Fresh Doubts on Viability of Galilee Basin Becoming a Supplier of Coal to India

first_img FacebookTwitterLinkedInEmailPrint分享From World Coal:New analysis from the University of Queensland (UQ) has thrown into doubt the long-term viability of delivering Galilee Basin coal to India. According to UG Global Change Initiative Researcher, Lynette Molyneaux, the economic profile of many of India’s energy-poor states is unsuited to supporting coal-fired power.The research calculates the costs of supplying Galilee Basin coal to new coal-fired power plants in one such state – Bihar in northeast India on the border with Nepal. The costs included a percentage of the amount required to buy and develop the Abbot Point coal terminal, as well as projected costs to ship the coal to the Indian port of Paradip and then rail it from Paradip to Bihar. This was then compared to the costs involved in deploying a decentralised micro-grid in the same region.“We estimate it would cost about US$94/t to deliver Galilee Basin coal to Bihar,” said Molyneaux. “Overall, we found that it would cost about US$29 billion over 20 yr to supply even a modest amount of electricity to each household in Bihar.”“The elephant in the room for proponents of coal-fired power to relieve energy poverty for the rural, agrarian poor is that remote rural locations have little or no industry to underwrite the costs of electrification,” Molyneaux concluded. “Coal-fired power stations are not designed to run for just a few hours a night, which is what the 15.8 million households in Bihar need to light their homes and charge their mobile homes.”As an alternative model, Molyneaux points to the solar panels installed on people’s homes in Bangladesh, which have reduced the use of noxious fuels and provided employment for up to 100 000 people. The research – ‘Rural Electrification in India: Galilee Basin Coal versus Decentralised Renewable Energy Micro-Grids’ – is published in the April issue of Renewable Energy.The UQ research is by no means the only one to questions the Galilee Basin developments. More harmfully, the financial community has also raised questions over the commercial viability of projects in the Galilee Basin –which include Adani Mining’s Carmichael project and GVK Hancock’s Alpha and Kevin’s Corner projects.In August, Australia’s Commonwealth Bank resigned as the financial advisor to the Carmichael project as it was “finding it increasingly difficult to justify its involvement in a project which was both harmful to the environment and commercially infeasible,” according to a December 2015 note from BMI Research.This was a significant blow, according to BMI Research, which described the situation as “grim”. Without the support of an Australian bank, which foreign banks rely on to do the necessary due diligence and for on-the-ground knowledge and expertise, Adani is unlikely to be able to secure sufficient for the US$16.5 billion project: a briefing from the IEEFA’s Tim Buckley noted last September that the project was “increasingly unbankable” with fifteen of the world’s largest financial houses having either ceased or ruled out involvement.“The Carmichael project is far from financial close and the first commercial coal remains and remote prospect,” concluded Buckley. Similar problems face GVK Hancock, which is also yet to secure funding for its Galilee Basin projects.“The prospects for further coal production in Australia remains grim due to the environment of persistently low coal prices and the increased reliance of India and China on their domestic thermal coal production to fuel their thermal power plants,” concluded BMI Research, which expects the country’s production to reach 498 million t by 2019 – only slightly higher than the 481 million t forecast in 2016.Research continues to question financial viability of Galilee Basin coal projects Fresh Doubts on Viability of Galilee Basin Becoming a Supplier of Coal to Indialast_img read more

Duke Energy sends linemen to help restore Florida power

first_imgPinellas County, Fl. — About 630 Duke Energy Indiana workers are in Florida working to restore power to millions in the dark. Experts say the operation could be the most extensive difficult in history. In many cases the electrical infrastructure will have to be completely reconstructed.“Because we’re a large utility in multiple areas of the country, we can deploy our crews from non-impacted areas  to storm-damaged areas and restore power to our customers more quickly,” said Melody Birmingham-Byrd, Duke Energy Indiana state president. “Many of these workers are seasoned veterans, having worked in numerous storm restoration efforts.”The crews arrived in Pinellas County, Florida Sunday and are preparing to be dispatched as soon as damage assessments are complete.last_img

