Exterus Welcomes Dan Swider

first_imgExterus Technology for Business of Shelburne announced that Dan Swider was hired as an Account Executive for Williston, and Orange and Windsor Counties. Mr. Swider has over 5 years of experience in inside/outside sales and fundraising. Prior to joining Exterus, he was in Business Development with Global eProcure in New Jersey. He holds a BA in History from Seton Hall University. Visit www.exterusbusiness.com(link is external) for more information on our products and services.last_img

Australian regulators give big boost to batteries, demand response

first_imgAustralian regulators give big boost to batteries, demand response FacebookTwitterLinkedInEmailPrint分享Renew Economy:Tesla and other proponents of virtual power plants and demand management schemes have scored a significant win after the country’s main energy market rule maker gave its support to the idea that they can compete freely on the wholesale electricity market.The decision announced by the Australian Energy Market Commission on Thursday is likely to encourage new players in the market to aggregate solar and battery storage installed in homes and businesses, as well as load controls, in a major shift to the way demand and supply is managed.It is also likely to encourage proponents of technologies that would manage the charging of electric vehicles, and the use of their combined battery capacity in the grid, and it could encourage peer-to-peer trading.In short, it means that customers with battery storage and electric vehicles can strike contracts with providers other than their main retailers to provide power to the grid when needed. It sets a signal that the Australian grid is finally moving to embrace 21st century technologies.That said, the AEMC – after years of deliberation and after initially rejecting the idea – has only given approval in principle. The idea still awaits a specific rule request that will likely repeat the battle between the proponents of new technologies, and those locked in the past.The decision by the AEMC in its Reliability Frameworks Review shapes up a major victory for the likes to Tesla, sonnen, Simec Zen, Reposit, Redback, Sunverge, and others who have argued for the development of “virtual power plants”. These are essentially rooftop solar and battery storage installations located “behind the meter” in homes and businesses which are connected by software. These “distributed energy resources” can be harnessed to help moderate prices and meet demand peaks.More: Win for Tesla, batteries, EVs and smart tech in Australian gridlast_img read more

