FRIDAY CLOSE ... Dow up 18, Naz down 5, S&P up 3. Volume slightly heavy after slow start. WTI under $103, Brent under $110. NG $4.58 ... (stock #s in %) AMLM up 50, day 3 of surge out of bottom lines (200-days) to over top lines (50-days). CNTO up 25. BLQN, PSON up 20. LEOM up 19. PWDY up 18. NAMG up 16. EWRL up 15. WSGP up 14. ABAT, GPRC up 12. QTMM, EVSI up 10 .... CSKH down 90, new low. POLR down 33. CABN, CRGE down 20. JUHL down 18. ENSL down 14. WTWO, GWBU, NORX down 12. DSTI down 11. CERPQ down 10. CCTC down 9, new low. ACFN down 2, new low.

RUSSIA, KAZAKHSTAN, BELARUS formed limited economic union. Armenia, Kyrgyzstan interested in joining ... Southern CEO: energy storage the real "disruptive" tech to utilities ... Missouri U of Science, Tech transitioning from 69-yr-old coal plant to geothermal system. Will cut U's grid energy use 50%, reduce GHG emissions 25K metric tons/yr. (Thousands of cars worth.) Reduces water use 10M gal/yr. Saves over $1M /yr energy costs, expected to grow to $2.8M/yr. Financed with bonds ... $44T cost to decarb energy system by '50 offset by $115T of fuel savings: IEA. (It's economics, folks. Forget about politics of clean energy, clean air. Think your pockets.) ... Just 5-10% of England's Weald Shale Basin likely extractable. 2-8.5B bls in basin ... China '15 goal to frack 480MCF/d of NG. By '17, aiming for NG providing 9% of total powergen. Was 5.2% in '13. Avg cost to drill China shale well this year $11-13M. (US costs $9.3M/well in Haynesville, $6M in Marcellus, $3,3M in Barnett, $2.6M in Fayetteville.) China trying to reach $10M/well this year. (Their deal with Russia will get them NG for ~$10/MBTU.) ... 32 net zero energy buildings in US so far. 110 more in various stages of development/construction ... Canada new law makes it cheaper to prevent oil sands pipeline leaks than clean them up. Pipeline operators now liable for all costs/damages from pipeline spills. Advanced clean-up funds required. Tar sands oil more corrosive, transported at higher pressures. Spills significantly more toxic, harder to clean up. Alberta has seen avg. of 2 spills/day since '75 ... Europe's energy status better than it's been in 10 yrs: Statoil exec ... New survey shows 74% of Americans support modernizing country's el power/heating system ... Honda Accord hybrid doesn't get EPA mileage: testers. 47MPG on sticker ... Duke Energy proposing Indiana energy efficiency programs ... Calif, 7 other states plan to put 3.3M EVs, FCVs on US roads by '25. (I sure hope so. Should be more powered by clean energy, though.) ... Molxa (UK) to raise $3.4M to bring energy storage systems to market. UK needs at least 2Gw new energy storage by '20 ... Japan wind lobby boosted wind cap target 50%. 75Gw by '50. Onshore 38Gw. Rest offshore ... Calif fracking moratorium died on Senate floor ... Thousands in Sacramento Valley ordered to stop pumping water from streams because of drought ... Species disappearing 1K x faster than in pre-human times: study ... Siemens' energy services biz driving their profit ... Drop in Europe solar installs "stabilisation": EPIA ... Brazil could contract 1Gw solar at reserve energy auction later this year ... Nelja Energia (Estonia) MOU to build country's 1st offshore wind farm ... India's Kavnataka State to install 1Gw solar next 15 months.

FRIDAY OPEN ... Market flat, Dow down 24. Volume light. WTI under $103, Brent under $110. Russia withdrawing most of troops from border: US ... (stock #s in %) CNTO, WSGP up 25. WTWO up 12. SSOL up 10 .... CRGE down 52. POLR down 33. TMEN down 32. PPRW down 28. DSTI down 23. CABN down 20. NORX down 13. GERS, XDSL down 11. EWRL down 10.

THURSDAY CLOSE ... Market up 65/22/10. Volume light. WTI up over $103, Brent over $110. NG $4.59 ... (stock #s in %) CRGE up 108. POLR up 51. AMBT up 22, surge over bottom lines (50-days). GWBU up 21. EWRL up 18. ENSL up 16. AMLM up 14. CERPQ up 11. XSNX up 10. JASO up 7, back above top lines (50-days). SCTY up 6, back to bottom lines (200-days), 50 day lines coming down to pick it up. SUNE up 5 on volume .... HOKUQ down 50. CRCL down 30. BFRE down 20. PWDY down 19. AMEL, MGLT, NAMG down 16. INIS down 15. SRWRF down 13. AMPD down 12. CNTO down 11. CCTC, MKBY, XDSL, PTOS down 10.

