Monday, February 10, 2014
STUFF ... Bakken oil production to peak this year: geologist ... Duke Power got NC coal ash leak stopped ... AZ regulators to allow 3 utilities to apply for waivers to state rules requiring certain amount of rooftop solar installs ... $62M, 17.3Mw Nicaragua hydropower plant online midyear ... Cal sewage treatment plant 60% powered from 2.8Mw methane from sewage - 2 fuel cell units. Cost ~$17M. 15% power from solar array ... groSolar finished 3Mw solar farm on VT organic farm. Selling el to VT utils. Renesolar modules ... Global warming "pause" due to stronger Pacific winds: study ... Houston mayor: city to cut emissions 10% more ... Costa Rica likely to miss carbon neutrality goal by '21 ... India looking to switch 26M groundwater pumps to solar from grid, diesel. Savings ~$6B/yr just in subsidies. $1.6B investment next 5 yrs for 1st 200K pumps. Farmers must use drip irrigation to get subsidy ... Estonia plans 1.5Gw offshore wind construction start by '15. Country has invested $545M in 250Mw wind across Baltic states. Wind costs in Baltic Sea $1.4M/Mw lower than in Nordic Sea (higher wind) ... '15 subsidy cuts driving wind development push in Poland. Their wind cap up 34% in '13 after 41% in '12. Total now 3.46Gw. Est. 4Gw by yearend, 10% of total powgen. Est. $780M subsidy cut in '15 ... Possible distillate shortages drove oil prices up late last week ... N Sea Brent crude production to slip to est. 890Kb/d next month from 1M this month ... Libyan production down to 450-500Kb/d with new probs in western fields ... Bakken crude rail shipments down 13% recently (weather, rail wrecks response) ... Heating fuel supplies in Midwest lowest level in 20 yrs for time of year ... US penalizing near 3 dozen comps, persons in 8 countries for evading sanctions, trading with Iran ... Statoil moved '20 2.5Mb/d production target out 3-4 yrs. Reducing planned capital spending 8% through '16 to avg $20B/yr. Norway wants to attract large producers to compete with Statoil ... Oman to start raising $3B for rail line to move oil. Alternate to Hormuz ... Suncor's oil sands production hit record high recently ... Alaska's largest refinery to shut in May (economics) ... Woodside (Australia) to buy 25% of Israel's NG field for up to $2.6B. Delays with Australia projects ... Chesapeake to reduce capital expends 20% from '13 ... Coal plants starting up in Europe, NG powgen being shut down ... Ethanol RINs up to 50 cents/gal after EPA released '13 RIN data. Last week US Jan ethanol production down 5Kb/d ... $881M mandatory funding for energy in US Farm Bill ... US oil production last week of Jan over 8Mb/d. Up 15% v. '12. US oil imports down 9.2% in '13 ... Anadarko abandoned exploratory well offshore New Zealand. Will try somewhere else ... Lukoil should reach 400Kb/d at Iraq field by fall. Production start next month with initial 120Kb/d. Reserves est. 14B bls. Lukoil holds 75% of field ... India researchers developing low-temp process to convert plastic waste into liquid fuel ... Exelon considering closing some nuke plants in Midwest. Ops 17 reactors at 10 plants - 20% of US nuke fleet. Unprofitable because of switch to NG, "unfair" subsidies to clean/ren ... Brazil may turn to NG as drought cuts off hydropower (80% of total powgen) ... Temporis Ventis to raise 20M Pounds to invest in UK wind, hydro projects ... Cal drought threatening coho salmon ... Pollution, overfishing leading to crisis in Turkey waters ... UAE to disperse up to $59M of $350M clean/ren package in 2nd cycle ... Solarcentury to invest in next gen solar roof tiles ... Suntech won $264M suit v. ex-subsid Wuxi. Sale to be investigated ... Sun Ed to cut 335 workers in Italy, US ... Belgium clean/ren sector cut 1,250 jobs in '13 ... Philippine comp plans over $500M for 125Mw solar, biomass in P.I. ... Turkey-Italy consortium to invest Eur300M in 200Mw geothermal in Turkey. 2 100Mw plants ... OPIC to invest $250M in $1B clean/ren development ...Talesun (China) aims for 50Mw initially from Turkey solar JV.
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