Tuesday, April 22, 2014

42% of Americans believe outlook for environment has improved. 28% in '08 ... TSLAs to be built in China in 4 yrs ... 24 global clean energy public market deals 1Q. Highest of any 1Qs in 7 yrs ... Yolo County Cal produced 152% of needed energy. 11.8Mw of solar. Used to have $1.4M/y el bill ... Hawaii Senate voted for $50M clean/ren bond program ... Kyocera to invest $38M tax equity in US solar projects ... Yingli to supply 185Mw for French solar tender winners ... Shell to expand oil/gas project in Russia Fareast, country's 1st LNG production ... Nigeria's crude exports down 13.5% Dec '13 v. '12. Largely from 90% drop in exports to US. US ambassador to Nigeria said US willing to help Nigeria tackle oil theft. (Fuel shortages continuing in Nigeria.) (Allright, now US is committed to helping Nigeria.) ... Climate change pushing maple syrup production out of US to Canada. Ideal temp 20-40*F ... Petro China to buy 40% it didn't own of oil sands ops in Alberta. 250Kb/d ... Sinopec to pay ~$1.2B for 50% of Lukoil energy assets in Kazakhstan ... Canada oil exports up 1.5% 1st 2 mo this yr v. '13. (And that's winter.) Nearly all exports go to US (32% of US imports in '13.) ... 52 new oil/gas rigs 1Q in US. Ramp up in ND, TX ... DOE approved exports from Coneco AK LNG facility. Up to 40BCF/y to Asian countries w/out free trade agreements with US. (I admit I do not know those countries yet.) ... TX oil production up 22% in Feb yoy. NG production up ~1% ... China auto sales up 15.7% in '13 to 17.9M. (Don't know if just new autos or all autos.) Est. up 8-10% this yr ... Beijing has battled drought 15 yrs now ... Brazil drought has cut grain, coffee production. Climate change may drop soybean production up to 24% by '20, wheat production up to 41% ... 63Gw of US coal power gen may be shuttered by '17 by emission rules. Over 20% of capacity ... EIA says Marcellus NG production close to 15BCF/d. PA, WV says under 12BCF/d. Similar disparity at all NG fields. 38% overestimate by EIA. (What's up with that?) ... World carbon emissions 32.6B metric tons in '11. China 8.7B. US 5.5B. Europe 4.3B. Russia 1.8B. India 1.7B. Keystone would add est. 18.7M. US power plants 2.8B, gasoline vehicles 1.9B ... AK legislature approved plan to join 4 energy comps - Exxon, BP, Conoco, Trans Canada - to build NG pipe from N Slope to coast. 35TCF. 800 mile pipe. LNG export plant. $45-65B. Could be online mid-'20s.

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