BNEF: Unsubsidized wind, solar are now the cheapest bulk generation sources

first_imgBNEF: Unsubsidized wind, solar are now the cheapest bulk generation sources FacebookTwitterLinkedInEmailPrint分享Windpower Engineering & Development:Falling technology costs means unsubsidized solar and/or onshore wind are now the cheapest source of new bulk power in all major economies except Japan, according to BloombergNEF‘s (BNEF) new 2H 2018 LCOE report. The report assesses the cost competitiveness of different power generating and energy storage technologies globally (excluding subsidies).Every half year, BNEF runs its Levelized Cost of Electricity (LCOE) analysis, a worldwide assessment of the cost competitiveness of different power generating and energy storage technologies – excluding subsidies.These are the key, high-level results:Solar and/or wind are now the cheapest new source of generation in all major economies, except Japan. This includes China and India, where not long ago coal was king. In India, best-in-class solar and wind plants are now half the cost of new coal plants.The benchmark global levelized cost for onshore wind sits at $52/MWh, down 6% from our 1H 2018 analysis. This is on the back of cheaper turbines and a stronger U.S. dollar. Onshore wind is now as cheap as $27/MWh in India and Texas, without subsidy.In most locations in the U.S. today, wind outcompetes combined-cycle gas plants (CCGT) supplied by cheap shale gas as a source of new bulk generation. If the gas price rises above $3/MMBtu, our analysis suggests that new and existing CCGT are going to run the risk of becoming rapidly undercut by new solar and wind. This means fewer run-hours and a stronger case for flexible technologies such as gas peaker plants and batteries that do well at lower utilization (capacity factor).Short-duration batteries are today the cheapest source of new fast-response and peaking capacity in all major economies except the U.S., where cheap gas gives peaker gas plants an edge. As electric vehicle manufacturing ramps-up, battery costs are set to drop another 66% by 2030, according to our analysis. This, in turn, means cheaper battery storage for the power sector, lowering the cost of peak power and flexible capacity to levels never reached before by conventional fossil-fuel peaking plants.Batteries co-located with PV or wind are becoming more common. Our analysis suggests that new-build solar and wind paired with four-hour battery storage systems can already be cost competitive, without subsidy, as a source of dispatchable generation compared with new coal and new gas plants in Australia and India.More: Onshore wind & solar lead as cheapest source of new bulk power, finds BNEFlast_img read more

India coronavirus cases pass 6 million

first_imgTopics : The virus initially hit major metropolises including the financial hub Mumbai and national capital New Delhi, but has since spread to regional and rural areas where healthcare systems are fragile and patchy.Despite the continued march of the illness, the government is unlikely to reimpose the lockdown it has gradually lifted, after the harsh restrictions battered the economy and wrecked the livelihoods of millions of people, particularly the poor.Some schools have reopened, and trains, metros, domestic flights, markets and restaurants have been allowed to operate with restrictions.Anand Krishnan, a community medicine professor at the All India Institute of Medical Sciences (AIIMS) in Delhi, said the focus should be on treating people who contract the virus.”The infection is well-entrenched in the community,” he told AFP.”The only thing that we can do is take care of people who are ill — identify them faster and treat them better. And follow the social-distancing norms. Beyond that, I don’t think there is anything specific that can be done.”Some locals AFP spoke to in Delhi said while they remained cautious, their fears about the pandemic had lessened since the start earlier this year.”I’m out of the house all day because of my work. I don’t step out of the house for anything else,” said 23-year-old medical store worker Umang Chutani.”The future is uncertain but one can only be cautious and follow all safety protocols.” Himanshu Kainthola, 61, who recovered from the virus last month after testing positive with two other relatives, said his family’s fears “have reduced substantially”.”We have made peace with it. We take the necessary precautions and invest in increasing our immunity rather than being anxious or scared of it.” Creative writing student Santosh added that the virus was now “part of our lives”.”You cannot shutdown every business, because the economy cannot collapse… COVID-19 is not going to pay the rent,” he told AFP. The nation of 1.3 billion people is home to some of the world’s most densely populated cities and has long been expected to record a large number of COVID-19 cases.India has been adding 80,000 to 90,000 fresh infections each day since it started reporting the world’s highest daily rises from late August.Prime Minister Narendra Modi on Sunday called on people to keep wearing face coverings when they venture outside of their homes.”These rules are weapons in the war against corona. They are potent tools to save the life of every citizen,” Modi said in his monthly radio address.center_img India on Monday reported the number of coronavirus cases in the country had passed six million, as the pandemic rages across the vast South Asian nation.With 6.1 million infections according to the health ministry, India is on course to pass the United States in the coming weeks as the country with the most cases. It has also recorded close to 100,000 deaths.last_img read more

