...The wind farm shall be initially recognised and measured at its cost. Cost will comprise: * The purchase price of the farm including any non refundable taxes. * Any costs directly attributable in bringing the farm to the condition necessary for it to be capable of operating in the manner intended by management such as site preparation * Legal fees * Title fees * Survey costs * Borrowing costs that may be capitalised in terms of IAS 23 based on the fact that funding for the farm has been obtained by Wind for Water from the International Green Power Company. Government grants as defined by IAS 20 are assistance by the government in the form of transfers of resources to an entity in return for past or future compliance with certain conditions relating to the operating activities of the entity. The proposal of phase II intends to make use of a grant scheme launched recently by the Department of Trade and Industry in South Africa of which up to 15% of the proposed cost of the land for phase II of the project could be subsidized by the South African Government. Thus, government grants will relate to the wind farm asset. Government grants shall not be recognised until there is reasonable assurance that: 1) The entity will comply with the conditions attaching to them; and 2) The grants will be received The conditions of the grant scheme are: 1) This scheme includes a commitment by Wind for Water to make use of the land only for the specified purpose of...
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...starting to realize the consequences of producing energy through the usage of fossil fuels such as pollution and global warming. In light of the situation, it is observed that there is a need to help shape a better world, a greener future so that our ancestors will not be living in a world that is full of pollution. In this report we proudly present our offshore wind farm – Windsea Array. We will first introduce the overview of the entire renewable energy industry, such that people all over the world are gaining stronger attention to the importance of developing renewable energy, due to the fact that our fossil fuels will be running out soon. Then we will narrow down our view specifically to the UK where our wind farm will be built, highlighting the fact that the UK has been the largest offshore wind farm producer since 2008. Next we will give an introduction to the location of our wind farm West of Isle of Wight, addressing factors which influence our decision including the wind speed, distance from shore and cost. Then the construction phases will be highlighted to keep our investors informed when and how the wind farm is...
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...WIND POWER, THE REAL ANSWER TO OUR ENGERY PROBLEM? I believe that while the benefits are great the power companies and big businesses who produce fossil fuel energy will not allow us to replace it with wind or other total green forms of energy. It is said that electricity made from wind power can help to save our planet from the environmental effects of energy made by fossil fuels. It does work effectively and can reduce carbon dioxide (CO2) emissions to and using just one wind turbine can prevent around 5,000 tons of CO2 being put into the atmosphere a year. Wind energy produces little to air pollution or greenhouse gases, and is a very efficient form of energy but it does have its downfalls. “It is ironic that we think of wind, solar, geothermal, and other energy sources as "alternative" energy resources. If we look at energy from an historical perspective, wind and solar energy uses date back thousands of years, while coal and refined petroleum are more recent”(Deal, W. F. (2010, September). Wind mills were early wind turbines are believed to have started in the Middle East and were used for grinding corn or grain. In the United States Wind mills were used in the 1800’s in the Midwest to pump water for farms to water animals and irrigate crops. In the mid 1900’s windmills were used to generate small amounts of electricity to power batteries. As power lines were put in most of the windmills were destroyed. Wind power farms start popping up in the 1980’s and were predominate...
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...Introduction Around 77 percent of the electricity used by South Africa comes from coal produced electricity (Statistics South Africa, 2009). South Africa ranks in the top twenty countries in the world in carbon dioxide emissions. As a result, South Africa has set out to lower its greenhouse emissions and push for renewable energy. There are many paths to take in reaching this goal, but I believe South Africa should adopt a similar program as Germany’s Community Wind Power program in order to meet some of its renewable energy goals and needs and solve some of its infrastructure and economic issues. Background of South African Energy Eskom is South Africa’s national power utility, which generates about 95 percent of the electricity in South Africa (U.S. Commercial Service, 2012). Of the total electricity generated in South Africa, 88 percent comes from coal fired power, 6.5 percent comes from a nuclear station, and 2.3 percent comes from hydroelectric and pumped storage schemes (U.S. Commercial Service, 2012). Also, South Africa is crucial to the rest of Africa’s infrastructure, supplying two thirds of Africa’s electricity. In addition to being so crucial to Africa’s infrastructure, South Africa is one of the cheapest electricity producers in the world. The 2009 world economic crisis reduced South Africa’s power supply constraints, but this reduction didn’t last long. In 2010, the electricity demand in the country began to rise again with no sign of slowing down or declining...
