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OnLocation’s U.S. Energy Horizons to 2050 Release: Reference and Advanced Technologies Scenarios for the U.S. Energy Sector

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VIENNA, Va., June 26, 2024 /PRNewswire/ — The U.S. energy system will continue a significant transition through 2050, driven by new technologies, policies, and consumer choices. These will result in new market dynamics, industry challenges, and changes in energy-related greenhouse gas emissions. OnLocation, a KeyLogic company, produced the U.S. Energy Horizons to 2050 report to explore these issues using its enhanced version of the National Energy Modeling System (OL-NEMS). The Horizons report provides Reference and Advanced Technologies scenarios to illustrate the impacts of clean technology innovation and enabling policies that could lead to deeper decarbonization. OnLocation’s release webinar is on Thursday, June 27 at 2 p.m. (EST).

What is the OnLocation U.S. Energy Horizons to 2050 Report (OL EH)?
OL EH provides a view of the U.S. energy system through 2050 and may be used by various stakeholders to inform policy decisions. If specific actions are taken, it projects potential future effects on energy supply and demand. OL EH considers the impact of existing and potential policies and technologies affecting energy-related greenhouse gas emissions.

OL EH is a series of modeled projections under different sets of consistent input assumptions. Although many input assumptions (e.g., prices, technology development, economic growth, geopolitical developments) are uncertain long-term, OnLocation uses the best judgment of its energy experts, informed by historical trends and expected future changes, to develop quantitative central pathways for model input assumptions. These central pathways produce the OL EH Reference scenario and may be adjusted in sensitivity scenarios to illustrate the impacts of parameter uncertainty on the energy system.

The OL EH Reference scenario serves as a baseline against which policy action may be compared. It assumes current laws and regulations continue throughout the projection period, which allows proposed policy actions or technology improvements to be modeled as a sensitivity scenario. The impact of the OL EH Advanced Technologies scenario is estimated by comparing scenario results with the Reference scenario.

Why is OnLocation Releasing OL EH?
That fact that the energy system is undergoing and will continue rapid and complex change is neither a singular nor recent phenomenon. To assist policymaking in this dynamic environment, the U.S. Energy Information Administration (EIA) routinely captures the existing state of knowledge about the U.S. energy system in its Annual Energy Outlook (AEO). Citing the need for more time to incorporate new features to the underlying NEMS model to reflect recent energy system changes, EIA announced they would not release an AEO for 2024. This is the first year since the early 1980’s that EIA did not produce an AEO.

OnLocation decided to produce the OL EH this year to benefit the energy & climate modeling community. Over its 40-year history, OnLocation has worked with EIA to build and maintain parts of NEMS, the energy-economy model used to produce AEOs. OnLocation developed its own version of the model, OL-NEMS, based on AEO 2023, including new features and policy updates to address energy system issues and CO2 mitigation strategies important to OnLocation’s clients. OL EH brings together the best of OnLocation’s energy system expertise in a modeling framework familiar to users of the AEO.

How Did OnLocation Develop the OL EH?
OL-NEMS is based on AEO 2023. OnLocation updated this model with publicly available data, policy updates, and new capabilities, making OL EH markedly different from EIA’s AEO 2023. OnLocation is solely responsible for OL EH assumptions and results.

A full report will include a full list of OL-NEMS model updates and OL EH scenario assumptions. Key updates include:

Hydrogen production, storage, and trade (including low-carbon hydrogen sources).Improved representation of carbon capture and sequestration (CCS) and carbon markets.Other CO2 mitigation technologies such as direct air capture (DAC) and sustainable aviation fuel.Updated regulations including new EPA greenhouse gas standards for power plants and vehicles.Greater data center electricity demand growth in the commercial sector.Lower cost assumptions for renewables, carbon capture, and electric vehicles.

How Does OL EH Compare to AEO 2023?
Our key modifications lead to greater CO2 reductions in most energy sectors by 2050 compared to AEO 2023, especially in the power and transportation sectors, as shown in Figure 1. These reductions are due to a more rapid phase-out of conventional fossil fuels in favor of clean energy sources such as renewable energy and electric vehicles in EH Ref compared to AEO.

What the EH Scenarios Reveal
While Reference scenario CO2 emissions decline over time, net emissions in the Advanced Tech scenario are much lower than the Reference scenario (Figure 2).

An important contributor to these reductions is that the power sector achieves net zero CO2 by 2040 with a combination of new renewables, battery storage, and CO2 capture including bioenergy with carbon capture (BECCS). Some other sectoral emissions are offset by net negative emissions from both DAC and BECCS in industry, biofuels, and hydrogen production.

