SaskPower: No more carbon capture projects at Boundary Dam

first_img FacebookTwitterLinkedInEmailPrint分享Financial Post:SaskPower says there will be no further retrofits to allow for carbon capture and storage at a dam site in southeastern Saskatchewan.The technology was introduced with much fanfare for $1.5 billion at the Boundary Dam power plant near Estevan in October 2014. The goal was to reduce carbon dioxide emissions from the coal-fired plant by one million tonnes annually.Dustin Duncan, minister responsible for Crown-owned SaskPower, says several factors led to the decision not to upgrade Units 4 and 5 at the Estevan plant for what is commonly called CCS. Duncan says one reason is that the units are reaching their federally mandated shutdown and it doesn’t make sense to invest a lot of money in them when natural gas is a cheaper option.“Low natural gas prices are a significant factor in this decision,” Duncan said as SaskPower held its annual meeting Monday. “Certainly the outlook for the coming decades is pretty indicative that natural gas prices will likely remain low.”SaskPower had to pay $7.3 million in penalties to Cenovus Energy in 2015 because the Estevan plant wasn’t operating enough to deliver all the captured carbon dioxide promised to Cenovus to use in enhanced oil recovery. The Boundary Dam was forced offline several times that year due to technical and mechanical issues.More: No more retrofits for carbon capture and storage at Boundary Dam: SaskPower SaskPower: No more carbon capture projects at Boundary Damlast_img read more

Honduras Launches Military Operations on the Streets

first_img On one of the main access roads of Tegucigalpa, a military officer with an armored vehicle with a 50 mm canon, forces drivers to stop: it is one of the many check points set up in the Honduran capital and in San Pedro Sula within the so-called “Operation Freedom” against criminal violence. During the night at the eastern check point in Tegucigalpa Valle de los Ángeles road, four soldiers with lanterns asked the driver of a grey sedan and his female companion to pull over to conduct a bumper to bumper inspection of the vehicle. “I feel safer with these operatives,” says the woman. “Of course! Maybe this is the way it has to be,” the man adds, waiting calmly, although they didn’t want to their names to be released. After discharging them, the Captain leading the 26-Soldier group at the check point says that “people are happy. They tell us they feel safer since the operation started.” In an offensive against organized crime, Porfirio Lobo’s government sent 1,500 militaries to reinforce the police forces on the streets in the most dangerous neighborhoods in Tegucigalpa and San Pedro Sula, not only the two main Honduran cities, but also the most violent in the world due to drug trafficking, gangs, and crime. Police contingents made Mara Salvatrucha and Mara 18 members retreat in Las Ayestas, located in the western part of the city. The gangs had imposed a curfew in the neighborhood, forcing dwellers to close their households and stores at night. By Dialogo February 15, 2013last_img read more

CUbers – Credit union members and the sharing economy

first_img 33SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jeff Rendel Jeff Rendel, Certified Speaking Professional, and President of Rising Above Enterprises works with credit unions that want elite results in sales, service, and strategy. Each year, he addresses and facilitates … Web: Details I’ve used Uber once. It involved a ride from a conference center to an airport. The ride was reasonable (though the driver did continually apologize for dog hair in the back seat); the technology was first-rate (and quite cool with its text message updates and blue dots on the map); and, I exchanged sensible consideration with another who was looking to provide value with a service. It was a peer-to-peer transaction at its most basic and best.During the 2014 CUNA Community Credit Union Conference, I dropped in on a breakout session discussing peer-to-peer lending. I emcee the conference and pop in and out of sessions and conversations to get some ear-to-the-ground wisdom from credit union leaders. During this particular breakout session, it dawned upon me that credit unions were the original peer-to-peer lenders. And, perhaps they still dominate that shared economy market space.Credit unions, institutionally, benefit greatly from their own sharing economy (think shared branching, ATM networks, CUSOs, etc.). And, I’ve met plenty of credit union CEOs who strive to make use of business partners in the credit union shared economy. Keep it in the family, they say.What if a slice of your credit union’s marketing message focused on its historical and current place in the sharing economy? What if your members understood the modern day version of “eleven teachers who, in 1938, pooled $274 and began lending to one another?” Granted, the numbers are larger, the operating systems more complex, and pricing drives many consumer decisions. However, the message is unchanged – peer-to-peer at its most basic and best (be it a community, employer base, religious affiliation, etc.) is the heart of your credit union.Every credit union looks for that point of differentiation, the standout message when all are shouting their take on the same products and services. Perhaps the real difference is the original shared aim of credit unions that has remained permanent in a world of change. Maybe retelling the story that credit unions pioneered the sharing economy business model contributes to continued loyalty (recent studies have reinforced the member-perceived value of credit union ownership). The consideration your members provide to each other – in exchange for value received – is a proclamation that their individual and cooperative participation drives an open, sharing, and collaborative economy at the most local of levels.“Your ride is here,” Uber will announce via text as a car pulls up. “Our shared value is here,” CUbers will declare and experience as they contribute and help build the many member economies that make up your credit union.last_img read more

