Texas Coal Plant at Risk of Shutdown Has Lost Half Its Appraised Value FacebookTwitterLinkedInEmailPrint分享Goliad (Texas) Advance Guard:The merger announcement Oct. 30 between Coleto Creek Power Plant owner Dynegy and the Vistra company has raised questions about the future of the plant.Fears that it might be sold, closed – or both – stem from Vistra’s history of closing its coal-powered power plants.Seventeen days before the two companies announced their intention to merge, Vistra announced it was closing three of its coal-powered plants – in Austin, Houston and East Texas.Vistra CEO Curt Morgan reportedly blamed the decision on wholesale power prices, an oversupply of renewable generation and low natural gas prices.Analysts note the difficulty in today’s wind-farm and solar-panel environment for any coal-powered plant to see a profit.Earlier this year, in a research analysis entitled “The Beginning of the End,” The Institute for Energy Economics and Financial Analysis (IEEFA) noted that “Fundamental changes in the Texas electricity market are putting coal-fired power plants under increasing economic and financial stress, including:Natural gas becoming competitive because of its price collapse.Increased competition from wind- and solar-generating facilities.New public and environmental regulations.“These circumstances,” the report says, “have combined to undermine the profitability of the companies and public power utilities and power agencies which own coal-fired power plants.”The Coleto Creek plant is among seven coal-fired plants in Texas the IEEFA lists as “at risk.”Miller notes that since 2007, “we have seen a general decline in the value of the power plant.”In 2006, the appraised value was $290,468,000. In 2018, the value is $155,000,000 – a drop of 47 percent.Should the plant close, Miller says, the immediate effect would be a loss of $3.4 million to that tax base.Broken down, the loss to the county would be $1.2 million, and to Goliad Independent School District, $1.9 million.“The loss of the plant would have serious repercussions for the community as a whole,” Miller says. “Some serious choices would have to be made. Many don’t realize that Coleto Creek is an integral part of the community.”Nothing immediate is expected because the planned merger is not expected to be finalized until spring, if then.More: No change to power plant status until spring
The members of an LGBT (lesbian, gay, bisexual and transgender) community in Manado, North Sulawesi, have joined hands to raise funds and distribute relief aid to those affected by the local COVID-19 outbreak.”A friend told us about the condition of residents who had been hit hard by the epidemic. Some residents even asked us to buy some food for them,” LGBT activist Rajawali Coco told The Jakarta Post on Sunday in Manado.So the community decided to start a fund-raiser on Facebook to buy basic goods for distributing to people in need. The initiative has received positive responses, especially from friends, families and colleagues.Coco said that the community raised Rp 7 million (US$451) in cash transfers as soon as they started the fund-raiser.On the first day of distribution shortly after receiving the donated funds, it delivered 10 packages of staple foods containing rice, cooking oil, canned fish, instant noodles and fresh eggs to 10 affected families.”We are not [rich], in fact, we are also in need. However, we would like to share with those who have been affected by this difficult situation,” said Coco.He recalled how the story of an elderly woman who lived alone in a shack in Pineleng, Minahasa, went viral after members of the LGBT community visited to deliver some food to her. The viral post eventually caught the eye of the North Sulawesi Social Agency, which then visited the women to deliver aid.As the community continued to receive donations from people of all walks of life, they drew up a list of people in need, especially the elderly and people who had not received any aid, said Coco.”We have distributed the [donated funds] in the form of 50 packages of basic goods so far,” he said. “The last 58 packages will be distributed on April 25,” Coco said, adding that the fund-raiser was inclusive and nondiscriminatory, regardless of the donor’s social or economical background. (trn)Topics :
Government That Works, Infrastructure, Press Release, Restore Pennsylvania Harrisburg, PA – Community leaders in Allegheny County say Governor Tom Wolf’s Restore Pennsylvania aggressive infrastructure investment plan will help the region thrive.“Restore Pennsylvania is consistent with what we are trying to accomplish in our communities. From disaster recovery, to stormwater and green infrastructure projects, and removal of blight and redevelopment of neighborhoods, we all struggle with the same challenges,” Bellevue Mayor Emily Marburger, Braddock Mayor Chardaé Jones, Sharpsburg Mayor Matthew V. Rudzki and Wilkinsburg Mayor Marita Garrett said jointly in a letter to the General Assembly from the Millennial Mayors of Allegheny County. “We can think of no other effort as bi-partisan as improving Main Street without raising taxes on citizens. On behalf of our communities, our generation, and all Pennsylvanians, we strongly encourage you to support Restore Pennsylvania.”Their support was echoed by the borough council of Castle Shannon and the city council of Pittsburgh, which each passed a resolution formally supporting Gov. Wolf’s Restore Pennsylvania initiative. Pittsburgh Mayor William Peduto submitted a letter to the Allegheny County Delegation and General Assembly asking them to “consider seriously how this proposal can help everyday Pennsylvanians.”“As a mayor, I understand that the challenges in front of public officials are as tough as they have ever been,” Peduto wrote. “Let’s build on our natural strengths, invest in our people, and Restore Pennsylvania, together.”In a letter to Allegheny County Delegation Members, County Executive Rich Fitzgerald made note of the economic turnaround of the region while calling for the responsible development of the natural gas industry.