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.

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