CFO Focus: Don’t sit back, lean into ALM strategy

first_img continue reading » Some credit unions likely breathed a sigh of relief when the upward climb of market rates stalled. Deposit pressures were building, and the cost of funds seemed positioned for a sharp increase. But with almost perfect timing, in came the Fed indicating no further rate increases in 2019. Rate decreases have even emerged as a possibility. While many have changed their market rate expectations, it is important not to go on cruise control. Flat or lower market rates may not translate to flat or lower cost of funds.The primary contributor to this is a continuation of recent liquidity challenges. Sure, market interest rates play a key role in the cost of funds, but liquidity—or lack thereof—also has a significant impact. As shown in the graph below, loan growth has vastly outpaced share growth in recent years. This trend has caused some credit unions to dig deep into the liquidity toolbox for solutions. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Talk of the towns: West End

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Labour of love nails suburb record in Nundah

first_imgThe kitchen at 57 Nellie St, Nundah.The home is spread over two levels and has been designed to take advantage of open-plan living spaces.The rear of the house features an alfresco dining area with a built-in barbecue and kitchenette.Other features include a marble kitchen, custom-made wine rack, cedar facade, front and back verandas, landscaped gardens and quality fixtures and fittings. Nundah is only 8km from Brisbane’s CBD and has a median house price of $695,000, according to property data firm CoreLogic. More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019Fraser Waterman is reaping the rewards of renovating his Nundah home.“Recognition goes to the owner for the quality design, style and effort he has put into the property, finishing the product beautifully,” he said.Restoring the four-bedroom, two-bathroom home to its former glory became a labour of love for Mr Waterman. “When work stopped, I was on the tools at home every night and every weekend since I purchased this property just over a year ago,” he said.Property records show Mr Waterman bought the original property a year ago for $500,000. The home at 57 Nellie St, Nundah.TWELVE months of sleepless nights on the tools have paid off for Fraser Waterman.The 25-year-old was a carpenter by day and home renovator by night until he sold his property at 57 Nellie St, Nundah.The cottage recently sold under the hammer for $935,000 — a record for a renovated house on 405 sqm in Nundah, according to Ray White Ascot selling agent Damon Warat.Mr Warat said more than 85 groups inspected the property and 150 people attended the auction.last_img read more

Gold Coast acreage estate home to mini skate park

first_imgThe property at 35 Valley Drive, Tallebudgera has an unusual feature in its backyard.POOLS, playgrounds and fire pits are often found in backyards but mini skate parks are a rare luxury.A concrete skateboarding bowl that doubles as a basketball court is a prominent feature of this Tallebudgera acreage estate, which has recently hit the market.Glen Pell – who lived on the Valley Drive property with his wife Jasmine, two children and parents-in-law – said it was an upgrade from the wooden versions he used to build as a child.The concrete skateboarding bowl doubles as a basketball court.The acreage property also has a pool in the backyard.This time, he called on a friend in the skate park construction industry to lend a hand.“The skate bowl, that’s been a dream of mine forever,” he said.“Between him and I, we designed the shape of how we wanted it to be.“It took a couple of months.”He said it had been nicknamed “the horse bowl” in honour of their neighbours’ horse, Cody, who enjoyed resting under the tree next to the concrete structure.When he died, the Pell family agreed to have the beloved horse buried under the tree.Mr Pell hoped the new owners would enjoy the mini skate park as much as his family had.“We would really love to see someone similar to ourselves move in that can actually use the bowl,” he said.More from news02:37International architect Desmond Brooks selling luxury beach villa11 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoMORE NEWS: Million-dollar sale sets street recordMORE NEWS: Melissa George’s LA pad up for grabs againThe family have renovated the homestead’s interior.They gradually updated the home as needed.“It’s so unique to have that on your property.”The family, who have lived there since 2011, last week listed the 0.45ha property under an expressions of interest campaign that closes on June 13.They have renovated the homestead, including adding a kitchen downstairs to make it dual living, breathing new life into its interior and adding a pool and the skate bowl in the backyard.“We just did things as we needed to over the years,” Mr Pell said.He said it was going to be sad to say goodbye after so many years but they wanted to move closer to the beach.“There’s going to be tears,” he said.Sophie Carter Exclusive Properties agents Ed Cherry and Kim Gamble are marketing the residence.Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:44Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:44 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p288p288p180p180pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow to bid at auction for your dream home? 01:45last_img read more

