Posts Tagged ‘Geothermal’

Looking Up For Our Tech Companies

Tuesday, August 25th, 2009

With just a little more then an hour left in todays trading session four of our technology stocks (RZ, ICLK, LBAS and IMCI) are all in the green and are continuing to push even higher. Each one of these companies has found a specific niche in their sector giving them the edge among thier peers. Today lets take a look at IMCI and ICLK charts and where we see these two companies are headed.

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Raser Technologies Inc.

Monday, August 17th, 2009

Raser Technologies, Inc. (NYSE:RZ) operates as a geothermal power development and technology licensing company in the United States. The company operates in two segments, Power Systems, and Transportation and Industrial. The Power Systems segment develops renewable geothermal electric power plants, and bottom-cycling operations. It has eight geothermal projects under development. The Transportation and Industrial segment focuses on commercializing its Symetron family of technologies that enhance electric motors and related components. It provides electromagnetic machine and power electronic drive technologies for applications in AC induction, permanent-magnet synchronous, and hybrid reluctance electric motors; generators and power electronic drives; automotive alternators; and integrated starter alternators for use in industrial and transportation applications, hybrid-electric and electric vehicle propulsion systems, and other applications where the performance of electricity-to-motion or motion-to-electricity power conversions can be enhanced. The company has a strategic relationship with UTC Power to manufacture the principal components of a geothermal power plant; and a collaboration agreement with Hummer to produce the hybrid H3. Raser Technologies, Inc. was founded in 2003 and is based in Provo, Utah.

Raser Technologies: Making Geothermal More Usable

Tuesday, July 28th, 2009

Experts agree on a few things about geothermal energy.

Pros:

1. Geothermal is a very clean energy, with zero emissions and zero waste.

2. Because it is from the earth’s own energy, the resource is stable, indefinite and regenerating.

3. Resources can produce abundantly amounts of energy

Cons:

1. Geothermal is expensive. Both locating viable resources and building geothermal plants is incredibly front heavy – capital-wise.

2. Because the temperature of a geothermal resource must be very high, it could be considered a limited resource.

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Raser Technologies One of This Years Most Innovative Companies According to Fast Company Magazine

Tuesday, February 17th, 2009

Raser Technologies (NYSE:RZ) was named one of Fast Company’s top 50 most innovative companies as our country begins its transformation into a new era. Fast Company picks the companies based on their innovative ideas and creative execution. RZ is a geothermal company that has gained tremendous momentum over the last three months and this just puts the icing on the cake. To read the full article and to see the full list of companies visit Top 50 Most Innovative Companies.

RZ write up at number 50 

Raser Technologies: Powering Disneyland

Wednesday, January 14th, 2009

The next time you are at Disneyland, you can share a little morsel of I’m-so-smart information. 

As of the end of February, Disneyland, along with much of Anaheim will be powered by geothermal energy supplied by Raser Technologies, Inc., (NYSE: RZ) via their newly constructed plant in Utah.

We have followed this company for weeks for a couple of reasons.  Firstly, the Raser’s technology allows geothermal energy to be generated from cooler (by cooler I mean 165* degrees compared to the industry standard 212*+ degrees) waters and therefore more accessible and plentiful supply.  Secondly, Raser Technologies is leading its industry in plant development due to their ability to put plants into use more quickly and more cost effectively than their competition. Plant production is one of the largest challenges in bringing geothermal energy mainstream.  Just a note…  while we have been following RZ, they have stepped up an exchange from NYSEArca to the New York Stock Exchange. (Their symbol, RZ, has remained unchanged) (more…)

Raser Technologies Inc. (NYSE:RZ) Makes Two Major Announcements This Week

Wednesday, December 24th, 2008

Raser Technologies Inc. (NYSE: RZ) hit the presses with two major announcements this week that hold significant promise for the company’s future growth potential. (more…)

A Bit Dated, But A Good Read

Thursday, December 18th, 2008

Utilities putting new energy into geothermal sources

By Maria Dickerson
Los Angeles Times

Geothermal sources draw power firms in quest for renewables.

Reporting from Reno — Not far from the blinking casinos of this gambler’s paradise lies what could be called the Biggest Little Power Plant in the World.
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RZ Testing Resistance

Thursday, December 18th, 2008

Raser Technologies (NYSEArca: RZ) shares tested resistance in the $4.75 range for the second straight day Wednesday before settling at $4.36. Total volume on the day exceeded 388,000 shares.

A break through the $4.75 barrier would be considered a bullish sign and open the door for a potential run at the mild resistance at +/-$5.25 followed by stronger resistance right around $5.75. $5.00 may pose some trouble, but more of a psychological barrier with no weight as a technical resistance level. (more…)

Is the Energy Crisis Solution Right Under Your Toes?

Wednesday, December 17th, 2008



Dear Investor,

Did you know that the United States comprises less than 5% of the world’s population yet accounts for roughly a quarter of both total oil usage and carbon dioxide emissions?

Most Americans do not. Fortunately the incoming administration is fully cognizant of these facts and plans on investing $150 billion into alternative energy technology over the next decade to help solve this and similar problems.





