3,950 research outputs found
R. Andrew Clark in a Junior Recial
This is the program for the junior organist recital of R. Andrew Clark, held on March 18, 1994, in the Recital Hall of Mabee Fine Arts Center
Paper Session III-C - Innovative Financing of a Large Space Project
This paper addresses the changes to the Space Frontier Operations, Inc. (SFO) Space Exploration Plan, (SEP) that was initially presented at the 37th. Space Congress in 1999.
Progress since last year will be presented briefly and the progress made in finding the correct financing vehicles will be presented in detail.
The SFO Space Exploration Project starts off as an international project that will present unique and difficult challenges to both the space and financial communities. The effects of these challenges will be discussed along with their impact to the process of raising capital for a project of this nature.
The rationale behind establishing a separate but complimentary corporation will be discussed. The relationship between the commercial corporation and SFO will be delineated. It will be shown that complimentary roles are not only possible but also highly desirable.
The way in which the SEP fits into the standard protocols used by the finance industry will be discussed. As the project proceeds to completion the issue of traditional financing with an Initial Public Offering will be addressed along with the possibility of bringing in one or more partners – either commercial or governmental.
Finally, the work of the supporting commercial corporation will be presented and the current status of the two corporations will be discussed
Opportunities for Stationary Fuel Cell Applications in Ohio: Public Finance and Other Strategies
Ohio has not, heretofore, been a major player in the deployment of stationary fuel cell applications, notwithstanding its status as a leader in developing fuel cell technology. One reason for this is that in the years since fuel cells became commercially available, fuel cell power generation had struggled to be cost effective in Ohio due to a combination low electricity prices and high natural gas prices, the latter being the most common fuel for stationary fuel cell applications.
By 2015, this had changed. The Mid-Atlantic region was enjoying the lowest natural gas prices in North America as a result of regional shale development. Meanwhile, wholesale electricity prices in the PJM Interconnect regional transmission organization (Mid-Atlantic region) are among the highest in the nation. This has created therein a historically high “spark spread” -- the term used to describe the price differential between wholesale natural gas and electricity. What’s more, fuel cell generation qualifies for net metering, and may be valued at retail costs. Finally, additional new value for the avoided costs of carbon and other emissions may be derived from new ultra-efficient fuel cell technologies.
As for other nascent technologies, early adoption will likely require public-private financing partnerships. There are available federal, state and local financing strategies to enable the deployment of fuel cells in Ohio. Loan programs such as the Energy Loan Fund and Qualified Energy Conservation Bonds can be used to support fuel cell demonstration with low interest loans. Property Assessed Clean Energy (PACE) bonds may also soon be available to support fuel cell deployment, depending upon pending Ohio legislation. In addition, the Public Utility Commission of Ohio has within its authority to support power purchase agreements or special arrangements for buyers to support generation that is in the interest of Ohio ratepayers (such as when it promotes economic development).
The best places to acquire natural gas for power generation on long-term, fixed prices will be at gathering points along the natural gas pipeline and processing system. Such points offer natural gas producers the most flexibility to supply natural gas long term. Most of the gathering and processing points are currently located in southeastern Ohio, however new interstate pipelines are being built across northern Ohio. This new infrastructure may provide opportunities to locate stationary fuel cells in the generation, transmission and capacity-constrained northern Ohio market.
Low gas prices may also provide opportunities for stationary fuel cell applications using low temperature fuel cells. Such fuel cells run directly on hydrogen, and heretofore, the costs of manufacturing, transporting and storing hydrogen has made the economics for such generation difficult. Low hydrogen feedstock costs, together with the ability low temperature fuel cells have to supply the lucrative peak loading market, may make such applications cost effective in the near term
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American Choral Music in Late 19th Century New Haven: The Gounod and New Haven Oratorio Societies
This study examines two of the smaller American choral societies that together existed for just over 30 years, 1888 to 1919: The Gounod and New Haven Oratorio Societies of New Haven, Connecticut. These societies are important because, especially in the case of the New Haven Society, they were closely related to Yale University and the work of Horatio Parker. One must assume from the onset that the two choral groups examined in the following pages did not have the prominence of the many larger New England choral societies. However a more detailed knowledge about the struggles, successes, influence and leadership of two smaller societies illuminates a field of research in the history of American choral music that has been largely ignored
Size and Exhumation Rate of Ultrahigh-Pressure Terranes Linked to Orogenic Stage
A growing set of data indicates a stark contrast between the evolution of two types of ultrahigh-pressure (UHP) terranes: large terranes that evolved slowly (over 10–30 Myr), and small terranes that formed and were exhumed on timescales of \u3c 10 Myr. Here we compare the characteristics – area, thickness, formation rate, exhumation rate, age, and tectonic setting – of these two endmember types of UHP terrane worldwide. We suggest that the two UHP terrane types may form during different orogenic stages because of variations in the buoyancy and traction forces due to different proportions of subducting crust and mantle lithosphere or to different rates of subduction. The initial stages of continent collision involve the subduction of thin continental crust or microcontinents, and thus tectonic forces are dominated by the density of the oceanic slab; subduction rates are rapid and subduction angles are initially steep. However, as collision matures, thicker and larger pieces of continental material are subducted, and the positive buoyancy of the down-going slab becomes more prominent; subduction angles become gentle and convergence slows. Assessing the validity of this hypothesis is critical to understanding the physical and chemical evolution of Earth\u27s crust and mantle.
Included here is the post-print copy of this article. The final publication is available via ScienceDirect at http://www.sciencedirect.com/science/article/pii/S0012821X1100756
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