Tag: Napoleon

Enbridge and partners aim to build 600mn Ontario power line

TORONTO — Enbridge Inc., a U.S. power producer and a major pension fund want to develop a new power transmission line in northern Ontario.The three companies, through a joint-venture called NextBridge Infrastructure, aim to bid on the opportunity to build the Ontario East-West Transmission Tie.The line would run between Thunder Bay and Wawa, Ont., and is expected to come into service as early as 2017.The 400-kilometre, 230-kilovolt line is estimated to cost $600-million, according to an Ontario Power Authority report.Calgary-based pipeline and utility giant Enbridge and Borealis Infrastructure, an arm of the Ontario Municipal Employees Retirement Service, are seeking regulatory approval to buy part of Upper Canada Transmission.Upper Canada Transmission is a subsidiary of NextEra Energy, a power producer based in Florida.“The proposed Ontario East-West Transmission Tie is expected to increase reliability, allow for the retirement or conversion of northern coal facilities and increase the ability to develop renewable generation in the region,” the partners said in a release.If they’re selected, the partners plan to develop, build, own and operate the line under the Ontario Energy Board’s regulatory oversight. read more

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Vinyl albums outsell digital downloads for the first time

first_imgAmy Winehouse's album made the vinyl chart The Record Store Day initiative has given a boost to vinyl They were once thought entirely out-of-fashion, the preserve of men of a certain age nostalgic for the rock bands of their youth.But vinyl records have enjoyed such a resounding comeback they have now overtaken digital sales for the first time.Last week saw more albums bought on vinyl than downloaded digitally, in a moment hailed by the industry as a “tipping point”.While £2.4 million was spent on physical records, just £2.1 million went on downloads as devotees of digital swap ownership for streaming services. Amy Winehouse’s album made the vinyl chart Nirvana’s Never Mind is enjoying a resurgence on vinyl Pink Floyd’s Animals made the vinyl charts Pink Floyd's Animals made the vinyl charts The top ten vinyl sales included several new releases on vinyl: Metallica’s Hardwired to Self-Destruct, Pink Floyd’s Animals, Live at the Hollywood Bowl from the Beatles, and the soundtrack to Stranger Things by Kyle Dixon and Michael Stein.Amy Winehouse’s Back to Black, the Guardians of the Galaxy soundtrack and Nirvana’s Never Mind also made an appearance, far more popular on vinyl than in any other medium.The top ten downloads saw Now That’s What I Call Music 95 reach the number one slot, with songs by Little Mix, Bruno Mars, Dodie and Emile Sande joining various compilations.center_img Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. The only overlap between the two charts was Metallica, which reached number one on vinyl and number four on download.Kim Bayley, CEO of Entertainment Retailers Association which compiled the figures, said they had noticed more teens and 20-something shoppers buying vinyl, adding to the 40+ male demographic. The same week last year saw £1.2m spent on vinyl and £4.4m on digital, according to the Entertainment Retailers Association.Experts attributed the change in part to the run up to Christmas, which will see more people purchase physical albums as gifts for family and friends.But they also pointed to a sea change in the retail experience, which has seen vinyl go on sale in supermarkets as well as more traditional specialist record shops.  The Record Store Day initiative has given a boost to vinyl While the Christmas shoppers did have an effect on last week’s chart, she said, there had been a steady rise in vinyl sales over the last few years, with a particular boost after supermarkets began stocking them on the shelves.“It’s all part of a longer-term trend in the desire to own vinyl,” she said. “People have rediscovered it and the retail landscape has changed.” Nirvana's Never Mind is enjoying a resurgence on vinyllast_img read more

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