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Pomerleau Real Estate June Transactions

first_imgCharlie Poulin of Pomerleau Business Services was the selling agent and Kevin DArcy of Pomerleau Real Estate was the listing broker on the sale transaction of Waterbury Beverage and The Vermont Liquor Agency in Waterbury, VT to Quinland Farms, Inc. Their operation will be relocated to the Crossroads Beverage & Deli in Waterbury.Charlie Poulin of Pomerleau Real Estate was the leasing broker representing the tenant, New England Federal Credit Union on the lease transaction of 750 square feet at 100 Bank Street in Burlington. The Bank expects an August 1, 2004 opening and will install a full service ATM as well as have an office facility at this location. Bill Kiendl of V/T Commercial represented the Landlord in this transaction.Yves Bradley of Pomerleau Real Estate was the leasing agent representing the tenant, Lisa Spagnoli of A Little Glamour, in the lease transaction of 600 SF at 32 1/2 Church Street, Burlington. Lisa has closed her former store, Zia, in Belmont, MA and is relocating to the Burlington area. A Grand opening is scheduled for June of 04!Yves Bradley of Pomerleau Real Estate was the leasing agent representing the tenant, Cynthia White, Massage Therapist, on the lease transaction of space located at 102 Church Street, Burlington (2nd floor). She will be accepting new clients in June 2004 at this location. Pomerleau Real Estate is the Landlord at this location.Robert Marlowe and Yves Bradley of Pomerleau Real Estate were the listing and leasing agents representing the tenant and Landlord on the lease transaction of 600 Square feet of space at 1944 Williston Road. Green Mountain Valuations is the Tenant (real estate appraisals) and will be open in June 2004 at this location.Yves Bradley of Pomerleau Real Estate was the leasing agent representing the tenant, Stride Creative Group, on the lease transaction of 628 square feet of space at the Kilburn & Gates Building, Burlington. Terri Parent and Katherine McIntyre, Principals of the marketing firm, will be open for business at this location in June 2004.Yves Bradley of Pomerleau Real Estate was the leasing agent representing the tenant, Carol Foley, on the lease transaction of 450 square feet of office space at 2 Church Street, Burlington. Hillary Boardman of J.L. Davis Realty represented the Landlord.last_img read more

Ulf is Named AIA Upjohn Fellow

first_imgThe American Institute of Architects (AIA) recently named M. Hunter Ulf, AIA, as a Richard Upjohn Fellow. He accepted the honor from the Institutes President at a gathering of AIA leadership in Washington, DC. The Richard Upjohn Fellowship is reserved for members of the AIA who serve on the Institutes National Board of Directors. Ulf just finished a three-year term as the Director representing the New England Region for the 73,000-member organization. During his term, Ulf chaired the Gold Medal and Firm of the Year Advisory Jury, which selects recipients for the highest Institute honor. He served as a member of the Joint Committee of the AIA and Associated General Contractors, and chaired the Institutes Convention Site Selection Committee, which identifies the locations for their 23,000-attendee annual conventions.Named after one of the founding members of the American Institute of Architects in 1857, a Richard Upjohn Fellow has come to symbolize a high level of dedication to the advancement of the profession of architecture. There are approximately 12 architects from across the nation named as Richard Upjohn Fellows annually by the Institute.Ulf is a founding Principal of UK Architects in Hanover, NH, and resides in Pomfret, VT. UK Architects strives to make a lasting difference in communities and the environment through their work with residential, commercial, and institutional clients.last_img read more


