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Back at you and happy New Year to all. Even to those who will miss out on the fuel cell opportunity. But to all along for the ride. 2018 is going to be a very good year.
Obviously nobody has the specific answer to what's going on with fuel-cell being listed as a subsidiary or somebody would have posted something explaining it. Just like everyone else I'm anxious to hear the details but my feeling is we're going to have to wait until the 11th. I wonder why Wikipedia does not have anything about ExxonMobil in fuel cells description when you look up fuel cell on Wikipedia. Could you be a typo. Either way we all know good things are coming in 2018. Part of me actually hopes it stays under $2 until I get my tax returns
From Forbes! Energy #PowerUp
U.S. Lawmakers And Corporate America Breathe New Life Into Carbon Capture
Ken Silverstein, CONTRIBUTOR
Oct 4, 2017 8:54 AM 2,106
The StatoilHydro Sleipner A gas platform, left, sits with [+]
Cellular telephones were once too big and too expensive, not to mention unreliable — similar arguments that are used today to diffuse the discussions tied to carbon capture and storage. That is what the Global CCS Institute is saying, noting that its goal is to reduce the cost, size and power losses tied to that technology.
Carbon capture is within sight, yet it remains elusive and expensive. And while the Obama administration had allocated billions to advance the concept, the Trump administration has submitted budgets to diminish the funding for those projects — ironic, given the president’s support for increasing the production of fossil fuels in this country.
Advocates of the technology say the world will continue to rely on coal, which makes carbon capture and storage an imperative to meet the goals of the Paris climate accord.
“These days it is popular to consider carbon capture as a clean coal technology,” says Jeffrey Bobeck, lead policy analyst for the Global CCS Institute, in an interview. “But eventually, if the Paris agreement targets are going to be met, you would need it on natural gas and on industrial users like the manufacturers of cement and steel, which aren’t yet regulated.”
Electricity generation remains the largest contributor of greenhouse gases at 29%; transportation is at 27% and industry at 21% while commercial and residential buildings and agriculture are at 12% and 9%, respectively, according to the Environmental Protection Agency.
But what about the most recent experiences for those that have tried this technology? That includes Southern Co.’s advanced 582-megawatt coal plant in Mississippi that was intended to capture and sequester CO2. Cost overruns and time delays drove up the original $2.9 billion price in 2006 to $7.5 billion. As a result, the Mississippi Public Service Commission ordered the plant’s operators to switch to natural gas or to have their shareholders absorb the added expenses.
At the same time, however, Mitsubishi Heavy Industries and Southern Company said that they had completed an initial demonstration phase of carbon capture at Southern’s coal-fired Plant Barry in Alabama. That demo was able to recover more than 90 percent of the carbon dioxide, send it through a 10-mile pipeline, and inject it underground.
Bobeck, from Global CCS, acknowledges the challenges but says that they can be overcome if federal policymakers become proactive. He also points to StatOil, which is the largest demonstration project in the world and is placing 1 million tons of carbon per year into a saline aquifer deep in the North Sea. It’s part of Norway’s strategy to regulate carbon — one that uses CO2 for enhanced oil recovery.
In this country, Exxon Mobil Corp. and FuelCell Energy have a small pilot project going in Alabama — one that tries to capture carbon from a duel coal and natural gas power plant there, using the CO2 to enhance oil recovery. Their technology also cuts nitrogen oxide, or smog-causing pollutants, by 70%. Their mutual goal, obviously, is to scale up this project and to eventually commercialize it.
Meantime, ConocoPhillips, General Electric and RoyalDutchShell Corp. are spending billions to develop both coal gasification as well as carbon capture and sequestration.
The technologies are improving, although commercialization is still a stretch. Many of the prevailing carbon capture and storage tools for power plants lose a third of the electricity, making them inefficient. But newer technologies, such as those for NRG Energy’s Petra Nova plant in Houston have reduced those losses to 20%. That plant will be capturing 1.6 millions tons a day of CO2 from an existing coal plant and using it for enhanced oil recovery.
“As the world’s largest post-combustion carbon capture system, the Petra Nova project confirms that carbon capture and storage technologies can play a critical role in ensuring the Nation’s energy security and providing good jobs for American workers, all while helping us reduce carbon emissions from coal-fired power plants,” Christopher Smith, assistant secretary for Fossil Energy at the Department of Energy said.
The U.S. government gave Petra Nova a $190 million grant while the Japanese government provided its partner JX Nippon a $250 million loan.
While Trump’s original budget request cut the funding for research on carbon capture and storage from about $600 millions a year to less than $200 million, Bobeck said he is confident that this funding will be revived. The effort to do is bipartisan, he says, emphasizing that what is now needed is the restoration of the so-called 45Q tax credit for carbon storage.
