Tuesday, April 26, 2016

GLOBAL GROWTH COULD BE COMING TO THE END FROM RESOURCE DEPLETION: UK REPORT


China halted plans for new coal plants in regions with surplus power supply, postponed building some already OK'd.

China total solar capacity passed 50Gw.

Sauds plan 9.5Gw clean/renewable power by '30.

BRICS Bank OK'd $811M of funds for clean/ren projects.

$500M loan for Sumatra electrification.

NY State to spend $150M more on clean power projects.

Satellite failure may threaten sea ice data.

New cars meeting, beating fuel efficiency targets.

Mitsubishi: fake fuel tests date back 25 years.

Venezuela started power rationing. Power off 4 hours/day.

Brits can now buy solar panels at Ikea.

Pattern Energy, Green Power finished 14Mw solar plant in Japan.

EDF Renewable US bought groSolar.

Siemens got contract for 385Mw wind project offshore Germany. 6Mw turbines.

Minster, Ohio finished 3Mw solar/7Mw batt power storage system.

Iberdrola (IBDRY) raised Euro1B in green bonds.

Iran, S Korea nuclear power cooperation talks.

New PA reactor passed enviro review.

Samsung dropping fuel cell development program.

Diesel glut in Europe. May run out of onshore storage space.

New UK shale basin could add up to $74B to their econ: study.

India crude imports up 6.7% in FY '15 to over 4Mb/d.

India inaugurated their 1st cellulosic ethanol plant.

Uganda to pipe its oil through Tanzania, not Kenya.

New oil find in deepwater offshore Brazil. Statoil, Petrobras, Repsol Sinopec.

Total US fossil energy production up 6th year in row. Oil up 8%, natgas liquids up 9%, natgas up 5%, coal down 10%.

1st shipment of US LNG to Europe to reach Portugal this week.

China stockpiling oil at highest rate in over a decade.

China March ethanol imports double Feb's, most from US. 1Q imports up over 25x.

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