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Technology Stocks : Vanteck (vrb-cdnx, vttcf)

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To: AuBug who wrote (276)3/24/2006 12:29:27 PM
From: gg cox   of 413
 
Yes,excerpt..

"""As more and more renewable energy is generated, problems are being encountered with the variable nature of this energy. To date, in a number of areas, this has capped the amount of renewable energy sources that can be added to the grid. It has also lead to electricity supplied from renewable sources being heavily discounted and excess capacity generated at "off peak" times being largely wasted. Storage solves these issues by enabling the supply of "firm" capacity and enabling producers of renewable energy to "inventory" electricity thereby allowing for the optimal matching of supply and demand.

"Combine these opportunities with the environmental concerns over lead acid batteries being used in traditional UPS and back-up power applications in markets such as telecommunications and we believe that the timing is right to raise the awareness of our products and the profile of the Company in Europe.""

Not only environmental concerns with lead acids, but total life cycle and cost of replacement, of lead acids.
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