Friday, September 30, 2016

Final report by tilsynsaksjonen ready – NSO

final Report after tilsynsaksjonen ready

In the tilsynsetatenes final report for Fellesaksjonen 2016 has fellesaksjonens project team gathered about several recommendations.

the Theme for the campaign was “Coordination in concentrated industrial areas”. Tilsynsetatene who worked on the fundraiser was the NSO, the labour Inspection authority, Directorate for civil protection and emergency preparedness and Miljødirektoratet.

Based in internkontrollforskriften

the inspections were carried out with the starting point in internkontrollforskriftens § 6 Coordination. Tilsynsobjekter was 298 companies in 17 industrial parks, 9 supply bases and 46 shopping centres. Fellesaksjonen was carried out in the last two weeks in april 2016.

the Coordination was considered to be a relevant and important topic for the enterprises subject to supervision. Tilsynsresultatene also shows that a large proportion of the businesses had a need to establish and/or develop further coordination in relation to the requirements of the internkontrollforskriften. A small proportion of the visited businesses (fewer than 1 in 10) had a good way considered the requirements for coordination as unnecessary.

make recommendations

Fellesaksjonens project team has gathered about the following recommendations:

1) There is a need for a review of section 6 in internkontrollforskriften to clarify this and thus have a better enforcement.

2) It should more often be carried out supervision under the provisions of § 6 in the concentrated industrial areas.

3) Fellesaksjonen between tilsynsetatene must be continued. Fellesaksjonen is an important activity to promote the cooperation between the supervisory authorities especially locally.

4) Fellesaksjonen has provided much data in combination with additional studies should further processed to give us better knowledge on the part of the authority effect in general and on the subject of coordination in particular. DSB has prepared a note that briefly describes the latest available information on enivironmental on the basis of the experiences from the action, and which elaborates on the issues and questions where there is a need for further research and analysis, preferably through an r & D project, see appendix 9.

You can read the report in its entirety here

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- Hope it will add a floor – DN.no – Dagens Næringsliv

Oil price

the price of oil up around two dollars a barrel after the agreed Opec cuts.

the Article is added to your reading list.

oil prices is Thursday morning marginally weaker, after having risen by around two and a half dollars per barrel on Wednesday.

the Price of nordsjøolje is around two dollars higher per barrel than it was when the Oslo stock Exchange closed Wednesday.

the Big investment banks like Barclays and Goldman Sachs says that the plan by the Opec came up with at their meeting in the “protected areas” Wednesday, are burdened with a lot of uncertainty about the implementation and details, but it can add a floor for oil prices, and give a prisløft to 60 dollars per barrel on average for 2017.

“faced with the prospect of a new sharp fall in oil prices has Opec finally presented an initiative that the organization hopes to add a floor for oil prices up to the next etterspørselssesong begins”, says Barclays in a note.

also Read: Oljeanalytiker: – It is this the market has been waiting for

the Bank believes the decisive move in the short term is in Opecs decision about a follow-up meeting in november to determine the details of their agreement.

Opec has appointed a committee to determine the details of a weighting, and Opec signaling in a pressmelding on Wednesday night aiming for a production level of 32,5-33,0 million barrels per day.

Barclays estimates the production level to approximately 33,0 million barrels per day in august, in contrast to Opecs own forecasts on 33,24 mfpd.

the appeal pending that production will fall to 32,9 million barrels per day in november, and argue that a cut to the lower end of the signaling the corridor, will give a cut of 400.000-500.000 barrels per day.

the Agreement is, according to the investment bank also an important sign that Saudi Arabia and Iran still is able to distinguish Norwegian oil policy from the wider political acrimonious relationship between countries.

Neither Barclays or Goldman to change its price assumptions for 2017, based on what they know about Wednesday’s appointment.

“the Plan to reduce the production of 32,5-33,0 million barrels per day will probably prop up prices, at least in the short term,” said Goldman Sachs in a kundenotat.

investment bank maintains its price assumptions for 2016 and 2017, respectively 43 dollars at the end of the current year and 60 dollars per barrel on average for 2017.

“the Uncertainty in the market will persist in the coming months, and produksjonskvotene will be able to be exceeded, even if the plan are ratified on a formeldt meeting in november”, says Goldman.

the Difference between contracts in Brent and WTI is the latest, and the day extended by 4 cents, so that Burned-the prize Thursday morning at 1,52 dollars per barrel for contracts with the same forfallsmåned.

American oil WTI for delivery in november traded Thursday morning for 47,14 dollars per barrel, up 9 cents from the previous trading day, when the contract rose 2,38 dollars to 47,05 dollars per barrel.

WTI contract was at 45,22 dollars per barrel when the Oslo stock Exchange closed Wednesday.

Nordsjøolje brent for delivery in november traded for 48,66 dollars per barrel Thursday morning, down 3 cents from the previous trading day, then the contract step 2,72 dollars to 48,69 per barrel.

the Brent contract was at 46,53 dollars per barrel when the Oslo stock Exchange closed Wednesday.

the Price of Brent spot for immediate delivery are in the morning 35 cents lower than Wednesday, when the price ended up 2,64 dollars to 48,86 dollars a barrel.

Read also: Skepticism of Opec cut

the US-stock exchanges took speed after oljekuttavtale

Listen DN-the podcast that the money is free: the level of interest rates is abnormally low, and economists have no filla no idea why. The DNs utgavesjef Terje Erikstad and makrojournalist Einar the Norwegian university discusses with the finansjournalist Marte Ramuz Eriksen what to get Øystein Olsen and other sentralbanksjefer in zen.

you cannot Get up the player? Try here or here.

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Thursday, September 29, 2016

Proposal from the EUROPEAN commission can give the banks more power – DN.no – Dagens Næringsliv

Banks

And a total disarmament of supervision, according to the analyst.

the Article is added to your reading list.

A proposal from the EUROPEAN commission can give the banks more power to the banks compared with regulators over capital requirements, writes Bloomberg News Friday.

The european central bank has already followed the EUROPEAN commission’s guidelines on splitting the requirement of binding and non-binding capital requirements that reduce the burden for banks in the eurozone. According to the news this reduces the likelihood that banks receive utbytterestriksjoner and restriction on kupongutbetaling on fondsobligasjoner.

What this boils down to is a total disarmament of the audit. It makes it impossible for the authority to set capital requirements for any type of risk that has not yet materialized, ” says analyst Christian Stiefmueller in Finance Watch to Bloomberg News.

In a note, writes the EUROPEAN commission that pillar 2 requirements can only be introduced by the supervisory authorities if certain conditions are met. Instead of providing a framework that gives the government the opportunity to go further in to require additional capital requirements, suggests the EU commission to a given list of regulations they must follow.

Follow the markets with DN Investor

Listen DNs podcast: It is full guy in the real estate market. Much evidence suggests that the financial supervisory authority of norway will propose to tighten further.

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Significant oljekutt from Goldman Sachs – Hegnar Online

Goldman Sachs lowers gjennomsnittestimatet for WTI-oil, in 4. quarter significantly.

The new prisestimatet sounds according to CNBC on 43 per barrel against the previous $ 50.

- Greater overproduction

- We have 3. quarter of seen surprises on the upside in production and greater clarity in the new projects towards the end of the year. After this, we expect a global tilbudsoverskudd of 400,000 barrels per day in 4. quarter, against the previous 300,000 barrels, type storbankens analysis supervisor for raw materials, Damien Courvalin in a note Tuesday.

the Estimate assumes according to the website a limited increase in production in Libya and Nigeria.

Goldman Sachs believes a potential agreement between the OPEC members can provide support to oil prices in the short term, but at the same time that the potential for fewer tilbudsforstyrrelser helps to ensure that the risk is on the downside of the year.

- most Importantly, and given the uncertainty around the supply and etterspørselsbalansen forward, we repeat our view that oil prices need to reflect the fundamental conditions in the short term – that is weaker, with less weight on the more uncertain, the fundamental relationship in the longer term, it is called the furthermore, according to CNBC.

Talk oil prices down

Storbanken characterize the outcome of this week’s informal talks between the OPEC and Russia at the International Energy Forum in Algeria as unsafe.

Saudi Arabia’s energy minister stated to the press earlier today that the meetings in Algeria only have an advisory role, while the iranian energy minister also said that this week is not the time to take decisions.

the Statements have weakened the faith of a deal produksjonskutt or -freeze this week, and oil prices react therefore.

Brent november oil falling 2.8 per cent to 46,05 dollars a barrel, while the american WTI-oil pulls down 2.7 per cent to 44,70 dollars a barrel.

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- Hope it will add a floor – Dagens Næringsliv

Oil price

the price of oil up around two dollars a barrel after the agreed Opec cuts.

the Article is added to your reading list.

oil prices is Thursday morning marginally weaker, after having risen by around two and a half dollars per barrel on Wednesday.

the Price of nordsjøolje is around two dollars higher per barrel than it was when the Oslo stock Exchange closed Wednesday.

the Big investment banks like Barclays and Goldman Sachs says that the plan by the Opec came up with at their meeting in the “protected areas” Wednesday, are burdened with a lot of uncertainty about the implementation and details, but it can add a floor for oil prices, and give a prisløft to 60 dollars per barrel on average for 2017.