Comfort in Offshore Wind Working Conditions

first_imgThe Industry Contribution is a new section in which offshore wind companies share their project endeavors or analyses. Please contact us at for inquiries. By Jiska Bazuin, Operations Manager at PronomarEurope is the leader of the growing market for the offshore wind energy. Most of the activities take place in the wet conditions of the North Sea. As the people work in varying temperatures and under dire weather conditions, it is most important that their personal protective equipment (PPE) is not only up-for-the-job and in accordance with all regulations, it should also raise the feeling of comfort for the user. While it is true that wet or sweat drenched PPE is not one of the main problems for offshore operators, many small issues can lead to bigger ones.“Being wet and, in some cases, cold is uncomfortable. It can be proven that employees’ motivation rises when they’re in dry work gear.” says Jaap Baars, founder of Pronomar BV. “Wet work clothes can cause a higher susceptibility, which can lead to a forced fill up of empty spaces due to the sickness of employees. Furthermore, bad working circumstances are a nutritional basis for dissatisfaction, a lack of motivation and a lower productivity.” Baars continues.Not only external factors influence the comfort and health of the wearer, also internal factors do. Bacteria get the chance to grow in wet or damp PPE, with unpleasant odours as unwanted consequence. In some cases, such as with immersion suits, even mildew can occur.It is crucial for operators to remember that health plays an important role in the industry and buying into health is the best return on investment any company can generate. Healthier workers are more focused on their jobs and more alert to safety risks, in turn creating the potential to reduce the number of accidents. Studies focusing on occupational health showed that the use of dry work wear results in a significant decrease of sick leaves. In the long run, many chronic diseases are caused by wearing wet clothes, leading to costly down-time in organisations. Furthermore, by keeping the work garments dry, bacteria have little to no chance to grow.Off to a comfortable and dry start Baars’ company tackles these issues by distributing special drying equipment for common offshore clothing. A solution for all work clothes that need to be used again quickly. The drying systems comprise a stainless steel frame, connected to a warm-air blower. The blower ensures an optimal warm-air circulation through the clothing.“After a long workday, the crew just wants to put away their suits and boots and not think about work until their next shift. However, placing a piece of garment over a heater, for instance, is not an ideal drying method, as heat can ultimately damage materials such as leather and neoprene. We strive to help maintain the protective function of the PPE by giving it the care it deserves. At the same time, it prolongs the lifespan of the costly gear by about two to three times.” Jiska Bazuin, Operations Manager, explains. Pronomar’s drying equipment has special body-shaped hangers to easily hang the clothes on. The hangers contain nozzles, through which the air enters the clothing, reaching all areas from the arm pits to the tips of the boots. A timer ensures that the systems will automatically turn off after the set time, allowing the crew to enjoy their free time without having to think of the dryers again.Comfort is care These days you see saunas, fitness rooms and even cinemas on board offshore vessels to increase the peoples comfort during off-time. Naturally, it is also important to keep thinking about what can be done to increase their comfort during work time. In the past ten years, already many offshore wind operators worldwide chose to have drying equipment on-board. Examples are: accommodation vessels such as Glomar’s Glomar Wave, C-Bed’s Wind Innovation; walk-to-work vessels such as Acta Marine’s Acta Orion, Bibby Marine Services’ Bibby WaveMaster 1, Chevalier Floatels’ Gezina & Galyna; jack-up vessels such as Fred. Olsen Windcarrier’s Brave Tern & Bold Tern, GeoSea’s Innovation; service operation vessels such as Bernard Schulte’s Windea La Cour & Windea Leibniz; cable laying vessels such as Boskalis’ Ndurance & Ndeavour, Van Oord’s Nexus and installation vessels such as Van Oord’s Aeolus and Seaway Heavy Lifting´s Oleg Strashnov. The flexible and modular drying systems fit in all rooms, from small niches to complete large-scale drying rooms. For your personalised drying rooms Pronomar provides an AutoCAD engineering service. The scope of supply includes open drying systems, drying cabinets and drying containers. If a customer sees no possibility to equip a room for drying, or if flexibility is needed to accommodate great numbers of employees operating in different parts of the world, they can welcome the drying container, which is developed in collaboration with ELA Offshore Container GmbH. The drying containers are “Made in Germany” according to German quality standards and all offshore units have DNV 2.7-1 / EN 12079-1 and CSC certificates. Depending on the exact requirements, the container can be individually customised.last_img read more

