Monday, April 7, 2014
STUFF ... US corn converted to ethanol every year could feed 570M folks. Problem is, it's probably all GMO corn that causes leaky gut because pesticides, herbicides in the corn. So, kids, try and change that ... Microsoft cuts Windows XP support tomorrow. Exposes utilities, chem plants, critical infra worldwide to cybersecurity vulnerabilities. (G, why would they do that? Are their software sales down?) ... Bill Gates for president. He knows how to make money ... No future for new nuke in US. Distributed solar to take over: NRG CEO ... Forecasted Bakken production 1.1Mb/d avg '14. Up 250K yoy. 1.7M by '20 seen by Wood-Mackenzie. Wells to last 25-30 yrs. They see ... Tehran giving CNPC 90 days to get going on oil field shared with Iraq. In 7 yrs CNPC drilled 7 of 185 wells promised. Production 50Kb/d. Iraq pumping 175K, planning 400K ... Kurds postponed exporting 100Kb/d through north pipe. Pipe reported out of order (probably bombed again) ... Libya, rebs agreed to open 2 of smaller oil export terminals. 200Kb/d total cap. Larger ports may open in 2-4 wks ... Tatneft (Russia) plans to resume Libya ops this yr. Idled in revolution ... Major refinery shutdown in Nigeria. Functional probs, vandalism. Will exacerbate shortages ... Exxon: little risk for them from climate change. Reserves will be needed to meet expected demand growth ... ~71% of Canada oil production in '13 exported to US. 2% to other countries ... Chevron unit, 10 employees to face Brazil criminal charges for offshore oil spills in '11, '12 ... Large share of global offshore drilling fleet over 30 yrs old, to need replacing ... Vienna research comp: lifting US crude export ban would raise US crude production ~700Kb/d, raise US exports ~1.5Mb/d, raise US imports ~500Kb/d by '20. US refiners would lose ... 883TCF shale NG under Europe ... Beijing wants to increase NG to 10% of China energy mix by '20. 5% now ... Thai national oil comp taking 25% of Brazil deepwater blocks held by BG Group ... US crude imports down over 10% in '13 to avg 7.6Mb/d. Lowest since '96 ... Xcel Energy proposing new solar program for Colo customers. Access to large-scale rooftop solar ... Smith Electric Vehicles (KC) suspended production at yearend. Cash shortage ... Global clean power investment down 14% to $214B in '13. New cap, though, fell only 8% to ~81Gw. Fossil-fueled power investment down 13% to $270B. New cap fell 14% to 95Gw. Fossil over 20 cents/w higher to build by my math. And that's before the cost of the fuel. (Clean energy is free.) ~44% of all new power cap in '13 clean, ~same as '12 ... '13 PV solar global installs up 26% to 39Gw in '13 as investment fell 23% to $104B ... SUNE giving up 20Mw solar project in India. Concerns that local cell makers won't be able to ramp up supply in time besides raising prices over bidding. So project not viable. SUNE still plans to build another 30Mw project though, not explaining that ... Atlantis Resources to test tidal power turbine in China with Dongfang. Atlantis working with Lockheed Martin ... Ioxus (NY) - ultracapacitor tech - got $21M to expand in China. 2nd NY factory to be built this year. May build 1 in China. They export 80% of what they make, 1/2 of that to China. Reduces diesel bus emissions by up to 2/3 ... World Bank's IFC has invested over $11B since '05 in projects to reduce climate change effects ... Record $9B "green" bonds issued globally in 1Q14 ... DP Energy to finance 330Mw tidal power for portfolio ... Indonesia to auction 375Mw geothermal power mid-year ... PNE Wind (Germany), STEAG (Germany) forming Turkey JV. PNE bringing 700Mw wind projects ... Norway to increase $860B sovereign (oil) wealth fund clean/ren investment to $8.3B ... India passed 2.6Gw solar cap installed ... Tata to add 912MW "green" power.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment