Daimler uses old coal plant for new energy storage facility

first_imgDaimler uses old coal plant for new energy storage facility FacebookTwitterLinkedInEmailPrint分享Electrek:Daimler, through its subsidiary Mercedes-Benz Energy and with partners, is turning a coal power plant into a large energy storage facility using over a thousand modules from its electric car battery packs.Like Tesla and its Tesla Energy division, Mercedes-Benz is leveraging its experience with battery packs for electric cars into making stationary energy storage projects. They created a Mercedes-Benz Energy subsidiary and launched several projects. One of them was a residential battery pack to compete with Tesla’s Powerwall.Earlier this year, the company killed the project after admitting that their product was too expensive and overengineered for its application. While they got out of the residential market, they are still going strong with bigger-scale projects.Their latest project was unveiled today, and it consists of an 8.96 MW/9.8 MWh project using a total of 1,920 battery modules installed in Elverlingsen on the site of the former coal-fired power station that was built in 1912 and recently shut down.Daimler said about the site of the project: “The large storage plant is therefore a symbol for the transformation in the storage and use of energy – away from fossil electricity grid supply and towards a sustainable extension of the e-mobility value chain that reduces CO2.”The project is going to be used for primary balancing power on the German grid, which has added a significant amount of renewable energy in recent years. Last year, they completed a similar but bigger 17.4 MWh facility in Herrenhausen.More: Mercedes-Benz turns coal power plant into energy storage system with electric car batterieslast_img read more

Levittown Man Threatened to Blow Up Nassau Office, Cops Say

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Michael BarberA Levittown man was arrested for allegedly threatening to blow up the Nassau County Department of Human Services during an argument over the phone about money, police said.Michael Barber was charged Tuesday with making a terroristic threat and aggravated harassment.Police said the 62-year-old suspect told a finance manager he was going to “blow up the building” after the manager told Barber he wasn’t due any money when Barber demanded more funds from his Social Security check at 9 a.m.Two hours later, Barber allegedly called back, told a case manager he would “blow up the building with C4 explosives” and suggested to the case manager that he leave the building, according to police.Barber was taken into custody at his home later the same day. He will be arraigned Wednesday at First District Court in Hempstead.last_img read more

Under Attack: Outsiders threatening traditional business banking models

first_img continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Back in the 70s when I was a kid, I remember going to the bank with my mom a couple times a week. She was helping my dad out with his computer repair business, doing the books and collecting payments. I was only six years old, so I didn’t really understand what was going on, but I can recall these visits to the bank with vivid clarity: the smell of mothballs and cleaning products, the neutral fading colors, the itchy chairs, the queuing maze, the hushed sounds… and some genuinely wonderful people.No matter which branch we went to, the bank’s staff always knew everyone in our family by name. They always greeted us with a warm smile. And of course they never forgot to give those lollipops with the crinkly-wrappers to me and my siblings. They knew us. We trekked to the bank so often that it almost felt like going to grandma’s house. The bank was our “money hub”, the reliable bedrock of our financial life — as it was for millions of small businesses in America.Not so much anymore. With the rise in digital banking, there are more options than ever for critical financial tools like invoicing, payments, lending, and accounting. As a result, financial institutions risk losing — or, in some cases, have already lost — their position of dominance.last_img read more

Fed expands PPPLF to non-depository lenders

first_img continue reading » The Federal Reserve last week expanded access to its Paycheck Protection Program Liquidity Facility (PPPLF) to non-depository lenders, and announced that the PPPLF will accept purchased paycheck protection program (PPP) loans as collateral.Currently, Small Business Administration (SBA) qualified lenders include banks, credit unions, community development financial institutions, members of the Farm Credit System, SBA-licensed small business lending companies, and some fintech companies.Under the new terms, financial institutions that pledge a purchased PPP loan will need to provide documentation from the SBA demonstrating that the institution is the beneficiary of the guarantee for the loan. View the term sheet.Earlier this month, the NCUA Board approved an interim final rule determining that PPP loans will receive a zero percent risk weighting under the NCUA’s risk based net worth requirement if the loan is pledged as collateral as part of the Fed’s PPPLF. NAFCU outlined what credit unions should know regarding the rule in a Final Regulation Alert. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

