Saturday, November 29, 2014
FRIDAY CLOSE .... Market flat, mixed. Volume holiday light. WTI over $66, Brent over $70. US natgas down to $4.08. Record Italy unemployment. Brazil out of recession .... (stock #s in %) ECAU up 34. WWPW up 33. CPWY up 30. MKBY up 23. GWBU up 16. EWRL up 14. WEST up 11. EVSI, SENY, ZNNMF up 10 .... TPLM down 25, new low with volume. CSOL down 24. GSFVF down 17, new low. CJES down 17. AXAS down 16. HIIT down 16 with volume. CHGT down 14. PEIX, SZYM down 13. (Oil prices hit biofuels too.) DPSM, GEVO, CABN down 12. CSIQ down 11. LSCG down 11, new low. NAMG down 10, new low with volume, news. AMLM, GPRE down 10. VOIL down 10 with volume. WPRT down 10, new low. SKYS down 9. RVLT down 8, back to low. JASO down 7. HSOL down 7, new low.
Friday, November 28, 2014
RUSSIA SUSPENDING COAL DELIVERIES TO UKRAINE. Ukraine declaring state of emergency for power market. They have self-sufficient supply of coal but coal mines, rail lines in east shut down from fighting .... Russian Navy successful test of new ICBM as Russian ships come into English Channel to ride out North Sea storm .... Billions of people will suffer worse floods, droughts if tech used to reflect sunlight back into space from Earth .... Over 1,400 of 22K endangered species on Earth threatened by global warming climate change .... China likely to fall well short of target 35Gw solar capacity by '16. Profit-seeking speculation, lack of experience of plant builders, operators cited. 10Gw this year expected. Target 14. Last year 13 .... US stocks report: oil/condensates production up 73Kb/d to 9.09M last week .... Ofgem final plans to invest $26.7B to maintain UK grids, connect clean, small-scale power plants. Customer bills will be reduced avg 11Pounds/yr .... TRIG bought 25.3Mw Ireland wind farm for $22M .... Wehan Kaidi to invest $1.12B in clean/renewable power .... India to install 22Gw solar next 5 yrs .... Chile biomass power gen up 70% last 5 yrs .... Share of clean/ren power in UK energy up to 16.8% .... E-cigs have up to 10x carcinogens of regular cigs: Japan research.
FRIDAY OPEN .... Market up 56/18/-- . Volume holiday light. WTI over $68, Brent over $72. Russian warships in English Channel .... (stock #s in %) WWPW up 33. CCTC up 14. ZNNMF, WEST up 11. ALTI up 7 .... CSOL down 24. TPLM down 20. CHGT down 19. SSOL down 17. HIIT, NAMG, LEXG down 16. CJES down 16, new low. XDSL, GSFVF, BFRE down 14. AXAS down 13. CABN, PEIX, DPSM down 12. CSIQ, SZYM down 11. LSCG down 11, new low. AMLM, BLDP down 10. WPRT down 9, new low. ENPH down 8. JASO down 7. SPWR, FSLR down 6. (The market has still not learned to separate clean power from oil prices. Buying opportunity.) SUNE down 5. RVLT down 4. HSOL down 3, new low.
Thursday, November 27, 2014
BRENT OIL DOWN $6 MORE TODAY. OPEC NOT CUTTING PRODUCTION. Sauds blocked it. Russia oilman: ensures US shale oil crash .... US, Yemen mission freed 8 hostages held by al kayda. (That's right, why respect correct spelling of evil bastards.) .... US, Brit data showing '14 could be globe's hottest year on record. '10 was hottest so far .... Great Lakes region benefiting from global warming climate change .... India ID'd 12 states to build 22Gw solar .... Turkmenistan, Afghanistan, Pakistan, India to build natgas pipeline from Turkmenistan eastward .... Indonesia reduced gasoline subsidy .... US crude, condensate production over 8.6Mb/d in Aug: EIA .... In '01, Gulf of Mex was source of ~25% of US oil/gas production. Last year, under 10% .... Avg. el rates in EU more than double of US in '13 .... $35M finance for Ascent Solar (ASTI) .... Happy Thanksgiving, pards.
WEDNESDAY CLOSE .... Market up 12/29/5. Volume holiday light. WTI over $73, Brent over $77. US natgas down to $4.37. Gold back under $1,200. Sauds say oil prices to stabilize. (1 expert sees oil in $50's next year.) HSBC, Goldman rigged metals' prices for years: lawsuit .... (stock $s in %) MGLT up 233 after reporting. ASPW up 53. CSOL up 32. BLQN up 28. GWBU up 25. PWDY up 22. SSOL up 20. ZNNMF up 14. LEXG up 12 with volume. CABN up 11. RVLT up 8 with volume. ALTI up 7. BBLU up 6 with offering. LEDS up 5 after reporting .... DSTI down 55. CPWY down 36. WWPW down 34. WTWO down 33. BSRC down 18. ABAT down 10 with volume. CCTC, PRHL down 10. AVAV down 8 with volume after reporting.
Wednesday, November 26, 2014
NOREASTER .... A weak noreaster because backup low hadn't made it into Cincinnati in time. (Gotta love aviation weather studies. And trains.) .... And then now there's this shooting of a 12 year old in Cleveland by police who told him to put down his toy gun 3x. This has to really end. This cops v. toy guns thing. Cops too ballistic? Over wahtevered? Stupidity? Uncaring? Racism? Too scared? A 12 year old kid didn't know enough to respond to cops' orders 3x. What the hell? And there it is. There it is. Sad but true. When a cop orders you to do something, DO it or be killed. Unless you are confronting an enlightened cop (an anomoly?). And there is the issue of enough black cops to mirror society. How about hispanic cops? Asian? What's that called? Equal opportunity? Equal law enforcement? Then there's equal enforcement of muslim law. Oy. Jewish law. Double Oy. What is the United States? A boiling pot of bergoo? Americans have pretty much taken anyone in from anywhere in the world. The United States of America IS the world. (With an English, Euro bias.) We do speak English and have to learn other languages. Ola. And now. We give thanks. Thanks we are not in hell of war like WW2 as example. Even not in cold war. Tho some (1) wants to revive it. Yea, Lots of countries with nuclear weapons to obliterate civilization. What a world. Happy happy because we assume no nutjob will light the match. And then there's the supreme ayatolloh of iran. wow. what a light for the world, A? let's get more nuke bombs for him because he has so much enlightenment. (And at this point I might be losing readers but I don't care about them as they do not care for truth as I see it.) Yea, this is a real blog log. Hay, if there's no money involved, or desire, let the thoughts fly. I wish there were a bomb that could take out ISIS with 1 of them. And the rulership in Iran with the 2nd one. And then and then and then. Is that hate? Or just righteousness? They hate. They kill. We don't want that. Tho some of our cops do. Rut ro. Hopefully not 2 many cops. And so I run out of thot. Happens. Nightly news on NBC. (I spent 30 minutes alone in my office with Roger Mudd during spring of Watergate.) A long long story. The road is long. So .... let's all tell our stories well.
GLOBAL INVESTMENT IN LOW-CARBON POWER, ENERGY EFFICIENCY NEEDS TO MORE THAN DOUBLE TO $790B BY '20 to keep global warming within safe margins: IEA .... Over 1/4 of Americans skeptical of global warming climate change .... Oct warmest on record globally: NOAA .... Brazil extending Amazon-saving soybean moratorium to '16 .... Atlantic hurricane season quiet this year for 9th year in row. (When did Sandy hit?) .... Europe's nations want carbon capture/storage incentives in climate accord .... Florida regulators slashed efficiency goals for utilities .... Colorado commission 2-yr solar incentive plan .... Compton Cal rescinded fracking moratorium. Oil/gas industry dropped lawsuit .... Siemens selling its tidal power unit citing too slow development .... Audi launching synthetic fuels pilot plant .... France ethanol industry leading way toward EU-wide E15 by '30 .... Sauds, UAE, Bahrain renewed diplomatic relations with Qatar .... US utilities facing coal shortages due to rail congestion .... Russia losing ~$40B/yr from West sanctions, $90-100B from lower oil prices .... OPEC meet tomorrow. Russia said "no deal" with OPEC to cut production .... Yingli supply deal for 72Mw to Solarcentury in UK .... Zimbabwe utility tendered 100Mw solar in 50Mw phases .... Enviros suing BLM over coal leasing program .... MDU to buy 107Mw wind project in N Dakota from ALLETE for $200M. Online by '16 .... Well, In US, of course, we give thanks tomorrow. As everyday thing, of course. We just have made a big ole holiday out of it for a long time now. Anyway, one of my thanks is thank you all for taking time out of your days to come read me ole blog. Happy Thanksgiving. Count your blessings.
