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Wind and solar continue to win the global electricity-cost war

first_imgWind and solar continue to win the global electricity-cost war FacebookTwitterLinkedInEmailPrint分享Bloomberg New Energy Finance:In terms of the long-term trajectory for coal, BloombergNEF has become significantly more bearish than the IEA. Its 2019 New Energy Outlook, or NEO, published in June, saw global coal-fired electricity output peaking as early as 2026, and then declining 4% by 2030 and by as much as 53% by 2050.The other side of the coin in generation during the decade just ending has been the meteoric rise of wind, and particularly solar. Back at the time of the Copenhagen conference at the end of 2009, almost no one would have imagined that solar power – with just 25 gigawatts of capacity operating worldwide at that point, all of it at a significant cost premium to other technologies – would become the most installed generation source of the new decade.However, that is exactly what happened. The report Global Trends in Renewable Energy Investment 2019, published last month by UN Environment Programme and Frankfurt School and based on data and analysis from BNEF, estimated that over the 2010-2019 period, some 638 gigawatts of solar power will have been added, outpacing coal’s 529 gigawatts of net new additions, wind’s 487 gigawatts and gas-fired generation’s 438 gigawatts.That stellar performance by solar has come about, of course, in large part because of cost declines – declines that would also have seemed almost inconceivable 10 years ago. BNEF’s latest Levelized Cost of Electricity Update, covering the second half of 2019 and published last week, showed that the all-in cost of generation for solar photovoltaics without tracking systems has tumbled 83% since 2009, reaching just $51 per megawatt-hour. That is a global benchmark – the levelized cost is even lower in some locations.That new figure, and a closely matched equivalent for onshore wind of $47 per MWh, down 49% over the decade, means that two-thirds of the world population are living in countries where either solar or wind is now the cheapest choice for electricity generation in terms of all-in costs.More: Clean Energy’s Decade Nearly Gone, And Its Decade Aheadlast_img read more

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Syosset Man Charged With Fatal Hit-and-run

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A Syosset man has been arrested for allegedly killing a 13-year-old girl in a hit-and-run crash while the victim was crossing a road in her hometown of Levittown, Nassau County police said.Michael Elardo was charged with leaving the scene of an incident when he surrendered to Homicide Squad detectives on Monday, a day after the crash, police said.The 48-year-old suspect was driving a minivan eastbound on Hempstead Turnpike when he fatally struck Brianna Soplin at the corner of Gardiners Avenue and fled without stopping shortly after midnight Sunday, police said.The victim died four hours later at Nassau University Medical Center.Elardo and will be arraigned Tuesday at First District Court in Hempstead.last_img read more

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‘Learning Loop’ powers progress

first_imgBusiness organizations can advance more productively toward achieving their missions by acting on five questions that make up a “learning loop,” suggests a new book by Partners Federal Credit Union CEO John Janclaes, a CUES member.In Doing What Matters: How Leaders Help Individuals and Organizations Thrive, Janclaes describes a recursive process in which business leaders guide their teams to consider:What is going on? The team assesses current performance with both inside-out and outside-in views informed by qualitative and quantitative data.What really matters? To answer this question, focus on customer orientation, identifying stakeholders’ needs and examining the organization’s economic engines, or what drives financial performance.What are our options? By casting a wide net for ideas and staying open-minded about all available possibilities, the team is more likely to find the most effective solutions to optimize organizational potential. continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Manchester City furious with ‘shambolic’ Arsenal over Mikel Arteta move