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...The MacDonald Farm The Conservation Foundation established in 1972 as a non-for- profit organization that focuses its efforts to protect its land and watershed. The Conservation Foundation sits on the 60-acre McDonald Farm and working land located in Naperville, Illinois and its primary mission is to preserve open spaces and natural land, and protect rivers, streams and watersheds. The Conservation Foundation received the MacDonald Farm as a donation from the MacDonald family 1992 and it moved its headquarters to the site in 1998. The MacDonald family purchased the property in 1949. The family rehabilitated the barn and some other buildings including the new construction of the latest house that had previously burned twice. Mrs. MacDonald continued living in the farm after the passing of her husband in 1966. In the 1970s, farms were disappearing rapidly due to the fast development in the area. Soon most farms were replaces by subdivisions and in less than 10 years all those farmland became neighborhoods. Mrs. MacDonald resisted and sent away many developers who offered big amounts of money for the farm. She always insisted that no one was going to build any houses on her property. Mrs. MacDonald donated the farm to the Conservation Foundation on the promise that this property was to be kept for conservation, education and agriculture purposes. Include aspects on water conservation, native landscaping, solar and wind power, co-op farming. The McDonald farm under the Conservation...
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...carbon dioxide which is a destructive greenhouse gas, it has historically dragged its feet when it comes to alternative energy. Wind energy is arguably the most important alternative energy source currently available. It is relativity inexpensive, abundant, and climate-benign, and most importantly, inexhaustible. By 2020, wind energy is expected to provide for half of Europe’s energy needs. The world’s wind-generating capacity is currently growing by 29 percent a year. Figueroa 2 According to a study conducted by the Department of Energy, the states of North Dakota, Kansas, and Texas alone receive enough wind to provide electricity for the entire nation. By the same token, offshore wind farms could provide enough energy to power the entire nation. Wind energy systems require very little maintenance, and could potentially produce electricity for as little as $0.02 per kilowatt-hour. The average US household consumes about 10,000 KWh of electricity each year. Fact, a 250-kw turbine installed at the elementary school in Spiril Lace, Iowa, provides an average of 350,000 KWh of electricity per year, more than is necessary for the 53,000-square-foot school. We have the potential to generate enough energy to meet our needs in such a way that is beneficial to both humanity and the environment. So why are we not developing wind power concept sooner rather than later? Figueroa 3 Authors: Morley, David C., and Rich, Alex K....
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...assignment as a senior analyst at Tesla Motors is to evaluate the changing relationship between our environment and the energy we use ever since the company was established. Since the largest automobile company in the world was founded on the principle of decreasing the environmental impact of the automobile, I find that such an assignment must be taken seriously and with careful consideration. While searching for some ideas, I stumbled upon in my bookshelf a book entitled Taking Sides, written by Thomas Easton. This book, which was the 2009 edition, was right around the time Tesla began its prominent ascent. It touches on three key points which I feel to be most prudent even to this day – global warming, new electricity sources such as wind, and automobile standards. It is amazing that just 20 years ago there was still a virulent debate on the existence of global warming. Even after all the scientists agreed on the detrimental effects of fossil fuel consumption, some politicians and many others in the United States were still arguing otherwise. In Issue 8, Seth Schulman argued that this was due to the oil industry’s brilliant “disinformation campaign.” Modeled after the tobacco industry’s strategy to fool the public on the harmful effects of smoking, ExxonMobil employed tactics such as creating uncertainty, laundering information, hiring fake scientists to back their efforts, shifting the focus of the debate, and lobbying government officials to stir up doubts on global warming...
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...alternative production methods; specifically, using wind and wave-powered turbines. WWA operates one of the first commercial wave-power farms installed in the United States off the coast of Oregon near the mouth of Umpqua River. The wave-powered farm provides power to the city of Reedsport using turbines similar to those developed by leading alternative-energy companies. WWA also operates two wind turbine farms in Sherman and Gilliam Counties that provide power to residential homes and corporate offices in Seattle and neighboring populous cities to the north. WWA sells the electricity it generates to local utilities. Two wholly owned WWA subsidiaries operate out of Oahu, HI: Kahuku Wind Inc. operates an onshore wind farm near Kahuku and North Shore Wave Electric Inc. (“NS Wave”) operates a wave-power farm near the northern tip of Oahu. NS Wave also uses generators similar to OPT’s piston-driving buoy. Kahuku Wind and NS Wave sell the electricity they generate to local utility companies. Relevant quantitative information and key financial metrics are included below: Selected Data General Information Number of turbines Power generating capacity (MW) Homes served Average rate Average per capita consumption (kwh) Initial cost of turbines Year end Financial information Total assets (most recent balance sheet date) Revenue (most recent fiscal year) WWA Wind 37 93.49 14,607 0.0813 Wave 2 0.30 50 0.0813 12,077 13,400,000 12/31 Kahuku Wind 12 30.00 7,700 0.2413 7,363 140,000,000 10/31...
