Wednesday, March 26, 2014

STUFF ... EU has over 5.5B bls proved oil reserves. Production over 1.8Mb/d. 8 yrs, 2 mo of oil. Imports over 8.6Mb/d. They have under 2TCF of NG, produce 164BCM/yr. 11 yrs, 11 mo of reserves. Imports over 420BCM/yr ... NG supplies 11% of German energy. ~35% from Russia. Shale deposits could supply almost all NG from Russia. Govt last year rejected fracking. They want 40-45% clean energy by '25. Now 25%, up to 50% on optimum days. 69% of folks support. Wind/solar has lowered el prices 32% since '10. GHG emiss down over 25% from '90 levels, beating Kyoto ... SPWR got 70Mw supply contract for 2 projects in Inner Mongolia ... Uranium prices at 8-yr low. ~$35/lb. No more supply from Russia weapons. 68 new reactors in construction in 13 countries. Japan may restart theirs. World reactors to use ~150M lbs this yr. Mines to produce under 132M. Prices too low to make money, production slowing. Price forecast of rise to $57/lb this yr, $65 next. Forecast demand up 33% by '20, 2x that by '30. URRE a player ... 18Mw biomass plant to reopen in Cal. Quake damage in '10. VSPC to supply feedstock - Giant King Grass. Wood waste feedstock too. Another 16Mw plant there designed to gasify cow manure to be converted to make advanced biofuels using VSPC GKG. GKG BTUs/lb ~12% below coal, yields up to 10x tonnage/ac v. corn stover, can grow on marginal land ,,, Moderate to exceptional drought still in 64% of TX ... No tech barrier to advancing regs on shipping emissions: study ... Europe power prices dropped along with pollution permit costs ... Oil spill into Lake Michigan from BP refinery. Winds keeping oil on shore, cold weather helping containment ... Pemex wants to keep 83% of Mexico oil reserves ... Driller pled guilty in OH fracking waste case ,,, 1st time global solar installs (36.5Gw) more than wind (35.5Gw) in '13. Wind's weakest yr since '08 ... Installed PV solar price forecast down to $1.21/w by '23 ... Suez Enviro (France), China partners to build incinerator in China to burn over 33K tons/yr hazardous, med waste to make steam, power ... EU research found rapeseed cake animal feed reduces both methane, CO2 emiss 6-13% each. Increases amount of feed digested up to 10%, reduces fermentation in gut up to 12%. (Maybe we won't need fart bags after all.) ... German '13 biodiesel exports up 20% to over 430M gal in '13. Imports down to 168M from 228M (tariffs on Indonesia biodies) ... NJ court ruled Christie admin violated state law in way it withdrew from regional cap-and-trade program (RGGI). 60 days to amend, repeal state clime change regs ... Over 100K new solar roofs in Netherlands in '13. Total Dutch installed solar up 82% in '13 to 665Mw ... Bluegrass NG pipeline can't use eminent domain: judge ... Kansas Senate voted to repeal RES ... OH lawmakers OK'd 3 TSLA stores.

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