House Bill (H.B.) 1999 HD1, now before the Hawaii Legislature, is one of the most important pieces of legislation to be considered for enactment into law.
H.B. 1999 HD1 establishes the Legislative Utility Oversight Task Force to review franchises held by investor-owned electric utilities, specifically, Hawaiian Electric Company (HECO) and its subsidiary utilities, Maui Electric Company (MECO) and Hawaii Electric Light Company (HELCO)
.
HECO OPPOSES H.B. 1999 HD1.
HECO is a state-granted monopoly. Denial or Opposition to the review of its processes is not a right or privilege to be invoked by HECO. HECO has been granted the right to be the sole provider of electric power to the people of Hawaii. The self-serving testimony of HECO is subject to review, so are its processes, and its links to its parent, Hawaiian Electric Industries (HEI) and its sister, American Savings Bank (ASB).
The testimony of the Consumer Advocate and The Blue Planet are instructive and illustrative.
TESTIMONY OF HAWAIIAN ELECTRIC COMPANY (HECO)
The Hawaiian Electric Company and its subsidiary utilities, Maui Electric Company and Hawaii Electric Light Company, OPPOSES H.B. 1999, H.D. 1.
TESTIMONY OF THE CONSUMER ADVOCATE
“The Consumer Advocate APPRECIATES the intent of the H.D.1, which is proposing to regularly evaluate investor-owned utility companies to “ensure that these utilities are adequately providing services that serve the public.” All utility companies should be held accountable for their duty to provide safe, reliable, high quality utility services at affordable rates. The Consumer Advocate APPRECIATES the Legislature’s desire to hold the HECO Companies accountable to their franchise by creating this task force, although much of the work of the task force may be duplicative of what the Commission is already doing.” [Emphasis supplied]
TESTIMONY OF BLUE PLANET FOUNDATION
“As the PUC’s May 2013 order said, “attractive financial returns are not a utility entitlement." But developing the right system—the world-class system that other utilities emulate—should provide attractive value not only for the utility and its shareholders, but also for every resident in the state. As the PUC concluded, “the public interest demands no less.” BLUE PLANET FOUNDATION BELIEVES THAT HB 1999 HD1 WILL HELP IDENTIFY HOW BEST TO ENSURE THAT OUR INVESTOR-OWNED UTILITIES PROVIDE THAT VALUE. THIS INSTITUTIONAL EVOLUTION REGARDING HOW TO REGULATE HAWAII'S LARGEST ELECTRIC COMPANY WILL DETERMINE HOW THE ISLANDS ARE POWERED FOR THE NEXT CENTURY.” [Emphasis supplied]
Transparency, accountability, and responsibility require full disclosure and openness to audit, investigation, inquiry, and review by independent, third-parties and agencies.
The House Committee on Consumer Protection and Commerce has scheduled a Decision Making Hearing, Today, February 12, 2014, 2:00 p.m., Hawaii State Capitol, Room 325.
y
Thank you is the very least that we can say to you to show our absolute appreciation for everything you've done for us to make our lives better. Thank you for being there to guide us, lead us and keep us moving forward!
Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all. ~ Dale Carnegie
We thank you for yesterday and we thank you for today. But most of all we thank you for the days to come!
Contents: Hoping for the Best, Preparing for the Worst: Utilities continue to prepare to implement the EPA's most sweeping carbon-dioxide rule to date.
-Nuclear Still Delivers: Some public power utilities continue to invest in nuclear power plants as CO2-free, diversified energy sources.
-Smart Start for Public Power: Utilities modernized the gird with smart meters.
-Power in Numbers: New Jersey public power utilities are trying to secure state legislation that would allow them to work together through a joint action agency and harness economies of scale.
----------------------------------------------------------------------
Public Power magazine is the trade magazine for the more than 2,000 community-owned electric utilities that serve more than 48 million people in the United States. The American Public Power Association publishes the magazine bi-monthly online and in print.
Join the discussion! Use #PublicPower and connect with us:
https://www.facebook.com/americanpublicpower
https://twitter.com/publicpowerorg
https://instagram.com/publicpowerorg/
https://www.linkedin.com/company/american-public-power-association
https://www.pinterest.com/publicpowerorg/
One of the miracles of the modern era is the reliability of the modern grid. An understanding of how a utility operates will not only allow a better understanding of how the electricity we use daily is generated and transported to our homes and businesses but will provide insight into how alternative technologies such as smart grid and demand response will change the way we think of power generation, transmission, and distribution
Thank you is the very least that we can say to you to show our absolute appreciation for everything you've done for us to make our lives better. Thank you for being there to guide us, lead us and keep us moving forward!
Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all. ~ Dale Carnegie
We thank you for yesterday and we thank you for today. But most of all we thank you for the days to come!
Contents: Hoping for the Best, Preparing for the Worst: Utilities continue to prepare to implement the EPA's most sweeping carbon-dioxide rule to date.
-Nuclear Still Delivers: Some public power utilities continue to invest in nuclear power plants as CO2-free, diversified energy sources.
-Smart Start for Public Power: Utilities modernized the gird with smart meters.
-Power in Numbers: New Jersey public power utilities are trying to secure state legislation that would allow them to work together through a joint action agency and harness economies of scale.
----------------------------------------------------------------------
Public Power magazine is the trade magazine for the more than 2,000 community-owned electric utilities that serve more than 48 million people in the United States. The American Public Power Association publishes the magazine bi-monthly online and in print.
Join the discussion! Use #PublicPower and connect with us:
https://www.facebook.com/americanpublicpower
https://twitter.com/publicpowerorg
https://instagram.com/publicpowerorg/
https://www.linkedin.com/company/american-public-power-association
https://www.pinterest.com/publicpowerorg/
One of the miracles of the modern era is the reliability of the modern grid. An understanding of how a utility operates will not only allow a better understanding of how the electricity we use daily is generated and transported to our homes and businesses but will provide insight into how alternative technologies such as smart grid and demand response will change the way we think of power generation, transmission, and distribution
Smart Energy Access and Women Empowerment: A Case Study of Chitandika Village...Dr. Amarjeet Singh
Smart energy access provides numerous advantages in rural areas such as economic development and improved livelihood. Despite the efforts by energy companies to supply to rural areas, women still face a range of constraints in their ability to participate in energy activities. Therefore, this study sought to analyze the goals of access to smart energy on women empowerment from the energy company perspective, assess the extent to which access to smart energy has contributed to empowerment and to establish the challenges faced by women in accessing smart energy with the intent of outlining strategies for future implementation. The study used a qualitative thematic analysis approach. The data was collected through structured, open-ended interviews with 20 women respondents with access to energy in chitandika village and 1 in-depth interview with the key energy expert. The study found that access to smart energy in chitandika village had a positive effect on women empowerment as it provided several benefits for the women. Additionally, the study established general and specific challenges that women face in accessing smart energy. Furthermore, it was established that the key strategies for implementing smart energy access on women empowerment were gender mainstream in energy projects, understanding women’s energy needs and demands, promoting productive use, supporting credit, and saving schemes and promoting skill development.
Ellensburg Community Solar: Accessibility and ImprovementJames King
A research paper analyzing the history and development of the Community Solar park in Ellensburg, WA. This paper outlines impediments to the adoption of solar technology, current successes achieved by the park, and how public accessibility can be improved and expanded in the future.
9/9 FRI 11:00 | Sustainable Economic Development - SebastianAPA Florida
Nilsa Zacarias
Brandon R. Schaad
Rebecca Grohall
Economic development and job creation are perennial issues for almost any community, but even more in this severe economic downturn. Recent economic conditions have affected most everyone in the public and private sector, and the City of Sebastianhas been no exception. This presentation will focus on the City of Sebastian’s efforts to strengthen their economy by maximizing
their available resources and providing a sustainable economic framework which balances land use, housing and transportation. Sebastian’s cutting edge sustainable approach is based on supporting green jobs, promoting the growth of eco-tourism and diversifying housing choices to attract a more dynamic workforce.
2011 BMW 335i xDrive brochure provided by Circle BMW located in Eatontown, NJ. Find the 2011 BMW 335i xDrive for sale in New Jersey; call about our current sales and incentives at (877) 226-2306. http://www.circlebmw.com/
“The ordinary man is much more likely to the right thing if he really understands why he is doing it, and what will probably happen if he does something else; and the best basis for sound judgment is a knowledge of what has been done in the past, and with what results.”
--- Sir John Cotesworth Slessor, Marshal of the Royal Air Force, GCB, DSO, MC, Senior Commander, Royal Air Force, Chief of the Air Staff from 1950 to 1952
Smart Energy Access and Women Empowerment: A Case Study of Chitandika Village...Dr. Amarjeet Singh
Smart energy access provides numerous advantages in rural areas such as economic development and improved livelihood. Despite the efforts by energy companies to supply to rural areas, women still face a range of constraints in their ability to participate in energy activities. Therefore, this study sought to analyze the goals of access to smart energy on women empowerment from the energy company perspective, assess the extent to which access to smart energy has contributed to empowerment and to establish the challenges faced by women in accessing smart energy with the intent of outlining strategies for future implementation. The study used a qualitative thematic analysis approach. The data was collected through structured, open-ended interviews with 20 women respondents with access to energy in chitandika village and 1 in-depth interview with the key energy expert. The study found that access to smart energy in chitandika village had a positive effect on women empowerment as it provided several benefits for the women. Additionally, the study established general and specific challenges that women face in accessing smart energy. Furthermore, it was established that the key strategies for implementing smart energy access on women empowerment were gender mainstream in energy projects, understanding women’s energy needs and demands, promoting productive use, supporting credit, and saving schemes and promoting skill development.
