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Vistra to retire 6,800MW of coal generation capacity in Illinois and Ohio by 2027

first_imgVistra to retire 6,800MW of coal generation capacity in Illinois and Ohio by 2027 FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Vistra Corp. will retire more than 6,800 MW of coal-fired capacity in Illinois and Ohio by 2027 and add more than 900 MW of new solar and energy storage capacity in Texas, the company said Sept. 29.Vistra also released its first-ever climate report announcing a new goal to cut its carbon dioxide emissions 60% by 2030, up from 50%, relative to a 2010 baseline and set a new long-term goal of achieving net-zero carbon emissions by 2050, up from a previous target of cutting emissions 80% by midcentury.Specifically, Vistra subsidiary Luminant Generation Co. LLC will retire the 585-MW E.D. Edwards plant by 2022, a move which had been announced previously; the 1,185-MW Baldwin Energy Complex and 1,002-MW Joppa plant by 2025; and the 1,108-MW Kincaid, 1,020-MW Miami Fort, 615-MW Newton and 1,300-MW W.H. Zimmer plants by 2027. A small gas-fired unit at the Joppa plant will be retired as well.“In the case of our Midwest coal fleet, the challenging economics do not support the incremental capital that would be necessary to comply with the environmental rules,” Vistra Executive Vice President and CFO David Campbell said Sept. 29 on a call with investors. “Vistra is also committed to leading the effort to combat climate change, and meaningfully reducing our greenhouse gas emissions and the accelerated retirement of these coal plants supports this goal.”Campbell said the newly announced plant closures will bring Vistra’s total coal and gas retirements announced or implemented since 2010 to approximately 19,000 MW, with 16,000 MW in retirements announced or implemented in the last four years. Coal-fired generation is now expected to account for less than 10% of Vistra’s portfolio by 2030 while renewable and storage resources are projected to account for 20% by the same year, Campbell said. Continuing to own and operate some coal-fired capacity in the MISO and PJM Interconnection regions through the generators’ remaining useful lives will provide incremental free cash flow that allows Vistra to offset its asset closure obligations, Campbell said, citing up to $165 million in expected closure obligations for 2020.In a Sept. 29 news release, Vistra also announced six new solar projects and one new battery storage project with more than 900 MW of combined capacity in Texas as part of a newly launched “Vistra Zero” portfolio totaling approximately $850 million in capital investments. Those seven projects will be located throughout the Electric Reliability Council of Texas Inc.’s expansive service area, with about 5% of the capacity located in the south zone, approximately 23% in the west zone and 72% in the north zone, Vistra said.[Zack Hale]More ($): Vistra net-zero pledge includes coal plant retirements, solar additionslast_img read more

WICB directors take critical decisions to advance West Indies cricket development

first_imgST JOHN’S, Antigua (WICB) — The board of directors of the West Indies Cricket Board (WICB) met in Antigua on Friday and Saturday and took a number of crucial decisions to advance West Indies cricket development at all levels.Review of the WICB Draft Strategic FrameworkThe board reviewed the Draft Strategic Framework 2011-2016 as prepared by the management of the WICB. The Board made recommendations, additions and amendments which will be incorporated into the framework. The framework will then be shared with key stakeholders in West Indies cricket for their contributions and suggestions.Following the contributions of key stakeholders – players, sponsors, match officials, etc – the Strategic Framework will be brought to the Board of Directors in July for final approval and execution thereafter.Draft Schedule of Cricket 2011-2012Directors reviewed the draft schedule of cricket for the next financial year of the WICB (October 2011 – September 2012) and decided the following:1. The WICB Regional 50 Over Tournament will, as of the 2011-2012 season, be hosted by Territorial Boards on a rotational basis.2. The WICB Regional 50 Over Tournament 2011 scheduled for October (18th to 31st) will be hosted in Guyana.Event MOU between the WICB and Territorial BoardsThe Board approved an Event Memorandum of Understanding between the WICB and Territorial Boards.Umpires pathway and Curators ProgrammeThe Board evaluated and approved an Umpires Pathway for West Indian umpires to advance in their profession and officiate at the highest levels of world cricket.The Board approved the implementation of a Curator’s Programme and has mandated the WICB Management to finalize terms and conditions for the involvement of the ICC Pitch Consultant. The Curators Programme will be designed and executed to for the up-skilling of ground and pitch curators across the region.Policies and codesThe Board of Directors approved the following:1. WICB Communications and Public Relations Policy2. WICB Anti-Doping Code3. WICB Anti-Corruption CodeReportsThe Board received reports from the Chief Executive Officer and on the Scotiabank Kiddy Cricket and Digicel Grassroots Cricket programmes.At the annual general meeting, which took place following the board of directors meetings, Dr Julian Hunte was re-elected unopposed to the presidency of the WICB. Hunte will serve a third consecutive two-year term, ending March 2013.Whycliffe ‘Dave’ Cameron was also re-elected unopposed to the office of vice president. Cameron will also serve his third term in the post.Hunte and Cameron first assumed the offices of president and vice president in July 2007.“We are at a critical stage in West Indies cricket in terms of the setting up the infrastructure to take us forward. As president I am committed to ensuring that the Strategic Framework which we are now refining is implemented and becomes operational during my term,” Hunte said.“The realization of the Cricket Foundation – which we have begun to formulate – is also fundamentally necessary to fund the future growth and development of West Indies cricket,” he added.“We have commenced the process of the development of West Indies cricket at all levels and we must see this process through,” Hunte noted.“Thus far, this Board has had significant progress in the realisation of the Sagicor High Performance Center, a revitalized West Indies A Team programmes, success in Women’s cricket, a widely successful Caribbean Twenty20 and expansion of the Scotiabank Kiddy Cricket and launching of the Digicel Grassroots programmes which will all meld together to ensure future success and that our cricket is strong again at all levels,” he said.Turning his attention to the West Indies senior team, Hunte asserted that the WICB must hold true to the position it adopted towards building a successful West Indies senior team.“We all share in the anguish and disappointment of the fans with the recent performance of our senior team in the Cricket World Cup. Whilst we are happy that the team made it to the quarter-finals we expected a better performance and greater fighting spirit from our players,” he said.“However we need to be honest that we have a lot more work to do to reach the level where the senior team is consistently successful at the international level,” Hunte added. “We remain committed to our policy position adopted in October, 2010 which will guide our planning, preparation and selection.”WICB Selection PolicySelect players with a clear signal that we are building a sideWICB expects a settled ODI team by the year 2013The two year period between 2013 and 2015 is to be used as the final preparation to winning the 2015 ICC Cricket World CupWICB expects a settled Twenty20 team by 2012The two year period between 2012-2014 to be used as final preparation towards winning the 2014 ICC World Twenty20 Championship“We fully expect the Selection Committee to follow these goals whilst management will do what is necessary to provide the resources to the HPC and Team Management to achieve the outlined goals,” Hunte concluded.Source: Caribbean News Now Share Sharing is caring! 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Dodgers soaked by Rockies in extra innings

