Our Managing Partner Murray Clay was a featured keynote at the 2015 Asia Pacific Resilience Innovation Summits & Expo where he discussed the importance of an in-depth discussion on electric utility fuel costs.
This document summarizes a fuel hedging program that aims to help companies control fuel costs by locking in future fuel prices. It explains that fuel prices are usually lowest in the first quarter and increase throughout the year. The program advises companies to lock in pricing for 50% of expected monthly fuel needs starting in February to take advantage of lower winter prices. Locking in a portion of fuel needs protects against price increases, while remaining exposure allows companies to benefit if prices decrease. Historical data shows this hedging strategy has outperformed average market prices by 23 cents per gallon over the past 15+ years.
2011_Alternative Fuels_MarkQuinlan_GarretAlpersMark B. Quinlan
This document discusses alternative fuels like compressed natural gas (CNG) and liquefied petroleum gas (LPG) for fleet vehicles. It provides examples of cost savings from converting vehicles like shuttle buses and delivery trucks to run on CNG or LPG instead of gasoline. Upfront conversion costs can be recouped within a few years through lower fuel costs. Tribes can also set up their own CNG or LPG fueling stations to provide fuel for their fleets and sell to other commercial customers, generating additional revenue. WorldCNG, the presenting organization, has over 25 years of experience installing alternative fuel systems and providing ongoing fleet consulting services.
The document provides real estate sales data for Austin, Texas for the month of January 2011. It shows that single family home sales increased 14% from the previous year with an average price of $251,799, up 2% from January 2010. Townhouse/condominium sales decreased 28% with an average price of $171,578, up 14% from the previous year. Overall real estate activity was down from the previous year according to pending sales, new listings, and active listings.
The document provides real estate sales data for Austin, Texas in February 2011. It shows that single family home sales remained steady year-over-year at 1,112 sales. The average and median home prices were relatively unchanged from the previous year at $244,382 and $193,000 respectively. Pending sales decreased 11% and new listings dropped 24% compared to February 2010.
This document discusses the benefits of converting vehicles to run on compressed natural gas (CNG). It states that converting to CNG can lower fuel costs and reduce emissions compared to gasoline, helping reduce dependence on foreign oil. It provides information on certified conversion kits and companies. It also includes a cost analysis showing that over a 5-year period with 35,000 miles driven annually, fuel costs would be $21,000 lower with a CNG vehicle compared to gasoline, resulting in a net lifetime savings of $12,300.
This document summarizes a presentation on electric vehicles given on November 19, 2009. It discusses the benefits of electric vehicles over gasoline vehicles, including lower emissions, reduced fuel costs, and lower maintenance costs. It provides details on the energy efficiency and costs of operating electric vehicles compared to gasoline vehicles. It also covers topics like electric vehicle range, battery technology, and the need for charging infrastructure to support electric vehicles.
This document summarizes a fuel hedging program that aims to help companies control fuel costs by locking in future fuel prices. It explains that fuel prices are usually lowest in the first quarter and increase throughout the year. The program advises companies to lock in pricing for 50% of expected monthly fuel needs starting in February to take advantage of lower winter prices. Locking in a portion of fuel needs protects against price increases, while remaining exposure allows companies to benefit if prices decrease. Historical data shows this hedging strategy has outperformed average market prices by 23 cents per gallon over the past 15+ years.
2011_Alternative Fuels_MarkQuinlan_GarretAlpersMark B. Quinlan
This document discusses alternative fuels like compressed natural gas (CNG) and liquefied petroleum gas (LPG) for fleet vehicles. It provides examples of cost savings from converting vehicles like shuttle buses and delivery trucks to run on CNG or LPG instead of gasoline. Upfront conversion costs can be recouped within a few years through lower fuel costs. Tribes can also set up their own CNG or LPG fueling stations to provide fuel for their fleets and sell to other commercial customers, generating additional revenue. WorldCNG, the presenting organization, has over 25 years of experience installing alternative fuel systems and providing ongoing fleet consulting services.
The document provides real estate sales data for Austin, Texas for the month of January 2011. It shows that single family home sales increased 14% from the previous year with an average price of $251,799, up 2% from January 2010. Townhouse/condominium sales decreased 28% with an average price of $171,578, up 14% from the previous year. Overall real estate activity was down from the previous year according to pending sales, new listings, and active listings.
The document provides real estate sales data for Austin, Texas in February 2011. It shows that single family home sales remained steady year-over-year at 1,112 sales. The average and median home prices were relatively unchanged from the previous year at $244,382 and $193,000 respectively. Pending sales decreased 11% and new listings dropped 24% compared to February 2010.
This document discusses the benefits of converting vehicles to run on compressed natural gas (CNG). It states that converting to CNG can lower fuel costs and reduce emissions compared to gasoline, helping reduce dependence on foreign oil. It provides information on certified conversion kits and companies. It also includes a cost analysis showing that over a 5-year period with 35,000 miles driven annually, fuel costs would be $21,000 lower with a CNG vehicle compared to gasoline, resulting in a net lifetime savings of $12,300.