£1bn Arlington park for Disney

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

Workers affected by pandemic stay afloat with side business

first_imgRead also: COVID-19: New business ideas emerge as people work from homeSolikun, who was busy attending customers in Kebayoran Lama, South Jakarta, on Friday, said he never thought he would be able to make enough money on a daily basis, especially as he had a rocky start in March.“I started off in March when the city began large-scale social restrictions. Those were hard times because I did not sell enough [coffee]. But nowadays, alhamdulillah [thank be to God], I’m doing pretty well,” he said as quoted by kompas.id.The coffee seller revealed that he earned between Rp 180,000 and Rp 200,000 daily. If he works nonstop for a whole month, he could earn up to Rp 6 million, which is twofold his previous salary. Arif, 32, shared a similar situation with Solikun. He was laid off in July as his place of work was forced to take efficiency measures and Arif, who was an office boy, was among those who did not make the cut.Despite receiving a severance pay of Rp 10 million after working there for 10 years, Arif said he decided to save the money.Arif is still figuring out a suitable business for himself, but for now, he is doing well selling face masks. Before that, Arif made ends meet as a pak ogah (volunteer traffic attendant).“I just started selling the masks two days ago. Yesterday, I had a Rp 30,000 profit. I’m still testing it out, before deciding on whether I will keep selling the masks or switch to other things,” said Arif, who used to earn Rp 4.2 million a month as an office boy but is determined to become a seller instead of an employee. (nkn) #covid19taskforce #mothermessage #wearmask #washyourhand #keepyourdistance #socialdistance #avoidcrowd #usesoap Spending the past seven months mostly at home because of the COVID-19 pandemic, some people with the ability to find financial opportunities have turned the unlikely situation into income.Nugroho Sigit Riyadi, a 37-year-old resident of Manggisan hamlet in Bantul regency, Yogyakarta, has used his free time at home to produce wooden-made push-bikes for little children with his own hands.Nugroho named his product Pancal Bike (push-bike), which is suitable for children aged 1.5 years to 5 years old. Just like any push-bike, Nugroho’s products are not equipped with pedals and chains.  Editor’s note: This article is part of a public campaign by the COVID-19 task force to raise people’s awareness about the pandemic. Topics : Nugroho, who works at a silver jewelry shop in Kotagede, Yogyakarta, which currently applies limited working days for its employees because of the pandemic. “When the pandemic hit the region, the shop decided to push down operational costs by limiting working hours. So, when I don’t have to go to work, I work on the bikes,” he said as reported by antaranews.com on Saturday. A Pancal Bike costs between Rp 250,000 (US$16.98) and Rp 300,000. So far, Nugroho has sold up to 70 bikes, allowing him to earn up to Rp 3 million per month from the business.In the meantime, Solikun, 39, immediately changed lanes to selling instant coffee on his bike as soon as he was laid off.last_img read more