Tuesday, November 25, 2014
TUESDAY CLOSE .... Market flat, mixed. Volume normal. WTI over $73, Brent over $78. US natgas up to $4.36. Ukraine: 7.5K Russian troops in Ukraine. N. Korea threatening nuke war to defend its human rights record. (I know, just keep your laughs appropriate. Does Rodman get called in again?) Russia finance minister: ruble will continue to fall, but more slowly .... (stock #s in %) DSTI up 122. CPWY up 38. BSRC up 33, up 4x off bottom. CSOL up 27. ZNNMF up 25. DPSM up 21. WTWO up 20. LYSDY up 17. XDSL up 16. WWPW up 15. AMLM up 11 .... GWBU down 26. FNVRF down 18. RVLT down 16, new low with volume, stock offer. NGLPF down 13 after reporting. SSOL down 13. EWRL down 13 with volume. PSPW down 11. ABAT down 11 with volume. CBEH down 11, up 10x from bottom.
$53T COST TO HOLD GLOBAL TEMP RISE TO 2*C: group's estimate .... China needs $145B/yr investment to meet '30 targets: report. (Do the math. Only over $2T. Of 53 needed.) .... EU air pollution cost up to $235B in '12: report .... India increased '22 clean/renewables target to 100Gw .... Polls show partisanship determines belief in global warming climate change. (Folks, scientific fact is what we need to go on. This is about our children's and grandchildrens' lives, assuming this age lasts much longer.) .... Poll found bipartisan support for tighter ozone standards .... Extreme weather has stunted children's growth in Peru: study .... Underwater robots finding thicker Antarctic ice. (Well, they just had winter.) .... Wind power 68% of new US power gen capacity added in Oct. - 574Mw from 5 wind farms in 5 states. 132Mw natgas also came online. 102Mw biomass. 31Mw solar. Over 9.9Gw new capacity online since Jan 1, 54% NG .... Supreme Court to review EPA mercury rule .... Texas started GHG permitting, taking over from EPA .... Oil/gas industry group suing Colorado over local fracking ban .... World's oldest oil well still pumping in PA .... OPEC pumped near 31Mb/d in Oct, almost 1M above target .... Beijing announced petrol reserve now 91M bls. About 9-day supply that could stretch to about 3 weeks. Plans to have ~500M bls by '20. US reserve now 727M bls .... Putin says govt will step in to keep Rosneft solvent .... Goldman Sachs winding down coal, uranium trading .... Iran would double oil exports if sanctions lifted .... Iran nuke talks extended to July .... Westinghouse multi-party deal (China in) to develop 4-unit nuke power plant in Turkey .... Solar Reserve opened Africa's largest solar farm in S. Africa. 96Mw .... Japan refiner to build 4 more solar farms in country. 6.9Mw total. Already has 28Mw solar in operation or under construction in Japan .... Invenergy got finance for 207Mw TX wind project. Online 3Q15.
TUESDAY OPEN .... Market flat, mixed. Volume light. WTI over $76, Brent over $80. US 3Q GDP growth revised up to 3.9%. France suspended warship delivery to Russia .... (stock #s in %) CPWY up 44. WTWO up 40 more. GWBU up 29. ZNNMF up 18. LYSDY up 17. XDSL up 16. WEST up 7. XSNX up 6 .... BOPO, FNVRF down 18. PTOS down 16. RVLT down 15, new low with volume on offering. NFEC down 11. EWRL down 10. CABN down 9.
Monday, November 24, 2014
MONDAY CLOSE .... Market up 7/41/5. Volume light. WTI over $75, Brent under $80. US natgas down to $4.27. No nuke deal with Iran .... (stock #s in %) SLMU up 84. GSFVF up 30. LSCG up 28. WTWO up 25 with volume, news. CSOL up 20. BFRE up 17. IFXY up 15. GEVO up 11 with volume. BOPO up 10. MMMW up 9. CREE up 3 .... ASPW down 44. ALTI down 18 with news. WEST down 17 with volume. DPSM down 17. AWSL down 13. GPRC, SWET down 12. SENY, AMLM down 11. GTATQ, GWBU down 10. CSUN down 3, new low. RVLT flat after new low with volume, news.
1.5*C GLOBAL TEMP RISE ALREADY "LOCKED IN" BY EMISSIONS SO FAR: World Bank chief. Also extreme heat events .... India, China reversed policy, now backing US efforts to limit HFCs (worse than CO2 in global warming) .... 8.85Gw new wind power installed in China in first 9 months of '14, up 22% over '13. Total cap now near 85Gw .... NJ rejected proposed 25Mw wind farm offshore Atlantic City by Fisherman's Energy .... 89% of current US tight oil production will peak this decade, be negligible by '40: expert .... Fighters forced al Qaeda from Yemen town .... UK Green Investment Bank investing in $172M power/heat from waste wood plant in England. 13.2M Pounds equity, 16.9M Pounds loan. 20Mw power, 7.8Mw heat. Online in '16 .... IKEA to invest $1.9B in clean power by '16 .... Walmart hired Solar CIty (SCTY) to install solar at stores over next 4 yrs. Some with power storage .... Walmart uses more power than Alaska, Delaware, Hawaii, Maine, Rhode Island, Vermont combined. They say they get 24% of their power from clean sources .... World Bank $60M 5-yr cookstove program .... Sun Edison (SUNE) to invest $30M in 140Mw/yr solar panel factory in Brazil. To build solar farms with Renova, initial 107Mw by '17. 1Gw planned next 5 yrs .... Canadian Solar (CSIQ) sold new 28.4Mw Mojave solar farm to Dominion .... Sustainable Power $65M deal with AZ utility to provide 45Mw solar power at 5.3 cents/Kwh from project in development .... China comp offered $640M for REC Solar. REC mainly making panels in Singapore. China controls all of top 10 solar comps except Hanwha (HSOL), First Solar (FSLR) .... Brooke Renewables to invest up to $1B over 5 yrs in Malaysia cellolosic biofuel/chem project .... Yingli supplying 120Mw for Europe's largest solar farm .... DOI set Jan. date to auction 742K acres off Mass for wind power development .... Alaska LNG project OK'd to export to free trade nations: DOE .... Most Americans give EPA low marks on job performance: poll .... EPA faulted 7 states, D.C. for lagging on NOx compliance.
MONDAY OPEN .... Market up 14/27/5. Volume light. WTI over $76, Brent over $80 .... (stock #s in %) MMMW up 11. GEVO up 10. ALTI up 9. ABAT up 5. JASO up 2 more, over bottom 200-day line. SCTY up 1 with upgrade .... DPSM down 24. SWET down 19. PRHL down 15. GPRC, NAMG, NGLPF down 13. ZAAP down 10. AXPW down 9. RVLT down 5, new low. SZYM down 4, new low.
Friday, November 21, 2014
FRIDAY CLOSE .... Market up 91/11/10. Volume slightly heavy with options expirations. WTI over $76, Brent over $80. US natgas down to $4.42 .... (stock #s in %) WWPW up 81 on 200 shs. NAMG up 47 with volume. BOPO up 26. SSOL up 23. ABAT up 20 with volume. (Get on board? Or wait for pullback?) CSGH up 20. LEOM up 16 with volume. JUHL up 15 after reporting. DPSM up 14. NGLPF up 13. AXPW up 12. AMLM up 11. CABN up 9 with volume .... MGLT down 77, new low on 2K shs. CBEH, IFXY down 21. MMMW down 16. XDSL down 14. PTOS down 11. SZYM down 5, new low with volume.
