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Small-Cap Energy Companies California’s New Energy Boom
Geothermal energy accounts for about 9,300 megawatts of the world’s electricity. That adds up to 60 million people in 24 countries who are getting their power from the Earth’s heat. In the United States, more than 2,800 megawatts of electricity from geothermal plants supplies four million people in Alaska, California, Hawaii, Nevada and Utah. Six percent of California’s power comes from geothermal sources, where 15 new projects are under development. Progressive, nuclear-free California is the perfect place for geothermal expansion. The state of California will require 20% of electricity sales to come from renewable resources by 2010. In 2006, 15% of all electricity used in California came from geothermal, wind, solar and small hydro. *************************** Big Gains from “Worthless” Oil Find out how one penny stock will soon begin to transfer the world’s “junk oil” into pure profit… But you have to hurry: It gained more than 11% during yesterday’s trading session alone. Here are the details. *************************** On top of this, The Geysers in Northern California is the largest geothermal development in the world. And there’s one small company that’s paving the way for geothermal expansion. You may be familiar with Calpine Corp. (CPNLQ: OTC BB). Calpine became the world’s biggest geothermal power provider in the late 1990s after completing the largest IPO ever for an independent energy provider in 1996. This alternative energy star declared bankruptcy in 2005 and was eventually de-listed from the NYSE. And as this former giant rebuilds, one tiny competitor is preparing for operations at The Geysers, as well as a second location on the West Coast. Unfortunately, I can’t divulge the name of this bulletin board gem in this forum. It’s just too small and too illiquid to reveal to a large audience. ********Special Alert******** Get Gold for less than One Penny per Ounce Even if $600 gold hits $2,000 by the end of 2008...here's a hidden way you can get in for less than one cent per ounce... If you're skeptical, I completely understand. That's why I'd like your permission, over the next few minutes, to show you the math. I'll explain how this works. Then you can decide for yourself… Read on… *************************** Currently, the company is pursuing two projects that are under development. One of them is a $100 million geothermal facility at The Geysers in Northern California that is projected to go online sometime before the end of the decade. This will be just what California needs to fulfill its green energy needs as 2010 approaches. We’ll be watching to see how the power giants respond to these developments. Buyouts and consolidation could be eminent in the near future. We could even see geothermal power expand beyond areas like The Geysers. Modern technology and advanced drilling should allow these kinds of operations to spread to locations where geothermal power was thought to be impossible. Best, P.S.: You can get the name of this future force in power by subscribing to my new Bulletin Board investment service. But you’ll have to hurry — I can only accept a limited amount of readers. E-mail psfortunes@agorafinancial.com to reserve your spot. P.P.S.: Market update: I have just received substantial evidence that the housing bust isn't over. In fact, this report shows for a fact that there is a second wave that could cost all homeowners 43% of their house's value. To really save you and your family from this horrible inevitability, click here. |
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Greg Guenthner is the editor for Penny Stock Fortunes and has helped in developing the Million Dollar Portfolio... <click here for full bio> |
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