Electrical facilities on Skarv FPSO fail to meet offshore safety requirements

first_imgResult  The field  Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found several non-conformities and improvement points related to electrical facilities at Aker BP’s Skarv FPSO located off Norway. Aker BP was founded in 2016 following the merger of Det norske oljeselskap and BP Norge. One of the fields that Aker BP operates is Skarv, which is located in the north of the Norwegian Sea.The safety authority carried out an audit of the responsible person for the electrical facilities at Aker BP and electrical facilities on the Skarv FPSO between 19 and 27 October 2017.The audit was conducted in the form of meetings, discussions, document reviews, verifications and functional testing at Aker BP in Stavanger and on the Skarv FPSO.The objective of the audit was to monitor how Aker BP is complying with regulatory technical, operational and organisational requirements associated with electrical facilities. The audit focused in particular on the responsible person for the electrical facilities at Aker BP and electrical facilities on the Skarv FPSO. The Skarv field is located approx. 210 km off the coast of Sandnessjøen, on 350-450 m water depth. It came on stream in December 2012 and has an expected field life of 25 years.The Skarv field is developed with a Floating Production, Storage and Offloading (FPSO) unit anchored to the seabed. Subsea wells are tied back to the FPSO from the subsea templates.Gas transport via an 80 kilometer spur gas line to Åsgard Transport System and then via Gasled to the European market. Shuttle tanker loading of oil for direct transport to the market. According to the PSA, the audit identified non-conformities relating to work in and operation of electrical facilities, the technical condition of electrical facilities, emergency power and non-conformity handling.In addition, improvement points were identified concerning maintenance management, risk identification and resilience measures, and barrier management.last_img read more

Vendors sought for hummingbird migration event

first_imgConnersville, In. — IThe Indiana Audubon will be hosting the inaugural Hummingbird Migration Celebration at Mary Gray Bird Sanctuary on Saturday, August 11.  This inaugural event will draw hummingbird enthusiasts from around the Midwest to Connersville, IN for a one-day celebration of all things birds and hummingbirds.  Participants can expect an assortment of activities on the beautiful Mary Gray Bird Sanctuary grounds.As part of the event, vendors are being sought to showcase the region’s diverse arts, crafts, and outdoor related services.  Vendor applications are now available on the Indiana Audubon website.  Vendor fees are $50 for the day-long event.  Both professional companies, individuals, and civic groups are encouraged to apply.The Indiana Audubon Hummingbird Migration Celebration is a festival for the tiny gem, the Ruby-throated Hummingbird. Multiple sponsors and partners provide an opportunity for all to learn about these amazing little birds, how to attract them, and how to keep them coming year after year. Activities include hummingbird banding demonstrations to view hummingbirds up close, guided nature walks, a native plant sale, programs about birds and other pollinators, kid’s activities, vendor booths, live music, and more.To learn more about the Hummingbird Migration Celebration or Indiana Audubon Society and to search for programs near you, visit them on the web. Search keyword Hummingbird Migration Celebration.last_img read more