Nuclear Leader David Blee, 66, Dies

USNIC (202) 332-8155

Statement By The U.S. Nuclear Industry Council

Few have had David Blee's ability to navigate the corridors of Washington and consistently advance worthy goals as capably as he.”

— Hon. Bud Albright, USNIC Chairman

WASHINGTON, D.C., USA, December 31, 2019 /EINPresswire.com/ — The United States Nuclear Industry Council (USNIC) announced today that its founder and leader, president and chief executive officer, Mr. David Blee died suddenly this past weekend due to medical complications stemming from an adverse reaction to medication he was taking at the time.

For over 15 years since its founding and that of its predecessor organizations, David has been at the helm of USNIC and has been instrumental in guiding and leading industry efforts to win support for nuclear power in the U.S., and internationally. He was a tireless champion and was highly respected and admired by all for his efforts.

Hon. Bud Albright, the USNIC Chairman and former Under Secretary of the U.S. Department of Energy, stated that "the loss of our friend and able leader, David, leaves our hearts hollow. He was a good man. Few have his ability to navigate the corridors of Washington and consistently advance worthy goals as capably as he. We shall miss him terribly, and as he would want, we shall continue to advance innovation, progress, and the application of advanced nuclear energy technology for the betterment of the world." Hon. Albright also reported that the USNIC board has met and has developed a plan to ensure USNIC's continuity and continued advocacy for the U.S. nuclear industry.

David's public service experience included his current appointment to the U.S. Department of Commerce's Civil Nuclear Trade Advisory Committee and past appointments as a Principal Deputy Assistant Secretary of Energy and Director of Public Affairs for the U.S. Department of Energy – and as Chief of Staff to former U.S. Senator Connie Mack while Hon. Mack was serving in the U.S. House of Representatives.

Prior to founding USNIC and its predecessors, David Blee was an Executive Vice President for NAC International, a U.S.-based energy services and technology company, where he directed the company's Worldwide Consulting Group and Marketing & Business Development portfolios. Mr. Blee was previously a Senior Vice President for the strategic communications firm Robinson, Lake, Lerer and Montgomery.

The son of a Central Intelligence Agency officer who headed divisions in India and the former Soviet Union, David was born in Karachi, Pakistan, and lived 11 of his first 14 years overseas, including six years in India. He graduated from Dickinson College in Pennsylvania with a degree in economics but was soon drawn to politics and public service. David held numerous positions in government and industry over a career spanned several decades but as USNIC's leader he came to focus on efforts to revitalize the nuclear power industry. USNIC plays a key role in many facets of nuclear technology and commerce, and he was widely known as the industry's chief advocate and promoter inside and outside the halls of government.

In addition to his responsibilities as a nuclear industry leader, David was an avid horse racing industry enthusiast and a dedicated and loving husband and father. David Blee died on December 29, 2019 in Kentucky and was 66 years old. David is survived by his wife, Mary Elizabeth, and three children – Cooper, Elizabeth and Augustus Blee; brothers Richard, John and Robert and twin sister Elizabeth.

The United States Nuclear Industry Council (USNIC) is the leading U.S. business consortium advocate for new nuclear and promotion of the American supply chain globally. Composed of over 80 companies USNIC represents the "Who's Who" of the nuclear supply chain community, including key utility movers, technology developers, construction engineers, manufacturers and service.

Caleb Ward
United States Nuclear Industry Council
+1 202-270-1690
email us here


Source: EIN Presswire

Global Axial Flow Impeller Pumps Market to Reach US$482 mn by 2025 As Dewatering Applications Increase

Axial Flow Impeller Pumps Market Report, Forecast to 2025

Axial Flow Impeller Pumps Market

This report focuses on Axial Flow Impeller Pumps volume and value at the global level, regional level and company level.

LOS ANGELES, CALIFORNIA, UNITED STATES, December 31, 2019 /EINPresswire.com/ — QY Research recently published a report titled, “Global Axial Flow Impeller Pumps Market Report, Forecast to 2025”. According to the report, the global axial flow impeller pumps market was valued at US$369 mn in 2018 is expected to reach US$482 mn by the end of 2025, rising at a CAGR of 4% during 2019-2025.

Lower Maintenance and Repair Cost to Propel Market

Axial flow impeller pumps are centrifugal pumps, which are characterized by low discharge pressures and high flow rates. These pumps are useful in places where large quantities of water need to be moved a short distance, such as dewatering applications and circulation of water in power plants and chemical industries. These pumps have various designs to provide higher efficiency among different sectors. Compared to positive displacement pumps they have a low maintenance, susceptibility, and repair costs due to simple design. Changing the pitch on the propeller ensure peak efficiency at low-flow/high-pressure and high-flow/low-pressure. These pumps find their applications in handling sewage from commercial, municipal, and industrial sources. This is the major driving force in the industry.

