Sunday, December 1, 2013

STUFF ... S Carolina threatening to impose $154M fines of US govt for failing to meet promised clean-up sked at Savannah R nuke weapon waste site. Hundreds of millions a year for maint, security. Tanks near river have leaks, buried in soil below water table. DOE began clearing site in '96. Projected '23 completion now getting stretched well into '40's ... Last winter coldest in 50 yrs ... UK forced to install 70K EV charging stations and hydrogen, NG refill stations by '20 by EU draft directive. Germany 86K, Italy 72K ... Shunfeng PV (China) $462M bond issue to finance Wuxi Suntech (China) acquisition ... E.ON (Germany) to sell its Italy unit. Target over 3B Euro for 6.1Gw installed cap ... Trina Solar (China), Yabang (China) investing $45M in solar module making JV ... Goldman Sachs, 2 Danish pension funds investing $2B in 26% stake of Dong Energy (Denmark). IPO option ... Algonquin Power (Ontario) to pay $117M for remaining 40% of Gamesa US unit 400Mw portfolio ... Irealnd rejected bids for Bord Gais Energy ... Venezuela stock market up over 620% this year. But people can't get toilet paper, el is rationed, blackouts frequent, fist fighting over last bags of corn flour ... Argentina offering Repsol $5B compensation for taking over YPF. Repsol wants over $10B ... US NG ~$4/MBTU. $20 in Mexico. Think there will be new pipelines to Mex?

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