Wed, Dec 17, 2014, 5:23 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

New York Community Bancorp Inc. Message Board

ralph_sutex 11 posts  |  Last Activity: Dec 4, 2014 8:42 PM Member since: Jan 15, 2000
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    Boiled off gas? Dag or Ralph

    by alseattle Dec 4, 2014 1:35 PM
    ralph_sutex ralph_sutex Dec 4, 2014 8:42 PM Flag

    Hi Al,
    Boil off gas has to do with LNG storage tanks that vent gas from a release valve on the tank roof.

    Oxygen is correct that this application is for high pressure NatGas letdown stations that must drop the gas pressure from a NatGas hub station to feed into the low pressure lines that serve home and business users. Similar to the electrical high voltage drop at electrical sub-stations down to 120V.

    But in addition to this being the first DFC-ERG in the US, what I think is so important about this news is that the officials at UIL said in the original Hartford Current news article from Nov 17th, that the DFC-ERG is cost effective ONLY if they can get a tax break from the town. Today the news was that UIL is going ahead and buying the DFC-ERG without any tax exemption. So economically this still makes sense for everyone involved.
    The second piece of interesting information is that the original story in the Hartford Current also noted that there were three other towns in Conn all with similar NG letdown stations that FCEL had pitched their story to. I wouldn't be surprised to see some more DFC-ERG sales in 2015.
    Ralph

    Sentiment: Strong Buy

  • Reply to

    Does NRG advertise FOOLCELL at all?????

    by gaypete357 Nov 27, 2014 10:47 PM
    ralph_sutex ralph_sutex Nov 28, 2014 10:58 AM Flag

    gaypete,
    I'm sure that you have no interest in checking this out.

    Anyone else looking for the NRG power solutions offering of FuelCell Energy on the NRG website just google

    NRG Your ultra-clean, reliable solution for on-site power
    Ralph

    Sentiment: Strong Buy

  • The article title is

    A green data center with an autonomous power

    It also shows a good picture of the project.

    November 28, 2014

    Ralph

    Sentiment: Strong Buy

  • ralph_sutex by ralph_sutex Nov 26, 2014 3:12 PM Flag

    Surprise in Delaware:
    Bloom Energy's 'Green' Fuel Cells Need Sulfur Filters
    Bloom Energy, a celebrated Silicon Valley company that builds "green" fuel cell generators around the country, appears to be collecting--and removing--solid waste in the form of sulfur compounds that are collected on filters. The company admitted to Breitbart News that sulfur is present in its "Bloom boxes," but allegedly did not initially disclose that fact when applying for a permit to operate in Delaware under the Coastal Zone Act.
    The sulfur originates in the natural gas that the Bloom Energy generators use as a source for hydrogen. The company's initial permit application, filed in November 2011 with the Delaware Department of Natural Resources and Environmental Control, mentioned that sulfur would be emitted in gaseous form, as sulfur oxides. However, it did not mention sulfur that would be filtered and then stored in the form of zinc sulfide.
    In January 2012, the company submitted a revised permit application, in which it mentioned "desulfurization beds," describing their operation in a paper attached to the permit application. The revised permit application argues that the filters will reduce the Bloom boxes' sulfur oxide emissions. The permit was declared "complete" in February 2012 by "Syracuse whiz kid" Collin O'Mara, who served at the time as Delaware's Secretary of Natural Resources and Environmental Control and now leads the National Wildlife Federation in Virginia.
    O'Mara's report does not include any solid wastes from desulfurization filters, and declares: "No hazardous wastes will be generated." (O'Mara did not return a request for comment from Breitbart News.)
    According to Bay Area scientist Lindsay Leveen, who first made the sulfur allegations against Bloom on his blog, Green Explored, thousands of pounds of sulfur oxides are "missing" between the first and second applications--a difference that can only be accounted for by the filters. Leveen obtained a document through a Freedom of Information Act request, which he provided to Breitbart News, showing the Bloom Energy site at the Red Lion site in New Castle, Delaware had an "outage" in March 2013 due to "sulfur content" in spent "desulfurization tanks" that had to be removed. State regulators are not, apparently, monitoring the removal of the tanks.
    Leveen contends that the tanks may contain hazardous waste, including spent catalysts and sulfur compounds. Regardless, he says, whether the state considers the spent filters to be hazardous waste or merely solid waste, it wrongly ignored them in the permitting process, since they were not mentioned at all in O'Mara's report.
    Another document obtained by Leveen shows a Bloom Energy proposal for a job training program in California in which participants would learn how to handle "hazardous materials," including during the production of its fuel cells and "at customer sites when installing and servicing the units." The hazardous material mentioned in particular is hydrogen sulfide gas, H2S, a poisonous gas that the desulfurization filters are meant to remove using a catalyst and a sorbent material that stores the sulfur as a compound such as zinc sulfide (ZnS).
    Reached for comment, Bloom Energy spokesperson Alanna Gino told Breitbart News: "Bloom Energy systems do not produce sulfur. Sulfur is present in pipeline natural gas which is filtered and removed responsibly and in accordance with all requirements.”
    The company, which has also been accused of overstating the efficiency of its fuel cells, is the single largest recipient of grants under California's Self Generation Incentive Program (SGIP).
    Senior Editor-at-Large Joel B. Pollak edits Breitbart California

    Sentiment: Strong Buy

  • ralph_sutex ralph_sutex Nov 25, 2014 10:44 PM Flag

    Yankees,
    Thanks for the reminder about this.
    Ralph

    Sentiment: Strong Buy

  • Reply to

    Interesting comparison

    by ralph_sutex Nov 20, 2014 9:05 AM
    ralph_sutex ralph_sutex Nov 20, 2014 9:01 PM Flag

    on_pphire,
    I realize why Morgan Stanley went for security and the Bloom Box. These are all the same reasons why FCEL, POSCO, FCES and NRG are selling DFC1500's and larger. I was just pointing out the difference in what the cost per KW is between Bloom and FCEL.

