Representative Legal Matters Paul Curnow
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Good Energy - 2015 Highlights 4 – 5
Annual Report & Financial Statements 2015 Contents Annual Report & Financial Statements Year ended 31 December 2015 2015 Strategic Report Strategic Annual Report Good Energy - 2015 highlights 4 – 5 Strategic Report 6 – 17 Chairman’s Statement 7 – 8 Strategic Review 9 – 11 Chief Executive’s Review 12 – 15 Chief Financial Officer’s Review 16 – 17 Directors’ Report Directors’ The Good Energy Group PLC Board 18 – 19 Directors’ Report 21 – 34 Directors’ Remuneration Report 31 – 34 Independent Auditors’ Report to the members of Good Energy Group PLC 35 – 39 Financial Statements Consolidated Statement of Comprehensive Income 41 Consolidated Statement of Financial Position 42 Parent Company Statement of Financial Position 43 Financial Statements Consolidated Statement of Changes in Equity 44 Parent Company Statement of Changes in Equity 45 Consolidated Statement of Cash Flows 46 Parent Company Statement of Cash Flows 47 Notes to the Financial Statements 48 – 90 Directors and Corporate Resources 91 3 Good Energy - 2015 highlights Revenue Gross profit EBITDA Compound annual growth Compound annual growth Compound annual growth over five years: 26% over five years: 27% over five years: 42% EBITDA is calculated using operating profit before exceptional costs. PBT Non current assets Compound annual growth Compound annual growth over five years: -29% over five years: 37% Financial summary Revenue increased 12% to £64.3m Cash balance £4.8m Gross profit increased by 13% to £21.3m Net debt £54.0m EBITDA increased by 28% to £7.3m Basic (loss) / earnings per share (1.4p) Profit before tax of £0.1m Total dividend for the year maintained at 3.3p 4 Strategic Report Strategic Customer growth Customers Good Energy continues to Electricity customer numbers grew 32% Directors’ Report Directors’ to 68,000 focus on building its customer base and delivering excellent Gas customer numbers rose 55% to 38,800 customer service. -
How Community Solar Supports American Farmers February 2020
How Community Solar Supports American Farmers February 2020 How Community Solar Supports American Farmers February 2020 Dave Gahl - Senior Director of State Affairs, Northeast www.seia.org 1 How Community Solar Supports American Farmers February 2020 Introduction As family farms are increasingly squeezed to make Community solar lease payments can provide an ends meet, farmers all over the country have found a economic lifeline to farmers, allowing farm operations new revenue stream that helps support their bottom to stay within families. In addition to generating local line: community solar projects. revenue, these projects help states make progress toward meeting their clean energy and climate goals. This fast-growing segment of the solar industry is now authorized in 19 states and Washington D.C. This short paper explains the community solar Companies specializing in community solar are model, describes the typical arrangements farmers increasingly negotiating deals with farmers to lease enter into with companies that build these projects, portions of their land to build these projects. As more presents five case studies from different states and more states continue encouraging the growth of showing the ways in which agricultural operations community solar, farmers – and landowners more have benefited from community solar on their generally – should be aware of the benefits of this property, and offers resources to help landowners potential new revenue stream. and solar firms. SEIA intends to update this document periodically and add new case studies from across the country. What is Community Solar? Community solar allows residents, small businesses, organizations, municipalities and others to receive credit on their electricity bills for the power produced from their portion of a solar array, offsetting their electricity costs. -
Kenneth P. Ksionek Community Solar Farm at the Stanton Energy Center
