Flexibility and Efficiency: Hard Coal And
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
RWE Supervisory Board Decides on Successions for the Executive Board of RWE AG
Press release RWE Supervisory Board decides on successions for the Executive Board of RWE AG • Dr. Markus Krebber to become Chief Executive Officer (CEO) of RWE AG as of 1 July 2021 • Dr. Michael Müller to take over as new Chief Financial Officer (CFO) of the company at the same point in time • Zvezdana Seeger appointed Chief Human Resources Officer (CHR) and Labour Director of RWE AG effective 1 November 2020 Essen, 18 September 2020 Dr. Werner Brandt, Chairman of the Supervisory Board of RWE AG: “Today, the Supervisory Board decided on the succession of positions within the Executive Board of RWE AG. This will ensure that RWE's strategic orientation, which Rolf Martin Schmitz and Markus Krebber have advanced consistently since 2016, will continue to be pursued with the utmost resolve: to position RWE as a global leader in renewable energy with the declared goal of being carbon neutral by 2040.” At the end of July this year, the Supervisory Board of RWE AG had already appointed Dr. Markus Krebber (47) CEO of RWE AG effective 1 July 2021 for a term of five years. He succeeds Dr. Rolf Martin Schmitz, whose contract expires on this date, as scheduled. At its meeting today, the Supervisory Board took further important personnel decisions in order to ensure a seamless transition of responsibilities. With Krebber taking up the CEO position, Dr. Michael Müller (49) will succeed as the Group's Chief Financial Officer (CFO) as of 1 July next year. The Supervisory Board appointed Müller to the Executive Board of RWE AG effective already 1 November 2020. -
Allianz: Frontrunner on Climate Change in Danger of Losing Ground
Allianz: Frontrunner on Climate Change in Danger of Losing Ground Briefing Paper by Urgewald and the Unfriend Coal Coalition August 2, 2017 Introduction Since 2015, Allianz has been rightfully praised for its divestment from coal. The company must now also take the next logical steps: 1. The company must cease to offer insurance services to coal companies from which it has divested share and bond holdings. 2. Recent research on financial investments shows that the Allianz investment portfolio still contains vast amounts of shares and bonds from major coal companies such as India’s NTPC or the Polish energy utilities PGE, Energa and Enea. This is in line with the Allianz divestment decision because the decision only pertains to investments the company makes on its own account. To fully exclude coal investments from its portfolio, Allianz must extend its divestment decision to funds it manages on behalf of third parties. French insurance company AXA committed to doing just that at its 2017 Annual General shareholder meeting (AGM): Exclude insurance of coal companies covered by its divestment decision and extend the divestment to funds the company manages on behalf of third parties. 3. Alliance must also cut ties with companies that do not fall under the threshold of at least 30 percent share of coal but that have massive expansion plans for coal extraction or consumption. In 2015, Allianz made history with its announcement to exclude coal companies from its portfolio. The divestment decision applies to companies that generate a minimum of 30 percent of their revenue from the sale of coal and those that use coal for at least 30 percent of their electricity generation. -
Virtual Power Plants in Competitive Wholesale Electricity Markets
Virtual Power Plants in Competitive Wholesale Electricity Markets Experience with RWE Virtual Power Plant in Germany How new business models can enable Virtual Power Plants through new energy market opportunities in US Prashanth Duvoor Siemens Smart Grid Division © Siemens AG 2012. All rights reserved. Page 1 April 18, 2013 Infrastructure & Cities Sector – Smart Grid Division Key Challenges Drive Implementation of Demand Response Programs & Virtual Power Plants Challenges Generation & network bottlenecks New market opportunities for Increasing peak load Trends distributed energy resources prices and demand response Increasing distributed & renewable generation Rising consumption © Siemens AG 2012. All rights reserved. Page 2 April 18, 2013 Infrastructure & Cities Sector – Smart Grid Division Short Overview of German Electricity Markets – before we look at the RWE VPP Example European § Standard products traded at the EEX are hourly day-ahead Energy contracts as well as bundled base and peak contracts. Exchange § Operates an intra-day market based on the same hourly EEX contracts traded in the day-ahead market. § TSOs is responsible to maintain the transmission system stability and reliability in supply (Primary, Secondary and tertiary reserve) § Primary reserve satisfy a TSOs’ demand for up/down Transmission System regulation Activation time: 30 sec, and Availability time: up Operator to 15 mins (TSO) § Secondary reserve - satisfy a TSOs’ demand for up/down regulation Activation time: 5 mins, and Availability time: 15 mins to 1 hr § Tertiary -
Pembroke Power Station Environmental Permit