This document summarizes a presentation on electric vehicles given on November 19, 2009. It discusses the benefits of electric vehicles over gasoline vehicles, including lower emissions, reduced fuel costs, and lower maintenance costs. It provides details on the energy efficiency and costs of operating electric vehicles compared to gasoline vehicles. It also covers topics like electric vehicle range, battery technology, and the need for charging infrastructure to support electric vehicles.
Este documento describe un proyecto de un laberinto magnético. El laberinto consiste en guiar una bola metálica a través de un camino usando un imán sin que la bola toque las paredes, las cuales encenderán una bombilla si son tocadas. El proyecto ilustra el fenómeno físico del magnetismo y cómo ciertos materiales como el hierro y el níquel son magnéticos y pueden atraer u repeler otros objetos.
This document provides tips for building constructive relationships in the online classroom. It recommends clearly outlining expectations and policies upfront. It also suggests using information from introductory assignments to get to know students and humanize the learning environment. The document stresses the importance of caring about students, being available, and participating in the course. It advises modeling respectful interactions and providing positive feedback focused first on what students do well.
The newsletter provides updates on Bank AlFalah branches and employees. It features an interview with the branch manager of the Shadbagh branch, Mr. Mohsin Raza, who discusses the challenges of operating in that area and accomplishments of his dedicated team. It also recognizes Mr. Zubair Ali Raja as the mentor of the week at the Shadbagh branch and highlights an employee who exceeded sales targets and was awarded a cash prize. Additionally, it shares photos from the inauguration of a new ATM at the Sukker branch.
Prominent Texas-based businessman Jerry Durant has owned Jerry Durant Auto Group in Weatherford, Texas, for more than four decades. In addition to his professional activities, Jerry Durant works to give back to his community through his support of several local organizations, including the Weatherford Independent School District Education Foundation.
The document outlines the objectives, approach, strategies and timelines of the Labour Department of Haryana. The key objectives are to facilitate harmonious industrial relations, ensure social justice and worker welfare, and create improving conditions for women workers. The department will take a facilitative approach to implement labour laws and promote dispute resolution. Main strategies include tripartite consultations, simplifying approvals, encouraging in-house dispute resolution, and reviewing minimum wages. Timelines for resolving issues range from 15 days to 6 months depending on the issue.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against developing mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
Engagement Is Everything, How To Apply Psychology to Improve Digital Experien...Mad*Pow
Why are some digital experiences utterly engaging—addicting, even—and others can’t hold people’s attention for more than a few minutes (we’re looking at you, employer-mandated health risk assessments)? In a world where there are hundreds of thousands of apps in the health and wellness category alone, an engaging experience is a must to win space on someone’s smartphone. In this webinar, we’ll dive into the behavior science behind motivation to uncover some of the qualities of truly engaging digital experiences.
We begin with an understanding of what it means to be engaged, and how to decide what level of engagement is needed for a particular experience. Then, we dive into a robust and well-researched theory of motivation, self-determination theory, to understand what makes certain experiences stick. It’s all about identifying and pushing the “levers of motivation” by designing for the fundamental psychological needs that make people tick. Behavior Change Design Director Amy Bucher, Ph.D., will walk through industry-best examples of engaging digital experiences ranging from video games to educational tools to health interventions. She’ll offer a list of best practices for each of the key levers of motivation: autonomy, competence, and relatedness. Learn how to super-charge your digital products with psychology.
This document discusses renewable energy alternatives and their costs. It analyzes the costs of wind, solar, natural gas, and hybrid options. Wind and solar costs have been falling in recent years while natural gas costs have remained steady. The document then provides a cost comparison of different renewable and blended options, showing how a hybrid system can provide lower and more stable costs compared to natural gas alone by hedging against fuel price fluctuations.
Citi 2014 Global Energy and Utilities Conference - Cabot PresentationMarcellus Drilling News
The Cabot Oil & Gas PowerPoint presentation used during Cabot's address to the delegates at the Citi 2014 Global Energy and Utilities Conference in Boston, MA on May 14-15, 2014. The presentation has a number of interesting, inside bits of information useful to those who track the happenings in the Marcellus Shale.
Natural State Research seeks $3 million investment for its technology that converts plastic waste into fuel. It has spent $7 million developing this process. The technology can produce fuel from almost all types of plastic at a lower cost than crude oil. It aims to license this technology to waste management companies and fuel users. Projections estimate the $3 million investment would be worth $17 million by 2013 and $80 million for the 10% stake by 2023 as the technology is adopted globally reducing plastic waste and dependence on imported oil.
This document summarizes an oil and gas industry day presentation by the Utah State Tax Commission. It includes forecasts for oil and natural gas prices in Utah's Paradox and Uinta basins from 2013 to 2024. Production, drilling, supply, and storage data for Utah's natural gas industry in 2013 is also presented, along with factors influencing domestic energy consumption and prices such as weather and economic conditions. Projections suggest oil and gas production in Utah will increase over the next few years while prices remain stable.
