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Global Energy Innovations (GEI)


FUEL CELLS: THE RACE TO AN ENERGY SECURE FUTURE

fuelcellFuel cells are a highly efficient, combustion-less, and virtually pollution free energy source that provides electricity to power a wide array of applications including buildings, automobiles, emergency back-up systems, laptop computers, and numerous other consumer devices. In principle, a fuel cell is an electrochemical device that operates like a battery. However, unlike a battery, a fuel cell requires re-fueling, and not recharging. A fuel cell uses fuel – usually hydrogen extracted from natural gas, propane, or other carbon based fuels, and oxygen extracted from air – to produce electricity. Fuel cells will continue to produce energy in the form of electricity and heat as long as there is a constant fuel source. Hydrogen fuel cells work simply, have no moving parts, and operate silently with water and excess heat as the only by-products.

Specific industries that employ fuel cell power systems are:

  • Auxiliary Power
    o Commercial Trucking
    o Recreation Vehicles and Motor Homes
    o Marine
    o DOD Military
  • Portable Power
    o Disaster Relief Emergency
    • Back-up Stationary Power
  • Consumer
    o Defense and Homeland Security
    o Data Security
    o Telecommunications

Fuel Cell Commercialization Barriers

Although significant financial resources have been invested in fuel cell technology over the last few years, the following are typically agreed to as primary barriers to mass market commercialization. They are:

1. Lack of a hydrogen infrastructure for fuel storage and distribution.
2. Cost of ownership due to use of precious metals for fuel cell membranes.
3. Lack of large volume applications to minimize both membrane and component cost, and overall manufacturing cost, and;
4. Lack of robust fuel cell power system design that is flexible and adaptable to the varying needs of the user and minimizes engineering cost for use with multiple applications with different power requirements.

GEI’s Commercialization Strategy

Global Energy Innovations (GEI) is part of the Fuel Cell and Sustainable/Alternative Energy industry and has a target market that includes portable and on-board fuel cell power generation applications requiring efficient, clean, near-zero emissions, and silent operations in the 2kW to 10kW nominal power range.

GEI’s competitive strategy is the economicalprocessing of hydrogen from locally available logistics fuels combined with flexible, adaptable, and reconfigurable power electronics. This strategy provides a pathway to large volume commercialization of fuel cell power systems. Our innovative technology is customer centric and is driven by a commercialization reality that provides opportunities for the rapid integration of fuel cell power systems for markets typically restricted by the lack of a hydrogen infrastructure and allows for a common fuel cell architecture accross multiple application areas. This “Blue Ocean” strategy is fundamental to GEI’s success.

Their initial product offering is the GEI proprietary X5 Smart Adaptable Fuel Cell Auxiliary Power Unit, i.e. “GEI X5”. The GEI X5 has the competitive advantage of providing multiple user programmable power output channels over a wide voltage and current range that operate concurrently and independently. The GEI X5 innovation provides customers significant flexibility relative to the use of fuel cell APU’s for multiple applications with varying currents and voltages with a single fuel cell stack input.

Currently, fuel cell auxiliary units (APU’s) are designed for a single voltage output which limits the widespread commercialization of the technology, requires increased engineering and design cost for fuel cell system providers for different applications. Of most importantly the current architecture keeps the APU system cost high which limits user acceptability. Additionally, the GEI X5 smart APU provides for multiple input voltage sources, as well as multiple output power sources, to accommodate other renewable sources such as wind and solar power in addition to fuel cells.

In a nutshell, the GEI X5 de-couples the fuel cell input from the application output and allows the customer to customize the GEI X5 to individual current and voltage needs for multiple applications operating independently and concurrently. We feel our power electronics innovation is a “game changer”and will help to rapidly accelerate the adoption of fuel cell APU’s for multiple and concurrent everyday applications.

Practical Application Advantages

The advantages for commercial trucking, military, recreation vehicles, and marine applications are:

  1. Provides multiple reprogrammable output power channels supporting devices that operate at different voltages to maximize efficiency. For example, often for marine applications it is not uncommon to require 12V DC, 24VDC and 110VAC buss voltages.
  2. Allow OEM’s to provide a single platform for both US, South American, Asia and European markets that often require a different voltage bus.
  3. Allows for emergency DC/AC export power for emergency disaster relief that often require varying and uncertain power requirements.

