Latest report that Saudis have increased production by .5mbpd. (Their "day of rage" on the morrow). Kuwait, UAE, Nigeria reported to be adding another .3mbpd. That covers half of Libya's previous production and most of its previous exports. EIA members hold stockpiles equiv. to 3 yrs of Libyan exports. I did the math. ~1.1B bls. Maybe a little more.
EIA raised forecast of avg '11 price of WTI from $93 to $102. Avg. cost of crude to refiners raised from $91 to $105 (figures in Brent I think). Forecast retail gas price avg. of $3.71 this summer.
US solar sector grew 67% in '10. $6B, up from $3.6B, 956MW, 878 of that PV, the rest CSP. That says ~$6/W. Pretty steep. 5% of global installs, down from 6.5% in '09. 17GW global. Forecast for US installs to double in '11. 41 CSP projects - 9GW - under development. US production of solar modules up 62% in '10. Wafer production up 97%, solar cells up 81%. 3 solar plants closed in '10 - BP's in MD, SpectraWatts' in NY and ESLR's in MA. 3 to be built in '11 - by Wacker Chemie, Flextronics and Stion.
Gevo bought an ethanol plant in MN to convert it to isobutanol production. 18M gal./yr. Easily converts into butylene, in short supply, usually made from oil. Gevo recently raised $100M, plans to buy more eth plants. Also university research into butanol from bacteria. BP, DuPont partners in the biz too.
India has >7GW tidal power potential. Where there's coast ...
MIT working on liquid metal battery using molten antimony and magnesium with electrolyte between. A shot at being cheaper than sodium/sulfur batts. $7M from ARPA-E, $4M from Total. Now spun out into Liquid Metal Battery Comp.
IBM selected by Progress Energy (soon to be Duke) as lead systems integrator (software, etc.) for $520M smart grid project at utilites in Carolinas and FL. $200M stimulus grant from DOE.
And that is pretty much the that.
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