Right now, that credit is capped at 75 million tons — a drop in the bucket compared to what is produced each year. But lawmakers from both sides of the aisle want that limit removed so that the 2008 law can live on. Legislation in both chambers would also give a $50 a ton credit for CO2 that is stored and a $35 credit if the CO2 is used for enhanced oil recovery.
“This opportunity represents a genuine win-win for our nation’s economy and the environment, one that will bring high-paying jobs and investment to energy producing and industrial states and regions of our country,” says a letter signed by several entities ranging from Arch Coal to Occidental Petroleum to the Natural Resources Defense Council.
Why would an environmental organization back this plan? BP is projecting a 37% increase in energy consumption worldwide, leading to a 25% jump in CO2 emissions by 2035. That exceeds the levels necessary to keep temperatures from rising no more than 2 degrees Celsius by mid Century.
Carbon capture and sequestration is a tough sell in today’s environment — one that stresses using low-carbon fuels and one where building a new natural gas plant is much easier and cheaper. But energy consumption will escalate, especially coal use in developing countries. That is why a broad swath of U.S. lawmakers support public investment in the technology while some in the corporate world think there is a viable market for it.
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Did fuel cell change their fiscal schedule? Used to be the fourth quarter ended on October 31st and they reported their annual earnings and fourth quarter mid-December. Last year was the first time they reported in January but they didn't change their physical schedule. First quarter used to end on January 31st and they would report in March so I was assuming that stayed the same and we would get their annual report/ 4th quarter on January 11th. Then we would get there first quarter in March. And hopefully put together too good quarters within 2 months of each other resulting in well over the $4 price point the several analysts put on fuel cell within the last 6 months
As you can see our best Revenue quarter was 54 million. And we are currently expecting a consensus of $0.20 a share a loss. if we happen to be 54 million and turn a profit even though it's only 1/4 I would expect a huge reaction in a very short period of time. We can only hope.
06-08-17EPS of $-0.33 missed by $0.06Revenue of $20.42M (-28.6%) beat by $1.27M
Q1: 03-09-17EPS of $-0.39 missed by $0.07Revenue of $17.00M (-49.2%) missed by $2.25M
Q4: 01-12-17EPS of $-0.41 missed by $0.04Revenue of $24.50M (-52.4%) beat by $0.90M
Q2: 06-08-16EPS of $-0.56 missed by $0.16Revenue of $28.58M (-0.1%) missed by $6.44M
Q1: 03-09-16EPS of $-0.48 missed by $0.13Revenue of $33.48M (-19.7%) missed by $1.73M
Q4: 12-14-15EPS of $-0.38 missed by $0.10Revenue of $51.50M (-5.3%) beat by $6.87M
Q2: 06-08-15EPS of $-0.04 missed by $0.02Revenue of $28.60M (-25.3%) missed by $12.70M
Q1: 03-10-15EPS of $-0.02 in-lineRevenue of $41.67M (-6.2%) missed by $6.37M
Q4: 12-15-14EPS of $-0.02 in-lineRevenue of $54.40M (-1.4%) beat by $1.53M
Q3: 09-08-14EPS of $-0.03 in-lineRevenue of $43.17M (-19.6%) missed by $10.47M
Q2: 06-03-14EPS of $-0.04 missed by $0.01Revenue of $38.30M (-9.8%) missed by $6.43M
Q1: 03-09-14
Well I have a slightly different perspective but I do agree it always goes up between the announcement of when the earnings will be and when the earnings are released. I was thinking up 5 to 10% between now and the day before earnings are released. Then depending upon what news is leet or what rumors are spread will probably start seeing more action day before or the day of. We beat 50 million in Revenue I expect it to be over $3 in less than a week and possibly $4. But as you said we'll wait and see.
If it hits $1 I am taking a loan to invest. No way it's not $5 by December 2018 but should be more like somewhere between $10-$20 before then. Wait til we provide facts about how we are building the 39.8 me in Long island and received the $60million from S. Korea.
