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EIA: Coal’s share of U.S. electricity generation to drop below 25% in 2019

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):The U.S. Energy Information Administration is expecting domestic coal-fired power generation this year to reach its lowest level in over 70 years.In its Short-Term Energy Outlook released March 12, the federal agency forecasts coal’s share of U.S. generation to fall from 27% in 2018 to an average of 24.6% in 2019 and roughly 23% in 2020 due to markets favoring cheaper natural gas-fired generation. In an accompanying statement, EIA Administrator Linda Capuano said this is the first time since 1949, the earliest year listed in EIA’s “Monthly Energy Review,” that coal-fired generation will fall below 25% of all power generation.The EIA expects the share of utility-scale electricity generation produced by natural gas-fired power plants to continue to rise from 35% in 2018 to 37% in 2019 and 2020. Nuclear generation’s share will stay near its 2018 level of 19% for both 2019 and 2020, while hydropower’s share is forecast to average slightly less than 7% in 2019 and in 2020, as it had been in 2018.Capuano said the EIA continues to expect wind to overtake hydropower as the leading source of renewable electricity in the U.S. with forecast shares of 8% in 2019 and 9% in 2020. In total, wind, solar and other non-hydropower renewables are expected to see their share increase from about 10% in 2018 to 11% in 2019 and 13% in 2020.The EIA’s outlook also expects total U.S. electricity production to fall from an average of 11.45 million MWh/d in 2018 to 11.20 million MWh/d in 2019, before increasing to 11.24 million MWh/d in 2020. Overall, the EIA forecast a total decrease in power production of 1.84%, or 0.21 million MWh/d, from 2018 through 2020. The EIA also anticipates that total retail electricity sales will decline from 10.42 million MWh/d in 2018 to an average 10.25 million MWh/d in 2019 before rising to 10.30 million MWh/d in 2020.More ($): EIA expects coal-fired share of power generation to fall below 25% in 2019 EIA: Coal’s share of U.S. electricity generation to drop below 25% in 2019last_img read more

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Mandate roundup: INARCASSA seeks ESG specialist

first_imgPFA picks La Française for senior housing portfolioDanish pension fund PFA has selected La Française to run a senior housing portfolio. The mandate will be launched with an initial equity investment of €100m and have a geographic focus on France.PFA has seized the opportunity to invest in an asset class where demand currently exceeds supply, a statement said. The available stock of senior housing in France is only able to accommodate a small percentage of the population aged of 75 years and older, a growing and solvent segment.The properties of the senior housing portfolio will be acquired as forward purchases (VEFA) and will initially be sourced across France, the statement said.Michael Bruhn, managing director of PFA, said this investment “offers the advantage of residential properties with an attractive risk-return profile and a strong societal impact”. INARCASSA. the Italian pension fund for engineers and architects, is seeking to appoint a consultant that would provide ESG risk assessment and reporting services.According to the fund’s website, it has opened a tender process with a deadline of 12 February, 13:00 CET.The fund has been using ESG criteria since 2017 when it signed up for the United Nation’s Principles of Responsible Investment – the first Italian pension fund to do so – and in 2018 hired Vigeo Eiris to analyse its portfolio and prepare an ESG report.The appointed firm will have a similar contract to that issued to Vigeo Eiris a couple of years ago.last_img read more

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Tadic: I’ve learned from last term

first_img The Serbia international also scored the decisive goal in Southampton’s first win at Manchester United since 1988, but that strike in January was one of the increasingly fleeting moments of quality in the second half of the season. A first campaign without a winter break exacerbated matters, but Tadic reckons the “biggest problem” was not listening to his body when an ongoing groin complaint flared up. “I was really sad because I have that problem a long time, like all the second part of the season,” he said. “I have a big problem and finally I’m fit again and now I have more experience and I would do some things different. “I think maybe when I have some pain like last year I should maybe stop for maybe seven or 10 days and then I would feel again better, but I didn’t stop and my problem was bigger and bigger. “Then for a couple of months I have problem, but, okay, now I feel good and this is most important.” Tadic’s desire to keep working even led Koeman to intervene earlier this year, when he publicly said the player needed to take some time off if he was to get back to his best. “We talked about that, but he knows I always like to play and to help my team,” he said. “Even if I have some pain I play – I’ve been taught like that – but I hope this year nothing’s going to happen. If it happens, I think I would think different.” Tadic certainly looked closer to his best on Thursday evening, when his penalty helped Saints secure a 3-0 win against Vitesse Arnhem. Graziano Pelle and Shane Long scored either side of his spot-kick, securing Southampton a first European win in nearly 34 years. “Three-zero is a good result,” he said. “First half I think we played good. “We pressed them well and we didn’t give them so much space, but I think second half was not so good and we can improve much more.” While there was the odd hairy moment at sold-out St Mary’s, on the whole it looked as if Koeman’s men will carry on from where they left off last term. “I hope it can be special, like last season,” Tadic added. “We just need to work hard and try to improve every day and that’s it. “Like this game, even if we win we know that we have a lot of things to improve and we just need to try every day to be better and better.” An impressive spell in the Eredivisie with FC Groningen and then FC Twente earned the 26-year-old midfielder a big-money move to St Mary’s last summer. Tadic was Ronald Koeman’s first signing as Saints manager and quickly justified his £10.9million price tag, scoring one and providing four assists in the remarkable 8-0 mauling of Sunderland. Press Association Dusan Tadic believes he is getting back to his best after pushing himself too hard during his maiden season at Southampton. last_img read more

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