Siemens to cut 1.7K jobs in energy ops.
TX's Eagle Ford oil production up 54% yoy in April. 530Kb/d. Up 13% from Feb. 9 major fields. TX using 10% of all drill rigs on the planet.
TX A&M Central TX starting up "world's biggest solar E test facility". 50Mw. Commercial demos, testing, incubator program to guide new techs. Will also provide all A&M CT's power needs. $600M est. cost. Neighbor is Fort Hood. To be built in stages.
India's trade policies hurting US solar industry. Local content requirement the prob.
Atom-thick PV solar sheets could pack hundreds of times more power per weight than today's cells. MIT. Nanotech.
Lawmakers missed deadline for NY solar bill.
Brazil forecast to grow GDP 25% next 5-6 yrs with large infrastructure program. Hosting '14 World Cup, '16 summer Olympics.
Peru preparing auction of 26 oil concessions in Amazon. Aiming for $1B. 2nd auction this year after 3-yr hiatus. Perupetro auctioned 9 offshore concessions in May. Licenses maybe in Oct.
DNO (Norway) discovery in Kurdistan. Could be 1B bls. GENL involved.
Noble, Israel partners sealed Cyprus LNG terminal deal.
Gazprom withdrew from Greece Public Gas Corp deal.
Statoil launching anti-terror ops. Algeria.
Egco (Thailand) paid A$110M for Boco Rock wind farm in Australia.
IL throws away 5M tons wood per day. Chip Energy $1.5M biomass conversion facility. Used shipping containers welded together. Oct start. Waste to briquettes.
Saturday, June 29, 2013
FRIDAY CLOSE
(stock #s in %)
Dow down 114, Nasdaq up 1, S&P down 7. Volume normal. (Sorry, obviously I guessed. Volume was almost 3x normal for last day of quarter.) Oil: WTI under $97, Brent over $102. NG $3.56.
BHWX up 100. CABN up 65. BLQN up 53 on 100 shares. SATCQ up 53. WTWO up 33. SOPW up 19. ASPW up 18 on 100 shares. ZNNMF up 17. PSPW up 16. SRWRF up 15. LSCG up 13. AMSC up 12 on news (see FRIDAY STUFF). AMLM, AMTX, BLDW, CSUN up 11. AMBT up 10. EWRL up 4. RVLT, NTCXF up 2. CERP up 1.
CRGE down 54. CDTI down 35. TMEN down 20. CSKH, GSPI down 16. GERS down 15. LIME, MKTY down 14. ABAT down 13. NPWZ, XIDEQ down 11. NENE down 6. ECTY down 3.
Dow down 114, Nasdaq up 1, S&P down 7. Volume normal. (Sorry, obviously I guessed. Volume was almost 3x normal for last day of quarter.) Oil: WTI under $97, Brent over $102. NG $3.56.
BHWX up 100. CABN up 65. BLQN up 53 on 100 shares. SATCQ up 53. WTWO up 33. SOPW up 19. ASPW up 18 on 100 shares. ZNNMF up 17. PSPW up 16. SRWRF up 15. LSCG up 13. AMSC up 12 on news (see FRIDAY STUFF). AMLM, AMTX, BLDW, CSUN up 11. AMBT up 10. EWRL up 4. RVLT, NTCXF up 2. CERP up 1.
CRGE down 54. CDTI down 35. TMEN down 20. CSKH, GSPI down 16. GERS down 15. LIME, MKTY down 14. ABAT down 13. NPWZ, XIDEQ down 11. NENE down 6. ECTY down 3.
Friday, June 28, 2013
STUFF
US Fed grand jury indicted 2 Sinovel execs, former employee of American Superconductor (AMSC) for conspiring in '11 to steal AMSC software that controls el flow in turbines. Caused alleged $800M damages. Loss of 500 jobs. No US extradition treaties with China, Serbia (where AMSC employee ended up). (No extradition treaty with China?!) Sinovel to face trial in US. Could face fines 2x damages plus restitution to AMSC. AMSC also suing in China for $450M for infringement of trade secrets and other settlements. Sinovel-made wind turbines contain AMSC-stolen intellectual property. DOJ launched $4.8B prosecution case. (Confucious said: "the wind cleanses the spirit". I made that up. Maybe it was Lao Tse. Maybe Charlie Chan. Bruce Lee?)
Heritage Foundation: reduced power gen from coal plants could cost 500K jobs, drop family incomes, raise NG prices. (I bet they exaggerate some. But cleaner, healthier air, less global warming will cost something somewhere to someones; add value elsewhere.)
Study: human-caused climate change behind record hot Australian summer 6 months ago. (They did get a govt leadership change lately.)
After 7 months of drought, Marshall Islands' capitol had tidal floods.
Study: historical records of sea levels during last ice age inaccurate. May change current climate models.
BLM proposing to offer 8 parcels near Mesa Verde in Nov oil/gas lease sale. Locals do not like. (Ever been there?)
Nordex (Germany) closing Arkansas wind turbine nacelle assembly plant in Oct. "Uncertainty in US market from govt extending PTC 1 year in last hour last year, plus some over capacity." Opened in '09 for $100M with goal of 700 jobs by '14.
Binz nominated to head FERC.
Sunrun scored over $630M for solar rooftop installs across US. JP Morgan, US Bank among investors. Using 3rd party owned model. US residential solar installs up 53% yoy. Sunrun has over $2B in pipeline.
IEA: globally, clean/renewable energy may supply more power than nuclear or NG by '16. Clean/ren may grow 40% next 5 yrs. Near 22% now worldwide.
Sale of shares in new grid lines to normal citizens launched in Germany. More citizens working to take power supply into their own hands. Also buybacks of muni utilities sold to private firms in '90's. '07-'12 over 230 municipalities started their own utilities or bought back from private owners.
Better insulation, triple glazing, better boilers, etc. can cut new house power use up to 90%. (But do utilities want that? We need a new power paradigm folks.)
Every 5% global shift to av biofuels creates 72K jobs, avoids 3M tons/yr of carbon emissions. US commercial av uses near 20B gal jetfuel/yr. 5% shift in US creates 3.6K jobs, avoids 150K tons carbon/yr.
CleanWorld (Cal) expanding 10K tons/yr biodigester to 40K. Will be largest commercial high solids food waste digester in US. Dec '13 completion. Will convert 100 tons/day of food waste into heat, power, NG, fertilizer enhancements. CNG fueling station next door.
US Forest Service awarded near $2.5M in grants to 10 comps, community groups for wood-to-energy projects. Recipients to provide at least 20% of project cost. Other matching funds near $6.3M. GAO: USFS $314M backlog in trails maintenance. (How do we maintain our happy trails, pards?)
2-junction solar cell reached new record 31.1% efficiency at NREL. Beat Alta Devices' 30.8% made 2 months ago. NREL joint project with U Cal Berkeley, Spectrolab.
Repsol rejected $5B offer from Argentina for '12 seizure of 51% stake in YPF.
Consortium rejected Nabucco NG pipeline from Azerbaijan to Europe for shorter TAP pipe through Turkey, Greece, Albania, under Adriatic to Italy. Nabucco a more northern route. Production under Caspian starts in '18 - 16BCM/yr. TAP ready in '19.
New nuke reactors in Brit to be backed by govt. Britain wants to attract 100B Pounds of private investment in energy sector. Also unveiled plans for tax changes, planning laws to exploit shale gas. EDF wants to build 2-reactor 14B Pound nuke plant in Brit.
MidAmerican subsid completed largest ever solar project bond offering. (I couldn't find more on it.)
Malakoff to pay $600M for 50% stake in Australian wind project.
Returns at clean/renew energy mutual funds up avg. 23% last 12 months. Smallest gain over 14%. Latest Q returns avg. 4.5%. ETF returns mixed. Largest 12-month gain from QCLN - over 50%.
Obama turned over keys of climate change plan to 2 women.
Oregon temporary ban on pesticide suspected in bee deaths.
Heritage Foundation: reduced power gen from coal plants could cost 500K jobs, drop family incomes, raise NG prices. (I bet they exaggerate some. But cleaner, healthier air, less global warming will cost something somewhere to someones; add value elsewhere.)
Study: human-caused climate change behind record hot Australian summer 6 months ago. (They did get a govt leadership change lately.)
After 7 months of drought, Marshall Islands' capitol had tidal floods.
Study: historical records of sea levels during last ice age inaccurate. May change current climate models.
BLM proposing to offer 8 parcels near Mesa Verde in Nov oil/gas lease sale. Locals do not like. (Ever been there?)
Nordex (Germany) closing Arkansas wind turbine nacelle assembly plant in Oct. "Uncertainty in US market from govt extending PTC 1 year in last hour last year, plus some over capacity." Opened in '09 for $100M with goal of 700 jobs by '14.
Binz nominated to head FERC.
Sunrun scored over $630M for solar rooftop installs across US. JP Morgan, US Bank among investors. Using 3rd party owned model. US residential solar installs up 53% yoy. Sunrun has over $2B in pipeline.
IEA: globally, clean/renewable energy may supply more power than nuclear or NG by '16. Clean/ren may grow 40% next 5 yrs. Near 22% now worldwide.
Sale of shares in new grid lines to normal citizens launched in Germany. More citizens working to take power supply into their own hands. Also buybacks of muni utilities sold to private firms in '90's. '07-'12 over 230 municipalities started their own utilities or bought back from private owners.
Better insulation, triple glazing, better boilers, etc. can cut new house power use up to 90%. (But do utilities want that? We need a new power paradigm folks.)
Every 5% global shift to av biofuels creates 72K jobs, avoids 3M tons/yr of carbon emissions. US commercial av uses near 20B gal jetfuel/yr. 5% shift in US creates 3.6K jobs, avoids 150K tons carbon/yr.
CleanWorld (Cal) expanding 10K tons/yr biodigester to 40K. Will be largest commercial high solids food waste digester in US. Dec '13 completion. Will convert 100 tons/day of food waste into heat, power, NG, fertilizer enhancements. CNG fueling station next door.
US Forest Service awarded near $2.5M in grants to 10 comps, community groups for wood-to-energy projects. Recipients to provide at least 20% of project cost. Other matching funds near $6.3M. GAO: USFS $314M backlog in trails maintenance. (How do we maintain our happy trails, pards?)
2-junction solar cell reached new record 31.1% efficiency at NREL. Beat Alta Devices' 30.8% made 2 months ago. NREL joint project with U Cal Berkeley, Spectrolab.
Repsol rejected $5B offer from Argentina for '12 seizure of 51% stake in YPF.
Consortium rejected Nabucco NG pipeline from Azerbaijan to Europe for shorter TAP pipe through Turkey, Greece, Albania, under Adriatic to Italy. Nabucco a more northern route. Production under Caspian starts in '18 - 16BCM/yr. TAP ready in '19.
New nuke reactors in Brit to be backed by govt. Britain wants to attract 100B Pounds of private investment in energy sector. Also unveiled plans for tax changes, planning laws to exploit shale gas. EDF wants to build 2-reactor 14B Pound nuke plant in Brit.
MidAmerican subsid completed largest ever solar project bond offering. (I couldn't find more on it.)
Malakoff to pay $600M for 50% stake in Australian wind project.
Returns at clean/renew energy mutual funds up avg. 23% last 12 months. Smallest gain over 14%. Latest Q returns avg. 4.5%. ETF returns mixed. Largest 12-month gain from QCLN - over 50%.
Obama turned over keys of climate change plan to 2 women.
Oregon temporary ban on pesticide suspected in bee deaths.
FRIDAY OPEN
(stock #s in %)
Market mixed, flat. Volume normal. Oil: WTI ~$97, Brent under $103. NG $3.55. US biz activity cooled more than forecast in June.
BLQN up 53 on 100 shares. Gotta love it. WTWO up 33. AMSC up 11 on court action, but will take a long time to collect anything, back over bottom (50-day) lines. RSOL up 3, top (50-day) lines holding. RVLT up 2. NTCXF, LEDS, ECTY up 1.
CRGE down 54. CDTI down 36 on new offering news, new low. EWRL down 16. ORYN down 12. KIOR down 8, some profit taking on yesterday's jump. CERE, WSGP down 4. CERP down 3. PSON down 1.
Market mixed, flat. Volume normal. Oil: WTI ~$97, Brent under $103. NG $3.55. US biz activity cooled more than forecast in June.
BLQN up 53 on 100 shares. Gotta love it. WTWO up 33. AMSC up 11 on court action, but will take a long time to collect anything, back over bottom (50-day) lines. RSOL up 3, top (50-day) lines holding. RVLT up 2. NTCXF, LEDS, ECTY up 1.
CRGE down 54. CDTI down 36 on new offering news, new low. EWRL down 16. ORYN down 12. KIOR down 8, some profit taking on yesterday's jump. CERE, WSGP down 4. CERP down 3. PSON down 1.
Thursday, June 27, 2013
THURSDAY CLOSE
(stock #s in %)
Market up 114/25/9. Volume normal. Oil: WTI under $97, Brent under $103. NG $3.58.
AEHI up 100 on 500 shares. Pretty ridiculous. LEOM up 35 on 800 shares. PTOS up 34 on 11K. KIOR up 18, day 4 of climb off bottom to top (200-day) lines. (OK, so I missed day 1. Let's watch tomorrow if it goes through 200s or gets pushed back.) BLDW up 18. CERE up 16, in between 50s and 200s. CRCL, CGYV up 14. GTAT up 13, leap to top line (200-day), huge volume. AONEQ up 10. EFOI up 8, holding at 40 cents. TMEN up 8. RVLT up 5. CLNE up 4 on upgrade. AMSC up 2 on China court ruling they got screwed out of their tech. NENE, ECTY up 2. CERP, LEDS up 1.
ONYX down 95 on 6K. Glad I did not own that. ENSL down 40. ASIUF down 35. AMLM down 28. WWPW down 26. GSPI down 21. SRWRF down 20. CSGH down 18. IFXY down 16. AMTX, HOKU, PSPW down 14. BFRE, CHGI down 13. JUHL down 12. ASYS down 11, day 2 of fall from top. USEI down 11. DSTI, LEXG down 10. HIIT down 3. NTCXF, RSOL down 2.
Market up 114/25/9. Volume normal. Oil: WTI under $97, Brent under $103. NG $3.58.
AEHI up 100 on 500 shares. Pretty ridiculous. LEOM up 35 on 800 shares. PTOS up 34 on 11K. KIOR up 18, day 4 of climb off bottom to top (200-day) lines. (OK, so I missed day 1. Let's watch tomorrow if it goes through 200s or gets pushed back.) BLDW up 18. CERE up 16, in between 50s and 200s. CRCL, CGYV up 14. GTAT up 13, leap to top line (200-day), huge volume. AONEQ up 10. EFOI up 8, holding at 40 cents. TMEN up 8. RVLT up 5. CLNE up 4 on upgrade. AMSC up 2 on China court ruling they got screwed out of their tech. NENE, ECTY up 2. CERP, LEDS up 1.
ONYX down 95 on 6K. Glad I did not own that. ENSL down 40. ASIUF down 35. AMLM down 28. WWPW down 26. GSPI down 21. SRWRF down 20. CSGH down 18. IFXY down 16. AMTX, HOKU, PSPW down 14. BFRE, CHGI down 13. JUHL down 12. ASYS down 11, day 2 of fall from top. USEI down 11. DSTI, LEXG down 10. HIIT down 3. NTCXF, RSOL down 2.
STUFF
National Coal will "effectively" stop mountaintop removal mining in settlement with enviros.
Finnish comp opened $173M, 20Mw combined heat, power plant in Lithuania. Biomass, muni waste -fueled plant will produce 40% of seaport city's heating needs. Will dent Gazprom's 100% dominance. City also planning LNG terminal by end of '14. Lithuania plans to interconnect their grid with Sweden's, Poland's by '16. CHP plants provide near 30% of energy mix in Finland.
Gazprom looking to get LNG facility on Baltic Sea in next 5 yrs. Wants to send 10M tons/yr LNG from Finland coast. Already sending NG to German coast through pipeline. Want to link Britain into it. Gazprom supplies ~25% of Europe's NG. Europe on cusp of getting NG from Azerbaijan via pipe.
UK released subsidy prices for clean/renewable energy for '14-'19 for over 1Gw projects. 155 Pounds/Mwh for offshore wind, 100 Pounds for onshore wind, 125 Pounds for PV solar, hydropower 95 Pounds, biomass 105.
EPA told Congress E10 blend wall won't be hit until '14.
Pleasant Valley Biofuels to start up 1.5M gal/yr biodiesel plant in Utah this month. Waste veg oil, tallow, virgin organic oils feedstock.
Cereplast (CERP) moved HQ, Europe office to cut op expenses $600-800K/yr. 1H13 sales to "substantially exceed" 1H12.
Duke U study linked fracking to groundwater contamination in northeast PA houses within kilometer of drilling. Methane in 82% of drinking water samples. Concentrations 6x higher than homes farther away. Concentrations of ethane 23x higher. Propane also found. No biological source of ethane, propane in region. But Marcellus gas high in both.
Israel put 40% cap on NG exports. Pipeline to Turkey or $15B LNG port to export to Asia? Israel uses ~7BCM/yr. With 40% cap, reserves could supply Israel for 25 yrs.
China accounted for 25% of global GHG emissions in '11. US under 17%. US emissions falling, China growing (3.4% in '12).
Funding disappearing for nuke fusion over poor progress. Reactor at Lawrence Livermore National Ignition Facility under threat of fund cut. $486M. Congress reconsidering contribution to ITER in France.
UK '11 fossil fuel imports up ~10%, exports fell. '12 GHG emissions up 3.5% from move to coal, cold winter.
Nigeria privatizing 80% of 10 NG-fired power plants. Over 4.2Gw total (design capacity over 5.4Gw).
Abengoa (SP) opened ethanol from muni solid waste demo plant, their 1st use of the tech. Largest globally, though. 25K tons of waste generates up to 400K gallons. They're building cellulosic corn to ethanol plant in Kansas, $110M waste to energy plant in AZ to gen power.
Renewables Infrastructure Group planning biggest IPO for UK clean power. $460M. To buy 14 wind farms, 4 solar parks in Brit, France, Ireland. 276Mw total. Previous IPO - Greencoat Wind - up 7% since March debut. Bluefield Partners planning 150M Pound IPO to invest in solar.
EIB may lend Drax $160M to convert 1/2 of Brit's largest coal power plant to wood-fired. $1B plan.
India solar credits dropped to floor price for 1st time this month. Down 19% from May. India's solar capacity up 79% in last FY to over 1.6Gw.
Mitsubishi to supply 47Mw turbine for Turk geothermal plant. Follows '08 turbine delivery to same plant. Mitsu has orders for over 100 turbines from 13 countries for geo plants. They've supplied ~30% of global capacity.
Vestas signed 99Mw wind turbine contract.
Geological ests. indicate 2x more shale gas in north England than previously thought.
Acciona got 45Mw wind project in Chile.
ADB: Asia requires $944B of energy efficiency investment.
Philippines mapped out plan to switch to 100% clean/renewable energy in 10 yrs.
Foxx got 100-0 Senate confirm to head DOT.
Finnish comp opened $173M, 20Mw combined heat, power plant in Lithuania. Biomass, muni waste -fueled plant will produce 40% of seaport city's heating needs. Will dent Gazprom's 100% dominance. City also planning LNG terminal by end of '14. Lithuania plans to interconnect their grid with Sweden's, Poland's by '16. CHP plants provide near 30% of energy mix in Finland.
Gazprom looking to get LNG facility on Baltic Sea in next 5 yrs. Wants to send 10M tons/yr LNG from Finland coast. Already sending NG to German coast through pipeline. Want to link Britain into it. Gazprom supplies ~25% of Europe's NG. Europe on cusp of getting NG from Azerbaijan via pipe.
UK released subsidy prices for clean/renewable energy for '14-'19 for over 1Gw projects. 155 Pounds/Mwh for offshore wind, 100 Pounds for onshore wind, 125 Pounds for PV solar, hydropower 95 Pounds, biomass 105.
EPA told Congress E10 blend wall won't be hit until '14.
Pleasant Valley Biofuels to start up 1.5M gal/yr biodiesel plant in Utah this month. Waste veg oil, tallow, virgin organic oils feedstock.
Cereplast (CERP) moved HQ, Europe office to cut op expenses $600-800K/yr. 1H13 sales to "substantially exceed" 1H12.
Duke U study linked fracking to groundwater contamination in northeast PA houses within kilometer of drilling. Methane in 82% of drinking water samples. Concentrations 6x higher than homes farther away. Concentrations of ethane 23x higher. Propane also found. No biological source of ethane, propane in region. But Marcellus gas high in both.
Israel put 40% cap on NG exports. Pipeline to Turkey or $15B LNG port to export to Asia? Israel uses ~7BCM/yr. With 40% cap, reserves could supply Israel for 25 yrs.
China accounted for 25% of global GHG emissions in '11. US under 17%. US emissions falling, China growing (3.4% in '12).
Funding disappearing for nuke fusion over poor progress. Reactor at Lawrence Livermore National Ignition Facility under threat of fund cut. $486M. Congress reconsidering contribution to ITER in France.
UK '11 fossil fuel imports up ~10%, exports fell. '12 GHG emissions up 3.5% from move to coal, cold winter.
Nigeria privatizing 80% of 10 NG-fired power plants. Over 4.2Gw total (design capacity over 5.4Gw).
Abengoa (SP) opened ethanol from muni solid waste demo plant, their 1st use of the tech. Largest globally, though. 25K tons of waste generates up to 400K gallons. They're building cellulosic corn to ethanol plant in Kansas, $110M waste to energy plant in AZ to gen power.
Renewables Infrastructure Group planning biggest IPO for UK clean power. $460M. To buy 14 wind farms, 4 solar parks in Brit, France, Ireland. 276Mw total. Previous IPO - Greencoat Wind - up 7% since March debut. Bluefield Partners planning 150M Pound IPO to invest in solar.
EIB may lend Drax $160M to convert 1/2 of Brit's largest coal power plant to wood-fired. $1B plan.
India solar credits dropped to floor price for 1st time this month. Down 19% from May. India's solar capacity up 79% in last FY to over 1.6Gw.
Mitsubishi to supply 47Mw turbine for Turk geothermal plant. Follows '08 turbine delivery to same plant. Mitsu has orders for over 100 turbines from 13 countries for geo plants. They've supplied ~30% of global capacity.
Vestas signed 99Mw wind turbine contract.
Geological ests. indicate 2x more shale gas in north England than previously thought.
Acciona got 45Mw wind project in Chile.
ADB: Asia requires $944B of energy efficiency investment.
Philippines mapped out plan to switch to 100% clean/renewable energy in 10 yrs.
Foxx got 100-0 Senate confirm to head DOT.
THURSDAY OPEN
(stock #s in %)
Market up 147/32/14. Nasdaq back above 50-day lines, but volume a little light. Oil: WTI over $96, Brent over $102. NG $3.68.
AEHI up 100. NGLPF up 34. CERE up 23, day 2 of turnaround from 50-day lines. EWRL up 8. LEDS up 7, back above top line. ECTY up 6, back to top (50-day) lines. RSOL, ZAAP up 3. NENE, CERP up 2. NTCXF, RVLT up 1.
USEI down 15. PSPW, EVSI down 14. ASIUF down 11. GERS down 10.
Market up 147/32/14. Nasdaq back above 50-day lines, but volume a little light. Oil: WTI over $96, Brent over $102. NG $3.68.
AEHI up 100. NGLPF up 34. CERE up 23, day 2 of turnaround from 50-day lines. EWRL up 8. LEDS up 7, back above top line. ECTY up 6, back to top (50-day) lines. RSOL, ZAAP up 3. NENE, CERP up 2. NTCXF, RVLT up 1.