Adapting to a Challenging Oil Price Environment in Aberdeen Helen Fisher
Professor Alex Kemp from the University of Aberdeen shares his research and outlook on the challenging economic situation in the North Sea oil and gas industry.
Transportation Batteries - Global outlook to 2023Ray Kubis
This presentation made at the Battery Council Annual Convention is a five year global outlook for batteries across the full range of changing vehicle platforms and applications. It includes a model for the $142 Billion forecast demand and the 1.25 terawatt hour of annual battery storage required by then. SEE NOTES SECTION FOR SPEECH SCRIPT
PV Project Development Economic Feasibility Financial Model Baseline CaseFadi Maalouf, PMP
The document provides financial and operational inputs and outputs for analyzing the economic feasibility of a solar PV project. Key inputs include a capital cost of $825/kWp, O&M costs of $10/kWp-yr, a PPA rate of $0.029749/kWh, and an expected annual yield of 2100 kWh/kWp. The analysis calculates performance metrics like LCOE, payback period, NPV, IRR, and debt service coverage ratios to determine the project's feasibility.
This document provides an overview of key concepts in elasticity, including:
- Price elasticity of demand measures the responsiveness of quantity demanded to a change in price. It is calculated as the percentage change in quantity divided by the percentage change in price.
- Cross-price elasticity of demand measures the responsiveness of quantity demanded of one good to a price change in another. It indicates if goods are substitutes or complements.
- Income elasticity of demand measures the responsiveness of quantity demanded to a change in income. It indicates if a good is inferior, normal, or a luxury.
- Price elasticity of supply measures the responsiveness of quantity supplied to a change in price.
The document discusses concepts of elasticity in microeconomics including definitions of price elasticity of demand, cross-price elasticity, and income elasticity. It provides examples of how demand changes with price and how to calculate different elasticity measures using the percentage change formula. Graphs and a demand schedule are presented to illustrate total revenue.
The Economics of Sustainability - An overview of the state of knowledgeSustainable Prosperity
The document provides an overview of recent research on the economics of sustainability across three themes: ecosystems, climate change, and water. It discusses how failure to address issues like climate change represents huge economic risks but also opportunities. Studies estimate the costs of environmental degradation and the financing needed for sustainable solutions. Research emphasizes that improved resource efficiency through policy measures like carbon pricing can help decouple economic growth from environmental impacts.
This document discusses bringing biodiesel education to automotive classrooms. It outlines the benefits of biodiesel including reduced dependence on foreign oil, lower emissions, and use in existing diesel engines. Several schools and programs are highlighted that have incorporated biodiesel into their automotive and renewable energy curriculums through hands-on labs working with biodiesel production and testing fuel quality. Resources for further education on biodiesel handling, usage, and technical specifications are also provided.
The district heat project is within budget and its ongoing operation is viable. The project meets its goals of reducing emissions, replacing oil with a regional fuel source, and stabilizing heating costs for the city and schools. The document recommends that the city authorize proceeding with the project as planned, continuing customer signups and issuing construction bids to begin in spring 2013 with the goal of providing thermal energy to customers by October 1, 2013.
xcel energy BAC_Presentation_112007_Finalfinance26
Ben Fowke, Vice President and CFO of Xcel Energy, discusses the company's strategy to achieve financial success through environmental leadership. Xcel aims to stabilize or reduce carbon emissions from electricity by 2020 through renewable energy, energy efficiency, upgrading plants, and evaluating carbon capture technology. This strategy positions the company for anticipated climate regulation while maintaining reasonable customer rates and regulatory support for investments. Fowke outlines capital spending projections and enhanced recovery mechanisms that can deliver earnings and dividend growth.
Este documento describe un proyecto de un laberinto magnético. El laberinto consiste en guiar una bola metálica a través de un camino usando un imán sin que la bola toque las paredes, las cuales encenderán una bombilla si son tocadas. El proyecto ilustra el fenómeno físico del magnetismo y cómo ciertos materiales como el hierro y el níquel son magnéticos y pueden atraer u repeler otros objetos.
This document provides tips for building constructive relationships in the online classroom. It recommends clearly outlining expectations and policies upfront. It also suggests using information from introductory assignments to get to know students and humanize the learning environment. The document stresses the importance of caring about students, being available, and participating in the course. It advises modeling respectful interactions and providing positive feedback focused first on what students do well.
The newsletter provides updates on Bank AlFalah branches and employees. It features an interview with the branch manager of the Shadbagh branch, Mr. Mohsin Raza, who discusses the challenges of operating in that area and accomplishments of his dedicated team. It also recognizes Mr. Zubair Ali Raja as the mentor of the week at the Shadbagh branch and highlights an employee who exceeded sales targets and was awarded a cash prize. Additionally, it shares photos from the inauguration of a new ATM at the Sukker branch.
Prominent Texas-based businessman Jerry Durant has owned Jerry Durant Auto Group in Weatherford, Texas, for more than four decades. In addition to his professional activities, Jerry Durant works to give back to his community through his support of several local organizations, including the Weatherford Independent School District Education Foundation.