Philippines becomes first country to shut financial markets thanks to virus

first_imgThe Philippines halted stock, bond and currency trading until further notice, becoming the first country to shut financial markets in response to the widening coronavirus pandemic.The closures take effect Tuesday, according to statements from the Philippine Stock Exchange and the Bankers Association of the Philippines. The moves follow President Rodrigo Duterte’s decision on Monday to widen a month-long lockdown of the capital region to cover the country’s main Luzon island, home to at least 57 million people. The virus has infected at least 140 people in the Philippines and killed a dozen.Philippine equities have tumbled more than 30 percent this year, among the biggest declines in Asia, as stocks around the world plunged on fears of a global recession. A US-listed exchange-traded fund that tracks the Philippine market fell by a record 19.5 percent on Monday after the bourse announced it was shutting. Topics : “This restricts exit the mechanism so it won’t be taken kindly by investors who don’t like their flow of funds constrained,” said Manny Cruz, strategist at Papa Securities. “What the market would do when trading resumes depends on the state of global markets. We will see a sharp selloff if the global weakness continues and a sharp rebound should there be a recovery worldwide.”Shutting markets during times of crisis is extremely rare but not without precedent. America’s stock market closed for almost a week after the 9/11 terrorist attacks in 2001, while Hong Kong halted trading in the wake of the Black Monday crash in 1987. Greece shut its stock market for about five weeks in 2015.A survey of international investors conducted by the Hong Kong stock exchange in December 1987 found unanimously that the closure had negatively affected the exchange’s international reputation and had eroded confidence in the Hong Kong market, at least in the short term.While some commentators have argued that countries including the US should consider temporary market closures, exchanges and regulators have mostly downplayed or rejected the idea. Bourses in Korea and Indonesia said they have no plans to shut trading, while Australia’s exchange said it and market regulators “have a range of measures, some of which have already been taken, to maintain the market’s orderliness and resilience.”center_img US Securities and Exchange Commission Chairman Jay Clayton said in an interview on CNBC Monday that stock markets should continue to operate. Nasdaq Inc. CEO Adena Friedman told Bloomberg TV that “it’s much better” to keep the markets open, citing companies’ capital-raising needs and saying “pent-up issues” can occur with closures. The New York Stock Exchange sent a note after-hours Monday saying all NYSE Group markets including trading floors would “continue to operate normally tomorrow.”Here is what market participants are saying about the exchange halt:Tomo Kinoshita, global market strategist at Invesco Asset Management.“As fewer people are able to participate in the markets, it does expose the market to more volatility. It’s a tough situation, and of course it’s not desirable. But as a short-term measure it may make sense.”Jingyi Pan, a market strategist at IG Asia Pte in Singapore“Given that sentiment is a strong driver for equities at present, one can look at the Chinese market and the extended Lunar New Year holidays as a comparison. The latest shutdown comes in tandem with the lockdown of the capital region and could aid in containment efforts in the short term.If the situation improves, this could work out positively for the market and reduce the volatility in the short term as it did China even if the market returns to some adjustments initially. The drawback would be if the situation continues to worsen, that could see to further panic selling when the market reopens, though current trends does suggest increased social distancing does help with the coronavirus situation.”Justin Tang, head of Asian research at United First Partners in Singapore“Think of it as a circuit breaker on steroids. There is rampant fear at the moment as evidenced by the unprecedented volatility. The enemy is ourselves in that we are really reacting to a loss of control over the situation given that no one really knows how far this can go – just as it was on 9/11.The suspension will hurt those who rely on trading for an income but will provide time for participants to calm down and evaluate the situation rationally. A weekend is hardly sufficient for that.”Jonathan Ravelas, strategist at BDO Unibank Inc.“I think it is smart move because the market is already in hysteria. Sometime taking a step back allows investors to rethink their position and digest the flood of information out there. This is a health crisis we are facing and it seems the market reaction has been too exaggerated.”last_img read more