Conclusion
OL EH is accessible to organizations aiming to explore potential future projections of the U.S. energy system more effectively and identify strategies for influencing its direction. Additional OnLocation reports on Data Center (AI & Cryptocurrency) Energy Demands, Employment Impacts of the U.S. Energy Transition, and Critical Materials Demands of the U.S. Energy Sector are planned for later this year.

OnLocation helps public and private groups apply quantitative tools to assess structural and regulatory challenges facing the U.S. energy system. For more information or to book a free consultation, please visit our website or email contact@onlocationinc.com.

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SOURCE Keylogic

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RedThread Report Reveals 50% Drop in L&D’s Involvement in Strategic Discussions, Offers Framework for Reclaiming Influence

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31 minutes ago

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November 14, 2024

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RedThread Research’s latest report, Hope Isn’t a Plan: Building a Progressive L&D Strategy, highlights a 50% drop in Learning & Development involvement in business strategy discussions over the past two years, signaling a shift from strategic partner to reactive function. The report also provides a comprehensive five-part framework to help L&D leaders articulate their strategy, collaborate effectively across departments, and balance stability with flexibility.

WOODSIDE, Calif., Nov. 14, 2024 /PRNewswire-PRWeb/ — RedThread Research has published its latest report, “Hope Isn’t a Plan: Building a Progressive L&D Strategy,” which underscores the declining strategic role of Learning & Development (L&D) functions and offers a comprehensive framework for leaders seeking to recalibrate their strategies.

“L&D needs to rethink its strategy or risk becoming irrelevant. More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The study reveals a sharp 50% drop in L&D’s involvement in business strategy discussions over the past two years, signaling an alarming shift from strategic partner to reactive supporter. The research also shows that L&D’s involvement in workforce planning discussions similarly declined sharply over this same period.

“L&D needs to reclaim its strategic voice or risk becoming irrelevant,” said Dani Johnson, Co-founder and Principal Analyst at RedThread Research. “More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The report highlights several pressing insights, including:

Declining Strategic Influence: L&D’s diminishing role in strategy discussions has led to a more tactical and reactive function in many organizations.The Importance of Articulating Strategy: Many L&D leaders lack a clearly communicated and well-defined strategy, further compounding their inability to respond effectively to changing business needs.Collaboration as a Cornerstone: Successful employee development requires structured collaboration and cooperation across departments, challenging entrenched mindsets about L&D’s role. L&D functions need a plan for how to best collaborate with other business functions.Balancing Stability with Flexibility: While adaptability is essential, the report argues that stability also forms the foundation for long-term success in L&D efforts.A Five-Part Strategic Framework: The study provides a detailed framework comprising five core elements of an L&D Strategy—Organizational Alignment, Employee Impact, Operations and Governance, Tech and Data, and Stakeholder Engagement.

“Learning and Development can’t afford to play it safe,” added Johnson. “They must be prepared to continually evolve— locking down what works while still flexing to meet what comes next. And they need to double down on strategy to show how that connects back to outcomes — and prove that L&D is not just a cost center but a critical driver of success.”

For access to an infographic of the framework and other exclusive research, navigate to https://members.redthreadresearch.com/spaces/12680089/feed and register for a complimentary Starter Tier membership in the RedThread Research community.

For companies and individuals interested in exploring this research more deeply, RedThread offers exclusive membership opportunities. Join the RedThread research community or the Tech Consortium by visiting the RedThread website (https://www.redthreadresearch.com) or reaching out to RedThread by emailing hello@redthreadresearch.com. 

About RedThread Research

At RedThread Research, we get it.

Sure, we’re experts in performance, people analytics, learning, and D&I – and we’re well-versed in the technologies that support them. But we’re also truth-seekers and storytellers in an industry often short on substance, and too full of #!%. Our mission (indeed, our very reason for existing) is to cut through the noise, and amplify what’s good. We look for the connections (or red threads) between people, data, and ideas – even among seemingly unrelated concepts. The result is high-quality, unbiased, transformative foresight that helps you build a stronger business.

To learn more, visit https://www.redthreadresearch.com.

Heather Gilmartin
RedThread Research
646-275-0742
heathergilmartin@redthreadresearch.com

Media Contact

Heather Gilmartin Adams, RedThreadResearch, 6462750742, heathergilmartin@redthreadresearch.com, https://redthreadresearch.com/

View original content:https://www.prweb.com/releases/redthread-report-reveals-50-drop-in-lds-involvement-in-strategic-discussions-offers-framework-for-reclaiming-influence-302306028.html

SOURCE RedThreadResearch; RedThreadResearch

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SONOR INVESTMENTS LIMITED APPOINTS NEW INTERIM CHIEF FINANCIAL OFFICER AND TREASURER

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31 minutes ago

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November 14, 2024

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TORONTO, Nov. 14, 2024 /CNW/ – Sonor Investments Limited (“Sonor”) announced today that Fanny Chantal Grenier was appointed Treasurer and Chief Financial Officer of Sonor effective November 12, 2024 to replace Rosabell Chung Hun who resigned from this position as of such date.

