United Way Annual Dinner and Awards

first_imgUnited Way of Chittenden County’s 62nd annual dinner and community awards on Thursday, May 6 will celebrate “The Heroes Among Us,” and highlight the organization and its supporters accomplishments in the community. The super hero-themed evening (tights, capes and secret identities encouraged) will be held at the Wyndham Hotel Burlington’s Adirondack Ballroom beginning with a social hour at 5:30 p.m., followed by dinner and the awards presentations. Last year’s awards dinner sold-out and space is limited. “One of the hallmarks of our annual dinner is to do a little ‘fun-raising’ and celebrate the accomplishments of volunteers and organizations that support United Way,” said Stephen Mease, United Way’s director of marketing and communications.“To encourage folks to dress in the spirit of the evening, we’re offering some great prizes, including a flying lesson from North Ramp Aviation, a super hero bear from Vermont Teddy Bear Company and some other great “comic book hero” prizes.” Other ideas are available at www.unitedwaycc.org(link is external). Governor James Douglas will present the 2004 Community Impact Award, an honor given to a community program or project that best represents the ideals of United Way’s community building work – collaboration, teamwork and making measurable results toward solving a challenge or problem. Since 1942, when United Way was started as the Burlington Community Chest, more than $82 million has been raised in Chittenden County to help those in need and to address emerging health and social problems. Last year, the Community Campaign raised $3.8 million, a new fund-raising record locally for United Way.Tickets are $35 per person. Checks and credit cards are accepted. Tables of 10 are available by calling 864-7541. Reservation can also be made by emailing Christie@unitedwaycc.org(link sends e-mail) with your name, company or affiliation, address and daytime phone, by April 29.last_img read more

Boulder Hill: Worth the Wait

first_imgShelburne, VT. November 1, 2004. The much-awaited second and final phase of a unique Shelburne neighborhood, Boulder Hill, begins this week. Located off Webster Road, Boulder Hill is a product of Sterling Construction, a local and award-winning custom home construction company.The 37-lot project is being completed in two phases. Of the initial 21 lots that became available in September 2003, 10 homes are complete and 9 more are underway. The second phase will commence on November 4th, when timing and process information is shared with a waiting list of people, and then to the public. The 16 remaining, premium lots in Phase II have been coveted for their views, privacy and location and the neighborhood is in high demand: there are almost 50 people on the waiting list. The neighborhood is expected to be completed in 2006.This is Vermont at its very best, remarks Bart Frisbie, owner of Sterling Construction, Weve had a lot of fun making this project become a reality. Its really rewarding to see families moving in and taking advantage of all that Shelburne has to offer. After almost 2 years in the permit process, Boulder Hill is taking shape.With more than half (32) of the 62 acres designated to the town of Shelburne as open space, this parcel of wooded land is home to walking/cross-country skiing trails, a myriad of native trees and plenty of wildlife. In addition, the neighborhood at Boulder Hill meets a town initiative to develop a community bike path; 3200 linear feet of 8 foot wide pedestrian paths wind through the neighborhood, connecting Longmeadow Drive with Webster Road.Boulder Hill is an extraordinary place, certainly not without challenges, but a beautiful little corner of Vermont. Due to the slope and shape of the land, we need to be creative with the siting of each home, and making the most of the space we have. But this results in each lot, and each home, being really unique, remarks Lori Buxton, director of homeowner relations for Sterling Construction. It has also been a great recycling project: we have turned most of the 50,000 cubic yards of rock that we blasted into usable products like crushed stone to be used as the base of the roads and driveways.Each home in Boulder Hill is designed to take advantage of the unique attributes of the site and provide a balance of well-planned living space, outdoor space and privacy. Home styles are traditional and colonial, in keeping with Sterlings renowned aesthetic and the charm of Shelburne town. Interiors include the finest of details like gourmet kitchens, luxurious master retreats, dramatic fireplaces and exquisite porches. Phase II promises to deliver Sterlings signature features of quality and creativity, to become home to exceptional houses, and to complete an extraordinary neighborhood.About Sterling Construction:Bart Frisbie, President and Owner, has been a builder for over 27 years and founded Sterling Construction in 1979 on the belief that the small details result in extraordinary homes. He is known for maximizing the potential of each lot, and each home, as well as making the home building process an enjoyable one. He is an active member, and past president, of the Home Builders Association of Northern Vermont. Sterling Construction is a dedicated team of 6 people, and has been working with many of the same contractors for the last 2 decades.Over the past 25 years, Sterling Construction has built homes for almost 300 families in Chittenden County. Other neighborhoods include: Stonegate (also on Webster Road), Deer Run (Shelburne), Rogers Forest (Jericho), Turtle Pond & Turtle Crossing (Williston).At this years Home Builders Association awards ceremony, Sterling Construction won three first place Better Homes Awards, including one for Lot 37 in Boulder Hill and one for overall energy efficient building practices.last_img read more

