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AEP’s Akins: Distributed resources offer less risk, same returns

first_imgAEP’s Akins: Distributed resources offer less risk, same returns FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Building large-scale generation like the Vogtle nuclear plant expansion represents a “significant challenge” in today’s market, American Electric Power Co. Inc.’s CEO said Aug. 16, adding that those ventures do not align with his company’s investment thesis.During a CNBC interview, Chairman, President and CEO Nick Akins said that in the wake of AEP canceling its ambitious Wind Catcher wind farm, the Ohio-headquartered company will now focus on developing smaller renewables projects. Akins additionally reaffirmed AEP’s 5% to 7% long-term growth rate through 2021.“Mad Money” host Jim Cramer asked the CEO whether a nuclear plant will ever end up being built in the United States, framing the question in light of Southern Co.’s recent announcement that subsidiary Georgia Power Co. would increase by $1.1 billion its share of Vogtle’s project costs. The new reactors are years behind schedule and billions of dollars over budget, and industry analysts are increasingly worried about Vogtle’s future viability.“I think you have to really think about it in today’s environment, where technology is going, certainly where natural gas prices are. It’s a significant challenge to build a large central-station generation facility and take on that amount of risk,” Akins told Cramer. “Obviously hats off to Southern for moving that process forward relative to nuclear, but at the same time when we look at it from an investment thesis … the magnitude of the small projects add up to much less risk for investors.“So when we look at the future in terms of investment, with distributed energy resources, where technology’s going, certainly from a transmission standpoint, those are investments that we can make that minimize risk not only to our customers, but to our shareholders as well,” Akins added.More ($): Large-scale generation like Vogtle is ‘significant challenge,’ AEP chief sayslast_img read more

St. Nicholas 7th Grade Volleyball Team Wins The St. Louis Cardinal Classic Tourney

first_imgSt. Nicholas 7th grade volleyball team participated in the St. Louis tourney on Saturday, Septemebr 13.Teams in the tourney: St. Louis, St. Nicholas, St. Michaels, and Greensburg. Teams played pool play in the morning to accumulate “points”. The 2 teams with the most points advanced to the championship match to play a regular match of the best 2 out of 3 sets.It was St. Nicholas vs. Greensburg. St. Nick won in 2 sets with scores of 25-3 and 25-18.St. Nicholas 7th grade record now stands at 9-0.Courtesy of STN Coach Debbie Gregg.last_img read more

Syracuse football running backs coach Mike Hart leaving for Indiana

first_img Published on March 2, 2017 at 11:42 am Contact Tomer: [email protected] | @tomer_langer Facebook Twitter Google+ UPDATED: March 3, 2017 at 11:41 a.m.Running backs coach Mike Hart is leaving his position at Syracuse to take the same job at Indiana, Syracuse Athletics confirmed.Hart joined the staff last January after spending three years with Eastern Michigan and two years at Western Michigan. He’s a local who played high school football, and set records, at Onondaga Central High School. He then went on to be an All-Big 10 player at Michigan and played three years with the Indianapolis Colts.The Orange running game struggled in Hart’s lone year. SU was second-to-last in the Atlantic Coast Conference in rushing yards per game (119.6) and last in rushing yards per carry (3.2). The top two rushers in the ACC — FSU’s Dalvin Cook (1,765) and Louisville quarterback Lamar Jackson (1,571) — had more rushing yards than Syracuse had as a team all season (1,435).“I enjoyed working with Coach Hart and appreciate what he did for our program in his short time at Syracuse,” head coach Dino Babers said in a statement. “I wish him the best in his new position at Indiana.”AdvertisementThis is placeholder textSyracuse’s spring practices start on March 21, with the Spring Showcase game slated for April 22. Commentslast_img read more

NFL news and notes: 49ers’ Nick Bosa to miss the preseason; Browns trade running back to Texans