The document outlines the objectives, approach, strategies and timelines of the Labour Department of Haryana. The key objectives are to facilitate harmonious industrial relations, ensure social justice and worker welfare, and create improving conditions for women workers. The department will take a facilitative approach to implement labour laws and promote dispute resolution. Main strategies include tripartite consultations, simplifying approvals, encouraging in-house dispute resolution, and reviewing minimum wages. Timelines for resolving issues range from 15 days to 6 months depending on the issue.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against developing mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
Engagement Is Everything, How To Apply Psychology to Improve Digital Experien...Mad*Pow
Why are some digital experiences utterly engaging—addicting, even—and others can’t hold people’s attention for more than a few minutes (we’re looking at you, employer-mandated health risk assessments)? In a world where there are hundreds of thousands of apps in the health and wellness category alone, an engaging experience is a must to win space on someone’s smartphone. In this webinar, we’ll dive into the behavior science behind motivation to uncover some of the qualities of truly engaging digital experiences.
We begin with an understanding of what it means to be engaged, and how to decide what level of engagement is needed for a particular experience. Then, we dive into a robust and well-researched theory of motivation, self-determination theory, to understand what makes certain experiences stick. It’s all about identifying and pushing the “levers of motivation” by designing for the fundamental psychological needs that make people tick. Behavior Change Design Director Amy Bucher, Ph.D., will walk through industry-best examples of engaging digital experiences ranging from video games to educational tools to health interventions. She’ll offer a list of best practices for each of the key levers of motivation: autonomy, competence, and relatedness. Learn how to super-charge your digital products with psychology.
This document discusses renewable energy alternatives and their costs. It analyzes the costs of wind, solar, natural gas, and hybrid options. Wind and solar costs have been falling in recent years while natural gas costs have remained steady. The document then provides a cost comparison of different renewable and blended options, showing how a hybrid system can provide lower and more stable costs compared to natural gas alone by hedging against fuel price fluctuations.
Citi 2014 Global Energy and Utilities Conference - Cabot PresentationMarcellus Drilling News
The Cabot Oil & Gas PowerPoint presentation used during Cabot's address to the delegates at the Citi 2014 Global Energy and Utilities Conference in Boston, MA on May 14-15, 2014. The presentation has a number of interesting, inside bits of information useful to those who track the happenings in the Marcellus Shale.
Natural State Research seeks $3 million investment for its technology that converts plastic waste into fuel. It has spent $7 million developing this process. The technology can produce fuel from almost all types of plastic at a lower cost than crude oil. It aims to license this technology to waste management companies and fuel users. Projections estimate the $3 million investment would be worth $17 million by 2013 and $80 million for the 10% stake by 2023 as the technology is adopted globally reducing plastic waste and dependence on imported oil.
This document summarizes an oil and gas industry day presentation by the Utah State Tax Commission. It includes forecasts for oil and natural gas prices in Utah's Paradox and Uinta basins from 2013 to 2024. Production, drilling, supply, and storage data for Utah's natural gas industry in 2013 is also presented, along with factors influencing domestic energy consumption and prices such as weather and economic conditions. Projections suggest oil and gas production in Utah will increase over the next few years while prices remain stable.
Adapting to a Challenging Oil Price Environment in Aberdeen Helen Fisher
Professor Alex Kemp from the University of Aberdeen shares his research and outlook on the challenging economic situation in the North Sea oil and gas industry.
Transportation Batteries - Global outlook to 2023Ray Kubis
This presentation made at the Battery Council Annual Convention is a five year global outlook for batteries across the full range of changing vehicle platforms and applications. It includes a model for the $142 Billion forecast demand and the 1.25 terawatt hour of annual battery storage required by then. SEE NOTES SECTION FOR SPEECH SCRIPT
PV Project Development Economic Feasibility Financial Model Baseline CaseFadi Maalouf, PMP
The document provides financial and operational inputs and outputs for analyzing the economic feasibility of a solar PV project. Key inputs include a capital cost of $825/kWp, O&M costs of $10/kWp-yr, a PPA rate of $0.029749/kWh, and an expected annual yield of 2100 kWh/kWp. The analysis calculates performance metrics like LCOE, payback period, NPV, IRR, and debt service coverage ratios to determine the project's feasibility.
This document provides an overview of key concepts in elasticity, including:
- Price elasticity of demand measures the responsiveness of quantity demanded to a change in price. It is calculated as the percentage change in quantity divided by the percentage change in price.
- Cross-price elasticity of demand measures the responsiveness of quantity demanded of one good to a price change in another. It indicates if goods are substitutes or complements.
- Income elasticity of demand measures the responsiveness of quantity demanded to a change in income. It indicates if a good is inferior, normal, or a luxury.
- Price elasticity of supply measures the responsiveness of quantity supplied to a change in price.
The document discusses concepts of elasticity in microeconomics including definitions of price elasticity of demand, cross-price elasticity, and income elasticity. It provides examples of how demand changes with price and how to calculate different elasticity measures using the percentage change formula. Graphs and a demand schedule are presented to illustrate total revenue.
