Commerce Dept prelim decision proposing duties of 13.7 to 26% on China wind turbine towers, citing unfair subsidies. Well, let us talk of subsidies. Fair or unfair.
CO2 levels in Arctic hit 400PPM this spring. They report that on local wx, right? Um. No they don't. Remember, folks, what is it? 425 or 450PPM is going to be catastrophic for our kids, let alone our grandkids. Can we grasp this? Can we blast down the climate denyers or is it all in God's plan. We shall see.
Software ap that analyzes energy use and shows how to use less took 1st prize in DOE contest. $30K prize. Shows too how many trees needed to compensate for CO2's emitted. Brilliant.
AEP w/drew ap to refit Big Sandy in KY with $1B pollution controls. 49-yr-old plant. Uses ~90 railcars of coal/day. More $ than probably converting to NG.
Admin announced plans to offer potentially hundreds of thousands of acres of Fed waters off Mass for wind power development. Well, the Kennedys may have to look at windmills when they look out to sea. O well.
IEA: public anxieties may hamper or even halt fracking unless producers address concerns, which can be done by adding 7% to costs.
>300K peep have fled Mali since fighting erupted in north in Jan between rebs and govt. 1st I herd of it. Just another prob. Get in line.
World Bank: worldwide trading volume in C emissions up 17% in '11 to 10.3B met tons of CO2 equiv. EU permits >3/4 of total. Trading grew 11% by value to $176B. Record # of emissions products traded.
Sorghum's emergence as "advanced" biofuel may be <2 yrs away.
Spain put moratorium on clean/renew E subsidies. I bet there's more coming later on that.
Study: Indus civilization may have been wiped out by climate change.
Investigation of WalMart alleged bribery in Mex may redound to oil/gas industry. Fretting going on.
Canada ordering drones to patrol oil reserves in Arctic. Speaking as a pilot I don't like when drones take over. Except in the Arctic. Or Antarctic, for that matter. You cannot count on the heaters.
France, Spain banned more tuna fishing. Quotas met early. And, o the heck, tuna turing up radioactive. But, jeeze leweeze, that's US west coast.
Neb supreme court refused to hear Keystone XL challenge. What are those 3 monkeys? Don't see, don't hear, don't talk.
Western Wind Energy (WNDEF) made $20M deal (paid in $2.50 shs - 33% discount) to buy 4GW of wind power development pipeline from Champlin/GEI Wind Holdings. Near-term projects in Hawaii and Utah. 40% of pipe will be economic w/out subsidies: mgmt. WNDEF soon to get $90M cash from US for wind projects completed in '11.
Alterra Power ((MGMXF) to buy 4 wind power sites in BC from private sellers. Potential >1GW. BC only region in N Am to pass C tax. Financing for wind projects much harder to get now. Buyers market.
Power REIT (PW) to buy clean/ren E infra. May be 1st comp to bring tax-advantaged REIT structure to clean/ren E. REIT profits go direct to shareholders. (Go right to GO in Monopoly.) Taxed as income, not dividend.
Crude prices getting close to production costs of ND, TX fracking and deepwater platforms. NG prices also down from highs.
Repsol pulling out of Cuba offshore after $100M loss on dry well. Cuba's hopes down to Petronas (Malaysia) drilling in FL Straits.
US Senate group starting up seeds-to-wheels review of Ren Fuel Stds.
Wisc eth producers exported $75M of eth in 1Q11, surpassing dairy's $64M. Ethanol heads at Packers games I guess this fall. How do you make those hats?
US biodiesel production thru 1st 4 months of year 331M gal. March 108M. April 98M v. '11's 72M.
Graphene report teaser: Synthetic graphite sells for up to $20K/ton. Natural graphite (mined) ~$2,500/ton. Tech advances allowing natural graph to be used in aps reserved for synthetic. Natural value measured in size of flakes and C content.
Great Lakes Biodiesel on track for Fall completion of 170M liter/yr plant in Ontario. Or is it per day?
Citizens Budget Commission: NYC should embrace waste-to-energy plants to reduce $300M/y of waste disposal costs. Trash hauled hundreds of miles to landfills @ $95/ton. Crazy. Waste-2-E commonplace in Europe. I myself remember Cincinnati Incinerator. Even where it was. Back in the day. No, maybe that was the car safety lane. Check Dr. Oz about memory today. Yea, interrupted by NBC news about John Edwards trial while on memory foods. Really. Anyhoo, waste-2-E plants also in CT, NJ, Long Island (9% of NYC's garbage).
Cal to approve all new roofs to be solar-ready starting in '14.
It takes 52 gals of water to produce an egg. 713 gals for a cotton T-shirt.
Russia's dysfunctional econ failing to attract investment vital for E.
India comp granted approval for $6.3B coal mine in Australia. '16 completion. Initial export capac 30M tons/y.
Thursday, May 31, 2012
THURSDAY CLOSE
(stock #'s in %)
Market down 26/10/2. Volume got way heavy. Oil stayed under $87. Spain banks may or may not get help? Greece is toast? India, China, Brazil, US slowing. And Europe dropping into recession. And on we go. SpaceX splashdown. Wo. Back to Mercury-Gemini-Apollo. Way cool. 1st time in 37 years. Onward and upward pards. (TSLA)
GDTK up 114 or 50 depending on where you look. On 4,200 shs. Not a clue. Go on your own risk. ENSL up 35 off their bottom. MGLT, AMLM up 25. Go figure. AMBT up 23. 6 days from just over $4 to just under $10. What the hell. HOKU ended up 22. Who knows what tomorrow brings. VNDB up 21 on 1K shs. ALTI up 21 on 51. Rebound from 2-day drop for new low. XSNX up 17. Back to 3 cents. Back near 50-day lines. Do they have product or no. CCGI up 13 on 500 shs. Give me a break. FCEL, AMTX up 11. FCEL in 3-day surge over all lines. Off a double bottom. Sorry I missed that call for ye. CERE, CERP, GEVO, VLNC up 10. VLNC, GEVO have volume. GEVO off a double bottom. VLNC struggling in 50-day lines. SLMU up 9, 200-days holding up. HYGS up 8, launched out of all the lines. MXWL, ZOLT, ZAAP, CBAK, ASTI up 7. Yes, MXWL. Maxwell's hammer. I think the bottom's in. But I've said that before. CBAK on bottom. ASTI double bottom? MXWL and ZOLT had real volume. NENE up 3, in a 200-day trap.
CBWP down 47 on 7K shs. Buyers' market in wind power. MKTY down 38 on 482 shs. Is that a market? CRGE down 35 on >1M shs. In double bottom? WWPW down 27. 13 hundred and 56 shs. Yearline flattening out. Again, buyer's mart in the wind. What blows thar. AMPD down 25 on 17K. BLDW down 20. Another wind power hopeful. Gotta always watch for charlatans. Not saying BLDW is. BOPO down 18 on 10K. New low way. Who would take BOPO as stock symbol? Obama's dog? MMMW down 17. Forget about it. Screwy chart. At best. And a wind developer. So they say. NGLPF down 16. Hay, geothermal is expensive and tough except in Iceland. So far. How about around Yellowstone? SPIR down 12. Could be double bottom. AONE down 10 on the bad news. Another govt wipeout. EVSI down 8. CSUN down 7. LSCG down 1.
I hope all is good.
Market down 26/10/2. Volume got way heavy. Oil stayed under $87. Spain banks may or may not get help? Greece is toast? India, China, Brazil, US slowing. And Europe dropping into recession. And on we go. SpaceX splashdown. Wo. Back to Mercury-Gemini-Apollo. Way cool. 1st time in 37 years. Onward and upward pards. (TSLA)
GDTK up 114 or 50 depending on where you look. On 4,200 shs. Not a clue. Go on your own risk. ENSL up 35 off their bottom. MGLT, AMLM up 25. Go figure. AMBT up 23. 6 days from just over $4 to just under $10. What the hell. HOKU ended up 22. Who knows what tomorrow brings. VNDB up 21 on 1K shs. ALTI up 21 on 51. Rebound from 2-day drop for new low. XSNX up 17. Back to 3 cents. Back near 50-day lines. Do they have product or no. CCGI up 13 on 500 shs. Give me a break. FCEL, AMTX up 11. FCEL in 3-day surge over all lines. Off a double bottom. Sorry I missed that call for ye. CERE, CERP, GEVO, VLNC up 10. VLNC, GEVO have volume. GEVO off a double bottom. VLNC struggling in 50-day lines. SLMU up 9, 200-days holding up. HYGS up 8, launched out of all the lines. MXWL, ZOLT, ZAAP, CBAK, ASTI up 7. Yes, MXWL. Maxwell's hammer. I think the bottom's in. But I've said that before. CBAK on bottom. ASTI double bottom? MXWL and ZOLT had real volume. NENE up 3, in a 200-day trap.
CBWP down 47 on 7K shs. Buyers' market in wind power. MKTY down 38 on 482 shs. Is that a market? CRGE down 35 on >1M shs. In double bottom? WWPW down 27. 13 hundred and 56 shs. Yearline flattening out. Again, buyer's mart in the wind. What blows thar. AMPD down 25 on 17K. BLDW down 20. Another wind power hopeful. Gotta always watch for charlatans. Not saying BLDW is. BOPO down 18 on 10K. New low way. Who would take BOPO as stock symbol? Obama's dog? MMMW down 17. Forget about it. Screwy chart. At best. And a wind developer. So they say. NGLPF down 16. Hay, geothermal is expensive and tough except in Iceland. So far. How about around Yellowstone? SPIR down 12. Could be double bottom. AONE down 10 on the bad news. Another govt wipeout. EVSI down 8. CSUN down 7. LSCG down 1.
I hope all is good.
THURSDAY OPEN
(stock #'s in %)
Market down 63/27/9. Indeces below top 200-day line. Volume normal. Oil down under $87. Foreclosures 26% of Q1 US home sales. New jobs lower than forecast (ADP #'s). Q1 US GDP revised down to 1.9%. Volcker urges global financial system overhaul. And US biz activity slowing (orders, production). And Greece. And Spain.
HOKU up 67 more, 2-day uber double. JUHL up 11 on 1,800 shs. AMBT up 8. BIOF up 7. AMEL up 5. NENE, MXWL up 3. BWEN up 2 on China wind tower tariff news.
CBWP down 54 on 3,100 shs. BSRC down 29 on 1K shs. I don't think they're going to make it. LEOM, BLDW down 20, both on nominal volume. BOPO down 18 on 10K. MMMW down 17. NGLPF down 16 on 5K. AONE down 14 on "going concern" notice. BFRE, CABN down 10 on nominal volume. FSLR down 7, new low. LSCG down 3.
Market down 63/27/9. Indeces below top 200-day line. Volume normal. Oil down under $87. Foreclosures 26% of Q1 US home sales. New jobs lower than forecast (ADP #'s). Q1 US GDP revised down to 1.9%. Volcker urges global financial system overhaul. And US biz activity slowing (orders, production). And Greece. And Spain.
HOKU up 67 more, 2-day uber double. JUHL up 11 on 1,800 shs. AMBT up 8. BIOF up 7. AMEL up 5. NENE, MXWL up 3. BWEN up 2 on China wind tower tariff news.
CBWP down 54 on 3,100 shs. BSRC down 29 on 1K shs. I don't think they're going to make it. LEOM, BLDW down 20, both on nominal volume. BOPO down 18 on 10K. MMMW down 17. NGLPF down 16 on 5K. AONE down 14 on "going concern" notice. BFRE, CABN down 10 on nominal volume. FSLR down 7, new low. LSCG down 3.
Wednesday, May 30, 2012
WEDNESDAY CLOSE
(stock #' s in %)
Market down 160/33/19. Indeces dealing with top 200-day line again. Volume normal. Oil down under $88! Pump prices should be coming down. Sometime.
HOKU up 59. I'd say they got turned around somewhere late morning. Big volume. But who knows if they're bankrupt or not. But pretty good bounce off bottom I must say. DYMTF up 21. Haven't a clue. Another surge off the bottom. NEXS up 11. NPWZ up 10. FCEL up 9 on S Korea market news. CWET up 5.
VLNC down 15. Back under 50-days, 2-day swing. BIOF, SYNM down 12. BIOF mentioned this morning. In double bottom mode? Tho - ugh - food for fuel. SYNM a new low. CRGE, EFOI down 11. EFOI getting hit maybe because DOD pressed to cut back on anything new energy and Navy their main new biz lately. ALTI down 9, new low. Doubts about EV's, I guess, and need for new-fangled batteries.
MXWL down 8 more. Where the hell is this bottom? Back to '09 lows. That's a real double bottom. The dam Q1 report wasn't all this bad. Considering all the other companies reports, especially. Sorry I said it was a buy earlier. I don't know what the hell's going on with this one. With all that, it might really be time to buy it. For good long hold. (Yes, I still own a few shares. But I'm looking at it objectively. What the hell is going on with this?!). PEIX also down 8. Tho more ugh food for fuel. NENE down 7. Back under bottom (200) line. We need news of their solar and other new energy tech. Taking too much time. Could be game changer. Or ruse. Rube? Charlatan? Fraud? We've seen a lot of 'm in this clean E grab and go over the last what, 8 years? CBEH, AMRS down 6 on profit taking, tho CBEH much more gain. Much more. And AMEL down 6. Are they mining any lithium yet? Back to their Dec bottom. We all know the market is enigmatic. Stealthy. Stealy. The real winners have to go to the actual sites and do all the financial research. O, that's what Wall Street does. And then reports. Unfortunately for the rest of us, AFTER the runups. That's why the easiest way to make money in the market is to short the high flyers. Duh. CLNT down 5. DSTI down 4. ECOS down 3. It's getting like reporting on local TV news of the murders every day. At some point we just can't do it anymore. LSCG, AMBT were flat. Maybe those are the ones to buy.
Market down 160/33/19. Indeces dealing with top 200-day line again. Volume normal. Oil down under $88! Pump prices should be coming down. Sometime.
HOKU up 59. I'd say they got turned around somewhere late morning. Big volume. But who knows if they're bankrupt or not. But pretty good bounce off bottom I must say. DYMTF up 21. Haven't a clue. Another surge off the bottom. NEXS up 11. NPWZ up 10. FCEL up 9 on S Korea market news. CWET up 5.
VLNC down 15. Back under 50-days, 2-day swing. BIOF, SYNM down 12. BIOF mentioned this morning. In double bottom mode? Tho - ugh - food for fuel. SYNM a new low. CRGE, EFOI down 11. EFOI getting hit maybe because DOD pressed to cut back on anything new energy and Navy their main new biz lately. ALTI down 9, new low. Doubts about EV's, I guess, and need for new-fangled batteries.
MXWL down 8 more. Where the hell is this bottom? Back to '09 lows. That's a real double bottom. The dam Q1 report wasn't all this bad. Considering all the other companies reports, especially. Sorry I said it was a buy earlier. I don't know what the hell's going on with this one. With all that, it might really be time to buy it. For good long hold. (Yes, I still own a few shares. But I'm looking at it objectively. What the hell is going on with this?!). PEIX also down 8. Tho more ugh food for fuel. NENE down 7. Back under bottom (200) line. We need news of their solar and other new energy tech. Taking too much time. Could be game changer. Or ruse. Rube? Charlatan? Fraud? We've seen a lot of 'm in this clean E grab and go over the last what, 8 years? CBEH, AMRS down 6 on profit taking, tho CBEH much more gain. Much more. And AMEL down 6. Are they mining any lithium yet? Back to their Dec bottom. We all know the market is enigmatic. Stealthy. Stealy. The real winners have to go to the actual sites and do all the financial research. O, that's what Wall Street does. And then reports. Unfortunately for the rest of us, AFTER the runups. That's why the easiest way to make money in the market is to short the high flyers. Duh. CLNT down 5. DSTI down 4. ECOS down 3. It's getting like reporting on local TV news of the murders every day. At some point we just can't do it anymore. LSCG, AMBT were flat. Maybe those are the ones to buy.
STUFF
Seattle City Council voted against coal export terminals. Fed govt reviewing 1st of at least 6 NW coast sites to ship Mont, WY coal to Asia.
Big Sandy power plant in KY plans switch to NG from coal, riling the KY coal industry.
CBO: analyzing impact of EPA rules on pump prices would cost $3M. Sounds worth it.
Shell plans to expand its oil sands output.
IL sueing refineries over alleged water contamination.
New Mex wildfire could become largest in state history.
SunMaxx Solar, Voltaic Solaire to install solar thermal system at Delta House in Brooklyn. Delta will gen 100% of its own el, hot water and heat, combining solar and wind gen.
New tariffs on Chinese silicon solar could hike prices of panels shipped to US 10-12% (by using Taiwan panels) but add only small amount (3-5%) to developers' project costs. Also, tariffs only apply to silicon solar cells, so Chinese can still use panel assembly plants for US shipments.
Germany's PV solar installations fed 22GW of el to the grid at one point late last week, providing near half of country's el needs.
Marubeni bought Gavilon (Neb) - US's 3rd largest grain marketer - for $3.6B. Includes grain elevators, fertilizer comps, energy businesses to allow Marubeni to compete locally with Cargill. Marubeni also investing $652M in Angolan ethanol.
U of Saskatchewan researchers discovered room-temp process to separate ethanol and water without chemicals.
Petro Vietnam expects ethanol exports to jump this year. $270M invested into total capac of 300M liters/y. In '11, they sold 20M liters in country, exported rest.
Ghana comp producing biodiesel from human waste at pilot projects. Commercial scale in 2 years (100 truck loads of waste per day). Support from Gates Foundation, UN.
Union of Concerned Scientists: a number of major US corps publicly support climate change science, but contrib heavily to politicians, groups that deny or play down the problem.
China pledged $27B more for clean/renewable energy, E efficiency, hybrid vehicle research projects through '12. Also set target of reducing C emissions 40-45% by '20.
Ernst & Young's Q report on attractiveness of countries to clean/renew energy investors. #1 - China, #2 - US, #3 - Germany, #4 - India, #5 - Italy.
Big Sandy power plant in KY plans switch to NG from coal, riling the KY coal industry.
CBO: analyzing impact of EPA rules on pump prices would cost $3M. Sounds worth it.
Shell plans to expand its oil sands output.
IL sueing refineries over alleged water contamination.
New Mex wildfire could become largest in state history.
SunMaxx Solar, Voltaic Solaire to install solar thermal system at Delta House in Brooklyn. Delta will gen 100% of its own el, hot water and heat, combining solar and wind gen.
New tariffs on Chinese silicon solar could hike prices of panels shipped to US 10-12% (by using Taiwan panels) but add only small amount (3-5%) to developers' project costs. Also, tariffs only apply to silicon solar cells, so Chinese can still use panel assembly plants for US shipments.
Germany's PV solar installations fed 22GW of el to the grid at one point late last week, providing near half of country's el needs.
Marubeni bought Gavilon (Neb) - US's 3rd largest grain marketer - for $3.6B. Includes grain elevators, fertilizer comps, energy businesses to allow Marubeni to compete locally with Cargill. Marubeni also investing $652M in Angolan ethanol.
U of Saskatchewan researchers discovered room-temp process to separate ethanol and water without chemicals.
Petro Vietnam expects ethanol exports to jump this year. $270M invested into total capac of 300M liters/y. In '11, they sold 20M liters in country, exported rest.
Ghana comp producing biodiesel from human waste at pilot projects. Commercial scale in 2 years (100 truck loads of waste per day). Support from Gates Foundation, UN.
Union of Concerned Scientists: a number of major US corps publicly support climate change science, but contrib heavily to politicians, groups that deny or play down the problem.
China pledged $27B more for clean/renewable energy, E efficiency, hybrid vehicle research projects through '12. Also set target of reducing C emissions 40-45% by '20.
Ernst & Young's Q report on attractiveness of countries to clean/renew energy investors. #1 - China, #2 - US, #3 - Germany, #4 - India, #5 - Italy.
WEDNESDAY OPEN
(stock #'s in %)
Market down 133/35/15. Volume normal. Oil down under $89. All about Greece.
NPWZ up 20. ECOS up 15 more, over bottom 50-day line. FCEL up 8 on news, 2-day 20 percent surge over bottom 200-day line. HSOL up 1 after reporting.
VNDB down 20, back under 3 top lines. 4K shs. BIOF down 13 after announcing reverse split. HOKU down 10 more. NENE down 7. SYNM, GEVO down 6. AONE down 4. MXWL down 2 again. Retest low. LSCG, AMBT flat.
Market down 133/35/15. Volume normal. Oil down under $89. All about Greece.
NPWZ up 20. ECOS up 15 more, over bottom 50-day line. FCEL up 8 on news, 2-day 20 percent surge over bottom 200-day line. HSOL up 1 after reporting.
VNDB down 20, back under 3 top lines. 4K shs. BIOF down 13 after announcing reverse split. HOKU down 10 more. NENE down 7. SYNM, GEVO down 6. AONE down 4. MXWL down 2 again. Retest low. LSCG, AMBT flat.
Tuesday, May 29, 2012
STUFF
Marine vetenarian linked Peru dolphin deaths to sonar testing used to locate oil deposits. Dolphins showed bleeding and fractures in middle ears (from fast decompression). But what caused large seabird die-off?
House Energy, Commerce Committee Repubs blame EPA for upheaval in biodiesel industry, saying not doing enough to address fraud in fuel credit-trading market. FBI raided NJ biofuels comp offices as part of fraud investigation.
EPA rejected oil industry petition to waive '11 cellulosic ethanol requirements.
Lobsters in US N east losing shells early.
Appeals court backs Shell's exploration plans for Alaska waters.
Radiation-tainted tuna caught off Cal coast.
NRC renewed Mass. reactor license.
LDK Solar (China) headed for bankruptcy. Immense debt burden and global solar market downturn.
Australia out-installing Germany in <10KW solar systems 3rd year in row. AU installed total 837MW solar in '11. 815MW of that systems <100KW, 96% of that <10KW. One of 1st countries to have reached "solar parity". Didn't and doesn't use govt subsidies.
Development of Eagle Ford shale could push San Antonio area over ozone level limits.
U of IL researcher says ethanol plants can't be profitable with corn over $6.75/bu.
Price Waterhouse says high level of debt in Brazil sugarcane sector main factor holding back increased ethanol production. Other factors cited - lack of professionalism, lack of available trained labor.
UK cut '20 solar target to 11.9GW from 22GW after cutting FIT's last week.
In April, Mauna Loy observatory measured ~396PPM of CO2 in atmos, highest ever recorded. Up near 3PPM in last year. 350PPM seen as level world needs to stay under to avoid radical climate change. Before industrial revolution it was 280PPM. 450PPM probably would be catastrophic, researchers say.
You might want to read that again.
