Rising renewable generation in Australia undercutting economics of coal-fired power plants

first_img FacebookTwitterLinkedInEmailPrint分享The Guardian:Coal power plants in New South Wales are running less than 60% of the time due to an influx of renewable energy, increasing the likelihood some could become economically unviable and close earlier than planned.An analysis by Hugh Saddler, an energy consultant and ANU honorary associate professor, also found coal generation in Queensland had dropped to less than 70% of capacity as more cheap solar and wind came online.Saddler said the resulting fall in revenue for coal plant owners, and the wear and tear involved in ramping up and down decades-old generators designed to be run constantly, increased the likelihood of breakdowns and early closures in the years ahead.AGL’s Liddell coal plant is scheduled to close by early 2023 after the company resisted a campaign by the Morrison government for it to extend its life. Saddler said the fall in demand for coal over the past two years suggested other plants that have yet to confirm closure plans could follow.He said coal could be running at 50% capacity in NSW by 2022 and 60% capacity in Queensland by 2025 on current trends.“Ageing coal power stations like Liddell will find it increasingly difficult to stay afloat if they are only being used half the time, and that is the direction we appear to be heading in NSW in the next two years,” Saddler said. “If there are extended breakdowns, as we had at Loy Yang A in Victoria last year, it may not be economic for owners to keep a plant going.”[Adam Morton]More: Influx of renewables sees coal power plants run well below capacity, increasing chance of closures Rising renewable generation in Australia undercutting economics of coal-fired power plantslast_img read more

Teach your kids to go for the gold with a financial decathlon challenge

first_img continue reading » Over the next couple weeks, I’ll be watching some of the Summer Olympics with my four-year-old son. I hope watching the games together will expose him to different sports and their rules, different cultures, and the thrill of competition.Bank of America Better Money Habits has some tips for getting kids engaged in another kind of challenge: teaching kids some practical life lessons including basic money management skills. Below, they’ve provided 10 financial exercises to teach kids about personal finance, helping them on the path to “financial gold.” 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrcenter_img Help set a savings goal: One of the best ways to teach your middle or high school student about saving is to put those concepts into practice by encouraging them to set a savings goal. With just a few simple steps, your middle or high schooler can be well on his or her way to accomplishing this goal and learning a skill that will be useful for years to come.last_img read more

Free WiFi Debuts at Robert Moses State Park Beaches

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A free public WiFi network recently launched at Robert Moses State Park, making it easier for visitors to access the Internet from the popular beach on the western tip of Fire Island.The network, titled Oh, Ranger! Wi-Fi™, has been installed—at no expense to taxpayers—at Fields 2, 3, 4 and 5 as a part of a partnership between Toyota Motors, the American Park Network and the New York State Office of Parks, Recreation and Historic Preservation, officials announced Tuesday.“Whether opting to use Wi-Fi to share real-time photos of friends and family exploring our parks, or accessing apps and maps, having access to this technology is another way to draw people to spend precious leisure time at our parks,” said Rose Harvey, the state parks commissioner.The announcement came about a year after the same WiFi network launched at Jones Beach State Park. Over the past year, the partnership has also installed Wi-Fi networks at Niagara Falls, Saratoga Spa and East River State Park.Officials are hopeful that the improved Internet availability will draw more patrons to the beach, as well as other state parks this summer.The Wi-Fi program has been expanded as part of Toyota’s “Let’s Go Places” program. Officials are hopeful that this program will not only enhance visitors’ experiences by improving Internet access at the beach, but encourage them to learn about upcoming events, promote volunteerism, and support state park-related groups.Gov. Andrew Cuomo said that he expects the initiative “will attract more visitors to the great outdoors—boosting tourism and growing the Long Island economy.”Even though signs announcing the new network were only installed within the past week, the network had already seen hundreds of users since it was activated on July 10. This past Sunday, more than 2,000 users were on the network, according to the state parks department.While officials acknowledge that some people may be annoyed by the distraction that Internet access at the beach may cause, they feel that most, particularly younger generations, will view the new service favorably.Visitors seeking to log on to the Wi-Fi select “Oh, Ranger! Wi-Fi™” under available Wi-Fi networks on their devices, and then accept the standard terms and conditions.Jones Beach is not the only oceanfront park on LI that has free WiFi. All Suffolk County parks, including Smith Point in Shirley and Cupsogue in Westhampton, also provide the free service. Babylon town beaches such as Gilgo, Cedar and Overlook beaches do the same.last_img read more