The Economics of Sustainability - An overview of the state of knowledgeSustainable Prosperity
The document provides an overview of recent research on the economics of sustainability across three themes: ecosystems, climate change, and water. It discusses how failure to address issues like climate change represents huge economic risks but also opportunities. Studies estimate the costs of environmental degradation and the financing needed for sustainable solutions. Research emphasizes that improved resource efficiency through policy measures like carbon pricing can help decouple economic growth from environmental impacts.
This document discusses bringing biodiesel education to automotive classrooms. It outlines the benefits of biodiesel including reduced dependence on foreign oil, lower emissions, and use in existing diesel engines. Several schools and programs are highlighted that have incorporated biodiesel into their automotive and renewable energy curriculums through hands-on labs working with biodiesel production and testing fuel quality. Resources for further education on biodiesel handling, usage, and technical specifications are also provided.
The district heat project is within budget and its ongoing operation is viable. The project meets its goals of reducing emissions, replacing oil with a regional fuel source, and stabilizing heating costs for the city and schools. The document recommends that the city authorize proceeding with the project as planned, continuing customer signups and issuing construction bids to begin in spring 2013 with the goal of providing thermal energy to customers by October 1, 2013.
xcel energy BAC_Presentation_112007_Finalfinance26
Ben Fowke, Vice President and CFO of Xcel Energy, discusses the company's strategy to achieve financial success through environmental leadership. Xcel aims to stabilize or reduce carbon emissions from electricity by 2020 through renewable energy, energy efficiency, upgrading plants, and evaluating carbon capture technology. This strategy positions the company for anticipated climate regulation while maintaining reasonable customer rates and regulatory support for investments. Fowke outlines capital spending projections and enhanced recovery mechanisms that can deliver earnings and dividend growth.
xcel energy BAC_Presentation_112007_Finalfinance26
Ben Fowke, CFO of Xcel Energy, discusses the company's strategy to achieve financial success through environmental leadership and addressing climate change. Xcel plans to stabilize or reduce carbon emissions by 2020 through increasing renewable energy, upgrading plants, expanding energy efficiency programs, and potentially carbon capture technology. This strategy positions the company for continued regulatory approval and investment opportunities under future carbon regulation.
- U.S. petroleum refining company presenting at an energy conference
- Facing challenges from weak refining market conditions and falling gasoline demand
- Taking steps to improve operating flexibility and maximize contributions from non-refining businesses like logistics and coke to maintain financial performance
Turner, Dan Car Dealerships Commision Assignmentturner098
This document outlines a commissions model for a car dealership. It includes a commissions table based on percentage of list price sold, with higher commissions for higher sale percentages. It also lists 5 sample sales with costs, list prices calculated at 20% markup from cost, prices sold, and commissions calculated using the table and a VLOOKUP function. The total profit calculated from all 5 sample sales is $11,071.
This document summarizes Xcel Energy's strategy to reduce carbon emissions while growing earnings. It outlines plans to increase renewable energy and energy efficiency, upgrade plants, and invest in new natural gas generation and transmission. Specific resource plans for Minnesota and Colorado are detailed that would reduce carbon emissions through 2020. The company expects constructive regulation to support capital investments and rate base growth of 7.5% annually through 2011.
This document summarizes Xcel Energy's strategy to reduce carbon emissions while growing earnings. Key points include:
- Xcel aims to reduce carbon emissions 20-30% by 2020-2025 while achieving 5-7% annual EPS growth and increasing dividends 2-4% annually.
- Plans for Minnesota and Colorado include adding significant renewable energy like wind and solar, retiring some coal plants, and expanding energy efficiency programs.
- Xcel has constructive regulation allowing recovery of investment in areas like transmission, renewables and environmental upgrades.
- The company expects to invest $2-2.5 billion annually through 2011 to grow its rate base 7.5% annually and deliver earnings growth.
The document provides information about microeconomics concepts including complements, substitutes, normal goods, inferior goods, elasticity, and how to calculate price elasticity of demand. It includes examples of demand schedules and calculations for percentage changes in quantity demanded and price to determine if demand is elastic or inelastic using the midpoint formula.
This document provides an overview and summary of Xcel Energy's strategy to reduce carbon emissions while growing earnings. Key points include:
- Xcel aims to achieve annual EPS growth of 5-7% and increase its dividend by 2-4% annually while reducing carbon emissions 30% by 2020.
- Resource plans in Minnesota and Colorado seek approval for increasing renewable energy, demand side management programs, and natural gas generation to reduce carbon emissions.
- Constructive regulation and a pipeline of investment opportunities in areas like transmission, renewables and environmental upgrades provide earnings growth potential.
- Xcel is well positioned geographically and through its diverse portfolio to comply with potential climate change legislation and be an environmental leader.
Similar to Fuel Costs Volatility & Risk - APRISE Presentation (20)
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
2. Why Focus on Electric Utility Fuel Costs?
• Fuel
costs
dwarf
/ixed
costs
• Fuel
costs
are
the
source
of
most
of
the
risk
• To
date
the
discussion
of
risk
has
not
been
adequate
– Single
price
forecast
line
– High,
expected,
and
low
price
forecast
– Such
forecasts
cannot
capture
the
true
variability
in
future
fuel
prices
4. EIA Year 2000 Annual Energy Outlook
Here’sWhatWas Forecasted ...
