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Picture Special: Air Cargo Africa 2017

first_imgBy Alex Lennane 10/03/2017 You can watch a time lapse video of the exhibition being assembled here…last_img

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Fidelity launches new U.S. equity fund

Share this article and your comments with peers on social media Toronto-based Fidelity Investments Canada ULC Wednesday announced the launch of Fidelity U.S. All Cap Fund, a new mutual fund for Canadian investors seeking U.S. investment exposure. The fund is also being launched in a corporate class version. Facebook LinkedIn Twitter Wealthsimple launches Sharia-compliant ETF BMO to launch six new mutual funds Related news Managed by John Roth, a top performing Fidelity U.S. equity portfolio manager, Fidelity U.S. All Cap Fund targets investment opportunities across all market capitalization ranges and investment styles to find the best opportunities for investors. Roth has had a strong track record of managing funds for U.S. investors and employs a bottom-up, fundamental approach to stock selection, utilizing Fidelity’s long-term investing process and teams of research analysts. “The massive size of the equity market in the U.S. can make it extremely difficult for many investors to uncover the full range of opportunities that are available,” said Rob Strickland, president, Fidelity I Canada, in a release. “Having an experienced manager like John Roth could make this an attractive holding for investors seeking more U.S. exposure,” Strickland said. Fidelity U.S. All Cap Fund joins Fidelity’s line-up of funds focused on U.S. investing, including the popular Fidelity Small Cap America Fund, Fidelity U.S. Dividend Fund, Fidelity U.S. Monthly Income Fund and Fidelity Growth America Fund. Fidelity Growth America gets new name, new manager Effective February 1, 2013, Fidelity Growth America Fund will be renamed Fidelity U.S. Focused Stock Fund to reflect corresponding changes to the fund’s portfolio manager and investment strategies. The renamed fund will be managed by Steve DuFour, another top-performing Fidelity U.S. equity portfolio manager. The fund will be managed in a concentrated manner that employs a high-conviction approach to fundamental research and stock selection to seek to achieve long-term capital grow Fidelity Investments unveils new climate-focused fund suite IE Staff Keywords Fund managers,  Fund launchesCompanies Fidelity Investments Canada ULC read more

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U.K. regulations caused advisor exodus and advice gap

first_img Session ID: 2021-06-13:fe2920b4d9ce779161e8ef16 Player Element ID: vjs_video_3 OK Close Modal DialogBeginning 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.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Bhupinder Anand Facebook LinkedIn Twitter Share this article and your comments with peers on social media Video Player is loading.Play VideoPlayMuteCurrent Time 0:00/Duration 2:45Loaded: 0.00%0:00Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -2:45 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window. This video is either unavailable or not supported in this browser Error Code: MEDIA_ERR_SRC_NOT_SUPPORTED Technical details : The media could not be loaded, either because the server or network failed or because the format is not supported.last_img read more

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ANZAC Day Parade to proceed

first_imgANZAC Day Parade to proceed Guy Barnett,Minister for Veterans’ AffairsI am extremely pleased to hear that Hobart’s ANZAC Day parade will proceed this year.ANZAC Day is one of our nation’s most significant commemorative days and an opportunity to honour the courage and sacrifice of our servicemen and women.This year will mark the 106th anniversary of the Gallipoli campaign and the birth of the ANZAC spirit of mateship, bravery and sacrifice.While the format of this year’s events will be different to that of previous years, I am confident that Tasmanian veterans, their families and the broader community will appreciate the opportunity to take part in our treasured ANZAC Day traditions.Our Government will continue to work with RSL Tasmania and their sub-branches as they arrange commemorative events this ANZAC Day.I thank them for their efforts in honouring our ANZAC heritage. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:anniversary, ANZAC, AusPol, Australia, campaign, community, Gallipoli, Government, Hobart, Minister, RSL, TAS, Tasmania, Tassie, veteranslast_img read more

