number of landfills has fallen from about 8000 to about 1600, meaning their size has increased tremendously. good for clne, because rng requires a minimum size of landfill. There are about 1000 landfills remaining for rng exploitation. how many will clne grab up? they said they wanted to add several more immediately to their three extant ones. They just started pumping large amounts of rng from the landfill waste.
Since 1997 or so, the weather in Austin has been so hot and so dry that people have forgotten what Austin used to be like. This was the mildest summer we've had in many years, and compared to what the place was like in the 1980s and before, it's been a super hot summer.
Thanks for posting this. That 2.3 years payback seems conservative, but it sounds great still, as perhaps the fastest payback for a "greener" product out there.
CLNE's IMW branch has 160+ million dollar contract it seems to have yet to collect on.
CLNE -- will it ship LNG to Hawaii and other islands?
Will there be another 10 million gallon NG Advantage contract signed any time soon?
Will another 1000 long haul trucks kick in on the bottom line soon?
Is the Texas Triangle only just starting to kick in? It doubled estimates in half a year. Will the additional Love's station help CLNE ultimately?
There are eight new Redeem plants being built. The current 3 just ramped up huge; how will that help the bottom line -- it must be cheaper than buying gas from other sources.
Could very well be 220% increase in sales in Texas, considering the market just started popping and CLNE is the major player there. Texas will grow like mad, I expect. I did not know we had developed a more friendly tax policy for ng transport.
Huge population, spread out. You can drive all day long and just make it out of Texas from one end to the other. Lots of nat gas, lots of trucking to do. Houston - energy/medical; DFW - tech and finance; SA - food; Austin - high tech; El Paso trade with Mexico (same with Brownsville, etc.).
Drew, can you give us a little info about your background and how you know so much about truck motors? Thank you for your well-written and convincing posts.
great article. The Texas Triangle is actually the Texas four-sided polygon. DFW, Houston, San Antonio, Austin -- four of the largest cities in the US. Houston is one of the largest ports in the nation, Texas trade with Mexico is enormous. Nat gas is plentiful, but so is solar irradiance, and wind. natgas prices may go down further here.
Redeem will be huge. I actually would like to see existing stations get more trucks; I want to see this more so than opening new stations. Why? Because the profit margins are greater when more trucks go to fewer stations. But I understand they want to open new stations before competitors do, and from what I read, they are way ahead of that competition.
thanks for your take. still, seems like there will be a great surplus, as Russia sells gas to China, and other alternatives take hold in CA, Canada, USA, China, Japan, Korea. Looks like over 50 GW of solar will be installed this year, and maybe 100 GW per year in a few years. These solar panels produce for thirty, forty years. The ones from the 80s still make some electricity. Wind and solar are growing quickly even in Texas. China may have over 50 GW of solar installed total by 2015 or 16. Wind is even bigger than that in China. And if they need gas, they will get plenty from the 100s of billions of dollars worth of gas they agreed to buy from Russa.
There will be far more gas than needed for electricity. It will be siphoned off for transport, and I would not be surprised if much of the BC gas is used for transport.
In TX, wind energy is replacing natural gas. There will be a big surplus in natgas, which can supplant diesel, which may be worth more as an export, anyway.
will likely be the hotbed for ng trucks. they have a smog problem, still. they have high diesel prices. they are implementing solar faster than any other state, creating theoretical surplus of ng. they have environmental mentality and will love the idea of Redeem rng. They are close to British Columbia, where LNG will be produced at huge quantities and exported. Why not buy from BC; it must be worth as much as a transport fuel in LA than shipped all the way to Korea for heating.
I think the poster named listener is better for that than those guys. I don't have time to read through a hundred unreadable, counterproductive posts. I want to hear the counter argument too. But I want useful truthful information.
If you look at the earnings estimates for next quarter, it shows that three estimates have increased in the last 7 days.
Chuck adn Whassup, why do you still read sherman and teach? I have had them on ignore for months now, and my information about clne and wprt are much clearer and veritable.
They're not going to announce every station opening. Thanks for posting this. Encouraging. Their target of 45 new stations is very doable. And as I stated earlier, they may have double the number of ANGH LNG/CNG stations by the end of the year than 2013. More than that, I think they may more than double LNG sales rate by Q4, bringing them to profitability.