CHINA TO PUT 4.2B TON CAP ON COAL USE, no more than 62% of energy mix by '20. (Well, folks, between them and India we're pretty screwed.) .... China climate pledge needs 1K nuke plant effort: analysis .... Majority of Americans think worst climate impacts will happen in poorer, less-developed nations, not US: survey .... $9.5B pledged so far to UN Green Climate Fund .... Voters in battleground states back action on climate: poll .... Cyberattackers have penetrated US infra systems: NSA chief .... All the clean/renewable power in world won't stop global warming: Google (They see the Chinese and Indian writing on the wall. Can we translate "greenhouse"? ) .... 19 US shale regions vulnerable at $75 oil: analysis .... NRG Energy plans to cut 90% of carbon emissions by '50, 50% by '30. Already reduced carbon 40% since '05. Will use this year's 125M metric tons as baseline .... EPA could cut methane emissions of oil/gas sector in 5 yrs at cost of just 1% of sector's annual revs with the right rules .... State regulators want EPA to modify power plant CO2 rule to favor new nuke power .... Researchers found crops make seasonal additions to CO2 .... Growth of giant kelp accelerates amid higher ocean temps, more CO2: study .... Hollande calling for aggressive carbon cuts before Paris summit .... EPA punted on '14 RFS rule. Won't be done this year .... Cal ordering utilities to give ratepayers $1.45B for shuttered nuke plant .... Analysis recommends protecting 30% of oceans from fishing, mining .... Public health groups suing EPA over state compliance on airborne lead standards .... Georgia Power moving to add wind power .... Texas should seek 20% solar power by '25: report .... Shell expects to be making advanced biofuels at scale in US by '20 .... Bakken Sept production up over 52Kb/d to 1.12M.
FRIDAY OPEN .... Market up 135/35/15. New highs. Volume heavy, options Friday. WTI over $76, Brent over $80. Gold back over $1,200. China cutting interest rates. ECB stimulus pledge .... (stock #s in %) NAMG up 85. ASPW up 13. NGLPF up 12. FNVRF, SKYS up 9. NTCXF up 7. ENPH up 5. SCTY up 4 with news. SUNE up 4 more. CREE up 3. JASO up 2 on upgrade, day 4 of surge .... MGLT down 77, new low. PTOS down 26. WTWO down 25. CBEH, IFXY down 21. LYSDY down 7, new low. NENE down 6. TSLA down 1 on downgrade.
Thursday, November 20, 2014
THURSDAY CLOSE .... Market up 33/26/4. Volume light. WTI over $75, Brent over $79. US natgas up to $4.53 .... (stock #s in %) CGYV up 100. BOPO up 36. BFRE up 35 with volume. CBEH up 27, up 14x from 12-mo. bottom. GPRC up 16. MGPHF up 15. BLQN up 14. GEVO up 13. OOIL, SKYS up 10. ABAT up 9, with volume, news. JASO up 5 with volume .... WWPW down 44. CSGH down 31. AQNM down 25. JUHL down 13. NAMG down 10, new low. CSOL down 10. LSCG down 6, new low. QTMM down 4.
BREAKTHROUGH OIL SANDS TECH TO BE TESTED IN UTAH. Cleaner. Cheaper. Cost $38/bl v. $75 for old Alberta tech. $30 for larger plants. 32M bls on Utah project site. Green River Formation in 4-5 states may hold 3T bls. Uses paint thinner-like solvent, no water. No tailing ponds. (Only downside is all the emissions from oil use. Otherwise, US the new oil king.)
WORLD WILL NOT KEEP TEMP RISE BELOW DANGEROUS LEVELS despite recent efforts, commitments: UN report .... UK pledged $720M to UN climate change fund .... Methane emissions rules critical to US, China agreement: report .... Climate models wrong about carbon release from soil microbes: study .... EPA gave OK to wood-fired powergen. (How better is that with emissions than coal?) .... US airline industry made no gain in overall fuel efficiency last year .... Ice forcing early closure of Mississippi R. shipping .... EU taking up plastic bag reductions plan .... China aiming to relocate factories overseas to reduce their air pollution .... NOAA set to open US waters to aquaculture .... Global ship traffic up 4x '92-'12 .... Majority of Americans back Fed action to limit power sector carbon emissions: poll .... Volcanic eruptions may have contributed to pause in global warming: study .... Crab, shrimp, fish populations point to dramatic warming of Gulf of Maine .... US, Japan aim to tap methane hydrate resource off Alaska N. Slope .... 2 comps bought 300Mw, 1.09Gw hydropower plants in India for $1.8B .... Oregon comp making ethanol from juice from dry fruit processing .... SAS, Lufthansa, KLM in deal with Statoil for bioavfuel for Oslo airport. 2.5M liters of 50% blend starting in March .... EDF Canada, partner started 24.6Mw wind farm in Quebec .... High cost of finance holding up Africa solar projects .... Nordex supplying, installing 45Mw wind project in Lithuania .... Vestas supplying 52Mw of wind turbines for Inner Mongolia project .... Enel Green Power to finance $104M for Mexico wind farm. $196M total investment by Enel .... Sunnova Energy raised another $250M to expand solar install biz in US, overseas.
THURSDAY OPEN .... Market flat, mixed. Volume light. WTI over $75, Brent ~$79. German manufacturing, services sector weakening. France factories slump deepening .... (stock #s in %) WTWO up 33. BFRE up 19. LYSDY up 11. DPSM up 9. HYSR up 8. JASO up 4. NENE up 2 .... XDSL down 14 with news. CCTC down 14. PRHL down 11. MDDD, LSCG down 10. NTCXF down 2. RVLT down 1, new low.
Wednesday, November 19, 2014
WEDNESDAY CLOSE .... Market down 2/26/3. Volume light. (Yep, looks like market might be temporarily toppy.) WTI over $74, Brent over $78. US natgas up to $4.57 .... (stock #s in %) CSOL up 27. LMRMF, JUHL up 15. BFRE, PTOS up 13. NAMG up 11. ASPW, EVSI up 10. CBEH up 9. NENE up 4. GSFVF up 2 after hitting new low with volume .... DSTI down 53. CGYV down 50. LEOM down 29 with volume. LSCG down 21, new low with news. DPSM down 19. WWPW down 13. AMLM down 11. PSON down 10. RVLT down 2, new low.
SENATE DEFEATED KEYSTONE XL PIPELINE GO-AHEAD BY 1 VOTE .... "Fast-growing nations have role in curbing global warming climate change": Malaysia PM .... Senegal, other Africa countries planting "Great Green Wall" to hold back Sahara. 15 kilometers-thick wall of trees, bushes, etc. from West to East Africa .... To meet new climate targets, China coal use must fall after '20: think tank .... Sunfire (Germany) machine converts water, CO2 into synthetic petrol fuels. Fischer-Tropsch process with solid oxide electrolizer cells that convert el to steam. Ox removed to produce hydrogen that reduces CO2 to CO. H+CO yields fuels .... Fuel Cell Energy (FCEL) operating world's 1st "in-generation" plant in Cal that converts sewage into el for industrial facility, H for transportation fuel .... EPA raising enviro justice, emissions concerns with Corpus Christi LNG project .... Sierra Club challenging Alaska LNG project .... Pipeline now moving natgas from Eagle Ford to Mexico .... Cal Energy Commission $5.4M biofuel grants, $2.3M of contracts .... Brit wind farms generating more power than grid can handle. National Grid paid over $67M 1st 10 months of '14 for wind farms to shut down turbines. Over 30% more than all of '13. Most farms in Scotland. Lines to ship power south not ready yet .... FRIT completed 5.2Mw solar install for Long I. shopping center .... 1st solar plant by Qatar General El, Water to start ops before '16. 15Mw. Comp plans 200Mw solar by '20 .... Over 70 US utilities to increase investment by $50M/yr next 5 yrs to add more EVs to their fleets. PG&E also unveiled 1st hybrid bucket truck .... Jinko Solar closed remainder of $225M equity investment .... $181M solar fund launched in Japan .... Madhya Pradesh to take bids for 750Mw of solar in March .... KKR unveiled 1st project from 200M Pound clean power lending program .... UK solar power forecasted to be cheaper than natgas by '18 .... Trade Wind got OK for 136Mw Okla wind project .... Drillers on US public lands got $380M of royalty breaks '06-'13: report .... 79 hacker attacks on US energy facilities in '14 .... Spain detaining Greenpeace ship .... San Diego OK'd plan to recycle wastewater .... Anti-bacterial soap agent linked to liver tumors in mice: study .... UK govt must address air pollution: EU court .... France to send 6 more fighter jets to fight ISIS.
Tuesday, November 18, 2014
TUESDAY CLOSE .... Market up 40/31/10. Volume light. WTI over $74, Brent over $78. US natgas down to $4.36 .... (stock #s in %) DSTI up 115. SUNE up 29 with volume, news. TERP up 26 with volume, news. ABGB up 26 with volume. ASPW up 25. PSPW up 20. PTOS up 19. AQNM up 18 with volume. MGPHF up 15 with news. CSGH, AMLM up 14. AWSL up 11. CBEH up 11, up 10x on year. IFXY, LEOM up 10. AXPW up 9. JASO up 8 with volume after reporting. PLUG up 8 with volume. LSCG up 4 with volume .... GSFVF down 21, new low with volume. CSOL down 21. BOPO down 14. CNTO, DPSM down 13. NENE, ZAAP down 12. MDDD down 11.