Blue Cross and Blue Shield of Vermont President Milnes to Retire

first_imgBlue Cross and Blue Shield of Vermont President Milnes to RetireBerlin, VT – William R. Milnes, Jr, president and chief executive officer of Blue Cross and Blue Shield of Vermont (BCBSVT), has announced he will retire later this year after 10 years with the Plan and nearly 34 years with the Blue Cross and Blue Shield system.Mr. Milnes, 62, will step down on November 30. Don George, vice president of managed health systems for BCBSVT and senior vice president and chief operating officer of the company’s HMO affiliate, The Vermont Health Plan (TVHP), has been named to fill the role of interim chief executive officer of the plan.”Under Bill’s leadership Blue Cross and Blue Shield of Vermont has grown, strengthened and improved in all areas,” said Guy Boyer, chairman of the BCBSVT Board of Directors. “He will leave a strong company with a culture of constant improvement and a unique commitment to its members, customers and to the state of Vermont.”BCBSVT, an independent, Vermont-based health benefits and financing company, experienced strong financial, market and operational growth under Mr. Milnes’ leadership. The company and TVHP both have been named by U.S. News and World Reports as among America’s top health plans in each of the last two years, and earlier this year BCBSVT received the Governor’s Award for Performance Excellence for its Blue Peaks process improvement initiatives.Additionally, the plan received the prestigious Community Leadership Award from the health insurance industry’s largest trade organization, America’s Health Insurance Plans, and Mr. Milnes also directed the creation of a non-profit charity named the Vermont Caring For Children Foundation.Mr. George, 50, joined BCBSVT in 1993, and during his career with the Plan has taken on increasing accountabilities and leadership responsibilities. He has bachelor’s degrees in business and political science from the University of Vermont, and a master’s degree in management and administration fromSt. Michael’s College. He is responsible for the Plans quality programs, provider payment and relations programs, and its medical cost management strategies. Additionally, he was recently elected to chair theBoard of Directors of the Vermont Information Technology Leaders, Inc.; is a member of the board of the Vermont Council for Quality and is a member of the Vermont Blueprint for Health Executive Committee.Mr. Boyer said that in selecting a successor to Mr. Milnes, the BCBSVT Board has initiated a full-scale screening process to identify and include qualified individuals from both within and outside the company.Blue Cross and Blue Shield of Vermont is the state’s oldest and largest private health insurer, providing coverage for more than 200,000 people. It employs over 350 Vermonters at its headquarters in Berlin and branch office in Williston, and offers group and individual health plans to Vermonters. More information about Blue Cross and Blue Shield of Vermont is available on the Internet at www.bcbsvt.com(link is external). Blue Cross and Blue Shield of Vermont is an independent corporation operating under a license with the Blue Cross and Blue Shield Association, an association of independent Blue Cross and Blue Shield Plans. (End)last_img read more