Ellensburg Community Solar: Accessibility and ImprovementJames King
A research paper analyzing the history and development of the Community Solar park in Ellensburg, WA. This paper outlines impediments to the adoption of solar technology, current successes achieved by the park, and how public accessibility can be improved and expanded in the future.
9/9 FRI 11:00 | Sustainable Economic Development - SebastianAPA Florida
Nilsa Zacarias
Brandon R. Schaad
Rebecca Grohall
Economic development and job creation are perennial issues for almost any community, but even more in this severe economic downturn. Recent economic conditions have affected most everyone in the public and private sector, and the City of Sebastianhas been no exception. This presentation will focus on the City of Sebastian’s efforts to strengthen their economy by maximizing
their available resources and providing a sustainable economic framework which balances land use, housing and transportation. Sebastian’s cutting edge sustainable approach is based on supporting green jobs, promoting the growth of eco-tourism and diversifying housing choices to attract a more dynamic workforce.
2011 BMW 335i xDrive brochure provided by Circle BMW located in Eatontown, NJ. Find the 2011 BMW 335i xDrive for sale in New Jersey; call about our current sales and incentives at (877) 226-2306. http://www.circlebmw.com/
“The ordinary man is much more likely to the right thing if he really understands why he is doing it, and what will probably happen if he does something else; and the best basis for sound judgment is a knowledge of what has been done in the past, and with what results.”
--- Sir John Cotesworth Slessor, Marshal of the Royal Air Force, GCB, DSO, MC, Senior Commander, Royal Air Force, Chief of the Air Staff from 1950 to 1952
When the politicians and legal system fails us, we take to the streets and more...we will not be ignored nor give up, we have kuleana to aloha and malama the aina ...
---Walter Ritte, Advocate, Activist, Champion for Justice
"A man would do nothing, if he waited until he could do it so well that no one would find fault with what he has done." ~ Cardinal John Henry Newman
"What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it is another matter." ~ Peter F. Drucker, Social Ecologist
"Nothing will ever be attempted, if all possible objections must be first overcome." ~ Dr. Samuel Johnson, Author, Linguist and Lexicographer
How digital can deliver your business goalsChris Woods
Marketers know new technology encourages greater customer engagement – but can digital also help brands realise their core objectives?
Putting digital technology at the heart of your business can encourage harmonisation and break down silo thinking – but how is that achieved?
What methods can be employed to turn customers into communities and integrate businesses departments around your brand’s core principles?
This discussion will help you understand:
How to encourage internal change through new technology
How business aims can be met through focusing on digital
Why building and managing communities matters
Speakers
Matt Ballantine
Principal evangelist
Microsoft
Chris Woods
Head of digital
Hanover
Louis Georgiou
Owner and director
Code Computerlove
>> View the webinar recording
http://www.themarketer.co.uk/knowledge-centre/marketing-transformation-how-digital-can-deliver-your-business-goals/
2012 BMW 1 Series Convertible For Sale NJ | BMW Dealer In EatontownJoseph Falotico
2012 BMW 1 Series Convertible brochure provided by Circle BMW in Eatontown, NJ. Find the 2012 BMW 1 Series Convertible for sale in New Jersey. Call us about our current sales and incentives at (888) 553-3958. http://www.circlebmw.com
2012 BMW 1 Series Coupe For Sale NJ | BMW Dealer In EatontownJoseph Falotico
2012 BMW 1 Series Coupe brochure provided by Circle BMW in Eatontown, NJ. Find the 2012 BMW 1 Series Coupe for sale in New Jersey. Call us about our current sales and incentives at (888) 553-3958. http://www.circlebmw.com
2012 BMW 6 Series Convertible For Sale NJ | BMW Dealer In EatontownJoseph Falotico
2012 BMW 6 Series Convertible brochure provided by Circle BMW in Eatontown, NJ. Find the 2012 BMW 6 Series Convertible for sale in New Jersey. Call us about our current sales and incentives at (888) 553-3958. http://www.circlebmw.com
The future belongs to those who see possibilities before they become obvious. - John Scully
The visionary is the one who brings his or her voice into the world and who refuses to edit, rehearse, perform, or hide. It is the visionary who knows that the power of creativity is aligned with authenticity. - Angeles Arrien
“The most confused we ever get is when we're trying to convince our heads of something our heart knows is a lie.”