KURDS SEIZED ISIS ARMS, BUILDINGS .... Russia forcing nationalization on Crimea biz .... France lawmakers approved clean/renewables target of 32% of power gen by '30. Also to reduce carbon emissions 40% from '90 levels, cut fossil fuel use 30% .... El Nino warning from Australia. Tropical Pacific sizzling .... El Nino to hit Horn of Africa .... EPA won't tighten GHG rulemakings to meet Obama's new climate commitments: McCarthy .... Canada pledged contribution to climate adaptation fund .... Polar bear population down near 1/2 in last decade: study .... India may double use of their coal by '19 from 565M tons in '13. Poor quality coal, roughly 2x as polluting as Western coal. Delhi's air already 3x more toxic than Beijing's. Calif teaming with India on step toward cleaner air .... Scientists proposing artificial clouds to shade Earth from dangerous warmth: study .... NRC rules ill-suited for nuke plant decommissioning: NRC head .... TX grid operator says EPA power plant plan raises reliability questions .... Researchers invented batt that can self-charge from low-level heat .... Canadian Solar (CSIQ) to supply 5.1Mw for 4 Solar America Energy projects in Georgia .... Solar Power (SOPW) to develop, own 168Mw of projects in China. All online by end of '15. Also buying 22Mw project in Japan .... Sun Edison (SUNE) buying First Wind for $2.4B .... Halifax 1st Canada city to use hydropower within pressurized water line. 32Kw. $443K cost .... Novozymes, university developed artificial enzyme almost 2x as effective as those used now to create cellulosic ethanol .... EMBRAPA says Brazil can increase its bioenergy production 6x without touching rainforest .... U of Houston chemists made molecule that spontaneously assembles into spongy substance to soak up huge quantities of many airborne pollutants. But useless against CO2 .... Enel Green Power got $104M bank loan for 100Mw $196M wind project .... Turkey central bank says natgas, el price hikes to add .4% to inflation .... Idaho Power applying for 11 solar projects for 281Mw .... Blue Earth (BBLU) to buy 6 solar, wind projects in Mexico. 273Mw .... Duke Energy readying to remove coal ash from 4 NC sites .... Google to buy power from 62Mw wind project in Netherlands for data center .... Clean/renewable power beats coal in Turkey's $400B plan .... NTT unit to build 15Mw solar in Japan. Online Oct '16 .... Tawagawa to build 5.5Mw solar in Japan. Online March '16 .... Jinko Solar closed on $225M loan for downstream solar biz .... JA Solar (JASO) $25M profit 3Q14 .... Abu Dhabi Fund cut clean power loan interest rates to 1-2% .... Virus caused mass sea star deaths .... Spanish Navy ship rammed Greenpeace ship .... Japan to resume Antarctic whale hunt with reduced quota .... Boehner opted for "Obamacare" v. Medicare when he turned 65 .... New Indonesia prez raised fuel prices 30%.
TUESDAY OPEN .... Market up 41/24/9. SP new record. Volume light. WTI under $75, Brent under $79. US producer prices up .... (stock #s in %) LYSDY up 31. TERP up 29 with news. ABGB up another 26 with volume, day 2 of rebound. SUNE up 23 with volume, news. PSPW up 14. LEOM up 11. SKYS up 7 with news. PLUG up 7. JASO up 4 with volume after reporting. SCTY up 4. TSLA up 2 .... AQNM down 20. ZAAP down 18. VSPC, GSFVF down 15. BOPO, XDSL down 14. NENE down 12. MDDD down 11. XSNX down 8. NTCXF down 4.
Monday, November 17, 2014
MONDAY CLOSE .... Market flat, mixed. WTI over $75, Brent over $79. US natgas up to $4.33 .... (stock #s in %) CGYV up 100. BOPO up 40. CCTC up 33. WTWO up 25. ABGB up 24 on rebound. XDSL up 16 with news. ZAAP, CNTO up 16. PSPW, ENZR, CSGH up 12. LYSDY up 11. ALTI up 5 .... ASPW down 50. GSFVF down 23, new low with volume. NGLPF down 23. PANL down 21, new low with volume. MKBY down 19. EWRL down 15. CABN down 13. ASTI down 12 with news. EFOI down 11. BBLU down 10 with news. MKTY, CHGT, SKYS down 10. ENPH down 4.
ISIS PROBABLY STILL GETTING SEVERAL MILLION DOLLARS/WEEK from smuggled oil .... Libya oil production said to be up to 900Kb/d lately. Likely under control of Islamist militias. Assumed exports .... Climatologist says Earth entering 30-yr cold spell because of sun. (Or UFO blocking sunlight since Sept?) .... US, China deal will avert 640B tons CO2. Won't change US Clean Power plan: McCarthy .... US, China to jointly build coal plant with CO2 sequest while making fresh water .... Exxon unit shut down 92Kb/d oil sands operation in Canada for "several weeks" due to "problem in core processing plant" (low oil prices) .... Drilling rigs in ND down to 186 from 195 in Sept. #1 reason: oil prices .... Offshore drilling comps mothballing, scrapping some aging rigs because of low oil prices .... Canada crude processed at Gulf of Mex refineries could climb to over 400Kb/d in '15 from 208K in Aug .... China will overtake US as world's biggest oil user in 20 yrs: IEA .... Unanimous approval of NYC climate plan .... Scientists breaking new ground with ocean acidification mapping .... Sunpower (SPWR) adding AC inverters to save 1/3 labor cost .... Closing down, cleaning up world's aging nuke reactors to cost over $100B over next 25 yrs: IEA. ~200 reactors. 10 shut down in last 40 yrs .... Ascent Solar (ASTI) raising $35M with convertible debt for retail expansion, Ener Plex rollout .... Kandi (KNDI) delivered initial 64 EVs to Wuhan car share biz .... DOI OK'd 1st US offshore wind transmission line .... Germany pressing for right to ban GMO crops .... Violence between drillers, enviros in Congo .... Botswana tribes evicted in name of conservation: study.
MONDAY OPEN .... Market flat, mixed. Volume normal. WTI over $75, Brent over $78. US industrial output down in Oct. Japan in recession .... (stock #s in %) CCTC up 33. ABGB up 27 with volume on rebound. ENZR up 19. XSNX up 12. CBEH up 10. SKYS up 6. NENE up 5 .... WWPW down 32. EWRL down 13. CHGT down 10.
Sunday, November 16, 2014
G20 PLANS $2T GROWTH BOOST, TOLD PUTIN TO GET OUT OF UKRAINE .... US side of US-China GHG emissions deal: 26-28% GHG cut by '25 from '05. China to be 20% clean power by '30 .... 50TCF natgas offshore Tanzania. $6B/yr potential for them. Elections next year. CNOOC, Exxon, Gazprom all vying .... Chevron launched NG production in Bangladesh. Production could reach 1.4BCF/d. NGL production could reach 9Kb/d .... Pemex planning LNG export terminal on Pacific coast. $6B for 5M tons/yr .... Romania's PM said they have no shale gas. Also could be 51TCF - 100 yrs of domestic demand. Chevron there. Oligarchs v. oligarchs .... UK awarded 134 licenses for offshore oil/gas in central N. Sea. 60 comps .... Eagle Ford to produce 1.65Mb/d in Dec: EIA. 1.2M Dec '13. Also 7.3BCF Dec '14 .... Fossil fuels reaping $550B/yr in subsidies. Holding back investment on clean power: IEA.
Friday, November 14, 2014
FRIDAY CLOSE .... Market flat, mixed. SP record high. WTI over $75, Brent over $79. US natgas up to $4.10. $ at 7-yr high. Ford, UPS, VISA pushing for net neutrality .... (stock #s in %) WWPW up 53. AQNM, CCTC up 18. SSOL up 16 after reporting. CABN up 15. SOPW, PSON up 14. SKYS up 13, new high after higher high selloff. OPTT up 13 with volume. URRE, GTATQ up 13. LSCG, PALAF up 12. NENE up 10 after reporting. SCTY up 4 .... ABGB down 39 with volume. PTOS down 23. AXPW down 16 with volume. LMRMF down 13. AWSL, CLNT down 10. XSNX down 8, new low.
