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Poland’s largest utility talking about long-term coal phaseout, green energy transition

first_imgPoland’s largest utility talking about long-term coal phaseout, green energy transition FacebookTwitterLinkedInEmailPrint分享S&P Global Platts:Poland’s largest power utility Polska Grupa Energetyczna (PGE) is targeting phasing out its coal-fired power station fleet by 2040-2045, company officials told S&P Global Platts on June 2.“We’re talking about withdrawing the entire hard coal and lignite fleet in 20-25 years,” said Maciej Burny, director of the company’s Brussels office. “In Poland, we’re thinking of a similar direction to the one that Germany is taking. If you look at the timeframe for both countries it is quite comparable. The Germans are doing it in 2038 with a smaller coal base in the energy mix,” he said.Deputy chief executive for corporate affairs Pawel Cioch said PGE planned to publish a 10-year strategy in three months’ time that will rest on three pillars ‒ offshore and onshore wind and PV solar. “Our green transition is a fact, this is not just talking,” he said.The strategy would provide a clear timeline for decommissioning coal assets. “Our coal phase-out plan will lay out the lifetimes of the existing assets. Many of them will be decommissioned much sooner than 2045 due to lower efficiency and technical degradation,” Burny said.The last coal assets to be decommissioned will be two 900 MW units commissioned last year at Opole and a 490 MW lignite unit at Turow that is scheduled to be commissioned later this year. Burny said those units’ viability over the next 25 years would depend on how carbon prices evolved, but guaranteed 15-year capacity market payments should help them remain profitable for longer.PGE’s generation is dominated by lignite and hard coal. In the first quarter of this year, the fuels accounted for 84% of the company’s generation despite a 10 percentage point year-on-year fall in lignite utilization. In 2015-2018, the company spent 96% of its investment outlays, or Zloty 27.9 billion ($7.1 billion), in acquiring, renovating or building coal and lignite generation assets, as well as on gas co-generation plants.The company’s change of direction was prompted by rising carbon prices and higher EU emissions targets. “Previously, there was perhaps a notion to prolong difficult decisions. There were signs that things may change in a few years. Now, we see that this is not the way forward. We either change now or never,” Burny said.[Henry Edwardes-Evans, Adam Easton]More: Interview: EU policies prompt Poland’s PGE to pursue green transitionlast_img read more

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Veteran Brothers

first_imgBrothers Malik and Keeran Sampson will both chase starting spots in the IMCA Hobby Stock main event at Super Nationals XXXV.Brothers Malik and Keeran Sampson are both Super Nationals veterans, Malik as a driver,Brothers Malik and Keeran Sampson will both chase starting spots in the IMCA Hobby Stock main event at Super Nationals XXXV.Keeran as a spectator.This year, both Worthington, Minn., hotshoes are running for starting spots in Saturday’s big Hobby Stock dance.Malik has qualified for the main event in three of his four previous trips to Boone, with a career best finish of seventh last year.“I like the atmosphere here. Super Nationals is fun and it’s challenging. I start to get nervous about three weeks beforehand,” he said. “This year I asked Keeran why he didn’t bring his car along. He was going to be buying a pit pass, anyway.”“I ran hot laps yesterday,” said Keeran, acknowledging that Boone was a different track than what he was used to. “Any time you go up against this many cars you never know what’s going to hap­pen but I’m looking forward to racing here.”He also wouldn’t mind matching the accomplishment of neighbor to the south Elijah Zevenbergen and win a Super Nationals championship in his first competitive visit to Boone.last_img read more

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Ernie Martin

first_imgErnie Martin will race at Boone in a Modified that’s already had IMCA Speedway Motors Super Nationals fueled by Casey’s success. (IMCA Photo) The Troy, Pa., pilot has crewed for other drivers in his first four trips to Super Nationals. While he’s raced for 20-plus years, this will be the first time he raced at Boone.  BOONE, Iowa – An IMCA Modified that’s racked up its share of feature wins in the Empire State returns to Boone Speedway and the IMCA Speedway Motors Super Nationals fueled by Casey’s this week.  “This car has won a lot of races. It has a strong history in New York State,” said Martin, wheeling for owner Rich McNeal. “It would be phenomenal for me to come out here and be competitive.” center_img “Nothing else compares to racing at Super Nationals. This is something I’ve wanted to say I’ve been to and done,” he explained. “Nothing else compares to this.” Ernie Martin will drive the Victory Chassis formerly piloted by Dale Caswell and Chris Fleming, the latter of whom drove it into the Saturday show seven years ago.last_img read more

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Warriors’ Klay Thompson speaks on knee injury, motivation for next season

first_img NBA free agency rumors: Hawks ‘would welcome’ back Vince Carter Thompson had scored a game-high 30 points before being forced to leave the contest, living up to the lethal “Game 6 Klay” persona he’s taken on in recent years during the postseason. But Golden State didn’t quite have enough firepower to top the Raptors without Thompson and Kevin Durant, who ruptured his Achilles in Game 5.The Warriors ended up being closed out in a 114-110 loss and saw Durant join the Nets over the offseason. But Thompson is still focused on contributing to the Warriors teams of the future, as he signed a five-year, $190 million deal with the team in July and has had multiple specialists look at his knee.”I’ve heard varying opinions about, especially medically, I don’t want to rush it ’cause I want to play until I’m 38, 39, 40 years old,” said the 29-year-old Thompson. “That’s my plan, especially because the way I can shoot the ball. I would love to see the floor this season. I don’t know when that is.”Thompson, a five-time All-Star, averaged 21.5 points, 3.8 rebounds and 2.4 assists per game and shot 40.2% from beyond the arc in 2018-19. But an ACL tear can make continued excellence uncertain. Thompson acknowledged that injuries are part of the game and appreciated the Warriors’ long-term commitment.”So many great teams in history, not only basketball but all sports, have been struck by an injury bug,” Thompson said. “And us, the Warriors, we were, that five-year run we had, five straight Finals, we were very lucky. We obviously had bumps in the road, but nothing as traumatic as what me and Kevin went through. LeBron James ‘shocked’ by David Griffin’s comments about being ‘miserable’ with Cavaliers, report says “I knew I did something. But I’ve never had the severity of an ACL injury or an injury that bad,” Thompson told ESPN when recounting his injury. “So me, personally, I didn’t think it was that bad, initially. My adrenaline was so high being Game 6, whatever. I thought I sprained my knee; that’s all I thought it was.”But when I went back to the locker room, it swelled up a lot, didn’t feel right. It’s just not a good feeling when you feel helpless and the team’s out there competing.” Related News Klay Thompson won’t rush to get back to playing in 2019-20, but he is eager handle some unfinished business.The Warriors star tore his ACL in Game 6 of the NBA Finals and will likely miss the majority of next season. He’s in uncharted territory during a critical transitional period for Golden State. “So it was humbling, but the Warriors showed their loyalty and their respect for me, offering me that five-year deal. Jumped on that as soon as I could, just because the history with this team and the franchise it would be so hard to leave. And the feeling of, you know, unfinished business, getting that close in the Finals, or to the fourth championship — tasting it — just being out of reach.”It’s the pain of sports, but it’s what keeps me motivated.” Klay Thompson says Warriors’ dynasty is far from over: ‘It would not be smart to count the Dubs out’last_img read more

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