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In restructuring, PG&E ‘will have to cater to customers who have other ways to meet their power needs’

first_img FacebookTwitterLinkedInEmailPrint分享Wall Street Journal:When it emerges from what is expected to be a long and complex chapter 11 reorganization, it’s likely to be a very different business—no longer the sprawling provider of natural gas and electric service to 16 million Californians.While wildfire liabilities that PG&E pegged at more than $30 billion were the main factor behind its bankruptcy filing, the San Francisco-based company faces far broader challenges. Long a utility accustomed to having a monopoly, in the future it will have to cater to customers who have other ways to meet their power needs.The traditional business model of electric utilities is under siege as homeowners, corporations and new community groups seek to generate or purchase power for themselves, a trend that is particularly advanced in California. All the while, PG&E has become deeply intertwined with California’s renewable energy and carbon-reduction goals, requiring it to sign expensive long-term contracts while also facing political pressure to keep rates from rising too fast.All options are going to be on the table in a bankruptcy proceeding, experts say. The possibilities include breaking up the company, selling off its natural-gas business or shedding some of its more than 100 hydroelectric dams. San Francisco and other cities have also said they want to explore running their own utilities in what has been PG&E territory.All options are going to be on the table in a bankruptcy proceeding, experts say. The possibilities include breaking up the company, selling off its natural-gas business or shedding some of its more than 100 hydroelectric dams. San Francisco and other cities have also said they want to explore running their own utilities in what has been PG&E territory.“There’s a larger issue at hand regarding how utilities are coping with new technology,” Mr. Peskoe said. “Maybe this is an opportunity for the industry to think about this differently.”PG&E said in the bankruptcy filing that it wants the ability to end hundreds of long-term power contracts with wind and solar farms, a move that could hurt the nation’s renewable-energy industry. PG&E has $42 billion in contractual commitments to buy electricity, more than half for wind and solar power to meet California’s aggressive renewable-energy goals. NextEra Energy Inc., a Florida utility with a large renewable-power-generation business has asked the Federal Energy Regulatory Commission to assert jurisdiction over these contracts. The commission ruled last week that it would review the matter alongside the bankruptcy judge.California Gov. Gavin Newsom has also expressed worries about the potential cancellation of the contracts, which could hurt the state’s ability to meet aggressive goals to cut greenhouse-gas emissions and combat climate change.More($): Wildfires Drove PG&E to Bankruptcy, Where Utility Must Change to Survive In restructuring, PG&E ‘will have to cater to customers who have other ways to meet their power needs’last_img read more

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IEA: Renewable generation capacity expected to climb by 1,200GW in next five years

first_imgIEA: Renewable generation capacity expected to climb by 1,200GW in next five years FacebookTwitterLinkedInEmailPrint分享The Guardian:Global supplies of renewable electricity are growing faster than expected and could expand by 50% in the next five years, powered by a resurgence in solar energy.The International Energy Agency (IEA) found that solar, wind and hydropower projects are rolling out at their fastest rate in four years. Its latest report predicts that by 2024 a new dawn for cheap solar power could see the world’s solar capacity grow by 600GW, almost double the installed total electricity capacity of Japan. Overall, renewable electricity is expected to grow by 1,200GW in the next five years, the equivalent of the total electricity capacity of the US.“This is a pivotal time for renewable energy,” said the IEA’s executive director, Fatih Birol. “Technologies such as solar photovoltaics (PV) and wind are at the heart of transformations taking place across the global energy system. Their increasing deployment is crucial for efforts to tackle greenhouse gas emissions, reduce air pollution, and expand energy access.”The Guardian reported earlier this month that a renewable energy revolution could end the world’s rising demand for oil and coal in the 2020s, decades ahead of forecasts from oil and mining companies.Renewable energy sources make up 26% of the world’s electricity today, but according to the IEA its share is expected to reach 30% by 2024. The resurgence follows a global slowdown last year, due to falling technology costs and rising environmental concerns. However, Birol warned that the role of renewables in the global energy system would need to grow even faster if the world hopes to meet its climate targets.The IEA expects solar energy to play the biggest role in jumpstarting fresh growth in global renewable energy because falling costs are already below retail electricity prices in most countries. The cost of solar power is expected to decline by a further 15% to 35% by 2024, spurring further growth over the second half of the decade.More: Renewable energy to expand by 50% in next five years – reportlast_img read more