Vermont workers’ comp rates to make biggest drop in 12 years

first_imgGovernor Jim Douglas announced today that most Vermont employers will enjoy lower workers compensation costs when new rates approved by the Department of Banking, Insurance, Securities and Health Care Administration (BISHCA) go into effect on April 1, 2009.  This will be the largest average decrease in rates since 1997.Rates for loss costs in the voluntary market the competitive market offering the most favorable rates, and the market that covers the vast majority of Vermont employers will decrease by an average of 13%.  Rates in the assigned risk market the market of last resort for employers unable to obtain coverage in the voluntary market will decrease by an average of 9.6%. This is a proud moment for Vermont employers, who have worked extremely hard to create a culture of safety in workplaces across the state, said the Governor.  It is also a proud moment for those in state government who have worked tirelessly with Vermont employers to decrease the number of workplace injuries, and for those regulators who have worked to build and maintain a competitive market for insurers in our state.The Governor indicated that while Vermont s workers compensation costs remain comparatively high, this year s lower rates continue a positive trend.  For employees and employers in Vermont, this has been a very difficult year.  But I am hopeful that the decline in workers compensation costs will continue, which will enable employers to become more competitive, expand and improve their operations, and ultimately hire more Vermonters.Paulette Thabault, Commissioner of BISHCA, echoed the Governor s comments.  The decline in accident frequency shows that Vermont employers recognize the value and importance of keeping their workplaces safe.  At the same time insurers recognize that Vermont is a good place to do business.  The combination of those two results in lower workers compensation costs for Vermont employers, which benefits all of us.Medical costs continue to make up the majority of Vermont s workers compensation benefit costs 61% of benefit costs are attributable to medical care, versus 39% for indemnity (wage replacement) costs.  This mirrors a national trend in which medical costs continue to represent a larger and larger share of workers compensation costs.last_img read more

Aerospace and Aviation Association will hold Open House at Rutland Airport August 19

first_imgThe Vermont Chamber’s Aerospace and Aviation Association (VAAA) will hold an Open House event at the Rutland Southern Vermont Regional Airport in North Clarendon on Thursday, August 19, 2010 from 3 – 5 p.m.Join us for this high-profile event, sponsored by GE Aviation of Rutland, that will feature greening aviation and the important and growing role that GE Aviation Rutland plays in the production of the GEnx engine, which will be used to power the Boeing 787 Dreamliner and the 747-8 with greater gains in fuel efficiency and performance. This event will also celebrate the Rutland Southern Vermont Regional Airport and the work to upgrade the facilities by Senator Leahy, Congressman Welch and the Rutland Regional Chamber of Commerce.The lineup of speakers includes:Vermont Senator Patrick LeahyBrent Raymond, Office of Vermont Congressman Peter WelchVermont Lt. Governor and VAAA Chair and ASA National Chair Brian DubiePresident Betsy Bishop, Vermont Chamber of CommerceScott A. Ernest, Vice President and General Manager, Supply Chain, GE AviationRick Stephens, Senior Vice President Human Resources and Administration, The Boeing Company.The VAAA is managed by the Vermont Chamber of Commerce; it was established in an effort to promote and grow aerospace and aviation in the Green Mountain State. Quarterly networking meetings are held at aviation facilities around the state to provide important updates in aviation and aerospace, as well as networking opportunities.Source: Vermont Chamber of Commerce. 8.17.2010last_img read more

