IPE View: The starting gun for a power revolution?

first_imgWhat Tesla’s battery technology represents is the final piece of a jigsaw that, if completed, could enable less developed countries to leapfrog into power generation in a similar way that many countries jumped into the mobile revolution. Anyone travelling to India will soon discover that the mains power supply is unreliable. Households and companies are incurring significant expenses in dealing with the problems of intermittent supply by buying back-up solutions such as diesel generators, diesel, etcetera. Moreover, large parts of many emerging countries do not yet even have access to the grid, and there are numerous places where it would be very costly to scale out the conventional grid.What many emerging economies do have in plenty is sunshine, and the combination of much lower costs for photovoltaic solar cells and cost-effective battery storage systems could be transformative – particularly so if electric cars like Tesla’s become ubiquitous, as their batteries could be used to supplement home storage. Ajay Shah, an Indian economist, sees enormous potential for Tesla’s Powerwall in remote communities in India. Roofs could be equipped with photovoltaic cells, perhaps supplemented by diesel generators for peak loading, while battery storage could be used to by-pass the need to be connected to the grid.But what the Powerwall represents is still just an incremental change to existing battery technology. Once you get beyond the hype, there are still many things that need to happen before the potential of battery storage can revolutionise power generation.First, as Shah points out, higher oil prices would help to encourage the development of alternatives. He favours a global carbon tax, although I suspect this may be an issue for poorer countries. Second, in industrial countries, there needs to be continued government support for R&D and adoption of renewables and electric cars. Third, there needs to be continued worldwide scientific progress with batteries – Tesla’s product is relatively expensive for the power output it can produce. Fourth, Shah believes there needs to be sustained low interest rates globally for a long time, as these technologies require high capital costs but have close to zero running costs. And fifth, countries may needs electricity policies that give time-of-day pricing all the way to each household, ideally with a mechanism for distributed producers to sell electricity back to the grid at a cost that reflects that faced by the grid in delivering electricity to that location.Tesla’s announcement is certainly of importance to both developed and emerging economies as a clear stepping stone to a possible future. But Tesla’s selling price to installers of $3,000 (€2,690) on top of the cost of solar cells, etcetera – together with a continuous output of just 20,00 watts that won’t make it powerful enough even for just a couple of domestic devices – makes it an unattractive proposition for the mass market.However, what it does suggest is that technology is now making great strides in the right direction. The importance of the Tesla Powerwall may not be what it can do but rather its inspiring vision for the future. Even if it takes another decade, the ability to have large-scale, low-cost rechargeable batteries may be far more significant than a flashy sports car.Joseph Mariathasan is a contributing editor at IPE The new large-scale Tesla Powerwall battery is important but perhaps not for the reasons you think, Joseph Mariathasan writesSeveral friends of mine have now been for test drives of Tesla’s electric sports cars. I’m not convinced they were seriously thinking of buying one, but they certainly enjoyed the ride! Whilst Tesla’s sports cars have certainly been a hit, what the company may eventually become famous for is the development of large-scale Lithium Ion batteries, which could transform the economics of alternative energy sources. Chief executive Elon Musk unveiled the Tesla Powerwall last week. This device is designed to store energy at a residential level for load shifting, backup power and self-consumption of solar power generation. If it does fulfil its potential, it could be the first step towards a revolution in power generation.Alternative power sources in the form of photovoltaic cells and wind energy have attracted huge amounts of government subsidies in an attempt to foster viable alternatives to fossil fuels. A key drawback for both is the fact they are intermittent providers of energy – you only get solar power during the day, whereas maximum demand for energy may be at night. Similarly, wind power cannot be guaranteed to supply energy when it is needed.Another significant drawback is that they both require large amounts of space unlike conventional power plants, whether fossil fuel burning or nuclear. In Europe, with a highly developed grid supply, the need is for power sources that can be switched on and off to add power at times of peak demand. In emerging markets like India, the grid supplies do not even supply base power, leading to numerous power cuts, whilst more remote areas may have no electricity at all.last_img read more