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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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Baxter State Park Officials Scold Jurek for A.T. Celebration

first_imgThere has been no shortage of fanfare and support from the running and outdoor communities in the wake of Scott Jurek’s historic, record-setting performance on the Appalachian Trail. Nearly every major media outlet has covered the incredible feat, and social media has been ablaze for several days with congratulatory comments from well wishers.But there is another perspective on Jurek’s capture of the A.T.’s new “fastest known time.” Purists say he missed the point, that he rushed through a trail that’s meant to slow hikers down and put them more in touch with the natural world, all in the name of gamesmanship and competition.Others have gone a step further, essentially accusing Jurek of bastardizing the Appalachian Trail in pursuit of commercial gain. The most authoritative member of this camp is Maine’s Baxter State Park, which houses Baxter Peak and the Mount Katahdin, the northern terminus of the A.T.In a Facebook post published this morning, park officials accused Jurek of littering, drinking alcoholic beverages in public places, hiking with an oversized group, facilitating non-permitted media coverage within the state park boundaries, and drew attention to the help he has received from his corporate sponsors.Screen Shot 2015-07-16 at 5.20.21 PMThe following a verbatim statement pulled directly from the official Baxter State Park Facebook page. To view this statement on their Facebook page click here. Ultramarathoning in Baxter Park – another perspective.Our Facebook page is a great place to celebrate the nature of Baxter State Park. On occasion, we need to use this platform for serious discussion.Scott Jurek’s recent completion of the Appalachian Trail in the shortest time on record is a remarkable physical accomplishment. With all due respect to Mr. Jurek’s ability, Baxter State Park was not the appropriate place for such an event.Let’s be clear and concise, Scott Jurek’s physical abilities were recognized by corporations engaged in running and outdoor related products. The race vehicle used to support Scott in his run, as well as Scott’s headband, clearly displays these corporate sponsors. The sponsors are providing money and equipment to support Scott’s run in exchange for advertisement and engagement that they expect will protect or increase their market share and improve their profits. Included in this exchange are media companies such as “The Game Changers, LLC” of Laguna Beach CA, who were hired to capture video and photographic coverage of Scott’s run to enhance the opportunities for commercial benefit from his run.When Scott arrived at Baxter Park to complete his run at the northern terminus of the Appalachian Trail, he brought all of this to Baxter Peak, in Maine’s largest wilderness.Mr. Jurek and the corporate sponsors were careful not to mention in the media coverage that one of the unfortunate outcomes of the celebration party at Baxter Peak at the completion of the event were the three summons issued to Mr. Jurek by a Baxter Park Ranger for the drinking of alcoholic beverages in public places (BSP Rule 7 and Maine State General Law), for littering (BSP Rule 4.5) and for hiking with an oversize group (BSP Rule 2.2). In addition, media personnel were issued a summons for violation of a commercial media permit which prohibited filming within 500′ of Baxter Peak. Not much to be proud of there.An additional discouraging observation. The Appalachian Trail provided the challenge and backdrop for this event and consequently, provided the conduit for this event to land in Baxter Park. The profile of the AT is large enough to attract the corporate sponsorship necessary to support and carry such an event. The AT is apparently comfortable with the fit of this type of event in its mission. The formal federal designation and authority of the Appalachian Trial does not extend into Baxter State Park. The AT within the Park is hosted at the consideration of the Baxter State Park Authority. The Authority is currently considering the increasing pressures, impacts and conflicts that the Appalachian Trail brings to the Park and if a continued relationship is in the best interests of Baxter State Park.Thousands of people, including Mainers and others from all over the world, visit Baxter Park and hike in the Park’s wilderness, including a climb to Baxter Peak. People celebrate their accomplishment, often with their families and often many times over, quietly and with appreciation for this precious gift left to us in perpetuity by Percival Baxter. These “corporate events” have no place in the Park and are incongruous with the Park’s mission of resource protection, the appreciation of nature and the respect of the experience of others in the Park. We hope for the support of the AT and BSP communities to help us steer these events to more appropriate venues in the future.How do you feel about Baxter State Park’s response to Jurek’s post record-setting celebration? Let us know in the comments below. Photo Courtesy of Luis Escobarlast_img read more

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WATCH: Pro Cycler Endures Hard Crash Then Stumbles Through Oncoming Traffic

first_imgAfter making it through a gauntlet of fellow bikers traveling at dangerously high speeds, a neutral support official helped Skujins re-mount his bike, and the 25-year old cyclist proceeded to carry on with the tour.Shortly thereafter, however, a team car pulled alongside Skujins and persuaded him to exit the race. According to Cycling News, Skujins was then taken to a nearby hospital where he was treated for a broken collar bone and a concussion. Skujins’ sponsors, Cannondale and Drapac, are said to be implementing a more thorough concussion protocol in response to the incident. Professional cycler Tom Skujins took a hard fall during the AMGEN Tour of California. As shown in the video below, in the immediate aftermath of the severe crash, the clearly dazed and disoriented Latvian attempted to re-mount his bike before falling a second time, then dangerously staggering his way through a slew of oncoming bikes, motorcycles and even a speeding support car.last_img read more

