EEE - Evergreen Energy Inc - Page 4

More interesting info relating to the coal industry.


POST COMBUSTION DOESN.T RAISE BTU CONTENT:
http://www.daytondailynews.com/n/content...



Replacing filters at two coal burning plants — now that's a dirty job
By John Nolan

Staff Writer

Friday, July 06, 2007

WRIGHT-PATTERSON AIR FORCE BASE – It's the time of year for an essential but truly dirty job: inspecting and replacing hundreds of cloth filter bags that catch emissions from two coal-burning plants on the base.

The mid-1950s plants were upgraded with the baghouse filtering systems in the 1990s to clean up the emissions and bring them into line with environmental laws. The plants, via either circulated steam or superheated water, provide wintertime heat for hundreds of buildings in Areas A and C of Wright-Patterson Air Force Base. The base relies on commercial utilities for its electric power and natural gas needs.

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The Air Force began operating the baghouse filters at one of the plants in 1996 after environmental regulators determined that the plant's prior emission-control system was failing to meet clean-air standards, said Jennifer Marsee, a supervisor at the Regional Air Pollution Control Agency which helps enforce state and federal clean-air standards.

The base voluntarily installed the baghouse filters at the second plant and began operating that system in 2000, Marsee said. Their emission-control use is now a part of the clean-air operating permit issued to Wright-Patterson.

"It made a huge difference in their emissions," Marsee said of the filter bags. "We've seen a huge improvement."

Maintenance season for the plants is between April, when they typically are shut down, and their return to operation in October. Ken Ferguson, boiler plant supervisor, is overseeing the maintenance, including the bag inspections.

The two plants each have three coal-fired boilers. Each boiler can contain up to 840 of the filter bags, which are 6 inches wide by 16 feet long and vaguely resemble extremely long athletic socks.

Maintenance crews must empty the bags and replace those which are worn-out. The bags, made of fiberglass fabric coated with Teflon to withstand 500-degree heat, can last four to seven years.

The coal bill for last year alone was $7 million, based on the plants' 2006 consumption and the $124-per-ton market price than of the low-sulfur Kentucky coal the plants use, the plant operators said. But that still represents a cheaper heat source than electricity or natural gas, said Mark Mays, chief of the environmental management division for the 88th Air Base Wing at Wright-Patterson.

The base managed to negotiate a $98 per ton price for the coal this year, base spokesman Derek Kaufman said.

Flyash waste from the coal burning is sent to a Fairborn plant for use in producing concrete, Ferguson said.


Contact this reporter at (937) 225-2242 or jnolan@

DaytonDailyNews.com.



WPAFB energy costs

(For the fiscal year which ended

Sept. 30, 2006)

Electricity: $18.1 million

Natural gas: $5.6 million

Coal: $7 million

Fuel oil: $42,000


Source: Wright-Patterson Air Force Base

up 72% in Pre-Market

EVERGREEN ENERGY INC (NYSEArca:EEE)

Pre-Market: 6.27 2.62 (71.78%) as of 7:01AM ET on 08/06/07

Wow! Looking forward to see how this opens.....up 72%%%%%

Nice.

A few months back some insiders were buying big blocks of shares.

The new something was coming.

seems to be on the move. the w% crossed the 50 on the 3 month chart.

moving nicely this morning. looks like a lot of shorts covering. 4.46 X 4.46

broke on volume today
4.90 +(.53)

Now this stock has seen its bottom at $1.95

Maybe it can do the same thing CCTC did?

1 year target on this stock is over $9 according to yahoo.

I think we found the bottom, this one should be BOUNCING soon!

First $3.00, then $4.00+

Good "GREEN" play.

Bounce

I'm kind of thinking that too. I'm already in. This could be big. They have a lot going on the not everybody knows about. Read the blog on their web site. They are setting themselves up for some big deals in Asia Pacific.

In another thread, I was asked whether or not EEE could perform the way CCTC recently has. This was my reply:

"Nope. Their technology isn't even close to CCTC's. The CCTC processor can be installed on site at any power plant, processes the coal much quicker and has far better results.

On EEE's website they quote their effect on Powder River coal claiming a 70% decrease in moisture and a 30% increase in BTU.

Here are the CCTC results using Power River coal.

Moisture: Before - 25.43% After - 0.10%

BTU: Before - 7,045 After - 12,546

No contest. Apparently the market agrees. EEE's chart looks like a mogul run at Killington. Their financials are a horror show. They have negative earning, $98 Million in debt and only $78 Million in the bank. They'll be broke soon unless they land some major deals.
I'm surprised they're still listed on The Big Board with that PPS."

In another thread, I was asked whether or not EEE could perform the way CCTC recently has. This was my reply:

"Nope. Their technology isn't even close to CCTC's. The CCTC processor can be installed on site at any power plant, processes the coal much quicker and has far better results.

