The Rapid Development of Renewable Energy in Europe

Renewable energy sources are a major contributor to the transition of Europe’s energy sector. Development in technologies are key to the acceleration in market share in this sector. Today, shares for solar power photovoltaic (PV) electricity, biogas electricity and wind power are close to the levels anticipated by countries in their national renewable energy action plans (NREAP’s), drafted in 2010.

Interestingly in 2017, renewable energy accounted for an impressive 85% of new EU electricity-generating capacity. More importantly, the EU continued to decommission more capacity from conventional sources than it installed.

Renewable energy sources shares continue to vary widely between countries, Austria, Denmark, Finland, Latvia and Sweden exceeding 30% in final energy consumption, whilst Belgium, Luxembourg, Malta and the Netherlands at just 9% respectively.

Averren Energy operating under China Longyuan Power Group Corp, are providing renewable energy training programmes designed at educating countries that are not fully utilising their RES. Anthony Reed (Head of Finance) explained – ‘whilst growth in the renewable energy across Europe is currently ahead of projected figures, there are still many countries that do not understand both the geographical and fiscal benefits available. Every country has a different geographical demographic, whilst geothermal power may benefit some areas, wind power or solar power will be best suited to others. Our objective is to educate the relevant governing bodies to fully understand global and local environmental benefits combined with the fiscal benefits, we achieve this by providing a 10 year, 15 year and 30 year year renewable energy plan.

Renewables accounted for approximately 70 % of net additions to global power capacity in 2017. Global investments in renewables have shown steady growth for more than a decade. This has led to a more than doubling of global renewable electricity capacity between 2005 and 2017. By 2017, for the third year in a row, more than half of all newly installed power capacity worldwide was of renewable origin, as RES accounted for an estimated 70 % of added net power generation capacity in that year (Frankfurt School-UNEP, 2018; IRENA, 2018b). In 2017, the EU still ranked second after China as regards total installed and grid-connected domestic renewable electricity capacity.

The EU is a global leader in renewable electricity capacity per capita, but fast activity becomes visible outside the EU. With an average renewable electricity capacity of 0.87 kW installed per person in 2017, the EU is the clear world leader on a per capita basis, ahead of the United States, Brazil and China. In absolute terms, in 2017, Europe still had the largest wind capacity in place globally.

However, since 2017, China has displaced the EU as market leader in solar PV capacity and is poised to overtake the EU, in absolute terms, as the world leader in total installed wind energy capacity.

Profitable Ideas for Belly Dance Studio

After taking classes from other instructors, it is decided that the next step in your personal advancement is to become an instructor and start a belly dancing business.

The operation of a belly dance studio requires daily attention to students needs and desires.

In the beginning are the owner’s ideas of making money learned from previous experiences from other dance studios. There is nothing wrong with this, however; it will be temporary.

Immediate income is from students taking classes. A basic beginners course and different levels of classes to advance skills will keep students continuing the course to its completion. After the basic course students may leave.

What can you do to keep students attending and continuing an income?

Specialty classes – these classes may be taught by self or hire other instructors.
Props of sword, cane, tambourine, candelabra, candles, and veil. These classes may range from a couple of hours or taught as a weekend event.
Zills and drumming – these are the basic percussion instruments which belly dancers use. Learning about different zill patterns and drum rhythms will help students understand the various rhythms of Middle Eastern music.
Teach in-home private instruction and offer demonstrations at schools and other types of women’s organizations.
Hire self out for national and international seminars as an instructor and build your brand name.
Design a website page and keep it active with information. Include an application for attending classes or hiring a performer.
Teach basics, techniques, and psychology of entertaining at private parties, restaurant dancing, and stage performances to students who want to become professional performers.
Sell services of dancers for parties, conventions, and organizations for local, national, and international markets.
Teach costume and accessories construction. These classes not only help students to have custom-made outfits for their selves, but it serves to satisfy their creative and imaginative interest for arts and crafts.
Designing and assembling jewelry. Making jewelry which the dancer uses are beautiful and many dancers like their jewelry to compliment their costumes correctly.
There are many other styles of this art form. In the past there were two categories of dances. Today there are nine different styles of belly dancing. It is not possible for one person to teach the nine different styles; hire other instructors. It is critical to offer variety in the dance studio; do not depend on one style.
Teach or conduct workshops and seminars. Workshop classes are taught in one day. Seminars are conducted over a three-day weekend. Hire national or international instructors.
Mount a display wall or a mini-shop in the studio and sell all essential costumes, accessories, jewelry, props, and musical items which dancers need or wish to own. Include consignment opportunities.
Produce online videos and offer online classes.

Performance Bonds: How to Avoid Funds Control

Funds Control, Escrow, Funds Administration – are all the same thing. Which can be part of the process when a Performance and Payment Bond is needed.

What is this, and why do contractors often want to avoid it?

Funds Control is an underwriting device used by some bonding companies. The procedure is specifically intended to reduce the risk associated with the Payment Bond aspect of the surety’s exposure. The surety is guaranteeing that suppliers of labor and material will be paid. If they are not, the creditor is entitled to make a claim on the Payment Bond for recovery.

The funds administrator acts as the paymaster on the contract. They pay everyone, including the contractor. Under this arrangement, the contractor is not handling money or disbursing funds. This makes the surety confident that folks will be paid appropriately (thus preventing payment bond claims,) and it also assures that none of the money for our bonded contract is shifted over to support other unbonded projects (an illegal action.)

Now the paymaster doesn’t work for free. They perform monthly checking on the contract status including the billings, they gather lien releases from the vendors, they keep the books on the project and write all the checks on behalf of the contractor. The cost if this may be.5 – 1% of the contract amount, paid by the contractor. Normally it comes our of their profits.

Contractors may be unhappy with the fee, and they always worry about the turn around time to get checks issued by the administrator each month. They need to keep the project moving.

So let’s look at an alternative procedure that doesn’t cost the contractor any money, prevents any possible delay in turn around time… and still protects the surety on the payment bond.

The alternative is to have Joint Checks issued by the obligee. What does this mean?

Joint Checks are issued by the obligee / project owner in the name of the bonded contractor and their vendor. For example, if the contractor owes the lumber yard $20,000, a check is written payable to the contractor and the lumber yard specifically for $20,000. This procedure assures that funds sent to the contractor must end up in the hands of the supplier. Under the normal method of payment, a lump sum check is sent to the contractor, and everyone hopes the funds will be used appropriately / promptly to pay bills related to the bonded work. Please note: That doesn’t always happen. And when money is mis-directed, a payment bond claim can result.

Conclusion: Compared to Performance Bonds, Payment Bonds are the most frequent area of surety bond claims. When the bonding company needs an extra cushion to assure the proper handling of money, Joint Checking is a worthwhile procedure that is fast and free for the contractor.