Yes, You Can Find a Room in Vermont During Foliage Season!

first_imgThroughout the busy foliage season those who servetourists are faced with last minute travelers looking for a place to stay.The Vermont Department of Tourism and Marketing launched a new tool in mid-September that will assist the tourism industry in connecting travelers and lodging properties. This simple, online system allows any lodging establishment in the state to post and update their current room availability throughout the day.As of September 26, as many as 150 Vermont lodging properties were logging on daily to enter the current room availability. “We think it’svery exciting to have this service, which lets travelers and innkeepers find each other immediately. It really works; it’s a wonderful idea,” said Jennifer Karpin, manager at The Grafton Homestead.The listings are immediately available to staff at Vermont Information and Welcome Centers, Regional Marketing Organizations, chambers ofcommerce, and operators at the 1-800-Vermont teleservicing center. Availability can be sorted by region of the state, town, number of rooms available, or by the time the listing was last updated.Even a lodging property that has filled its own rooms can use the system to help additional travelers who show up at their front desk.Listings from the previous day are cleared automatically from the system at 5 a.m. each morning. Properties that register will receive anautomatic email reminder to update the current day’s information. This ensures only current information is displayed.Vermont tourism officials expect an excellent 2002 foliage season, which means about 4.5 million people will be booking lodging accommodations during the season. For foliage conditions and scenic tours is external)last_img read more

More Coal Plant Retirements on the Horizon?

first_imgMore Coal Plant Retirements on the Horizon? FacebookTwitterLinkedInEmailPrint分享Mark Watson for Platts Megawatt Daily:Even in places with abundant supply and demand, natural gas generation is trading hands at values well below the cost of a new build, attendees of the Gulf Coast Power Association’s Spring Conference in Houston learned Tuesday.In a session about oil and gas market fundamentals, Neel Mitra, Tudor Pickering Holt director for power and utilities, said his organization estimates the cost of building new natural gas combined-cycle generation at about $1,000/kW.The Ironwood combined-cycle gas turbine generator in Lebanon, Pennsylvania, sold recently for about $900/kW, Mitra said, but “that’s a very high marketer for combined-cycle gas generation,” reflecting the fact that it has ready access to fuel from the Marcellus Shale and can feed into a robust transmission system in the PJM Interconnection.In other markets, such assets sell in the range of $400 to $500/kW, he said, and in the Electric Reliability Council of Texas, the values range from $300 to $350/kW, he said.The reason is that in most merchant markets, natural gas-fired generation is the marginal type of generation and gas prices have been quite low, he said.“If there’s going to be incremental gas capacity added, it’s going to be in the regulated regions,” Mitra said.The nation’s coal-fired generation fleet has decreased by about 50 GW over the past few years because of low-cost gas generation and increased environmental regulation, but that fleet may shrink by another 10 GW in 2016-2017, “mostly in the state of Pennsylvania,” Mitra said.“There have been a lot of new combined-cycle plants built on top of the Marcellus, and those coal plants can’t compete with $1/MMBtu gas, with the regional basis,” he said.For the next few years, Mitra said he expects natural gas prices at the Henry Hub to range from about $2/MMBtu to about $3.25/MMBtu.“We believe $2 is where you start to see switching,” Mitra said.At current gas prices, Mitra said his organization thinks only one Texas coal-fired plant is covering its fixed costs.Some Texas-based coal fired generation has benefited by declining rail freight costs from the range of $25-$30/mt to about $15-$20/mt, he said.Full article: Natural gas generation bringing below-cost values: analyst $last_img read more