Wednesday, May 25, 2016
GLOBAL ENERGY USE UP 54% '90-'13. 15% OF POPULATION STILL WITHOUT GRID EL.
Wind, solar power ~1% each of global powergen capacity.
Sauds reviving their solar plan. To install 9.5Gw by '30, ~1/4 of previous goal. Would be 14% of current powergen cap.
PJM grid consumers in US to collectively pay $4B less for el over next 3 years from reduced use, new natgas power plants.
Energy storage for grid frequency regulation will continue in UK: IHS.
Spruce Finance arranged $120M finance for US rooftop solar.
MIT developing solar thermalvoltaic tech. Converts waste heat to light to power more solar cells.
Google expanding sunroof project to 42 US states. Up from 10 states in December.
Owning solar gaining on leasing.
50Mw solar plant inaugurated in Israel. EDF built.
China, Swiss comps partnering on 302Mw solar in Iran, Africa.
Ethiopia requesting proposals for 100mw solar.
Adani plans 650Mw solar in Australia.
Vivent Solar (VSLR) closed on $75M tax equity investment for 45Mw residential solar.
100Mw Ghana solar project partially funded with $700K grant from US.
DONG took over RES' 100Gw wind power development rights offshore New Jersey.
Whirlpool investing $13.5M in wind power to power 2 Ohio plants.
OPEC head calling for $65/bl price floor for crude.
Mozambique to default on $535M loan to build new shipyards to service offshore natgas buildout. Billions of undisclosed debt now unveiled. IMF suspended assistance. Large natgas production probably still a decade away.
Egypt plans to increase its natgas production 30% by '19.
US coal use for power down 29% in '15. Peak use was in '07: EIA.
Japan pushing forward with plans for 47 new coal plants.
Stillbirths linked to air pollution: study.
Earliest snowmelt recorded in Barrow, Alaska.
Engineered "super coral" could survive warming oceans.
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