Get PDF sample copy of this report: https://www.qyresearch.com/sample-form/form/969748/global-axial-flow-impeller-pumps-market

Water and Wastewater Segment to Boost Market

Rapid growth of commercial and residential buildings will require proper water disposal system for sewage and freshwater water. Water and wastewater segment is expected to observe a tremendous growth owing to its range of capacity, lower maintenance, smooth flow rate, and operation cost.

North America to Hold Significant Number of Shares in Global Market

North America is anticipated to grow significantly over the forecast period due to increasing investments in water treatment facilities. Additionally, exploration activities in the oil & gas sector will also drive the demand the market.

Manufacturers to Focus on Reliable and High-quality Pumps

In 2017, Flowserve Corporation took an order to supply $80 million worth of pumps and ebulators to Hengli Integrated Refining Complex Project. The final conversion refinery on Changxing Island in Dalian, Liaoning Province requires nearly 200 pumps to be used in an integrated refining and petrochemical project for the Hengli Petrochemical Complex. The company has been focusing on providing reliable and high-quality pumps and ebulators, to enable successful operation. It is expected to work in coordination with SINOPEC Luoyang Petrochemical Engineering Corporation (LPEC).

The other manufacturers covered in the report includes Grundfos, Xylem, Flowserve, ITT, KSB, Sulzer, LEO, Ebara, DNB, Weir Group, Zigong Pump, Pentair, and others.

Get Complete Report in your Inbox within 24 hours: https://www.qyresearch.com/settlement/pre/95e6de21b5130df1d0baecd70eab7f72,0,1,Global-Axial-Flow-Impeller-Pumps-Market-Report-Forecast-to

Rahul Singh
QY Research, INC.
+1 626 428 8800
email us here


Source: EIN Presswire

The round-the-world expedition Meridian will pursue the global goals in African uncharted countries, Antarctica and more

Meridian Expedition Global Goals Route Africa Antarctica Americas Arctic Europe

Meridian Expedition Route

The Meridian Expedition Logo

The round-the-world expedition Meridian will show sustainability development and environment situation in uncharted countries pursuing the global goals 2030

COPENHAGEN, DENMARK, December 30, 2019 /EINPresswire.com/ — In January 2020 four-year round-the-world ethnographic expedition "Meridian" will start in Africa, going vertically – along the meridian via polar regions, promoting global goals, local sustainable development projects and informing about environment situation.

An Meridian expedition will highlight not only activists, but specialists, scientists and students already implementing projects in the field of sustainable development in different countries (waste processing and secondary raw materials, clean water, transport infrastructure, access to medical services, economic inequality, climate change). A team of three will explore countries along the meridian (between 0° -30° and 90° -60°) through Africa, Antarctica, South, Central, North America, the Arctic and Europe – a total of 38 countries. In order to ensure a detailed, thorough and accurate account of the expedition it is necessary to spend a minimum of one month in each country. The approximate duration of the entire expedition is estimated to be 4 years.
One of the outstanding features of such an itinerary is the opportunity to visit the polar regions – Antarctica and the Arctic, to highlight the activities of scientific researchers there.

The work of universities, scientific communities and researchers, enterprises and projects in the field of sustainable development of different countries –
the Meridian Expedition will show you that the world is actively developing and that the global processes of change are already happening everywhere, in all corners of the world, breaking the stereotypes about the division of countries into “developing "and" developed".

Through contact with local populations, the Meridian Expedition intends to be an “eye-opener” for those who want to see a country's true colours. The destinations will range from capitals and large cities to increasingly rural towns to paint a complete picture. Every country has an unique image and the expedition will share them to build knowledge, dissolve stereotypes, and inspire compassion though portrayal of the development and the clever enthusiasts.

The basic concepts of the expedition: a minimum use of air travel, active use of public transport; exploration of distant, non-tourist regions; refraining from politics, both local and global; creation of media materials that can be afterwards used for educational purposes in different countries.
In addition to popularizing science in general, the expedition seeks to establish and deepen the dialogue between scientific communities, universities, students and teachers of different countries.
The expedition will be conducted in collaboration with Danish and Canadian companies in the field of sustainable development, information and analytical support of African universities as well as support from international polar researchers.

The expedition starts in January 2020 in Algeria. The first year of the expedition will be held in Africa. The intended route along the continent is Algeria, Niger, Nigeria, Cameroon, Gabon, Republic of Congo, Democratic Republic of the Congo, Angola, Zambia, Zimbabwe, Botswana, Namibia, South Africa.

Website: themeridianexpedition.com

Expedition members:
Mr. Vasily Ryabov – retired Russian diplomat
Ms. Alina Titova-Nielsen – Danish international ecologist
Mr. Yuri Gorlyshev – technical expert

Alina Titova-Nielsen
Meridian Expedition
+45 22 33 22 03
email us here
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Source: EIN Presswire

Global Battery for E-bikes Market Report 2020 by Technology, Future Trends, Opportunities, Top Key Players and more…

A new market study, titled “2020 Global Battery for E-bikes Market Outlook”, has been featured on WiseGuyReports.