USEI down 15. PSPW, EVSI down 14. ASIUF down 11. GERS down 10.
Wednesday, June 26, 2013
WEDNESDAY CLOSE
(stock #s in %)
Market up 149/28/15. Volume normal. Oil: WTI over $95, Brent under $102. NG $3.74.
WWPW up 102 on 20K shares. ASIUF up 55 on 200 shares. Yea, really. GSPI up 52 on 70K. RSOL up 18. Real goods. 11M shares. PSPW also up 18. BLDP up 16. Fuel cells. Over 2M shares. CSIQ up 13 on 7M shares. HOKU, VSPC up 12. DSTI, GERS up 11. KIOR up 10. LEDS up 6. NENE, RVLT, HIIT up 3. WSGP up 2.
AEHI down 50. BLQN down 35. USEI down 25. BSRC down 24. SRWRF down 21. LEOM down 18. MMMW down 16. ASPW down 15 on 350 shares! PTOS down 13. TMEN, CGYV down 12. NGLPF, PALAF down 11. QTMM, SENY down 10. EWRL down 8. CERP, PSON down 7. NTCXF down 5. ZAAP, ECTY, CERE down 2.
Market up 149/28/15. Volume normal. Oil: WTI over $95, Brent under $102. NG $3.74.
WWPW up 102 on 20K shares. ASIUF up 55 on 200 shares. Yea, really. GSPI up 52 on 70K. RSOL up 18. Real goods. 11M shares. PSPW also up 18. BLDP up 16. Fuel cells. Over 2M shares. CSIQ up 13 on 7M shares. HOKU, VSPC up 12. DSTI, GERS up 11. KIOR up 10. LEDS up 6. NENE, RVLT, HIIT up 3. WSGP up 2.
AEHI down 50. BLQN down 35. USEI down 25. BSRC down 24. SRWRF down 21. LEOM down 18. MMMW down 16. ASPW down 15 on 350 shares! PTOS down 13. TMEN, CGYV down 12. NGLPF, PALAF down 11. QTMM, SENY down 10. EWRL down 8. CERP, PSON down 7. NTCXF down 5. ZAAP, ECTY, CERE down 2.
STUFF
Pemex needs to boost spending near 50% to near $40B this year to develop shale resources, deepwater Gulf of Mex resources. Their oil exports to US lowest in 23 yrs. EIA says Mex shale holds 545TCF NG, 13B bls oil.
Globally, urban residents produce 2x more waste than 10 yrs ago. 1.3B tons/yr. Expect 2.2B tons in '25 with no change. Costs $200B this year to manage. '25 est. $375B. Waste-to-energy industry $7.5B this year. To grow 6.8%/yr.
Obama: Keystone pipeline must not add to GHG emissions. (That's a lot to analyze. Pipelines are cheaper than rail. But plenty of emissions digging out the bitumen, processing it, refining it v. light crude.)
National Academy of Sciences: larger pipelines carrying heavy tar sands at no greater risk of spill than those running conventional crude. (Maybe. But the bitumen et thinners a much worse batch of gunk than light crude if leached into ground or, God forbid, dumped into rivers.)
New industry standard won't mandate baseline groundwater testing for fracking. (What the hell? Who cares about our water?)
Beacon Power came out of bankruptcy (private now) with new 20Mw energy storage project in PA for PJM grid. Flywheel (kinetic energy) tech. 1st 4Mw online Sept, all online 2Q14. Their 1st 20Mw plant in NY already online.
Europe failed to approve Syngenta GMO corn for ethanol.
Norway overtook Russia as Europe's top NG supplier in '12. Russian NG prices still tied to oil prices. Norway's not, so lower prices. Their NG exports up 12%, Russia's down 10%.
Halliburton adapting US submarine tech to improve fracking efficiency. Acoustic tech records slightest of sounds made deep in Earth. Over $30B to be spent this year on fracking wells that produce less than optimal results. Halliburton still cataloguing different sounds. 15 fracking stages in each well, each cost $100K. 80% of US production from wells where oil/gas flow from only avg. of 3 stages.
Canada researchers found process to turn CO2 into methanol (fuel) that's twice as effective as current best method. They use hydroborane (process needs H). Costly to make. But produces little waste with no damage to it so it can be reused. Process still too expensive. Working on tweaking method or finding cheaper H source.
EU trade tariffs on solar making China PV solar makers turn to Africa. China panel makers in line to supply most of $140M to build 1 of largest solar plants in Africa in Kenya.
Rise in radioactive tritium in seawater in Fukushima port. Doubled in past 10 days. Contaminated groundwater the suspect. Just over 2% of legally permitted level. Analysis now of strontium-90. That gets into food chain. 3-eyed fish and all that. Help us Lord.
Serbia expecting record hydropower output this year from high water levels after all that rain. They'll be able to export at least 2Twh, double 5-yr avg. Cheaper to use than burning coal or NG. Last year they were dealing with drought.
Wave power comps need subsidized prices almost 6x tariffs for coal in UK. Wave power now costs almost $500/Mwh.
Wells Fargo to invest $100M in Sun Edison solar projects.
Aruba plans 2nd wind farm. Their target 100% clean/renewable power.
Houston, Palo Alto announced big clean energy purchases. Will make Houston largest buyer of clean energy of US cities. 140Mw more. Wind to supply half its power. $6.8B investment in new transmission lines will enable TX cities to double their wind power use. Austin also made big wind buy at prices that beat NG power. Palo Alto solar purchase to provide 18% of its power at 6.9 cents/Kwh. Their muni utility to buy 80Mw from 3 plants online in '17 for 30 yrs. They will then get half their power from clean sources.
Avg. American can save ~$2.50/gal driving an EV. In some states (with hydropower) up to $3/gal.
Solar City (SCTY) intro'd lightweight roof mounting to max out solar capacity on commercial bldg rooftops. Reduces 3-4lb/sq.ft. for conventional panels to 2.3.
USGS: US geological potential to store CO2 underground 2,400-3,700 metric gigatons. (Wouldn't that raise the US thousands of feet? Just kidding. But at what cost? We need total cost in dollars and emissions from cradle to grave of all energy sources to get this right. Whatever, Jesus is due back anytime anyway.)
NRC finding that spent nuke fuel pools safe drawing scientist's ire.
National Grid won't pay for PCB cleanup in Hudson. (I'm OK with their stance. But SOMEbody's got to get it out of the river basin. It's more on manufacturers for making it; Washington, Albany, other Hudson state govts for allowing it, in my umble opine.)
L.A. banned plastic bags. (YAY! But. What about the old retired guy who has to carry his groceries for mile and half back to home? Does he get free carrying bags? Will they put handles on paper bags? Details.)
Louisiana factory blast released over 62K lbs of toxic chems into the air ... Hazardous materials in cargo containers caught on fire in NJ port.
Happy trails, pards.
Globally, urban residents produce 2x more waste than 10 yrs ago. 1.3B tons/yr. Expect 2.2B tons in '25 with no change. Costs $200B this year to manage. '25 est. $375B. Waste-to-energy industry $7.5B this year. To grow 6.8%/yr.
Obama: Keystone pipeline must not add to GHG emissions. (That's a lot to analyze. Pipelines are cheaper than rail. But plenty of emissions digging out the bitumen, processing it, refining it v. light crude.)
National Academy of Sciences: larger pipelines carrying heavy tar sands at no greater risk of spill than those running conventional crude. (Maybe. But the bitumen et thinners a much worse batch of gunk than light crude if leached into ground or, God forbid, dumped into rivers.)
New industry standard won't mandate baseline groundwater testing for fracking. (What the hell? Who cares about our water?)
Beacon Power came out of bankruptcy (private now) with new 20Mw energy storage project in PA for PJM grid. Flywheel (kinetic energy) tech. 1st 4Mw online Sept, all online 2Q14. Their 1st 20Mw plant in NY already online.
Europe failed to approve Syngenta GMO corn for ethanol.
Norway overtook Russia as Europe's top NG supplier in '12. Russian NG prices still tied to oil prices. Norway's not, so lower prices. Their NG exports up 12%, Russia's down 10%.
Halliburton adapting US submarine tech to improve fracking efficiency. Acoustic tech records slightest of sounds made deep in Earth. Over $30B to be spent this year on fracking wells that produce less than optimal results. Halliburton still cataloguing different sounds. 15 fracking stages in each well, each cost $100K. 80% of US production from wells where oil/gas flow from only avg. of 3 stages.
Canada researchers found process to turn CO2 into methanol (fuel) that's twice as effective as current best method. They use hydroborane (process needs H). Costly to make. But produces little waste with no damage to it so it can be reused. Process still too expensive. Working on tweaking method or finding cheaper H source.
EU trade tariffs on solar making China PV solar makers turn to Africa. China panel makers in line to supply most of $140M to build 1 of largest solar plants in Africa in Kenya.
Rise in radioactive tritium in seawater in Fukushima port. Doubled in past 10 days. Contaminated groundwater the suspect. Just over 2% of legally permitted level. Analysis now of strontium-90. That gets into food chain. 3-eyed fish and all that. Help us Lord.
Serbia expecting record hydropower output this year from high water levels after all that rain. They'll be able to export at least 2Twh, double 5-yr avg. Cheaper to use than burning coal or NG. Last year they were dealing with drought.
Wave power comps need subsidized prices almost 6x tariffs for coal in UK. Wave power now costs almost $500/Mwh.
Wells Fargo to invest $100M in Sun Edison solar projects.
Aruba plans 2nd wind farm. Their target 100% clean/renewable power.
Houston, Palo Alto announced big clean energy purchases. Will make Houston largest buyer of clean energy of US cities. 140Mw more. Wind to supply half its power. $6.8B investment in new transmission lines will enable TX cities to double their wind power use. Austin also made big wind buy at prices that beat NG power. Palo Alto solar purchase to provide 18% of its power at 6.9 cents/Kwh. Their muni utility to buy 80Mw from 3 plants online in '17 for 30 yrs. They will then get half their power from clean sources.
Avg. American can save ~$2.50/gal driving an EV. In some states (with hydropower) up to $3/gal.
Solar City (SCTY) intro'd lightweight roof mounting to max out solar capacity on commercial bldg rooftops. Reduces 3-4lb/sq.ft. for conventional panels to 2.3.
USGS: US geological potential to store CO2 underground 2,400-3,700 metric gigatons. (Wouldn't that raise the US thousands of feet? Just kidding. But at what cost? We need total cost in dollars and emissions from cradle to grave of all energy sources to get this right. Whatever, Jesus is due back anytime anyway.)
NRC finding that spent nuke fuel pools safe drawing scientist's ire.
National Grid won't pay for PCB cleanup in Hudson. (I'm OK with their stance. But SOMEbody's got to get it out of the river basin. It's more on manufacturers for making it; Washington, Albany, other Hudson state govts for allowing it, in my umble opine.)
L.A. banned plastic bags. (YAY! But. What about the old retired guy who has to carry his groceries for mile and half back to home? Does he get free carrying bags? Will they put handles on paper bags? Details.)
Louisiana factory blast released over 62K lbs of toxic chems into the air ... Hazardous materials in cargo containers caught on fire in NJ port.
Happy trails, pards.
WEDNESDAY OPEN
(stock #s in %)
Market up 93/22/9. Volume normal. Oil: WTI over $95, Brent over $101. NG $3.68. US revised Q1 GDP up 1.8%, not 2.4%.
CSKH up 30. RSOL up 25 on contract, day 2 of turnaround, back over top (50-day) lines. GERS up 17. PTOS up 16. CRCL up 13. BLDP up 10, another turnaround. LEDS up 5. NENE, WSGP up 2. XSNX, HIIT up 1.
WTWO down 33. BSRC down 32. USEI down 28. BLDW down 23. EWRL down 19. LEOM down 18. SRWRF down 16. LSCG down 14, new low. CGYV down 12. PSON down 8. CERP, ZAAP down 5. CERE down 2, holding at bottom (50-day) lines. NTCXF, ECTY down 1.
Market up 93/22/9. Volume normal. Oil: WTI over $95, Brent over $101. NG $3.68. US revised Q1 GDP up 1.8%, not 2.4%.
CSKH up 30. RSOL up 25 on contract, day 2 of turnaround, back over top (50-day) lines. GERS up 17. PTOS up 16. CRCL up 13. BLDP up 10, another turnaround. LEDS up 5. NENE, WSGP up 2. XSNX, HIIT up 1.
WTWO down 33. BSRC down 32. USEI down 28. BLDW down 23. EWRL down 19. LEOM down 18. SRWRF down 16. LSCG down 14, new low. CGYV down 12. PSON down 8. CERP, ZAAP down 5. CERE down 2, holding at bottom (50-day) lines. NTCXF, ECTY down 1.
Tuesday, June 25, 2013
TUESDAY CLOSE
Pstock #s in %)
Market up 100/27/14. Volume normal. Oil: WTI over $95, Brent over $101. NG $3.68. US Army to cut 12 combat brigades by '17. Hoo-wah. Come on Russia, China.
ONYX up 1900 on 5K shares. Huh. EWRL up 56 on good volume. ASPW up 53 on 6K shares. WTWO up 50 on nominal volume. CSGH up 22 on 10K. ECOS up 20 in trip zeros. PSPW up 18. CHGI up 17 on 4K. HYGS, EVSI up 16. XDSL up 15. Maybe they have something. CPWY up 14. BFRE up 13. AMEL, DSTI up 11. CBAK, OPTT up 10. SCTY up 9. CERE up 7. NENE, PSON, ECTY up 3. XSNX, ZAAP up 2. LEDS, WSGP up 1.
AEHI down 50 on 500 shares. WWPW down 46 on 1K shares. BHWX down 40 on 7K. CRCL down 29. SATCQ down 28. VSPC down 17. PALAF down 15. CBWP, PTOS down 14. CABN down 12. CERP down 11. GSPI down 10. RVLT down 7. NTCXF down 1.
Market up 100/27/14. Volume normal. Oil: WTI over $95, Brent over $101. NG $3.68. US Army to cut 12 combat brigades by '17. Hoo-wah. Come on Russia, China.
ONYX up 1900 on 5K shares. Huh. EWRL up 56 on good volume. ASPW up 53 on 6K shares. WTWO up 50 on nominal volume. CSGH up 22 on 10K. ECOS up 20 in trip zeros. PSPW up 18. CHGI up 17 on 4K. HYGS, EVSI up 16. XDSL up 15. Maybe they have something. CPWY up 14. BFRE up 13. AMEL, DSTI up 11. CBAK, OPTT up 10. SCTY up 9. CERE up 7. NENE, PSON, ECTY up 3. XSNX, ZAAP up 2. LEDS, WSGP up 1.
AEHI down 50 on 500 shares. WWPW down 46 on 1K shares. BHWX down 40 on 7K. CRCL down 29. SATCQ down 28. VSPC down 17. PALAF down 15. CBWP, PTOS down 14. CABN down 12. CERP down 11. GSPI down 10. RVLT down 7. NTCXF down 1.
STUFF
POTUS Obama proposing limits on GHG emissions from existing power plants, new plants. Also proposing new fuel efficiency standards for heavy-duty trucks, new efficiency targets for appliances, buildings. Also to commit $7B for international climate mitigation, adaptation. Also $8B in loan guarantees for innovative energy efficiency, fossil fuel projects like carbon capture/storage. Goal to bring GHG emissions 17% below '05 levels by '20.
Tenaska (Neb) canceling development of 2 coal-fired power plants. To focus on power gen from NG, clean/renewable.
GE to help China's solar industry expand, meet quality standards.
Pressure building on India to ban HFCs.
Illegal Indonesia fires causing serious health impacts in Singapore.
Australian comps complying with carbon permits for 1st time.
UK Energy Minister wants 20Gw solar by '20.
Abu Dhabi to invest $1.5B in UK's clean/renewable energy sector over next 7 yrs. Deal between UK Green Investment Bank and Masdar. Masdar already invested $500M in London Array offshore wind farm.
Study on stray gas in PA water wells "rules out biological source". Gaps, cracks in cement seals encasing wellbores suspected.
More benzene (carcinogenic) detected near Wisc oil pipeline spill.
Bankrupt EV maker now energy storage firm Coda Energy.
DOE Water Power Program requesting input from ocean power industry on improving manufacturing processes for ocean, tidal, wave power techs.
EIA admits they overestimated NG production 66% of the time, oil production 60% of the time in March '13 reassessment of '12 figures. Shale oil-gas reserves have been overestimated by up to 400-500% by operators to get more money loaned. Leases were bundled, flipped by Wall Street on unproved shale fields just like during mortgage securities bubble. (The latest game, I guess. And EIA in on it. Or scammed. Huh. I guess we'll see that implode in years (months?) ahead.)
Calgary Canada may be without power for months following flooding. 750 bl oil pipeline spill in N Alberta. "Water may have moved ground." Enbridge shut down 2 major oil pipelines that serve tar sands region as precaution. (Ironic? Deluge on tar sands region.)
Sinopec subsid buying Marathon's 10% share in Angolan offshore oil/gas field for $1.52B. Will increase Sino's share to 15%. Block 31 run by BP. Est. to hold 533M bls.
FTC opened probe of oil price-fixing. In tandem with EU probe already begun.
Coca-Cola Foundation awarded $36M of sustainability grants in Q1.
ACORE new study highlights key strategies to scale-up US clean/renewable energy industry.
Global Data: EV production to drive advanced batt market revenues to $61B by '20. $20B in '12. 73% of advanced batt mart. Lith-ion batts set to maintain market dominance with 87% of market.
POTUS Obama also pledged to end Ex-Im Bank financing of overseas coal projects except for poorest nations or for carbon capture/storage. Ex-Im financing for fossil fuel projects reached record $9.6B in FY12, almost double '11, 5x '08.
Happy trails, pards.
Tenaska (Neb) canceling development of 2 coal-fired power plants. To focus on power gen from NG, clean/renewable.
GE to help China's solar industry expand, meet quality standards.
Pressure building on India to ban HFCs.
Illegal Indonesia fires causing serious health impacts in Singapore.
Australian comps complying with carbon permits for 1st time.
UK Energy Minister wants 20Gw solar by '20.
Abu Dhabi to invest $1.5B in UK's clean/renewable energy sector over next 7 yrs. Deal between UK Green Investment Bank and Masdar. Masdar already invested $500M in London Array offshore wind farm.
Study on stray gas in PA water wells "rules out biological source". Gaps, cracks in cement seals encasing wellbores suspected.
More benzene (carcinogenic) detected near Wisc oil pipeline spill.
Bankrupt EV maker now energy storage firm Coda Energy.
DOE Water Power Program requesting input from ocean power industry on improving manufacturing processes for ocean, tidal, wave power techs.
EIA admits they overestimated NG production 66% of the time, oil production 60% of the time in March '13 reassessment of '12 figures. Shale oil-gas reserves have been overestimated by up to 400-500% by operators to get more money loaned. Leases were bundled, flipped by Wall Street on unproved shale fields just like during mortgage securities bubble. (The latest game, I guess. And EIA in on it. Or scammed. Huh. I guess we'll see that implode in years (months?) ahead.)
Calgary Canada may be without power for months following flooding. 750 bl oil pipeline spill in N Alberta. "Water may have moved ground." Enbridge shut down 2 major oil pipelines that serve tar sands region as precaution. (Ironic? Deluge on tar sands region.)
Sinopec subsid buying Marathon's 10% share in Angolan offshore oil/gas field for $1.52B. Will increase Sino's share to 15%. Block 31 run by BP. Est. to hold 533M bls.
FTC opened probe of oil price-fixing. In tandem with EU probe already begun.
Coca-Cola Foundation awarded $36M of sustainability grants in Q1.
ACORE new study highlights key strategies to scale-up US clean/renewable energy industry.
Global Data: EV production to drive advanced batt market revenues to $61B by '20. $20B in '12. 73% of advanced batt mart. Lith-ion batts set to maintain market dominance with 87% of market.
POTUS Obama also pledged to end Ex-Im Bank financing of overseas coal projects except for poorest nations or for carbon capture/storage. Ex-Im financing for fossil fuel projects reached record $9.6B in FY12, almost double '11, 5x '08.
Happy trails, pards.
TUESDAY OPEN
(stock #s in %)
Market up 129/23/15. Volume normal. Oil: WTI $95, Brent over $101. NG $3.70. US durable goods orders up 3.6%, more than forecast. US consumer confidence up more than forecast. US new home sales up more than forecast.
WTWO up 50. BFRE up 17. EVSI up 16. OPTT up 15, launch off bottom (50-day) lines. XDSL up 15. GERS up 11. AONEQ, AMPD up 10. ECTY, CERE up 3, CERE at bottom (50) lines. XSNX up 2. LEDS, PSON, EWRL up 1.
ENSL down 43. BLDW down 18. CBEH down 16. PALAF down 13. CERP down 6 on update. RVLT down 6. USEI down 2.
Market up 129/23/15. Volume normal. Oil: WTI $95, Brent over $101. NG $3.70. US durable goods orders up 3.6%, more than forecast. US consumer confidence up more than forecast. US new home sales up more than forecast.
WTWO up 50. BFRE up 17. EVSI up 16. OPTT up 15, launch off bottom (50-day) lines. XDSL up 15. GERS up 11. AONEQ, AMPD up 10. ECTY, CERE up 3, CERE at bottom (50) lines. XSNX up 2. LEDS, PSON, EWRL up 1.
ENSL down 43. BLDW down 18. CBEH down 16. PALAF down 13. CERP down 6 on update. RVLT down 6. USEI down 2.
Monday, June 24, 2013
MONDAY CLOSE
(stock #s in %)
Market down 139/36/19. Volume a little heavy. Oil: WTI $95, Brent over $101. NG $3.75.
AEHI up 100. SATCQ up 62. ENSL up 33. BSRC up 27. LEOM up 23. LMRMF up 22. KIOR up 14, back to bottom (50-day) lines. BWEN up 12, back over top (50s) lines. ASYS up 10, new high, double from late April. PALAF up 10. RVLT up 8, jump off top (50s) lines. HIIT up 7, this 10x not quitting yet. CERP up 2. PSON up 1.
BHWX down 37. EWRL down 30. CSKH down 23. CABN down 22. XDSL down 18. CERE down 17, back to bottom (50s) lines. ECOS down 16. LSCG down 14. CBAK down 13. SZYM, AMEL down 12. BFRE, USEI, HYGS down 11. BBLU, BYDDF, DSTI, LYSDY, OOIL, PRHL down 10. LEDS down 8. ECTY down 7. WSGP down 4. ZAAP down 3. NENE down 2. XSNX down 1.
Market down 139/36/19. Volume a little heavy. Oil: WTI $95, Brent over $101. NG $3.75.
AEHI up 100. SATCQ up 62. ENSL up 33. BSRC up 27. LEOM up 23. LMRMF up 22. KIOR up 14, back to bottom (50-day) lines. BWEN up 12, back over top (50s) lines. ASYS up 10, new high, double from late April. PALAF up 10. RVLT up 8, jump off top (50s) lines. HIIT up 7, this 10x not quitting yet. CERP up 2. PSON up 1.
BHWX down 37. EWRL down 30. CSKH down 23. CABN down 22. XDSL down 18. CERE down 17, back to bottom (50s) lines. ECOS down 16. LSCG down 14. CBAK down 13. SZYM, AMEL down 12. BFRE, USEI, HYGS down 11. BBLU, BYDDF, DSTI, LYSDY, OOIL, PRHL down 10. LEDS down 8. ECTY down 7. WSGP down 4. ZAAP down 3. NENE down 2. XSNX down 1.
STUFF
Nissan to have batt replacement program for Leaf.
Trans Canada says Keystone XL won't need expensive, high-tech leak detection systems. They will rely on software, flyovers, surveys. Would only pick up spills of over 12Kb/d. External leak detection could cost over $700K. EPA has recommended external leak detection.
