Thursday, October 13, 2011

STUFF

Global NG demand projected to be 194TCF/Y within 2 decades. 60% higher than present. China will be using as much as the EU does now. India's demand will quadruple. Middle East's will double.

Latest estimate for Marcellus shale gas is 84TCF. ~14% of current US NG production is from shale gas deposits.

China, Russia sinking billions into joint investment fund united against US dollar.

AWS Truepower got $900K DOE grant to help establish offshore wind energy data network.

Deepwater Wind to buy 5 6MW Siemens turbines for a $200M+ wind farm off Block Island RI. Block Island burns diesel for el. Siemens said it would take pipeline of 1GW/y for 5-10 yrs to build a US plant. NJ's Offshore Wind Development Act called for a 25MW pilot project. Fisherman's Energy going for it by yearend. Total US wind installs >40GW. ~21% of global capacity. Zero offshore.

Senate Repubs - McCain and Paul - set to intro jobs plan with energy focus. And a surprise vote in Congress on plan to sell DOE HQ.

US approved French uranium enrichment facility in Idaho.

S. Korea's KOGAS signed deal with Iraq to develop oil field near Syria.

BP to develop N. Sea oil field.

US sueing Transocean for alleged failure to cooperate with investigators.

Solyndra CEO stepped down.

District court dismissed EPA case against PA coal plant pollution.

Crude, containers washing up onto NZ beaches.

Virgin plans to capture, chemically treat gas waste from steel production and convert it to avfuel.

Fluor bought majority stake in NuScale - small modular reactor developer. Gates'?

61% of Americans unaware of energy efficiency incentives. So there's only 39% truly Americans?

ELON partnered up with a Brazil comp to break into Brazil smart meter market.

IEA actually cut '12 oil demand estimate by 210kb/d. And then there was that Iranian plot to assassinate the Saud ambassador and subsequent US sanctions on Iran.

Pike Research: global biofuels market could reach $185B by '21. $80B now.

US ethanol production late Sept 863kb/d.

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