Capstone Green Energy Corp (fka CGRNQ)

[Seasound]

UPDATE 1-U.S. natural gas drilling rig count hits 13-year low

Natural Gas Production Could Be Curtailed By Drought

Natural gas rides heat wave, but not for long

Working Gas in Underground Storage, Lower 48

Bright Future for Liquefied Natural Gas (LNG)

Digesting some of the above fun facts and figures will give you a general idea about why Capstone needs to continue research and concentrate anew in CHP applications. Continued thirst for natural gas should continue to bode well for Capstone, but at the same time one should realize that Capstone needs further penetration into CHP applications and transportation energy solutions such as Wrightspeed's Route. We cannot, nor should we, depend on a never ending demand for "off the grid" power solutions related to gas and oil drilling although it is my opinion that horizontal drilling and fracking is and will continue to be a growth industry worldwide.

There continues to be serious issues related to centralized electricity grids, e.g. India's recent blackouts, and one would think there is a huge potential for Capstone's distributed energy solutions. In this area I would think that fuel supply infrastructure to operate micro-turbines will be the main hurtle to overcome.

Fuel Cells continue to gain penetration in many areas once thought perfect for micro-turbines--regardless of negative publicity relating to stack failure, production costs, hydrogen costs, etc., and cannot be ignored. "The dichotomy between the portable and stationary sectors illustrates the fact that the fuel cell industry remains a complex and multifaceted market, with adoption patterns." Nevertheless, even with questionable claims about the viability of fuel cell technology fuel cells are beginning to graze in Capstone's projected markets.

"Time keeps on slippin' slippin' slippin' into the future."