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Chesapeake Energy to spin off oilfield services


Chesapeake Energy Corp. said Friday that it will proceed with a spinoff of its oil-field services operations to shareholders as it also plans other asset sales.

The oil and natural-gas company filed earlier this year for a possible spinoff of Chesapeake Oilfield Operating LLC, a move the company had been considering.

Chesapeake plans to change the name of the division to Seventy Seven Energy Inc. upon the spinoff. The division–which offers drilling, hydraulic fracturing and rig relocation, among other services–pulled in about $2.2 billion in revenue last year.

This and other planned asset sales will bring the total value of sales and divestitures in 2014 to more than $4 billion, the company said. Chesapeake has already received more than $925 million of asset sale proceeds so far this year.

Upon completion of the spinoff–which the company intends to be tax-free to its shareholders–and an expected recapitalization, about $1.1 billion of the segment’s debt will be eliminated from Chesapeake’s balance sheet, and the company will also receive a $400 million dividend that will be used to pay off intercompany debt from the oil-field services business.

The spinoff and recapitalization should be completed by the end of June, it added.

Chesapeake also said it would divest its ownership of its unit CHK Cleveland Tonkawa LLC, and it will sell noncore producing assets in Southwestern Oklahoma, East Texas and South Texas. Shedding ownership of CHKCT would eliminate about $1 billion of equity attributable to third parties and $160 million of balance sheet liabilities, while the three assets sales will result in proceeds of $310 million in cash.

It also plans to sell some acreage in Pennsylvania and Wyoming.

All of these transactions will reduce this year’s production by 2% and its operating cash flow by $250 million, the company said. It now expects its 2015 production will grow 7% to 10% from prior year, with a total capital expenditure budget of $5.5 to $6 billion. The company also unveiled a five-year annual production growth target of 7% to 9%.

Write to Erin McCarthy at erin.mccarthy@wsj.com

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SOURCE: http://www.marketwatch.com/story/chesapeake-energy-to-spin-off-oilfield-services-2014-05-16

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Analytica Bio-Energy Corp. – ABEC


The manufacturing industry has taken dramatic shifts from traditional methods of manual operations. To keep with the ever changing times manufactures have moved into technology operated empires. With change come new obstacles. Automated and mass production in the majority of manufacturing produces more wastewater.

Industrial Wastewater in itself is a hazardous substance. Toxic chemicals cannot be disposed of into sewers, rivers, or lakes. When left unchecked these chemicals destroy all life form in the waterways, plus endup in the water we drink..

Analytica Bio-Energy Corp. has developed new patented technology; technology that removes all toxic and hazardous chemicals prior to disposal.

Analytica’s equipment manufacturing process undergoes continuous and rigorous scrutiny during manufacturing, and assembly, Quality control inspections, and our highly trained and experienced work force insures the highest quality start to finish.

Analytica Bio-Energy Corp has developed and patented the new NH3-N Wastewater Treatment System that removes all toxic and hazardous chemicals prior to disposal! This system combines ultrafiltration equipment, microfiltration, reverse osmosis equipment, EDI equipment and other combinations.

As the world population grows and the rapid development of industrial agricultural production increases, complex chemical substances are introduced into the water, contaminating the water. It was realized that the role of NH3-N eutrophication, the wastewater treatment developed to target the removal of organic matter and ammonia was essential.
New NH3-N wastewater treatment system combines ultrafiltration equipment, microfiltration, reverse osmosis equipment, EDI equipment and other combinations developed a new system, namely-NH3-N wastewater solutions.

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NRG Energy swings to loss on write-downs


NRG Energy Inc. NRG +1.73% swung to a fourth-quarter loss as the merchant power generator posted substantial write-downs.

NRG, one of the biggest electricity producers in the U.S., last year agreed to acquire an Edison International EIX +0.52% unit’s coal plants, wind farms and other assets out of bankruptcy in a $2.6 billion deal. Edison Mission sells electricity in unregulated markets and has struggled to make money through a prolonged period of low prices, weak power demand and rising costs at the unit’s aging coal-fired power plants in Illinois. The deal is expected to close in the first quarter.