Bargain buys: where to bag a discounted Brisbane home

first_imgTodd and Julie Clements are selling their home at 5 Cubberla St, Fig Tree Pocket, for a discounted price. Photographer: Liam Kidston.HEAVILY discounted homes that have been languishing on the market for months are finally having their day as new property listings dry up, sending buyers scrambling for a bargain. From acreage estates to luxury apartments, some of the biggest bargains, previously discounted by up to $550,000, can be found in the city’s most sought-after suburbs.While it is still a seller’s market, experts warn the uncertainty of the impact of the coronavirus on the housing market and the possibility of an economic recession could create a sense of urgency to sell — prompting more discounting. In affluent suburbs such as Fig Tree Pocket and Hamilton, which are known to ­appeal to middle and upper-middle-income buyers, some homes are for sale for a fraction of the price you would expect to pay for them at the peak of the market. REA Group chief economist Nerida Conisbee.Realestate.com.au chief economist Nerida Conisbee said the increased buyer demand and lack of new stock was bringing homes that had been on the market for months — even years — out of the shadows. “We have found literally everywhere there is a big imbalance between what’s available for sale and the amount of property seekers out there wanting to buy,” Ms Conisbee said. “That has led to some stock that wasn’t moving selling.”Ms Conisbee said the opportunities to find a bargain were fewer than they were a year ago, but there were some exceptions out there — particularly apartments. This apartment at 7/72 Pine St, Wynnum, has had its price reduced by $90,000.She said that could change if the current strong market conditions wre threatened by the coronavirus and a recession.“It could create a sense of urgency if sellers are worried about things going pear shaped, so they might do whatever it takes to sell rather than hold on for another six to 12 months.”Among the properties up for grabs is a near-new four-bedroom, four-bathroom home in Fig Tree Pocket, recently had its price reduced by $200,000 and is now on the market without a price guide.Owners Todd and Julie-Anne Clements have been trying to sell the property at 5 Cubberla Street since May last year. This house at 5 Cubberla St, Fig Tree Pocket, has had its price slashed.Mr Clements said that after running a business for more than 30 years, he and his wife had decided it was time to sell and have the freedom to do something else. He said the property was a bargain at the current price.“If you add up how much the house cost, the pool, the landscaping — we spent $90,000 just in earthworks,” Mr Clements said.“You’re moving into a house that won’t cost you anything structurally.“And there’s nothing like a new home.” This house at 5 Cubberla St, Fig Tree Pocket, is for sale at a discounted price.Marketing agent Benjamin Smith of Brisbane Real Estate said the owners were initially wanting $2 million for the home, but agreed to drop the price to $1.8 million.“He realised (the price) was a bit high and made the adjustments to meet the market,” Mr Smith said.“It all comes back to price. If you’re priced above the market, you won’t sell.“We’re seeing activity and also buyers around at the moment are buyers — not just lookers. They’re out trying to buy a house.“Of course, interest rates have come down a bit more, which has helped.” A riverfront block of land in Corinda has had its price reduced by $200,000.If it’s land you’re after, a huge riverfront block at 1 Tapley St, Corinda, has had its sale price slashed by $200,000 — and it’s flood free.Marketing agent Jason Adcock of Adcock Prestige said the price had been reduced to $2.28 million, with the Singapore-based sellers wanting to “clear the decks”.Mr Adcock said the new sale price was significantly less than the $2.55 million the vendors paid for the property eight years ago, making it a bargain for a block of that size.“They were going to build a spectacular architect designed home on there, but their circumstances have changed, so we’re trying to offload it,” Mr Adcock said. This house at 11 Great Northern Hwy, Hamilton Island, has had its price slashed by $600,000. Photo: Supplied.More from newsParks and wildlife the new lust-haves post coronavirus9 hours agoNoosa’s best beachfront penthouse is about to hit the market9 hours agoBut the biggest bargain — for those who can afford it — is to be found on Hamilton Island, where a renovated six-bedroom home has had its price slashed by a whopping $600,000.The property at 11 Great Northern Highway was originally priced at $6.4 million and has been reduced to $5.8 million.Queensland Sotheby’s International Realty – Whitsundays selling agent Wayne Singleton said the home was being sold fully furnished and with two golf buggies. This acreage property at 153 Trafalgar Dr, Morayfield, has had its price reduced by $150,000. HOMES WITH THE BIGGEST SALE PRICE DISCOUNTS ON THE MARKET Address Suburb Reduced price Previous price Saving 1. 11 Great Northern Hwy Hamilton Island $5.8m $6.4m $600,000 2. 314 Canvey Road Upper Kedron Over $1.1m $1.45m $550,0003. 21/112 Dickson Way Point Lookout $385,000 $695,000 $310,0004. 16/32 Rock Street Scarborough Over $900,000 $1.15m $250,0005. 176 Mein Street Scarborough Over $850,000 $1.1m $250,0006. 5 Cubberla Street Fig Tree Pocket Around $1.8m $2m $200,0007. 153 Trafalgar Drive Morayfield Over $849,000 Over $999,000 $150,0008. 7/72 Pine Street Wynnum $749,000 $839,000+ $90,0009. 2501/118 Parkside Circuit Hamilton $415,000+ $425,000 $10,00010. 34 Scriven Street Mount Crosby $615,000 $659,000 $44,00011. 32 Morrow Street Taringa $1.1m – $1.2m $1.1m – $1.25m $5000(Source: Realestate.com.au)last_img read more