US TO CONTRIBUTE $3B TO GREEN CLIMATE FUND for world's poorest countries' clean power development. $3B already committed by other countries. $10B wanted. (I wonder how much Russia will give.) $2.5B already contributed by US since '10 for the cause, not the fund .... Iraq, Kurd interim deal. Baghdad to pay $500M to Kurds. Kurds will let Baghdad sell 150Kb/d of oil exported by Kurds .... Obama doesn't think Keystone pipeline will create jobs or cut US fuel costs. House voted for the pipe today. Senate votes next week, 59 count for it. 3.9K jobs expected from 2-year build, 50 permanent jobs. But oil may be exported from Gulf of Mex, not even refined in US. Nebraska still to decide on pipe path. (Obama might veto if Congress passes.) .... Top N Dakota energy regulator wants requirement that oil comps reduce crude volatility before rail shipments .... Massey Coal exec indicted on 4 criminal counts for WV mine disaster in '10. 29 died .... Multibillion global energy efficiency market poised to grow: IEA .... Deepwater Gulf of Mex oil/gas production to peak in '16: analysts .... Norway, China pairing up on Arctic oil search .... New Mexico county voted to restrict oil/gas drilling .... IL residents suing state to stop fracking .... Africa opened geothermal energy research center for workforce development in Kenya .... 2 of Turkey's biggest hydropower projects halted over faltering peace talks with Kurds .... Clean/renewable power investment in Australia down 70% in past year .... Romania doesn't have shale gas: prime minister .... EC underestimating GHG emissions from biofuels by up to 50%: study .... Indonesia sticking with B10 biodiesel policy despite slow ramp up .... 2 of world's largest mining comps calling for global carbon price .... US, Hong Kong scientists discovered key to improving organic solar cell efficiency with easy, inexpensive commercial-scale process. Up to record 10.8% efficiency .... Construction start on world's 1st high-temp gas-cooled commercial reactor at China 2Gw nuke plant. Online in '17 .... Brazil development bank loaning $164M for 201Mw wind power (2 projects) in Brazil .... Vestas to start wind turbine blade manufacturing in UK 2Q15 .... Jun Yang $11M share sale to back solar projects .... Abengoa Yield $13.8M loss for 9mo14 .... EBRD financing 40Mw solar in Jordan .... Eolus OK'd for 330Mw wind project in Norway .... Ford to install wind, solar at dealerships .... FERC rejected rehearing on TX LNG export project .... Colo's emissions reductions success negated by oil/gas boom: study .... EC scrapped science advisor position. (Right, who needs science advice from scientists? Amazing.)
FRIDAY OPEN .... Market flat, mixed, Naz down 14. Volume normal. WTI over $75, Brent over $79 .... (stock #s in %) WWPW up 53. MMMW up 29. SENY up 21. SKYS up 20. AMLM up 18. GEVO up 15. LSCG up 12. NTCXF up 8. SOPW up 7 after reporting. NENE up 5 .... ABGB down 38, new low with volume after reporting. CLNT down 11 after reporting. WEST down 10 with news. AWSL down 10. PLUG down 9. QTMM down 6.
Thursday, November 13, 2014
THURSDAY CLOSE .... Market up 40/5/1. Volume slightly light. WTI under $75, Brent under $78. US natgas down to $4.05 .... ISIS to "work" with al Qaida in Syria. ISIS minting coins. And yes, another NATO air intercept of Russia aircraft in Baltics .... (stock #s in %) BOPO, PTOS up 41. CSOL up 31. VSPC up 16. SKYS up 14 (new). BFRE up 14. SENY up 12. QTMM up 9. NENE up 8 with update. WTWO flat, intraday double .... WWPW down 34 with volume. CBEH down 23. URRE down 19 with volume. AMLM down 16. AMTX down 14, new low after reporting. XDSL, SWET down 14. CSGH down 11. ABGB down 10 with volume. AMSC down 10, new low with volume. (Again, it's sad that the world can't afford superconduction. Or maybe there's just not enough economic strategic metals for large-scale production.) KNDI, LYSDY down 10. CSUN down 9, new low. CSIQ down 8 with volume. NTCXF down 7 with volume. RVLT down 4, new low. LSCG down 1, new low with news.
GLOBAL CO2 EMISSIONS UP 2.6% IN '13, RECORD HIGH 33 GIGATONS .... Global low-carbon investment $500B in '13. Expected to double by '20. But to prevent more than 2*C temp rise, investment should be 4x what it is now: IEA .... US Fed court rulings faulting admin for not giving climate concerns enough scrutiny in coal mining leasing decisions will stand .... ~40% of world's 6000Gw power gen capacity set to retire over next 25 yrs .... OPEC cut production 226Kb/d last month. Sauds cut somewhere between 69-150K .... EIA expects WTI avg. price ~$78 next year. Down $17 from last month's prediction .... Purdue researchers demo'd new biomass-to-liquid fuel process .... Global clean/renewable subsidies to hit $230B in '30: analysis .... Vestas 52Mw order from Inner Mongolia .... 343Mw solar under construction in Algeria .... French consortium to start 300Mw 1st phase of Europe's largest solar park .... Yingli Spain supplying 5Mw for Bolivia's 1st solar project. World's largest storage-equipped solar/diesel hybrid project .... Sun Ed (SUNE) partnering with Philippine comp for 300Mw solar project .... US expects to earn $5-6B from DOE loan guarantee program .... Sky Solar (China) $44M US IPO .... Trina supplying 28.5Mw for UK solar projects. All online by March 31.
THURSDAY OPEN .... Market up 86/25/5. Volume normal. WTI over $75, Brent over $78 .... (stock #s in %) BOPO up 41 with volume. CSOL up 31. AMPD, BFRE up 14. SENY up 12. NENE up 11 on update. ASTI up 7 with volume .... WWPW down 56, new low with volume. CBEH down 16. SWET down 15. LYSDY down 14. AMTX down 14, new low. ABGB down 12, new low after reporting. LSCG down 11, new low. KNDI, CHGT down 10. AMSC down 8, new low. CSIQ down 7 on weak guidance. QTMM down 4.
Wednesday, November 12, 2014
WEDNESDAY CLOSE .... Market flat, mixed, Naz up to record high. Volume light. WTI under $77, Brent under $80. US natgas down to $4.20. Central banks setting up world for bad times: Stockman .... (stock #s in %) NGLPF up 38. MKBY up 22. SWET up 21 with news, volume. GEVO up 20 with volume. CABN up 20 with volume after reporting. CHGT up 19 with volume. XDSL up 16. CREG up 15 with volume. AMLM up 14. PANL up 14 with volume. NAMG up 13. AMPD up 12 .... DSTI down 55. PTOS down 31 with volume. PLUG down 16 with volume after reporting. LTBR down 12 with news. PRHL, BFRE down 12. CSIQ down 10 with volume after reporting. WEST, BLDP down 8 with volume. NTCXF down 7 with news. ABGB down 7 with volume. KNDI down 6 after reporting. AMSC down 5, new low with volume. (Can the world afford superconduction at scale?) LSCG down 5.
US, CHINA AGREEMENT ON NEW CO2 EMISSIONS TARGETS. China commitment to stop emissions growth by '30 .... US shale boom masks threats to world oil supply: IEA .... Satellite data may underestimate planetary warming 30%: study .... East Europe countries "categorically reject" IPCC climate goals .... Solar roadway test in Netherlands. 230-ft of bike path. Solar panels set in concrete topped with heavy glass. Square meter generates 50-70Kwh/yr. $3.7M test to run 3 yrs .... Think tank calling on Australia to cut emissions 40% .... Colo city can't enforce fracking moratorium during appeal: judge .... Residential solar power, storage market could near 1Gw by '18: IHS. 90Mw this year .... Avg. price of lithium-ion batts down 20% this year .... US oil imports from OPEC down from 6Mb/d in '08 to over 3M this year. Imports from Mideast down just 12%. Most reduction from Nigeria, Algeria, Angola, Venezuela .... SAS Air, Norwegian Air flew with 48% biofuel blend. Want to get to forest feedstock. These flights with used cooking oil .... Scania to deliver 1.5K biodiesel trucks this year .... Russia intro'd reduction of export duties on oil, light oil products over 3 yrs. Increase in mining, oil/gas extraction tax, export duties for fuel oil. Small, medium refiners will close. Belarus to benefit from changes. (A way for Putin to start getting Belarus back.) .... Kazakhstan using National Fund to stabilize its econ with lower oil prices. (Surprised Putin not helping.) .... Magnesium-ion to replace lithium-ion batts soon. 12x energy density of lithium, 5x charge-discharge efficiency .... Britain facing winter brownouts, blackouts .... Vestas to supply 200Mw First Wind project in TX. 2Mw turbines. Late '15 deliveries. $254M financed .... CB&I contracted for Calpine 760Mw combined-cycle natgas plant in PA .... GE to start building 100Mw Kenya wind farm in '15. $300M. 18-month build. Kenya target 5Gw more powgen by '17. 1.7Gw now .... Enel Green, Endesa Chile $2.3B contract. $611M to develop 307Mw wind, solar power. Then green certificate sales. 2 wind, 3 solar farms .... Pattern Energy (PEGI) buying 182Mw TX wind farm for $123.8M from Pattern unit .... Sky Solar (China) delayed US IPO 2nd time, cut amount sought 2/3 .... China planning to install up to 8Gw small solar systems this year. Over 10x of '13 .... Distributed power market est. to grow to $182B by '23 .... CSIQ record high 3Q .... DONG got lease to build 700Mw wind farm offshore Isle of Man .... Aalborg, NEST developing concentrated solar direct steam power storage system .... Kandi (KNDI) 3Q. Revs up 157% yoy to $44M. EV parts sales up 107% over 2Q to $35M. GAAP net up 274% to $13M, adjusted to $5M, 12 cents EPS .... Coal, oil will plateau by '40: IEA .... E85 sales to at least double over next 10 yrs: report .... Cal record tomato harvest defying drought .... Hyundai, Kia to expand fuel efficiency lineup.