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Governor’s office responds to Clark County questions on CARES Act funding

first_imgGovernor’s office responds to Clark County questions on CARES Act fundingPosted by Chris BrownDate: Wednesday, June 17, 2020in: Newsshare 0 The county says the state is withholding money meant for local governments throughout the stateCLARK COUNTY — The office of Gov. Jay Inslee says Clark County’s assertion that the state is withholding CARES Act funding meant for local governments is false.Last week, the full County Council sent letters to Inslee, along with state and federal lawmakers, urging them to seek clarity from the Office of Financial Management (OFM), which is responsible for doling out the stimulus funding sent to states.The Clark County Public Service Center in downtown Vancouver. File photoThe Clark County Public Service Center in downtown Vancouver. File photoThat letter points out that Spokane County, with a population of 523,000, received $91.2 million. Clark County, with 488,000 residents, only received $26.8 million.Mike Faust, deputy director of communications for Gov. Inslee’s office, says disbursements to counties or cities with more than 500,000 people were made directly by the U.S. Department of Treasury (DOT).“That same formula provided nothing to Clark County because the federal legislation did not allocate funds to any local governments with populations under 500,000,” wrote Faust in an email to Clark County Today.“Clark County received a distribution from the state out of the state’s share of CARES money, which the state used to take care of local governments that got nothing under the bill,” Faust added. “Our allocations were equitably distributed across counties based on their population.”But the county argued in their letter that the DOT guidelines were that states should “transfer funds to local governments with populations of 500,000 or less, using as a benchmark the per capita allocation formula that governs payments to larger local governments.”“This has not happened in Washington state,” said the county council members in their letter.The $2 trillion CARES Act provided $150 billion directly to states, depending on population, with no state receiving less than $1.25 billion. Washington state received nearly $3 billion as part of that relief package, with $800 million of that paid directly to King County, Pierce County, Snohomish County, Spokane County, and the city of Seattle.The U.S. Treasury guidelines stipulated that states should take 45 percent of the remaining distribution — in this case $2.2 billion — and allocate that for local governments not receiving direct payment from the DOT.Under that formula, Washington state would have distributed $990 million to local governments. In reality, the state paid out just under $300 million, of which Clark County received the largest share.“There is a fair amount of frustration, not just in Clark County, but with other cities and counties across the state,” said John Wiess, a lobbyist with Gordon Thomas Honeywell Governmental Affairs, which represents Clark County, in addition to the city of Battle Ground. “The double-edged sword there is that the state has put a self-imposed requirement that those dollars be spent by the end of October.”The county is also pushing to see the money released to local governments to use as they see fit. Currently, it is available only by request to cover COVID-19-related expenses. Local governments argue that many expenses likely won’t be clear by the end of October, leaving them to pick up the tab from already-depleted budgets.While Clark County Finance Director Mark Gassaway said Monday that he has not yet received a direct response from the governor’s office, he had been made aware of the remarks made to media outlets reporting on the story.In an email to the council members obtained by Clark County Today, Gassaway said he was “dismayed” by the governor’s response.“It is also clear from the County’s communications with the Washington State Department of Financial Management that they know what the DOT guidance says and have willfully chosen not to follow it and ignore the intent of the legislation,” Gassaway wrote. “They refer to the DOT guidance as ‘nearly guidance’ justifying their decision not to fully allocate funding to local jurisdictions since DOT used the word ‘should’ not ‘shall.’”Gassaway added that his conversation with the DOT Inspector General led him to believe the agency was concerned with the situation, and planned to issue updated guidance within the next few weeks.Wiess noted that the state’s congressional delegation was also interested in the situation, and could look to address it through a new bill in the senate, aimed to clarify how states should allocate funding from the federal government.Clark County Today has reached out to the governor’s office for clarification on their formula used to distribute local CARES Act monies, and will update this story with any response we receive.AdvertisementThis is placeholder textTags:Clark CountyLatestVancouvershare 0 Previous : Clark County’s not-so-secret weapon in the war on coronavirus Next : Where are they now? Dr. Sarah Harvey (Click), Skyview Class of 2007AdvertisementThis is placeholder textlast_img read more