Too much to post but you must look on Twitter at Fuel Cell Energy a lot of good stuff
South Korea shipments and Beacon Falls. The announcement was in September that the shipments would begin immediately and conclude in the first quarter of 2018. The plant would be operational in the first quarter of 2018. That announcement was made prior to any real discussion of progress on the tax bill. And any real progress on the tax bill wasn't made till after October 31st I believe which was the end of the 4th quarter. You are both right we have gotten our hopes up in the past only to be let down and the lack of PR is the worst part of fuel cell energy in my opinion. However to me there's no legitimate reason for them to not start shipments unless there was an issue because of North Korea. They would be much better off being proactive and announcing something about that if that were the case. As far as Beacon Falls, yes it seem to be that that was pretty much going to be a done deal. However if you look back at the church the stock was almost at an all-time low after the reverse stock split when it was $10 a share. That was before we found out the Beacon Falls deal was not approved in the RFP. The stock should never have dropped down to $0.80. I could clearly understand it dropping down to $5. But after the reverse stock split it should have never went below $2 just as it should not be right now. As has been mentioned numerous times this stock is not treated fairly compared to its peers. Especially since plug power is the biggest underperformer Andover promisor I've ever seen. And yet it has steadily increased or the past couple weeks I'm baffled. The only way fuel cell energy is going to get pushed over the top is with a couple of good quarters in a row. If Plug Power ever had a knockout quarter and turned a profit the stock with quadruple at a minimum. We will be lucky if you'll sell doubles if they turn a profitable quarter. I don't really understand for sure why but that's reality. What I do know is that by the end of 2018 nobody will be able to deny fuel cell energy is a solid long-term Investment Company with Incredible growth potential. The multiples will be far better than what they are right now. And that's why I stand strong that at some point within the next 24 months fuel cell will hit $100 a share. Unfortunately we have to wait and see. I hope everyone has a great holiday.
Sorry, I tried copying the link, didn't work. If you copy and paste to browser you'll see it. And the 45 mw or 60 generation or combo there of is annual. So if we have 1/4 the generation and almoat all or all of the sales, that would mean we crush EBITDA break even for 4th quarter!!
Listen to the conference call. Michael bishop I believe is the one that clearly states they can't give an exact amount of megawatts that will ship but the total 20 MW project is worth over $60 million. They will ship 40-50 million in the 4th quarter from existing inventory with the balance shipped in Q1 2018. They also have not announced any update but plan to get a 20yr Serv contract from that and have the Microgrid on line by the 1st half of 2018.
So let's take the low end of that and lowest revenue ($10 million) in a quarter yet. That makes $50 million. But if they hit delivery on time and got paid, it should be higher. Think about it. They are accumilating service contracts with high margins every fuel cell they sell basically. So once we actually complete one more big deal (Like 39.8mw or 63mw) it's off to the races in a big way. Here is a most recent post.
DEEP tees up retooled renewable energy purchase plan
Hartford. I don't know if it's possible to be more anxious than I about the annual report.
Better not be. They were supposed to get that much (minimum) from South Korea for the 20 MW deal. They had to make $15 Mil (minimum) from other sources. I expect best quarter ever but I'm only wrong 75% of the time. I'm guessing $60-$65 million. A guy can hope!! Concerning there have been no updates on the shipments though, especially with the poop going on in N. KOREA.
Thank you for the info and the feedback Max and fuel cell. I feel much better this evening then I did this morning. Patience is starting to run thin and I keep saying within the next three six months. And I keep believing there's plenty of reasons for it to be within the next 3 to 6 months. So many times I said in less than 12 months this time I just hope I'm right. There's only one reason for it not to be a home run in less than 12 months and I think everyone knows what that is. $$$. I'm very anxious to see where our cash is at in the annual report. I'm a little disappointed we haven't had any update on the fuel cells being delivered to South Korea. That should have been over 40 million dollars before the end of October if they were accurate and fulfilled their deliveries as stated. Actually they said over 50 million dollars I believe. And we had to have at least 15 million in other Revenue. Fourth quarter of 2017 should be the biggest Revenue quarter with a positive net cash according to my figures. They also should have a response to how they're planning on funding the Long Island projects before the end of January. They also should be updating us on their revised agreement with posco anytime now. So let's start seeing some updates please somebody call Chip and tell him to hire a quality PR person.
Yes, but my patience is running thin. Not really just with the company but with the general public and whoever's messing with the stock. There's no reason this stock should be dropping like this for the rest of the energy Market is not and the rest of the fuel cell Market is not unless there's a specific bad news about Fuel Cell Energy coming out in the immediate future. I could understand if all the fuel cell companies were dropping after the preliminary tax bill approval because of shareholders ignorance. Hope for only fuel cell to drop two days in a row.
http://www.ct.gov/deep/cwp/view.asp?a=4405&Q=508780
This RFP deadline is Dec 31?
There's at least a 50-50 chance fuel cells will be included early next year. It's clear that the reason it's not included right now is because they would have had to make another change in the previous tax bill or fuel cells were omitted. They said the main reason that they didn't put it in this bill was because they didn't want another reason to delay the tax bill being approved. So I wouldn't count on it but it's not a down because it wasn't included in the first place just like in that article I posted a few days ago. The guy from Seeking Alpha said that's just a potential benefit if it does get included.