Hanford needs massive wastewater plant to treat millions of gallons of radioactive waste leaking from 177 underground tanks. Latest tally for cleanup $115B. On top of $36B already.
16-year-old developed chem-free algae-to-fuel process ~20% more efficient than current chem-heavy processes. She took 1st place at Intel Science Fair.
GE to supply 105Mw from 62 1.7Mw wind turbines for Consumers Energy project in Mich. Online late '14.
First Energy's OH utilities to reduce customer costs $106M with securitization transaction.
US Supreme Court to hear cross-state air pollution case involving power plant emissions. Lower court ruled against.
Study: 20th Century air pollution may have reduced Atlantic hurricanes.
US pledged $35M to help poor nations prepare for extreme weather.
Costa Rica backed away from China oil refinery deal.
Frito-Lay unveiled 1st CNG fueling station for 208 of their 18-wheelers by yearend. 20% of fleet. They already have 280 short-haul el-powered box trucks. Also building 8 public CNG stations.
China, Vietnam lowering tensions over offshore oil/gas exploration differences.
China moving solar production to other countries to avoid EU tariffs. 11.8% tariffs set to jump 37-68% early Aug.
Moving oil by rail from ND to WA costs ~$10/bl. $3-4/bl more to move it by ship to Cal.
US has 1,142 coal-fired, 3,967 NG-fired power plants to be subject to new limitations on emissions to be announced this week. Coal plants cut emissions 13% '05-'13. But up 7.1% in Q1 from switch back to coal by utilities because of higher NG prices.
Saudi Arabia surpassing Germany in oil consumption with less than 1/3 Germany's population.
Key Nigeria oil pipeline operated by Shell subsid caught fire after spill. JV led by Shell to invest $1.5B on new pipeline to reduce oil theft.
Statoil made big discovery of light crude off Newfoundland.
China National Petrol started building country's 1st shale gas pipeline in Sichuan.
Indonesia to hike gasoline prices 44%, diesel 22%.
Shutdown of 20 reactors globally since Fukushima, most in 3-yr span since Chernobyl, saddles industry with up to $26B in costs.
Exxon seeking permission to export 30M metric tons/yr LNG from Brit Columbia.
Australia Climate Commission calling for 80% of global fossil fuel reserves left to stay in ground to avoid climate change. (All who think that will happen raise your hand.) Global emissions rising ~3%/yr.
US fed fuel excise tax not changed in 20 yrs. 18.4 cents/gal. Value has fallen 40% from inflation. (Have state fuel taxes gone up?)
BP scaling back EU biofuels efforts amidst policy uncertainty.
Novamont (Italy) unveiled 1st product made from 4th gen family of biodegradable, compostable bioplastics.
Uganda says it could start producing commercial oil by '16. Now imports all its fuel. Oil discovered there in '06.
Oregon State U study: in some cases, cumulative damage from many small dams on habitat, biodiversity far more damaging than large-scale dams.
Indonesia, Chile to build 10-100Mw thorium nuke plants made by Thorium Power Canada.
El Paso El christened $95M, 90Mw NG generation unit at its oldest power plant. Can reach full power cap in 10 minutes.
Australia's biggest concentrating solar PV project completed. 1.5Mw. Part of plans to develop 1 of world's largest at site - 100Mw.
US Supreme Court left intact EPA rules allowing higher concentrations - 15% - of corn-based ethanol in gasoline. Let stand appeals court ruling saying trade groups representing grocery, oil, auto industries lacked legal standing. Hadn't shown their members would be injured.
India plans to revive tax breaks for wind farms, raise subsidy.
KDDI to build 3 solar plants in Japan, 8.8Mw total.
Nereus Capital Mgmt raised $140M with $40M credit guarantee from US Agency for Intl Development for India clean energy fund.
K Road Power canceled plans to build 294Mw solar plant in Cal. "Changed market conditions."
Pension funds prepare to boost investment in clean energy.
Enel Green Power secured $100M loan for Mexico project.
SAISC secured $8M loan for 35Mw Ecuador biomass power plant expansion.
DOE opened up performance data on 60K buildings.
XSNX reported 16.4% CIG solar performance.
New Duke study bolsters finding of groundwater contamination from drilling in Marcellus.
Propane group donated lawn mowers to National Mall.
Trans Canada says Keystone XL won't need expensive, high-tech leak detection systems. They will rely on software, flyovers, surveys. Would only pick up spills of over 12Kb/d. External leak detection could cost over $700K. EPA has recommended external leak detection.
Hanford needs massive wastewater plant to treat millions of gallons of radioactive waste leaking from 177 underground tanks. Latest tally for cleanup $115B. On top of $36B already.
16-year-old developed chem-free algae-to-fuel process ~20% more efficient than current chem-heavy processes. She took 1st place at Intel Science Fair.
GE to supply 105Mw from 62 1.7Mw wind turbines for Consumers Energy project in Mich. Online late '14.
First Energy's OH utilities to reduce customer costs $106M with securitization transaction.
US Supreme Court to hear cross-state air pollution case involving power plant emissions. Lower court ruled against.
Study: 20th Century air pollution may have reduced Atlantic hurricanes.
US pledged $35M to help poor nations prepare for extreme weather.
Costa Rica backed away from China oil refinery deal.
Frito-Lay unveiled 1st CNG fueling station for 208 of their 18-wheelers by yearend. 20% of fleet. They already have 280 short-haul el-powered box trucks. Also building 8 public CNG stations.
China, Vietnam lowering tensions over offshore oil/gas exploration differences.
China moving solar production to other countries to avoid EU tariffs. 11.8% tariffs set to jump 37-68% early Aug.
Moving oil by rail from ND to WA costs ~$10/bl. $3-4/bl more to move it by ship to Cal.
US has 1,142 coal-fired, 3,967 NG-fired power plants to be subject to new limitations on emissions to be announced this week. Coal plants cut emissions 13% '05-'13. But up 7.1% in Q1 from switch back to coal by utilities because of higher NG prices.
Saudi Arabia surpassing Germany in oil consumption with less than 1/3 Germany's population.
Key Nigeria oil pipeline operated by Shell subsid caught fire after spill. JV led by Shell to invest $1.5B on new pipeline to reduce oil theft.
Statoil made big discovery of light crude off Newfoundland.
China National Petrol started building country's 1st shale gas pipeline in Sichuan.
Indonesia to hike gasoline prices 44%, diesel 22%.
Shutdown of 20 reactors globally since Fukushima, most in 3-yr span since Chernobyl, saddles industry with up to $26B in costs.
Exxon seeking permission to export 30M metric tons/yr LNG from Brit Columbia.
Australia Climate Commission calling for 80% of global fossil fuel reserves left to stay in ground to avoid climate change. (All who think that will happen raise your hand.) Global emissions rising ~3%/yr.
US fed fuel excise tax not changed in 20 yrs. 18.4 cents/gal. Value has fallen 40% from inflation. (Have state fuel taxes gone up?)
BP scaling back EU biofuels efforts amidst policy uncertainty.
Novamont (Italy) unveiled 1st product made from 4th gen family of biodegradable, compostable bioplastics.
Uganda says it could start producing commercial oil by '16. Now imports all its fuel. Oil discovered there in '06.
Oregon State U study: in some cases, cumulative damage from many small dams on habitat, biodiversity far more damaging than large-scale dams.
Indonesia, Chile to build 10-100Mw thorium nuke plants made by Thorium Power Canada.
El Paso El christened $95M, 90Mw NG generation unit at its oldest power plant. Can reach full power cap in 10 minutes.
Australia's biggest concentrating solar PV project completed. 1.5Mw. Part of plans to develop 1 of world's largest at site - 100Mw.
US Supreme Court left intact EPA rules allowing higher concentrations - 15% - of corn-based ethanol in gasoline. Let stand appeals court ruling saying trade groups representing grocery, oil, auto industries lacked legal standing. Hadn't shown their members would be injured.
India plans to revive tax breaks for wind farms, raise subsidy.
KDDI to build 3 solar plants in Japan, 8.8Mw total.
Nereus Capital Mgmt raised $140M with $40M credit guarantee from US Agency for Intl Development for India clean energy fund.
K Road Power canceled plans to build 294Mw solar plant in Cal. "Changed market conditions."
Pension funds prepare to boost investment in clean energy.
Enel Green Power secured $100M loan for Mexico project.
SAISC secured $8M loan for 35Mw Ecuador biomass power plant expansion.
DOE opened up performance data on 60K buildings.
XSNX reported 16.4% CIG solar performance.
New Duke study bolsters finding of groundwater contamination from drilling in Marcellus.
Propane group donated lawn mowers to National Mall.
MONDAY OPEN
(stock #s in %)
Market down 202/50/25. Volume slightly heavy. Oil: WTI under $94, Brent ~$100. NG $3.79. People's Bank of China warns on no help in case of liquidity crisis. China entered bear market.
LMRMF up 34. LEOM up 23. IFXY up 20. GERS up 11. CERP up 4. RVLT, PSON up 2. FSLR up 1 on upgrade.
XIDEQ down 27. CRCL down 28. CSKH down 23. EWRL down 21. SZYM down 16 on news, back to top (50-day) lines. HYGS, LSCG down 14, HYGS back to top (50) line. XSNX, BYDDF down 11, BYDDF under 50s, back to top 200-day line (the China Bank thingy). ECTY down 11, under 50s. LEDS down 10, under top 200, at 50s. CABN, LYSDY, DSTI down 10. CERE down 8, back to top (bottom) 50. WSGP down 7. NENE down 2.
Market down 202/50/25. Volume slightly heavy. Oil: WTI under $94, Brent ~$100. NG $3.79. People's Bank of China warns on no help in case of liquidity crisis. China entered bear market.
LMRMF up 34. LEOM up 23. IFXY up 20. GERS up 11. CERP up 4. RVLT, PSON up 2. FSLR up 1 on upgrade.
XIDEQ down 27. CRCL down 28. CSKH down 23. EWRL down 21. SZYM down 16 on news, back to top (50-day) lines. HYGS, LSCG down 14, HYGS back to top (50) line. XSNX, BYDDF down 11, BYDDF under 50s, back to top 200-day line (the China Bank thingy). ECTY down 11, under 50s. LEDS down 10, under top 200, at 50s. CABN, LYSDY, DSTI down 10. CERE down 8, back to top (bottom) 50. WSGP down 7. NENE down 2.
Saturday, June 22, 2013
FRIDAY CLOSE
(stock #s in %)
Dow up 41, Naz down 7, S&P up 4. Naz volume over 2x normal - options Friday.
BHWX up 166. VSPC up 27, back over bottom (200-day) lines. BFRE up 22. BSRC up 21, back over bottom (50-day) lines. PRHL up 18, over bottom (50-day) lines. CPWY up 16. PSON, EWRL up 15. GWBU up 14. LSCG up 13. CRCL up 11. CGYV, EVSI, QTMM, STRI up 10. ECTY, LEDS up 3.
WTWO down 50. ASIUF down 33. SOPW down 25. VLNCQ down 24. XIDE down 20. LEOM, LMRMF down 19. CHGI, NPWZ down 13. CLNT, CSGH, LEXG,ORYN down 12. HIIT, AMTX, MKTY, USEI down 10. RVLT down 7. CERP, NTCXF, XSNX down 4. NENE down 3.
Dow up 41, Naz down 7, S&P up 4. Naz volume over 2x normal - options Friday.
BHWX up 166. VSPC up 27, back over bottom (200-day) lines. BFRE up 22. BSRC up 21, back over bottom (50-day) lines. PRHL up 18, over bottom (50-day) lines. CPWY up 16. PSON, EWRL up 15. GWBU up 14. LSCG up 13. CRCL up 11. CGYV, EVSI, QTMM, STRI up 10. ECTY, LEDS up 3.
WTWO down 50. ASIUF down 33. SOPW down 25. VLNCQ down 24. XIDE down 20. LEOM, LMRMF down 19. CHGI, NPWZ down 13. CLNT, CSGH, LEXG,ORYN down 12. HIIT, AMTX, MKTY, USEI down 10. RVLT down 7. CERP, NTCXF, XSNX down 4. NENE down 3.
Friday, June 21, 2013
STUFF
FERC criticized by senator for rejecting proposal that would have made it voluntary for utilities in Pacific NW to pay for regional transmission projects.
NRC study: energy tax provisions have little real effect on GHG emissions.
DOE launched facility for testing utility-scale grid integration for intermittent clean energy.
Tesla (TSLA) offering option of 90-second batt swap for S.
NOAA: May tied for 3rd warmest in recorded world history.
Drought shifting to 4 Corners region in US.
Chinese city to cut pollution by limiting vehicle sales.
EPA abandoned investigation of groundwater contamination near oil/gas ops in WY. '11 draft report linked fracking to contaminated groundwater. State will carry on investigation with help of $1.5M grant from comp accused of contamination.
IEA: NG still "stubbornly resistant to globalization".
USGS finding natural methane in PA water.
IEA official urging efficiency push in energy sectors. (Just start with flaring.)
Alberta suffered 3 oil pipeline spills already in June.
Report: adjusting US fed oil/gas royalty rates to mirror state rates would raise millions.
Israel unveiled NG export policy.
Wind, solar capacity up 125% in Ukraine 1st 4 months this year. Solar FIT 2x last year's. Solar generation up 11x in '12 v. '11. Solar capacity 470Mw, 70 added this year. Wind capacity 350Mw, up 50Mw this year. Small hydropower capacity in '12 rose from 2.7Mw to 73. 780Gwh from clean energy in '12, .4% of country's energy mix.
Geothermal Power Tanzania investing up to $350M for country's 1st geothermal plant, up to 140Mw, by '18. Rift Valley fault. Country wants to wean off hydropower dependence with looming droughts from climate change.
Indonesia started $300M fund to back geothermal power exploration. Country now has 1.3Gw of geo capacity. Potential for 29Gw.
Danish pension fund pledged to invest $200M in Cape Wind (US) project conditional on obtaining full finance, begin build by year end.
IL adopted US' strictest fracking regs to date. Comps must detail how wells to be drilled, amount of fluid to be used, at what pressure, how comps will withdraw water, contain waste, disclose chems used before and after use. Folks can force state investigations. Also mandates continual groundwater testing.
Promethean Biofuels, US Energy Initiatives (USEI) agreement to expand Promethean's biodiesel production to 3M gal/yr capacity by next month. Comps will split $6M/y revs. USEI's 1st expansion into fuel production. Plans many more before year end. USEI down 30% at noon today, down 4% at 2:30.
Red Rock Biofuels got $4.1M US military contract to produce fuels. Military hopes fuels to cost under $4/gal by '16. Red Rock matching with $5M.
Amyris (AMRS)/Total successfull demo flight of bio avfuel with Airbus at Paris Air Show.
ABF Economics study says no direct connect between RFS (US), food prices. Found rate of food price infaltion decreased since '07 - when RFS last devised.
US House rejected Farm Bill. Trouble with food stamps, nutrition programs.
IEA: NG demand set to grow more slowly until '18. Europe demand weak, Mideast probs, Africa upstream production growth. 2.4%/y demand growth next 5 yrs. Last yr's forecast 2.7%. NG global use in road transport to rise to 98BCM (billion cubic meters)/y by '18. Total demand to increase to almost 4TCM.
Steelmakers taking advantage of cheap NG in US. Direct Reduced Iron process avoids need for coking coal, added to scrap to make steel.
EIA: global shale oil potential 345B bls oil, 7.2QCF (quadrillion cubic feet) NG.
Russia, China $60B oil deal. Russia oil to China via new pipeline.
U of MD researchers created long-lasting, efficient, enviro friendly rechargable batt from wood splinters 1K x thinner than piece of paper, covered in tin. Add sodium. Potential for large scale.
BP to reduce Iraq production target over 1Mb/d. Baghdad reduced production targets to ensure reserves last longer. 12Mb/d by '17 reduced to 9M.
Maine gov vetoed energy bill. House overrode. To senate it goed. Aims to expand New England NG infra with $75M for new pipeline capacity, boost energy efficiency funds.
EDF Canada dedicated 150Mw Quebec wind farm. $340M. 75 REpower turbines. EDF to build 1Gw wind in province next 3 yrs.
Enel Green Power, 40 South Energy (UK) to install 150Kw wave energy machine off Tuscany. Over $793M invested in wave/tidal energy development in Europe last 7 yrs.
Samsung reduced Ontario clean energy pledge $1.9B. Reduced from C$7B in '10 to develop 2.5Gw wind, solar. Now over 1.3Gw target by '16.
Solar REITs unlikely to win favorable IRS ruling.
Dozens of wild fires now burning up CO, AZ, NM.
Houston to buy 1/2 of el from clean sources.
FBI investigating genmod sugar beet destruction.
NYC taxi commission adopted hybrid rule.
Contract breach halted China-funded refinery project in Costa Rica.
Gazprom moving to buy Belgian power plant.
Small solar producers struggling after Spain slashed subsidies.
Happy weekend trails, pards.
NRC study: energy tax provisions have little real effect on GHG emissions.
DOE launched facility for testing utility-scale grid integration for intermittent clean energy.
Tesla (TSLA) offering option of 90-second batt swap for S.
NOAA: May tied for 3rd warmest in recorded world history.
Drought shifting to 4 Corners region in US.
Chinese city to cut pollution by limiting vehicle sales.
EPA abandoned investigation of groundwater contamination near oil/gas ops in WY. '11 draft report linked fracking to contaminated groundwater. State will carry on investigation with help of $1.5M grant from comp accused of contamination.
IEA: NG still "stubbornly resistant to globalization".
USGS finding natural methane in PA water.
IEA official urging efficiency push in energy sectors. (Just start with flaring.)
Alberta suffered 3 oil pipeline spills already in June.
Report: adjusting US fed oil/gas royalty rates to mirror state rates would raise millions.
Israel unveiled NG export policy.
Wind, solar capacity up 125% in Ukraine 1st 4 months this year. Solar FIT 2x last year's. Solar generation up 11x in '12 v. '11. Solar capacity 470Mw, 70 added this year. Wind capacity 350Mw, up 50Mw this year. Small hydropower capacity in '12 rose from 2.7Mw to 73. 780Gwh from clean energy in '12, .4% of country's energy mix.
Geothermal Power Tanzania investing up to $350M for country's 1st geothermal plant, up to 140Mw, by '18. Rift Valley fault. Country wants to wean off hydropower dependence with looming droughts from climate change.
Indonesia started $300M fund to back geothermal power exploration. Country now has 1.3Gw of geo capacity. Potential for 29Gw.
Danish pension fund pledged to invest $200M in Cape Wind (US) project conditional on obtaining full finance, begin build by year end.
IL adopted US' strictest fracking regs to date. Comps must detail how wells to be drilled, amount of fluid to be used, at what pressure, how comps will withdraw water, contain waste, disclose chems used before and after use. Folks can force state investigations. Also mandates continual groundwater testing.
Promethean Biofuels, US Energy Initiatives (USEI) agreement to expand Promethean's biodiesel production to 3M gal/yr capacity by next month. Comps will split $6M/y revs. USEI's 1st expansion into fuel production. Plans many more before year end. USEI down 30% at noon today, down 4% at 2:30.
Red Rock Biofuels got $4.1M US military contract to produce fuels. Military hopes fuels to cost under $4/gal by '16. Red Rock matching with $5M.
Amyris (AMRS)/Total successfull demo flight of bio avfuel with Airbus at Paris Air Show.
ABF Economics study says no direct connect between RFS (US), food prices. Found rate of food price infaltion decreased since '07 - when RFS last devised.
US House rejected Farm Bill. Trouble with food stamps, nutrition programs.
IEA: NG demand set to grow more slowly until '18. Europe demand weak, Mideast probs, Africa upstream production growth. 2.4%/y demand growth next 5 yrs. Last yr's forecast 2.7%. NG global use in road transport to rise to 98BCM (billion cubic meters)/y by '18. Total demand to increase to almost 4TCM.
Steelmakers taking advantage of cheap NG in US. Direct Reduced Iron process avoids need for coking coal, added to scrap to make steel.
EIA: global shale oil potential 345B bls oil, 7.2QCF (quadrillion cubic feet) NG.
Russia, China $60B oil deal. Russia oil to China via new pipeline.
U of MD researchers created long-lasting, efficient, enviro friendly rechargable batt from wood splinters 1K x thinner than piece of paper, covered in tin. Add sodium. Potential for large scale.
BP to reduce Iraq production target over 1Mb/d. Baghdad reduced production targets to ensure reserves last longer. 12Mb/d by '17 reduced to 9M.
Maine gov vetoed energy bill. House overrode. To senate it goed. Aims to expand New England NG infra with $75M for new pipeline capacity, boost energy efficiency funds.
EDF Canada dedicated 150Mw Quebec wind farm. $340M. 75 REpower turbines. EDF to build 1Gw wind in province next 3 yrs.
Enel Green Power, 40 South Energy (UK) to install 150Kw wave energy machine off Tuscany. Over $793M invested in wave/tidal energy development in Europe last 7 yrs.
Samsung reduced Ontario clean energy pledge $1.9B. Reduced from C$7B in '10 to develop 2.5Gw wind, solar. Now over 1.3Gw target by '16.
Solar REITs unlikely to win favorable IRS ruling.
Dozens of wild fires now burning up CO, AZ, NM.
Houston to buy 1/2 of el from clean sources.
FBI investigating genmod sugar beet destruction.
NYC taxi commission adopted hybrid rule.
Contract breach halted China-funded refinery project in Costa Rica.
Gazprom moving to buy Belgian power plant.
Small solar producers struggling after Spain slashed subsidies.
Happy weekend trails, pards.
FRIDAY OPEN
(stock #s in %)
Market down 26/27/6. Naz volume 4x normal (options Friday). Oil: WTO ~$95, Brent under $102. NG $3.86.
BHWX jumped back up 166. BSRC up 20 on 5K shares, over bottom (50-day) lines. LSCG up 15 in little rebound from bottom. VSPC up 13. EFOI up 11, still heading back to top lines. CDTI up 10, over bottom (50-day) lines. NFEC up 10. LEDS up 4, rebound off top (200-day) line. PSON up 2, the plunge stabilized just under bottom (200) lines. NENE, ECTY, WSGP up 1. NENE under top (50) lines, ECTY in theirs.
WTWO down 50 on nominal volume. VLNCQ down 41. USEI down 36. CGYV down 18. BLDW down 17. SWET down 16. CLNT down 12 on news, back in top (50) lines. NPWZ down 10. RVLT down 6, back near top (50) lines. XSNX, EWRL down 3. NTCXF down 2. HIIT, CERE down 1.
Market down 26/27/6. Naz volume 4x normal (options Friday). Oil: WTO ~$95, Brent under $102. NG $3.86.
BHWX jumped back up 166. BSRC up 20 on 5K shares, over bottom (50-day) lines. LSCG up 15 in little rebound from bottom. VSPC up 13. EFOI up 11, still heading back to top lines. CDTI up 10, over bottom (50-day) lines. NFEC up 10. LEDS up 4, rebound off top (200-day) line. PSON up 2, the plunge stabilized just under bottom (200) lines. NENE, ECTY, WSGP up 1. NENE under top (50) lines, ECTY in theirs.
WTWO down 50 on nominal volume. VLNCQ down 41. USEI down 36. CGYV down 18. BLDW down 17. SWET down 16. CLNT down 12 on news, back in top (50) lines. NPWZ down 10. RVLT down 6, back near top (50) lines. XSNX, EWRL down 3. NTCXF down 2. HIIT, CERE down 1.
Thursday, June 20, 2013
THURSDAY CLOSE
(stock #s in %)
Market down 353/78/40.
MKTY up 42. BOPO, ECOS up 20. ASYS up 12, new high. CRCL up 12. GSPI up 11. AMPD, XIDE up 10. WSGP up 4.
