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...Mattia Binotto, team principal of Scuderia Ferrari, which has a firm grip on third place in the constructor’s championship, credits Netflix with attracting new fans....
...This includes a production tax credit for wind, solar and geothermal projects of $25/MWh spanning the next 10 years, before being phased out....
...They hit minus A$12/MWh in the first three months, it says....
...A fixed price of £110 per megawatt hour (MWh) in today’s money. Meanwhile, the cost of offshore wind has plummeted. The latest projects require a strike price of under £40/MWh....
...The power market’s independent monitor said regulators and the grid operator erred in leaving prices fixed at the $9,000-a-MWh cap even after enforced blackouts ended, and said reducing some of those charges...
...A typical average price is just $25 a MWh....
...Having sold a portion of energy production in advance, the outages meant “the company had to purchase these volumes to fulfil its supply obligations” at prices of up to $9,000 a MWh....
...A version of this article was first published by Nikkei Asia on December 16, 2020. ©2020 Nikkei Inc. All rights reserved....
...While most racing teams never reach such a figure, the constructors that do — Mercedes, Red Bull and Ferrari — dominate the sport....
...By comparison the most recent auction for offshore wind projects saw guaranteed prices as low as £57.50 per MwH — less than half the level wind cost in 2015....
...building energy intensity per square metre improved by 1.3 per cent last year but total floor area grew by 3 per cent Global average building energy use per person since 1990 has remained constant at 5 MWh...
...Moody’s, the rating agency, said in a report last week that in the Great Plains states east of the Rocky Mountains, wind power costs about $20 per MWh, compared with about $30 per MWh for just the running...
...Brakes on success Mr Ecclestone’s breakthrough came in 1978, when as chief executive of the Formula One Constructors’ Association he gained the rights to negotiate deals with TV companies on behalf of F1...
...MWh....
...These can be sold for about £42 per MWH on top of a power price of £53 per MWH. So the subsidy is £10 lighter and much less certain....
...The same energy presently sells on the spot market for about R$822 per MWh, while two and three-year power contracts sell at more than R$250....
...Spark Racing Technology, constructors of the 42 cars being produced for the first season, will unveil the vehicle at the Frankfurt Motor Show....
...50 per cent stake in the venture, with a 10 per cent stake going to Areva and Chinese power companies taking another 30 per cent to 40 per cent (WSJ).’Under the agreement a “strike price” of £92.50 per MwH...
...SBM Offshore rose 8.3 per cent to €15.40 after the constructor of offshore oil platforms raised its annual sales forecast....
...That is less than the $100 per MWh for power from a new coal plant calculated by the US Energy Information Administration, and even less than the $65.60 per MWh cost for an advanced gas plant....
...Then on Sunday, Sergei Ivanov, President Vladimir Putin’s chief of staff, was forced to rebut allegations of corruption in the state venture Glonass, a Russian GPS system, which cost the system’s general constructor...
...The contracted fuel will allow the Baraka plant to generate up to 450m MWh for a period of 15 years, starting from 2017....
...“The Middle East and Africa are a natural hinterland for Turkish constructors,” Aykar says. “We have a history of very good contacts....
...Brazilian construction giant and leader of the consortium Odebrecht owns 18.6 per cent, and fellow constructor Andrade Gutierrez 12.4 per cent....
...Donington’s main backer is Paul White, a Monaco-based constructor....
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