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Report sees India’s reliance on thermal power dropping to 50% in 2021, 43% in 2026

first_imgReport sees India’s reliance on thermal power dropping to 50% in 2021, 43% in 2026 FacebookTwitterLinkedInEmailPrint分享ETEnergyworld.com:India’s dependence on thermal power will reduce to 50 per cent by 2021-22 and 43 per cent by 2026-27 on the back of renewable energy (RE) capacity additions, a report said. Thermal power includes diesel, gas and coal-based electricity generation which contributes 63 per cent of total electricity generation capacity in India as per the report.“India is chasing ambitious RE targets and enhancing its T&D (transmission & distribution) infrastructure. Increasing RE use is decreasing dependence on coal. Contribution of the thermal sector will reduce to 50 per cent by FY22 and 43 per cent by FY27,” said a report by Praxis Global Alliance and ZetwerkAccording to the report the installed power generation capacity has increased at 8.6 per cent CAGR over the period FY12-FY19 and renewable energy is growing at the fastest pace. New private investment in the generation sector is expected to be largely in the renewable sector, it added.The report showed that owing to past bad experiences, long-term PPAs (power purchase agreement) in thermal power are unlikely to pick-up in the future.Renewables sector is likely to continue with long-term PPAs, it added.More: India’s dependence on thermal power will reduce to 50 per cent by FY22: Reportlast_img read more

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The August Issue of Blue Ridge Outdoors is Live

first_imgDEPARTMENTSQUICK HITSCrowded A.T. • West Virginia’s new bouldering park • New Virginia license plate to honor runner • Gravedigger raceFLASHPOINTOnly 45 red wolves remain in the wild—all in North Carolina. A small group of landowners wants their protections removed. A decision next month will decide whether red wolves go extinct.THE DIRTScott Jurek broke the A.T. speed record last summer. Can his friend and fellow ultrarunner Karl Meltzer notch a new record in 2016?THE GOODSAdventure guide Sara Bell shares her swimming hole gear essentials.TRAIL MIXMandolin master Sam Bush explores his songwriting side on new album.FEATURESADVENTURE UNeed to ditch the books and play hooky? Here are the 10 best college campuses in the Southeast and Mid-Atlantic for outdoor adventure.PARK N’ PLAYCelebrate the National Park Service’s 100th birthday by splashing in one of these 10 swimming holes in the Smokies, Shenandoah, and along the Blue Ridge Parkway.FIRED UPSmokey the Bear got it wrong: forests need wildfires to stay healthy. But are we willing to allow wildfires to burn? Fires in Linville and Shenandoah spark new debates.FIRST OBSTACLE COURSEA tough mudder race tests an again dad.last_img read more

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Long Island Slowly Drifting Toward Connecticut