BHWX down 62. MGLT down 38. PPRW down 25. LSCG down 22. EWRL, IFXY down 21. NFEC down 17. USEI down 16. EVSI, GERS, SRWRF down 14. PSON, GWBU down 13. FCEL, EFOI, VSPC down 12. ECTY, CABN, XDSL down 11. CSUN down 10. XSNX down 8. NENE down 6. CERE, LEDS down 5. RVLT down 4. CERP down 1.
Market down 353/78/40.
MKTY up 42. BOPO, ECOS up 20. ASYS up 12, new high. CRCL up 12. GSPI up 11. AMPD, XIDE up 10. WSGP up 4.
BHWX down 62. MGLT down 38. PPRW down 25. LSCG down 22. EWRL, IFXY down 21. NFEC down 17. USEI down 16. EVSI, GERS, SRWRF down 14. PSON, GWBU down 13. FCEL, EFOI, VSPC down 12. ECTY, CABN, XDSL down 11. CSUN down 10. XSNX down 8. NENE down 6. CERE, LEDS down 5. RVLT down 4. CERP down 1.
STUFF
Heat wave in Alaska. Mid-'90's.
$100K of LED bulbs stolen in Chile.
Study: tech exists to mimimize NG drilling impact, but seldom used.
EIA: US set record for coal exports in March.
Silevo planning 200Mw solar module factory in US.
Moscow says Iran ready to stop enriching uranium above 20% in return for easing of sanctions, recognition of inherent right to enrich.
Turk firm to develop 6 oil/gas blocks in Kurd Iraq ... Total bought majority stake in Kurdistan exploration block ... Libya reporting oil production back to 1.3Mb/d.
Kurdistan oil pipeline to Turkey should be completed by Oct. Kurd production now ~300Kb/d.
E20 takes value crown v. gasoline, E10. (If the vehicle can run on it without damage.)
Siemens, Lanza Tech 10-yr collab on enviro solutions for steel industry. Ground-breaking fermentation to transform carbon-rich off-gases into low carbon bioethanol, other chems. Iron, steel industry contribs 6.7% of world CO2 emissions. Avg. 1.8 met tons CO2 emiss making 1 met ton of steel. Gases now flared or used for process heat, el in plant.
US House Appropriations Committee bill cut DOE clean/renewable funding 39%.
Consumption of all forms of fossil energy up 1.8% in '12. 10-yr avg. 2.6% increase. Coal remained fastest growing fossil fuel used, China using half. China, India near 90% of net increase in global energy use. Global nuke power output largest decline ever. (Japan, probably.)
Angola target 2Mb/d oil production by '14. Intends to process 5.2M tons LNG/yr, plus propane, butane, condensed gases. Soyo plant partnered with Chevron, BP, ENI, Total. Proven NG reserves near 11TCF.
Number of oil spills in Houston region down, but still near 2/day. In '90's, 3-8.
Beacon (BCON) out of bankruptcy. To install 1st storage device at pending PA project. 20Mw facility to sell its power to PJM grid (13 mid-Atlantic states). 4Mw initially, 20 by 2Q14.
Dominion VA Power starts online aps tomorrow for Solar Purchase Program. To help eligible customers offset cost of adding solar to homes, properties. Limit total 3Mw. 15 cents/Kwh.
Walgreens to expand solar installs to 200 more stores with SoCore Energy. Will bring total to over 350. (Building new store 2 blocks from present store in my neighborhood.)
TX gov signed new energy efficient combined heat/power policy. NG used. Emits 65% less GHG than coal. Doesn't use water, energy produced and used where needed, no power loss from transmission or distribution.
Canada VC comp to invest C$100M in energy, clean tech comps in Canada. "Capital efficient ventures ... So much low-hanging fruit in energy efficiency."
Vestas got 51Mw wind turbine order from Swede paper mill. 3Mw turbines. Next year buildout.
Primus to supply batts for energy storage test in NW US. Install next year. 500Kwh total. 4 hours of storage. Flow batts, liquid electrolyte cycled through reaction chamber. $2.87M project. BPA providing near $1M.
Negev Energy, partners to build, op 121 solar plant in S Israel. Online 2H17. .76 Shekel/Kwh. $1.1B. (Near $10/w?! Boondoggleville.) Israel installed 41Mw solar last year, increasing capacity to ~226Mw. Wants 10% clean/renewable power by '20.
Tata (India) won over IBM, Dell with solar cheaper than grid.
BP defending renewable fuel mandate other oil comps oppose. BP, Du Pont set to start producing new alt fuel by year end. (Butamax Advanced Biofuels.)
Honda to launch hybrid Accord in US in Oct.
Asian investors emerging as key finance source for African clean energy projects.
Solairedirect closed finance for 99Mw PV solar portfolio.
New round of China, EU solar dumping talks bumped up to top-level officials. Maybe 70% chance of successful resolution.
Report: US tax code a wash on curbing carbon.
NMFS: 1/4 of US bluefin tuna quota thrown back into ocean dead. (What the hell is up with that?!)
Hong Kong's pink dolphins facing dwindling numbers.
Prosecutors rolled out new indictments in BP Gulf of Mex spill.
FERC approved Entergy sale of high-volt lines to ITC.
Cow innards seen as key to more efficient, less expensive ethanol refining.
Norway OK'd oil exploration at Arctic edge.
Chinese restrictions on foreign trash riling US recyclers.
Major polluters could face death penalty under new China rules. (Dam. Maybe we should try that.)
EU Committee supports broad ban on global warming gas.
Russia officials postponing tougher emission standards for yachts. (Maybe yacht owners would face death penalty in China.)
Happier trails, pards.
$100K of LED bulbs stolen in Chile.
Study: tech exists to mimimize NG drilling impact, but seldom used.
EIA: US set record for coal exports in March.
Silevo planning 200Mw solar module factory in US.
Moscow says Iran ready to stop enriching uranium above 20% in return for easing of sanctions, recognition of inherent right to enrich.
Turk firm to develop 6 oil/gas blocks in Kurd Iraq ... Total bought majority stake in Kurdistan exploration block ... Libya reporting oil production back to 1.3Mb/d.
Kurdistan oil pipeline to Turkey should be completed by Oct. Kurd production now ~300Kb/d.
E20 takes value crown v. gasoline, E10. (If the vehicle can run on it without damage.)
Siemens, Lanza Tech 10-yr collab on enviro solutions for steel industry. Ground-breaking fermentation to transform carbon-rich off-gases into low carbon bioethanol, other chems. Iron, steel industry contribs 6.7% of world CO2 emissions. Avg. 1.8 met tons CO2 emiss making 1 met ton of steel. Gases now flared or used for process heat, el in plant.
US House Appropriations Committee bill cut DOE clean/renewable funding 39%.
Consumption of all forms of fossil energy up 1.8% in '12. 10-yr avg. 2.6% increase. Coal remained fastest growing fossil fuel used, China using half. China, India near 90% of net increase in global energy use. Global nuke power output largest decline ever. (Japan, probably.)
Angola target 2Mb/d oil production by '14. Intends to process 5.2M tons LNG/yr, plus propane, butane, condensed gases. Soyo plant partnered with Chevron, BP, ENI, Total. Proven NG reserves near 11TCF.
Number of oil spills in Houston region down, but still near 2/day. In '90's, 3-8.
Beacon (BCON) out of bankruptcy. To install 1st storage device at pending PA project. 20Mw facility to sell its power to PJM grid (13 mid-Atlantic states). 4Mw initially, 20 by 2Q14.
Dominion VA Power starts online aps tomorrow for Solar Purchase Program. To help eligible customers offset cost of adding solar to homes, properties. Limit total 3Mw. 15 cents/Kwh.
Walgreens to expand solar installs to 200 more stores with SoCore Energy. Will bring total to over 350. (Building new store 2 blocks from present store in my neighborhood.)
TX gov signed new energy efficient combined heat/power policy. NG used. Emits 65% less GHG than coal. Doesn't use water, energy produced and used where needed, no power loss from transmission or distribution.
Canada VC comp to invest C$100M in energy, clean tech comps in Canada. "Capital efficient ventures ... So much low-hanging fruit in energy efficiency."
Vestas got 51Mw wind turbine order from Swede paper mill. 3Mw turbines. Next year buildout.
Primus to supply batts for energy storage test in NW US. Install next year. 500Kwh total. 4 hours of storage. Flow batts, liquid electrolyte cycled through reaction chamber. $2.87M project. BPA providing near $1M.
Negev Energy, partners to build, op 121 solar plant in S Israel. Online 2H17. .76 Shekel/Kwh. $1.1B. (Near $10/w?! Boondoggleville.) Israel installed 41Mw solar last year, increasing capacity to ~226Mw. Wants 10% clean/renewable power by '20.
Tata (India) won over IBM, Dell with solar cheaper than grid.
BP defending renewable fuel mandate other oil comps oppose. BP, Du Pont set to start producing new alt fuel by year end. (Butamax Advanced Biofuels.)
Honda to launch hybrid Accord in US in Oct.
Asian investors emerging as key finance source for African clean energy projects.
Solairedirect closed finance for 99Mw PV solar portfolio.
New round of China, EU solar dumping talks bumped up to top-level officials. Maybe 70% chance of successful resolution.
Report: US tax code a wash on curbing carbon.
NMFS: 1/4 of US bluefin tuna quota thrown back into ocean dead. (What the hell is up with that?!)
Hong Kong's pink dolphins facing dwindling numbers.
Prosecutors rolled out new indictments in BP Gulf of Mex spill.
FERC approved Entergy sale of high-volt lines to ITC.
Cow innards seen as key to more efficient, less expensive ethanol refining.
Norway OK'd oil exploration at Arctic edge.
Chinese restrictions on foreign trash riling US recyclers.
Major polluters could face death penalty under new China rules. (Dam. Maybe we should try that.)
EU Committee supports broad ban on global warming gas.
Russia officials postponing tougher emission standards for yachts. (Maybe yacht owners would face death penalty in China.)
Happier trails, pards.
THURSDAY OPEN
(stock #s in %)
Market down 240/55/28. Volume slightly heavy. Dow, S&P below 50-day lines, Naz at. Options Friday tomorrow. Oil: WTI under $97, Brent over $104. NG $3.89. China manufacturing shrinking faster this month, factory activity at 9-month low.
CRCL up 20.
IFXY down 21. PSON down 19 more, day 3 of plunge. BLDW down 17. AMEL, EVSI, SRWRF down 14. FCEL down 12 on financial news. GWBU, XDSL down 11. USEI down 8. LEDS, WSGP, ECTY down 5. RVLT down 4. NENE down 3. NTCXF, XSNX, EWRL, CERE down 2.
Market down 240/55/28. Volume slightly heavy. Dow, S&P below 50-day lines, Naz at. Options Friday tomorrow. Oil: WTI under $97, Brent over $104. NG $3.89. China manufacturing shrinking faster this month, factory activity at 9-month low.
CRCL up 20.
IFXY down 21. PSON down 19 more, day 3 of plunge. BLDW down 17. AMEL, EVSI, SRWRF down 14. FCEL down 12 on financial news. GWBU, XDSL down 11. USEI down 8. LEDS, WSGP, ECTY down 5. RVLT down 4. NENE down 3. NTCXF, XSNX, EWRL, CERE down 2.
Wednesday, June 19, 2013
WEDNESDAY CLOSE
(stock #s in %)
Market down 206/38/22. Volume normal. Oil: WTI under $98, Brent under $106. NG $3.94. Americans more educated, healthier, poorer. Dollar rally. Oops, he said reduction in stimulus could occur this year if econ continues to improve. (Econ is not improving.) Hint: easing to end around mid '14. $70M IRS bonuses. Huh. And Obama flubbed at Brandenburg. New normal.
ASIUF up 71. PTOS up 34. WTWO up 33. AMEL up 25. GERS up 23. BLDW, SOPW up 20. TMEN up 17. EVSI up 16. CSGH up 15. CBEH up 9. HIIT up 7. EWRL up 6. XSNX up 3.
USEI down 29 on huge volume. WSGP down 21. PSON down 19, came back 30% intraday. PSPW down 16. XIDE down 16. MKTY down 11. ECTY down 3. NTCXF, RVLT down 2. CERP, CERE down 1.
Market down 206/38/22. Volume normal. Oil: WTI under $98, Brent under $106. NG $3.94. Americans more educated, healthier, poorer. Dollar rally. Oops, he said reduction in stimulus could occur this year if econ continues to improve. (Econ is not improving.) Hint: easing to end around mid '14. $70M IRS bonuses. Huh. And Obama flubbed at Brandenburg. New normal.
ASIUF up 71. PTOS up 34. WTWO up 33. AMEL up 25. GERS up 23. BLDW, SOPW up 20. TMEN up 17. EVSI up 16. CSGH up 15. CBEH up 9. HIIT up 7. EWRL up 6. XSNX up 3.
USEI down 29 on huge volume. WSGP down 21. PSON down 19, came back 30% intraday. PSPW down 16. XIDE down 16. MKTY down 11. ECTY down 3. NTCXF, RVLT down 2. CERP, CERE down 1.
STUFF
US creates ~3K new regs/yr. (And we read them all.)
Fed staying course, market down. Go fig.
China started 1st pilot carbon emissions exchange in Shenzhen. Plans for nationwide rollout. Efforts to apply to some heavy industries could be undermined by econ slowdown. 6 other pilot exchanges to be started this year or next. China total CO2 emissions ~8B tons last year.
European utilities need to spend a combined 1T Euro on power plants, grids, NG storage, other energy infra by end of decade just to maintain current levels of NG, power supply. But utilities' combined net debt up almost 5x to ~$400B over last decade (much on acquisitions before '08 crash).
UN committee ruled Great Barrier Reef will get threatened ecosystem designation next year if Australia doesn't take steps to protect it.
Report: US comps that commit to cutting carbon emissions 3%/yr thru '20 could reap up to total $190B from reduced power bills, increased productivity, innovation.
World Bank study predicts famine, poverty from uncontrolled climate change ... research shows UK facing soggy summers from climate change ... report: climate change threat of century for N Am's migratory birds.
Cal Air Board partnering with China province to share cap-and-trade strategies.
Colo driller agreed to higher fine for spill because "it's appropriate". (Way to go, driller.)
New state fracking bill on books in IL. Colleges preparing for shale development.
Trans Canada leaving out leak detectors for Keystone pipeline. (Really. Think that's going to fly?)
NG flaring increasing in Alberta amid lax regulation.
Rapid growth of solar in Mass has flooded market with special creds used for finance. Driving down prices. Gov trying to siphon off some of excess supply to get market back to equilibrium. State may buy $8-11M worth and hold auction next month.
Qatar Solar Tech plans to acquire 30% stake in Solar World (SRWRF). $47M of shares plus convertible bond for up to 200M Euro total. To help finance restructuring. SRWRF surged yesterday.
Calysta Energy, NatureWorks announced collab to R&D production process for fermenting methane into lactic acid, lactide intermediates, polymers.
Gasrec teaming with Volvo Trucks to increase availability of fuel, promote use of NGV's in UK. Gasrec Europe's largest supplier of Bio-LNG (blend of LNG, liquid biomethane). LBM from organic matter like food waste. Bio-LNG can cut fuel costs, CO2 ~20% v. diesel. Also reduces NOx, soot. Network of fueling stations set for '15 completion.
Brazil, Indonesia targeting collab on biofuels development.
Despite the hype, US NG production flat since Jan '12. I would think from prices. But, decline rates 79-95% after 3 yrs at wells. 65K wells in 31 shale plays surveyed. US crude oil production almost flat since Oct. OH, CO plays haven't panned out. (So, what is the actual truth?)
Mexico Prez inviting foreign oil comps to come play in their fields 70 yrs after oil fields seized by Mex to create Pemex monopoly. 8 yr decline in oil production now.
Iraq loses 70% of its NG from flaring. Some 700MCF/d flared. Releases soot, gases, SO2, acid rain. (Ahem ... Bakken.) But JV formed to be world's largest flaring reduction project. Formed in '08. Still waiting for approval to start. Compressor stations a bottleneck. Some already repaired.
3 largest shipping container operators in world forming alliance. Used to be bitter rivals. (Example to apply to world peace?) To improve fuel efficiency, service, ops. 255 ships.
Rohani wants to make Iran nuke program more transparent. (Godspeed, bro. Note to world: trust but verify - could be smart ruse.)
Pike Research: energy storage to grow exponentially next 9 yrs. Trace revs in '12 to $30B by '22. 5 key elements: grid asset optimization, wind/solar integration, arbitrage, deferral of transmission/distribution capacity additions. And graphene micro supercapacitors. (UCLA.) Can charge smart phone in 1 min for scale compare.
New coal export terminals in Wash to have major econ benefits for state. Could also help region farmers exports.
Dalton GA council voted 4-0 to provide EV charger parking spaces.
Ascent Solar (ASTI) getting $6M from Asian investor. Preferred stock convertible to 7.5M common at 80 cents. ASTI also to issue 3-yr warrants to buy 2.6M common at 90 cents. ASTI to expand line of consumer products (includes solar case for iPhones). ASTI has had no profitable quarter since '06. Pursuing other aps for its thin-film product. (How in hell can a company survive with no profit in 7 years? Answer: keep paying state fees, filing tax returns and putting in money. And keep the faith.)
Dutch maker of equipment that turns waste heat into el, hot water raised $8.7M to expand. 1st sales in Finland, Slovakia, Latvia this year.
Welsh minister: UK stalled on simplifying Wales clean/renewable energy policy. (When do govts simplify anything anymore?)
SM investing $300M in 100Mw Philippine geothermal project. (Lowest cost geothermal project I've seen - by a leap to parity with wind/solar if true.)
CPFL bought 2 Brazil wind farms for $46M.
EDC, Alterra finalized geothermal JV.
Welspun Energy closed finance for 20Mw Maharashtra solar project. (I'm guessing India.)
Sensors on grapevines plus web helping grow finer grapes, conserve water.
Start with what you can measure to improve procurement. (Advice from AT&T, others.)
More efficient modems, routers could save consumers $300M/yr.
Obama at Brandenburg called for "bold action" by every nation to fight climate change. Wants global emissions pact "before it's too late".
EPA audit faults Wash state Hanford oversight. (DOE?)
Study raising questions about producing ethanol from NG.
MIT, Berkeley team to "pick up" energy efficiency policy, tech.
Danish firm pledging $200M to Cape Wind.
Study links autism to particulate (soot from diesel vehicles, power plants) exposure.
Scientists predicting dead zones in Gulf of Mex, Chesapeake. (Isn't that a yearly given?)
TX coastline sees daily oil spills.
LA passed plastic bag ban. (Boy, that will clean up that Pacific gyre lickity split.)
Canada raised offshore spill liability to $1B. (Um, Exxon Valdez, BP GOM. O Canada ... de de de de de...)
Happy trailers, pards.
Fed staying course, market down. Go fig.
China started 1st pilot carbon emissions exchange in Shenzhen. Plans for nationwide rollout. Efforts to apply to some heavy industries could be undermined by econ slowdown. 6 other pilot exchanges to be started this year or next. China total CO2 emissions ~8B tons last year.
European utilities need to spend a combined 1T Euro on power plants, grids, NG storage, other energy infra by end of decade just to maintain current levels of NG, power supply. But utilities' combined net debt up almost 5x to ~$400B over last decade (much on acquisitions before '08 crash).
UN committee ruled Great Barrier Reef will get threatened ecosystem designation next year if Australia doesn't take steps to protect it.
Report: US comps that commit to cutting carbon emissions 3%/yr thru '20 could reap up to total $190B from reduced power bills, increased productivity, innovation.
World Bank study predicts famine, poverty from uncontrolled climate change ... research shows UK facing soggy summers from climate change ... report: climate change threat of century for N Am's migratory birds.
Cal Air Board partnering with China province to share cap-and-trade strategies.
Colo driller agreed to higher fine for spill because "it's appropriate". (Way to go, driller.)
New state fracking bill on books in IL. Colleges preparing for shale development.
Trans Canada leaving out leak detectors for Keystone pipeline. (Really. Think that's going to fly?)
NG flaring increasing in Alberta amid lax regulation.
Rapid growth of solar in Mass has flooded market with special creds used for finance. Driving down prices. Gov trying to siphon off some of excess supply to get market back to equilibrium. State may buy $8-11M worth and hold auction next month.
Qatar Solar Tech plans to acquire 30% stake in Solar World (SRWRF). $47M of shares plus convertible bond for up to 200M Euro total. To help finance restructuring. SRWRF surged yesterday.
Calysta Energy, NatureWorks announced collab to R&D production process for fermenting methane into lactic acid, lactide intermediates, polymers.
Gasrec teaming with Volvo Trucks to increase availability of fuel, promote use of NGV's in UK. Gasrec Europe's largest supplier of Bio-LNG (blend of LNG, liquid biomethane). LBM from organic matter like food waste. Bio-LNG can cut fuel costs, CO2 ~20% v. diesel. Also reduces NOx, soot. Network of fueling stations set for '15 completion.
Brazil, Indonesia targeting collab on biofuels development.
Despite the hype, US NG production flat since Jan '12. I would think from prices. But, decline rates 79-95% after 3 yrs at wells. 65K wells in 31 shale plays surveyed. US crude oil production almost flat since Oct. OH, CO plays haven't panned out. (So, what is the actual truth?)
Mexico Prez inviting foreign oil comps to come play in their fields 70 yrs after oil fields seized by Mex to create Pemex monopoly. 8 yr decline in oil production now.
Iraq loses 70% of its NG from flaring. Some 700MCF/d flared. Releases soot, gases, SO2, acid rain. (Ahem ... Bakken.) But JV formed to be world's largest flaring reduction project. Formed in '08. Still waiting for approval to start. Compressor stations a bottleneck. Some already repaired.
3 largest shipping container operators in world forming alliance. Used to be bitter rivals. (Example to apply to world peace?) To improve fuel efficiency, service, ops. 255 ships.
Rohani wants to make Iran nuke program more transparent. (Godspeed, bro. Note to world: trust but verify - could be smart ruse.)
Pike Research: energy storage to grow exponentially next 9 yrs. Trace revs in '12 to $30B by '22. 5 key elements: grid asset optimization, wind/solar integration, arbitrage, deferral of transmission/distribution capacity additions. And graphene micro supercapacitors. (UCLA.) Can charge smart phone in 1 min for scale compare.
New coal export terminals in Wash to have major econ benefits for state. Could also help region farmers exports.
Dalton GA council voted 4-0 to provide EV charger parking spaces.
Ascent Solar (ASTI) getting $6M from Asian investor. Preferred stock convertible to 7.5M common at 80 cents. ASTI also to issue 3-yr warrants to buy 2.6M common at 90 cents. ASTI to expand line of consumer products (includes solar case for iPhones). ASTI has had no profitable quarter since '06. Pursuing other aps for its thin-film product. (How in hell can a company survive with no profit in 7 years? Answer: keep paying state fees, filing tax returns and putting in money. And keep the faith.)
Dutch maker of equipment that turns waste heat into el, hot water raised $8.7M to expand. 1st sales in Finland, Slovakia, Latvia this year.
Welsh minister: UK stalled on simplifying Wales clean/renewable energy policy. (When do govts simplify anything anymore?)
SM investing $300M in 100Mw Philippine geothermal project. (Lowest cost geothermal project I've seen - by a leap to parity with wind/solar if true.)
CPFL bought 2 Brazil wind farms for $46M.
EDC, Alterra finalized geothermal JV.
Welspun Energy closed finance for 20Mw Maharashtra solar project. (I'm guessing India.)
Sensors on grapevines plus web helping grow finer grapes, conserve water.
Start with what you can measure to improve procurement. (Advice from AT&T, others.)
More efficient modems, routers could save consumers $300M/yr.