Bakken and 3 Forks wells will pump for 30 years. Per well total est. prod ~540K bls, >$20M profit, $7.5M in royalties, $4.5M in taxes, $2M in salaries, wages: ND Dept of Mineral Resources. 6,921 wells producing in state in March, 3,382 in Bakken, 3 Forks. ND prod 152.9M bls in '11, up 35% over last year. Avg Bakken well produces ~923 bls/day 1st couple years, then drops to half and lower with time.
House Energy, Commerce Committee Repubs blame EPA for upheaval in biodiesel industry, saying not doing enough to address fraud in fuel credit-trading market. FBI raided NJ biofuels comp offices as part of fraud investigation.
EPA rejected oil industry petition to waive '11 cellulosic ethanol requirements.
Lobsters in US N east losing shells early.
Appeals court backs Shell's exploration plans for Alaska waters.
Radiation-tainted tuna caught off Cal coast.
NRC renewed Mass. reactor license.
LDK Solar (China) headed for bankruptcy. Immense debt burden and global solar market downturn.
Australia out-installing Germany in <10KW solar systems 3rd year in row. AU installed total 837MW solar in '11. 815MW of that systems <100KW, 96% of that <10KW. One of 1st countries to have reached "solar parity". Didn't and doesn't use govt subsidies.
Development of Eagle Ford shale could push San Antonio area over ozone level limits.
U of IL researcher says ethanol plants can't be profitable with corn over $6.75/bu.
Price Waterhouse says high level of debt in Brazil sugarcane sector main factor holding back increased ethanol production. Other factors cited - lack of professionalism, lack of available trained labor.
UK cut '20 solar target to 11.9GW from 22GW after cutting FIT's last week.
In April, Mauna Loy observatory measured ~396PPM of CO2 in atmos, highest ever recorded. Up near 3PPM in last year. 350PPM seen as level world needs to stay under to avoid radical climate change. Before industrial revolution it was 280PPM. 450PPM probably would be catastrophic, researchers say.
You might want to read that again.
Bakken and 3 Forks wells will pump for 30 years. Per well total est. prod ~540K bls, >$20M profit, $7.5M in royalties, $4.5M in taxes, $2M in salaries, wages: ND Dept of Mineral Resources. 6,921 wells producing in state in March, 3,382 in Bakken, 3 Forks. ND prod 152.9M bls in '11, up 35% over last year. Avg Bakken well produces ~923 bls/day 1st couple years, then drops to half and lower with time.
TUESDAY CLOSE
(stock #'s in %)
Market up 125/33/14. Volume a little light. Oil came back to under $91.
MKTY up 75 on 2,800 shs. AMPD up 38 on 500. ECOS up 30. AONE up 18, crossed over 50-day lines. AMBT up 15, 4-day near-double. Go figure. VLNC, LYSDY up 14. VLNC 2-day rise off bottom, over 50-days. AXAS up 11. ACPW, SZYM up 9. ACPW back to 50's. FCEL up 8, jump out from downline. JASO, TSLA up 6. CLNT, LSCG up 4. MXWL up 1.
WWPW down 29 on <2K shs. SLMU down 26. BOPO, BLQN down 20. IFXY down 13. AMTX, PRHL down 12. PRHL off its Friday top. CCGI down 11. VNDB down 10. HOKU down 9 more, finished up from new low. HSOL, SPIR down 7. NENE down 1.
Market up 125/33/14. Volume a little light. Oil came back to under $91.
MKTY up 75 on 2,800 shs. AMPD up 38 on 500. ECOS up 30. AONE up 18, crossed over 50-day lines. AMBT up 15, 4-day near-double. Go figure. VLNC, LYSDY up 14. VLNC 2-day rise off bottom, over 50-days. AXAS up 11. ACPW, SZYM up 9. ACPW back to 50's. FCEL up 8, jump out from downline. JASO, TSLA up 6. CLNT, LSCG up 4. MXWL up 1.
WWPW down 29 on <2K shs. SLMU down 26. BOPO, BLQN down 20. IFXY down 13. AMTX, PRHL down 12. PRHL off its Friday top. CCGI down 11. VNDB down 10. HOKU down 9 more, finished up from new low. HSOL, SPIR down 7. NENE down 1.
STUFF
Repsol found offshore block near Brazil coast contains at least 1.2B bls oil equivalent, 1 of largest finds this year.
India crude imports down 7% in Apr - 14.6 met tons - due to shutdowns at some refineries.
Eni discovered 150-250M bls of oil in Eqypt's western desert.
Kinder Morgan reduced size of planned expansion of oil pipeline to Pacific coast. Fewer shippers than expected signed contracts that would allow Canada oil supplies to be shipped to Asia.
Chesapeake Energy says will spend nearly all '13 capital budget on oil drilling.
A further 1mb/d of Euro refining capacity needs to shut down to trim region's growing surplus capacity. Already 1mb/d of closures since '09.
Canadian Natural Resources says $85/bl needed for oil sands ops profit, $75 for shale ops.
Novozymes finished new Nebraska plant to produce enzymes for cellulosic ethanol. $200M investment.
Iran plans to build new oil export terminal on Gulf of Oman and 1mb/d pipeline to Caspian.
India crude imports down 7% in Apr - 14.6 met tons - due to shutdowns at some refineries.
Eni discovered 150-250M bls of oil in Eqypt's western desert.
Kinder Morgan reduced size of planned expansion of oil pipeline to Pacific coast. Fewer shippers than expected signed contracts that would allow Canada oil supplies to be shipped to Asia.
Chesapeake Energy says will spend nearly all '13 capital budget on oil drilling.
A further 1mb/d of Euro refining capacity needs to shut down to trim region's growing surplus capacity. Already 1mb/d of closures since '09.
Canadian Natural Resources says $85/bl needed for oil sands ops profit, $75 for shale ops.
Novozymes finished new Nebraska plant to produce enzymes for cellulosic ethanol. $200M investment.
Iran plans to build new oil export terminal on Gulf of Oman and 1mb/d pipeline to Caspian.
TUESDAY OPEN
(stock #'s in %)
Market up 146/40/15. Volume normal. Oil up nearing $92. China has "no intention" of large-scale stimulus. US housing prices fell at slower pace. Spain joining Greece with problems.
CWET up 22. NEXS up 20. LYSDY up 14 in jump to 50-day lines. AONE, QTWW up 11. QTWW had new order news, over 50-days. AONE also at 50-days. AMRS, SZYM up 8. CBEH up 7. AMEL up 6. BWEN up 3.
VNDB down 23, back near top 3 lines. BLQN down 22 on 1,500 shs. SLMU down 12. CRGE down 6. MXWL, NENE, LSCG flat.
Market up 146/40/15. Volume normal. Oil up nearing $92. China has "no intention" of large-scale stimulus. US housing prices fell at slower pace. Spain joining Greece with problems.
CWET up 22. NEXS up 20. LYSDY up 14 in jump to 50-day lines. AONE, QTWW up 11. QTWW had new order news, over 50-days. AONE also at 50-days. AMRS, SZYM up 8. CBEH up 7. AMEL up 6. BWEN up 3.
VNDB down 23, back near top 3 lines. BLQN down 22 on 1,500 shs. SLMU down 12. CRGE down 6. MXWL, NENE, LSCG flat.
Monday, May 28, 2012
STUFF
1,857 American warriors have given their lives in Afghanistan to date. 4,485 did in Iraq. We owe their families. We owe all who served or serving.
On to less important stuff.
Southern Comp's shareholders pushing for more solar, renewables.
NG in Europe ~$10/TCF. Even more in Asia. $2.57 in USA. But. It can cost up to $15 for every barrel of wastewater hauled away from a frack site. The industry uses ~750M bls of water per day. Waterless fracking, though, already in use by Chevron, Shell and others.
Bella Energy completed 1.65MW solar project - Utah's largest solar array - on roof of Salt Lake City's convention center. Will provide ~17% of center's el use. 6-month build, >14K man-hours.
Many comps selling eco-friendly products struggling to meet demand, even though some charge up to 25% more for greener goods.
Deloitte says 90% of all comps have now set targets to reduce energy use, primarily driven by cutting costs in econ downturn, but 1/3 driven by regulation.
Cal PUC ruled in favor of net-metering. Should be long-term boost to residential solar.
On to less important stuff.
Southern Comp's shareholders pushing for more solar, renewables.
NG in Europe ~$10/TCF. Even more in Asia. $2.57 in USA. But. It can cost up to $15 for every barrel of wastewater hauled away from a frack site. The industry uses ~750M bls of water per day. Waterless fracking, though, already in use by Chevron, Shell and others.
Bella Energy completed 1.65MW solar project - Utah's largest solar array - on roof of Salt Lake City's convention center. Will provide ~17% of center's el use. 6-month build, >14K man-hours.
Many comps selling eco-friendly products struggling to meet demand, even though some charge up to 25% more for greener goods.
Deloitte says 90% of all comps have now set targets to reduce energy use, primarily driven by cutting costs in econ downturn, but 1/3 driven by regulation.
Cal PUC ruled in favor of net-metering. Should be long-term boost to residential solar.
Sunday, May 27, 2012
STUFF
I saw a report that Iran has enough U for 5 nuke weapons. And they are "not ready" for visit to suspect nuke weapon development site. "IAEA's reasons to visit 'not good enough'", say they. The world we live in, kids.
Erskine Bowles: US has most inefficient, ineffective, globally anti-competitive tax code that man could dream up.
Apex Wind Energy building 300MW farm in OK. Online late this year. Will increase state's wind energy capacity by 15%. $470M. You see that? Just over $1.50/W! Sold to Atlantic Power Corp, though holding minority ownership.
Projected '13 US elgen mix: coal 37.8%, NG 29.3%, nuke 20.4%, hydro 6.8%, oil 1.3%, others (wind, solar, geotherm, tidal) 4.4%.
El Reliability Council of TX projecting potential power shortages during peak demand times over next decade. Encouraging conservation and raising cap on wholesale prices from $3K/MWh to $4.5. Cited growing demand, weather, economy and plans for new gen. They try to maintain 13.75% reserve over peak power demand forecast to deal with wx or plant/grid failure. They see it falling to 9.8% by '14, 6.9% by '15. Already relying on mothballed plants. New gen typically takes at least 2 years to get online for most techs.
Since '08, EDF "Climate Corps" placed MBA, MPA students in comps, cities, etc to develop customized E efficiency investment plans. To date ID'd $1B in E savings and emissions redux equiv to 200K cars. This year the Corps to work with 88 orgs - total now 186 - including Google, Facebook, Caterpillar, Cummins, Boston/Chicago/Houston school systems, Dallas/New Orleans city govts.
RevTech developing virtual power plant platform and fast response E storage capacity for EV's. To deliver multiple services to ISO's, utilities, microgrids and bldg mgmt/owners.
Bureau of Ocean E Mgmt seeking any developers to compete for proposed Deepwater Wind 34.5kV submerged transmission connect for 30MW wind farm off Block I, RI to mainland. Block I now using diesel-burning plant.
S Africa Dept of E awarded 88MW PV solar project after bids to consortium of Solar Reserve (US) and 2 S Africa comps. 3rd award for total 238MW (20% share of S Af's solar market). Solar Reserve holds worldwide license to molten salt power tower tech.
US environmental tech industry employs ~2M. Positive trade balance. $312B revs in '10. Expected to grow 7%/y.
Shell owns >12% of all NG in N Am, has taken NG drilling lead in Europe and dominating NG dev in China, Africa, Australia. Building multi-B$ "cracker" plant in PA for NG-to-ethylene for plastics, 5 years ago too expensive in US. Now checking gulf coast for gas-to-liquids plant (diesel or JP), the one in Qatar putting $6B/y onto bottom line. Also $250M into infra for NG for trucks, cars. Trucks in US use >$135B/y worth of diesel.
US facing helium shortage soon. Govt started stockpiling in '25. He critical for research, cooling, space, welding. Govt started selling stockpile in '96. In '11, private prices $160/K cu ft, govt price at $75. Law granting access to govt He set to expire in '14 (est. 30% worldwide supply).
Erskine Bowles: US has most inefficient, ineffective, globally anti-competitive tax code that man could dream up.
Apex Wind Energy building 300MW farm in OK. Online late this year. Will increase state's wind energy capacity by 15%. $470M. You see that? Just over $1.50/W! Sold to Atlantic Power Corp, though holding minority ownership.
Projected '13 US elgen mix: coal 37.8%, NG 29.3%, nuke 20.4%, hydro 6.8%, oil 1.3%, others (wind, solar, geotherm, tidal) 4.4%.
El Reliability Council of TX projecting potential power shortages during peak demand times over next decade. Encouraging conservation and raising cap on wholesale prices from $3K/MWh to $4.5. Cited growing demand, weather, economy and plans for new gen. They try to maintain 13.75% reserve over peak power demand forecast to deal with wx or plant/grid failure. They see it falling to 9.8% by '14, 6.9% by '15. Already relying on mothballed plants. New gen typically takes at least 2 years to get online for most techs.
Since '08, EDF "Climate Corps" placed MBA, MPA students in comps, cities, etc to develop customized E efficiency investment plans. To date ID'd $1B in E savings and emissions redux equiv to 200K cars. This year the Corps to work with 88 orgs - total now 186 - including Google, Facebook, Caterpillar, Cummins, Boston/Chicago/Houston school systems, Dallas/New Orleans city govts.
RevTech developing virtual power plant platform and fast response E storage capacity for EV's. To deliver multiple services to ISO's, utilities, microgrids and bldg mgmt/owners.
Bureau of Ocean E Mgmt seeking any developers to compete for proposed Deepwater Wind 34.5kV submerged transmission connect for 30MW wind farm off Block I, RI to mainland. Block I now using diesel-burning plant.
S Africa Dept of E awarded 88MW PV solar project after bids to consortium of Solar Reserve (US) and 2 S Africa comps. 3rd award for total 238MW (20% share of S Af's solar market). Solar Reserve holds worldwide license to molten salt power tower tech.
US environmental tech industry employs ~2M. Positive trade balance. $312B revs in '10. Expected to grow 7%/y.
Shell owns >12% of all NG in N Am, has taken NG drilling lead in Europe and dominating NG dev in China, Africa, Australia. Building multi-B$ "cracker" plant in PA for NG-to-ethylene for plastics, 5 years ago too expensive in US. Now checking gulf coast for gas-to-liquids plant (diesel or JP), the one in Qatar putting $6B/y onto bottom line. Also $250M into infra for NG for trucks, cars. Trucks in US use >$135B/y worth of diesel.
US facing helium shortage soon. Govt started stockpiling in '25. He critical for research, cooling, space, welding. Govt started selling stockpile in '96. In '11, private prices $160/K cu ft, govt price at $75. Law granting access to govt He set to expire in '14 (est. 30% worldwide supply).
Saturday, May 26, 2012
STUFF
Last 5 yrs US CO2 emissions from elgen down 450 metric tons: IEA.
2 old Chicago-area coal power plants to shut down in Sept.
2 named tropical storms already and the season starts June 1. Hopefully no harbinger.
Getting new China wind farms connected to grid a major problem. Driving their wind industry into doldrums.
Calif pondering how to spend cap-and-trade billions. The state also lifted limit on # of consumers who can sell power to utilities.
UN chief joined chorus urging no treaty at Rio.
Heartland, short on cash, says climate skeptic conferences might end. Huh.
BLM nearing approval of Cal solar project that will be world's largest.
Senate passed bill approving EV charging stations in Capitol lots. Really. Takes an act of Congress.
Bark beetles contribute to air pollution: study. Jeeze leweeze.
Heavy rains cause oyster deaths in Chesapeake fisheries. What's that? Too much fresh water or the runoff with fertilizer and pesticide?
Copper boom in upper Mich.
GEVO opened 1st plant. Isobutanol. Proprietary yeast, integrated ferm tech (1M gal/y by year end). Patent trial with Butamax though.
US to comply with EU emissions standards for new airliners.
TEPCO underestimated radiation released at Fuku.
Beijing injecting $27B into renewable/clean E and E efficiency efforts.
Putin ordered sale of Rosneftegaz assets. Only in Russia? Well, Obama bought GM and Chrysler and AIG and . . . Whatever.
Lux Research: solar industry should return to double-digit margins by '14. Solar tech winners: 1, epitaxial-silicon. Last nail in amorphous-si coffin. 2, CZTS - Copper Zinc Tin Sulfide. Replaces indium, gallium (expensive rare earths) in CIGS. Solar tech losers: 1, kerfless wafering (ion implantation). 2, quantum dots.
Solar hot water now at 5-yr payback, even faster in good locations. Comps offering no upfront costs, 25% lower hot water bills.
UK cut solar FIT again for small installs. 16 pence/KWh, down from 21. Set to decrease on 3-month basis depending on market. Export tariff to increase from 3.2 pence to 4.5. Govt says this should give ROI of >6% for most installs. April slash was 43 pence to 21.
Gamesa dumped their CEO. Stock's value fell 89% while in charge. Not a good time to be in charge, A?
China EXIM Bank approved $448M loan for Pakistan's 969MW hydropower dam.
Sandia released new web tool to evaluate energy storage options.
"Co-petition" the new solar manufacturing strategy.
Senate Armed Services Committee defeated admin's proposal to re-program $170M for advanced biofuels development. No buying fuels that cost more than fossil fuels except for testing. $510M last year. Costs/gal down >90% last 2 years. Senate Dems caved. For oil money? Or is it just budget prudence?
Hawaiian El extended contract with REGI for 3-7M gal biodiesel through '15. HECO wants to gen 40% of el from renewables by '30.
MN Coalition for Sustainable Rail plans to develop 1st carbon-neutral higher-speed locomotive.
Siouxland Ethanol had 12th quarter in black. Paid off $46M debt.
GE to invest $245M in Brazil R&D center for biodiesel, advanced biofuels and materials. India to build 13 biofuels info centers.
Everik planning to double production capacity in Asia by '15. Lube and biofuel additive products. 60K ton/y now.
Shell spending $4B to open Arctic for drilling.
Happy memorial day weekend, pards. Honor a vet.
2 old Chicago-area coal power plants to shut down in Sept.
2 named tropical storms already and the season starts June 1. Hopefully no harbinger.
Getting new China wind farms connected to grid a major problem. Driving their wind industry into doldrums.
Calif pondering how to spend cap-and-trade billions. The state also lifted limit on # of consumers who can sell power to utilities.
UN chief joined chorus urging no treaty at Rio.
Heartland, short on cash, says climate skeptic conferences might end. Huh.
BLM nearing approval of Cal solar project that will be world's largest.
Senate passed bill approving EV charging stations in Capitol lots. Really. Takes an act of Congress.
Bark beetles contribute to air pollution: study. Jeeze leweeze.
Heavy rains cause oyster deaths in Chesapeake fisheries. What's that? Too much fresh water or the runoff with fertilizer and pesticide?
Copper boom in upper Mich.
GEVO opened 1st plant. Isobutanol. Proprietary yeast, integrated ferm tech (1M gal/y by year end). Patent trial with Butamax though.
US to comply with EU emissions standards for new airliners.
TEPCO underestimated radiation released at Fuku.
Beijing injecting $27B into renewable/clean E and E efficiency efforts.
Putin ordered sale of Rosneftegaz assets. Only in Russia? Well, Obama bought GM and Chrysler and AIG and . . . Whatever.
Lux Research: solar industry should return to double-digit margins by '14. Solar tech winners: 1, epitaxial-silicon. Last nail in amorphous-si coffin. 2, CZTS - Copper Zinc Tin Sulfide. Replaces indium, gallium (expensive rare earths) in CIGS. Solar tech losers: 1, kerfless wafering (ion implantation). 2, quantum dots.
Solar hot water now at 5-yr payback, even faster in good locations. Comps offering no upfront costs, 25% lower hot water bills.
UK cut solar FIT again for small installs. 16 pence/KWh, down from 21. Set to decrease on 3-month basis depending on market. Export tariff to increase from 3.2 pence to 4.5. Govt says this should give ROI of >6% for most installs. April slash was 43 pence to 21.
Gamesa dumped their CEO. Stock's value fell 89% while in charge. Not a good time to be in charge, A?
China EXIM Bank approved $448M loan for Pakistan's 969MW hydropower dam.
Sandia released new web tool to evaluate energy storage options.
"Co-petition" the new solar manufacturing strategy.
Senate Armed Services Committee defeated admin's proposal to re-program $170M for advanced biofuels development. No buying fuels that cost more than fossil fuels except for testing. $510M last year. Costs/gal down >90% last 2 years. Senate Dems caved. For oil money? Or is it just budget prudence?
Hawaiian El extended contract with REGI for 3-7M gal biodiesel through '15. HECO wants to gen 40% of el from renewables by '30.
MN Coalition for Sustainable Rail plans to develop 1st carbon-neutral higher-speed locomotive.
Siouxland Ethanol had 12th quarter in black. Paid off $46M debt.
GE to invest $245M in Brazil R&D center for biodiesel, advanced biofuels and materials. India to build 13 biofuels info centers.
Everik planning to double production capacity in Asia by '15. Lube and biofuel additive products. 60K ton/y now.
Shell spending $4B to open Arctic for drilling.
Happy memorial day weekend, pards. Honor a vet.
FRIDAY CLOSE
(stock #'s in %)
Market down 74/1/2. A little odd, huh? The Dow down fairly big, the others not, all straddling top 200-day lines. Volume very light. Oil under $91. Market closed on Monday.
ZNNMF up 21, kicked up again from the top 200-day line. VNDB up 19, 2-day rise off top 3 lines. Been going up all year. BLQN up 18, over 50-day lines. QTWW up 17, back to 50-days. AMTX, PRHL up 16. PRHL up 6x since Oct. CSIQ, AMBT, ZAAP up 15. CSIQ back to 50's. AMBT 3-day rise off bottom, now over all lines. ZAAP off the bottom. AOI.V up 12, hit new high. VLNC up 9, off the bottom. AMRS, SATC up 8. AMRS in 5-day rise. SATC off the botom. DSTI, SLMU up 7. DSTI still on bottom. SLMU back to bottom 50-day. GTAT, NENE up 5. NENE up against top 200, looking like a buy again.
BFRE down 28, back to bottom (200) line. MGLT down 27, rejected by 50-days. HOKU down 18, another new low. QTMM down 17, bottom. CBEH down 14 after Thursday jump. CWET down 13, back near bottom. MXWL down 12. Is this the bottom? I think so. AEHI, ASPW down 11. ECOS, SPIR down 9. SPIR knocked back by 50-days. JASO down 3. With CSIQ up, I would watch JASO.
Market down 74/1/2. A little odd, huh? The Dow down fairly big, the others not, all straddling top 200-day lines. Volume very light. Oil under $91. Market closed on Monday.
