Sunday, June 8, 2014

RUSSIA BANNED US from International Space Station. Obama's turn again. (Will it speed up private shuttle development?) ... Iraq to sue any company or market that deals or markets Kurd oil sent to Turkey. (I saw 1 report that a tanker loaded with Kurd oil did a U-turn in the Atlantic days ago.) ... El Salvador joined Venezuela-led Petrocaribe. Allows govts to take up to 25 yrs to pay for oil with option to trade goods, services for it ... Members of OAPEC announced 34 new oil discoveries, 10 new NG discoveries in '13. Most significant 1.3B bls in Algeria, 71 BCM NG in Qatar ... Spain capping subsidies for clean energy generation to 7.5%/yr. May be revised every 3 yrs. Clean power gens almost 1/3 country's power. Spain has paid ~$76B in subsidies to clean gen since '98. 9B Euros in '13. Cuts will be ~2B Euros. Wind plants built before '04 losing all subsidies. Spain has ~23Gw wind, 4.6Gw solar ... Vestas supplying 158Mw of wind turbines for 3 projects in Turkey ... Scotland govt OK'd SSE Power 224Mw wind project. Scotland goal 100% clean power by '20 ... Delhi India to build up to 100Mw rooftop solar. Program to lease rooftops to private solar utilities. Rooftop owners get 5 cents/Kwh they produce. 2Gw Delhi rooftop potential.

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