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Illustration by Jon MorenoWASHINGTON, D.C.—The U.S. government released a long-awaited geological report that contains startling news for the New York area.According to data released this morning, the whole of Long Island has begun to slowly drift northeastward, toward Connecticut.“The reason for this is unclear,” said a U.S. Geological Survey spokesperson, “but shock waves from the recent massive earthquakes in the Western Pacific basin might have loosened the crystalline bedrock on which Long Island has rested since the Paleozoic Age.”According to the report, the Island is drifting 96.52 cm (38 in.) per year—slowly enough to escape public notice, but fast enough to cause considerable damage when the North Shore of Long Island inevitably collides with the shoreline of Connecticut.“Shifting tectonic plates in our area,” continued the spokesperson, “could speed up this move dramatically. But it’s too early to calculate exactly how fast the Island will be traveling when it hits the mainland.”According to maps accompanying the report, Brooklyn will graze Westchester County and continue moving in a northeasterly direction until it comes to rest near Greenwich, Conn.On the eastern end, Montauk will wind up moving into Narragansett Bay.Manhattan and the Bronx will then be exposed directly to the Atlantic Ocean, and will develop miles of beaches along the East Side, stretching from Canal Street up to the previous site of the Throgs Neck Bridge. (These new ocean beaches will replace the entire FDR Drive and Avenues C & D.)Northport, LI, will run into Fairfield, Conn., a severe cultural shock for both communities. Not to mention the astonishment of Mattituck residents waking up to see the historic colonial homes of Old Lyme on the outskirts of their farms.Serious political and economic questions arise:Will Long Island continue to be part of New York State? Or will it become part of a new, expanded Connecticut?Will we actually understand our new senators and congressmen if they talk with odd Connecticut accents?Will wealthy residents of Westport and Fairfield be given access to Long Island beaches—or, as the area will be called, the “Connecticut Hamptons”?Will people from Manhattan forsake the Hamptons for the new “Manhattan Riviera”?Will business travelers continue to use LaGuardia and Kennedy airports, since they are now several hours away from Manhattan?And will the Nets and Islanders be able to draw a new fan base from Fairfield County, whose main sporting interests appear to be Jai Alai and World Wrestling?The governors of both states have called for a joint emergency task force to figure out if this “Island Drift” can be stopped, or at least slowed.Private talks with General Electric, manufacturer of some of the most powerful turbine engines in the world, hint at the possibility of multiple turbines being mounted on the North Shore of Long Island to push it back south, to its original location.But it remains unclear how this multi-turbine plan will overcome strict noise and environmental regulations in both Nassau and Suffolk counties.The U.S. Council of Vodka, Gin, Tequila and Rum Distillers were quick to announce their support for this joint task force, due to their serious concerns about whether “Connecticut Iced Tea” will have the same marketing clout as the current “Long Island Iced Tea.”In related news, a rumor that Texas has also come loose and might wind up separating from rest of the United States was greeted with enthusiasm from most other states.last_img read more

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10 ways to realistically make your first $1 million

first_img 38SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Making $1 million might seem like an impossible goal — but with planning, side gigs, lifestyle tweaks and investing, it’s actually doable. Like any large goal, breaking the steps into manageable pieces can increase your chance of success. See what steps money experts recommend you take to help you make your first $1 million.1. Boost Your Profit MarginA profit margin isn’t strictly reserved for businesses; it also applies to you. “By increasing the gap between what you earn and what you spend, you end up with a profit in exactly the same way a business earns a profit,” said J.D. Roth of personal finance blog MoneyBoss.com. “This profit can then be used to pursue your long-term financial goals.”To specifically reach a million bucks, you’ll need to boost your savings rate substantially more than the normal 5 percent to 15 percent, said Roth. He suggested saving half of your income, and noted that you’ll have to make hard choices of deferring present spending in exchange for future financial success. For two-income families, he suggested choosing to live on one income, and saving and investing the other salary. continue reading »last_img read more

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NYSDOT workers still hard at work despite mild winter

first_imgWhen the temperatures dip and rise within hours, it can cause problems on the roads, such as potholes and cracks. That is when the New York State Department of Transportation steps in to help. “There is a misconception that all DOT does is they just plow roads and, when we have a mild winter like this, people may question, ‘Well what are all you guys doing?’ We have a lot of people out right now plugging potholes before they become a problem,” said Cook. (WBNG) — Though this year’s winter hasn’t created a lot of snow for the NYSDOT to consistently plow, officials say the workers keep busy. NYSDOT spokesperson, Scott Cook, says the department does a whole lot more than plow roadways. In addition, workers there do many road repairs from filling in potholes to fixing guide rails. There are also plenty of trucks and heavy machinery to maintain, which the employees work extra hard on when they have the time to spare on days with better weather. They clean the trucks as well as do safety checks to make sure they are ready for their next challenge. “There’s a lot to do and when we have a mild winter like this, it actually helps us get a jump on the Spring,” said Cook. In the meantime, Cook says it is often easy for drivers to forget NYSDOT workers are still on the roads when the weather is nice. So, he asks for everyone to remain aware and move over whenever you see a vehicle on the side of the road.last_img read more