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Picayune Cellars Unveils New Mercantile and Tasting Room in Calistoga

first_img Share Home Industry News Releases Picayune Cellars Unveils New Mercantile and Tasting Room in CalistogaIndustry News ReleasesWine BusinessPicayune Cellars Unveils New Mercantile and Tasting Room in CalistogaBy Press Release – July 25, 2019 215 0 ReddIt Twitter Pinterest Previous articleDistinguished Vineyard & Wine Partners Appoint Kate McManus Vice President of MarketingNext articleAfternoon Brief, July 25 Press Release Facebook Email Linkedin AdvertisementLocated on Calistoga’s main street, Picayune’s spacious new home includes abundant space for the expanded Mercantile store, along with inviting indoor and outdoor seating areas for wine tasting.CALISTOGA, Calif. – July 25, 2019 – Picayune {pee-ka-ˈyün} Cellars is excited to announce that the Picayune Cellars & Mercantile has moved to a beautiful new location, conveniently situated at 1329 Lincoln Avenue, Suite B, in downtown Calistoga. With an open and elegant interior designed by Picayune’s founder and winemaker, Claire Weinkauf, the new Picayune Cellars & Mercantile includes an inviting tasting room for sharing Picayune’s acclaimed wines, and a mercantile store featuring a selection of artisan products from around the world. Picayune Cellars & Mercantile is open every day from 11 a.m. to 6 p.m. (7 p.m. on Saturday), and guests are welcome at the new tasting room for both by-appointment and drop-in wine tastings.Picayune Cellars (photo by Robb McDonough)In addition to offering an inviting tasting bar in the Mercantile’s comfortable seating area, the new location features two charming outdoor patios where guests may experience Picayune’s wines. The current Picayune lineup includes the 2016 Rive Gauche Napa Valley Red, 2016 Padlock Red, 2015 Sonoma Coast Pinot Noir, 2018 Sauvignon Blanc (Napa Valley and Sonoma County), 2018 Russian River Valley Albariño and 2018 Mendocino County Rosé.Within the Mercantile store, French-born Weinkauf has gathered a curated selection of artisan products, with an emphasis on small, family-run, or woman-operated businesses (like Picayune) in France and the United States. Select items include leather purses, Jacquard-woven kitchen towels, award-winning French knives, handcrafted jewelry, Native American blankets, and other gift items. The Mercantile also features works by contemporary visual artists and painters. The current art offerings include woodblock prints from acclaimed Austin-based artist Daryl Howard. In addition, the new Mercantile and Tasting Room hosts live music every Friday, along with monthly trunk shows. (Visit picayunecellars.com for the Mercantile’s upcoming schedule.)“I have always believed that great wine is enhanced by music, food, art, and the surroundings in which it is experienced,” says Weinkauf. “With our stylish new location, we’ve created a space that’s intimate, eclectic and enticing to the senses. It’s a reflection of the things that I love. It is also a bit of a hidden gem that guests can discover as they savor our wines.”ABOUT PICAYUNEFounded in 2011 by Claire Weinkauf, Picayune Cellars is a négociant-style winery dedicated to making wines of outstanding quality that are also exceptional values. Building on her relationships with some of wine country’s most respected winegrowers and winemakers, Claire sources small lots of wine and grapes from Napa Valley, Sonoma County and Mendocino County for Picayune. The key on the Picayune label represents the idea of “Unlocking Secret Wines from California.” To learn more, visit www.picayunecellars.com.Advertisement TAGSConsumerPicayune Cellars last_img read more

