Morgan Stanley: Green hydrogen could be economically competitive by 2023

first_img FacebookTwitterLinkedInEmailPrint分享Recharge:Green hydrogen could as soon as 2023 be competitive with grey H2 made using fossil fuels thanks to US wind power that’s as cheap as $5/MWh, said finance giant Morgan Stanley.Steep falls in clean generation costs mean at $1.53/kg, hydrogen produced via electrolysis sited at “best in class” US renewable projects is already competitive with so-called blue H2, made using abated gas, said Morgan Stanley in a note to clients.By 2023/24 continued falls in onshore wind costs that are already often as low as $20/MWh – and, crucially, a further extension to key renewable energy tax credits – could drive LCOE in regions such as Texas and the Midwest as low as $5-7/MWh, Morgan Stanley’s analysts reckon.That would make green hydrogen from wind competitive with new grey production “much sooner than appreciated” at about $1/kg, said the note, adding that the price of renewable H2 is “highly sensitive” to generation cost falls, with a $2/MWh reduction driving it down by $0.10/kg.The US offers one of the biggest potential markets for green hydrogen to act as a key driver of the energy transition by displacing fossil fuels, Morgan Stanley said. As elsewhere in the world, grey hydrogen produced via unabated fossils currently dominates the US market with a price of about $0.30/kg that excludes the capital cost needed to bring new capacity online.The Morgan Stanley analysts admit the dramatic fall depends on ongoing reductions in the costs of electrolyser technology, and subsidies to support green H2 electrolysis, as well as an extension of the wind power production tax credit to 2024, but said they see both “as highly possible”.[Andrew Lee]More: Green hydrogen could match grey by 2023 thanks to $5/MWh wind power: Morgan Stanley Morgan Stanley: Green hydrogen could be economically competitive by 2023last_img read more

Lawyers exempted from federal privacy provision

first_imgLawyers exempted from federal privacy provision Lawyers exempted from federal privacy provision January 1, 2006 Regular Newscenter_img A federal appeals court has ruled the nation’s lawyers are not bound by the privacy and information-sharing requirements of the Gramm-Leach Bliley Act.The U.S. Court of Appeals for the District of Columbia Circuit ruled December 6 that the privacy provisions of Title V of the Gramm-Leach-Bliley Act do not apply to lawyers, stating, “We cannot hold that Congress has directly and plainly granted the [Federal Trade] Commission the authority to regulate practicing attorneys as the commission attempts.. . . The commission’s interpretation is not a reasonable one,” Judge David Sentelle wrote for the three-judge panel that heard the case.“When we examine a scheme of the length, detail, and intricacy of the one before us, we find it difficult to believe that Congress, by any remaining ambiguity, intended to undertake the regulation of the profession of law — a profession never before regulated by ‘federal functional regulators’ — and never mentioned in the statute. To find this interpretation deference worthy, we would have to conclude that Congress not only had hidden a rather large elephant in a rather obscure mousehole, but had buried the ambiguity in which the pachyderm lurks beneath an incredibly deep mound of specificity, none of which bears the footprints of the beast or any indication that Congress even suspected its presence. We therefore seriously doubt that Congress intended to empower the Commission to undertake that regulation.. . . ”Chief Judge Douglas Ginsburg concurred. The third judge on the panel was now U.S. Supreme Court Chief Justice John Roberts, who did not participate in the final decision.The GLBA requires financial institutions to send out notices to customers alerting them to the possibility of disclosure of their personal financial information and providing methods for customers to “opt out” of the institution’s disclosure practices. When the FTC sought to apply this provision to attorneys engaged in such practice areas as tax planning and transactions, estate planning, real estate closings, and personal bankruptcy, the New York State Bar Association and the ABA challenged that policy successfully in court.Judge Reggie B. Walton of the U.S. District Court for the District of Columbia granted summary judgment in May 2004.last_img read more

URSS Rebels prepare for Nebraska doubleheader weekend

first_imgNORTH PLATTE, Neb. – The United Rebel Sprint Series will make the trek to the Cornhusker State this weekend as the third race of the Myers Racing Engines National Points Championship kicks off the weekend Saturday at Lincoln County Raceway in North Platte and a Sunday trip to the lightning fast Dawson County Speedway in Lexington for a regional show.Look for many Sprint Series of Nebraska drivers to bolster the fields for both races as it is an opportunity to pick up valuable URSS/IMCA RaceSaver points as well. With the recent rescheduling of the Valentine Speedway show to Aug. 20 in Glen Rock, Wyo., look for some of the Colorado Region drivers to run for national and regional points as well.So far out of the 13 races run, 10 different drivers have made their way to victory lane. Only two drivers have multiple wins, Luke Cranston with three and Zach Blurton with two. The parity the series has enjoyed over the last few seasons is once again its biggest drawing card. The intent was to create a balanced field and it has proven to be just that.Saturday’s Ron Williams/Dick (Snoose) Myers Memorial at North Platte was originally scheduled as a regional point race. But through the efforts of North Platte racer John Webster it blossomed into a stop on the national points schedule. The race will pay $1,500 to win with increased payouts throughout the field. Also, numerous contingency awards will be given out to the racers at the event to make it a race to attend.Sunday night, the Rebels return to Lexington to tackle the always racy Lexington Speedway. This track has been a driver’s favorite since the birth on the series. Look for McCook drivers Darren Berry and Nate Berry and last week’s Boothill Shootout winner Jason Martin, Jack Dover and other drivers from Nebraska to battle for bragging rights both nights.last_img read more