ZNNMF up 21, kicked up again from the top 200-day line. VNDB up 19, 2-day rise off top 3 lines. Been going up all year. BLQN up 18, over 50-day lines. QTWW up 17, back to 50-days. AMTX, PRHL up 16. PRHL up 6x since Oct. CSIQ, AMBT, ZAAP up 15. CSIQ back to 50's. AMBT 3-day rise off bottom, now over all lines. ZAAP off the bottom. AOI.V up 12, hit new high. VLNC up 9, off the bottom. AMRS, SATC up 8. AMRS in 5-day rise. SATC off the botom. DSTI, SLMU up 7. DSTI still on bottom. SLMU back to bottom 50-day. GTAT, NENE up 5. NENE up against top 200, looking like a buy again.
BFRE down 28, back to bottom (200) line. MGLT down 27, rejected by 50-days. HOKU down 18, another new low. QTMM down 17, bottom. CBEH down 14 after Thursday jump. CWET down 13, back near bottom. MXWL down 12. Is this the bottom? I think so. AEHI, ASPW down 11. ECOS, SPIR down 9. SPIR knocked back by 50-days. JASO down 3. With CSIQ up, I would watch JASO.
Friday, May 25, 2012
EARLY FRI
(stock #'s in %)
Dow down 43. Naz up 4.
AEHI up 55. Who didn't see that coming, huh? ZNNMF up 27. Would be nice to know what the hell this company does. BLQN up 18. QTWW up 17. Well, sure. NEXS up 15. AMBT up 11. CSIQ - a Chinese solar for godssakes - up 7.
MGLT down 27. BFRE down 26. HOKU down 20. MXWL, EFOI, QTMM, XSNX down 11. MXWL with the most volume. Yeah, I would buy it here.
Dow down 43. Naz up 4.
AEHI up 55. Who didn't see that coming, huh? ZNNMF up 27. Would be nice to know what the hell this company does. BLQN up 18. QTWW up 17. Well, sure. NEXS up 15. AMBT up 11. CSIQ - a Chinese solar for godssakes - up 7.
MGLT down 27. BFRE down 26. HOKU down 20. MXWL, EFOI, QTMM, XSNX down 11. MXWL with the most volume. Yeah, I would buy it here.
STUFF
Seadrill expected to have 18 more offshore ultra-deepwater rigs by '15. Each rig can earn up to $650K/d. (Cost for Repsol's dry well off Cuba was $175M).
SoCalGas demonstrating cogen solar. Mirrors and tracking system to capture sun, then focus on PV solar array. Produces el and hot water. Hot water used in 10-ton AC unit (cools 2 avg-size homes). Cogenra Solar modular plug-and-play equipment. (AC uses ~50% of bldg's el.)
CT's Clean E Finance and Investment Auth has new program to promote residential solar. $10M in subsidies, incentives to add another 5.6MW around the state. Auth charged to achieve 30MW of new rez solar by '22.
Nanosolar completed install of 1MW solar at Cal Nat Guard facility. Part of DOD tech certification program. DOD spends >$4B/y on el. Nanosolar has thin-film CIGS tech. They say they'll have grid parity with fossils by '15. Modules now at 11.5% efficiency, expecting 14% in '13. 115MW/y prod capac.
GE's 1.9GW coal-fired power plant in PA getting 2 new scrubbers by '14 for $750M. A 3rd unit had scrubber installed in '01.
NG prices (delivered) $2.80-3.20/MBTU past 90 days. Coal's been $4-4.50 in same period (down ~30% in past year). 1 reason why Lakeland Energy the latest utility to convert coal-burning unit to either coal or NG. The other reason - new proposed EPA emission rules. NG burns hotter than coal. Costs ~ $5-6M to convert. NG expected to stay at low prices for next 5 yrs.
MD gov signed bill that accels target date 2 years for 2% solar in state.
OH has 72 fracked wells now. 2,250 expected by '15. Cleaning frack water to be $9B biz by '20. Though waterless fracking tech in development.
And on it goes, pards. And here we are at summer. Honor a vet or all of them. Onward and upward.
SoCalGas demonstrating cogen solar. Mirrors and tracking system to capture sun, then focus on PV solar array. Produces el and hot water. Hot water used in 10-ton AC unit (cools 2 avg-size homes). Cogenra Solar modular plug-and-play equipment. (AC uses ~50% of bldg's el.)
CT's Clean E Finance and Investment Auth has new program to promote residential solar. $10M in subsidies, incentives to add another 5.6MW around the state. Auth charged to achieve 30MW of new rez solar by '22.
Nanosolar completed install of 1MW solar at Cal Nat Guard facility. Part of DOD tech certification program. DOD spends >$4B/y on el. Nanosolar has thin-film CIGS tech. They say they'll have grid parity with fossils by '15. Modules now at 11.5% efficiency, expecting 14% in '13. 115MW/y prod capac.
GE's 1.9GW coal-fired power plant in PA getting 2 new scrubbers by '14 for $750M. A 3rd unit had scrubber installed in '01.
NG prices (delivered) $2.80-3.20/MBTU past 90 days. Coal's been $4-4.50 in same period (down ~30% in past year). 1 reason why Lakeland Energy the latest utility to convert coal-burning unit to either coal or NG. The other reason - new proposed EPA emission rules. NG burns hotter than coal. Costs ~ $5-6M to convert. NG expected to stay at low prices for next 5 yrs.
MD gov signed bill that accels target date 2 years for 2% solar in state.
OH has 72 fracked wells now. 2,250 expected by '15. Cleaning frack water to be $9B biz by '20. Though waterless fracking tech in development.
And on it goes, pards. And here we are at summer. Honor a vet or all of them. Onward and upward.
FRIDAY OPEN
(stock #'s in %)
Market totally flat. Volume very light. Oil steady under $91. Going into 3-day weekend, volume will probably stay light as EU tries to sort out Greece. Then there's Spain.
CRGE up 29. NEXS up 19. XSNX up another 9. At least they can bounce back. SATC up 8. DSTI up 6. BYDDF up 5.
HOKU down another 19. Another new low. CBEH down 15 after yesterday's zoom. NGLPF down 9. MXWL down 8 more on downgrade. Seems like the final push to squeeze out all the sellers. Watch for short covering.
Market totally flat. Volume very light. Oil steady under $91. Going into 3-day weekend, volume will probably stay light as EU tries to sort out Greece. Then there's Spain.
CRGE up 29. NEXS up 19. XSNX up another 9. At least they can bounce back. SATC up 8. DSTI up 6. BYDDF up 5.
HOKU down another 19. Another new low. CBEH down 15 after yesterday's zoom. NGLPF down 9. MXWL down 8 more on downgrade. Seems like the final push to squeeze out all the sellers. Watch for short covering.
Thursday, May 24, 2012
THURSDAY CLOSE
(stock #'s in %)
Market mixed and flat. Dow up, Naz down. Volume normal. Oil still under $91. China stimulus coming as growth slows further. Maybe Euro bonds too.
MGLT up 80. Botta boom, botta bing. CBEH up 63 on news. XSNX up 30. SPIR up 12 on not even 2K shs. AMBT, VNDB up 11. AMBT in 2-day rise through 50-day lines to 200-days. AONE up 10. GEVO up 9 off bottom after month-long fall. PEIX up 8 more in 4-day rise. FCEL up 6. LSCG up 4, going up for a month.
CRGE down 38. BOPO down 30. HOKU down 25 more. Volume up lately. Are they bankrupt? Is their plant done and started? No news. MMMW down 19. WPRT down 11 after 4-day rise. PTOS down 11. AEHI down 10. NENE down 2. MXWL down 1. I think they're bottomed out.
Market mixed and flat. Dow up, Naz down. Volume normal. Oil still under $91. China stimulus coming as growth slows further. Maybe Euro bonds too.
MGLT up 80. Botta boom, botta bing. CBEH up 63 on news. XSNX up 30. SPIR up 12 on not even 2K shs. AMBT, VNDB up 11. AMBT in 2-day rise through 50-day lines to 200-days. AONE up 10. GEVO up 9 off bottom after month-long fall. PEIX up 8 more in 4-day rise. FCEL up 6. LSCG up 4, going up for a month.
CRGE down 38. BOPO down 30. HOKU down 25 more. Volume up lately. Are they bankrupt? Is their plant done and started? No news. MMMW down 19. WPRT down 11 after 4-day rise. PTOS down 11. AEHI down 10. NENE down 2. MXWL down 1. I think they're bottomed out.
STUFF
Syria oil minister says sanctions have cost them $4B.
China ruled US govt support for 6 clean energy projects violated WTO free-trade rules.
Feds cited BP for repeatedly exceeding emissions limits on refinery flares. BP to spend >$400M to reduce emissions from IN refinery.
BLM intends to regulate methane emissions from coal mines on public land.
FERC approved Iowa to IL clean energy powerline.
Gulf of Mex fish catches down in 1st full commercial season since BP spill.
1/3 of MD's coastal sea grass disappearing.
NRC granted 20-yr extension to Washington reactor.
Goldman Sachs to invest $40B in clean tech projects.
Los Angeles banned plastic bags.
Minority children in US show higher levels of flame retardant in blood.
Sundrop Fuels partnering with ThyssonKrupp Uhde for 50M gal/y "green gasoline" plant in Louisiana. Biomass conversion with NG. Construction start expected late this year. Chesapeake Energy invested $155M in Sundrop last year.
GraalBio (Brazil) to invest $750M in 5 cellulosic ethanol plants in next few years. 1st 21M gal/y plant to use sugarcane bagasse, straw as feedstock. Expected online end of '13. Novozymes to provide enzymes, DSM gen-modified yeasts.
Global advanced biofuels production capacity expected to reach 15M gal/y this year, 250M gal/y capacity under construction. Brazil study shows using just 20% of available ag residues could result in 45B gal/y of ethanol by '30 (83% of its annual gasoline use).
Belgian Export Credit Agency underwrote $330M for the 44M gal/y wheat-based ethanol plant planned in UK.
Ukraine, Russia, Australia, US experiencing droughts with wheat crops.
Report proves large amounts of methane released as arctic ice melts.
New analysis from NRDC says XL pipeline could add $20-40 to a barrel of oil in US. Tar sands crude would divert oil from midwestern refineries, increasing their prices for crude, and would go to TX refineries that are maximizing diesel production for export, reducing gasoline production for US.
Iran tentatively agreed to allow UN's IAEA to launch inspections of nuclear program. Yes, Virginia, there can be good news.
China ruled US govt support for 6 clean energy projects violated WTO free-trade rules.
Feds cited BP for repeatedly exceeding emissions limits on refinery flares. BP to spend >$400M to reduce emissions from IN refinery.
BLM intends to regulate methane emissions from coal mines on public land.
FERC approved Iowa to IL clean energy powerline.
Gulf of Mex fish catches down in 1st full commercial season since BP spill.
1/3 of MD's coastal sea grass disappearing.
NRC granted 20-yr extension to Washington reactor.
Goldman Sachs to invest $40B in clean tech projects.
Los Angeles banned plastic bags.
Minority children in US show higher levels of flame retardant in blood.
Sundrop Fuels partnering with ThyssonKrupp Uhde for 50M gal/y "green gasoline" plant in Louisiana. Biomass conversion with NG. Construction start expected late this year. Chesapeake Energy invested $155M in Sundrop last year.
GraalBio (Brazil) to invest $750M in 5 cellulosic ethanol plants in next few years. 1st 21M gal/y plant to use sugarcane bagasse, straw as feedstock. Expected online end of '13. Novozymes to provide enzymes, DSM gen-modified yeasts.
Global advanced biofuels production capacity expected to reach 15M gal/y this year, 250M gal/y capacity under construction. Brazil study shows using just 20% of available ag residues could result in 45B gal/y of ethanol by '30 (83% of its annual gasoline use).
Belgian Export Credit Agency underwrote $330M for the 44M gal/y wheat-based ethanol plant planned in UK.
Ukraine, Russia, Australia, US experiencing droughts with wheat crops.
Report proves large amounts of methane released as arctic ice melts.
New analysis from NRDC says XL pipeline could add $20-40 to a barrel of oil in US. Tar sands crude would divert oil from midwestern refineries, increasing their prices for crude, and would go to TX refineries that are maximizing diesel production for export, reducing gasoline production for US.
Iran tentatively agreed to allow UN's IAEA to launch inspections of nuclear program. Yes, Virginia, there can be good news.
THURSDAY OPEN
(stock #'s in %)
Market up 28/0/3. Volume normal. Oil just under $91.
CBEH up 54, a jump over 3 bottom lines. XSNX up 21 on rebound from yesterday. LEXG up 14. CWET up 10. AONE, ECOS up 9. PEIX, SATC up 6.
BFRE down 30 on 700 shs. HOKU down another 19. CRGE down 16. VNDB, CCTC down 8. CLNT, NFEC, ZAAP down 6. NENE down 2.
Market up 28/0/3. Volume normal. Oil just under $91.
CBEH up 54, a jump over 3 bottom lines. XSNX up 21 on rebound from yesterday. LEXG up 14. CWET up 10. AONE, ECOS up 9. PEIX, SATC up 6.
BFRE down 30 on 700 shs. HOKU down another 19. CRGE down 16. VNDB, CCTC down 8. CLNT, NFEC, ZAAP down 6. NENE down 2.
Wednesday, May 23, 2012
WEDNESDAY CLOSE
(stock #'s in %)
Market was way down but closed flat and mixed. Indeces finished above top 200-day lines. Volume got busy. And oil still stayed down near $90 (though pumps across the street went back up to $3.79 from $3.69 - one must suppose for the Memorial Day weekend gouge). And market came back why? Shorting?
BOPO up 53. AMBT up 27, jumping from bottom to over 50-day lines. BLDW up 26 on all of 17K shs. CSGH up 18. WPRT up 13, a 3-day fight back now. AMSC, TMEN up 12. AMSC had news. AMRS, NFEC, SLMU up 10. AONE up 8.
XSNX down 30. That's a new low. Big volume. And where's their product? CPWY, CSOL down 28 on nominal volume. DYMTF down 20. PPRW down 17 on 3K shs. ECOS, HOKU down 15. HOKU had a nice comeback off the day low. CRGE, DSTI down 13. Will DSTI ever start producing their CIGS solar cells? ZNNMF down 10, chart saying keep an eye on it tomorrow.
Market was way down but closed flat and mixed. Indeces finished above top 200-day lines. Volume got busy. And oil still stayed down near $90 (though pumps across the street went back up to $3.79 from $3.69 - one must suppose for the Memorial Day weekend gouge). And market came back why? Shorting?
BOPO up 53. AMBT up 27, jumping from bottom to over 50-day lines. BLDW up 26 on all of 17K shs. CSGH up 18. WPRT up 13, a 3-day fight back now. AMSC, TMEN up 12. AMSC had news. AMRS, NFEC, SLMU up 10. AONE up 8.
XSNX down 30. That's a new low. Big volume. And where's their product? CPWY, CSOL down 28 on nominal volume. DYMTF down 20. PPRW down 17 on 3K shs. ECOS, HOKU down 15. HOKU had a nice comeback off the day low. CRGE, DSTI down 13. Will DSTI ever start producing their CIGS solar cells? ZNNMF down 10, chart saying keep an eye on it tomorrow.
STUFF
Polysilicon prices ~$23/kg last week. ~$400 in '08. Basic component in silicon PV solar, o course. And puter chips.
US oil supplies @ 22-year high.
WHO computer projections suggest public was exposed to lower radiation than feared at Fuku.
Study: coastal sea grass traps carbon more efficiently than forests.
Army Corps of Engineers: southern leg of XL pipeline changed route to avoid EPA weigh-in on Clean Water Act.
BLM intends to regulate mine methane releases.
Romney's energy advisor gave big to super PAC. Well, look at it. Energy industry what globally, $6-7T/y now? And US budget at what, $3T/y. Before the tea party has at it. So. Are we at the mercy of the energy industry? And a tea party?
NM jet fuel spill could be 2x Exxon Valdez? First I herd.
Mass reactor - Yankee? - offline after "mech malfunc". Probably union reaction to "all nonessential workers can go home" last week. Nonessential workers at a nuclear power plant?!
Putin ally to head state oil comp. Duh. Or is it dah?
Taiwan to become the next big solar manufacturing hub?
"Sputtered" molybdenum electrodes (MO) for CIGS solar cells coming from large-scale glass makers. I saw Guardian Industries Corp on this.
Foreign dominance of US clean energy market spells trouble for USA: Third Way.
With closure of 7GW of nuke energy after Fuku, Germany still exported 7TWh v. 70TWh of el in '11.
Among the BP GOM oil spill legacy: eyeless shrimp, clawless crabs and fish with lesions.
UK rejected shale gas tech as solution to their energy crisis. They don't have any. They may go nuke. Or tidal or wave or offshore wind.
Building out wind E can save midwest consumers $63-200/y by '20. Synapse Energy Economics study. With necessary transmissions lines. Not in anybody's back yards, unfortunately. NABYU.
Ag Processing restarted mothbolled 60M gal/y biodiesel plant in Iowa.
OOIL revs up, loss widened to $2M.
Canadian oil producers blending ethanol @ 30% over mandated levels (E5).
Chief of Naval Ops (US) joined calling for US biofuels focus.
China warning Australia to choose them or the US. Actually, Australia is still part of UK. What the hell is going on with that?
Kurdish oil pipeline could split Iraq. Didn't Biden suggest that way back? Split up Iraq. The US had the call of the ball. Culd have split Iraq into what they maybe should be now. Kurds, Shia, Shiite. But for some reason - probably money - we did not. And so we pay. And deeper in debt for not standing up to reality.
US oil supplies @ 22-year high.
WHO computer projections suggest public was exposed to lower radiation than feared at Fuku.
Study: coastal sea grass traps carbon more efficiently than forests.
Army Corps of Engineers: southern leg of XL pipeline changed route to avoid EPA weigh-in on Clean Water Act.
BLM intends to regulate mine methane releases.
Romney's energy advisor gave big to super PAC. Well, look at it. Energy industry what globally, $6-7T/y now? And US budget at what, $3T/y. Before the tea party has at it. So. Are we at the mercy of the energy industry? And a tea party?
NM jet fuel spill could be 2x Exxon Valdez? First I herd.
Mass reactor - Yankee? - offline after "mech malfunc". Probably union reaction to "all nonessential workers can go home" last week. Nonessential workers at a nuclear power plant?!
Putin ally to head state oil comp. Duh. Or is it dah?
Taiwan to become the next big solar manufacturing hub?
"Sputtered" molybdenum electrodes (MO) for CIGS solar cells coming from large-scale glass makers. I saw Guardian Industries Corp on this.
Foreign dominance of US clean energy market spells trouble for USA: Third Way.
With closure of 7GW of nuke energy after Fuku, Germany still exported 7TWh v. 70TWh of el in '11.
Among the BP GOM oil spill legacy: eyeless shrimp, clawless crabs and fish with lesions.
UK rejected shale gas tech as solution to their energy crisis. They don't have any. They may go nuke. Or tidal or wave or offshore wind.
Building out wind E can save midwest consumers $63-200/y by '20. Synapse Energy Economics study. With necessary transmissions lines. Not in anybody's back yards, unfortunately. NABYU.
Ag Processing restarted mothbolled 60M gal/y biodiesel plant in Iowa.
OOIL revs up, loss widened to $2M.
Canadian oil producers blending ethanol @ 30% over mandated levels (E5).
Chief of Naval Ops (US) joined calling for US biofuels focus.
China warning Australia to choose them or the US. Actually, Australia is still part of UK. What the hell is going on with that?
Kurdish oil pipeline could split Iraq. Didn't Biden suggest that way back? Split up Iraq. The US had the call of the ball. Culd have split Iraq into what they maybe should be now. Kurds, Shia, Shiite. But for some reason - probably money - we did not. And so we pay. And deeper in debt for not standing up to reality.
WEDNESDAY OPEN
(stock #'s in %)
Market down 160/32/16. All indeces back under top 200-day line. Volume normal. Oil under $91. Greece - apparently no more muddling through.
CBAK up 9. NFEC, AMRS up 8. AMSC up 5 on contract news.
HOKU down 25 more, another new low. CRGE down 20. ECOS down 15. SLMU down 14. KIOR down 8, heading back to bottom. LSCG down 3. MXWL down 2, still looking for bottom.
Market down 160/32/16. All indeces back under top 200-day line. Volume normal. Oil under $91. Greece - apparently no more muddling through.
CBAK up 9. NFEC, AMRS up 8. AMSC up 5 on contract news.
HOKU down 25 more, another new low. CRGE down 20. ECOS down 15. SLMU down 14. KIOR down 8, heading back to bottom. LSCG down 3. MXWL down 2, still looking for bottom.
Tuesday, May 22, 2012
TUESDAY CLOSE
(stock #'s in %)
Market flat and mixed. Volume normal. Oil down under $92.
CBWP up 53 on 10K shs. SLMU up 44, 200-day lines holding. CLNT up 40. CRGE up 38. PTOS up 36. TMEN up 20. ECOS up 18. AMRS, ZAAP up 16. ECTY, GPRC up 14. PEIX up 11. DSTI up 10. CCTC up 9.
OOIL, XSNX down 15. HOKU down 13. ENZR down 11. CCGI down 10. LSCG down 9. AMEL down 7. GEVO down 6. MXWL down 2. Bottom?
Market flat and mixed. Volume normal. Oil down under $92.
CBWP up 53 on 10K shs. SLMU up 44, 200-day lines holding. CLNT up 40. CRGE up 38. PTOS up 36. TMEN up 20. ECOS up 18. AMRS, ZAAP up 16. ECTY, GPRC up 14. PEIX up 11. DSTI up 10. CCTC up 9.
OOIL, XSNX down 15. HOKU down 13. ENZR down 11. CCGI down 10. LSCG down 9. AMEL down 7. GEVO down 6. MXWL down 2. Bottom?
STUFF
RMT - unit of Alliant Energy - building 555MW of wind power in 7 projects this year.
Sun Ed got $65M financed for 20MW solar project in AZ. Will use parent's MEMC PV modules. Single-axis tracking.
FERC approved NG pipeline from NJ to Manhattan.
US fed govt the world's largest user of energy. Cost ~$20B in FY '10, $7B alone for fed bldgs. Since '98, govt has been awarding Energy Savings Performance Contracts to pay for efficiency upgrades. Comps do the upgrades and get paid back with the savings for so many years, then govt gets the savings.
Crop insurance policies - regulated, subsidized by USDA - provide coverage on per-crop basis. Small, organic farms with diverse crop base have to apply for dozen or more separate policies, if they choose to at all. The burden on them is completely out of balance. Just another problem that needs fixing. Now.
Petronas halted all imports of Iran crude in S Africa. OPEC says Iran oil production down 12% in Q1 due to sanctions.
Sun Ed got $65M financed for 20MW solar project in AZ. Will use parent's MEMC PV modules. Single-axis tracking.