Beat writer Q&A: Susan Degnan of the Miami Herald breaks down the Hurricanes

first_img Facebook Twitter Google+ Ahead of the first Syracuse-Miami matchup since 2003, Susan Degnan of the Miami Herald answered five questions from The Daily Orange about Saturday’s matchup. The No. 8 Hurricanes (5-0, 3-0 Atlantic Coast) will host Syracuse (4-3, 2-1), fresh off a massive upset over then-No.2 Clemson, at 3:30 p.m. at Hard Rock Stadium. The game will air on ESPN. The Daily Orange: Even without star running back Mark Walton, Miami has scored efficiently, minimized turnovers and capitalized on red zone opportunities. What or who else offensively has keyed Miami’s hot start?Susan Degnan: The Canes have been fueled by a couple of receivers who were quieter in the past (one of them virtually nonexistent) and have found their groove in 2017. Senior wideout Braxton Berrios leads the team with 326 receiving yards and five touchdowns on 24 receptions. His numbers this season either match or exceed his combined stats from the past two seasons. Berrios became the first Hurricane since Reggie Wayne in 2000 to record a touchdown catch in each of his first four games of the season. He also is sixth nationally and first in the ACC with his 17.1-yards-per-punt-return.But let’s also not forget 6-4, 220-pound redshirt junior Darrell Langham, who had three catches since coming to UM in 2014 – before he became the hero the past two weeks in UM’s last-second victories against Florida State and Georgia Tech. Against FSU, Langham hauled in a 23-yard touchdown with six seconds left. Against the Yellow Jackets, he had a 28-yard catch on fourth-and-10 that set up the winning field goals with four seconds left.As for the quarterback making it happen, first-year starter Malik Rosier, despite at times being inaccurate, has been clutch when it counts most. And he can run.AdvertisementThis is placeholder textThe D.O.: UM defensive coordinator Manny Diaz called Syracuse “the fastest offense in the country.” What are the defensive players saying about it, especially members of UM’s dangerous defensive line, and how are they preparing?S.D.: The Hurricanes defense knows what it’s up against. “Syracuse, they run about 900 plays a game,’’ said defensive end Trent Harris, who has five tackles for loss and leads the team with three-and-a-half sacks. “It’s going to take the whole D-line for this game, the pass rush. We’re just going to have to rely on each other.”Diaz insists there’s no way to simulate Syracuse’s speed in practice, so he made sure the D went live against the best players on offense this week. “They’ve got a good tempo,’’ understated tackle Pat Bethel. “They play hard. We just have to make sure we come out and play harder.’’ And this from safety Jaquan Johnson: “I believe we’re going to keep up with them. We’re working hard, we’re conditioned, we’re doing plays up-tempo, fast, and not taking breaks.’’The D.O.: Given how well Syracuse played against Clemson, how likely is another Syracuse upset? In other words, where is Miami vulnerable?S.D.: Miami’s defense is most vulnerable in the back end, where Diaz said this week that the Hurricanes are five to six DBs shy of what they should have scholarship-wise. UM lost two cornerbacks and two safeties to the NFL this season. This week, current starting cornerback Dee Delaney is out with a knee injury, and current starting safety Sheldrick Redwine sat out last week with an “upper extremity’’ injury. The backups don’t have a ton of playing time, to say the least.Miami’s offense is vulnerable in the depth at running back. With tailback Walton out, there’s one very talented back, Travis Homer, and pretty much total inexperience after that. The D.O.: Who is Miami’s X-factor in this game and is there a player who doesn’t get much of the spotlight whom fans should know about?S.D.: The X-factor could be Homer, a sophomore who was superb in his first career start last week after Walton sustained a season-ending ankle injury at FSU. The sophomore rushed for 170 yards and a 27-yard touchdown on 20 carries and added an acrobatic 17-yard touchdown reception against a strong Georgia Tech defense. He is averaging 8.4 yards a carry this season and is extremely tough and physical for his 5-11, 195-pound frame. Homer also stars on special teams, but had to be removed from two of his four units once he became the starting tailback. Until last week, Homer was pretty much low on the limelight scale. Not anymore.   The D.O.: How do you think the game will turn out?S.D.: If Miami’s defense can get accustomed to the Orange’s offense before it’s too late, then the Canes win comfortably – unlike the past two squeakers. Vegas is talking a 17-point spread. I’m going with Miami.   Comments Published on October 20, 2017 at 12:12 am Contact Matthew: mguti100@syr.edu | @MatthewGut21last_img read more

