67 WALL STREET, New York - August 23, 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: SunVault Energy, Inc. (SVLT) and many more.
In the following excerpt from the Alternative Energy Report, the CEO of SunVault Energy, Inc. (SVLT) discusses company strategy and the outlook for this vital industry:
TWST: What is the competitive landscape like for your business, and what are some of the chief competitive advantages you believe you have?
Mr. Crawford: Honestly, there couldn't be a tougher, more established yet more lucrative market than the global electricity market. Some estimate this market to be greater than $4 trillion annually, when you look at it on a global basis and at the system level. If the estimate is accurate, a 1% market share represents $40 billion year on year. SunVault's technology and commercialization road map has been methodically designed to seamlessly integrate with existing old-world, capital-intensive electric utility infrastructures while transforming it with attributes that only renewables can offer.
It is SunVault's opinion that today, renewable integration occurs largely at the expense of the electric utility. What I mean by that is, when the sun doesn't shine or the wind doesn't blow, the utility is forced to supplement the power grid with massive capital in the form of gas-fired peaker turbines. If that forced, governmentally mandated capital and operating investment wasn't enough, the utility is then also taxed on those capital assets that they were forced to purchase, all in an attempt to facilitate renewable energy adoption ultimately paid for by the consumer. I vividly understand any new emerging market requires assistance to get its feet on the ground, but at the end of the day this unbalanced, uneconomical approach is neither sustainable nor healthy in a free market economy.
As noted prior, SunVault's technology portfolio allows the solution to be viewed from an entirely different perspective. Take the SunVault Energy Appliance, for instance; it can be utilized as a distributed asset. The appliance's combined energy generation and storage capability has the potential to eliminate utility need for what is frequently referred to as gas-fired peaker turbines, when the SunVault Appliance is aggregated on a mass scale.
Here is a quick example. At the appliance owner's consent, utilities would have the opportunity to install the SunVault Appliances at consumer's homes and businesses. In exchange for this opportunity, the utility could divert excess power the consumer was not using to the grid during periods of peak demand. This is just one example of how the appliance model could be integrated into existing infrastructure. However, consumers may choose to purchase the SunVault Appliance and free themselves entirely from grid intervention.
The point I want to leave you with is...
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.
- Utility Industry
- Alternative Energy
- Solar Energy