first_imgPSB APPROVES UPC SHEFFIELD WIND PROJECT WITH CONDITIONSMontpelier, VT, August 8, 2007 The Vermont Public Service Board today issued an order approving a16-turbine, 40 megawatt wind generation facility in Sheffield, Vermont, with the requirement thatthe applicant, UPC Wind, must meet a number of conditions set by the Board related to powercontracts, noise, traffic, and decommissioning. The Board found that the economic benefits andprovision of renewable energy offered by the project as conditioned outweigh its adverse impacts.In approving the project, the Board reiterated its finding from an earlier order that windgeneration facilities such as the one proposed by UPC can provide a number of benefits toVermont and the region, such as fuel diversity, energy independence, reduced air emissions, andincreased tax revenue. The Board cited a number of specific economic benefits offered by thisproject, including increased tax revenues to the state and the host town, the creation of new jobs,and land lease payments. The order noted that the project will contribute to meeting the need forrenewable power in the regional power pool of which Vermont is a member, and to servingVermonts load growth with renewables, a matter of policy which has been adopted by theVermont Legislature.Visual impacts of the project were a central concern for many members of the public andseveral parties. The Board concluded that the visual impacts would not be unduly adverse underthe Environmental Boards Quechee Test adopted by the Public Service Board, and ruled thatthe benefits of the project outweigh the visual impacts. In making this finding, the Board relied onvisual simulations and analyses demonstrating that most views of the project will be from adistance such that the size will not be overwhelming, and consequently, the average person willnot find the project shocking or offensive, a standard used by the Board in cases such as thisone.Conditions in the Board order include setting maximum noise levels to protect nearbylocations, approving a wildlife protection agreement reached between the Agency of NaturalResources and UPC, and adopting requirements to protect towns that will be affected byconstruction traffic. In addition, the order requires a fully-funded decommissioning account toensure the facility can be removed and the site restored when it no longer provides substantialpublic benefit.The order requires UPC to negotiate and submit to the Board its power sale agreementswith Vermont utilities to provide greater price stability than the companys proposal, whichprovided for the sale of all the projects output to Vermont utilities, but indexed most of the priceto the New England wholesale electricity market. The condition reflects Vermont law thatencourages the development of renewable energy in part because renewable generation does notdepend upon fossil fuels, for which prices are increasingly volatile and expected to rise. However,the contracts negotiated by UPC did not capture this benefit because they would have sold most ofthe power to Vermont utilities at a fixed percentage below the New England wholesale electricitymarket price, which is largely tied to the volatile and rising price of natural gas. UPC will have theopportunity to submit new contracts that include mechanisms providing greater price stability, orto show that the contracts as proposed provide the best possible arrangement.Power generation projects that connect to the electric grid, including wind farms such asthe proposed project, can be built only with the approval of the Board in the form of a Certificateof Public Good (CPG). To grant such a CPG, the Board must find, based on a formal process andon specific standards in Vermont law, that the project promotes the general good of the state. Inreaching a decision on the Sheffield project, the Board viewed thousands of pages of testimony,exhibits, and transcripts and heard from 35 witnesses at ten days of evidentiary hearings, fromover one hundred citizens at three public hearings, and from hundreds more members of the publicin written comments, and the Board conducted a site visit, viewing the proposed project locationfrom many vantage points around the Northeast Kingdom.The order is available on the Boards website at http://www.state.vt.us/psb(link is external).###For immediate release Wednesday, August 08, 2007.last_img read more