Betty A. Young

first_imgBetty A. Young, 88, passed away on Saturday, December 7, 2019 at Morning Breeze Nursing Home.Born, April 15, 1931 in Oldenburg, she was the daughter of Mathias A. “Matt” and Cleopha C. (Bedel) Werner.Betty was a homemaker.  She was most known for her baking and sewing.  She had worked for Decatur County Memorial Hospital, Margaret Mary Hospital, the Sherman House, and most recently Wal-Mart.She was a member of St. Mary’s Catholic Church in Greensburg.She was married to Albert E. Young on September 16, 1950 and he preceded her in death on June 6, 2007.Betty is survived by 5 sons; Lawrence (Delores) Young, Edward (Cindy) Young, Anthony Young, Mark (Lorie) Young, Francis (Diana) Young, all of Greensburg, 3 daughters; Ruth (Larry) Rudolf, Mooresville, Mary Jane Scheidler, Greensburg, Esther (Larry) Lamport, Greenfield, 4 brothers; Virgil Werner, Kenny Werner, Uriel “Huey” Werner, Charles Werner, 9 sisters; Sr. Cleopha Werner, Theresa (Jim) Nobbe, Dodie (John) Amberger, Mary (Ray) Merkel, Marty (James) Doll, Regina Lowe, Rita (Francis) Meyer, Carol Schwegman, Ellie (Albert) Amberger, 16 grandchildren, and 30 great grandchildren.She was preceded in death by her parents, husband; Albert Young, son; Harry Young, 2 brothers; Albert Werner, and Jake Werner, sister; Lorene Loretta Brancamp, and 2 granddaughters; Kayla and Ladon Young.Visitation will be held from 4-8:00 p.m. Friday, December 13, 2019 at Porter-Oliger-Pearson Funeral Home in Greensburg with a rosary service starting at 7:30 p.m.Funeral Services will be held at 9:00 a.m. on Saturday, December 14, 2019 at St. Mary’s Catholic Church in Greensburg with Rev. John Meyer officiating.Burial will follow at St. Mary’s Catholic Cemetery in Greensburg, Indiana.Memorials can be made to St. Mary’s Church or to have a Mass in Betty’s honor.Online condolences can be made to the family at www.popfuneralhome.comlast_img read more

UAAP Starting 5: Week 5

first_imgThe big man from La Salle averaged 28.5 points and 11.5 rebounds per game, including a career performance of 39 points against University of the East.Forward: Alvin Pasaol (UE Red Warriors)This list relies heavily on numbers, and did Alvin Pasaol bring those digits.Pasaol became the highest-scoring man in the UAAP this century when he put up a career-high 49 points against the Green Archers and he followed it up with a 32-point outing against University of Santo Tomas.And Pasaol is also a reliable figure in the glass as he averaged nine rebounds a game this week together with his ridiculous 40.5 points-per-game mark.ADVERTISEMENT The first round of the UAAP Season 80 men’s basketball tournament is over, but this doesn’t mean teams get to start over with new slates.Oh no, the second round is essentially when the UAAP separates the men from the boys and did the men show up in Week 5.ADVERTISEMENT Steam emission over Taal’s main crater ‘steady’ for past 24 hours Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene It’s too early to present Duterte’s ‘legacy’ – Lacson Clue, the biggest man of the week wore red.Center: Ben Mbala (La Salle Green Archers)FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogIt’s tough to think that reigning MVP Ben Mbala is still the most dominant force in the UAAP since he put up a lackluster, by his standards, performance in La Salle’s 76-75 loss to Ateneo.Mbala, however, still featured in this list by virtue of sheer numbers—and that practically no center in the league can match up to him one-on-one. LATEST STORIES Blue Eagles enter PVL Finals, beat Tigers in 4 sets Coco’s house rules on ‘Probinsyano’ set Guard: Jerie Pingoy (Adamson Soaring Falcons)Scoring is fine and all, but helping your teammates score is probably a notch more honorable.And Jerie Pingoy became Adamson’s consummate Soaring Falcon when he recorded this season’s single-game assist mark when he dished out 10 against Far Eastern University.Oh he also was a reliable scorer for the Falcons this week as he put up an average of 10 points in their two games this week.Honorable mentionsPhilip Manalang (UE Red Warriors)Pasaol is UE’s Batman, and Philip Manalang is the Red Warriors’ reliable Robin.Manalang did not put up as gaudy numbers as his heftier teammate, but he did put up an average of 17 points in the two games UE played this week.Jerrick Ahanmisi (Adamson Soaring Falcons)If you’re wondering who benefited the most from Pingoy’s passing, then it would be Jerrick Ahanmisi. Forward: Matt Salem (NU Bulldogs)Talk about finding your rhythm.Matt Salem found himself in a four-game slump for National University where he averaged a disastrous 4.5 points a game, and in the Bulldogs’ three-game losing streak the captain put up just 3.8 points.And when the Bulldogs desperately needed a win, Salem heeded the call and fired 21 points in their 77-70 victory over University of the Philippines.Guard: Matt Nieto (Ateneo Blue Eagles)Matt Nieto is clutch. That’s that.In the first Ateneo-La Salle game of the season, Nieto showed why he’s an invaluable member of the Blue Eagles roster.If some of the players here in this list got included because of sheer numbers, Nieto became part of this because of sheer fortitude.It was Nieto who stole the inbound pass of Kib Montalbo in the dying seconds of the rivalry game and it was also him who iced Ateneo’s 76-75 win from the free throw line.Take a bow Matt. Take a bow. For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Sports Related Videospowered by AdSparcRead Next Jake says relationship with Shaina ‘goes beyond physical attraction’ Don’t miss out on the latest news and information. Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles05:07DOST-Pagasa 5 P.M. weather update, December 26, 201902:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award MOST READ OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Jake says relationship with Shaina ‘goes beyond physical attraction’ Jo Koy: My brain always wants to think funny The lanky wingman averaged 19 points a game in the Soaring Falcons’ two victories this week while shooting an even 50 percent from deep. Kiss-and-tell matinee idol’s conquests: True stories or tall tales? View commentslast_img read more