0.00
5.00
10.00
15.00
20.00
25.00
30.00
35.00
40.00
$/
Barrel
2010
Dollars
Oil
Prices
-‐
EIA
2000
Annual
Energy
Outlook
LOW
Oil
Price
REF
Oil
Price
HIGH
Oil
Price
5. . . . And This is What We Actually Got:
Prices That Peaked at 3.8 x EIA’s “High” Forecast
0.00
20.00
40.00
60.00
80.00
100.00
120.00
140.00
$/
Barrel
2010
Dollars
Oil
Prices
-‐
EIA
2000
AEO
vs
Actual
LOW
Oil
Price
REF
Oil
Price
HIGH
Oil
Price
Hawaii
Fuel
Oil
6. • Complete
view
of
volatility
and
risk
• Generates
many
possible
price
paths
• Based
on
historical
data
• Veri/ied
by
others
• Easily
updated
• Uses
generic
software
• Used
broadly
Used
by
uFliFes
&
energy
planning
orgs
(e.g.,
Northwest
Power
&
ConservaFon
Council;
Federal
Govt.,
e.g.,
DOE/NETL
and
EPA;
and
Fortune
500
companies)
Monte Carlo 101
8. Monte Carlo to Explore Fuel Cost Risk
Assumptions & Data
Compare
fuel
cost
risks
across
portfolios
9. Monte Carlo to Explore Fuel Cost Risk
Assumptions & Data
Compare
fuel
cost
risks
across
portfolios
5-‐year
status
quo;
25-‐year
future
portfolio
10. Monte Carlo to Explore Fuel Cost Risk
Assumptions & Data
Compare
fuel
cost
risks
across
portfolios
5-‐year
status
quo;
25-‐year
future
portfolio
Fossil
fuel
plus
levelized
cost
of
combined
cycle
gas
plants
11. Monte Carlo to Explore Fuel Cost Risk
Assumptions & Data
Compare
fuel
cost
risks
across
portfolios
5-‐year
status
quo;
25-‐year
future
portfolio
Fossil
fuel
plus
levelized
cost
of
combined
cycle
gas
plants
Renewable
PPA
prices
include
/ixed
asset
costs
12. Monte Carlo to Explore Fuel Cost Risk
Assumptions & Data
Compare
fuel
cost
risks
across
portfolios
5-‐year
status
quo;
25-‐year
future
portfolio
Fossil
fuel
plus
levelized
cost
of
combined
cycle
gas
plants
Oil/diesel
blend
(75%
LFSO/
25%
ULSD)
and
natural
gas
• Power
consumption
/ixed
at
2014
level
• Renewable
portfolio
de/ined
with
fossil
fuels
/illing
the
balance
• Data
sources:
Renewable
PPA
prices
include
/ixed
asset
costs
15. What’s Not Included and Caveats
Costs
for
natural
gas
infrastructure
Grid
upgrades
16. What’s Not Included and Caveats
Costs
for
natural
gas
infrastructure
Grid
upgrades
O&M
costs
for
fossil
fuel
plants
17. What’s Not Included and Caveats
Costs
for
natural
gas
infrastructure
Grid
upgrades
O&M
costs
for
fossil
fuel
plants
Emissions
costs
18. What’s Not Included and Caveats
• This
analysis
demonstrates
principles
in
planning
for
and
evaluating
risk
of
volatile
fuel
prices
—
does
not
provide
an
exact
answer
• The
accuracy
of
the
results
depends
upon
the
accuracy
of
the
assumptions
Costs
for
natural
gas
infrastructure
Grid
upgrades
O&M
costs
for
fossil
fuel
plants
Emissions
costs
Lower
costs
of
renewables
19. The Size of the Prize or . . .
The Scale of the Catastrophe
Key:
SQ
=
Status
Quo,
RE
=
Renewable
Energy,
HH
=
Henry
Hub
+
$10/mmBTU,
Oil
linked
=
15%
Discount
to
(LSFO
75%
ULSD
25%)
Blend
• Monte
Carlo:
80%
chance
of
total
fuel
costs
over
30
years
of:
Ø $42
-‐
$201
billion
total
value
Ø $17
-‐
$55
billion
PV
(8%
discount
rate)