Lily Valley Sharks defeat Road Stars in Roseau Valley Basketball League semi-finals

first_img 18 Views   no discussions Share Share Tweet Sharecenter_img On Thursday 20th, the Lily Valley Sharks defeated the Elvis Welding Services Road Stars by the final score of 75-72 pts. The sharks came into this game, though not playing the excellent basketball that they are capable off, but full of confidence, after an exciting best of 3 series against the R.C. Bullets, which they overcame, the previous week. The Road Stars on the other hand, had finished with the best overall record of all the teams in the league, and topped their zone, and secured a first round bye. They were on a week’s rest, before this important game. The road stars were without key players, Thomas Felix & Patrick Lafonce, while the sharks were without Ricky Toussaint, and may have also lost Earl “Jo-Bob” Matthew, who may have seem to have abandoned the team, since he has not played the last 6 games. The referees for the night were Jeff Murdock & “Mc’doe”.This loss for the Road Stars is considered an “upset”, as this should not have been. But, in basketball… or sports on a whole, anything can happen. The 1st quarter began, and it was all about the Road Stars. As usual, the Sharks had all the support, with the basketball arena filled, but with 80% of the crowd support, for the sharks. Yet, this could not help them, as the Road Stars dominated on all fronts. They closed off the quarter, leading by 8 points, 17-9. The 2nd quarter included a lot, or was identical to the same dominance of offence & defence, belonged to the Stars, although the sharks did show some signs of life in this quarter. The Stars still kept the lead all through and closed the half leading by an increased lead, this time by 11 points, 38-27. This half was not a very high scoring one, but it still belonged to the Road Stars. By the 3rd quarter, the game was more open, with the Sharks creating a lot of chances and giving themselves an excellent chance to get back into the game, and this was exactly what they did. The might, Craig St. Rose, contributed 17 points out of the Sharks 24, in this quarter. The game was still very tight and anxious as the Road Stars did not give up, but continued to work extremely hard to keep the lead. The quarter closed with the Sharks trailing by only 4 points, 55-51. The crowd was now back in it, and ready to lead their team to victory, with their support in the 4th quarter. The 4th quarter brought a lot more excitement than the opening 3. The Sharks were now back in the game, and baskets were now being traded on both ends of the court. There was a bit of panic from both teams, and supporters, as no one wanted to lose this match. This game brought back memories of the previous night when the Upper Village Hoosiers threw away a 26 point lead and loss against the Fond Canie Rebels. The same thing happened to the Road Stars as they had now thrown away their lead and were not trailing with about 4 minutes to go. The game came down to the wire, when the Stars were down by 5 pts, but a 3 pointer from Fitzgerald Daniel put them back within 2 points. But this was not enough, as the Sharks held on for a 3 point victory, and huge upset. They lead the 3 game series 1-0.Top performers for Sharks were; Craig St. Rose – 29 pts, 6 reb, asts, Clinton Charles – 13 pts, 2 asts and Lester Denis – 11 pts, 3 astsTop performers for Road Stars were; Fitzgerald Daniel – 29 pts, 7 asts, 2 stls, Julian Isles – 18 pts, 9 reb, and Javeed Joseph – 9 pts, 4 reb, 2 astsSchedule of games; Friday – 7:30 p.m. – Fond Canie Rebels vs. Upper Village Hoosiers, Saturday – 7:30 p.m. – Lily Valley Sharks vs. Elvis Welding Services Road Stars and Sunday (If Necessary) – 7:30 p.m. – Fond Canie Rebels vs. Upper Village Hoosiers.By: Edgar George NewsSports Lily Valley Sharks defeat Road Stars in Roseau Valley Basketball League semi-finals by: – April 20, 2012 Sharing is caring!last_img read more