Monday, August 4, 2014

ISIS, KURDS BATTLING OVER IRAQ'S biggest hydrodam near Mosul. Still in govt hands. Kurds also preparing to retake Syria border post, nearby towns. In recent days, ISIS seized control of 2 Kurd oil fields (30Kb/d total), Kurd towns. Baghdad also still controls hydrodam in Anbar ... Atlantic ocean warming (from global warming) cause of host of climate shifts in last 2 decades: study. Strengthening Pacific trade winds; sea levels, sea surface cooling in E Pacific; ocean current patterns, Cal drought intensity among results. Also, Indian Ocean warmed more than the other oceans last 20 yrs. When pressure difference between Atlantic, Pacific basins ends, researchers expect sudden acceleration of global avg ocean surface temps ... Cal broke state record for worst drought ever. Could run out of water in 2 years. (Got a couple inches in south last 24 hours, caused mudslides.) ... Europe on pace for warmest summer since '06: experts ... Wildfire smoke may be worse for climate than previously thought ... Dozen US states filed suit vs. EPA over power plant carbon emissions rule ... NM State U researchers patented method to convert wet algae biomass directly into crude biodiesel. DOE, DOD funded research. (Tell Toledo OH.) ... TX power industry split over $600M powerline project intended online in '18 ... Rosneft $4.25B deal despite sanctions. (Should be more on it later.) ... San Onofre nuke decommissioning to cost $4.4B ... Nigeria, Shell failing to clean up Niger delta: report ... Clean/renewable heating, cooling now part of Massachusetts RPS after gov signs ... Siemens $25B finance arm to promote nascent clean/ren techs ... GEVO sees MN biofuels plant breakeven this year. Hope for 1M gal/yr isobutanol production by yearend. 3M gal in '15. Also makes 18M gal/yr of ethanol ... Sharp shifting focus to energy storage systems using lithium-ion batteries ... Stanford prof says Cal can exit fossil fuels by '50, create 220K jobs in process ... Murphy US added E15, E85, biodiesel to 4 gas stations in Iowa ... Renewable Algal Energy (Swiss) says 4Q14 target date for their 1st commercial algaefuel production ... Velocys' 4-company JV to build 1st commercial gas-to-liquids plant in Okla. Online in '16 ... More oil comps abandoning Arctic drilling plans, letting leases expire ... Coral damage from BP Gulf of Mex spill worse than thought ... Westinghouse to build nuke reactor in Bulgaria to expand plant that ops 2 Russia-designed reactors. ~$5B ... Iran to supply el to 1K villages in Sri Lanka. $110M. 400 villages already done. Iran also implementing 70 water, power projects - $3.8B worth - in other countries. Also exported over 3.2Gwh of el to neighbors in March-June, up 12.4% over last year ... Alaska Energy Authority approved $20M loan for 5Mw hydropower plant. Online '16. Total cost $28M ... Bolivia expects at least 163Mw clean/ren power capacity within 10 yrs. 1st wind farm online this year - 3Mw ... Boralex (Canada) bought 14Mw wind project in France. $34M to complete ... Fotowatio closed finance on 70Mw solar project in Australia. $95M Australia govt grant. 1st large scale project in Australia to use mechanical trackers ... Sumitomo Mitsui offering loans for solar projects under 2Mw in Japan ... Asia Development Bank, 2 comps to set up private equity venture in Asia to fund projects. Initial $400M. To invest in clean/ren power, water, climate-related biz ... India plans up to 20Gw of solar parks ... India property developer plans 100Mw solar capacity by '19. $148M. 1st 24Mw this year ... Philly biofuel comp plans $400M biodiesel plant in Ohio. 120M gal/yr cap ... Suzlon may return to profit in 4Q, pay down near 1B euro debt ... First Solar (FSLR) to build 52.5Mw plant in Jordan.

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