Comcast and Microsoft Launch Microsoft Communication Services

first_imgComcast and Microsoft Launch Microsoft Communication Services From Comcast for Small and Medium-Sized Businesses New offering provides SMBs with hosted corporate-grade e-mail, scheduling and document-sharing services backed by 24×7 support.Burlington, VT Nov. 14, 2007 Comcast Corporation (Nasdaq: CMCSK, CMCSA), the nations leading provider of cable, entertainment and communications products and services, and Microsoft Corp. (Nasdaq: MSFT), the worldwide leader in software, services and solutions, have launched a new Internet-based communications product for small and medium-sized businesses (SMBs), giving SMBs access to services that have traditionally only been available to larger companies with IT staffs. Comcasts SMB customers will be the first in the country to receive Microsoft Communication Services from Comcast, which will provide them with corporate-class e-mail, calendaring and document sharing. This product is Internet-based, so SMBs do not need additional server capacity and is backed by 24×7 Business Class customer support from Comcast, which will serve as an SMBs help desk. Comcast is the only major U.S. Internet service provider to make this product available at no additional cost with its broadband services. Microsoft Communication Services lets small-business owners focus on running their businesses rather than worrying about IT issues by: ” Enabling SMB teams to share documents and access calendars, track tasks, and use e-mail efficiently and effectively through corporate-class productivity and collaboration solutions based on Microsoft Exchange Server 2007, Microsoft Office Outlook 2007 and Microsoft Windows SharePoint Services 3.0 ” Removing barriers of up-front costs, help desk support and ongoing system maintenance, which often prevent SMBs from experiencing the benefits of corporate-grade IT services” Extending the boundaries of the office to anywhere theres Internet access ” Improving communication by letting SMBs extend access to these collaboration tools, such as document sharing, to important business partners or suppliers ” Providing full integration with Comcasts network and around-the-clock supportMicrosoft Communication Services is the first major product to be launched in conjunction with Comcasts introduction of high-speed Internet, phone and video services for small businesses across the country. Comcast is providing SMBs with the first real alternative to the local phone company for these services.Working with Microsoft to enhance our Comcast Business Class Internet demonstrates our commitment to bringing simple, time-saving tools to small businesses, said Steve Hackley, Senior Vice President of Comcasts Northern New England Region. Many of our small-business customers use stand-alone Microsoft products on their own PCs, which benefits individual employees. Now, as part of their Comcast high-speed Internet service, they can quickly schedule meetings, share a common address book, or easily share or review important documents, which benefits the entire business.Added Michael OHara, general manager for the Communications Sector at Microsoft, The alliance announced today is particularly exciting because it serves to deliver new levels of productivity and flexibility to small and medium-sized businesses across the U.S. We can now offer SMBs the business-building communication and collaboration tools they need, and Comcast is helping remove the traditional barriers that have kept SMBs from adopting these tools in a meaningful way. Small businesses present a significant opportunity for service providers offering integrated service packages. Despite advances in network infrastructure over the past decade that have improved reliability and decreased costs, businesses that dont have an extensive IT capability lack many of the tools utilized by corporate-class establishments, said Matt Davis, director of Consumer & Business Multiplay Services at IDC. Service provider offerings that provide compelling applications along with affordable pricing as part of a bundled broadband and voice solution are well positioned to garner share in the marketplace.About MicrosoftFounded in 1975, Microsoft (Nasdaq MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.About Comcast Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com(link is external)) is the nation’s leading provider of cable, entertainment and communications products and services. With 24.2 million cable customers, 12.9 million high-speed Internet customers, and 4.1 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.Comcast’s content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, AZN Television, PBS KIDS Sprout, TV One, Comcast SportsNet and Comcast Interactive Media, which develops and operates Comcast’s Internet business. Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.last_img read more

Green Mountain Coffee sells direct customer support in Northeast to Pine State Trading