first_img Metro Sport ReporterWednesday 18 Dec 2019 11:14 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link431Shares Arteta is expected to sign a three-and-a-half year deal (Picture: Getty)City will not hold Arsenal’s conduct against Arteta and will allow the Spaniard to move to the Emirates once a compensation package is agreed.AdvertisementAdvertisementNevertheless, the Daily Mail claim City feel Arsenal have acted in a ‘shambolic’ fashion and their attitude has been ‘disrespectful’.‘It’s surprising to hear that plans are being made by Arsenal to unveil our coach as their head coach on Friday on the basis that no contact has been made by the club to discuss this matter,’ a source told the Daily Mail.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalIt is believed that Arteta has already agreed a £5m-a-year deal to move to Arsenal in a contract that’s expected to run until 2023.Arsenal feel the deal is as good as done – barring an agreement on a reported £2m compensation package – and had hoped to have Arteta in place before Saturday’s clash against Everton.Arteta was on City’s bench for the side’s 3-1 win against Oxford United in the quarter-final of the Carabao Cup.City will face Manchester United in the semi-finals, though it’s unlikely that Arteta will still be at the club.MORE: Marcus Rashford reacts as Manchester United draw Manchester City in Carabao Cup semi-finals Advertisement Mikel Arteta is set to take charge at Arsenal (Picture: Getty)Manchester City are furious with Arsenal’s conduct in their pursuit of Mikel Arteta and claim the Gunners are still to make an official approach for the Spaniard.Arteta has held three round of talks with the Gunners in the last week and he’s been clear with Pep Guardiola about Arsenal’s interest.However, Arsenal are yet to speak directly to City about Arteta’s availability and it’s common courtesy to make an official approach given he’s contracted at the Etihad.In any case, the Gunners would have to pay a compensation fee to hire Arteta and it’s simply impossible not to open dialogue if they wish to appoint the 37-year-old.ADVERTISEMENT Manchester City furious with ‘shambolic’ Arsenal over Mikel Arteta move Comment Advertisementlast_img read more

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Jutanugarn to lead Thai challenge at Honda LPGA 2017

first_imgThai No. 1 Ariya Jutanugarn will lead the home challenge for honours at the $1.6 million Honda LPGA Thailand 2017 ladies golf championship, being held at its traditional venue of Siam Country Club in Pattaya from Feb. 23-26.Jutanugarn has played in the Honda LPGA Thailand 8 times since making her debut in 2007 when she was only an 11-year-old amateur player.  Her best result so far was in 2013, when she came close to winning the championship but was pipped at the post by Inbee Park after blowing a two shot lead on the final hole.Ariya Jutanugarn will be aiming for a home victory at next week’s Honda LPGA Thailand 2017 ladies golf championship in Pattaya. (AP Photo)That very public meltdown and a subsequent shoulder injury led to the Thai starlet struggling to find her game for a long period afterwards, culminating in her missing ten cuts in succession on the Tour in 2015.  But over the past 12 months she has finally started to realize her full potential and has blossomed into one of the world’s finest players.Last season Jutanugarn won five times on the LPGA Tour (the most by any player) and currently stands at No. 2 in the Rolex Women’s World Rankings behind New Zealand’s Lydia Ko.  With her victory at the British Open in 2016 she became the first-ever golf major champion (male or female) from Thailand and was voted last season’s LPGA Player of the Year and also Thailand Professional Athlete of the Year. “I just feel like I changed my focus (last year), so right now my focus is like what’s going to be good, and what is under my control, not thinking about anything else,” says Jutanugarn, a native of Bangkok.Joining her to fly the flag for Thailand next week will be older sister Moriya and the always colorfully dressed Pornanong Phatlum, the leading Thai player on the current 2017 money list.  A host of world stars will be trying to take the title and trophy out of Thailand, including last year’s Honda LPGA winner Lexi Thompson, Lydia Ko, Stacy Lewis, Suzann Pettersen, Inbee Park and a relative who’s who of the best female golfers on the planet.Golf fans can purchase admission tickets in advance at Thai Ticket Major to avoid queuing on the day or simply pay on the door.  Admission prices are as follows: Thursday, February 23 and Friday, February 24 – 300 THB/day; Saturday, February 25 – 400 THB; Sunday, February 26 – 500 THB; Four-Day Package – 800 THB.  Entrance is free for children below 18 years old and senior citizens over 60 years old.  The gates open at 08.30 hrs. on February 23-24 and at 08.00 hrs. on February 25-26.This 4-day tournament will be broadcasted worldwide for golf fans on the Golf Channel.  Thai fans can watch live broadcasting on Channel 7 and Channel 35 HD on Thursday, February 23 and Friday, February 24 at 14.00-17.00, on Saturday, February 25 at 15.00-17.00 and Sunday, February 26 at 15.00-17.15.For more information, go to website: www.lpgathailand.com.last_img read more