Monday, May 23, 2016

TRUMP DENIES GLOBAL WARMING CLIMATE CHANGE BUT FEARS IT COULD HURT HIS GOLF COURSE IN IRELAND


FERC told US will have plenty powergen capacity this summer. Power prices may be 5-47% lower around country v. '15.

Boosting batt power storage can lower utility bills: study.

Argentina's 1st auction to spur up to $2B of clean/renewable power spending. 600Mw wind, 300Mw solar, 65Mw biomass power, 20Mw small hydro, 15Mw biogas. Aug 22 deadline for Sept 28 awards.

World Bank OK'd $750M for 400Mw of rooftop solar for industrial, commercial projects in India.

India bank plans $500M of green bonds.

$450M solar deployment plan for Philippines.

Tasmania again running on 100% clean/renewable power.

Poland to restrict wind power development. (They like coal, I think.)

Natgas in China costs 3x coal powergen. They want to increase natgas power mix to 10% by '20, but having a hard time with that. NG 6% of mix in '15.

London Taxi raising $400M to electrify their fleet through green bonds.

Canada wildfire spreading into Saskatchewan.

ReneSola revs down 25%. Focusing shift to project development.

Trina Solar new solar cell efficiency record: 23.5%.

Engie (France) bought 80% stake in Green Charging Networks (Calif). Batt power storage.

Lukoil cutting spending in S Iraq oil field to $1.3B this year from $3B in '15.

1.47Mb/d global oil production surplus in 1Q16: IEA. Avg. 1.54M in '15.

New deal to allow oil shipments from E Libya. 660K bl shipment left port. Exports may rise from 100Kb/d to 300K.

Saud GDP down 13% in '15. To shrink 5% more this year: Moody's.

Est. over 100M bls gone into China strategic oil reserve so far this year.

China govt debt est. 260% of GDP at end of '15.

US oil rig count unchanged last week. Natgas count down 2.

120K gallon oil, wastewater spill in N Dakota.

Eni pipeline attacked in Nigeria. 4.2Kb/d.

Syria asking Russia to help rebuild its oil/gas industry.

Russia to privatize 50% of Bashneft Oil.

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