On EEE's website they quote their effect on Powder River coal claiming a 70% decrease in moisture and a 30% increase in BTU.

Here are the CCTC results using Power River coal.

Moisture: Before - 25.43% After - 0.10%

BTU: Before - 7,045 After - 12,546

No contest. Apparently the market agrees. EEE's chart looks like a mogul run at Killington. Their financials are a horror show. They have negative earning, $98 Million in debt and only $78 Million in the bank. They'll be broke soon unless they land some major deals.
I'm surprised they're still listed on The Big Board with that PPS."

Will Yahoo buy EEE from you in a year for $9.00?

I see that and I agree with you.

I am in for 6550 shares at $1.91.
I got in yesterday.

Clean-tech variety show ranges from coal to solar firms
7:26p ET November 8, 2007 (MarketWatch)

SAN FRANCISCO (MarketWatch) -- More than 100 companies attended the Pacific Growth Equities clean-technology conference in San Francisco on Wednesday and Thursday, catering to an eager audience of fund managers, venture capitalists, private-equity firms and even large industrial players searching for ways to broaden their businesses.

Prospective investors interested in reducing emissions and maximizing energy resources took a closer look at firms ranging from First Solar Inc., with its market capitalization of $17 billion, to still-private CoalTek, which uses a giant microwave oven to remove moisture from coal

"This is an area where investors see big profits," said Steve Massocca, co-chief executive of Pacific Growth Equities. Watch video from conference.

First Solar drew a standing-room only crowd of about 100 in a W Hotel conference room, with Chief Financial Officer Jens Meyerhoff laying out the company's strategy to mass-produce solar-energy cells that could compete with the cost of residential electricity rates without subsidies within the next five years.

Meyerhoff's comments came as First Solar rallied more than 30% on better than expected earnings, with Wall Street bidding up shares of solar rivals such as SunPower Corp. as well. See full story.

Questions for First Solar from the floor were devoted to when the company would make its first major foray into the U.S. market, and whether it faced shortages of the raw material tellurium, used in making its solar modules.

Meyerhoff said that First Solar is still working on its U.S. strategy as it moves ahead to complete a factory in Malaysia, and that it's not expecting any shortage of tellurium, a metal that's produced as a byproduct in copper mining.

He stressed that it took a long time for First Solar to perfect its production methods, and that other rivals are still years behind.

Meyerhoff credited the role of John T. Walton, a member of the family that founded Wal-Mart Stores Inc. , in financing the company in its early stages. The estate of the late John Walton continues to own a controlling stake in the firm.

"We feel comfortable we have the know-how, and it's taken a long time," he said. "This company had patient money behind it. John Walton believed in us."

Nevertheless, some were still scratching their heads over the stock's quick rise to more than $200 a share from its initial public offering price of $20 a share just 12 months ago.

"If they fall short of their estimates for just one quarter, the stock could be in for a really sharp drop," said one observer, who did not give his name.

Michael Horwitz, the Pacific Growth Equities analyst who introduced many of the presenting companies, said that he was surprised at the level of interest shown in smaller, private firms such as CoalTek, GreatPoint Energy, a coal-gasification firm, and Powerspan, a maker of pollution-reduction equipment for power firms.

After CoalTek presented its business model of removing moisture from coal to make it more clean-burning, a line of prospective investors stood to introduce themselves to the company, seen as a competitor to already public Evergreen Energy Inc.

Later, more than 40 people took up all the seats in a presentation by Odersun, maker of a line of Solar4you tote bags containing solar panels to charge up batteries for cameras, phones or video players.

One attendee, patent specialist Matthew Rappaport of Berkeley, Calif.-based IP Checkups, said that the level of interest from investors evokes comparisons to the Internet bubble of the late 1990s. "There's too much money chasing too few deals," he commented.

Nice!!

Sounds good. I'm in a little higher, but It should overtake my entry w/o any troubles. It was at $10 last spring, and that was before they announced theit software deal with Intel. They are patenting a carbon footprint program that they can market to other power plants. It looks like it is holding real well in this price range, and I am thinking about buying more myself. These things take time, but if they get things going better in the US and get a plant in the works in China, this will go back to $10 or more.

Clean-tech variety show ranges from coal to solar firms
7:26p ET November 8, 2007 (MarketWatch)

SAN FRANCISCO (MarketWatch) -- More than 100 companies attended the Pacific Growth Equities clean-technology conference in San Francisco on Wednesday and Thursday, catering to an eager audience of fund managers, venture capitalists, private-equity firms and even large industrial players searching for ways to broaden their businesses.

