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British firms plan massive underwater power link to bring Scottish wind to English markets

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first_imgBritish firms plan massive underwater power link to bring Scottish wind to English markets FacebookTwitterLinkedInEmailPrint分享The Guardian:Three of Britain’s biggest energy companies have agreed to build giant underwater power cables to bring Scotland’s vast reserves of renewable energy to millions of homes in England.The multibillion-pound energy “superhighway”, to be built by Scottish Power, National Grid and SSE, could help to unlock the potential of the prime minister’s plan to build enough offshore wind farms to power every home in the country by 2030.The so-called Eastern Link will run from two separate points in Scotland – Peterhead and Torness – for more than 270 miles along the east coast of Scotland to Selby and Hawthorn Point in the north of England.The 2GW power project will use some of the longest subsea high-voltage power cables in the world to transmit enough clean electricity from Scotland’s wind farms to keep the lights on in around 4.5m homes in England. It will also have the potential to double in size to 4GW as Britain’s North Sea energy boom gains pace in the years ahead. The east coast of Scotland is already home to almost 1GW of offshore wind farms and hosts a pipeline of projects totaling 4.4GW. After the next leasing round for offshore wind licence areas there could be up to 10GW in Scottish waters in the coming years.In total the government hopes to build 40GW of offshore wind power capacity in UK waters within the next decade, as part of plans to meet the UK’s legally-binding 2050 target to build a carbon neutral economy.Alistair Phillips-Davies, the chief executive of SSE, described the project as “one of the most exciting energy developments over recent decades”, and said it was “essential to delivering the UK’s 40GW offshore wind target by 2030”.[Jillian Ambrose]More: Firms agree Scotland to England renewable energy ‘superhighway’last_img read more

Robeco Institutional Asset Management appoints chief executive

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first_imgAt the same time, newly appointed supervisory chairman Bert Bruggink – who once served as chief financial and risk officer at Rabobank, Robeco’s former owner – has also resigned.Both Steyn and Bruggink have taken up new positions at Orix.Steyn succeeded Roderick Munsters – former CIO at the €372bn Dutch civil service pension fund ABP – who left Robeco in September last year and has been appointed chief executive for asset management at the Edmond de Rothschild Group.Van Hassel has more than 30 years’ experience in the financial services industry, mainly in asset and wealth management.Between 2009 and 2013, he served as global chief executive at ING Investment Management, now NN Investment Partners.He also held various executive positions in Europe, Asia and the US at JPMorgan.Jeroen Kremers, chairman of Robeco’s supervisory board, praised Van Hassel’s “deep understanding” of the asset management business and his “truly global outlook”.Robeco Group has €269bn in asset under management, nearly half of which is on behalf of institutional investors. Robeco Institutional Asset Management has appointed Gilbert van Hassel as chief executive and chairman of the management board.From 19 September, he is to succeed Leni Boeren, who will leave the Rotterdam-based company after the handover has been completed and successors have been appointed for her other board positions within Robeco Group.Boeren took over in May, when Japanese owner Orix introduced a new group structure that saw the asset management division become one of five Robeco subsidiaries.As a consequence, three board members, including chief executive David Steyn – appointed in November – left the company.last_img read more

2nd meeting of the Caribbean Disaster Emergency Management Agency (CDEMA) Council

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first_imgLocalNews 2nd meeting of the Caribbean Disaster Emergency Management Agency (CDEMA) Council by: – June 22, 2011 17 Views   no discussions Roseau, Dominica – June 22, 2011 – The Second Meeting of the Council of the Caribbean Disaster Emergency Management Agency (CDEMA) will be convened at the Fort Young Hotel on 23rd June, 2011. There are 18 member countries of CDEMA namely: Anguilla, Antigua & Barbuda, Bahamas, Barbados, Belize, British Virgin Islands, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts & Nevis, St. Lucia, St. Vincent, Suriname, Trinidad & Tobago and Turks & Caicos Islands.  Honourable Charles Savarin, Minister for National Security, Labour and Immigration is the Chairman of the CDEMA Council.             The Agenda items for the Meeting include:Reports on activities of CDEMA Member StatesFinancial ReportsWork Programme and Policy ConsiderationsClimate Change Adaptation and Disaster Risk ReductionForecasts and Preparations for 2011 Hurricane SeasonThe highlight of the meeting is the presentation of the 2011 UN Global Assessment Report (GAR 11) on Disaster Risk Reduction.  The GAR 11 is a major initiative of the UN International Strategy for Disaster Reduction (UNISDR) that contributes to the achievement of the Hyogo Framework for Action (HFA) and the Millennium Development Goals (MDG’s) through monitoring risk patterns and trends as well as the progress in disaster risk reduction while providing strategic policy guidance for countries and the international community.The objective of the GAR is to increase political and economic commitment to risk reduction as well as the effectiveness of risk reduction policy and strategies.  GAR 11 will provide national governments, regional and international organizations, civil society and other stakeholders with strategic policy advice on how to adapt to climate change and to reduce disaster risk.Photo credit: internationaldisasterconference.comPress Release Share Tweetcenter_img Share Share Sharing is caring!last_img read more

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