Monday, August 25, 2014 12:19:40 PM
International Energy Outlook , the world energy consumption will grow by 56% between 2010 and 2040. This growth in demand for electricity has to be matched with increased generation capacity and changing demand peaks, thereby making energy storage essential criteria in the entire energy system. Also, the energy conservation policies are shifting the interest from fossil energy to alternative energy which will further augment the market for advanced energy storage system.
http://www.kxxv.com/story/26317980/advanced-energy-storage-s
"KGET" Electricity Generation Plant
http://finance.yahoo.com/news/kleangas-energy-technologies-inc-acquires-121500952.html
"KGET" aerial view and exterior shot of the new facility.
https://www.facebook.com/kleangas/photos_stream?ref=page_internal
http://www.kleangas.com/
“KGET” producing 2.4 MW (MEGAWATTS) of electricity
24 hours 7 days a week produces approximately 24,528 MEGAWATT HOURS per year
What does a MEGAWATT HOUR cost?
Domestic electric rates change drastically depending on where you live, how much you use, and even what time of day you use it. But let's take for an example, 25¢ per kilowatt hour (KWH). That means that if you're drawing energy from the outlet at the rate of 1,000 watts, you'll owe the electric company a quarter if you keep it up for an hour. 1 MEGAWATT = 1 million watts = 1,000 kilowatts. At the same cost of a quarter per KWH, your MEGAWATT would cost: -- About $4.16 for 1 minute. -- About $125 for 1/2 hour. -- About $6,000 for a whole 24-hour day.
Electricity Prices Soar Past $200 per Megawatt-hour as Heat Wave Hits Eastern United States
Prices high as $672.41 per megawatt-hour. Prices held steady above $200 per megawatt-hour for most of the daytime hours and spiked higher numerous times over the course of the record demand day. Average hourly prices reached as high as $466.07 as temperatures peaked .(see GRAPHS)
http://theenergycollective.com/jessejenkins/250571/electricity-prices-soar-past-200-megawatt-hour-heatwave-hits-eastern-united-stat
GLTA the KGET shareholders
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