Prospective investors interested in reducing emissions and maximizing energy resources took a closer look at firms ranging from First Solar Inc., with its market capitalization of $17 billion, to still-private CoalTek, which uses a giant microwave oven to remove moisture from coal

"This is an area where investors see big profits," said Steve Massocca, co-chief executive of Pacific Growth Equities. Watch video from conference.

First Solar drew a standing-room only crowd of about 100 in a W Hotel conference room, with Chief Financial Officer Jens Meyerhoff laying out the company's strategy to mass-produce solar-energy cells that could compete with the cost of residential electricity rates without subsidies within the next five years.

Meyerhoff's comments came as First Solar rallied more than 30% on better than expected earnings, with Wall Street bidding up shares of solar rivals such as SunPower Corp. as well. See full story.

Questions for First Solar from the floor were devoted to when the company would make its first major foray into the U.S. market, and whether it faced shortages of the raw material tellurium, used in making its solar modules.

Meyerhoff said that First Solar is still working on its U.S. strategy as it moves ahead to complete a factory in Malaysia, and that it's not expecting any shortage of tellurium, a metal that's produced as a byproduct in copper mining.

He stressed that it took a long time for First Solar to perfect its production methods, and that other rivals are still years behind.

Meyerhoff credited the role of John T. Walton, a member of the family that founded Wal-Mart Stores Inc. , in financing the company in its early stages. The estate of the late John Walton continues to own a controlling stake in the firm.

"We feel comfortable we have the know-how, and it's taken a long time," he said. "This company had patient money behind it. John Walton believed in us."

Nevertheless, some were still scratching their heads over the stock's quick rise to more than $200 a share from its initial public offering price of $20 a share just 12 months ago.

"If they fall short of their estimates for just one quarter, the stock could be in for a really sharp drop," said one observer, who did not give his name.

Michael Horwitz, the Pacific Growth Equities analyst who introduced many of the presenting companies, said that he was surprised at the level of interest shown in smaller, private firms such as CoalTek, GreatPoint Energy, a coal-gasification firm, and Powerspan, a maker of pollution-reduction equipment for power firms.

After CoalTek presented its business model of removing moisture from coal to make it more clean-burning, a line of prospective investors stood to introduce themselves to the company, seen as a competitor to already public Evergreen Energy Inc.

Later, more than 40 people took up all the seats in a presentation by Odersun, maker of a line of Solar4you tote bags containing solar panels to charge up batteries for cameras, phones or video players.

One attendee, patent specialist Matthew Rappaport of Berkeley, Calif.-based IP Checkups, said that the level of interest from investors evokes comparisons to the Internet bubble of the late 1990s. "There's too much money chasing too few deals," he commented.

I wrote the co. with legit questions, and they never answered. I sold out. Let it die for all I care. The power plant and all that means nothing if they cannot make a profit and pull themselves out of debt--huge debt I might add.

EEE -amazing chart turnaround play

EEE-this is a big turnaround play. Stock has gone from $15 down to $1 the past couple of years on NO bad news. In fact they are rumored to be getting a Billion dollar project involving their green tech very very soon. Low float, and as you can tell by the chart it is turning up.

Evergreen Energy, Inc., together with its subsidiaries, provides energy, environmental, and economic solutions to industrial and public utility markets in the United States and internationally. Its K-Fuel process uses heat and pressure to physically and chemically transform high moisture and low-Btu coals, such as subbituminous coal and lignite, into lower-emission fuel. The K-Fuel process also reduces mercury content, sulfur dioxide, nitrous oxides, and carbon dioxide emissions. In addition, Evergreen licenses its technology to third parties. The company was founded in 1981. It was formerly known as KFx, Inc. and changed its name to Evergreen Energy, Inc. in 2006. Evergreen is headquartered in Denver, Colorado.

I'm sorry, but this is not all true. It might not be a terrible place to get in, but don't bank on it unless they close a big deal. There is bad news, and the bad news is that they have huge debt, and there is no net income whatsoever. That is why it is where it is. Unfortunately, the billion $ deal is a rumor, otherwise I would consider getting back in. It might be moving up some because somebody does not want to see it going into major penny land. There is already an HSM thread or two on EEE, all this should be a continuation of that thread.

Who knows though. If these rumors pan out, I'm sure it has possibilities. One thing you (and I) have to ask is if there are better places to put the money right now. Are there other companies with better technology since EEE came up with their ides 15 or 20 years ago. OtcGuru (on HSM) made a comment that there are better technologies out there. I called the company regarding that very issue, as well as other issues, and they did not say much on the phone, but told me to email. They have failed to answer my email, so I do not trust them. You might make a $ or two playing the ups and downs though--have fun.

Well, as an enthusiast of flipping, the "buy on rumor, sell on news" is working well for this stock. As long as the news isn't subject to bad news or neutral, keep buying!