Meet the microgrid, the technology poised to transform electricity
This is the path to a cleaner, more reliable, more resilient energy grid.
By David Roberts and Alvin Chang on December 15, 2017 9:40 am
TWEET SHARE
If we want a livable climate for future generations, we need to slow, stop, and reverse the rise in global temperatures. To do that, we need to stop burning fossil fuels for energy.
To do that, we need to generate lots of carbon-free electricity and get as many of our energy uses as possible (including transportation and industry) hooked up to the electricity grid. Electrify everything!
We need a greener grid. But that’s not all.
The highly digital modern world also demands a more reliable grid, capable of providing high-quality power to facilities like hospitals or data centers, where even brief brownouts can cost money or lives.
The biggest, cheapest sources of carbon-free power — wind and solar — are variable, which means that they come and go on nature’s schedule, not ours. They ramp up and down with the weather, so integrating them into the grid while maintaining (and improving) reliability means finding clever ways to balance out their swings.
Finally, recent blackouts in the wake of Hurricanes Irma and Maria highlight the need for a more resilient grid — one that can get back up and running quickly (at least for essential sites) after a disaster or attack.
It’s a triple challenge: We need, all at once, a greener, more reliable, more resilient electricity grid.
But hark! Lo! There is a technology, or a set of technologies, that promises one day to be a triple solution — to address all three of the grid’s needs at once.
We speak of the humble microgrid.
What is a microgrid?
Technically, a grid is any combination of power sources, power users, wires to connect them, and some sort of control system to operate it all.
Microgrid just means a small, freestanding grid. It can consist of several buildings, one small building (sometimes called a “nanogrid”), or even one person (a “picogrid”) with a backpack solar panel, an iPhone, and some headphones.
The research firm GTM counts “1,900 basic and advanced, operational and planned microgrids” in the US, with the market expected to grow quickly. Most microgrids today are basic, one-generator affairs, but more complex microgrids popping up all over — there’s a cool one in Brooklyn, a cool one on Alcatraz Island, and the coolest one of all in Sonoma, California. Microgrids also play a big role in plans to rebuild Puerto Rico’s grid.
Let’s take a quick tour of microgrids and their potential.
Off-grid microgrids to extend power to the poor
Some microgrids stand on their own, apart from any larger grid, often in remote rural areas. These off-grid microgrids are a relatively cheap and quick way to secure some access to power for people who now lack it, often more quickly than large, centralized grids can be extended.
Grid-connected microgrids can “island” from the larger grid
Most microgrids, especially in wealthier nations, are grid-connected — they are embedded inside a bigger grid, like any other utility customer. All the examples cited above fit this bill.
What makes a microgrid a microgrid is that it can flip a switch (or switches) and “island” itself from its parent grid in the event of a blackout. This enables it to provide those connected to it with (at least temporary) backup power.
Again, most actually existing microgrids are extremely basic — think of a hospital with a diesel generator in the basement, or a big industrial facility with a combined-heat-and-power (CHP) facility on site that can provide some heat and power during a blackout.
Microgrids are only at the very front edge of their potential
Microgrids won’t be a core part of the clean-energy transition until they serve all three grid needs — greener, more reliable, more resilient.
Right now, most microgrids around the world rely on diesel generators, which are polluting and loud, so they’re not very green. (In the US, the primary sources are CHP and natural gas.) They only turn on once the grid is down, so they don’t help with day-to-day reliability. Of the three grid needs, most serve only resilience, and only for those lucky enough to be connected to one.
The next step: integrating more diversity, including distributed renewable energy
As basic as most of them are today, microgrids hold great promise for the future. Technology is rapidly expanding the possibilities.
Electricity use is becoming more controllable and adaptable, as every system and appliance learns to communicate over the internet.
Small-scale and community-scale electricity generators are getting cheaper, cleaner, and more diverse; they now include solar panels, small-scale wind, efficient natural gas generators and fuel cells, CHP, and more. (Solar panels, in particular, have become super-cheap.)
Energy storage is also becoming cheaper and more diverse, from various kinds of batteries and fuel cells to thermal storage in hot water or ice. (The Stone Edge Farm microgrid in Sonoma boasts five separate forms of storage.) Every bit of new storage helps to smooth out the variations in solar and wind, allowing more to be absorbed.
Software, AI, and machine learning are enabling intelligent integration of all these diverse resources.
Smart design and software can create microgrids specifically designed to integrate distributed renewable energy, or microgrids designed to provide “six nines” (99.9999 percent) reliability, or microgrids designed for maximum resilience. There are even “nested” microgrids within microgrids.