Environment Agency appropriate assessment: Pembroke Power Station Environmental Permit Report – Final v 2.5 - 1 - PROTECT - Environmental Permit EA/EPR/DP3333TA/A001 Executive summary Purpose An ‘Appropriate Assessment’ (AA) as required by Regulation 61 of the Conservation of Habitats and Species Regulations (in accordance with the Habitats Directive (92/43/EEC), has been carried out on the application for an environmental permit for a 2100 MW natural gas-fired combined cycle gas turbine (CCGT) power station, near Pembroke. This Appropriate Assessment is required before the Environment Agency can grant an Environmental Permit and consider the implications of the environmental permit on the Pembrokeshire Marine / Sir Benfro Forol Special Area of Conservation (SAC) and Afonydd Cleddau / Cleddau Rivers SAC. Approach The purpose of the AA is to ensure that the granting of an environmental permit does not result in damage to the natural habitats and species present on sites protected for their important wildlife. In this sense, the AA is similar to an environmental impact assessment with special focus on wildlife of international and national importance. In technical terms an, AA is a legal requirement to determine whether activities (not necessary for nature conservation) could adversely affect the integrity of the conservation site(s), either alone or in combination with other activities, and given the prevailing environmental conditions. It is required before the Agency, as a competent authority, can grant permission for the project. An adverse effect on integrity is one that undermines the coherence of a sites ecological structure and function, across its whole area, that enables the site to sustain the habitat, complex of habitats and/or levels of populations of the species for which the site is important. -
Volkswagen AG Annual Report 2009
Driving ideas. !..5!,2%0/24 Key Figures MFCBJN8><E>IFLG )''0 )''/ Mfcld\;XkX( M\_`Zc\jXc\jle`kj -#*'0#.+* -#).(#.)+ "'%- Gif[lZk`fele`kj -#',+#/)0 -#*+-#,(, Æ+%- <dgcfp\\jXk;\Z%*( *-/#,'' *-0#0)/ Æ'%+ )''0 )''/ =`eXeZ`Xc;XkX@=IJj #d`cc`fe JXc\ji\m\el\ (',#(/. ((*#/'/ Æ.%- Fg\iXk`e^gif]`k (#/,, -#*** Æ.'%. Gif]`kY\]fi\kXo (#)-( -#-'/ Æ/'%0 Gif]`kX]k\ikXo 0(( +#-// Æ/'%- Gif]`kXkki`YlkXYc\kfj_Xi\_fc[\ijf]MfcbjnX^\e8> 0-' +#.,* Æ.0%/ :Xj_]cfnj]ifdfg\iXk`e^XZk`m`k`\j)()#.+( )#.') o :Xj_]cfnj]ifd`em\jk`e^XZk`m`k`\j)('#+)/ ((#-(* Æ('%) 8lkfdfk`m\;`m`j`fe* <9@K;8+ /#'', ()#('/ Æ**%0 :Xj_]cfnj]ifdfg\iXk`e^XZk`m`k`\j) ()#/(, /#/'' "+,%- :Xj_]cfnj]ifd`em\jk`e^XZk`m`k`\j)#,('#),) ((#+.0 Æ('%. f]n_`Z_1`em\jkd\ekj`egifg\ikp#gcXekXe[\hl`gd\ek),#./* -#..* Æ(+%- XjXg\iZ\ekX^\f]jXc\ji\m\el\ -%) -%- ZXg`kXc`q\[[\m\cfgd\ekZfjkj (#0+/ )#)(- Æ()%( XjXg\iZ\ekX^\f]jXc\ji\m\el\ )%( )%) E\kZXj_]cfn )#,-* Æ)#-.0 o E\kc`hl`[`kpXk;\Z%*( ('#-*- /#'*0 "*)%* )''0 )''/ I\klieiXk`fj`e I\kliefejXc\jY\]fi\kXo (%) ,%/ I\kliefe`em\jkd\ekX]k\ikXo8lkfdfk`m\;`m`j`fe *%/ ('%0 I\kliefe\hl`kpY\]fi\kXo=`eXeZ`XcJ\im`Z\j;`m`j`fe -.%0 ()%( ( @eZcl[`e^mfcld\[XkX]fik_\m\_`Zc\$gif[lZk`fe`em\jkd\ekjJ_Xe^_X`$MfcbjnX^\e8lkfdfk`m\:fdgXepCk[% Xe[=8N$MfcbjnX^\e8lkfdfk`m\:fdgXepCk[%#n_`Z_Xi\XZZflek\[]filj`e^k_\\hl`kpd\k_f[% ) )''/X[aljk\[% * @eZcl[`e^XccfZXk`fef]Zfejfc`[Xk`feX[aljkd\ekjY\kn\\ek_\8lkfdfk`m\Xe[=`eXeZ`XcJ\im`Z\j[`m`j`fej% + Fg\iXk`e^gif]`kgclje\k[\gi\Z`Xk`fe&Xdfik`qXk`feXe[`dgX`id\ekcfjj\j&i\m\ijXcjf]`dgX`id\ekcfjj\jfegifg\ikp#gcXekXe[\hl`gd\ek# ZXg`kXc`q\[[\m\cfgd\ekZfjkj#c\Xj`e^Xe[i\ekXcXjj\kj#^ff[n`ccXe[]`eXeZ`XcXjj\kjXji\gfik\[`ek_\ZXj_]cfnjkXk\d\ek% , <oZcl[`e^XZhl`j`k`feXe[[`jgfjXcf]\hl`kp`em\jkd\ekj1Ñ.#,/,d`cc`feÑ/#/.0d`cc`fe % - Gif]`kY\]fi\kXoXjXg\iZ\ekX^\f]Xm\iX^\\hl`kp% . -
Cumulative Impact of Wind Turbines on Landscape & Visual Amenity Guidance
Pembrokeshire and Carmarthenshire: Cumulative Impact of Wind Turbines on Landscape and Visual Amenity guidance Final Report for Carmarthenshire County Council Pembrokeshire Coast National Park Authority Pembrokeshire County Council April 2013 Tel: 029 2043 7841 Email: [email protected] Web: www.whiteconsultants.co.uk Guidance on cumulative impact of wind turbines on landscape and visual amenity: Pembrokeshire and Carmarthenshire CONTENTS 1. Introduction and scope of guidance .................................................. 4 2. Assessing cumulative impacts- issues and objectives ............................. 8 3. Assessing cumulative landscape impacts .......................................... 13 4. Assessing cumulative impacts on visual amenity ................................. 18 5. Relationship between Onshore and Offshore developments ................... 20 6. Cumulative effects with other types of development ........................... 22 7. Step by step guide .................................................................... 24 8. Tools .................................................................................... 26 9. Cumulative Landscape and Visual Impact Assessment Checklist ............... 29 10. Planning context and background.................................................. 32 TABLES Table 1 Landscape type in relation to wind turbine development Table 2 Potential sensitive receptors Table 3 Recommended cumulative assessment search and study areas Table 4 Information requirements for turbine size ranges -
