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  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    ;-0
    27 Oct 2012, 05:21 PM Reply Like
  • Bylo-
    , contributor
    Comments (398) | Send Message
     
    I'll be dammed!!!! A close second!
    27 Oct 2012, 05:31 PM Reply Like
  • mrholty
    , contributor
    Comments (925) | Send Message
     
    Third.
    27 Oct 2012, 11:00 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    My latest should be up later today – a report card on how that $1.5 billion in battery grants worked out.
    28 Oct 2012, 01:29 AM Reply Like
  • dastar
    , contributor
    Comments (251) | Send Message
     
    I look forward to this as a friend inquired yesterday about Tesla and how they receive federal money. Your article will be a superior follow up to my email response, no doubt.
    28 Oct 2012, 09:30 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Tesla got an ATVM loan, not an ARRA grant. The grants went to ten companies to build battery manufacturing facilities. My new article puts 97.5% of the money in the Disappointment and Failure categories with a whopping 2.5% in the Acceptable category.
    28 Oct 2012, 09:48 AM Reply Like
  • dastar
    , contributor
    Comments (251) | Send Message
     
    I look forward to reading it!
    28 Oct 2012, 09:51 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I'm surprised that it's not up yet. We may have to wait till tomorrow.
    28 Oct 2012, 09:55 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    For a while, that might just be the last article I'll have a chance to read!

     

    Yeah, this unprecendented storm's coming right at me, expecting 10 inches of rain, possibly gusts to 80 MPH, but I just heard that Lake Michigan is going to have 25 foot waves. Thatsa fer piece from here.

     

    What a monster this storm is.
    28 Oct 2012, 10:31 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I keep reading about Sandy and she does seem likely to turn into a bit of a bitch. Since timing is everything and you seem to be up against it, I've sent you a sneak peek by e-mail.
    28 Oct 2012, 10:40 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    Maya: xxx <<--- fingers crossed for you!

     

    HardToLove
    28 Oct 2012, 12:24 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Read them, John. Nice...terrible...report card.

     

    Thanks for the preview!

     

    ####

     

    Also thanks for the well-wishes, all. Great excuse...I already cooked up about two pounds of bacon.

     

    I've never prepared for a storm such as I have for this one. Never before have I brought inside my smoker, and all the wrought iron patio furniture. Kitchen developing a nice woodsy smell.

     

    Stashed all I could for my next door neighbor, who I may never see again, as she's in a rehab center. Other neighbor I hauled inside all of her glass table tops, other stuff, too.

     

    Fireplace ready to go.

     

    I used to think where I live is one of the safest places in the country to reside. No tornadoes, no floods where I live, hurricanes always die out, no mudslides, no forest fires, no earthquakes.

     

    Well, we had an earthquake last year, a tornado not long ago touched down not far away, and here comes a big blow.

     

    Going to be an interesting week. Hoping it amounts to nothing more than an inconvenience. Raining now in Philly, and the winds are just starting to gust.
    28 Oct 2012, 02:55 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I lived through a couple hurricanes in Houston, which is also about 60 miles inland from the coast. Both times, after days of diligent preparation I found myself humming a merry little Peggy Lee ditty for weeks

     

    – http://bit.ly/WTmX85

     

    I hope your adventures are every bit as boring as mine were.
    28 Oct 2012, 03:07 PM Reply Like
  • LabTech
    , contributor
    Comments (1767) | Send Message
     
    Good luck Maya. We got by with only minimum damage along NC's coast, but it looks like you all are going to really get sandwiched between Sandy and the other storms. My in-laws are in Southern Maryland along the coast. Luckily their condo is on the second floor, but my father-in-law will be riding it out in the harbor area keeping an eye on his company's tugboats. Not fun!
    29 Oct 2012, 11:10 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Seems you can get access to DOT webcams in different areas of the US. Here's one for Philadelphia PA. Click on the various icons and you can get shots that continuously refresh.

     

    http://bit.ly/S8uOZv
    29 Oct 2012, 11:35 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    iindelco: Thanks! I favorited that site. Fun to look at "my" exit off of Rt. 202. Incredible that class 8 semis are still on the highway, heading EAST toward Philly.

     

    Lab: This NBC storm tracker has the eye of Sandy pivoting to the north, just when it's over my roof. Big debate about how strong the winds are going to be. This map has wind speeds at 58 MPH when it turns north. Elsewhere, I've read up to 85 MPH expected locally. Probably only going to have power for a few more hours.

     

    It's not so bad right now; only occasionally can I hear the trees get into a roar. Yesterday, I set my barometer at 29.82. Right now it's showing 28.81.

     

    A day watching Stephanie Abrams I can take!

     

    Best of luck to you and yours!

     

    http://nbcnews.to/SV4ov1
    29 Oct 2012, 12:54 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Think about it Maya. It may be a sign from the gods that Sandy will hit an inflection point at your house and then promptly take a sharp turn to the north. The possibilities for collateral effects boggle the mind.
    29 Oct 2012, 01:42 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    JP: As long as there is no collateral damage, I good with that. I'm going to go get my Mayan Maize God-statues, dip them in some Ron Zacapa, and point them toward Sandy.

     

    Family and friends texting, emailing like crazy. Even USAA sent me an email, with a Sandy damage emergency number to call. That's almost frightening!

     

    Here's an amazing Live Wind Map for all of the US. Very cool:

     

    http://bit.ly/VYU5Mk
    29 Oct 2012, 02:00 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    While you're dipping your Maize God statues, be sure to ask them for a double inflection to the north – one for Sandy and a second for Axion.
    29 Oct 2012, 02:10 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    They already told me that they hate ethanol, and love Axion Power. Also told me to save the Zacapa for day three without power.

     

    Just got a text from my sister in Columbus, Ohio, that gusts out there are already increasing. She also wrote that the New Jersey coast will need to be remapped following this storm. Yikes!
    29 Oct 2012, 02:19 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Just remember Peggy Lee. – http://bit.ly/VZ0CXl
    29 Oct 2012, 02:32 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Great one, JP.

     

    Mayan Maize Gods work fast. Latest update is for the eye of the storm to slip south of here. Now targeting Newark, DE. Still going to have winds exceeding 74 MPH here.
    29 Oct 2012, 02:48 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Did you remember to get a big kite with a really strong string?
    29 Oct 2012, 02:50 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (708) | Send Message
     
    The strongest winds in a hurricane are 90 degrees to the line of travel.
    29 Oct 2012, 02:59 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Being blown off course?

     

    Oddly, the crazy Canadian robins have arrived today in a drove. Earliest ever! Attacking my American holly tree berries.
    29 Oct 2012, 03:29 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Especially to the north side of this storm.
    29 Oct 2012, 03:29 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    The robbins obviously don't watch the Weather Channel.
    29 Oct 2012, 03:48 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Why should they? They only had to flap their wings three or four times to get here. Discovered some of them are using my roofed over front porch as sanctuary between quick darts out to the holly.

     

    Probably going to have bird crap all over the place.

     

    Barometer now at 28.44. Plunging fast. When did they stop using barometers? I missed that. Winds now intensifying,

     

    Hoping close trees only stay close.
    29 Oct 2012, 04:29 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (708) | Send Message
     
    Maya,

     

    We here in Bermuda experience hurricanes almost every year.

     

    When one hits we do our best to slightly open a window or two on the lee side (i.e. if its mainly hitting the east side of the house slightly open a window on the west side) in order to reduce the pressure inside the house. This to avoid the roof lifting.
    If the house is all closed up air will still infiltrate and the pressure inside will increase. Too much pressure may blow out windows but normally the roof goes first.

     

    As the storm moves by you may well find the wind comes from a different direction. In that case close the opened windows and open windows on the new lee side.

     

    Good luck.
    29 Oct 2012, 05:19 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    AB: I was just outside for a bit. Temp fluctuations today are to marvel. Far warmer now than early this afternoon. It's blustery; not too bad right now, no rain, and the radar shows it may remain dry for a good while.

     

    Storm just came ashore at Ocean City, NJ. It's a blessing the storm picked up ground speed, beating high tide.

     

    Far from being out of Dodge, yet. But chances seem to be improving during the past few hours.

     

    Barometer now reads 28.28.

     

    Thanks for the tip! It's a good one. Have had my study sliding door slightly cracked open most of the day.
    29 Oct 2012, 06:05 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (708) | Send Message
     
    Your pressure is the same as was just reported at Cape May at 5.58pm.

     

    That's good! Shouldn't get much worse for you as there doesn't seem to be much behind the centre.

     

    When you ears start popping you know you gotta relieve the pressure!

     

    I guess there will be lots of boats coming up for sale soon!
    29 Oct 2012, 06:24 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Thanks for the verification. Now down to 28.20. Dang thing only goes down to 28.00.

     

    Nice to be able to cook up some dinner. This morning, I thought I'd be eating cold and in the candlelit dark.
    29 Oct 2012, 07:22 PM Reply Like
  • SMaturin
    , contributor
    Comments (2236) | Send Message
     
    Well, Sandy just knocked my power out here in suburban Westchester county of NY. Very predictable, here in the granite hills with lots of ancient trees.