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A Liberty University Homecoming Event: The Deep Hollow Half Marathon and 5k

first_imgLynchburg, VA has history tied to trail running and very few events capture the “grassroots” feeling of a trail half marathon like the Deep Hollow Half Marathon and 5k. The half marathon course was developed in 2007 and the local running community continues to embrace the event. The initial course included the old “Deep Hollow Trail”, on the beautiful Liberty Mountain Trail System, from which the race initially got its name. That trail no longer exists (though the race name has stuck), having been incorporated into what is now “Horton’s Loop”, named after the ultra-running legend and Liberty University Exercise Science professor himself, David Horton.Liberty University manages the 5,000-acre trail system where the race takes place. The half marathon course features a diverse blend of single-track trails and mountain roads (see 2017 course guide). With nearly 2,000 feet of elevation change throughout the 13.1-mile course, it is a brutal though rewarding challenge. This event is the most popular race in the series and draws experienced trail runners from all over Central Virginia.Deep Hollow Half Marathon and 5k is a premier event and is worth the trip to Lynchburg. As a Liberty University Homecoming event, the race always draws an impressive crowd and creates a spectacular race day environment. Great competition, a safe course, and an encouraging community make this an excellent event to be a part of. The 5k course provides an opportunity for all runners to succeed and reach their goals, while the half marathon course gives even the most experienced runners an exciting challenge. Be sure to add this to your fall race line-up! last_img read more

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10 Backcountry Tips from the Road Team

first_img We chose to hike out. We didn’t reach the trailhead until 10:00 pm that night. By then, it was dark and cold but the rain had stopped for the moment. We felt defeated. Maybe we made the wrong call and we were just being dramatic. We agonized over our decision for days. The trip had taken so much planning that we didn’t want to believe that bailing was the right choice. Now that we’ve had a few weeks to reflect, it’s clear that we made the right choice for our safety. Tell someone (or better yet, two people) where you are going. Also tell them when you will be there, and when you will be out to safety. It seems obvious. This is especially important in areas without cell service.Carry a personal locator beacon. There are several models on the market and some work better than others. We carry the inReach Explorer+. This allows us to send an SOS signal to search and rescue, send text and tracking data to loved ones and acts as a fully functional GPS.Check the weather and pack accordingly. Before leaving for our trip all signs pointed to nice weather. Knowing the area we were hiking in was notorious for unpredictable weather, we packed full rain gear and winter gear just in case.Take all of the necessary precautions with wildlife and food storage. Know the area you are in and keep yourself safe. We almost always carry bear spray in the backcountry and depending on where we are we either use bear canisters or an ursack. Never cook in or near your tent and don’t eat in the clothes you plan on sleeping in.Use an appropriate tent, sleeping mat, and sleeping bag. This seems obvious, but making sure you can stay warm in an emergency is crucial.Have a map and compass, or GPS (or better yet, all three). If you can’t navigate yourself around the wilderness, you shouldn’t be out there.If you are not comfortable flying solo, bring a friend.Plan and expect to be out there longer than you think. If the weather didn’t break, we would have been behind schedule and needed to add a day to our trip. We planned for that by bringing some extra food.When all else fails, remember food, water, and shelter. When we’re packing, this is the first thing we say. These three things will keep you safe and comfortable.Bring coffee, whiskey, or wine. This won’t keep you safe but if you’re like us it can be a serious morale booster. __________________________________________________________________________There is one way for this tour to be a reality– our sponsors! Sending a thank you shout out to all of our awesome sponsors that make this tour happen: Sea to Summit, Mountain House, Lowe Alpine, Leki, Big Agnes, Stio, Roofnest, and Franklin County, VA. For more info on our sponsors, check out the post, “Live Outside and Play is Back!”center_img After drying out all of our gear, we headed back into the backcountry safely and got some more miles under us. Recently, on a four-day backpacking trip in the Pacific Northwest, we had to do something that we’ve never done before. We bailed. We were about 18 miles into our 50-mile journey, It had been raining relentlessly since we broke camp that morning. We’re fairly comfortable outside in bad weather so when it started raining we thought nothing of it. A few hours later the rain had not stopped. In fact, it had picked up along with the wind. The temperature had dropped well into the thirties and as we hiked through a six-mile wide burn area where dead fall became a very real danger. It was the only time we’ve been able to stand still and literally watch trees fall down around us.By mid-afternoon, we were soaked through and very cold. Realizing that we were too wet and cold to keep moving we made the decision to shelter. We set up our tent, quickly stripped off our wet clothes, boiled some water, and climbed into our sleeping bag.  It took what felt like an eternity for our hands and feet to warm up. We stayed there, sheltered in the safest place we could find for a few hours. Once we were warm enough to think clearly, we had to make a decision. Keep going even though all of our gear was completely soaked through, hike seven miles to the next trailhead and hope that we could hitch a ride an hour or so back to our van, or take advantage of the break in the weather and hike 18 miles out back to safety. We hadn’t seen anyone else on the trail so the prospects of finding a ride back to the van seemed dim. The best thing you can do in the backcountry is to be prepared and also be prepared to call it off. Here is a quick list of things that we do to stay safe when traveling in the backcountry.last_img read more