first_imgPine State Trading Co, and the Specialty Coffee Business Unit of Green Mountain Coffee Roasters, Inc (NASDAQ: GMCR), announced today that the companies have entered into an asset purchase agreement through which GMCR will transition direct customer support in its northeast region, including responsibility for sales representation, order management, delivery and equipment service, to Pine State Trading. The transaction is expected to close as of September 13, 2010. Terms of the agreement, which are not material to GMCR, were not disclosed. Since we first began our wholesale business, GMCR has maintained a direct store distribution model in the northeast region of the United States Since we first began our wholesale business, GMCR has maintained a direct store distribution model in the northeast region of the United States, said Scott McCreary, president of the Specialty Coffee Business Unit of GMCR. Changing customer requirements led us to conclude it was time to transition the region to a more scalable distributor-based model consistent with the way we operate nationally and in Canada.McCreary continued, With its strong reputation for customer service in the region, Pine State Trading is an ideal partner for us, our customers, and our employees as we make this change. Together, we ll work to ensure a seamless transition for customers. We look forward to welcoming current GMCR customers and employees into the Pine State family, said Paul Cottrell, president of Pine State Trading Co. We expect our strong, existing relationship with GMCR and many of its customers will help to facilitate a smooth transition of its Regional Operations Centers business and customer support to Pine State Trading.GMCR currently operates regional operations centers in Southington, Conn.; Biddeford, Maine; Wilmington, Mass.; and Latham, N.Y. As part of the agreement, Pine State Trading will assume those operations.Following completion of GMCR s acquisition of Diedrich Coffee, Inc. on May 11, 2010, GMCR employed approximately 2,100 full-time employees in the U.S. and Canada through its Specialty Coffee and Keurig business units. GMCR expects 121 GMCR employees will be affected by the transition to Pine State Trading. The majority of those employees will either continue employment with GMCR or be offered employment with Pine State Trading upon closing of the transaction in accordance with the terms of the purchase agreement.Green Mountain Coffee Roasters Inc. Forward-Looking StatementsCertain statements contained herein are not based on historical fact and are forward-looking statements within the meaning of the applicable securities laws and regulations. Generally, these statements can be identified by the use of words such as anticipate, believe, could, estimate, expect, feel, forecast, intend, may, plan, potential, project, should, would, and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Owing to the uncertainties inherent in forward-looking statements, actual results could differ materially from those stated here. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the successful integration of its acquisition of Diedrich Coffee, Inc., as well as other risks described more fully in Green Mountain Coffee Roasters, Inc. s filings with the SEC. Forward-looking statements reflect management s analysis as of the date of this press release. Green Mountain Coffee Roasters does not undertake to revise these statements to reflect subsequent developments, other than in its regular, quarterly earnings releases.About Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR)As a leader in the specialty coffee industry, Green Mountain Coffee Roasters, Inc. is recognized for its award-winning coffees, innovative brewing technology, and socially responsible business practices. GMCR s operations are managed through two business units. The Specialty Coffee business unit produces coffee, tea and hot cocoa from its family of brands, including Green Mountain Coffee®, Newman s Own® Organics coffee, Tully s Coffee®, Timothy s World Coffee®, and Diedrich Coffee®. The Keurig business unit is a pioneer and leading manufacturer of gourmet single-cup brewing systems. K-Cup® portion packs for Keurig® Single-Cup Brewers are produced by a variety of licensed roasters and brands, including Green Mountain Coffee, Tully s Coffee, Timothy s, and Diedrich. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in Fair Trade Certified ¢ coffee, and donating at least five percent of its pre-tax profits to social and environmental projects. Visit www.gmcr.com(link is external) for more information.GMCR routinely posts information that may be of importance to investors in the Investor Relations section of its web site, including news releases and its complete financial statements, as filed with the SEC. GMCR encourages investors to consult this section of its web site regularly for important information and news. Additionally, by subscribing to GMCR s automatic email news release delivery, individuals can receive news directly from GMCR as it is released.About Pine State Trading, Co.Pine State Trading Co. is a leading full-service wholesale distributor to convenience stores throughout the Northeast and the largest beer, wine and spirits distributor in the State of Maine. Pine State is a third generation family owned business that has been in operation for almost 70 years. Currently employing over 700 people, Pine State Trading Co. has extensive experience in sales, marketing, warehousing and delivery systems; and uses cutting-edge technology to maximize productivity and customer service to their over 5,000 accounts. Visit www.pinestatetrading.com(link is external) for more information.  Source: AUGUSTA, Maine & WATERBURY, Vt.–(BUSINESS WIRE)- GMCR. 6.14.2010last_img read more

State Department to host ribbon-cutting Friday for Vermont Passport Agency

first_imgUnder Secretary of State for Management Patrick F Kennedy will host a ribbon-cutting ceremony on Friday, March 4, at 2 pm to mark the official opening of the Vermont Passport Agency in St Albans. Invited guests include the Deputy Assistant Secretary for Passport Services Brenda S. Sprague, members of Congress, state and local officials, community leaders, and members of the media.Americans with urgent travel plans will be able to apply in-person at the Vermont Passport Agency, where passport books and passport cards will be issued onsite, alleviating the need for applicants to travel to Boston for emergency services. The new agency will occupy the first floor of the historic St. Albans Federal Building, which formerly served as the city’s post office and customs house. Original brass postal boxes and two large murals painted by artist Philip von Saltza in 1939 remain on display for passport customers to enjoy.Funded by the American Recovery and Reinvestment Act of 2009, the Vermont Passport Agency is located at 50 South Main Street. Nearly 20 employees will staff the agency, which is projected to issue 15,000 passports during its first year of operation, serving more than 2,500 customers onsite.The Western Hemisphere Travel Initiative introduced new travel document requirements that increased passport demand and demonstrated the need to expand the passport network into previously underserved areas. Over the next few months, the Department of State will open passport agencies in San Diego, California; El Paso, Texas; and Atlanta, Georgia. In 2010, a new agency was opened in Buffalo, New York, and public counters were added at existing passport centers in Portsmouth, New Hampshire and Hot Springs, Arkansas.Travelers with urgent travel requirements may schedule an appointment at the Vermont Passport Agency or other regional passport agencies by calling 1-877-487-2778 or visiting www.travel.state.gov(link is external).last_img read more