FERC approved NG pipeline from NJ to Manhattan.
US fed govt the world's largest user of energy. Cost ~$20B in FY '10, $7B alone for fed bldgs. Since '98, govt has been awarding Energy Savings Performance Contracts to pay for efficiency upgrades. Comps do the upgrades and get paid back with the savings for so many years, then govt gets the savings.
Crop insurance policies - regulated, subsidized by USDA - provide coverage on per-crop basis. Small, organic farms with diverse crop base have to apply for dozen or more separate policies, if they choose to at all. The burden on them is completely out of balance. Just another problem that needs fixing. Now.
Petronas halted all imports of Iran crude in S Africa. OPEC says Iran oil production down 12% in Q1 due to sanctions.
TUESDAY OPEN
(stock #'s in %)
Market up 50/14/10. Volume normal. Oil over $92. US home sales up. Fitch cut Japan debt rating.
CLNT up 48 on news of under $2M in new orders. Back up to bottom 3 lines. ECTY up 41 after reporting revs up 215% ($13.7M), net $1.2M. Jump from bottom to over 50-day lines. TMEN up 28 on news. On double bottom? QTWW up 15 on news. PEIX up 15. SLMU, CRGE up 14. CCTC up 13, crossed a 50-day and headed toward the top 50. BIOF up 12, possibly double bottom like PEIX. ABAT, DSTI up 10. ABAT over 50-days again. ENOC up 9 on news. Hit 50's. JASO, TSLA up 6, TSLA with news, back over 200's.
OOIL down 30, new low. HOKU, ZNNMF down 10, HOKU another new low. XSNX down 9. QTMM down 8. CREE down 6 on news, back below bottom (200) line. LSCG down 5.
Market up 50/14/10. Volume normal. Oil over $92. US home sales up. Fitch cut Japan debt rating.
CLNT up 48 on news of under $2M in new orders. Back up to bottom 3 lines. ECTY up 41 after reporting revs up 215% ($13.7M), net $1.2M. Jump from bottom to over 50-day lines. TMEN up 28 on news. On double bottom? QTWW up 15 on news. PEIX up 15. SLMU, CRGE up 14. CCTC up 13, crossed a 50-day and headed toward the top 50. BIOF up 12, possibly double bottom like PEIX. ABAT, DSTI up 10. ABAT over 50-days again. ENOC up 9 on news. Hit 50's. JASO, TSLA up 6, TSLA with news, back over 200's.
OOIL down 30, new low. HOKU, ZNNMF down 10, HOKU another new low. XSNX down 9. QTMM down 8. CREE down 6 on news, back below bottom (200) line. LSCG down 5.
Monday, May 21, 2012
MONDAY CLOSE
(stock #'s in %)
Market up 135/68/20. Volume a little heavy. Oil up near $93. All indeces went back over top 200-day line.
CGYV up 115 on 4K shs, comeback from Friday. CPWY up 76, zoom over 50-day lines. LEOM up 40 on 7K shs. BLQN up 30 on 3K. LSCG up 24 in big turnaround, 50-days held. XSNX up 22. CSUN up 20. CCTC up 17, 200-days held. AMRS, KNDI, MMMW up 15. KNDI back to bottom (200-day) line. AMRS off its bottom. NENE, LEXG up 12. NENE back above bottom (200) line. WPRT up 11, day 2 of rise. JASO, SYNM, ADES up 10. ADES back to 50-day (top) lines. CLNE, VRNM up 9. VRNM in 2-day rise off 200-day (bottom) lines.
CRGE down 40. SLMU down 32, back down under 200-day. TMEN down 30. BLDW down 22 on 4K shs. NPWZ down 16. ZAAP down 14, new low. HOKU down 10, new low.
Market up 135/68/20. Volume a little heavy. Oil up near $93. All indeces went back over top 200-day line.
CGYV up 115 on 4K shs, comeback from Friday. CPWY up 76, zoom over 50-day lines. LEOM up 40 on 7K shs. BLQN up 30 on 3K. LSCG up 24 in big turnaround, 50-days held. XSNX up 22. CSUN up 20. CCTC up 17, 200-days held. AMRS, KNDI, MMMW up 15. KNDI back to bottom (200-day) line. AMRS off its bottom. NENE, LEXG up 12. NENE back above bottom (200) line. WPRT up 11, day 2 of rise. JASO, SYNM, ADES up 10. ADES back to 50-day (top) lines. CLNE, VRNM up 9. VRNM in 2-day rise off 200-day (bottom) lines.
CRGE down 40. SLMU down 32, back down under 200-day. TMEN down 30. BLDW down 22 on 4K shs. NPWZ down 16. ZAAP down 14, new low. HOKU down 10, new low.
STUFF
NRC chairman resigning.
GAO: US power plants built before '79 provided 45% of el from fossil fuels in '10 and 75% of SO2 emissions, >60% of NOX and >50% of carbon.
US military's advanced biofuel programs took a funding hit in defense bill passed by House on Friday.
Groundwater pumping appears to be a major contributor to sea level rise.
Company seeking approval to export LNG from Georgia terminal.
Repsol cancelled Argentine LNG contract and filed suit vs. Argentina over YPF nationalization.
Iran struck first oil in Caspian in 100 years. Estimated 10B bls.
Kyocera Solar began shipments of 34MW of US-made modules for 127MW project in AZ under development by LS Power Group. Online late '13.
Energy Source 50MW geothermal plant now online. $400M. Started in '10. First geo plant in Salton Sea area in 20 years. Area potential capacity up to 2GW. Brine there also contains lithium, manganese and zinc.
Consensus growing that oil pipeline flow reversal won't drain much of the glut at Cushing, OK until capacity increases to 400kb/d next year.
US NG prices now up 75 cents in last 6 weeks to ~$2.74.
Recent surge in Saud oil production to >9.9mb/d puts them ahead of Russia for first time since '06.
Brazil ethanol production down >40% from '11 in April. Gasoline imports from US, Europe may rise.
Repsol says exploratory oil well offshore Cuba came up dry.
China's 3 largest coal mining areas raised production in 1Q12 15% yoy. 761M tons. 65% of total production.
Enbridge spending $3.2B on pipeline projects to reverse oil flow in Canada to west to east and prevent bottlenecks in US midwest.
DOI: of 36M acres leased offshore and onshore for oil/gas development, only 10M under active development. So. It's not govt's fault. It's the industry. Maybe they want to keep prices high. Huh.
Petrobras may raise oil/gas reserves to 30B bls oil equiv.
China started building world's largest capacity power line. 800kV, $3.7B, 1,373 miles.
Poluution helps warm atmos by strengthening summer storms, causing tops to spread out higher in atmos and capture heat, especially at night: Science Daily.
GAO: US power plants built before '79 provided 45% of el from fossil fuels in '10 and 75% of SO2 emissions, >60% of NOX and >50% of carbon.
US military's advanced biofuel programs took a funding hit in defense bill passed by House on Friday.
Groundwater pumping appears to be a major contributor to sea level rise.
Company seeking approval to export LNG from Georgia terminal.
Repsol cancelled Argentine LNG contract and filed suit vs. Argentina over YPF nationalization.
Iran struck first oil in Caspian in 100 years. Estimated 10B bls.
Kyocera Solar began shipments of 34MW of US-made modules for 127MW project in AZ under development by LS Power Group. Online late '13.
Energy Source 50MW geothermal plant now online. $400M. Started in '10. First geo plant in Salton Sea area in 20 years. Area potential capacity up to 2GW. Brine there also contains lithium, manganese and zinc.
Consensus growing that oil pipeline flow reversal won't drain much of the glut at Cushing, OK until capacity increases to 400kb/d next year.
US NG prices now up 75 cents in last 6 weeks to ~$2.74.
Recent surge in Saud oil production to >9.9mb/d puts them ahead of Russia for first time since '06.
Brazil ethanol production down >40% from '11 in April. Gasoline imports from US, Europe may rise.
Repsol says exploratory oil well offshore Cuba came up dry.
China's 3 largest coal mining areas raised production in 1Q12 15% yoy. 761M tons. 65% of total production.
Enbridge spending $3.2B on pipeline projects to reverse oil flow in Canada to west to east and prevent bottlenecks in US midwest.
DOI: of 36M acres leased offshore and onshore for oil/gas development, only 10M under active development. So. It's not govt's fault. It's the industry. Maybe they want to keep prices high. Huh.
Petrobras may raise oil/gas reserves to 30B bls oil equiv.
China started building world's largest capacity power line. 800kV, $3.7B, 1,373 miles.
Poluution helps warm atmos by strengthening summer storms, causing tops to spread out higher in atmos and capture heat, especially at night: Science Daily.
MONDAY OPEN
(stock #'s in %)
Market up 82/34/12. Volume a little heavy. Oil up to around $92.
XSNX up 18. AMRS up 16, off the bottom. CSUN up 10. NENE up 8, back over bottom (200-day) line. CCTC up 8. NFEC up 4.
SLMU down 20, back to top 200-day line. NEXS down 18, new low. EFOI, GWBU down 11. GWBU a probable pump and dump, got the flyer last week. CWET down 9.
Market up 82/34/12. Volume a little heavy. Oil up to around $92.
XSNX up 18. AMRS up 16, off the bottom. CSUN up 10. NENE up 8, back over bottom (200-day) line. CCTC up 8. NFEC up 4.
SLMU down 20, back to top 200-day line. NEXS down 18, new low. EFOI, GWBU down 11. GWBU a probable pump and dump, got the flyer last week. CWET down 9.
Friday, May 18, 2012
FRIDAY CLOSE
(stock #'s in %)
Market down 73/34/9. All indeces closing in on bottom (200-day) lines. Volume very heavy (options Friday). Oil down around $91. G8 meets this weekend. Fitch downgraded 5 Greek banks.
AMLM up 46. Back and forth. CRGE up 40. Same thing. CCGI up 22, almost double from day's bottom. NPWZ up 11.
LEOM down 33. Back and forth. ECOS down 23. NEXS down 17. CSUN down 16. JASO down 15. PEIX, QTWW, CLNT down 12. LEXG down 11. NTCXF, XSNX down 10. SPWR, NENE, PWER down 9. FSLR, AMEL down 8. FSLR another new low. ASYS, LSCG down 7. ASYS another new low. LSCG real close to 50-day lines.
Market down 73/34/9. All indeces closing in on bottom (200-day) lines. Volume very heavy (options Friday). Oil down around $91. G8 meets this weekend. Fitch downgraded 5 Greek banks.
AMLM up 46. Back and forth. CRGE up 40. Same thing. CCGI up 22, almost double from day's bottom. NPWZ up 11.
LEOM down 33. Back and forth. ECOS down 23. NEXS down 17. CSUN down 16. JASO down 15. PEIX, QTWW, CLNT down 12. LEXG down 11. NTCXF, XSNX down 10. SPWR, NENE, PWER down 9. FSLR, AMEL down 8. FSLR another new low. ASYS, LSCG down 7. ASYS another new low. LSCG real close to 50-day lines.
STUFF
NOAA official told senators the fed govt lacks the money for tsunami debris cleanup on west coast. States affected will have to incur the costs.
Novazymes, Clean Star opened biofuel plant in Mozambique to supply ethanol to households that rely on charcoal for cooking. Africa has gone from 3M square miles of forest to ~1M mostly because of charcoal cooking - indoors (= smoking 2 packs/day of cigs). Charcoal market in sub-Sahara >$10B/y.
Rapid climate changes quickly depleting moose in N Minn woods.
Enbridge plans to reverse flow of oil pipeline that now carries 240kb/d of imported oil from Canada's east coast to the west and pump oil sands oil east.
China increasing rare earths exports.
Apple to power 3 data centers with 100% clean, renewable energy. Global data center el demand up 19% in '12 to 31GW. $450B/yr spent on new centers.
20 small island nations banding together for hydropower, other clean, renewable power development.
Cost of bringing 1 Bakken oil well into production up from avg $6.5M in '10 to $8.5M in 1Q12.
India put jatropha planting program on hold. Singapore lab and comp developed genetic-modified jatropha plants with high oleic acid content in seeds. Columbia touting sugarcane, palm resources for biofuels projects.
Novazymes, Clean Star opened biofuel plant in Mozambique to supply ethanol to households that rely on charcoal for cooking. Africa has gone from 3M square miles of forest to ~1M mostly because of charcoal cooking - indoors (= smoking 2 packs/day of cigs). Charcoal market in sub-Sahara >$10B/y.
Rapid climate changes quickly depleting moose in N Minn woods.
Enbridge plans to reverse flow of oil pipeline that now carries 240kb/d of imported oil from Canada's east coast to the west and pump oil sands oil east.
China increasing rare earths exports.
Apple to power 3 data centers with 100% clean, renewable energy. Global data center el demand up 19% in '12 to 31GW. $450B/yr spent on new centers.
20 small island nations banding together for hydropower, other clean, renewable power development.
Cost of bringing 1 Bakken oil well into production up from avg $6.5M in '10 to $8.5M in 1Q12.
India put jatropha planting program on hold. Singapore lab and comp developed genetic-modified jatropha plants with high oleic acid content in seeds. Columbia touting sugarcane, palm resources for biofuels projects.
STUFF
NG now costs roughly same as $15 bl of oil. >210 NG pipeline systems in US. >300K miles of pipe. 1,400 compressor stations. 11K delivery points. 24 market hubs. >400 underground storage facilities. And we're still not prepared for transition from oil.
Iberdrola cancelled 2 wind power projects in PA. 64 turbines total. BP Wind Energy and Sempra to build 140MW wind farm in PA. $300M. Online by yearend. Ever Power Wind Holdings has 30 turbine farm in site prep, ground broken for 17 turbine farm to be online by yearend and another 32 turbine farm now online, all in PA.
E.ON Energy building 125 turbines at 2 farms in IN.
S Cal Ed now says 2.2GW San Onofre nuke will probably stay offline this summer. The Cal ISO working contingency plans to keep the lights on in S Cal.
Pilgrim nuke in Mass current op license weeks from expiring. But they can op past expire as long as it takes NRC to decide on 20-yr extension. Meanwhile, the plant operator sent half of workforce home in labor contract disagreement.
Chu: clean E revolution ripe for US leadership.
Innergex Renewable Energy began ops of 27MW solar farm in Ontario. Solar World modules. $16M/y revs, $142M cost. Comp has 6 more solar projects - total 59MW - submitted to Ontario FIT program. You know, that's pretty far north to make solar feasible, isn't it? But, by those figs, it's maybe a ten-year payout.
Enerfin Energy closed on $250M for 100MW wind farm in Quebec now under constr. 50 Enercon turbines. 18-month build.
Johnson Controls says retrofit biz heating up with energy performance contracting and property assessed clean E (PACE) financing models. PACE adds costs of retro to bldg's property tax for 20 yrs. Didn't fly for residential, but now caught on with commercial property.
Iberdrola cancelled 2 wind power projects in PA. 64 turbines total. BP Wind Energy and Sempra to build 140MW wind farm in PA. $300M. Online by yearend. Ever Power Wind Holdings has 30 turbine farm in site prep, ground broken for 17 turbine farm to be online by yearend and another 32 turbine farm now online, all in PA.
E.ON Energy building 125 turbines at 2 farms in IN.
S Cal Ed now says 2.2GW San Onofre nuke will probably stay offline this summer. The Cal ISO working contingency plans to keep the lights on in S Cal.
Pilgrim nuke in Mass current op license weeks from expiring. But they can op past expire as long as it takes NRC to decide on 20-yr extension. Meanwhile, the plant operator sent half of workforce home in labor contract disagreement.
Chu: clean E revolution ripe for US leadership.
Innergex Renewable Energy began ops of 27MW solar farm in Ontario. Solar World modules. $16M/y revs, $142M cost. Comp has 6 more solar projects - total 59MW - submitted to Ontario FIT program. You know, that's pretty far north to make solar feasible, isn't it? But, by those figs, it's maybe a ten-year payout.
Enerfin Energy closed on $250M for 100MW wind farm in Quebec now under constr. 50 Enercon turbines. 18-month build.
Johnson Controls says retrofit biz heating up with energy performance contracting and property assessed clean E (PACE) financing models. PACE adds costs of retro to bldg's property tax for 20 yrs. Didn't fly for residential, but now caught on with commercial property.
FRIDAY OPEN
(stock #'s in %)
Market up 35/11/5. Volume 2X normal, but it's options Friday. Oil down near $92.
EVSI up 17 on 4K shs. PSPW up 12 on 1,400. FCEL up 7 on rebound. VRNM up 4, bouncing off top 200-day line.
BLQN down 34 on 4K. SLMU down 32, falling through 200-day lines. ECOS down 23. NEXS down 21, new low, been going down all year. XSNX, BLDW down 16. BOPO down 13 on 2K. SENY down 12. PEIX down 12 more. QTWW down 9. LSCG, MXWL down 2. MXWL retesting bottom.
Market up 35/11/5. Volume 2X normal, but it's options Friday. Oil down near $92.
EVSI up 17 on 4K shs. PSPW up 12 on 1,400. FCEL up 7 on rebound. VRNM up 4, bouncing off top 200-day line.
BLQN down 34 on 4K. SLMU down 32, falling through 200-day lines. ECOS down 23. NEXS down 21, new low, been going down all year. XSNX, BLDW down 16. BOPO down 13 on 2K. SENY down 12. PEIX down 12 more. QTWW down 9. LSCG, MXWL down 2. MXWL retesting bottom.
Thursday, May 17, 2012
THURSDAY CLOSE
(stock #'s in %)
Market down 156/60/19. Volume heavy. Oil down to $92.50. Options Friday tomorrow. All indeces now under top 200-day lines. Fitch downgraded Greece. Commerce Dept put 31% import duty on Chinese solar. Will that spark a trade war?
BLDW up 42. ECOS up 30, bounce back to bottom (50) line. CRGE up 19. NTCXF up 18, bounce off top 3 lines. IFXY up 15. SPWR up 10 on Chinese tariff news and contract for Apple's data center. FSLR was up. ZNNMF up 9, a 37% gain from day's bottom. Fell through 2 lines, then ended above all lines.
CGYV down 50 on 2K shs. AMLM down 31. WWPW down 30 on nominal volume. BOPO down 22. AEHI down 20. JASO, PTOS down 16. JASO on the solar tariffs, the worst Chinese solar hit. A new low. GTAT, CCGI down 15. GTAT a new low after reporting late yesterday. PSPW down 13. LSCG, FCEL down 12. LSCG so far spurned by 200-day lines. 20 more cents down will bring them back to 50-days. FCEL pretty much back to where they started the year, then doubled by mid-March. PANL down 10. NFEC down 9. CLNT down 8 more. NENE down 6, falling through top 200-day line.
Market down 156/60/19. Volume heavy. Oil down to $92.50. Options Friday tomorrow. All indeces now under top 200-day lines. Fitch downgraded Greece. Commerce Dept put 31% import duty on Chinese solar. Will that spark a trade war?
BLDW up 42. ECOS up 30, bounce back to bottom (50) line. CRGE up 19. NTCXF up 18, bounce off top 3 lines. IFXY up 15. SPWR up 10 on Chinese tariff news and contract for Apple's data center. FSLR was up. ZNNMF up 9, a 37% gain from day's bottom. Fell through 2 lines, then ended above all lines.
CGYV down 50 on 2K shs. AMLM down 31. WWPW down 30 on nominal volume. BOPO down 22. AEHI down 20. JASO, PTOS down 16. JASO on the solar tariffs, the worst Chinese solar hit. A new low. GTAT, CCGI down 15. GTAT a new low after reporting late yesterday. PSPW down 13. LSCG, FCEL down 12. LSCG so far spurned by 200-day lines. 20 more cents down will bring them back to 50-days. FCEL pretty much back to where they started the year, then doubled by mid-March. PANL down 10. NFEC down 9. CLNT down 8 more. NENE down 6, falling through top 200-day line.
STUFF
Brazil had forecasted growth rate of 4.5% this year. Now it's closer to 2.7%.
DOI signed off on 315MW wind farm mostly on fed lands east of San Diego. Online end of this year.
EPA proposal to cut CO2 emissions from coal power plants would reduce emissions by 123B lbs of carbon per year.
TX oil boom - NG still being burned off because of lack of pipelines to transport it out. Permits to flare were 651 last year from 107 in '08. Can't we do better than that? It's a waste and spews GHG's.
DOI to lease 37M acres in central Gulf of Mex for oil development.
Hawaii banned plastic bags at checkouts. I recycle mine at Kroger. Trouble is, not everyone does. So, plastic bags should be banned anywhere not 100 miles inland from any coast. Just my opine.
Canada opened up bidding for Beaufort Sea oil development.
Nova Scotia made goal of 10% elgen from tidal power by '20.
Seaway oil pipe reversal scheduled for today. Will drain glut at Cushing, OK with flow to Gulf coast refineries. Initial flow 150kb/d.
Coalition of retired admirals, generals told Congress, "we can't drill our way to energy security" and to support alt fuels and reject that House Committee push against alt fuels.
Chevron Lummus Global joined initiative to develop drop-in biofuels for jet and diesel engines.
Virgin Australia started 8-week trial of B20 blends for its ground trans at Brisbane airport.
DOI signed off on 315MW wind farm mostly on fed lands east of San Diego. Online end of this year.
EPA proposal to cut CO2 emissions from coal power plants would reduce emissions by 123B lbs of carbon per year.
TX oil boom - NG still being burned off because of lack of pipelines to transport it out. Permits to flare were 651 last year from 107 in '08. Can't we do better than that? It's a waste and spews GHG's.
DOI to lease 37M acres in central Gulf of Mex for oil development.
Hawaii banned plastic bags at checkouts. I recycle mine at Kroger. Trouble is, not everyone does. So, plastic bags should be banned anywhere not 100 miles inland from any coast. Just my opine.
Canada opened up bidding for Beaufort Sea oil development.
Nova Scotia made goal of 10% elgen from tidal power by '20.
Seaway oil pipe reversal scheduled for today. Will drain glut at Cushing, OK with flow to Gulf coast refineries. Initial flow 150kb/d.
Coalition of retired admirals, generals told Congress, "we can't drill our way to energy security" and to support alt fuels and reject that House Committee push against alt fuels.
Chevron Lummus Global joined initiative to develop drop-in biofuels for jet and diesel engines.
Virgin Australia started 8-week trial of B20 blends for its ground trans at Brisbane airport.
THURSDAY OPEN
(stock #'s in %)
Market down 45/16/4. Volume normal. Oil up just over $93. US leading indicators down .1% in Apr. Philly-area manufacturing down in May. Moody's expected to downgrade Spanish banks. ECB stopping loans to some Greek banks. China boosting stimulus.
CRGE up 42. BLDW up 23. XSNX up 17. Typical.