German doctors scheme invests in Prime Capital infra fund

first_imgThe investment strategy is based on early access to projects, securing good wind sites, focusing on technology and support for developers to make the projects commercially viable and attractive.Projects in the Nordics can achieve profitability without receiving subsidies from the governments due to lower costs to generate electricity. Prime Capital has already identified three investment projects in Sweden and Norway.Werner Goricki, chief investment officer at Prime Capital, said: “We want to satisfy the growing appetite of investors that look for sustainable investments, attractive, risk-adjusted returns.”He said the infrastructure fund has attracted a broad range of institutional investors that can access large-scale projects, adding that the firm’s recet deals “have brought together consortia of international investors that reinforced our relationships, paving the way for this fund.”NAEV increased its investment volume by 4.1% in 2019 to €13.69bn with returns of €235m to €608m.The pension fund has gradually reduced its exposure to asset classes where returns are based on interest rates, while adding private debt to its portfolio.Bonds make up 31.2% of its investments, compared to 37.4% in 2016, plus 13.5% in convertible bonds. It also invests 11.6% in mortgages; 16.4% in real estate, 10.5% in  equities, 4.7% in private equity, 6.1% in infrastructure, and the remainder in other alternatives, including private debt (3.1%).The COVID-19 crisis has added pressure to markets and asset classes since March, the fund stated. NAEV avoided forecasts for the second half of 2020, but believes stock market performance this year will certainly be significantly below the prior year.To read the digital edition of IPE’s latest magazine click here. Nordrheinische Ärzteversorgung (NAEV), the German doctors’ pension scheme, has invested in Prime Capital Asset Management’s Prime Green Energy Infrastructure Fund.The investment fund, which at the time of the first closing reached €202m, will deploy the capital in energy infrastructure projects in the Nordics, primarily Sweden, Norway, Finland. Other European countries can follow subject to investors’ approval, the firm said.Prime Capital is targeting a total volume of €500m for the infrastructure fund, with a final closing expected in Q2 2021. The fund will have a life span of 10 years plus an extension option up to a maximum of two consecutive two-year periods, it said.The firm opted for Scandinavia because onshore wind power is the most cost-efficient technology for electricity generation in the region, which offers a low level of Levelized Cost of Electricity, or LCOE, in Europe, it added.last_img read more

Stout-Glazed Ribs.

first_imgFood & DiningLifestyle Stout-Glazed Ribs. by: – July 11, 2011 Stout-Glazed RibsThese mouth-watering ribs are sure to be a hit at your next backyard barbecue. The honey-mustard marinade used for these pork ribs will have all of your friends coming back for more.Throw some sweet onions on the grill, serve some cool refreshing drinks, and you will have everything you need for a great summer get-together.Ingredients:2 pounds pork loin back ribs1 12-ounce bottle stout1/2 cup chopped onion1/4 cup honey mustard3 cloves garlic, minced1 teaspoon caraway seedSalt and pepperFresh sage leaves (optional)Grilled sweet onion wedges (optional) Directions:Place ribs in a 1-gallon sealable plastic bag set in a shallow dish. For the marinade, stir together the stout, onion, honey mustard, garlic, and caraway seed. Pour the marinade over ribs. Close the bag. Marinade ribs in the refrigerator for 6 to 24 hours, turning bag occasionally.Drain the ribs, reserving marinade. Sprinkle ribs with salt and pepper. Pour marinade into a small saucepan. Bring to boiling; reduce heat. Simmer, uncovered about 15 minutes or until the marinade is reduced by about half.Meanwhile, prepare grill for indirect grilling. Test for medium heat above the drip pan. Place ribs, bone side down, on the lightly oiled grill rack over the drip pan. Cover and grill for 45 to 55 minutes or until juices run clear, brushing ribs frequently with marinade during the last 10 minutes of grilling. Discard any remaining marinade. Garnish with fresh sage leaves and serve with grilled sweet onion wedges, if desired.Makes 4 servings. Share 23 Views   no discussions Recipe source: Better and Homes and Gardenscenter_img Share Sharing is caring! Tweet Sharelast_img read more