    If anyone is wondering why FCEL didn't win the contract to sell Morgan, it is because they wouldn't bid on it. Since late 2012 FCEL decided to no longer bid on negative gross margin sales i.e. sub-megawatt fuel cells unless it is for a never before tried application like the Microsoft data plant that runs on pure biogas right from the site.

    No fuel cell has ever been built to run on pure biogas. The MSFT unit is the first.
    You may remember that Apple installed a Bloom fuel cell using biogas but it was directed biogas that had the impurities removed first and delivered into a NG pipeline to the Apple location.
    Hope that helps,
    Ralph

    Sentiment: Strong Buy

  • ralph_sutex by ralph_sutex Nov 20, 2014 9:05 AM Flag

    Old news but new information. According to this article the Bloom SOFC cost $3M for 250KW or STILL over $10,000 per KW vs FuelCells DFC1500 at around $2200 / KW. So even with all of the Bloom sales they still have not gotten their costs down.
    Ralph

    Excerpt:
    Morgan Stanley celebrated the installation of new fuel cell system Friday that will produce enough electricity year-round to power about 150 homes, or 250 kilowatts. The fuel cells come a year after the financial services company installed a six-acre, 3,091-panel solar array on its campus at 2000 Westchester Ave. in Purchase.

    "We're doing it because as a company we're committed to reducing our carbon footprint and we believe in leading with that in our own facilities. We also help our clients do that," said Jim Rosenthal, Morgan Stanley's chief operating officer.

    Morgan Stanley's fuel cell system cost about $3 million, according to the New York State Energy Research and Development Authority, which provided a $1 million subsidy. Morgan Stanley's fuel cells are made by Bloom Energy and they use an electrochemical process to convert natural gas into electricity.

    Sentiment: Buy

  • Reply to

    Motley Fool finally turning positive on FCEL

    by ralph_sutex Nov 9, 2014 9:06 AM
    ralph_sutex ralph_sutex Nov 9, 2014 1:43 PM Flag

    garp,
    I'm glad to see that you are closely reading the press releases. What you failed to note was that the city of Torrington had been working with FCEL since April for the approval of this expansion. Now, if you re-read the Q1 call from March 12, 2014 you will understand that the new laser welders were already planned into the expansion once the space was available. The first laser welder began operating in Q1. It is other equipment they are talking about in Phase II to bring them up to 200MW.

    This is what chip said as part of his prepared speech in the Q1 call from March 2014.

    Over the next year we will be replacing remaining plasma welding stations with laser weld cells in a staged manner.
    POSCO’s new manufacturing facility in Pohang will use laser welding equipment exclusively as we implement best practices from the Torrington facility in the South Korean facility.
    Ralph

    Sentiment: Strong Buy

  • Reply to

    Motley Fool finally turning positive on FCEL

    by ralph_sutex Nov 9, 2014 9:06 AM
    ralph_sutex ralph_sutex Nov 9, 2014 12:56 PM Flag

    greycorner,
    I think what Motley Fool and others who are finally doing is looking forward at the accomplishments and at the physical changes taking place at FCEL rather than being locked into only looking backwards at prior numbers.
    Those of us who are bullish on FCEL are seeing and feeling the potential of the NEAR FUTURE that is ahead for stationary power in Asia, Europe and the US.
    As the tag line goes but adding a twist, Past Results Do Not Forecast Future Profitability.

    Finally, as you point out, FCEL is improving and consolidating their plant and productivity from old-school manufacturing to new efficient processes.
    One major step is changing over their time consuming individual cell welding process from plasma edge welding and hand done corner welding to FASTER more efficient Fully-Automatic Robotic Laser Welding that does the entire cell, both edges and corners.
    One reason for the move to larger quarters is growing confidence in accelerated deliveries against their backlogs. One of the preparations they require to deliver against those orders is the room to set up multiple laser welding lines while continuing the old welding process. The new Torrington plant will have that room. Then when the new laser welding lines are tested and fully operational they can make the changeovers without incurring any downtime.
    Ralph

    Sentiment: Strong Buy

  • This is their closing remark on the Torrington expansion.

    Between the several millions of dollars that FuelCell has spent in the past several years, and its growing demand internationally, the opportunity to grow seems to be there. With this capital investment to increase production capacity, it seems to be spending that money at the right time. If management can turn greater production capacity into better economies of scale, then it should be on the right track toward those elusive profits.

    Ralph

    Sentiment: Strong Buy

  • ralph_sutex ralph_sutex Oct 30, 2014 9:02 PM Flag

    cchen9830,
    I think seeing the plant is a great idea but I can assure you that unless you make an appointment first, you will be told that there is nobody available to take you around.
    I would call Kurt. He is the only one who can give you a tour.
    Ralph

NYCB
15.74+0.32(+2.08%)Dec 17 4:04 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.