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News / Lufthansa Cargo launches products to boost general freight as earnings suffer 40% slump

first_img By Alex Lennane 21/03/2016 Lufthansa Cargo is set to add new products to its portfolio to boost its standard freight segment. The strike-hit carrier, which last week announced that earnings had fallen 40% in 2015, said it also needed to restore its reputation as a premium, and therefore reliable, brand.The carrier saw total revenues fall 3.3% to €2.3bn, while earnings were €73.5m. The strikes lost the carrier €13m in direct costs, but the actual cost was expected to be much higher, as forwarders were thought to have taken volumes to rivals, fearful of lack of reliability.“Strikes are an inconvenience for our customers,” said Martin Schmitt, CFO. “It hurts us as our brand is a reliable carrier and we have to work hard to regain this reputation. Premium means being on time.”He was unable to put a cost on the impact – and Lufthansa’s management could give no guarantees for a strike-free year in 2016. “Negotiations are still going on,” said Dr Schmitt.While Lufthansa Cargo’s yields remained higher than the market average, and the carrier saw growth in volumes for all its products, it also saw declines in standard freight, which it plans to address.It is launching two products this year. MyAirCargo is a service for individuals who want to ship personal items. Lufthansa will partner with forwarders to offer a door-to-door service. The product is currently under trial with staff, and will be marketed to Lufthansa passengers in the summer.The product could be a good fit for filling the bellies from passenger-focused destinations. Lufthansa Cargo has been tasked with selling the long haul belly space of Eurowings – which flies to leisure destinations such as the Caribbean and Thai islands, from Cologne.While the carrier is remaining tight-lipped about a second new product, to be launched in the middle of the year, it indicated that it could be an economic general cargo option.“Maybe we neglected a part of out product portfolio,” said CEO Peter Gerber. “So there will be a product that’s ‘under’ our standard product.”The carrier will continue to try to remove costs under its Cargo 2020 plan which will see it reduce annual costs by €40m by 2018. But the market remains a concern.“I am not positive about the current market situation,” said Mr Gerber. “And it’s getting more difficult. 2015 was a very challenging year, a rollercoaster.”Noting that the growth in capacity across the industry was 6% last year, while demand growth was just 2.5%, Mr Gerber said the carrier was strengthening its position on the north Atlantic through its proposed joint venture with United, while its JV with ANA would be fully IT compatible this year.The carrier has parked two MD-11Fs in the desert, and said it would hold off on a decision to order new 777Fs, which it has five options on, until it saw fuel prices rise and the remaining MD-11Fs became less cost-effective. Mr Gerber said the 777s were very efficient. “We plan to shift more to the eastern part of the world as it has more advantages in productivity.”While the carrier’s new cargo centre, LCCneo, has been delayed in a bid to save costs, Lufthansa will continuously modernise its existing cargo centre in the meantime. It is also implementing its new IT systems which will boost efficiencies, it said.The airline group as a whole saw a 55% rise in underlying earnings to €1.8bn, boosted by lower oil prices. But analysts expressed concern about strategy.In what was billed as a “very poor call” by one financial analyst, as Lufthansa’s senior management talked through the results in an earnings call, he added that all profit gains appeared to be from fuel, and questions on further strikes were avoided. With a poor track record on productivity, and overcapacity in the market, the analyst said “an unconvincing strategy remains”. © Typhoonskilast_img read more

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Can You Make It? With RedBull Throughout Europe