― Karen Marie Moning
“The true value of somebody in this town is very hard to determine. It’s all smoke and mirrors.”
– Mark Ruffalo
“Focus on how far you have come, not how far you have to go.” - C.S. Lewis
“There are many challenges, there are many obstacles; let us try to change the obstacles to advantages.” - Harri Holkeri
“A year from now you will wish you had started today.”
- Karen Lamb
1000-1250 words
Table of Contents
Abstract 2
Introduction 3
Organizational analysis 3
Leadership 3
Market 3
Operations 3
Finance 4
Performance 4
Regulatory environment 4
Critical incidents 4
Investment potential 4
Recommendation 4
References 5
Abstract
The goal of this case study is to provide a detailed outline for potential addition into the company’s investment portfolio. The company targeted for potential investment is Pacific Gas and Electric Company or PG&E. Covered herein is the organizational analysis, critical incidents, the company’s investment potential, and recommendations based on findings.
Introduction
PG&E Corporation (PG&E or the company) is an energy-based holding company for Pacific Gas and Electric Company (Pacific Gas and Electric). PG&E subsidiaries provide customers with public utility services, and services relating to the generation of energy, transmission of electricity and natural gas, generation of electricity, and the distribution of energy. The company primarily operates in the US. It is headquartered in San Francisco, California, and employed 21,166 people as on December 31, 2013.Organizational analysisLeadership
PG&E is an energy-based holding company for Pacific Gas and Electric. Pacific Gas and Electric is engaged primarily in the following businesses: electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage. PG&E operates through two segments: electric and natural gas. The company's strength lies in its strong distribution network in electricity and natural gas segments, which provide it with a competitive edge. However, volatility of the natural gas and electricity markets may adversely impact its financial condition, results of operations, and cash flows.Market
PG&E's subsidiary, Pacific Gas and Electric, has a strong distribution network for the supply of electricity and natural gas. As on December 31, 2013, the company owned approximately 18,115 circuit miles of interconnected transmission lines operated at voltages of 500 kV to 60 kV and transmission substations with a capacity of 62,289 MVA. Pacific Gas and Electric's electricity distribution network consists of approximately 141,000 circuit miles of distribution lines (of which approximately 20% are underground and approximately 80% are overhead), 58 transmission-switching substations, and 603 distribution substations. The strong distribution network provides competitive advantage to the company.Operations
As on December 31, 2013, Pacific Gas and Electric's natural gas system consisted of approximately 42,559 miles of distribution pipelines, over 6,000 miles of backbone and local transmission pipelines, and various storage facilities. Pacific Gas and Electric owns and operates three underground natural gas storage fields connected to its transmission and storage system and has a 25% interest in the new Gill Ranch Storage Field. In addition, three indep.
"You miss 100 percent of the shots you don't take."
- Wayne Gretzky, NHL Hall of Fame, “The Great One”
“If you can't fly then run, if you can't run then walk, if you can't walk then crawl, but whatever you do you have to keep moving forward.”
- Dr. Martin Luther King, Jr.
A number of factors are contributing to increases in renewable energy production in the United
States (and beyond). These factors include rapidly declining costs of electricity produced from
renewable energy sources, regulatory and policy obligations and incentives, and moves to reduce
pollution from fossil fuel-based power generation, including greenhouse gas emissions. While
not all renewable energy sources are variable, two such technologies – wind and solar PV –
currently dominate the growth of renewable electricity production. The production from wind
and solar PV tries to capture the freely available but varying amount of wind and solar
irradiance. As the share of electricity produced from variable renewable resources grows, so does
the need to integrate these resources in a cost-effective manner, i.e., to ensure that total
electricity production from all sources including variable renewable generation equals electricity
demand in real time. Also, a future electric system characterized by a rising share of renewable
energy will likely require concurrent changes to the existing transmission and distribution
(T&D) infrastructure. While this report does not delve into that topic, utilities, grid operators
and regulators must carefully plan for needed future investments in T&D, given the lead times
and complexities involved.
"An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage"
---Jack Welch, Business Executive, Author, Chemical Engineer, Former Chairman and CEO, General Electric
A brief introduction and reminder of of the energy market here in the most isolated group of inhabited islands in the entire world - Hawaii - where we have to import ALL of our fossil fuel.
