Political Developments in Energy Efficiency
This article is part of a series on the WGA Energy Efficient Buildings Workshop. Governor Ritter After arriving slightly late (a gunman had been shot by state troopers outside his office the day before.) Bill Ritter kicked off the workshop with his thoughts on energy efficiency. Other than the Governator, I don't know of any other state governor in the US who understands renewable energy as well as Governor Ritter. And he's dedicated to learning more; when I attended a fundraiser early in his campaign last year, he had not yet heard about plug-in hybrids, but in a...
The WGA Energy Efficient Buildings Workshop
The WGA Energy Efficient Buildings Workshop: Overview The Western Governor's Association (WGA) held a two day workshop in Denver on July 17 and 18. Colorado's Governor Bill Ritter kicked off the workshop (with a slightly late start due to the shooting of a deranged gunman outside his office on July 16.) The workshop was a step towards achieving the WGA Clean and Diversified Energy resolution which includes a call for a 20% increase in Energy Efficiency in their states by 2020. I attended because I believe: Energy Efficiency can and will do more to meet the challenges...
ABB: Improving Transmission and Distribution Efficiency
Diamond in the Rough Alternative energy stocks are usually exciting, development stage companies with break-through technology which just might to totally transform the way we live. Unfortunately, that's a better description of a speculative lottery ticket style company than a solid investment which will provide solid, long-term capital gains. So it's always a pleasure to find a company whose products are so commonplace that we don't even notice them, even when we see them every day, and yet is involved in essential work to reduce our dependence on fossil fuels. I took this picture in...
Will We Have Too Much Generation for Renewables?
Too Many Brownies Before Dinner "When you feed your kid six brownies before dinner, you can't expect him to eat the salad, no matter how good it is." So says Leslie Glustrom, a long term renewable energy advocate. This is her metaphor for why Xcel Energy (NYSE: XEL) has been reluctant to pursue Demand Side Management (DSM) and renewable energy projects in Colorado as they have been in Minnesota. Because Xcel is currently constructing 500 MW of new coal-fired generation, and they are also interested in a 300-350 MW IGCC plant by 2013, they may have little demand for...
What’s In Store For The Grid
One the biggest problems facing North American power markets is the age of, and lack of investment in, power grids. Over the next few years, we can likely expect some major investments going into refurbishing and expanding North American electricity distribution networks. As an alternative energy investor, you probably want to have the grid issue on your radar. The reason is that as new money pours into this sector, certain firms with interesting technologies to make the grid more efficient could see some substantial upside. The DOE announced, two days ago, that it had awarded funding for...
Smart Metering: A Smart Investment in Energy Efficiency
Information Empowers Browsing AltEnergyStocks new CleanTech News page (I find it a good way to discover quality stories I wouldn't have come across otherwise) I came across one of the best articles I've seen yet on Smart Metering. Smart metering is one of the biggest win-wins available when it comes to reducing our carbon footprint by providing real time feedback on our electricity use. It allows us to see how we are wasting electricity and choose to take action. When Woodstock Hydo's customers were given this information (without any other encouragement to save electricity), their average usage fell by...
LED Stocks Get Some Respect
Cree's Wild Ride On May 21, I noticed a big up-move in Cree, Inc. (CREE), a company I've been adding to most of my managed portfolios for the last year, at prices averaging around $18. Checking recent news stories, I noted two articles on TheStreet.com which had recommended it over the weekend (as a beaten down stock and chart of the day.) It turns out this was just the beginning of a feeding frenzy among the media which has gone on for the last couple weeks, bringing a lot of attention to what I call "the next compact fluorescent:"...
EnerNOC: Demand Response IPO
Lunch with an Efficiency Expert Yesterday, I had lunch with Howard Geller, Ph.D., one of our nation's leading experts in energy efficiency and energy policy. Howard is the director of the Southwest Energy Efficiency Project (SWEEP), former Executive Director of ACEEE, and has a Doctorate in Energy Policy from the University of Sao Paulo in Brazil. My first question for industry experts is which companies are doing good things in their feilds, and I was especially interested in Howard's answers because energy efficiency is so much more difficult to pin down than most other types of...
Power Efficiency Corporation Announces Successful Tests at Boyd Gaming Corporation’s Sam’s Town Las Vegas
Power Efficiency Corporation (PEFF) announced that it completed successful tests on two escalators at the Sam's Town Las Vegas, one of the flagship properties of Boyd Gaming Corporation. These test show a 36% decrease in energy consumption for the electric motors. The results of these tests reinforce the drastic power cost reductions possible with Power Efficiency's products in commercial and industrial facilities. Equipment powered by electric motors that operate at constant speed, but have a variable load, are excellent candidates for energy savings with the Company's technology. This includes not only escalators and elevators, but also many types...
