Offer. This would apply to both the Business Community as well as residential customers. And so, as far as the approach to development we are really recommending an integrated and targeted approach to the resource rather than the market based additive approach which you have often see with conventional utility. The draft Financial Model that we preached was submitted a few months ago to the commission the power comprise is a baseline a proved concept at the mathematical willful which we are going to make more complex over the next few months the first model consistses of photowind and a regional wind farm and as provide by the two house four ordinance and the final will demand response and solar thermal and power storage to give greater depth to the model but we are confidant that the surpluses which we will tell you about shortly will improve very likely in that final model. On that point. At what point are you making sure is there a model that you are going to werent to us regarding
Financial exposure to the rate pairs . Payers. The he exposure to rate payers, im not sure exactly what you mean. You want to epitomize the exposure to rate payers where is the exposure. Well that exactly if you want to tackle this, im not sure how to answer that. That mic is not working iggs. The final risk parameters with wholesale power flakbations projected with the cost of power. Is that available now. Not available right now, no. It will be in about three months. In terms of how risk is treated within the model. Colorado you want to talk model. Do you want to talk about the financial build out. Yeah the wholesale price of power fluctuates considerably in the last decade and in many situation that is has defined the marketplace in this case, we are proposing a substantial development of local renewable resource and those demands eliminate and so the very approach limits risk compared to what you would get if you follow the shaw north america contract approach which, is all based o
Commercial customers. Yes. Essentially it would be the same generic risk applied to residential you have large commercial customers downtown and high rises downtown consuming a big part of the energy and so they are more sensitive to fluctuation and is rates. Really though, as it would apply to residential customers, fluctuation and is rates as they occur on the market, would be greater than they will be under a regime that is based upon local fixed capital cost and is that is what the build out will do you end up with over half of the power supply in a fair short period of time. Being behind the meter and being essentially hardware and performance based rather than market or fuelbased. So, from the point of view of the commercial customer, you know, there are now over a thousand municipallies in the United States over c c a service and there has not been to my knowledge been a proem with which the Program Commence with a rate increase now clearly if the Program Commences with a rate i
With fewer federal dollars available. Under map 21 texas has submitted six letters of interest and we continue to have open and forthright discussions with u. S. D. O. T. About her projects. They have been good partners to work with and we certainly appreciate their willingness to meet with us and work through the new tifia process. U. S. D. O. T. Was a lot of discretion to evaluate and choose eligible projects under specific criteria. U. S. D. O. T. Is have the authority to weigh and compare the relative merits of projects under the selection criteria and to choose those that scored highest under that weighted scoring system. Over time u. S. D. O. T. Continued at criteria such as livability to the list of their selection criteria and too much discretion seem to be permeating the process and made the the program more about me being subjective as opposed to funding the best projects and older order to meet mobility. Map21 eliminate discretionary criteria as it established a limited set
Special with the very first time i felt bad in a weird way, where i talk about how scared i would be to have a kid or how scared the idea of marriage was to me, and i could see people in the audience like thank you for saying that. I am your age or i am older or younger and feel that same thing and feel that same pressure you feel and it is scary to me. Rose the Global Economy and a new breed of comic when we continue. Funding for charlie rose was provided by the following. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. We should be doing everything we can to keep families from falling into poverty and build more ladders of opportunity to help people who are willing to work hard climb out of poverty. Rose we begin tonight with the Global Economy, the united states, japan and europe seem to be gaining back some of that lost momentum emerging markets, are witness ago different fate, the International Monetary fund cuts its projection