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marpy

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  • Is The Tesla Powerwall Battery Hype Justified? [View article]
    Once they get to a system that is economic - lets say less than 10 years payback, then life of system becomes very important. Once you have recovered your cost of capital, you are producing almost free energy and so a 20 year warranty would be very important as for those additional 10 years you would be producing almost free energy and when you are getting something for free, you do not need the latest and the greatest to produce it. its money in your pocket!!
    May 5, 2015. 10:14 AM | Likes Like |Link to Comment
  • Is The Tesla Powerwall Battery Hype Justified? [View article]
    For Walmart and Amazon, its good PR and not much else. Costs have to drop considerably before this makes economic sense for any one. The exception is if you are miles from any power line or natural gas supply - then what choice do you have?? ;-)
    May 4, 2015. 10:30 AM | 4 Likes Like |Link to Comment
  • Is The Tesla Powerwall Battery Hype Justified? [View article]
    Some numbers plus my opinion for you:

    Powerwall is available in 10kWh, optimized for backup applications or 7kWh optimized for daily use applications. Both can be connected with solar or grid and both can provide backup power. The 10kWh Powerwall is optimized to provide backup when the grid goes down, providing power for your home when you need it most. When paired with solar power, the 7kWh Powerwall can be used in daily cycling to extend the environmental and cost benefits of solar into the night when sunlight is unavailable.

    Tesla’s selling price to installers is $3500 for 10kWh and $3000 for 7kWh. (Price excludes inverter and installation.) Deliveries begin in late Summer.

    Powerwall specs:

    Mounting: Wall Mounted Indoor/Outdoor
    Inverter: Pairs with growing list of inverters
    Energy: 7 kWh or 10 kWh
    Continuous Power: 2 kW
    Peak Power: 3.3 kW
    Round Trip Efficiency: >92%
    Operating Temperature Range: -20C (-4F) to 43C (110F)
    Warranty: 10 years
    Dimensions: H: 1300mm W: 860mm D:180mm

    From the misleading press releases/ reports, I was initially excited as it looked like it had a lot of potential. Based on the releases/ reports you would think you could get a 10 KW battery plus inverter and hardware for $3500. Far from the truth!!, Reality is that all it is is a beginning and much improvement is needed before it has potential for most consumers. 2KW continuous is about 18 amps at 120 volts - not very much (you need twice that to run a 1.5 ton air conditioner - cool a small house) and the same to heat it. $3500 in reality is $7500 or more when you add the required hardware/ wire and switches and on top of this you need to buy solar cells.
    For this battery to have been a game changer, capacity needs to at least double, price needs to be half and 10 year warranty also needs to move to 20 years.

    A start but a way to go JMO.
    May 4, 2015. 10:16 AM | 11 Likes Like |Link to Comment
  • The Silliness Of Tesla's 10kWh Back-Up Battery [View article]
    They are something like 5 generations away from having a useful product for most people. As it sits its an economic non starter that will be bought by those who like the "fluff" in your post. A nice hobby and conversation piece about sums it up! ;-)
    May 4, 2015. 09:42 AM | 1 Like Like |Link to Comment
  • The Silliness Of Tesla's 10kWh Back-Up Battery [View article]
    If you could truly get 10 kw out of it, you would have to watch what you were doing but would be OK. The problem is that it is only good for 2kw continuously and only for 5 hours. Your typical 100 amp house service is around 24 kw (maximum capacity) and no one runs at maximum, so take it from there.
    May 4, 2015. 09:37 AM | Likes Like |Link to Comment
  • The Silliness Of Tesla's 10kWh Back-Up Battery [View article]
    Price has to go down by 50% and capacity has to go up by 100% - then it would start to make sense.
    May 4, 2015. 09:32 AM | 2 Likes Like |Link to Comment
  • The Silliness Of Tesla's 10kWh Back-Up Battery [View article]
    Well SS - Here are the specs right out of the link you provide:

    Powerwall is available in 10kWh, optimized for backup applications or 7kWh optimized for daily use applications. Both can be connected with solar or grid and both can provide backup power. The 10kWh Powerwall is optimized to provide backup when the grid goes down, providing power for your home when you need it most. When paired with solar power, the 7kWh Powerwall can be used in daily cycling to extend the environmental and cost benefits of solar into the night when sunlight is unavailable.

    Tesla’s selling price to installers is $3500 for 10kWh and $3000 for 7kWh. (Price excludes inverter and installation.) Deliveries begin in late Summer.

