Obama Speaks, You Make Money: New Report Picks Alternative and Clean Energy Stock Winners For The Carbon Free Future

• On 12:31 pm EDT, Tuesday September 22, 2009

67 WALL STREET, New York - September 22, 2009 - The Wall Street Transcript has just published its Alternative Energy/Clean Energy/Power Generation/Utilities Report report offering a timely review of the sector to serious investors and industry executives. This 83 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Long Term Perspective on Alternative Energy Industry -- Leading Indicators for Alternative Energy Components Companies -- Mergers and Acquisitions in the Alternative Energy Industry -- Break Even Business Fundamentals for Carbon Free Energy Providers -- Development of Carbon Free Energy Production Infrastructure -- NAT GAS Act -- New Players in the Alternative Energy Industry -- Solar Power Cell Manufacturers Market Strategy -- Demand Response for Raw Materials for Solar Cell Production -- Alternative Energy Investment Opportunities -- Multiple Stock Winners in Carbon Free Production Industry -- Government Funding of Alternative Energy Power Providers -- Chinese Solar Energy Companies -- Alternative Energy Hedge Fund Investors -- Commodity Cycles -- Determinants of Market Valuations in the Alternative Energy Production Industry -- Carbon Emissions Statistics -- Energy Efficiency Statistics -- Innovations in Solar and Wind Power Generation -- Business Economics for Methane Based Power Generation -- Electric Vehicles Projections and Statistics-- Cap and Trade Projections and Statistics -- Development of Battery Technology -- Regulatory Environment Developments for Solar, Wind, and Alternative Energy -- Hybrid Vehicles Development and Sales Projections

Companies include: Tanfield (TAN.L); Smith Electric Vehicles U.S.; Valence (VLNC); Spire (SPIR); Newport (NEWP); MYR Group (MYRG); Primoris (PRIM); Tetra Tech (TTEK); EnerNOC (ENOC); Comverge (COMV); EnergyConnect (ECNG.OB); Calgon Carbon (CCC); and Ener1 (HEV); Westport Innovations (WPRT); Clean Energy Fuels (CLNE); Fuel Systems Solutions (FSYS); FuelCell Energy (FCEL); FEI Company (FEIC); Veeco (VECO); AT&T (ATT); Landi Renzo (LR.MI); Teleflex (TFX); Royal Dutch Shell (RDS.A); Wal-Mart (WMT); Pepsico (PEP); FuelMaker; Chevrolet; GM; Honda (HMC); Itron (ITRI); Siemens (SI); American Superconductor (AMSC); GE (GE); and ABB (ABB);

In the following brief excerpt from just one of the 23 interviews in this 83 page report, an industry expert discusses the outlook for the sector and for investors.

Bryce Dille is a Research Analyst at JMP Securities, where he covers clean technology and alternative energy companies. Prior to joining JMP, he spent nearly three years at Encompass Fund, serving as a buy-side Research Analyst focused on oil and gas, mining, industrial technology and emerging energy technologies. Mr. Dille previously served as an Assistant Portfolio Manager at Mellon Financial. He has also worked as a chemist at EIC Laboratories in Massachusetts on polymer chemistry, lithium battery technology and photovoltaic solar technology for Department of Energy-funded and Department of Defense-funded projects. Mr. Dille holds a B.A. from Carleton College in Minnesota.

TWST: What developments do you expect to come from the $2.4 billion in stimulus money for the development of electric vehicles that was announced in August?

Mr. Dille: I think it will be a goal of the administration through any type of funding, whether it's from the $2.4 billion or the potential for the $25 billion under the advanced vehicle manufacturing loan initiative. It's called the ATVMLP, Advanced Technology Vehicle Manufacturing Loan Program. That's a $25 billion program that was in place under the Bush Administration and could potentially double under the Obama Administration if the American Clean Energy and Security Act passes in its current form. But what I think is the goal of the administration is to provide funding to enable each portion of the whole vertical of the plug-in or electric vehicle market to have an adequate supply chain. So what that means is I think they want to provide capital to the raw material providers; they want to provide capital to the lithium-ion battery manufacturers; they want to provide capital to the OEM suppliers, and they want to provide capital to the OEM. Essentially, I believe they want to hit each portion of the supply chain from basically raw materials to end automotive product. The first loans under the $25 billion ATV loan program went to three leading plug-in electric vehicle manufacturers - Ford (F), Nissan (NSANY.PK) and Tesla. And with the recent $2.4 billion, I think what they have done is they have tried to fill out the midpoint to that supply chain, where they want to enable the battery guys and the electric-drive guys, and provide the capital in order to produce domestic manufacturing and ultimately support U.S. jobs. But also just to bring domestic capacity online, because what this is coming down to here, and the way this appears, is that it's in essence trying to balance supply with anticipated demand. And because you are creating the market theoretically from scratch, it's very - I don't want to say a tricky game - but it's a very touchy game where they are trying to make sure that each piece of the puzzle is in place. By the time you can bring or get a material amount of vehicles to market - and material, in my mind, could even be 50,000 cars - if you look at a battery cost of say $20,000 per vehicle, at 50,000 vehicles that's a billion-dollar battery market. So it ramps up pretty materially. So I can even say 50,000 cars on the road that would be either electric or heavily hybridized lithium-ion-based cars would be pretty material for the marketplace. And especially to - looking at, say, a few hundred thousand vehicles on the road - that's a pretty large number when you move into the lithium-ion battery space. And because the performance characteristics are just far greater and the numbers get much larger much more rapidly, I think this area is emerging as a pretty material cleantech sector.

TWST: Several analysts believe alternative fuel is a more viable solution than hybrids or plug-ins. What are your thoughts on that?

Mr. Dille: I think right now the ethanol marketplace is probably entering a new stage where we are beginning to see traditional oil companies enter the market and there have been acquisitions of production plants in the United States by these guys because they understand that renewable fuel fits into and integrates very well into their existing supply chain. I think the one thing that's changed the dynamic a little bit is that the utilities understand that if a car needs to get plugged in, it's going to be purchasing electricity from the utility. So I think you are going to have more of a bifurcated outlook on the vehicle market, where you have the traditional petroleum guys understanding the supply chain for renewable fuels either from ethanol or biofuels, and then on the flip side of that, you have the plug-in hybrid vehicle mindset being driven by the utility marketplace. Just one other thing, too, is I think the lessons learned in the ethanol market have really helped that market come back or could help that market come back much more intelligently. Lastly I believe both industries will garner continued support from the administration - either from the fuel side on the renewable fuel standards, or on the plug-in side from tax incentives or stimulus funding.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 83 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

For Information on subscribing to The Wall Street Transcript, please call 800/246-7673

Buzz up!