The Coal Break-Up
1 The coal break-up How financial institutions are phasing-out support to European coal utilities The coal break-up: how financial institutions are phasing-out support to European coal utilities 1 2 Table of Contents How financial institutions are phasing-out support to European coal utilities .......... 1 Executive summary ............................................................................................................................ 3 1. Introduction ................................................................................................................................. 5 2. Background on investors, insurers and banks ............................................................... 6 Project finance ............................................................................................................................ 6 Insurance ....................................................................................................................................... 6 Corporate finance ...................................................................................................................... 7 3. The coal policies of financial institutions: ........................................................................ 8 Investors ........................................................................................................................................ 8 Insurers and re-insurers ....................................................................................................... 12 Banks ........................................................................................................................................... -
EFDA-JET Bulletin
EFDA-JET Bulletin JET Recent Results and Planning March 2006 On 23rd January 2006, the EFDA Associate Leader for JET Dr Jérôme Paméla presented the JET 2005 report and future programme in a seminar at the JET site. In his talk, Dr Paméla outlined the most recent news regarding fusion, the 2005 JET main events and scientific highlights, the 2006 JET programme, and planning beyond 2006. "2005 was a key year for fusion with the decision on siting ITER in Cadarache taken by the parties on 28 June 2005. India joined in November and ITER negotiations were completed in December 2005. The negotiation with Japan led to other projects being jointly prepared between the European Union and Japan, the so-called ‘Broader Approach’, a very good opportunity for faster development of fusion," stressed Dr Paméla. Some of the scientific results obtained at JET in 2005, which were outlined in the talk, are presented in this Bulletin. The current European fusion research strategy, reflected in the longer-term planning for JET, was also described in detail. In the upcoming campaigns significant enhancement of the JET facility, towards higher power with the ITER-like plasma shape will allow JET to perform important experiments in preparation of ITER. At the end of this year, an ITER-like ICRH Antenna is to be installed which will open new scope for reactor-relevant research at JET. These experiments shall be followed by the installation of an ITER-like first wall scheduled for 2008 (see the June 2005 JET Bulletin). JET in the Physics World The March issue of the Institue of Physics magazine, Physics World, carries an 8 page special feature on JET. -
Future Potential for Offshore Wind in Wales Prepared for the Welsh Government
Future Potential for Offshore Wind in Wales Prepared for the Welsh Government December 2018 Acknowledgments The Carbon Trust wrote this report based on an impartial analysis of primary and secondary sources, including expert interviews. The Carbon Trust would like to thank everyone that has contributed their time and expertise during the preparation and completion of this report. Special thanks goes to: Black & Veatch Crown Estate Scotland Hartley Anderson Innogy Renewables MHI-Vestas Offshore Wind Milford Haven Port Authority National Grid Natural Resources Wales Ørsted Wind Power Port of Mostyn Prysmian PowerLink The Crown Estate Welsh Government Cover page image credits: Innogy Renewables (Gwynt-y-Môr Offshore Wind Farm). | 1 The Carbon Trust is an independent, expert partner that works with public and private section organizations around the world, helping them to accelerate the move to a sustainable, low carbon economy. We advise corporates and governments on carbon emissions reduction, improving resource efficiency, and technology innovation. We have world-leading experience in the development of low carbon energy markets, including offshore wind. The Carbon Trust has been at the forefront of the offshore wind industry globally for the past decade, working closely with governments, developers, suppliers, and innovators to reduce the cost of offshore wind energy through informing policy, supporting business decision-making, and commercialising innovative technology. Authors: Rhodri James Manager [email protected] -
Explaining Incumbent Internationalization of the Public Utilities: Cases from Telecommunications and Electricity
