Global market for biofuels, wind power, solar power worth >$188B. By '20, est. $349B. Smart grid systems by '20 est. to be another $46B, EV's $250B, geothermal power $35B. Hydro, nuke numbers not given.
$44.6M in farm bill funding awarded for biodiesel.
White House announced independent review of DOE loan guarantee program.
US court requiring new regulatory review of Cape Wind.
Alaska gov considering shipping state's NG to western ports for conversion to LNG to ship to Asia. I think they have to build a pipeline first. Why not just to Anchorage area for conversion?
France's GDF Suez signed deal with China Investment Corp for minority stake in LNG plant in Trinadad and Tobago and another deal with CNOOC to work on planned LNG floating storage/regas projects in China.
Clean E/energy efficiency projects will be priority in spending from a E69B EU fund from '14-'20 for national/regional govts unable to afford projects on their own. E9B earmarked for transmission networks. EU current budget for networks E163M.
BP's Russian oil venture agreed to buy 45% stake in Amazon oil exploration blocks from Brazil comp for $1B. Possible 789M bls of oil equivalents.
Vestas gave earnings warning for 3Q, hinted further production difficulties could affect full year results.
IEA: demand for OPEC oil will be 500kb/d higher in '12 than pumped last month.
Libya oil output almost at 1/3 - 531kb/d - of prewar levels. Resumption of production moving quicker than expected. 1M to go. That should cover IEA concerns, unless they've already figured that in. Is Libya still in OPEC?
Petro China will supply 25% more NG in coming winter-spring than last year.
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