     

    Fortunately I bought a portable generator during snowpocalypse a year ago, so we still have power enough for the fridges, the pellet stove, and our electronic addictions.

     

    In recent years it has happened every few months. The last hurricane that came through, August of last year, we were without power for 5 days. Halloween snowpocalypse we went for four days, but the generator kept us toasty and camping out in the living room, unlike previous winter storms.

     

    There was a January snowstorm a couple of years ago that knocked out power for a week. We camped by the fireplace for a couple of days, cooking on a camping propane stove, but finally gave up and went to a hotel for hot showers when we could not stand it anymore.
    29 Oct 2012, 07:49 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    SMartin: Smart! Winds are really whipping here. Barometer now at 28.14.

     

    Slim chance that the full moon may come out on an hour or two. That would be fun to see...backlit clouds ripping across the nighttime sky..

     

    Ack! Power just popped off twice in a minute. But it's back on now.
    29 Oct 2012, 08:07 PM Reply Like
  • SMaturin
    , contributor
    Comments (2236) | Send Message
     
    The lights flickered all afternoon here. Then it all went off just before 7 pm. News reports earlier said 20000 homes were without power in Westchester. I'm surprised we lasted as long as we did.

     

    We battened down and checked the generator yesterday, knowing it was coming.

     

    Hope everybody else out there in the path of Sandy is safe and sound. It promises to be a nasty blow for a couple of days here, as the storm swings around and keeps NY on its skirts the whole time.
    29 Oct 2012, 08:31 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1350) | Send Message
     
    Substation reclosures are set to lock out on the 3rd hit. Once the lights have flickered twice you wait for the third. If it doesn't come then you wait for the reset (forgot how long but in seconds) and you get to start all over. If the third one comes you are down until a crew is dispatched into your area and has eyes on the problem. Just in case you guys were curious... also, if you see the crew, coffee and snacks have been know to influense which end they start on <smile>..
    29 Oct 2012, 10:01 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Tim: Great insight. Exactly what happened here.

     

    POWER IS ON!
    30 Oct 2012, 05:50 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1350) | Send Message
     
    Maya, way back when, I had another event to wait on -- a phone call from night dispatch to let me know I was the one to go out in the middle of the storm to check it out. I complained a lot for appearances but deep down I loved to be outside in the middle of a storm...
    30 Oct 2012, 10:40 PM Reply Like
  • carlosgaviria
    , contributor
    Comments (795) | Send Message
     
    Mayascribe:
    I wish that you will not have any problem.
    Have a good tieme-Carlos.

     

    The monter Sandy looks terrible. Take care.
    28 Oct 2012, 10:36 AM Reply Like
  • carlosgaviria
    , contributor
    Comments (795) | Send Message
     
    Have a question:

     

    Sandy goes over AXION New Castle, Pennsylvania or more to north?

     

    Thanks.
    28 Oct 2012, 10:47 AM Reply Like
  • SMaturin
    , contributor
    Comments (2236) | Send Message
     
    Carlos, here is a good source for the NOAA forecast maps. They look rather fearsome for most of PA.

     

    http://1.usa.gov/PZBw8j

     

    And here is the forecast in New Castle:

     

    http://1.usa.gov/S5npd9
    28 Oct 2012, 11:39 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    New Castle is north-west of Pittsburgh in far western Pennsylvania. They may get some rain and snow, but winds shouldn't be a problem. Maya will have it much worse in the Philadelphia, which is only 60 miles from the coast.
    28 Oct 2012, 12:17 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    http://wxch.nl/XFvMRF
    looks like temps staying above freezing, so all rain.

     

    Flood watch.
    28 Oct 2012, 12:42 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    Carlos, it looks like Sandy continued on a Westerly path instead of turning North near Philadelphi. Given the storm center location I last heard reported (about 50 miles from Pittsburgh) and the sheer scale of the storm, it is probably pounding Newcastle.
    30 Oct 2012, 08:21 PM Reply Like
  • JohnM121
    , contributor
    Comments (368) | Send Message
     
    North American energy has been covered here before, but this Citi Group Energy Report for March 2012 is a good read.

     

    http://bit.ly/QO30dL
    28 Oct 2012, 11:06 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1832) | Send Message
     
    Thanks for that, JohnM121. But I don't know whether to continue after the introduction.

     

    "North America is becoming the new Middle East. The only thing that can stop this is politics: environmentalists getting the upper hand over supply in the U.S., for instance; or First Nations impeding pipeline expansion in Canada; or Mexican production continuing to trip over the Mexican Constitution, impeding foreign investment or technology transfers l in North America itself."

     

    That brief section above took a list of major, serious and complex issues and just invalidated them all as 'politics'.

     

    I'm also a little skeptical about the 'reindustrialization of America' on the basis of lowest cost energy feedstocks. The middle East hasn't exactly become an industrial powerhouse despite several decades of oil production leadership.

     

    Anyway, thanks for the link.

     

    D
    28 Oct 2012, 12:08 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    "I'm also a little skeptical about the 'reindustrialization of America' on the basis of lowest cost energy feedstocks. The middle East hasn't exactly become an industrial powerhouse despite several decades of oil production leadership."

     

    Ditto that reindustrialization skepticism, D. Mc. But, a good deal of the fossil energy now recoverable through fracking, etc. is located in a region that has other advantages the Middle East lacks. One such advantage is fresh water supplies.
    28 Oct 2012, 05:38 PM Reply Like
  • JohnM121
    , contributor
    Comments (368) | Send Message
     
    I agree, with the caveat that re-industrialization by US standards would look more like agriculture, where just 3% of the population feeds much more than its own population. My take is that additional domestic energy will take much less capital out of the region. I don't know what that will affect public policy, especially since this trend got going without much government involvement.
    28 Oct 2012, 08:37 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    When you start moving hundreds of billions from export spending to domestic spending and then layer on fiscal multipliers, the impacts become enormous. Copious energy in countries that have to import everything else don't do much good. Copious energy in countries that can satisfy all or most of their non-energy requirements from domestic sources feeds industrialization to a point that offshore manufacturing loses its appeal.
    28 Oct 2012, 10:50 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    "When you start moving hundreds of billions from export spending to domestic spending and then layer on fiscal multipliers, the impacts become enormous. "

     

    In times past I would have unhesitatingly reached the same conclusion, JP. But as long as Obama is in office there is reason for skepticism as to how stimulative of employment and "re-industrialization" domestic energy resources will be.
    http://bit.ly/XVQzAu
    30 Oct 2012, 08:34 PM Reply Like
  • jpau
    , contributor
    Comments (736) | Send Message
     
    Please follow your own advice and take this to Political Quick Chat where it belongs
    30 Oct 2012, 08:47 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    "Please follow your own advice and take this to Political Quick Chat where it belongs."

     

    You suggest my comment was political. I say it was fundamental economics.
    31 Oct 2012, 12:34 PM Reply Like
  • 481086
    , contributor
    Comments (3354) | Send Message
     
    Someday we won't have Voldemort to kick around anymore... ;)
    31 Oct 2012, 12:48 PM Reply Like
  • jpau
    , contributor
    Comments (736) | Send Message
     
    You suggest my comment was political. I say it was fundamental economics.

     

    Posting comments with a link to a manifestly biased conservative blog that makes spurious claims about science is hardly fundamental economics
    31 Oct 2012, 06:13 PM Reply Like
  • Ricknplano
    , contributor
    Comments (297) | Send Message
     
    Interesting article on commercialization of a method to reduce lithium battery costs by up to 70%. Such projections are invariably optimistic but there appears to be something here and they say they are in the commercialization stage, not the development stage. They seem to have the same business model as Axion, sell the anode as a drop in replacement. I expect it will take at least twice as long as they predict, but the competitive landscape continues to evolve.
    http://bit.ly/WSZZ0K

     

    Upon re-reading the article and looking at their website, I expect they are much farther from production than they imply, at least five years even if it works as they say.
    28 Oct 2012, 11:59 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Then add three years for validation testing and another couple years for the predictable unforeseen delays and you arrive, voila, at a decade.
    28 Oct 2012, 12:11 PM Reply Like
  • BugEYE
    , contributor
    Comments (194) | Send Message
     
    “This equates to more than a 300% improvement in LIB capacity and an estimated 70% reduction in lifetime cost for batteries used in consumer electronics, EVs, and grid-scale energy storage,” said CalBattery CEO Phil Roberts.

     

    I think the reporter just ignored the fine distinction between cost and lifetime cost. 70% reduction in lifetime cost does not mean much as PbC could endure 2500 full cycles, one could safely claim PbC's lifetime cost is only one-fifth of a normal AGM battery if customers have to do that many deep cycles.
    28 Oct 2012, 10:28 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Not sure if there's more than one position available, or they're having a hard time filling the position(s) at the new Rail Transporation "department?" at Penn State Altoona

     

    Starts Fall 2013.

     

    http://bit.ly/S2ecU3
    28 Oct 2012, 12:49 PM Reply Like
  • gottliep
    , contributor
    Comments (40) | Send Message
     
    WTB, as always good find!!!

