Monday, September 30, 2013

STUFF ... Fukushima reactor pools could break open with earthquake. They store used fuel rods, could release 14K x more radiation than Hiroshima just from 1 pool. Tepco plans to remove 400 tons of rods starting Nov. Major banks offering $6B of finance ... Many US watersheds seriously stressed from lack of water ... TX authority voted to curtail water to SE TX estuary, state's 2nd largest. 5-yr drought ... Record rain in NW US ... Warming waters bringing new fish to New England ... Nigeria signed $1.3B deal with China. China ExIm Bank to loan 75% of cost for 700Mw hydropower plant. Country now has 4.5Gw power gen cap, produces el just a few hours/day ... Digital Fed Credit Union to offer up to $100M loans for Sunpower (SPWR) residential systems. SPWR also to supply Shimuzu with 69Mw for Eurus power plant ... Vestas joining with Mitsubishi to develop 8Mw offshore wind turbines. Mitsu to invest initial 100M Euros, further 200M if targets met. Equal stakes now, Mitsu 51% potential in '16 ... Bloomberg admin report card issued on energy use in NYC's largest residential bldgs ... EU, Indonesia illegal tender agreement ... TX regulators fined 11 oil/pipeline comps in Eagle Ford for pollution violations. 188 operators allowed to fix violations without fines ... Eagle Ford production from 9 major fields up 36% in July yoy to 569Kb/d ... Clean/renewable energy (sans nuke) provided 11.8% power gen in US 1H13. Solar up 32% over 1H12, wind 20% ... 2 of Libya's 3 provinces - having most of oil resources - declared themselves "autonomous", in charge of their own natural resources. Libya oil production back to ~600Kb/d. 4 export terminals still shut. Libya seeks $60B to more than double refining, production ... Cairo got $7B in aid from Sauds, Kuwait, UAE ... CNOOC got production license in Uganda. Development to cost over $2B, production could reach 30-40Kb/d ... Tullow mande new oil discovery in Kenya ... Some of 7K bls seeping from Alberta tar sands sites migrated to nearby lake, sinking to bottom ... New oil tankers ordered before financial crisis now being delivered, causing overcapacity ... Fines against BP for amount of oil spilt in Gulf and their efforts to stop it could hit $18B ... NG use for power gen in US down 14% 1st 7 months of '13. Higher NG prices ... Sudan lifted subsidies for gasoline, nearly doubling pump prices. Deadly protests in several cities ... Kurd Iraq moving closer to declaring independence ... U of Mich researchers say biofuels' carbon neutrality a myth ... U of Alberta researchers developing cost-effective solar cell made with spray paint-like synthetics. Zinc, phosphide nanoparticles ... US Geothermal got over $30M loan for Nev project ... Reykjavik Geothermal to build up to 1Gw of geothermal power gen in Ethiopia next 10 yrs. Up to $4B cost ... Jinko Solar to supply 20Mw modules to China State Grid for 60Mw project in Hebei. Jinko only profitable Chinese solar of 15 in 2Q, 1st profit - $8M - since 3Q11 ... Green Investment Bank (UK) invested 11M Pounds for minority stake in 14.7Mw Wales waste wood to energy facility ... CLP India pool finance agreement to support build of up to 300Mw wind power/year ... Alstom, GDF Suez to joint bid in French marine energy tender ... Lakeside Solar (Canada) to build 50Mw solar plant in Kenya for $145M ... Infinia (Utah) filed chapter 11. Maker of stirling cycle engines for CSP. 200Mw of projects in assets ... Pattern Energy unit raised $352M in IPO ... China intro'd 50% VAT cut for solar product manufacturers ... Report: net-metering policy to cost Calif non-solar customers $1.1B/y by '20 ... EDF dedicated 143Mw solar farm in Cal.

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