 the O&M. How does that $0.08 of savings in the quarter relate to the $570 million to $590 million guidance range. Does that put you — is that already incorporated in that range? Does that put you at a high or low end, you had mentioned some one-time items in there? And just wondering kind of where that fits in terms of the full-year outlook?
Well, all I say Travis is when we get to year end, we anticipate being within that range. So that’s where I’ll continue the guidance to be based on everything that we’ve been able to do from one-time to structural to timing, we believe that we will be in that guidance range.
The cost reduction work and focus on O&M is a really important component to us staying in that range for the balance of the year.
Okay. So that $570 million to $590 million would include what you would call some one-time items — net any other one-time items or other changes in Qs one, three and four?
That’s correct, Travis.
Correct, as well as the ongoing work to keep our costs under control.
Sure. Okay. And then real quick just high level, wondering if you’re seeing any additional battery or storage in general opportunities? What the pipeline or backlog might look like in that area? Anything going forward or change from the last couple of quarters apart from Wheatridge and the other smaller ones you got?
Yeah. So in terms of projects that we have going on that we’re taking into our capital forecast in the near term, no. However, there is no question that we are seeing an acceleration in the interest of our customers in renewable energy, and a clean energy future. We’re seeing an acceleration of interest in electric vehicles and battery storage. And we are really excited about the long-term opportunities, which we think will come at us at a faster pace than they otherwise would have, if not, but for the pandemic. And so the focus across all sectors on technology and using technology better to solve problems for our Company as well as for society in general.
And we’re going to be installing batteries in some of our residential customer homes in order to test out the capability and benefits associated with that, along with putting batteries in one of our substations and then also next to one of our generating stations in order to help with black start and with variations from the renewable energy resources that are on our system. So we’re really looking forward to this. This is going to be an exciting time.
Okay. With all these, the rate base opportunities?
Yes, they’re all to serve customers.
Okay. And then, sorry, just one quick follow-up on that. Is there any kind of gating period? I know you go through the IRPs and such. Is there any next period where we might see a large battery or storage commitment show up in some of the capex numbers? Or will this be something that’s just incremental quarter-to-quarter depending on opportunities out there? If you get my gesture [Phonetic].
Yes. No, absolutely. And we just received acknowledgments in May on our IRP in our Action Plan. We’ve entered into a contract with Douglas PUD. We will be filing an update to that IRP. And then also at the tail end of this year and into next year, we will be issuing RFPs. First step in that process will be the selection of an independent evaluator. And overall, our focus on capital additions on the generation or storage side are focused on not admitting resources.
Okay. Great. Appreciate it.
Thank you. I would now like to turn the call over to President and CEO, Maria Pope, for closing remarks.
Thank you very much for joining us today. We appreciate that these are extraordinary times and we value your interest in Portland General Electric, and we hope to connect with you virtually in the future. Thank you very much and have a great day.
I'm looking to get a bench with a power rack a bar and some weight.
not looking to spends thousands of dollars though.
figure it's a longshot but i'd go ahead and ask around here to see what i can see before risking it on craigslist.
whatever offerings you've got post em' with a price and hopefully it works out.
the cheaper the better as far as im concerned.
That's what I'm using now! And old tree stumps.
Tell the better half to join "New Braunfels Mercantile "Buy, Sell, Trade" on FB - there's usually stuff on there pretty cheap. Or tell her to message me and I'll add her.The 2008 National Survey of Student Engagement, an annual Indiana University study that examines student life on campuses across the country, found that transfer students on average are less likely to interact with faculty, collaborate with classmates, participate in campus activities or seek career counseling and advice.
More than 40 percent of the students responding to the NSSE survey from 769 colleges and universities were classified as transfer students.
With more students opting to start their higher education at affordable community colleges and the stagnant economy sending even more late-blooming learners back to school, campus administrators find that catering to transfers and other nontraditional students makes sense.
To read the full story from USA Today, go to www.usatoday.com.This article has been taken from Real Media Press, read it below or find part 2 of the interview here.
In part two of our interview, Fashion Designer Joe Corre talks about his his work, action against fracking and taking on the government and corporations. You can read Part 1 by clicking here.
Interview by Manisha Ganguly
You refer often to commodification- do you think it’s possible to reclaim fashion in this age, because on the one hand you’ve got unaffordable haute couture which doesn’t use sweatshop labour, and then you’ve got cheap stores with sweatshop labour goods where working class people buy from because that’s all they can afford?
I disagree with that quite strongly. What people want now is not because they can’t afford good clothes, it’s the changing mentality where in order to feel part of this society they have to keep buying on credit, like an addiction, to feed their own self-worth. It’s the experience of going out every weekend to the shopping centre. You don’t have to do that, you can buy second hand things, buy less and better quality. It’s a choice that we make.
I’m not in fashion, nor is Vivienne. Fashion is about what’s the latest trendy thing. For me it’s about what’s good. People who buy Vivienne Westwood do so because they’re choosing something that’s not supposed to fit in, that works with their body and shows it off. Fashion in the end is all about sex and making yourself look naked. When you wear those clothes, what are you gonna look like naked? That’s the truth, so people keep buying. The amount of clothes that go into landfill every year is insane. And in order to keep people buying, they need to have the price lower.
You called your store, ‘A Child of the Jago’, an “anti-brand”. Do you think the people who purchase your clothes are conscious of your politics?
With ‘The Child of the Jago’, I tried to find a business model that works at a small-scale: making everything in the UK and using up all the fabrics left over on the shelf from the fashion industry. I can buy them at a very cheap price because they’re what’s left, but then it’s only a certain quantity of that fabric so everything I make becomes limited edition. Because I buy the fabric cheap, I can actually pay the labour cost without having to make them in China. We’re not cheap because it’s not making mass-produced stuff but it’s not expensive for what we do.
We get a lot of people who need stagewear, from magicians to popstars to actors – and people who really want something they can’t find in the mainstream.
You tweet a lot about the state of the media – where do you go to for your news?
The only newspaper I buy is the Financial Times. It’s useful because the corporations are running the media, society and government and I find with FT a broader view of what’s pulling the strings in the city.
There are certain websites on fracking that I go to as well. With post-truth media, people don’t know what to latch onto. The things Real Media is doing is great because it cuts through all the bullshit and is a respected stream of information that you can rely upon. At the moment, what you get in the mainstream is just propaganda.
You’ve been active in climate change activism. What other campaigns apart from anti-fracking have you been working on?
For climate change, we support the Inga Foundation which promotes subsistence farming through Inga alley-cropping in tropical rainforests where slash and burn cultivation (one of the main causes of deforestation) is practised. This gives them food security, a small cash crop and also regenerates the soil. I support Climate Revolution, Vivienne’s initiative.
I’m working with Dale Vince from Ecotricity, trying to get people to switch to renewable. I find it difficult to stand outside the system and go, you’re wrong, instead of finding solutions. With Ecotricity, we protest to stop the frackers. We offer an alternative: this green gas plant which