Explaining incumbent internationalization of the public utilities: Cases from telecommunications and electricity Judith Clifton, Daniel Díaz-Fuentes, Marcos Gutiérrez and Julio Revuelta ∗ One major consequence of the reform of public service utilities in the European Union since the 1980s - particularly privatization, liberalization, deregulation and unbundling - was that a number of formerly inward-looking incumbents in telecommunications and electricity transformed themselves into some of the world’s leading multinationals. Now, reform was a prerequisite for their internationalization, substantially changing the business options available to incumbents. However, the precise relationship between reform and incumbent internationalization is contested. In this paper, three dominant political economy arguments on this relationship are tested. The first claims that incumbents most exposed to domestic reform (liberalization and privatization) would internationalize most. The second asserts that incumbents operating where reform was limited or slower-than-average would exploit monopolistic rents to finance aggressive internationalization. The third argument claims that a diversity of paths would be adopted by countries and incumbents vis-à-vis reform and internationalization, differences being explained by institutional features. After compiling an original database on extent of incumbent internationalization, alongside OECD data on ownership and liberalization, we deploy correlation and cluster analysis to seek explanations for internationalization. Evidence is found in favor of the third hypothesis. Internationalization as a response to reform took diverse forms in terms of timing and extent. This can therefore be best explained using a country, sector and firm logic. Key words: Utilities, European Union, internationalization, liberalization, privatization. ∗ Department of Economics, Universidad de Cantabria, Av de los Castros s.n., Cantabria D39005, Spain. -
Carbon Disclosure Project 2011
CDP 2011 Investor CDP 2011 Information Request Carbon Disclosure Project Centrica Module: Introduction Page: Introduction 0.1 Introduction Please give a general description and introduction to your organization About Centrica Our vision is to be the leading integrated energy company in our chosen markets. We source, generate, process, store, trade, save and supply energy and provide a range of related services. We secure and supply gas and electricity for millions of homes and business and offer a range of home energy solutions and low carbon products and services. We have strong brands and distinctive skills which we use to achieve success in our chosen markets of the UK and North America, and for the benefit of our employees, our customers and our shareholders. In the UK, we source, generate, process and trade gas and electricity through our Centrica Energy business division. We store gas through Centrica Storage and we supply products and services to customers through our retail brand British Gas. In North America, Centrica operates under the name Direct Energy, which now accounts for about a quarter of group turnover. We believe that climate change is one of the single biggest global challenges. Energy generation and energy use are significant contributors to man-made greenhouse gas (GHG) emissions, a driver of climate change. As an integrated energy company, we play a pivotal role in helping to tackle climate change by changing how energy is generated and how consumers use energy. Our corporate responsibility (CR) vision is to be the most trusted energy company leading the move to a low carbon future. -
National Grid ESO Technical Report on the Events of 9 August 2019
Technical Report on the events of 9 August 2019 6 September 2019 2 Contents Executive Summary .................................................................................... 4 1. Introduction ................................................................................................. 7 2. Roles ........................................................................................................... 8 2.1. ESO Roles and Responsibilities ........................................................................................... 8 2.2. Transmission System Owner Roles and Responsibilities ..................................................... 9 2.3. Generator Roles and Responsibilities ................................................................................... 9 2.4. DNO Roles and Responsibilities ........................................................................................... 9 3. Description of the Event ............................................................................ 10 3.1. System Conditions Prior to the Event ................................................................................. 10 3.2. Summary of the Event ......................................................................................................... 10 3.3. Detailed Timeline ................................................................................................................ 13 3.4. Impact on Frequency .......................................................................................................... 15