Next: microgrids need to work with the larger grid
Smarter microgrids can communicate on an ongoing basis with their parent grids, forming a beautiful friendship.
By aggregating together distributed, small-scale resources (solar panels, batteries, fuel cells, smart appliances and HVAC systems, etc.), a microgrid can present to the larger grid as a single entity — a kind of Voltron composed of distributed energy technologies.
This makes things easier on grid operators. They don’t necessarily relish the idea of communicating directly with millions (or billions) of discrete generators, buildings, and devices. It’s an overwhelming amount of data to assimilate. Microgrids can gather those smaller resources together into discrete, more manageable and predictable chunks.
Grid operators can put these chunks to good use. A smart microgrid can provide “grid services” — storing energy when it’s cheap, providing energy when it’s expensive, serving as backup capacity, or smoothing out frequency and voltage fluctuations. [*see footnote]
The future: a grid of microgrids
A single smart microgrid, aggregating diverse, distributed low-carbon resources, can provide cheap, clean, reliable power to those within it. It can also provide grid services to the larger grid around it.
What really tickles the imagination is a grid that contains dozens or hundreds of networked microgrids — even a grid that is someday composed of networked microgrids. This kind of “modular architecture,” with multiple semi-autonomous nodes operating in parallel, is more secure and efficient than a centralized system with a few, large points of failure.
Microgrids may never eliminate the need for large utilities, power plants, and transmission lines, but moving more power generation, management, and consumption under local control makes everyone less dependent on them.
And it makes the grid greener, more reliable, and resilient — a three’fer.
Footnote
There are other ways of aggregating small-scale distributed energy resources that do not involve a physical switch that can island them off from the grid. These “virtual” aggregations can gather together multiple small resources (batteries, solar panels, whatever) and treat the result as a single unit that participates in grid-services markets.
“Virtual power plants” offer lots of benefits, to participants and to the grid, but they do not offer the core microgrid value proposition: resilience, i.e., independence from the larger grid in times of need.
Further reading
One of us [Dave waves] will be writing more about microgrids soon. In the meantime, there are a gazillion reports floating around. A selection:
GTM: “U.S. Microgrids 2017: Market Drivers, Analysis and Forecast”
Institute for Local Self-Reliance: “Mighty Microgrids”
Navigant Research: “Market Data: Microgrids” and “Military Microgrids”
NEMA: “Powering Microgrids for the 21st-Century Electrical System”
Alireza Aram, Energy Solutions Division, Hitachi America: “Microgrid Market in the USA”
DOE: “The U.S. Department of Energy’s Microgrid Initiative”
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Well you are on a good one with Fuel Cell if you are really patient. How did you end up on FCEL?
FuelCell Arrives At The Port Of Long Beach
Dec. 13, 2017 6:02 PM • FCEL by Gregory silverstein from Seeking Alpha..
RESILIENT WORLD
An innovative natural-gas power plant could be the future of hurricane-proof electricity
Akshat Rathi December 12, 2017
I like the second article better
Bridgeport takes green energy lead with thermal loop - Westfair Online
Westfair Online › bridgeport-thermal-loo...
Again, sorry if the link doesn't copy but you can copy and paste if you want. They have an MOU and only need final state regulatory approval. That sucks because it bites into what the Connecticut budget has set aside for Fuel Cells. I'm sure we'll have answers by Friday to many questions. Shareholders meeting isn't just to vote on approving shares.
I hear you FSU but you'll see in a short time. Main stream media needs to start a dialogue when profits roll in, or Carbon capture proves viable, or bloom goes public or whatever. Once it does and big names engage we will get a 1-6 month boom after what ever gains we already have at that time. My thoughts are realistic. I'm long since that time also. But I've done a lot of buying once it went below $2. In a buyer to $2.50 because I'm confident in less than 12 months we are over $5. I can't pass on what I see as a definite 100% gain on my $ in less than 12 months. I'll take 10% off the table at $5 and 10% more at $10. The rest will ride till $100. Call me crazy as several friends have, but this stock has potential to go up 5-10 times where it's at within 6 months after main stream media starts dialog and any 1 really good news report comes out. This is a stock big money is already banking on but when billions get pumped in it's going to blast off. I just hope we are not shocked by any news between now and mid January. If we do everything we said between now and then, I think my time frames are spot on. By end of 2018 we should have updates on carbon capture also. If progressing effectively, Exxon will do more advertising. We'll know. Or we get the 63 MW deal set to roll. Don't forget 3 anylists have a $4 price Target and that was a 12 month prior to December. I think they are only a bit off., Which obviously isn't uncommon with this type of stock??. Have a great weekend. The coming month should be very exciting. Don't let any temporary pull backs get you concerned. Many of us have been waiting a looong time for this year to happen. The next 12 months is a new game!!