ANNOUNCING THE KENNETH P. KSIONEK COMMUNITY SOLAR FARM AT THE STANTON ENERGY CENTER The new solar farm, producing 13 megawatts (MW) of green power, has joined OUC’s family of innovative, sustainable solutions and is among the first to sit atop a closed byproduct landfill. Community Solar Farm Dedication_OBJ Insert_V2.indd 1 11/29/17 11:55 AM KENNETH P. KSIONEK COMMUNITY SOLAR FARM BY THE NUMBERS 37,544 SOLAR 2,100 PANELS HOMES 24 POWERED ACRES 539 OF LAND TONS OF STEEL 129 MPH WIND PROTECTION OUC’s Kenneth P. Ksionek Community Solar Farm is among the first in the nation to sit atop a byproduct landfill. Covering 24 acres at the Stanton Energy Center (SEC) in east Orlando, nearly 40,000 solar panels provide 13 megawatts (MW) of energy – enough to power 2,100 homes. The new farm doubles OUC’s solar capacity, allowing both commercial and residential customers who own or rent to reap the benefits of solar power without the upfront costs and hassle of installing their own rooftop array. TO SIGN UP, VISIT OUC.COM/COMMUNITYSOLAR. THE MAN BEHIND THE RELIABLE ONE KENNETH P. KSIONEK – A POWERFUL LEGACY After 32 years for 19 straight years compared to He was the driving force behind an of service and Florida investor-owned utilities, electric vehicle (EV) partnership with a plethora of according to data submitted to the the City of Orlando, leading to the accomplishments, Florida Public Service Commission. community being named one of the Ken Ksionek will Top 10 Most EV-Ready cities in the Under his tenure, SEC has retire as General United States. -
BUILDING STRONGER COMMUNITIES Wind's Growing
BUILDING STRONGER COMMUNITIES Wind’s Growing Role in Regional Australia 1 This report has been compiled from research and interviews in respect of select wind farm projects in Australia. Opinions expressed are those of the author. Estimates where given are based on evidence available procured through research and interviews.To the best of our knowledge, the information contained herein is accurate and reliable as of the date PHOTO (COVER): of publication; however, we do not assume any liability whatsoever for Pouring a concrete turbine the accuracy and completeness of the above information. footing. © Sapphire Wind Farm. This report does not purport to give nor contain any advice, including PHOTO (ABOVE): Local farmers discuss wind legal or fnancial advice and is not a substitute for advice, and no person farm projects in NSW Southern may rely on this report without the express consent of the author. Tablelands. © AWA. 2 BUILDING STRONGER COMMUNITIES Wind’s Growing Role in Regional Australia CONTENTS Executive Summary 2 Wind Delivers New Benefits for Regional Australia 4 Sharing Community Benefits 6 Community Enhancement Funds 8 Addressing Community Needs Through Community Enhancement Funds 11 Additional Benefts Beyond Community Enhancement Funds 15 Community Initiated Wind Farms 16 Community Co-ownership and Co-investment Models 19 Payments to Host Landholders 20 Payments to Neighbours 23 Doing Business 24 Local Jobs and Investment 25 Contributions to Councils 26 Appendix A – Community Enhancement Funds 29 Appendix B – Methodology 31 References -
Final Report
The Senate Select Committee on Wind Turbines Final report August 2015 Commonwealth of Australia 2015 ISBN 978-1-76010-260-9 Secretariat Ms Jeanette Radcliffe (Committee Secretary) Ms Jackie Morris (Acting Secretary) Dr Richard Grant (Principal Research Officer) Ms Kate Gauthier (Principal Research Officer) Ms Trish Carling (Senior Research Officer) Mr Tasman Larnach (Senior Research Officer) Dr Joshua Forkert (Senior Research Officer) Ms Carol Stewart (Administrative Officer) Ms Kimberley Balaga (Administrative Officer) Ms Sarah Batts (Administrative Officer) PO Box 6100 Parliament House Canberra ACT 2600 Phone: 02 6277 3241 Fax: 02 6277 5829 E-mail: [email protected] Internet: www.aph.gov.au/select_windturbines This document was produced by the Senate Select Wind Turbines Committee Secretariat and printed by the Senate Printing Unit, Parliament House, Canberra. This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Australia License. The details of this licence are available on the Creative Commons website: http://creativecommons.org/licenses/by-nc-nd/3.0/au/ ii MEMBERSHIP OF THE COMMITTEE 44th Parliament Members Senator John Madigan, Chair Victoria, IND Senator Bob Day AO, Deputy Chair South Australia, FFP Senator Chris Back Western Australia, LP Senator Matthew Canavan Queensland, NATS Senator David Leyonhjelm New South Wales, LDP Senator Anne Urquhart Tasmania, ALP Substitute members Senator Gavin Marshall Victoria, ALP for Senator Anne Urquhart (from 18 May to 18 May 2015) Participating members for this inquiry Senator Nick Xenophon South Australia, IND Senator the Hon Doug Cameron New South Wales, ALP iii iv TABLE OF CONTENTS Membership of the Committee ........................................................................ iii Tables and Figures ............................................................................................ -
