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Former FERC Chief Jon Wellinghoff Speaks Out on Grid Security and Distributed Generation

In a previous article, I had a conversation with former-CIA chief Jim Woolsey to discuss one of America’s greatest national security vulnerabilities, its power grid. The issues that Woolsey has been concerned with for over a decade has been the ease in which a terrorist group or other actor (think North Korea for example) could attack the grid and plunge the country into darkness for months, if not years. And if that seems far-fetched, just recall how a tree limb fell in Ohio in 2003 and blacked out the entire Northeast and part of Canada for several days.





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Renewables Account for 75 Percent of New US Generating Capacity in First Quarter of 2015

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects, wind, solar, geothermal, and hydropower combined provided over 75 percent (75.43 percent) of the 1,229 megawatts (MW) of new U.S. electrical generating capacity placed into service during the first quarter of 2015. The balance (302 MW) was provided by natural gas.





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Mid-Year Celebrations: Fireworks, A World Cup, And Clean Energy Momentum

This month alone, we Americans celebrated our nation’s birthday, capped off perfectly by the USA women’s soccer team’s sensational 5-2 victory in the World Cup final. As we hit the halfway point of 2015, the clean-energy industry also has much to celebrate, much of it in the month of June alone and much of it financial.




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Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.




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Chile will increase small hydropower generation with 3-MW Los Pinos hydropower plant

Chile's Schwager Energy and China-based Shenyang Yuanda Commercial & Investment Co. signed a memorandum of understanding on Nov. 3 to build the 3-MW Los Pinos run-of-the-river hydroelectric plant in southern Chile's Lagos region, according to BN Americas.
 




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Renewable Energy Mid-Year Report: 10% US Energy Consumption, 14% Net Electrical Generation

According to the most recent issue of the "Monthly Energy Review" by the U.S. Energy Information Administration (EIA), with data through June 30, 2013, renewable energy sources (i.e., biofuels, biomass, hydropower, geothermal, solar, and wind) provided 9.81 percent of U.S. energy consumption and 11.82 percent of domestic energy production for the first half of 2013.




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Big Corporations Embracing Microgrids: A Threat for Utilities?

Oracle Corp. Chief Executive Officer Larry Ellison plans to build one to power the Hawaiian island he bought last year. EBay Inc. has one to run a data center. The University of California at San Diego and the federal government have invested tens of millions of dollars in the technology.




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Record Renewable Energy Transfers Illustrate Investors' Appetites, Utilities' Pain

Wind farms and solar parks are changing hands at record rates, signaling both an increased taste for the assets among pension funds and hard times for utilities that are the biggest sellers.




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FERC: Almost All New US Electricity Generation Coming from Solar

The U.S. brought online nearly 700 MW of new electricity generation in October, and practically all of it was large-scale solar energy, according to data from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects.




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Renewable Energy Provides 100% of All New US Electrical Generating Capacity in November 2013

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's Office of Energy Projects, solar, biomass, wind, geothermal, and hydropower "units" provided 394 MW — or 100 percent — of all new electrical generation placed in-service in November 2013. There was no new capacity during the month from natural gas, coal, oil, or nuclear power. Renewable energy sources also provided 99 percent of all new electrical generating capacity in October.




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Iceland, Japan Can Cooperate to Boost Geothermal, Minister Says

Iceland and Japan, two nations rich with underground sources of renewable energy, can tackle climate change together by promoting the use of geothermal power, Iceland’s environment minister said.




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UK Renewable Electricity Generation Rose 28 Percent in 2013

U.K. renewable power generation rose 28 percent last year as more wind farms and solar plants came online, the Department of Energy and Climate Change said.




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Unique study of net evaporation at a hydroelectric facility in Canada

A first-of-its-kind study of net evaporation at a hydroelectric facility reveals that the project has very little effect on the loss of water to the atmosphere as compared with pre-impoundment conditions.




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EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine

The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.




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‘Snail’s Pace’ in Climate Talks, Weak Pledges Frustrate UN Chief

The secretary general of the United Nations is frustrated with the pace of negotiations for what’s intended to be a crucial agreement limiting global warming.

Climate change pledges submitted so far from the world’s leading economies won’t be enough to keep the planet from warming dangerously, UN Secretary General Ban Ki-moon said Monday in New York.

