Tuesday, February 18, 2014

STUFF ... S Sudan rebs seized control of capital ... Duke to get out of wholesale power biz in Midwest. Financial results too volatile. Stakes in 11 OH power plants, 1 each in IL, PA. To take $1-2B charge in 1Q. OH regulators last week rejected Duke's request for $729M rate increase ... Farmers worldwide planted record 175M hectares of biofuel crops last year, up 3% over '12 ... Canada utility to debut coal plant that captures CO2 ... Energy efficiency getting credit for milestone drop in Midwest el demand ... S Australia govt approved Ceres' $1.5B 600Mw wind project. Expected to be largest wind farm in S hemisphere upon '16 completion ... Consortium of comps to take over aleo solar group for ~Eur41M ... Tokyo official pledged to increase metro area's use of clean/renewable energy from 6% to 20% with 4B Yen public/private fund ... First Solar (FSLR) started construction on 102Mw plant in New South Wales for AGL Energy. Mid-'15 completion. Already building another 53Mw plant in NSW, online this summer ... 20Mw biomass plant powered by rice husks to go online in about a year in Philippines ... 99-story building in Indonesia built as wind tunnel to harvest wind energy ... Dong Energy will install Vestas 8Mw turbines at UK offshore project of up to 258Mw. Offshore wind costs still est. at $189/Mwh over project life. Over 2x cost of onshore wind ... Pertamina (Indonesia) managed to secure only 45% of biodiesel it needs to supply country's B10 policy ... EU biorefinery project showed biorefineries could generate 200K by '20 in Europe ... EC suing Ireland for failing to implement Renewable Energy Directive ... AZ firefighters producing their own biodiesel from used cooking oil to power part of their fleet ... India biodiesel buses in one city switched back to fossil fuel when prices got too high. Was blending pongamia oil with diesel ... POET looking to build $350M corn ethanol plant in Brazil. 50M liters ethanol/yr from 350K metric tons of corn ... Vietnam latest country to seek coal imports. ~10M tons/yr starting in '17. Exported 12.8M tons in '13, down 16% from '12. Domestic production falling, demand rising ... Occidental to sell $1.4B stake in largest NG field in N Am - Kan, OK, CO ... Colombia to hold auction for 97 tracts in Pacific, Atlantic in July. Production went over 1Mb/d in '13. Domestic demand 287Kb/d. Est. increase to 1.3M production by '20 ... Lakeland El (FL) to switch back to coal from NG over prices ... Brazil providing $618M to encourage sugar-based ethanol innovation. 10-yr loans at 4% ... China spent more than US on energy efficiency 1st time in '13. $4.3B investment almost 1/3 of world total. Global spending up ~5% in '13. N Am investment slid up to 33% to $3.6B. China has installed almost 250M smart meters. Europe expected to have 180M by '20 from 55M now. Spending on distribution automation up to $5.4B in '13 from $4.4B in '12 ... Obama ordered EPA, DOT to tighten fuel economy standards for medium, heavy duty trucks beyond model year '18 ... Sea walls market to hit $9B by '23: study ... Tulane U offering $1M prize for Gulf of Mex dead zone solution ... Plant emits toxic metals near Cal school: regulators ... Duke, NC regulators see no immediate health threat from coal ash spill ... France placed temporary ban of Gen Mod corn ...Shrinking PV costs closing in on onshore wind costs: analysis ... Jordan approved PPAs for 200Mw of 7 new solar projects. 1 50Mw, 4 20Mw, 7 10Mw ... Sungrow (China), Huaneng Renewables (China) to develop over 300Mw solar by '16 ... Renewable Energy Trust (Cal) raised $30M equity, targeting $125M round ... China calling for US to act "objectively and fairly" on solar trade dispute ... SUSI (Swiss) investing in 8 project, 39Mw solar portfolio in France.

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