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.

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