Tuesday, December 15, 2015

INDIA PLANS TO DOUBLE ITS COAL POWER CAPACITY .... PHILIPPINES TO OPEN 23 NEW COAL POWER PLANTS NEXT 5 YEARS

Bioenergy industry a carbon "scam": Global Forest Coalition.

Desalination plant online in California.

UK's last deep-pit coal mine to close.

Global Alliance launched to boost geothermal power in energy mix. 38 countries, ~20 industry partners. Target 5x increase in geo power, 2x increase of geo heat by '30. 13Gw of geo power now.

Iran $3B deal with Indian consortium to develop natgas field in Persian Gulf. (Assuming sanctions lifted.)

Chevron started production from natgas field in Bangladesh.

US natgas rig count down 7 last week.

ConocoPhillips to reduce capex 25% next year. Chevron to cut '16 budget 24%.

Russian minister sees no oil price recovery in next 7 yrs. 1/2 of Russia budget from oil/gas.

Brazil comp $523M investment for 2 wind power complexes in Brazil. 312Mw. $1.67/w. '16 start, '18 finish. Weg turbines.

UK-Iceland geothermal power link economically feasible: analysis.

Softbank won entire 350Mw solar tender. (I'm thinking in Japan, but not sure.)

White House launched bid to spur water conservation tech.

US Congress reauthorized Ex-Im Bank.

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