Analysis shows new coal generation no longer economic in U.S.

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Analysis shows new coal generation no longer economic in U.S.

first_imgAnalysis shows new coal generation no longer economic in U.S. FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Wind energy is America’s overall lowest-cost source of new power generation, when not considering incentives, while solar and natural gas-fired facilities are also the cheapest options across wide swaths of the country, according to new analysis from the Energy Institute at the University of Texas at Austin.“This shows why, even in coal country, nobody is building coal,” said Joshua Rhodes, a research fellow at the Energy Institute whose recent analysis yielded roughly 20% and 40% cost declines for wind and solar, respectively, compared to a 2016 Energy Institute report on the levelized cost of electricity. “With gas and renewables in the system there’s just no room for coal anywhere.”The update almost eliminated coal from the institute’s interactive online map of lowest-cost new power sources throughout the United States and broadened the footprint of wind and solar as the least-expensive technologies in the county-by-county analysis. On an unsubsidized, levelized-cost basis, wind farms in Colorado, Kansas, Oklahoma and Texas are the nation’s cheapest generation sources, with the cheapest wind in those states ranging from $46.76/MWh to around $48.85/MWh, the research found.The cheapest new gas generation, according to the University of Texas’ updated data, would be combined-cycle facilities in Idaho, Washington, Montana and Oregon at $52.50/MWh to $53.61/MWh. The lowest-cost U.S. solar farms, located in New Mexico, Arizona, Texas and Colorado, ranged from $62.79/MWh to $64.36/MWh. The only places new coal generation would be the cheapest option are three remote counties of Washington state, with levelized costs around $111/MWh. The analysis does not view new nuclear power as the most cost-effective technology anywhere in the country.While the Energy Institute’s analysis appears to bode well for the future competitiveness of wind and solar as federal tax incentives phase down, experts remain split on how the real impact may play out in the marketplace. Analysts from Bloomberg NEF, IHS Markit and Navigant Consulting, for instance, recently presented wildly diverging views on future solar capacity additions as the investment tax incentive declines for businesses and zeroes out for homeowners. IHS, the most bearish of the three on solar, also foresees a plunge in wind investment post-federal tax breaks.More ($): ‘No room for coal’: Wind, solar, gas seen as cheapest U.S. power without subsidieslast_img read more

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BKPM issues over 4,000 permits for health-related firms in early April

first_imgAgency head Bahlil Lahadalia said in late March he would speed up the process of obtaining business permits for firms producing personal protective equipment (PPE).As of Tuesday, a consortium of six South Korean firms in West Java, for example, had shipped 927,500 PPEs to the National Disaster Mitigation Agency (BNPB).Read also: 35 manufacturers ramp up capacity to produce COVID-19 protective gearGarment manufacturer PT Daedong Internasional is one firm benefiting from the agency’s move to speed up the process of obtaining operational permits.“There was some difficulty at first,” Daedong president director Ki Tae Jo was quoted as saying in the same statement. “But we had the solution as the BKPM came to help.”The agency has also issued 2,478 operational or commercial permits for firms in sectors related to food and drugs. It was the second-highest number of permits issued in the first half of April, followed by permits issued in the trade sector at 2,334. The Investment Coordinating Board (BKPM), which manages the national online single-submission system for business permit requests, has issued 4,042 operational or commercial permits for firms in the health sector as the country battles the COVID-19 outbreak.Health sector permits issued in the first two weeks of April surpassed 70 percent of the 5,862 permits issued in March. Even before the first two confirmed cases of COVID-19 were reported in March, the agency had recorded an upward trend in the number of permits for firms in the health sector. Between January and February, the permits issued increased by around 68 percent to 2,406. The agency’s spokeswoman, Tina Talisa, said the number of permits for firms operating in the health sector recently continued the upward trend following the agency’s move to speed up its issuance process.“This shows a high interest and that the relaxed process to obtain permits in the health sector is going well,” Tina, formerly a news anchor, was quoted as saying in a statement released on Friday. Read also: Indonesian manufacturers step up as G20 nations coordinate global medical supplySince Indonesia started handling the COVID-19 outbreak, which has infected 5,516 people nationwide as of Thursday, both hospitals and the public at large reported a shortage of medical equipment.center_img Topics :last_img read more

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Benitez hints at Mourinho arrival

first_img “I think everybody knows who will be here.” Benitez was asked if he would volunteer help to the new manager. He said: “Good question. You think that he will ask me? That’s something you have to ask the new manager.” Chelsea skipper John Terry dropped similar hints. He told the Sun: “It is important for both of us to show respect to Real Madrid because he has a contract there. “For me, personally, it is difficult to go into this subject. “But the fans have shown clearly that he is a man they love, above all for what he won, and for pushing the club in a direction it had never gone in before. He is still the ‘Special One’.” Rafael Benitez hopes to guide Chelsea to a Champions League return before handing over to his successor – and the Spaniard has suggested the new boss will be Jose Mourinho. Speaking ahead of Wednesday night’s Barclays Premier League clash with Tottenham, where victory would virtually seal Champions League football next season for the 2012 winners, Benitez indicated he expects Mourinho to return to Stamford Bridge. Real Madrid coach Mourinho, who left after three years as Blues boss in September 2007, has been strongly linked with a return, with a date of July 1 mooted. “The next year there will be another manager,” said Benitez, who replaced Roberto Di Matteo in November and will depart this summer at the end of his short-term contract. center_img Press Associationlast_img read more

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Chelsea in lockdown after Callum Hudson-Odoi tests positive for Covid-19

first_img Source: The Guardian Chelsea’s full squad have gone into self-isolation after winger Callum Hudson-Odoi tested positive to the coronavirus, the club said in a statement. Hudson-Odoi displayed cold symptoms on Monday morning and has stayed away from the club since then.His test result was returned on Thursday night.“Chelsea men’s team player Callum Hudson-Odoi had a positive test result for coronavirus returned this evening,” the Premier League club’s statement said.“Chelsea personnel who had recent close contact with the player in the men’s team building will now self-isolate in line with government health guidelines.“These will include initially the full men’s team squad, coaching staff and a number of backroom staff.” The club said despite testing positive, the 19-year-old was “doing well and looking forward to returning to the training ground as soon as it is possible”.The Blues have also closed two buildings at their training facility.Chelsea are scheduled to play at Aston Villa on Saturday afternoon but the match looks unlikely to proceed. The remainder of the Premier League season, in fact, is in doubt with the League to hold a meeting on Friday to determine a course of action in response to the coronavirus.The latest news comes after the Arsenal manager, Mikel Arteta, tested positive for Covid-19 on Thursday night and Arsenal’s game at Brighton this weekend was called off.last_img read more

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