Couple simple questions for people to ask themselves. And looking at Tesla what's the price of their stock? Now look at their earnings and their net income. Just saying.
Thank you for the reference once again Max you have posted that before and we all appreciate it. As far as a $100 a share please keep in mind we don't need to get $1 billion order to go up to $100 a share. And all we need to do to hit $10 a share is proved that we can build the orders that we already have. Do you think Bitcoin is going to stay at $1,500? I'm not saying it's going to go over $100 and stay there. But we will surely have the capacity to hit $100 once we prove the carbon capture technology works. And as referenced in the timelines that Max posted that should be before the end of 2019. Hoopla about fuel cells has come and gone a couple of times so people are a bit leery right now. But as soon as the technology is widely accepted which is happening very quickly and we post a couple of good quarters with enough of Revenue to turn positive cash flow the stock is going to shoot up way past 10 or $20 at any point in that process. Of course only time will tell but with this kind of stock it could be $20 in less than a week. All depends on the news and who is investing in it. Just for Giggles let's say all of the sudden Jim Cramer starts talking about Fuel Cell Energy on his show and of the tremendous potential that has. Or Warren Buffett invest a big chunk of money in it. Is the picture getting clear? ?? I am very excited and do realize it may take a couple more years but it's not going to be 5 years before the stock hits $100. I'm very confident we are going to break $100 at some point before the end of 2019. Which could even be before the end of 2018 given the right publicity in the right news. I sold all of my Plug Power back when it was $28 a share years and years ago then it went up to $40 in less than a week just before it went on CNBC. Then within two days it was $156. You just never know but I do know we are in for a fun ride this company is a solid company that's been around for a long time and their technology is not only getting better and more affordable but more and more people are becoming aware of it.
November 13, 2017 - 05:00 PM EST
Fuel cell technology proves value in hurricane relief efforts
Sorry if the link doesn't transfer.
Anyone know when the Trinity College campus fuel cell is being installed it was announced in May. Adding more quarterly Revenue with each PPA. Before you know it will have a net positive just from PPAs. Then money won't be an issue. And when money is no longer an issue is when we are $100 a share. So I'm thinking sometime in 2019. Between 12 and 24 months. Good times are coming.
Ditto Basssque on both last posts. And yes that was the article I was referring to before (you copied to Google yesterday). Thank you. There has been some significant chart movement as just pointed out. Particularly the past 2 days in the latter part of the day. BLDP and Plug remained down while we turned positive. Several things surfacing within the next 9 days for sure and maybe more and maybe sooner. Obviously special meeting on the 14th and New RFP submission due by the 15th. Yes Beacon Falls will get done but that's just part of our success. We have the perfect storm. Way to hang tight longs!!
Read the last 2 paragraphs of this article "In August". Hope the link copied
Microgrids Keep These Cities Running When the Power Goes Out
InsideClimate News
After the fire, San Diego Gas & Electric won an $8 million grant from the U.S. Department of Energy to build a demonstration microgrid in the community. ... major snowstorm that October that left 750,000 homes without power for 10 days, Hartford built a fuel cell-powered microgrid that began operating in
https://www.google.com/url?sa=t&source=web&rct=j&url=https://futurism.com/toyota-power-plant-clean-energy-manure/amp/&ved=0ahUKEwio--K3oO_XAhUkhuAKHWixBn8QyM8BCMsBMAw&usg=AOvVaw1KtDZhwsTV5jGdSFwaH6qN&cf=1
If that link doesn't work I apologize. It's a follow up on the Toyota deal.