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Kaká Completes Transfer To Real Madrid

first_imgBy Dialogo June 09, 2009 Brazil’s 2007 world footballer of the year Kaka completed his transfer from Serie A side AC Milan to Real Madrid both clubs announced. The 27-year-old signed a six year contract with the Spanish giants for a reported fee of 65million euros which both clubs refused to confirm. If it is 65million euros it would be the second biggest ever transfer – after that of French great Zinedine Zidane, who cost Real Madrid 75million euros in 2001. Kaka had earlier undergone in Brazil a problem-free medical attended by Real Madrid’s Dr Juan Carlos Hernandez as well as the Brazilian squad’s doctor, Jose Luiz Ronco. Kaka – who is in Brazil for their 2010 World Cup qualifier with Paraguay – is expected to appear at a press conference. Real chairman Florentino Perez has established a 200 million euro war chest for players, vowing to create a “spectacular team” capable of overtaking arch-rivals Barcelona – who won the title, Champions League and Spanish Cup in coach Pep Guardiola’s first season in charge – next season. Perez oversaw the era of the “Galacticos” when he was in charge at Real between 2000 and 2006, when world stars such as Zidane, England’s David Beckham and Brazil’s Ronaldo were attracted to the club. Kaka has been at AC Milan since arriving from Sao Paolo in 2003, scoring 70 goals in Serie A and 23 in the Champions League. He has won the 2007 Champions League with them, the 2004 league title, two European Super Cups and the world club championship in 2007. He had been the subject of a massive transfer offer from English Premier League side Manchester City in January but the deal eventually came to nothing.last_img read more

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2,100 Kilos of Lidocaine Seized and Six People Detained in Paraguay

first_imgBy Dialogo June 07, 2011 Paraguayan anti-narcotics agents seized 2,100 kilos of lidocaine, a drug used to adulterate cocaine, in the Vallemí area, in the department of Concepción, four hundred kilometers north of Asunción, the local authorities announced. The drug was found in eighty barrels on board a vessel crewed by two Bolivian citizens, three Brazilians, and one Paraguayan, who were detained and turned over to the local public prosecutor’s office. The seizure took place following an operation carried out by Paraguayan military personnel in that area, on the border with Brazil.last_img read more

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Individuals Convicted of Terrorism Prohibited from Leaving Peru

first_imgBy Dialogo January 24, 2012 The Peruvian government has enacted a law that prohibits granting judicial permission for travel abroad to individuals sentenced for terrorism offenses and on parole, according to a report in the official gazette. In the case of parolees sentenced for terrorism offenses, “it is prohibited to lift the ban on leaving the country, even as temporary permission, and said restriction expires once the sentence imposed has been completed in full,” the legal text published in the official gazette indicates. The law was signed by president Ollanta Humala, cabinet chief Óscar Valdés, and the president of Congress, Daniel Abugattás. Justice Minister Juan Jiménez Mayor stated that passing the law will prevent any judge from authorizing a trip abroad by a convicted terrorist. The bill was drafted in Congress following the controversy generated by the judicial permissions received by two convicted terrorists and parolees, Lori Berenson and Lautaro Mellado, to travel to the United States and Chile, respectively. Berenson, a former member of the Túpac Amaru Revolutionary Movement (MRTA), an organization defeated during the last decade, returned to Lima after spending the Christmas and New Year’s holidays with her parents in New York. The American national was granted permission from a judge to be absent from Peru from December 16, 2011, to January 11, 2012, but she returned on the 5th of this month. Mellado, another MRTA member, traveled to Chile to obtain financial assistance from his family and be treated for an illness in his country. He has not yet returned.last_img read more

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