$-‐
$20.0
B
$40.0
B
$60.0
B
$80.0
B
$100.0
B
$120.0
B
1%
5%
10%
20%
30%
40%
50%
60%
70%
80%
90%
95%
99%
Status
Quo
Total
Fuel
Cost
SQ-‐Total
Cost
PV
SQ-‐Total
Cost
SQ-‐Total
Cost
PV
1%
$
27.1
B
$
12.2
B
5%
$
35.5
B
$
14.9
B
10%
$
41.6
B
$
16.9
B
20%
$
51.9
B
$
20.0
B
30%
$
61.5
B
$
22.6
B
40%
$
72.1
B
$
25.5
B
50%
$
83.3
B
$
28.4
B
60%
$
97.5
B
$
32.2
B
70%
$
116.9
B
$
36.7
B
80%
$
144.9
B
$
43.3
B
90%
$
201.3
B
$
55.5
B
95%
$
261.2
B
$
68.2
B
99%
$
444.4
B
$
105.1
B
21. Why Natural Gas?
Key:
SQ
=
Status
Quo,
RE
=
Renewable
Energy,
HH
=
Henry
Hub
+
$10/mmBTU,
Oil
linked
=
15%
Discount
to
(LSFO
75%
ULSD
25%)
Blend
• Savings:
$0
-‐
$31.7
billion
PV
if
90%
of
fossil
fuel
generation
replaced
by
natural
gas
at
Henry
Hub
+
$10/mmBTU
• Status
quo
(oil/diesel
blend):
Less
than
10%
chance
would
be
cheaper
$(80.0
B)
$(70.0
B)
$(60.0
B)
$(50.0
B)
$(40.0
B)
$(30.0
B)
$(20.0
B)
$(10.0
B)
$-‐
$10.0
B
$20.0
B
1%
5%
10%
20%
30%
40%
50%
60%
70%
80%
90%
95%
99%
Difference:
SQ
RE
w/
HH
linked
Gas
vs.
SQ
SQ
RE-‐HH
Gas
Minus
SQ-‐Total
Cost
PV
SQ
RE-‐HH
Gas
Minus
SQ-‐Total
Cost
SQ
RE-‐HH
Gas
Minus
SQ-‐Total
Cost
PV
1%
$
(354.4
B)
$
(74.8
B)
5%
$
(191.5
B)
$
(42.6
B)
10%
$
(139.1
B)
$
(31.7
B)
20%
$
(89.9
B)
$
(21.3
B)
30%
$
(65.0
B)
$
(16.0
B)
40%
$
(48.4
B)
$
(12.2
B)
50%
$
(36.3
B)
$
(9.3
B)
60%
$
(26.3
B)
$
(6.8
B)
70%
$
(16.9
B)
$
(4.6
B)
80%
$
(8.7
B)
$
(2.4
B)
90%
$
0.3
B
$
0.0
B
95%
$
7.2
B
$
2.0
B
99%
$
52.3
B
$
13.6
B
22. • “HH
LNG
vs
Oil-‐Indexed
LNG-‐Total
Fuel
Expense
Monte
Carlo”
video
to
be
inserted
here
Which Natural Gas?
Henry Hub or Oil Linked?
Henry
Hub
LNG
Oil/Diesel-‐Indexed
LNG
23. Which Natural Gas?
Henry Hub or Oil Linked?
Key:
SQ
=
Status
Quo,
RE
=
Renewable
Energy,
HH
=
Henry
Hub
+
$10/mmBTU,
Oil
linked
=
15%
Discount
to
(LSFO
75%
ULSD
25%)
Blend
• Cheaper
compared
to
what?
• Status
quo
>
Natural
Gas
(Lixed
discount)
>
Henry
Hub
linked
gas
• What’s
more
important:
beating
the
status
quo
or
total
cost?
$(50.0
B)
$(40.0
B)
$(30.0
B)
$(20.0
B)
$(10.0
B)
$-‐
$10.0
B
$20.0
B
$30.0
B
1%
5%
10%
20%
30%
40%
50%
60%
70%
80%
90%
95%
99%
Difference:
SQ
RE
w/
HH
linked
Gas
vs.
Oil
linked
Gas
SQ
RE-‐HH
Gas
Minus
Oil
Indexed
Gas-‐Total
Cost
PV
SQ
RE-‐HH
Gas
Minus
Oil
Indexed
Gas-‐Total
Cost
SQ
RE-‐HH
Gas
Minus
Oil
Indexed
Gas-‐Total
Cost
PV
1%
$
(192.0
B)
$
(40.0
B)
5%
$
(103.9
B)
$
(22.6
B)
10%
$
(72.7
B)
$
(16.4
B)
20%
$
(45.9
B)
$
(10.8
B)
30%
$
(32.5
B)
$
(7.8
B)
40%
$
(23.5
B)
$
(5.7
B)
50%
$
(16.8
B)
$
(4.1
B)
60%
$
(10.8
B)
$
(2.6
B)
70%
$
(5.8
B)
$
(1.4
B)
80%
$
(1.1
B)
$
(0.2
B)
90%
$
4.1
B
$
1.3
B
95%
$
9.1
B
$
2.8
B
99%
$
92.2
B
$
21.6
B
24. Status Quo Renewables Plus Gas or . . .
High Renewables Plus Gas for the Balance?
