Composite Technology Corporation (fka CPTQE)

[derxanman]

Carswell doesn't lie, is he optimistic on the timing of events - no doubt. Unfortunately his hands are tied when other companies are involved and have the final say on PR news.

The best example I can give is National Grid. He was promising this PR for a couple of months. The National Grid event occurred last October and he is still waiting for the OK from National Grid to release a PR. It's been so long now he no longer follows up with them.

To me, National Grid buying some ACCC for a long term test that included 3M, was a PR that could have more affect than a revenue order. Why? Because 3M and CTC would be mentioned in the PR, and there are probably 100,000 more shareholders of 3M than CTC. CTC would be introduced for the first time to thousands that keep 3M on a watch list. Those thousands could be potential investors of CTC.

So what does National Grid say about this event? This comes from their internal newspaper. CTCKING may have posted this on the RB.

National Grid Test of High-Tech Conductors is up in the Air (From the March/April 2005 issue of Network USA, National Grid’s newspaper for U. S. employees)

They may look like garden-variety transmission conductors, but the recently developed, high-capacity conductors National Grid is testing on a circuit in western New York are definitely not your father’s transmission conductors.

Manufactured by St. Paul-based 3M and Composite Technology Corporation (CTC) of Irvine, Cal., the two types of conductors were installed in two contiguous 3,300-foot sections as part of a 10-mile, double-circuit transmission line upgrade project between the cities of Niagara Falls and North Tonawanda, near Buffalo. Unlike many traditional transmission conductors, which have a steel core, these new conductors have a core made of high-strength, low-weight composite material, which enables them to carry significantly more electricity than traditional transmission conductors of the same size. Using a composite core also eliminates the corrosion that can build up within a steelcore conductor.

“As demand for electricity continues to grow, so does the challenge of building new transmission circuits necessary to keep pace with that demand,” said Marc Mahoney, vice president of Transmission Network Asset Management. “We are responding by developing innovative ways to increase the capacity of our existing network, while maintaining high levels of reliability and reducing congestion, or bottlenecks, on the system.”

The advanced conductors offer the additional benefit of sagging less than traditional conductors. Increasing the amount of electricity that flows through a conductor causes it to heat up, expand and sag. Safety codes require specific clearances between conductors and the ground, based on the capacity rating of the conductor. With less line sag, existing transmission structures can be used for retrofit projects such as this one where additional capacity is required. This helps to reduce project cost and duration.

Over the next several years, various properties of the two conductors such as durability and integrity, vibration levels in various weather and wind conditions, and tension and sag levels will be tested in the field and in the laboratory to determine their viability for more widespread use throughout National Grid’s electricity transmission network.

“We manage our transmission network to deliver benefits to our customers, communities and electricity markets,” explained Mahoney. “One of the most effective ways to accomplish this is to maximize the delivery capability of our existing system. These conductors may significantly enhance our ability to do just that.”