Cheyenne, WY considering 300MW $750M wind farm on city land 6 miles from town. Town stands to make $100M over 20-year lease and could possibly draw wind energy manufacturing.
Brazil now has ~1.46GW of wind elgen capacity. That's expected to grow near 8x by '14. 31GW expected by '25.
2nd floating offshore wind turb installed off Portugal. Seattle's Principle Power and a Portuguese utility assembled the 2MW turb onshore and towed it out to sea. 1st floating 2.3MW turb was installed off Norway over 18 months ago by Statoil.
KY Power installing $1B scrubber at Big Sandy coal plant. Limestone, urea removes SO2. To be done in '16. ~30% rise in bills for customers then.
OH top state for green schools.
Ozone levels spiked this year in TX. Would that be the drought? Increased fossil fuels drilling/fracking? Increased transportation exhaust?
Illicit sewage spills fouling Baltimore harbor.
Durban talks created "platform" for new climate treaty that could include all nations, not just developed. China indicated it might consider entering into legally binding climate treaty after '20. Wow, that's mighty yellow of them.
Western governors have hired consultants to help break permit backlog for long-distance power lines to harness pockets of wind/solar power intensity.
State Dept advancing review of US-Canada pipeline link to reduce NG flaring in Bakken.
Arcadian Networks was a startup that raised $90M for a utility smart grid biz built on access to private 700MHz wireless. But. The FCC license expired and Arcadian's major utility customer hasn't heard from them in a year. O well, what's $90M. Watch out for the charlatans, pards.
Global smart grid market worth at least $27B and potentially $49B.
Iraq said it won't terminate Exxon contract to develop S. Iraq oil as punishment for signing Kurd deal.
ENI and Shell awarded share of deepwater oil block off Nigeria, ending decade-long fight.
TNK-BP to increase oil production from Venezuela fields to 120kb/d by '12.
Iranian oil comp director said increased production from major domestic fields could boost overall output by 450kb/d by early '12. What the hell?! Everybody want more money or what?
Japan govt may inject $13-19B into TEPCO in defacto nationalization.
Cost of deepwater drilling increasing globally because demand for tech services exceeding industry capacity.
Venezuela - Chavez - says they would be open to negotiating with Exxon in dispute over nationalization of oil project. Do you sense things changing a little?
Autos in China shot past 100M mark.
Officials in Basra trying to cancel $17B Shell NG deal because they want bigger say. Baghdad has to deal with the regions. And the US coincidentally has a huge govt complex in Basra.
Korea National Oil may spend up to $4B in '12 buying overseas assets.
Range Fuels - cellulosic ethanol comp backed by $156M in US loans/grants in Bush years - being forced by govt to liquidate its only plant after failing to produce the fuel. O well, what's $156M.
Onward and upward, pards.
Monday, December 12, 2011
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