ZNNMF down another 16 on day 2 of implosion, now below 3rd line (200-day). LEXG down 13. PANL down 7, continuing the May plunge. NENE down 6. LSCG down 5.
Market down 45/16/4. Volume normal. Oil up just over $93. US leading indicators down .1% in Apr. Philly-area manufacturing down in May. Moody's expected to downgrade Spanish banks. ECB stopping loans to some Greek banks. China boosting stimulus.
CRGE up 42. BLDW up 23. XSNX up 17. Typical.
ZNNMF down another 16 on day 2 of implosion, now below 3rd line (200-day). LEXG down 13. PANL down 7, continuing the May plunge. NENE down 6. LSCG down 5.
Wednesday, May 16, 2012
WEDNESDAY CLOSE
(stock #'s in %)
Market down 33/19/5. Volume a little heavy. Oil down under $93. Dow and S&P nearing top 200-day lines. Feds meeting didn't say much. Run on Greek banks.
AMLM up 26. CABN up 22. VLNC up 13, a bounce off latest bottom. EFOI up 11. LEXG, OOIL up 9. ALTI up 8. GTAT up 2 after hours after reporting (it could be shorting - I haven't seen the Q yet).
BLDW down 50. CRGE down 48. LEOM down 35. ZNNMF down 26, finally back to a line (50). CLNT down 24. CERP down 17. NTCXF down 15, back to 3 top lines. AMRS down 12, new low. ENZR down 11, back to its bottom (200) line. ITRI, QTMM, SLMU down 10. ITRI fell off bottom (200) line. ECOS, ECTY down 9. FSLR down 8. Another day, another new low. You might watch for a final implosion to buy in on for a bounce. CREG down 7. LSCG down 5.
Market down 33/19/5. Volume a little heavy. Oil down under $93. Dow and S&P nearing top 200-day lines. Feds meeting didn't say much. Run on Greek banks.
AMLM up 26. CABN up 22. VLNC up 13, a bounce off latest bottom. EFOI up 11. LEXG, OOIL up 9. ALTI up 8. GTAT up 2 after hours after reporting (it could be shorting - I haven't seen the Q yet).
BLDW down 50. CRGE down 48. LEOM down 35. ZNNMF down 26, finally back to a line (50). CLNT down 24. CERP down 17. NTCXF down 15, back to 3 top lines. AMRS down 12, new low. ENZR down 11, back to its bottom (200) line. ITRI, QTMM, SLMU down 10. ITRI fell off bottom (200) line. ECOS, ECTY down 9. FSLR down 8. Another day, another new low. You might watch for a final implosion to buy in on for a bounce. CREG down 7. LSCG down 5.
STUFF
Study backed by automakers contends the E15 blend approved by EPA damaged some car engines in tests. DOE says study is flawed. Filler-pipe caps on new Toyotas have "E15" in a red circle with a slash through it.
Total has plugged the N Sea well. Meanwhile, their chief exec says "world has used just a fraction of oil it will be possible to extract (because of tight gas and shale oil) ... definitely no concern about reserves." Maybe so. But what about the pollution and climate change.
China to start shale NG production next month.
House Armed Services Committee proposing ban on biofuels that cosst more than traditional fossil fuels. But would exempt DOD from using fuels more polluting than fossil (liquid fuels from coal, NG).
Total has plugged the N Sea well. Meanwhile, their chief exec says "world has used just a fraction of oil it will be possible to extract (because of tight gas and shale oil) ... definitely no concern about reserves." Maybe so. But what about the pollution and climate change.
China to start shale NG production next month.
House Armed Services Committee proposing ban on biofuels that cosst more than traditional fossil fuels. But would exempt DOD from using fuels more polluting than fossil (liquid fuels from coal, NG).
WEDNESDAY OPEN
(stock #'s in %)
Market up 40/13/6. Volume a little heavy. Oil was down around $92, now back up around $94. US industrial production up 1.1% in Apr, beat forecast. New US home starts beat forecast. US mortgage delinquencies fell to lowest since '08. And Greece.
EFOI up 14 on 3K shs. QTWW up 8 on contract news. MXWL up 1 more.
CLNT down 16 after reporting lousy numbers. Broke down through 50-day lines. I didn't see numbers that bad coming. AMPD down 13 on 2K shs. CERP, ZNNMF down 12. ZNNMF touched top (50-day) line. CRGE down 9 after yesterday's near-double.
Market up 40/13/6. Volume a little heavy. Oil was down around $92, now back up around $94. US industrial production up 1.1% in Apr, beat forecast. New US home starts beat forecast. US mortgage delinquencies fell to lowest since '08. And Greece.
EFOI up 14 on 3K shs. QTWW up 8 on contract news. MXWL up 1 more.
CLNT down 16 after reporting lousy numbers. Broke down through 50-day lines. I didn't see numbers that bad coming. AMPD down 13 on 2K shs. CERP, ZNNMF down 12. ZNNMF touched top (50-day) line. CRGE down 9 after yesterday's near-double.
Tuesday, May 15, 2012
TUESDAY CLOSE
(stock #'s in %)
Market down 63/8/7. Volume normal. Oil down near $93. Greece Greece Greece. And everything else.
CRGE up 95. Yep. KIOR, SENY up 9. KIOR day 3 of run-up, crossed 50-day lines. News of their plants in "STUFF". REGI up 7. Finally, a bounce. Course, a new issue. MXWL up 2. Is the bottom in?
AMLM down 21. CWET down 17. ECOS down 15, now below 50-days. NEXS, CREG, VNDB down 13. NEXS back to bottom. VNDB back to top 3 lines. I would expect that to hold. CREG fell through bottom line, now back to where it started from in early April. HOKU down 12. Continuing down. QTWW down 11. CLNT, EFOI down 10. CLNT in bottom 3 lines. Probably will hold. SPWR, AXPW down 9. SPWR back to bottom. AXPW fell under 50-days. PEIX, ALTI, ABAT down 8. PEIX further under bottom (200) line. ALTI back near bottom. ABAT back under 50's. FSLR down 5, another new low. NENE down 2. LSCG down 1, their flight over for now.
Market down 63/8/7. Volume normal. Oil down near $93. Greece Greece Greece. And everything else.
CRGE up 95. Yep. KIOR, SENY up 9. KIOR day 3 of run-up, crossed 50-day lines. News of their plants in "STUFF". REGI up 7. Finally, a bounce. Course, a new issue. MXWL up 2. Is the bottom in?
AMLM down 21. CWET down 17. ECOS down 15, now below 50-days. NEXS, CREG, VNDB down 13. NEXS back to bottom. VNDB back to top 3 lines. I would expect that to hold. CREG fell through bottom line, now back to where it started from in early April. HOKU down 12. Continuing down. QTWW down 11. CLNT, EFOI down 10. CLNT in bottom 3 lines. Probably will hold. SPWR, AXPW down 9. SPWR back to bottom. AXPW fell under 50-days. PEIX, ALTI, ABAT down 8. PEIX further under bottom (200) line. ALTI back near bottom. ABAT back under 50's. FSLR down 5, another new low. NENE down 2. LSCG down 1, their flight over for now.
STUFF
Brit Columbia announced $62M incentive program for NG vehicles.
8 Chinese airlines, 2 Indian lines failed to submit CO2 emissions data for '11, disregarding EU's emissions rule.
Heartland Institute lost 3 more corp sponsors since Unabomber = believers in man-made climate change billboard. Nice to see corp citizens step up for reasonableness.
Study: EPA mercury rule may strain coal-fired power plants, power grid. Well, we really need to keep the merc out of the air. You've heard of the mercury poisoning from eating too much of certain fish, right? The poisoning doesn't stop there.
Some economists assert money is better spent fighting malnutrition, malaria than on climate change. Well, sure. Can't argue with that, right? Fact is, though, we have to spend on all as we can.
Scientists simulating CO2 leak from storage pipe off Scot coast. And Australian experiment exposing trees to future CO2 levels.
Study: biofuels made gas prices $1 cheaper last year. Really? Seems we had the same pump prices to oil prices correlation as in past years. At least in US. They might mean global prices.
Americans trust Obama more than Romney on warming issues. What, Obama is warmer? :)
Next round of CAFE standards due this summer.
NRC oversight expanded at VA, FL reactors.
Total now pumping mud to stop N Sea NG well leak.
Commerce Dept ruling on Chinese solar dumping expected this week. Probably Thursday.
1st US LNG floating export plant planned for TX.
Miami-Dade pipes spewed 47M gals of raw sewage over 2 yrs. Ug.
Salk Institute for Biological Studies, Iowa State U scientists discovered family of plant proteins that play role in production of seed oils.
Germany's Sovello the latest solar comp to file for bankruptcy.
Sauds plan to install 54GW of clean/renewable elgen capacity next 2 decades. Initial targets: CSP - 25GW, solar PV - 16GW, wind - 9GW, geothermal and waste-to-energy - 4GW. 1st round of bidding next yr for 2.8GW. FITs planned for '15.
EIA: coal was 36% of US elgen in Q1, down from 44% in '11.
LS9 says their demo advanced biofuels plant in FL is ready to start-up in June.
Bell Performance launched "Ethanol Defense" - an ethanol treatment designed to protect engines from ethanol damage and improve mileage up to 12%. Beware the snake oil, folks. Not saying this is. Just saying beware. How the heck can it improve mileage 12%?
KIOR announced 1st commercial facility in Miss ready to go ahead of sked, on budget. Start-up to full capacity ops expected to take 6-12 months. Another plant targeted for early '13 groundbreak.
8 Chinese airlines, 2 Indian lines failed to submit CO2 emissions data for '11, disregarding EU's emissions rule.
Heartland Institute lost 3 more corp sponsors since Unabomber = believers in man-made climate change billboard. Nice to see corp citizens step up for reasonableness.
Study: EPA mercury rule may strain coal-fired power plants, power grid. Well, we really need to keep the merc out of the air. You've heard of the mercury poisoning from eating too much of certain fish, right? The poisoning doesn't stop there.
Some economists assert money is better spent fighting malnutrition, malaria than on climate change. Well, sure. Can't argue with that, right? Fact is, though, we have to spend on all as we can.
Scientists simulating CO2 leak from storage pipe off Scot coast. And Australian experiment exposing trees to future CO2 levels.
Study: biofuels made gas prices $1 cheaper last year. Really? Seems we had the same pump prices to oil prices correlation as in past years. At least in US. They might mean global prices.
Americans trust Obama more than Romney on warming issues. What, Obama is warmer? :)
Next round of CAFE standards due this summer.
NRC oversight expanded at VA, FL reactors.
Total now pumping mud to stop N Sea NG well leak.
Commerce Dept ruling on Chinese solar dumping expected this week. Probably Thursday.
1st US LNG floating export plant planned for TX.
Miami-Dade pipes spewed 47M gals of raw sewage over 2 yrs. Ug.
Salk Institute for Biological Studies, Iowa State U scientists discovered family of plant proteins that play role in production of seed oils.
Germany's Sovello the latest solar comp to file for bankruptcy.
Sauds plan to install 54GW of clean/renewable elgen capacity next 2 decades. Initial targets: CSP - 25GW, solar PV - 16GW, wind - 9GW, geothermal and waste-to-energy - 4GW. 1st round of bidding next yr for 2.8GW. FITs planned for '15.
EIA: coal was 36% of US elgen in Q1, down from 44% in '11.
LS9 says their demo advanced biofuels plant in FL is ready to start-up in June.
Bell Performance launched "Ethanol Defense" - an ethanol treatment designed to protect engines from ethanol damage and improve mileage up to 12%. Beware the snake oil, folks. Not saying this is. Just saying beware. How the heck can it improve mileage 12%?
KIOR announced 1st commercial facility in Miss ready to go ahead of sked, on budget. Start-up to full capacity ops expected to take 6-12 months. Another plant targeted for early '13 groundbreak.
TUESDAY OPEN
(stock #'s in %)
Market up 24/17/2. Volume normal. Oil near $95. France Q1 GDP stagnant, Germany grew .5%. 45% of China comps see slowdown. Greece to redo elections. EU ministers deal to boost banks capital.
CRGE up 85. I know. AONE up 14 after reporting. MXWL up 2. The bottom could be in. LSCG up 1 more.
AMLM down 13. CWET down 12. HOKU, CCTC down 10. QTWW, ZAAP down 9. PEIX, XSNX down 7.
Market up 24/17/2. Volume normal. Oil near $95. France Q1 GDP stagnant, Germany grew .5%. 45% of China comps see slowdown. Greece to redo elections. EU ministers deal to boost banks capital.
CRGE up 85. I know. AONE up 14 after reporting. MXWL up 2. The bottom could be in. LSCG up 1 more.
AMLM down 13. CWET down 12. HOKU, CCTC down 10. QTWW, ZAAP down 9. PEIX, XSNX down 7.
Monday, May 14, 2012
MONDAY CLOSE
(stock #'s in %)
Market down 125/31/15. Volume normal. Oil down under $95.
SLMU up 31 after hitting top 200-day line. QTWW up 27 on bounce back. Why some bounce right back and some don't (MXWL) sometimes makes no sense. CERP up 18. LSCG up 14 more. Up 70 from last month's bottom. ECTY up 14. KIOR up 10.
CRGE down 54. Back to bottom. XSNX down 17. SPIR down 12. BIOF down 11. AONE down 10. GEVO, CCTC, NTCXF down 9. MXWL, ACFN, ACPW down 8. ACFN, ACPW back to 50-day lines. BWEN down 7. NENE down 1.
Market down 125/31/15. Volume normal. Oil down under $95.
SLMU up 31 after hitting top 200-day line. QTWW up 27 on bounce back. Why some bounce right back and some don't (MXWL) sometimes makes no sense. CERP up 18. LSCG up 14 more. Up 70 from last month's bottom. ECTY up 14. KIOR up 10.
CRGE down 54. Back to bottom. XSNX down 17. SPIR down 12. BIOF down 11. AONE down 10. GEVO, CCTC, NTCXF down 9. MXWL, ACFN, ACPW down 8. ACFN, ACPW back to 50-day lines. BWEN down 7. NENE down 1.
STUFF
Poll suggests consumers willing to pay up to 13% more for clean E, but not if it includes nuke or NG.
Tokyo El loss for year ending Mar31 brought total cost from Fukushima to >$10B.
New DOE carbon capture process could save $275M over advanced coal plants' life span.
Obama admin to offer export help for enviro firms.
Japan town approving nuke restart.
Public rallies in Angola calling for President to step down. Africa's 2nd-largest crude producer.
Worsening el crisis in Pakistan.
China's 1st deepwater drilling rig began ops in contested S China Sea waters.
Chevron, Shell to be selected to explore 2 large Ukranian fields for unconventional NG.
US officials approved Anadarko plan to drill 3,700 NG wells in E Utah.
UAE's oil pipeline to bypass Hormuz now complete. Exports expected to start w/in 3 months @ initial 1.4mb/d.
Iran has plans to build 136-mile NG pipeline to Iraq.
A day at lower speeds can save a merchant ship $50K in fuel costs.
EU's trade chief says he will soon take measures against Argentina for YPF seizure.
India to step up imports of LNG. Domestic NG output projected to decline next 2-3 yrs.
Singapore state firm and Hong Kong comp to invest $468M in Cheneire E (LNG firm).
IMF warned by its research team that oil prices could double by '22.
NCERC researchers produced cellulosic ethanol from corn kernels. I don't care. Food is food, not fuel.
NOAA reported 6 fish populations returned to healthy levels in '11. Bering Sea snow crab, summer flounder on mid-Atlantic coast, haddock in Gulf of Maine, chinook salmon on N Cal coast, coho salmon off Wash State and Pacific widow rockfish.
Tokyo El loss for year ending Mar31 brought total cost from Fukushima to >$10B.
New DOE carbon capture process could save $275M over advanced coal plants' life span.
Obama admin to offer export help for enviro firms.
Japan town approving nuke restart.
Public rallies in Angola calling for President to step down. Africa's 2nd-largest crude producer.
Worsening el crisis in Pakistan.
China's 1st deepwater drilling rig began ops in contested S China Sea waters.
Chevron, Shell to be selected to explore 2 large Ukranian fields for unconventional NG.
US officials approved Anadarko plan to drill 3,700 NG wells in E Utah.
UAE's oil pipeline to bypass Hormuz now complete. Exports expected to start w/in 3 months @ initial 1.4mb/d.
Iran has plans to build 136-mile NG pipeline to Iraq.
A day at lower speeds can save a merchant ship $50K in fuel costs.
EU's trade chief says he will soon take measures against Argentina for YPF seizure.
India to step up imports of LNG. Domestic NG output projected to decline next 2-3 yrs.
Singapore state firm and Hong Kong comp to invest $468M in Cheneire E (LNG firm).
IMF warned by its research team that oil prices could double by '22.
NCERC researchers produced cellulosic ethanol from corn kernels. I don't care. Food is food, not fuel.
NOAA reported 6 fish populations returned to healthy levels in '11. Bering Sea snow crab, summer flounder on mid-Atlantic coast, haddock in Gulf of Maine, chinook salmon on N Cal coast, coho salmon off Wash State and Pacific widow rockfish.
MONDAY OPEN
(stock #'s in %)
Market down 124/26/13. Volume normal. Oil down near $94. Greece may exit EU earlier than thought.
CERP up 14. Accounts receivable agreement, >$8M. Topped out at 50-day lines early, now back. KIOR up 11 on Q1 report. NPWZ up 10. QTWW up 6 on bounce back. SATC up 6. EFOI up 5 after plummet. LSCG flat.
SLMU down 13. Down to top 200-day line. BSRC down 10. ABAT down 7. EMKR, AONE, AMRS down 6. AONE on downgrade. EMKR back below 50-day lines. ZAAP down 5. NENE, MXWL down 3. MXWL new low.
Market down 124/26/13. Volume normal. Oil down near $94. Greece may exit EU earlier than thought.
CERP up 14. Accounts receivable agreement, >$8M. Topped out at 50-day lines early, now back. KIOR up 11 on Q1 report. NPWZ up 10. QTWW up 6 on bounce back. SATC up 6. EFOI up 5 after plummet. LSCG flat.
SLMU down 13. Down to top 200-day line. BSRC down 10. ABAT down 7. EMKR, AONE, AMRS down 6. AONE on downgrade. EMKR back below 50-day lines. ZAAP down 5. NENE, MXWL down 3. MXWL new low.
Sunday, May 13, 2012
STUFF
Cogentrix Energy turned on 30MW solar farm in Colo. Largest concentrating solar power facility in world. Dual-axis trackers. Fresnel lenses concentrate sunlight 500X onto multijunction cells. Xcel E buying the power.
Largest non-utility-owned solar project east of Mississippi R. dedicated: Lincoln Renewable E's 12.5MW solar farm in NJ. LRE has formed 50/50 JV with Samsung called Monument Power. LRE developing >30 solar and wind power projects in 11 states. Monument planning $500M in projects.
US Geothermal (Amex: HTM) started performance tests on new 8.6 net MW geotherm plant in Nevada. With commmercial operation by NV Energy, power rate will be $89.75/MWh with 1% annual escalation.
NREL now has lifecycle analysis of GHG emissions of energy techs from cradle to grave. "Harmonization Project". It found coal power releases ~20X as much GHG's as solar, wind or nuke. NG wasn't in final analysis. Yet. They found 45 grams of CO2 emitted per KWh for solar vs. 1K grams for coal. Nuke 12 grams. CSP 26 grams for parabolic troughs, 38 for power towers. 20 grams for amorphous silicon, 14 for CdTe, 28 for CIGS. Wind 11 grams.
Army scientists developing deployable clean E solutions.
CWET got zoning approval for their atmos differential tower generator. Arizona, I think.
Spain has asked lenders to increase provisions for bad debt by $70B. But that may be 5X short of need. Plugging the hole would require EU bailout. 5th largest Euro econ, banking system 6X Ireland's.
JP Morgan said: "a man always has 2 reasons for doing anything. A good reason and the real reason."
JP, of course, lost $2B on a $100B "bet". And we're supposed to worry about contagion? Actually, I'm one who thinks we should go back to the banking regs that Clinton et al expunged in '99. Or what's now called the Volcker Rule.
NG took off from mid-April prices. Under $2 to $2.50 now.
'10's US elgen #'s: coal 45%, NG 24%, nuke 20%, other clean (hydro, wind, solar, geo, etc.) 10%. Wonder when we see '11's #'s.
A rig in Bakken uses >3K gals of diesel/day. Estimate of up to 3M gal/d for whole field. Comps now cutting costs in half by using LNG. I wish we could more truck fleets on it. And trains. And ships.
Schneider El joined ABB, Siemens, Eaton in EV quick charge race.
Organic waste ~30% of US waste.
Greek stock market down 88% (from last top, I presume). S&P fell 85% in Great Depression.
1970-2008 US money supply (M2) grew from $624B to $8.2T. 1,314% - about the same as the Dow.
And so on we go.
Largest non-utility-owned solar project east of Mississippi R. dedicated: Lincoln Renewable E's 12.5MW solar farm in NJ. LRE has formed 50/50 JV with Samsung called Monument Power. LRE developing >30 solar and wind power projects in 11 states. Monument planning $500M in projects.
US Geothermal (Amex: HTM) started performance tests on new 8.6 net MW geotherm plant in Nevada. With commmercial operation by NV Energy, power rate will be $89.75/MWh with 1% annual escalation.
NREL now has lifecycle analysis of GHG emissions of energy techs from cradle to grave. "Harmonization Project". It found coal power releases ~20X as much GHG's as solar, wind or nuke. NG wasn't in final analysis. Yet. They found 45 grams of CO2 emitted per KWh for solar vs. 1K grams for coal. Nuke 12 grams. CSP 26 grams for parabolic troughs, 38 for power towers. 20 grams for amorphous silicon, 14 for CdTe, 28 for CIGS. Wind 11 grams.
Army scientists developing deployable clean E solutions.
CWET got zoning approval for their atmos differential tower generator. Arizona, I think.
Spain has asked lenders to increase provisions for bad debt by $70B. But that may be 5X short of need. Plugging the hole would require EU bailout. 5th largest Euro econ, banking system 6X Ireland's.
JP Morgan said: "a man always has 2 reasons for doing anything. A good reason and the real reason."
JP, of course, lost $2B on a $100B "bet". And we're supposed to worry about contagion? Actually, I'm one who thinks we should go back to the banking regs that Clinton et al expunged in '99. Or what's now called the Volcker Rule.
NG took off from mid-April prices. Under $2 to $2.50 now.
'10's US elgen #'s: coal 45%, NG 24%, nuke 20%, other clean (hydro, wind, solar, geo, etc.) 10%. Wonder when we see '11's #'s.