USA Today Highlights Raser Technologies/Geothermal Energy as Most Promising Alt-Energy Source

ImageSure, the recent economic downturn and drop in oil prices have shifted focus away from renewable energy projects to some extent. . . for the moment. However, the same set of circumstances still plague the U.S. whether oil is priced at $30 per barrel or $150. The need to end reliance on foreign oil and minimize our carbon footprint is growing and only a push towards cleaner, more economical energy sources can help achieve this.

An exciting technology capable of drastically changing the way we produce energy was profiled in Tuesday’s addition of USA Today.

According to the article, entitled “Despite Economy, 3 Companies Stay on Alternative-Energy Path”, research firm New Energy Finance expects investment in emerging alternative energy projects to grow nearly 45% in 2008 to $14.2 billion from $9.8 billion in 2007 with total spending on clean-energy projects at $142 billion. The piece highlights geothermal producing Raser Technologies, Inc. (NYSEArca: RZ) as one of 3 companies that are persevering in the alt-energy space despite tough credit markets, declining oil prices, and a dismal economy.

While geothermal energy itself is not a new concept, the technology developed by United Technologies and deployed in Raser’s first geothermal power plant is relatively new. It is also beginning to emerge as a viable alternative to traditional electricity generation technologies due to the growing number of economical and environmental benefits it affords.


Despite Economy, 3 Companies Stay on Alternative-Energy Path




Geothermal: Chu’s Ace in the Hole

ImageNewly appointed United States energy secretary Steven Chu has already voiced his intent to immediately begin seeking alternatives to coal energy, which provides roughly 50% of America’s electricity.

This aligns perfectly with President elect Obama’s plans to “develop new forms of energy and ways to use them”. While nuclear, solar, and wind are all expected to play a role in helping reduce the country’s carbon footprint, Mr. Chu may have an ace up his sleeve.

Earlier this year, Chu, a Nobel Prize winner, briefed the world on the many benefits of enhanced geothermal systems. As the country searches for an optimal alternative to fossil fuels, recent advancements made in the geothermal sector by companies such as United Technologies and Raser Technologies coupled with support from America’s energy and environmental departments could become a driving force behind widespread adoption of geothermal technology.


Steven Chu on Geothermal Energy




Gaining Momentum

ImageUTC has developed the PurceCycle® power solution, a fuel-independent system that is able to convert lower temperature (+165 Farenheit) geothermal resources into 280KW of electrical power. This technological innovation helps energy providers overcome one of the key roadblocks to the widespread generation and usage of geothermal energy.

Historically, in order to optimally harness geothermal power, the presence of high temperature geothermal resources (+300F), such as those typically located near areas with high volcanic activity, was imperative. UTC’s development greatly expands the potential pool of geothermal resources that American firms can harness by roughly 120,000 MW of energy (U.S. Geological Survey data). RZ will soon be one of the first U.S. companies to leverage the technology.

The company’s Thermo #1 plant in Utah, which is scheduled to be online by year’s end, will incorporate the PurceCycle system into its modular power plant design. RZ is set to begin delivering on its first geothermal power contract with the City of Anaheim this week. To date, RZ has received and implemented 50 PurceCycle units for use at its Thermo #1 plant, and placed orders for a combined 200 units which are expected to generate roughly 45-50MW of energy at the company’s first 4 to 5 geothermal plants.

Why geothermal energy?

In a nutshell:

Geothermal energy is a renewable and unlimited source of emission-free base-load (24/7) power.

Generating geothermal power requires relatively little real estate in comparison to traditional power plants.

There are substantial governmental renewable energy mandates/tax incentives available to producers.

Geothermal power is cost competitive with coal-based energy, which fuels half of our nation’s electricity.


PureCycle Overview




Raser Moves to the Big Board,

ImageRaser Technologies announced Monday that is has filed for listing on the NYSE “Big Board” and also recently closed the remaining $10M of its private placement funding with Fletcher International.

In the wake of negative news ranging from massive ponzi schemes to the possibility of all three American car manufacturers filing for bankruptcy, Raser’s recent announcements are a breath of fresh air and indicative of how the company’s model is holds up in a global economic slowdown.


"Raser Closes Remaining Funding of Previously Announced Private Placement"



Conclusion

As the United States strives to become greener and energy independent, we think geothermal power will surface as an optimal replacement for fossil fuels. With 8 geothermal projects currently under development representing at least 80- 85 megawatts (MW) of geothermal power and a “heat farm” portfolio that currently spans five states and more than 250,000 acres, we also believe that RZ is well positioned to take advantage of the shift towards geothermal power.

Thank you for being a loyal Outcast subscriber. We will continue to provide you valuable services.

Sincerely,
–The Team at Outcast



Investors are cautioned that certain statements contained in this document are “Forward-Looking Statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as “believes,” “anticipates,” “intends,” “plans,” “expects” and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future , which may be provided by management, are also forward-looking statements as defined by the act. These statements are not guarantees of future performance. See Disclaimer on website.

Raser Announces 20 Year Power Purchase Agreements

Monday, December 15th, 2008

Wednesday 19th, March 2008


Raser Technologies, Inc. announced today that the City of Anaheim, California has approved power purchase agreements (PPAs) for two of Raser’s planned geothermal power plants. Each PPA provides for the delivery by Raser of up to 11 megawatts (MW), or enough electricity to power approximately 9,000 homes, of geothermal renewable power for 20 years. Under the agreement, Raser will use reasonable commercial efforts to begin delivering electricity by December 15, 2008. (more…)