Tuesday, November 15, 2011

STUFF

Anadarko plans expansion in Colorado shale.

TransCanada agreed to reroute Keystone XL pipeline around Nebraska Ogallala aquifer.

Who doesn't like clean energy storage or energy consumers' rights to know what their power costs? Congress. 2 more bills stuck in their dam deadlock.

Only half of $13B spent annually at 16 fed energy labs goes to actual research. Ratio "out of sync": DOE's IG. DOE budget $24B/y. $6B/y spent on cleaning up pollution left over from nuke weapons production.

BioAmber filed for $150M IPO. Bio-succinic acid. Don't ask me. Last year lost $12M on no revs. But say they can compete with $35/bl oil and $6.50/bu corn. Plant in Ontario, plans to build 2 more, one in Thailand, one in US or Brazil. Expect revs in 1Q12. Raised $76M privately already.

Joule ready to start construction on biofuels demo plant in NM. Plans to convert sunlight and CO2 waste into biofuel. Online in '12. Renewable diesel, ethanol.

ADM announced plans to build 70M gal/y biodiesel plant in Alberta. Would increase its N. Am. biodiesel production capacity 50%. Also expanding adjacent canola crushing facility. Online end of '13.

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