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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

Penney not fazed by Clermont task

first_img He added: “There is no doubt Clermont are roaring hot favourites and we are underdogs. You can either thrive under that tag or wilt away. The best teams should be in the Heineken Cup at this stage, and Clermont are certainly in that bracket. But we still have a lot of expectation from the Munster public and supporters.” Clermont have not lost a game in this season’s competition, winning all six pool matches before sending quarter-final opponents Montpellier packing. But Clermont’s Wales international full-back Lee Byrne expects a fearsome challenge from Munster, with the winners facing Saracens or Toulon – they meet at Twickenham on Sunday – in next month’s Dublin final. “I’ve played them (Munster) a lot over the years, and they know how to win Heineken Cup matches,” Byrne said. “We are under no illusions about what they’re going to bring, and they have a great knack of pulling it out of the bag when it really matters. Hopefully, we can stop that.” Byrne has missed just one Heineken game since he joined Clermont from the Ospreys in 2011, and he is the first to salute an outstanding pack for building victory platforms on a regular basis. “Standing back and watching our forwards having a rumble is quite intimidating,” he added. “I just let them carry on and applaud it at the back. It’s the best pack I’ve ever played behind, and it’s a credit to them because they work really hard. I just hope we get our rewards at the end of the season.” Press Association Former European champions Munster will find themselves in an unfamiliar position of being clear underdogs when they tackle Heineken Cup semi-final opponents Clermont Auvergne on Saturday.center_img Munster, Heineken Cup winners in 2006 and 2008, head to Montpellier for a showdown on neutral territory with this season’s tournament favourites. The Irish heavyweights showed their class with a superb quarter-final win at Harlequins earlier this month, but Clermont promise to be another step up. “We are going to go over there and give it a good crack. A game of rugby is such a dynamic one that on any given day an underdog can pull it off,” Munster boss Rob Penney said. “It’s 15 versus 15, we have a great referee in Nigel Owens and we just have to make sure we prepare well and perform.” last_img read more

Sergio Salcido’s evolution as a feeder for No. 1 Syracuse

first_img Facebook Twitter Google+ Sergio Salcido realized in fall ball that defenses wouldn’t sag off him this season. His 2016 breakout — from five points in two seasons to 53 in one — made him a target. Defenses slid harder and earlier and, often, with a double-team.The 5-foot-7 midfielder came from a non-lacrosse hotbed of Winter Park, Florida. He walked on at Syracuse. He tore his ACL freshman year. He has constructed a career by bulldozing expectation and an extra defender wouldn’t change a thing.So, Salcido said he forced shots, trying to fulfill the role he’d flourished in the season prior. Then, Salcido said, team director of operations Roy Simmons III sat him down before the season and told the redshirt senior he was the No. 1 concern for opposing defenses. Salcido needed to adapt his game.“(Defenses) don’t want me to score because they know I’m the motor of the offense,” Salcido said. “You got other guys, Jordan (Evans) and Nick (Mariano) and Nate (Solomon) and (Brendan) Bomberry, all those guys are doing great, but they don’t want me to score. They don’t want me to get things going, so it’s a maturity thing. If you got to be a feeder then you’ve got to be a feeder.”Salcido understood his role had evolved, so he looked up the SU midfielder single-season assist record — which JoJo Marasco set at 42 in 2013, Salcido’s redshirt season — and made it his goal. Despite missing about the first six weeks of practice with right foot and ankle injuries this season, Salcido compensated by adding new workouts, learning to mask dodges and exploiting aggressive slides for 28 assists, two of which won overtime games. His 2.5 dimes per game are on pace to challenge Marasco’s record if No. 1 Syracuse (10-1, 4-0 Atlantic Coast) plays deep enough into the postseason.AdvertisementThis is placeholder text“I don’t know if we’ve ever had a player come as far as Sergio has,” said SU head coach John Desko, who’s been with the program 37 years. “He has a great first step, drawing the defender’s slide early. That’s why you’re seeing his assists up.”Salcido honed that first step this offseason, knowing he needed to cut faster and accelerate and decelerate quicker within dodges. He went to Jon Davis, his trainer in high school whom Salcido still talks to before every game, and Davis instructed Salcido to do squats with 200 pounds on the bar and 100 pounds hanging off it on hooks. Then, when he descended, the hook weight slid off and Salcido exploded upward.This season, head coaches from Army, Johns Hopkins and Duke have cited Salcido’s quickness and change of direction as the reasons why he’s a matchup issue.Once Salcido dodges a defender with that first step, he forces the defense to decide: Leave Salcido open from about 15 yards, where he scored the majority of his 29 goals last season, or slide aggressively and shut off shooting lanes, which in turn opens passing lanes.The trick, attack Jordan Evans said, is that Salcido hasn’t allowed defenses to settle on him as a feeder after dodging by appearing like he’s cutting to score. Because sometimes he is. Salcido has 12 goals on 65 shots (.185 percentage) this season, and presenting a two-pronged problem only ups sliding urgency.“We’ve been saying this for years as analysts that (midfielders) need to improve the passing game,” ESPN lacrosse analyst Mark Dixon said. “If you’re just a one-trick pony and you’re dodging to shoot, you become much easier to defend.”Ally Moreo | Photo EditorAs soon as Salcido sees the slide coming, his inner instinct assumes control. He spends hours per week with assistant coach Kevin Donahue scouting video and reviewing Krossover Film Exchange, which allows players to review every single play they’ve been involved in for an entire game. Salcido scouts himself, then his teammates, then defenses. He also talks to Marasco and ESPN lacrosse analyst Paul Carcaterra about once per week. In each conversation, he hopes to glean a nugget that reveals an edge.As the defense slides and recovers, Salcido has usually seen it before. Syracuse’s other five shooting threats set up in their spots to stress the defense, and from there Salcido calls it “muscle memory.”When he dodges down the left alley, one of his most common moves, he looks to roll back. If the slide comes, he said he knows the next open man. If it doesn’t, he has a step on his defender to get a shot off.“But the way it’s been this year,” Salcido said, “I haven’t been able to come out of a roll and shoot. I keep my head up and the first thing I’m looking for is that slide guy. Either way, I know my backside’s going to be open at a certain point. It all comes down to being a threat.”On March 18 at then-No. 14 Johns Hopkins, the ball swung to Salcido in overtime. The SU midfielder noticed JHU’s sophomore longstick Robert Kuhn rotate onto him, and Salcido took advantage. He dodged left, gained a step on Kuhn and started his roll back. A glimpse out of the corner of his eye confirmed what Salcido already knew, so he dished to an open Bomberry in front of the net. Bomberry pocketed the game-winner.That crease feed symbolizes Salcido’s progression as a passer. The most important facet of the role, Salcido said, has been knowing the pass to make and the not to make. Salcido analyzes during a dodge which teammates he sees as well as where they are. Feeds to the crease, where it gets handsy and physical, make Salcido particularly wary. Except to Bomberry, “because that’s his job.”After his game-winning feed to Bomberry, Johns Hopkins head coach Dave Pietramala stared at the postgame statistic sheet searching for answers that wouldn’t come. He rubbed his chin.“The last one,” he said, “Salcido goes down the left-handed alley, like he always does. He rolls back, and we knew it was coming. We went to it, because we didn’t want to let him have his hands free and shoot. Then he passed.” Comments Published on April 18, 2017 at 11:56 pm Contact Sam: [email protected] | @Sam4TRlast_img read more