“faced with the prospect of a new sharp fall in oil prices has Opec finally presented an initiative that the organization hopes to add a floor for oil prices up to the next etterspørselssesong begins”, says Barclays in a note.

also Read: Oljeanalytiker: – It is this the market has been waiting for

the Bank believes the decisive move in the short term is in Opecs decision about a follow-up meeting in november to determine the details of their agreement.

Opec has appointed a committee to determine the details of a weighting, and Opec signaling in a pressmelding on Wednesday night aiming for a production level of 32,5-33,0 million barrels per day.

Barclays estimates the production level to approximately 33,0 million barrels per day in august, in contrast to Opecs own forecasts on 33,24 mfpd.

the appeal pending that production will fall to 32,9 million barrels per day in november, and argue that a cut to the lower end of the signaling the corridor, will give a cut of 400.000-500.000 barrels per day.

the Agreement is, according to the investment bank also an important sign that Saudi Arabia and Iran still is able to distinguish Norwegian oil policy from the wider political acrimonious relationship between countries.

Neither Barclays or Goldman to change its price assumptions for 2017, based on what they know about Wednesday’s appointment.

“the Plan to reduce the production of 32,5-33,0 million barrels per day will probably prop up prices, at least in the short term,” said Goldman Sachs in a kundenotat.

investment bank maintains its price assumptions for 2016 and 2017, respectively 43 dollars at the end of the current year and 60 dollars per barrel on average for 2017.

“the Uncertainty in the market will persist in the coming months, and produksjonskvotene will be able to be exceeded, even if the plan are ratified on a formeldt meeting in november”, says Goldman.

the Difference between contracts in Brent and WTI is the latest, and the day extended by 4 cents, so that Burned-the prize Thursday morning at 1,52 dollars per barrel for contracts with the same forfallsmåned.

American oil WTI for delivery in november traded Thursday morning for 47,14 dollars per barrel, up 9 cents from the previous trading day, when the contract rose 2,38 dollars to 47,05 dollars per barrel.

WTI contract was at 45,22 dollars per barrel when the Oslo stock Exchange closed Wednesday.

Nordsjøolje brent for delivery in november traded for 48,66 dollars per barrel Thursday morning, down 3 cents from the previous trading day, then the contract step 2,72 dollars to 48,69 per barrel.

the Brent contract was at 46,53 dollars per barrel when the Oslo stock Exchange closed Wednesday.

the Price of Brent spot for immediate delivery are in the morning 35 cents lower than Wednesday, when the price ended up 2,64 dollars to 48,86 dollars a barrel.

Read also: Skepticism of Opec cut

the US-stock exchanges took speed after oljekuttavtale

Listen DN-the podcast that the money is free: the level of interest rates is abnormally low, and economists have no filla no idea why. The DNs utgavesjef Terje Erikstad and makrojournalist Einar the Norwegian university discusses with the finansjournalist Marte Ramuz Eriksen what to get Øystein Olsen and other sentralbanksjefer in zen.

you cannot Get up the player? Try here or here.

Recommended by the DNtv:

LikeTweet

- Hope it will add a floor – Dagens Næringsliv

Oil price

the price of oil up around two dollars a barrel after the agreed Opec cuts.

the Article is added to your reading list.

oil prices is Thursday morning marginally weaker, after having risen by around two and a half dollars per barrel on Wednesday.

the Price of nordsjøolje is around two dollars higher per barrel than it was when the Oslo stock Exchange closed Wednesday.

the Big investment banks like Barclays and Goldman Sachs says that the plan by the Opec came up with at their meeting in the “protected areas” Wednesday, are burdened with a lot of uncertainty about the implementation and details, but it can add a floor for oil prices, and give a prisløft to 60 dollars per barrel on average for 2017.

“faced with the prospect of a new sharp fall in oil prices has Opec finally presented an initiative that the organization hopes to add a floor for oil prices up to the next etterspørselssesong begins”, says Barclays in a note.

also Read: Oljeanalytiker: – It is this the market has been waiting for

the Bank believes the decisive move in the short term is in Opecs decision about a follow-up meeting in november to determine the details of their agreement.

Opec has appointed a committee to determine the details of a weighting, and Opec signaling in a pressmelding on Wednesday night aiming for a production level of 32,5-33,0 million barrels per day.

Barclays estimates the production level to approximately 33,0 million barrels per day in august, in contrast to Opecs own forecasts on 33,24 mfpd.

the appeal pending that production will fall to 32,9 million barrels per day in november, and argue that a cut to the lower end of the signaling the corridor, will give a cut of 400.000-500.000 barrels per day.

the Agreement is, according to the investment bank also an important sign that Saudi Arabia and Iran still is able to distinguish Norwegian oil policy from the wider political acrimonious relationship between countries.

Neither Barclays or Goldman to change its price assumptions for 2017, based on what they know about Wednesday’s appointment.

“the Plan to reduce the production of 32,5-33,0 million barrels per day will probably prop up prices, at least in the short term,” said Goldman Sachs in a kundenotat.

investment bank maintains its price assumptions for 2016 and 2017, respectively 43 dollars at the end of the current year and 60 dollars per barrel on average for 2017.

“the Uncertainty in the market will persist in the coming months, and produksjonskvotene will be able to be exceeded, even if the plan are ratified on a formeldt meeting in november”, says Goldman.

the Difference between contracts in Brent and WTI is the latest, and the day extended by 4 cents, so that Burned-the prize Thursday morning at 1,52 dollars per barrel for contracts with the same forfallsmåned.

American oil WTI for delivery in november traded Thursday morning for 47,14 dollars per barrel, up 9 cents from the previous trading day, when the contract rose 2,38 dollars to 47,05 dollars per barrel.

WTI contract was at 45,22 dollars per barrel when the Oslo stock Exchange closed Wednesday.

Nordsjøolje brent for delivery in november traded for 48,66 dollars per barrel Thursday morning, down 3 cents from the previous trading day, then the contract step 2,72 dollars to 48,69 per barrel.

the Brent contract was at 46,53 dollars per barrel when the Oslo stock Exchange closed Wednesday.

the Price of Brent spot for immediate delivery are in the morning 35 cents lower than Wednesday, when the price ended up 2,64 dollars to 48,86 dollars a barrel.

Read also: Skepticism of Opec cut

the US-stock exchanges took speed after oljekuttavtale

Listen DN-the podcast that the money is free: the level of interest rates is abnormally low, and economists have no filla no idea why. The DNs utgavesjef Terje Erikstad and makrojournalist Einar the Norwegian university discusses with the finansjournalist Marte Ramuz Eriksen what to get Øystein Olsen and other sentralbanksjefer in zen.

you cannot Get up the player? Try here or here.

Recommended by the DNtv:

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Wednesday, September 28, 2016

Indvandrere to besætte half af regeringens new job – TV 2 – TV2

Note from Finansministeriet shows, that 129.000 job is øremærket indvandrere and seed frem mod 2025.

Over half af the 250.000 job, which regeringen will skabe frem mod 2025, besættes af indvandrere.

It shows a note from Finansministeriet, writes Berlingske.

Here is stated according to the newspaper, that 129.000 job to besættes af indvandrere, seed and såkaldte grænsearbejdere. 106.000 to besættes af ethnic danskere.

- the Number of af danskere in the arbejdsdygtige age falder in these years. And in the situation hjælper it to keep beskæftigelsen up, that the number of af indvandrere and seed in the arbejdsdygtige age expected to rise, the victory of finance minister Claus Hjort Frederiksen (V) to Berlingske.

Fewer danskere in the job

According to the fremskrivningen there will in 2025 be 102.000 fewer ethnic danskere in the arbejdsdygtige age between 15 and 64 years.

at the same time, there is in the same age group come 174.000 more indvandrere and seed, as either is here in forvejen or coming to the country.

Therefore, planerne in the note pure logik. It believes the professor and arbejdsmarkedsøkonom Niels Vestergaard from Copenhagen Business School.

- If you get to 250.000 new job somewhere, so it’s very very with an aging population, if you do not tags indvandrere in the image. It is pure logik – else will not be able to charge the sig deal with, the victory he to Berlingske.

the DF will begrænse muligheder

In the last years of campaigning it was heftigt debatteret, whether it was udlændinge or danskere, which came into the job under Helle Thorning-Schmidts (S) regeringstid.

With the Danish people’s Party believes, that one should begrænse virksomhedernes muligheder for that bring new arbejdskraft udefra.

- If it is very nemt that go ud and find the people in the udlandet, one is missing, then where not the same motivation at virksomhederne to get uddannet the arbejdskraft, we already have here in Denmark, the victory partiformand Kristian Thulesen Dahl.

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Indvandrere to besætte half af regeringens new job – TV 2 – TV2

Note from Finansministeriet shows, that 129.000 job is øremærket indvandrere and seed frem mod 2025.

Over half af the 250.000 job, which regeringen will skabe frem mod 2025, besættes af indvandrere.

It shows a note from Finansministeriet, writes Berlingske.

Here is stated according to the newspaper, that 129.000 job to besættes af indvandrere, seed and såkaldte grænsearbejdere. 106.000 to besættes af ethnic danskere.