• High
Renewables:
costs
$0.5
B
for
protection
against
$8.3
B
catastrophe
• Oil-‐linked
gas:
pays
ratepayers
$0.9
B
for
protection
against
$15.7
B
catastrophe
Key:
SQ
=
Status
Quo,
RE
=
Renewable
Energy,
HH
=
Henry
Hub
+
$10/mmBTU,
Oil
linked
=
15%
Discount
to
(LSFO
75%
ULSD
25%)
Blend
$(5.0
B)
$-‐
$5.0
B
$10.0
B
$15.0
B
$20.0
B
1%
5%
10%
20%
30%
40%
50%
60%
70%
80%
90%
95%
99%
SQ
RE
with
High
Gas
Minus
High
RE
with
Low
Gas
Total
Cost
PV
SQ
RE-‐HH
Gas
Minus
High
RE-‐HH
Gas-‐Total
Cost
PV
SQ
RE-‐Oil
Indexed
Gas
Minus
High
RE-‐Oil
Indexed
Gas-‐Total
Cost
PV
SQ
RE-‐HH
Gas
Minus
High
RE-‐HH
Gas-‐Total
Cost
PV
SQ
RE-‐Oil
Indexed
Gas
Minus
High
RE-‐Oil
Indexed
Gas-‐Total
Cost
PV
1%
$
(1.2
B)
$
(1.8
B)
5%
$
(1.1
B)
$
(1.4
B)
10%
$
(1.0
B)
$
(1.1
B)
20%
$
(0.9
B)
$
(0.6
B)
30%
$
(0.8
B)
$
(0.1
B)
40%
$
(0.6
B)
$
0.4
B
50%
$
(0.5
B)
$
0.9
B
60%
$
(0.3
B)
$
1.6
B
70%
$
(0.1
B)
$
2.4
B
80%
$
0.3
B
$
3.7
B
90%
$
1.1
B
$
5.9
B
95%
$
2.3
B
$
8.3
B
99%
$
8.3
B
$
15.7
B
25. • “High
RE
w
LNG
vs
SQ
RE
w
LNG-‐Total
Fuel
Expense
Monte
Carlo”
video
to
be
inserted
here
What’s the Tipping Point for RE Prices to
Provide “Free” Insurance?
High
Renewable
Energy
w/LNG
Status
Quo
Renewable
Energy
w/LNG
26. • Renewables
with
HH
gas:
nearly
free
insurance
against
$8.1
billion
catastrophe
• Oil-‐linked
gas:
rate-‐payers
“paid”
$1.4
billion
against
a
$15.5
billion
catastrophe
Key:
SQ
=
Status
Quo,
RE
=
Renewable
Energy,
HH
=
Henry
Hub
+
$10/mmBTU,
Oil
linked
=
15%
Discount
to
(LSFO
75%
ULSD
25%)
Blend
$(5.0
B)
$-‐
$5.0
B
$10.0
B
$15.0
B
$20.0
B
1%
5%
10%
20%
30%
40%
50%
60%
70%
80%
90%
95%
99%
SQ
RE
with
High
Gas
Minus
High
RE
($0.14/KWh)
with
Low
Gas-‐Total
Cost
PV
SQ
RE-‐HH
Gas
Minus
High
RE
($0.14/KWh)-‐HH
Gas-‐Total
Cost
PV
SQ
RE-‐Oil
Indexed
Gas
Minus
High
RE
($0.14/KWh)-‐Oil
Indexed
Gas-‐Total
Cost
PV
SQ
RE-‐HH
Gas
Minus
High
RE
($0.14/KWh)-‐HH
Gas-‐Total
Cost
PV
SQ
RE-‐Oil
Indexed
Gas
Minus
High
RE
($0.14/KWh)-‐Oil
Indexed
Gas-‐Total
Cost
PV
1%
$
(0.7
B)
$
(1.3
B)
5%
$
(0.6
B)
$
(0.9
B)
10%
$
(0.5
B)
$
(0.6
B)
20%
$
(0.4
B)
$
(0.1
B)
30%
$
(0.3
B)
$
0.4
B
40%
$
(0.2
B)
$
0.9
B
50%
$
(0.0
B)
$
1.4
B
60%
$
0.1
B
$
2.0
B
70%
$
0.4
B
$
2.9
B
80%
$
0.7
B
$
4.2
B
90%
$
1.5
B
$
6.4
B
95%
$
2.7
B
$
8.9
B
99%
$
8.1
B
$
15.5
B
What’s the Tipping Point for RE Prices to
Provide “Free” Insurance?
28. Fuel Choices and Risk: Bottom Line
Costs
passed
on
to
ratepayers
29. Fuel Choices and Risk: Bottom Line
Costs
passed
on
to
ratepayers
LNG
can
save
ratepayers
billions
30. Fuel Choices and Risk: Bottom Line
Costs
passed
on
to
ratepayers
LNG
can
save
ratepayers
billions
May
be
locked
in
for
30+
years
31. Fuel Choices and Risk: Bottom Line
Costs
passed
on
to
ratepayers
LNG
can
save
ratepayers
billions
May
be
locked
in
for
30+
years
RE
can
provide
“free
insurance”
and
protect
ratepayers
The
answer
seems
clear:
• Maximize
low-‐cost
renewables
and
consider
natural
gas
for
the
balance
• Do
not
simply
replace
all
oil
capacity
with
gas