     

    For academia, now having grant approved would allow them to post position. So timing for Fall, 2013 is as expected.
    28 Oct 2012, 01:12 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Short presentation in French. Has an ultrabattery and axion mention at the end ...

     

    http://bit.ly/VxaL7X
    28 Oct 2012, 03:14 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    10/26/2012: (AXPW) EOD stuff partially copied to the concentrator.
    # Trds: 50, MinTrSz: 100, MaxTrSz: 35700, Vol 214540, AvTrSz: 4291
    Min. Pr: 0.2651, Max Pr: 0.2905, VW Avg. Tr. Pr: 0.2807
    # Buys, Shares: 27 75200, VW Avg Buy Pr: 0.2804
    # Sells, Shares: 23 139340, VW Avg Sell Pr: 0.2809
    # Unkn, Shares: 0 0, VW Avg Unk. Pr: 0.0000
    Buy:Sell 1:1.85 (35.1 “buys”), DlyShts 21142 (9.85%)

     

    Starting first with traditional TA stuff, all the oscillators I follow continue to weaken except the stochastic, which is trying to curl up. The readings though are mostly only at a neutral area and there's nothing in play I can see that suggests any strength towards the upside is developing. Our closing price is pretty much centered in the descending trading channel we reentered on 10/17. The range appears to be $0.25-$0.31 and we closed at $0.28.

     

    There is a barely rising trend line, very short-term, that might offer support at the $0.255 area if we should move that direction. It is as yet untested, having only the low of 10/1 as its origin and only one touch at the low of 10/22, $0.255.

     

    Our latest candlestick is a black candlestick that is not part of a pattern I can discern, giving no hints to direction – it's followed by pattern continuation 52% of the time, more or less random.

     

    I had mentioned in days past that if price didn't pull away from my experimental lower Bollinger, we would likely move down. We didn't and we did, after unsuccessfully trying to support the weak pull-away of Thursday.

     

    Right now, since price has weakened, it appears that the 50-day SMA (~$0.3021) has gone from flat to starting to weaken again. Prices exiting the back end of the calculation period are right around the $0.30 range and if we stay in this area below $0.30 the 50-day will continue to weaken.

     

    Trying to find some positives ...

     

    I see a potential short-term rising support that we can construct using the lows of 10/22, $0.255, and 10/26, $0.2651. To build any forecasts on that at this time, before any more days can be seen that might include higher lows, would be premature though.

     

    The price pattern and volume behavior does remind somewhat of last time we were coming into earnings reporting in August, after which we saw a nice move up from lows of $0.28 to highs of $0.33. Considering non-TA stuff, if the revenues continue to show improvement YoY, as they did last time, and we get any positive news from the reporting and CC, we could expect price to again show strong recovery.

     

    Mayascribe had suggested that we might be seeing the end of an Elliot Wave Theory fifth wave down. If his assessment is correct, this could be significant as, possibly after some consolidation (“extension” in EWT?), we should see motive waves up begin, wave one in this case.

     

    Moving now to my experimental charts ...

     

    It looks like average trade sizes are continuing to shed volatility, after I was concerned that it might be entering a trend to go lower. The 10, 25, 50 and 100-day averages are 6788, 6609, 6464 and 6494 respectively. The buy:sell seems to be also vacillating around the “center” with “buy” averages of 51%, 49%, 51%, and 54% respectively for the same periods. Daily short sales, after a brief divergence from trend the first week of October, has returned to having highs and lows gravitating towards the averages, These trends are most easily seen on the charts.

     

    What can we say about price? It stinks and grows stinkier. Continuing to look for positive signs ...

     

    10/1 and 10/2 were at the end of our 18 days below $0.30. 10/1 had a VWAP of $0.2596. It appears that we may have exhausted available sellers at those low prices because 10/2 was much improved and the trades in the $0.26xx range that day and Friday, 10/26, had some strong similarities. Both were very few shares (6K or 2.8% of volume 10/26 vs. 10/2's ~24.4K or ~4.1% of volume). From this, it seems that we have good support at the $0.27 area now as both times we saw trading come right back into the $0.27xx+ and higher area. This can be seen by checking the VWAPs for those days - $0.2807 on 215K for 10/26 and $0.2873 on 598K for 10/2.

     

    My experimental inflection point calculations are showing no relief in sight yet. A couple of the periods had been trying to move up but, as I said a few days ago, did not get support from the other periods and the best I could offer was “keep an eye open”. That's unchanged as only some possibilities are being suggested at the moment.

     

    The rest of the inflection points discussion and “Dly Sht % of 'sells'” stuff is omitted from the concentrator.

     

    HardToLove
    28 Oct 2012, 04:55 PM Reply Like
  • gottliep
    , contributor
    Comments (40) | Send Message
     
    OT, but pretty interesting.

     

    http://nyti.ms/QP2kEZ

     

    I.B.M. scientists are reporting progress in a chip making technology that is likely to ensure the shrinking of the size of the basic digital switch at the heart of modern microchips for more than another decade.
    28 Oct 2012, 10:34 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Interesting review of BMW's 328i start stop system

     

    http://bit.ly/VxNsuJ

     

    http://bit.ly/UXtQ7B
    29 Oct 2012, 12:09 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I think the relatively litigious American consumer will force faster change than European consumers who live in 'loser pays' societies.
    29 Oct 2012, 12:35 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    "On the other hand, it doesn't hurt that it's a standard feature, not a cost option."

     

    Bull. He's rationalizing it like it's not a cost adder IMO. We know he's paying more and it should work better than it does. As we've seen with the reprogramming announcement the US consumer will be less forgiving. I'm with John on this.
    29 Oct 2012, 06:16 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    Storm closes markets today.

     

    Equity and Options Markets closed today, 10/29, due to the storm. Fixed income markets to close at 12:00 PM ET.

     

    HardToLove
    29 Oct 2012, 04:56 AM Reply Like
  • Jon Springer
    , contributor
    Comments (4156) | Send Message
     
    I expect Axion's share price to retain value today. However, there could be a watershed moment...
    29 Oct 2012, 05:27 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    However, it's unlikely the paint will dry any at all today.

     

    HardToLove
    29 Oct 2012, 05:30 AM Reply Like
  • jpau
    , contributor
    Comments (736) | Send Message
     
    There's going to be a deluge of these jokes, I fear...
    29 Oct 2012, 06:51 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Question for the people that visited the carbon anode facility. Was the carbon milling and sintering process moved to a below grade room in the facility? I do not want to hear a report from TG that the process remained there an was flooded. I'd be pissed.
    29 Oct 2012, 06:31 AM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (708) | Send Message
     
    A quick check shows New Castle at an elevation of 1070ft.

     

    There appears to be a river to the south of the town.

     

    I believe that the area is hilly.

     

    Local drainage however could be a problem.
    29 Oct 2012, 06:58 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Thanks Albert.

     

    Hard to get a feel for the local drainage aspect without talking with the people that have lived there for some time or the city maintenance folks. I was having the same conversation with my youngest who is in Manassas VA. He's in a second floor apartment but we were trying to decide where to position his vehicle. Latest forecasts for his area indicate it might not be as much an issue but you still don't know how things drain over the short and medium terms. Obviously, most places can't afford to design for these types of events even if they had the topography to do so.

     

    And since they mention VA.

     

    http://bit.ly/VyoIT2
    29 Oct 2012, 07:14 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Start stop. If it was easy anybody could do it.

     

    BMW recalls cars over transmission control problem

     

    "German automaker BMW is recalling some of its 7-Series luxury cars due to reports of transmission control problems that can cause parked vehicles to roll away.

     

    The National Highway Traffic Safety Administration says the problem has caused at least 14 crashes and possibly 5 injuries. It involves cars made between 2005 and 2008 that have push-button start and electronic transmission controls.

     

    Federal safety officials say the system may leave a parked car's transmission in neutral if the driver presses the engine's start-stop button two or three times in a short span. The cars can then roll away unexpectedly and crash."

     

    http://bit.ly/VXLDwM
    29 Oct 2012, 08:48 AM Reply Like
  • SMaturin
    , contributor
    Comments (2236) | Send Message
     
    "Start stop. If it was easy anybody could do it."

     

    Is that a veiled caveman joke?
    29 Oct 2012, 10:07 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    SMaturin, I obviously like that phrase. But no, not this time unless it was unintended! lol
    29 Oct 2012, 10:22 AM Reply Like
  • dastar
    , contributor
    Comments (251) | Send Message
     
    I thought maybe it was aimed at Metro....
    29 Oct 2012, 10:27 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    iindelco -

     

    I think the push button start is different than an actual start/stop vehicle.
    29 Oct 2012, 09:09 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Oh, Thanks Stephan, I've never been in a vehicle with that. But I've heard about it.
    29 Oct 2012, 09:42 AM Reply Like
  • dastar
    , contributor
    Comments (251) | Send Message
     
    Yeah, it's easy enough to get the two confused.
    29 Oct 2012, 09:58 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    It's a slippery slope, but we know where this is leading to ...

     

    talking to your car, car talking back ...

     

    http://bit.ly/KWq8m8

     

    and ...

