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Strategies & Market Trends : Natural Resource Stocks

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To: the longhorn who wrote (96063)11/19/2019 8:46:47 AM
From: E_K_S2 Recommendations

Recommended By
DinoNavarre
isopatch

  Read Replies (3) of 108865
 
You are so correct. Here in San Jose CA, no new residential new construction is allowed to have NG pipes installed. We are having Black Outs on the grid from PG&E shutting down power due to high winds impacting their power lines causing wild fires (huge liability for the company).

There are several solutions, put power lines under ground (takes time and expensive) and/or implement solar (they do this in spades in CA but not efficient especially if grid is shut down) and/or look at decentralized NG fuel cells to power residential/company properties (REDEX has a 15KW home unit 6'x6'x6' footprint).

The NG fuel cell is ready and now working. People's Gas of Pittsburgh (a subsidiary of WEC) is working w/ WATT installing their NG fuel cell to power residential homes. The next generation NG fuel cells are really efficient too. Install is cheaper than a similar solar set up w/ battery back up. That Redex system costs around $20K and in vol is cheaper and excess power can be sold back to the grid.

The political pundits do not see the NG solution. These NG fuel cells also reduce the carbon footprint and are much cleaner than buring coal (still used in many power systems).

Here in Silicon Valley these Power outages are getting the attention of companies and customers. Another outage may/could hit Wednesday. Some are installing the gas generators now and could be installing the NG fuel cell for a bit more AND be part of the total solution.

FWIW, I am looking to invest in WEC as a play on this NG fuel cell theme as currently there is no other 'pure' play (other than Bloom Energy- 1st generation systems too expensive) until REDEX & Watt can deploy their units in volume.

Good Investing

EKS
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