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Flu vaccine mostly went to priority groups, CDC says

first_imgMar 31, 2005 (CIDRAP News) – Influenza vaccination coverage among people in high-risk groups this season was similar to levels in past years, signaling that the government’s effort to make the most of the limited vaccine supply paid off, federal health officials reported today.Two-thirds of the vaccine doses administered from the beginning of the flu season through January went to people in priority groups, whereas about half of all doses went to those groups in the previous year, the Centers for Disease Control and Prevention (CDC) says. The information appears in the Apr 1 issue of Morbidity and Mortality Weekly Report.In addition, the altruism of healthy adults who skipped their flu shots, “saving vaccine for people who need it more,” according to a phone survey, led to about 17.5 million doses being freed for people in priority groups, the CDC reports.”Despite an unexpected and substantial vaccine shortfall, coverage levels among adults in the original influenza vaccine priority groups were similar to historical demand . . . thereby suggesting the effectiveness of prioritization,” the article says.The nation lost about half of its anticipated flu vaccine supply last October because of contamination at a Chiron Corp. plant in the United Kingdom. The CDC responded by recommending that available doses go to people at increased risk for flu complications, including the elderly, healthcare workers with patient contact, pregnant women, people with chronic medical conditions, children aged 6 to 23 months, people caring for babies younger than 6 months, and children on chronic aspirin therapy. (In late December, healthy people aged 50 to 64 and household contacts of people at high risk were added to the priority list, because of declining demand among other groups.)The findings come from the CDC’s nationwide Behavioral Risk Factor Surveillance System (BRFSS) telephone survey. Because it was the first year certain questions about vaccination were used, the results had to be measured against findings in two other surveys, the 2003 National Immunization Survey (NIS) and the 2003 National Health Interview Survey (NIHIS). The CDC cautioned that only limited comparisons can be made among those surveys.Here’s how the 2004-05 BRFSS and 2003 NHIS findings on vaccination rates compared:Those aged 65 and older: 62.7% and 65.5%Healthcare workers with patient contact: 35.7% and 40.1%Pregnant women and people with chronic conditions: 25.5% and 34.2%Healthy people aged 18 to 64: 8.8% and 17.8%About 48.4% of children aged 6 to 23 months received flu shots this season, the first time the CDC formally recommended flu shots for that age-group. In addition, 34.8% of children aged 2 through 17 with high-risk conditions were vaccinated, which was much higher than the 12% coverage among children in that age-group who were not in a priority group.The Chiron vaccine woes didn’t affect vaccines for children younger than 2 years. But the outcome remains significant because it “suggests how quickly physicians and parents can adopt a new disease-prevention guideline,” the CDC says.”Despite the shortfall of inactivated influenza vaccine, the level of coverage achieved among those groups prioritized in 2004-2005 appears to be similar to historical coverage,” the report states. “Additional guidelines for prioritization of influenza vaccination in the event of a future influenza vaccine shortfall are in development and should assist with efforts to maximize the use of available vaccine.”Limitations of the BRFSS data include potential self-reporting error, exclusion of people without land-line telephones, exclusion of certain vaccine priority groups (i.e., institutionalized adults and adult caretakers of babies younger than 6 months outside the home), and exclusion of vaccinations that took place after the Feb 1-27 survey.CDC: Estimated influenza vaccination coverage among adults and children—United States, September 1, 2004–January 31, 2005. MMWR 2005 Apr 1;54(12):304-7 [Full text]last_img read more

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Management rethink for ‘sparkling’ LSH