PUNE, MAHARASTRA, INDIA, December 30, 2019 /EINPresswire.com/ — Battery for E-bikes Market

This report focuses on Battery for E-bikes volume and value at global level, regional level and company level. From a global perspective, this report represents overall Battery for E-bikes market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
Johnson Matthey
Bmz
Lg Chem
Chicago Electric Bicycles
Lico Technology
Joolee
Kayo Battery
Evpst
Shenzhen Mottcell
Tongyu Technology
CNEBIKES

Request Free Sample Report at https://www.wiseguyreports.com/sample-request/4722820-2020-global-battery-for-e-bikes-market-outlook

Segment by Application
Retail
Wholesale

Segment by Regions
North America
Europe
China
Japan

Segment by Type
Lead Storage SLA
Cylindrical Lithium-ion Cell

View Detailed Report at https://www.wiseguyreports.com/reports/4722820-2020-global-battery-for-e-bikes-market-outlook

About Us:
Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

NORAH TRENT
WISE GUY RESEARCH CONSULTANTS PVT LTD
+1 646-845-9349
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Source: EIN Presswire

Future of Healthcare: Progressing Immersive Environment emphasizing Illness Prevention and Lifestyle Modification

Munfarid VRXOne Pediatric Pain Distraction

Munfarid VRXOne Pediatric Pain Distraction

Healium

Healium

Healium VR

Healium VR

HealiumVR

Healium VR

Virtual and Augmented Reality-powered Healium stories heal user’s feelings and imbibe positivity and calmness in them

Immersive technologies are revolutionizing the healthcare industry by infusing innovation in the diagnostic as well as therapeutic procedures.”

— Dr. Sana Farid – Pioneer X-Reality & Ai Strategist

DUBAI, UNITED ARAB EMIRATES, December 28, 2019 /EINPresswire.com/ — "Quality of Life Restored with Immersive Technology that can minimize burn pain and treat the phantom limb post-amputation."

In its very basic form, healthcare can be defined as a sick-care system where sick people or who are acutely ill come to get treated by medically trained professionals. Despite tremendous technological progress and medical innovations healthcare sector hasn’t seen many changes lately. Nevertheless, in the current scenario, immersive technologies are revolutionizing the healthcare industry by infusing innovation in the diagnostic as well as therapeutic procedures. Some of the most useful inventions of immersive technologies in healthcare are:
1. 3D Visualization of human organs on a 100% scale powered by XR has improved the quality of medical care.
2. Surgical training using VR is helping medical students understand the concepts of surgical techniques in a better way in a risk-free environment.
3. Use of VR for early detection and prevention of mental health conditions such as psychosis.
This trend of technological inventions will transform the sick-care system into a lifestyle modification system by implementing predictive and preventive techniques so that diseases and ailments can be prevented before they turn into a chronic illness.

3 P’S OF IMMERSIVE HEALTHCARE: PERCEIVE, PREDICT, AND PREVENT ILLNESS WITH IMMERSIVE TOOLS

"Predictions show that the XR healthcare market will touch $5.1 billion worldwide by 2025"

Immersive Technologies have broadened the horizon of the healthcare industry, transforming its treatment-centric approach into a prevention-centric approach.
For example, we can consider “Life,” a VR based example that empowers learners to train in realistic emergency scenarios to address one serious problem – High Neonatal Mortality Rate. In this regard, Naomi Muinga, a Ph.D. student at the KWTRP, expresses: “The nurses who tried out the system really appreciated how realistic the experience was. They could enter a 3D virtual hospital and practice resuscitating a newborn baby who was not breathing and carry out the steps needed to save her life.”

HEAL YOUR STRESS WITH BRAINWAVE POWERED IMMERSIVE SOLUTIONS

"Virtual and Augmented Reality-powered Healium stories heal user’s feelings and imbibe positivity and calmness in them"

In today’s competitive world stress has become very common which leads to health-related issues such as headaches, chest pain, cardiovascular diseases, depression and several other mental and physical illnesses. To relieve these increasing stress levels, StoryUP Studios developed the world’s first virtual and augmented reality platform, HealiumXR, powered by brainwaves and heart-rate. It is a biometrically controlled device providing a drugless solution for stress management. Healium stories drive humans to an immersive world where their feelings of positivity and calmness are evoked and they feel stress-free as they see themselves healing the virtual world with their positive attitude. Mary Jane Schaftel, a cancer survivor quotes, “Using Healium during my unique journey with breast cancer helped me embrace the positive things in my life; and it reinforced all the quiet joys and personal healing going on inside me.” In a broad sense, it can be said that immersive technologies have the pain-relieving power that could help people heal and live a healthy life.