Eight new deaths reported in Iowa due to COVID-19 — 83 new cases in the state — one new case in Franklin County

first_imgDES MOINES – The Iowa Department of Public Health (IDPH) has been notified of 83 additional positive cases for a total of 868 positive cases. There have been an additional 519 negative tests for a total of 9,973 negative tests to date, which includes testing reported by the State Hygienic Lab and other labs. An additional 8 deaths were reported to IDPH.More than 10% of all positive cases in Iowa are occurring among long term care staff and residents. More than 40% of all deaths in Iowa are associated with outbreaks in long-term care facilities. This statistic underscores that COVID-19 poses the most risk for older adults above the age of 60 with chronic health conditions, resulting in more severe illness and death.The Iowa Department of Public Health and public health officials continue to work closely with Iowa’s long-term care associations and facilities, providing guidance for sick residents, transferring residents in need of care to hospitals, constantly monitoring the health of other residents and staff, and implementing additional infection prevention measures.According to IDPH, an additional 8 deaths were also reported:Appanoose County, 1 elderly adult (81+)Johnson County, 1 older adult (61-80 years)Polk County, 2 older adults (61-80 years), 1 elderly adult (81+)Linn County, 1 elderly adult (81+)Scott County, 1 elderly adult (81+)Washington County, 1 older adult (61-80 years)According to IDPH, the locations and age ranges of the 83 individuals include:Allamakee County, 1 older adult (61-80 years)Benton County, 2 middle-age (41-60 years)Black Hawk, 1 adult (18-40 years), 1 middle-age (41-60 years)Boone County, 1 middle-age (41-60)Buchanan County, 2 adults (18-40 years)Cedar County, 1 older adult (61-80 years)Clarke County, 1 adult (18-40 years)Clayton County, 1 older adult (61-80 years)Clinton County, 1 middle-age adult (41-60 years)Dallas County, 1 adult (18-40 years), 1 middle-age adult (41-60 years)Hamilton County, 1 older adult (61-80 years)Henry County, 2 elderly adults (81+)Johnson County, 7 adults (18-40 years), 3 middle-age adults (41-60 years)Jones County, 1 adult (18-40 years)Linn County***, 3 adults (18-40 years), 8 middle-age adults (41-60 years), 4 older adults (61-80 years), 7 elderly adults (81+),Louisa County, 1 elderly adult (81+), 4 middle-age adults (41-60 years)Muscatine County, 2 adults (18-40 years), 3 middle-age adults (41-60 years), 1 older adult (61-80 years)Plymouth County, 1 adult (18-40 years)Polk County, 3 adults (18-40 years), 8 middle-age adults (41-60 years), 2 older adults (61-80 years)Scott County, 3 adults (18-40 years)Shelby County, 1 middle-age adult (41-60 years)Tama County, 1 older adult (61-80 years)Warren County, 1 middle-age adult (41-60 years)Washington County, 2 middle-age adults (41-60 years)***70 of Linn County’s 161 positive cases (43%) can be attributed to an outbreak at a long-term care facility.A status report of monitoring and testing of COVID19 in Iowa is provided by IDPH and can be found here. In addition, a public hotline has been established for Iowans with questions about COVID-19. The line is available 24/7 by calling 2-1-1 or 1-800-244-7431. The state of Iowa has started sharing the number of negative tests conducted at outside labs, and is providing additional information on the conditions of those infected with COVID-19.NOTE: A case that was previously reported as a positive case in Pottawattamie County, upon further investigation, is a negative case and is removed from the case count.Gov. Reynolds will hold a press conference tomorrow at 11:00 a.m. DES MOINES — The Iowa Department of Public Health says eight more Iowans have died due to COVID-19, and there are 83 new cases in Iowa.Missing from this afternoon’s report is the confirmation of one case in Franklin County. Franklin County Public Health Director Ashley Roberts in a press release issued Sunday says the person is aged 41-60 and that the individual is self-isolating at home.Governor Reynolds next news conference regarding COVID-19 is scheduled for 11:00 AM on Monday, which you can hear on AM-1300 KGLO and OF THE GOVERNORGovernor Kim Reynolds ★ Lt. Governor Adam GreggFOR IMMEDIATE RELEASE: Sunday Apr. 5, 2020Additional COVID-19 cases and deaths in Iowa, state taking all measures to protect at-risk populationlast_img read more