A few showers to start your Saturday. Clouds will give way to sunshine by the afternoon and the rest of the weekend is in the clear. High temperatures will reach the low 70s.Computer models shows a few showers for Saturday morning. (Courtesy:tropicaltidbits.com)Sunday will feature sunshine mixing with some clouds but still overall a great day. Temperatures will reach the low 70s as winds will shift to our south.BOAT & BEACHWaves will be rather calm through the period only around 2ft with ocean temperatures still running in the low 60s. UV index will be moderate to high Saturday and very high Sunday.A low pressure system will arrive Monday bringing the next round of showers and possible t’storms. Temperatures will be in the low 70s.STILL NO HEAT IN SIGHTLooking ahead to next week shows “cooler” and unsettled weather. No Summer heat in sight as High temperatures will only reach the mid 60s to low 70s.6-10 day temperature outlook show below normal temperatures expected across much of the Eastern U.S.
FacebookTwitterLinkedInEmailPrint分享Bloomberg:A boom in solar power is threatening to wipe out $1.4 billion a year of summertime revenue for fossil-fuel generators in Texas.Almost 15 gigawatts of solar power may crop up in the Lone Star state in the coming years, and every gigawatt stands to shave about $2.76 a megawatt-hour from wholesale electricity prices there when demand peaks in the summer, an analysis by Bloomberg New Energy Finance shows.This could end up dealing a major blow to fossil fuel-burning generators that rely on those peak prices to weather the lulls in demand through the rest of the year. The Texas market is “especially vulnerable to the impact of solar penetration because the region relies so heavily on a handful of high-priced hours each year—and because those hours tend to align with solar production,” BNEF analyst Joshua Danial said in the report.The looming threat to natural gas- and coal-fired plants in Texas mirrors the shifts that renewable energy has brought on in other markets.To be sure, the solar surge in Texas won’t happen overnight. BNEF projects 1.8 gigawatts of new solar capacity by 2020.More: New Solar Capacity A Major Threat To Texas Coal Generators New Solar Capacity a Major Threat To Texas Coal Generators
Pramerica Investment Management – Michael Samaha has been appointed managing director of Pramerica’s Global Institutional Relationship Group. He joins from PIMCO, where he was responsible for the Middle East and Africa. At Pramerica, he will focus on expanding relationships in the Middle East and Europe, as part of the global coverage effort for Pramerica Investment Management.Aegon Netherlands – Rutger Zomer has been appointed CFO, effective 1 October. Zomer has been a member of the management of Aegon’s pensions operations since 2007 and became a member of the company’s financial management team in 2011. He is also director of Aegon’s PPI defined contribution pensions vehicle. Zomer is to succeed Edgar Koning, who will continue at Aegon Netherlands as CIO.AXA Investment Managers – Rob Barrett has been appointed head of institutional sales for the UK. He joins from Invesco Perpetual, where he spent the past three years in their UK and Ireland institutional sales team. He has also served as head of UK institutional business at Swisscanto and head of UK sales at HSBC Global Asset Management.TISA Retirement Policy Council – Jamie Jenkins, head of pensions strategy at Standard Life, has been appointed chair of TISA’s Retirement Policy Council. He will succeed Natanje Holt, managing director at Dunstan Thomas, who has now completed her term of office.Neuberger Berman – Jonathan Geoghegan has joined the UK Financial Institutions and Intermediaries client group. He joins from HSBC Global Asset Management, where he was a senior relationship manager. Before then, he worked at Architas Multi Managers, Invesco Perpetual and Schroders.International Financial Data Services – The provider of outsourced administration and technology solutions to the fund platform, collective investment, retirement and insurance markets has appointed Stephen Mohan as COO of its Platform Solutions business. Mohan joins from Allfunds Bank, Europe’s largest fund platform, where he was head of the UK and Ireland. Patrizia Immobilien – Philipp Schaper has been appointed group head of transactions. Schaper will take up the role next month, reporting to COO Klaus Schmitt. Current group head of transactions, Peter Forster, will focus on the role of group head of asset management. Schaper was previously managing director at IVG Immobilien. He has also worked for Fortress Investment Group and LaSalle Investment Management.Aspect Capital – Hobson Barnes has been appointed director of European sales. He joins from Chenavari Investment Managers, where he was managing director. He has also worked at Credit Suisse and Lehman Brothers.Deloitte – Will Aitken has been appointed leader of Deloitte’s national defined contribution and employee benefits business. He will be responsible for expanding the company’s pensions and reward business in London.Genesta – Karin Koks-Van der Sluijs has been named a non-executive board member in the Nordic Capital Fund Management arm. Koks-Van der Sluijs has worked for MN and Aberdeen Asset Management. National Association of Pension Funds, CERN Pension Fund, Columbia Threadneedle Investments, Nomura Asset Management, Pramerica Investment Management, PIMCO, Aegon Netherlands, AXA Investment Managers, Invesco Perpetual, TISA Retirement Policy Council, Neuberger Berman, HSBC Global Asset Management, International Financial Data Services, Patrizia Immobilien, Aspect Capital, Chenavari Investment Managers, Deloitte, Genesta, MNUK National Association of Pension Funds (NAPF) – Frank Johnson and Richard Butcher have been announced as the chairmen of the NAPF’s defined benefit and defined contribution councils, respectively. Johnson oversaw the investment business streams of RPMI and RPMI Railpen between 2009 and 2015. Butcher is managing director at PTL. Both will assume their responsibilities after the AGM in October for a three-year term.CERN Pension Fund – Matthew Eyton-Jones has been appointed chief executive, nearly a year after Theodore Economou announced his departure from the CHF4bn (€3.6bn) scheme. Eyton-Jones has previously worked in the area of pensions at UK retailer John Lewis Partnership, as well as for consultancy Mercer, prior to joining the nuclear research facility’s pension fund in July. He has also worked for Goldman Sachs and Bank of America.Columbia Threadneedle Investments – Jonathan Dadswell has been appointed head of UK institutional sales. He joins from Nomura Asset Management, where he was business development director. Prior to that, he was head of institutional sales at Kames Capital. He has held similar roles at Credit Suisse Asset Management and Henderson Global Investors in the past.