     

    http://bit.ly/VY5RXm
    29 Oct 2012, 10:20 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    WTB, During the early 80's I did a dip stick test stand for Chrysler. They were going to put a sensor on the end of their oil dip sticks that would let them know if the oil was low. It was for the new emerging cars that would talk to you. It was canceled. If I recall correctly people couldn't stand those taped messages.

     

    Shipped it just in time to watch them haul it to the scrap yard.

     

    We should get BMW to put a HAL voice on the "Battery low can't turn off the engine". We'd launch SS with them in about a week!
    29 Oct 2012, 10:30 AM Reply Like
  • Stilldazed
    , contributor
    Comments (2104) | Send Message
     
    ii,
    The Hal voice would be great. Imagine the tingle of fear when Hal says "I can't do that Dave".
    29 Oct 2012, 12:44 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Yeah, it confused me initially as well. A colleague of mine leased a new Mercedes earlier this year with a push button start ignition and I thought cool, the car has start/stop. However, upon further review, I was incorrect, it was just a button that starts the car without having to insert the key in the ignition.
    29 Oct 2012, 09:57 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Stefan, Does that work with an electronic device in proximity such as the remote start or remote keyless entry? Or, less likely, once you're in the vehicles it just works?
    29 Oct 2012, 10:20 AM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    >iindelco ... It is like RFID (keyless entry system) from card or key in proximity to car. Will it make for a market in scanner/transmitters the next big thing with car thieves? Who makes this type of device? Will schematics be available on the Internet? Is there an iPhone app for that?
    29 Oct 2012, 10:37 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Thanks DRich. Yeah, I can see your points. Lot's of talk about security with all the wireless car features. Just what you want is 50 million cars disabled on your roads all at once. And the grid as well. :(
    29 Oct 2012, 10:45 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    http://bit.ly/Ssq4At
    29 Oct 2012, 10:49 AM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    >iindelco ... I'm not sure if this applies to all makes & models, but a friend has a new Mercedes and even though it comes with a key switch, that key is useless for starting the car. It will turn on the ACC but without the wallet card he's not going anywhere.

     

    Won't it wonderful, that fine day when hackers discover that some or all cars can be attacked through a smart phone network.
    29 Oct 2012, 10:53 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    That's a good one HTL. :))
    29 Oct 2012, 10:55 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    DRich, Like when law enforcement contacts On-Star and they slow your vehicle down when advised to do so.

     

    Let's see......starting, steering, acceleration and braking are also controlled by the same CPU. But there's a fire wall so we're OK.
    29 Oct 2012, 11:08 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    iindelco -

     

    Here is a description from another Plaintiffs' firm

     

    http://bit.ly/TqiVRR
    29 Oct 2012, 11:49 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Thanks Stefan, I was thinking about some of the enhancements that were associated with the key insertion over the years and wondering how they were being handled. Seems some feel they are not being handled well. Well in the US anyway.

     

    I remember a friend in a Triumph Spitfire being towed by his father (a common occurrence). While being towed with the engine off and in neutral he removed the key (probably bored and perhaps too inquisitive. He's a lawyer now). Well the steering locks when you do that on that particular vehicle for anti theft. Almost lost it before he could get the key back in. I think the whole town heard his father! :(
    29 Oct 2012, 12:11 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    Stefan & II, The first time I drove my 05 Prius I left it on in park in (manual E brake was on) the parking lot of the Cow Palace in SF and went inside to a Tattoo show. Boy was I surprised when I returned to the car and it was running recharging the battery, not sure how many times if restarted to recharge the battery while I was gone for several hours. It only happened once. It only takes once to cause serious problems.
    30 Oct 2012, 08:40 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Bosch Opens New R&D Center, Factory in Southeastern China

     

    "According to Bosch, the technical center will devote one-third of its resources to the development of start-stop systems for Chinese automakers."

     

    http://bit.ly/SsoVca
    29 Oct 2012, 10:40 AM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    Just think of all the FERC frequency modulation income that could be made today & tomorrow as the Eastern grid gets bounced around. I wish there were more PowerCubes out there.
    29 Oct 2012, 10:43 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Can you imagine having to decide how much of your "reserve" power to offer externally instead of saving it "just in case?"

     

    Happy to know that Axion can run the sump pumps :-)
    29 Oct 2012, 12:26 PM Reply Like
  • LabTech
    , contributor
    Comments (1767) | Send Message
     
    DRich,
    Would be interesting PR for Axion if there is a short term power outage in the area but they could show they weren't affected due to back-up power supplied from their on site PowerCube.
    29 Oct 2012, 12:40 PM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    >LabTech ... One the country's oldest and least reliable grid interconnects is due west of Pittsburgh in Ohio. There is, as far as I know, presently no plan to rebuild this. Several patch jobs & software updates have/are underway. This is in need of rebuild. If it gets hit by high winds followed directly by feet of heavy wet snow it could be a national emergency. It could knock out power from Boston to Atlanta to Chicago & St. Louis.

     

    PR like you suggest might be interesting but I don't wish the reality on anyone. Even if it is local & temporary. I'd rather it be demonstrated during a summer heatwave than an event that puts people out of their house in cool to cold weather.
    29 Oct 2012, 01:01 PM Reply Like
  • LabTech
    , contributor
    Comments (1767) | Send Message
     
    DRich,
    Yes, I don't wish this on anyone, but at least we aren't in the dead of winter yet. We had a similar occurrence about a decade ago around here. My house was without power for over a week. I stayed in it for several days by closing all the rooms and running the gas fireplace in the living room, and filling up the bathtub with hot water from the gas hot water heater, but eventually I couldn't keep the place warm enough as the temp started getting down into the teens at night. Finally moved into my work office for a few days, since the university I work for has it's own back-up power system.
    29 Oct 2012, 01:31 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2215) | Send Message
     
    Guys, let's keep the specs of a Power Cube based on reality. It is rated 500 kw, with 250 kwh storage.

     

    Therefore, running at full power, it provides about 30 minutes of power, or about an hour at half power.

     

    Yes, a "typical" residence might use 50 kwh per day, so it would last about four days (parasitic losses become significant). However, few typical residences budget many $100k+ for backup.

     

    For a commercial establishment like Axion, a Powercube does not mean it keeps running effortlessly. Manufacturing and A/C shuts down pretty quickly. Emergency lights, security, communications and sump pumps keep running for a while, but I suspect the office would close soon.

     

    A PC enables a much more smooth and safe shutdown. It does not mean operations continue.
    29 Oct 2012, 01:59 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    Definitely need to keep PowerCube energy storage capabilities in mind, and its modular design offering some scalability. I strongly suspect that energy storage is going to get another look by many people, companies, institutions, etc. in the wake of Hurricane Sandy. Power outages associated with the storm will span a very large region with the National Weather Service forecasting tropical storm force winds affecting all U.S. East coast points lying between Duck, NC and a point North of Chaham, Mass.
    29 Oct 2012, 03:37 PM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    >Rick Krementz ... I understand that a PC can't provide continuing backup power. I have wondered if the DCA of the PbC could reduce/extent the fuel of a generator (like a hospital) by going between battery only to generator for EMS/recharge power.
    29 Oct 2012, 06:08 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Think the folks living in this building are discovering just how many "friends" they have today?

     

    http://bit.ly/TqmJCB

     

    http://bit.ly/TjYmly
    29 Oct 2012, 12:21 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Windmills Overload East Europe’s Grid Risking Blackout: Energy

     

    http://bloom.bg/QQq2AR

     

    All those windmills. Rushed to build because of government incentives without the transmission lines or the storage for stability. That's because if they included all the costs nobody would have bitten.
    29 Oct 2012, 03:12 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    The electrons from wind and solar power may be squeaky clean and green, but the intermittent power that wind turbines and solar panels dump into the grid every day is the worst form of pollution – instability in a system that requires absolute stability.
    29 Oct 2012, 03:53 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Future Unclear For Bankrupt A123 Battery Firm As Rescuers Maneuver

     

    "As Reuters reports, an interim debtor-in-possession (DIP) loan from auto parts supplier Johnson Controls has been withdrawn to enable the Wanxiang loan to proceed. Johnson Controls has said it will still maintain its $125 million bid for A123's automotive assets."

     

    http://bit.ly/Phi1Xi
    29 Oct 2012, 05:09 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    There seems to be more than a little bit of political theatre in the A123 bankruptcy. The original Wanxiang transaction required approval from the Committee on Foreign Investment in the United States, which made the deal a political hot potato in the weeks prior to an election. I'll be fascinated to see how it all turns out.
    29 Oct 2012, 05:18 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Surprise, surprise, surprise.

     

    CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

     

    http://bit.ly/QQCr80
    29 Oct 2012, 05:15 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Oops, Forgot the surprise, surprise, surprise audio. Seems fitting.

     

    http://bit.ly/AsznHI
    29 Oct 2012, 05:20 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Posted given the conversation the other day on remote storage operations. This one for fishing villages or other refrigeration needs. Also has phase change materials along with batteries for part of the energy storage.