- the Number of af danskere in the arbejdsdygtige age falder in these years. And in the situation hjælper it to keep beskæftigelsen up, that the number of af indvandrere and seed in the arbejdsdygtige age expected to rise, the victory of finance minister Claus Hjort Frederiksen (V) to Berlingske.

Fewer danskere in the job

According to the fremskrivningen there will in 2025 be 102.000 fewer ethnic danskere in the arbejdsdygtige age between 15 and 64 years.

at the same time, there is in the same age group come 174.000 more indvandrere and seed, as either is here in forvejen or coming to the country.

Therefore, planerne in the note pure logik. It believes the professor and arbejdsmarkedsøkonom Niels Vestergaard from Copenhagen Business School.

- If you get to 250.000 new job somewhere, so it’s very very with an aging population, if you do not tags indvandrere in the image. It is pure logik – else will not be able to charge the sig deal with, the victory he to Berlingske.

the DF will begrænse muligheder

In the last years of campaigning it was heftigt debatteret, whether it was udlændinge or danskere, which came into the job under Helle Thorning-Schmidts (S) regeringstid.

With the Danish people’s Party believes, that one should begrænse virksomhedernes muligheder for that bring new arbejdskraft udefra.

- If it is very nemt that go ud and find the people in the udlandet, one is missing, then where not the same motivation at virksomhederne to get uddannet the arbejdskraft, we already have here in Denmark, the victory partiformand Kristian Thulesen Dahl.

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Tuesday, September 27, 2016

Significant oljekutt from Goldman Sachs – Hegnar Online

Goldman Sachs lowers gjennomsnittestimatet for WTI-oil, in 4. quarter significantly.

The new prisestimatet sounds according to CNBC on 43 per barrel against the previous $ 50.

- Greater overproduction

- We have 3. quarter of seen surprises on the upside in production and greater clarity in the new projects towards the end of the year. After this, we expect a global tilbudsoverskudd of 400,000 barrels per day in 4. quarter, against the previous 300,000 barrels, type storbankens analysis supervisor for raw materials, Damien Courvalin in a note Tuesday.

the Estimate assumes according to the website a limited increase in production in Libya and Nigeria.

Goldman Sachs believes a potential agreement between the OPEC members can provide support to oil prices in the short term, but at the same time that the potential for fewer tilbudsforstyrrelser helps to ensure that the risk is on the downside of the year.

- most Importantly, and given the uncertainty around the supply and etterspørselsbalansen forward, we repeat our view that oil prices need to reflect the fundamental conditions in the short term – that is weaker, with less weight on the more uncertain, the fundamental relationship in the longer term, it is called the furthermore, according to CNBC.

Talk oil prices down

Storbanken characterize the outcome of this week’s informal talks between the OPEC and Russia at the International Energy Forum in Algeria as unsafe.

Saudi Arabia’s energy minister stated to the press earlier today that the meetings in Algeria only have an advisory role, while the iranian energy minister also said that this week is not the time to take decisions.

the Statements have weakened the faith of a deal produksjonskutt or -freeze this week, and oil prices react therefore.

Brent november oil falling 2.8 per cent to 46,05 dollars a barrel, while the american WTI-oil pulls down 2.7 per cent to 44,70 dollars a barrel.

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Monday, September 26, 2016

Sour mood in the banking sector contributed to the børsfall in Oslo – E24

the Oslo stock Exchange fell with the world’s financial markets on Monday. Despite a small sluttspurt in oil prices, ended the main index the day down 1,41 percent to 609,04 points.

It is Statoil that drove the decline with a fall of 1,33 percent to 126,5 million per share, but børslokomotivet are not alone: 18 of the 20 most traded shares in today’s trade ended in red.

It is worth noting that several of the fiskeaksjene got rudely with. Marine Harvest fall than 1.44 percent to 136,5 nok per share.

at Least lucky is the development of the Psalms, which falls 5,31 per cent, while Bakkafrost spreller against the current and rising 0,26 per cent. DNB Markets lit on Monday that they take into Bakkafrost in its portfolio, at the expense of just Psalms.

– Implicit verdsettelsespremie on Bakkafrost is, based on the estimated EPS for 2017 (earnings per share), in our view, marginal in relation to the valuation of SalMar. Bakkafrost is, however, to a lesser extent exposed to the biological challenges, and with an unchanged view of the development of sjømatselskapene forward, do we thus have a switch within the same sector, enter the investment firm.

the Downturn in Europe

In the rest of Europe is børsbildet as the following:

  • The German DAX index falls 1,85 per cent in Frankfurt
  • the FTSE 100 in London is down 1.25 per cent
  • the CAC 40 in Paris falls to 1.81 per cent

One of the major themes in the financial markets, the global uncertainty related to the european banks in general, and the giant Deutsche Bank in particular.

the Insurgency has gained renewed strength after it became known that the u.s. government requires storbanken for a two-digit milliardbeløp, and at the weekend said Germany’s chancellor Angela Merkel that politicians do not stand ready with any financial rescue package.

This burdens the european banking sector. Deutsche Bank falls 6,49 per cent, and other storaktører as HSBC (-0,69%), Barclays (-2,13), Commerzbank (-2,97) and BNP Paribas (-3,03) are drawn with.

Here at home is DNB down 1,72%, to 102,8 million per share.

oil price swings

the price of oil is in a volatile period where the news feed driver mood. After a real upturn before the weekend, opened it down for the weekend, but has since brought in a good part of it is lost.

 <p><b>VOLATILE:</b> the  price of oil rose før weekend, but fell back  in the entrance to the this week.</p>

VOLATILE: oil prices rose before the weekend, but fell back in the entrance to the this week.

Players in the oil following the Opec meeting in Algeria with argusøyne. The last thing that should exist is a draft of an agreement in which Saudi Arabia scaling down its production to the January level against that Iran agree not to increase their production.

the Outcome of the talks in Algeria is, however, highly uncertain, and this is reflected in the market pricing.

financial markets have started handelsuken in a cautious mode, with the possibility of the first us presidential debate and nøkkelutvikling in the oil market can drive sentiment, writing Hantec-analyst Richard Perry in a note, according to Marketwatch.

Sour mood in the banking sector contributed to the børsfall in Oslo – E24

the Oslo stock Exchange fell with the world’s financial markets on Monday. Despite a small sluttspurt in oil prices, ended the main index the day down 1,41 percent to 609,04 points.

It is Statoil that drove the decline with a fall of 1,33 percent to 126,5 million per share, but børslokomotivet are not alone: 18 of the 20 most traded shares in today’s trade ended in red.

It is worth noting that several of the fiskeaksjene got rudely with. Marine Harvest fall than 1.44 percent to 136,5 nok per share.

at Least lucky is the development of the Psalms, which falls 5,31 per cent, while Bakkafrost spreller against the current and rising 0,26 per cent. DNB Markets lit on Monday that they take into Bakkafrost in its portfolio, at the expense of just Psalms.

– Implicit verdsettelsespremie on Bakkafrost is, based on the estimated EPS for 2017 (earnings per share), in our view, marginal in relation to the valuation of SalMar. Bakkafrost is, however, to a lesser extent exposed to the biological challenges, and with an unchanged view of the development of sjømatselskapene forward, do we thus have a switch within the same sector, enter the investment firm.

the Downturn in Europe

In the rest of Europe is børsbildet as the following:

  • The German DAX index falls 1,85 per cent in Frankfurt
  • the FTSE 100 in London is down 1.25 per cent
  • the CAC 40 in Paris falls to 1.81 per cent

One of the major themes in the financial markets, the global uncertainty related to the european banks in general, and the giant Deutsche Bank in particular.

the Insurgency has gained renewed strength after it became known that the u.s. government requires storbanken for a two-digit milliardbeløp, and at the weekend said Germany’s chancellor Angela Merkel that politicians do not stand ready with any financial rescue package.

This burdens the european banking sector. Deutsche Bank falls 6,49 per cent, and other storaktører as HSBC (-0,69%), Barclays (-2,13), Commerzbank (-2,97) and BNP Paribas (-3,03) are drawn with.

Here at home is DNB down 1,72%, to 102,8 million per share.

oil price swings

the price of oil is in a volatile period where the news feed driver mood. After a real upturn before the weekend, opened it down for the weekend, but has since brought in a good part of it is lost.

 <p><b>VOLATILE:</b> the  price of oil rose før weekend, but fell back  in the entrance to the this week.</p>

VOLATILE: oil prices rose before the weekend, but fell back in the entrance to the this week.

Players in the oil following the Opec meeting in Algeria with argusøyne. The last thing that should exist is a draft of an agreement in which Saudi Arabia scaling down its production to the January level against that Iran agree not to increase their production.

the Outcome of the talks in Algeria is, however, highly uncertain, and this is reflected in the market pricing.

financial markets have started handelsuken in a cautious mode, with the possibility of the first us presidential debate and nøkkelutvikling in the oil market can drive sentiment, writing Hantec-analyst Richard Perry in a note, according to Marketwatch.

Salmon drag the Oslo stock Exchange – Hegnar Online

the main index on the Oslo stock Exchange is rising 0,81 percent to 601,67 points Friday at lunchtime as the turnover of the securities passes 880 million.

oil prices

oil prices fall on Friday on new concerns for the supply side.

the Focus will turn toward drilling activity in the united STATES, writes the australian bank ANZ, according to Reuters, in a note Friday.