The Golden Fleece is awarded when a project so symbolizes waste of taxpayer dollars – instead of investments worthy of those limited resources. ~ Taxpayers for Common Sense
“… a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government….” ~ Thomas Jefferson
RONALD REAGAN ON BIG GOVERNMENT
“Government is not the solution to our problems, government is the problem.”
“Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if stops moving, subsidize it.”
“The nine most terrifying words in the English language are, “I’m from the government and I’m here to help.”
- From the Reagan Ranch Center, Santa Barbara, California, USA
“Evil is not something superhuman, it's something less than human.” – Agatha Christie
“The most confused we ever get is when we're trying to convince our heads of something our heart knows is a lie.” ― Karen Marie Moning
Ua mau ke ea o ka `aina i ka pono - The life of the land is preserved in righteousness – Motto of Hawai`i
“In Hawaii, we have something called Ho'oponopono, where people come together to resolve crisis and restore peace and balance”.
~ Duane Chapman
“Hawaii is not a state of mind, but a state of grace”.
~ Paul Theroux
Excuses kill solutions and dilute passion. Kill excuses before it kills you. Focus is key! Obstacles will always exist on your path, but it's important to remember that it is not these challenges that stop us from becoming the amazing people we can be, it is often our own excuses that stop us. - Vijay Eswaran
Audit success comes from service, not from status. The true standards of audit practice are found within the auditor's character: honesty, integrity, self control and high ethical values. The printed standards are merely guidelines for trying to make the art of auditing into a profession. - Michael L. Piazza
Auditors must develop a reputation that proclaims that they know what they are doing... that their reviews are factual and unbiased... that they deserve to be respected... that they are professionals with professional qualifications. A fundamental key to audit success is the reputation for objectivity. That implies independence from activities reviewed. Complete independence is an unattainable goal while practical independence is not only possible but absolutely essential. - Larry Sawyer
The bull rider in the chute apparently couldn't get his grip and kept resetting. - Sara M. Anderson
The rodeo ain't over till the bull riders ride. - Ralph Carpenter
The quality of a person's life is in direct proportion to their commitment to excellence, regardless of their chosen field of endeavor. Individual commitment to a group effort—that is what makes a team work, a company work, a society work, a civilization work. - Vince Lombardi
Two roads diverged in a wood and I - I took the one less traveled by, and that has made all the difference.
- Robert Frost
Sometimes the right path is not the easiest.
- Grandmother Willow
LEADership is the ability to translate vision into reality.
- Warren Bennis
Realize that if a door closed, it's because what was behind it wasn't meant for you.
- Mandy Hale
I believe each of us has a mission in life, and that one cannot truly be living their most fulfilled life until they recognize this mission and dedicate their life to pursuing it. - Blake Mycoskie
A mission statement is not something you write overnight. But fundamentally, your mission statement becomes your constitution, the solid expression of your vision and values. It becomes the criterion by which you measure everything else in your life. - Stephen Covey
There are three kinds of people: Those who make things happen, those who watch things happen, and those who ask, 'What happened?'
- Casey Stengel
Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit.
- Conrad Hilton
The Law is a mighty machine. Woe to the unfortunate man who, wholly or in part innocent, becomes entangled in its mighty wheels, unless his innocence is patent or his rescue planned and executed by able counsel. The machine will grind on relentlessly and ruthlessly, and blindfolded justice does not see that the grist is sometimes stained with blood.
- Edward Johnes, Esq.
Inner harmony means knowing yourself, accepting yourself and delighting yourself. Make your body and mind the best friends to give your best, effortlessly, in any area of your life.
- Savitha Hosamane
Michael Jordan:
Some people want it to happen, some wish it would happen, others make it happen.
I've always believed that if you put in the work, the results will come. I don't do things half-heartedly. Because I know if I do, then I can expect half-hearted results.
Talent wins games, but teamwork and intelligence wins championships.
Write your own book instead of reading someone else's book about success. Great moments are born from great opportunities. This is your time. Their time is done. It's over. This is your time. Now go out there and take it!
- Herb Brooks
No work is insignificant. All labor that uplifts humanity has dignity and importance and should be undertaken with painstaking excellence. - Martin Luther King, Jr.
To do what nobody else will do, a way that nobody else can do, in spite of all we go through; that is to be a nurse.
- Rawsi Williams
Nurses dispense comfort, compassion, and caring without even a prescription. - Val Saintsbury
It's no secret that the healthcare system needs some work. In fact, it's not really a system at all. It's confusing, it's difficult to navigate, and it's too expensive. When you combine that with some of the demographic trends that you see in our country — the population is getting older, we're experiencing more chronic disease — it gets even more complicated and more expensive. And consumer expectations are changing dramatically as well. So, this creates an opportunity for an organization like ours to lead this digital transformation.