Brooklyn Festival to Highlight the Borough’s Best Food & Craft Beer

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Brooklyn is known for its overflowing craft beer scene as well as its outstanding restaurants and top chefs. On Saturday, January 28 you will have the opportunity to drink and eat your way through the Best of Brooklyn at one special event.The Best of Brooklyn Festival is taking place Saturday, January 28 indoors at Industry City from 12 p.m. to 8 p.m. with tickets starting at just $29. Plus Long Island Press readers are being offered a 15% discount on tickets by using the code LIPRESS at checkout. But act now—the offer expires on January 15 at 11:59 p.m.Over 30 restaurants and all of the best breweries in the borough will be serving up mouth-watering food and drinks. The ticketed event includes access to the food purveyors and unlimited tastings of craft beer from breweries including Brooklyn Brewery, Sixpoint, Coney Island Brewing, Braven, Greenpoint Beer & Ale and others.The festival will also include live music and guest DJs throughout the day. Plus, enjoy special exhibits from the Museum of Food & Drink and entertainment by Brooklyn Zoo!Tickets are available online at www.bestofbrooklynfestival.comBest of Brooklyn Food and Beer FestivalIndustry City220 26th St., Brooklyn, NY 11232Saturday, January 28th Noon – 8 p.m.www.bestofbrooklynfestival.comRelated: Long Island Craft Beer Guidelast_img read more

Basarnas conducts search and rescue operation for missing cargo ship off Bali

first_imgBali National Search and Rescue Agency (Basarnas) head Gede Armada said the last communication with the ship occurred on May 29 when the ship was sailing 6 nautical miles (NM) northeast of Gili Trawangan in Lombok.Read also: Cargo ship sailing in Maluku waters loses contact On May 30, Vessel Finder managed to locate the ship at 43 NM north of Kubu water, Karangasem, Bali.“The ship was estimated to arrive in Bima on June 2, but its last location was far from its original destination,” Darmada said as quoted by kompas.com on Thursday.Basarnas Bali also received a report that the ship was experiencing a generator issue. The agency is currently dispatching a search and rescue team to the ship’s last location. (dpk)Topics : A cargo ship with 21 crew members on board was reported missing in waters off Bali on Wednesday evening. The cargo ship, belonging to PT Odyssey Maritim Nusantara, departed from Semarang, Central Java on June 5. The ship did not arrive at Bima, West Nusa Tenggara on Tuesday as expected and could not be contacted.last_img read more

Mikel Arteta reveals Gabriel Martinelli’s best position at Arsenal

first_img Comment Mikel Arteta reveals Gabriel Martinelli’s best position at Arsenal Gabriel Martinelli has had limited playing time in 2020 (Picture: Getty)Arsenal boss Mikel Arteta insists Gabriel Martinelli’s future at the club will be in a centre forward position.The Brazilian has enjoyed a sensational debut campaign with the Gunners, scoring ten goals in 25 appearances in a red shirt.Martinelli has been one of the few bright lights in an otherwise forgettable campaign for the Gunners but supporters have been somewhat baffled by his omission in recent weeks, particularly from Premier League matches. Advertisement Metro Sport ReporterTuesday 10 Mar 2020 4:19 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link9.6kShares Advertisement Martinelli last featured in the league on February 2nd (Picture: Getty)Arteta insists that’s down to the fact that players are having to play out of position due to the imbalance in his squad but the Spaniard believes Martinelli will play centrally in the future.AdvertisementAdvertisementADVERTISEMENT[Aubameyang and Martinelli] are centre forwards but with the squad balance that we have at the moment, to play on those positions on the left we don’t have five players,’ said Arteta.‘We are using one left-winger to play as a left-back [Saka] and he is not a left-back so we’re just trying to adapt to the situation that we have today, trying to create an amount of goal threat that can be successful for the team. that’s part of managing the players that we have.’Arsenal are next in action on Wednesday when they take on Manchester City at the Etihad.It’s the first time Arteta will take on mentor Pep Guardiola since his exit from the club in December.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityCity’s title challenge has collapsed since Arteta’s departure but he insists the champions have been ‘unlucky’.‘Sometimes small details make the difference,’ said Arteta.‘ I think they’ve been very unlucky. This is football. It can happen. ‘We have to be at our best that’s for sure to have any chance of winning the game. ‘We are in two different processes and levels, we have to be at our best’.MORE: Andy Robertson says watching Manchester United beat Man City was a ‘nice feeling’last_img read more

UK rules out mandatory membership in investor fora

first_imgInstitutional investors should not be forced to join collective engagement bodies, such as the investor forum proposed by the Kay Review on long-term investing, as mandatory membership could damage any forum’s credibility, the UK government has said.The Department for Business, Innovation and Skills (BIS) questioned whether a revised draft of the Stewardship Code should include a proviso that investors must join a collective engagement body.“Existing investor bodies for collective engagement, and any new forum that is created, rely on a well-informed and highly motivated membership to operate effectively,” BIS noted in its response to a parliamentary committee report on the Kay Review.“We are therefore concerned such a provision would encourage investors to sign up to such fora simply to ‘tick the box’,” it added, “thereby potentially damaging the quality and credibility of the fora without improving the quality of the engagement.” The department voiced similar concerns when explaining why it did not agree with setting quotas for membership of the Stewardship Code, overseen by the Financial Reporting Council (FRC).“We worry about setting specific targets for levels of sign-up to the Code, which risks a tick-box mentality at the expense of genuine commitment to stewardship,” it said.The response added that signatories already covered most large asset managers, accounting for around 40% of the UK equity market.“With such a significant proportion already signed up to the Code, government action now needs to focus instead on ensuring lasting improvements to the behaviour of market participants,” it said.It also added that pension funds could still be subject to mandatory disclosure requirements, forcing them to publish “the nature of their commitment to the Stewardship Code on a ’comply or explain’ basis”.Christine Berry, head of policy and research at ShareAction welcomed the government’s plans for greater disclosure.“It’s welcome that the government is considering steps to enhance the disclosure framework for asset owners on stewardship issues,” she said.“Comply-or-explain relies on scrutiny from below: just as we expect companies to be transparent to their shareholders and asset managers to asset owners, so pension funds should be expected to account to savers for their stewardship activities.”The response from BIS continued: “However, it is equally important asset owners such as pension schemes develop their understanding of stewardship and their capacity to effectively integrate it into their process for allocating investment mandates to asset managers.”BIS also suggested that the preparation of a Statement of Investment Principles could be better aligned with the existing Stewardship Code.,WebsitesWe are not responsible for the content of external sitesLink to UK government response to committee report on Kay Reviewlast_img read more

