Rhode Island offshore wind project to cost less than 10 cents per kilowatt-hour FacebookTwitterLinkedInEmailPrint分享Providence Journal:When critics assailed the high price awarded to Deepwater Wind nearly a decade ago for power from what would be the first offshore wind farm in the nation, the Providence company and its supporters in Rhode Island state government vowed that savings would come with future projects down the line.With a proposed agreement announced Thursday, they would fulfill that promise.Under the contract filed with the Public Utilities Commission, National Grid would pay Deepwater, now part of Danish-owned Orsted U.S. Offshore Wind, a flat rate over 20 years of 9.8 cents per kilowatt hour for power from its Revolution Wind Farm, a 400-megawatt project proposed in Rhode Island Sound.And critically, the deal is projected to save Rhode Island about $90 million in energy costs over the life of the contract, or about 50 cents per month for the typical electric customer in the state.The power purchase agreement proves that Rhode Island can develop renewable energy at an affordable cost, state energy commissioner Carol Grant said in an interview. “It’s not either/or. It’s not clean or affordable. It’s both,” she said.More: National Grid contract with Orsted would save customers $90 million over 20 years
Conservation and protection of natural resources and richness of biodiversity are the main determinants of the new Ordinance on the protection and preservation of the Krka National Park, which adopts measures for protection, conservation, improvement and use and confirms the management zones of the Krka National Park. Attachment: Ordinance on the protection and preservation of the Krka National Park For example, this means that mowing and traditional grazing of breeds and livestock is allowed under human supervision, except on steep canyon slopes, Skradinski buk and Roški slap and the visitor infrastructure subzone. NP “KRKA” LAUNCHED A NEW WEBSITE SPECIALIZED ONLY IN CYCLOTURISM – KRK BIKE “In the strict protection zone, the goal of management is the preservation of natural processes and habitats and their components”, emphasized the expert leader of the Public Institution “NP Krka” Dr. sr. Drago Marguš explained that “the zone of targeted protection includes pre-natural ecosystems: grasslands, pastures, aquatic habitats, etc., which for the purpose of long-term conservation require the implementation of active management measures for maintenance or restoration. “In the zones of targeted protection, it is allowed to implement active conservation and revitalization measures without which the essential characteristics of the area would change. Agricultural activities are allowed in accordance with management objectives for the conservation of biological, geological and landscape value. ” Margus emphasized. At a time when the world is facing the challenges of climate change, sustainability is set as an imperative for future development, especially in tourism, not to mention natural resources such as the Krka National Park. Photo: NP Krka It is forbidden to swim in the Krka National Park Photo: NP Krka SUSPENDED PEDESTRIAN BRIDGE OVER THE KRKA RIVER CANYON A NEW UNIQUE TOURIST ATTRACTION IN KRKA NP The Ordinance applies to employees of the Public Institution “NP Krka”, residents of the National Park, owners and holders of real estate rights in the Park and members of their families, natural and legal persons who perform permitted activities in the area of NP “Krka”, visitors and other users of the Park . The Ordinance, adopted by the Ministry of Environmental Protection and Energy of the Republic of Croatia, entered into force on 21 December 2019, and you can read it in the attachment. In relation to the old Ordinance from 2011, the new one brings a detailed explanation of the zoning of NP “Krka”, which includes management zones of strict and targeted protection and zones of use and subzones of settlements, visitor infrastructure, use of natural resources and roads in line with the Management Plan. , a ten-year strategic document and the attached zoning map. However, due to the centuries-long coexistence of man with the river, swimming is allowed to the local population in the following locations: Stinice, Remetić – Pisak and downstream from Roški slap. Thus, swimming at Skradinski buk will no longer be allowed, which was the most attractive for visitors. The entire survival of the Krka river basin and its living world is based on the development of travertine barriers, so the preservation of the travertine deposition process is the basic goal of the Public Institution “NP Krka”. With the intention of implementing active measures of preservation and revitalization and harmonization of cooperation and activities with the local community, the new Ordinance adopts innovations in accordance with long-term strategic goals and new sustainable management measures that are the basis of the future management plan and spatial plan. “The public institution ‘Krka National Park’, on the eve of its 35th birthday, is about to adopt important strategic documents that will determine the path we want to take towards our mature years. What kind of ecosystem we will leave to future generations is our most important task and in accordance with it, a new Ordinance has been adopted. After many years of reflection and numerous researches, consideration of the needs of both nature and us people who in one way or another use what Krka has given us, measures have been adopted that will contribute to long-term sustainable management and nature protection “, said the director of the Public Institution “Krka National Park” Nella Slavica and added: “The entire Ordinance