Obama at Brandenburg called for "bold action" by every nation to fight climate change. Wants global emissions pact "before it's too late".
EPA audit faults Wash state Hanford oversight. (DOE?)
Study raising questions about producing ethanol from NG.
MIT, Berkeley team to "pick up" energy efficiency policy, tech.
Danish firm pledging $200M to Cape Wind.
Study links autism to particulate (soot from diesel vehicles, power plants) exposure.
Scientists predicting dead zones in Gulf of Mex, Chesapeake. (Isn't that a yearly given?)
TX coastline sees daily oil spills.
LA passed plastic bag ban. (Boy, that will clean up that Pacific gyre lickity split.)
Canada raised offshore spill liability to $1B. (Um, Exxon Valdez, BP GOM. O Canada ... de de de de de...)
Happy trailers, pards.
WEDNESDAY OPEN
(stock #s in %)
Maarket down 21/2/2. Volume light on Fed wait. Oil: WTI over $98, Brent over $106. NG $3.95. US inflation at 53-year low. Japan exports most since '10.
WTWO up another 33, 2-day double, possibly on new DOE interest in waste-to-energy. CRCL up 27. PRHL up 24 on 400 shares. CCTC up 21. USEI up 18 on heavy volume, over top line (200-day). EVSI up 16, back above all lines. CSGH, PTOS up 15. HIIT up 11, back to May top. ASYS up 9 on order, new high. CBEH up 9, back above top line (200). CERE up 1.
PSON down 25 in day 2 of plunge through all lines, could be the dump after pump. PSPW down 16. SENY down 12 from top. NPWZ down 11 on 300 shares. WSGP down 10, rebound done. GWBU down 9. EWRL down 8, back to top 50-day. XSNX down 6. ECTY, LEDS, RVLT down 2. NTCXF, CERP down 1.
Maarket down 21/2/2. Volume light on Fed wait. Oil: WTI over $98, Brent over $106. NG $3.95. US inflation at 53-year low. Japan exports most since '10.
WTWO up another 33, 2-day double, possibly on new DOE interest in waste-to-energy. CRCL up 27. PRHL up 24 on 400 shares. CCTC up 21. USEI up 18 on heavy volume, over top line (200-day). EVSI up 16, back above all lines. CSGH, PTOS up 15. HIIT up 11, back to May top. ASYS up 9 on order, new high. CBEH up 9, back above top line (200). CERE up 1.
PSON down 25 in day 2 of plunge through all lines, could be the dump after pump. PSPW down 16. SENY down 12 from top. NPWZ down 11 on 300 shares. WSGP down 10, rebound done. GWBU down 9. EWRL down 8, back to top 50-day. XSNX down 6. ECTY, LEDS, RVLT down 2. NTCXF, CERP down 1.
Tuesday, June 18, 2013
TUESDAY CLOSE
(stock #s in %)
Market up 138/30/12. Volume a little light. Oil: WTI over $98, Brent ~$106. NG $3.90.
US again has most millionaires. Stockman says Snowden "heroic". Fox commentator got $50K to tout stock (PSON?). FLSR raising ~$427M in stock offer. Putin agrees on Syrian "transitional govt". Russia says Iran ready to suspend 20% U enrichment. US considers exporting more oil 1st time since '70's. Keystone will not "sop up" Canada oil glut. Food price drop in US they say.
WTWO up 50 (RFI from DOE?). CSKH up 37. WSGP up 20 more. CSGH up 20. GEVO up 19. XDSL up 12 on promo news. CREE up 4, told new high. RVLT up 3. NENE, CERE up 1.
CPWY down 36. GSPI down 34. CRCL down 27. EWRL, CCTC down 25. PSON down 22. ENSL, PRHL down 21. GERS down 19. SRWRF down 15. TMEN down 14. ASIUF, JUHL down 12. ZAAP down 11. CBEH down 10. XSNX down 7. HIIT down 6. LEDS down 4. CERP down 3. ECTY down 2.
Market up 138/30/12. Volume a little light. Oil: WTI over $98, Brent ~$106. NG $3.90.
US again has most millionaires. Stockman says Snowden "heroic". Fox commentator got $50K to tout stock (PSON?). FLSR raising ~$427M in stock offer. Putin agrees on Syrian "transitional govt". Russia says Iran ready to suspend 20% U enrichment. US considers exporting more oil 1st time since '70's. Keystone will not "sop up" Canada oil glut. Food price drop in US they say.
WTWO up 50 (RFI from DOE?). CSKH up 37. WSGP up 20 more. CSGH up 20. GEVO up 19. XDSL up 12 on promo news. CREE up 4, told new high. RVLT up 3. NENE, CERE up 1.
CPWY down 36. GSPI down 34. CRCL down 27. EWRL, CCTC down 25. PSON down 22. ENSL, PRHL down 21. GERS down 19. SRWRF down 15. TMEN down 14. ASIUF, JUHL down 12. ZAAP down 11. CBEH down 10. XSNX down 7. HIIT down 6. LEDS down 4. CERP down 3. ECTY down 2.
STUFF
AT&T intro'd solar-powered charge stations for mobile devices in NYC at different locations for 3-4 weeks at a time until Oct. $300-500K project. May extend it to other cities. 3 15W solar panels, 168Wh lith ion batt pack. Full charge for smart phone in 2 hrs, 30% charge in 30 min.
Fed district judge in MT rejected bid to force DOI to curb GHG emissions from oil/gas drilling on fed lands.
Army Corps chief suggesting US needs stronger levees as climate changes.
Latin Am has clean/renewable energy resources but lacks policies to use it: study.
Report: NG beats most resources in return on energy investment.
Chevron's $10B Angola LNG export plant sent out 1st shipment. To Brazil.
MIT breakthrough in method to make low-cost, sustainable new fuel molecule - GVL. More energy density than ethanol. Can be used as drop-in fuel, additive for other fuels, solvent and renewable building block chem for bio-based materials. Catalyst a zeolite - porous silicate mineral containing zirconium, aluminum.
BP report: 1st drop in global biofuels demand since '00 in '12. Down .4%, down 4.3% in US. Global clean/renewable power gen grew 15.2%. Oil stayed world's leading fuel - 33% of energy consumption - but continued to lose market share for 13th year in row, lowest since BP data began in '65.
World Bank economists conclude food price increases largely (over 50%) from oil price jumps. Not biofuel industry. '97-'12 energy, fertilizer, precious metal prices tripled, most food prices doubled.
DOE issued request for info on waste-to-energy techs.
US Senate committee voted down anti-biofuels for military amendments.
Water shortages may end Jordan's nuke power hopes.
China/Norway scientific collab discovered new method using nanoparticles to increase recoverable oil from wells. Recovered 15% of residual oil in test reservoir. Norway partner has recovered up to 50% in N Sea.
US govt says BP can stop cleanup efforts in Gulf. But BP will continue in LA. Spent $14B to date.
UK study: house prices can increase up to 38% from energy efficiency upgrades.
New FL law clamps down on utilities charging customers in advance for proposed new nuke power gen.
Corning invested $60M in View funding round. Will help them develop tintable, energy-saving windows for bldgs. Tech reduces energy use in lighting, HVAC ~20%. World market ~$100B. ~25B sq. ft. of glass/yr installed globally as external windows. Applied voltage tints the glass. 100W can control 1K windows.
3 comps to develop 50Mw of solar power in Japan by Mar '16. Starting with 1.7Mw unit to go online in Sept. Will consider developing geothermal, wind power.
Yingli to build out 3Gw of solar power in Yunnan China.
Solar City (SCTY) announced $175M convertible bond with 2.8M share offering.
Global smart grid market to more than double by '20. $33B now to $73B, $461B cumulative revenues.
23 global hotel chains developed standard way to measure carbon footprint for customers. 80% of Fortune 500 comps now participate in Carbon Disclosure Project.
Ecotech Quebec, ACTION (New England) teaming to push cleantech sector to full potential in region.
Report: massive shifts in bird migration patterns, habitat have begun from climate change.
Fed district judge in MT rejected bid to force DOI to curb GHG emissions from oil/gas drilling on fed lands.
Army Corps chief suggesting US needs stronger levees as climate changes.
Latin Am has clean/renewable energy resources but lacks policies to use it: study.
Report: NG beats most resources in return on energy investment.
Chevron's $10B Angola LNG export plant sent out 1st shipment. To Brazil.
MIT breakthrough in method to make low-cost, sustainable new fuel molecule - GVL. More energy density than ethanol. Can be used as drop-in fuel, additive for other fuels, solvent and renewable building block chem for bio-based materials. Catalyst a zeolite - porous silicate mineral containing zirconium, aluminum.
BP report: 1st drop in global biofuels demand since '00 in '12. Down .4%, down 4.3% in US. Global clean/renewable power gen grew 15.2%. Oil stayed world's leading fuel - 33% of energy consumption - but continued to lose market share for 13th year in row, lowest since BP data began in '65.
World Bank economists conclude food price increases largely (over 50%) from oil price jumps. Not biofuel industry. '97-'12 energy, fertilizer, precious metal prices tripled, most food prices doubled.
DOE issued request for info on waste-to-energy techs.
US Senate committee voted down anti-biofuels for military amendments.
Water shortages may end Jordan's nuke power hopes.
China/Norway scientific collab discovered new method using nanoparticles to increase recoverable oil from wells. Recovered 15% of residual oil in test reservoir. Norway partner has recovered up to 50% in N Sea.
US govt says BP can stop cleanup efforts in Gulf. But BP will continue in LA. Spent $14B to date.
UK study: house prices can increase up to 38% from energy efficiency upgrades.
New FL law clamps down on utilities charging customers in advance for proposed new nuke power gen.
Corning invested $60M in View funding round. Will help them develop tintable, energy-saving windows for bldgs. Tech reduces energy use in lighting, HVAC ~20%. World market ~$100B. ~25B sq. ft. of glass/yr installed globally as external windows. Applied voltage tints the glass. 100W can control 1K windows.
3 comps to develop 50Mw of solar power in Japan by Mar '16. Starting with 1.7Mw unit to go online in Sept. Will consider developing geothermal, wind power.
Yingli to build out 3Gw of solar power in Yunnan China.
Solar City (SCTY) announced $175M convertible bond with 2.8M share offering.
Global smart grid market to more than double by '20. $33B now to $73B, $461B cumulative revenues.
23 global hotel chains developed standard way to measure carbon footprint for customers. 80% of Fortune 500 comps now participate in Carbon Disclosure Project.
Ecotech Quebec, ACTION (New England) teaming to push cleantech sector to full potential in region.
Report: massive shifts in bird migration patterns, habitat have begun from climate change.
TUESDAY OPEN
(stock #s in %)
Market up 99/22/7. Volume light. Oil: WTI over $98, Brent under $106. NG $3.93. Fed meeting.
WTWO up 50. GEVO up 29 on news of restarting production at MN plant, from bottom (50-day) lines to over bottom 200-day, huge volume. BLDW up 29, back above bottom 200. USEI up 22. ECOS up 20. ASIUF, GWBU up 12. WSGP up 8. CERE up 3. RVLT up 2.
CPWY down 36. GSPI down 34. SRWRF down 21. EWRL down 9. XSNX down 7. PSON down 6. LEDS down 5. HIIT, CERP down 3. NENE, ZAAP down 1.
Market up 99/22/7. Volume light. Oil: WTI over $98, Brent under $106. NG $3.93. Fed meeting.
WTWO up 50. GEVO up 29 on news of restarting production at MN plant, from bottom (50-day) lines to over bottom 200-day, huge volume. BLDW up 29, back above bottom 200. USEI up 22. ECOS up 20. ASIUF, GWBU up 12. WSGP up 8. CERE up 3. RVLT up 2.
CPWY down 36. GSPI down 34. SRWRF down 21. EWRL down 9. XSNX down 7. PSON down 6. LEDS down 5. HIIT, CERP down 3. NENE, ZAAP down 1.
Monday, June 17, 2013
LATE STUFF
By '20, swapping out old wind turbines for new ones will raise power gen at refurbished sites from 1.5Gwh/yr to 8.2Gwh.
Siemens shutting down their solar unit. Found no buyer. $1B losses since '11. Solar thermal tech (CSP). Mirrors in parabolic troughs focus sun on liquids to produce steam to power turbines. 3 yrs ago PV solar 10% more expensive, now 1/2.
IFC: 60% of geothermal wells drilled globally successful. If status verified before, 78%.
Asia's biggest concentrated solar power plant in India selling power at half global price avg.
Baghdad cut plans to pump 12Mb/d by '17. Now 4.5M by end of '14 (2.9M now), 9M by '20. Required investment for gain reportedly only hundreds of millions of dollars. But with violence and instability, they will be lucky to get any foreign investors by end of next year.
Climate change driving temps in Egypt up to 20F above norm. (As if they need another prob.) Length of daily blackouts increasing.
Most indicators show China econ slowing in Q2. Could miss '13 target of 7.5% growth. Power use up only 4.9% 1st 5 months.
US crude production grew over 1Mb/d in '12. Largest increase in world, US history. (There's the American story, kids. Too bad fossil fuels create all that dam pollution, climate change, though, huh.)
Siberia shale field, 80x Bakken, covers area the size of France. Enough oil to double Russia's reserves.
Former Soviet satellite countries' crude exports down to 6.4Mb/d in '12. Decrease in Black Sea shipments.
Net energy ratios for Canada tar sands 3.5-6:1. Conventional oil 10-20:1.
China's largest oil/gas comp expanding into Ecuador by year end.
India shale gas reserves believed to be ~63TCF. Govt wanting to get to development.
IEA anticipates crude supply will struggle to keep up with refining demand. Supply risks in Nigeria, Iraq, Libya, Sudan.
World population to hit 7.2B friends and neighbors next month.
Brazil says Libra offshore oil field can easily reach 1Mb/d production. Bidding starts Oct.
Many doubt Nicaragua canal will be built.
US coal exports down 31% in April v. March. Lower demand from China.
US exports of diesel oil to Europe up to 23-year high. More domestic middle east demand holding back their exports.
Most optimistic EIA scenario has US total BOE production hitting 18Mb/d by '40. 10M a '20-'40 bench.
Top 50 US operators invested $186B in '12 to develop all US oil/gas fields. Up 20% over '11. Production up 13% yoy.
Algenol plans to move $500M advanced biofuels project to TX, NM, AZ or other state after FL repealed E10 mandate. 120 workers with avg. salary $98K they say.
LBNL highlighting top 5 techs available for license.
BTG (Netherlands) has new pyrolysis process for renewable diesel from 2G biomass.
Muradel (Australia) unveiled 1st "green crude" from microalgae.
Nordex (Germany) to supply 134Mw S Africa Tata JV wind farm. Start 3Q14. Online June '16.
House Repubs proposing sharp cuts to clean E, advanced research at DOE. (What's new.)
Judge rejected bid to curb MT methane emissions.
Siemens shutting down their solar unit. Found no buyer. $1B losses since '11. Solar thermal tech (CSP). Mirrors in parabolic troughs focus sun on liquids to produce steam to power turbines. 3 yrs ago PV solar 10% more expensive, now 1/2.
IFC: 60% of geothermal wells drilled globally successful. If status verified before, 78%.
Asia's biggest concentrated solar power plant in India selling power at half global price avg.
Baghdad cut plans to pump 12Mb/d by '17. Now 4.5M by end of '14 (2.9M now), 9M by '20. Required investment for gain reportedly only hundreds of millions of dollars. But with violence and instability, they will be lucky to get any foreign investors by end of next year.
Climate change driving temps in Egypt up to 20F above norm. (As if they need another prob.) Length of daily blackouts increasing.
Most indicators show China econ slowing in Q2. Could miss '13 target of 7.5% growth. Power use up only 4.9% 1st 5 months.
US crude production grew over 1Mb/d in '12. Largest increase in world, US history. (There's the American story, kids. Too bad fossil fuels create all that dam pollution, climate change, though, huh.)
Siberia shale field, 80x Bakken, covers area the size of France. Enough oil to double Russia's reserves.
Former Soviet satellite countries' crude exports down to 6.4Mb/d in '12. Decrease in Black Sea shipments.
Net energy ratios for Canada tar sands 3.5-6:1. Conventional oil 10-20:1.
China's largest oil/gas comp expanding into Ecuador by year end.
India shale gas reserves believed to be ~63TCF. Govt wanting to get to development.
IEA anticipates crude supply will struggle to keep up with refining demand. Supply risks in Nigeria, Iraq, Libya, Sudan.
World population to hit 7.2B friends and neighbors next month.
Brazil says Libra offshore oil field can easily reach 1Mb/d production. Bidding starts Oct.
Many doubt Nicaragua canal will be built.
US coal exports down 31% in April v. March. Lower demand from China.
US exports of diesel oil to Europe up to 23-year high. More domestic middle east demand holding back their exports.
Most optimistic EIA scenario has US total BOE production hitting 18Mb/d by '40. 10M a '20-'40 bench.
Top 50 US operators invested $186B in '12 to develop all US oil/gas fields. Up 20% over '11. Production up 13% yoy.
Algenol plans to move $500M advanced biofuels project to TX, NM, AZ or other state after FL repealed E10 mandate. 120 workers with avg. salary $98K they say.
LBNL highlighting top 5 techs available for license.
BTG (Netherlands) has new pyrolysis process for renewable diesel from 2G biomass.
Muradel (Australia) unveiled 1st "green crude" from microalgae.
Nordex (Germany) to supply 134Mw S Africa Tata JV wind farm. Start 3Q14. Online June '16.
House Repubs proposing sharp cuts to clean E, advanced research at DOE. (What's new.)
Judge rejected bid to curb MT methane emissions.
MONDAY CLOSE
(stock #s in %)
Market up 109/28/12. Volume slightly light. Oil: WTI under $98, Brent under $106. NG $3.90.
BHWX up 166. EWRL up 95. BLQN up 62. PPRW up 53. GSPI up 46. GERS up 40. KNDI up 25. BOPO up 25. ZAAP up 21 on news, back over all lines on huge volume. ENZR, SRWRF up 20. MMMW up 13. WSGP up 12. CBAK up 11. FCSMF, LEXG up 10. XSNX, PSON up 4.
AEHI down 50. CSGH down 46. WTWO down 33. ASIUF down 27. MKTY down 18. BLDW down 17. CRCL, DSTI, QTMM down 14. CERE down 13. ENSL down 12. LYSDY, ORYN down 11. CABN, GWBU, ZNNMF down 10. RVLT down 8. NTCXF, CERP down 1.
Market up 109/28/12. Volume slightly light. Oil: WTI under $98, Brent under $106. NG $3.90.
BHWX up 166. EWRL up 95. BLQN up 62. PPRW up 53. GSPI up 46. GERS up 40. KNDI up 25. BOPO up 25. ZAAP up 21 on news, back over all lines on huge volume. ENZR, SRWRF up 20. MMMW up 13. WSGP up 12. CBAK up 11. FCSMF, LEXG up 10. XSNX, PSON up 4.
AEHI down 50. CSGH down 46. WTWO down 33. ASIUF down 27. MKTY down 18. BLDW down 17. CRCL, DSTI, QTMM down 14. CERE down 13. ENSL down 12. LYSDY, ORYN down 11. CABN, GWBU, ZNNMF down 10. RVLT down 8. NTCXF, CERP down 1.
EARLY STUFF
IEA: Global CO2 emissions from power gen rose 1.4% in '12 to 31.6B tons.
16 consumers suing S Cal Ed, PG&E in state court alleging smart meters cause them physical harm ranging from dizziness, ringing in ears, radiation burns to cancer.
4 Maine biomass power plants among first in world to get sustainability certification.
Price for LNG in Japan $15.25 now v. $18 in June last year.
US solar installs totaled 723Mw in Q1, up 33% v. '12. Solar's best ever Q1 in US. 1.3Gw installed in 4Q12. Now 8.5Gw total, 7.9Gw PV solar. Solar near half all new powgen installed Q1. Residential installs up 53% yoy Q1 to 164Mw. Utility solar up over 2x yoy to 318Mw. 3rd party-owned systems 2/3 of residential installs in Cal, 86% in AZ. Pipeline of utility-scale projects at 10.7Gw, 1/3 under construction. Avg PV system costs $3.57/w, down 24% v. '12. Residential fell ~16% to $4.93/w.
Distributed generation could require over $48B through '17 in US.
95% of farmers, landowners believe clean/renewable energy to be vital to farming in UK. But 42% of farmers, landowners confused about clean/ren options. Farmers who invest in clean/ren make 12-50K Pounds more per year. 75% of UK land area in ag sector.
Ontario cancelled FITs for large clean/ren projects. Replacing with bid system. FITs for small projects to continue - under 500Kw systems, total up to 900Mw through '18. Coal power is gone, though, last plant offline this year.
US govt extended "Farm To Fly" research program for 5 yrs to develop biofuels for commercial av. Started in '10. Part of broader effort to bring domestic production of drop-in av biofuel to 1B gal/yr by '18.
Ford buying 3Mw of 20Mw Mexico PV solar project. 1st part of 4-phase 80Mw project.
China cabinet adopted 10 measures to improve air quality. Mandate that heavy polluters must release detailed enviro info to public, also ordered to cut emissions 30% by '18. 5K of China's biggest factories account for 60% of industrial pollution.
'12 2nd costliest year in national disaster damages in US since '80.
Climate change, tougher seeds moving US corn belt north.
US coal exports taking hit from oversupply.
UK moving to larger solar plants as costs drop.
16 consumers suing S Cal Ed, PG&E in state court alleging smart meters cause them physical harm ranging from dizziness, ringing in ears, radiation burns to cancer.
4 Maine biomass power plants among first in world to get sustainability certification.
Price for LNG in Japan $15.25 now v. $18 in June last year.
US solar installs totaled 723Mw in Q1, up 33% v. '12. Solar's best ever Q1 in US. 1.3Gw installed in 4Q12. Now 8.5Gw total, 7.9Gw PV solar. Solar near half all new powgen installed Q1. Residential installs up 53% yoy Q1 to 164Mw. Utility solar up over 2x yoy to 318Mw. 3rd party-owned systems 2/3 of residential installs in Cal, 86% in AZ. Pipeline of utility-scale projects at 10.7Gw, 1/3 under construction. Avg PV system costs $3.57/w, down 24% v. '12. Residential fell ~16% to $4.93/w.
Distributed generation could require over $48B through '17 in US.
95% of farmers, landowners believe clean/renewable energy to be vital to farming in UK. But 42% of farmers, landowners confused about clean/ren options. Farmers who invest in clean/ren make 12-50K Pounds more per year. 75% of UK land area in ag sector.
Ontario cancelled FITs for large clean/ren projects. Replacing with bid system. FITs for small projects to continue - under 500Kw systems, total up to 900Mw through '18. Coal power is gone, though, last plant offline this year.
US govt extended "Farm To Fly" research program for 5 yrs to develop biofuels for commercial av. Started in '10. Part of broader effort to bring domestic production of drop-in av biofuel to 1B gal/yr by '18.
Ford buying 3Mw of 20Mw Mexico PV solar project. 1st part of 4-phase 80Mw project.
China cabinet adopted 10 measures to improve air quality. Mandate that heavy polluters must release detailed enviro info to public, also ordered to cut emissions 30% by '18. 5K of China's biggest factories account for 60% of industrial pollution.
'12 2nd costliest year in national disaster damages in US since '80.
Climate change, tougher seeds moving US corn belt north.
US coal exports taking hit from oversupply.
UK moving to larger solar plants as costs drop.
MONDAY OPEN
(stock #s in %)
Market up 177/40/18. Volume normal. Oil: WTI over $98, Brent over $106. NG $3.83.