A rig in Bakken uses >3K gals of diesel/day. Estimate of up to 3M gal/d for whole field. Comps now cutting costs in half by using LNG. I wish we could more truck fleets on it. And trains. And ships.
Schneider El joined ABB, Siemens, Eaton in EV quick charge race.
Organic waste ~30% of US waste.
Greek stock market down 88% (from last top, I presume). S&P fell 85% in Great Depression.
1970-2008 US money supply (M2) grew from $624B to $8.2T. 1,314% - about the same as the Dow.
And so on we go.
Saturday, May 12, 2012
STUFF
Southern says delays in approvals may increase building 2 new reactors by $400-900M.
Lawmakers unveiled bill to elim govt support for oil, NG, coal production to cut $113B over 10 yrs.
Cal E Commission awarded $15M for projects advancing biofuels, EV research.
Oil majors invested $71B over last decade into low- and no-emission and renewable E techs. They were largest clean/renewable investors over the period.
House approved $5B for NOAA, cut climate programs.
Argentina in energy supply crisis.
Erratic weather making Idaho water mgmt a struggle.
New tech may reduce radar interference from wind turbines.
Navy said their ops may be hurting more whales, dolphins than previously thought.
Waste Mgmt switching truck fleet from diesel to NG.
Saudis want $109B for major solar power expansion.
Investigators link China to cyber attacks against NG pipeline comps. Rut roh.
German utility set to sell NG pipeline network for $4.1B.
AMAT sending its Swiss-based solar manufacturing biz to Asia.
Parks Associates: by '20, 60% of US homes will have some type of smart E mgmt system. Though adoption going slower than hyped.
Lawmakers unveiled bill to elim govt support for oil, NG, coal production to cut $113B over 10 yrs.
Cal E Commission awarded $15M for projects advancing biofuels, EV research.
Oil majors invested $71B over last decade into low- and no-emission and renewable E techs. They were largest clean/renewable investors over the period.
House approved $5B for NOAA, cut climate programs.
Argentina in energy supply crisis.
Erratic weather making Idaho water mgmt a struggle.
New tech may reduce radar interference from wind turbines.
Navy said their ops may be hurting more whales, dolphins than previously thought.
Waste Mgmt switching truck fleet from diesel to NG.
Saudis want $109B for major solar power expansion.
Investigators link China to cyber attacks against NG pipeline comps. Rut roh.
German utility set to sell NG pipeline network for $4.1B.
AMAT sending its Swiss-based solar manufacturing biz to Asia.
Parks Associates: by '20, 60% of US homes will have some type of smart E mgmt system. Though adoption going slower than hyped.
FRIDAY CLOSE
(stock #'s in %)
Market flat and mixed with down bias. Volume normal. Oil down under $96.
PTOS up 66 on nominal volume, bouncing back from Thursday. Same with MKTY up 63 on 1,600 shs. LSCG up 17 on strong volume. Up 50 now since bottom last month. Buy it on any comeback. Or buy it anyway for long term. CWET up 14. SPIR up 13. They reported lower revs, but profit for Q1. Also sold off a unit. Up just under 50-day lines. XSNX, BFRE up 11. Both crossed over 50-day lines. MYRG up 9, bounce back from Thursday. PWER, SOPW up 8. SOPW back to bottom (200-day) line. ABAT up 6, 50-days holding.
LEOM down 37, falling through bottom 3 lines. QTWW down 31, new low. They reported higher yoy Q1 losses on Thursday, and CEO and Chairman both resigned on Friday. SLMU down 29, nearing top 200-day. IFXY down 22. ASYS down 20, new low. It might bounce, but they've got troubles. BIOF down 17. Q1 revs down and losses. CRGE down 16, backing off 50-days. PEIX down 12, back below bottom (200) line. AVRW down 10. NPWZ down 9. AONE down 8. Looks like they'll be down around $1 a good while. Maybe downer. AMEL down 7. MXWL down 2. Is the bottom in?
Market flat and mixed with down bias. Volume normal. Oil down under $96.
PTOS up 66 on nominal volume, bouncing back from Thursday. Same with MKTY up 63 on 1,600 shs. LSCG up 17 on strong volume. Up 50 now since bottom last month. Buy it on any comeback. Or buy it anyway for long term. CWET up 14. SPIR up 13. They reported lower revs, but profit for Q1. Also sold off a unit. Up just under 50-day lines. XSNX, BFRE up 11. Both crossed over 50-day lines. MYRG up 9, bounce back from Thursday. PWER, SOPW up 8. SOPW back to bottom (200-day) line. ABAT up 6, 50-days holding.
LEOM down 37, falling through bottom 3 lines. QTWW down 31, new low. They reported higher yoy Q1 losses on Thursday, and CEO and Chairman both resigned on Friday. SLMU down 29, nearing top 200-day. IFXY down 22. ASYS down 20, new low. It might bounce, but they've got troubles. BIOF down 17. Q1 revs down and losses. CRGE down 16, backing off 50-days. PEIX down 12, back below bottom (200) line. AVRW down 10. NPWZ down 9. AONE down 8. Looks like they'll be down around $1 a good while. Maybe downer. AMEL down 7. MXWL down 2. Is the bottom in?
Friday, May 11, 2012
FRIDAY OPEN
(stock #'s in %)
Market up 50/20/6. Volume a little strong. Oil under $97. Consumer confidence, sentiment up. US producer prices 1st fall in 4 months. 2-year high in truck order cancellations.
MYRG bounced back, up 9. PWER up 8, off bottom. WPRT, XSNX up 7. WPRT first big up since 50% fall started. CLNT up 6. ABAT up 5. Could be climbing out. LSCG up another 3. Up 30 now from bottom - last month. NENE flat.
QTWW down 31. I think they reported. New low. IFXY down 25. BIOF down 20. Revs down, losses down. ASYS down 17 after reporting. Revs down 65% and $5M losses. PEIX down 12 after reporting losses. AONE down 8 on more bad news. CWET down 8. CREG down 6. MXWL down 1. Bottoming.
Market up 50/20/6. Volume a little strong. Oil under $97. Consumer confidence, sentiment up. US producer prices 1st fall in 4 months. 2-year high in truck order cancellations.
MYRG bounced back, up 9. PWER up 8, off bottom. WPRT, XSNX up 7. WPRT first big up since 50% fall started. CLNT up 6. ABAT up 5. Could be climbing out. LSCG up another 3. Up 30 now from bottom - last month. NENE flat.
QTWW down 31. I think they reported. New low. IFXY down 25. BIOF down 20. Revs down, losses down. ASYS down 17 after reporting. Revs down 65% and $5M losses. PEIX down 12 after reporting losses. AONE down 8 on more bad news. CWET down 8. CREG down 6. MXWL down 1. Bottoming.
Thursday, May 10, 2012
THURSDAY CLOSE
(stock #'s in %)
Market flat and mixed. Volume slightly heavy. Oil stayed under $97.
The nanocaps had another hayday. IFXY up 33. AMPD up 31. BLDW, BHWX up 29. CGYV up 19. AMTX up 17. CWET up 16. APWR up 10. More realistic, CLNT up 4. LSCG up 3.
Again, nanocaps: PTOS down 47, CABN down 10. And more real: PEIX down 22 after hours after reporting Q1 (BIOF up 6, GPRE up 5). SATC down 15. MYRG down 11. Big volume, big new low. ELON down 9, new low. PANL down 9. CREG down 7. ASYS reported, down 2 after hours. On their bottom.
Market flat and mixed. Volume slightly heavy. Oil stayed under $97.
The nanocaps had another hayday. IFXY up 33. AMPD up 31. BLDW, BHWX up 29. CGYV up 19. AMTX up 17. CWET up 16. APWR up 10. More realistic, CLNT up 4. LSCG up 3.
Again, nanocaps: PTOS down 47, CABN down 10. And more real: PEIX down 22 after hours after reporting Q1 (BIOF up 6, GPRE up 5). SATC down 15. MYRG down 11. Big volume, big new low. ELON down 9, new low. PANL down 9. CREG down 7. ASYS reported, down 2 after hours. On their bottom.
STUFF
1st director of DOE's ARPA-E leaving after 3 yrs. Dep. director taking over.
UK environment official has thrown support to expanding fracking.
Research links warming waters to Peru's seabird deaths. And warm, deep cureents are carving away at underside of W. Antarctic ice shelves, accelerating ice loss.
House Repubs made 2nd raid on climate change aid funds.
Euro Parliament to skip RIO+20 enviro conference next month, citing costs.
Solar beating wind and NG combined as Europe's top new el source.
Study: rising ocean acidity threatening crucial marine algae. Acidity, of course, comes from CO2 and other pollutants in atmos.
Obama overhauling or eliminating 5 regs - including a Clinton-era air pollution rule - to save $6B in unnecessary costs next 5 yrs. And new exec order to get fed agencies streamlining regulation.
USDA predicting record corn production.
Columbia, China inked deals for oil exports.
In '09, Deutsche Bank studied 270 major climate policies in 109 countries. Common denominators for successful programs: transparency, longevity, certainty. Isn't that just common sense?
DOE: US ethanol production now 897kb/d, back up to winter levels.
Renewable Energy Group Q1 revs up 80% v. '11. EBITDA up 140%. Production 39M gal of biodiesel v. 20M in '11. Stock (REGI) down 4% today. Down over 10% last 5 days.
Agri opened UK's largest biodiesel plant. Prod 16M liters/y from used cooking oil from restaurants, others.
Swede eth imports collapsing - 16.6M liters in Jan and Feb. Brazil imports fell to zero. 1.1M liters from France. Imports from Russia jumped to 7.5M liters v zero at this time last year, 13.8M all of '11.
DOE announced up to $5M available this year to help expand use of alt fuel vehicles, including EV's.
ESA declared Envisat dead. Collected data on Earth atmos, oceans, ice sheets, land masses for 10 yrs.
Fed judge in DC tomorrow will hear arguments in lawsuit of 5 teenagers v. fed govt. They want GHG's reduced to safeguard their future.
Gills Onions in Calif has 300K lbs/d of onion waste. (Imagine the tears.) Now it squeezes it into 30K gals of juice. They feed that into an anaerobic digester to prod methane gas, then feeds that to 2 fuel cells that convert it into 600KW of el. Remainder of waste goes to cattle feed.
UK environment official has thrown support to expanding fracking.
Research links warming waters to Peru's seabird deaths. And warm, deep cureents are carving away at underside of W. Antarctic ice shelves, accelerating ice loss.
House Repubs made 2nd raid on climate change aid funds.
Euro Parliament to skip RIO+20 enviro conference next month, citing costs.
Solar beating wind and NG combined as Europe's top new el source.
Study: rising ocean acidity threatening crucial marine algae. Acidity, of course, comes from CO2 and other pollutants in atmos.
Obama overhauling or eliminating 5 regs - including a Clinton-era air pollution rule - to save $6B in unnecessary costs next 5 yrs. And new exec order to get fed agencies streamlining regulation.
USDA predicting record corn production.
Columbia, China inked deals for oil exports.
In '09, Deutsche Bank studied 270 major climate policies in 109 countries. Common denominators for successful programs: transparency, longevity, certainty. Isn't that just common sense?
DOE: US ethanol production now 897kb/d, back up to winter levels.
Renewable Energy Group Q1 revs up 80% v. '11. EBITDA up 140%. Production 39M gal of biodiesel v. 20M in '11. Stock (REGI) down 4% today. Down over 10% last 5 days.
Agri opened UK's largest biodiesel plant. Prod 16M liters/y from used cooking oil from restaurants, others.
Swede eth imports collapsing - 16.6M liters in Jan and Feb. Brazil imports fell to zero. 1.1M liters from France. Imports from Russia jumped to 7.5M liters v zero at this time last year, 13.8M all of '11.
DOE announced up to $5M available this year to help expand use of alt fuel vehicles, including EV's.
ESA declared Envisat dead. Collected data on Earth atmos, oceans, ice sheets, land masses for 10 yrs.
Fed judge in DC tomorrow will hear arguments in lawsuit of 5 teenagers v. fed govt. They want GHG's reduced to safeguard their future.
Gills Onions in Calif has 300K lbs/d of onion waste. (Imagine the tears.) Now it squeezes it into 30K gals of juice. They feed that into an anaerobic digester to prod methane gas, then feeds that to 2 fuel cells that convert it into 600KW of el. Remainder of waste goes to cattle feed.
STUFF
Japan to nationalize Fukushima. 10-yr, $12.6B plan.
Most areas of US had below-avg precip 1st 4 months this year. Overall temps warmest on record.
Utility taking 1,300 damaged tubes out of service at crippled Calif reactor.
Australia's CBD Energy to buy WEST in all-stock deal.
UK in talks with Iceland to send excess geothermal power to UK via undersea high-volt cable.
Emerald Biofuels to build 85M gal/y renewable diesel refinery at Dow Chem site in Louisiana. To use Honeywell Green Diesel Fuel tech. Natural oils, animal fats feedstock. 2 other green diesel projects going up in the state, total cap 297M gal/y when all completed.
Deal made to build 72M gal/y corn ethanol facility in SD. Wagner Native Ethanol and Quertus Global Capital Market.
Canada will probably not meet already-diminished GHG reduction targets. Emissions expected to be 7.4% higher in '20 than '05.
PA made ~ $3.5B in revs from Marcellus in '11. Drillers produced >1TCF NG. WV produced ~350BCF.
Baker Center: solar energy subsidized in US about same rate as other E sources.
Pub Service of NH suspended ops at flagship 460MW coal-fired power plant because its cheaper to buy el on the open market. Oversupply, cheap NG prices the main driver. Weather, stagnant demand other factors. New England coal-fired plants had 35% capacity factor last year.
Largest low concentrating PV solar plant now online in Calif. Convert Italia, Solaria built. Horizontal tracking - gens up to 30% more el than fixed array.
Indian wheat rotting out in the open after bumper harvest. That's simply a lack of storage and/or transportation. But definitely, lack of care and planning. Sad.
And what's up with Putin? Tells Obama he'll skip G8 summit and touts Russia's "wordly might" while dissidents are being jailed. Some "reset".
Most areas of US had below-avg precip 1st 4 months this year. Overall temps warmest on record.
Utility taking 1,300 damaged tubes out of service at crippled Calif reactor.
Australia's CBD Energy to buy WEST in all-stock deal.
UK in talks with Iceland to send excess geothermal power to UK via undersea high-volt cable.
Emerald Biofuels to build 85M gal/y renewable diesel refinery at Dow Chem site in Louisiana. To use Honeywell Green Diesel Fuel tech. Natural oils, animal fats feedstock. 2 other green diesel projects going up in the state, total cap 297M gal/y when all completed.
Deal made to build 72M gal/y corn ethanol facility in SD. Wagner Native Ethanol and Quertus Global Capital Market.
Canada will probably not meet already-diminished GHG reduction targets. Emissions expected to be 7.4% higher in '20 than '05.
PA made ~ $3.5B in revs from Marcellus in '11. Drillers produced >1TCF NG. WV produced ~350BCF.
Baker Center: solar energy subsidized in US about same rate as other E sources.
Pub Service of NH suspended ops at flagship 460MW coal-fired power plant because its cheaper to buy el on the open market. Oversupply, cheap NG prices the main driver. Weather, stagnant demand other factors. New England coal-fired plants had 35% capacity factor last year.
Largest low concentrating PV solar plant now online in Calif. Convert Italia, Solaria built. Horizontal tracking - gens up to 30% more el than fixed array.
Indian wheat rotting out in the open after bumper harvest. That's simply a lack of storage and/or transportation. But definitely, lack of care and planning. Sad.
And what's up with Putin? Tells Obama he'll skip G8 summit and touts Russia's "wordly might" while dissidents are being jailed. Some "reset".
THURSDAY OPEN
(stock #'s in %)
Market up 46/1/5. Volume heavy. Oil around $97.
BLDW up 32. Bounceback from yesterday. CLNT up 11, 3 lines held. TSLA up 10 after reporting. From bottom (200-day) lines back to top (50-day) lines. CCTC up 8. Day 4 of going from bottom 200 to top 50. CSIQ up 7 after reporting revs off, earnings better. NFEC up 7. AMRS up 5. MXWL up 2.
MKTY down 34 after reporting. SATC down 12. Fall out from 50-days. PANL down 10 on downgrade. Fell out through 3 bottom lines. Touted as buying opportunity. There are others. CREG down 2. NENE, LSCG flat.
Market now mixed and flat.
Market up 46/1/5. Volume heavy. Oil around $97.
BLDW up 32. Bounceback from yesterday. CLNT up 11, 3 lines held. TSLA up 10 after reporting. From bottom (200-day) lines back to top (50-day) lines. CCTC up 8. Day 4 of going from bottom 200 to top 50. CSIQ up 7 after reporting revs off, earnings better. NFEC up 7. AMRS up 5. MXWL up 2.
MKTY down 34 after reporting. SATC down 12. Fall out from 50-days. PANL down 10 on downgrade. Fell out through 3 bottom lines. Touted as buying opportunity. There are others. CREG down 2. NENE, LSCG flat.
Market now mixed and flat.
Wednesday, May 9, 2012
WEDNESDAY CLOSE
(stock #'s in %)
Market down 97/11/9. Volume turned heavy. Oil back up over $96.
LEOM up 26. AEHI up 25. BHWX up 23. NPWZ up 20. OOIL up 19. PEIX up 15 (BIOF up 7, but GPRE down 7 to $7). EFOI up 14. CCGI up 13 on 2K shs. ALTI, CREG up 8. LSCG up 5. NENE flat.
BLDW down 31. AMTX down 27. AMRS down 21. CWET down 14. ECOS, AMLM down 11. NFEC down 9. WPRT, CLNT down 8. WPRT chopped in half since mid-Mar. GTAT down 3, new low. MXWL came back to flat, maybe bottom is in.
Market down 97/11/9. Volume turned heavy. Oil back up over $96.
LEOM up 26. AEHI up 25. BHWX up 23. NPWZ up 20. OOIL up 19. PEIX up 15 (BIOF up 7, but GPRE down 7 to $7). EFOI up 14. CCGI up 13 on 2K shs. ALTI, CREG up 8. LSCG up 5. NENE flat.
BLDW down 31. AMTX down 27. AMRS down 21. CWET down 14. ECOS, AMLM down 11. NFEC down 9. WPRT, CLNT down 8. WPRT chopped in half since mid-Mar. GTAT down 3, new low. MXWL came back to flat, maybe bottom is in.
STUFF
Gamesa and partner suspending further development of offshore wind turbine off VA, citing massive amounts of capital needed to pursue project with cloudy future due to uncertain fed support.
Solar-geotherm hybrid plant now fully operating in NV. 59MW max cap. Italy's Enel Green Power subsid owns. 26MW of solar added to geo plant online since '09.
FP&L started operating its hybrid in '10, adding a $476M, 75MW solar farm to supply heat to 3.7GW combined-cycle plant - largest fossil fuel plant in US.
Wind industry installed 1.7GW of capacity in Q1 in US. 788 turbines in 17 states. Total US wind cap now 48.6GW. >8.9GW in construction during Q1 in 31 states.
Chile comp started on country's largest wind farm - 115MW. Siemen turbines. Online early '14. Will get strong coastal winds.
Enbridge, FSLR completed 50MW soalr farm in north NV. 1st utility-scale solar plant on public lands.
Calpine got regulator approval to build 2 more geotherm plants in Cal. $700M for 100MW. 1st plant could be online in '14 depending on PPA. Comp currently ops 15 geo plants at the location producing up to 725MW.
US firms lagging European on sustainability.
Spain, Italy, Portuguese, Greek stock markets all down at least 33% in last 12 months.
Security industry in US gets ~8% of GDP - about same amount as deficit.
Scotland plans 100% clean/renewable elgen by '20. Last year they were @ 35%.
Pike Research: offshore wind power production expected to reach $104B in revs by '17. 53% annual growth.
Solar-geotherm hybrid plant now fully operating in NV. 59MW max cap. Italy's Enel Green Power subsid owns. 26MW of solar added to geo plant online since '09.
FP&L started operating its hybrid in '10, adding a $476M, 75MW solar farm to supply heat to 3.7GW combined-cycle plant - largest fossil fuel plant in US.
Wind industry installed 1.7GW of capacity in Q1 in US. 788 turbines in 17 states. Total US wind cap now 48.6GW. >8.9GW in construction during Q1 in 31 states.
Chile comp started on country's largest wind farm - 115MW. Siemen turbines. Online early '14. Will get strong coastal winds.
Enbridge, FSLR completed 50MW soalr farm in north NV. 1st utility-scale solar plant on public lands.
Calpine got regulator approval to build 2 more geotherm plants in Cal. $700M for 100MW. 1st plant could be online in '14 depending on PPA. Comp currently ops 15 geo plants at the location producing up to 725MW.
US firms lagging European on sustainability.
Spain, Italy, Portuguese, Greek stock markets all down at least 33% in last 12 months.
Security industry in US gets ~8% of GDP - about same amount as deficit.
Scotland plans 100% clean/renewable elgen by '20. Last year they were @ 35%.
Pike Research: offshore wind power production expected to reach $104B in revs by '17. 53% annual growth.
WEDNESDAY OPEN
(stock #'s in %)
Market down 115/27/12. Was down over 180. Volume normal. Oil down under $96. Greece and Spain.
AEHI up 50. Yea, yea. NPWZ up 20. Yep. PEIX up 16 for some dam reason. Up from bottom (200-day) line to 50-days. OOIL up 12. Peaking over 50's. AOI.V up 10. CABN up 5 on bounce back. BWEN, LSCG up 1.
AMTX down 42 on 300 shs. BLDW down 25. AMRS down 24 after reporting yesterday. Way new low. NFEC down 14 after reporting Q1. Revs were only $1M, but to be higher rest of year, say they. But they didn't lose money. O no. Made $111. Back to top 200 and 50-day lines. BLQN, PSPW, NTCXF down 14. Day 3 of NTCXF fall from top. BOPO down 13 on 3K. CERP down 7, new low. CLNT down 5. On 3 lines. MXWL down another 2, the fall continues.
Market down 115/27/12. Was down over 180. Volume normal. Oil down under $96. Greece and Spain.
AEHI up 50. Yea, yea. NPWZ up 20. Yep. PEIX up 16 for some dam reason. Up from bottom (200-day) line to 50-days. OOIL up 12. Peaking over 50's. AOI.V up 10. CABN up 5 on bounce back. BWEN, LSCG up 1.
AMTX down 42 on 300 shs. BLDW down 25. AMRS down 24 after reporting yesterday. Way new low. NFEC down 14 after reporting Q1. Revs were only $1M, but to be higher rest of year, say they. But they didn't lose money. O no. Made $111. Back to top 200 and 50-day lines. BLQN, PSPW, NTCXF down 14. Day 3 of NTCXF fall from top. BOPO down 13 on 3K. CERP down 7, new low. CLNT down 5. On 3 lines. MXWL down another 2, the fall continues.
