LATER STUFF

Policy support for solar growing in sub-Sahara. 6 of 10 fastest growing econs there '00-'10. With current rates of that, Africa GDP should triple by '30. RENA says solar's share of that could rise from 17% of elgen mix in '09 to 50% in '30 to 245Gw solar PV, 94Gw CSP. 25 region countries now hit by frequent blackouts. 24% of pop has el access. 5 countries have FITs for on-grid solar. 7 introducing, considering.

NRG Energy, biggest power provider to US utils, bypassing utils to rooftop solar home, biz installs. To offer NG-fired fuel cells or turbines later for when sun goes down. Energy distribution market $370B in US. NRG has stakes in 94 power plants, 98.5% fossil fuel fired.

EIA: 17% decline in energy use by US manufacturing '02-'10. Manufacturing declined 3% same period. Energy efficiency. Yay, verily.

# of E STAR certified homes in NY up 10% last year. 2,262 in '12.

Clear Sky Advisors says Saudi Arabia, Israel, Turkey, UAE, Jordan to be good solar marts in coming years.

Geo heat pumps being considered for state renewable energy standards (RES), ren en creds (RECs). 38 states with RESs. 9 allow GHPs to earn creds. AZ, HI, IN, MD, MI, NH, PA, TX, Wisconsin. GHPs can save homeowners 40-60% in heating, cooling costs. 22% of el used in US homes for cooling. RECs for GHPs probably only make sense in states where el for cooling is high, fossil fuel el for heating is low. Or if GHP displaces el heat. Nationally, 35% of homes heated by el, 49% heated by NG. Not always does GHP reduce GHG emissions.

Romania to scale back clean energy subsidies to avoid further power price increases. Max value of green certifs may be cut almost in half. They've raised el prices 10% this year. ~4% due to clean E subsidies. Total cost increase this year to be ~500M Euro. They have 1.6Gw wind installed, ~70Mw solar. Goal 24% clean/ren by '20. 1.7Gw clean in development. That will bring them close to what their grid can handle.

6 out of 30 plays account for 88% of US shale gas production. 2 of 21 plays account for 81% of tight oil production. But "sweet spot" won't last more than 5 years, if that.

Biz activity in France shrank last month fastest rate in 4 yrs.

Russia to deliver 38B cubic meters/yr of NG to China by '18. 60B long run. Germany now Russia's biggest customer at 33B. Russia also to double oil deliveries to China to 31B tons/y (~226B bls by my calc).

India now 4th largest user of oil, petro products after US, China, Russia: EIA. Use doubled '90-'11.

India crude production fell 4% yoy in Feb to 750Kb/d. NG ouput continued declining trend.

Shell ended curb on crude exports from Nigeria after fixing pipeline leaks.

Schlumberger (burger with bacon and avacado on salmon with pistachio/almond mayonnaise, kale and swiss cheese?) says N Am oil production activity coming in lower than expected for Q1, fewer rigs going back to work than expected.

To take at least 5 yrs to start commercial development of shale gas in Saudi Arabia. Aramco says 286TCF reserves. Baker Hughes says 645.

Labor strike in Libya oil field left 120Kb/d off mart.

For $1.5B Rosneft got 40% of 40B bl Venezuela oil project. Expected to produce 400Kb/d by '18.

Colonial Pipeline to expand pipe bringing gas, diesel, other to Northeast from Gulf coast by at least 100Kb/d.

Marcellus production now over 7BCF/d. US largest NG play.

Oil production in Gulf of Mex expected to increase this yr, 1st time in 4 yrs. Offshore prod expected to increase faster than onshore post '20.

Rail oil transport expected to hit 700Kb/d by yearend. Up 46% yoy. Most from ND. Not enough pipeline up there.

Mexico's oil reserves up .4% in '12 to 13.8B bls.

Fish caught near Fuku 7,400x more radioactive than human safe limit.

TNK-BP to use fracking, horizontal drilling in almost half of their wells this year. 6x increase in last 2 yrs.