Thursday, August 1, 2013
STUFF .... DOI fetched $3.8M in first-ever competitive wind lease sale for offshore RI, Mass. Deepwater Wind New England won. Potential 3.4Gw. Offshore VA site sale Sept 4 .... New oil train terminal slated for Alberta .... Sunpower (SPWR) selling panels as fast as they can make them. May expand capacity. Now into residential leasing. Q2 net $19.6M. Revs down 3% to $576M .... Prices for solar PV inverters to fall sharply this year .... UK pledged 66M Pounds to expand domestic offshore wind supply chain, research to curb costs. Expected industry growth may add 7B Pounds/y to their econ by '20. Britain has more offshore wind than rest of world combined .... Azerbaijan plans to increase clean power share to 9.7%, 3x gain, by '20. Calls for 2.5Gw. Will require $6-7B. First stage to '15 for wind development. 2nd stage to '20 for solar .... AGL Energy (Australia) to go ahead with A$450M 155Mw project in New South Wales with First Solar (FSLR). A$166M fed funds, Q$65M from state. Australia forecast to install 5Gw of large solar plants through '20. 17Mw now .... 7.5M bl drop in oil inventory at Cushing in July. Overall US crude inventories up 430K bls last week .... NG consumption by US power plants 25% lower in May v. '12. Prices avg'd $4.06 this May, $2.49 last .... North Iraq crude export pipeline blown up again just after getting it back in service. Could be out of service a much longer time after this one .... India canceled intl ethanol tender. Calling for domestic supply .... China biofuels market expected to reach near $17B by '16 .... $1B of NG wasted in '12 in ND well flaring .... UPS eyeing 40% savings in fuel costs by switching truck fleet to run on LNG. Buying almost 1K LNG tractors next 2 yrs .... Oil spill in Gulf of Thailand spreading to more islands. 73K gal spilled .... Increase in attacks forcing oil majors offshore in Nigeria .... MN Power plans 200Mw $345M expansion of 300Mw ND wind farm. Online by '15 .... Germany rejected EU smart meter recommendations on cost concerns .... EPA diluted Energy Star standards.
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