Distributed Energy Systems to Add $3.4 Million Cogeneration Power System to Transamerica Pyramid Building
Distributed Energy Systems Corp (DESC) has been awarded a $3.4 million contract by AEGON USA Realty Advisors. Under the agreement, they will install and commission a 1.1 megawatt (MW) combined heat and power (CHP) system for the landmark Transamerica Pyramid at 600 Montgomery Street in San Francisco, California. The 48-story building, managed by Lowe Enterprises, is known as the "Pyramid," and is located in the heart of San Francisco's financial district.
Cree Survey at Light+Building Indicates Expected Rapid LED Adoption for Lighting
Cree, Inc. (CREE) announced the results of a new survey on the adoption, deployment and overall benefits of LED lighting. Conducted for Cree this week at Light+Building 2006 in Frankfurt, Germany. The survey revealed extraordinary optimism among lighting industry executives, architects, designers, engineers and other decision-makers regarding the growth of the LED lighting market. Out of 123 trade show participants polled, 50 percent of respondents stated they have seen a 20 percent to 60 percent growth rate for LED lighting applications in their businesses over just the past six months. Looking forward, 50 percent of those polled...
Lighting Science Group Introduces R30 Led Floodlights with Breakthrough Performance in Energy Efficiency and...
Lighting Science Group Corp. (LSGP.OB) unveiled an LED R30 floodlight which provides the equivalent light output of a 65 watt incandescent floodlight but uses up to 80% less energy over a lifetime that is up to 50 times longer. The new floodlight, powered by Optimized Digital Lighting(TM) (ODL(TM)) technology, is designed for use both indoors and outdoors, in recessed cans and other applications that require a standard screw base socket. The R30 floodlight is one of the most widely used bulbs today, typically found in large quantities in commercial, industrial, retail, educational and hospitality facilities.
U.S. Air Force to Purchase Initial Cyberlux LED Systems
Cyberlux Corp. (CYBL.OB) announced that the Company has completed the contract requirements associated with the advanced solid-state LED security lighting system developed by Cyberlux for the United States Air Force. Based on the demonstration results of the Portable Covert Illumination System, the Air Mobility Battlelab completed the project briefing with A7 Air Mobility Command senior leadership and successfully transitioned the Watchdog System from field trials to procurement. Cyberlux estimates that the USAF demand will exceed $1M initially and the demand from other military branches to exceed $5M for adapted versions of the BrightEye and Watchdog Systems.
Cyberlux Awarded U.S. Government Contract for LED Solid-State Lighting
Cyberlux Corp. (CYBL.OB) announced that the Company has been awarded a United States government contract for energy saving lighting products through the General Services Administration (GSA) Federal Supply Schedule. Under the terms of the Federal Supply Schedule contract, Cyberlux can now sell its solid-state light-emitting diode (LED) Aeon task and accent lighting products as a primary contractor to any U.S. Government purchasing organization. The GSA estimates $1 million in purchasing activity for Cyberlux in the energy savings task and accent category, based on prior contractor sales reporting. The contract period is March 2006 through March 2011.
Lighting Science Group Announces First Purchase Order for Lighting Science’s Low Bay Lights for...
Lighting Science Group Corp. (LSGP.OB) announced an order for 1,000 of Lighting Science's Optimized Digital Lighting(TM) (ODL(TM)) Low Bay lighting fixtures from Amtech Lighting Services, an ABM Industries Incorporated subsidiary, which is one of the nation's largest lighting management companies. Lighting Science expects to begin shipping the products during the second quarter for installation in select garages operated by AMPCO System Parking, another ABM subsidiary, and in AMPCO client garages. The nation's estimated 40,000 garage facilities provide an excellent platform for Lighting Science to launch their low bay fixtures given the high cost of electricity and the demand...
Lighting Science Group Enters into Distribution Agreement for Its Low Bay Lights in Asia,...
Lighting Science Group Corp. (LSGP.OB) announced that it entered into an agreement with OptiLED Holdings Co. Ltd. ("OptiLED(TM)") for distribution of Lighting Science's Optimized Digital Lighting(TM) (ODL(TM)) Low Bay fixtures in the People's Republic of China (including the Hong Kong and Macau special administrative regions), Taiwan, Japan, Korea, Australia, and New Zealand. The terms of the agreement include payment by OptiLED to Lighting Science of a royalty fee per unit sold within the countries covered by the agreement. The Low Bay LED fixtures replace a wide range of older, inefficient lighting technologies in many types of commercial, industrial, educational,...