Hawaii Clean Energy Initiative Hawaiian Electric Companies’ Energy Agreement One-Year Progress Update
Hawaii Clean Energy Initiative Hawaiian Electric Companies’ Energy Agreement One-Year Progress Update n October 2008, the Hawaiian Electric Companies joined the Governor of Hawaii; the Hawaii Department of Busi ness, Economic Development and Tourism; and Office of Consumer Advocacy in an energy agreement Ias part of the Hawaii Clean Energy Initiative. The agreement – the most aggressive such effort in the nation – aims to move Hawaii decisively away from imported oil for electricity and ground transportation toward diverse, local renewable energy and energy efficiency. Our goal is energy and economic security for Hawaii and reduced greenhouse gas emissions responsible for the climate change to which our islands are especially vulnerable. Making the needed investments now can provide more stable energy costs in the long-run. It will require unprecedented cooperation and commitment among individuals, businesses, institutions and government. We need unity of purpose through good and bad times, success and setbacks, no matter whether oil prices go up and down. This list summarizes some key actions by the Hawaiian Electric Companies in cooperation with others after only one year. Increased Renewable Portfolio Standards (Act 155 - 2009) Hawaiian Electric Companies supported placing into law an increased renewable energy requirement of 40 percent of electric sales by 2030 and a new Energy Efficiency Portfolio Standard. New HCEI proposals submitted to the Hawaii Public Utilities Commission (PUC) • Feed-In Tariff (FIT): Creates standard rates to ease the process for private developers to add renewable energy to Hawaiian Electric Companies’ grids. After detailed hearings to obtain input from a broad range of stakeholders, the PUC issued basic principles for such tariffs. -
Community Solar Power
Community Solar Power Obstacles and Opportunities JOHN FARRELL [email protected] Revised November 2010 A publication of New Rules Project 612-379-3815 1313 5th St. SE, Suite 303 www.newrules.org Minneapolis, MN 55414 New Rules Project www.newrules.org i Comment on Revisions The original edition of Community Solar Power received a lot of attention, for which we at the Institute for Local Self-Reliance are very grateful. The grading system we used for community solar projects was of particular interest, especially our offer of higher scores for projects placed on rooftops rather than on the ground. In particular, the excellent folks at the Clean Energy Collective (whose project is featured in this report) engaged us on the criteria we used for rooftop and ground-mounted solar power. After several in-depth conversations, we offer this revision to Community Solar Power and to the grades we provided for solar project location. We think that our revised grading system better reflects the advantages of distributed renewable energy as well as the best efforts of community solar projects to provide their participants with the best value. See the table below for the revised grades (an updated scorecard is in the report). For a more thorough discussion of the location conversation, see this post to our distributed energy web resource, Energy Self-Reliant States: Community Solar: Better on the Roof? Sincerely, -John Farrell Community Sol Simple University Green- Solar Sun- Solar CEC Partners Solar Park house Pioneer Smart Ellensburg Sakai Scorecard: -
Clean Energy Australia