     

    Solar powered cold storage for remote communities

     

    http://bit.ly/WWg8m4
    29 Oct 2012, 05:48 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2215) | Send Message
     
    "Phase change materials"? Sexy, hi-tech, eh? I think the common name is "seawater".

     

    The important piece is the small amount of battery required - ice is a much cheaper energy storage solution than electrochemistry. Note they are using gel batteries, not AGM.

     

    Overall, sounds like very practical.
    29 Oct 2012, 06:28 PM Reply Like
  • BugEYE
    , contributor
    Comments (194) | Send Message
     
    Sandy forces stock market to be closed through Tuesday. http://bit.ly/Sty4Bd

     

    And if a remaining big seller plans to dump half a million shares in the last three days of October, he may stick to the plan on Wednesday, Oct 31. 
    29 Oct 2012, 10:02 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    While yesterday was a relatively quiet day in market news, Enersys announced their entry into the grid-scale storage market with megawatt scale products that will be configured for use with all their products.

     

    http://yhoo.it/WXiIIF

     

    The most amazing part of the release was the market size estimates which don't really sink in until you realize that Enersys' annual revenues are in the $2.5 billion range.

     

    "Our new OptiGrid Stored Energy Solutions answers a critical need in the marketplace and, as such, may provide significant growth opportunities for EnerSys," said John D. Craig, chairman and chief executive officer of EnerSys. "Industry analysts forecast that the global market for large scale energy storage over the next 10 to 20 years could be between $200-$600 billion. We believe the large scale energy storage market is poised for growth in the near and long term and could reach two to four gigawatts by 2016."
    30 Oct 2012, 03:32 AM Reply Like
  • amishelvis
    , contributor
    Comments (143) | Send Message
     
    Its been a little while since I looked at ENS (enersys),, The financials look really strong, and not alot of debt. Apears to be an almost blue chip co in an interesting arena.
    30 Oct 2012, 09:37 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Enersys is tough to write about because they don't do anything terribly interesting or exciting, but they do boring spectacularly well.
    30 Oct 2012, 09:56 AM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    I wonder how close an eye Enersys has kept on Axion after having its best rail battery put to shame by an upstart. Both companies are about as quiet as they come. Might there be some future business/partnering here?
    30 Oct 2012, 10:08 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Enersys seems to have a pretty open mind when it comes to batteries of all sorts. Their recent alliance with PowerGenix and the fact that they have limited lithium-ion production capacity are proof of that. While I wouldn't want to speculate about their possible interest in Axion, I think anything is possible over the next few years. The battery manufacturers can all see the tsunami building and are scrambling to position themselves and their products.
    30 Oct 2012, 10:39 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I gave Maya a call and he seems to be doing OK. The power has been out since last night, but he's getting by.
    30 Oct 2012, 12:48 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Good to hear. PA really got it pretty bad.
    30 Oct 2012, 01:50 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    He had some fallen limbs, but didn't think he'd lost any trees. Also said the couple pounds of cooked bacon were coming in real handy. Gotta love that bachelor, author, cave man lifestyle.
    30 Oct 2012, 02:01 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Comfort wine and dine type stuff. All he needs now is something light like some cheese cake with a healthy strawberry or the like! The strawberry is like a carbon offset credit. ;))
    30 Oct 2012, 02:32 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    As long as he remembers the four major food groups he'll be fine – meat, potatoes, cheese and red.
    30 Oct 2012, 02:44 PM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    Funny, JP. Thanks for looking in...calling. And Good to see Almishelvis up there above checking in.

     

    Your Toxic article was prescient. When you lose power, and it's cold out there, the first thing you do is text around, see which local tavern is up and running. My local hangout got crushed today.

     

    Electricity these days is almost just as important as food, water, and money.

     

    I was not looking forward to coming home and battling the cold tonight. Friend of mine, who lives down the street, with a newborn, and a daughter, will be staying here tonight, if his power is not restored.

     

    Another friend, who earlier this year, bought a beach front home in Ocean City, NJ...seeing the sand has moved several blocks in there, it looks like his house has serious damage, maybe complete damage.

     

    Driving around here today, there were a bazillion trees down. A school across the street had some of its roof ripped off. Lots and lots of roads blocked off. I drove under one tree, about 2.5 feet in diameter, that was only supported by a trunk line. Eerie feeling doing that.

     

    Lots of news all of you who were unaffected probably know more than I, but this storm isn't over yet. And it the latest track looks like New Castle is pretty close to being a direct hit, that is, if Sandy finally decides to turn north.

     

    Back to caveman style living in the man cave.
    30 Oct 2012, 06:09 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Maya, Happy to see you made out OK.

     

    Help out the neighbors and friends as it makes it more bearable for everyone. Glad to see you're well aware.

     

    Did you guys in PA invite Sandy to take up residence or something? Jeez, That thing just doesn't want to leave. Maybe it's the bacon!
    30 Oct 2012, 06:21 PM Reply Like
  • SMaturin
    , contributor
    Comments (2236) | Send Message
     
    Maya, Glad to hear you're ok.

     

    There is no way into or out of my neighborhood without driving under trees hanging over trunk lines and dodging giant branches in the roads. Getting in and out to work today was an adventure.

     

    A million years ago the glaciers scraped the granite of northern Westchester clean, and the thin layer of topsoil that clings to the lumpy bedrock supports humongous trees-- until the big stoms come through and make the soil too soft. Then the wind or ice can bring down century survivors in this old neighborhood, and we get locked in and have to chainsaw our way out.

     

    Con Ed won't even issue us a ticket number for when they might get around to even investigating our complaint of no power. That's how many homes in the area are without electricity at the moment. And when they do get around to issuing a claim number, it is usually five days to a week before we actually get power restored in our cul de sac neighborhood (near Teddy Roosevelt's Campfire Club in Millwood, NY). They are predicting one to two weeks to get the 40000 powerless homes in Westchester restored.

     

    But we are warm and dry and safe with our little Honda generator to run the fridges and pellet stove, so we are in better shape than many in the area. And my iPad can intermittently get Internet connections over the inundated AT&T cell network. So my complaints are trivial and I am snug as a bug, sittin' by the stove with a glass of single-barrel bourbon to soften the slings and arrows of outrageous fortune.
    30 Oct 2012, 07:46 PM Reply Like
  • Tim Enright
    , contributor
    Comments (1350) | Send Message
     
    You are a good guy Mayascribe...
    30 Oct 2012, 10:42 PM Reply Like
  • RBrun357
    , contributor
    Comments (781) | Send Message
     
    JP

     

    I have a question for you if you don’t mind?

     

    For speculation only;

     

    Supposing a large global battery manufacturer is looking at the future markets for start/stop, grid storage and locomotive and believes that our little Axion has a product that fits well. I am curious as to the process of placing a value on Axion’s share price if this company were to be interested in placing an offer to purchase Axion and their intellectual property?

     

    Thanks,

     

    RBrun357
    30 Oct 2012, 04:49 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I don't know how one could do that at this stage and come up with a number that enough shareholders would find acceptable. Small companies get bought because they're against the wall and can't make a go on their own. Otherwise, acquisition transactions get put off long enough to establish a track record that justifies some sort of reasonable valuation based on standard metrics.

     

    Axion's invested about $100 million getting the PbC and operations in New Castle to this point. What started as a science fair project has all the earmarks of an extraordinarily valuable technology. The current market cap of $30 million would suggest that it's all been a colossal waste of time and effort. I think the market has it very very wrong. With those kinds of disparities, coming to a meeting of the minds on value would be tough.

     

    If you're a big guy looking to make an acquisition, it's very hard to come up with a number that you can justify to your board and stockholders and sell to your target's board and stockholders.
    30 Oct 2012, 05:01 PM Reply Like
  • RBrun357
    , contributor
    Comments (781) | Send Message
     
    Thanks John,

     

    I agree with you completely. I was just attempting to play with the notion that a big player might have the same opinion as you do (along with all of us Axionistas) in regards to the future prospects of Axion and its technology and might want to acquire this little unknown prior to it becoming known! I imagine that this scenario has been accomplished in the past with some other disruptive technologies and somehow they derived an acceptable value based on future market projections, etc.

     

    RBrun357
    30 Oct 2012, 08:34 PM Reply Like
  • Ranma
    , contributor
    Comments (1540) | Send Message
     
    Doesn't venture capital make these kinds of valuations all the time? Why not here...
    30 Oct 2012, 08:37 PM Reply Like
  • DRich
    , contributor
    Comments (4469) | Send Message
     
    >Ranma ... I don't think capital ventures into western Penn. anymore so there is no "here" there.
    30 Oct 2012, 09:27 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Panasonic to limit solar panel, battery development: report

     

    "The unnamed sources also said that Panasonic's small lithium battery industry -- the types which are often used in personal computers and devices -- have been hit hard by price competition in Korea and China.

     

    In order to post a profit, the company attempted to shift production to China, but the effort may have not been successful.

     

    Panasonic's energy unit is aiming for sales of over 1 trillion yen, or 10 percent of the firm's overall sales. However, if the suggested cuts go ahead, it is less likely the unit will reach this target."

     

    http://zd.net/T2lTd4
    30 Oct 2012, 05:22 PM Reply Like
  • axion-nl
    , contributor
    Comments (144) | Send Message
     
    What can we expect in the remaining months of 2012?