Michael Gardiner, Chairman and Chief Executive Officer of Sonor, stated “we would like to express our gratitude for Rosabell Chung Hun’s significant contributions and dedication to our company”. He went on to say “for the immediate future, Fanny Chantal Grenier is to be appointed as the interim Chief Financial Officer  and Treasurer of the company until we have a permanent replacement. We are in the process of examining our human resources plan that will be discussed and presented at our next board meeting”.

Ms. Grenier presently holds the position of President of Fairwater Capital Corporation, is a qualified CA CPA and brings extensive experience in financial leadership. She has a proven track record in advancing fiscal responsibility and operational efficiency.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

SOURCE Sonor Investments Limited

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Odyssey Impact’s New Grant Opportunity: $2,500 – $25,000 for Local Nonprofits — But Don’t Bother If You JUST Want to Raise Awareness

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31 minutes ago

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November 14, 2024

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Odyssey Impact is awarding grants ranging from $2,500 to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) with creative and unique ideas for tackling local challenges and bringing people together in person. The Connected Communities Grants are simple and streamlined… no epic application process and no weeks-long recap reports. The grants were created to help bring about impactful and meaningful change that connects and strengthens local communities. The deadline to apply is December 11, 2024 and winners will be announced in January 2025.

NEW YORK, Nov. 14, 2024 /PRNewswire-PRWeb/ — If you’re tired of JUST TALKING ABOUT A PROBLEM, WE’RE WITH YOU. WE WANT TO FIND SOLUTIONS. And if you’re also tired of filling out long applications, running “awareness” campaigns, or spending weeks cobbling together post-grant reports, Odyssey Impact® has some great news for you.

Through the simple and streamlined Connected Communities Grants, Odyssey Impact® is offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help solve problems in their communities and bring people together in person.

We’re ditching all that in our new SIMPLE AND STREAMLINED Connected Communities Grants, offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help SOLVE PROBLEMS in their communities.

Grants will range from $2,500 to $25,000 for applicants with CREATIVE and UNIQUE ideas for tackling local challenges and bringing people together IN PERSON. You know what your town needs and we want to help you make it happen.

Our Mandate is Simple: We want creative ways to help connect people in real-time, in meaningful ways.

Odyssey Impact Board President, Riaz Patel, and co-founder of ConnectEffect, underscores the critical importance of real, in-person connection:

“We’re facing an unprecedented epidemic of isolation, alienation, and loneliness. We don’t need more awareness or research to know it’s a massive problem. We need bold, innovative solutions from creative thinkers to reignite a sense of community across America.”

Interested in applying? Awesome! But here’s what we don’t want:

We’re not looking for “scalable” projects. We ARE looking for local and connected.No “awareness campaigns.” We want to help you take real action instead.No “virtual” events. We are funding in-person, live human stuff.Skip the epic applications. We don’t have the time for those either.No weeks-long recap reports. We’d rather see your great pics and videos.No galas, golf tournaments, or fundraisers. We want project- and program-focused ideas.

Got something cool and community-focused in mind? Perfect! We want unique ideas that make sense for your community, and we want you to spell it out clearly (without all the fluff) — how your project will connect people, foster innovation, and bring the community together.

We need this now more than ever, and if you agree, you are our kind of grantee applicant.

You can apply now through December 11th at odyssey-impact.org,

Winners will be announced in January 2025.

Together, we can truly create impactful and meaningful change that connects and strengthens our local communities.

About Odyssey Impact®

Odyssey Impact® ignites creative, actionable solutions that drive real transformation and connection at the local level. By teaming up with innovative community leaders and those who care about their communities, we’re funding projects that are not only visionary, but also perfectly tailored to meet each community’s unique needs.

Through these efforts, Odyssey Impact is laying the groundwork for a future where real community-driven initiatives create much-needed impact & change and bring us all closer together.

Media Contact

Erin Carenzo, Odyssey Impact, 1 8183817336, erin@carenzoagency.com, https://odyssey-impact.org/

View original content to download multimedia:https://www.prweb.com/releases/odyssey-impacts-new-grant-opportunity-2-500—25-000-for-local-nonprofits–but-dont-bother-if-you-just-want-to-raise-awareness-302305983.html

SOURCE Odyssey Impact; Odyssey Impact

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