Wednesday, April 16, 2014
STUFF ...Ukraine getting NG deliveries from German utility ... China's coal consumption growth rate dropped to 2.8% in '12. Stayed there in '13. Est. rise to 3% this yr. 8.4% in '11. As high as 19% in '03 ... Judge upheld BLM decision to lease ~350M tons fed coal for mining in Powder River Basin ... Scientists want bigger research budgets for pulling CO2 out of air ... Gaps linger between clean energy, bond market support ... Super-warming HFC emissions up 41% in 7 yrs: EPA ... China to make environment a priority with new law ... UN climate report summary changed to avoid "consequences" during UN climate talks ... Central Am rainforests face destruction as Mexico's drug crackdown heads south ... Global clean energy, energy efficiency, EV investment up 9% 1Q v. '13 to $47.7B on surging demand for rooftop solar from US to Japan. $318B in '11. $254B in '12. 1Q14 invest on solar up 23% v. 1Q13 to $27.5B. $21.2B for projects under 1Mw. Investment in EVs, grid efficiency more than tripled to $3.1B. Wind investment down 16% to $13.9B. Biofuels down 28% to $664M. US investment almost double. China up 18%. Brazil more than tripled. Europe down 30%. Up 82% in Africa, Mideast. $58B in 4Q13 ... 1/3 Beijing's air pollution comes from outside city ... Run-of-river hydropower market est. $1.4B in 10 yrs. Tens of millions now. Typical turbines 500Kw-1Mw. Cost competitive now with fossils ... Californians to start receiving "climate credits" next month. ~$35 on household utility bills for customers of 3 S. Cal utilities, a few others. Credits ev. 6 mo. Money from cap-and-trade program. Residential ratepayers to ultimately bear increased costs from program ... GEVO inserted "going concern" statement in annual report. Over $66M '13 loss, accumulated deficit $262M. $24M cash ... DOE granting up to $10M more for advanced biofuels development to get to $3/gal by '22 ... NASA agreement with Germany, Canada for flight tests to study effects of different biofuels emissions on atmos ... Methane emissions from shale gas could be much higher than previously thought. 100-1,000x more. Could be from coal seam gas during drilling. If less than 3.2% of methane released into atmos from wells, elsewhere, NG retains emissions advantage over coal. "Fugitive rate." Study found rates 2.3%-17.3%. New EPA fracking rules in '15 ... In past century Iowa topsoil eroded from avg. 18" to under 10". At 6" production drops sharply. Soil naturally erodes ~400lbs/ac/yr. On over 1/2 of US cropland its 11K lbs. 2x that on worst land. Problem all over world. Takes over 500 yrs to make 1" of topsoil. And every year there's more pards to feed. (Was Malthus right? Jesus coming back soon anyway, what's the worry?) ... Gamesa India to commission 800Mw wind '14-'15. Over 200Mw ready to go online. Orders for 600Mw more. Commissioned ~400Mw '13-'14 ... Swedbank funding Eur103M for 73.5Mw wind project in Lithuania. Total cost Eur128M. Online late '15 ... Alstom providing turbines, generators - Eur225M worth - for 1.6Gw NG-fired combined-cycle power plant in Anbar Iraq. Online '16 ... Global EcoPower brought 20Mw wind project online in France ... SCTY to resume connecting energy storage systems in Cal after regulators said they're exempt from utility fees. Final ruling in May ... Capital Stage bought 51% of 12Mw German wind project. Online Dec. Nordex turbines ... Jinko Solar finished 2 solar plants - 39Mw total - in China ... Clean energy public market deals hit 6-yr high in 1Q. Valuations stabilized ... Suzuki re-entering hybrid market ... Rio Grande do Norte brought 313Mw - 14 projects - wind online in March in Brazil ... Next Energy Solar Fund raised 85M Pounds in London IPO ... Yingli, Sailing Capital to set up $160M solar energy fund ... EIB providing Eur2B for low-carbon, CCS techs raised with sale of 300M emission permits ... Impax (UK) financing 27Mw Finland wind farm. Bought another Finland wind project ... Irish utility stopped Eur1B clean energy hub that was to export wind power to England. Deal fell apart last week over timeline?! ... BP, Coast Guard declared Gulf of Mex shore cleanup from spill over. (What year was that? '10? And still eco recovery going on in Alaska from Exxon Valdez. When was that?) ... Gulf of Mex oil/gas leases set for US auction in Aug ... Reno added 4 electric buses to public fleet ... Cal set standards for "Brockovich" chemical. (Takes time, huh?) ... Well, pards. Onward and upward. Happy trailers. Bill Gates for President.
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