Inter kit goes square with Nike

first_img Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable Way7 Universities In The World With The Highest Market ValueTop 10 Most Romantic Nations In The WorldThe 18 Most Visited Cities In The World7 Theories About The Death Of Our UniverseWho Is The Most Powerful Woman On Earth?A Hurricane Can Be As Powerful As 10 Atomic Bombs10 Unusual (And Stunning) Human TraitsThe Very Last Bitcoin Will Be Mined Around 2140. Read More10 Risky Jobs Some Women Do5 Of The World’s Most Unique Theme Parks9 Iconic Roles That Got Rejected By World Famous Actors A leaked version of the Nike Inter away kit for the 2020-21 season seems to be white with a thin blue and black checked stripe effect. According to the pictures on Footyheadlines.com, the shirt will have a geographic print made up of large squares, created using thin blue or black stripes. read also:Inter boss Conte expecting more from ‘shy’ EriksenAdvertisement Loading… center_img The stripes would continue on the shorts, with blue on one side and black on the other. There is a large gap on the back for the players’ names and another for his number. FacebookTwitterWhatsAppEmail分享 last_img read more

Butland could make loan switch

first_img With just a few days of the current transfer window remaining, Hughes has promised Butland he will try to get him another loan deal – with the right club. “We’ll look at every player’s individual circumstances,” said Hughes. “Jack’s an outstanding ‘keeper – I’m very fortunate I’ve three outstanding ‘keepers. In that respect we are well served. “The important thing for Jack is his development, and we have to make sure the next stage of his career is correct so he progresses at the right level. “Ideally we would probably want to get him out and get him some game time, but it has to be at the right club with the right philosophy. “If we have that opportunity of a club that would benefit Jack, and vice versa, then we will look at it. “If that’s not the case then he will stay here and work with an excellent group of goalkeepers and he will learn doing that as well.” Asked whether he would consider another Barclays Premier League club for Butland, who played for England against Italy last year, Hughes added: “It’s about circumstances. The 20-year-old was signed by Hughes’ predecessor at the Britannia Stadium, Tony Pulis, for £4million from Birmingham on the final day of the January transfer window. Butland was immediately loaned back to Birmingham for the remainder of the Championship campaign, but is back at Stoke where he finds himself as third choice behind Asmir Begovic and Thomas Sorensen. “We’ll look at every individual situation and see whether the benefits outweigh the negatives.” Butland has been linked with a switch to West Brom in light of Ben Foster being out for 12 weeks with a stress fracture of a bone in his right foot. West Brom head coach Steve Clarke, however, is keeping his cards close to his chest as he said: “It’s disappointing for Ben because he worked hard all pre-season, and we saw with his level of performance he was in a really good place. “But these things (injuries) are a part and parcel of football, he has to deal with it, and we’re looking at 12 weeks maximum. “Looking at the market we’ll see if we can get an experienced back-up, but I’m not going to speak about names. “There are a number available, some out of contract, and so a number of ways to do a deal.” Stoke manager Mark Hughes is considering loaning out goalkeeper Jack Butland. Press Associationlast_img read more

Cricket News India Women’s Cricket Team Continue Unbeaten Run, Take Unassailable 3-0 Lead Vs South Africa