IMMERSIVE HEALTHCARE ENVIRONMENT: GIVING THE ABILITY TO LIVE BEYOND PHYSICAL ABILITIES

"VR to be effective in building balance skills in patients suffering from Parkinson’s disease."

Traditional Healthcare systems focus on curing ailments; however, the immersive healthcare environment is keen on lifestyle modification. In the same light, the Co-founder & CEO of Munfarid and the ARVR & Ai Strategist, Dr. Sana Farid quotes, “There is a lot to be said about the way Virtual Reality has revolutionized the Special Needs Education by providing a customized approach and a unique set of learning and growth opportunities for students with disabilities, which was not possible before.” The quote clearly expresses that immersive technology has given new abilities to disabled students. Although immersive technology cannot treat disabilities completely; however, it can definitely heal the pain and suffering that people are undergoing. With this healing process, people will feel more happy and motivated, which will eventually enhance their quality of life. These examples of successful immersive technologies make people more hopeful about the future of immersive innovations that could empower human health.

COMMUNITY OF LIKE-MINDED INNOVATORS WORKING PASSIONATELY TOWARDS ACHIEVING A HEALTH-ORIENTED IMMERSIVE ENVIRONMENT

Immersive technologies in healthcare are the need of the hour. To heal the pains and to promote predictive and preventive healthcare systems, innovations in the domain of immersive learning are vital. To drive such innovations, communities like the VRAR Association is working incessantly. In the context of the VRARA contribution towards immersive innovations, Dr. Sana Farid quotes: “The VRARA brings the global Virtual Reality and Augmented Reality communities closer together enabling a robust and fruitful interaction between like-minded entrepreneurs and technology enthusiasts and a chance to learn and acquire knowledge from each other.” These global initiatives taken in the field of technology are paving the way for predictive and preventive healthcare solutions.

The future of healthcare is technology-oriented. In the years to come people will rely more on VR-based illness preventive solutions than on illness-cure medications. This transformation is driven by immersive technologies that are bound to change the way people perceive the healthcare system. With wearable technologies and VR/AR-based solutions, people will predict and then prevent illness instead of curing one after facing severe consequences.

Hiba Farid
Munfarid
+971 4 343 4215
email us here

How to use Healium with Mirage Solo Goggles + Muse Headband


Source: EIN Presswire

Smith and Madison Join Llewellyn King

Llewellyn King, Host, White House Chronicle

Analyzing Today's Media

To believe that we are somehow a single entity that reacts in unison to events is to know nothing about journalists and how they work, investigate and behave”

— Llewellyn King Executive Producer and Host, White House Chronicle

WASHINGTON, D.C., USA, December 27, 2019 /EINPresswire.com/ — Veteran journalists Hedrick Smith and Joe Madison join White House Chronicle’s Llewellyn King to analyze the present state of journalism in the United States. The episode airs on PBS and SiriusXM Radio beginning this weekend.

Hedrick Smith is a Pulitzer Prize-winning journalist, reporter and editor for the New York Times, and author of bestselling books "The Russians," "Who Stole the American Dream?" and many others. Now, his reporter’s curiosity has led him to places like Sioux Falls, South Dakota and Hartford, Connecticut to report on efforts to end gerrymandering, remove money from politics, and fight corruption through grassroots organizing. Smith is also the Executive Producer of the PBS documentary "The Democracy Revolution: A Reporter’s Notebook,” scheduled to air on PBS in January 2020.

Smith described how 85 of 100 reporters in one Washington, D.C. bureau were all working on Trump stories.

Known as “The Black Eagle”, Joe Madison is a legendary voice in radio, and a recognized human and civil rights activist. He demands action against injustice every weekday morning on SiriusXM Radio, Channel 126, asking his audience, “What are you going to do about it?” Madison was inducted into the Radio Hall of Fame in 2019. By completing a 52-hour live broadcast, he broke a Guinness World Record and raised over $200,000 for the Smithsonian African American History and Culture Museum.

Madison described monitoring six different television channels all focused on the same political story from 6 a.m. until 10 a.m. with reruns airing that same evening all continuing to describe the story as “breaking news.”

Llewellyn King, Host and Executive Producer of White House Chronicle, began his career in journalism when he was 16 years old and his award-winning King Publishing Group published The Energy Daily for three decades along with a half dozen other publications. In his weekly nationally syndicated column for the InsideSources Syndicate, King wrote, “Politicians have succeeded in creating a mythical entity: the media, We are not a monolithic whole but a disparate, irregular army,” King says of journalists. “To believe that we are somehow a single entity that reacts in unison to events is to know nothing about journalists and how they work, investigate and behave.”

