Thursday, July 3, 2014
THURSDAY OPEN ... Market up 63/13/5. Volume holiday light. WTI under $104, Brent under $111. 288K new June jobs, rate down to 6.1%: fed. ECB left rates unchanged ... (stock #s in %) CBEH up 42. BHWX up 17. PSPW, USEI up 16. MKBY up 13. NORX up 10. CREE up 5 .... BFRE down 16. SOPW down 15. EWRL down 13. FNVRF down 11.
Wednesday, July 2, 2014
WEDNESDAY CLOSE ... Market up 20/-/1. Volume light. WTI over $104, Brent ~$111. NG $4.36 ... (stock #s in %) CSGH up 53, back over top lines (200-days). CBAK up 41 off all lines, new high on volume. CNTO up 25. WWPW up 21. POLR, CABN up 20. LEOM up 18, day 3 of surge to over top line (200). ABAT up 17, up to top lines (200s). FNVRF up 16 off bottom lines (50-days). AMPD, NAMG up 14. SLMU, SPIR up 13. PALAF, ACFN up 11 .... MGLT down 31. CBEH down 22. DSTI, BOPO down 18. ASPW down 14. AQNM down 12. AMLM, ENSL down 11. DPSM down 9, new low.
PHYSICIST OFFERING $30K PRIZE for proof refuting man-made global warming ... Leading UK medical group voted for fossil fuel divestment ... Satellite to monitor CO2 in atmos launched today by NASA ... EPA proposed update of standards for air pollutants from muni solid waste landfills ... Virginia created commission to plan ways to protect state from ocean rise, other likely effects of global warming ... Dramatic decline in Caribbean coral reefs from local stressors, not climate change: scientists ... N Dakota moving to capture 90% of flared natgas by '20 ... Colorado court says anti-fracking ballot measures can advance ... SPI Solar (Cal) to build 50Mw project in China ... Hackers finding open back door to grids through clean/renewable power plants ... NREL using supercomputer to see how enzymes break down cellulose ... Ukraine announced floating LNG terminal run by TX comp will start ops April '15 offshore Odessa. Potential 5BCM/yr capacity. Another onshore LNG project being revived. Could process 10BCM/yr. Problems: Turkey allowing LNG passage through Bosporus, finance ... U of Cambridge team broke 11-year-old temperature record for superconductivity (not much). Used gadolinium barium copper oxide ... IKEA near-doubled rooftop solar array on MD distribution center. Added 2.2Mw for total 4.9Mw ... DOI Aug 19 auction of 80K-acre site offshore MD for wind power development. Auctions off Mass, NJ later this year ... Public Service Enterprise Group unit to buy 13Mw TX solar project from juwi Solar for $22M ... UK Green Investment Bank fund investing $5.5M in 2 plants to gen power from farm waste in N Ireland. Local comp providing 3.2M Pounds more investment ... Hitachi started up 12.7Mw solar plant in Japan. NTT started up 6.5Mw solar plant in same 28.4Mw park ... Vestas to supply 166Mw of 2Mw wind turbines for MN project. Deliveries in 4Q15 ... "Alternate" energy mutual funds up avg. 28% in '14. "Green" ETFs up avg. 37.6% this year ... Philippines comp investing $200M in 70Mw of solar, wind projects in Bataan. Online in '16 ... Solar World (SRWRF) asking Commerce Dept to investigate China hacking ... Lattice Power (China LED maker) raised $80M in D round ... Europe Investment Bank to provide 150M Euro loan framework for clean/ren power gen, climate change mitigation schemes in Chile ... Next Era Energy Partners closed IPO at $442.7M ... Siemens, ABP filed for permit on 310M Pound wind turbine, rotor blade factory in UK ... UK solar industry deployed 1.47Gw in 1H14, more than all of '13. Now leading solar market in Europe ... Nevada grid regulator to lead development of "real time" western power market ... Electronic devices waste $80B/yr: IEA ... Miners illegally dredged Idaho river to protest EPA rules.
WEDNESDAY OPEN ... Market up 15/5/1. Volume slightly light. WTI under $105, Brent under $112. 281K new private jobs in June: ADP. US May factory orders down .5% ... (stock #s in %) LEOM up 47 more. IFXY up 27. CBAK up 25. ENSL up 21. GWBU up 17. CSGH up 13. CNTO up 12. EVSI up 11. BLDW up 10. SCTY up 4 .... WTWO down 25. DSTI down 18. ECAU down 16, new low. PRHL, CERPQ, NORX down 13. AQNM down 12. LYSDY down 11, with news. DPSM down 9 more, another new low.
Tuesday, July 1, 2014
TUESDAY CLOSE ... Market up 129/50/13. New highs. Volume may be slightly heavy when dust settles. WTI over $105, Brent over $112. NG $4.44 ... (stock #s in %) LEOM up 35, entangled in the lines in day 2 of surge. IFXY up 27. CERPQ, ENSL up 21. MGLT up 16, new high, doubled in last 3 days. XSNX up 12. WSGP, AMLM, ABAT up 10. SUNE up 2, new high. QTMM up 1, new high .... CSOL down 44. WWPW down 22. CNTO down 20. DSTI down 18. NORX down 13. DPSM down 12, new low. AQNM, NAMG down 12. MDDD down 11, new low.