For NRG, the pending acquisition is the latest in a string of purchases that have bulked up its fleet of conventional power plants and its retail power-sales business. NRG in 2012 became the biggest wholesale electricity company in the U.S. after it bought rival GenOn Energy in a deal valued at about $1.7 billion.

NRG reported a loss of $290 million, or 90 cents a share, compared with a year-earlier profit of $252 million, $1.02 a share. For the latest period, the company posted write-downs totaling $558 million primarily from its Indian River facility and Gladstone investment, while the year-earlier period included bargain purchase gains of $296 million related to the GenOn acquisition.

NRG Energy also boosted its dividend 17% to an annual payout of 56 cents a share, and backed its adjusted earnings guidance for 2014.

Write to Ben Fox Rubin at ben.rubin@wsj.com

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SOURCE: http://www.marketwatch.com/story/nrg-energy-swings-to-loss-on-write-downs-2014-02-28-10485107

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NextEra Energy profit falls 24% on higher costs


NextEra Energy Inc. NEE +1.96% said its fourth-quarter earnings fell 24% on higher expenses that masked revenue growth.

NextEra–the largest U.S. renewable-energy generator and owner of the utility Florida Power & Light–has benefited from plant upgrades and growth projects to support its expanding customer base. Like other power companies, NextEra has faced pressure from low natural-gas prices and power prices at its wholesale power business.

NextEra Energy reported a profit of $327 million, or 75 cents a share, down from $429 million, or $1.02 a share, a year earlier. Excluding hedging impacts and other items, adjusted earnings fell to 95 cents from $1.03. Revenue increased 7.6% to $3.63 billion.

Analysts polled by Thomson Reuters expected per-share profit of 97 cents and revenue of $3.85 billion.

Total operating expenses rose 13%.

Earnings from Florida Power & Light Co., which accounts for the bulk of NextEra’s revenue, fell 3.1% to $248 million, mostly on costs related to the company’s efforts to improve productivity.

NextEra Energy resources, the company’s competitive energy business, reported that its earnings declined 50% to $85 million.

The company also affirmed its 2014 outlook.

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SOURCE: http://www.marketwatch.com/story/nextera-energy-profit-falls-24-on-higher-costs-2014-01-28-8485944

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Liberated energy Inc – LIBE


Liberated Energy, Inc.’s initial objective is to make small wind and solar turbine technology a significant contributor to the global clean energy supply portfolio by providing consumers with an affordable renewable energy option for their homes and businesses.

  • Liberated’s patent pending technology should offer every homeowner the opportunity to generate the majority of his or her monthly electrical requirements.
  • Liberated’s technology will be more affordable than any existing wind and solar options currently available.
  • Because of Liberated’s innovative design, the turbine and housing will be aesthetically pleasing and will tie in with existing architecture.

Liberated Energy, Inc. has recently acquired Perpetual Wind Power Corporation (PWPC). PWPC has applied for a U.S. patent…Patent Application Serial No. 61/27,578 through Woodcock Washburn, a national law firm specializing in intellectual property law (www.woodcock.com).

Wind Energy Potential

  • According to the Department of Energy, wind power costs dropped by 80% between 1984 and 2004.
  • Current energy costs (coal, nuclear and natural gas) are projected to increase approximately 10% annually.
  • Wind power has no fuel costs and low or negligible costs for maintenance compared to current energy sources.
  • The main reason why the growth of wind power is lagging in the U.S. is not lack of demand, but lack of supply. There is no reason why the U.S. could not only make wind turbines for its own need, but become a wind turbine exporter, creating jobs.*

*Watson, John, Ehow.com, Cost Benefits Wind Energy.

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Superior Energy sees Q3 earnings below Street view


Superior Energy Services Inc. SPN -0.23% projected third-quarter earnings below Wall Street estimates as continued reduced pricing and utilization for several U.S. land services hurt results. The company also said it plans to buy back $400 million of shares.

The oilfield-services company forecast earnings of 39 cents to 41 cents a share, missing the 49-cent estimate from analysts polled by Thomson Reuters. Superior Energy said the latest period was affected by lower utilizations in services such as fluid management, coiled tubing, remedial pumping and other production-related services. It plans to release third-quarter results Oct. 24. The company has warned before each quarter this year, though this is the biggest miss yet.