"As George Orwell wrote, and I take this from my Producer, Linda Gasparello, 'Political language is designed to make lies sound truthful and murder respectable, and to give an appearance of solidarity to pure wind.' ”

White House Chronicle is a weekly news and public affairs program, airing nationwide on 200 PBS and public, educational and government (PEG) access stations, and worldwide on Voice of America television and radio. An audio version of the program airs four times weekends on SiriusXM Radio's P.O.T.U.S. (Politics of the United States), Channel 124.

Llewellyn King
White House Chronicle
+1 202-441-2702
email us here


Source: EIN Presswire

Wind Power in India Market 2019 Global Industry Size, Share, Price, Trend and Forecast to 2025

Global Wind Power Market By Manufacturers, Regions, Type And Application, Forecast To 2025

PUNE, MAHARASHTRA, INDIA, December 27, 2019 /EINPresswire.com/ — Wind Power Industry

Description

Wind power sector added 5.4 GW of capacity during 2016-17, the highest ever added in the space in India. This can be largely attributed to the withdrawal of generation-based incentives and decline of accelerated depreciation benefits from 80 per cent to 40 per cent with effect from April 2017. In 2016, the government also decided to migrate to a reverse auction process of project allotment from 2017 onwards. This prompted developers to commission as much capacity as possible at the existing feed-in tariffs.

FiTs give way to Competitive Bidding 

The success of the 1 GW wind capacity auction, which saw tariffs falling to Rs 3.46 per kWh, seems to be having a positive ripple effect with all the states looking to migrate from a feed-in tariff (FiT) regime to competitive bidding for project allocation. The past two months have seen the launch of four new tenders for wind power capacity including a 1 GW tender by the Solar Energy Corporation of India (SECI). At a time when the wind power sector has been hit by inordinate delays in the signing of power purchase agreements (PPAs) and untimely payments, and discoms have shied away from procuring power generated by wind projects, this transition to a competitive bidding regime has been received well across the value chain.

For developers that were awaiting approvals/clearances from various state departments before signing PPAs with discoms, this is an opportunity to develop a large amount of capacity at sites owned by them. For the financially stressed state discoms, the tariff at which they are currently buying wind power is much higher than the tariff quoted in the SECI auction.

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Wind-Solar Hybrids to Emerge as the Next Big Area of Opportunity 

The sector is witnessing increased interest from developers in setting up large-scale wind-solar hybrid projects. The draft national wind-solar hybrid policy. A memorandum of understanding was signing between IL&FS Energy and the Government of Andhra Pradesh for a 1,000 MW 'Hybrid Park‘ with energy storage. Also, Gamesa has recently won a contract for a renewable hybrid project to be commissioned in Karnataka. The project comprises hybridisation of a 50 MW wind farm with a 28.8 MW solar farm as well as a 2 MW wind farm with a 1.37 MW solar project.

Power Off take and Transmission Related Issues Need to be Fixed 
Risks related to power offtake and payments will need to be addressed carefully and diligently, given the stressed balance sheets of the discoms and the lack of adequate transmission infrastructure. The state governments need to work towards resolving the challenge of intermittency associated with wind power through the effective implementation of forecasting and scheduling norms and increased efforts to make storage solutions viable.

IPPs to Comprise Significant Majority of Wind Capacity Additions 
As the wind energy ecosystem transitions from the FiT to the reverse auction regime, it would result in the customer base for OEMs shrinking. While they earlier received orders from companies in unrelated businesses seeking tax breaks, smaller players will now find it difficult to participate under competitive bids. This is mainly owing to the large block size (50 MW minimum block) on offer and higher capex involved.

Non-solar RPO compliance far away from new targets 
The weighted average of non-solar RPO targets set by all states was 7.76 per cent, compared to the target of 8.75 per cent set by the Ministry of Power. Of this, about 70-75 per cent of compliance was met by states and that too wind rich states. The other states are lagging behind significantly. Non-Solar RPO target of 10.25 per cent by 2018-19 will necessitate significant wind capacity addition going forward.

Equipment market to grow significantly 
The cumulative market for wind energy generator towers is estimated at Rs 300.3 million, while that of drives and motors is likely to be Rs 334.6 million during the forecast period of 2017-22. Over the next five years, wind power market is expected to grow significantly on the back of competitive bidding regime, national targets and falling capital costs. Increased lending by banks at lower interest rates for longer tenures also helps the market grow.

Offshore Wind has a long way to go in India 
Offshore wind is another opportunity that is coming up, for which the government has already notified the National Offshore Wind Policy. However, the commercial sense for these projects will take a long time to be established. PLFs for offshore wind farms are upwards of 40 per cent, but bringing an offshore wind farm capacity online is very cumbersome and time taking (gestation period is typically 12-18 months).