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

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Bulog asks for additional Rp 10 trillion to buy rice

first_imgThe price of medium quality rice is averaging Rp 10,202 per kilogram, about 8 percent higher than the retail price ceiling (HET). The price of unhusked rice is Rp 4,977 per kilogram, 17 percent higher than the government’s reference price (HPP).“We hope the government will give a stimulus for additional funds to buy husked and unhusked rice,” Tri said in an online discussion on Wednesday. “With the government’s permission, we will propose it at the limited coordination meeting so that Bulog can get the opportunity to buy as much as it can above the HPP.”The government has asked the agency to raise stocks of basic commodities to control the rising staple food prices, including rice, to anticipate both surging demand during Ramadan and Idul Fitri and logistical disruptions due to large-scale social restrictions (PSBB).Between March and May, the Agriculture Ministry estimates the demand for rice will total 7.6 million tons. The rice harvest reaches its peak in April, and production is expected to exceed demand by 8.3 million tons by the end of May. The State Logistics Agency (Bulog), a governmental body responsible for securing the staple food supply, plans to ask for an additional Rp 10 trillion (US$637 million) from the government to buy rice from farmers to augment rice stocks.The agency’s director of operations and public service, Tri Wahyudi Saleh, said in Jakarta on Wednesday that the extra funds would be enough to procure about 1.2 million tons of rice from the farmers.Tri said that the increase in prices of milled rice and unhusked rice would make rice procurement more costly. With the high price, the procurement would be too costly if the agency had to borrow from banks, he added. However, consumption tends to rise by 3 percent in the period leading up to Ramadan, set to take place on April 23, and by 20 percent leading up to Idul Fitri on May 24, according to a survey by the Agriculture Ministry’s Food Security Agency. Bulog’s sales usually rise by 10 percent over the period.The introduction of large-scale social restrictions in Greater Jakarta, considered the nation’s COVID-19 epicenter, may pose a challenge to the government’s plan.“We have prepared a banner for Bulog logistics [shipments] saying that the goods inside belong to the agency,” said Tri. “This was very helpful when we distributed sugar and rice from Lampung to Jakarta. We were prioritized by the ASDP [state-owned ferry operator] and we were escorted by the local police traffic unit.”The Jakarta and West Java administrations have suspended public activities and have imposed limitations on transportation for 14 days until late April to slow the spread of coronavirus.As of Tuesday, Jakarta, which accounts for about 20 percent of the national rice market, had confirmed 2,335 cases of COVID-19 – nearly half of the total confirmed cases nationwide.Not all staple food supplies are distributed by Bulog. As private retailers also take part in the distribution of staple food, they should maintain product quality despite logistical disruption due to the government’s measures to contain the fast-spreading coronavirus, said Center for Indonesian Policy Studies researcher Galuh Octania.“Even before the introduction of large-scale social restrictions, some distributors complained about delays,” Galuh said in the same online talk on Wednesday. “The shipment of food commodities usually takes a day, but it was delayed by up to three days for various reasons, such as drivers’ reluctance to work or fear of getting stopped [by authorities].”Topics :last_img read more

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Govt to provide $24b pandemic stimulus funding next year

first_imgThe government will provide Rp 25.4 trillion next year for health care, including the procurement of coronavirus vaccines once they are available and to support laboratories and healthcare facilities.It will also provide Rp 110.2 trillion for social aid, including for the Family Hope program, cash transfers and the pre-employment card program, among other things.Furthermore, the government will allocate Rp 136.7 trillion for ministries and regional administrations to improve tourism, food security, industrial areas, communication and technology development and as loans for regions, among other projects.Some Rp 48.8 trillion is being set aside for MSMEs, Rp 14.9 trillion for state-owned enterprises and corporations and another Rp 20.4 trillion for tax incentives.Indonesia has allocated Rp 695.2 trillion in stimulus spending this year to support the cooling economy and fund the pandemic response with the state budget deficit expected to come in at 6.34 percent of gross domestic product (GDP).The government expects next year’s budget deficit to amount to Rp 971.2 trillion, 5.5 percent of GDP, given the need to further boost the economy and provide social and healthcare assistance.Topics : The government will allocate Rp 356.5 trillion (US$24.04 billion) in pandemic-related stimulus funding next year in an effort to further support the country’s economic recovery, as well as to strengthen the healthcare system, including the provision of a coronavirus vaccine, President Joko “Jokowi” Widodo said on Friday.He pledged to continue this year’s stimulus allocation into 2021, which will also include funding for social protection and micro, small and medium enterprises (MSMEs) support, while fiscal relaxation will be implemented again to support the government’s agenda.“We will continue the economic recovery programs along with reform of several aspects,” Jokowi said in his state of the nation speech to the People’s Consultative Assembly in Jakarta.last_img read more