Chief Executive David Dunlap said the flat U.S. land horizontal rig count environment has continued to hurt pricing and margins for several completions and productions-related services, as oversupply challenges persist. He noted margins in the horizontal pressure pumping business remain consistent and the company has commenced cost cuts in the services most impacted.

Superior Energy said its share repurchase program, as well as free cash flow expectations, provides it with the flexibility to consider additional options to return cash to shareholders. The buyback authorization expires at the end of 2015.

Many oilfield-services companies’ margins have come under pressure in North America as they contended with a shift toward working in higher-cost oil-rich areas and declining demand for natural-gas drilling that kept prices for their work low.

In July, Superior Energy reported its second-quarter earnings fell 52% as revenue slipped 6.7%, noting its decision to relocate pressure pumping equipment as well as a slowdown in Mexico and weather in North Dakota impacted results.

Shares closed at $25.87 Friday and were inactive premarket. The stock is down 5.9% over the past three months.

Write to Nathalie Tadena at nathalie.tadena@wsj.com

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SOURCE: http://www.marketwatch.com/story/superior-energy-sees-q3-earnings-below-street-view-2013-10-14

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Surge Global Energy Inc – SRGG


Surge is engaged in the acquisition of crude oil, natural gas and pipeline properties in the United States and throughout the world. Surge also seeks investment in developing oil and natural gas projects as well as companies engaged in alternative fuel technologies.

At Surge Global Energy they believe that through their extensive industry experience and relationships they are able to provide unique, viable and compelling investment opportunities for all portfolios.

Their Mission

To provide a highly profitable rate of return to shareholders by investing in the acquisition, development and exploration of highly scalable,economically viable and environmentally safe oil & gas resources on both a domestic and international scale that contributes to the world’s improved productivity and welfare.

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Global Clean Energy, Inc


Global Clean Energy, Inc. (OTC-PINK: GCEI) is a waste-to-energy alternative fuels company with offices in Texas and Montreal and is a public company trading on the OTC Markets.

Global Clean Energy’s primary business is developing build-own-operate waste-to-energy conversion sites, focusing on utilizing commercialized technologies to convert waste intohigh value energy, a process the company refers to as Reforming Environmental Salvage into Clean Usable Energy (R.E.S.C.U.E)

GCEI has developed an alternative fuels aggregation model for mid-sized waste-to-energy conversion projects for entering into the multi-billion dollar waste to energy industry.

Alternative Fuels at only 3% of total fossil fuels represents a market size of over $100 billion with market growth at 8.2% annually through 2014.

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Far East Energy Corp – FEEC


FEEC began operations on December 31, 2001. The company’s early efforts focused on the evaluation of domestic and global opportunities to develop natural gas and coalbed methane (CBM) natural gas properties.

Upon the completion of substantial examination and due diligence for CBM opportunities, FEEC, on January 25, 2002, entered into two Product Sharing Contracts (PSCs) with China United Coalbed Methane Company, Ltd. (CUCBM), which has exclusive authority over all coalbed methane gas in China. FEEC and CUCBM will jointly explore, develop, produce and sell CBM in a total area of 1,073 square kilometers, in the Enhong and Laochang areas of Yunnan Province, People’s Republic of China. It is estimated by the Yunnan Provincial Coal Geological Bureau that the joint venture area contains total gas-in-place in excess of 5.3 trillion cubic feet (Tcf) of methane gas. FEEC has the right to earn a minimum of 60% interest in the joint venture (with CUCBM having the election to participate and share in costs and production up to 40%).

On June 17, 2003, FEEC acquired its preeminent holdings, obtaining two farmout agreements from ConocoPhillips China Inc., covering over one million acres in the Shanxi Province of Northern China.

Based on estimates by ConocoPhillips China Inc. (Phillips) and Yunnan Provincial Coal Geology Bureau all of FEEC’s project areas in China combined potentially contain 21.3 Tcf to 29.2 Tcf of original gas-in-place. This estimate includes the estimate by NSAI of OGIP in the Shouyang PSC. We received final approval of the farmout agreements from the Ministry of Commerce in China in March 2004 and we are now proceeding with drilling and development programs.

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