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...• Report 1&2 Mission Location and Description………………………. Pg. 2 Climate Characteristics……………………………………pg. 2 Impact on Social Structure/Economy…………………….pg. 4 Population Size……………………………………………..pg. 4 • Report 3&4 Mission Location and Description………………………..pg. 6 Impact on Social Structure/Economy………………………pg. 6 Energy Use and Generation…………………………………..pg. 7 Design of Colony……………………………………………..pg. 8 Transportation………………………………………………….pg. 9 Life Support Systems……………………………………………pg. 9 • References…………………………………………………………………pg.11 Project Statement Mission Location and Description The current operation is to advance to Mars and colonize. In order to so we must terraform the planet. Currently the planet is a husk of nothingness. On the bright side, ice caps have been discovered a few inches beneath the surface, so water will be available naturally in due time. The soil will take time to cultivate for farming as it is somewhat contaminated. “Water and sulfur and chlorine containing substances, among other ingredients, showed up in samples Curiosity’s arm delivered to an analytical laboratory inside the rover”. (NASA) The distance from the sun to Mars is 141.6 million miles. The location of Tyrrhena Terra, where we are developing, is at 18º south and 99º East. Climate Characteristics The terraforming process will begin with the use of genetically modified organisms. We are able to alter organisms so that they possess certain traits needed in accelerated terraforming...
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...host countries business policy, and the challenges, opportunities and risks that can arise in the social and environmental context. But firstly who is Trustpower and what factors contributed to its success in today’s global business arena? Trust power is a New Zealand based company, specialising in electricity generation and electricity retailing. Based in Mount Maunganui, Trustpower utilises renewable energy sources, including hydroelectric and wind farms, and operates a portfolio of 37 hydro generation stations. These assets supply electricity to around 242,000 consumers and serves to provide 43,000 telecommunication services to over 27,000 consumers. Trustpowers two primary shareholders are Infratil (50.5%) and the Tauranga Energy Consumer Trust (33.0%.). Investment from these major corporations has permitted the company to expand its operations into the Australian market in 2008, which was followed by the construction of three wind projects in South Australia, Victoria and New South Wales, including the Snowtown Wind Farm which generates enough energy to power over 230,000 homes. Trustpower has a long established commitment to corporate social responsibility (CSR) initiatives, in which balances financial performance with contributions to the quality of life of their employees, the local community and society at large. The Lend a Hand Foundation is an initiative where Trustpower contributes funds and resources annually, as to provide support for local community...
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...2014 for the year ended 30 June 2014 02 ny C omp a e r v iew ov 04 from Re p o r t ir an d o u r C h a ut ive E xe c C hie f The nu 50 mbers 6.7 % 13.01 Total dividend in FY2014 EBITDAF 1 ahead of prospectus CENTS PER SHARE $ 24 . 3% higher than forecast in the prospectus, including a 2 .00cps special dividend. Invested in communities and environmental projects 3.5M 2 New wind farms generating electricity Delivering on our commitment to shareholders In our first full-year results after partially listing on the New Zealand and Australian stock exchanges in October 2013, we have achieved solid results for shareholders. EBITDAF 1 , a key indicator of profitability, has exceeded the prospectus forecast by $36.9 million (6.7%). We have also delivered a higher-thanforecast full-year cash dividend for our shareholders, resulting in a 21.8% total shareholder return 2 to 30 June 2014 . 2014 highlights FRONT COVER Jeremy Takao, Russell School, Porirua, helping to celebrate first power at Meridian’s new Mill Creek wind farm near Wellington in May 2014. Meridian Energy Limited Annual Report for the year ended 30 June 2014 IN THIS REPORT 2 4 8 10 12 18 22 26 Company overview Report from our Chair and Chief Executive Our Board Our executive team Customers Generation Environment Community 30 People 34 Summary of Group performance 40 Directors’ statement 35.3 % Average NZ generation market share Sustainable outcomes for the...
