5 bull signals and a test of a rising 50? What's not to like?
Capstone Turbine ``Part of the Solution'' to California Energy Crisis
MONDAY, JANUARY 8, 2001 8:55:00 AM EST
CHATSWORTH, Calif., Jan 8, 2001 (BUSINESS WIRE) -- Capstone Turbine Corp. (www.microturbine.com) CPST plans to increase awareness of its microturbine power systems "as an immediate part of the solution" to the escalating power crisis in California.
Capstone's clean-burning, refrigerator-sized power plants can help utilities reduce dependence on skyrocketing spot-market electricity while helping businesses "keep the lights on" during brownouts or rolling blackouts.
"Distributed generation systems like the Capstone MicroTurbine are supplements to centralized power plants and the electric grid. Generating power onsite enables businesses to improve power reliability as well as reduce reliance on expensive peak power," said Dr. Ake Almgren, president & CEO of Capstone Turbine.
"To the beleaguered utility grid, turning on a Capstone MicroTurbine is essentially the same as turning off load. For a nursing home, hotel, factory or any other business, the difference can be significant: to have power or not to have power.
"Distributed generation can help resolve bottlenecks in the electric distribution system. Wide-scale distributed generation can help keep California's businesses and economy up and running as well as reduce costs to all parties," Almgren said.
As part of its plan to increase public awareness of its microturbine systems, Capstone will debut a new advertising campaign in the Jan. 29 California issue of BusinessWeek magazine. A preview of the ad is online at www.microturbine.com/Y2k1.pdf. |