Jobs bill moving; All Dems committee upsets GOP

first_imgby Anne Galloway, www.vtdigger.org(link is external) April 29, 2011 The buck stops with the Senate Finance Committee. Two major bills are under consideration in the money committee ‘ H.56, the energy bill, and H.287, the jobs bill ‘ and both come with sticky language that senators were trying to make sense of on Thursday.The energy bill contains two troublesome provisions: 1. The governor’s proposal for raising $2.7 million to shore up the Clean Energy Development Fund; and 2. The propane consumer bill passed by the House that limits certain fees on the sale of the gas. Neither issue was resolved on Thursday, but Sen. Ann Cummings, D-Washington, said she had been told that the bill had to be out of committee by 1 p.m. on Friday.The jobs bill is also complicated ‘ and on a fast track. On Thursday, Senate Finance took testimony on several facets of the kitchen-sink economic development legislation, including potentially controversial tweaks to the neighborhood designation program and the Vermont Employment Growth Incentive.The Shumlin administration has asked the Legislature to give incentives to developers who want to build housing in downtowns or ‘growth areas.’ Under the proposed rules, developers could apply for the designation with the blessing of a municipality. The defining requirement of the program that developers would be obliged to comply with is a high level of housing density. (There are a number of other ‘smart-growth’ criteria developers would have to meet as well, including construction of pedestrian walkways.) In exchange, developers wouldn’t have to pay a land gains tax on the transfer of the undeveloped land, and the permitting process under Act 250 and municipal zoning rules would be waived. Winooski’s downtown and Severance Corners in Colchester are two examples of projects that have won the designation.Lawrence Miller, secretary of the Agency of Commerce and Community Development, said the state needed a way to encourage developers to build in Vermont’s downtowns.‘This is a subtle change,’ Miller said. ‘It’s less burdensome for municipalities and for the developers who work in partnership to make these happen.’Another proposal in the jobs bill is a ‘lookback’ provision that would allow companies to change their applications to the Vermont Employment Growth Incentive program. In order to qualify for a cash grant through VEGI, companies must meet overall hiring targets for a two-year period. The jobs bill proposal would set up new criteria for the program. Under the provision, the Vermont Economic Progress Council would be permitted to consider applications from businesses already enrolled in the program that have had layoffs and have rehired the same employees for significantly different work.‘This allows the council, in limited circumstances, to consider applications from businesses that are reinventing themselves or significantly changing what they’re doing,’ Miller said.The VEGI bill is set to sunset next January. The legislation would extend that deadline to July 1, 2012, so that lawmakers have time to change the program if they so wish next session.All Dems committee upsets GOPWell, the squabble happened as predicted. Republican lawmakers sought to place one of their own on the health care conference committee set to work out differences on H.202, but no dice ‘ even after they threw the rule book at House Speaker Shap Smith.The speaker was not about to appoint a naysayer to the committee, which, as one observer noted, is supposed to be about presenting the House position on the big health care reform bill ‘ not espousing a partisan stance. The rhetorical question posed was, ‘Why would you put someone on the committee who hates the legislation?’Smith said the decision came down to whether there was a single GOPer who voted for the bill, and the answer was: uh, no. The whole point of the conference committee, according to several observers, is to negotiate with the Senate ‘ not create an opportunity for tri-party bickering (lawmakers had their chance on the floor of the House when the bill was originally considered back in March).On Thursday, Smith named Rep. Mark Larson, D-Burlington, chair of the House Health Care Committee; Rep. Michael Fisher, D-Lincoln, vice chair of the House Health Care Committee; and Rep. Sarah Copeland-Hanzas, D-Bradford, also a member of the committee and the Democratic leadership team, to the conference committee.On the Senate side, members of the conference committee will be Sen. Claire Ayer, D-Addison; Sen. Sally Fox, D-Chittenden; and Sen. Kevin Mullin, R-Rutland. All three sit on the Senate Health and Welfare Committee.The Health Care Conference Committee is meeting Friday at 9 a.m. in Room 10.Meanwhile, pressure is building from single-payer advocates to change two provisions of H.202. The group Vermont for Single Payer is asking activists to call lawmakers to block a change to the bill that allows a carve-out for military personnel. They are also seeking to revoke language that would preclude foreigners from medical treatment under Green Mountain Care.The Vermont Workers’ Center is holding its annual Health Care is a Human Right/May Day rally on Sunday, starting with a march from Montpelier City Hall to the Statehouse steps where Sen. Bernie Sanders will join the crowd at noon. Hundreds of Vermonters have rallied around the single-payer flag in past years.Go and sin no moreThe House passed the so-called ‘recidivism’ bill on Thursday. The legislation allows the Department of Corrections to implement measures to keep ‘nonviolent’ offenders out of jail ‘ and save the state money.In a 12-year period, from 1996 to 2008, the cost to keep the state’s inmates in jail more than doubled, from $48 million to $130 million.House Republicans fought the bill on the grounds that the legislation gives too much power to the executive branch.Rep. Heidi Scheuermann, R-Stowe, said though she understands the economic imperative, she believes allowing the Department of Corrections to put a nonviolent criminal on furlough undercuts judges’ decisions.‘When is a judge’s decision a decision?’ Scheuermann asked. ‘I fear, as I’ve been sitting here this year in particular, that we are abdicating our responsibility as the legislative branch and providing expanded authority to the executive branch. And now we’re doing it with the judicial branch.’The bill also raised questions about an incident on Tuesday in which Jeffrey R. Davis, who is on furlough, led police on a high-speed chase in Washington and Orange counties and damaged police cruisers. Police shot at his vehicle. Davis eventually gave up and now faces aggravated assault charges.Rep. Alice Emmons, D-Springfield, told lawmakers that Davis wouldn’t have qualified for a furlough under S.108, the recidivism bill, because he was a violent offender. Davis was granted a furlough on conditions because he met his minimum sentence. Several weeks ago he didn’t meet the conditions of his release and the Department of Corrections was looking for him when law enforcement tracked him down.Rep. Bob Lewis, R-Derby, said he thought the recidivism bill would put an ‘undue burden’ on law enforcement officials. ‘Direct me to where it says anyone on furlough has a place to live and a job,’ Rep. Topper (Frances) McFaun, R/D-Barre, said, ‘In my experience, whether a prisoner is on furlough or parole, if you don’t have a place to live and you don’t have a job, your chances of succeeding are minimal.’The bill passed, 102-32. Anne Galloway is editor of vtdigger.orglast_img read more