Significant investments required to realise the 60 GW targets 
The Indian wind power segment would require cumulative investments to the tune of Rs 1.53 trillion, growing at a compound annual growth rate of 7.1%. It is estimated that an average of 5.5 GW of capacity will be installed every year. Capital costs for wind projects have been falling in the recent past. This trend has been assumed to continue into the future as well, as the scale of installations and installed capacity increases.

Continued…

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NORAH TRENT
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Source: EIN Presswire

Solar Power in India Market: Global Share, Size, Trends and Growth Analysis Forecast to 2019-2025

Global Solar Power Market Trends, Drivers And Growth Projection Upto 2025

PUNE, MAHARASHTRA, INDIA, December 27, 2019 /EINPresswire.com/ — Solar Power Industry

Description

Progressive Policy and Regulatory Scenario 

The solar power sector in India has seen a transformational change with progressive policy-level changes and near-effective implementation of directives. Since 2010, when the Jawaharlal Nehru National Solar Mission (JNNSM) was launched, policymakers and regulators have been actively customising the policy and institutional framework to promote growth and address challenges, while taking cognizance of the emerging trends and opportunities in the space. A number of fiscal incentives have been provided to the sector, policies and regulations have been clearly devised and standard practices have been set. But more importantly, multiple steps have been taken to resolve the fundamental issues that may have hindered healthy growth of solar power capacity in India. 
Implementation of UDAY programme to resolve the most fundamental problem of power sector – dismal discom credit profiles due to high debt, heavy losses and poor operational efficiencies that affects every aspect of the Indian power sector. The progress so far has been extremely positive. As of May 2017, 27 states had joined the programme. As of April 14, 2017, around 16 states had issued Rs 2.32 trillion worth of bonds, which was 85.39 per cent of the planned issuances of Rs 2.72 trillion. The AT&C losses have come down to an average of 22.59 per cent, while the gap between the average cost of supply and revenue realised has been reduced by Re 0.12 to Re 0.50 per kWh through cost realisation programmes, and tariff hikes.

Phasing out incentives to bring solar at par with conventional sources of energy: Many incentives and subsidies (such as viability gap funding, rooftop solar subsidies for business consumers and a 10-year tax holiday) that were given to the sector historically are being phased out as the sector moves towards self-sustenance. Some benefits like accelerated depreciation (which was reduced by 50 per cent from April 2017) and free interstate transmission are likely to be phased out slowly. At the same time, it is important to remember that coal and other sources of power receive benefits as well.

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Green Energy Corridor project for smooth integration of renewables: The Green Energy Corridor initiative to facilitate the transfer of power from the high renewable energy installation states to other parts of the country is the most crucial part to the sector’s future growth story, although the progress of its development has not been impressive so far. Solar project developers across the country are struggling with evacuation and transmission issues which account for huge losses and contribute to increased project costs. Once complete, the green energy corridor is expected to boost the inter-state sale of renewable energy, and coupled with the waiver of Inter State Transmission System charges, renewable energy costs are forecast to come down enough to help states fulfill their renewable purchase obligations and meet energy demand. Under the project, renewable energy management centres are being set up to predict renewable power generation and demand.

Falling Solar Tariffs Impact Market Dynamics 

At a time when the addition of coal-fuelled power generation capacity is at a standstill in India and globally, the country is witnessing a free fall in solar power prices. The newest low is the tariff of Rs 2.44 per kWh achieved in the auction for 500 MW of capacity at the Bhadla Solar Park in Rajasthan. The two big factors that are driving tariffs down, besides the government push to achieve the 100 GW by 2022 target, are the hyper competition among developers and a steep fall in global equipment prices. Several global majors like Japan’s SoftBank, France’s Engie, Italy’s Enel, Canadian Solar and Singapore’s Sembcorp have entered the Indian solar market while others such as Norway’s Statoil ASA, France’s Total SA and Royal Dutch Shell Plc are looking at India as a promising investment opportunity. And a number of domestic firms such as ReNew Power and ACME have got access to low-cost funds, thereby adding to the competitive pressures. The declining tariff trend is changing the market dynamics in many ways.

Some emerging trends are highlighted as follows:

• Delayed solar tenders: The central and state governments are reconsidering their procurement policies, leading to the postponement of some tenders. Meanwhile, some discoms, having completed auctions with higher tariffs (notably in Jharkhand and Odisha), are now having second thoughts about signing PPAs.

• Thermal power procurement by discoms: While the government will eventually resolve the issue of delays, the bigger problem pertains to the impact of low tariffs on the overall electricity market. The average rate of power generated by the coal-fired projects of India’s largest generation utility, NTPC, is Rs 3.20 per unit, which is higher than the tariffs determined in the Bhadla, Rewa and Kadapa solar park auctions. If solar power continues to grow sustainably (that is, storage solutions become viable in a few years to address the intermittency challenge), the power sector could be looking at long-term deflation, which would be revolutionary.