WEDNESDAY OPEN .... Market down 52/5/5. Volume normal. WTI over $77, Brent over $81. 6 banks to pay $4.3B fines for currency rigging. EU slowdown. Russia troops in Ukraine: NATO .... (stock #s in %) NORX up 40. GEVO up 22 with volume. XDSL up 16 with news. NAMG up 15 .... ASPW down 66. BFRE, WTWO down 25. LSCG down 23, new low. PWDY down 21. PRHL down 19. PLUG down 17 after reporting. ECAU, PTOS down 14. SSOL down 12 with volume. LTBR down 9 with news. CSIQ down 8 with volume after reporting. QTMM down 7. ENPH down 4. NTCXF down 4 with news.
Tuesday, November 11, 2014
TUESDAY CLOSE .... Market up 1/8/1. Volume light. WTI over $77, Brent over $81. US natgas up to $4.25. World wide web doing $1.3T/yr? (My take from Obama "may web be neutral" story.) US behind G7 in bank accounts. (That can't be good, can it, America?). US all clear of ebola. (That's good.) .... (stock #s in %) DSTI up 122. ECAU up 40. PRHL up 19. IFXY up 15. SPIR up 12. LYSDY up 10 .... ALTI down 23. WTWO down 20, intraday double off bottom. CHGT (new - 3d printing) down 17 on news. PWDY down 15. NORX down 14. PSON, CABN down 13. MMMW, AMPD, ASPW down 11. MKBY down 10.
G20 COUNTRIES SPEND $88B/YR ON FOSSIL FUELS EXPLORATION .... Fukushima radiation found off California coast .... Hawaii El to fix solar power backlog by April. Advanced inverters to help. 300Mw on grid now. 546Mw expected by end of '16. $300K investment in inverter testing may save HE $20M in avoided transformer upgrades. About 11% of HE customers have rooftop solar. US avg. .5% .... US natgas production up 7.9% over '13. Over 72BCF/d by yearend. Stocks 7% under 5-year avg .... Ukraine extended shale exploration license for UK firm by 5 yrs. '13 production 9.7Kb/d .... LNG export terminal project in N. Brit Columbia could cost up to $35B .... Bakken breakeven $60-80/bl: analyst .... TX Oil/Gas Assoc filed case v. Denton fracking ban .... Missouri shut down biodiesel fraud scheme .... Malaysia comp to export 100K tons biodiesel/yr .... 849 new biofuels jobs in 3Q .... Scientists at Queensland U Tech developing inexpensive supercapacitors in tandem with normal batts to increase EV acceleration, recharge batts in minutes. Graphene electrodes .... EDF Canada building 74Mw wind project in Ontario. Online end of '15. $154M. Last of 7 projects with utility .... Renewable Energy Systems building 2 19.8Mw batt storage units near Chicago to boost grid stability. August completion. BYD America lithium iron phosphate batts .... Jinko Solar, Wells Fargo $20M credit agreement to support Jinko US biz .... Ormat buying parent comp in all stock deal .... EPA watchdog calling out its own office for charge card use .... Fossil fuels return $1.30 on the dollar, clean/ren energy $2.50 .... Chile raised clean/ren target to 20% by '25.
ISIS SAYS IT CAPTURED 2 SYRIAN NATGAS FIELDS last week in Homs Province .... Iraq forces retook most of Beiji (oil refinery town) .... Libya's supreme court declared Tobruk govt unconsitutional. Unelected Islamist parliament in Tripoli. Oil production/exports anywhere between 400-800Kb/d. Maybe .... Iran ordered 2 new nuke reactors from Russia. Plans for 9 total .... Gazprom deal with China for 30BCM natgas pipeline from W. Siberia. Almost as big as deal for E. Siberian gas earlier this year .... Russia state bank got $2B loan commitment from China .... Russia to allow ruble to float .... CNPC to buy 10% stake in Siberian oil field majority owned by Rosneft .... China, Canada signed nuke energy coop MOU.
TUESDAY OPEN .... Market up 14/3/1. Volume slightly light. WTI over $77, Brent over $81. Afghan police turning to opium, $6/day salaries delayed. US vets suing banks over finance in Iraq war .... (stock #s in %) ECAU up 40. NAMG up 21. WEST up 12. ABAT up 3 with news. TSLA up 3 .... PWDY down 21. WTWO down 20. VSPC down 14. MKBY down 11. DPSM, MGPHF down 10. MMMW down 8. ENPH down 5. NTCXF down 3. SCTY down 2.
Monday, November 10, 2014
MONDAY CLOSE .... Market up 39/19/6. Volume slightly light. All new highs. WTI over $77, Brent over $82. US natgas $4.37, first drop in a while. (Interesting with cold snap coming.). Iran: ready to help Iraq fight ISIS. (And gain more control of Iraq?) .... (stock #s in %) ASPW up 79 with volume, day 3 of jump over 50-day lines. GPRC up 33. URRE up 32 with volume. AXPW up 21. CABN up 16. PALAF up 14 with volume. AMLM up 12. BLDW up 10. LSCG up 9. NTCXF up 5 .... KIOR down 66, new low with volume with bankruptcy filing. IFXY down 24. NAMG down 22 with volume. PRHL down 16. KNDI down 13 with volume. HYGS down 12 with volume after reporting. CNTO, MDDD down 11. QTMM down 9. MMMW down 9 with news. BFRE, LYSDY down 7, new lows. ENPH down 4. NENE down 2.
"GOVERNMENT WON"T BE ABLE TO COME TO RESCUE AT 'LAST MINUTE'" : HANK PAULSON on global warming climate change. Wants action now to avert disaster .... CO2 directly increases allergy-causing pollen: study .... Drought makes smog worse in LA .... Cameron: UK may create sovereign wealth fund to invest future proceeds from shale oil/gas production. (Selling fracking.) .... Solar Power (SOPW) to supply 2 solar projects in China. 80Mw total. Online 2H15. Also raised $48M in private placement for rooftop solar projects .... Natcore (NTCXF) ready to finance up .... Sunpower (SPWR) buying Solar Bridge - microinverters .... Canadian Solar (CSIQ) to build 4Mw of lith-ion batt storage for Ontario grid .... TX utility plans over $2B batt storage fix for wind, solar flux .... Deploying up to 5Gw batt storage on grid would help reduce customer bills by spending less for new power plants, grid distribution: Brattle Group .... Grid power storage expected to surge to over 20Gw, up to more than $15B/yr by '24. 538Mw this year: Navigant .... Biofuels now 1% of global energy use: report .... EPA, DOE released '15 fuel econ guide for cars .... 2/3 of '15 vehicle models include E15 in user manuals, warranty statements: RFA .... 2nd oil discovery offshore Senegal .... Calpine completed buy of 809Mw 11-year-old natgas combined-cycle power plant in Mass for $530M plus adjustments .... Peru got $70M loan from Japan agency for 2 hydropower plants, total 32.8Mw. Japan has financed over $800M of infra projects in Peru since '08 .... Dominion bought 50Mw Utah solar project from Juwi. Online 2H15 .... 2 comps to build 6Mw biomass power plant in Japan. $35M. Online 1H16 .... NTPC got $106M investment for wind project .... Ex-Im Bank OK'd $200M for clean/renewable power exports in '14 .... China Power Investment to develop 96Mw wind power in Shandong .... Neo Solar $5M loss 3Q14 .... Theolia (France) to raise E60M for wind power development .... 6-month cod fishing restriction imminent .... Clean/renewable power investment down 70% in Australia.
