Friday, April 18, 2014

Russia sends only ~15% of its NG to Europe through Ukraine ... Ukraine seeking US investment in biomass, biogas, wind, solar. Biomass, biogas most promising short term to get off Russia NG. Uke grid can't easily adjust yet to much wind, solar. But 24K boiler plants ... Babcock & Wilcox working with Ukraine on $1B switch from NG to coal for 5 power plants ... Russia to demand Ukraine pay in advance for NG unless Ukraine resumes payments for NG already used ... 20% of China's farmland polluted. Factory waste products, irrigation with polluted water, improper use of fertilizer, pesticides, bad livestock practices. 83% of polluted land contaminated by cadmium, nickel, arsenic, etc. Soil in S China worse than in North. 8M acres too polluted for farming ... Over half the growth in global CO2 pollution last 10 yrs from China's increased use of coal for power gen. Air pollution slashing avg. 5.5 yrs off life expectancy in N China. 8-yr-old kids with lung cancer ... China now plans huge coal gasification effort. Produces more CO2 emiss than traditional coal plant (Um, go figure, China.) ... Shell, BP deals to supply Kuwait with LNG next 5-6 yrs during peak demand April to Oct. Total volume for both comps ~2.5M tons/yr. Kuwait looking for another contract ... Canada regulators approved 25-yr LNG export license for Triton. 320MCF/d from floating facility. Canada has approved licenses to export up to 3.43TCF/yr. But projects not yet approved ... Wind over 4% of US powergen last yr ... EDF 62Mw offshore wind farm now online in Britain. Also got 1.3Gw combined-cycle NG plant online in Brit ... Finavera sold 184Mw of Canada wind projects for $28M to Pattern Energy ... Power REIT bought 450 acres in Cal for 60Mw solar project online by yearend. Also got $26M credit line. To lease land to project developer ... NTR (Ireland) sold 150Mw Okla wind project to Trade Wind Energy (Kan) for $60M. Farm online in '15 ... 10 major US cities formed City Energy Project to significantly increase energy efficiency in bldgs. Mgmt by NRDC, Institute for Market Transformation. Boston, Philly, Atlanta, Orlando, KC, Houston, Denver, Salt Lake City, LA. Others to join. Each city to get full-time consultant for 3 yrs. Bldgs emit 40% of US carbon pollution. Largest source. Over 50% at city level, up to 75-80% in NYC ... NextEnergy Solar Fund to invest 750M Pounds in UK solar next 3 yrs ... United PV in talks with Sinolease over $1.6B finance ... Onward and upward, pards. Happy trailers. Bill Gates for President.

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