More Super Nationals pit stalls get RESERVED designation

first_imgBOONE, Iowa – Another 46 pit stalls have been designated as reserved for the Sept. 5-10 IMCA Speedway Motors Super Nationals fueled by Casey’s.Stalls in Section JJ (along the fence in the north field, next to Manufacturers’ Row) and Section II (in the south pit area) are all on grass, 12 feet wide and 100 feet long.“We have reserved areas where the longer haulers absolutely need to be in,” IMCA President Brett Root said. “We have reconfigured the south pit area in order to accommodate the longer haulers and will do our best to keep them out of the roadways during the event.”Stalls in Section HH (north of turn 3) are 60 feet long, also grass and also newly designated as reserved, meaning all stalls in the main pit area will be reserved.The new pit overflow area near the cell tower area has been designated for divisions with one-day programs … the Southern SportMods on Monday, Sport Compacts on Tuesday and Deery Brothers Summer Series Late Models on Thursday.“Both pre-entry and pit stall application forms are on the IMCA and Boone Speedway websites,” noted Root. “I encourage drivers planning to compete at Super Nationals to complete both if they hope to get reserved pit parking as soon as possible. We are not accepting reserved pit parking reservations from any drivers who are not pre-entered as well.”Questions about pit parking should be directed to Pit Parking Coordinator Belinda Davis at 515 689-3027 or the IMCA home office at 319 472-2201.last_img read more

Ebi: We’re Motivated to Fly Past Cameroon

first_imgThe Falcons arrived Accra on Sunday and trained at the Priesec School in Legon, ahead of the official training at the Accra Sports Stadium on Monday evening.Reigning African Woman Player of the Year, Asisat Oshoala, added: “Our captain has said it all. We are here and we are very happy because our welfare is being attended to. We have received from the NFF the things we have asked for, and we believe they are ready to do even more if we also do more.“Losing to South Africa in our first match is a big lesson we have taken to heart, but we have put it at the back of our minds having learnt from it. Any team can lose if it doesn’t give its all, or fails to come to the party.“On Tuesday, we will come to the party strong and focused and we will do the needful.”A 4-0 win over Zambia in Cape Coast on Wednesday zoomed the Falcons back into contention following an opening-day 0-1 loss to the Banyana Banyana of South Africa, and the 6-0 mauling of Equatorial Guinea on Saturday sent the Nigerians into another semi final stage – a stage they have never failed to reach at the Women Africa Cup of Nations.The winner of today’s battle will earn an automatic ticket to next year’s FIFA Women’s World Cup finals in France, with the loser having another opportunity as the third placed team will also get a ticket.The loser will take on the loser of the second semi final between South Africa and Mali (also on Tuesday evening, in Cape Coast) to determine who bags the third ticket to France.The kickoff is 3.30pm Ghana time and 4.30pm Nigeria time.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Captain Onome Ebi has declared that the Super Falcons are in the right frame of mind to give their all and subdue Cameroon’s Lionesses in today’s Women AFCON semi final battle in Accra.“We are in very high spirit. The entire team is well motivated. Our immense gratitude goes to our father, the President of Nigeria, President Muhammadu Buhari, as well as the NFF led by its President, Mr. Amaju Pinnick. The government has done well to put us in good frame of mind and the NFF has done their own part. It is now for us to repay the good gestures.“We know that if we continue to win, it means more money in our pockets. And surely, we want to win more and make more money. The Cameroonians cannot stop us from the World Cup or from retaining our Cup. The Cup is ours.”last_img read more

Title number 17 for Commercials

first_imgPhoto © Tipp FM Two second half goals proved decisive for Clonmel Commercials, as they overcame Killenaule to claim their 17th County Senior Football title at Semple Stadium last evening.Richie Gunne scored the first, 23 minutes into the second half for Commercials proved to be the decisive score, pushing them four points ahead.Then a goal for corner back Jamie Peters in the last minute of normal time put some real daylight between the sides. The game finished up 2-09 to 8 points.Peters says they’re delighted win the win.last_img read more