Proposals to reduce heat-trapping emissions need to be “a floor, not a ceiling,” he said.

The global increase in temperatures will exceed 2 degrees Celsius (3.6 degrees Fahrenheit) under the national pledges already submitted to UN, Ban said. That’s the goal scientists and the UN have set to avoid the worst effects due to global warming.

The proposals submitted to date “will not be enough to place us on a 2-degree pathway,” Ban said.

Without any changes to global emissions, the world is on track to warm by 4 degrees Celsius or more, UN Assistant Secretary-General for Climate Change Janos Pasztor said earlier this month.

World leaders have five months to go before a meeting of almost 200 nations in Paris that’s intended to seal a new global pact to cut planet-warming carbon emissions. If successful, the agreement would be the first ever to require both developed nations like the US and growing economies like China to address climate change.

“The pace of UN negotiations are far too slow,” Ban said. “It’s like a snail’s pace.”

The U.S., the world’s biggest historic source of greenhouse gases, pledged earlier this year to cut its emissions by as much as 28 percent by 2025. The European Union has promised a 40 percent cut by 2030. Several other major economies, including Australia and Japan, have yet to submit climate plans to the UN.




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Major US Corporations Pledge To Increase Renewable Energy Usage, Decrease Carbon Footprint

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.




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British reconstruction team ends operations in Helmand

Thursday is the final working day for a British provincial reconstruction team in the Afghan province of Helmand, British Foreign Secretary William Hague said.




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UGI Corporation (UGI) CEO John Walsh on Q2 2020 Results - Earnings Call Transcript




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Licence to occupy during administration upheld

The court in Innovate Logistics Ltd (in administration) v Sunberry Properties Ltd had to balance a landlord's wish to eject an unauthorised occupier against administrators' rights to deal with the company's assets during the administration. The ten...




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Past is Prologue: The Future of US and UK Arbitration

Much has been said and written about the UK public’s decision in June 2016 to leave the European Union and the November 2016 election of President Donald Trump. It seems obvious that these momentous events will have profound socio-economic con...




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30% growth in financial operations for the largest digital wallet in the Middle East

May 10, 2020 30% growth in financial operations for the largest digital wallet in the Middle East stcpay achieved remarkable growth in financial operations during the first quarter of 2020, paralleling what the company achieved throughout the entirety of 2019. Company data for the largest digital wallet in the Middle East showed 30% growth in financial operations via stcpay over the past few months. The CEO...




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Orlando Pirates loanee Mokwena 'doesn't care about who pays him'

The former Buccaneers assistant coach feels that his boss at the Chilli Boys doesn’t get the credit he deserves for the financial support he provides ......




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Cellcom Israel Announces Preparation For Debt Offering In Israel - Update

NETANYA, Israel, May 10, 2020/PRNewswire/ -- Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (the 'Company') announced today that following the Company's previously announced potential debt offering in Israel, the Company is in preparations to raise up to NIS 200,000,000in debentures and options to purchase ordinary shares of the Company, and subject to the completion of the contemplated offering, the Company has accepted early commitments from institutional investors for the purchase of an aggregate of 222,000 units, each comprised of 1,000 debentures Series L and 10 options Series 4, for NIS 906per unit out of orders for approximately 560 thousand units received in the institutional tender. In...




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Immigration Update - Changes to UK Visa Applications from the USA

From Wednesday 26 March 2014 WorldBridge will no longer be providing visa services for applicants applying for a UK visa from the US. The visa processing service, which until how has been provided by WorldBridge, will be provided by VFS Global from ...




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E-briefing - New China franchise regulations: replacement of approvals by registration?

Introduction The long-awaited regulations on the Administration of Commercial Franchise Operations (the 'New Regulations') were promulgated by the State Council of the PRC on 6 February 2007, and will take effect on 1 May 2007. They apply equally t...




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Pandemic: Solidarity and Cooperation Most Potent Weapon

A goodwill Ambassador of Nigeria to China indeed, Mr. Echar Christopher Sunday. I am touched and moved by his story as China Daily reports on May 6. Echar, 43, who has been living in Guangdong province as a businessman for a decade, applied to become a volunteer in March, after local authorities called on residents, […]

The post Pandemic: Solidarity and Cooperation Most Potent Weapon appeared first on Nigerian Pilot News.