e-Vermont selects 2011 communities for broadband project

first_imgThe e-Vermont Community Broadband Project will bring digital tools and in-depth Internet training to 12 additional rural communities in 2011. The twelve, announced today, will benefit from the expertise and resources of e-Vermont’s statewide partners as the local groups develop ways to take full advantage of the Internet for creating jobs and innovative schools, providing social services, and increasing community connection. These towns join the first 12 pilot e-communities, selected in spring 2010.The 2011 e-Vermont communities will be Bridgewater, Calais, Castleton, Dover, Fairfield, Hardwick, Jay/Westfield, Middletown Springs, Moretown, Morristown, Richford, and Vergennes.‘As we work with rural communities to support the best use of high speed Internet tools in business, government, community and education, we are bringing Vermont one step closer to truly eliminating the digital divide,’ says Project Director Helen Labun Jordan, ‘Rural regions can’t be left behind in digital skills’ we may be receiving high speed Internet later than more urban areas, but we’re going to make up for lost time through programs like e-Vermont.’e-Vermont is one of the few national broadband adoption initiatives focused on rural needs and it is being viewed as a national model. These towns are among the first to explore how the Internet can be harnessed as a tool for community development.Although the e-Vermont Community Broadband Project can only bring in-depth services to 24 communities, it will be offering tools and resources to all of Vermont through workshops, conferences, webinars, online tools, and the continuing programs of its partner organizations. e-Vermont is not stringing cable or fiber, but is working to make better use of broadband where it is available. The 2010 communities are already seeing benefits.â ¢ In Middlesex, almost 60% of the households are using a new community e-newsletter called Front Porch Forum to buy and trade household items, learn about local special events and volunteer needs, share wildlife sightings, and support area businesses.â ¢ Five towns (Bristol, Ludlow, Poultney, Newport and West Rutland) are exploring the feasibility of creating public access Wi-Fi zones in their town centers in order to promote their communities and provide visitors with information about local events, services, entertainment and hospitality.â ¢ Small business owners in West Rutland are getting one-on-one analysis and advice on how to update and grow their e-commerce from the Vermont Small Business Development Center.â ¢ Sunderland – Arlington – Sandgate are adding technology as part of their celebration of their 250th Town Charter Anniversaries in 2011. High school community service students will create a website based on the historical holdings of Martha Canfield Library’s Russell Vermontiana Collection.â ¢ In Canaan churches, sports teams, and community groups are implementing an online calendar which will allow for greater event coordination, promotion, and cross-pollination.â ¢ Bristol’s 5th graders are learning to create podcasts and other interactive projects as the teachers integrate technology into their classroom. Digital Wish brought new computers for these students along with the training to unlock their potential.â ¢ Libraries in all the e-Vermont towns are trying new ways to offer the public better access and training, as computers become essential to obtain social services, find jobs, and keep up with research.e-Vermont’s partners include Digital Wish, Front Porch Forum, Vermont State Colleges, Vermont Department of Libraries, Vermont Small Business Development Center and the Snelling Center for Government. The Vermont Council on Rural Development is overseeing e-Vermont, and will bring its expertise in community organizing to help each town connect its schools, government, businesses, and nonprofit providers in new and exciting ways.The 2010 e-communities announced last spring are Brighton, Bristol, Canaan, Cambridge, Grand Isle County, Ludlow, Middlesex, Newport, Poultney, Pownal, Sunderland-Arlington-Sandgate, and West Rutland.e-Vermont updates are posted at www.e4vt.org(link is external). Contact e-Vermont with any questions at 802-225-6091 or helen@vtrural.org(link sends e-mail). 12.21.2010last_img read more

Revision gets $14 million contract

first_imgRevision Military Ltd,Essex Junction, VT, USA (August 3, 2011) ‘ Revision, the leading developer of ballistic protective eyewear for militaries worldwide, has secured a contract with the Defense Logistics Agency (DLA) to supply its Land Forces with Revision’s Prescription Rx Carrier over the next five years. It has an estimated value of up to $14 million during the life of the contract. Once prescription-filled, the Rx Carriers provide vision correction for troops who need improved vision in all environments ‘ including laser-threat situations. Revision’s Prescription Lens Carrier was selected for its interchangeable design and its high-impact ocular protection that has been demonstrated through the numerous testing procedures required by military standards. ‘With the Prescription Lens Carrier, soldiers who require vision correction can have the advantages of ballistic protective eyewear in theatre, without compromising optical clarity or field-of-view, and without wearing cumbersome goggles or large-framed spectacles over their normal prescription eyewear. The rugged and customizable Rx Carrier allows all soldiers to perform at their best while being protected from ballistic, laser and environmental threats as the Rx insert fits snuggly behind the lenses of either the Revision Sawfly Spectacles or Desert Locust Goggles, the protective eyewear issued to thousands of U.S. troops,’ said Dan Packard, Senior Vice President of U.S. Military Sales for Revision. He went on to say, ‘The Directorate of Medical Materiel has recognized that battlefield vision correction is a necessity to allow for a soldier’s peak performance and the Rx Carriers fulfill this requirement. Revision is proud to have been awarded this contract.’Revision’s Prescription Rx Carrier accommodates single vision prescriptions up to +/-11 and fits into the Revision Sawfly® Spectacles, and Desert Locust®, Asian Locustâ ¢, and Bullet Ant® Goggles. Its secure press-fit design ensures that it is properly positioned every time and its rugged and ergonomically designed frame provides wide field-of-view and durability. Revision’s Prescription Rx Carrier meets ANSI Z87.1-2010 ballistic impact requirements and is on the Army Authorized Protective Eyewear List (APEL).   Photos: Interchangeable Prescription Rx Carrier fits into the Revision Sawfly® Spectacles, and Desert Locust®,   Asian Locustâ ¢, and Bullet Ant® Goggles. US Soldier, using Rx Carrier in his Sawfly Spectacles, takes aim during practice.ABOUT REVISIONRevision develops and delivers purpose-built protective soldier equipment for military use worldwide. The company, which began with eyewear, has expanded to face and head protection and continues to develop their capabilities for integrated, performance-enhancing soldier systems. To that end, Revision brings the most advanced expertise, state-of-the-art facilities and finest technical minds. Clients include the U.S. Department of Defense, the Canadian Department of National Defence, the Netherlands Defence Materiel Organization, the Swiss Federal Department of Defence and the UK Ministry of Defence. Privately owned and ISO 9001:2008 certified, Revision’s operational headquarters is located in Essex Junction, Vermont, USA, with additional offices in the Netherlands and Canada. For more information, visit www.revisionmilitary.com(link is external).last_img read more

