|
PureBytes Links
Trading Reference Links
|
Long term investors, who like to dig into company details and
fundamentals, might find some value in the emerging alternative
energy sector (only if you like to speculate and are in it for the
long haul).
Reasons
1) We are in an energy hiatus ... how long it will last is
unpredictable ... only 3 months ago everyone was reaching for their
alternative energy booster packs and now it is all on the
backburner.... future demand for energy is a certainty, based on
population growth and development of emerging nations.
2) Developing clean energy resources isn't optional .. it can only be
postponed for so long.
3) Governments are funding development (follow their dollars).
I did some intitial research, on a slow Sunday, a while ago.
I am not following any long term investor strategies, at the moment,
so I didn't follow up.
Ed's post, on his gas acquisitons, reminded me I had forgotten to
post the info.
A few Ozzy examples (small by USA standards).... not recommended but
indicative of what is on offer.... parallels should be available in
other markets.
Search further afield, and dig into the research, and some gems
should be forthcoming.
Some categories that caught my eye ... not a complete coverage of the
areas that are opening up.
a) Geothermal power
Silver bullet solution.
Unproven anywhere in the world.
Involves pumping water into deep wells, drilled into hot geothermal
rock, then recovering the steam generated and using it to run power
producing turbines.
Technical difficulties to overcome include maintaining ground to
surface steam supply, correlated to generating demand, and keeping
the pipes open (no solution as yet to the possibility that rock
fissures will become encrusted, and blocked, with mineral scale from
minerals that go into solution).
On the plus side the above ground generating technology is standard
procedure.
IMO the risk is above par (technical difficulties) but the rewards
are blue sky if they bring home the bacon.
Australian example:
Geodynamics Ltd (GDY.AX)
http://au.finance.yahoo.com/q/apr?s=GDY.AX
http://www.geodynamics.com.au/IRM/content/home.html
(follow the link to their site for an explanation of the method and
their current report).
- amongst the best reserves in the world
- large heat sinks closer to the surface than other global sites
- water supply is a problem
- located at a distance from major user centers so distribution
costs are higher
- they will probably put their hand out for govt assistance
with water and distribution (likely to get it as it is trendy project)
- borrowing AUD 200M, so far
- partnership with Australian energy major (Origin Energy)
- test wells report good results
- demo 50MW (baby) generator 4 years away and plenty of
spending to do before then
- collaborating globally including with USA peers
- financial feasibility studies not published
b) Carbon energy providers morphing to mixed energy suppliers
The low risk option ? smart operators will be winners.
Australian example"
Origin Energy
http://au.finance.yahoo.com/q/apr?s=ORG.AX
Former carbon energy major with developing interests in alternative
energy e.g. geothermal and solar panels (they claim to have superior
solar panel technology in pilot plant production ? some units sold ?
likely to scale up to full scale production).
The type of company with the size and connections to take advantage
of middle of the road political objectives, and hence govt grants
e.g. a solar panel on every Australian roof by 2030?
Also involved in Coal Seam Gas production
http://www.originenergy.com.au/about/files/CSGQld.pdf
c) Coal Seam Gas
Known technology (even Russia has one that has been working for
years) ? formerly unfashionable and under-utilized method.
Capable of sneaking onto the energy leader-board in the next decade
or two but unlikely to receive a lot of headline publicity, except on
the finance pages.
Australian example:
Queensland Gas Company
http://qclng.com.au/
http://au.finance.yahoo.com/q/apr?s=QGC.AX
d) Clean Coal Techology
The target of environmental protests but this is actually our best
option for the environment (economically achieveable).
Politically and economically correct (at least in China, India, USA
and Australia ? also other countries with the bulk of their power
coming from coal or who don't have oil reserves).
Large proven reserves still available.
Quantum technical leap is only required in some phases of use and not
beyond reach.
Carbon emission reductions are not as spectacular as some emerging
technologies but they are significant.
Can be grafted onto current technology and production.
In the future it will be seen as clean and green.
A long way ahead of carbon sequestration which is a band aid solution
for existing coal fired power plants.
Less environmental risk in coal transportation than oil
transportation.
Coal deposits are closer to major population centers in most
countries that have coal deposits?
Efforts are focused on coal `washing' or dissolution to leave ash and
waste products behind prior to burning to produce energy for power
generation.
Any company that comes up with a step improvement, from out of left
field, will clean up bigtime.
That isn't in sight but some baby steps are being made.
Australian example:
Felix Resources (FLX.AX)
- 20 to 30% step efficiency gain in energy utilization
- potential step gains in CO2 capture (emissions are cleaner
and easier to scrub
- plugs into existing technology for generation
- suits smaller scale deployment
- off the shelf solution
- sharing development with Mitsubishi to use existing gas
turbines or a mod thereof
- pilot plant up and running
- product is pelletized coal (easy to transport and deploy at site)
http://au.finance.yahoo.com/q/apr?s=FLX.AX
http://www.felixresources.com.au/?p=14
Keep in mind that everyone wants greenhouse gas reductions but no one
wants to pay for them ... politically favoured projects (winners?)
will have to do the job at cost!
brian_z
------------------------------------
**** IMPORTANT ****
This group is for the discussion between users only.
This is *NOT* technical support channel.
*********************
TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
*********************
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
For other support material please check also:
http://www.amibroker.com/support.html
*********************************
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/amibroker/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:amibroker-digest@xxxxxxxxxxxxxxx
mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|