platform. Gas and condensate are exported separately to Chrysaor’s North Everest platforms before gas is finally exported via the Central Area Transmission System and condensate is exported through the Forties Pipeline System.To remind, it has been less that a month since Erskine restarted production following a controlled shutdown in December due to a hairline crack at the onshore section of the Ineos-operated Forties pipeline.Offshore Energy Today Stafflast_img read more

Ali Campbell scheduled to perform tonight at WCMF

first_imgAli Campbell. Image via: solarnavigator.netLegendary Ali Campbell of the UB40 band will take the stage this evening when the fifteenth edition of the World Creole Music Festival gets underway at 8pm at the Windsor Park Sports Stadium in Roseau.Ali Campbell whose birth name is Alistair Ian Campbell is a solo artist, songwriter and was the lead singer of the UB40. UB40 is a British reggae band who according to Wikipedia is a “British reggae band formed in 1978 in Birmingham. The band has placed more than 50 singles in the UK Singles Chart, and has also achieved considerable international success. One of the world’s best-selling music artists, UB40 has sold over 70 million records”.Executive Marketing Officer of the Dominica Festivals Commission Leroy “Waddicks” Charles says everything is in place for the show tonight.“Everything is working out well for tonight; we will have Kolobarst of Martinique who sings traditional music. After that we will be having Ali Campbel the legendary singer of UB40 who will sing several songs of the UB40 including “Red, red wine” and all the other songs which have made him popular. We have the New Generation Grammacks featuring Jeff Joseph; they will be there with us tonight as well as Karmonik for the first time in Dominica. This is a group which features the music of Haiti including the new generation Compas and WCK; the great creators of Bouyon music tonight,” he said.Charles also invites all visitors and the general public to come to celebrate with the Domincia Festivals Commission this evening.“We are inviting everyone to come to the festival, it is our fifteenth anniversary and we are inviting all the visitors who are on island to come to celebrate with us.Dominica Vibes News Share 1212 Views   no discussions EntertainmentLocalNewsWCMF 2011 Ali Campbell scheduled to perform tonight at WCMF by: – October 28, 2011 Tweetcenter_img Share Sharing is caring! Sharelast_img read more

Billy McCool

first_imgLawrenceburg’s Billy McCool passed away last month form heart failure at the age of 69 at his home in Florida.  Billy developed heart disease in his early 40’s and fought it the rest of his life.  Billy McCool pitched 3 no-hitters while still at Lawrenceburg High School in the early 60’s.  He was drafted right out of high school by the Cincinnati Reds and pitched for them until the expansion draft in 1969 when he was claimed by the newly formed San Diego Padres.  His last game was with them during the 1970 season when arm problems forced him to retire.McCool, a left-handed pitcher, was an early version of Aroldis Chapman.  In those days, no one heard of the radar gun, and it certainly didn’t appear on major league scoreboards.  However, if you ever saw Billy pitch you knew it was a 90+ mph fast ball that was hurled toward the plate.  Before his death, he was inducted into the Indiana Baseball Hall of Fame.Billy, his wife, and 3 children spent most of his non-baseball career living in Centerville, Ohio.  One of his boys didn’t think dad had anything left in his arm when he was tossing to him in the back yard.  Even though his major league career was over at this time, he threw one pitch to his son and almost took his glove off.  After that, the son knew that what others told him about his dad’s bullet arm was true.last_img read more