Riggtellingen from Baker Hughes for the last week comes later Friday. WTI prices above $ 40 per barrel since the beginning of august has given support to the growth of u.s. oil rigs in the work.

Brent november crude oil as kosstet 46,13 per barrel around børsstart is now down 1.3 per cent to 45,98 dollars, while the WTI-oil, which cost 43,47 dollars barrel around børsstart now costs 43,40 dollar, and is down 1.2 per cent.

Statoil defies oil prices and rising 1,13 per cent of the 125,50 money.

the Company reports that they have now completed the sale of some of its non-operated assets in West Virginia to Antero Resources Corporation.

Statoil share is also, according to TDN Finans, upgraded to buy by Bank of America Merrill-Lynch.

Salmon

Sjømatsektoren helps to drag the Oslo stock Exchange up Friday after it earlier this week reported a rise in salmon prices.

Marine Harvest rises 1,78 percent to 131,30 money, Lerøy is up 2,78 percent to 384 million and SalMar rises 2,37 percent to 237,50 money

Got a bite at the Statoil

Statoil has chosen to exercise an option on an EPCI-contract with Aker Solutions for a gassmodul to increase gassbehandlingskapasiteten on the Troll B platform http://www.hegnar.no/Nyheter/Energi/2016/09/Statoil-jobb-for-Aker-Solutions

the contract price must be stated to around 370 million, and is an option that is included in a FEED contract was awarded to Aker Solutions in January 2016.

Røkke-the stock rises 0,78% to 36,11 money.

Fall on salgsanbefaling

DNO is down 0,46%, to 7,68 million, and continues thus, yesterday’s downturn in the wake of Deutsche Bank’s salgsanbefaling.

River-rally

the River stands out positively, with an increase of 4,39%, to 77,30 money.

Bernstein started coverage of the stock with an outperform recommendation and price target of 90 dollars, reports Bloomberg according to Reuters.

Telenor

Telenor has on Friday revealed the conditions of his work at vimpelcom-stunt. The market responds by sending the stock down 0,59 percent to 135,50 million.

Up on recommendations

Borregaards be included in the DNBs morgenrapport as a share, they ask the investors to follow.

the Company has capital markets day next week, and rises 1,48 percent to 68,50 money.

DNB has a kjøpsanbefaling on the stock and a price target of 75 million.

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Sunday, September 25, 2016

Proposal from the EUROPEAN commission can give the banks more power – DN.no – Dagens Næringsliv

Banks

And a total disarmament of supervision, according to the analyst.

the Article is added to your reading list.

A proposal from the EUROPEAN commission can give the banks more power to the banks compared with regulators over capital requirements, writes Bloomberg News Friday.

The european central bank has already followed the EUROPEAN commission’s guidelines on splitting the requirement of binding and non-binding capital requirements that reduce the burden for banks in the eurozone. According to the news this reduces the likelihood that banks receive utbytterestriksjoner and restriction on kupongutbetaling on fondsobligasjoner.

What this boils down to is a total disarmament of the audit. It makes it impossible for the authority to set capital requirements for any type of risk that has not yet materialized, ” says analyst Christian Stiefmueller in Finance Watch to Bloomberg News.

In a note, writes the EUROPEAN commission that pillar 2 requirements can only be introduced by the supervisory authorities if certain conditions are met. Instead of providing a framework that gives the government the opportunity to go further in to require additional capital requirements, suggests the EU commission to a given list of regulations they must follow.

Follow the markets with DN Investor

Listen DNs podcast: It is full guy in the real estate market. Much evidence suggests that the financial supervisory authority of norway will propose to tighten further.

Recommended by the DNtv:

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Trumps impressive helserapport was written in five minutes – Tv2 – TV 2

I tried to get the four or five sentences as quickly as possible, so that they were happy. In the rush, I think maybe some of the words were not the way they were intended, admits Harold Bornstein at Lenox Hill Hospital in New York city the face of NBC News.

at the same time he stands firmly by the fact that Trump (70), which may be the United states ‘ oldest president, is in good health.

his Health is superb, especially his mental health, he says lattermildt and continues:

– He think he is the best, and it works well.

“Astonishingly excellent”

In the helserapporten draws Bornstein up Trumps weight loss of seven kilograms in the last year, as well as the results of the tests he describes as a “surprisingly brilliant”.

Bornstein has been Trumps doctor in 35 years. Helserapporten, which was written in December of last year, is the only information about presidentkandidatens health which is made known.

the Report has given new urgency the past few days after that Trumps våpendragere has questioned Hillary Clinton’s health, despite the fact that Clinton’s physician has written a two page report states that Clinton did not have any serious disorders.

Written while the vehicle is waiting

Bornstein says in the interview with NBC News that he thought about what he should write about Trumps health throughout the day, but the actual note was not authored until a black car was standing outside the door to retrieve the letter. He took no time to proofread the text.

the Doctor said he usually does not use such a colourful language to describe a patient’s state of health, but that he was stained by the Trump way to formulate on and did his own interpretation of it.

the Face of NBC moderate him something, but are stuck on the fact that Trump is fresh and fast.

I don’t think he is better or worse than the average person who trains every single day. He don’t smoke, he does not drink, and he has a good family history, ” says Bornstein.

(©NTB/TV 2)

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Saturday, September 24, 2016

School, kindergarten and refugees on the agenda of the municipal council – Engerdal municipality

the Municipal council treated several cases with significance for oppvekstsektoren in their meeting the 22.9.16. It was also resolved to settle refugees in 2016 and 2017.

efforts should be made to create a municipal kindergarten in Sømådalen. Engerdal municipal assembly adopted the 22.9 the following: It is created a kindergarten places, in Sømådal with the expected boot 1.1.17, and no later than 1.8.17, below

the condition that it is given skjønnsmidler approximately 2016 level. If barnehagetilbudet not allow themselves to realize within 1.1.17, established a temporary skyssordning vedbehov. In addition, it will discuss the need for skyssordning for kindergarten children with a disproportionately long way.

the stock-taking exercise for oppvekstsektoren was also debated and it was made the following decision: the Decision of the Municipal council-22.09.2016 :

  1. the stock-taking exercise for oppvekstsektoren in Both 2016 taken into account.
  2. School – and barnehageeier has the following comments:
  1. School – and barnehageeier see the good work carried out at the enterprises and want to communicate this.
  1. School – and barnehageeier would like to clarify the importance of the development work that is underway both in kindergarten and school. Projects as for example: “Play provides learning”, “Ungdomstrinn in development”, “learning Environment” and “Culture for learning” has positive effects for learning outcomes and the learning environment. The work to be done, linking the valuable external expertise to the municipality, and creates actions that will increase the quality even more in kindergarten and school.
  2. School – and barnehageeier noting the proportion of unskilled, and that the competence requirements in primary and secondary education is changed. It is important that the allocation of resources to the necessary training to meet national competency requirements.
  3. School – and barnehageeier noting the relatively large increase in special education. It is important that the focus on appropriate training be kept up and that the post spesialpedagogisk advisor filled.
  4. It is important that students in the secondary education and youth outside of work, to be followed up. Apprenticeship is offered to the extent that it is possible for the municipality alone or in cooperation with other municipalities or companies.
  5. School – and barnehageeier noting that there are challenges relating to the number of languages and arbeidspraksisplasser for settled refugees in the municipality. Skoleeier expect that the municipal businesses and entities do a memorandum of understanding that ensures access to internships within the municipality’s own services.
  6. School – and barnehageeier wish that the following will be assessed: Opplæringsuker on the Mountains of grunnskoleelever and refugees, the coordination of musikklærerkompetanse in the school premises to ensure the recruitment of expertise and fådelte classes by imposed by the ebu.
  7. School – and barnehageeier noting the comments in the reports around investment and have maintenance measures begun. This hearing budget and økonomiplanarbeidet to.
  8. the School – and barnehageeiere wish that the SFO scheme are evaluated, and that rådmannen make a new assessment of this offer.

    In your own case was imposed by the ebu increased this year’s budget of kr. 271 000 for the appointment of 2 assistants with stillingsstørrelse up to usd 133.5 %.

    the Municipal council decided also to participate in the initiative of the County governor in Hedmark “Culture for Learning”

    In the 2016 and 2017 shall it will be transferred refugees after the request from the IMDI. Several hamlets shall be considered for settlement. The municipal council made the following decisions:

  1. Engerdal municipality settles 10 refugees in 2016 and then 8 in the second half of 2017.
  2. Several hamlets to be considered for resettlement when refugees will will be transferred.

    In addition, the municipal council itself referred to the a note from rådmannen in which it provide grants and commitments by the settling of the refugees, which was unanimously taken to the surveillance.

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Trumps impressive helserapport was written in five minutes – TV 2

I tried to get the four or five sentences as quickly as possible, so that they were happy. In the rush, I think maybe some of the words were not the way they were intended, admits Harold Bornstein at Lenox Hill Hospital in New York city the face of NBC News.

at the same time he stands firmly by the fact that Trump (70), which may be the United states ‘ oldest president, is in good health.

his Health is superb, especially his mental health, he says lattermildt and continues:

– He think he is the best, and it works well.

