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Warlick Part II

Tue, 7 Dec 2010|



Welcome to -- TS ATV. I'm -- sellers with me today is done more -- -- is president -- international business intelligence consultancy. Dealing with the global energy space. It was established in 1977. And serves clients that he and the energy and -- all -- services worldwide. The -- published a series of strategic energy reports. In cooperation with oil and gas journal and on this -- -- -- Don was previously -- Getty oil company PepsiCo. And Williams companies in marketing and corporate development well. Yes BS and MS degrees in engineering. From the University of Tulsa. Welcome -- thank you gotta be here. -- of course this morning is as we yeah that's supposed. So what's going -- so our our business. One of that -- Alternative energy revolution. And there are several issues -- and I -- we were able. This morning that. -- Ever. Some pressure on. What is this all this. About that project. World. And that was written in general. One forward. For solar power. But about it. What could you give us a quick definition of what solar power it is okay well. And -- -- -- book if you look or both times. Like. Quote on small packages. That. Essentially. They find right recipient serial. Which. Typically. -- -- -- material. It converts those. Packages. In general. And -- process. All. That -- supposed and much simpler. Or or are. What what -- that they some of the big overriding applications for solar power and or so -- -- and its -- today by the investment community. There's two areas. Quotable I will call me the now. And the other is that concentrating solar -- hit it four. Applications. And utility scale plant. Or PV. Applications. Four and that Israel would include. We're. Often times remote installations on offshore -- Pipeline and power station. Highway signs. Even mobile applications. -- cell -- and so forth. A second -- a large applications residential. Where we're building this stuff to roll up in the roles in some cases in bed and there -- -- -- been concentrating for. Howard -- yes he has that we might -- -- These are. Large. Projects. Usually financed and owned -- major power companies Pacific gas -- -- profanity -- Our collective -- -- -- day construct large raise. Huge. So are. Power -- -- large concentrated solar panels. For maybe thousands of them. That are parabolic -- designed to focus. And reflect this arms race on a device. Typically. Large. He conversion device where. Piping water through and essentially. You get free apartments seen. And there -- -- process for electric power generation. Hopefully -- Restate we have -- for industrial and residential applications. We have concentrating solar power for. Utility scale but. Around the globe what are some of the larger. Country markets for so -- For Paris not. -- going forward for over twenty years but today if we took. -- on the basis of -- -- For full or part typically old page and concentrated -- -- project. Germany. And Spain together account for three fourths of the business it's surprising. But when you look at the reasons why and the drivers in Germany for example which if you change things as well. -- he didn't parents. Essentially a process where. The electric power provider. Must take electric power generated by customer. From renewable sources. -- have about 75%. Together Germany and Spain. The US's this -- numbers 30 five or 6%. Behind them or. Probably South Korea would be -- number or Japan number five and all of a sudden we're up over 9% of purchased so. Or by countries account for about 90%. Interstate. You would think Germany. It. You -- think. Does that it's -- senate say Saudi Arabia recently. True but the reason not. And oftentimes couldn him and -- in Germany. But -- years ago and a decision based better government. -- we have to have as much. There alternative. Resources. Possible. There are many towns were not only ropes but sides of homes. Are plastered with thin film PV. It captures this much of these. -- -- -- is possible. Can categorize the some of the technologies for. Can. They're basically. Worry. The persons of silicon based. He'd be. Designed. -- engineered solutions. -- He got -- start and that's the that basic that largest -- can be. Sector today. Now remember we're talking about. -- very efficient resource if you're going. You're able to get sixteen but 20% efficiency. So some things. We. Resource you're doing very well second would be. And found another version of that but less efficient. But the advantage. Very very few. And the third that -- be technology is what's called high efficiency. That's the difference that -- about five satellites. Were high efficiency. And. What what about larger systems for utility scale out. Patience is that the larger part of the business -- and you know residential. Utility scale. The first of all yes -- so it's by -- the biggest. Remember we're talking about it engineered product design