Tuesday, December 2, 2014
PUTIN CANCELED $22B NATGAS PIPELINE TO SOUTHEAST EUROPE. To redirect it to Turkey. $4.5B spent so far. Vlad blamed EU. West opposed it over Crimea, Ukraine actions. Turks to get discount on NG, additional 3BCM/yr .... China to subsidize cities to build EV charging stations .... Shift to 80% clean/renewable power mix could save Germany over $100B: report .... Germans have paid in $132B so far in power bill surcharges for clean power. Cost may peak this year, drop in '15 to 22B Euros as subsidies start coming down .... 71% of Germans back decision to close down nuke plants. 67% think country's not doing enough to move to clean power .... EON to spin off fossil plants, focus on clean/renewable power .... Hanwha Solar (HSOL) to build 230Mw/yr panel plant in S Korea for $12M. Online 2Q15. Will take comp to 2.23Gw/yr capacity .... New US Navy, Calif Energy Commission smart microgrid project to test vanadium flow batt storage in '15. $3M .... Spain comp testing tidal energy prototype in Scotland. 2 rotors, 1Mw each .... France chose EDF, DCNS to test tidal power off Normandy. 7 2Mw turbines. Grid connect of 2 turbines in '15 .... Alstom, GDF Suez selected to install pilot tidal power project .... Distillation Technologies (US-MO) developing process that produces ethanol in single pass. 75% energy savings v. standard distilling .... ND State researchers developing new bioplastic that breaks down under specific type of light. Reusable .... E5 start in Vietnam this week. Cassava feedstock .... Malaysia comp opened 300 metric tons/d biodiesel plant .... Shell 1st to offer B5 in Hong Kong .... Dong Energy won't build 300-400Mw wind farm off N Ireland due to policy uncertainty .... Montney Shale play in Alberta, Brit Columbia starting to happen. Est. 450TCF, 14.5B bls NG liquids, 1.12B bls oil. NuVista (TSE:NVA) a small producer there. Blackbird (TCX Venture:BBI) another .... Production start from Statoil oil/gas Gulf of Mex play. Est. 23Kb/d peak production. Statoil plans over 100Kb/d from GOM by '20, up 4x .... 177M Pounds waste-to-power plant to be built in Scotland. 300K tons waste/yr. Online in '17 .... Allete to develop 107Mw wind farm in ND. Will sell for ~$200M. Online by '16 .... Local investors to develop ~50Mw wind farm in Kenya. March groundbreak .... Abengoa's (ABGB) 280Mw Mojave solar farm turned on .... Broadwind (BWEN) $9M order for wind towers from US comp .... Argentina province Dec 17 auction for 1st wind farm. 1Mw for ~$4M .... Gamesa contract for 132Mw of wind turbines .... France to launch floating offshore wind tender by June .... Republican Congress unlikely to deliver on $3B Obama pledge to Global Climate Fund .... DOE $4.4M to energize existing small dams.
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