“Astonishingly excellent”

In the helserapporten draws Bornstein up Trumps weight loss of seven kilograms in the last year, as well as the results of the tests he describes as a “surprisingly brilliant”.

Bornstein has been Trumps doctor in 35 years. Helserapporten, which was written in December of last year, is the only information about presidentkandidatens health which is made known.

the Report has given new urgency the past few days after that Trumps våpendragere has questioned Hillary Clinton’s health, despite the fact that Clinton’s physician has written a two page report states that Clinton did not have any serious disorders.

Written while the vehicle is waiting

Bornstein says in the interview with NBC News that he thought about what he should write about Trumps health throughout the day, but the actual note was not authored until a black car was standing outside the door to retrieve the letter. He took no time to proofread the text.

the Doctor said he usually does not use such a colourful language to describe a patient’s state of health, but that he was stained by the Trump way to formulate on and did his own interpretation of it.

the Face of NBC moderate him something, but are stuck on the fact that Trump is fresh and fast.

I don’t think he is better or worse than the average person who trains every single day. He don’t smoke, he does not drink, and he has a good family history, ” says Bornstein.

(©NTB/TV 2)

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Friday, September 23, 2016

Said no to the anbod – was the same day the job himself – NRK

This goes out of the document NRK has gained access to. The 18. march 2014 concluded the law firm Wiersholm with that to give the county the financial and legal advice in connection with Fjord1-sales was not a mission that the two nights to be out on the anbod.

Wiersholm shows among other things a forskrifta to the law and that it is the exception for financial services in his reasoning that it was not necessary to lay the assignment out on the anbod.

the hotly contested conclusion

the Conclusion from Wiersholm is knit in conflict with how lawyer Harald Alfs look at the case. Alfs who is an expert on public procurement, in an interview with Bergens Tidende usamd in the conclusion that the mission not konkurranseutsetjast.

Lawyer Bjørg Ven, who also is an expert on public procurement and NRK have talked with, think on the side that it was not the need to put the contract out on the anbod.

Experts are, in other words, disagree. The county’s kontrollutval is now in full swing with a separate investigation of the case. With the help of the company Deloitte to kontrollutvalet find out about the county breaking the Law on public procurement and konsulentane was hired the.

Thank you for the mission

18. march 2014, the same day the Wiersholm concluded that the mission not konkurranseutsetjast, write Inge Spots Bartnes in Wiersholm to fylkesrådmannen.

In the letter, is called it among other things: “We are grateful that you have chosen us in the mission set forth below, and are delighted to be able to confirm the following conditions for the mission.”

Having to cover catering

In a six pages long type divided into 18 master point goes up how Wiersholm will have it. It goes between anna noted that the county must pay on forskot. In section 3.4, called it: “In addition to the fees we will charge the client for any expenses we incur in connection with the assignment, for example, set-up charges and the expenses of the registersøk, budsendinger, travel, hotel, catering or translation.”

2500 nok hour plus vat

Also, the company DHT Corporativ Services was engaged by the county, and was the mission the same day, the 18. march 2014. In a note with the overskrifta “Appendix 2, oppdragsvilkår” goes between anna, evidence that the company should have a timebetaling at 2500 nok exclusive vat.

Got 16,5 million for wrong advice

Konsulentane have so far been for 16.5 million for advice, advice that would prove to be wrong. Konsulentane rådd namely the county to sell the shares in Fjord1 to the facility, something the Competition has stopped. In a deal with the county due the facility to cover most of the konsulenutgiftene if the Competition authority chose to stop the purchase.

the County sold recently holding their supply-reiaren Per Sævik from Sunnmøre.

Would reengasjere konsulentane

Wiersholm and DHT Corporativ Services helped the Sogn and Fjordane county in 2011 in connection with the current eigarprosessen in Fjord1. This is the view used as the reasoning for selecting just these companies also in 2014.

In an e-mail from the legal chief Svein Hågård in the county to NRK dated 3. February in the year he writes among other things, the following: “Wiersholm and the DHT felt so good to sakskomplekset from before and it was therefore desirable for the county to continue to use these konsulentane”.

tight-lipped fylkesrådmenn

Fylkesrådmann Tore Eriksen is tight-lipped when NRK confronts him with the matter.



Fylkesrådmann Tore Eriksen wish not to answer on why the law firm Wiersholm was leigd in to find out about consulting in Fjord1-the suit had to be out on the anbod. Wiersholm was the mission after that the company even stated that konkurranseutsetjing was unnecessary.

Photo: Bård Siem / NRK

Why was Wiersholm leigd in to find out if one should put the contract out on the anbod?

– This concern I will take up in connection with kontrollutvalet say treatment of the issue, he says.

in the Past you have been open on that the county asked Wiersholm for advice and that you supported you on this conclusion. Why will you not do the same now?

the Question of whether we have followed the laws I will care for me, but when kontrollutvalet have taken the matter lies she there. Therefore I will answer kontrollutvalet first, he says.

DHT Corporative Services want not to comment on the suit. Neither Wiersholm want to comment on the suit.

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Thursday, September 22, 2016

According to the government prioritizes the Western front of the Oslo – TV 2

to get more people in work will the city council in Oslo suggest to use 10 million extra on tiltaksplasser next year.

we do this because we need to get done something that so many are outside the labour market. People need a job, then we solve many problems at the same time, ” says commissioner for industry and ownership, Geir Lippestad (Ap).

Yesterday Raymond Johansen believes there is anything Oslo has to do because the government has given priority to the unemployment on the west coast in front of the unemployment in the capital.

– They have at least not had the focus that we have just as much unemployment in the districts in Oslo that we have on the west coast. We can turn fast, says Johansen to the TV 2 News.

High unemployment

the Labour party draws up ledighetstallene in the Søndre Nordstrand (4,8%), Old Oslo (4,2%), Alna and Stovner (both 4,1%) as examples of that unemployment is not a problem exclusively on the west coast.

– We also need support from the government. Districts with equally high ledighetstall as municipalities on the west coast is a serious social problem, believes that Johansen.

the city Council, writes in a note that it cannot be so that someone who has lost their job in the renholdsbransjen and lives in Oslo east is worth less than one who has lost his job in the oil industry and lives in Stavanger.

– do Not track in your own city

the ministry of Labour and sosialminister Anniken Hauglie (H) denies that the government only prioritizes the unemployed on the west coast and ignoring the problems in the rest of the country. She believes Raymond Johansen impossible may have put themselves firmly into the unemployment rate.

It is obvious that Raymond Johansen does not have a good overview of the situation in Oslo, and how the reality is now when it comes to the unemployment rate, ” says Hauglie.

Hauglie refers to the nav’s figures for august, where it is stated that unemployment in Oslo has fallen in the last year, that 12 of the 15 districts in the capital are experiencing a decline in the unemployment rate and that there is also a decline in the Raymond Johansen mentions as examples.

Use tools

Hauglie don’t think it needs any extra stimulus package for Oslo now.

” We have strengthened the number of tiltaksplasser, we have several social policy initiatives and we have strengthened the finances of the municipality significantly. This also comes from the municipality of Oslo owed, so it is only for Raymond Johansen to take in use the tools located there, ” says arbeidsministeren.

But Raymond Johansen believes the capital city has very large challenges.

the Needs are huge so we need simply money to targeted measures, ranging from language instruction to low-threshold, ” says Johansen.

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Wednesday, September 21, 2016

Proposal from the EUROPEAN commission can give the banks more power – Today’s Business

Banks

And a total disarmament of supervision, according to the analyst.

the Article is added to your reading list.

A proposal from the EUROPEAN commission can give the banks more power to the banks compared with regulators over capital requirements, writes Bloomberg News Friday.

The european central bank has already followed the EUROPEAN commission’s guidelines on splitting the requirement of binding and non-binding capital requirements that reduce the burden for banks in the eurozone. According to the news this reduces the likelihood that banks receive utbytterestriksjoner and restriction on kupongutbetaling on fondsobligasjoner.

What this boils down to is a total disarmament of the audit. It makes it impossible for the authority to set capital requirements for any type of risk that has not yet materialized, ” says analyst Christian Stiefmueller in Finance Watch to Bloomberg News.

In a note, writes the EUROPEAN commission that pillar 2 requirements can only be introduced by the supervisory authorities if certain conditions are met. Instead of providing a framework that gives the government the opportunity to go further in to require additional capital requirements, suggests the EU commission to a given list of regulations they must follow.

Follow the markets with DN Investor

Listen DNs podcast: It is full guy in the real estate market. Much evidence suggests that the financial supervisory authority of norway will propose to tighten further.

Recommended by the DNtv:

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Tuesday, September 20, 2016

Municipal dyslexia – Namdalsavisa

Opinions

the World health organization defines dyslexia as a disease that involve difficulty in learning to read despite conventional instruction (Wikipedia).

There have recently been several newspaper article about Overhalla municipality’s processing of the latest application from the Moamarka Montessoriskole.

Facts in short:

In the rådmannens saksframlegg was the new application is not attached. However, there was a previous application from 2014, clearly marked with the year 2014 on each page. The case was heard in the executive committee and municipal assembly without any of the council of 21 members or the chief councilor acted on the error.