     

    - UL certification for the Residential Hub?
    - More PowerCube news?
    - NS doing a big order?
    - ..... OEM news?

     

    It seems to me that 2012 is a transformation year and after the flying start in january I did expect the shareprice to be above $1. With the great calculation work from John, it seems that all the big holders have left the building. Lets hope for a big bang of news in the remaining months and that 2013 will be the year of Axion :)
    30 Oct 2012, 05:27 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    ax-nl, I'm thinking that taking delivery of two identical, 20 ton purchases of activated carbon 3.5 months apart suggests pretty strongly that Axion sold an average of 3K - 4K PbC batteries per month in June, July, August and maybe September. We know that PbC shipments to undisclosed buyers were reflected in Q2 financial reports. Whether those sales were of an end-use commercial application nature or for testing and evaluation purposes is unknown. However, confirmation that PJM Interconnection frequency regulation premium rates went into effect in early October has been reported in the APCs. To me, I see Q4 PowerCube sales as a likely partial explanation for activated carbon re-supply order in September.
    30 Oct 2012, 10:08 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    D-inv - I used to have a more sanguine outlook on how quickly a larger battery implementation could occur. Unfortunately, in my view it takes close to six months or a year from closing a deal to implementation.

     

    If that's the case, then I hope Axion is holding their cards close to their chest and not announcing on the front end, but announcing on the back end at implementation. Then maybe they have been closing some deals but are not announcing until implementation occurs.

     

    All pure speculation - with NS battery purchase and mini PC they announced on front end and with PJM they announced at close to implementation ...
    30 Oct 2012, 11:29 PM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    " I used to have a more sanguine outlook on how quickly a larger battery implementation could occur. Unfortunately, in my view it takes close to six months or a year from closing a deal to implementation. "

     

    I hear you Stefan. My speculation regarding likely news before the end of the year rests heavily on Axion's purchase of 40 ton activated carbon in less than 4 months when operating capital is tight. Each of those activated carbon purchases cost $300 - $400K and support manufacture of 12K - 20K batteries. Without battery sales volume in thousands, materials inventory accumulated in Q2 & Q3 could amount to $500K-$600K when capital is limited. I think it far more likely the second 20 ton order delivered in September was purchased to replenish supplies from the earlier shipment that had been used in PbC battery production shipments. With FR service premiums now in force, PowerCube sales seem a likely candidate to account for battery volume sales in the multiple thousands range. There are no signals NSC has taken delivery of the $400K battery order announced in April.
    31 Oct 2012, 12:57 AM Reply Like
  • mrholty
    , contributor
    Comments (925) | Send Message
     
    I agree with your thoughts and I am cautiously optomistic for the Q3 conference call. I'm a little more conservative than you with when these batteries were sold as I expect that the orders were probably a little advanced an not exactly just-in-time.
    31 Oct 2012, 10:35 AM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    " I'm a little more conservative than you with when these batteries were sold as I expect that the orders were probably a little advanced an not exactly just-in-time. "

     

    Possibly, though I was addressing the assembly and shipment of batteries sold rather than date of purchase orders. I can visualize battery shipments in July - September in response to purchase orders received in February - March. If that is the case it might go a ways to explain TG's exuberant revenue outlook in the year-end conference call Q & A.
    31 Oct 2012, 12:08 PM Reply Like
  • Renzo
    , contributor
    Comments (352) | Send Message
     
    Anybody out East there wish they had a Residential Hub?

     

    Do you think Rosewater will implicitly or explicitly refer to Sandy in their marketing?
    30 Oct 2012, 07:05 PM Reply Like
  • WayneinOregon
    , contributor
    Comments (889) | Send Message
     
    "in regards to the future prospects of Axion and its technology ........ RBrun357"

     

    I've been curious about this as well. I seem to remember somebody here valuing Axion's physical assets around $30 million. But I don't recall any mention about what their intellectual property / patents might be worth.

     

    It seems a number of transactions took place in the tech space this past year where only patents were purchased (valued at up to a billion dollars). I think Kodak was one company who sold some of their patents.

     

    Anyway, seems like Axion's patents alone would be worth far more than the current market capitalization.
    30 Oct 2012, 11:57 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    At June 30 Axion's cumulative R&D spending was $31.4 million. At last Friday's close, its market capitalization was $31.7 million. We started in 2003 with a glorified science fair project. Today the PbC is a production-ready battery that's survived three years of torture testing at the hands of sadistic German engineers from BMW and two and a half years of torture testing at the hands of NS and Penn State. We know there have been other guest sadists, but we don't know who they were or how cruel they were. The PbC is still standing.

     

    In theory, successful R&D projects should have enough value to compensate for all the failures and generate a profit. In an industry with a 95% failure rate for R&D, you'd expect the successful 5% to be worth 20x to 30x the cumulative investment. It's too early to be pounding the table for a billion dollar market capitalization, but its certainly not an impossible dream.
    31 Oct 2012, 02:44 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    John, just for you.

     

    http://bit.ly/Scjj35

     

    HardToLove
    31 Oct 2012, 08:20 AM Reply Like
  • Mayascribe
    , contributor
    Comments (9679) | Send Message
     
    bang: You watching this? Incredible. What a marathon. Over nine hours...3-handed!
    31 Oct 2012, 06:53 AM Reply Like
  • axion-nl
    , contributor
    Comments (144) | Send Message
     
    Lets make this a day to remember...the last day beneath .30 :)
    31 Oct 2012, 08:48 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    Someone's going to have to kill the ATDF MM platform for that to happen. Their computers are doing their usual.

     

    HardToLove
    31 Oct 2012, 09:56 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Of course - big storm, power gets knocked out, requirement for batteries evident, market opens up, and batteries open down ... Somebody was talking about 2012 being a transformation year. Glad I'm not holding my breath.

     

    Frustration should be self-evident.
    31 Oct 2012, 10:00 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    I was thinking about news myself. Even the church mice are making a racket by comparison. I've now entered the "no move without sales" camp.

     

    I'm in a state of Missouri.
    31 Oct 2012, 10:04 AM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    ATDF has competition this A.M> MAXM (Maxim Group LLC) entered the "me sell first fray" with $0.275 ask. Standard 5K presentation.

     

    HardToLove
    31 Oct 2012, 10:46 AM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Lived in the show me state for 10 years.
    31 Oct 2012, 10:15 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Ahhhh Stefan.

     

    And so you win the prize. I was afraid nobody would get it! One decorative TFH on its way.
    31 Oct 2012, 10:20 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Renault reveals Zoe EV details

     

    http://bit.ly/Uh5xw5

     

    1.00 GBP = 1.61045 USD
    31 Oct 2012, 10:22 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1501) | Send Message
     
    As a comparison, the Renault Zoe begins at GBP 13,650 with the government discount; while the Ford Fiesta begins at 9,975. I'm guessing the Fiesta is a larger car, so maybe even a price comparison to a smaller Ford ICE car would be better.

     

    The Zoe and the Twizy. I guess not marketing to men. I want my car to have a manly type of name - something like a Ford Probe - at least it sounds like something to do with having the prostate checked.
    31 Oct 2012, 11:09 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    If I recall correctly the Ford Probe was targeted toward females and it was very successful in that regard. Don't think the overall platform was a success though. It was more successful than their import the XR4Ti.

     

    I'll hold back on any complementary remarks along the lines of health checks et al for fear of censorship or worse.
    31 Oct 2012, 11:22 AM Reply Like
  • SMaturin
    , contributor
    Comments (2236) | Send Message
     
    Isn't this the latest model for retromeanderthals?

     

    http://bit.ly/Y0cExR
    31 Oct 2012, 11:27 AM Reply Like
  • D. McHattie
    , contributor
    Comments (1832) | Send Message
     
    As a man, associating the product with a prostate exam is just about the worst marketing strategy I can think of.

     

    D
    31 Oct 2012, 11:36 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    SMaturin, That's it. And it also works as an amphibious vehicle as well.

     

    Or, for the more upscale retromeanderthal there's this fine ride with attached range extender and side car(t). Can't think of a name for the thing.

     

    http://bit.ly/RrtDU5
    31 Oct 2012, 11:47 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    It's important to remember that the Zoe gift box is clearly marked "Batteries Not Included." You have to lease them separately.
    31 Oct 2012, 12:11 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    I notice that no details are released as to the length of the lease or the charge acceptance level of the batteries as to when when they can be replaced.
    My favorite part is that you can fast charge 80% of the battery in 30 minutes. Of course that will take an expensive fast charger.
    But who cares, when you can simply pre order a car for under $100. Can't wait to see the cancellation rate.
    31 Oct 2012, 12:36 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1501) | Send Message
     
    I wear pink shirts, but have to draw the line at driving a Twizy. Renault's marketing department head must have previously been product director for Barbie.
    31 Oct 2012, 12:45 PM Reply Like
  • thotdoc
    , contributor
    Comments (1532) | Send Message
     
    Thanks for the laugh.
    1 Nov 2012, 12:33 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I saw my first Twizy in the wild yesterday and thought – I gotta get me one of them if I end up moving to Florida. Then I thought about rain.
    1 Nov 2012, 01:32 AM Reply Like
  • renim
    , contributor
    Comments (1073) | Send Message
     
    Futurist
    Renault battery lease has a replacement capacity guarantee at 75%
    http://bit.ly/QWxNVT
    and the ZOE battery lease rates seem to increment about £8 per month per 1,500 mile pa (36mnth battery leases 7,500 mile pa is £70 per month // 12,000 mile pa is £93 per month)

     

    one aspect to note, the 2013 Clio, Clio estate & ZOE seem to share the same wheelbase and wheeltrack..

