Wednesday, June 18, 2014

FIGHT ON BETWEEN IRAQ ARMY, ISIL for country's largest oil refinery ... Russia considering $1.5B investment in Crimean clean/renewable energy ... Canada approved Northern Gateway 500Kb/d pipeline to send oil sands crude to B.C. Pacific coast. 209 conditions attached to Enbridge deal ... Lake Mead to probably fall to lowest level since '38 next month. Possible cuts of water deliveries to cities, even Phoenix, Tucson. Mead ~45% of capacity. Lake Powell ~42% ... DOI plans to auction over 1,100 sq. miles offshore Mass for 5Gw wind power ... Existing models "grossly underestimate" costs of global warming: chief UK climate economist ... Tesla (TSLA) Model X production on track. Could be big '15 ... Arctic warming means fewer extremely cold days in US, UK: study. (Obviously, not the case last winter in US Midwest.) ... TX residents say data links injection wells to quakes ... N Dakota topped 1Mb/d oil production ... Global shale boom will spread sooner than expected: IEA. Could hit 650Kb/d non-US by '19. Russia, Argentina, Mexico ahead of the pack ... Solar City (SCTY) bought Silevo for $200M. 32Mw solar module factory in China, promising tech. SCTY plans 1Gw NY panel factory within next 2 yrs. Crystalline-amorphous hybrid cell. 21% efficient. Hopes to reach 24% next couple years. Uses copper, not silver. 26% efficiency potential because panel absorbs sunlight on both sides ... Mass granted $3.5M to 9 comps for renewable thermal power ... India using blend wall argument to keep ethanol mandate at 10% ... Repsol, Spain comp JV got US patent to make advanced biofuels from glycerine ... US now world's largest petrol liquids producer, largest exporter of refined petrol products. US net exports of refined products est. 3.5Mb/d by '20: IEA ... China president Xi says China needs energy "revolution". Govt drawing up new criteria for reforming energy use, production, moving faster to update energy regs ... Romania nuke power use up 1.6% in '13. .5% of '13 world total ... Chev Volt owners passed .5B electric miles driven. Over 63% driven in EV mode. Over 970 miles between gas fillups. $1,450/yr fuel cost savings. Reduced gas use over 25M gal ... Sun Edison (SUNE) to buy 50% stake in AES unit's 336Mw solar project, 40% stake in 183Mw solar project ... AES selling majority of its solar biz for up to $207M. To get ~$50M more from Google investment in Cal project ... EPA carbon rules designed to boost nuke plants struggling to compete: McCarthy ... 50Mw New Mexico solar plant now online. First Solar (FSLR) sold it to Southern Power last month. El Paso El buying power. Sited on less than square mile ... Food waste-to-power plant opened in England. ~120K metric tons/yr food waste feedstock. Converts to methane for NG grid ... NewCO2Fuels (Israel) needs $5M more for trial plant. CO2/water-to-synthetic gas ... Ener Capital (Czech) got $54M from Poland comp to invest in CHP projects from NG, biomass in Europe. Ener seeks to raise $50M Euros for 10-yr energy efficiency fund ...Tata Power Solar finished 50Mw solar plant for NTPC in India ... Suncor, Ecolab, SK Group investments brought Emerald Clean Tech Fund up to near $100M ... 4 former Republican EPA chiefs lauded EPA carbon rule in Senate hearing ... US to see more wind power M&A in '15 than past 4 yrs: Tamra-Tacoma Capital ... Denmark delayed Vattenfall 600Mw offshore wind project 2 yrs. New growth strategy ... EIB 260M Euro loan for Swedish biomass CHP plant ... Export Development Canada 125M Euro loan to Northland Power (Canada) to finance 600Mw wind project in N Sea ... Rame Energy (UK) to get $69M finance for 118Mw wind projects in Chile.

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