Rådmannen seems far more concerned to belittle/to explain away their own mistakes than to take responsibility and ensure the quality of the municipal saksprosesser.

In addition, the mayor and the deputy mayor in advance of the meeting with representatives of the school board informed of changes in relation to the earlier applications.

the Treatment of the municipal council was done in less than one minute. (Video from 20.06.16)

About this saksbehandlingsfeilen had been a random time only, it would be a mitigating circumstance, but it is not the case.

In the first application from the Montessoriskolen processed in 2013, was the economic consequences in rådmannens recommendations to the presidency is calculated to 8.2 million. (For comparison, the estimated in consideration of the latest application of 2.5-4 million.)

Number 8,2 million were indiscriminately turned up in the NA and helped to create a totally wrong impression of the level of cost.

Rådmannens lack of knowledge about financial matters at the establishment of the private school he was made aware after the current formannskapsmøtet.

the Undersigned was chosen as the messenger of allah to announce rådmannen error in his calculations. It was a strange but instructive experience:

Rådmannen reacted with to be pottesur. The mayor was also present, first, easily annoyed, but ended smiling with a handshake and thank you. Exemplary!

For subsequent kommunestyremøte was a corrective note from rådmannen where understand the basis of calculation was used.

In the treatment montessoriskolens four applications, it is half clear case of procedural error.

A breakdown rate of 50.

My conclusions of the experiences with Overhalla kommune:

– There are big differences in the professional acidity, and professional courtesy.

– Kvalitetssikringsnivået in the municipal proceedings is dangerously low.

the Citizens’, especially a mindretalls rights are poorly maintained. The preparation of the documents which has required a lot of time and energy is not read before the decision is made.

– Rådmannen seems far more concerned to belittle/to explain away their own mistakes than to take responsibility and ensure the quality of the municipal saksprosesser.

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Monday, September 19, 2016

The technology was an international role model. Now trout in the river make it … – Tu.no

The old industrial buildings in Nydalen north of Oslo is the last decades has been replaced by modern buildings, where institutions such as BI, Statnett and local security services and have moved in.

When new Nydalen was built, selected developer Avantor using geothermal, heat pumps and cooling with geobrønner and heat exchange against walk.

This was seen as groundbreaking technology was highlighted as a model internationally, and received support from Enova.

Fears fish mortality

Now, however, stricter environmental standards for emission of hot water in the Aker River, to avoid killing trout and salmon, make your project a loss drains for Avantor.

the problem started after Avantor and its wholly owned subsidiary Nydalen energy in 2011 applied to expand energy plant.

When would, including building a new refrigeration plant of 13.5 MW, also it with heat exchange against walk.

Strict building regulations and many data centers have in fact done that it is now used almost as much energy for cooling as for heating in Nydalen.

Norway Water Resources and energy Directorate (NVE) approved the application and gave permission to raise the temperature of the river by up to 0.7 degrees. It was not given any limit to how warm the river could be.



Got upper limit

So put Nydalen Energy started building the plant, was completed in April 2014.

in the meantime, in 2013, NVE adopted requirement that walk not can be used for cooling when the river is warmer than 22 degrees, for the sake of salmon and trout in the river .

NYDALEN ENERGIS PLANT

  • Has two energy centers. Total installed capacity in the district heating plant: ca. 29 MW.

  •  
  • Total installed capacity in remote cooling: 13,5MW
  •  

  • Withdrawing water from Akerselva: 535 liters per second.
  •  

  • Total energy supply (heat): ca. 30 GWh per year.
  •  


  •  

    50 percent of energy used for heating and cooling of buildings in Nydalen, produced locally by Nydalen Energy.


     

  •  

  •  

    Renewables ratio is 75%, or 95% of the production stream to heat pumps counted as renewable.


     

  •  
Source: NVE and Nydalen Energy

About trout over longer exposed to temperature of 24.7 degrees or more, it is considered namely as deadly.

The salmon can tolerate more, between 27 and 28 degrees. High temperature also means that these species grow more slowly.

In 2014, the measured water temperatures of up to 25.5 degrees in Akerselva at Nydalen.

About the temperature additionally increases with two degrees as a result of heat dumping, would the temperature could reach 27.5 ° C.

NVE wrote in his explanation that they have assumed a precautionary principle, since there is little documentation on how high temperatures can kill fish.

County Governor of Oslo and Akershus in a separate decision, in July this year, set the same requirements.

– felted

CEO Roy Frivoll Nydalen Energy was very surprised by the decision by NVE.

– This is what we are simply nonsensical. The river is naturally 25 degrees some days, the summers with tropical nights. And who are we to be able to cool when it’s over 22 degrees, he says to TU.

The decision applies not only to the new center, but for the entire concession.

– What we have been allowed to deliver in 10-15 years in the first panel , we thus suddenly not allowed anymore, says Frivoll.

 manager Roy Frivoll  Nydalen energy h & # xE5; per government will  turn around and allow energy exchange with Aker  River from the new energy plant (in the  background) also & # xE5; p & # xE5; the  hottest days of the summer.
Daily manager Roy Frivoll Nydalen energy hopes the government will turn around and allow energy exchange with Aker River from the new energy plant (in the background) also on the hottest days of the summer. Photo: Øyvind Small

– But will not heat dumping affect populations of trout?

– Just at the point where the discharge occurs. But it is not detected any significant impact on these temperaturutvekslingene. Although mixing into hot water, it absorbed just below. Moreover, says the trout in the river when it is demonstrably higher temperature. The point is that the then pulls to places where it flows into colder water. We have never observed fish kills or some drawbacks with the solution here, says Frivoll.



Took old rights

He stressed that Aker River has been used for cooling for a long time, of industrial companies now large set is closed. Nydalen Energy acquired those rights.

Christiania Spigerverk, which laid down its production in Nydalen in 2010, for example, had permission to raise the water temperature by up to 2 degrees precisely where Nydalen Energy now emit its warmth. They had no upper limit for the water temperature in the river.

Frivoll says that the overall impact on the Aker River from the new center will be larger than previously.

– We think it’s bad that the rights they have had since ancient times is suddenly torn away. It says something about our predictability and how they must think that private developer to come when one is subjected to such public risk. We have gained international recognition as one of the major environmental technological solutions, and then plucked it away from us again overnight, he said.



– Makes development unprofitable

– But you should not assume that environmental regulations become more stringent as the years go?

– to an extent. We understand that there are new requirements for cleaning pipes and whatever. But there is a difference between that and turning your legs under all that you are doing, says Frivoll.

In order to fulfill the requirement limit of 22 degrees, Nydalen Energy build two tall cooling tower at the end of the new heating plant the river and walking path along the river.

The towers will be over five meters high, and costs according Frivoll totaling about 15 million. It will account for about 15 percent of the new energy panel’s total cost, approximately NOK 100 million.

– Had we known what we now know, did not have the new energy center has been built. It had not been profitable with the decision that is now available. Then it would have instead been traditional solutions in each building, with cooling power, dry coolers and traditional solutions that are less environmentally friendly, says Frivoll.

If the two cooling towers (gas coolers) are built, they will together spend about 350 kW power when running at full power.

– Impossible with energy wells

It will according Frivoll not be possible to use energy wells to ensure the cooling load.

– The original energy center has 200 energy wells. If we were to compensate this with wells, we had had a thousand wells. The effects are too great. It would impound area equivalent to several football fields. So large areas we have not, he said.

Frivoll think the proposed solution is very environmentally friendly.

– The options are much worse, not only economically, but also environmentally and aesthetically, he said.

the county governor writes in its decision that the limit of 22 degrees is needed as a safety margin in case of human error.

– We are probably vulnerable to one here takes more account of symbolic value and precautionary principle in that it is precisely this river, in the middle of Oslo, says Frivoll.

– So you do not think it would have been the same outcome this was an unknown river in another part of the country?

– no, there would probably not received the same attention, and the opinions of the authorities would have been different, says Frivoll.

PST and Statnett

there is an emergency measure for the cooling system, and it is to go over to use cooling water from the drinking water system.

However, if the solution were to fail, or at droughts and lack of drinking water, would data rooms may overheat and buildings had to be abandoned because of overheating, points Nydalen Energy’s appeal of NVE’s decision.

 Statnett's  headquarters (pictured) and PST offices in Nydalen  in Oslo f & # xE5; r kj & # xF8; ling  from Nydalen Energy, but permission for heat  dumping in Aker River b & # xF8; r tightened  for & # xE5; shun & # xE5; fisked &  # xF8; d think NVE and the County.
Statnett headquarters (pictured) and PST offices in Nydalen in Oslo receive cooling from Nydalen Energy, but permission for heat dumping Akerselva should be tightened to prevent fish kills, believes NVE and the county governor. Photo: Statnett

Petroleum and energy (MPE) has not yet processed the appeal but gave the decision suspensive effect to the appeal is decided. Thus, the limit of 22 degrees has not yet entered into force.

Ministry justified the suspensive effect of the Nydalen Energi supplies cooling to “important social institutions that Statnett and Police security service, “and that these are particularly dependent on cooling to their computer room.

As part of the appeal has Nydalen Energy gained Norwegian Energy to make a note of the Ministry of temperature measurements in Akerselva from summer 2014.

the paper concludes that the temperature drops down into the river. While the highest temperature in the upper course of the river, at the end of Maridalsvannet was 27.0 degrees, was the only 25.5 degrees at the start of Nydalen.

The reason why the temperature drops, can according to the note being inflows of surface water and groundwater. Thus mean Frivoll NVE and the county governor has exaggerated the risk of fish kills.

– The report was surprising. It’s a totally changes the conditions for all logic that is previously assumed from NVE and others about how temperature impacts to the river was, says Frivoll.



Dismissing criticism

Senior Adviser Terje Wivestad at County Governor of Oslo and Akershus reject the report from Norwegian Energy that river gets colder farther down because of groundwater inflow, making the decision is made on an incorrect basis.

He believes this was something the County and NVE have known to.

– We have particularly focused on the negative effects on a limited area, where the warm water dumped. But we have also supported us on papers from the University of Oslo, University of Oslo, that this will provide an increase for the entire river. It is clear that the temperature will slow down in the river, he said.

– But when it gets too hot, will the fish go somewhere where the water is colder?

– why we have allowed heat emission. We have said that the river can be used within certain conditions, but when you know that the fish receive avoidance and that the population of trout and salmon can be reduced, so the University writes in his report, we believe one should use the precautionary principle. It is true that we have not experienced fish kills in summer 2014 when the water measured 25.5 degrees. But we are concerned that when to add two degrees atop it and get 27 to 28 degrees, begins even salmon to get trouble. When we believe that one should use other known technology within cooling solution that short period the river can not be used, says Wivestad.



– This must Avantor expect

– Avantor believes they built the entire project based on this heat exchange, the rights are acquired from Christiania Spigerverk who lived there before, and that the requirement from the authorities will have dramatic consequences that are not in line with the disadvantages to be avoided?

– When the government gives permission with conditions, there may be terms which give an economic cost to the developer. It’s nothing new. We are aware of the economic conditions, yet we have undertaken a cost / benefit analysis, where we think life in the river must be safeguarded. This means a developer must expect. It is no different than others who have already invested and that will get tighter.

– Avantor believes that there was something in the original licensing decision by NVE in 2012 that gave the basis that it would get an upper temperature limit?

– You did not have documentation on the effect of heat dumping in Aker River, and we recommended when NVE imposing Avantor to make a report on action. Then came UiO report, which provided new knowledge. Such process has been, Avantor has been very aware of the concern related to the temperature of the river by heat dumping and aware of the risks of stricter requirements. The comments from user groups Oslomarka Fiskeadministrasjon, district Bymiljøetaten in Oslo and from the County are all in agreement that this here it is important to be careful and make demands. This should Avantor taken into account in their planning of cooling the solution, said Wivestad.



New environmental times

He stressed that Christiania Nail Works concession to heat dumping Akerselva was given at a time when the river was used to discharge sewage and chemicals.

– the river was seen in an entirely different way than we do today. Today the goal is that it will be used more for recreational purposes, recreation and fishing and, according to EU Water Framework Directive have good ecological status. When Spigerverket let down in 2010, we thought that the new license should be based on the revised objectives of the Aker River, and take into account the large investments mainstream society has done to improve the river’s condition. I mean Avantor should have been able to orient themselves in relation to this and taken environmental responsibility, says Wivestad.



 manager Roy Frivoll  Nydalen Energy believes there are ugly & #  xE5; placing two kj & # xF8; look & #  xE5; rn right on the hiking path along the Aker  river in Nydalen. & # xA0;
Daily manager Roy Frivoll Nydalen Energy believes there are ugly placing two cooling towers right on the hiking path along the Aker river in Nydalen. Photo: Øyvind Lie

He cites solution to cooling and heating needs of development at Vulkan, the Food Hall and Bellona office by the Aker River farther down, as examples.

– You of storing excess heat from the buildings in the summer in the ground that are brought into use during the cold season. To dump heat for Walk is really unnecessary waste of resources, says Wivestad.

– Avantor believes it gets ugly building two cooling towers right on the hiking trail?

– Cooling towers will be built on the west side of the Aker River, up towards ring 3. there is already a tower of 28 meters. The towers will only be in operation for perhaps a few weeks, during the summer, says Wivestad.



Emergency

He believes the towers in any case should have been built for the sake of preparedness.

– If we get a drought like in 2006 when the water level dropped to 250 liters per second in seven months because of drinking regard to Oslo via Maridalsvannet, and they have a need for 530 liters per second, what do they then? There may be times when they need to use the cooling tower breakdown or servicing. I find it odd that they have not already built cooling towers or planned alternative cooling, but instead take the risk, says Wivestad.

He does not deny that the case could have had a different outcome if the river was in no man’s land.

– You could say that Aker River is a small river systems. But it has very large user interests and a rich biodiversity. Walk is probably in a unique position with a view to applying the precautionary principle and be restrictive. This is right, when we look at how much you have invested in Akerselva to lift it up to where it is now, he said.



– Have backups

Roy Frivoll denies that cooling towers should be built of readiness, and points out that they have already installed backup system of drinking water supply.

– In addition, all critical lessees computer room also Town water backup. This, we inform all clients must have, in the event such as pipe rupture in the street, he said.

Moreover, the energy company devote to supply computer room above offices and allow temperature changes over shorter periods, underscores he said.

the reason that both the County and energy and watercourse authorities NVE and OED has considered the matter, is that the both come under the energy and the pollution control legislation.

OED says that the hearing the case, and therefore can not comment on it.

NVE would not comment on criticism from Nydalen Energy, and also show that the case is to appeal.

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Wednesday, September 14, 2016

The technology was an international role model. Now trout in Aker River … – Tu.no

The old industrial buildings in Nydalen north of Oslo is the last decades has been replaced by modern buildings, where institutions such as BI, Statnett and local security services and have moved in.

When new Nydalen was built, selected developer Avantor using geothermal, heat pumps and cooling with geobrønner and heat exchange against walk.

This was seen as groundbreaking technology was highlighted as a model internationally, and received support from Enova.

Fears fish mortality

Now, however, stricter environmental standards for emission of hot water in the Aker River, to avoid killing trout and salmon, make your project a loss drains for Avantor.

the problem started after Avantor and its wholly owned subsidiary Nydalen energy in 2011 applied to expand energy plant.

When would, including building a new refrigeration plant of 13.5 MW, also it with heat exchange against walk.

Strict building regulations and many data centers have in fact done that it is now used almost as much energy for cooling as for heating in Nydalen.

Norway Water Resources and energy Directorate (NVE) approved the application and gave permission to raise the temperature of the river by up to 0.7 degrees. It was not given any limit to how warm the river could be.



Got upper limit

So put Nydalen Energy started building the plant, was completed in April 2014.

in the meantime, in 2013, NVE adopted requirement that walk not can be used for cooling when the river is warmer than 22 degrees, for the sake of salmon and trout in the river .

NYDALEN ENERGIS PLANT

  • Has two energy centers. Total installed capacity in the district heating plant: ca. 29 MW.

  •  
  • Total installed capacity in remote cooling: 13,5MW
  •  

  • Withdrawing water from Akerselva: 535 liters per second.
  •  

  • Total energy supply (heat): ca. 30 GWh per year.
  •  


  •  

    50 percent of energy used for heating and cooling of buildings in Nydalen, produced locally by Nydalen Energy.


     

  •  

  •  

    Renewables ratio is 75%, or 95% of the production stream to heat pumps counted as renewable.


     

  •  
Source: NVE and Nydalen Energy

About trout over longer exposed to temperature of 24.7 degrees or more, it is considered namely as deadly.

The salmon can tolerate more, between 27 and 28 degrees. High temperature also means that these species grow more slowly.

In 2014, the measured water temperatures of up to 25.5 degrees in Akerselva at Nydalen.

About the temperature additionally increases with two degrees as a result of heat dumping, would the temperature could reach 27.5 ° C.

NVE wrote in his explanation that they have assumed a precautionary principle, since there is little documentation on how high temperatures can kill fish.

County Governor of Oslo and Akershus in a separate decision, in July this year, set the same requirements.

– felted

CEO Roy Frivoll Nydalen Energy was very surprised by the decision by NVE.

– This is what we are simply nonsensical. The river is naturally 25 degrees some days, the summers with tropical nights. And who are we to be able to cool when it’s over 22 degrees, he says to TU.

The decision applies not only to the new center, but for the entire concession.

– What we have been allowed to deliver in 10-15 years in the first panel , we thus suddenly not allowed anymore, says Frivoll.

 manager Roy Frivoll  Nydalen energy h & # xE5; per government will  turn around and allow energy exchange with Aker  River from the new energy plant (in the  background) also & # xE5; p & # xE5; the  hottest days of the summer.
Daily manager Roy Frivoll Nydalen energy hopes the government will turn around and allow energy exchange with Aker River from the new energy plant (in the background) also on the hottest days of the summer. Photo: Øyvind Small

– But will not heat dumping affect populations of trout?

– Just at the point where the discharge occurs. But it is not detected any significant impact on these temperaturutvekslingene. Although mixing into hot water, it absorbed just below. Moreover, says the trout in the river when it is demonstrably higher temperature. The point is that the then pulls to places where it flows into colder water. We have never observed fish kills or some drawbacks with the solution here, says Frivoll.



