Wednesday, April 18, 2007
renewable stuff
tyson announced a huge deal with conoco for reformulated waste food oil... crisco and cosmetic prices could go up a little bit plus such stuff is exported... Alot of it has been dumped and is a waste problem... tyson had a choice because of the ethanol thing.. alternative energy or bankrupcy...
ormat sent me thier company report... Is the multiple high maybe looks like they are adding 10% to thier generating capacity next year. Texas leases are mentioned only in passing no project is mentioned... The thing to note is that we go after ELECTRICITY plants based on COMPETING WITH OTHER LOCALS...... WRONG WRONG WRONG... We Have a strip of several miles that generate waste heat (refineries) along with pipelines (ormat makes waste heat deals with several pipelines in several countries).. at 15 cents a kilowatt hour, alternative generation requirements and a growing market we just aren't marketing the right type of business the right way..... forced investment and then do whatever you want with the shares (A certain portion is borrowed and paid by the capacity) is a good way to get busness without competing with other places.... Alot of us can send envelopes to our shareholders instead of our neighbors we have the skills..
ormat sent me thier company report... Is the multiple high maybe looks like they are adding 10% to thier generating capacity next year. Texas leases are mentioned only in passing no project is mentioned... The thing to note is that we go after ELECTRICITY plants based on COMPETING WITH OTHER LOCALS...... WRONG WRONG WRONG... We Have a strip of several miles that generate waste heat (refineries) along with pipelines (ormat makes waste heat deals with several pipelines in several countries).. at 15 cents a kilowatt hour, alternative generation requirements and a growing market we just aren't marketing the right type of business the right way..... forced investment and then do whatever you want with the shares (A certain portion is borrowed and paid by the capacity) is a good way to get busness without competing with other places.... Alot of us can send envelopes to our shareholders instead of our neighbors we have the skills..
Wednesday, March 28, 2007
some more of ormats products
As it turns out ormat sells turbines that capture waste heat to energy.... Including generators to generate electricity from regassification of natural gas. They have sold two of them to a spanish utility for that.. I am revising my theories a little bit on how the capitalization should work.. maybe it should be done as units with some portion of a ormat share included.. They have some tek I may have overlooked that works well with the industry that we have.. We have been watching them burn off stuff at the refineries for decades.. You would finance your projects with the small tax that pays for units and slowly grab control of ormat to move it's headquarters with it. I haven't looked to see how big this company is.
Labels: ormat