Quitting smoking ‘reduces anxiety’

first_imgHealthInternationalLifestylePrint Quitting smoking ‘reduces anxiety’ by: – January 2, 2013 Sharing is caring! Share Tweet Sharecenter_img Share Researchers followed nearly 500 smokers attending NHS stop smoking clinicsSmokers who successfully quit feel less anxious afterwards – despite the belief that smoking relieves stress, researchers say.The British Journal of Psychiatry study followed nearly 500 smokers attending NHS stop smoking clinics in England.It found a “significant” decrease in anxiety levels among the 68 smokers who had quit after six months.The effect was greater among those who had mood and anxiety disorders than those that smoked for pleasure.The researchers – drawn from several universities including Cambridge, Oxford and Kings’s College in London – said the findings should be used to reassure smokers attempting to quit that concerns about increased anxiety levels were unfounded.WithdrawalHowever, the study did suggest that a failed attempt to seemed to increase anxiety levels by a modest degree among those who had mood disorders. For those who smoked for pleasure a relapse did not alter anxiety levels.The researchers said it seemed that smokers – particularly those that smoked to cope – were more likely to have a cigarette soon after waking up to stave off withdrawal symptoms, which include anxiety.By quitting, they removed these repeated episodes of anxiety and felt less anxious as a result, they added.It comes as the government has launched a graphic anti-smoking advertising campaign, which features a cigarette with a tumour growing from it, and as many smokers prepare to quit as part of their new year resolutions.BBC News 17 Views   no discussionslast_img read more

Am I Paranoid?

first_imgA few weeks ago I wrote a blog on how poorly I thought the umpires did in calling balls and strikes this year.  It appeared to me that they wanted the New York Mets to be in the World Series.  In the final game against the Cubs, there was one series of ball/strike calls that cemented my belief.  When TV showed the replay of 3 straight pitches, all 3 pitches missed the box that is supposed to be the strike zone.  In fact, not one of the three pitches was even close to the box.  One of the pitches even hit the dirt before the catcher caught it.  The Mets pitchers are good enough that they do not need any help.  Even though the Mets swept the Cubs, only one of the four games even resembled a blowout.  I wonder how soon it will be until we have a robot calling balls and strikes.  They are going to expand replay next year, so they might as well eliminate umpires completely.last_img read more

Ruth Walsh, 97, Holton

first_imgRuth M. Walsh, 97, of Holton passed away at 5:25pm, Tuesday, July 23, 2019 at the Kings Daughters Hospital in Madison. She was born in Osgood on August 26, 1921 the daughter of Avery and Estelle Whalbring Brower. She was married to John Leslie Walsh on June 13, 1939 and he preceded her in death on February 19, 2011. Survivors include three sons Lloyd Walsh of Versailles, Alan Walsh of Nashville, and David (Janie) Walsh of Malabar, Florida; 10 grandchildren, 28 great-grandchildren, and 20 great-great-grandchildren; one brother Dwight (Virginia) Brower of Bartow, Florida; one sister Joyce (Joe) Hardy of Ft. Defiance, Arizona. She was also preceded in death by her parents, her son Gary, brothers Charles Brower and Avery Brower, Jr., and her daughter-in-law Bernice Walsh. Mrs. Walsh attended grade school at Dabney and was a 1939 graduate of Holton High School. She was a 20 year employee of the Southeastern Career Center in Versailles where she worked as a bookkeeper and was also the schools treasurer. Leslie and Ruth spent their retirement winters in Florida and also traveled all 48 states in the continental US as well as traveling to the Holy Land. Ruth helped organize the Cub Scouts in Versailles and also helped in organizing the PTO in the Versailles Schools. Ruth was a member of the Versailles Baptist Church where she served as a Deaconess, Sunday school teacher, director for the BYF, and sang in the choir. She was a former member of the Ripley County Farm Bureau and the Rebekah Lodge at Holton. Funeral services will be held on Saturday, July 27th at 12pm at the Versailles Baptist Church with Rev. Mike Cantrell officiating. Burial will be in the Holton Cemetery. Visitation will also be at the church beginning at 10am Saturday. Memorials may be given to the Holton Cemetery in care of the Stratton-Karsteter Funeral Home in Versailles.last_img read more