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Britain sets new daily record for wind generation, topping 44% of country’s electricity consumption

first_imgBritain sets new daily record for wind generation, topping 44% of country’s electricity consumption FacebookTwitterLinkedInEmailPrint分享Recharge:Stormy conditions drove wind to a new record-high share of Britain’s electricity supply that at one point hit 56% this weekend, said power market analysts.The record level, in the early hours of Saturday 8 February, beat a previous high of 52.4% set in September 2019, said analysis from Drax Electric Insights.Saturday also set a new record for highest share of power produced in a single day with 44.26%, said Drax, outstripping both nuclear and gas combined.The wind power records came amid the arrival of storm Ciara, which caused havoc to travel and infrastructure across the UK this weekend – and left thousands of consumers without any power at all.The UK has 13.57GW of onshore wind installed, and a world-leading 8.4GW offshore fleet.The two are currently on very different trajectories, with onshore installations plunging as a result of adverse government policies, while offshore is booming after being included as a key part of the national industrial strategy.[Andrew Lee]More: Storm blows wind to record share of Britain’s electricitylast_img read more

The 4 data questions every credit union leader needs to answer

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Will Thomas Will Thomas leads business development at Blue Orange Digital, a data science agency that empowers credit unions to make better decisions with their data. Will earned an MBA from the … Web: www.blueorange.digital Details Increased consolidation and competition require that credit unions today adopt a new strategy. The winners in this emerging landscape will be institutions that leverage data and prediction across their organization. Data-driven decision making, made possible by the decreased cost of prediction, allows adopting credit unions to highlight their advantages to customers and run more profitably and efficiently. But to get to this promised land, all CU leaders first need to answer 4 key questions:1) What is my data strategy?Does your institution have a 3-year roadmap for how to take advantage of modern analytics? This seems like a tall order. Most CUs don’t have internal knowledge, resources, analysts, and data structures in place. It is hard to find vendors with the data science expertise to solve these problems holistically and offer simple tools to meet specific, ongoing credit union needs. But without a coherent plan to gain insight into your business, the shift won’t happen. Food for thought: JP Morgan spends 11B on tech in a single year.2) Do my systems talk?Legacy systems weren’t designed for predictive analytics. Core, marketing, loan origination, credit card, and operational data usually live in parallel worlds. Just pulling out the data to build a report or send an email marketing blast can require waiting on the one IT guy who knows commands in an arcane programming language. Ouch.A centralized data warehouse can serve as a single source of truth across the organization, eliminate redundant information systems, and simplify access to analytics that increases revenue. The vision for effective data infrastructure is that all data systems from call center to core talk seamlessly and securely. Cloud storage and computing providers like Amazon Web Services have made this accessible even to the smallest institutions.3) Where can I apply Business Intelligence?Machine learning. Optimization. Decision support. There are a lot of names, so what does prediction actually solve? Here are some examples of BI in action:Sales and Marketing Optimization: Run a more effective email campaign by targeting specific members with the cross-selling offers that they are likely to purchase. Financial Products: Dynamically price loans and interest rates to maximize long term revenue by accounting for member acquisition and retention effects.Operational BI: Use teller and hold/wait time analytics to anticipate interactions that could undermine member loyalty.Balance Sheet Assessments: Go beyond core deposit studies with decision support and automation tools that allow for real-time what-if scenarios and guidance on institutional finance decisions.4) How does our leadership team use data?The reason you are in the C-suite is your ability to make tough decisions. But everything doesn’t need to be a gut call. Simple and effective executive reporting is a key step to transforming into a data-driven organization. Automated reporting and easy exploration of the data surrounding a decision help you identify key variables in less time to make better decisions.Visualization tools, custom dashboards, and self-service BI create an environment where complex questions can be answered in hours not weeks. Layering in prediction can automate routine decisions. Multiplying this speed and accuracy across the credit union is the backbone of offering services that make members feel valued in an increasingly complex world. Pulling it all togetherSo what would this approach look like in practice? Let’s take an auto loan.Your credit union applies predictive member segmentation and lead scoring to determine promotion and outreach timing for members likely to purchase a car in the next 3 months. A personalized email campaign is coordinated with onsite member service conversations. Loan pricing is optimized for profitability over the lifetime of the member relationship in order to drive loyalty and increase the deposit base, as well as maximize current revenue. At the end of the campaign, reporting metrics and visualization tools allow easy assessment of how the campaign contributed to the CUs annual goals and improvement for the next campaign.Need help navigating a modern data strategy? Blue Orange is a data science agency focused on helping credit unions make better business decisions with their data. Reach out for a complimentary call about custom solutions to the data challenges that your institution needs to solve.last_img read more