    Powerwall specs:

    Mounting: Wall Mounted Indoor/Outdoor
    Inverter: Pairs with growing list of inverters
    Energy: 7 kWh or 10 kWh
    Continuous Power: 2 kW
    Peak Power: 3.3 kW
    Round Trip Efficiency: >92%
    Operating Temperature Range: -20C (-4F) to 43C (110F)
    Warranty: 10 years
    Dimensions: H: 1300mm W: 860mm D:180mm

    What errors and omissions are you talking about??? From the misleading press releases/ reports, I was initially excited as it looked like it had a lot of potential. Based on the releases/ reports you would think you could get a 10 KW battery plus inverter and hardware for $3500. Far from the truth!!, Reality is that all it is is a beginning and much improvement is needed before it has potential for most consumers. 2KW continuous is about 18 amps at 120 volts - not very much (you need twice that to run a 1.5 ton air conditioner - cool a small house) and the same to heat it. $3500 in reality is $7500 or more.
    Yawn - wake me up when they get real!!!!
    May 4, 2015. 09:28 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Chinese Factory Activity Slides To 12-Month Low [View article]
    With respect to "The U.S.'s two largest food distributors, Sysco (NYSE:SYY) and U.S. Foods, and the Federal Trade Commission squaring off in Federal court" IMO their is definitely something funny going on with food prices in America. For example, why is food so much cheaper in the Buffalo NY area than a lot of Florida? Especially so when a lot of what gets sold for cheaper in Buffalo gets grown in Florida.Go figure!!!
    May 4, 2015. 09:09 AM | 6 Likes Like |Link to Comment
  • Cenovus Energy: Selling Royalty Lands - Necessity And Opportunity [View article]
    With respect to the money raised through the share issue being used for capital expenditures and not bringing in additional value through an acquisition, I do not see what the issue is here. They are spending most of the money on finishing projects that will substantially increase production and so the money will be well spent. The alternative was to increase debt and the share issue IMO gave them better flexibility. Any acquisition would also be measured in production added and better a capital spend on what they know than what they do not know.
    As for production disruptions, CVE oil sands production is all from SAGD verses the more trouble prone mining type operations and so the risk is a lot less than with companies like Canadian Oil Sands.
    With respect to the 500 million Foreign currency write down, the Canadian dollar spent most of the last quarter at 80 cents or less and has recently strengthened to 83 cents and so the next quarter may actually bring a positive here. Cenovus would be much better of if it converted its debit to Canadian dollars as much as possible as the movement of the Canadian dollar tends to provide relief during low oil prices and it would take foriegn currency out of the equation for CVE. That's another story as foriegn currency tends to be a double edged sword.
    As for production costs, CVE are among the lowest in the industry and once the capital costs are mostly out of the equation (which they can be once the 2 projects they are working on is complete) then they have long life reserves that can produce at very sustainable levels with minimal capital costs. Once the Capital is spent, SAGD operations have low operating costs typically under $30 per barrel.
    They are in a good position to ride out low oil prices should they persist after 2015 as they will be in a position to minimize capital spending while reaping the benefits of increased production of the 2 newly completed projects.
    Selling royalty lands would IMO just be a bonus that you will not see happen unless they get a good price for them. They have lots of options here including promoting more activity and some partnerships. An out right sale is not a necessity.

    JMO - Long CVE
    May 3, 2015. 11:29 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Tesla Moves Into Energy Storage [View article]
    back up generators can be had for around $100 (bottom end) - lots of people willing to blow $100, not so many willing to do the same for $10,000 plus.
    May 1, 2015. 09:47 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Tesla Moves Into Energy Storage [View article]
    The key to the economics of solar installations has always been the cost of the batteries and related charging hardware. This has a long way to drop before the economics make sense.
    May 1, 2015. 09:45 AM | 4 Likes Like |Link to Comment
  • Cenovus posts Q1 loss, to add 100K bbl/day to oil sands production capacity [View news story]
    When you look at the details in their report and get past the loss which after restructuring costs and the drop in oil prices should have been expected, it is IMO quite positive.

    - Production going up by over 100k barrels per day from projects over 70% complete and funded fully from internal cash.
    - Operating cost substantially lower. (30% lower)
    - 2 Billion plus in cash flow at current oil prices.

    JMO - Long cve
    Apr 29, 2015. 04:13 PM | Likes Like |Link to Comment
  • Whirlpool -7% after guidance disappoints [View news story]
    Just like the North American Auto manufacturers, this company made a lot of hay by cutting quality and warranties. And just like the North American Auto manufactures this provided the opening for the Asian manufactures to move in. Now all that is needed is for one of them to provide Toyota/ Honda quality with a decent warranty and the masses will jump ship.

    JMO As i do not like crappy appliances with even crappier warranties.
    Apr 28, 2015. 09:43 AM | Likes Like |Link to Comment
  • Counting Down Greece's Final Moves [View article]
    The ECB "officially refuses to consider a Plan B" is what it should say. Unofficially, i have no doubt that they have had one for a while. Fools is something they are not but they do expect others to be. ;-)
    Apr 27, 2015. 10:44 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Prepare For Week Of Central Bank Decisions [View article]
    How many years before they could prove smoking was bad for you?? And the effects of smoking were very obvious. Not having any "any proven negative outcomes" does not mean much.
    Apr 27, 2015. 10:38 AM | 4 Likes Like |Link to Comment
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