“As companies continue to extract natural resources from under our feet, it’s only appropriate that they also help us invest in our infrastructure,” he wrote. “I wholeheartedly support this proposal from Governor Wolf and encourage your support of the same.”Gov. Wolf visited several communities in Allegheny County that were devastated last year by flooding and mudslides including Bridgeville and Carnegie. He also visited Pitcairn to discuss blight remediation, broadband access expansion and green infrastructure creation. These issues will be addressed with Gov. Wolf’s Restore Pennsylvania plan.“It’s no secret that Pittsburgh and Allegheny County are in the midst of a renaissance,” said Gov. Wolf. “Through initiatives like high-speed internet access expansion and blight remediation, Restore Pennsylvania will build on the momentum of the region’s growing economy while extending that economic growth to communities that are still struggling.”Restore Pennsylvania is a statewide plan to aggressively address the commonwealth’s vital infrastructure needs. Funded through a commonsense severance tax that the Independent Fiscal Office has determined will be primarily paid for by out-of-state residents, Restore Pennsylvania is the only plan that will help make Pennsylvania a leader in the 21st century.View the full Restore Pennsylvania plan. May 07, 2019 SHARE Email Facebook Twitter Allegheny County Leaders Agree: Gov. Wolf’s Restore Pennsylvania Infrastructure Plan Will Help Region Thrive
RelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance Club’s server collapses over ticket demand for first Bundesliga game in 11 years FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Players of Borussia Dortmund and Hertha Berlin went down on one knee ahead of their Bundesliga game on Saturday.Their action was a tribute to George Floyd, an unarmed black man whose death in US police custody has triggered protests around the world. Both teams gathered around the centre circle and knelt ahead of their league game, which was being played in an empty Signal Iduna Park stadium in Dortmund due to the COVID-19 pandemic.The coaches and their staff on the benches also joined in.Earlier this week the German Football Association (DFB) ruled that players were free to show their support for protests over the death of Floyd.Several players last week lifted their shirts to show messages in support of the protests.The DFB said it would take no action against symbols of solidarity with the protests in the US and across the world. The protests have been sparked by the May 25 killing of Floyd in Minneapolis after a white officer detaining him knelt on his neck for nearly nine minutes as fellow officers stood by.Reuters/NAN.Tags: Borussi DortmundBundesligaCOVID-19George FloydHertha Berlin
Share Peter Mares: Going Native… How Playtech is helping the industry stay ahead of the Apple curb August 6, 2019 Share Related Articles The Motorsport Network has unveiled what it hopes will add a completely new dimension to the motor racing fan experience, with the launch of its fresh Pit Stop Betting business.Through the launch of its app across both the App Store and Google Play, Pit Stop Betting states a goal of redefining the sport for its fans via a unique and tailored approach.One such example of this is through the offering of a variety of event-by-event betting cards, providing a constant array of opportunities to speculate on numerous motorsport event outcomes.This is added to by appealing payout terms, an engaging user interface and an all round emphases on user engagement, entertainment and rewards. Simon Vumbaca, Pit Stop Betting’s co-founder, commented: “In conceiving our new products, Pit Stop Betting’s first and fundamental consideration is that motorsport fans are distinct from broader sports fans.“We have designed the app to reflect motor racing with fast and clear outcomes and the unique characteristics of individual events. That’s why we’ve created something that is simple to use, puts the emphasis on the inherent fun of motor racing and provides rewarding entertainment in a responsible way.”At launch Pit Stop Betting will offer cards across ten motorsport series’, in circuit racing on two and four wheels in addition to rally and rallycross, with further expansion drives planned in the near future.Amongst the plans are aims to offer more motorsport categories, branching into different jurisdictions and creating “revolutionary new betting formats” that could appeal across a number of sports in general.Zak Brown, Motorsport Network’s Chairman, added: “The Pit Stop Betting app adds another dimension to our portfolio of products and services for the motorsport fan.“But more importantly, this radical new app with its focus on ‘rewarding entertainment’ will set new standards not just for motorsport, but I believe more broadly for sports betting in general with its refreshingly fun and demystified approach to betting.” Submit Apple delays igaming ‘Native iOS’ enforcement March 31, 2020 Sue Yoxall: Keeping up to date with technology advancement August 2, 2019 StumbleUpon
Ghana’s Sulemanu Tetteh will be representing the country in this year’s Olympics Games boxing tournament in Japan after he grabbed a ticket by placing 3rd in the African qualifying tournament on Friday in Dakar, Senegal.Tetteh, who is the captain of the Black Bombers team, managed to get a 4-1 decision over Juliano Marina of Mozambique in the men’s flyweight playoffs.Across three rounds, Tetteh managed to land some good punches and use his experience to get the result. He won the first and third rounds and that helped him get the decision going his way.Tokyo 2020 will be Tetteh’s second Olympic Games after he took part in the 2012 Games in London.He will hope that his team mates- Samuel Takyie, Samed Shakul and Jesse Lartey- will also win their playoff bouts on Saturday so they can also book places in the Tokyo 2020 Games.