I can't wait to find out when they are going to do the conference call and announce earnings. Typically they announce and have conference call 2nd week of December. Last year they postponed it and announced in January because the knew they had nothing good to discuss in December. Anylists are expecting January but I'm hoping the do it right after the shareholders meeting. I don't understand how believers such as myself could not have been buying all along. I have accumulated every chance I get. Money deposited today, buying more tomorrow. I think I'll hold of buying anything after it crosses $2. If announcing in December they should have a news release stating such by week. Announcing in December should mean good news. As far as owning the projects or selling them, I think they should try a little harder to sell them if they can. Chip doesn't seem to care about the share holders short term. Which is good long term but very discouraging. Ultimately if we get the order we have no built within the next 2 years, we will skyrocket. A lot of wonder about how the deals are going to be funded. Ul
New project with Toyota. Just Google it if my link doesn't work. headlines for FCEL
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FuelCell Energy and Toyota Announce Renewable Transportation Fuel Project
By GlobeNewswire, November 30, 2017, 11:00:00 AM EDT
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FuelCell Energy to install fuel cell power plant at Port of Long Beach, California to generate renewable hydrogen and power
Toyota to purchase renewable hydrogen for fuel cell vehicle refueling
Power generated by the fuel cells will be sold to the grid under State of California Bioenergy Market Adjustment Tariff (BioMAT) program
DANBURY, Conn., Nov. 30, 2017 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, today announced the execution of a hydrogen and power off-take agreement with Toyota, outlining an innovative collaboration in which Toyota will purchase renewable hydrogen for vehicle fueling generated on-site from a multi-megawatt SureSourceTM fuel cell power plant located at the Port of Long Beach in California. FuelCell Energy will install and operate a fuel cell power plant that will be configured for hydrogen production to generate and supply 100 percent renewable hydrogen for Toyota's fuel cell electric vehicles (FCEV's) and its heavy duty fuel cell Class 8 proof of concept truck. The fuel cell plant will simultaneously generate renewable power to be supplied to the grid under the California Bioenergy Market Adjustment Tariff (BioMAT) program. This fuel cell solution meets Toyota's fueling needs affordably and sustainably, while supporting the advancement of California's hydrogen fueling infrastructure and adhering to the state's mandate for utilizing low-carbon and renewable sources.
"Fueling our Proof of concept Semi-Truck, as well as our Mirai fuel cell electric vehicles with 100 percent renewable hydrogen from this stationary fuel cell system is a major accomplishment, and a key step in building a sustainable hydrogen ecosystem to help power Port operations," said Doug Murtha, Group Vice President - Strategic Planning, Toyota. "Toyota is a company dedicated to advancing sustainability, and this project supports our ongoing efforts to both eliminate carbon emissions and accelerate the development and adoption of emission-free fuel cell electric vehicles."
"This is an innovative and replicable global model for building an affordable hydrogen infrastructure to generate renewable transportation fuel that facilitates the wider adoption of fuel cell electric cars, trucks and buses," said Chip Bottone, Chief Executive Officer, FuelCell Energy, Inc. "We are pleased to provide Toyota with a flexible project structure that meets their needs both sustainably and economically."
FuelCell Energy's distributed hydrogen solution co-produces hydrogen and clean power from methane based fuels such as renewable biogas. The methane is reformed to hydrogen using water and heat produced by the fuel cell, resulting in clean hydrogen production without water consumption. In January 2016 the California Air Resources Board (CARB) certified a prospective pathway for hydrogen production with this technology fueled by biogas. CARB's team performed a complete Life Cycle Analysis (LCA) on the system and determined that it has a negative carbon intensity, as the power and hydrogen generation process is carbon-neutral due to the use of renewable biogas and the fuel cell waste heat is used to feed the internal reformation reactions.
The multi-megawatt SureSource HydrogenTM plant will be located at the Port of Long Beach, generating renewable hydrogen to fuel Toyota's Mirai vehicles as they arrive at the Port and its heavy-duty fuel cell Class 8 proof of concept truck.
Fuel cells utilize an electro-chemical process to convert a fuel source into electricity and heat in a highly efficient process that emits virtually no pollutants as the fuel is not burned. The combination of near-zero pollutants, modest land-use needs, and quiet operating nature of these stationary fuel cell power plants facilitates installation in urban locations where the power is used. Customers benefit with operating cost reductions delivered in a manner that supports sustainability goals and enhances power reliability.
Cautionary Language
This news release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements with respect to Fuelcell's expectations regarding energy cost savings, overall system efficiency, expectation regarding the amount of power generation and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of FuelCell and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and FuelCell undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although FuelCell believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of FuelCell in general, see the risk disclosures in FuelCell's filings with the Securities and Exchange Commission.
About FuelCell Energy
FuelCell Energy (NASDAQ:FCEL) delivers efficient, affordable and clean solutions for the supply, recovery and storage of energy. We design, manufacture, undertake project development, install, operate and maintain megawatt-scale fuel cell systems, serving utilities, industrial and large municipal power users with solutions that include both utility-scale and on-site power generation, carbon capture, local hydrogen production for transportation and industry, and long duration energy storage. With SureSource™ installations on three continents and millions of megawatt hours of ultra-clean power produced, FuelCell Energy is a global leader with environmentally responsible power solutions. Visit us online at www.fuelcellenergy.com and follow us on Twitter.