Too many youths committing crimes – Ramjattan

first_img…says system for Juvenile Justice Bill still a work in progressPublic Security Minister Khemraj Ramjattan is of the view that too many juveniles are beginning delinquent careers at a young age, before continuing to offend as they grow older. And their activities may start from the time that some adults enable them to consume alcohol.A section of the gathering on Monday at the Marriott Hotel, GeorgetownRamjattan was a keynote speaker at a sensitisation workshop for the Juvenile Justice Bill at the Marriott Hotel on Monday. He then related the observation he made when visiting the prison that many of the inmates started out as juvenile offenders.“When we go into the prisons, we see that a lot of the prisoners were people who committed crimes early,” Ramjattan noted. “And they continued into adulthood. So if we start nipping it in the bud, prevention is obviously going to be a cure for adulthood. That’s why we want to start it, too many continue offending into their adult lives.“Because of that, they damage their own lives. They cause destruction, harm, and distress. So, we want to see this Act reflecting that modern philosophy of juvenile justice and strengthening the justice system to ensure they do not go to jail. I don’t want our young people to constitute a jailhouse nation,” he said, noting the need to reduce crime through smart measures.But when it comes to implementing the Juvenile Justice Bill, the Minister revealed that the Government was yet to appoint a director of the Juvenile Justice Committee or acquire facilities for remanded juveniles. In addition, he confirmed that the commencement order has not been issued for the Bill.“We still have not appointed a director of the Juvenile Justice Committee board. We haven’t as yet gotten temporary facilities for the children who have been remanded, where they will go, rather than the state of things now. We would prefer them in better facilities, more accommodating.“As you know, this is an extraordinarily important Act that has come into being earlier this year. I had promised that we would have the commencement order done. It still hasn’t been done. It’s before the chambers of the Attorney General and they’re working on it. We have to put things in place before we can have the completion.”The Juvenile Justice Bill was passed in the National Assembly earlier this year. It would repeal the 1931 Juvenile Offenders Act and the Training Schools Act, abolishing offences like truancy and wandering.The draft bill was conceived in 2004 under the former Administration, with the support and input of the United Nations Children’s Fund (UNICEF). In fact, UNICEF representative Sylvie Fouet was one of several stakeholders present at the workshop.She noted the important role that the media plays in disseminating information and sensitising the public on juvenile justice. In her address to the gathering, Guyana Press Association President Nazima Raghubir also called on the media to be responsible when reporting on matters involving juveniles.RehabilitationIt has been touted that the Bill will provide timely intervention that reinforce the link between the offending behaviour and its consequences; inform and involve parents of juveniles in measures or proceedings, and ensure that victims are provided with information about the proceedings and are given an opportunity to participate and be heard and, wherever possible, contribute to the rehabilitation and reintegration of the juveniles.Moreover, in accordance with the Act, the application of measures taken against juveniles who commit offences will reinforce respect for societal values; ensure fair and proportionate accountability; encourage the repair of harm done to victims and the community; and where appropriate, involve the parents, the extended family, the community and social or other agencies in the juvenile’s rehabilitation, education and reintegration.Depending on the nature of the offence, the Juvenile Justice Bill 2018 provides “Diversions”, which are considered to “often [be] the most appropriate and effective way to address juvenile crime allowing “for effective and timely interventions focused on correcting offending behaviour.Diversion measures, according to the Bill, shall not be exploitative, harmful or hazardous to the physical or mental health of the juvenile, shall be appropriate to the age and maturity of the juvenile, and shall not interfere with the education of the juvenile.Some of the examples of “diversion measures” provided by the Bill include “an oral or written apology to a specified person or institution”, “placement by the court under the supervision and guidance of the Chief Probation Officer” or “referral by the court to counselling or therapy for a specified period”.last_img read more

Bournemouth 3-0 Middlesbrough: Cherries storm past promotion rivals to sit top of the table

first_img1 Bournemouth have moved back to the top of the Championship after a comfortable 3-0 home win against promotion rivals Middlesbrough.Goals from Yann Kermorgant, Harry Arter and Brett Pitman secured the victory for Eddie Howe’s men as they sit top of the table before the three o’clock kick offs.Kermorgant opened the scoring in the 12th minute for the Cherries from the penalty spot. Callum Wilson was pulled back by Boro defender Tomas Kalas, leaving referee Anthony Taylor no choice but to point to the spot.Three minutes into the second half and it was two. Arter unleashed a left footed rocket from 25-yards out, scoring his seventh of the season.Middlesbrough finally found their feet in the second half but had a goal disallowed as Kike was offside.Seven minutes later and another penalty given. A controversial decision from Taylor who took his time in deciding that ‘Boro winger Albert Adomah had tripped Arter, Aitor Karanka’s men were left livid claiming the Bournemouth star had dived.However, the penalty was given and substitute Brett Pitman scored his 14th of the season and his sixth goal in just four games.Patrick Bamford went close for the away side in the closing stages, sending a free-kick just over the bar but the Cherries never looked like losing the game.Their fourth win in five games sends them to the top of the Championship before the three o’clock kick offs where a Watford win against Ipswich Town means the Hornets will leapfrog the south-coast side. Yann Kermorgant scores from the spot last_img read more