first_img“We don’t feel he is injury prone,” Lynch told KNBR. “Yesterday, he had a big human being fall on his legs while he was engaged with someone else. So, some of those things, that’s football, you can’t prevent that.”Browns trade running back Duke Johnson to TexansThe Browns are still making changes to their offense. They sent disgruntled running back Duke Johnson to the Texans in exchange for a draft pick. The trade comes just slightly more than two weeks after Browns coach Freddie Kitchens stated, “We’re not giving away good players” right before the team’s training camp started.There’s been speculation around Johnson’s future for the majority of the offseason. Quarterback Baker Mayfield was asked about Johnson’s status in June, and said: “He’s going to handle his stuff how he wants, but you’re either on this train or you’re not, it’s moving. You can get out of the way or you can join us.’’Now, Johnson is headed to a franchise that is still figuring out its backfield situation after waiving former first-round pick D’Onta Foreman earlier this week. Houston is trying to figure out who will complement Lamar Miller best.Chiefs reveal QB plan for preseason openerChiefs coach Andy Reid revealed his plan for utilizing his quarterbacks for Saturday’s preseason game against the Bengals. He intends to start quarterback Patrick Mahomes and keep him in for the first quarter. Reid has been known to play his starting quarterbacks during the preseason in the past, but the move is a bit unusual because coaches generally prefer to sit their quarterbacks to avoid risking injury. Backup Chad Henne is expected to play during the second quarter, while Chase Litton will take over in the third and rookie Kyle Shurmur will play in the fourth, per CBS Sports.#ChiefsCamp was taken up a notch today 😤 pic.twitter.com/hmVKN7HFpz— Kansas City Chiefs (@Chiefs) August 8, 2019Two things that don’t matterKirk Cousins troubled by rookie center’s … sweaty butt?Mark this one as one of the most unusual stories to come out of training camp: Vikings quarterback Kirk Cousins is bothered by first-round draft pick Garrett Bradbury’s sweaty butt. Cousins said he’s concered Bradbury’s sweat will affect his grip on the ball.”He promises that it’s not a problem in games, and it remains to be seen because his shorts today were soaked,” Cousins said (via the Star Tribune). “But apparently when they keep those domes air-conditioned and you get a break on the bench and you sit with the cooling fans, I’m hoping that really helps.”The first big test will come when the Vikings open their preseason against the Saints.”(A) big thing I’m going to take away from Friday night, is how tough was it to grip the ball after he snaps it to me. Uh, if it’s tough we might be in pistol and shotgun (formations) all year,” Cousins said. Cowboys’ Robert Quinn facing two-game suspensionCowboys defensive end Robert Quinn is facing a two-game suspension for violating the league’s policy on performance-enhancing substances. He’s eligible to return on Sept. 16 after the Cowboys play the Redskins in Week 2.  Preseason is officially here with 11 games kicking off Thursday, and another five taking place across Friday and Saturday. With that comes a variety of storylines we’re keeping track of as the regular season quickly approaches. From injury updates to the latest trade news, we take a look at what’s happening around the league in this edition of NFL news and notes.  Three things that matter49ers rookie Nick Bosa will sit preseason with ankle injury49ers’ Nick Bosa left Wednesday’s practice early with an injury, and general manager John Lynch confirmed Thursday that the defensive end has a “significant” ankle sprain and will be forced to miss the preseason. There is still hope he will be ready for the regular-season opener against the Buccaneers on Sept. 8, but the 49ers are going to be “very prudent” about his return. While an ankle sprain may not seem like a huge deal, Bosa has had a long history of injuries. He was sidelined most of last season with a core muscle injury while playing for Ohio State, and missed much of the 49ers’ offseason program due to a hamstring issue.  Related News Chiefs’ Patrick Mahomes breaking preseason tradition, will play first quarter of opener Cowboys’ Robert Quinn suspended 2 games, agent calls NFL’s decision ‘tone deaf’ Browns trade disgruntled running back Duke Johnson to Texans Normally this would be a significant loss for the Cowboys, who are struggling with depth at the position, but Quinn broke his hand in practice earlier this week. His availability for the first couple of games of the regular season were already in question. One video you have to seeSaquon Barkley is working on his throwing game — well kind of. The Giants running back attempted to throw a “no look” pass, similar to one Chiefs quarterback Patrick Mahomes has thrown, but it didn’t go exactly as planned.”No-look. Mahomes.” @saquon’s impression did not go according to plan 😆 pic.twitter.com/rhTa1n5ZSa— Sports Illustrated (@SInow) August 8, 2019Thursday tweet of the daySteelers receiver JuJu Smith-Schuster is putting in some work this offseason. He caught 370 balls from a football passing machine after practice.#Steelers WR @TeamJuJu Smith-Schuster caught 370 balls on the JUGs machine after practice yesterday.That’s a lot.pic.twitter.com/45ERag9W0q— Dov Kleiman (@NFL_DovKleiman) August 8, 2019last_img read more