• Modest yields on solar projects: Lower tariffs imply that project viability and returns will be adversely impacted. The fact that investors are comfortable with the low returns at these tariff levels implies a growing focus on low-risk projects and patient capital, which brings modest yields over time. The only counterpoint here is that module prices declined by 30 per cent during the past year and developers seem to be counting heavily on another fall of about 23 cent per watt-peak in the next 10 months. Although module industry dynamics remain benign, it seems a very bold call to price bids assuming the base case scenario.

….

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Continued…

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WISE GUY RESEARCH CONSULTANTS PVT LTD
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Source: EIN Presswire

City Gas Distribution (CGD) Market 2019: Global Analysis, Share, Trends, Application Analysis and Forecast To 2025

Global CGD Market Research Report For 2019 Set To Grow According To Forecasts

PUNE, MAHARASHTRA, INDIA, December 27, 2019 /EINPresswire.com/ — CGD Industry

Description

Market Size and Growth 

• The current CGD network in India is spread across 45 GAs in 15 states/UTs.
• The existing CGD network comprises of more than 47,000 km of distribution pipelines. During 2011-12 and 2016-17, the distribution pipeline network increased substantially from 26,725 km in 2011-12 to over 47,000 km in 2016-17, witnessing a compound average growth rate (CAGR) of about 12%.
• As on March 31, 2017, about 1,233 compressed natural gas (CNG) stations are operating in India serving over 3.05 million vehicles. Meanwhile, for pipes natural gas (PNG), the customer base stands at over 3.61 million. During 2011-12 and 2016-17, the number of CNG stations increased by 9.62% and PNG consumers by 17.06%.
• The western region has maximum number of operators including Gujarat Gas Limited, MGL and SGL, due to its proximity to gas fields. The northern region, on the other hand, is dominated by JVs of GAIL such as IGL, CUGL, etc.

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Key Operators 

• The CGD sector is still dominated by some major companies that hold a majority of the share in the network. The top 5 players – GGL, IGL, AGL, MGL and CUGL – account for more than 82% of the gas distribution pipeline network.
• With a pipeline network of 17,000 km plus (March 2016), and about 258 CNG stations, GGL is the largest CGD player in India catering to approximately 1,204,085 consumers (as of February 2017).
• The second largest CGD player, IGL, currently has a network of 778 km of steel pipelines and 9,940 km of medium density polyethylene (MDPE) pipelines catering to a customer base of 742,205 domestic and 2,870 commercial and industrial customers. It also has over 421 compressed natural gas (CNG) stations.
• MGL, the third largest player in the CGD sector, has a network of over 4,838 km of pipeline and about 203 CNG stations as of 2016-17. With over 952,200 PNG customers, it is one of the largest CGD company in terms of consumers.
• Other major players include AGL, CUGL, GAIL Gas, Maharashtra Natural Gas Limited, Haryana City Gas Distribution Limited, Green Gas, Assam Gas Company Limited, Bhagyanagar Gas Limited and Tripura Natural Gas Company Limited.

Update on Licensing Rounds 
• In 2016, new bidding rounds were rolled out by the PNGRB. Bids were invited for the development of CGD networks for five GAs under the seventh round and another seven GAs under the eighth round.
• Under the seventh round, only one GA (Solapur GA allocated to IMC Limited) has been sanctioned so far and no price bids have been received for the remaining GAs. With regard to the eighth bidding round, there has been no update on the bid status as of June 2017.
• In the past one year, the PNGRB granted authorisation to lay, build, operate and expand the CGD network in 16 cities covered under the sixth bidding round and one city under the seventh bidding round.

Financing CGD business
• The cost of a CGD network varies depending on its size (coverage area), and the population size and density. Majority of the capital expenditure is staggered in the first five years as new infrastructure needs to be developed.
• Profitability of CNG business depends on gas volume sold, prices of alternative fuels, consumer mix and access to cheaper gas.
• The past returns from capital employed by key players such as IGL, GGL and MGL have varied significantly- from as low as 8.1% to as high as over 35% (during the period 2013-14 to 2016-17). With regard to expected returns, the range is 17-30% (for 2017-18 and 2018-19).

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Gas Supply to CGD Operators 
• CGD sector gets top priority in domestic gas allocation. To promote usage of CNG across the country, the government has mandated that the entire CGD requirement for domestic segment be met through domestic gas.
• Gas supply for the sector comes from multiple sources – administered price mechanism (APM) gas, Panna-Mukta and Tapti (PMT) fields, Cairn fields, etc. Imported LNG is also increasingly procured.
• Currently, the CGD sector meets about 55% of its total gas demand from domestic sources and the remaining 45% from LNG imports.