OVER $5T OF $7.7T POWER GEN INVESTMENT next 15 years to go into clean/renewable power gen capacity globally: Bloomberg. Will help global CO2 emissions to peak by '30. 1/2 of investment to be in Asia. Investment in clean/ren power surpassed fossil-based 1st in '11. Fossil-based to shrink to 46% of total from 64% now. Est. 5K Gw gen cap to be added by '30. Fossil will get ~1.1K Gw. Solar to be fully competitive with other sources by '20 ... Russian hackers targeting oil/gas, power comps. "Ambitious" cyberattack hijacked energy control system updates ... New, stronger evidence that man-made climate change affecting US: McCarthy (EPA) ... Supreme Court declined to take up challenge from ethanol producers, others fighting California's low-carbon fuel standard ... Court taking case on gas manipulation that sparked crisis ... Fed appeals court threw out challenge to FERC approval of NG pipeline into NYC ... Colorado high court scuttled ballot proposal for right to clean air, clean water ... 9 states joined Murray Energy lawsuit against EPA rulemaking ... TX not liable for whooping crane deaths in parched refuge: appeals court ... Canada Supreme Court expanded ability of First Nation tribes to potentially veto proposed land use plans. (May stop oil sands pipeline to west coast.) ... Remote Alaska early-warning radar system could be at risk as region's coastlines erode from climate change: govt watchdog ... NASA canceled launch of 1st satellite to measure global CO2 ... Volcanoes may pack more atmos cooling power than had been thought: research ... U of Maine system creating degree programs in climate change ... Mountaintop coal mining linked to declining fish populations: USGS ... Beetle sending N American ash trees to the ash heap of history (extinction) ... States protesting EPA plan for beach contamination warnings ... Mysterious pollutant fouling NJ lake ... Lead exposure linked to depression in Chinese children: study ... Researchers attempting to breed heat-resistant "super chicken" ... FERC questioning New England's latest power gen capacity auction results ... BLM oil/gas permitting times "very long", accountability lacking: IG ... Top US fed agencies jobs vacant (200) in Senate confirmation limbo. Some waiting years ... Cheneire's latest 20-year LNG deal boosted US price point in Asia ... If we can't reduce offshore wind costs, quickly, we don't have an industry: OREC ... Statoil, Statkraft going ahead on building offshore Britain wind project ... Cape Wind getting $150M conditional DOE loan guarantee for offshore Mass project. Must first secure balance of ~$2.6B finance, ~1/4 from equity sales. Denmark's export credit agency pledged $600M loan guarantee in Feb ... Softbank unit, partner to build 100Mw 1st phase wind project offshore Japan. 5Mw turbines ... Canada JV to buy stake in 100Mw Quebec wind farm ... Ecotricity (UK) filed for 58Mw Scot wind project ... Northland Power OK'd to build 100Mw $356M wind project in Ontario ... Nautricity, Fundy Tidal teaming up on 500Kw Nova Scotia tidal power project. Summer '15 deployment ... Poet S Dakota plant hasn't been able to ship ethanol since last week because of flooded rail track ... Thai comp to build 600 metric ton/day biofuel plant in Myanmar to serve both countries ... China biodiesel production at 1/2 of capacity: study ... Rice U researcher converting biodiesel waste (glycerol) into chems with palladium-gold nanoparticles ... Pacific Ethanol (PEIX) added to Russell 3000, Russell 2000, Russell Global Indexes ... Researcher at U of Liverpool found magnesium chloride can be substituted for cadmium chloride (toxic, expensive) in solar cells. Mag chloride extracted from seawater, edible in tofu ... World Bank $78.4M finance for 480K more solar home systems in Bangladesh. Program currently installing 70K systems/mo. 3M already installed ... China commercial solar group formed to tackle trade wars ... NRG Yield completed buys of 2 solar plants, natgas plant in California for $349M cash. Total 590Mw ... Sumitomo Mitsui Bank, partners providing $62M loan for 18Mw wood biomass plant in Japan. Also 2.2B yen loan for smaller, similar plant ... GE to buy UK anaerobic digestion comp ... Philippine comp to invest $100M in clean/ren projects in next 2 yrs ... Intelligent Energy (UK) plans 40M Pound IPO. Fuel cell developer.
TUESDAY OPEN ... Market up 108/39/9. Volume normal. WTI ~$106, Brent under $113. China manufacturing expanded at fastest pace of year. Ukraine ended cease-fire. Bank runs in Bulgaria ... (stock #s in %) LEOM up 11, may be working out of double bottom. NGLPF, WSGP up 10. XSNX up 9. RBCN up 8. GTAT up 4, new high. PEGI up 3, new high. CREE up 3 .... CSOL down 44. ENSL down 32. WWPW down 22. NORX down 20. TMEN down 17. ECAU down 16, new low. DPSM down 12, new low. CCTC, EVSI down 10.
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