www.enreport.com

Previous SPR's effect (During Katrina)

On the 23rd June 2011, IEA has decided to release 60million barrels from its 28 members' reserves.
IEA members have 4.1 billion barrels of stocks, some 1.4 billion barrels is for emergency.
They will release 2 million barrels/day for the initial 30 days.

The question is whether this reserves can be traded freely like a normal reserve? Buyers of SPR may not sell it to overseas (Platts)

• "The auction for 30 million barrels of light sweet crude starts at 1 p.m. CDT on Wednesday, with deliveries occurring between August 1-31."
• ""No, you cannot sell to Latin America or China," DOE said in an explainer posted to its website. "SPR petroleum may be exported only with an export license and in connection with the return of refined products to the US.""
• "The US share [30 million barrels] represents 4% of its current stockpile of 727 million barrels"
• U.S. holds (56 percent) while Japan (24 percent), Europe (14 percent) and Korea (6 percent) of the SPRs.(321 energy)
  

Ref:
http://www.iea.org/press/pressdetail.asp?PRESS_REL_ID=418
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Oil/6229240
http://321energy.com/editorials/holmes/holmes0062811.html

Platts has this news item with lots of useful numbers:
In India

• 80000 MW of coal plants under construction
• Target of adding 100000 MW in the next 5 years
• Environmental problems for local coal prevented 203 mines that can fuel 130000 MW
• Coal India produces 80% of national production
  

Reference
Platts, http://www.platts.com/NewsFeature/2011/CoalFired/index

Manouchehr Takin from Center for Global Energy Studies has a brief summary of oil production capacity costs here.
Here is a summary. Remember that the units is per peak daily barrel. That is if you want to build a 100.000 barrels per day peak capacity for Haradh III, you have to invest $2,500*100.000 = 250 million dollars at least."

Saudi Arabia
- $2,500 (per peak daily barrel) for development of the Haradh III zone of the supergiant Ghawar oilfield
- $10,000 for the massive Khurais et al development a
- $17,500 for the Manifa field

-$40,000 heavy oil projects of Iran
-$85,000 supergiant Kashagan field in Kazakhstan

"

Ref:
The cost of Saudi Arabia’s oil production capacity, Manouchehr Takin, http://www.cges.co.uk/resources/articles/2011/06/21/the-cost-of-saudi-arabia%E2%80%99s-oil-production-capacity

Ernst&Young has an interesting indice that you can find from here:
http://www.ey.com/GL/en/Industries/Power---Utilities/Renewable-energy-country-attractiveness-indices
The report also includes one page review of some countries including China, UK, Poland and Chile.

Country Attractiveness Indices:
http://www.ey.com/GL/en/Industries/Oil---Gas/Oil_Gas_Renewable_Energy_Attractiveness-Indices

Recent Index
http://www.ey.com/GL/en/Industries/Power---Utilities/Renewable-energy-country-attractiveness-indices