Took old rights

He stressed that Aker River has been used for cooling for a long time, of industrial companies now large set is closed. Nydalen Energy acquired those rights.

Christiania Spigerverk, which laid down its production in Nydalen in 2010, for example, had permission to raise the water temperature by up to 2 degrees precisely where Nydalen Energy now emit its warmth. They had no upper limit for the water temperature in the river.

Frivoll says that the overall impact on the Aker River from the new center will be larger than previously.

– We think it’s bad that the rights they have had since ancient times is suddenly torn away. It says something about our predictability and how they must think that private developer to come when one is subjected to such public risk. We have gained international recognition as one of the major environmental technological solutions, and then plucked it away from us again overnight, he said.



– Makes development unprofitable

– But you should not assume that environmental regulations become more stringent as the years go?

– to an extent. We understand that there are new requirements for cleaning pipes and whatever. But there is a difference between that and turning your legs under all that you are doing, says Frivoll.

In order to fulfill the requirement limit of 22 degrees, Nydalen Energy build two tall cooling tower at the end of the new heating plant the river and walking path along the river.

The towers will be over five meters high, and costs according Frivoll totaling about 15 million. It will account for about 15 percent of the new energy panel’s total cost, approximately NOK 100 million.

– Had we known what we now know, did not have the new energy center has been built. It had not been profitable with the decision that is now available. Then it would have instead been traditional solutions in each building, with cooling power, dry coolers and traditional solutions that are less environmentally friendly, says Frivoll.

If the two cooling towers (gas coolers) are built, they will together spend about 350 kW power when running at full power.

– Impossible with energy wells

It will according Frivoll not be possible to use energy wells to ensure the cooling load.

– The original energy center has 200 energy wells. If we were to compensate this with wells, we had had a thousand wells. The effects are too great. It would impound area equivalent to several football fields. So large areas we have not, he said.

Frivoll think the proposed solution is very environmentally friendly.

– The options are much worse, not only economically, but also environmentally and aesthetically, he said.

the county governor writes in its decision that the limit of 22 degrees is needed as a safety margin in case of human error.

– We are probably vulnerable to one here takes more account of symbolic value and precautionary principle in that it is precisely this river, in the middle of Oslo, says Frivoll.

– So you do not think it would have been the same outcome this was an unknown river in another part of the country?

– no, there would probably not received the same attention, and the opinions of the authorities would have been different, says Frivoll.

PST and Statnett

there is an emergency measure for the cooling system, and it is to go over to use cooling water from the drinking water system.

However, if the solution were to fail, or at droughts and lack of drinking water, would data rooms may overheat and buildings had to be abandoned because of overheating, points Nydalen Energy’s appeal of NVE’s decision.

 Statnett's  headquarters (pictured) and PST offices in Nydalen  in Oslo f & # xE5; r kj & # xF8; ling  from Nydalen Energy, but permission for heat  dumping in Aker River b & # xF8; r tightened  for & # xE5; shun & # xE5; fisked &  # xF8; d think NVE and the County.
Statnett headquarters (pictured) and PST offices in Nydalen in Oslo receive cooling from Nydalen Energy, but permission for heat dumping Akerselva should be tightened to prevent fish kills, believes NVE and the county governor. Photo: Statnett

Petroleum and energy (MPE) has not yet processed the appeal but gave the decision suspensive effect to the appeal is decided. Thus, the limit of 22 degrees has not yet entered into force.

Ministry justified the suspensive effect of the Nydalen Energi supplies cooling to “important social institutions that Statnett and Police security service, “and that these are particularly dependent on cooling to their computer room.

As part of the appeal has Nydalen Energy gained Norwegian Energy to make a note of the Ministry of temperature measurements in Akerselva from summer 2014.

the paper concludes that the temperature drops down into the river. While the highest temperature in the upper course of the river, at the end of Maridalsvannet was 27.0 degrees, was the only 25.5 degrees at the start of Nydalen.

The reason why the temperature drops, can according to the note being inflows of surface water and groundwater. Thus mean Frivoll NVE and the county governor has exaggerated the risk of fish kills.

– The report was surprising. It’s a totally changes the conditions for all logic that is previously assumed from NVE and others about how temperature impacts to the river was, says Frivoll.



Dismissing criticism

Senior Adviser Terje Wivestad at County Governor of Oslo and Akershus reject the report from Norwegian Energy that river gets colder farther down because of groundwater inflow, making the decision is made on an incorrect basis.

He believes this was something the County and NVE have known to.

– We have particularly focused on the negative effects on a limited area, where the warm water dumped. But we have also supported us on papers from the University of Oslo, University of Oslo, that this will provide an increase for the entire river. It is clear that the temperature will slow down in the river, he said.

– But when it gets too hot, will the fish go somewhere where the water is colder?

– why we have allowed heat emission. We have said that the river can be used within certain conditions, but when you know that the fish receive avoidance and that the population of trout and salmon can be reduced, so the University writes in his report, we believe one should use the precautionary principle. It is true that we have not experienced fish kills in summer 2014 when the water measured 25.5 degrees. But we are concerned that when to add two degrees atop it and get 27 to 28 degrees, begins even salmon to get trouble. When we believe that one should use other known technology within cooling solution that short period the river can not be used, says Wivestad.



– This must Avantor expect

– Avantor believes they built the entire project based on this heat exchange, the rights are acquired from Christiania Spigerverk who lived there before, and that the requirement from the authorities will have dramatic consequences that are not in line with the disadvantages to be avoided?

– When the government gives permission with conditions, there may be terms which give an economic cost to the developer. It’s nothing new. We are aware of the economic conditions, yet we have undertaken a cost / benefit analysis, where we think life in the river must be safeguarded. This means a developer must expect. It is no different than others who have already invested and that will get tighter.

– Avantor believes that there was something in the original licensing decision by NVE in 2012 that gave the basis that it would get an upper temperature limit?

– You did not have documentation on the effect of heat dumping in Aker River, and we recommended when NVE imposing Avantor to make a report on action. Then came UiO report, which provided new knowledge. Such process has been, Avantor has been very aware of the concern related to the temperature of the river by heat dumping and aware of the risks of stricter requirements. The comments from user groups Oslomarka Fiskeadministrasjon, district Bymiljøetaten in Oslo and from the County are all in agreement that this here it is important to be careful and make demands. This should Avantor taken into account in their planning of cooling the solution, said Wivestad.



New environmental times

He stressed that Christiania Nail Works concession to heat dumping Akerselva was given at a time when the river was used to discharge sewage and chemicals.

– the river was seen in an entirely different way than we do today. Today the goal is that it will be used more for recreational purposes, recreation and fishing and, according to EU Water Framework Directive have good ecological status. When Spigerverket let down in 2010, we thought that the new license should be based on the revised objectives of the Aker River, and take into account the large investments mainstream society has done to improve the river’s condition. I mean Avantor should have been able to orient themselves in relation to this and taken environmental responsibility, says Wivestad.



 manager Roy Frivoll  Nydalen Energy believes there are ugly & #  xE5; placing two kj & # xF8; look & #  xE5; rn right on the hiking path along the Aker  river in Nydalen. & # xA0;
Daily manager Roy Frivoll Nydalen Energy believes there are ugly placing two cooling towers right on the hiking path along the Aker river in Nydalen. Photo: Øyvind Lie

He cites solution to cooling and heating needs of development at Vulkan, the Food Hall and Bellona office by the Aker River farther down, as examples.

– You of storing excess heat from the buildings in the summer in the ground that are brought into use during the cold season. To dump heat for Walk is really unnecessary waste of resources, says Wivestad.

– Avantor believes it gets ugly building two cooling towers right on the hiking trail?

– Cooling towers will be built on the west side of the Aker River, up towards ring 3. there is already a tower of 28 meters. The towers will only be in operation for perhaps a few weeks, during the summer, says Wivestad.



Emergency

He believes the towers in any case should have been built for the sake of preparedness.

– If we get a drought like in 2006 when the water level dropped to 250 liters per second in seven months because of drinking regard to Oslo via Maridalsvannet, and they have a need for 530 liters per second, what do they then? There may be times when they need to use the cooling tower breakdown or servicing. I find it odd that they have not already built cooling towers or planned alternative cooling, but instead take the risk, says Wivestad.

He does not deny that the case could have had a different outcome if the river was in no man’s land.

– You could say that Aker River is a small river systems. But it has very large user interests and a rich biodiversity. Walk is probably in a unique position with a view to applying the precautionary principle and be restrictive. This is right, when we look at how much you have invested in Akerselva to lift it up to where it is now, he said.



– Have backups

Roy Frivoll denies that cooling towers should be built of readiness, and points out that they have already installed backup system of drinking water supply.

– In addition, all critical lessees computer room also Town water backup. This, we inform all clients must have, in the event such as pipe rupture in the street, he said.

Moreover, the energy company devote to supply computer room above offices and allow temperature changes over shorter periods, underscores he said.

the reason that both the County and energy and watercourse authorities NVE and OED has considered the matter, is that the both come under the energy and the pollution control legislation.

OED says that the hearing the case, and therefore can not comment on it.

NVE would not comment on criticism from Nydalen Energy, and also show that the case is to appeal.

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