PFZW to invest in ‘revolutionary’ energy technology for new allocation

first_imgThe company said it would initially focus on supplying industrial large-scale users. It expected to have completed three gasification plants with an output of 20 petajoules by 2023. This equates to 2% to 3% of the demand for gas and 1% of the entire energy demand in the Netherlands, according to SCW.It added that it would need 500,000 tons of waste material for gasification annually within four years.“It shows that within the existing economy, we can improve sustainability with relatively small changes in the infrastructure”Peter Borgdorff, director of PFZWPeter Borgdorff, director of PFZW, said that the new technology deserved a place in energy production in the Netherlands.“It shows that within the existing economy, we can improve sustainability with relatively small changes in the infrastructure,” he said.Maurice Wilbrink, spokesman for PGGM – PFZW’s asset manager – said the pension fund expected to make further investments in the project as it expanded. He highlighted the potential of the technology, noting that all current industrial installations using natural gas in the Netherlands had to improve their sustainability in the coming decades.“Approximately half of future Dutch energy use will remain dependent on methane or hydrogen, so all of SCW’s output will find its way to the industry,” he said.According to PFZW, the gasification process also releases carbon dioxide, which could be captured and used in horticulture to improve plant growth. It added that SCW was investigating the possibility of transforming the carbon into a fixed material that could be used as a replacement for lime or concrete.“This way, the carbon could be permanently removed from the atmosphere,” the pension fund said.The healthcare scheme further noted that the gasification process would also release minerals, including phosphate, which was important to retrieve as natural reserves were limited.Above target returnsPGGM’s Wilbrink said that, given the higher risk profile of the project, the expected return of the investment was higher than PGGM’s target return of 8% to 12% for infrastructure.He further indicated that PFZW wanted to use its additional private equity allocation to invest earlier in the development phase of projects through specialist private equity houses.The pension fund preferred to participate as a co-investor, in order to exercise as much influence as possible, he said.PFZW already had a €12bn private equity allocation, equating to 5% of its entire assets. The portfolio generated 5% last year. Dutch healthcare scheme PFZW is to invest in a “revolutionary” Dutch technology that can transform wet organic waste into the fuels of methane and hydrogen.The investment would be the first of a new €500m private equity allocation, specifically aimed at impact investing in the areas of climate, water scarcity, food security and care, it said.The €217bn pension fund said it would take a minority stake of “several millions” in Alkmaar-based SCW Systems, which has built a demonstration plant in a co-operation with New Energy, a subsidiary of Dutch gas supplier Gasunie.SCW’s “super critical water gasification” technology involves the transformation of material, such as sewage sludge and agricultural biomass as well as garden, vegetable and fruit waste, under high pressure and high temperature.last_img read more

1st-line midfielders look for continued offensive production against Army

first_img Published on February 19, 2015 at 12:10 am Contact Matt: [email protected] | @matt_schneidman Henry Schoonmaker said his eyes light up when he sees the opportunity.“Definitely in the game you get pretty excited,” Schoonmaker said. “You’re like, ‘Oh, awesome, they’re not coming to us so I can take it down the alley and shoot.’”What’s catching his eye is an opening for him and the other first-line midfielders to attack, one that wasn’t always present last year.After starting attacks Kevin Rice, Randy Staats and Dylan Donahue ran the offense in 2014, opposing defenses this year have already shifted more of their focus to them rather than Schoonmaker, Hakeem Lecky and Nicky Galasso in the midfield. It’s allowed the unit to produce more offensively, as Lecky and Galasso are already on pace to eclipse their point totals from last year in just five games this season.SU’s next opponent, Army, boasted the nation’s top defense in 2014, one that allowed a Division I-low 101 goals. Schoonmaker said the Black Knights have the ability to slow down a game or speed it up, but that his unit will continue to produce if No. 15 Army (3-0) hones in on the No. 3 Orange’s (2-0) attack at 7 p.m. on Sunday in the Carrier Dome.AdvertisementThis is placeholder text“A lot of teams have been really worried about our attack,” SU head coach John Desko said. “It’s a good first (midfield) group and the way teams have been playing us, it’s great for them to produce.”In the second quarter against Cornell on Sunday, Big Red defenders Matt Schattner and Tim LaBeau tracked Staats as he ran behind the right side of the net with the ball. An unmarked Galasso sprinted down the middle of the field from the 40-yard line, Staats fired him a pass from behind the net and Galasso backhanded the ball into the top-left corner while Schattner was slow to slide over.“When they’re zoning in more on attack, that’s more of a game situation where like, all right, we know they’re not coming to us,” Schoonmaker said. “So we can go take a dodge and shoot right away because there’s no slide coming.”In 2014, the trio of Schoonmaker, Lecky and Galasso combined for 42 goals and nine assists while not always being on the field at the same time. Now that the three fifth-year seniors are on the same unit, the experience and opportunity to attack are paying dividends.Lecky, who had four assists in his first three years, has that many through two games to go along with four goals. Galasso already has five tallies through two contests after scoring 13 goals all of last season. And while Schoonmaker has gotten off to a slower start on the offensive end, Desko said he’ll start rounding into form.“Obviously based off of last year, teams are putting more emphasis on our attack,” Rice said. “With the midfielders playing the way they are, teams are going to have to stop doing that or they’re just going to keep making them pay for it.”Rice said he expects Army to play a zone defense and try and slow down the game similar to how Bryant did against the Orange in the first round of last year’s NCAA tournament.But the Black Knights also have the ability to speed a game up, as Schoonmaker noted. They showed that in an 18-17 loss — only the second game they allowed double-digit goals — to Notre Dame last year.Regardless of what is thrown at Syracuse on Sunday, though, it now boasts a multi-dimensional offense that doesn’t drop off even if its primary options are contained.“We kind of have to put that on ourselves to attack the goal a little bit more and make them respect us a little bit more,” Schoonmaker said. “They’re kind of forcing us to do that.” Comments Facebook Twitter Google+last_img read more

Perez: I would’ve gone after Messi

first_imgLionel Messi ‘I would have gone after him’ – Perez admits he would have tried to land Messi at Madrid Dejan Kalinic Last updated 2 years ago 11:06 8/9/2017 FacebookTwitterRedditcopy Comments(1) Lionel Messi Barcelona Getty Images Lionel Messi Real Madrid Barcelona Primera División If the Argentina star was at his current level in the early 2000s, the Madrid president admits he would have tried to land him Real Madrid president Florentino Perez revealed he would have tried to sign Lionel Messi as one of his Galacticos had he been a star in the early 2000s. In his first stint at the helm of the La Liga giants, Perez helped Madrid sign the likes of Zinedine Zidane, David Beckham, Ronaldo and Luis Figo.Madrid 6/1 to beat Levante 3-0 Article continues below Editors’ Picks ‘I’m getting better’ – Can Man Utd flop Fred save his Old Trafford career? Why Barcelona god Messi will never be worshipped in the same way in Argentina Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing The 70-year-old, who first took over as president in 2000, said Messi – who arrived at Barcelona in 2001, coming through the club’s youth academy to develop into one of the greatest players of all time – may have been one of those signings, if he had been at his current level then.”If there had been a Messi in my first stage [as president], I would have gone after him,” Perez told Cadena SER .”He is a type of player like Zidane.”However, Perez said there was no chance of signing Messi now with his ties to Barcelona. The Argentina international has won eight La Liga titles and four Champions League crowns among numerous trophies at Barca, while claiming a record five Ballons d’Or.”In my first stage, possibly,” Perez said. “He is now a Barca player.”He has been there since he was a kid. It would be very difficult.”last_img read more