Vermont ski area pays penalty for wetlands violations

first_imgJay Peak Resort,A Vermont ski resort has agreed to pay $80,000 for wetlands violations to settle claims by the US Environmental Protection Agency that it violated the federal Clean Water Act when it filled in just over two acres of wetlands and streams and failed to obtain proper permits from the U.S. Army Corps of Engineers. According to EPA, a construction company working for Jay Peak Resort, Inc. placed dirt, sand and rocks into numerous wetlands and streams, affecting just over two acres of wetlands and streams during construction of its golf course between 2004 and 2006 without a required permit.This case was brought to the attention of EPA by the U.S. Army Corps of Engineers in the spring of 2008. Since then, the Corps and EPA have worked together in pursuing this case.EPA issued Jay Peak Resort a compliance order in September 2010, requiring that the company restore the affected wetlands and streams. The company worked cooperatively with EPA and the Corps in complying with the order restoring the wetlands and streams prior to the deadlines established in the order. Jay Peak Resort was directed to apply for after-the-fact authorization from the Corps to retain certain areas of fill that appeared to be critical to the project.The affected streams on the site flow into Jay Branch Brook, which flows into the Missisiquoi River, and then into Lake Champlain.Wetlands provide valuable habitat for many species of wildlife. They also help to protect the health and safety of people and their communities. They filter and clean water by trapping sediments and removing pollutants, and they provide buffers against floods by storing flood water. Wetlands also store and slowly release water over time, helping to maintain water flow in streams, especially during dry periods.‘Filling wetlands can exacerbate flooding,’ said Curt Spalding, regional administrator of EPA’s New England office. ‘Recent flooding in parts of Vermont underscores how devastating floods can be. Wetlands can help reduce the impact of flooding, because they act like sponges and can reduce the effects that heavy rain storms have on the surrounding communities.’ EPA: (Boston, Mass. ‘ Sept. 30, 2011) –last_img read more

