NextEra: Gas-fired peaker plants cannot compete with new battery storage resources

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):As part of NextEra Energy Inc.’s continued embrace of disruption in the utility sector, executives during the company’s investor day laid out a bullish view on pricing and demand for renewable power paired with storage through 2022.The Florida-headquartered company estimates it will install between 20,000MW and 23,000MW of wind capacity and 9,000MW and 13,000MW of solar capacity by 2022, including assets owned and operated by competitive generation division NextEra Energy Resources LLC. Executives expect NextEra will have up to 2,000MW of storage deployed by then as well.“There is enormous change coming in this industry. I don’t think the industry really has come to grips with it,” NextEra Energy Chairman, President and CEO Jim Robo said June 20. “And we’re at the leading edge, and it is going to help drive tremendous growth to this company over the next decade.”According to Robo, the rapid growth of wind and solar in the market has been among the industry’s biggest game-changers, and one that almost everyone failed to recognize early on. While renewable tax credits might be extended, NextEra executives are betting wind and solar plus storage will be cheaper than existing coal and most existing nuclear after the early 2020s, when current federal subsidies are gone.NextEra’s decarbonization strategy includes natural gas pipelines and gas-fired plants, including the Mountain Valley Pipeline LLC in which the company owns a stake, and Florida Power & Light Co.’s FPL Dania Beach Clean Energy Center. NextEra plans to deploy between $6.3 billion and $6.9 billion for gas pipelines by 2022. Robo said the opposition to gas is surprising, because gas pipelines have enabled coal plant shutdowns and large emission reductions.However, the company takes a more bearish view on gas-fired peakers; NextEra Energy Resources President and CFO John Ketchum said management sees peakers being “cannibalized” by renewables, especially as battery storage’s manufacturing becomes more efficient and costs decline.More ($): NextEra sees batteries displacing gas-fired peakers, otherwise bullish on gas NextEra: Gas-fired peaker plants cannot compete with new battery storage resourceslast_img read more

Pete Carroll: Seattle Seahawks head coach agrees four-year contract extension | NFL News

first_img – Advertisement – – Advertisement – Russell Wilson connects with David Moore for a 55-yard touchdown against the Bills Prior to the season wide receiver Tyler Lockett detailed the unwavering culture across the organisation as a key to the Seahawks’ success under Carroll.“I think the biggest thing is what he [Carroll] brings to the table never changes,” Lockett told Sky Sports on NFL 32 LIVE.“Sometimes it’s just the players that change, but it’s still the same players, they’ve got the same grit, they want to be able to make a difference, and they get a lot of people that come on the team and they don’t want to be about themselves but they want to be about something greater, and for us it’s just really being able to fall behind leadership and that’s what we did.”Sky Sports NFL is your dedicated channel for NFL coverage through the season – featuring a host of NFL Network programming, a new weekly preview show as well as at least five games a week and NFL Redzone, you won’t miss a moment. Don’t forget to follow us on skysports.com/nfl, our Twitter account @SkySportsNFL & Sky Sports – on the go! The Seattle Seahawks have made the playoffs in eight of 10 seasons under Pete Carroll, winning four NFC West titles and lifting the Lombardi Trophy on one of two trips to the Super Bowl. Carroll is also the winningest head coach in franchise history By Cameron HogwoodLast Updated: 09/11/20 11:57am A look back at the action and talking points from Week 9 of the NFL season 0:47 Russell Wilson connects with David Moore for a 55-yard touchdown against the Bills center_img – Advertisement – A look back at the action and talking points from Week 9 of the NFL season The Seattle Seahawks and Pete Carroll have agreed a four-year contract extension set to make him one of the highest-paid head coaches in the NFL.ESPN were first to report the news prior to the Seattle Seahawks’ Week Nine defeat to the Buffalo Bills, with NFL Network’s Ian Rapoport following suit.The new deal ties the 69-year-old down in Seattle through the 2025 season, following on from Carroll’s claim earlier this year that he wished to coach for at least five more years.Seattle have reached the playoffs in eight of 10 seasons since Carroll’s arrival in 2010, winning one of two Super Bowl appearances as well as clinching four NFC West titles.Carroll is the winningest head coach in Seahawks history with a record of 106-60-1, while his 139-91-1 career regular-season record and 150-91-1 record including playoffs both rank 22nd all time in the NFL. – Advertisement – 4:04last_img read more