first_imgNew Delhi: India women cricket team’s spinners, led by Radha Yadav’s 3/23 and superb spells from Deepti Sharma and Poonam Yadav restricted South Africa to 98/8. Despite losing some quick wickets, Harmanpreet Kaur held firm and smashed an unbeaten 34 as India crossed the line by five wickets to take an unassailable 3-0 lead in the series at the Lalabhai Contractor stadium in Surat on Thursday. None of South Africa’s batters could capitalise on a good start provided by the openers, with Lizelle Lee and Sune Luus stitching a solid 23-run stand in five overs. Lee, in particular, looked in aggressive touch with two fours off Deepti Sharma. However, when Radha Yadav and Poonam Yadav got the wickets of Lee and Luus in successive overs, South Africa lost total momentum. Laura Wolvaardt and Nadine de Klerk tried to break the shackles with a four each off Pooja Vastrakar. Woolvardt, who plays for the Brisbane Heat in the Women’s Big Bash League, smashed two fours off Radha Yadav. However, Harmanpreet Kaur got rid of Wolvaardt for 17 and Radha got her second by getting de Klerk out for 11. Anne Bosch tried to get South Africa past hundred with a couple of boundaries but when she fell for 11 to Radha Yadav, South Africa managed stumbled. Deepti Sharma got two wickets in the final over and South Africa ended on 98/8.Also Read | 15-Year-Old Shafali Verma Helps India Take 2-0 Lead Against South Africa In T20I SeriesShafali Verma started off with a couple of fours but she fell to Shabnim Ismail. Smriti Mandhana’s poor run continued when she fell to Ayabonga Khaka for 7. India had some nervous moments when Luus got the wicket of Jemimah Rodrigues but Harmanpreet Kaur and Deepti Sharma got India closer with a couple of boundaries. Also Read | Smriti Mandhana, Harmanpreet Kaur To Miss Women’s Big Bash League For National DutiesDeepti Sharma and Veda Krishnamurthy fell but Harmanpreet sealed the deal with a four off Ayabonga Khaka as India took an unassailable 3-0 lead in the six-match series. India and South Africa both agreed to play two extra Twenty20 Internationals after two games were abandoned without a ball being bowled in Surat. Thus, the five-match series has become a six-match series and the final match will take place on October 4. The ODIs will start from October 9 and they will take place at the Reliance Stadium in Vadodara. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more

STAG Beer, Let’s Bet Sports on board tournament

first_imgSTAG Trinidad Northern Rugby Football Club will headline Sunday’s Guyana Carnival 7s Rugby tournament, which is set for the Georgetown Football Club (GFC) ground, from 13:00hrs. The tournament, which is in its second year, will see Ansa McAl behind their STAG Beer brand as the title sponsor, while the Guyana Lottery Company’s Let’s Bet Sports, Pepsi and Ramps Logistics are the other major sponsors.The STAG Beer-sponsored Trinidadian Rugby Club, one of the Twin Island Republic’s oldest in the sport, will be competing in Guyana for the very first time, and will face the likes of Panthers, defending champions Pepsi Hornets, Caribs and Guyana Police Force.Pepsi Hornets are expected to be boosted by the likes of Abdullah Silverton, arguably one of the best players in Trinidad, and Blaise Bailey, who is returning from the United States. However, the organiser feels the visitors will be the team to beat along with the youthful Panthers unit.Rawle Toney, vice-president of the Pepsi Hornets Rugby Club and one of the principals behind the tournament, stated all is set for the second edition of the only sporting event on the Guyana Carnival calendar.Toney indicated that players will want to use the tournament to fine-tune their skills ahead of Rugby Americas North (RAN) Sevens tournament in July.Meanwhile, Ansa McAl’s STAG Beer Brand Manager, Nigel Worrell, made a presentation to Pepsi Hornets treasurer Roger Perreira at the company’s Beterverwagting (BV) headquarters.According to Worrell, the sponsorship once again demonstrates Ansa McAl’s continued commitment to sports and in this case, sports tourism, since the tournament will feature teams and players from outside of Guyana.Worrell noted that the company will continue to support the STAG Beer Carnival 7s and encourages everyone to head down to the GFC ground tomorrow to support the event.The tournament will mark Let’s Bet Sports’ first time sponsoring rugby and the company already said that they’re looking forward to working closely in helping to push the sport.last_img read more

