Westar gets Kansas OK to sell green energy direct to businesses

first_imgWestar gets Kansas OK to sell green energy direct to businesses FacebookTwitterLinkedInEmailPrint分享The Topeka Capital-Journal:Westar Energy launched a new program this week that its leader called “a powerful economic development tool” that will allow businesses access to wind energy.On Tuesday, the Kansas Corporation Commission gave its stamp of approval to the Direct Renewable Participation Service. That opened the way for Westar to announce Wednesday that it had reached a 20-year agreement with an affiliate of NextEra Energy Resources LLC to purchase energy from a new 300 megawatt wind farm that is being developed in Nemaha County.“The KCC unlocked a powerful economic development tool. Many large companies want affordable green energy when they choose sites for expansion or new facilities,” said Terry Bassham, president and CEO of Evergy, which operates as Westar Energy and KCP&L. “We are harnessing Kansas wind to attract and grow Kansas businesses. Wind energy boosts our local economies starting with the new wind farm jobs and the lease payments to landowners hosting the wind farm all the way to the communities that grow as businesses choose Kansas.”The program offers businesses a way to meet their sustainability goals by tapping into Kansas wind energy, said Westar spokeswoman Gina Penzig. “There are a lot of large companies that when looking either expanding their facilities or looking at new facilities, they’re really interested in affordable, renewable energy,” she said, adding that having a direct connection to a Kansas wind farm offers a tangible opportunity for those companies.Businesses that participate will be able to claim a portion of the energy generated by the wind farm, to be called the Soldier Creek Wind Energy Center, as their own. The new program is aimed at large commercial customers, she said.“It provides a direct access,” Penzig said. “First of all, the pricing is based on the price agreed to with the wind farm developer. So they’re getting to see some of the great prices available from Kansas renewables today. In addition, they are able to tell their stakeholders that they have a direct piece of Soldier Creek Wind Farm in Kansas. They don’t have an ownership share, but there’s a portion of the wind energy produced at that wind farm that is dedicated to them and is going to their operations.”More: In the wind: Westar launches push to meet business green energy needslast_img read more

Kongsberg Maritime Swings to Profit

first_imgKongsberg Maritime (KM) has reported third-quarter 2017 revenues at NOK 1.81 billion, relatively flat with NOK 1.85 billion in the corresponding period in 2016.Kongsberg’s largest business area has seen order intake in the quarter at NOK 1,67 billion, resulting in an accumulated order intake at quarter end of NOK 5,64 billion.For the first nine months of 2017, KM generated revenues of NOK 5.55 billion, almost NOK 1 billion less from the corresponding comparable period. According to the company, revenues are expected to stabilize in 2018, and profitability should gradually improve.EBITDA was NOK 176 million, with margin of 9.7 percent, compared to negative NOK 255 million same time last year, and negative margin of 13.8 percent.Kongsberg Maritime reported order backlog of NOK 4.9 billion, against NOK 5.2 billion at the end of Q2 2017.Number of employees at KM was reduced by 55 since June 30, 2017, and by 336 since end-2016.“Kongsberg Maritime has in the last two years carried out significant organisational changes and capacity adjustments that are beginning to yield improved profitability. This restructuring has been necessary both in dealing with lower demand in certain markets and at the same time due to intensified competition. Some markets are still challenging, but we expect the new organisation and business model to make Kongsberg Maritime more robust and better adapted to the current market situation and expected future development. We are continuing to take strategic positions with new concepts and focusing on segments with growth, and see considerable opportunities ahead of us,” says Geir Håøy, president & CEO.As a Group, Kongsberg generated profit after tax on NOK 79 million, on revenue of NOK 3.28 billion, versus loss of NOK 144 million on revenue of NOK 3.43 billion.last_img read more

Why is K used to indicate a strike in baseball?

first_imgMost baseball fans can recognize BB for “base on balls” and HR for “home run”, but why do they use a K to indicate a strikeout?  Here is how the story goes:  Henry Chadwick, an early baseball pioneer, is credited with developing score keeping for a baseball game.  In the 1860’s he was a sports writer in New York City.  He used the capital K for strikeout because he felt that the K was the most prominent letter in the word “strike”.Over the years, it has become common to use the capital K in its normal forward position for a swinging strikeout and a backwards K for a strikeout “looking”.If you go to the Reds games, you can watch them place these K’s on a wall in the left field stands.  Everyone is interested in this because if there are 11 or more K’s out there, every ticket holder is entitled to a free personal pizza from LaRosa’s.  Even in a losing game, people still get excited when they get close to 11 K’s on the wall in the left field stands.last_img read more