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Accelerate Diagnostics, Inc. (AXDX) CEO Jack Phillips on Q1 2020 Results - Earnings Call Transcript




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Glaukos Corporation (GKOS) Tom Burns on Q1 2020 Results - Earnings Call Transcript





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Kemper Corporation (KMPR) CEO Joe Lacher on Q1 2020 Results - Earnings Call Transcript




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Taylor Morrison Home Corporation's (TMHC) CEO Sheryl Palmer on Q1 2020 Results - Earnings Call Transcript




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Oaktree Strategic Income Corporation (OCSI) CEO Armen Panossian on Q2 2020 Results - Earnings Call Transcript




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A Comparative Approach of the Tax and Social Burden in European Football

Globalisation affects and impacts the football industry as a whole, just like any other economic sector. The professional football clubs across Europe have to factor in and deal with various issues to attract the best players to compete in the Europ...




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Malta rattles EU with Irini withdrawal, Macron and Merkel schedule calls

Malta withdrawal from Operation Irini signals support for Turkish-Libyan corridor, unsettling EU leaders




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Nigeria: Sokoto Inaugurates 3000 Volunteers to Fight COVID-19

[This Day] Sokoto -Sokoto State Governor, Alhaji Aminu Tambuwal yesterday inaugurated over 3000 health worker volunteers comprising medical doctors, nurses, medical laboratory scientists, pharmacists and environmental health workers to fight against the spread of coronavirus.




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Nigeria: Fortify and the Wellbeing Foundation Africa Announce Strategic Partnership to Reduce Iron Deficiency and Improve Maternal Survival in West Africa

[Wellbeing Foundation] CHICAGO, Illinois and LAGOS, NIGERIA -Partnership combines private sector ingenuity with local know-how and leadership to save the lives of millions of women and children suffering from iron deficiency




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The US administration's effective peace work in Israel


The moving of the embassy not only put an end to a historic travesty but also made clear to the world something everyone anyhow already knew – Jerusalem is not for sale.





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Iran praises Palestinian PFLP for commemorating Soleimani on Quds Day


Recent praise and PFLP work with Tehran in Lebanon may point to increased Iranian support for the group.




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US-China tensions in South China Sea fuelled by increase in military operations

The United States has ramped up its military operations in waters close to China this year as the risk of confrontation between the two nations continues to grow.So far this year, aircraft from the US armed forces have conducted 39 flights over the South China Sea, East China Sea, Yellow Sea and the Taiwan Strait – more than three times the number carried out in the equivalent period of 2019.Two of the flights passed closed to Hong Kong, a rare move that indicated their proximity to mainland…




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Hong Kong swelters on Mother’s Day as temperature hits half-century high

Hong Kong is sweltering on its hottest Mother’s Day in more than half a century, with the mercury hitting 36 degrees Celsius in some areas and triggering this year’s first “very hot weather warning”.The Observatory in Tsim Sha Tsui issued the warning at 1.15pm on Sunday after the temperature there hit 32.2 degrees.At Tai Mei Tuk in Tai Po, the temperature hit 36.1 degrees. Yuen Long Park in Yuen Long also recorded 35.1 degrees, and Sheung Shui 35 degrees.It is the hottest Mother’s Day since…




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Justice for Mah-hi-vist Goodblanket: Frustration lingers in Oklahoma

Family of Native American man want answers after fatal confrontation with local law enforcement




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Do different generations of immigrants think differently?

A new study of London's Bangladeshi community finds that cultural assimilation changes how people engage with the world




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Inaccurate sentencing condemns prisoners to serve longer than is lawful

Byzantine penal codes make sentencing an esoteric science and leave inmates with little recourse




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In Rwanda, female ex-combatants face reintegration challenge

At Mutobo camp, former fighters spend three months being rehabiliated after returning from the DRC




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Nevada governor says he doesn't want Supreme Court consideration

Republican Brian Sandoval, reportedly under consideration by Obama for the nation's top court, says he's not interested




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A long road to reintegration for Rwandan ex-combatants

Despite programs aimed at helping former fighters recover and rebuild, many struggle to find their place in society