Coal bearing the brunt of global decline in electricity demand

first_imgCoal bearing the brunt of global decline in electricity demand FacebookTwitterLinkedInEmailPrint分享Bloomberg:As silent factories and deserted offices hobble demand for electricity worldwide, the biggest loser is coal.In the U.S., coal’s share of power generation has dropped more than 5 percentage points since February on the nation’s biggest grid while output from natural gas plants and wind farms held steady. In Europe, it’s down 2 points. Even in China and India, where coal still dominates, it’s losing market share during the pandemic.It comes down to cost. Coal power is more expensive than gas and renewables in many places and, hence, is the first fuel priced out of the market when demand falls. Its plunging use amid the lockdowns is a boon for efforts to fight climate change, hastening a shift that was already underway to weed out the dirtiest fossil fuel.In the U.S., coal is now supplying just 14% of power on the grid serving 65 million people from Illinois to New Jersey. That’s down from almost 20% in February, according to a Bloomberg analysis of data from the grid operator, PJM Interconnection LLC. It’s the only major fuel to slump.In Europe, coal’s share of power generation has dipped to 12%, from 14% a year ago, according to data from Wartsila Oyj, the Finnish energy technology company. The decline is particularly sharp in Germany, where electricity from hard coal and lignite, sometimes called brown coal, plunged to 18% of net generation in the first two weeks April. One year ago, they accounted for 35%.In India, coal’s share of the power mix slipped to 65% from 71% in the month since Prime Minister Narendra Modi announced lockdowns to contain the outbreak. The country’s coal imports for power plants in March fell 28% from a year earlier. The share from renewables, nuclear and hydropower rose. And in China, thermal power output, which is mostly from coal, slumped 8.2% in the first quarter while solar and wind gained.[Will Wade, Chris Martin and Mathew Carr]More: In global electricity slump, coal is the big loserlast_img read more

Team Nigeria Departs for Commonwealth Games in Gold Coast

first_imgThe second batch of nine athletes and four coaches will leave this week as soon as their visas are issued while the wrestling team comprising 12 wrestlers and four coaches will depart on April 2, 2018.The XXI Commonwealth Games is scheduled to start on April 4 and run through April 15,  2018 in Gold Coast, Australia with 71 commonwealth countries taking part in the Games. Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Team Nigeria’s first batch of 70 athletes and coaches for the XXI Commonwealth Games left Abuja at about 6pm on Saturday aboard Emirates Airline for the Gold Coast, Australia as the Games Village formally opened for business yesterday.46 athletes in athletics, para-athletics, table tennis, para – table tennis, basketball, gymnastics, para powerlifting, weightlifting, boxing and 17 coaches, loaders and helpers as well as seven medical personnel made the trip to the Games.The athletes were in high spirit at the time of departure as all allowances were paid to them. Each athlete received N15,000 per day for 21 days being the period of the last phase of camping. They were also given specific competition kit and equipment.last_img read more

WABU President Lauds SponsorsÂ

first_imgHe urged other corporate organisations to emulate GOtv, so that Nigerian boxing can develop faster. The WABU President stated that Nigeria has talented boxers, as shown by the GOtv Boxing NextGen Search, which already has one of its products, Rilwan Babatunde about to fight for the WABU welterweight title against Djossou Basile of the Republic of Benin at GOtv Boxing Night 14 holding at the Indoor Sports of the National Stadium, Lagos, on April 14.The seven-bout event will also see Nigeria’s Waidi Usman take on Kenya’s Michael Nyawade for the African Boxing Union (ABU) title. Similarly included in the bout line-up is the national lightweight title contest between Rilwan Oladosu and Kazeem Badmus.The best boxer at the event will go home with N1million and the Mojisola Ogunsanya Memorial Trophy.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram GOtv Boxing Night 14The West African Boxing Union (WABU) has commended pay-television service provider, GOtv, for its continuous support for Nigerian boxing through GOtv Boxing Night, which is its 14th edition, and GOtv Boxing NextGen Search, a talent hunt initiative.Speaking in Lagos on Friday, Mr. Remi Aboderin, WABU President and Secretary-General, Nigerian Boxing Board of Control (NBB of C), said Nigerian boxing owes its return to vitality to the immense support provided by GOtv since 2014 when GOtv Boxing Night 14 debuted.Aboderin, a former boxing promoter, recalled that before GOtv Boxing Night began, promotions had dried up, leaving boxers inactive. The situation, he explained, damaged the chances of promising boxers, who had no outlet for their talents.“We were in a bad place before GOtv Boxing Night began. There were no promotions and our promising boxers lost the opportunity to fight. The few who fought did so infrequently and earned so little for their efforts. Now, things have changed and very fast too. Boxers are fighting more regularly and are testing themselves against the best in the West African sub-region and Africa as a whole. They are earning considerably better sums. The country has also produced many sub-regional and three continental champions in different weight categories,” said Aboderin.last_img read more

United gave Bournemouth 15 minutes to sell to King

first_imgAccording The athletic, the options were two. On the one hand it was Joshua King, the Norwegian of Bournemouth who have been following for some time, and on the other Odion Ighalo, the Nigerian of Shanghai Shenhua who in his day we could see in the Pomegranate. It was the last day of the winter transfer window and Manchester United needed a striker in a hurry, both for the performance of the team during the season, as the recent injuries in attack. Premier League* Data updated as of February 18, 2020 25 7 And by the last day of the transfer market, the executive vice president, Ed woodward, made a call to Neill baker, the president of Bournemouth. In it he gave an ultimatum: “You have fifteen minutes to tell us if you accept the offer or we will sign a player from China.” At that time they had offered 25 million pounds, that is, 30 million euros. Nevertheless, the English club did not accept the offer on time, so United met its threat and finally Ighalo was chosen, who traveled even without passing the corresponding medical examination. The Nigerian striker has not yet been able to train with the rest of his teammates for the precautions that are being taken because of the coronavirus since he is coming from China, although it is expected to enter the next team calls.last_img read more