Monday, January 9, 2012

STUFF

EDF subsid got 20-yr PPA from KC utility for 101MW wind farm near Dodge City. Online by year-end.

Comp building 300MW offshore wind project in Ontario chose Siemens turbines. Siemens has blade plant in Ontario.

Duke to build 400MW wind farm in TX, start 1Q. Online by year-end. Half Mitsubishi, half Siemens turbines.

$473B global energy asset transactions in '11.

Hormuz bypass oil pipeline delayed.

Statoil (Norway) reported 2nd big oil discovery in Barents Sea in less than a year.

Myanmar halting construction of $8B coal-fired plant because of enviro impact.

Exxon/DOI settled Gulf lease dispute.

Massive new rig to be built for deepwater GOM.

TX drought threatens last surviving whooping cranes as FAA grounded whooping crane-guiding ultralight flight.

Germany installed >2GW solar PV in Dec at $2.80/w. US installed 1.7GW in '11 at $5.20/w. Full-year Germans installed ~7GW after 7.4GW in '10.

Now we know why Obama cancelled Keystone pipeline. He can trade it to get clean energy grants, loans and such back.

Shell's offshore Nigeria oil production (250kb/d) back online last week after the spill. But pipelines damaged. Meanwhile, IMF had pressured Nigeria to give up $8B/y gasoline subsidy to citizens.

Indian state-run fuel retailers stand to lose $26B this year from selling diesel/cooking oil at state-set prices. I don't think that's going to fly much longer.

5 oil majors expressed support for oilpipe from Alberta to west coast.

OPEC produced >31mb/d in Dec, 1M over ceiling agreed to last month.

Deal for balance of Athabasca project marked 1st oil sands project to be fully owned by Chinese comp.

Project in Nevada will use molten salt thermal storage to extend solar plant's el production into night hours.

Russian oil output reached post-soviet high of 10.27bpd in '11, up from 10.15 in '10.

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