Lady Jags impress in 2-0 win over Antigua and Barbuda

first_imgTWO matches, two wins and a clean sheet is the story so far for ‘Lady Jags’ in the CONCACAF U-20 Women’s U-20 Championships Qualifiers.Last Sunday Guyana dominated Antigua and Barbuda in every third of the pitch to secure a 2-0 win and moved to the top of the table (on goal difference) ahead of St Lucia, who also won their second game in as many matches, with a 2-1 upset over Bermuda.Head coach Dr Ivan Joseph opted for an unchanged 11 from his previous win (2-0) against Bermuda; a move he said was necessary since the intention was to “give us more chemistry and cohesion”.Having not seen Antigua and Barbuda play, Dr Joseph also reasoned that having an unchanged starting team was important, adding, “We didn’t know anything about what they did. We just wanted to do the things that we needed to do to become a better football team – to defend well, to be organised and to execute our attacking set plays.”Lady Jags strike force – Brianne Desa (left) and Kiana KhedooFrom the start, Lady Jags made it clear to the Antiguan ladies that it was going to be a long night. Tiandi Smith, Audrey Narine and Jenea Knight were thorns in the visitors’ feet upfront, while Kiana Khedoo was exceptional in distributing the ball from the midfield and captain Brianne Desa and her troops in the back held off any challenge they faced.After a few missed chances, Guyana broke the deadlock in the 24th minute, when Smith, playing onto a ball from Khedoo, found herself one-on-one with an advancing Antiguan goalkeeper.Smith was brought down and the referee immediately pointed to the penalty spot. However, the goalkeeper was injured and was replaced by Alexandria Jackson.Desa, the team’s captain, stepped up and calmly converted, much to the delight of the vocal fans.The half ended 1-0, but had Guyana scored at least half of their chances, they would have been up by at least four goals.While the first half of the game had much to offer, the second half saw Guyana basically playing against themselves, as Antigua decided to sit back deep to avoid a lopsided defeat.However, Khedoo’s impressive evening paid off in the 60th minute when she ran onto the ball just outside the ‘18’ and curled her shot to the top left of the goal. It was a beautiful strike, timed perfectly and hard. She celebrated as soon as it left her feet.Up next for Lady Jags is a clash against St Lucia, on Friday, which could possibly determine the winners.Both sides are undefeated and Johnson, talking to Chronicle Sport following his side’s impressive 2-0 win over Antigua, said, “We have three days’ rest, so we need to get them away from football … we have two days to prepare for St Lucia, who have been quite the scorers.“They get a lot of goals in, they’re fast, and they’re strong, so our job is to heal our injuries, look at the St Lucia tape and decide what the game plan is.”last_img read more

LA Metro breaks ground on Phase 2 of Expo Line

first_imgThe Los Angeles County Metropolitan Transportation Authority broke ground Monday at the Santa Monica station for the start of construction on Phase 2 of the Expo Line, a mass-transit project that will connect Culver City to Santa Monica.Groundbreaking · Los Angeles Mayor Antonio Villaraigosa, Santa Monica Mayor Richard Bloom and Culver City Mayor Michael O’Leary attended the ceremony Monday. – Courtesy of John HayesMost of the track will go along Exposition Boulevard with two stations near the USC campus, one at Exposition Boulevard and USC and one at Jefferson Boulevard and USC.Construction began for Phase 2 of the Expo Line, although the completion of Phase 1 has been delayed because of budgetary problems and issues that arose while testing the tracks.Phase 1 of the Expo Line, which has been under construction since 2006 and will offer service from Seventh and Figueroa Streets to Culver City, was scheduled to begin service by November 2011. The opening date has been pushed back, however, to the end of this year or the beginning of 2012, said Samantha Bricker, chief operating officer of the Expo Line Construction Authority.With many worrying about the completion of the Expo Line, Bricker that the authority will handle Phase 2 of the construction differently than Phase 1.“We actually have a different situation for Phase 2,” Bricker said. “We now have a fixed price contract for Phase 2 … and a different contractor … we feel very good about the contractor. They have locked in the price for construction and design.”Bricker said Phase 2 would be completed by 2015. This came as a disappointment to many students who were looking forward to riding the Expo Line to Santa Monica and other popular locations.“The extension will make [transportation] much easier for [students],” said Michelle Kim, a freshman majoring in political science. “I am pretty confident that students will use [the Expo Line] to explore the area and specifically the Santa Monica area.”Upperclassmen are also disappointed because they will most likely not have the opportunity to utilize the Expo Line while attending USC.“I feel that a lot of students are frustrated,” said Abigail Grabow, a junior majoring in occupational therapy and psychology. “Our public transportation is a bus and it takes forever, so no one goes to Santa Monica often. Having the line open would make traveling to other places easier.”The opening of the Expo Line will allow students to easily travel to Downtown Los Angeles as well as to Santa Monica.Students also said they want more information on the Expo Line so they can be updated on the completion of construction and locations the line will service.LA Metro began releasing test results for the Expo Line this summer and intends to inform students about the services the Expo Line will offer when it opens, Bricker said.“We will be informing students and working with student affairs to help spread the word,” said David Galaviz, executive director of local government relations for the university. “It will be a combination of letting students know that the trains will be tested and when Metro will open the line so that there are no false expectations.”last_img read more

