Friday, June 6, 2014

SCIENTISTS DISCOVERED 3 new ozone-depleting gases in atmos ... NC governor signed fracking bill that criminalizes chemical disclosure ... US crude imports so far this year 400Kb/d lower than last year ... China filed acceptance to Doha amendment of Kyoto Protocol committing to 40% cut of GHG emissions from '05 base by '20 ... Oil industry needs at least $120/bl for development of Arctic, some ultra-deepwater plays ... IEA forecasts $128/bl by '35. (They've been issuing wildly inaccurate price forecasts for past decade.) ... Sauds have run out of new oil fields to develop ... China clean energy comps raised $1B equity so far this year, up 46% from last year, 2% more than US comps. Fossil fuel comps raised 14x that. US comps raised $2.9B in '13 ... US NG use for power gen now 22BCF/d. Could jump to est. 32BCF/d by '20 ... PNNL team found commercial bldgs can cut heat, cooling el use avg. 57% with advanced energy efficiency controls. Ranged from 20 to 90% cut. Year-long trial at real bldgs. Results higher than computer simulations. Main component HVAC roof units. Found owners can recoup cost of buying, installing advanced controls in 3 yrs. Avg. cost savings $1,500/yr per unit ... Mississippi PSC on record opposing nuke waste storage in state ... DOE considering plan to ship German nuke waste to SC ... Ford, partners unveiled projects to improve cars' efficiency, improve mileage ... In new CO2 rule, EPA assumes all coal-fired power plants can achieve 6% efficiency improvement. Also assumes 1-1.5% efficiency increase/yr beyond power plants from '20 to '30 ... NJ suing 3 energy suppliers saying they deceived consumers by promising lower utility rates, then hitting them with huge bills ... Sungevity, E.ON unit formed partnership to expand solar biz ... Statkraft, SCA broke ground on Sweden wind project. 37 turbines. 1 of 6 projects they're developing together ... Bit-isle to build 11Mw solar plant in Japan. Online early '15. Up to $59M. (High.) ... Goldman Sach's ReNew Power (India) to buy 101Mw of wind turbines from Suzlon ... Sunpower (SPWR) to sell most of $400M debt offering to Total unit. Total owns ~60% of SPWR ... Ascent Solar (ASTI) raised $6M to increase production, get solar chargers into big-box stores. ASTI hasn't had a profitable quarter since going public in '06 ... First Wind to sell power from 7 planned wind farms to PacifiCorp (Berkshire unit). Construction start late '14. 20Mw total ... Independent Fed investigators (CSB) warning Gulf of Mex oil/gas ops still unsafe despite scores of reform efforts ... EPA CO2 rule unlikely to be game change for clean energy innovation: expert ... Obama, Europe leaders call for "ambitious" '15 climate pact ... Fed judges rejected childrens' "public trust" suit v. EPA, other agencies ... Contractor pled guilty to dumping National Mall sewer waste into Potomac ... Appeals court ruled BP must pay Clean Water Act fines for Gulf spill ... WY educators asking Board of Ed to rethink opposition to teaching climate change ... China warned of dangers in removing mountaintops to make cities ... Trove of new creatures discovered in Myanmar since opening up country ... OX2 - Nordic wind developer - plans expansion to new Europe markets ... Perpetuwave seeking finance to develop 40%-efficient wave power tech ... US tariffs on China solar slowing PV price reductions ... Renova Energia getting $458M loan from BNDES to finance 386Mw wind project in Brazil ... IDB $66M finance for 72.8Mw Sun Edison (SUNE) solar plant in Chile ... Martifer Solar (Portugal) to sell 100Mw development portfolio of UK projects ... Gamesa 1st foreign wind turbine maker to secure project finance from China bank. 50Mw project ... EBRD, Uni Credit E57M for 84Mw Romanian wind project ... Nova Scotia Power $208M finance for 115.8Mw wind project ... NRG Yield buying 947Mw Alta Wind Energy Center (largest wind array in world) for $870M.

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