CLEAN ENERGY AUSTRALIA REPORT 2016 Image: Hornsdale Wind Farm, South Australia Cover image: Nyngan Solar Farm, New South Wales CONTENTS 05 Introduction 06 Executive summary 07 About us 08 2016 snapshot 12 Industry gears up to meet the RET 14 Jobs and investment in renewable energy by state 18 Industry outlook 2017 – 2020 24 Employment 26 Investment 28 Electricity prices 30 Energy security 32 Energy storage 34 Technology profiles 34 Bioenergy 36 Hydro 38 Marine 40 Solar: household and commercial systems up to 100 kW 46 Solar: medium-scale systems between 100 kW and 5 MW 48 Solar: large-scale systems larger than 5 MW 52 Solar water heating 54 Wind power 58 Appendices It’s boom time for large-scale renewable energy. Image: Greenough River Solar Farm, Western Australia INTRODUCTION Kane Thornton Chief Executive, Clean Energy Council It’s boom time for large-scale of generating their own renewable renewable energy. With only a few energy to manage electricity prices that years remaining to meet the large-scale continue to rise following a decade of part of the Renewable Energy Target energy and climate policy uncertainty. (RET), 2017 is set to be the biggest year The business case is helped by for the industry since the iconic Snowy Bloomberg New Energy Finance Hydro Scheme was finished more than analysis which confirms renewable half a century ago. energy is now the cheapest type of While only a handful of large-scale new power generation that can be renewable energy projects were built in Australia, undercutting the completed in 2016, project planning skyrocketing price of gas and well below and deal-making continued in earnest new coal – and that’s if it is possible to throughout the year. -
Fully Charged: Renewables and Storage Powering Australia
FULLY CHARGED: RENEWABLES AND STORAGE POWERING AUSTRALIA CLIMATECOUNCIL.ORG.AU Thank you for supporting the Climate Council. The Climate Council is an independent, crowd-funded organisation providing quality information on climate change to the Australian public. We would like to thank the Australian Communities Foundation for their support in producing this report. Published by the Climate Council of Australia Limited ISBN: 978-1-925573-43-5 (print) 978-1-925573-42-8 (web) © Climate Council of Australia Ltd 2018 Andrew Stock This work is copyright the Climate Council of Australia Ltd. All material Climate Councillor contained in this work is copyright the Climate Council of Australia Ltd except where a third party source is indicated. Climate Council of Australia Ltd copyright material is licensed under the Creative Commons Attribution 3.0 Australia License. To view a copy of this license visit http://creativecommons.org.au. You are free to copy, communicate and adapt the Climate Council of Australia Greg Bourne Ltd copyright material so long as you attribute the Climate Council of Australia Ltd and the authors in the following manner: Climate Councillor Fully Charged: Renewables and Storage Powering Australia. Authors: Andrew Stock, Greg Bourne, Louis Brailsford and Petra Stock. We would like to thank Dr Matt Stocks (ANU), Andrew Blakers (ANU) and Tim Buckley (IEEFA) for their thorough reviews. Louis Brailsford — Researcher Cover image credits: “Gemasolar solar thermal power plant, Spain” by Flickr user Beyond Coal and Gas Image Library licensed under CC BY-NC 2.0 and “Hornsdale 20161212_30cs” by Flickr user David Clarke licensed under CC BY-NC-ND 2.0. -
Dear Ms Gardner
Select Committee on Wind Turbines Submission 208 - Attachment 1 [Reference No] Ms.Ann Gardner By email to: Dear Ms Gardner, Thank you for your email to the Chair of the Clean Energy Regulator, dated 18 November 2014, making a formal complaint about noise and vibration from the Macarthur Wind Farm. The matters raised by you are more appropriately addressed to the Victorian Department of Transport, Planning and Local Infrastructure (formerly known as the Victorian Department of Planning and Community Development). They are not matters that fall within the powers of the Clean Energy Regulator (the Regulator) under the various Commonwealth legislation administered by the Regulator. The Clean Energy Regulator is an economic regulator. With respect to the Renewable Energy Target, the Regulator regulates both the supply of certificates (by ensuring the integrity of their creation by renewable power stations) and the demand and surrender of those certificates (by ensuring liable electricity retailers surrender the correct number of certificates). The Clean Energy Regulator is only empowered to administer relevant Commonwealth laws (eg to ensure that a wind farm operator complies with its responsibilities under relevant Commonwealth legislation that the Regulator administers). It cannot interfere in state-based activities. If a wind farm is not complying with State/Territory laws (eg as to planning requirements and noise control etc), it is a matter for the relevant State/Territory a.uthority to address. The Macarthur Wind Farm is an accredited power station under the Renewable Energy (Electricity} Act 2000 (the Act) and the Renewable Energy (Electricif:W Regulations 2001 (the Regulations). Once an eligible power station has been accredited, it remains accredited unless the Regulator decides to suspend the accreditation under Division 11 of Part 2 of the Act {being sections 30D and 30E and the circumstances prescribed for the purposes of subsection 30E(5) in regulation 20D of the Regulations). -
AGL Macquarie Generation 4 2 0 12345678910111213141516FY15 FY16 FY17F FY18F FY19F
AGL Energy Limited Locked Bag 1837 Level 24, 200 George St T: +61 2 9921 2999 ABN: 74 115 061 375 St Leonards NSW 2065 Sydney, NSW, 2000 F: +61 2 9921 2552 AUSTRALIA AUSTRALIA www.agl.com.au ASX & Media Release AGL Investor Day 14 November 2016 AGL Energy Limited (AGL) will today host its 2016 Investor Day featuring presentations from members of AGL’s Executive Team and other members of senior management. Copies of the presentations are attached to this release and are available on AGL’s website. The Investor Day will be webcast live from approximately 12.15pm to 3:15pm and approximately 4:10pm to 5pm. You can register to view the webcast via AGL’s website at the following link: http://www.webcasts.com.au/agl141116/. A replay of the webcast will be archived on AGL’s website with the presentation materials and a transcript of the event. Further inquiries: Investors Media Nicole Rizgalla, Investor Relations Manager Kathryn Lamond, Media Manager Direct: +61 2 9921 2691 Direct: +61 2 9921 2170 Mobile: +61 400 488 836 Mobile: +61 424 465 464 email: [email protected] e-mail: [email protected] About AGL AGL is one of Australia’s leading integrated energy companies. It is taking action to responsibly reduce its greenhouse gas emissions while providing secure and affordable energy to its customers. Drawing on over 175 years of experience, AGL serves its customers throughout eastern Australia with meeting their energy requirements, including gas, electricity, solar PV and related products and services. AGL has a diverse power generation portfolio including base, peaking and intermediate generation plants, spread across traditional thermal generation as well as renewable sources including hydro, wind, For personal use only solar, landfill gas and biomass. -
Ryan Corner Wind Farm Environment Effects Inquiry Moyne Planning Scheme: Permit Application 20060222 Permit Application Pl07/067
RYAN CORNER WIND FARM ENVIRONMENT EFFECTS INQUIRY MOYNE PLANNING SCHEME: PERMIT APPLICATION 20060222 PERMIT APPLICATION PL07/067 INQUIRY REPORT MARCH 2008 RYAN CORNER WIND FARM ENVIRONMENT EFFECTS INQUIRY MOYNE PLANNING SCHEME: PERMIT APPLICATION 20060222 PERMIT APPLICATION PL07/067 INQUIRY REPORT Nick Wimbush, Chair Chris Banon, Member MARCH 2008 Contents 1. OVERVIEW ............................................................................................................. 1 2. WHAT IS PROPOSED?......................................................................................... 4 2.1 The subject site and surrounds................................................................................ 4 2.2 The proposal............................................................................................................... 6 3. MOYNE PLANNING SCHEME PROVISIONS............................................... 9 3.1 Policy framework ...................................................................................................... 9 3.1.1 State Planning Policy Framework (SPPF) ...................................................... 9 3.1.2 Local Policy Planning Framework (LPPF) ................................................... 10 3.2 Zone provisions ....................................................................................................... 11 3.3 Overlay provisions.................................................................................................. 11 3.4 Particular provisions..............................................................................................