SureSource, SureSource 1500, SureSource 3000, SureSource 4000, SureSource Recovery, SureSource Capture, SureSource Hydrogen, SureSource Storage, SureSource Service, SureSource Capital, FuelCell Energy, and FuelCell Energy logo are all trademarks of FuelCell Energy, Inc.
Contact:
FuelCell Energy, Inc.
Kurt Goddard, Vice President Investor Relations
203-830-7494
ir@fce.com
Source: FuelCell Energy
Source: FuelCell Energy, Inc.
This article appears in: News Headlines
Referenced Stocks: FCEL
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Lander, who is Chris Bielik? Do you know? If so, what is his job, how long has he been at his job? Next question, So if it does take 10 years for commercialization for CCS how much will they make in 10 years off it, let's say in the first full year? What will that do to the stock? What will be happening with the rest of their technology? What about the SOFC? How many units do you think they will have sold to South Korea? At 200 mw a year, what will the gross profit be? If you can give 1 answer and some sort of factual research or calculations I would be surprised. I'm not talking a statement of fiction or opinion. No omission of important details such as scaling up CCS in pieces at coal and gas plants. Or did you forget to mention the affordability of CCS with FCEL vs other current projects which cost a lot more money. And how about all the articles with professional investors talking about the higher efficiency of fuel cells and the availability of power from fuel cells vs wind or solar. Exactly what is the story on the Beacon Falls Energy Park. Have you spoke with Bill Corvo or chip about it? Any chance?? Can't wait to hear back. Please give me answers. Can't wait til next Thanksgiving to review them with you.
Wow whisky, you bought in a long time ago, then never accumulated more when it went down? Sorry to hear that. Buy in now and chop your price in half then you'll be profitable in less than 4 months. Otherwise it could be another 12-18 months. Which is still short compared to how long you've been in. Hang tight, good news coming within a month. Have a good weekend. Fuel Cell industry gaining a lot of traction and 4th quarter/annual report should push even more.
I hope everybody had a good holiday and I hope everybody has a good weekend. Less than three weeks till the special shareholders meeting. So I'm guessing Less Than 3 weeks till blast-off. Keeping my fingers crossed there's some sort of good news between now and the meeting or very good news at the meeting. Also hoping we will be somewhere between $3 a share and $5 a share before the end of December. Good luck once again to all.
Max, those 2 posts you refer to was me trying to copy the link but the link did not copy, just the words for the link. Prior to that I was posting entire articles and someone commented or complained about how long my post was. No biggie, not saying you are a judge or jury, but you did comment specifically to me. I do my diligence looking for news almost daily. I know I would like to be informed as quickly as possible when any developments arise potentially effecting FCEL and I try to update others with timeliness. I'm perfectly fine just reading and keeping findings to myself and sharing only with my friends that I have gotten into Fuel Cell.
Max
I will start by saying I apologize for my ignorance but it is not ignorance in regard to deviating from a previous request that I attach a link or post a link. I'm apologizing because apparently I'm not intelligent enough to figure out how to copy the link from my cell phone.Unfortunately I use my cell phone for all of my posts and for some reason I tried copying and pasting and it does not carry the link just all of the words. If you would prefer that I try not to pass on information will do. I am only trying to be helpful and I have been a loyal investor and FuelCell energy for over 10 years. I have thanked several people on more than one occasion for their input and for links that they have attached but I have also posted some pretty useful information on here myself. Now in regard to posting useful information I will give a suggestion to everyone. Simply Google Chris bielik. Then click on the local newspaper that has posts about him. If you read the last three posts about him you will see that he is a very get it done type of guy. And he is going to get Beacon Falls FuelCell energy Park done. It may take a year to get it started but he will get it done. Good reading and good night
Dan Haar: It's makeup time forFuelCell bids
CT Post
Danbury-based FuelCell Energy Inc. was iced out of the state's huge bid awards for long-term renewable energy contracts in October and November ...
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Thanks Max. By next summer at the latest FCEL will be the highest price of the 3 and won't look back. Mr. Lander will then be moving on to other stocks with more volatility so he can trade. Mean time, great opportunity to accumulate under $2 and get a very quick 100% return.
Sorry for the delay fuel cell I only get to post once a day. I said something I shouldn't have about a month ago and I have no idea how long my restriction is.
42 hedge funds sold their entire positions in FuelCell Energy, Inc. (FCEL)
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FuelCell Energy, Inc. (NASDAQ:FCEL) went up to recover about 103.75% since recording its record low price of $0.80. The stock experienced ...
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Ty Max I notice a great contribution to FCEL being over sold and dropping as far as it did was due to 42 Hedge funds selling entire holdings. Way to steep of a drop on such low volume. Definitely going back up fairly quickly.