first_imgBut another loss was something the Dodgers had done plenty in that while. Yasiel Puig was responsible for the Dodgers’ first two runs against Colorado in the first of a three-game series.He couldn’t come up with the game-winning hit in the bottom of the 10th inning as he grounded out to third with Andre Ethier in scoring position.Puig hit a first-pitch solo home run to right field off Colorado starter Jordan Lyles in the first inning to give the Dodgers a 1-0 lead. And in the third inning, he tied the game at 2 when his RBI-single to left field scored Dee Gordon from second. Gordon had a highlight play himself when he put himself in scoring position with his legs via that infield double in the third inning. Colorado second baseman DJ Mahieu overran the ball, and Gordon, never hesitated and rounded first and slid into second for the double. Then Puig did his thing again to score Gordon.Tulowitzki hit a solo home run to left in the second inning to tie the game off Josh Beckett, Corey Dickerson also homered in that inning. Those were the only two runs Beckett allowed through seven innings. Much of the Dodgers’ attention Friday, however, was stationed in Rancho Cucamonga and not Los Angeles since reigning Cy Young Award winner Clayton Kershaw made his first rehab start. He threw five innings, allowing one run on two hits. Dodgers general manager Ned Colletti was there along with a throng of media. Still, the Dodgers have much work to do at Dodger Stadium, especially after losing three of four games to Philadelphia at home, too. Adrian Gonzalez sure made this interesting, but in the end, the Dodgers lost another extra-inning affair. That’s becoming a bad habit. In the bottom of the 11th inning, down by three runs, Gonzalez blasted a two-run homer to right field off Colorado’s LaTroy Hawkins. That pulled the Dodgers within one run, but the Rockies hung on for a 5-4 extra-innings win Friday at Dodger Stadium.Gonzalez was 0-for-4 before delivering that clutch hit. Scott Van Slyke then popped out to second, Carl Crawford flew out to left field and Juan Uribe flew out to right field to end the game. Colorado scored three runs in the top of the 11th in a rainy game and held on for the win. The Dodgers (13-11) have lost four of their last five games and have now lost four of their five extra-inning games. They’re also just 5-8 at Dodger Stadium. The rain started about 9 p.m. and it was never enough to suspend play.“We’re still continuing to have trouble scoring runs,” Dodgers manager Don Mattingly said. “We’ve been in a number of games where our pitching giving up two runs through 10 innings tonight, we’ve got to… I’m confident that we’re going to put runs on the board. We’re just not doing it right now.”Brandon Barnes doubled with one out for the Rockies in the 11th, and Charlie Blackmon singled to center to score him. Also in the inning, Carlos Gonzalez grounded into a fielder’s choice to score a run and a run-scoring single by Justin Morneau would prove to be the most important run needed. Matt Kemp was ejected in the ninth inning for arguing a called third strike, too.Dodgers starter Josh Beckett allowed two runs on four hits in eight innings, so he was pleased. “I think this was a step in the right direction for me personally, just to show myself I can do some things I haven’t done in a while,” Beckett said.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more