Carsten Koerl, Sportradar: Adapting at speed to counter loss of ‘real’ sport

first_img David Lampitt, Sportradar: F1 presents betting’s most sizeable opportunity August 14, 2020 StumbleUpon Sportradar combats social media abuse with player protection solution August 17, 2020 Submit Related Articles Share In the nearly 20 years since Sportradar was founded, I have never seen our landscape change so drastically in such a short period, writes the company’s CEO Carsten Koerl.In just a few weeks, we have gone from celebrating and looking forward to a diverse range of global sporting events, to the widespread cancellation and postponement of almost all live sport affecting millions of people connected to this dynamic industry.This unprecedented time in history continues to impact every value chain in sport, from teams and leagues to service providers and operators.Crucially, it has made us all think and act differently. However, our business, sector and increasingly the world we live in is showing just how resilient, adaptable, and entrepreneurial it can be – and at a speed no one thought possible.It is this entrepreneurial spirit within all our teams working remotely across the globe that has seen us pull together to not only maintain, but also significantly expand our product and service levels when our customers need it more than ever. We know ‘real’ sports will come back, and when they do, everyone will celebrate, but the absence of live action has seen an increased demand for innovative and non-traditional sports coverage. At Sportradar, we listened carefully to our customers and pivoted our business strategy to continue to provide support for the wider industry. We have gone beyond the days of being just a traditional data specialist and have evolved into a cutting-edge technology player.Innovation is the cornerstone of Sportradar and thanks to that, we have seen our sports content and coverage above 2019 levels. So far in the month of April, there has been an 11% increase (and growing) in its available sports content compared to April 2019. This also means that our Live Odds coverage is up by 30%, while Live Data is up 20% compared to this time last year.We recently released our AI-driven Simulated Reality product which went from initial concept to live in just ten days. We also added to our Gaming Solutions portfolio with the release of Euro Cup 2020, allowing fans to engage in the popular football tournament as realistically as possible using our comprehensive real-life sports data and motion capture technology. We also continue to work incredibly closely with our sports partners to help create new and unique events, offering a mixture of live odds, data, AV and streaming. As part of this, we are providing official coverage, betting and streaming opportunities for several specially designed esports tournaments featuring some of the world’s top-tier players.Crucially this new content has been sourced and delivered to the market with the same industry leading security and integrity processes and measures in place that Sportradar has always adhered to. Maintaining the integrity of the data and products we provide together with that of the sporting events themselves is a key building block of everything we do.It has been a huge challenge to achieve this in such a short space of time, but it has been worth it. The innovative steps we have taken to deliver immersive technologies is not only enabling our industry to continue while live sports gradually return, but it is also allowing fans to experience and engage in new ways with the sports they passionately follow. None of us can predict the future. But, we are doing everything we can to help our customers and partners during this unsettling time. To say I am enormously proud of our response, our technological advancements, and the steps we have taken to ensure our customers continue to generate revenues would be an understatement. Carsten Koerl will deliver the opening keynote address at the inaugural SBC Digital Summit on Monday April 27th at 9.15am BST / 10.15 CEST. Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Sharelast_img read more