Opportunities galore 
• Going forward, the business potential for CGD networks in India is significant. Based on the bidding rounds held thus far, over 895,000 PNG connections will be required in the GAs (under the minimum works programme; maximum is under round 5 and 6). Over 56,000 inch km of pipeline is to be laid for the upcoming GAs (under the minimum works programme).
• Overall, the short-term investment requirement for the CGD sector is estimated at about Rs 104 billion. Bulk of the investment (~70%) will be directed towards laying common pipelines and providing last-mile connectivity. The remaining 30% will be shared between CNG dispensation units (20%) and CNG compression units (10%)
• In the long term, CGD network expansion will require an investment of at least Rs 144 billion (considering about 42 cities that will invite fresh bids)
• The sector offers significant business opportunities exist for project developers, pipeline manufacturers, technology providers (control systems, etc.), consultants, regulators and meter manufacturers, etc

Issues and the Way Forward 
• With only 15 states/union territories covered under the CGD network at present, the magnitude of untapped potential can be clearly gauged. Growing urbanisation is creating new potential markets that can be explored by CGD players.

Continued…

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NORAH TRENT
WISE GUY RESEARCH CONSULTANTS PVT LTD
+1 646-845-9349
email us here


Source: EIN Presswire

Sahara Group promotes Clean Shopping at Christmas

Showcasing the Sahara Group recyclable jute bags

In line with its commitment to spearheading climate protection, Sahara Group is using this period to encourage everyone to shop smarter and cleaner

The Green-Life Initiative, which was launched by Sahara Group with one of its objectives being to promote sustainable living and reduce the harmful impact of human activities on the environment”

— Pearl Uzokwe, Director, Governance and Sustainability, Sahara Group

LAGOS, NIGERIA, December 26, 2019 /EINPresswire.com/ — Gifts, concerts, travelling, time with family and friends, a break from work/school and mouth watering delicacies are usually what people look forward to at Christmas.

One activity people can’t seem to avoid this period is shopping. Whether it’s for new clothes or gifts for loved ones, Christmas shopping can be both thrilling and overwhelming at the same time, not only for us, but for the environment as well.

In line with its commitment to spearheading climate protection across the globe, Sahara Group is using this exciting period to encourage everyone to shop smarter and cleaner, not only during this season, but to make it a lifestyle.

Before making any buying decisions, ask these two important questions:

1. Is it necessary?
Temptations abound during the holiday season and they come in all forms, from alluring adverts to eye-popping shopping deals. If you don’t slow down to ask yourself if you really need an item before purchasing, you could end up hurting your wallet and the environment.

To avoid this, take stock of what you already have and more importantly what you haven’t used in the last year especially with things like clothes, shoes and toys for example. It is best to plan to give out items that can be re-used and make a mental note of the things you don’t need to avoid unnecessary consumption and expenditure.

Next, have a holiday spending action plan/budget consisting of the following steps:

i. Decide on how much you can safely spend in total.
ii. Make a list of the different items you intend to purchase and put them into categories like groceries, clothing, gifts for family and friends, etc. Make sure your list is prioritized.
iii. Decide on how much you intend to spend on each category based on your total budget.
iv. Divide the amount in (iii) by the total number of items for each category.
v. Accept this amount as the maximum you can spend on each item.

Now, take this plan with you wherever you go to help you stay on track of your holiday spending. There are lots of free spending apps that can be downloaded to help you stay on top of your expenditure on the go. Try as much as possible to stay within your budget and you’ll find yourself making smarter and easier shopping decisions.

2. Is it kind to the environment?
Christmas is a season of excesses – excess buying, eating, decorating, and even partying. Just as everything else is in excess during the holiday season, so is waste. From the excessive plastic shopping bags associated with increased shopping during this period, the duplicitous gifts, to the copious gift packaging and wraps, the environment surely feels the impact of the season. While these activities can’t completely be avoided, we can make them more sustainable by reducing plastic waste.

Jute bags are an excellent alternative to plastic bags. Unlike plastic, jute is biodegradable and does not pollute the environment. It is firm and durable, and can be washed and reused as many times as possible.

The Green-Life Initiative, which was launched by Sahara Group with one of its objectives being to promote sustainable living and reduce the harmful impact of human activities on the environment and to help combat climate change, has introduced recyclable jute bags as one of its 'weapons' in this fight as a means to educate and raise awareness on the simple “Reduce, Re-use, Recycle” mantra.

By simply switching from plastic to recyclable jute bags when shopping this season, you are creating a cleaner, more sustainable environment by reducing the Green House Gases (GHG) emissions and contributing your quota towards combating climate change.

Christmas is a season of giving, so now is the perfect time to give back to the earth by reducing plastic waste by taking on biodegradable alternatives like jute bags.
It is very possible to have a memorable Christmas without breaking the bank and depleting the environment. Follow the tips above and let it be your special little gift to yourself and our planet!

Have a joyous Green Christmas!

Bethel Obioma
Sahara Group
+234 1 279 3811
email us here
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Source: EIN Presswire