BLQN up 62 on 900 shares. GERS up 33. BOPO up 25. KNDI up 20 on news of EV program, back up near tops and double this month. CBAK up 14, reversing profit taking. ENZR up 16. NFEC up 12. CSIQ up 11, back to top, quintuple from Nov. XSNX up 11, back over bottom (50-day) lines. WSGP up 10, rebound continues. AMBT, CHGI up 10. EWRL up 7. PSON up 4. NTCXF up 1.
MMMW down 30. BLDW down 19. MKTY down 16. QTMM down 14. CABN down 12. HIIT down 10. ZAAP down 7. RVLT, LEDS, CERE down 2. CERP down 1.
Market up 177/40/18. Volume normal. Oil: WTI over $98, Brent over $106. NG $3.83.
BLQN up 62 on 900 shares. GERS up 33. BOPO up 25. KNDI up 20 on news of EV program, back up near tops and double this month. CBAK up 14, reversing profit taking. ENZR up 16. NFEC up 12. CSIQ up 11, back to top, quintuple from Nov. XSNX up 11, back over bottom (50-day) lines. WSGP up 10, rebound continues. AMBT, CHGI up 10. EWRL up 7. PSON up 4. NTCXF up 1.
MMMW down 30. BLDW down 19. MKTY down 16. QTMM down 14. CABN down 12. HIIT down 10. ZAAP down 7. RVLT, LEDS, CERE down 2. CERP down 1.
Friday, June 14, 2013
LATE STUFF
Study: warmer oceans melting bottom of Antarctica ice shelves.
EV sales staying low. Lower costs ahead. GM to offer up to $5K discount for Volt.
Toshiba got order from Sinohydro for 240Mw of hydro turbines, generators for dam in Laos. Laos exports el to neighbors. Hyd accounts for all of Laos near 2.8Gw powgen cap. Expected to increase to 12Gw by '20.
HI, Honolulu County to double energy efficiency in state, county bldgs.
India auctioned licenses to build 250Mw solar in Punjab. 200Mw of 5-30Mw projects. 50Mw of 1-4Mw. 8 comps got the larger projects, 19 the smaller. 13 months to complete.
Scotland rejected 102Mw wind farm because of effect on landscape. (In your face, Trump.) Approved Infinergy 39Mw farm.
Kyocera to supply 30Mw solar for Mitsubishi and partner. $90M. Installs for 80 locations - farm bldg roofs. Plans for 200Mw rooftop solar by early '15.
MidAm Energy (Buffett) may complete $700M bond offering this month to finance $2.74B, 579Mw S Cal solar farm. Price in mid to upper 5% range.
Over 50% of UK public in favor of increased clean/ren energy investment.
ECTY (Ecotality) raised $8M through private placement.
Facebook turned on hydro powered data center in Sweden. Cooled by outside air.
Conservatives parted ways on carbon tax idea. (Summer morons. Summer not.)
Nicaragua Assembly approved canal plan. (Duh.)
CDXS up on news of scale-up of cellulosic sugars from non-food biomass with Chemtex.
Total bonds linked to key climate themes at $346B. Double last year. 89% investment grade. Carbon-efficient transport, notably rail, 75% of total.
Happy Flag Day - Fathers Day Weekend, pards. Onward, upward and clean E investing ward.
EV sales staying low. Lower costs ahead. GM to offer up to $5K discount for Volt.
Toshiba got order from Sinohydro for 240Mw of hydro turbines, generators for dam in Laos. Laos exports el to neighbors. Hyd accounts for all of Laos near 2.8Gw powgen cap. Expected to increase to 12Gw by '20.
HI, Honolulu County to double energy efficiency in state, county bldgs.
India auctioned licenses to build 250Mw solar in Punjab. 200Mw of 5-30Mw projects. 50Mw of 1-4Mw. 8 comps got the larger projects, 19 the smaller. 13 months to complete.
Scotland rejected 102Mw wind farm because of effect on landscape. (In your face, Trump.) Approved Infinergy 39Mw farm.
Kyocera to supply 30Mw solar for Mitsubishi and partner. $90M. Installs for 80 locations - farm bldg roofs. Plans for 200Mw rooftop solar by early '15.
MidAm Energy (Buffett) may complete $700M bond offering this month to finance $2.74B, 579Mw S Cal solar farm. Price in mid to upper 5% range.
Over 50% of UK public in favor of increased clean/ren energy investment.
ECTY (Ecotality) raised $8M through private placement.
Facebook turned on hydro powered data center in Sweden. Cooled by outside air.
Conservatives parted ways on carbon tax idea. (Summer morons. Summer not.)
Nicaragua Assembly approved canal plan. (Duh.)
CDXS up on news of scale-up of cellulosic sugars from non-food biomass with Chemtex.
Total bonds linked to key climate themes at $346B. Double last year. 89% investment grade. Carbon-efficient transport, notably rail, 75% of total.
Happy Flag Day - Fathers Day Weekend, pards. Onward, upward and clean E investing ward.
FRIDAY CLOSE
(stock #s in %)
Market down 105/21/9. Volume light. It was Flag Day. Oil: WTI under $98, Brent under $106. NG $3.74. IMF cut US '14 outlook to 2.7% growth from 3, kept '13 at 1.9%. Urged Fed to carefully handle stimulus exit.
BLDW up 30, over bottom 200-day line from 50-days on day 2 of heavy volume. EWRL up 26. AQNM up 25. CDXS up 25 on development news, more in next STUFF, jump over all lines on huge volume. CBEH up 24, back over top line. MKTY up 22, rebound off top line (50-d). USEI up 19. BSRC up 18. QTMM up 16. GSPI. GWBU, ORYN up 12. RVLT up 11, new high, big volume, already up 10x from Sept but looks like a train to get on or at least follow for dips, over $12M in trading today. HIIT up 11, steady up since intro in July, another 10x. Get on or eye on. WSGP up 5. NTCXF up 4, back to bottom line (50). PSON up 4, day 6 of run up from 50s, up 3x since Feb. ECTY up 4, still working 4x climb from Jan. XSNX up 3.
PPRW down 35, straight fall back to bottom after late May jump. IFXY down 29, back to bottom line (50), no volume. WWPW down 26. CABN, CSKH down 20. XDSL down 15. CERE down 11, eye on comeback. AMSC, MXWL, NFEC down 10. CERP, NENE, LEDS down 2.
Market down 105/21/9. Volume light. It was Flag Day. Oil: WTI under $98, Brent under $106. NG $3.74. IMF cut US '14 outlook to 2.7% growth from 3, kept '13 at 1.9%. Urged Fed to carefully handle stimulus exit.
BLDW up 30, over bottom 200-day line from 50-days on day 2 of heavy volume. EWRL up 26. AQNM up 25. CDXS up 25 on development news, more in next STUFF, jump over all lines on huge volume. CBEH up 24, back over top line. MKTY up 22, rebound off top line (50-d). USEI up 19. BSRC up 18. QTMM up 16. GSPI. GWBU, ORYN up 12. RVLT up 11, new high, big volume, already up 10x from Sept but looks like a train to get on or at least follow for dips, over $12M in trading today. HIIT up 11, steady up since intro in July, another 10x. Get on or eye on. WSGP up 5. NTCXF up 4, back to bottom line (50). PSON up 4, day 6 of run up from 50s, up 3x since Feb. ECTY up 4, still working 4x climb from Jan. XSNX up 3.
PPRW down 35, straight fall back to bottom after late May jump. IFXY down 29, back to bottom line (50), no volume. WWPW down 26. CABN, CSKH down 20. XDSL down 15. CERE down 11, eye on comeback. AMSC, MXWL, NFEC down 10. CERP, NENE, LEDS down 2.
EARLY STUFF
Chevron CEO: refiners may increase gasoline exports to circumvent RFS ethanol mandate. Will cause gas prices to rise in US. Refiners say E15 adds to their costs, can only be used by 5% of US cars (AAA report). Some automakers say E15 use would void warranties.
OPEC expects world oil demand to increase 800Kb/d this year. China 400K of that. Projecting production growth from non-OPEC at 1Mb/d this year.
US expected to produce 8.1Mb/d by '14: DOE. Up 24% from '12.
Norway awarded 24 new oil/gas exploration licenses, most in Arctic Barents Sea. Their production level set to hit 25-year low. Barents Sea est. to hold up to 7.9B bls oil equivalent.
US installed solar capacity grew 600% over last 5 yrs.
S Korea oil imports from North Sea to fall 50% due to tax charge.
Avg. Tucson El Power power bill going up $3-4/mo July 1. (Where is this low inflation we read about? Power bills going up, pump prices up, food prices up, rent up, you name it.)
New studies show evidence folks living too close to utility-scale wind turbines at risk for increased stress, sleep disturbance. "Infrasound" - low freq noise - affects ears. Wind turbine syndrome.
Japan agreed to offest GHG emissions by transferring energy management tech to Kenya after deals with Mongolia, Bangladesh, Ethiopia already this year. Also sharing tech to protect forests in developing countries.
Goldman Sachs eyeing offshore wind power in Japan. 31Mw offshore capacity now.
German regulator approved 580Mw offshore wind farm.
Ming Yang, China National Nuclear to build 300Mw of wind power in Henan.
Reports of defective solar panels starting to rise. (And how good are 20-year guarantees if company is out of business?) Confidentiality agreements often keep manufacturer's ID secret. Cell, panel makers, chem comps providing special materials cutting corners. May be 2 yrs away from hearing extent of prob. Faulty coatings on panels. "Black solar" coatings.
OPEC expects world oil demand to increase 800Kb/d this year. China 400K of that. Projecting production growth from non-OPEC at 1Mb/d this year.
US expected to produce 8.1Mb/d by '14: DOE. Up 24% from '12.
Norway awarded 24 new oil/gas exploration licenses, most in Arctic Barents Sea. Their production level set to hit 25-year low. Barents Sea est. to hold up to 7.9B bls oil equivalent.
US installed solar capacity grew 600% over last 5 yrs.
S Korea oil imports from North Sea to fall 50% due to tax charge.
Avg. Tucson El Power power bill going up $3-4/mo July 1. (Where is this low inflation we read about? Power bills going up, pump prices up, food prices up, rent up, you name it.)
New studies show evidence folks living too close to utility-scale wind turbines at risk for increased stress, sleep disturbance. "Infrasound" - low freq noise - affects ears. Wind turbine syndrome.
Japan agreed to offest GHG emissions by transferring energy management tech to Kenya after deals with Mongolia, Bangladesh, Ethiopia already this year. Also sharing tech to protect forests in developing countries.
Goldman Sachs eyeing offshore wind power in Japan. 31Mw offshore capacity now.
German regulator approved 580Mw offshore wind farm.
Ming Yang, China National Nuclear to build 300Mw of wind power in Henan.
Reports of defective solar panels starting to rise. (And how good are 20-year guarantees if company is out of business?) Confidentiality agreements often keep manufacturer's ID secret. Cell, panel makers, chem comps providing special materials cutting corners. May be 2 yrs away from hearing extent of prob. Faulty coatings on panels. "Black solar" coatings.
FRIDAY OPEN
(stock #s in %)
Market down 66/15/5. Volume light. Oil: WTI under $98, Brent over $106. NG $3.77. US industrial output flat in May.
CBEH up 27 on 100 shares. BLDW up 24. CDXS up 20 on news, from bottom (50-day) lines to top 200. BSRC up 18. MKTY, GSPI up 20. WSGP up 9. EWRL up 7. RVLT up 5. ECTY, HIIT up 3. NTCXF up 2. PSON up 1.
BBLU down 27. PSPW down 26. IFXY down 18. CERE down 10, ride over, up from "outperform" from Raymond James. AMSC down 9 after reporting. ZAAP down 3. CERP down 2.
Market down 66/15/5. Volume light. Oil: WTI under $98, Brent over $106. NG $3.77. US industrial output flat in May.
CBEH up 27 on 100 shares. BLDW up 24. CDXS up 20 on news, from bottom (50-day) lines to top 200. BSRC up 18. MKTY, GSPI up 20. WSGP up 9. EWRL up 7. RVLT up 5. ECTY, HIIT up 3. NTCXF up 2. PSON up 1.
BBLU down 27. PSPW down 26. IFXY down 18. CERE down 10, ride over, up from "outperform" from Raymond James. AMSC down 9 after reporting. ZAAP down 3. CERP down 2.
Thursday, June 13, 2013
STUFF
Study: coal power plant pollution causes 22,300 early deaths per year in Europe.
Apache spilled 2.5M gallons toxic gas in Alberta.
Libya oil production fallen under 1Mb/d after sabotage, labor unrest closed oil fields, ports.
EIA: US crude inventory up 2.5M bls last week. Analysts expected drop.
US gasoline demand lowest for this time of yar since '03.
New refineries in Saudi Arabia, China to increase crude demand by 2.3Mb/d between 2-3Q.
EIA increased est. of global recoverable shale oil resources from 32B bls to 345. (Um, missing some info there?)
Egypt threatening military action if Ethiopia continues plan to dam Nile.
IEA: waiting another 7 yrs to draft, let alone implement, new treaty to curb C emissions will increase temps another 2 degrees C, increasing extreme weather, climate change.
Apache spilled 2.5M gallons toxic gas in Alberta.
Libya oil production fallen under 1Mb/d after sabotage, labor unrest closed oil fields, ports.
EIA: US crude inventory up 2.5M bls last week. Analysts expected drop.
US gasoline demand lowest for this time of yar since '03.
New refineries in Saudi Arabia, China to increase crude demand by 2.3Mb/d between 2-3Q.
EIA increased est. of global recoverable shale oil resources from 32B bls to 345. (Um, missing some info there?)
Egypt threatening military action if Ethiopia continues plan to dam Nile.
IEA: waiting another 7 yrs to draft, let alone implement, new treaty to curb C emissions will increase temps another 2 degrees C, increasing extreme weather, climate change.
THURSDAY CLOSE
(stock #s in %)
Market up 180/44/23. Another rebound off 50-day lines. Volume a little soft. Oil: WTI under $97, Brent over $104. Creeping up. "Stronger than expected econ data helped ease concerns about impending start of winding down Fed stimulus." (OK, total bullshit, right?) "Golden age" of dividends.
PSPW up 46, up to bottom (50-day) lines. BLDW up 16, staying above 50s. WSGP up 13, definitely bottoming or going further down (if charlatan.) CCTC up 12. SWET, BSRC up 10. LEDS up 8. CERE up 7. RVLT, XSNX up 5. HIIT up 3. NENE up 1.
BLQN down 38. WTWO down 25. CBEH down 21. ECOS down 16 in trip zeros. BHWX, HOKU, QTMM, SENY down 14. CRGE down 12. GERS, CRCL down 11. HYGS, CREG down 10. ECTY down 8. CERP down 2. NTCXF down 1.
Market up 180/44/23. Another rebound off 50-day lines. Volume a little soft. Oil: WTI under $97, Brent over $104. Creeping up. "Stronger than expected econ data helped ease concerns about impending start of winding down Fed stimulus." (OK, total bullshit, right?) "Golden age" of dividends.
PSPW up 46, up to bottom (50-day) lines. BLDW up 16, staying above 50s. WSGP up 13, definitely bottoming or going further down (if charlatan.) CCTC up 12. SWET, BSRC up 10. LEDS up 8. CERE up 7. RVLT, XSNX up 5. HIIT up 3. NENE up 1.
BLQN down 38. WTWO down 25. CBEH down 21. ECOS down 16 in trip zeros. BHWX, HOKU, QTMM, SENY down 14. CRGE down 12. GERS, CRCL down 11. HYGS, CREG down 10. ECTY down 8. CERP down 2. NTCXF down 1.
THURSDAY NOON
(stock #s in %)
Market up 51/13/6. Volume a little light. Oil: WTI under $96, Brent under $104. NG $3.81.
CABN up 25. PSPW up 25. BLDW up 19. CERE up another 19, day 2 of jump to double, at top (200-day) line. CCTC up 11. WSGP up 6. XSNX up 4. PSON up 2. NENE up 1.
WTWO down 25. GSPI down 20. BHWX, HOKU down 14. GERS down 11. CERP, ZAAP down 7. ECTY down 5 on financial news.
Market up 51/13/6. Volume a little light. Oil: WTI under $96, Brent under $104. NG $3.81.
CABN up 25. PSPW up 25. BLDW up 19. CERE up another 19, day 2 of jump to double, at top (200-day) line. CCTC up 11. WSGP up 6. XSNX up 4. PSON up 2. NENE up 1.
WTWO down 25. GSPI down 20. BHWX, HOKU down 14. GERS down 11. CERP, ZAAP down 7. ECTY down 5 on financial news.
Wednesday, June 12, 2013
STUFF
EIA: will take at least 30 yrs to see US NG prices over $8 again.
Elio Motors car coming to America. 8 gal tank. 80+ MPG. 2-seat tandem. 3 wheels. $6,800.
IG found low BLM lease fees for coal mining on Powder River Basin gave large coal comps tens of millions extra. BLM improperly applying rules for assessing fair market value of minerals.
Mayor Bloomberg proposed $20B plan to adapt NYC to climate change, extreme weather.
Obama to make move soon on climate change.
Cloud computing saves energy.
Study: lifetime costs of EVs competitive with conventional cars.
France's D-Day coast torn over wind farm plans. (Just don't mess with sacred ground. There's plenty of room for wind turbines, oui?)
Greenpeace: glut of EU carbon permits will stymie climate goals.
BC residents raising concerns over province's growing coal industry.
Butamax: butanol can help refiners push through blend wall.
Exelon blaming "subsidized" wind, markets for derailing expansion plans at nuke plants in IL, PA. (Um, there's much safer, cheaper nuke tech coming. Wait for it. What about fossil fuel subsidies?)
Transatomic Power has reactor that runs off spent nuke fuel. Saying current waste stockpile enough to power US for 70 years. Modifications to fluoride molten salt reactor from '60's now Waste Anniliating Molten Salt Reactor. Captures 98% of energy in nuke waste. 50% of this reactor's waste inert in only couple hundred years. US has ~70K tons of nuke waste.
Duke sued over NC coal ash discharges.
Survey: low consumer awareness of E15. (Just assume low consumer awareness of almost anything.)
Study links GM feed to stomach problems in pigs. (Well, if they have stomach probs ...)
Pipe rupture at nuke weapons plant causing fish kill.
Oil spill putting Amazon nations on alert.
Louisiana governor OK'd cap on alt fuel tax cred.
Mora County NM expanded fracking ban to individuals as well as comps.
WY rule to require groundwater sampling before and after drilling.
PA frackers facing "quality of life" lawsuits.
Petronas (Malaysia) to invest $20B into west Canada LNG facility.
In '05, Japan PV solar makers - Sharp, Kyocera, Sanyo, Mitsubishi - were 50% of global PV solar production market. Now coming around again.
USDA announced up to $98.6M (um, human body temp, duh) support for advanced biofuels production.
USEI got high performance results from university lab testing of their patented biofuel.
Armenia bracing for 18% NG price hike from Russia. El prices to increase ~2 cents/Kwh.
Qatar giving Egypt 5 shipments of LNG. Giving.
UK reviewing N Sea oil rigs to find out how to increase production.
NY residential el rates tops in continental US. 58% above avg.
Arch Coal closed 2 mines.
Saud's Aramco to eval Soitec's (FR) CPV solar systems for utility-scale deploy.
Hokkaido facing grid congestion with solar applications surplus.
LUKERG Renew to continue with 84Mw Romanian wind farm despite fresh subsidy cuts.
PSO issued RFP for up to 200Mw of wind energy in OK. (They have had a lot of wind lately.)
Kuwait launched 70Mw clean/renewable energy tender.
Cennergi closed on $700M financing for 229Mw of wind power in S Africa.
UK crown estate to lease sites for floating offshore wind tech tests.
US govt raised social cost of carbon to $38 per metric ton in '15 from $23.80. Found in rule on microwave ovens. (Wasn't that a Dire Straits song?) NRDC est. cost of C up to $266/ton.
Elio Motors car coming to America. 8 gal tank. 80+ MPG. 2-seat tandem. 3 wheels. $6,800.
IG found low BLM lease fees for coal mining on Powder River Basin gave large coal comps tens of millions extra. BLM improperly applying rules for assessing fair market value of minerals.
Mayor Bloomberg proposed $20B plan to adapt NYC to climate change, extreme weather.
Obama to make move soon on climate change.
Cloud computing saves energy.
Study: lifetime costs of EVs competitive with conventional cars.
France's D-Day coast torn over wind farm plans. (Just don't mess with sacred ground. There's plenty of room for wind turbines, oui?)
Greenpeace: glut of EU carbon permits will stymie climate goals.
BC residents raising concerns over province's growing coal industry.
Butamax: butanol can help refiners push through blend wall.
Exelon blaming "subsidized" wind, markets for derailing expansion plans at nuke plants in IL, PA. (Um, there's much safer, cheaper nuke tech coming. Wait for it. What about fossil fuel subsidies?)
Transatomic Power has reactor that runs off spent nuke fuel. Saying current waste stockpile enough to power US for 70 years. Modifications to fluoride molten salt reactor from '60's now Waste Anniliating Molten Salt Reactor. Captures 98% of energy in nuke waste. 50% of this reactor's waste inert in only couple hundred years. US has ~70K tons of nuke waste.
Duke sued over NC coal ash discharges.
Survey: low consumer awareness of E15. (Just assume low consumer awareness of almost anything.)
Study links GM feed to stomach problems in pigs. (Well, if they have stomach probs ...)
Pipe rupture at nuke weapons plant causing fish kill.
Oil spill putting Amazon nations on alert.
Louisiana governor OK'd cap on alt fuel tax cred.
Mora County NM expanded fracking ban to individuals as well as comps.
WY rule to require groundwater sampling before and after drilling.
PA frackers facing "quality of life" lawsuits.
Petronas (Malaysia) to invest $20B into west Canada LNG facility.
In '05, Japan PV solar makers - Sharp, Kyocera, Sanyo, Mitsubishi - were 50% of global PV solar production market. Now coming around again.
USDA announced up to $98.6M (um, human body temp, duh) support for advanced biofuels production.
USEI got high performance results from university lab testing of their patented biofuel.
Armenia bracing for 18% NG price hike from Russia. El prices to increase ~2 cents/Kwh.
Qatar giving Egypt 5 shipments of LNG. Giving.
UK reviewing N Sea oil rigs to find out how to increase production.
NY residential el rates tops in continental US. 58% above avg.
Arch Coal closed 2 mines.
Saud's Aramco to eval Soitec's (FR) CPV solar systems for utility-scale deploy.
Hokkaido facing grid congestion with solar applications surplus.
LUKERG Renew to continue with 84Mw Romanian wind farm despite fresh subsidy cuts.
PSO issued RFP for up to 200Mw of wind energy in OK. (They have had a lot of wind lately.)
Kuwait launched 70Mw clean/renewable energy tender.
Cennergi closed on $700M financing for 229Mw of wind power in S Africa.
UK crown estate to lease sites for floating offshore wind tech tests.
US govt raised social cost of carbon to $38 per metric ton in '15 from $23.80. Found in rule on microwave ovens. (Wasn't that a Dire Straits song?) NRDC est. cost of C up to $266/ton.
WEDNESDAY CLOSE
(stock #s in %)
Market down 126/36/13. Volume slightly light. Oil: WTI under $96, Brent under $104. NG $3.77. US forecasting bigger grains harvest than expected.
CERE up 77. CPWY up 67. AEHI up 66. ASIUF up 27. ASPW up 25. CSGH up 25. CREG up 16. BBLU up 15. VSPC up 14. TMEN, HOKU, CRGE up 13. GPRC, BHWX up 12. CSKH up 11. XSNX up 6. PSON, WSGP up 5. HIIT up 4. ECTY up 1.
AMLM down 37, 700 shares. PPRW, SATCQ down 33. USEI down 32. EWRL down 26. ECOS down 25. BFRE, AQNM down 21. CABN down 20. PRHL down 19. BLDW down 16. KNDI down 14. ORYN down 13. LEDS down 11. FSLR, GWBU down 10. CERP down 3.