Steve Nelson, CEO
UnitedHealthcare
When a man becomes a fireman his greatest act of bravery has been accomplished. What he does after that is all in the line of work.
I have no ambition in this world but one, and that is to be a fireman. The position may, in the eyes of some, appear to be a lowly one; but we who know the work which the fireman has to do believe that his is a noble calling. Our proudest moment is to save lives. Under the impulse of such thoughts, the nobility of the occupation thrills us and stimulates us to deeds of daring, even of supreme sacrifice.
- Edward F. Croker, Chief, New York City Fire Department
(FDNY) (1899-1911)
More from Clifton M. Hasegawa & Associates, LLC (20)
In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
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#First_India_NewsPaper
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
TASK FORCE TO INVESTIGATE HAWAII ELECTRIC COMPANY (HECO)
1. TO THE HOUSE COMMITTEES ON
ENERGY & ENVIRONMENTAL PROTECTION,
CONSUMER PROTECTION & COMMERCE,
AND
FINANCE
THE TWENTY-SEVENTH LEGISLATURE
REGULAR SESSION OF 2014
THURSDAY, February 5, 2014
TESTIMONY OF CLIFTON M. HASEGAWA, PRESIDENT AND CEO
CLIFTON M. HASEGAWA & ASSOCIATES, LLC
TO THE HONORABLE CHRIS LEE, CHAIR
THE HONORABLE CYNTHIA THIELEN, VICE CHAIR
AND
MEMBERS OF THEHOUSE COMMITTEE ON ENERGY & ENVIRONMENTAL PROTECTION (EEP)
REPRESENTATIVE TY J.K. CULLEN
REPRESENTATIVE NICOLE E. LOWEN
REPRESENTATIVE CINDY EVANS
REPRESENTATIVE SCOTT Y. NISHIMOTO
REPRESENTATIVE FAYE P. HANOHANO
REPRESENTATIVE CALVIN K.Y. SAY
REPRESENTATIVE DEREK S.K. KAWAKAMI
REPRESENTATIVE RICHARD LEE FALE
2. TO THE HONORABLE ANGUS L.K. MCKELVEY, CHAIR
THE HONORABLE DEREK S.K. KAWAKAMI, VICE CHAIR
AND
MEMBERS OF THE HOUSE COMMITTEE ON CONSUMER PROTECTION & COMMERCE (CPC)
REPRESENTATIVE SHARON E. HAR
REPRESENTATIVE BOB MCDERMOTT
REPRESENTATIVE KEN ITO
REPRESENTATIVE DELLA AU BELATTI
REPRESENTATIVE CHRIS LEE
REPRESENTATIVE TOM BROWER
REPRESENTATIVE MARK M. NAKASHIMA
REPRESENTATIVE ROMY M. CACHOLA
REPRESENTATIVE MARCUS R. OSHIRO
REPRESENTATIVE RICHARD CREAGAN
REPRESENTATIVE CLIFT TSUJI
REPRESENTATIVE CINDY EVANS
REPRESENTATIVE RYAN I. YAMANE
REPRESENTATIVE CYNTHIA THIELEN
TO THE HONORABLE SYLVIA LUKE, CHAIR
THE HONORABLE AARON LING JOHANSON, VICE CHAIR
THE HONORABLE SCOTT Y. NISHIMOTO, VICE CHAIR
MEMBERS HOUSE COMMITTEE ON FINANCE
REPRESENTATIVE TY J.K. CULLEN
REPRESENTATIVE RICHARD H.K. ONISHI
REPRESENTATIVE MARK J. HASHEM
REPRESENTATIVE GREGG TAKAYAMA
REPRESENTATIVE KANIELA ING
REPRESENTATIVE JAMES KUNANE TOKIOKA
REPRESENTATIVE JO JORDAN
REPRESENTATIVE JUSTIN H. WOODSON
REPRESENTATIVE NICOLE E. LOWEN
REPRESENTATIVE BETH FUKUMOTO
REPRESENTATIVE DEE MORIKAWA
REPRESENTATIVE BERTRAND KOBAYASHI
REPRESENTATIVE GENE WARD
REPRESENTATIVE KYLE T. YAMASHITA
HOUSE BILL NO. 1999 - RELATING TO ELECTRIC UTILITIES
DESCRIPTION:
This measure seeks to establish stringent licensing procedures for any person intending to
construct, operate, acquire an electric utility or extend an existing electric utility outside its
designated area.