     

    For 2013 (UK market anyway) Renault is widely implementing stopstart on the Clio (wasn't available 2012) and simultaneously seems to be dropping the automatic transmission option. (An EDC will come available later - for a premium)

     

    As functional StopStop needs to maintain steering and braking function with engine off, it appears that Renault is sharing production synergies between Stop/Start and EVs, to the point of reducing conventional vehicle options. There is probably also partial parts sharing in the high efficiency airconditioning components between the 2 types.

     

    As is, a ZOE is priced midway between its manual petrol (Tce90) and manual Diesel (dCi90) equivalents, but is "auto transmission".
    1 Nov 2012, 09:28 AM Reply Like
  • siliconhillbilly
    , contributor
    Comments (2116) | Send Message
     
    iindelco: I really hope the "thing" pun was intentional. Otherwise..........
    1 Nov 2012, 12:38 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    SiHB, Yes yet another sad attempt to entertain myself. Alas, If the wind would just come up a little and blow some additional leaves into my yard. All good time fillers while we wait for a carbon pipeline to be built from Japan to PA.

     

    Autos, trains and molasses in January.

     

    Maybe some sports action while we wait for an inflection.

     

    http://bit.ly/Q99AP7
    1 Nov 2012, 01:57 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    That was a bit more excitement than my poor heart can stand after 7 pm.
    1 Nov 2012, 02:08 PM Reply Like
  • KentG
    , contributor
    Comments (368) | Send Message
     
    ii IMO your humor is great and not lost on most of us. 8-b
    2 Nov 2012, 02:29 AM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    KentG, I'm working on my white level George Carlin humor series belt. Meanwhile you guys all have black belts for tolerance coming in the mail.......and software for faster scrolling. ;)
    2 Nov 2012, 09:20 AM Reply Like
  • metroneanderthal
    , contributor
    Comments (1501) | Send Message
     
    An Interesting bit of Edsel timeline.

     

    October 19, 1955: After having problems determining a suitable name for the E-car, renowned poet Marianne Moore was approached to submit inspirational names.

     

    November 7, 1955: Marianne Moore began to offer her list of names, which included such notables as "Resilient Bullet", "Ford Silver Sword", "Mongoose Civique", "Varsity Stroke", "Pastelogram" and "Andante con Moto".

     

    December 8, 1955: Miss Moore submitted her last candidate: "Utopian Turtletop".

     

    Surprisingly, no where on this list of inspirational names does "Twizy" appear.
    3 Nov 2012, 01:30 PM Reply Like
  • tripleblack
    , contributor
    Comments (13454) | Send Message
     
    Watch Rosewater for a reaction to the Sandy disaster...

     

    Plenty of fence-sitters who might need everything from the most basic HUB to a fleet of Power Cubes just got a wakeup call.
    31 Oct 2012, 10:40 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Wonder how the many solar installations fared with Sandy? Hub will only get you so far ... you need some way to generate electricity once the sun comes out and you wait for the power companies to get you reconnected to the Grid (assuming you were to begin with.)

     

    Wonder if Rosewater will team up with specially selected solar installers that charge more but increase the odds of your solar installation "weathering the storm?"
    31 Oct 2012, 11:50 AM Reply Like
  • 481086
    , contributor
    Comments (3354) | Send Message
     
    I would think the most elegant and robust set-up would be something like a Hub + ~12KW propane ICE generator + ~3KW solar array. The nice thing is the generator should only need to operate every few hours or so for less than an hour at optimum output/efficiency, thereby minimizing noise and fuel use, and extending off-grid run time easily out to weeks depending on the size of the propane tank...
    31 Oct 2012, 12:09 PM Reply Like
  • metroneanderthal
    , contributor
    Comments (1501) | Send Message
     
    Someone was telling me this morning about seeing monkeys harvest coconuts in Thailand. As the PbC has carbon from coconut fiber, found it interesting.
    From Wikipedia:

     

    "In some parts of the world (Thailand and Malaysia), trained pig-tailed macaques are used to harvest coconuts. Training schools for pig-tailed macaques still exist both in southern Thailand, and in the Malaysian state of Kelantan.[33] Competitions are held each year to find the fastest harvester."

     

    a monkey harvester.
    http://bit.ly/Y0pqwj

     

    I'm curious, but have been unable to find the approximate value of one coconut. From what I've been able to gather, nothing goes to waste.
    31 Oct 2012, 12:01 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Lol ... Ultrabattery scores again.

     

    http://bit.ly/RrBi4L
    31 Oct 2012, 12:17 PM Reply Like
  • D Lane
    , contributor
    Comments (1284) | Send Message
     
    The same Ultrabattery East Penn has, right? This link is very interesting, thanks for sharing. Island grids are definitely a place to watch for developments.
    31 Oct 2012, 12:38 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    Meanwhile, in the home of the King's English, the Telegraph is reporting:

     

    Death knell for wind farms: 'Enough is Enough' says minister
    http://bit.ly/TXD6IZ

     

    While the Mail Online is reporting:

     

    Ten years too late, it’s good riddance to wind farms – one of the most dangerous delusions of our age
    http://bit.ly/RrKIgy
    31 Oct 2012, 12:54 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    1:06 seems a proper announcement from the Kings Land to the robbers of the people's purse.

     

    http://bit.ly/RrRmn8
    31 Oct 2012, 01:23 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    If you recall, about seven months ago, there was a presentation from a gentleman in Curaco that included Mr. Dantam's name and Axion as a potential storage solution for the island.

     

    I was hoping to see a sale come out of that - maybe its has but hasn't been delivered and announced ... one can hope right?

     

    Presentation on Ft. Meade too, but that seemed to get shot down by the email exchange somebody here had with Ft. Meade.
    31 Oct 2012, 01:46 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    http://bit.ly/JsHqIx
    31 Oct 2012, 01:56 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    For all lovers of Rube Goldberg contraptions, a new classic from Purdue – http://bit.ly/Y0wzN7
    31 Oct 2012, 12:19 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    College ingenuity.

     

    America still has creativity as its main source of future power.

     

    Great video, John,
    Thanks
    31 Oct 2012, 12:42 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    Reminds me of the mouse trap board game ...
    31 Oct 2012, 01:48 PM Reply Like
  • Stefan Moroney
    , contributor
    Comments (2553) | Send Message
     
    GE storage adding 75 workers ... impressive.

     

    http://bit.ly/RvTdZV

     

    Don't have full access to this one, but nice to see someone in the business starting to scale ... hopefully, responsibly (A123)

     

    http://bit.ly/Q6Qcm3
    31 Oct 2012, 01:51 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Related:
    http://bit.ly/T7CXOS
    31 Oct 2012, 03:07 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Cascadiant is awarded a significant expansion of its latest generation fuel cell solution

     

    http://yhoo.it/VDXKcB
    31 Oct 2012, 02:47 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    GE steps up with Penn State too:

     

    "-- Approximately $200,000 from GE Corporate will sponsor research in the College of Engineering on the UG Mining Durathon Battery Advanced Packaging project, which will study the feasibility of employing GE’s Durathon industrial battery in underground mine cars. This innovative nickel-sodium battery lasts longer, is more efficient and would lead to greater productivity than the lead-acid batteries currently used."

     

    http://bit.ly/Y1xLjn
    31 Oct 2012, 03:11 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1267) | Send Message
     
    Can anyone with level II see my order at for 20k at .27?
    31 Oct 2012, 03:12 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    OR,
    I'm sure it's been filled.
    31 Oct 2012, 03:27 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    63.1K, 34K just went off at .27
    2K, 9.4K, 5K went off at .271

     

    There is 5K bid at .27 on ATDF

     

    MAXM still creating havoc ... offering 5K at .271
    next is ATDF offering 10K at .2799 and 3 others 5K at .28
    31 Oct 2012, 03:30 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1267) | Send Message
     
    Yes... got filled!
    31 Oct 2012, 03:37 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    OR, Congrats.
    31 Oct 2012, 03:41 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1267) | Send Message
     
    Thanks!
    31 Oct 2012, 04:03 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    "Gas Golden Age Darkens in Europe on U.S. Coal: Energy Markets
    By Matthew Brown - Oct 30, 2012 (Bloomberg)"

     

    http://bloom.bg/T7L2Tv

     

    "European utilities’ preference for burning coal to generate electricity is pushing up carbon emissions even after the region invested twice as much in renewable energy as the European utilities’ preference for burning coal to generate electricity is pushing up carbon emissions even after the region invested twice as much in renewable energy as the U.S. since 2004. In Europe, gas costs three times as much as in the U.S., cutting competitiveness at industrial users such as Germany’s BASF SE (BAS), the world’s largest chemical maker.U.S. since 2004. In Europe, gas costs three times as much as in the U.S., cutting competitiveness at industrial users such as Germany’s BASF SE (http://bit.ly/wIdRmS), the world’s largest chemical maker.

