EIA now says only 141TCF of NG can be recovered from Marcellus. Last year's estimate was 410. Got that, pards? Recalculate. Will that be the same result for the other new NG fracking basins? It's big news.
Iberdrola commissioned 102MW wind farm in Mexico. Gamesa 850kw turbines. Iber also got Euro 135M contract for Poland wind farm.
U of Buffalo says adding quantum dots into solar cells could increase efficiency 45%.
Petroplus - Europe's largest independent refiner - filed for bankruptcy. Hundreds of thousands b/d of gasoline is shipped to US east coast from Europe. With other east coast refiners shutting down this year, I would expect US easterners to get pump shock this year. Hopefully not. But ...
IMF research: global elite and criminals hiding $18T in offshore bank accounts. 1/3 of world wealth. Doesn't even include Switzerland. Estimated 80% of intl banking transactions go through these banks.
French maker of oil/gas drilling supplies investing $650M in OH steel mill to produce pipes for fracking. 350 jobs. Will the new EIA Marcellus estimate affect that? Shell has said it will build NG processing plant in OH, PA or WV. 19k new wells will be fracked (fracking?) in US this year. 16k in '11.
Soitec, Sumitomo El moving into pilot production of gallium nitride wafers usable in solar and LED. Google-backed Transphorm also in the hunt.
German solar rush predicted to beat the subsidy cuts. Part of solar rally today.
Army awarded $61M in solar, E efficiency contracts. G. $61M.
Conoco Phillips another to cut NG production for low prices.
China has overtaken Japan as world's largest coal importer.
Obama set to push incentives for NG vehicles.
Buffett's Mid Am E to form branch exclusively for renewable energy development. They might mean more clean energy than "renewables" (biomass).
Pipeline from S. Sudan to Kenya coast reportedly approved. Go that.
Thursday, January 26, 2012
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