first_img 2 thoughts on “Can You Make It? With RedBull Throughout Europe” Tweet Expedition through Adventure, Mountains, Adrenaline…and more… on December 19, 2015 at 5:19 pm By Leslie says: ← UN Summer School in NY: Petar Jankuloski Shares the Experience! February 27, 2014 Published by tatjana LinkedIn 0 Similar Stories By Niamh says: Pocket Reddit Hi my loved one! I wish to say that thispost is amazing, nice written and include approximately all important infos.I would like to peer more posts like this . Log in to Reply +1 WIN a 10-day Photography Assignment to Japan! Summer School in Anthropology and Ethnography of the Balkans, Greece → Log in to Reply Deadline: 12 March 2014Open to: current university students over the age of 18Prize: lifetime journey through EuropeDescriptionRed Bull Can You Make It? is an epic journey where 100 teams have seven days to travel across Europe using only cans of Red Bull as currency. Teams will visit checkpoints, share photos and videos, and rally support from followers back home. It’s a journey of wits and strategy that leaves one question: Can you make it?Starting points are located in London, Paris, Milan and Vienna. Each team will receive a Welcome kit, a Moto G mobile phone, a sealed envelope with emergency funds (just in case) and a case of 24 cans of Red Bull. All teams will leave from the Starting point at the same time on 4 April 2014 and have one week to make it to the Finish Line in Berlin by 5:00pm on 11 April 2014.Each team begins the journey with one case of Red Bull – 24 cans. Teams must rely on their bartering skills to trade cans of Red Bull for everything they need on the journey – food, a place to sleep, transportation and other adventures along the way.Thirty checkpoints are located in different cities throughout Europe. At the checkpoints the teams will be tasked with a fun challenge. If a team successfully completes a Checkpoint Challenge, there are rewarded with more cans of Red Bull for the journey.Teams that complete the journey by 5:00pm on 11 April will be greeted with a party of a lifetime – Red Bull style. But the real reward is the memories and experiences along once-in-a-lifetime journey with friends.EligibilityIf you are a current university student over the age of 18, gather your team of three and create a video explaining why your team should be chosen to compete. They are looking for teams that are adventurous, have an up-for-anything attitude, and can rely on charm, wit and quick-thinking abilities when faced with a challenge.The competition is open for the residents of: Spain, France, Belgium, Czech Republic, Greece, Portugal, the UK, Denmark, Slovakia, Austria, Germany, Switzerland, Finland, Norway, Hungary, Sweden, Slovenia, Italy, the U.S., Canada, New Zealand, Japan, Hong Kong, Turkey, Ukraine, Philippines, South Korea.PrizeThe prize for the 100 teams, beside the opportunity to take part in the Main Event, will be transport from and to each member’s place of residence to their designated starting point on April 3, 2014, as well as accommodation and food for the evenings from April 3 to April 4, 2014 at the designated starting point and from April 11 to April 12, 2014 in Berlin.The overall winner will win two way transportation from each member’s place of residence to any Red Bull Event of their choosing around the world in 2014 or 2015. This also includes accommodation for two nights at the destination.ApplicationApply online HERE by 12 March 2014.For more information visit the official website HERE. Can You Make It? With RedBull Throughout Europe World Nomads Travel Film Scholarships 2018 Leave a Reply Cancel ReplyYou must be logged in to post a comment. on October 9, 2015 at 1:14 am The Nordic diet does not be seemingly extremely goodat decreasing blood sugar levels, but one review founda small reduction in fasting blood sugar (1, 2). Share 0last_img read more

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British academics receive €2.4 million grant for PV cell research