Market down 126/36/13. Volume slightly light. Oil: WTI under $96, Brent under $104. NG $3.77. US forecasting bigger grains harvest than expected.
CERE up 77. CPWY up 67. AEHI up 66. ASIUF up 27. ASPW up 25. CSGH up 25. CREG up 16. BBLU up 15. VSPC up 14. TMEN, HOKU, CRGE up 13. GPRC, BHWX up 12. CSKH up 11. XSNX up 6. PSON, WSGP up 5. HIIT up 4. ECTY up 1.
AMLM down 37, 700 shares. PPRW, SATCQ down 33. USEI down 32. EWRL down 26. ECOS down 25. BFRE, AQNM down 21. CABN down 20. PRHL down 19. BLDW down 16. KNDI down 14. ORYN down 13. LEDS down 11. FSLR, GWBU down 10. CERP down 3.
WEDNESDAY SO FAR
(stock #s in %)
Market down 42/15/4. Volume slightly light. Oil: WTI ~$96, Brent under $104. NG $3.76. US inflation at 53-year low. Up 1.1% 12 months through April. Records started in '60.
CERE up 74, heavy volume, over 50-day lines approaching 200-days. CPWY up 67. PTOS up 59, back to top, over all lines. CREG up 15, over all lines. XIDE up 12 more in day 2 of rebound. XSNX up 12. SWET up 12. VSPC up 11. NTCXF up 5. HIIT up 4.
CRGE down 54. PPRW, SATCQ down 33. USEI down 32. IFXY down 26 on 400 shares. ECOS down 25. PRHL down 23. XDSL down 15. KNDI down 14, day 2 of fall off from top. ORYN down 13. EWRL down 12. GWBU down 10. LEDS down 8. ZAAP down 7. CERP down 3.
Market down 42/15/4. Volume slightly light. Oil: WTI ~$96, Brent under $104. NG $3.76. US inflation at 53-year low. Up 1.1% 12 months through April. Records started in '60.
CERE up 74, heavy volume, over 50-day lines approaching 200-days. CPWY up 67. PTOS up 59, back to top, over all lines. CREG up 15, over all lines. XIDE up 12 more in day 2 of rebound. XSNX up 12. SWET up 12. VSPC up 11. NTCXF up 5. HIIT up 4.
CRGE down 54. PPRW, SATCQ down 33. USEI down 32. IFXY down 26 on 400 shares. ECOS down 25. PRHL down 23. XDSL down 15. KNDI down 14, day 2 of fall off from top. ORYN down 13. EWRL down 12. GWBU down 10. LEDS down 8. ZAAP down 7. CERP down 3.
Tuesday, June 11, 2013
TUESDAY CLOSE
(stock #s in %)
Market down 116/36/16. Volume slightly light. Oil: WTI under $95, Brent under $103. NG $3.72.
AMLM up 61, lithium miner, but low volume on price, probably just showing off. USEI up 55, huge volume, day 4 of something from 50-day lines, quadruple hit today, ended over top line. MGLT up 36 on 2K shares. CABN up 35, volume building for month on bottom. WWPW up 34 on 2K off bottom. SATCQ up 32 in bankruptcy on 16K. (It's in the blog description - the froth, the stealth, the future.) AEHI up 20, 18K shares under penny, really. XIDE up 18 on bankruptcy rebound, news. SENY up 17, back to top, a double off top lines from first of month. GSPI up 17 at near .3 cents, 83K. ORYN up 16, 2.5K shares, coasting along possible double bottom. NFEC up 14, jump back over bottom (50-day) lines on 50K. ECOS up 14 on 35M, point triple zero price. ASPW up 13 on 1200, bottom. CSKH up 12, another point trip zero. CERE up 11 off bottom, may actually be bottom. ALTI up 10, bottoming, back over bottom (50s) lines, nanotech batts. CERP up 9 on their India orders, strong volume. ECTY up 6, leveling at a little off 2 tops. PSON, EWRL up 3. LEDS up 2.
CPWY down 42. Maybe crazy rebound tomorrow, who knows. CSGH down 26 on 1K. (Froth, stealth, the future and crazy nuts.) MKTY down 25, back to top (50) line after yesterday's surge. ENSL down 17. FSLR down 14, putting up 8.5M more shares for sale, back to high 40's. PPRW, GERS down 14. EFOI down 13, looks like still coming back to top line after May uberdouble. LEDs. AONEQ, RSOL, SWET, HOKU down 11. RNWEF down 10 on 125 shares. Just saying. What the hell is that? ZAAP down 7. WSGP, HIIT down 4. XSNX down 3, back to buyville. NTCXF down 2, could be buyville all over again. RVLT down 1.
Happy trailers, pards.
Market down 116/36/16. Volume slightly light. Oil: WTI under $95, Brent under $103. NG $3.72.
AMLM up 61, lithium miner, but low volume on price, probably just showing off. USEI up 55, huge volume, day 4 of something from 50-day lines, quadruple hit today, ended over top line. MGLT up 36 on 2K shares. CABN up 35, volume building for month on bottom. WWPW up 34 on 2K off bottom. SATCQ up 32 in bankruptcy on 16K. (It's in the blog description - the froth, the stealth, the future.) AEHI up 20, 18K shares under penny, really. XIDE up 18 on bankruptcy rebound, news. SENY up 17, back to top, a double off top lines from first of month. GSPI up 17 at near .3 cents, 83K. ORYN up 16, 2.5K shares, coasting along possible double bottom. NFEC up 14, jump back over bottom (50-day) lines on 50K. ECOS up 14 on 35M, point triple zero price. ASPW up 13 on 1200, bottom. CSKH up 12, another point trip zero. CERE up 11 off bottom, may actually be bottom. ALTI up 10, bottoming, back over bottom (50s) lines, nanotech batts. CERP up 9 on their India orders, strong volume. ECTY up 6, leveling at a little off 2 tops. PSON, EWRL up 3. LEDS up 2.
CPWY down 42. Maybe crazy rebound tomorrow, who knows. CSGH down 26 on 1K. (Froth, stealth, the future and crazy nuts.) MKTY down 25, back to top (50) line after yesterday's surge. ENSL down 17. FSLR down 14, putting up 8.5M more shares for sale, back to high 40's. PPRW, GERS down 14. EFOI down 13, looks like still coming back to top line after May uberdouble. LEDs. AONEQ, RSOL, SWET, HOKU down 11. RNWEF down 10 on 125 shares. Just saying. What the hell is that? ZAAP down 7. WSGP, HIIT down 4. XSNX down 3, back to buyville. NTCXF down 2, could be buyville all over again. RVLT down 1.
Happy trailers, pards.
STUFF
Volvo unveiled NG passenger vehicle.
China, other countries to finance Panama Canal bypass through Nicaragua. $40B, 11-year build, 130 miles of channel. Nicaragua final approval this week. Over $5B expansion of Panama Canal completion this year, doubling cap to 600M tons/yr.
Goldman Sachs analysis questions ability of Canada tar sands producers to meet growth targets without Keystone pipeline.
Study: tar sands waste leaks among major threats to Canada's largest river.
EPA study: Keystone pipe would contribute 19M tons of GHGs to atmos per year. Mainly from turning bitumen into crude.
EPA missed 6th deadline to propose new regs to curb stormwater runoff.
Duke started ops at Indiana coal-fired power plant they call 1 of cleanest on planet.
Scientist found chem group called phenolics may help organic soils store more carbon, protect plants from disease, pests.
World Resources Inst: China has at least $40B in clean/renewable assets apread around world.
Switch from coal to NG for power gen in US last year helped cut CO2 emissions 200M tons. China had largest growth in CO2 emiss - 300M tons.
IEA wants govts to:
1, target energy efficiency measures in bldgs, industry, transport;
2, limit construction, use of least-efficient coal-fired power plants;
3, halve methane releases into atmos from oil/gas industry;
4, partially phase-out fossil fuels susbsidies.
Energy expert: plant-by-plant analysis found 200Gw of 220Gw of Europe's thermal power sector is losing money or barely recovering costs. RWE CEO: we spent EUR12B in power plants now proven nearly redundant.
Beta Renewables (Italy) started shipping cellulosic ethanol in commercial quantities from 20M gal/yr plant.
Novozymes' new ethanol enzyme tech boosts yields to 2.9gal/bushel corn. Adds 13% yield in corn oil extraction - saving 5% in corn use, 8% energy use. 100M gal/yr plant would save up to 1.8M bushels (45K tons) of corn/yr, generate up to $5M more profit.
Mascoma, partner's new yeasts boost ethanol production up to 4% in trials. Elims expensive GA enzymes.
Sudan shut down oil pipelines, accusing S Sudan of helping rebs.
ABB developing high-capacity "flash charge" system for electric buses, trams. "Flash stations" can charge vehicles' capacitors in 15 seconds from grid with overhead swinging arm.
Finland's largest power utility bought 5Mw thin-film solar plant in India. Comp wants to build solar portfolio in India.
Vestas won $213M, 94Mw order for GDF Suez wind farm in S Africa. Online May '15. 2Mw turbines. S Africa plans to add over 3.7Gw clean/renewable energy by '17, another 3.2Gw by '20.
Clean energy, biofuels to benefit from $500B US Farm Bill passed by Senate.
Goldpoly closed $270M deal to buy China Merchants New Energy.
Fed appeals court ruled last week it is unconstitutional for Mich to discriminate against out-of-state clean/renewable energy. Helps clean/ren prospects in grid buildout.
China, other countries to finance Panama Canal bypass through Nicaragua. $40B, 11-year build, 130 miles of channel. Nicaragua final approval this week. Over $5B expansion of Panama Canal completion this year, doubling cap to 600M tons/yr.
Goldman Sachs analysis questions ability of Canada tar sands producers to meet growth targets without Keystone pipeline.
Study: tar sands waste leaks among major threats to Canada's largest river.
EPA study: Keystone pipe would contribute 19M tons of GHGs to atmos per year. Mainly from turning bitumen into crude.
EPA missed 6th deadline to propose new regs to curb stormwater runoff.
Duke started ops at Indiana coal-fired power plant they call 1 of cleanest on planet.
Scientist found chem group called phenolics may help organic soils store more carbon, protect plants from disease, pests.
World Resources Inst: China has at least $40B in clean/renewable assets apread around world.
Switch from coal to NG for power gen in US last year helped cut CO2 emissions 200M tons. China had largest growth in CO2 emiss - 300M tons.
IEA wants govts to:
1, target energy efficiency measures in bldgs, industry, transport;
2, limit construction, use of least-efficient coal-fired power plants;
3, halve methane releases into atmos from oil/gas industry;
4, partially phase-out fossil fuels susbsidies.
Energy expert: plant-by-plant analysis found 200Gw of 220Gw of Europe's thermal power sector is losing money or barely recovering costs. RWE CEO: we spent EUR12B in power plants now proven nearly redundant.
Beta Renewables (Italy) started shipping cellulosic ethanol in commercial quantities from 20M gal/yr plant.
Novozymes' new ethanol enzyme tech boosts yields to 2.9gal/bushel corn. Adds 13% yield in corn oil extraction - saving 5% in corn use, 8% energy use. 100M gal/yr plant would save up to 1.8M bushels (45K tons) of corn/yr, generate up to $5M more profit.
Mascoma, partner's new yeasts boost ethanol production up to 4% in trials. Elims expensive GA enzymes.
Sudan shut down oil pipelines, accusing S Sudan of helping rebs.
ABB developing high-capacity "flash charge" system for electric buses, trams. "Flash stations" can charge vehicles' capacitors in 15 seconds from grid with overhead swinging arm.
Finland's largest power utility bought 5Mw thin-film solar plant in India. Comp wants to build solar portfolio in India.
Vestas won $213M, 94Mw order for GDF Suez wind farm in S Africa. Online May '15. 2Mw turbines. S Africa plans to add over 3.7Gw clean/renewable energy by '17, another 3.2Gw by '20.
Clean energy, biofuels to benefit from $500B US Farm Bill passed by Senate.
Goldpoly closed $270M deal to buy China Merchants New Energy.
Fed appeals court ruled last week it is unconstitutional for Mich to discriminate against out-of-state clean/renewable energy. Helps clean/ren prospects in grid buildout.
TUESDAY OPEN
(stock #s in %)
Market down 77/20/10. Volume normal. Oil: WTI under $95, Brent under $103. NG $3.77. Bank of Japan left stimulus unchanged. UK mining up, manufacturing down, overall industrial production up.
USEI, AMLM up 60. MGLT up 36. XIDE up 22 on rebound. LEXG up 14. ASPW up 13. ABAT, TMEN up 11. LEDS up 6. CERP up 4 on India orders. RVLT up 3. PSON up 3. ECTY, ZAAP up 2. NENE up 1.
ENSL down 18. WSGP down 14. CCTC, PSPW down 10. RSOL down 9. XSNX down 6. EWRL down 5. NTCXF down 1.
Market down 77/20/10. Volume normal. Oil: WTI under $95, Brent under $103. NG $3.77. Bank of Japan left stimulus unchanged. UK mining up, manufacturing down, overall industrial production up.
USEI, AMLM up 60. MGLT up 36. XIDE up 22 on rebound. LEXG up 14. ASPW up 13. ABAT, TMEN up 11. LEDS up 6. CERP up 4 on India orders. RVLT up 3. PSON up 3. ECTY, ZAAP up 2. NENE up 1.
ENSL down 18. WSGP down 14. CCTC, PSPW down 10. RSOL down 9. XSNX down 6. EWRL down 5. NTCXF down 1.
Monday, June 10, 2013
MONDAY CLOSE
(stock #s in %)
Market flat and mixed. Volume light. Oil: WTI under $96, Brent under $104. NG $3.79.
AEHI up 66. BSRC up 54 off bottom, possible double bottom. KNDI up 38, day 4 of jump to double, new high. WTWO up 33. RSOL up 30 off top line, reversing slide after 2-day triple last month. MGLT up 28, up to bottom (50-day) lines. PLUG up 25, up near top (200-day) lines, double since early May. CBAK up 24, stopped 2-day slide back to bottom (50-day) lines. IFXY up 23, back to bottom 200-day line from 50s. WSGP up 19 off bottom. HOKU up 19 to 3 bottom lines. PRHL up 17. SOPW up 16. ECOS up 16. CSIQ up 15, back to top, quintuple from Nov. HIIT up 13. JASO up 12, reversing several-week slide. ASIUF up 12. LEDS up 11. LTBR up 10. ZAAP up 8. CERP, RVLT, PSON up 6.
CABN down 51. PTOS down 37. ASPW down 30. GSPI down 25. MMMW down 23. PPRW down 22. XDSL down 17. ENZR down 14. ORYN down 14. AONEQ, LEXG, EWRL down 12. AMBT, TMEN down 10. NTCXF down 6. ECTY down 3.
Market flat and mixed. Volume light. Oil: WTI under $96, Brent under $104. NG $3.79.
AEHI up 66. BSRC up 54 off bottom, possible double bottom. KNDI up 38, day 4 of jump to double, new high. WTWO up 33. RSOL up 30 off top line, reversing slide after 2-day triple last month. MGLT up 28, up to bottom (50-day) lines. PLUG up 25, up near top (200-day) lines, double since early May. CBAK up 24, stopped 2-day slide back to bottom (50-day) lines. IFXY up 23, back to bottom 200-day line from 50s. WSGP up 19 off bottom. HOKU up 19 to 3 bottom lines. PRHL up 17. SOPW up 16. ECOS up 16. CSIQ up 15, back to top, quintuple from Nov. HIIT up 13. JASO up 12, reversing several-week slide. ASIUF up 12. LEDS up 11. LTBR up 10. ZAAP up 8. CERP, RVLT, PSON up 6.
CABN down 51. PTOS down 37. ASPW down 30. GSPI down 25. MMMW down 23. PPRW down 22. XDSL down 17. ENZR down 14. ORYN down 14. AONEQ, LEXG, EWRL down 12. AMBT, TMEN down 10. NTCXF down 6. ECTY down 3.
STUFF
Conergy (Germany) installing PV solar systems in Spain that gen power at grid-competitive rates without subsidies. 56 projects so far, total near 1Mw. Solar becoming as cheap as other power sources in S Africa, Brazil too.
Palo Alto streamlining permitting process for solar systems.
Est. 60B bls of oil in Macos Shale - west Colo, NM.
DOI approved Solar Reserve's 100Mw AZ project on BLM land. Concentrated solar with power storage. $600M. SR's 110Mw CSP project in Nevada online late this year.
Greenwood Biosar started building 2.4Mw solar PV plant in VT.
S Cal Ed permanently shutting down San Onofre nuke plant. Shut since Jan '12 after radioactive steam escaped. 3rd, 4th reactors to be retired this year in US. $2.7B saved for decommissioning.
Danube River reaching historic highs. Worst flooding all over Europe in over a decade.
US, China agreeing to rachet down GHGs from refrigerants - HFCs.
IEA warning of looming climate crisis, calling for immediate action.
Spain looking to cut clean/renewable energy subsidies again as national debt balloons.
Satellite images showing expanding vegetation in deserts.
Wash. legislators hired climate consultant.
Scotland fell short of CO2 reduction targets again.
Extreme summer conditions unlikely in North Hemisphere. Will keep power demand for AC down, less demand for NG, coal.
NASA: fires burned 3% of Amazon Basin in 12 yrs.
Experts urging TX to focus on Mexico acquifers.
China, India, Japan, S Korea, Turkey cut Iran oil imports to total 750Kb/d in April from 1.1M in March. Japan imported virtually no Iran oil in April.
Coal use in most polluted regions of China to be cut 100M tons/yr - about 25% - by end of '15. Expected to ban expansion of high polluting industry near major cities. Also to reduce coal use 100M tons more in industrial cities along Yangtze, Pearl Rivers. And plan to build $100B of ultra high volt power lines to move power gen plants away from cities. But analysts say China still likely to consume 5B tons of coal in '20, 7B by '30.
China already buys half the oil Iraq produces - near 1.5Mb/d. Bidding for stake owned by Exxon in 1 of Iraq's largest oil fields.
Tokyo El Power detected radioactive cesium in groundwater flowing into Fukushima nuke plant. Reverses earlier finding.
Oil reserves in Gabon Basin may rival Brazil's deep offshore discoveries. Preparing licensing round. But Gabon grabbed assets of 3 oil comps recently.
Columbia now producing over 1Mb/d of oil.
CNOOC partnered with Iceland comp to explore, produce oil/gas offshore Iceland.
Canada crude output to more than double to 6.7Mb/d by '30. Oil sands production to rise to 5.2Mb/d from 1.8M now.
Sierra Club: avg. coal train car loses some 3,500 lbs of coal dust per trip. Ends up in waterways. To sue Burlington Northern.
High oil prices starting to affect China, India. Lower demand.
NREL teaming with Navy, 2 comps to demo jet fuel can be made economically in large quantities from switchgrass. Butanol a middle product. Process expected to result in 95% GHGs reduction v. current production of jet fuel.
Econ downturn, weather blamed for big drop in Brazil ethanol supply, demand.
Norway tax increase forcing Statoil to delay $15.5B Arctic project.
Coal India (produces 90% of India's coal) to build 2Mw solar power plant to reduce energy costs.
EIA new assessment of world shale oil/gas est. tight oil resources could be 345B bls. Shale gas est. up 10% from '11 to 7,300TCF. US oil production now 30% of world total. NG production 40% of world. Shale oil resources greatest in Russia, US, China. Shale gas greatest in China, Argentina, Algeria. Shale resources 32% of world NG total, 10% of total oil.
Canadian Solar (CSIQ) to build 130Mw solar power plant for Samsung unit in Ontario for $304M. Q3 start, '15 completion.
SoftBank, Mitsui, Green Power Investment to build 48Mw wind farm in Japan. Online 1H16.
UK report: planned $39B tidal "dam" to gen up to 5% of England's power not economic, may pose enviro risk.
US Northeast carbon offset quarterly sale raised record $125M. 38.8M allowances for $3.21 each, up from $2.80 in March. RGGI slashed next year's supply by almost half.
Future Capital Partners to raise $11M for next stage of developing $250M wheat-to-ethanol refinery in England.
Palo Alto streamlining permitting process for solar systems.
Est. 60B bls of oil in Macos Shale - west Colo, NM.
DOI approved Solar Reserve's 100Mw AZ project on BLM land. Concentrated solar with power storage. $600M. SR's 110Mw CSP project in Nevada online late this year.
Greenwood Biosar started building 2.4Mw solar PV plant in VT.
S Cal Ed permanently shutting down San Onofre nuke plant. Shut since Jan '12 after radioactive steam escaped. 3rd, 4th reactors to be retired this year in US. $2.7B saved for decommissioning.
Danube River reaching historic highs. Worst flooding all over Europe in over a decade.
US, China agreeing to rachet down GHGs from refrigerants - HFCs.
IEA warning of looming climate crisis, calling for immediate action.
Spain looking to cut clean/renewable energy subsidies again as national debt balloons.
Satellite images showing expanding vegetation in deserts.
Wash. legislators hired climate consultant.
Scotland fell short of CO2 reduction targets again.
Extreme summer conditions unlikely in North Hemisphere. Will keep power demand for AC down, less demand for NG, coal.
NASA: fires burned 3% of Amazon Basin in 12 yrs.
Experts urging TX to focus on Mexico acquifers.
China, India, Japan, S Korea, Turkey cut Iran oil imports to total 750Kb/d in April from 1.1M in March. Japan imported virtually no Iran oil in April.
Coal use in most polluted regions of China to be cut 100M tons/yr - about 25% - by end of '15. Expected to ban expansion of high polluting industry near major cities. Also to reduce coal use 100M tons more in industrial cities along Yangtze, Pearl Rivers. And plan to build $100B of ultra high volt power lines to move power gen plants away from cities. But analysts say China still likely to consume 5B tons of coal in '20, 7B by '30.
China already buys half the oil Iraq produces - near 1.5Mb/d. Bidding for stake owned by Exxon in 1 of Iraq's largest oil fields.
Tokyo El Power detected radioactive cesium in groundwater flowing into Fukushima nuke plant. Reverses earlier finding.
Oil reserves in Gabon Basin may rival Brazil's deep offshore discoveries. Preparing licensing round. But Gabon grabbed assets of 3 oil comps recently.
Columbia now producing over 1Mb/d of oil.
CNOOC partnered with Iceland comp to explore, produce oil/gas offshore Iceland.
Canada crude output to more than double to 6.7Mb/d by '30. Oil sands production to rise to 5.2Mb/d from 1.8M now.
Sierra Club: avg. coal train car loses some 3,500 lbs of coal dust per trip. Ends up in waterways. To sue Burlington Northern.
High oil prices starting to affect China, India. Lower demand.
NREL teaming with Navy, 2 comps to demo jet fuel can be made economically in large quantities from switchgrass. Butanol a middle product. Process expected to result in 95% GHGs reduction v. current production of jet fuel.
Econ downturn, weather blamed for big drop in Brazil ethanol supply, demand.
Norway tax increase forcing Statoil to delay $15.5B Arctic project.
Coal India (produces 90% of India's coal) to build 2Mw solar power plant to reduce energy costs.
EIA new assessment of world shale oil/gas est. tight oil resources could be 345B bls. Shale gas est. up 10% from '11 to 7,300TCF. US oil production now 30% of world total. NG production 40% of world. Shale oil resources greatest in Russia, US, China. Shale gas greatest in China, Argentina, Algeria. Shale resources 32% of world NG total, 10% of total oil.
Canadian Solar (CSIQ) to build 130Mw solar power plant for Samsung unit in Ontario for $304M. Q3 start, '15 completion.