3. POSITION:
I support H.B. No. 1999 and offer the following comments and recommendations.
COMMENTS:
The comments provided to the EEP by Chair of the Hawai`i Public Utilities Commission,
Hermina Morita are foundational and provide the basis for my comments and
recommendations for further consideration by the Committees. Specifically,
The Commission would like to caution the Legislature that if it initiates a review
of an electric utility franchise, it must ensure
(1) that proper resources are budgeted and allocated to obtain the required
expertise on the subject matter, and
(2) that the investigative process that is established is based on a framework that
clearly establishes for all participants the elements of the franchise that will be
reviewed, the criteria that will be used to evaluate those elements, and the
procedures to be followed in making the evaluation.
The Legislature also needs to be mindful that a review of a franchise without
clarifying the associated review process and evaluation criteria could create
uncertainty affecting the electric utility’s financial position.
First, the strength and integrity of an organization is the establishment of internal
controls. Here, Chair Morita provides a glimpse into the structure and organization of the
Public Utilities Commission and its weaknesses. In particular,
1. That the Commission is overwhelmed and inundated by Hawaiian Electric Company
(HECO), and its subsidiaries, Maui Electric Company, and Hawaiian Electric Light
Company who have and continue to aggressively pursue initiatives for renewable energy
at an alarming rate. The Commission’s resources have been drained by funding cuts and
the Commission’s ability to determine whether approval of any rate increase by the
utility is in the public interest has been diminished.
4. 2. On January 31, 2012 Chair Morita made the following statement to the EEP,
“Allowing an independent power producer to sell the power to someone other than the
utility does not make the problem of curtailment go away. It only makes the problem
worse.
Again, curtailment occurs in low load situations. By selling to someone other than the
utility in that situation in effect lowers the system load even more, which could result in
the utility shutting down more firm generation. If the intermittent resource does not
meet the needs of the customer who switched out, when the customer comes back to
the grid there may not be enough generation available to meet the customer’s demand.
This could result in an under-generation situation that will impact system reliability for
all of the customers on the grid.”
Now still in early 2014 the Commission is still grappling with grid problems, addressing
roof top solar demands and the utilities demands for new programs.
The integration of renewable energy into the utility grid has been existence since 2006.
The integration of Big Wind developers of Kaheawa at Maalaea by Maui Electric Company was
fraught with difficulty – finding hardware to stabilize the intermittent flow of energy, to
curtailment of energy from Kaheawa into the grid.
Since 2006 Hawaiian Electric Company (HECO), and its subsidiaries, Maui Electric
Company, and Hawaiian Electric Light Company have aggressively pursued initiatives for
renewable energy. HECO established an internal standard for clean energy initiatives, parallel
but more aggressive than the Hawaii Clean Energy Initiative.
3. I support clean, renewable, sustainable energy. The availability of expertise within the
Commission and the lack of aggressive oversight and insight by the Consumer Advocate
to act as the public’s watch dog have allowed the process to be controlled by HECO.
HECO has been allowed to pursue its own agenda. Examples,
“Hawaiian Electric Co. says its interconnection facility inside the battery energy
storage system warehouse at the Kahuku Wind Farm on Oahu's North Shore, which
was destroyed by fire in August, will cost at least $8 million to rebuild and take about
a year to complete.
5. The 15-megawatt system, which helps stabilize the wind energy output for the grid,
houses both HECO's interconnection facility and Kahuku Wind Farm's control rooms.
The Hawaiian Electric Industries' subsidiary also noted in a letter sent last week
to the state Public Utilities Commission that the scheduled completion date for its
interconnection facility is late 2013. That means that Boston-based First Wind won't
have its Oahu wind farm up and running until the latter part of next year”
[Emphasis supplied]
Source: Shimogawa, D. (2012, November 17). HECO says Kahuku Wind Farm's
battery storage system will cost at least $8m to replace. Pacific Business News.
Retrieved from http://www.bizjournals.com/pacific/news/2012/11/17/heco-sayskahuku-wind-farms-batter.html.
“HECO announced six new solar projects on Tuesday. Earlier this year, the
utility announced that it was pursuing five other energy projects, but three of
the developers asked that their projects be withdrawn. HECO is asking the Public
Utilities Commission from an exemption from the competitive bidding process
for the remaining nine solar projects.”