MONDAY OPEN .... Market up 24/10/3. Volume normal. WTI over $78, Brent over $83 .... (stock #s in %) ASPW up 26 with volume. URRE up 19 with volume. PALAF up 16 with volume. ZNNMF up 14. CSIQ up 5 with news. CREE up 3 .... KIOR down 51, new low, bankruptcy filed. XSNX down 20. PRHL down 17. CBEH down 16. IFXY down 13. AMPD down 11. PSON down 10. QTMM down 6.
Friday, November 7, 2014
FRIDAY CLOSE .... Dow up 19, Naz down 6, SP flat. Volume slightly light. WTI over $78, Brent ~$83. US natgas up to $4.46 (Cold spell coming, let alone winter.) .... US record consumer borrowing. US Supreme Court muddled up Obamacare over tax creds. Russia central bank support for ruble; sent troops, tanks into Ukraine. (There you go, Vlad. Keep up your insanity.) US tested ballistic missile defense system. (Yea, pards, remembering the cold war. Or memorializing? Woo hoo.) .... (stock #s in %) WWPW up 74 with volume. BFRE up 40. URRE up 23 with volume, news. CBEH up 22. AMPD up 21. AQNM up 20. ASPW up 18 with volume. WEST up 17 with volume. SZYM up 15 with volume on rebound. PALAF up 14 with volume. ACFN up 14 with volume on rebound. PRHL up 11. HYSR, LEOM up 10. RBCN up 9. QTMM up 5. NTCXF up 4. ENPH up 3 .... DSTI down 55 after jump. CSGH, GPRC down 26. CCTC down 15. AMSC down 14, new low with volume. QTWW down 11. FSLR down 10 with volume, news after reporting. BLDW down 10. LSCG down 5, new low.
US OIL DRILLERS SCALING BACK DRILLING PLANS for new wells next year because of lower oil prices .... Iraq Kurds have 12B bls oil, 25TCF natgas. Hungary signed deal to buy some of that oil. Major oil comps sending folks back there. Kurds want to boom production to 1Mb/d in '16 from 100K now .... US sending 1.5K more troops to train, advise, "assist" Kurds. (Right back in the scrum.) .... ISIS sees Turkey as ally .... BP lost court appeal on liability in Gulf of Mex spill .... UK approved up to 750Mw for Dong's Irish Sea wind power project. Dong planning 660Mw. 6-8Mw turbines .... India will need $250B foreign investment to meet clean/renewable power goals, upgrade grid .... Sempra, Con Ed buying 75Mw wind farm in Nebraska .... 18K new US clean power jobs in 3Q .... EPA released new state "carbon budgets" under power plant emissions proposal .... USDA approving sales of GMO potatoes. (Watch those fries.) .... Global warming climate change boosting levels of ozone-depleting chem: study .... More troops exposed to Iraq chem weapons than previously thought: Pentagon .... Regional Japan officials OK'd restart of 2 nuke power plants .... Happy weekend, pards.
FRIDAY OPEN .... Market down 9/17/1. Volume normal. WTI over $78, Brent over $83. 214K new US jobs in Oct. .... (stock #s in %) WWPW up 77. URRE up 20 with volume, news. SZYM up 18 with volume on rebound. DPSM up 13. ACFN up 11 on rebound. NTCXF up 7. QTMM up 4 .... DSTI down 55. CBEH, GPRC down 26. AMSC down 11 with news. QTWW down 11. FSLR down 10 with volume after reporting.
Thursday, November 6, 2014
THURSDAY CLOSE .... Market up 70/17/7. New highs. Volume a little light. WTI $78, Brent over $82. US natgas $4.27. US productivity up more than forecast. OPEC cut oil demand outlook .... (stock #s in %) DSTI up 118. ASPW up 33. CCTC up 29. PTOS up 24 with volume. ZAAP up 21. BLDW up 20. ASTI up 19 with volume. TMEN up 17. LEXG up 16. CSGH up 15. LTBR, RGSE up 14. WEST up 13. MDDD, MGPHF up 11. ABAT up 7. TSLA up 4 with volume after reporting .... SZYM down 58 with volume after reporting, downgrade. LEOM down 13. BSRC, DPSM down 11. HYSR down 11 with volume. ACFN down 9, new low with volume. SCTY down 5 with volume.
SOLAR WILL BE WORLD'S LARGEST SOURCE OF EL BY '50: IEA .... PV solar module prices down 80% since '08 .... Founder of Sunpower: costs of PV solar cells fall 20% with each doubling of global manufacturing capacity .... Lazard Capital: unsubsidized solar costs expected to fall to $60/Mwh in next 2 yrs. Cheapest natgas $61/Mwh. Coal $66 .... Scientists unsure why N. Pacific unusually warm .... China plans to cap CO2 emissions from steel, cement producers by '20 .... Tesla (TSLA) speeding up timeline on battery "gigafactory" production .... Multiple mini power plants planned near Marcellus gas wells .... US gasoline inventories lowest in last 2 years. Shortages could develop .... Attacks on Libya western oil fields reportedly shutting in 300Kb/d production .... Report of terrorist attack in E. Saudi Arabia .... EU lowered econ growth forecast to 1.3% this year, 1% in '15 .... Pressure building on EPA to back down on ethanol emissions test procedures .... India national railroad to start using 5% biodiesel blend .... France holding up warship deliveries to Russia .... BHP Billiton to export US oil condensate without permit .... Rice U. chemists discovered molybdenum disulfide both generates, stores hydrogen fuel .... Pattern Energy (PEGI) to develop 300Mw First Nation wind farm in Ontario .... Enel Green Power completed 150Mw wind project for ~$250M. Origin Wind Energy owns .... Aquion Energy got $36.8M from investors to expand saline battery production, increase marketing. Costs ~ same as lithium-ion batts, no toxic metals, no overheating. Ideal for rootop solar storage .... Trina supplying 7.8Mw of panels for 10 rooftop projects in Thailand ....Solazyme (SZYM) facing delays at Brazil plant, says sales next year will (severely) miss estimates .... Swiss trimmed solar FITs up to 23% .... SSE to sell 25% stake in 664Mw offshore wind farm ....UK wind power 12.3% of Oct. total .... Hareon Solar plans 900Mw new solar in China .... DOE $65M to improve fracking, CO2 capture techs.
THURSDAY OPEN .... Dow up 37, Naz down 7, SP down 1. Volume a little heavy. WTI over $77, Brent over $82. ECB kept rates unchanged. German factory orders less than forecast. Ukraine says Russia sending in troops. NATO jets intercepted Russia spy plane: Latvia. Obama wants $3.2B to fight ISIS .... (stock #s in %) WWPW up 99. CCTC up 29. ASTI, BLDW up 20. AMLM up 17. DPSM up 16. LEXG up 12. PRHL up 11. TSLA up 6 with volume after reporting. CSIQ up 6. QTMM up 2 .... SZYM down 47, new low with volume after downgrade. BFRE down 26. CSGH down 24. EVSI, NAMG down 22. LEOM down 12. BSRC down 11. SCTY down 4 after reporting. ENPH down 2.
Wednesday, November 5, 2014
WEDNESDAY CLOSE .... Dow up 100, Naz down 2, SP up 11. New Dow high. Volume normal. WTI over $78, Brent over $83. US natgas up to $4.19. US employment up in Oct: ADP. Nicaragua's "sugar king" 1st billionaire .... (stock #s in %) IFXY, PSPW up 30. GPRC up 28. CRCL up 20. CSGH up 17. CBEH, UBRG up 15. BFRE up 10. LEDS, RVLT up 9. QTMM up 7 with volume. ALTI up 7. LSCG up 1 after new low .... PPRW down 58. WWPW down 41, new low. BOPO down 24. ENPH down 22 with volume after reporting. BLDW down 20. PTOS down 19. CABN down 16. NAMG down 16, new low. CNTO down 15. AXPW down 14, new low with volume. AMLM down 13. CCTC, MDDD down 12. EWRL down 11. JUHL, PRHL down 10. ABGB down 9. NTCXF, SOPW down 8. SCTY down 4 with volume after reporting. SUNE down 4 after reporting. TSLA down 3 after reporting.