first_imgBritish academics receive €2.4 million grant for PV cell researchA consortium of scientists led by Bristol University will use the funds to develop new active materials for PV cells using low-cost and abundant natural elements. February 14, 2014 pv magazine Manufacturing Markets Markets & Policy Technology Technology and R&D Share Researchers at Bristol University, U.K. have been granted €2.4 million by the country’s Engineering and Physical Sciences Research Council (EPSRC) to lead a consortium focused on replacing some of the key elements used in the manufacture of solar PV cells with more low cost, low toxicity alternatives. As part of a €15 million push by the EPSRC to help fund research into safer and more sustainable alternatives to the raw materials commonly used in industry, the PVTEAM study (Photovoltaics Technology based on Earth Abundant Materials) will be led by Professor David Fermin of Bristol University’s School of Chemistry, and joined by leading researchers at four other leading British universities, including Loughborough, Bath, Swansea and Northumbria. The research program intends to develop alternatives to gallium, indium, cadmium and tellurium – elements commonly used in the production of PV cells that are all either expensive to acquire, have high levels or toxicity or are increasingly rare. “The aim of this program is to lay the foundations of sustainable thin-film PV technology based on earth-abundant materials and scalable manufacturing processes,” said Professor Fermin. “This will be achieved by developing processes and production technologies for materials and material systems to a level they can be taken up by manufacturing industries. “PVTEAM will specify a carefully selected range of chemical compounds (chalcogenides and oxides) as substitutes to proven commercial materials. Using a multi-level screening approach, we will incorporate the best performing candidates into established solar cell architectures.” Testing and processing of materials will take place at the Sustainable Product Engineering Centre, where scale-up strategies and techno-economic assessments of promising alternatives will also be designed and managed. Commercial and industrial partners joining the PVTEAM include Tata Steel, Pilkington NSG, Johnson Matthey, M-Solve and Semimetrics.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… 123456Share pv magazine The pv magazine editorial team includes specialists in equipment supply, manufacturing, policy, markets, balance of systems, and EPC.More articles from pv magazine Related content Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved imp… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German enginee… Solar and silver price hikes pv magazine 7 April 2021 pv-magazine.com The PV industry has experienced several rounds of price increases since the second half of 2020, from polysilicon to mat… Average silver price expected to reach $27.3 per ounce this year Emiliano Bellini 23 April 2021 pv-magazine.com According to the Silver Institute, global industrial silver production is expected to grow 8% this year due to strong de… Fraunhofer ISE reveals Spain may host 5 GW module factory Ralph Diermann 21 April 2021 pv-magazine.com The vertically integrated factory is expected to be located near Sevilla, in southern Spain. The factory is expected to … Fraunhofer ISE achieves 35.9% efficiency for III-V triple-junction solar cell based on silicon Emiliano Bellini 23 April 2021 pv-magazine.com The cell, which looks externally like a device with a two-terminal architecture, was built with III-V semiconductor laye… iAbout these recommendations Elsewhere on pv magazine… Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… MIBEL alcanzó nuevamente los precios más bajos de Europa mientras subieron en el resto de mercados eléctricos pv magazine 23 March 2021 pv-magazine.es En la tercera semana de marzo los precios de la mayoría de mercados eléctricos europeos subieron, mientras que MIBEL mar… Tasmanian Labor installs solar at the top of its campaign promises Blake Matich 8 April 2021 pv-magazine-australia.com Tasmania (TAS) is going to the polls on May 1, and the opposition Labor Party has put forth a $20 million plan to fund l… India closing in on 7 GW of rooftop solar pv magazine 13 April 2021 pv-magazine-australia.com India’s cumulative installed capacity of rooftop solar stood at 6,792 MW as of December 31, 2020, with 1,352 MW having b… Spotlight on Australian solar Bella Peacock 21 April 2021 pv-magazine-australia.com Calculating the average sunlight hours data from the Bureau of Meteorology from January toDecember 2020, Darwin was cro… Q&A: EEW’s $500 million Gladstone solar to hydrogen project is just the start Blake Matich 18 March 2021 pv-magazine-australia.com pv magazine Australia: Australia is the testing ground for a lot of different aspects of the future green hydrogen market. Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… MIBEL alcanzó nuevamente los precios más bajos de Europa mientras subieron en el resto de mercados eléctricos pv magazine 23 March 2021 pv-magazine.es En la tercera semana de marzo los precios de la mayoría de mercados eléctricos europeos subieron, mientras que MIBEL mar… Tasmanian Labor installs solar at the top of its campaign promises Blake Matich 8 April 2021 pv-magazine-australia.com Tasmania (TAS) is going to the polls on May 1, and the opposition Labor Party has put forth a $20 million plan to fund l… India closing in on 7 GW of rooftop solar pv magazine 13 April 2021 pv-magazine-australia.com India’s cumulative installed capacity of rooftop solar stood at 6,792 MW as of December 31, 2020, with 1,352 MW having b… Spotlight on Australian solar Bella Peacock 21 April 2021 pv-magazine-australia.com Calculating the average sunlight hours data from the Bureau of Meteorology from January toDecember 2020, Darwin was cro… Q&A: EEW’s $500 million Gladstone solar to hydrogen project is just the start Blake Matich 18 March 2021 pv-magazine-australia.com pv magazine Australia: Australia is the testing ground for a lot of different aspects of the future green hydrogen market. Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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Report: Large-scale renewable energy projects more cost efficient than DG