Source: Honolulu Civil Beat Staff. (2013, November 05). HECO Pushing Forward on Nine
Solar Farms for Oahu. Honolulu Civil Beat. Retrieved from
http://hawaii.news.blogs.civilbeat.com/post/66156078039/heco-pushing-forward-onnine-solar-farms-for-oahu
“First Wind’s 30-megawatt Kahuku Wind Farm on Oahu’s North Shore, which has
been hampered by a fire that destroyed its battery warehouse last year, is still
only running at a capacity of 5 megawatts, a spokesman for the Boston-based
renewable energy company told PBN. Originally, First Wind said it would be
back at full capacity by the end of 2013.”
Source: Shimogawa, D. (2013, December 30). First Wind's Kahuku Wind Farm still not
back up to speed. Pacific Business News. Retrieved from
http://www.bizjournals.com/pacific/news/2013/12/30/first-winds-kahuku-wind-farmstill.html
6. “Hawaiian Electric Co. (HECO) filed an environmental impact statement
preparation notice for a 50 MW biofuel power project at a U.S. Army site in
Honolulu, Oahu.”
Source: Editors of Electric Light & Power/ POWERGRID International. (2014, January
13). Hawaiian Electric Begins Work On 50 MW Biomass Energy Project. Electric Light &
Power. Retrieved from http://www.elp.com/articles/2014/01/hawaiian-electric-beginswork-on-50-mw-biomass-energy-project.html
4. My recommendation is the Committees and the Commission together consider referral of
investigation to the Federal Energy Regulatory Commission (FERC).
The FERC regulations allow Enforcement staff to conduct investigations
relating to any matter subject to the Commission's jurisdiction. The
investigative staff initiates investigations from information received
through a variety of sources, both internal and external. Internally,
information is received from other Commission offices, or from the
Commission itself or in the course of another investigation. Externally,
information may be received from a referral from another
government agency.
Source: http://www.ferc.gov/enforcement/investigations.asp
Second, the framework of the investigation. Hawaiian Electric Company (HECO), and its
subsidiaries, Maui Electric Company, and Hawaiian Electric Light Company are but Economic
Engines, revenue sources for Hawaiian Electric Industries (HEI), the Control Center, to be
funneled to and through their Disbursement Agent, American Savings Bank.
The major concern is porous internal controls, interlocking governance, and
misapplied/misplaced financial principles and accounting practices by and between Hawaiian
Electric Industries (HEI), Hawaiian Electric Company (HECO), and its subsidiaries, Maui Electric
Company, and Hawaiian Electric Light Company, and American Savings Bank.
1. Intermixing matters under the jurisdiction of the State of Hawaii Public Utilities
Commission and Federal banking regulators. See HEI 2012 Annual Report.
http://phx.corporate-ir.net/phoenix.zhtml?c=101675&p=irol-sec
2. Exercise of complete control by key officers and directors of Parent [Hawaiian Electric
Industries (HEI)] over Subsidiaries [American Savings Bank FSB (ASB)] and [Hawaiian
Electric Company (HECO)] and HECO divisions {Maui Electric Company Ltd. (MECO)] and
[Hawaii Light Company, Inc. (HELCO)].
7. 3. Misuse of utilization of non-GAAP standard as a measure for financial reporting of utility
and banking performance and operations.
4. Augmenting and balancing banking operations and financial performance with
operational and financial performance of the sole public utility (monopoly) for electricity
in Hawaii and vice versa.
Compare: HEI 2012 Annual Report http://phx.corporateir.net/phoenix.zhtml?c=101675&p=irol-sec and
SEMPRA ENERGY 2012 Annual Financial Report
http://www.sempra.com/annualreport/letter.html
5. Failing to disclose the Commission the full extent and participation of the trading
portfolios - within reporting units and/or with other businesses trade investments.
The linkages and interconnection of the utility and the financial organization reporting
to Hawaiian Electric Industries (HEI) Control Center requires the collective expertise of the
Federal Energy Regulatory Commission (FERC), the Securities and Exchange Commission (SEC),
and the Office of the Comptroller of Currency (OCC), and the Department of Justice (DOJ).
Chair Morita’s caution that operating procedures are needed to preserve the integrity of
the process is on target and such is absolutely required. The investigation will make inquiry into
loan and investment portfolios, funds management, capital, earnings, liquidity, and exposure to
undue market risk, compliance with consumer banking laws, review of internal controls,
internal and external audit, and compliance with law and actions from banking, utility, audit,
and corporate structure – whether there exists a permissible vertical or horizontal monopoly.
Sincerely,
Electronic Signature
Clifton M. Hasegawa
1044 Kilani Avenue 12
Wahiawa, Hawaii 96786
Telephone: (808) 744-5155
Mobile: (808) 463-1057
Email:
clifhasegawa@gmail.com
Web:
www.linkedin.com/in/cliftonhasegawa