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Russia seals another deal to supply and test its coronavirus vaccine abroad

first_imgDeliveries to India, which has a population of more than 1.3 billion, could begin in late 2020, RDIF said, adding this was subject to the completion of trials and Sputnik-V’s registration by regulatory authorities in India.Phase III trials, involving at least 40,000 people, are ongoing in Russia. Initial results are expected in October or November, RDIF head Kirill Dmitriev has said.Dr Reddy’s, one of India’s top pharmaceutical companies, will carry out Phase III clinical trials of Sputnik-V in India, RDIF said. Following the news, Dr Reddy’s shares rallied to close 4.18% higher in India on Wednesday.The Indian trials could start as early as next month, Dmitriev told Reuters, adding trial results could be followed soon after by domestic regulatory approval of Sputnik-V for mass use in India. Topics : Russia’s sovereign wealth fund will supply 100 million doses of its potential coronavirus vaccine to Indian drug company Dr Reddy’s Laboratories , the fund said on Wednesday, as Moscow speeds up plans to distribute its shot abroad.The deal for its Sputnik-V vaccine candidate comes after the Russian Direct Investment Fund (RDIF) reached agreements with Indian manufacturers to produce 300 million doses of the shot in India, also a major consumer of Russian oil and arms.The agreement brings the total number of doses Russia has so far announced that it will supply abroad to just over 200 million – half to Latin America and half to India. RDIF has said it has received requests totaling 1 billion doses.center_img India said last week it was considering granting an emergency authorization for a coronavirus vaccine, particularly for the elderly and people in high-risk workplaces.Emergency useRussia was the first country to grant regulatory approval for a novel coronavirus vaccine, and did so before large-scale trials were complete, stirring concern among scientists and doctors about the safety and efficacy of the shot.Several countries are now considering adopting “emergency use authorization” measures that would fast-track approval of a vaccine in a similar way, however.”We expect emergency use authorization for Sputnik-V vaccine in major markets,” Dmitriev said.Results of early-stage clinical trials of the Russian shot, which were published in international medical journal The Lancet earlier this month, showed promise, G V Prasad, co-chairman of Dr Reddy’s, was cited in the RDIF statement as saying.”Sputnik-V vaccine could provide a credible option in our fight against COVID-19 in India,” he said.There was no detail about the price of Sputnik-V, but RDIF has said previously it was not aiming to make a profit, just to cover costs.In a press briefing late on Tuesday, Balram Bhargava, who heads India’s clinical research agency, the Indian Council of Medical Research, said high-level talks between India and Russia around the vaccine had been ongoing.”There is a high-level committee of the government of India for vaccines that is in dialogue with the Russians,” he said, adding Russia had a good track record in vaccine development and the early-stage overseas trials of Sputnik-V had been promising.It was not immediately clear whether those talks had been instrumental in the deal between RDIF and Dr Reddy’s.The agreement comes as India’s coronavirus cases surged past five million on Wednesday, piling pressure on hospitals grappling with unreliable supplies of oxygen that they need to treat tens of thousands of critically ill patients.This is Dr Reddy’s first foray into a coronavirus vaccine. It has struck a licensing deal with Gilead Sciences Inc to make and sell COVID-19 treatment remdesivir in 127 countries, including India; launched its generic version of remdesivir under the brand name Redyx; and has also tied up with Fujifilm Holdings Corp to launch Fujifilm’s anti-flu drug Avigan (favipiravir) in India as a COVID-19 treatment. last_img read more