Tuesday, May 8, 2012
STUFF
>26K US buildings have earned LEED or energy star certification since '99.
EPA delaying soot standard again, plans to act by Aug of '13.
Some fear offshore drilling the cause of Peru's dolphin, seabird deaths. Jan-Apr >200 dolphins stranded on Cape Cod, most died. NOAA: magnitude of strandings in north Gulf since BP spill "unprecedented".
Norway commissioned world's largest carbon capture/storage facility.
Toyota to roll out Tesla-powered SUV.
India will install 1GW of solar this year.
France's new prez an avid backer of clean/renewable energy. Sarkozy was not. New guy wants to reduce nuke power to 50% of elgen by '25 from 75% now (63GW). France world's largest exporter of el, most to Italy, Swiss. They did install 1.5GW of solar in '11, but much of it was built in '10. Grid connect can take up to 18 months. 2.5GW total solar now. But their FIT framework aims to limit annual market to 500MW. In '10 they installed 1.4GW of wind power. Last year 830MW. Total now 6.8GW.
Mass released new set of strict standards for biomass that have potential to cut subsidies for developing plants. Plants must gen power at 50% efficiency for 1/2 renewable E credit/MWh, 60% for full cred. Previously it was 25% requirement. Also required to make at least 50% redux in lifecycle emissions over 20 yrs. Biomass plants release more CO2 than most fossil fuels.
Thermo E has brought to market a system that turns soluable sugars in wastewater into feedstock for eth production.
SZYM revs were up 76% but losses widened as capacity ramp-up continues.
Global biofuels industry $277B in '10. 110B liters. 1.4M jobs. Global eth prod 2X since '05, 3X in last decade. By '20, prod expected to reach 196B liters and add another .8M jobs.
Euro biodiesel plants turning to animal fats, waste oils as canola prices skyrocket on lousy crop from bad weather.
Google lists 102 operating wind farms of 120MW or more in US. 2 under construction, 24 proposed.
Citibank to contribute $41M, MasterCard $6.5M for NYC's bike share program. Will op without govt subsidies. Eventually 10K bikes, 600 stations.
Port of LA to offer ships incentives of up to $5,250/vessel this summer for voluntary engine, fuel or tech enhancements that reduce emissions.
EPA delaying soot standard again, plans to act by Aug of '13.
Some fear offshore drilling the cause of Peru's dolphin, seabird deaths. Jan-Apr >200 dolphins stranded on Cape Cod, most died. NOAA: magnitude of strandings in north Gulf since BP spill "unprecedented".
Norway commissioned world's largest carbon capture/storage facility.
Toyota to roll out Tesla-powered SUV.
India will install 1GW of solar this year.
France's new prez an avid backer of clean/renewable energy. Sarkozy was not. New guy wants to reduce nuke power to 50% of elgen by '25 from 75% now (63GW). France world's largest exporter of el, most to Italy, Swiss. They did install 1.5GW of solar in '11, but much of it was built in '10. Grid connect can take up to 18 months. 2.5GW total solar now. But their FIT framework aims to limit annual market to 500MW. In '10 they installed 1.4GW of wind power. Last year 830MW. Total now 6.8GW.
Mass released new set of strict standards for biomass that have potential to cut subsidies for developing plants. Plants must gen power at 50% efficiency for 1/2 renewable E credit/MWh, 60% for full cred. Previously it was 25% requirement. Also required to make at least 50% redux in lifecycle emissions over 20 yrs. Biomass plants release more CO2 than most fossil fuels.
Thermo E has brought to market a system that turns soluable sugars in wastewater into feedstock for eth production.
SZYM revs were up 76% but losses widened as capacity ramp-up continues.
Global biofuels industry $277B in '10. 110B liters. 1.4M jobs. Global eth prod 2X since '05, 3X in last decade. By '20, prod expected to reach 196B liters and add another .8M jobs.
Euro biodiesel plants turning to animal fats, waste oils as canola prices skyrocket on lousy crop from bad weather.
Google lists 102 operating wind farms of 120MW or more in US. 2 under construction, 24 proposed.
Citibank to contribute $41M, MasterCard $6.5M for NYC's bike share program. Will op without govt subsidies. Eventually 10K bikes, 600 stations.
Port of LA to offer ships incentives of up to $5,250/vessel this summer for voluntary engine, fuel or tech enhancements that reduce emissions.
TUESDAY CLOSE
(stock #'s in %)
Market down 76/11/5. Volume heavy. Oil over $97. Bank of America to forgive avg $150K to underwater homeowners to settle charges.
AMTX up 34 on 3K shs. MKTY up 25 on 300 shs. AMPD up 22 on 200. LEOM up 22 at least on 18K shs. AMLM, BSRC up 18. NPWZ up 17. CWET, CGYV up 16. CPWY up 13. BWEN up 11 on strong volume. Coming off double bottom. DSTI up 7 on nominal volume. LSCG up 1.
IFXY down 22. SLMU down 19, dip below 50-day lines. SENY down 18. CCGI down 12 on 2K shs. CRGE, NGLPF, NTCXF down 10. WEST down 9. NFEC down 7. CREG down 6, back to top (200-day) line. CLNT down 4. MXWL down 2 more. NENE flat.
Market down 76/11/5. Volume heavy. Oil over $97. Bank of America to forgive avg $150K to underwater homeowners to settle charges.
AMTX up 34 on 3K shs. MKTY up 25 on 300 shs. AMPD up 22 on 200. LEOM up 22 at least on 18K shs. AMLM, BSRC up 18. NPWZ up 17. CWET, CGYV up 16. CPWY up 13. BWEN up 11 on strong volume. Coming off double bottom. DSTI up 7 on nominal volume. LSCG up 1.
IFXY down 22. SLMU down 19, dip below 50-day lines. SENY down 18. CCGI down 12 on 2K shs. CRGE, NGLPF, NTCXF down 10. WEST down 9. NFEC down 7. CREG down 6, back to top (200-day) line. CLNT down 4. MXWL down 2 more. NENE flat.
TUESDAY OPEN
(stock #'s in %)
Market down 159/49/17. Dow couldn't hold at 50-day lines. Volume heavy. Oil down to $96. Saud oil minister: oil prices still too high. Greece likely to exit Euro this year. US job openings hit 3-year high in March.
LEOM up 61, AEHI up 50, NPWZ up 41. They love to do this on big down days. MMMW up 10. They had a news item. SZYM up 5. Near their bottom. CREG up 4. LSCG up 3 on news.
BLDW, EVSI down 15. BLQN down 14. CLNE down 10 after missing on revs. Down to top 200-day line. NTCXF down 10. NFEC down 9. I think that's buyville. SLMU down 9, 50-days still holding. OPTT down 8, new low. ABAT down 6 more. CLNT down 4, buyville also. AMEL, NENE, MXWL down 2.
And Dow now down 190. Sell in May and go away. As trite as it may be.
Market down 159/49/17. Dow couldn't hold at 50-day lines. Volume heavy. Oil down to $96. Saud oil minister: oil prices still too high. Greece likely to exit Euro this year. US job openings hit 3-year high in March.
LEOM up 61, AEHI up 50, NPWZ up 41. They love to do this on big down days. MMMW up 10. They had a news item. SZYM up 5. Near their bottom. CREG up 4. LSCG up 3 on news.
BLDW, EVSI down 15. BLQN down 14. CLNE down 10 after missing on revs. Down to top 200-day line. NTCXF down 10. NFEC down 9. I think that's buyville. SLMU down 9, 50-days still holding. OPTT down 8, new low. ABAT down 6 more. CLNT down 4, buyville also. AMEL, NENE, MXWL down 2.
And Dow now down 190. Sell in May and go away. As trite as it may be.
STUFF
Center for International Environmental Law: hydropower development in Andean Amazon could have negative enviro impact.
Ontario FIT prices dropped 30% for solar, 15% for wind. Germans paying much less.
EIA: US residential NG use in Feb hit 22-year low - 23BCF/d. And US coal production down 13% from last year.
Libya cut oil prod 10kb/d over protests.
Repsol may halt delivery of 9 LNG ships to Argentina.
Netanyahu approved special budget to secure offshore NG fields.
Japan, Russia exploring NG pipeline and LNG.
Vermont moved to ban fracking.
Shell shut down 60kb/d in Nigeria over thefts. Nigeria plans to increase crude prod to 4mb/d by '20 and increase LNG prod to 20M metric tons/y. And their army destroyed >600 illegal refineries recently.
Global NG flaring up 4.5% in '11. Equals annual NG use of Denmark.
Phillips 66 plans to double fuel exports next 2 yrs. Oil prod surge, gas demand down.
Venzuela to build 3 refineries in China.
China invested $222M in domestic shale gas industry last yr.
Ontario FIT prices dropped 30% for solar, 15% for wind. Germans paying much less.
EIA: US residential NG use in Feb hit 22-year low - 23BCF/d. And US coal production down 13% from last year.
Libya cut oil prod 10kb/d over protests.
Repsol may halt delivery of 9 LNG ships to Argentina.
Netanyahu approved special budget to secure offshore NG fields.
Japan, Russia exploring NG pipeline and LNG.
Vermont moved to ban fracking.
Shell shut down 60kb/d in Nigeria over thefts. Nigeria plans to increase crude prod to 4mb/d by '20 and increase LNG prod to 20M metric tons/y. And their army destroyed >600 illegal refineries recently.
Global NG flaring up 4.5% in '11. Equals annual NG use of Denmark.
Phillips 66 plans to double fuel exports next 2 yrs. Oil prod surge, gas demand down.
Venzuela to build 3 refineries in China.
China invested $222M in domestic shale gas industry last yr.
Monday, May 7, 2012
STUFF
AOI.V up 27 at open on new Kenya oil find.
Green Stocks Central pretty much defunk. Last entry in March.
Brazil laborers pray before shifts. Discords over wages, living conditions. Delays, cost overruns at hydro dams on Amazon.
Myanmar next up in Asian development. Ecosystems examination.
Drink from garden hose. Not.
NRC estimates for decomissioning nukes sometimes far lower than the owners: study. Well, sometimes owners want more writedowns. Huh.
Mammoth trees (Yosemite) 1% of trees, 1/2 area's biomass.
TransCan's new Keystone ap permission to carry up to 700kb/d oil sands crude across the border.
Oil shale development in west US up for debate. Where is the water for fracking?
Inhofe: Panetta wasting time on energy switch. "He has real war to win". Uh huh.
Experts: Beijing's emissions-cutting data underestimating use of coal.
Heartland Institute's latest "unabomber" billboard campaign driving corp donors away. Mutiny in DC staff.
Climate change could trigger 110 degree heat waves in Calif.
FSLR loss almost $450M in Q1.
Unusual weather has devastated Mich fruit crops.
Old mining states got creative as cleanup funds grew scarce. Cambra county PA . Pipe spewing toxic water into Topper Run from old Maryland #1 coal mine. Belching acid water since abandoned in '60's. Streambed iron orange, aluminum white. 1 of most polluted streams in PA. But legal limbo. Govt cleanup funds far short.
DHS: NG pipeline comps under cyber attack.
Utililties' switch to NG is not driving up NG prices.
Gulf of Mex NOAA photos showing spill impact on turtles, whales.
CDC missed deadline for child lead poisoning threshold.
Fuel efficiency standards will immediately benefit consumers: Cooper.
Gamesa scrapped wind project off VA coast.
There's a lot more to report but I am done for now.
Green Stocks Central pretty much defunk. Last entry in March.
Brazil laborers pray before shifts. Discords over wages, living conditions. Delays, cost overruns at hydro dams on Amazon.
Myanmar next up in Asian development. Ecosystems examination.
Drink from garden hose. Not.
NRC estimates for decomissioning nukes sometimes far lower than the owners: study. Well, sometimes owners want more writedowns. Huh.
Mammoth trees (Yosemite) 1% of trees, 1/2 area's biomass.
TransCan's new Keystone ap permission to carry up to 700kb/d oil sands crude across the border.
Oil shale development in west US up for debate. Where is the water for fracking?
Inhofe: Panetta wasting time on energy switch. "He has real war to win". Uh huh.
Experts: Beijing's emissions-cutting data underestimating use of coal.
Heartland Institute's latest "unabomber" billboard campaign driving corp donors away. Mutiny in DC staff.
Climate change could trigger 110 degree heat waves in Calif.
FSLR loss almost $450M in Q1.
Unusual weather has devastated Mich fruit crops.
Old mining states got creative as cleanup funds grew scarce. Cambra county PA . Pipe spewing toxic water into Topper Run from old Maryland #1 coal mine. Belching acid water since abandoned in '60's. Streambed iron orange, aluminum white. 1 of most polluted streams in PA. But legal limbo. Govt cleanup funds far short.
DHS: NG pipeline comps under cyber attack.
Utililties' switch to NG is not driving up NG prices.
Gulf of Mex NOAA photos showing spill impact on turtles, whales.
CDC missed deadline for child lead poisoning threshold.
Fuel efficiency standards will immediately benefit consumers: Cooper.
Gamesa scrapped wind project off VA coast.
There's a lot more to report but I am done for now.
MONDAY OPEN
(stock #'s in %)
Market flat and mixed. Dow trying to hold 50-day lines. Volume a little heavy. Oil down under $97. Germany factory orders up more than forecast on exports.
LEOM up 52. Just their trading spread. Pretty rediculous, huh. CRGE up 26. CSGH up 11 on 4K shs. CREG up 5, the top (200-day) line holding. CREE up 3, pulling out of holding pattern in since mid-Feb on news. Funny (ha ha) how Yahoo has their numbers (12-month high) skewed. How many Yahoo numbers are skewed who knows.
SLMU down 16. Back to top (50's) lines. VNDB down 15. A gap fall down to the bottom range of the rally that started in April. ABAT down 14, their 3-day run over. CLNT, NEXS down 8. CLNT back near the bottom 200-day and 50's. NEXS on bottom. CBAK down 7, not far from bottom again. Bad day for battery comps, though AONE up 3 more, back to bottom (50) lines. BWEN down 5, back to October bottoms. AMEL down 3, 50's pushing them down. NENE, NFEC down 1. MXWL may have bottomed. Hit below $9 and now back to flat.
Market flat and mixed. Dow trying to hold 50-day lines. Volume a little heavy. Oil down under $97. Germany factory orders up more than forecast on exports.
LEOM up 52. Just their trading spread. Pretty rediculous, huh. CRGE up 26. CSGH up 11 on 4K shs. CREG up 5, the top (200-day) line holding. CREE up 3, pulling out of holding pattern in since mid-Feb on news. Funny (ha ha) how Yahoo has their numbers (12-month high) skewed. How many Yahoo numbers are skewed who knows.
SLMU down 16. Back to top (50's) lines. VNDB down 15. A gap fall down to the bottom range of the rally that started in April. ABAT down 14, their 3-day run over. CLNT, NEXS down 8. CLNT back near the bottom 200-day and 50's. NEXS on bottom. CBAK down 7, not far from bottom again. Bad day for battery comps, though AONE up 3 more, back to bottom (50) lines. BWEN down 5, back to October bottoms. AMEL down 3, 50's pushing them down. NENE, NFEC down 1. MXWL may have bottomed. Hit below $9 and now back to flat.
Sunday, May 6, 2012
GRAPHENE REPORT
European researchers have synthesized silicene - silicon allotrope that forms 2D single-atom sheets. Silicene could rival graphene, can be used to make transistors easily.
Iowa State U researchers discovered graphene behaves like laser when excited by very short light pulses. Graphene's 2 important properties - population inversion of electrons and optical gain. Can be used for optoelectronic devices.
Mich Tech U researchers discovered graphene can make solar cells 52% more efficient than current tech. Graphite oxide powder mixed with titanium dioxide, subsequent paste applied over (glass) and baked to make the cells.
IBM developed graphene/insulator superlattice for IR photonic devices that work at terahertz levels. Can penetrate wood, other solids.
U of Wisc-Milwaukee developed graphene monoxide that's semiconducting. Can more easily scale up graphene-based electronics.
Aixtron (AIXG) BM300 system used by Japan's National Institute of Advanced Industrial Science and Tech to develop graphene-based low-voltage CMOS FET's for power supply <.3V.
Iowa State U researchers discovered graphene behaves like laser when excited by very short light pulses. Graphene's 2 important properties - population inversion of electrons and optical gain. Can be used for optoelectronic devices.
Mich Tech U researchers discovered graphene can make solar cells 52% more efficient than current tech. Graphite oxide powder mixed with titanium dioxide, subsequent paste applied over (glass) and baked to make the cells.
IBM developed graphene/insulator superlattice for IR photonic devices that work at terahertz levels. Can penetrate wood, other solids.
U of Wisc-Milwaukee developed graphene monoxide that's semiconducting. Can more easily scale up graphene-based electronics.
Aixtron (AIXG) BM300 system used by Japan's National Institute of Advanced Industrial Science and Tech to develop graphene-based low-voltage CMOS FET's for power supply <.3V.
STUFF
Saudi Arabia predicted to be net importer of oil this summer.
China has imported 436 tons of gold in past 8 months, creating 25% increase in total global investment demand. Last year it was 57 tons for same time period. (As reported here recently, they are paying for Iran crude in gold.)
European investors bought $1.6B of US real estate in '11, >2x '10. But. It was $8.4B in '07. Banks have >$3T of commercial real estate on books.
Nations with highest math scores - e.g. Taiwan, Singapore - also have had highest GDP growth rates. And US spends much more per student on ed than either example.
MidAm Solar, FSLR started build on 550MW solar farm in Calif. 3-yr build. To be largest solar project in world. Mid Am will own. PG&E to buy the power.
TXU Energy (Dallas) launched free night time power rates. 10P to 6A. 2-yr period.
200-430K solar jobs in US by '20: Baker Center. Looks like numbers depend on govt policy.
NG can reduce fuel costs up to 40% (with gas @ $3.50/gal): Bloomberg in March. So what are we waiting for?
JP Morgan's Dimon wants Simpson-Bowles implemented now. Well, Washington does listen to Wall St.
Semprius' concentrated solar cell - almost 2x present silicon PV efficiency - will be hitting market later this year. ~16% owned by Siemens.
China has imported 436 tons of gold in past 8 months, creating 25% increase in total global investment demand. Last year it was 57 tons for same time period. (As reported here recently, they are paying for Iran crude in gold.)
European investors bought $1.6B of US real estate in '11, >2x '10. But. It was $8.4B in '07. Banks have >$3T of commercial real estate on books.
Nations with highest math scores - e.g. Taiwan, Singapore - also have had highest GDP growth rates. And US spends much more per student on ed than either example.
MidAm Solar, FSLR started build on 550MW solar farm in Calif. 3-yr build. To be largest solar project in world. Mid Am will own. PG&E to buy the power.
TXU Energy (Dallas) launched free night time power rates. 10P to 6A. 2-yr period.
200-430K solar jobs in US by '20: Baker Center. Looks like numbers depend on govt policy.
NG can reduce fuel costs up to 40% (with gas @ $3.50/gal): Bloomberg in March. So what are we waiting for?
JP Morgan's Dimon wants Simpson-Bowles implemented now. Well, Washington does listen to Wall St.
Semprius' concentrated solar cell - almost 2x present silicon PV efficiency - will be hitting market later this year. ~16% owned by Siemens.
Saturday, May 5, 2012
STUFF
Admin fracking compromise. Comps drilling on public lands must now ID chems used, but not until they start drilling.
Fed compiling info to make case for US ownership of vast areas of ocean floor so Senate can eventually ratify long-stalled treaty necessary to make claims.
Chu (DOE) wants to dedicate $6.5M this fiscal year, $5M more next year for new methane hydrates research. Industry, enviros agree it's not enough money.
U of Wash research reported overall flow of ice from Greenland glaciers into ocean sped up 30% in '00-'10.
13 state govts may buy NG vehicle fleets. Why not EV?
Asian Development Bank: developing world must act now to avoid climate crisis.
First Energy to close 3 coal plants, leave 3 operational.
New Zealand, Australia missed deadline for new Kyoto targets.
TransCanada reapplied for Keystone XL permit.
Calif's San Onofre nuke plant may partially restart in June.
USDA offering $334M in loans for rural electric co-ops.
Mass preparing to ban food waste. And NYC created recycling/sustainability director position to double recycling rate from 15% now by '17. Also going for curbside collections of food scraps for composting.
Report: biofuels could supply 30% of transportation fuels with no impact on food using 600M hectares worldwide where food production has been abandoned.
Minn extended E20 eth mandate for 2 yrs, B10 biodiesel for 3 yrs.
UN: 1.6% of oceans now set aside for marine protected areas. Nations agreed in '10 to have 10% set aside by '20.
American Bird Conservancy has web map highlighting >2K places in US where birds are likely to be particularly vulnerable to impacts from wind power development.
Most wheat crops in Kansas ripening 2-3 weeks early throughout state.
In '10, NY's gas fracking wells produced >23M gal of waste, most going to sewage treatment plants (a growing concern) or used to de-ice roads.
Fed compiling info to make case for US ownership of vast areas of ocean floor so Senate can eventually ratify long-stalled treaty necessary to make claims.
Chu (DOE) wants to dedicate $6.5M this fiscal year, $5M more next year for new methane hydrates research. Industry, enviros agree it's not enough money.
U of Wash research reported overall flow of ice from Greenland glaciers into ocean sped up 30% in '00-'10.
13 state govts may buy NG vehicle fleets. Why not EV?
Asian Development Bank: developing world must act now to avoid climate crisis.
First Energy to close 3 coal plants, leave 3 operational.
New Zealand, Australia missed deadline for new Kyoto targets.
TransCanada reapplied for Keystone XL permit.
Calif's San Onofre nuke plant may partially restart in June.
USDA offering $334M in loans for rural electric co-ops.
Mass preparing to ban food waste. And NYC created recycling/sustainability director position to double recycling rate from 15% now by '17. Also going for curbside collections of food scraps for composting.
Report: biofuels could supply 30% of transportation fuels with no impact on food using 600M hectares worldwide where food production has been abandoned.
Minn extended E20 eth mandate for 2 yrs, B10 biodiesel for 3 yrs.
UN: 1.6% of oceans now set aside for marine protected areas. Nations agreed in '10 to have 10% set aside by '20.
American Bird Conservancy has web map highlighting >2K places in US where birds are likely to be particularly vulnerable to impacts from wind power development.
Most wheat crops in Kansas ripening 2-3 weeks early throughout state.
In '10, NY's gas fracking wells produced >23M gal of waste, most going to sewage treatment plants (a growing concern) or used to de-ice roads.
FRIDAY CLOSE
(stock #'s in %)
Market down 168/67/22. Dow back to 50-day lines, the other indeces below theirs. Volume a little heavy (especially for a Friday). Oil down below $99.