1.3GW SOLAR POWER INSTALLED in US in 1Q. 2nd largest total on record after 4Q13. Up 79% from 1Q13. Residential installs up 36% to 232Mw. Utility-scale farms 873Mw v. 322Mw in 1Q13. 225Mw from commercial, govt, non-profit projects. Installs may reach 6.6Gw this year. 12Gw of utility solar projects in development ... Intl GHG reporting tool measuring farm emissions for 1st time ... Ohio legislature voted to put RPS on hold for 2 yrs. Governor expected to sign. (Republicans believe in free markets. What's so free market about utility monopolies or heavily-subsidized oil/gas sector?) ... Oil tanker exploded off W Japan. 1 missing (the captain). Not loaded ... Regional GHG Initiative (RGGI) has reduced CO2, other pollutants AND el prices in US Northeast: study. 29% drop in CO2 emissions. 8% drop in el prices. (New Jersey dropping out of RGGI. Go figure. O yea, Republican governor.) ... New investments in clean/renewable energy down 5% in '13 in N America to $56B, lowest since '10. N Am oil/gas investment $168B ... Half of new power gen capacity in US in '13 was NatGas. 6.86Gw ... China wind cap up 21% in '13 to 91.4Gw. Also up 21% in '12 ... China spending up to 4x more than US in developing shale gas fields ... US clean energy comps raised $2.9B of equity in '13 ... Survey of US shale drillers says their debt has doubled in last 4 yrs, revs up only 5.6%. (Consolidation may be coming sooner rather than later.) ... Libya militias have closed down what little oil exporting they had going. Now 2 prime ministers. US embassy has warned all Americans to get out ... Egypt election facing widespread boycotts of voting ... Boulder has created its own muni power/heat utility ... Malaysia comp to build $700M methanol plant in Kazakhstan. Already owns large NG reserves there ... Finland comp sold waste-to-ethanol plant to Sweden comp. Biowaste, bakeries residue feedstock. 5M liters/yr cap. Online next year ... Iran shipped est. 317K tons LPG to Asia in May ... Japan approved plan to freeze soil around Fukushima nuke plant to prevent radioactive groundwater from entering water supply. To take almost year to build. $314M ... Two 75Mw solar farms now online in S Africa ... Nordex to install 62.7Mw wind farm in Netherlands. 3.3Mw turbines ... Groupon, Solar City (SCTY) offering deals on solar installs. $1 for $400 off for limited time ... Wind power most popular energy source in UK ... Wal Mart to double up on solar installs at US stores. Already 240 installs. Each store ~380Kw ... FIrst Wind finished 3Mw solar farm in Mass. Also 14Mw solar project online next month ... Sun Edison (SUNE) planning IPO for unit to own, operate clean energy plants - TerraForm Power. Initial portfolio 524Mw of solar in US, Canada, UK, Chile. Looking to raise $50M in IPO ... Solazyme (SZYM) began production at Brazil plant making oil, lubricants. Full cap 100K metric tons/yr within 12-18 months ... Failed pipeline spilled 600 barrels crude in Powder R. Basin ... Tornado damaged large Marathon oil refinery in Louisiana ... Innovative Solar Systems (NC) intends to build 12 solar projects in state. 25-80Mw each for 620Mw total ... Brazil registered 248 wind project proposals, total 6.1Gw, for June 6 auction ... Iberdrola abandoned $150M New Hampshire wind farm ... Demand for new solar installs in Europe to drop 7.7% this year to 10Gw ... UK will need to install more onshore wind to meet '20 goal of 15% clean/ren energy ... France annulled wind FITs. To create new FIT rules.

THURSDAY OPEN ... Market up 17/9/2. Volume light. WTI under $103, Brent over $110. US GDP 1Q revised down 1% v. .1% gain previous read. Forecasts had it down .5%. Final read late June ... (stock #s in %) PWDY up 22. NORX up 18. POLR up 13. SSOL up 12. SZYM up 9 on news their new plant started up. SUNE up 7 on news of IPO. SCTY up 5 on news .... HOKUQ down 50. LMRMF down 26. SPIR down 12. XDSL, USEI down 10.

US CATTLE HERD lowest level since '51. 87.7M. Peak was 132M. Food price index (spot prices, not futures) up 21.75% so far this year. Meanwhile, 5-yr growth of personal income lowest since records started in '59. Minus 5% ... London, Delhi, Beijing vying for air pollution crown ... Moo.