     

    ...

     

    Burning coal has contributed to a 10 percent increase in EU carbon-dioxide output this year through September, according to Bloomberg New Energy Finance. First-quarter emissions from power generation in the U.S. dropped to the lowest since 1992 because of increased gas usage and a milder-than-normal winter, the EIA said in an Aug. 1 report."
    31 Oct 2012, 03:34 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    So much for all that CO2 bullshit. Same as Japan.

     

    I'm also a fatalist.
    31 Oct 2012, 03:38 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    It's amazing that the squeaky green Germans would choose coal over more costly natural gas when the choice is freezing in the dark.
    31 Oct 2012, 03:56 PM Reply Like
  • f-kru
    , contributor
    Comments (259) | Send Message
     
    John, let me get a few things straight:

     

    The Greens are not part of the current german government.
    However, they were between 1998 and 2005 under Chancellor Schröder and brought us the EEG, aka feed in tariff that drives electricity costs up for consumers.
    As an aside, Schröder is now involved with Gazprom, were Germany gets most of its natural gas.

     

    Two years ago there really was a situation close to freezing in the dark in winter, when the Ukraine closed the transit pipelines between Russia and Germany trying to raise their transit fee. So this is not all about price, it's mostly about independence from Russian gas.

     

    Btw. I don't know about Switzerland, but most of the houses have gas or oil heating, only very few people in Germany use electricity for heating (except for control electronics of course).

     

    One could argue that the grid is more stable during winter, because PVs are basically not feeding in anything.

     

    P.S. I'm a fatalist as well
    31 Oct 2012, 05:46 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    F-kru, the lead sponsor of Batteries 2012 was Germany Trade & Invest, so they're working overtime to attract battery makers and technology to the country right now. I'm saddened by the renewables situation in Germany because I think the proliferation of solar panels and wind turbines has honestly been lots of people going out of their way to "do the right thing," only to learn that the promise they bought is very different from the reality they got.
    1 Nov 2012, 01:37 AM Reply Like
  • D Lane
    , contributor
    Comments (1284) | Send Message
     
    Its a learning curve and I expect the Germans are ahead of the rest of us. Which may well benefit them in the long run. In the meantime, the whole world is watching--and learning.
    1 Nov 2012, 09:19 AM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    Interesting .... hence MAXM????

     

    "Knight Capital, cuts off trading (REUTERS)"

     

    http://bit.ly/Rw4vgZ

     

    "Knight, a top U.S. market maker - a brokerage that buys and sells stocks for clients and ensures orderly trading - said the generator failed before midday, affecting its institutional equities sales and trading, and market-making businesses."
    31 Oct 2012, 04:06 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Thanks WTB. Earlier today I canceled an order on another asset and it took my broker about 1.5 hours to free up the money in my account. Could be the reason?
    31 Oct 2012, 04:19 PM Reply Like
  • wtblanchard
    , contributor
    Comments (2388) | Send Message
     
    followup on the Dow-Kokam mention recently

     

    "Dow Chemical to take charge of up to $1.1 billion
    REUTERS — 10/30/12
    By Ernest Scheyder and Deepa Seetharaman"

     

    http://bit.ly/T7VcU6

     

    "Roughly $400 million to $500 million of the charge will be in cash payments for severance and other items. The rest will be to write down the value of some projects, including the Dow Kokam venture

     

    ...

     

    It was not immediately clear if the Dow Kokam plant is still under construction. Dow Chemical spokeswoman Rebecca Bentley said the plant is producing battery parts, but referred additional questions to a Dow Kokam spokesman, who did not immediately respond to a request for comment."
    31 Oct 2012, 04:11 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    THE LATEST HOT NEWS FROM FISKER

     

    Jalopnick is reporting that 16 Fisker Karmas were caught in the storm surge at a port in New Jersey. The cars then caught fire, exploded and burned to the ground.

     

    http://bit.ly/Rt4Dzo

     

    Seems that salt water and batteries don't mix well.
    31 Oct 2012, 04:16 PM Reply Like
  • Occam's_Razor
    , contributor
    Comments (1267) | Send Message
     
    All I can say is.... wow.
    31 Oct 2012, 04:24 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    "Maybe the seawater caused a short"

     

    Sure. A short happened to occur in 16 vehicles exactly the same way. Sure. Couldn't be that Lithium chemistry, could it? No, No. It was probably a short.
    Untested safety concerns thrust upon the unsuspecting public. Maybe a warning label should be stuck on the car like the current airbag warning.

     

    WARNING:: If you plan on using your Fisker Karma near the ocean please wear the fire retardant suit provided underneath the spare tire
    31 Oct 2012, 04:27 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Now that's a great design!

     

    No sense carrying a hammer to break the glass if you drive into a waterway. That problem's solved.
    31 Oct 2012, 04:29 PM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    I think it's an entirely plausible explanation that seawater caused a short that set the battery pack off.

     

    Wouldn't you love to know how a Tesla would have held up?

     

    Now that we know a lot of salt water is a very bad thing for a Karma, the question remains – what about heavy salt spray from roads?

     

    Inquiring minds want to know.
    31 Oct 2012, 04:32 PM Reply Like
  • AlbertinBermuda
    , contributor
    Comments (708) | Send Message
     
    Whew, what a mess!
    31 Oct 2012, 04:33 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    For contrast I remember this story about the Nissan Leaf. Thus my comment about the Karma.

     

    Nissan's Leaf survived fine in Fukushima tsunami, no fires

     

    http://bit.ly/RsAInm
    31 Oct 2012, 05:01 PM Reply Like
  • H. T. Love
    , contributor
    Comments (17565) | Send Message
     
    Odd John. About 5 A.M. this morning I was wondering if electric cars had been tested in flood conditions and if they would suffer damage if water got into certain areas (battery packs being on the bottom along with all the connections and probably some portion of the electronics).

     

    I can stop wondering I guess.

     

    HardToLove
    31 Oct 2012, 05:08 PM Reply Like
  • Rick Krementz
    , contributor
    Comments (2215) | Send Message
     
    I wonder if spontaneous salt water combustion is unique to Fisker's (A123) batteries, or is problem common to Leafs and Teslas?

     

    Lack of news reports of seawater autoignition more likely indicate lack of salt water "testing" rather than innate safety.

     

    This link http://aol.it/TVMqXT "brags" about the pre-production water testing done for the Volts. While the voiceover claims it reproduces all real world conditions, the video appears to be simply a 8 minute car wash. "Pathetic" was my first adjective. It is strictly a fresh water test, and looks like it would prove not much of anything driving through deep puddles.

     

    Re: http://bit.ly/Rt4Dzo
    1 Nov 2012, 07:44 AM Reply Like
  • John Petersen
    , contributor
    Comments (29872) | Send Message
     
    About this time last year the NYT reported that a couple dozen Leafs were destroyed in the Fukushima tsunami but their battery packs made it through with no ill effects.

     

    http://nyti.ms/SqgOuQ

     

    It would be fun, however, to see an EV on a beach commercial where a wave washes in, the car creates a pair of huge rooster tails and emerges in a ball of flame.
    1 Nov 2012, 08:39 AM Reply Like
  • D-inv
    , contributor
    Comments (4036) | Send Message
     
    :-) I suspect sea water does short electrical circuits much faster than fresh water. Cause of the combustion aside, ISTM having 16 $100K vehicles parked side-by-side at a port just might say something about how well the model is moving in the market.
    31 Oct 2012, 04:35 PM Reply Like
  • Ranma
    , contributor
    Comments (1540) | Send Message
     
    Pure water does not conduct electricity, as it's the dissolved ions that carry the charge. Of course water is not very often pure. So yes, the higher the salinity the better it conducts.
    31 Oct 2012, 05:03 PM Reply Like
  • Futurist
    , contributor
    Comments (2127) | Send Message
     
    The Fisker Karma is produced in Uusikaupunki, Finland. I suspect that shipment arrived and was waiting at the port to be delivered. I'm not sure it means anything. It could mean that out of the 2,000 shipped only 16 remained to be picked up. It could mean that 16 were delivered 6 months ago and no dealer wants to pick them up.

     

    I realize that a short could occur the same way in each vehicle if they were covered with the same water at the same time. A rising tide effect. Not being a chemical engineer or anything, but could it be that simply seawater and lithium mixing together causes a chemical fire? Inquiring minds do want to know. Give Fisker credit though. They did independently investigate the last fire and publish the results in a press statement.

     

    http://bit.ly/QV0539
    31 Oct 2012, 05:03 PM Reply Like
  • iindelco
    , contributor
    Comments (9073) | Send Message
     
    Conductivity of sea water vs fresh water

     

    http://bit.ly/Sdr3BP
    31 Oct 2012, 05:05 PM Reply