Vermont home values fair better than US average

first_imgChicago-Joliet-Naperville, IL-10.2%-1.3% August HPI State and National Ranking: Minnesota-7.8%-4.2% Philadelphia, PA-1.7%-1.7% Kansas1.0%3.7% Delaware-6.0%-4.9% Illinois-9.6%-1.9% Riverside-San Bernardino-Ontario, CA-6.0%-3.8% Houston-Sugar Land-Baytown, TX-2.6%3.3% Georgia-7.2%-3.0% Dallas-Plano-Irving, TX0.2%2.6% Ohio-5.3%1.2% Maine-4.8%-1.9% Nevada-12.4%-8.8% Source: CoreLogic.  Single Family   Single Family  ExcludingDistressed New York-White Plains-Wayne, NY-NJ3.2%4.0% Arizona-10.7%-8.3% West Virginia8.6%10.7% District of Columbia1.3%1.0% StateAugust 2011 12-Month HPIChange by State Wyoming3.6%2.4% Colorado-1.8%0.2% New Mexico-6.3%-4.1% Phoenix-Mesa-Glendale, AZ-9.8%-8.2% Alabama-4.9%2.6% Hawaii0.6%4.4% Mississippi-0.7%4.8% Massachusetts-1.1%0.9% Montana-1.5%1.3% To view the multimedia assets associated with this release, click:http://multivu.prnewswire.com/mnr/corelogic/50006/(link is external) National-4.4%-0.7% Atlanta-Sandy Springs-Marietta, GA-7.2%-2.8% North Dakota3.5%4.2% Oregon-4.0%-1.8% Connecticut-4.0%-3.1% Source: CoreLogic.center_img Utah-4.9%-0.6% Kentucky-3.2%-2.5% New Hampshire-2.9%-1.7% Wisconsin-4.2%-2.3% Alaska2.2%3.1%  Single Family   Single Family  ExcludingDistressed Missouri-4.9%-1.3% Indiana0.8%2.2% Arkansas-2.6%-1.4% New York3.2%3.6% Vermont-0.4%2.5% MethodologyThe CoreLogic HPI incorporates more than 30 years’ worth of repeat sales transactions, representing more than 65 million observations sourced from CoreLogic industry-leading property information and its securities and servicing databases. The CoreLogic HPI provides a multi-tier market evaluation based on price, time between sales, property type, loan type (conforming vs. nonconforming), and distressed sales. The CoreLogic HPI is a repeat-sales index that tracks increases and decreases in sales prices for the same homes over time, which provides a more accurate “constant-quality” view of pricing trends than basing analysis on all home sales. The CoreLogic HPI provides the most comprehensive set of monthly home price indices and median sales prices available covering 6,587 ZIP codes (59 percent of total U.S. population), 608 Core Based Statistical Areas (86 percent of total U.S. population) and 1,142 counties (84 percent of total U.S. population) located in all 50 states and the District of Columbia.  About CoreLogicCoreLogic [NYSE: CLGX] is a leading provider of consumer, financial and property information, analytics and services to business and government. The company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built the largest and most comprehensive U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. The company, headquartered in Santa Ana, Calif., has more than 6,500 employees globally with 2010 revenues of $1.6 billion. For more information visit www.corelogic.com(link is external).Source:  CoreLogicThe data provided is for use only by the primary recipient or the primary recipient’s publication or broadcast. This data may not be re-sold, republished or licensed to any other source, including publications and sources owned by the primary recipient’s parent company without prior written permission from CoreLogic.  Any CoreLogic data used for publication or broadcast, in whole or in part, must be sourced as coming from CoreLogic, a data and analytics company. For use with broadcast or web content, the citation must directly accompany first reference of the data.  If the data is illustrated with maps, charts, graphs or other visual elements, the CoreLogic logo must be included on screen or web site.  For questions, analysis or interpretation of the data, contact Lori Guyton at lguyton@cvic.com(link sends e-mail) or Bill Campbell at bill@campbelllewis.com(link sends e-mail). Data provided may not be modified without the prior written permission of CoreLogic.  Do not use the data in any unlawful manner. This data is compiled from public records, contributory databases and proprietary analytics, and its accuracy is dependent upon these sources.SOURCE CoreLogic SANTA ANA, Calif., Oct. 6, 2011 /PRNewswire/ — CoreLogic is a registered trademark of CoreLogic. California-6.2%-0.8% Vermont continues to show resiliency in the home price market, as prices were down over the last year four-tenths of one percent (see table below). When distressed sales were taken out of the equation, the average home value in Vermont actually increased 2.5 percent. CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its August Home Price Index (HPI) which shows that home prices in the US decreased 0.4 percent on a month-over-month basis, the first monthly decline in four months.  