Tuesday, March 4, 2014

STUFF ... Oil supplies halted to Ukraine refinery by Lukoil over debts. Owner fled Ukraine, transferred ownership to Russian bank holding debt. Rosneft considering buying refinery, also controls 2nd largest refinery ... Russia threatening to cut Gazprom NG discounts to Ukraine. Demanding $1.55B it says Uke owes. If no pay, rates go up ... Europe has est. 45 day reserve of NG ... First Solar (FSLR) made record 20.4% efficient CdTe thin film solar cell. Stion made record 23.2% efficient CIGS thin film solar cell ... US court ruled Ecuador $9.5B judgement v. Chevron "fraudulent" ... Duke Energy cited for violating NC pollution law. Failed to obtain storm water permits ... Fed appeals court ruled BP must pay comps for damages from Gulf spill without requiring proof of harm ... EC calling for flood prevention, more taxes on air/water pollution ... MN utility calling for CO2 price to implement EPA power plant rule. Also to set regional target for CO2 emission cuts ... Majority of Europeans say climate action improves economy ... Climate change has no sway over rate of disasters: Buffett ... Deal to sell Philly Gas Works to Conn utility for $1.9B ... Lifting oil export ban would give US a foreign policy lever: Murkowski ... "New kind of tank car" needed to haul crude: Buffett ... Manitoba Hydro got 2 power sales to Wisc Public Services. 108Mw in '16-'21. 308Mw for up to 10 yrs start "27. Previous 100Mw '21-'26. Requires new transmission line in planning stage ... Roughly enough wind off US west coast to power entire country. Over 900Gw ... Global food index more than doubled '00-'13. (Why are there riots in all those countries?) ... Ukraine's oil production down over 60% last 20 yrs. Now ~80% of oil/gas imported from Russia. Russia NG prices up near 4x since '04 ... EBRD report: Eur300M loans to rehab Ukraine's 15 state-owned nuke reactors will gradually double el prices by '20. Ukes now spend near 75% of income on avg on household bills. (Why are there riots?) ... UN panel report: global food demand to rise 14% by 2100. Global crop production to fall 2%/decade from global warming. Plus $1.5T econ damage (based on 2.5 Celsius temp rise). (Why are people rioting?) ... MSU leads research on cold-tolerant sugarcane with high oil content ... Korean investors to sink $90M into grain-based ethanol plant in Australia. 110M liters/yr. Fuel will go to Korea ... Oil sands production cost below US tight oil: report. $63-65 v. $72 ... Rosneft to invest $83B to develop E Siberia field over next decade. Est. 1.6B bls. Produced 430Kb/d in '13. Rosneft profit $15B in '13, up 51% ... Total selling 10% stake in Azerbaijan NG field. Project entering $28B 2nd phase. Total selling off up to $20B assets '12-'14 ... Capturing leaking methane would cost industry $2.2B: study. Selling that methane would cover the cost plus $164M/yr. 80% of leaks from 22 of 100 source categories ... Westinghouse finished safety upgrade at Slovenia nuke. Required after Fukushima. 1st Europe plant to do so ... ET Solar entering UK mart with 8.4Mw project in Brit. Online end of this month. ET's UK target 80Mw this year. Starting another 8.4 in days ... DTE Energy selected 122 solar projects in 3rd offering of customer-owned pilot project. 2MW total ... Gamesa, Santander to build 500Mw wind in Mexico next 3 yrs ... Solar Energy Corp of India to develop 1GW farm plus cell/module manufacturing plant in Andhra Pradesh. Will auction off the 1Gw ... Green Change Networks got $10M loan to offer energy storage systems to customers with no upfront costs. Uses batt power at peak el demand. 10-yr payout ... Vivent closed on $280M tax equity finance round to fund residential solar projects in UT. No upfront cost to homeowners. Blackstone bought Vivent in '12 for $2B ... 135Twh of China wind gen in '13. Near enough to power NY state ... Obama laid out "roadmap" for climate, energy goals in '15 budget. More clean E, efficiency; less fossil ... EPA taking $300M cut in budget. 5th cut in a row ... Canada says Keystone won't exacerbate carbon emissions in echoing comment to State Dept ... NPS closing redwood parks at night to stop illegal logging ... Tumble weeds inundating Colo. (I've seen it.) ... NM extended storage deadlines for DOE's nuke waste plant ... STEAG (Germany) got Eur49M from EBRD to build 108MW Romania wind farm ... Trina Solar targeting 3.6-3.8Gw PV shipments this year. 2.58Gw shipped in '13 ... KGAL bought 75Mw French wind project from Nordex, H2air ... SAG Solarstrom (Germany) entered insolvency, investor talks ... Eco Energy World sold 56Mw UK solar projects. Plans 200Mw this year ... Xcel Energy proposing 150Mw large solar in MN by '17 ... Suzlon to merge ops with Senvion (Germany). Happier trails, pards. Onward and upward. Bill Gates for President.

No comments:

Post a Comment