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.

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