Check this out. Billion dollar segment.
Is this a reason for the quiet on the deal announcements for the past 6 months? This could be hinging on some legislative outcome or some big decisions to be made by NRG or others.
A lot of coal plants may be shut down over the next few years so orders need to be put in place early before that. NRG is getting rid of 3 coal fired plants by 2017 due to the expensive enhancements required to meet federal regulations. That is only 3 plants down in Maryland.
In 2009, there were 1436 coal-powered units at the electrical utilities across the US, with the total nominal capacity of 338.732 GW.
We have a problem Houston! Alot of opportunity here. I think it will raise all ships in this energy sector including clean coal and fuel cells.
Anyone see that? Chuvash University article. Anyone have any thoughts on that? Clearsign has patents pending and that may be something that could be a monkey wrench. Clearsgn may have enhanced it? i really don't know at this point.
This is why there has been a lull in project announcements IMO. That with possibly some legislation that will help utilities and companies like FCEL build replacements and create jobs in the area where the coal fired plants will be shut down.
"It is not economically feasible for us to add the emissions reductions systems needed to meet the state's proposedenvironmental regulations given the low natural gas and powerprices," NRG spokesman David Gaier said.
The move follows plans by several generating companies to shut old coal plants as weak power and gas prices make ituneconomic to upgrade the units to meet increasingly strictfederal and state environmental rules.
Natural gas prices are relatively low due to record shalegas production. The low gas prices have pushed power prices tonear decade lows over the past couple of years.
Fuel Cell Energy is developing a carbon capture system which uses DFC stacks as carbon concentration systems. Exhaust streams from fossil power or thermal systems are sent to the air intake of a DFC stack,
I say invest now in the beaten up coal sector and load up on FCEL
Huge Growth to come in this market. With the production of natural gas pushing prices lower over long term, cost reductions and scale..... this stock will be worth a few billion in a couple of years.
I anticipate some large contracts to be announced in the very near future. NRG? Other partnership? Buyout shortly? Mergers and Acquisitions in this sector will start to happen.
ESI-AFRICA web site.
"The global stationary fuel cell market is forecast to grow, with an increase from US$390 million in 2012 to US$7.52 billion by 2020, at a compound annual growth rate (CAGR) of 44.7%, thanks to increasing interest in this technology and the help of government subsidy programs, says research and consulting firm GlobalData. The use of fuel cells is expected to increase significantly in several applications. The most important of these will be Combined Heat and Power systems, vehicles, material handling equipment, auxiliary power units and portable charges for consumer electronics.
Additionally, stationary fuel cell installation is expected to jump from 186.9 MW in 2013 to 6,266 MW by 2020, due to expected decreases in costs for set up, shipment and installation."
The FuelCell Energy Direct FuelCell® (DFC®) is based on carbonate fuel cell technology. The fuel cell electrochemical reactions are supported by an electrolyte layer in which carbonate ions serve as the ion bridge that completes the electrical circuit. A side effect of this basic aspect of the technology is that carbon dioxide (CO2) introduced at the air electrode is converted to carbonate ions and transferred through the electrolyte layer to the fuel electrode, where it is converted back to CO2.
The result is that a DFC stack can be used as a carbon purification membrane – transferring CO2 from a dilute air stream to a more concentrated fuel exhaust stream. The concentrated CO2 can then be captured and used for industrial purposes, oil and gas extraction, or sequestered. This has the potential to solve a problem that the US Department of Energy (and other agencies around the world) has been struggling with for years, which is to develop and deploy an efficient and cost effective solution to concentrate and capture the CO2 in the exhaust of large coal or natural gas powerplants to avoid the harmful greenhouse effects caused by these emissions.
How does that deal work? LPC buying the rest of these shares now? Jason ought to give them a call about their share value. Maybe they can work up a pumping article together.
There appears to be a lot of shares traded between 1.25 and 1.35. Short volume?
Thats right, I feel they really have to be flexible now and will strike a deal. Exalgo is nothing. It really comes down to CHTS and Z944. Maybe some patents also could be worth 10 or so million. Definitely above this price.
I really don't know. It could be anywhere from 50MM to 125MM if someone is pleased with the LEP data. They also have the Novartis partnership thats been brewing for 5-6 years and is also valuable. Management is really pressured now to do something and I think they have been thinking about this happening and have planned for it.
30, 40, 50MM? That is why Z944 is valuable, plus the company has net cash of $15MM at this point. ADD 40MM FOR Z944 and you you should achieve a 55MM market cap at minimum.
I think a minimal of 50MM Z944 is worth depending on who is interested. That is why they did the LEP testing which did not cost alot, but gave them a card to play.
They won't go bankrupt if both fail. A sale of the company would be their option as Corrigan indicated. They still have Z944 that has already shown it works with the LEP testing, along with all the patents and collaborative work with Novartis, Amgen, Esai. They could be bought up between 60M-150MM depending on who it is. A fall to 2 as JN indicated would put the company at a 44MM market cap. A buyout between 2 and 5 might work but it could go a bit higher if there is someone that wants to further develop Z944 and Z160.