ISIS ATTEMPTING TO SEIZE PORT OF LATAKIA to continue marketing their oil. (I know. US/coalition airstrikes were assumed to have blown up ISIS oil production.) .... Russia test-fired ICBM from sub. (Yes, we know you have ICBMs on subs, Vlad. Chill, man.) .... Ukraine to halt subsidies to reb-held areas .... Denton, TX fracking ban passed. 2 Cal counties passed fracking ban, 1 didn't. 1 of 4 fracking bans passed in Ohio .... Fracking, other new oil/gas extraction techs not only poison ground, surface water, but also air with 8 harmful chems including benzene: Environmental Health .... Spending on wastewater treatment for fracking may triple by '20: Bluefield Research. $138M this year. Also expected to double amount of water treated, reused .... N. American Electric Reliability Corp urging EPA to delay 1st deadline for power plant emissions. Need replacement power in place before shutting down coal plants. 1st proposed deadline in '20 .... GMO labeling initiatives lost in Colo, Ore .... Smog reducing grain yields in India: study .... Climate change driven migration increasing disease risk in Ethiopia .... Jersey City planning $2B sea wall .... Calif $750B water bond approved .... Pure canola biodiesel emissions worse than fossil diesel on human lungs: Science Network .... FERC approved PA to NY natgas pipeline .... LNG export terminal proposed in Nova Scotia .... Victoria U. divesting fossil fuels comps .... Scientists discovered new way to break down woody waste from biofuels processes .... Alstom E57M contract to equip 600Mw pumped storage power plant in China .... 1st unit of 467Mw natgas combined-cycle plant went online in China .... Fuel Cell Energy (FCEL) sold 8.4Mw to S. Korea partner .... Vestas 50Mw order from China comp. 2Mw turbines .... Abengoa $393M order to build 215Mw biomass plant in Belgium. Wood chip, ag residue feedstock .... Ormat to build $22.3M heat-to-energy system at natgas compressor station in Utah .... Pattern Energy (PEGI) to co-develop 300Mw wind project in Canada .... 1st spent fuel rods removed from Fukushima.
WEDNESDAY OPEN .... Dow up 70, Naz down 7, SP up 3. Volume normal. WTI over $78, Brent over $83. US earnings beating estimates most in 4 years. Ukraine rebels say truce cancelled. Ruble another record low .... (stock #s in %) XWES up 31 on buyout by ENOC. SSOL up 22. GTATQ up 11. PEIX up 8. MMMW up 7. QTMM up 5 .... PPRW down 58. LSCG down 20, new low. PTOS down 19. ENPH down 18 with volume after reporting. CNTO down 17. CBEH down 16. GSFVF, NAMG, PSON down 12. ABGB, OESX down 11. SCTY down 6. AXPW down 5, new low. NTCXF down 5.
Tuesday, November 4, 2014
TUESDAY CLOSE .... Market flat, mixed. Didn't check volume (several extra steps I didn't feel like doing, sorry. Had to vote, shop.) WTI ~$77, Brent over $82. (I know. What's going on?!. Yea, the investment banks pulled out but jeeze leweeze! Sauds squeezing frackers?) US natgas up to $4.12. US exports down. US deficit 2.8% of GDP. (US debt over 100% of GDP.) Red Bull fuels ISIS at Syria border trade. US war gear missing in Afghanistan .... (stock #s in %) BOPO up 53 with volume. CNTO up 25. PRHL up 24. MDDD up 19. MKBY up 14. CABN up 13. LEOM, WEST, JUHL up 11. SOPW up 8 .... BLQN down 33. CBEH down 22, up 8x on year. CSOL down 15, new low with volume. MKTY down 13. CERE down 11, new low with volume. TPLM down 10, new low with volume. URRE, ZAAP down 10. NTCXF down 9. AXPW down 9, new low with volume. LSCG down 8, new low. CJES down 7, new low. CDTI down 4 on 10x volume, news. BFRE down 2 with volume.
WORLD MAY HAVE TO CUT GHG EMISSIONS TO ZERO BY 2100 to save Earth, ecosystems, flora, fauna, critters and life as we know it: UN report .... Amundsen Sea portion of W. Antarctic ice sheet in process of irreversible collapse. Global sea level rise of over 3 feet from loss of this portion alone .... Avg. annual ice loss in northeast portion of Greenland ice sheet over 10B tons '06-'12. Many climate models haven't considered this area in sea level rise projections because of long-term stability .... World experienced 261 weather-related disasters in '13. Record 41 events with at least $1B damage .... In dry years, Amazon basin emits CO2 .... Peshmerga "heavily shelling" ISIS in Kobani .... US fining Hyundai, Kia combined $300M for overstating MPG .... Energy Policy Act of '05 exempted oil/gas industry from fed enforcement of Safe Drinking Water Act, Clean Water Act, National Environmental Policy Act. (I did not know that. Washington sure is crafty. Looks like they knew something about fracking before we did. Well, states can step up. Yea, sure, states. And munis. Some are.) .... Malaysia's sustainable palm oil certification program starts in Jan .... Sunpower (SPWR) to build 160Mw/yr panel factory in S. Africa .... Abengoa (ABGB) to buy out Bright Source stake in Cal thermal solar project .... 1.05Gw solar contracts let in Brazil auction. All must go online by Oct '17 .... BluEarth raised C$81M to buy, develop hydropower, solar, wind in N. Am .... EIB consortium lending 150M Pounds for UK waste recycling, energy-from-waste plant .... Global CO2 emissions from fossil fuel burning, cement production 60% more than '90 in '13 .... Startup turning CO2 into "fish oil" .... LA upped lawn removal payout.
TUESDAY OPEN .... Market down 65/23/10. Volume normal. WTI under $77, Brent under $83. Sauds cut Dec crude prices for US, Asia prices up. EU cut growth outlook .... (stock #s in %) BOPO up 69. BSRC up 22. ZNNMF up 14. LEOM up 11. SENY up 10 .... CBEH down 26. LSCG down 16, new low. BFRE down 12. EVSI, MKTY down 11. LYSDY down 11, new low. TPLM down 9, new low. CJES down 7, new low.
Monday, November 3, 2014
MONDAY CLOSE .... Market mixed, flat. WTI over $78, Brent over $84. US natgas $4.02 .... BLDW up 38. ABAT up 37 with volume, news. PTOS up 24. DPSM, CBEH up 23. ZAAP up 15. BBLU up 14. PSON up 10. QTWW up 9. PLUG up 9 with volume. FCEL up 8 with volume, news. NTCXF up 8 with volume. ALTI up 6 .... CNTO down 20. PRHL down 19. BSRC, XDSL down 14. SWET down 13 with volume. LMRMF down 10 with update. MMMW, SOPW down 9. ASTI down 8. BFRE down 7.
FOSSIL FUEL CAPS URGED BY SCIENTISTS CONCERNED WITH GLOBAL WARMING CLIMATE CHANGE .... Ozone hole steady over Antarctic .... US crude production hit 8.97Mb/d last week: EIA .... OPEC production up 53Kb/d in Oct .... US consumers saving ~$250M/d from lower pump prices v. '13 .... Earliest snow ever recorded in S Carolina .... Pro-Russian separatists in E. Ukraine held election over weekend to set up their government. Kiev called it violation of ceasefire agreement .... Ruble down 23% on year v. dollar, 9% in last 3 weeks. Russians fleeing ruble .... Repsol major oil discovery in deepwater Gulf of Mex. Less than week after Chevron discovery in same area .... Gamesa sold 82Mw of Greek wind projects (2) .... Ormat contract for 35Mw geothermal project in Africa .... Brazil comp OK'd to turn on 27Mw wind plant .... Brazil auction: over 1.65Gw of solar, wind awarded. 31 solar projects.
MONDAY OPEN .... Dow down 43, Naz up 14, SP flat. Volume slightly heavy. WTI $80, Brent over $85. US manufacturing up in Oct. China services sector slower. Russia simulated attack on Denmark late last week .... (stock #s in %) PPRW up 138. CSGH up 37. GWBU up 23. HYSR up 18 with news. DPSM, CCTC up 17. LEXG up 11 after update. POLR up 10. PLUG up 9. ABAT up 8 with news. XSNX up 7. NENE up 4. SCTY, SUNE up 2 .... CRGE down 15. XDSL down 14. VOIL down 12. CDTI, SOPW down 10.
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