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U.S. utilities sticking to coal plant retirement decisions

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):While U.S. power generators continue to assess what the total implications could be of a decline in electricity demand caused by the economic impacts of the COVID-19 pandemic, those forecasting a shift to less carbon-intensive assets have not yet changed near-term plans to retire coal plants.In 2019, U.S. power generators retired 13,863 MW of coal-fired generation, the highest amount of coal capacity retired since 2015 when new mercury regulations drove the retirement of 15,124 MW of coal-fired capacity, an S&P Global Market Intelligence analysis shows. As of April 17, generators had 9,038 MW worth of capacity slated for retirement in 2020 and another 23,010 MW of coal capacity set to retire between 2021 and the end of 2025.In April, renewables generated more electricity than coal every day of the month, the first time that has happened in the U.S., an analysis from the Institute for Energy Economics and Financial Analysis recently pointed out. Lower power demand due to the coronavirus pandemic is one of several reasons the transition away from coal has accelerated in 2020, the group added in a May 4 news release.While companies around the world are reassessing capital spending forecasts and looking to preserve liquidity, most utilities set to retire coal plants said they are not yet seeing a reason to slow those plans. Eleven companies responded to a set of questions from S&P Global Market Intelligence regarding their COVID-related generation demand impacts and whether the pandemic will prompt any reassessment of their coal plant retirement plans.[Darren Sweeney, Taylor Kuykendall, Anna Duquiatan]More ($): So far, COVID-19 fallout not altering plans to retire U.S. coal-fired plants U.S. utilities sticking to coal plant retirement decisionslast_img read more

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Homes with sustainable features are more in demand

first_img3/59 Ison St, Morningside. Picture: realestate.com.au“It is still unusual, they have only been around for about two or three years now, we are just getting more properties.’’Mr Smith said they had just sold a home in Auchenflower with a Tesla wall.“I think they attract a premium price,” he said. “I think people are looking for these features now.’’He said while cost of living savings were part of the reason, buyers were also environmentally conscious. Homes without the full blown Tesla walls were in demand if they had solar power and were able to sell that power back to the energy provider.“We have a house coming up for sale in Aspley where the homeowner hasn’t had to pay an electricity bill for three or four years,’’ he said. Glenn Baird and Dario Pigozzo inside the Ison Collection development in Morningside. Picture: AAP Image/Claudia BaxterHomes with sustainable features are making buyers green with envy as new research reveals they are in high demand and often sell for more.The research revealed properties with sustainable features sold on average 13 days quicker and the median sale price was 10 per cent higher than properties without such features.The research is the result of three years work through the Australia Research Council Linkage project by PRDnationwide in collaboration with Queensland University of Technology (QUT), Karlsruhe Institute of Technology Germany, and other industry partners.It found sustainable properties outperformed conventional competitors environmentally, socially and financially.PRDnationwide national research manager Dr Diaswati Mardiasmo, said the research had reinforced to her that the real estate industry needed to increase communication with real estate agents to potential buyers and sellers about sustainability features in their homes. “These features not only contribute to improving the price of properties but also decrease the time taken to sell the property,’’ she said.She said their research showed that houses with sustainable features achieved the most competitive market price.The research involved 215 houses which were sold multiple times between 2004-2014, 22 of those houses had sustainability features. It also interviewed 47 real estate agents throughout Australia.The research came up with seven top benefits of having a property with sustainable features:• Saving on utility bills and maintenance • Reduced construction materials and emissions• Fewer days to sell the listed property• Improved comfort and lifestyle• Higher median price• Higher resale value• Informed decision makingJane Elvin of LJ Hooker Annerley, Yeronga, said “green features’’ were in big demand, particularly with mature buyers.“I find people looking at retirement and more mature buyers — it is very important to them,’’ she said. “One of the first things they ask is, ‘Are there solar panels and gas hot water?’. They are very mindful of costs as they are preparing to retire and don’t want too many outlays.”Having an ultra low-maintenance footprint is something developer Dario Pigozzo of P3 Projects is very focused on.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus19 hours ago3/59 Ison St, Morningside. Picture: realestate.com.auHe has just sold out of his Ison development at Morningside which included a 3-phase, battery ready, home energy management system capable of powering the full capacity of the home’s heating and cooling systems that is connected to a 3.2kw solar power system.Mr Pigozzo said it was a company ethos to deliver on low maintenance living.As a result they used double the insulation required in the build, used louvres extensively to allow for cross ventilation and ensured all appliances were energy efficient. “Not all developers do it,’’ he said. “These city homes are quite unique in this suburb.’’John Smith director of sales Brisbane for Queensland Sotheby’s International Realty said it was the homes with Tesla powerwalls which were really in demand.The wall is a fully integrated AC Battery system for residential use which when added to solar power allows homeowners to store excess power to use later.Mr Smith said there were not many existing homes with the Tesla walls — at this stage it was mostly new builds.last_img read more

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