D. McHattie

Lithium Ion Batteries and GEVs: False Gods for the New Millennium

Another great article, John.

I believe it was Winston Churchill who said: "America can always be counted on to do the right thing, after it has exhausted all other possibilities."

We'll throw billions in taxpayer subsidies toward electric vehicles only to turn around and realize they aren't really what we want.

On EESAT and Energy Storage Opportunities on the Smart Grid

JP, you've no doubt by now viewed the Envision video featuring an Axion battery as part of the overall 'Solar Tree' concept - what do you think?

It's nice to see a specific way in which Axion can capitalize if plug-in hybrids actually do become popular since we know Axion batteries won't be inside the cars themselves.

However, your research has shown us that plug-ins will not be much of a factor for at least 5-10 years.

This Envision SolarTree thing seems a little premature.

How PHEVs and EVs Will Sabotage America's Drive for Energy Independence

"The hypocrisy is appalling."

Welcome to the human race.

Alternative Energy Storage: Cheap Continues to Outperform Cool

I'm very torn right now.

I have some money in this sector, consistent with the theme of this article and I also have some cash on the sidelines.

I like the energy storage sector but feel that the broader market is overbought.

I feel that a correction in the broader market will pull energy storage companies down with it. But, on the other hand, the share price of these energy storage companies should get a significant boost form the ARRA grants and the A123 ipo.

I just feel that a good trader could really cash in here over the next couple months. I wish I was one.

Energy Storage on the Smart Grid: 99.45% Cheap and 0.55% Cool

Another great article, John.

But I noticed that, though you mention ENS in the article, you did not disclose your position in the company as you usually do. Was that an oversight?

Auto Batteries: Short Term Revenue Growth Favors Lead-Acid by 6 to 1

Another great article, John. Please know there are many of us who appreciate your pragmatic cost-benefit approach.

With that in mind, I have a question for you about Exide. I have seen that you prefer to talk technology and market economics and typically stay away from discussing a particular company's balance sheet, income statement, or other company-specific financial elements.

As I'm sure you're aware, the XIDE has been on a real skid lately and I'm wondering if you'd care to comment. I know they had a really bad quarter and the release of those results would explain a significant, immediate decline. However, XIDE has been falling consistently for several weeks now and it makes me wonder if there is something going on behind the scenes that I have missed.

It occurs to me that with the advantages to this market that you describe and the way the stock has been beaten up, if Exide was able to get their house in order this could be one of the best opportunities available today. Or, if they suffer critical mismanagement, it could be time to walk away.

Thanks again for all your great work.

Li-ion Battery Technologies: Understanding Their Development Path

Another great article. Thanks John.

The Obama Fast Track for Hybrid Electric Vehicles (HEVs)

You open up a real kettle of worms when you introduce the moral implications of sub-optimal resource allocation.

As you state, it is not as simple as just determining which technology saves the most fuel and then supporting that technology to the exclusion of all others. I fear that our electorate and its government may follow this oversimplified decision-making process.

Only free markets are capable of making the subtle distinctions between alternative uses of scarce resources.

In an era where free markets have been much maligned and much blamed for our economic decline, it is more important than ever that free markets be restored and preserved.

Not to get to Randian, but you have made an excellent case for the moral superiority of free markets.

Anyway, thanks for taking the time to share your thinking with us, John.

Smart DOE Battery Manufacturing Grants and Dilution for Dummies

"[I]t will be a target rich environment for investors that are willing to make a long-term commitment to the energy storage sector."

To really oversimplify your message, are you proposing that investors 'buy the dips'?

While the awarding of grants are likely to be cheered with increased stock prices, the additional stock offerings these grants will necessitate are likely to drive prices down due to fears of dilution. So the price action on these companies could be a little bit wild.

However, you argue, fears of dilution are just fears and the net combined effect of the grants and stock offerings is likely to be positive.

Therefore, 'buy the dips' and hang onto your hat?

As a summary of your message, John, is this close?

Axion and Exide: I Love It When a Plan Comes Together

John, I noticed that this time you did not disclose positions in ENS and ZBB as you normally do. Does this mean that you have closed those positions or did you just not disclose them because you did not mention them in this article?

Lead Acid Batteries: How Cheap Beat Cool at Google

John Peterson, just checked my inbox and saw a nice little email from Axion about a supply agreement with Exide. Care to comment?

Why Pure Play Energy Storage Companies Could Double for Investors

John, I wish I could just invest in this sector and not have to pick and choose companies.

There is no ETF comparable to a GDX or a PBW for the advanced battery sector, right?

You have suggested taking a small position in each of the 12 companies in your storage device maker table - can you think of any other way for the amateur to get involved without him having to try to become an electrical engineer/CFA?

Energy Storage Incentives Approved by Congress

Thanks, John, I was hoping someone would summarize the energy-related components of this stimulus bill and spare us all the aggravation.

The more we expand the alternatives to oil the better off we'll be. This period of dollar strength could end at any moment, given the commitment of the fed, congress and obama to create inflation. Higher oil prices will be one major consequence.

One of the main differences between oil and other energy sources, as you have identified, is storage. The only storage device you need for fossil fuel storage is a tank.

Wind and solar require massive batteries to store the energy collected during day-time or windy periods for use at night or calm periods.

Vehicles and devices that typically run on gas (lawn-mowers, snow-blowers, chain-saws, etc) will also benefit from battery improvements.

For the next 10 years, building a better battery these will be like building a better mouse-trap - the world will beat a path to your door.

Huge Incentives for Energy Storage in Today's House Bill

Paultaut, while First Solar (FSLR) has production facilities in Germany and Malaysia, it also has production facilities in Ohio. Also, its headquarters are in Tempe Arizona. That probably makes it American 'enough'.

You don't have to exclude foreign companies, you just have to subsidize American firms. You can subsidize your own industry as much as you want as long as the subsidized product is only sold domestically.

Huge Incentives for Energy Storage in Today's House Bill

Thanks for the update, John. I was aware that the bill would contain significant benefits for 'alternative energy' companies but hadn't read anything that drilled down into the details as you have done.

I actually dipped my toe into axpw this morning, a company I would never have heard of if not for your writings. Don't worry, my position is small and I won't come looking for you if things turn sour!

D