engineer and bill. On a race field in the desert. Parabolic reflectors. All very very high in the high tolerance. But the materials themselves. Can be procured from. Many resources. That they. -- -- yes he. Power -- He'll probably cost anywhere from three to 5000 dollars difference -- kilowatt. Compare this local -- 11100 dollars to kill. It congress will allow you to build a -- place. There are some PV -- out there that are utility scale they tend to be and -- -- Megawatts. The day here's the facility might be 300 megawatts. But we're talking. About building a land. Use today to build. Coal plant -- if they can build. Or after gas fired last. It better be a thousand megawatts -- megawatts. And it was a rough idea as to the size of this sort helps us. -- -- -- through that estimates I think or path. 2007. Worldwide about 21 point two billion dollars. But even where -- The downturn in the economy and credit problems. Forecast for about twenty plus percent a year growth that could be. By what is this thing. We're the existing. Company leaders install -- Of course that we talked about concentrating solar power these. Large plants that are being. Typically these engineering. Let's talk about -- A couple I think you an example. It's so -- traded -- you answer them film -- Have had a breakthrough recently they're able now to -- -- -- material that. Dollar per kilowatt -- There several others treated you. -- -- -- -- That's not the Vegas but -- it come from China people like something so there's terrible. Probably if we and companies that. It's business. What -- early stage players you. Some examples and early figures mean that -- capital first quarter of this year. About 350 million dollars was raised. Venture capital or so war. Why so large that work -- Have been made we want to go on six in person efficiency. Session. -- power production. Nano sport that apple -- California. There -- them -- -- back and materials that can be hated or print this on other materials. -- PC. Background -- called nano nano so our fallen well wise and -- another California based company. That. One of them. And there are probably many others that are quite small some of them are going to be -- very quickly because. -- -- most of these are privately held companies are. Republicans. See. They established -- -- most of them are publicly traded. And -- early stage companies. Most of them privately held or controlled. -- -- it. Can you give us an idea of some of the principal factors that are drivers and -- our business. Donna I think -- three probably four to. The first them and perhaps the most important is the fact that we have technology it for an. And that's a big deal of these days that's on the current agenda or best -- So that's number one number two would be as I mentioned earlier this incessant focus on cost about. And seventies it costs about fifty dollars for -- help -- a -- to manufacture. -- -- Work work crafting a dollar to that. We -- the next prime years won't be. Probably. Increasing efficiency. Third would be. And fences and -- tax credits that are offered by. Nations and companies. And Portland is a big deal and say -- on our yes. System. Incentives or rather -- that the states themselves. Have laid up on that providers and -- power for example in California. But when -- quality. The electric power generation companies. Must provide at least 20% of their power from renewable resources or them when. 11. Minnesota. Went. And again -- -- -- would relate to renewable portfolio standards. 29 states -- certain things on principle. You mentioned in sentence can get this thing quick. Incessant. Support. -- getting. Today the there's probably four. On the basis of national standards -- -- tax credits. And through new energy reinvestment act. Provided -- coming forward to congress. Where incentives to build plants. There's investment tax credit 30%. It has been approved. And -- house bill from last year in -- reinvestment act. Where 30%. Tax credit can be taken from a system that them. Built by individuals and and then there are PS standards. We'll what's next for this -- don't. I'll make sure we don't you were to grid parity. That's why all the so our players are very very interest. -- -- come down B. Equivalent hostile. To. -- But cost what are generated by apple by. There. Other sources that are not removable. We're on the way some most the -- -- analysts say but point well we're going had repaired in some states. Where there -- -- this proviso. Where there hi this type of electricity. Taxes is one of those things California's. I think but we've been. We will reach -- here -- -- it. Be an even playing field and again. Twenty. Well thank you for being -- That -- international releases new strategic energy port solar energy business early July. To a -- For the reports. Well -- national. -- look that we are allies today at -- that. Thank you very much for. Think it it.

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