WWPW up 55 on nominal volume, put them over 50-day lines. ABAT up 16. Day 3 of run over 50-days. POWI up 12. Big move over all lines, big volume. IFXY up 11. LEXG up 7. APWR up 6. ENOC, DSTI, SLMU, RSOL up 5. RSOL in 6-day runup over 50-days.
LEOM down 34 on nominal volume (normal for them). Back below all lines. AMLM down 15. FSYS, HOKU down 14. FSYS back to December bottom in a 2-day plunge. HOKU searching for a bottom - another new low. CLNT, VNDB down 13. Both are pullbacks in runups.EMKR down 12. A fall below bottom (50-day) lines. AMEL, CCGI, PWER down 11. AMEL back below 50's. PWER back to bottom. CSGH down 10. CREG, CRGE down 9. CREG back to top (200) line. NFEC, ZOLT down 8. NFEC, of course, also in long runup since Feb. ZOLT in 2-day fall back to bottom (200) line, covered the gap from Feb. CERE down 7, new low. Who knows where the bottom is yet - a new issue. FSLR down 6, another new low. Big loss in Q1. MXWL down 3. I'm still thinking there's a rebound coming. NENE, LSCG down 1.
Market down 168/67/22. Dow back to 50-day lines, the other indeces below theirs. Volume a little heavy (especially for a Friday). Oil down below $99.
WWPW up 55 on nominal volume, put them over 50-day lines. ABAT up 16. Day 3 of run over 50-days. POWI up 12. Big move over all lines, big volume. IFXY up 11. LEXG up 7. APWR up 6. ENOC, DSTI, SLMU, RSOL up 5. RSOL in 6-day runup over 50-days.
LEOM down 34 on nominal volume (normal for them). Back below all lines. AMLM down 15. FSYS, HOKU down 14. FSYS back to December bottom in a 2-day plunge. HOKU searching for a bottom - another new low. CLNT, VNDB down 13. Both are pullbacks in runups.EMKR down 12. A fall below bottom (50-day) lines. AMEL, CCGI, PWER down 11. AMEL back below 50's. PWER back to bottom. CSGH down 10. CREG, CRGE down 9. CREG back to top (200) line. NFEC, ZOLT down 8. NFEC, of course, also in long runup since Feb. ZOLT in 2-day fall back to bottom (200) line, covered the gap from Feb. CERE down 7, new low. Who knows where the bottom is yet - a new issue. FSLR down 6, another new low. Big loss in Q1. MXWL down 3. I'm still thinking there's a rebound coming. NENE, LSCG down 1.
Friday, May 4, 2012
STUFF
7 lessons learned so far from 24M EV miles - EV Project. Avg daily mileage 28. Range anxiety not big. Recharge times ~1.5 hrs. Avg plug-in time 8.5 hrs, usually between 8P-8A. Price signals work. SDG&E sells power at full price, half, 1/4 and 1/6 (midnight to early morn). EV owners plugging in after midnight. Topping off habitual, but not necessary (current day-time chargers are free - like at work - probably skewing this lesson). Charger install costs must come down, as high as $1,400 now. Too early to judge EV demand.
US set to be world's top oil producer in '20: Goldman Sachs. But. Marginal production costs heading towards $100/bl. 50 largest global producers' unit cost of prod up 21% last year to ~$36/bl. Marginal cost up 11% to $92.
1st time in history (modern, at least) that all central banks have printed new money at same time.
Euro countries now in recession: UK, Spain, Italy, Greece, Ireland, Slovenia, Czech Republic, Denmark, Portugal, Netherlands, Belgium.
Deal between Okla State U and OG&E for 60MW wind farm will allow OSU to take down 62-yr-old cogen power plant and use the wind power hopefully by yearend. Another 101MW wind farm now sending power to U of OK. OSU plans to save $20-30M over 20 yrs in power costs. Higher ed is OK's largest E user. State could save $290M over 10 yrs with statewide E savings program.
Sacramento Muni Utility District started up new 128MW wind farm. Earlier farm producing another 100MW.
Houston went from using none to becoming biggest user of clean/renewable E of all US cities in last 3 yrs.
Duke and Sumitomo finalized 50-50 ownership of 131MW and 168MW wind farms in Kansas. ~$353M financing. Both online later this year. Kansas City P&L and Westar to buy the power.
US set to be world's top oil producer in '20: Goldman Sachs. But. Marginal production costs heading towards $100/bl. 50 largest global producers' unit cost of prod up 21% last year to ~$36/bl. Marginal cost up 11% to $92.
1st time in history (modern, at least) that all central banks have printed new money at same time.
Euro countries now in recession: UK, Spain, Italy, Greece, Ireland, Slovenia, Czech Republic, Denmark, Portugal, Netherlands, Belgium.
Deal between Okla State U and OG&E for 60MW wind farm will allow OSU to take down 62-yr-old cogen power plant and use the wind power hopefully by yearend. Another 101MW wind farm now sending power to U of OK. OSU plans to save $20-30M over 20 yrs in power costs. Higher ed is OK's largest E user. State could save $290M over 10 yrs with statewide E savings program.
Sacramento Muni Utility District started up new 128MW wind farm. Earlier farm producing another 100MW.
Houston went from using none to becoming biggest user of clean/renewable E of all US cities in last 3 yrs.
Duke and Sumitomo finalized 50-50 ownership of 131MW and 168MW wind farms in Kansas. ~$353M financing. Both online later this year. Kansas City P&L and Westar to buy the power.
FRIDAY OPEN
(stock #'s in %)
Market down 119/44/15. Volume normal. Oil down $4 to under $99. Dow just above 50-day lines, S&P at them and Naz under. Labor force shrunk 350K, 115K new jobs, rate down to 8.1%. And sell in May and go away, as inane as it may be, is working again.
IFXY up 77 on nominal volume. Just the way it is. POWI up 16 after reporting Q last night, a zoom off top (50-day) lines. ABAT up another 12 in day 3 of runup, don't know if I would pile on or not. SATC up 10, just over 50-days. AMRS up 7 in bounce back. AONE up 4, tracking under 50's. NTCXF up another 4, almost double from where I bought it back in late March. CLNT up 1.
CRGE down 23, back under 50's. CABN down 16 on nominal volume, normal for them. NFEC down 11, back under $2. HOKU down 9, new bottom. PWER down 9 after reporting Q last night, back off from 50's. FSYS down 9 more on day 2 of plunge that company says "not justified". Join the club. ZOLT down 8 after reporting (turned profit), down to bottom (200) line and covered the gap from Feb. In normal market, I would buy it here. GEVO down 6, fell below bottom line. FSLR down 4, new low, after reporting Q and big loss. MXWL, NENE down 2.
Market down 119/44/15. Volume normal. Oil down $4 to under $99. Dow just above 50-day lines, S&P at them and Naz under. Labor force shrunk 350K, 115K new jobs, rate down to 8.1%. And sell in May and go away, as inane as it may be, is working again.
IFXY up 77 on nominal volume. Just the way it is. POWI up 16 after reporting Q last night, a zoom off top (50-day) lines. ABAT up another 12 in day 3 of runup, don't know if I would pile on or not. SATC up 10, just over 50-days. AMRS up 7 in bounce back. AONE up 4, tracking under 50's. NTCXF up another 4, almost double from where I bought it back in late March. CLNT up 1.
CRGE down 23, back under 50's. CABN down 16 on nominal volume, normal for them. NFEC down 11, back under $2. HOKU down 9, new bottom. PWER down 9 after reporting Q last night, back off from 50's. FSYS down 9 more on day 2 of plunge that company says "not justified". Join the club. ZOLT down 8 after reporting (turned profit), down to bottom (200) line and covered the gap from Feb. In normal market, I would buy it here. GEVO down 6, fell below bottom line. FSLR down 4, new low, after reporting Q and big loss. MXWL, NENE down 2.
Thursday, May 3, 2012
THURSDAY CLOSE
(stock #'s in %)
Market down 61/35/10. Volume a little heavy. Oil down under $103.
ABAT, SLMU up 14. Day 2 of ABAT run, today over 50-day lines. SLMU's 50-days still holding, over 2-month run. ECOS up 10. Holding 50-days, and just under 200's. CERP up 9, still on bottom. CREG, CCGI up 8. All of CREG's lines held. AMEL up 7. LSCG up 4. Climbing out over 50's.
FSYS down 18, plunge through bottom (200) line. ACFN down 15. Big fall from top, tripled since August. NEXS down 11. Couldn't puncture 50's. GEVO, SYNM, CWET, AMLM down 10. GEVO on bottom (200) line. SYNM back to bottom. CWET trolling bottom. AMLM trolling 50-days. SZYM, CRGE down 8. SZYM headed for new bottom or forming funky double bottom. CRGE treading 50's. ENZR down 7 from yesterday's zoom. AMRS down 6 more, back to bottom.
Market down 61/35/10. Volume a little heavy. Oil down under $103.
ABAT, SLMU up 14. Day 2 of ABAT run, today over 50-day lines. SLMU's 50-days still holding, over 2-month run. ECOS up 10. Holding 50-days, and just under 200's. CERP up 9, still on bottom. CREG, CCGI up 8. All of CREG's lines held. AMEL up 7. LSCG up 4. Climbing out over 50's.
FSYS down 18, plunge through bottom (200) line. ACFN down 15. Big fall from top, tripled since August. NEXS down 11. Couldn't puncture 50's. GEVO, SYNM, CWET, AMLM down 10. GEVO on bottom (200) line. SYNM back to bottom. CWET trolling bottom. AMLM trolling 50-days. SZYM, CRGE down 8. SZYM headed for new bottom or forming funky double bottom. CRGE treading 50's. ENZR down 7 from yesterday's zoom. AMRS down 6 more, back to bottom.
STUFF
S Korea plans to start trading emissions credits by '15. World's 7th biggest GHG emitter.
Brookings study: US exports of LNG would have only "modest upward impact" on domestic prices and manufacturers.
US fleet of earth-monitoring satellites "at risk of collapse", threatening weather forecasting, climate change monitoring and other fundtions: National Research Council. If no change, could be at 25% of current capabilities by '20.
Vestas (wind turbines) to decide on US layoffs in Q3. Obviously also waiting on tax credit extension.
World Bank: China's cities should take lead in low-carbon projects. EU, Chinese officials now meeting on energy policies.
Panetta: climate change, oil dependence are issues of national security. Pentagon will take a lead role in energy use shift.
CBO: tougher CAFE standards (higher MPG's) will take $57B out of highway fund.
BLM halted oil/gas lease sale in Colo wine country.
Japan's last nuke reactor now idle.
China cutting solar subsidies it set in Feb from $1.11/w to 87 cents (21%) for developers who gen the power for their own use. Govt says solar prices falling at rate that projects no longer need the former subsidy level.
2 of India's largest importers of Iranian crude say they will cut imports by at least 15% in face of US pressure, insurance, shipping and payment difficulties. Iran oil exports at lowest level in 20 yrs.
ADM notes US corn planting highest in 35 yrs.
Verbio in talks with German govt to expand their straw-to-gas project. Already $198M earmarked for building 2 projects - 1 each in Germany and Hungary - by '14, and expanding existing project gone online last month. 50 gas stations in Germany selling comp's biomethane. 90K cars in Germany can use it.
UK Farmers Union lashed out at govt because >75% of biofuels used in UK comes from foreign feedstock.
Solar-powered yacht has made it around the world. Cool-looking trimaran a day out from Monaco.
Plants flowering much faster than scientists had predicted with climate change. Serious implications for nutrient cycles, pollination, global food chain.
Brookings study: US exports of LNG would have only "modest upward impact" on domestic prices and manufacturers.
US fleet of earth-monitoring satellites "at risk of collapse", threatening weather forecasting, climate change monitoring and other fundtions: National Research Council. If no change, could be at 25% of current capabilities by '20.
Vestas (wind turbines) to decide on US layoffs in Q3. Obviously also waiting on tax credit extension.
World Bank: China's cities should take lead in low-carbon projects. EU, Chinese officials now meeting on energy policies.
Panetta: climate change, oil dependence are issues of national security. Pentagon will take a lead role in energy use shift.
CBO: tougher CAFE standards (higher MPG's) will take $57B out of highway fund.
BLM halted oil/gas lease sale in Colo wine country.
Japan's last nuke reactor now idle.
China cutting solar subsidies it set in Feb from $1.11/w to 87 cents (21%) for developers who gen the power for their own use. Govt says solar prices falling at rate that projects no longer need the former subsidy level.
2 of India's largest importers of Iranian crude say they will cut imports by at least 15% in face of US pressure, insurance, shipping and payment difficulties. Iran oil exports at lowest level in 20 yrs.
ADM notes US corn planting highest in 35 yrs.
Verbio in talks with German govt to expand their straw-to-gas project. Already $198M earmarked for building 2 projects - 1 each in Germany and Hungary - by '14, and expanding existing project gone online last month. 50 gas stations in Germany selling comp's biomethane. 90K cars in Germany can use it.
UK Farmers Union lashed out at govt because >75% of biofuels used in UK comes from foreign feedstock.
Solar-powered yacht has made it around the world. Cool-looking trimaran a day out from Monaco.
Plants flowering much faster than scientists had predicted with climate change. Serious implications for nutrient cycles, pollination, global food chain.
THURSDAY OPEN
(stock #'s in %)
Market down 24/10/3. Volume normal. Oil down $2, near $103. US productivity, service industry growth, jobless claims all down.
CERP up 11. ABAT, SATC up 9. ABAT in day 2 of run, now above 50-day lines. SATC also now above 50's. XWES up 7 on good Q report. Near top (50) line. SLMU up 5. CLNT, LSCG up 2.
AMLM down 18 after yesterday's jump. FSYS down 12 after negative Q report, drop below bottom (200) line. SYNM down 9, back to bottom. NFEC down 2.
Market down 24/10/3. Volume normal. Oil down $2, near $103. US productivity, service industry growth, jobless claims all down.
CERP up 11. ABAT, SATC up 9. ABAT in day 2 of run, now above 50-day lines. SATC also now above 50's. XWES up 7 on good Q report. Near top (50) line. SLMU up 5. CLNT, LSCG up 2.
AMLM down 18 after yesterday's jump. FSYS down 12 after negative Q report, drop below bottom (200) line. SYNM down 9, back to bottom. NFEC down 2.
Wednesday, May 2, 2012
STUFF
Dallas Fed Prez: 5 US banks have 52% of all deposits, bigger now than before crisis. So much for too big to fail or even go to jail (the last my thought).
N Sea NG well leak hasn't contaminated fish: Scot govt.
Cruise industry fighting clean fuel rule. I just report here. Sometimes comment. But what's the use? Of course, their costs will go up and they might not be able to raise prices what with the latest debacles. Why care about the environment and do the right thing? Cruise, anyone?
Bolivia govt moving to nationalize grid. Even the US has the TVA.
Japan expects power shortages this summer if they can't get their nukes back online.
Spain opening up its 1M metric ton/yr biodiesel market to EU after EU block of biodiesel imports from Argentina, Indonesia. Spain has 7% biodiesel blend. Their biodiesel industry now running @ ~14% of capacity.
TVA's new combined cycle NG power plant began ops a month ahead of sked, ~$30M under budget. 880MW. Sited next to coal-fired plant where 2 of 4 units will be retired, the other 2 idled at yearend. Yay. TVA owned by US govt, makes no profit, rates reflect that. They have 8 combined cycle plants online now, I think the number is.
NRG Energy, Kraft Group building 1MW solar canopy at Patriot Place to be ready by start of football season. Way to go Pats.
NRG Energy, FSLR, MidAm Solar celebrated delivering 100MW of 290MW AZ project to the grid, making it N Am's largest PV solar plant in op. Full completion in '14.
95% of jobs lost in "great recesssion" were from middle class.
N Sea NG well leak hasn't contaminated fish: Scot govt.
Cruise industry fighting clean fuel rule. I just report here. Sometimes comment. But what's the use? Of course, their costs will go up and they might not be able to raise prices what with the latest debacles. Why care about the environment and do the right thing? Cruise, anyone?
Bolivia govt moving to nationalize grid. Even the US has the TVA.
Japan expects power shortages this summer if they can't get their nukes back online.
Spain opening up its 1M metric ton/yr biodiesel market to EU after EU block of biodiesel imports from Argentina, Indonesia. Spain has 7% biodiesel blend. Their biodiesel industry now running @ ~14% of capacity.
TVA's new combined cycle NG power plant began ops a month ahead of sked, ~$30M under budget. 880MW. Sited next to coal-fired plant where 2 of 4 units will be retired, the other 2 idled at yearend. Yay. TVA owned by US govt, makes no profit, rates reflect that. They have 8 combined cycle plants online now, I think the number is.
NRG Energy, Kraft Group building 1MW solar canopy at Patriot Place to be ready by start of football season. Way to go Pats.
NRG Energy, FSLR, MidAm Solar celebrated delivering 100MW of 290MW AZ project to the grid, making it N Am's largest PV solar plant in op. Full completion in '14.
95% of jobs lost in "great recesssion" were from middle class.
WEDNESDAY CLOSE
(stock #'s in %)
Market flat and mixed. Volume a little light. Oil down near $105.
AMLM up 28. NTCXF up 19. ENZR up 19. Went down all of April from top, now sprung out above all lines again. Over double on the year. PSPW up 15. ABAT up 13. May be start up from bottom, maybe not. CLNT up 12. AONE up 11, nearing 50-day lines. ACPW up 9, closing in on 200-day lines.
AEHI down 37. PTOS down 36. XDSL down 27. LEXG down 22, back under 50's, fell through all lines. BHWX down 15. ALTI down 11, back to bottom 50. BFRE, JUHL down 10. SLMU down 9, back to 50's. NFEC down 6. NENE, LSCG down 2.
Market flat and mixed. Volume a little light. Oil down near $105.
AMLM up 28. NTCXF up 19. ENZR up 19. Went down all of April from top, now sprung out above all lines again. Over double on the year. PSPW up 15. ABAT up 13. May be start up from bottom, maybe not. CLNT up 12. AONE up 11, nearing 50-day lines. ACPW up 9, closing in on 200-day lines.
AEHI down 37. PTOS down 36. XDSL down 27. LEXG down 22, back under 50's, fell through all lines. BHWX down 15. ALTI down 11, back to bottom 50. BFRE, JUHL down 10. SLMU down 9, back to 50's. NFEC down 6. NENE, LSCG down 2.
WEDNESDAY OPEN
(stock #'s in %)
Market down 50/13/7. Volume a little heavy. Oil down under $106. ADP: 119K private sector jobs added in April. US March factory orders down 1.5%.
SLMU up 14 on bounceback, 50-day lines still holding. VSPC up 13. PSPW up 12. CLNT up 7.
AEHI down 15. XDSL down 9. NEXS down 8. CCTC down 7 more. ALTI down 5, back to 50's.
Market down 50/13/7. Volume a little heavy. Oil down under $106. ADP: 119K private sector jobs added in April. US March factory orders down 1.5%.
SLMU up 14 on bounceback, 50-day lines still holding. VSPC up 13. PSPW up 12. CLNT up 7.
AEHI down 15. XDSL down 9. NEXS down 8. CCTC down 7 more. ALTI down 5, back to 50's.
Tuesday, May 1, 2012
STUFF
Iran discovered 1 of biggest NG fields in mideast. Comparable to world's largest field they share with Qatar - 1,800TCF. Iran also has offered $500M to build $1.5-1.8B NG pipeline to Pakistan. Scheduled completion by '17. And agreements to add oil pipe to it to carry 70-80kb/d.
Biggest NG reserves still belong to Russia.
Fed Reserve Act of 1913 established 3 key objectives for monetary policy. 1, max employment. 2, stable prices. 3, moderate long-term interest rates. They're certainly not doing 1. Now the mandate is 1, conduct monetary policy, 2, supervise/regulate banking, 3, maintain stability of financial system, 4, provide financial services for depository institutions, US govt, foreign official institutions and 5, econ research (Beige Book). The only stockholders of the 12 regional Fed banks are national banks (chartered by US govt) and state-chartered banks that meet requirements and want to join (~38% of country's 8K banks).When the Fed writes a check it's creating money. US govt receives all of Fed's annual profits after a 6% dividend on members' investments, operating expenses and account surplus maintainance. In '11, $77B went to US Treasury. $79B in '10. So, there you have the Fed. I wonder when they got away from the max employment mandate. Let alone stable prices - a 1913 dollar is worth what now, a cent?
Last year India had world's worst air pollution: Yale study. And 200M Indians still living without el.
1 more thing to worry about: large solar storms could cause widespread damage to US grid, endanger >100 nuke plants that depend on grid for power, cooling.
Bloom Energy (fuel cells) broke ground on Delaware factory that will double their production.
Exxon shut down pipeline after 80K gallons of crude spill in N Louisiana.
Institute of Medicine will examine fracking process for health risks. Scientists say fracking should only take place at least 600 meters below aquifers used for water supply.
IEA: biofuels production needs to double from currently announced capacity by '20, and govts need to level the playing field.
BP plans to add 3 drilling rigs in Gulf by yearend, bringing their total to 8, more than before spill.
Biggest NG reserves still belong to Russia.
Fed Reserve Act of 1913 established 3 key objectives for monetary policy. 1, max employment. 2, stable prices. 3, moderate long-term interest rates. They're certainly not doing 1. Now the mandate is 1, conduct monetary policy, 2, supervise/regulate banking, 3, maintain stability of financial system, 4, provide financial services for depository institutions, US govt, foreign official institutions and 5, econ research (Beige Book). The only stockholders of the 12 regional Fed banks are national banks (chartered by US govt) and state-chartered banks that meet requirements and want to join (~38% of country's 8K banks).When the Fed writes a check it's creating money. US govt receives all of Fed's annual profits after a 6% dividend on members' investments, operating expenses and account surplus maintainance. In '11, $77B went to US Treasury. $79B in '10. So, there you have the Fed. I wonder when they got away from the max employment mandate. Let alone stable prices - a 1913 dollar is worth what now, a cent?
Last year India had world's worst air pollution: Yale study. And 200M Indians still living without el.
1 more thing to worry about: large solar storms could cause widespread damage to US grid, endanger >100 nuke plants that depend on grid for power, cooling.
Bloom Energy (fuel cells) broke ground on Delaware factory that will double their production.
Exxon shut down pipeline after 80K gallons of crude spill in N Louisiana.
Institute of Medicine will examine fracking process for health risks. Scientists say fracking should only take place at least 600 meters below aquifers used for water supply.
IEA: biofuels production needs to double from currently announced capacity by '20, and govts need to level the playing field.
BP plans to add 3 drilling rigs in Gulf by yearend, bringing their total to 8, more than before spill.
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