SoftBank, Mitsui, Green Power Investment to build 48Mw wind farm in Japan. Online 1H16.
UK report: planned $39B tidal "dam" to gen up to 5% of England's power not economic, may pose enviro risk.
US Northeast carbon offset quarterly sale raised record $125M. 38.8M allowances for $3.21 each, up from $2.80 in March. RGGI slashed next year's supply by almost half.
Future Capital Partners to raise $11M for next stage of developing $250M wheat-to-ethanol refinery in England.
MONDAY OPEN
(stock #s in %)
Market up 8/9/1. Volume normal. Oil: WTI under $96, Brent over $104. NG $3.84. S&P: US outlook "stable".
BSRC up 59 on 400 shares. ECOS up 50. WTWO up 33. WWPW up 19. CHGI up 13. GERS up 13. CBEH up 12. RSOL up 12 off top (50-day) line. XSNX up 11. LEDS up 11, day 2 back above top (200-day) line. HIIT up 11 off top (50s) lines. RVLT up 10, back to top. WSGP up 10. CERP up 8. PLUG up 7. PSON up 6 on news of revenue generation. SCTY up 5, lockout to expire. NENE up 1. ECTY up 1.
CABN down 40. BHWX down 25. GSPI down 25. ORYN down 19. EWRL down 17. XIDE down 17, filed bankruptcy. ENZR down 11. ZAAP down 7. NTCXF down 4.
Market up 8/9/1. Volume normal. Oil: WTI under $96, Brent over $104. NG $3.84. S&P: US outlook "stable".
BSRC up 59 on 400 shares. ECOS up 50. WTWO up 33. WWPW up 19. CHGI up 13. GERS up 13. CBEH up 12. RSOL up 12 off top (50-day) line. XSNX up 11. LEDS up 11, day 2 back above top (200-day) line. HIIT up 11 off top (50s) lines. RVLT up 10, back to top. WSGP up 10. CERP up 8. PLUG up 7. PSON up 6 on news of revenue generation. SCTY up 5, lockout to expire. NENE up 1. ECTY up 1.
CABN down 40. BHWX down 25. GSPI down 25. ORYN down 19. EWRL down 17. XIDE down 17, filed bankruptcy. ENZR down 11. ZAAP down 7. NTCXF down 4.
Saturday, June 8, 2013
FRIDAY CLOSE
(stock #s in %)
Market up 207/45/20. Volume very heavy. Oil: WTI ~$96, Brent over $104. NG $3.82.
PTOS up 81. WTWO up 50. MKTY up 47. IFXY up 29. CABN up 21. GWBU up 20. OPTT, ORYN, BLDP up 16. PRHL up 13. PPRW up 12. GEVO, EVSI, GSFVF up 10. PSON up 5. ECTY, LEDS up 4. NTCXF up 3. RVLT up 2.
XIDE, AEHI down 40. CRCL down 33. BSRC down 30. ASIUF down 27. ECOS down 25. SATCQ down 24. WWPW down 16. ASPW down 13. CPWY, GERS down 12. ZNNMF down 11. HIIT down 9. CERP down 6. WSGP down 4. NENE down 2.
Market up 207/45/20. Volume very heavy. Oil: WTI ~$96, Brent over $104. NG $3.82.
PTOS up 81. WTWO up 50. MKTY up 47. IFXY up 29. CABN up 21. GWBU up 20. OPTT, ORYN, BLDP up 16. PRHL up 13. PPRW up 12. GEVO, EVSI, GSFVF up 10. PSON up 5. ECTY, LEDS up 4. NTCXF up 3. RVLT up 2.
XIDE, AEHI down 40. CRCL down 33. BSRC down 30. ASIUF down 27. ECOS down 25. SATCQ down 24. WWPW down 16. ASPW down 13. CPWY, GERS down 12. ZNNMF down 11. HIIT down 9. CERP down 6. WSGP down 4. NENE down 2.
Friday, June 7, 2013
STUFF
Nova Scotia Power plant now burning tar sands petcoke from city block on Detroit River. Cheaper than NG. High carbon, high sulfur. Bitumen refinery in Windsor producing petcoke waste faster than it gets shipped out.
Kazakhistan beginning program to develop clean/ren energy.
EC proposing limit on international carbon offsets.
China's new EV incentives expected by end of June.
Cellena (Cal) multi-year agreement with Neste Oil for commercial-scale quantities of algae oil feedstock for biofuels. Starting late '15.
E.ON (Germany) to buy 5M tons LNG/yr for 20 yrs starting in '20 from Canada's Pieridae Energy. 10M ton/yr capacity LNG plant to be built on Can east coast to process shale gas.
"Perfect storm of refining outages" causing over $4/gal pump prices in Great Lakes region. (Yea, right.)
Iran building new heavy water nuke reactor. Could be finished early in '14. Refusing to provide internationally required design info to IAEA. Plutonium waste could be processed for bombs. Iran says it will be used for med, ag research. (Yea, really, give these guys bent on world domination of sharia law leeway on their word. Not. They should be banned from UN membership on this action alone.)
Gabon to seize oil field from Sinopec subsid as contract dispute worsens. Gabon already seized control of another field in Jan. 2 other oil comps face similar action.
Japan PM Abe announced $302B plan to restructure their elgen industry to boost competition, clean/ren installs. No mention of restarting nukes. 10 regional power comps own over 70% of elgen cap, control transmission and distribution nets.
IL Commerce Commission approved aceelerated deploy of smart meters to Com Ed customers. Installs start in Sept, continue through '21.
NRC ordered 31 nuke plants - 1/3 of US reactors - to make upgrades on venting systems in case of accidents.
Scatec Solar (Norway) to sell solar power for 20 yrs to Eskom in S Africa. Expected online end of '14. 115Mw from 2 projects.
IDFC (India) to increase India wind power investment. $44M next 6 months. Goldman Sachs to raise investment in India's ReNew Wind Power by $135-385M.
Mass. Green Bonds auction hot, other bonds not. Green Bonds lured up to 9 new institutional investors, 30% oversubscribed.
Verizon to install Bloom Energy fuel cells as part of $100M clean energy investment program to convert 19 US sites to solar or fuel cell power. Goal to cut carbon intensity in half by '20. Bloom Energy makes solid oxide fuel cells.
LMRMF (Canada) - Lomiko Metals - added 2 graphene experts to create R&D dept.
NRG Yield filed for $400M IPO.
San'an Optolectronics buying LED producer Luminus Devices for $22M.
Jinko Solar Q1 loss $21M.
Mainstream Renewable, Actis launching $1.4B Chile-based JV.
Studies: Ag irrigation subsidies lead to excessive water use. (How much spent on that common sense?)
IL board ruled against Ameren's pollution waiver transfer.
TX site started taking Fed radioactive refuse.
Kazakhistan beginning program to develop clean/ren energy.
EC proposing limit on international carbon offsets.
China's new EV incentives expected by end of June.
Cellena (Cal) multi-year agreement with Neste Oil for commercial-scale quantities of algae oil feedstock for biofuels. Starting late '15.
E.ON (Germany) to buy 5M tons LNG/yr for 20 yrs starting in '20 from Canada's Pieridae Energy. 10M ton/yr capacity LNG plant to be built on Can east coast to process shale gas.
"Perfect storm of refining outages" causing over $4/gal pump prices in Great Lakes region. (Yea, right.)
Iran building new heavy water nuke reactor. Could be finished early in '14. Refusing to provide internationally required design info to IAEA. Plutonium waste could be processed for bombs. Iran says it will be used for med, ag research. (Yea, really, give these guys bent on world domination of sharia law leeway on their word. Not. They should be banned from UN membership on this action alone.)
Gabon to seize oil field from Sinopec subsid as contract dispute worsens. Gabon already seized control of another field in Jan. 2 other oil comps face similar action.
Japan PM Abe announced $302B plan to restructure their elgen industry to boost competition, clean/ren installs. No mention of restarting nukes. 10 regional power comps own over 70% of elgen cap, control transmission and distribution nets.
IL Commerce Commission approved aceelerated deploy of smart meters to Com Ed customers. Installs start in Sept, continue through '21.
NRC ordered 31 nuke plants - 1/3 of US reactors - to make upgrades on venting systems in case of accidents.
Scatec Solar (Norway) to sell solar power for 20 yrs to Eskom in S Africa. Expected online end of '14. 115Mw from 2 projects.
IDFC (India) to increase India wind power investment. $44M next 6 months. Goldman Sachs to raise investment in India's ReNew Wind Power by $135-385M.
Mass. Green Bonds auction hot, other bonds not. Green Bonds lured up to 9 new institutional investors, 30% oversubscribed.
Verizon to install Bloom Energy fuel cells as part of $100M clean energy investment program to convert 19 US sites to solar or fuel cell power. Goal to cut carbon intensity in half by '20. Bloom Energy makes solid oxide fuel cells.
LMRMF (Canada) - Lomiko Metals - added 2 graphene experts to create R&D dept.
NRG Yield filed for $400M IPO.
San'an Optolectronics buying LED producer Luminus Devices for $22M.
Jinko Solar Q1 loss $21M.
Mainstream Renewable, Actis launching $1.4B Chile-based JV.
Studies: Ag irrigation subsidies lead to excessive water use. (How much spent on that common sense?)
IL board ruled against Ameren's pollution waiver transfer.
TX site started taking Fed radioactive refuse.
FRIDAY OPEN
(stock #s in %)
Market up 175/29/16. Volume normal. Oil: WTI over $95, Brent over $104. NG $3.84. 175K new jobs. Total net worth of US households hit new record in 1Q. Over $70T.
CRGE up 66. CHGI up 20, possible double bottom. PRHL up 13. OPTT up 12, another possible double bottom. ECTY up 7, day 3 of new run back to top. XSNX up 5. LEDS up 4, back above top (200-day) line. PSON up 2, staying above 50-day lines. CERP, RVLT up 1.
AEHI down 40. XIDE down 32, possible bankruptcy. CRCL down 27. ZNNMF down 18, back under top (50-day) lines. EWRL, ENSL down 17. WSGP, CPWY down 12. USEI down 10. ZAAP down 3.
Market up 175/29/16. Volume normal. Oil: WTI over $95, Brent over $104. NG $3.84. 175K new jobs. Total net worth of US households hit new record in 1Q. Over $70T.
CRGE up 66. CHGI up 20, possible double bottom. PRHL up 13. OPTT up 12, another possible double bottom. ECTY up 7, day 3 of new run back to top. XSNX up 5. LEDS up 4, back above top (200-day) line. PSON up 2, staying above 50-day lines. CERP, RVLT up 1.
AEHI down 40. XIDE down 32, possible bankruptcy. CRCL down 27. ZNNMF down 18, back under top (50-day) lines. EWRL, ENSL down 17. WSGP, CPWY down 12. USEI down 10. ZAAP down 3.
Thursday, June 6, 2013
LOTTA STUFF
OMB: CO2 emissions carry heavier cost to econ, health, enviro than previously thought.
New Colorado law doubles clean/renewable energy standard for rural el co-ops.
Congressional Dems calling on White House to speed up enviro, energy rule making. Say not adhering to legal deadline. (Is the President too slow for the country? Imagine the job. You want it?)
Oak Ridge Lab announced breakthrough on high energy-density car batt.
USDA launched new efforts to help farmers adapt to climate change.
SC utility speeding shutdown of 2 coal-fired units.
Coal-rich Mongolia investing in clean energy. Starting up $122M wind farm. 50Mw. GE turbines. Mongol target 20-25% clean energy by '20. 2% now. Coal now 80% power gen. Ulaanbaatar 2nd worst polluted city in world after Iran's Ahraz.
German airline to test EV's at airports.
Canada's top rail freight line using LNG power in locomotives.
Deepwater drillers got new tech to seal spewing well.
France defending fracking ban with "considerable" US enviro damage.
Bloomberg est. of Japan solar installs this year raised to 6.9-9.4Gw. Other analysts see Japan's share of global PV system revenues at 24%, up from 14% last year, 9% in '11.
Tata Power plans to add 30-50Mw solar, 150-200Mw wind power per year in India.
1st phase - 16Mw - of 99Mw wind project connected to Vietnam grid. $95M invested so far. All 62 GE turbines online June '14.
Gamesa got contracts to supply 230Mw of wind power projects in India.
Japan Renewable Energy got 10B Yen financing for 40Mw solar power projects. (Obviously, raising funds for more projects.)
Goldman Sachs plans to invest up to $475M in clean/ren power projects in Japan next 5 yrs. Also loans and financing.
Latest round of sanctions included effort to make Iran's currency unusable outside of Iran. Also blacklisted 37 firms acting as fronts for Iran. Russia, China joined West to press Iran into cooperating with IAEA. (Our way or the highway, Ayatollah. Get over your way.)
Iran's crude shipments in May ~700Kb/d, down ~1Mb/d yoy. IMF est. Iran GDP contraction 1.3% this year.
Akermin CO2 capture system completed successfull test at National Carbon Capture Center in AL. Captures close to 90% of CO2 flue gas with biocatalyst enzyme supplied by Novozymes. Converts CO2 to bicarbonate. Help from NETL, EPIC Systems, Batelle, PNNL.
ARPA-E awarding $97M to 31 projects at Mass comps, universities for new solar, biofuel, energy storage techs. ARPA-E budget $250M this year after sequester.
Vienna Tech found way to make fungi produce enzymes to break down lignocellulosic waste. Possible to use GM fungi to produce enzymes for biofuel production at significantly reduced costs.
Global Bioenergies (France) pilot test on isobutanol for biofuels successfull. Moving on to industrial-scale test. Conoco, NRG Energy, Exelon among investors.
LNG traditionally priced at 13% of Brent. (Traditional relational pricing of anything under pressure these days.)
Blue Energy started on 20.7Mw wind farm in England. Some funding from Spain bank. Siemens turbines. Online early '14.
Tocando (Holland) expects to install 1st 20Mw of water turbines by mid '15 across Asia, US, Europe. Already supplied turbines for Nepal river project. Plans to supply Japan with turbines. Costs $3.5-7M/Mw.
Principle Power, backed by Repsol (Spain), to sell stake to fund floating wind platforms.
Survey from 75% of US small biz: the greener the biz, the greener the bottom line. Green building mart up 1,700% last 10 yrs. Conventional building down 17%.
Emo Energy to build, sell 400Mw of Germany wind assets by '20.
FCEL's 1H net losses up 25% yoy. (Yet the stock is way up.)
ADB to lend $90M to Uzbek solar project.
Yingli, DuPont signed $100M solar agreement.
EPA narrowing scope of activities to address water pollution from livestock ops. Focus on Chesapeake Bay.
Final permits keeping coal option at Capital Hill power plant.
Argentine Supreme Court unfroze Chevron assets.
Researchers to test methane-eating bacteria in Alberta oil/gas fields.
$3.99/gal gas at pump across the street.
New Colorado law doubles clean/renewable energy standard for rural el co-ops.
Congressional Dems calling on White House to speed up enviro, energy rule making. Say not adhering to legal deadline. (Is the President too slow for the country? Imagine the job. You want it?)
Oak Ridge Lab announced breakthrough on high energy-density car batt.
USDA launched new efforts to help farmers adapt to climate change.
SC utility speeding shutdown of 2 coal-fired units.
Coal-rich Mongolia investing in clean energy. Starting up $122M wind farm. 50Mw. GE turbines. Mongol target 20-25% clean energy by '20. 2% now. Coal now 80% power gen. Ulaanbaatar 2nd worst polluted city in world after Iran's Ahraz.
German airline to test EV's at airports.
Canada's top rail freight line using LNG power in locomotives.
Deepwater drillers got new tech to seal spewing well.
France defending fracking ban with "considerable" US enviro damage.
Bloomberg est. of Japan solar installs this year raised to 6.9-9.4Gw. Other analysts see Japan's share of global PV system revenues at 24%, up from 14% last year, 9% in '11.
Tata Power plans to add 30-50Mw solar, 150-200Mw wind power per year in India.
1st phase - 16Mw - of 99Mw wind project connected to Vietnam grid. $95M invested so far. All 62 GE turbines online June '14.
Gamesa got contracts to supply 230Mw of wind power projects in India.
Japan Renewable Energy got 10B Yen financing for 40Mw solar power projects. (Obviously, raising funds for more projects.)
Goldman Sachs plans to invest up to $475M in clean/ren power projects in Japan next 5 yrs. Also loans and financing.
Latest round of sanctions included effort to make Iran's currency unusable outside of Iran. Also blacklisted 37 firms acting as fronts for Iran. Russia, China joined West to press Iran into cooperating with IAEA. (Our way or the highway, Ayatollah. Get over your way.)
Iran's crude shipments in May ~700Kb/d, down ~1Mb/d yoy. IMF est. Iran GDP contraction 1.3% this year.
Akermin CO2 capture system completed successfull test at National Carbon Capture Center in AL. Captures close to 90% of CO2 flue gas with biocatalyst enzyme supplied by Novozymes. Converts CO2 to bicarbonate. Help from NETL, EPIC Systems, Batelle, PNNL.
ARPA-E awarding $97M to 31 projects at Mass comps, universities for new solar, biofuel, energy storage techs. ARPA-E budget $250M this year after sequester.
Vienna Tech found way to make fungi produce enzymes to break down lignocellulosic waste. Possible to use GM fungi to produce enzymes for biofuel production at significantly reduced costs.
Global Bioenergies (France) pilot test on isobutanol for biofuels successfull. Moving on to industrial-scale test. Conoco, NRG Energy, Exelon among investors.
LNG traditionally priced at 13% of Brent. (Traditional relational pricing of anything under pressure these days.)
Blue Energy started on 20.7Mw wind farm in England. Some funding from Spain bank. Siemens turbines. Online early '14.
Tocando (Holland) expects to install 1st 20Mw of water turbines by mid '15 across Asia, US, Europe. Already supplied turbines for Nepal river project. Plans to supply Japan with turbines. Costs $3.5-7M/Mw.
Principle Power, backed by Repsol (Spain), to sell stake to fund floating wind platforms.
Survey from 75% of US small biz: the greener the biz, the greener the bottom line. Green building mart up 1,700% last 10 yrs. Conventional building down 17%.
Emo Energy to build, sell 400Mw of Germany wind assets by '20.
FCEL's 1H net losses up 25% yoy. (Yet the stock is way up.)
ADB to lend $90M to Uzbek solar project.
Yingli, DuPont signed $100M solar agreement.
EPA narrowing scope of activities to address water pollution from livestock ops. Focus on Chesapeake Bay.
Final permits keeping coal option at Capital Hill power plant.
Argentine Supreme Court unfroze Chevron assets.
Researchers to test methane-eating bacteria in Alberta oil/gas fields.
$3.99/gal gas at pump across the street.
THURSDAY OPEN
(stock #s in %)
Market flat and mixed. Volume normal. Oil: WTI over $94, Brent over $103. NG $3.92
USEI up 33. ASIUF up 12. ECOS up 11. ECTY up 7. RVLT up 6. CERP up 5. LEDS up 1.
EWRL down 37, back on bottom 50-day. ENSL down 19. PSPW down 18. CBAK down 13. WSGP down 8. XSNX down 2.
Market flat and mixed. Volume normal. Oil: WTI over $94, Brent over $103. NG $3.92
USEI up 33. ASIUF up 12. ECOS up 11. ECTY up 7. RVLT up 6. CERP up 5. LEDS up 1.
EWRL down 37, back on bottom 50-day. ENSL down 19. PSPW down 18. CBAK down 13. WSGP down 8. XSNX down 2.
Wednesday, June 5, 2013
STUFF AND THINGS
(Pollution kills, adds to health costs, destroys environment.)
Mount Kilimanjaro glaciers likely gone by '20: report.
Illinois 1st US state to include seismic measures in drilling rules.
Some diluted bitumen sinks in fresh, brackish water within 26 hours: report. Diluted bitumen in tar sands. Also found oil's toxic properties last over 2 decades in ocean. (Or Gulf of Mex, BP.) Bitumen heavily degraded by bacteria over millions of years. Contains nickel, vanadium, sulfur, nitrogen. Must be diluted with condensate to move through pipe. Spill on ocean, condensate evaps into air, making carcinogenic fumes. Bitumen floats until sediment, plankton pulls it down.
Clean Energy (CLNE), Covanta (CVA) opened 1st CNG fueling station to move garbage truck fleets to NG.
United Airlines to commence wide-scale av biofuels flights in '14. To buy 15M gals over 3 yrs from AltAir. Fuels for flights from LAX (LA). Expecting at least 50% reduction of GHGs on lifecycle basis. AltAir refitting refinery for 30Mg/y cap.
Aemetis (AMTX) 60mg/y Cal plant started ethanol production from sorghum. Also combined heat and power system with traditional feedstocks.
UK Ministry of Defence predicting $500 oil by '40.
Gazprom cutting NG prices for Europe this year again. ~$800-900M worth this year. $3.2B last year.
Ikeuchi Towel 1st Japan firm to get 100% energy from wind.
Kaiser Permanente $30B commitment for green building.
Blue Earth (BBLU) buying 38.5Mw Ontario project from CSIQ.
Huaneng Power closed on $816M private placement.
China to end Golden Sun PV subsidy program this year.
Romania approved heavy cuts to clean energy subsidies.
White House: CO2 emissions cost more than predicted 3 yrs ago.
Honey substitutes may contrib to bee colony losses.
ND farming towns battling fracking dust.
Los Angleles smog drop from vehicle emissions regs.
Ecuador oil spill fouling Amazon tributary.
Louisiana lawmakers cleared bill to end solar energy tax creds.
Fukushima sprung a new leak.
And, O yea, the last Oklahoma twister on Friday. 2.5 miles wide at near 300MPH. Biggest ever. In Ever.
Mount Kilimanjaro glaciers likely gone by '20: report.
Illinois 1st US state to include seismic measures in drilling rules.
Some diluted bitumen sinks in fresh, brackish water within 26 hours: report. Diluted bitumen in tar sands. Also found oil's toxic properties last over 2 decades in ocean. (Or Gulf of Mex, BP.) Bitumen heavily degraded by bacteria over millions of years. Contains nickel, vanadium, sulfur, nitrogen. Must be diluted with condensate to move through pipe. Spill on ocean, condensate evaps into air, making carcinogenic fumes. Bitumen floats until sediment, plankton pulls it down.
Clean Energy (CLNE), Covanta (CVA) opened 1st CNG fueling station to move garbage truck fleets to NG.
United Airlines to commence wide-scale av biofuels flights in '14. To buy 15M gals over 3 yrs from AltAir. Fuels for flights from LAX (LA). Expecting at least 50% reduction of GHGs on lifecycle basis. AltAir refitting refinery for 30Mg/y cap.
Aemetis (AMTX) 60mg/y Cal plant started ethanol production from sorghum. Also combined heat and power system with traditional feedstocks.
UK Ministry of Defence predicting $500 oil by '40.
Gazprom cutting NG prices for Europe this year again. ~$800-900M worth this year. $3.2B last year.
Ikeuchi Towel 1st Japan firm to get 100% energy from wind.
Kaiser Permanente $30B commitment for green building.
Blue Earth (BBLU) buying 38.5Mw Ontario project from CSIQ.
Huaneng Power closed on $816M private placement.
China to end Golden Sun PV subsidy program this year.
Romania approved heavy cuts to clean energy subsidies.
White House: CO2 emissions cost more than predicted 3 yrs ago.
Honey substitutes may contrib to bee colony losses.
ND farming towns battling fracking dust.
Los Angleles smog drop from vehicle emissions regs.
Ecuador oil spill fouling Amazon tributary.
Louisiana lawmakers cleared bill to end solar energy tax creds.
Fukushima sprung a new leak.
And, O yea, the last Oklahoma twister on Friday. 2.5 miles wide at near 300MPH. Biggest ever. In Ever.
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