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Patrick Young

 
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  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    ZBB at 11:20 wammo
    Sep 30 11:24 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    iindelco> I think you're right. Axion would be a supplier to the company in negotiations if they have a shot at all.
    Sep 30 09:28 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    HECO

    http://bit.ly/1nEGQ1M

    HECO negotiating with three finalists. All three will be awarded some part of the contract. No word yet on who the short-list is, but given the description, Axion may or may not be one of them.

    “Each finalist is an internationally recognized company with over a decade of energy storage experience including working with electric utilities,” said Colton Ching, vice president for Energy Delivery for HECO, a subsidiary of Hawaiian Electric Industries Inc. (NYSE: HE). “All three are proposing battery storage. We hope to sign contracts with all three that offer the best value for Oahu electric customers.”

    Axion does have international projects (BMW).
    Axion does have a decade of experience (2004).
    Axion has already worked with a utility (Viridity and PJM).

    Unfortunately, so has East Penn.
    Sep 30 09:03 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    This is what dilution looks like: http://bloom.bg/1romwm7

    For everyone except Bill Gates that is...

    Because he keeps ponying up the cash that is diluting the previous cash he ponied.
    Sep 29 06:10 PM | 3 Likes Like |Link to Comment
  • Grid-Scale Energy Storage; Why Working Capacity And Cycle Duration Matter [View article]
    This is old news. I consider Donald Sadoway a crook. His first version was a magnesium-antimony battery. The new one includes nickel. He claimed it was a "dirt cheap" battery made from "dirt". Magnesium, antimony, and nickel are anything but cheap, and adequate supply is a concern in all cases.

    Also, 70% round trip efficiency in a chemical battery is pretty "dirt poor".
    Sep 29 04:32 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    The bottom line is that the system is so leveraged now that the US Dollar (Fed) can no longer print money to shore up shocks to the system (such as a China housing bubble bursting). Once this happens, unless you have a lot of faith in the Europeans (Euro/USD), which I don't, the best currency to hold is Gold (yes, gold is money).

    Rising interest rates make US default MORE likely, not less. We can't finance our debt if interest rates rise much more and the only way for the FED to "exit" is to sell treasuries, which will cause a flight away from dollar to something else.
    Sep 29 12:19 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    This is also why (URA) is one of my favorite plays right now, as well as physical bullion - gold/silver or both.
    Sep 29 11:12 AM | 2 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    JamesBBecker> Axion PbC batteries were never intended to provide long-term power. I agree with the posted article that the vast majority of baseload power will come from MSR's, which will be more economical and certainly more environmentally friendly than coal. But that's still 10-20 years out.

    Now and in the future, the question is - will the cost of wind and solar be less than oil and gas to make up the difference between peak demand and supply? I believe they will. Unlike Germany, the United States has very good wind and solar resources. Their "goodness" will only improve as the price of oil and gas in dollar terms rises. The rise in the price of the oil and gas will be driven not so much by a lack of supply of oil and gas, but rather a collapse in the value of the dollar.

    Even if the USA has lots of oil and gas, because Americans won't be able to afford it in dollar terms, we will fund our welfare economy by exporting it, and run our own air conditioners using the cheaper (in dollar terms) wind and solar resources we have in the midwest and southwest.
    Sep 29 10:59 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    @dastar> I found it:
    http://seekingalpha.co...

    Amouna is mistaken.

    The ESNA Innovation Awards will be announced October 1. Axion is not one of the finalists.

    HECO could be tomorrow or next year. Who knows.
    Sep 28 01:44 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Nice find iindelco> More importantly: "The battery system will bridge the gap during power outages between the time a unit goes offline and the time backup generators are activated.

    “However, It is not meant to replace the generator, it is only meant to bridge the power interruption that occurs between a unit going offline and a unit going online,”"

    Sounds like a 30 minute system to me.
    Sep 28 01:26 PM | 7 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Also, the ESNA 2014 conference kicks off this Tuesday, September 30 in San Jose, California.

    Government employees and university students can attend for only $290.

    Axion doesn't have a booth, but I don't think booths are very effective anyways.

    More importantly, on Thursday, October 2, following a talk by Tim Derrick, General Manager of Sunedison on behind-the-meter solar+storage, and a talk by Mike Rowand, Director for technology development at Duke Energy, on micro-grid resiliency,

    Vani Dantam - Senior Vice President of Axion Power

    will be sitting on a discussion panel in the same ballroom as the talks (220B) for one hour with:

    Jaques Poulin - Product Manager of ABB Energy Storage and Rail Transportation

    Stacey Reineccius - CEO of Powertree Services

    H.G. Chissell - Senior Vice President of Viridity Energy

    There is also a keynote presentation with the top brass from Hawaiian Electric that morning.

    I note that Axion is the only small, pure-play battery company included in any of the discussion panels on any day. Aquion, STEM, and Ice Energy have panelists during a "lunch break" the previous day.

    Seems Axion is being given quite an honor there.

    The rest of the keynotes and conference panelists are the who's who of the customer and integrator end of the business.

    http://bit.ly/1pzQmgJ
    Sep 28 01:13 PM | 13 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    JohnM121> your comment belies how badly you've been beaten. Axionistas continue to hope for scraps from the table, when we deserve the whole enchilada. If Hawaii electric determines that PbC is a worthwhile technology, I suspect they will award Axion no less than 50 MW worth of the RFP.
    Sep 28 12:34 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Can you post the link? It was supposed to be Aug 29, but that didn't happen.
    Sep 28 11:36 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 369 Sep. 28 '14: BOD Approves 50:1 Rev. Split; EPower & Axion Present At The Battery Show; 10-Q For Q1 2014; S-1 For $15MM Share Issuance [View instapost]
    Please elaborate dastar. Is that a wild guess or based on information?
    Sep 28 10:19 AM | 2 Likes Like |Link to Comment
  • GLD - Why Gold Has No Footing [View article]
    What money? It's 90% leveraged. Those with the leverage are "painting the tape", and not just at the close. Why? Because as long as interest rates stay low, they can make free money from the rest of us who have to work for a living.
    Sep 28 08:28 AM | 1 Like Like |Link to Comment
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