On the Blogs: ‘Teenage’ Coal Plants Are Being Retired Too

first_imgOn the Blogs: ‘Teenage’ Coal Plants Are Being Retired Too FacebookTwitterLinkedInEmailPrint分享Coal Wire:Whether in Italy, the US or the Netherlands, the trend to the retirement of teenaged coal plants — or even younger in the case of one of Luminant’s Sandow units — is something new. In the space of a month, three separate announcements have slated 6600 MW of young coal plants to be closed long before their technical life is over.Where once the life of a coal plant of 40 years or more was determined by what physical shape the plant was in, political and economic factors are fast emerging as the key determinants of how long they will run.Two of the key drivers for long plant life — a stable pro-coal political climate and favourable economics — are evaporating fast. The politics of climate change are shifting, often across the political spectrum, with support for phasing out coal plants growing rapidly. The plummeting cost of renewable generation is making running existing coal plants ever more marginal.A series of announcements over the last few weeks suggests that the storyline that only old coal power plants are being closed down is rapidly becoming redundant as plants that are barely teenagers are being targeted for closure.Last week the Italian Government announced it will close all 8980 megawatts (MW) of its coal power plant capacity by 2025. The government’s new energy strategy is not due to be publicly released until November 7, so it is still possible the devil may be in the detail. However, with nearly all of the plants reliant on imported coal, Italy’s decision is yet another hit for thermal coal exporters.While Italy’s announcement is big news in itself, even more remarkable is that the 1980 MW Torrevaldaliga Nord power station in Rome province, the three units of which were only commissioned in 2009 and 2010, will be closed before it has even been running for 16 years.Earlier this year Climate Analytics, a consultancy firm, put together a list of the top 20 plants in the European Union that would have to close to have a chance of meeting the Paris Agreement climate targets. Climate Analytics suggested that, at best, the Torrevaldaliga Nord power station might be closed by 2029 and, at worst — under a “business as usual” scenario — by 2061.Another plant on Climate Analytics’ high priority list for shutting down is Enel’s coal-fired 2640 MW Brindisi Sud power station, which was commissioned between 1991 and 1993. However, the consultancy expected that the plant would operate until sometime between 2028 and 2044. Now the plant will be closed before it makes it to 35 years old.While the life span of coal plants varies, well-maintained plants are commonly expected to last for at least 40 years and — with major upgrades — can even stagger on until they are well over 50 years old. The Hazelwood plant in Australia, which closed earlier this year, was 52 at the time it was shut down. According to CoalSwarm’s global coal plant database, the average age of US coal plants at the time of retirement is 53 years. In India, the Central Electricity Authority expects key coal plant components to last for just 25 to 30 years.While the norm may have been for coal plants to run for decades longer than their original design life, that may be changing rapidly.Two weeks ago, the Texas-based utility Luminant announced that it plans to close its 1182 MW Sandow plant in mid-January 2018, after Alcoa paid out the remainder of its power purchase agreement.The plant, which comprises two operating units, originally supplied electricity for Alcoa’s Rockdale aluminium smelter under a binding contract which was set to run until 2038. However, after the closure of the smelter in 2008, Alcoa sold power into the deregulated Texas market. When new renewable and gas generation came onstream, this became a losing strategy.Luminant stated rather euphemistically that the Sandow plant was “economically challenged.”To break its contract, Alcoa agreed to pay Luminant US$237 million and transfer 30,000 hectares of land to compensate the utility for lost income.Even so, it was a good deal for Alcoa. In announcing the settlement, Alcoa stated it would be US$60–70 million a year better-off after closing the plant.More: Rejected teenagers: the trend of closing young coal plantslast_img read more