According to the CoreLogic HPI, national home prices, including distressed sales, also declined on a year-over-year basis by 4.4 percent in August 2011 compared to August 2010.  This follows a decline of 4.8 percent* in July 2011 compared to July 2010.  Excluding distressed sales, year-over-year prices declined by 0.7 percent in August 2011 compared to August 2010 and by 1.7* percent inJuly 2011 compared to July 2010.  Distressed sales include short sales and real estate owned (REO) transactions.”Although the calendar says August, the end of the summer traditionally marks the beginning of ‘fall’ for the housing market as it begins to prepare for ‘winter.’  So the slight month-over-month decline was predictable, particularly given the renewed concerns over a double-dip recession, high negative equity, and the persistent levels of shadow inventory.  The continued bright spot is the non-distressed segment of the market, which is only marginally lower than a year ago and continues to exhibit relative strength,” saidMark Fleming, chief economist for CoreLogic.Highlights as of August 2011Including distressed sales, the five states with the highest appreciation were:  West Virginia (+8.6 percent), Wyoming (+3.6 percent), North Dakota (+3.5 percent), New York (+3.2 percent), andAlaska (+2.2 percent).Including distressed sales, the five states with the greatest depreciation were: Nevada (-12.4 percent), Arizona (-10.7 percent), Illinois (-9.6 percent), Minnesota (-7.8 percent), and Georgia (-7.2 percent).Excluding distressed sales, the five states with the highest appreciation were: West Virginia (+10.7 percent), Mississippi (+4.8 percent), Hawaii (+4.4 percent), North Dakota (+4.2 percent), andKansas (+3.7 percent).Excluding distressed sales, the five states with the greatest depreciation were: Nevada (-8.8 percent), Arizona (-8.3 percent), Delaware (-4.9 percent), Michigan (-4.3 percent), and Minnesota (-4.2 percent).Including distressed transactions, the peak-to-current change in the national HPI (from April 2006to August 2011) was -30.5 percent.  Excluding distressed transactions, the peak-to-current change in the HPI for the same period was -21.0 percent.  Of the top 100 Core Based Statistical Areas (CBSAs) measured by population, 80 are showing year-over-year declines in August, eight fewer than in July.  *July data was revised.  Revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results.August HPI for the Country’s Largest Core Based Statistical Areas (CBSAs): Oklahoma-0.8%-0.4% Louisiana-0.9%2.5% Rhode Island-1.8%1.1% North Carolina-0.3%0.9% Texas-0.7%2.4% Tennessee0.1%0.2% South Carolina0.5%3.2% Washington-5.6%-1.7% Michigan-3.3%-4.3% New Jersey-1.1%-1.0% Los Angeles-Long Beach-Glendale, CA-5.2%0.7% Pennsylvania-0.8%-0.1% Washington-Arlington-Alexandria, DC-VA-MD-WV0.9%2.4% Maryland-2.1%-0.3% CBSAAugust 2011 12-Month HPIChange by CBSA Florida-4.7%-1.4% Iowa-1.6%-0.8% South Dakota1.5%0.6% Idaho-5.2%0.2% Nebraska1.1%1.1% Virginia-0.2%0.9%last_img read more

German companies to pursue novel renewables to gas project

first_imgGerman companies to pursue novel renewables to gas project FacebookTwitterLinkedInEmailPrint分享Reuters:German power and gas network companies TenneT, Thyssengas and Gasunie Deutschland said they plan to build a 100 megawatt (MW) plant to turn renewable energy into gas for industrial use in the Ruhr region.The plant in Lower Saxony would be the biggest power-to-gas plant (ptg) in Germany and would be connected to the grid in phases from 2022, the companies said in a statement on Tuesday. They did not give the estimated investment.As Germany has set a target to nearly double the share of wind and solar power to 65 percent of electricity generation by 2030, grid operators are looking to develop ptg plants and other technologies. Ptg entails running wind or solar power through water to split it into oxygen and hydrogen, which can then be used as a transport fuel or fed into electricity grids.“The green power that is turned into gas will be transported to the industrial Ruhr region, but also supply hydrogen filling stations for mobility, and can be stored in underground caverns for industrial usage,” they said.German power transmission network Amprion and market-leading gas grid Open Grid Europe (OGE) said in the summer that they were also looking to build ptg plants with capacities of 50 to 100 MW.More: German network companies join up to build power-to-gas plantlast_img read more