Tag: PCG – PG&E Corp.

Should Pattern Energy Shareholders Vote Against the Merger?

by Tom Konrad Ph.D., CFA This morning, hedge fund Water Island Capital called on Pattern Energy (PEGI) Shareholders to vote against the merger with the Canada Pension Plan Investment Board (CPPIB). Water Island claims the merger is undervalued compared to the recently surging prices of other Yieldcos, and that PEGI would be trading at over $30 given current valuations.  There are not a lot of other Yieldcos left, especially if we eliminate those with their own special circumstances.  These are Terraform Power (TERP) which is subject to its own buyout agreement with Brookfield Renewable Energy (BEP), and Clearway (CWEN and CWEN/A) where...
grid storage diagram

Energy Storage as Transmission Explained

by Blackridge Research The latest trend is that power transmission companies around the world are increasingly looking at energy storage technology to defer or replace transmission system upgrades. How this works is energy storage is placed along a transmission line and operated to inject or absorb power, mimicking transmission line flows. Going with names like “virtual transmission” in Australia and “GridBooster” in Germany, projects totaling over 3 GW of capacity are poised to increase system efficiency and reliability across the world. Storage as transmission offers an array of benefits over traditional transmission infrastructure. They are faster to deploy, have smaller footprint,...
NaS Catalina

Lesser Known Battery Chemistries

by Debra Fiakas, CFA The last post Vanadium Flow Battery Companies, featured several companies bringing vanadium redox flow batteries to the market for large-scale energy storage projects.  These highly efficient and long-lived batteries take advantage of the unique properties of vanadium.  There are other interesting chemical mixes on the battery market that could yield returns for investors. Sodium-sulfur There are at least eight different installations of sodium-sulfur or NaS batteries around the world.  One of the largest is the Yerba Buena Energy Storage System owned by Pacific Gas & Electric Company (PCG:  NYSE) in California.  Rated at 4 megawatts or 24 megawatt hours, the system can provide backup electricity...
10 Clean Energy Stocks for 2018, through Nov 30

Ten Clean Energy Stocks For 2018: Quick November Update

by Tom Konrad Ph.D., CFA At the start of November, I abandoned my short-term bearish stance on the market, writing "I’m not confident that the correction is over, but we seem to be heading into a temporary lull, and so I’m going to abandon cash as my top pick for November."  This turned out to be a good call, with my Ten Clean Energy Stocks model portfolio up 4.3% for the month, slightly behind its broad dividend income benchmark, SDY, which was up 4.9%.    Its clean energy income benchmark YLCO gained 1.6%, as did the private portfolio I manage, the...
nuclear power plant

List of Nuclear Energy Stocks

Nuclear energy stocks are publicly traded companies that develop, own, or manage nuclear power plants or the technology and equipment used in such plants. Ameren Corp (AEE) Areva (ARVCF) Brookfield Business Partners (BBU) Cameco Corporation (CCJ) China General Nuclear (1816.HK) Dominion Energy Inc (D) Duke Energy Corp (DUK) Exelon Corp. (EXC) FirstEnergy Corp (FE) Fluor Corporation (FLR) General Electric (GE) Global Power Equipment (GLPW) Global X Uranium ETF (URA) IBC Advanced Alloys Corp (IAALF) International Isotopes (INIS) Kansai Electric Power Co Inc (9503.T) Korea Electric Power Corp ADR (KEP.KS) Lightbridge Corporation (LTBR) Mitsubishi Heavy Industries Ltd (7011.T) PG&E Corp (PCG) Public Service Enterprise Group Inc (PEG) Siemens (SIEGY) Silex Systems Limited (SLX.AX) Toshiba Corporation (6502.T) UR Energy, Inc. (URG) iShares S&P Global Nuclear Energy Index...