Chinese Government Makes the Push for Natural Gas Fuels; Growth Curve Likely to Continue to be More Rapid Than the U.S.: Expert Analyst Pavel Molchanov Discusses International Opportunities in Natural Gas

Wall Street Transcript

67 WALL STREET, New York - August 22, 2013 - The Wall Street Transcript has just published its Alternative Energy Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Grid Parity Timelines for Alternative Energy - Asia Pacific Demand for Solar Energy - Alternative Energy Generation - Solar Energy Pricing - Government Subsidies and Regulation - Solar Growth Drivers and Headwinds - Regulatory Headwinds for U.S. Utilities

Companies include: PetroChina Co. Ltd. (PTR), Chart Industries Inc. (GTLS), Westport Innovations Inc. (WPRT), Clean Energy Fuels Corp. (CLNE), First Solar, Inc. (FSLR), EnerNOC, Inc. (ENOC), Echelon Corporation (ELON) and many more.

In the following excerpt from the Alternative Energy Report, an expert analyst discusses the outlook for the sector for investors:

TWST: What is happening in China's natural gas vehicle market, and which of your companies could benefit from growth in China?

Mr. Molchanov: Investors in the United States are probably familiar with the fact that North American gas prices are about as cheap as they've been in the past decade, and of course that creates opportunities for natural gas fuels to become more mainstream in the domestic market.

What investors may be less familiar with is that the trend of natural gas fuels adoption has been progressing much more rapidly outside of North America. So even though the price of natural gas is more expensive in China, in India and certainly in Europe than it is in North America, governments have been much more supportive of developing the natural gas fuels market, and industry adoption has generally been more rapid.

Here is one very specific example for you. In 2013, China plans to build more natural gas fuel stations in one year than the United States has built in its entire history. And in China, who is building these stations? Well, it is the state-controlled energy companies such as PetroChina (PTR).

The government is mainly responsible for this big push, which as far as Washington goes, has not materialized. So there is tremendous opportunity for natural gas fuels in the Chinese market, and I think the growth curve there is likely to continue to be much more rapid than it has been in the U.S.

Chart Industries (GTLS) is a great play on this theme, because one of Chart's core products is equipment for natural gas fuel stations. Chart as a whole has a wide range of products for a wide range of different gas-related end markets, not all of which...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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