Covid-19 bludgeons SEPTA operating revenue as government support for the transit system withers

By Kennedy Rose  – Digital Producer, Philadelphia Business Journal

SEPTA is in a $350 million hole. 

That’s the depth of a budget shortfall the Southeastern Pennsylvania Transportation Authority is projecting for its fiscal 2021 year ending in June as Covid-19 bludgeons its revenue and government support for the transit system withers. SEPTA is now weighing cutting service lines, closing stations and raising fares as it struggles to plug the gap in its operating budget, and it could take years before ridership figures approach anywhere close to pre-Covid levels.

More than 20 million passengers rode SEPTA each month before the pandemic but ridership collapsed in the spring as people were cautioned to stay inside their homes. Ridership on the country’s seventh-largest transit system plummeted close to 90% in April and May, leaving buses and rail cars empty but costing SEPTA for each stop they made.

For the 2020 fiscal year, the transit authority took in $403.4 million in revenue, 24% less than the $527.8 million projected. SEPTA is now losing about $1 million each day in revenue, SEPTA General Manager Leslie Richards said.

“We would be collecting around $40 million a month, and we were lucky to get about $4 million this summer,” Richards said.

Leslie Richards is the general manager of the Southeastern Pennsylvania Transportation Authority.

Ridership picked up slightly as some Greater Philadelphia restrictions eased over the last eight months and people gradually returned to work.

Richard Burnfield, SEPTA’s deputy general manager, predicts it will take until the end of 2022 to get anywhere close to pre-pandemic ridership levels, or reaching 80% to 90% of the 20 million passengers per month. 

Covid-19 has also created an unprecedented reversal of SEPTA’s financial situation: Its capital budget is stable while its operating budget is in jeopardy.

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Hunterdon, NJ food bank receives donation of 33-KW rooftop solar

By Kelsey Misbrener , Solar Power World

The Flemington Area Food Pantry, serving Hunterdon County, New Jersey, celebrated and unveiled their brand new solar array installation with a ribbon cutting on Nov. 18 at the Flemington Area Food Pantry.

This project was made possible by a collaborative donation effort amongst notable solar industry leaders and community volunteers, each supplying their individual components.

Among all of the parties who contributed to make the installation a reality, the pantry has one in particular to thank — North Hunterdon High School student, Evan Kuster.

“As a volunteer at the Food Pantry, I was aware that they had a significant electricity expense for their refrigerators and freezers and thought that solar energy could save their budget,” shared Kuster, North Hunterdon High School student, Class of 2022. “My dad works at a solar energy development company called Merit SI, and he suggested we ask for donations to fund the system.”

So the Kusters asked, and solar industry leaders responded. Rallying around their vision of impact, a full slate of project partners including First Solar, OMCO Solar, SMA America and Pro Circuit Electrical Contracting signed on to the project. Collectively, they donated an entire solar installation to the pantry, relieving an annual electricity bill of $10,556 (2019). Now, the new 33-kW system allows those funds to be allocated towards the purchase of food for their community — enough to prepare 6,360 meals.

Jeannine Gorman, executive director of the Flemington Area Food Pantry, emphasized the gravity of this new asset. “Every dollar we spend on our electric bill is one less dollar we can spend on food for the community,” said Gorman. “We carry out our mission on a daily basis; it’s so motivational for us to know that professionals care enough to donate their time, talent and supplies to help us continue to serve our community’s needs.”

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NJ and regional grid operator PJM explore bringing wind power ashore

Offshore wind farm under construction

Tom Johnson reports for NJ Spotlight

New Jersey is joining with the nation’s largest electrical grid operator to try to answer one of the big questions in offshore wind: how to bring the power from wind farms to customers at an affordable cost.

The agreement with PJM Interconnection, a regional grid operator the state has often battled with in recent years, will allow the New Jersey Board of Public Utilities to open a competitive bidding process early next year to build transmission facilities for future wind farms.

Such an arrangement is viewed by state officials as potentially a more cost-effective and environmentally benign way of bringing the wind energy ashore. It could also result in the building of an offshore wind transmission backbone that would allow developers to wheel power to where demand is the highest, one of the biggest disputes in advancing the sector.

Costs of coming ashore

The issue of transmission costs — the expense of bringing electricity onshore and the upgrades needed to the current transmission systems to accommodate more power on their lines — is one of the biggest unknowns in offshore-wind development. The solution has big implications for ratepayers, who will pay for those farms.

A study earlier this year by the Business Network of Offshore Wind projected if all of the offshore wind farms proposed in New Jersey and four other coastal states are built, it would result in offshore transmission costs of between $15 billion and $20 billion.

For years, some companies have advocated building an offshore backbone wind-transmission facility, including a Google-funded initiative for one stretching from Virginia to New Jersey. Without support from states, however, the project has been shelved, although other companies have proposed building it.

In New Jersey, the state’s first offshore wind farm will be a 1,100-megawatt facility off Atlantic City developed by Ørsted. The company will build its own interconnections with onshore transmission facilities, a model to be used in next offshore wind solicitation later this year.

State officials said the new approach will help ensure New Jersey achieves the goal of 7,500 megawatts of offshore wind energy by 2035. “By exploring offshore wind transmission options … we’ll work collaboratively with PJM to identify potential solutions that meets the state’s needs and ensure the best value for ratepayers,’’ said BPU President Joseph Fiordaliso.

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Experimental drug Trump got to treat Covid-19 wins FDA clearance

Regeneron scientists work on an antibody drug that helps the immune system eliminate the novel coronavirus. (Regeneron/AP) (AP)

By Laurie McGinley and Carolyn Y. Johnson, Washington Post

The Food and Drug Administration on Saturday granted emergency authorization to the experimental antibody treatment given to President Trump last month when he developed covid-19, the disease caused by the novel coronavirus.

The drug, made by Regeneron Pharmaceuticals, is designed to prevent infected people from developing severe illness. Instead of waiting for the body to develop its own protective immune response, the drug imitates the body’s natural defenses. It is the second drug of this type — called a monoclonal antibody — to be cleared for treating covid-19. The FDA authorized Eli Lilly & Co.’s drug on Nov. 9.

Regeneron’s drug is a cocktail of two monoclonal antibodies, called casirivimab and imdevimab. The FDA said in authorizing the cocktail that it may be effective in treating mild to moderate covid-19 in adults and children 12 or older, and is indicated for those at high risk of developing severe illness. Doctors hope the drugs will keep those patients from being hospitalized.

But Regeneron’s antibody treatment is expected to be in short supply.

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Despite soaring coronavirus numbers, U.S. holiday travel is surging

Despite warnings, travelers flock to Chicago airport ahead of Thanksgiving Despite surging coronavirus cases and warnings from officials across the country, many travelers were seen at Chicago’s O’Hare International Airport on Nov. 20. (AP)

By Derek Hawkins and Hannah Knowles

Total coronavirus infections in the United States have topped 12 million, and cases are approaching 200,000 in a day, as health experts warn of an alarming new stage in the pandemic’s spread while Americans embark on holiday travel that could seed more outbreaks.

A fall wave of the virus ushered in by colder weather is only worsening, outpacing expansions in testing and making new nationwide records routine. The country passed 11 million cases just a week ago, and daily infections are on track to double since Nov. 4, when they exceeded 100,000 for the first time.

As Anthony S. Fauci, the country’s top infectious-disease expert, put it recently on MSNBC: “It’s almost exponential when you compare the curves in the spring and the curves in the summer with the inflection of the curve where we are right now.”

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