first_imgReport: Large-scale renewable energy projects more cost efficient than DGLarge-scale renewable energy projects remain more cost efficient compared to decentralized alternatives, according to a new report by Norwegian certification group DNV GL. March 2, 2016 Edgar Meza Installations Manufacturing Markets Markets & Policy Share A new report by Norway’s DNV GL certification agency details a cost benefit analysis between large-scale centralized and and small-scale decentralized generation (DG) using renewable energy sources (RES) under different conditions, including established power systems and electrification of remote areas. The report, Cost Comparison Between Centralised and Micro-Distributed Renewable Generation, concluded that centralized solar and wind generation was between 33% and 50% more cost-efficient than the evaluated decentralized alternatives in all the conditions defined in the report in established power systems. DNV GL found that in established power systems, DG was more costly than the evaluated CG alternatives under the conditions defined in this study. When comparing between the cheapest CG and DG technologies, the report came to a range of between €46 and €112 per megawatt hour, which means that in the best case, DG is still at least 50% more expensive than CG, but 100% more expensive in the worst case. “The cost comparison between CG and DG shows an important impact of the regional wind and especially solar conditions in the results, considering that PV is present in all the DG selected technologies as well as some of the CG ones,” the report said. As a result, DNV GL concluded that small PV and also to a limited extent small PV/ battery were likely the most competitive DG alternatives to CG, assuming favorable solar conditions and an established power system. The report added that small PV/ micro combined heat and power were the best DG options in moderate solar conditions. The study pointed out that with regard to CG, it could be concluded “that the relative advantage of PV over wind or vice versa is mainly driven by the resource availability of wind and solar power.” DNV GL’s analysis further revealed the following insights when comparing DG with CG under different stylized power systems and networks:Some conventional generation is still required where the marginal increase of consumption shall be compensated by renewable sources only. “This is because of the variability of RES and its limited contribution to firm capacity,” the report found, adding, “It requires an additional amount of back-up capacity to serve load at times when RES … do not produce sufficient electricity to meet the total demand in specific hours.”In an established power system, additional system integration costs … are rather low for new DG and renewable CG compared to the CAPEX and OPEX of such a power system. Specifically for DG, the share of the costs of network integration in total costs is very small compared to the total costs, although it may vary by DG option and network structure. Nevertheless, for some distribution companies, such as those operating in Europe, these costs are considerable. In DNV GL’s experience, the costs obtained for integrating DG in distribution during this study are at least 50% of overall annual investment in the network. DNV GL’s results also suggest that distributed PV, combined with small diesel as back-up and probably batteries as well, may be a good alternative to CG in off-grid areas, i.e. for electrification of remote areas, as has been demonstrated in Morocco. In addition, DG may be overall less costly than centralized supply, especially in less densely populated areas that are farther from the main power grid, because the advantage of CG over DG in terms of LCOE of generation may be overcompensated by the costs of new high and medium-voltage network infrastructure required to connect remote settlements to the main power grid. The full report is available here.Popular content Submarine cable to connect 10.5 GW wind-solar complex in Morocco to the UK grid Emiliano Bellini 22 April 2021 pv-magazine.com UK-based Xlinks is planning to build 10.5 GW of wind and solar in Morocco and sell the power generated by the huge plant in the UK. 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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Select one or more editions for targeted, up to date information delivered straight to your inbox.Email* Select Edition(s)*Hold Ctrl or Cmd to select multiple editions.Tap to select multiple editions.Global (English, daily)Germany (German, daily)U.S. (English, daily)Australia (English, daily)China (Chinese, weekly)India (English, daily)Latin America (Spanish, daily)Brazil (Portuguese, weekly)Mexico (Spanish, daily)Spain (Spanish, daily)France (French, daily)We send newsletters with the approximate frequency outlined for each edition above, with occasional additional notifications about events and webinars. We measure how often our emails are opened, and which links our readers click. To provide a secure and reliable service, we send our email with MailChimp, which means we store email addresses and analytical data on their servers. You can opt out of our newsletters at any time by clicking the unsubscribe link in the footer of every mail. 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