Thursday, July 7, 2016

SOUTH KOREA $28B CLEAN/RENEWABLE POWER PLEDGE


France awarded 80Mw of new mid-scale solar projects. Sunpower (SPWR), I think, awarded much of it.

Unsubsidized utility-scale solar in US costs $50-70/Mwh v. $52-78 for most efficient natgas power: Greentech Media.

Of 18.6Mw of solar power installed in '15 in China, 4.5Gw not connected to grid: IHS.

Hanergy unveiled solar-powered cars.

Broadwind (BWEN) got new $11M order for wind power towers in US.

Fuel Cell Energy (FCEL) $40M new share offering.

EVs could get 35% of new car sales in Asia by '40: Bloomberg.

Car turbochargers could help US meet fuel standards.

Over 3/4 of Brits want clean air zones. London mayor proposing vehicle emissions surcharges on older vehicles. Near 10K folks/year die early in London from air pollution.

Los Angeles has had 5 driest years on record: NWS.

Arsenic in drinking water near Duke coal power plant.

China to call out cities on water pollution.

Cuba cut work hours because of power shortages.

Oil pipe bombed in Colombia.

More attacks on oil infra in Nigeria.

Fossil fuels ~81% of total US energy consumption in '15. Est. to fall to 76% by '40: report. (Energy consumption includes power industry and vehicles.)

US oil reserves est. 264B bls, ~1/2 in shale. Russia 256B. Sauds 212B. Much of Venezuela's not discovered: Rystad Energy.

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