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...covered with three layers of glass to absorb heat energy in 1767. We have come a long way since then in the various applications that we use the Sun’s energy for in today’s world. In 2012 the people of India built one of the world’s largest applications of using the Sun’s energy and transforming it into electrical energy. The Gujarat Solar Park is a collection of solar farms scattered around the Gujarat region, boasting a combined installed capacity of 605 megawatts of power that is completely harnessed from the Sun’s rays. Advancements in solar technology are being made every day. Researchers from the University of Illinois at Urbana-Champaign and the University of Central Florida in Orlando may be one step closer to tapping into the full potential of solar cells. The team found a way to create large sheets of nanotextured, silicon micro-cell arrays that hold the promise of making solar cells lightweight, more efficient, bendable and easy to mass produce. Which is just one example of how bright the future of solar technology really is. Another energy technology that has been used for centuries is the Wind. Wind energy has been used to sail boats along the Nile River as early as 5000 B.C. and in...
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...REAP THE WIND” |MODULE M 5 CREATING HIGH PERFORMANCE PROJECT AND PROCESS TEAMS | |OB in Action Case Study 1. Executive Summary General Electric Co is setting out to apply considerable financial and technological innovation to the field of wind energy. James Lyons in charge of sourcing talent from around the world has the task of forming a team that is culturally diverse and innovative enough to design and research new techniques for developing alternative methods of harnessing wind energy. In question within this case study is the application of teamwork competencies to maximise efficiency and effectiveness in achieving specific outcomes for developing solutions. Different methods of effective group performance are discussed and elaborated upon as well as the interaction of the leader in establishing guiding principles in getting results. Contrasted within this report are the views and opinions of 3 different authors in defining group and teams within organizational behaviour, describing the various groups found in organizations, stages of group development, characteristics of effective work groups and teams. Factors that may be attributed to possible failure and the various contingency factors that have a direct relationship to a leader’s behaviour in particular to achieving specific outcomes are also discussed. OB in Action Case Study GE’s Global Virtual Team Wants to Reap the Wind. ...
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...review by the membership committee. 5. Membership applications will be screened and approved by the membership committee. 6. Members should attend general meetings and other organized meetings. BANDING POLICIES 1. BBA shall start banding cockerels for Bakbakan w/ minimum of 4 original primary feathers intact counted from the wing tips inward every April 1 of each year or upon designated date given by the NFGB. 2. Banding fee of P500 per farm will be collected per farm, these will be used to pay for the banding expenses. 3. Only one farm location and one date of banding shall be allowed for each member. 4. Members shall be advised a day before their banding schedule, to give them ample time to coop their cockerels, for expediency, in order to band all member’s farm. 5. Farms that are not ready with their cockerels upon arrival of the banding team, shall bring their cockerels to the designated banding area at the end of the banding season, to be set by the BBA. This shall include those farms that were not banded due to time constraints. 6. Banding fee must be paid right after banding of the cockerels. No payment / No banding sheet copy shall be given. 7. BBA has the right to cancel banding records if the member fails to pay banding fees by April 30. 8. All banding regulations instituted by the NFGB will be enforced. UNDERTAKING: ------------------------------------------------- I HEREBY APPLY FOR MEMBERSHIP WITH THE BBA, I SHALL...
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...Winds of Change Sonya Marquis BUS440-801 Introduction Wind energy is a renewable resource, which means that future supply will not be affected by current use. The rising concerns about global warming, pollution, and depletion of natural resources makes wind a viable and logical source of energy for the near and distant future. There are many advantages to wind energy; it is a sustainable energy source that is non-polluting. With a 30 percent annual increase, wind is the world’s fastest-growing bulk power electricity source. Montana has a bright future in wind energy. The American Wind Energy Association ranked Montana’s wind-energy potential in the top five in the nation. Currently, the state has several utility-scale wind farms in operation. History of Wind Energy Wind energy has been used by civilizations throughout time. As early as 5000 B.C., wind energy propelled boats up and down rivers. Simple windmills pumped water in China in 200 B.C. Wind energy technology and its applications continued to grow and diversify throughout the ages. By the late 19th century, settlers of the New World were using windmills to pump water, and eventually, to generate electricity. Small windmills were used until the late 1920s to bring electricity to rural Americans. Farm and ranch communities in Montana used wind generators that produced direct current (DC) electricity that was often stored in batteries. However, these systems were short-lived due to the Rural Electrification...
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