While alternative energy proposals are on the drawing boards, Echelon is addressing energy conservation today. Here is some interesting information from their website:
As the cost of energy continues to rise, businesses are turning to Echelon’s control technology to protect their bottom line — and show their commitment to the environment.
Our products make energy conservation painless. For example, the Balanced Office Building [BOB] in Aachen, Germany, slashed its energy costs by installing an integrated HVAC and lighting system based on LonWorks technology. BOB is now one of Germany’s most energy-efficient buildings, with HVAC and lighting costs 80% lower than those found in similar buildings.
Our technology is starting to save energy in other markets as well. For example, Oslo, Norway, which uses LonWorks technology to manage and control its streetlighting system, has reduced its energy use by 62% while also improving lighting quality and lowering maintenance costs.
Germany, Norway - their customers are all over the globe including China. Currently the hottest stocks in the market are ones with global reach. This little jewel is slowly being recognized - Look Beyond the Stars For Tech Discoveries.
Here are a half-dozen tech innovators–new and old, famous and unfamiliar–whose stocks merit a look, experts say:
– Echelon Corp., whose hardware and software sends information over power lines, could make meter reading obsolete by providing accurate time-of-day billing. That improves efficiency and saves energy, Landis said.
Unfortunately, I only recently discovered ELON as mentioned here. Until this past February, it had been stuck in a trading range for nearly a year and a half. Since then it has been straight up including a nice 9.8% pop on Friday. As traders dating back to the legendary Jesse Livermore know, the tape leads the story - soon all will know what the fuss is about.