Passive income md7/25/2023 SL Green also has a solid track record and a diversified portfolio in one of the world’s most coveted real estate markets. Therefore, it becomes a compelling alternative for investors searching for steady cash flow. While SL Green’s monthly payout has decreased slightly from just under 32 cents per share earlier in 2022 to about 27 cents currently, the annualized yield remains significant. SLG, as a real estate investment trust (or REIT), must distribute 90% of its taxable income to shareholders, resulting in regular dividend payments. For more information about the Maryland Energy Administration, visit Green Realty Corp (NYSE: SLG) is a major player in the Manhattan office market with a diversified portfolio of 60 buildings totaling 33.1 million square feet. MEA administers grant and loan programs to encourage clean energy technologies in all sectors of Maryland’s economy: Residential, Commercial, Agricultural, and Transportation. To achieve its mission, MEA advises the Governor General Assembly on matters relating to energy policy. Maryland Energy Administration On behalf of Governor Hogan the mission of the Maryland Energy Administration (MEA) is to promote affordable, reliable and cleaner energy for the benefit of all Marylanders. Conclusions drawn from this study will be made available later this year. X-energy is a Maryland-based nuclear energy innovation company focused on the development of future zero-carbon nuclear energy. FSU’s clean energy projects include targeting clean energy job training, sustainability and renewable energy. Funds were provided to engineer a campus scale microgrid to service the campus and local community. With this partnership in place, I am confident we will be able to determine whether or not the deployment of this advanced zero carbon energy in the state makes sense, and how best to proceed if a positive determination is made.”įSU has previously partnered with MEA during the agency’s inaugural Resilient Maryland Grant program. “This is the right set of circumstances for Maryland to explore new ways to advance clean energy goals, while staying at the forefront of technological advancements. “We are experiencing a transition in our energy systems and must look for new opportunities and impactful approaches to provide reliable 24/7 power generation within our rapidly changing energy landscape,” said Dr. The potential use of an SMR deployment to repurpose existing electricity generation assets and meet growing generating needs could reduce stranded asset costs, allow for well-paying jobs to remain in the region, provide business opportunities for the manufacturing and construction sector during the construction and maintenance phases, and provide for more flexible, lower-cost electricity to the state’s residential and business consumers. Broadly, the benefits to state energy generation and business are multiple. The potential for Maryland to house a new SMR brings a variety of benefits including firm, carbon-free generation that includes a host of advanced safety features including passive cooling systems and a pebble bed reactor design. During this stage an economic and business study will be conducted and FSU will generate an economic impact analysis. This is only the first step in a robust feasibility process for siting considerations. Depending on these findings, this research will provide information on available clean energy opportunities to the state.Ī Maryland fossil fuel site will be examined for potential conversion for use of an SMR. Baltimore, MD – The Maryland Energy Administration today announced a partnership to determine the potential for siting an Advanced Small Modular Reactor (SMR) with Maryland-based X-energy and Frostburg State University (FSU) through a collaborative study.
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