Pennsylvania State Grants: $5,000 for Every New Solar Job

first_img FacebookTwitterLinkedInEmailPrint分享Pittsburgh Business Times:The program is an initiative of the Pennsylvania Department of Community and Economic Development, the Pennsylvania Department of Environmental Protection and the Commonwealth Financing Authority.The program will now allow for grants of up to $5,000 or loans of up to $40,000 for each solar-manufacturing job created over three years for companies that make solar panels and equipment. It would also provide loans for companies that install solar energy projects for their own use. The funding is available to businesses, economic development organizations, cities, counties or school districts.“Developing new renewable energy sources including solar is critical to ensuring Pennsylvania has a balanced and diverse energy mix that maintains our position as a major energy-producing state,” Gov. Tom Wolf said in a statement.More: State’s solar energy program adds back grants Pennsylvania State Grants: $5,000 for Every New Solar Joblast_img read more

EIA: Coal’s market share to fall to 26% of U.S. generation in 2019

first_imgEIA: Coal’s market share to fall to 26% of U.S. generation in 2019 FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):The U.S. Energy Information Administration expects electricity production in the U.S. will increase from an average of 11.05 million MWh/d in 2017 to 11.47 million MWh/d in 2018, before falling 2.1% in 2019 to 11.23 million MWh/d. That production forecast drop is steeper than the 1.7% decline forecast for 2019 in the October report.The federal agency, in its latest “Short-Term Energy Outlook” released Nov. 6, said natural gas-fired generation is expected to increase its share of the country’s utility-scale electricity mix from 32% in 2017 to 35% in 2018 and then to 36% in 2019. Coal-fired generation is expected to average 28% in 2018 and 26% in 2019, down from 30% in 2017. Nuclear power’s share will average about 19% in 2018 and in 2019, down from 20% in 2017.The EIA expects wind, solar and other non-hydropower renewables to provide more than 10% of the generation mix in 2018 and nearly 11% in 2019, in comparison to slightly less than 10% in 2017.“Solar electricity generation remains the fastest-growing renewable energy source,” EIA Administrator Linda Capuano said in an accompanying statement. “The data suggest that the solar industry is increasing its use of solar [photovoltaic] tracking systems because revenues from the tracking systems more than offset their increased costs, when compared to fixed-tilt panels.”Hydropower’s generation share in 2017 was 7%, and the EIA forecasts that the figure will remain about the same through 2019.More ($): EIA forecasts US generation to fall 2.1% in 2019last_img read more