is strongly focused on the conservation of resources and richness of biodiversity, whether it is the regulation of the number of visitors, waste disposal, hunting and fishing or deforestation. The manner of use of water and public water resources in subzones is clearly defined and obliges users to submit annual work plans harmonized with the activities of the Institution. ” Photo: NP Krka For this reason, the new Ordinance prohibits swimming in the Krka National Park from 1 January 2021. The local population and economic entities have been provided with a period of adjustment, through open dialogue, cooperation and assistance from the Public Institution, point out the NP Krka. On the other hand, hunting and fishing are not allowed activities in the National Park. Namely, due to its geological past, the river Krka is home to endemic fish species, and its banks preserve the habitats of many endangered animals. It is therefore considered a natural monument of the highest category and should be preserved as such for the future. RELATED NEWS:
It was also the Fed’s last policy decision before the Nov. 3 US presidential election, delivering the winner a runway of low borrowing costs for years to come. All but one Fed policymaker saw rates staying at their near-zero level through 2022. Just four saw them higher than that in 2023.“Effectively what we are saying is that rates will remain highly accommodative until the economy is far along in its recovery,” Fed Chair Jerome Powell said in a news conference following the release of the policy statement and new economic projections.The new promise to “moderately exceed” 2 percent inflation, he added, “should be a very powerful statement in supporting economic activity.”Recovery is here With about half of the US jobs lost since the crisis now recouped, and consumer spending about three-quarters recovered, the economy has come farther and faster than most at the Fed had thought just a few months ago.The new economic projections showed policymakers now see the economy shrinking 3.7 percent this year, far less than the 6.5 percent decline they forecast in June. They see unemployment, which registered 8.4 percent in August, dropping to 7.6 percent by the end of the year.The recovery “is here, and it’s well along,” Powell said.And even as the virus continues to cause “tremendous human and economic hardship,” he said, “we are learning to live with COVID, which still spreads,” Powell said. Social distancing and the use of masks allowed much of the economy to regain ground lost in the second quarter, he said. That contraction was the worst suffered by the United States in the post-World War Two era.But with parts of the economy, like the travel and entertainment sectors, likely to take longer to revive, millions will still struggle to find work.The recovery, Powell noted, is expected to slow, requiring continued support from further government spending and, he said, the Fed, which is continuing to debate further actions including a possibly faster pace of bond buying.Or, as the central bank’s policy-setting Federal Open Market Committee said in the dry language of its statement after the end of its two-day meeting, “The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee’s goals.”Bond purchasesThe Fed used its policy statement to begin to pivot from stabilizing financial markets to stimulating the economy, saying that it would keep its current government bond-buying at least at the current pace of US$120 billion per month, in part to ensure “accommodative” financial conditions in the future.The Fed’s pledge to remain accommodating for the foreseeable future initially lifted stocks, but a return of selling in the technology sector left Wall Street largely lower by day’s end. Yields on long-dated Treasury securities ticked higher, meanwhile, while the dollar ended the day little changed against major trading partner currencies.The new economic projections show that the Fed does not expect inflation to breach the 2 percent target any time soon.Powell said the Fed “is both confident and committed and determined” to modestly overshooting 2 percent inflation, but added that it would take time.In pledging to keep rates low until inflation was moving above the target, to make up for years spent below it, the Fed reflected its new tilt towards stronger job growth, announced late last month after a nearly two-year review.Both dissenters to the statement, Dallas Fed President Robert Kaplan and Minneapolis Fed President Neel Kashkari, took specific issue with the central bank’s guidance that it would keep interest rates where they are “until labor market conditions have reached levels consistent with … maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”Kaplan said he would have preferred to have “greater flexibility” once inflation and maximum employment were on track to reaching the Fed’s goals, an easier hurdle to reach. Kashkari’s dissent suggests he wanted a higher hurdle: for rates to stay where they are until core inflation – which often runs cooler than overall inflation – has reached 2 percent “on a sustained basis.”Topics : The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the US central bank’s 2 percent target, a bold new promise aimed at bringing millions of out-of-work Americans back to the labor market.But the new guidance also marked the start of a vigorous monetary policy debate as the Fed shifts from a crisis-era focus on keeping markets afloat during the coronavirus pandemic to managing what it now sees as a steady, multi-year recovery.Underscoring the depth of disagreement, and the economic uncertainty that underlies it, the decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn’t go far enough.