Attacks Continue as Broward Sheriff’s Race Heads to Primary

first_imgFor their part, the sheriff’s union has issued no-confidence votes in Tony and Israel.Smalling, who has spent half that amount of time with the sheriff’s office, believes the department needs a morale boost, and he’s the one to do it.Others believe engaging the community is critical. Santiago Vasquez, who has served in capacities including deputy, detective and community relations officer with BSO, wants to set up a community awareness response team, as he told the TV station.Another of his opponents, Willie Jones, spent 15 years as sheriff, and shares the desire for a police task force.“President Obama’s police task force that talks about the best policing practices for the 21st century, if they had taken 60 percent of that, we could have eliminated a lot of the problems we are having with our communities,” Jones stated to WFOR.Candidates for the sheriff’s position in the Republican primary include H. Wayne Clark and Casimiro Navarro.Tuesday’s winner will go up against the Republican candidate in November’s election. That includes a 1993 incident in which the now-sheriff shot and killed a man as a teenager in Philadelphia. Tony has maintained the shooting was in self-defense, and he was ultimately cleared of wrongdoing.He recently told The Sentinel, “The political nature is to be nasty and slanderous, but this is a public safety organization and we need to focus on presenting the facts and what we have accomplished from our real-time crime center to our training center and even giving the best raise in 25 years and what we are doing about police accountability when it comes to all the reform efforts we took on last year.”Additionally, the current sheriff has been criticized for not revealing on his Coral Springs job application that he tried LSD in his youth.“His whole campaign has been deceitful and misleading, and that’s who he is,” Israel said of Tony.In fighting back, Tony’s campaign mirrors DeSantis’ thoughts on Israel’s failures with the mass shootings.On the other hand, the sheriff’s union is throwing its support behind the retired Pollock, who spent 40 years with BSO as a detective, watch commander and colonel.“I know the inner workings of this agency. I know what it takes to get the men and women going in the right direction,” he told Miami television station WFOR.Primary Election Day is AUGUST 18. If you HAVE NOT mailed in your ballot yet, please TAKE IT IN TO ONE OF THE 22 EARLY VOTING LOCATIONS.Any ballots that are received after 7pm on AUGUST 18 WILL NOT BE COUNTED. #BrowardCounty #Broward #SouthFlorida #Florida #VOTEAUGUST18 #VOTE pic.twitter.com/JKLe5Xi5jf— Willie Jones For Broward County Sheriff (@WillieJones2020) August 15, 2020 With just days to go before the much-awaited Democratic primary this Tuesday, words continue to fly between the candidates for the Broward sheriff’s job and control over the department’s $1 billion budget.While Gregory Tony, who was appointed to the post early last year by Gov. Ron DeSantis seeks election, the man he replaced, Scott Israel, is trying to get his job back.Four other veterans are vying for the position as well.That includes Al Pollock, as well as Andrew Smalling, Santiago Vasquez, and Willie Jones. However, Israel believes he’s got it in the can.“With no disrespect to anyone it’s a two-person race,” he recently told reporters with The South Florida Sun Sentinel.DeSantis removed Israel as sheriff two years ago, alleging that he had mishandled the Parkland and Fort Lauderdale-Hollywood International Airport shootings in 2018 and 2017, respectively.Meanwhile, Tony, who had been a Coral Springs police sergeant, has faced scrutiny in recent months, as issues from his professional and personal past have come to light.There are only five days until Election Day! Let’s make Broward County a leader when it comes to reforming our law enforcement agencies by keeping Sheriff Tony in office. Find Early Voting hours and locations: https://t.co/KSVB8CYnFn pic.twitter.com/TMgbhLHry2— Sheriff Gregory Tony 2020 (@sherifftony2020) August 13, 2020 Still, The Sentinel says Pollock has some baggage. He was suspended for 15 days without pay a decade ago, for driving a Miami Dolphins players home after the athlete was behind bars for a felony domestic violence charge. Pollock was working off-duty for the team at the time.last_img read more