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Glycon Garcia

Donald Sadoway: The missing link to renewable energy | Video on TED.com - 0 views

www.ted.com/..._link_to_renewable_energy.html

renewable battery

shared by Glycon Garcia on 27 Mar 12 - No Cached
  • Donald Sadoway: The missing link to renewable energy
  • What's the key to using alternative energy, like solar and wind? Storage -- so we can have power on tap even when the sun's not out and the wind's not blowing. In this accessible, inspiring talk, Donald Sadoway takes to the blackboard to show us the future of large-scale batteries that store renewable energy. As he says: "We need to think about the problem differently. We need to think big. We need to think cheap." Donald S
  • Glycon Garcia on 27 Mar 12
     
    "Donald Sadoway: The missing link to renewable energy Tweet this talk! (we'll add the headline and the URL) Post to: Share on Twitter Email This Favorite Download inShare Share on StumbleUpon Share on Reddit Share on Facebook TED Conversations Got an idea, question, or debate inspired by this talk? Start a TED Conversation, or join one of these: Green Home Energy=Hydrogen Generators-alternative sources Started by Kathleen Gilligan-Smith 1 Comment What is the real missing link in renewable energy? Started by Enrico Petrucco 8 Comments Comment on this Talk 60 total comments Sign in to add comments or Join (It's free and fast!) Sort By: smily raichel 0 Reply Less than 5 minutes ago: Nice smily raichel 0 Reply Less than 5 minutes ago: Good David Mackey 0 Reply 3 hours ago: Superb invention, but I would suggest one more standard mantra that they should move on from and that is the idea of power being supplied by a centralised grid. This technology seems to me to be much more beneficial on a local scale, what if every home had its own battery, then home power generation becomes economically more viable for everyone. If you could show that a system like this could pay for itself in say 5 years then every home would want one. Plus for this to be implemented on a large scale requires massive investment that could be decades away. Share the technology and lets get it in homes by next year. Great ted talk. Jon Senior 0 Reply 1 hour ago: I agree 100%. Localised energy production would also make energy consumers more conscious of their consumption and encourage efforts to reduce it. We can invent and invent all we want, but the fast solution to allowing renewable energies to take centre stage is to reduce the base energy draw. With lower baseline consumption, smaller "always on" generators are required to keep the grid operational. Town and house-l
Wade Ren

The end of Bretton Woods 2? - 0 views

blogs.cfr.org/...the-end-of-bretton-woods-2

2008-crisis economics

shared by Wade Ren on 29 Oct 08 - Cached
  • The Bretton Woods 2 system – where China and then the oil-exporters provided (subsidized) financing to the US to sUStain their exports – will come close to ending, at least temporarily. If the US and Europe are not importing much, the rest of the world won’t be exporting much.
  • And rather than ending with a whimper, Bretton Woods 2 may end with a bang. In some sense Bretton Woods 2 has been on life support for a while now. China’s recent export growth has depended far more on Europe than on the US. US demand for non-oil imports peaked in 2006. One irony of the past year is that the US was borrowing far more from China that it was buying from China. Campaign rhetoric that the US was paying for Saudi oil with funds borrowed from China isn’t far off – though it leaves out the fact that the US also borrows from Saudi Arabia to pay for Venezuelan, Mexican and Nigerian oil.
  • If Bretton Woods 2 ends in 2009 – if US demand for imports falls sharply in the last part of 2008 and early 2009, bringing the US trade deficit down – it won’t have ended in the way Nouriel and I outlined back in late 2004 and early 2005. We postulated that foreign demand for US debt would dry up – pUShing up US Treasury rates and delivering a nasty shock to a hoUSing-centric economy. As Brad DeLong notes, it didn’t quite play out that way. The US and European banking system collapsed before the balance of financial terror collapsed. Dr. DeLong writes: All of US from Lawrence Summers to John Taylor were expecting a very different financial crisis. We were expecting the ‘Balance of Financial Terror’ between Asia and America to collapse and produce chaos. We are not having that financial crisis. Instead we are having a very different financial crisis. Catastrophic failures of risk management throughout the entire banking sector caUSed a relatively minor collapse in hoUSing prices to freeze up global finance to a degree that has not been seen since the Great Depression. The end result of this crisis though could be rather similar: a sharp contraction in credit, a fall in US economic activity, a fall in US imports and a fall in the amount of foreign financing the US needs.* The US government is (possibly) trying to offset the fall in private demand by borrowing more and spending more — but as of now there is realistic risk that the fall in private activity will trump the fiscal stimulUS.
  • ...11 more annotations...
  • Or, to put it more succinctly, Bretton Woods 2, as it evolved, hinged both on the willingness of foreign central banks to take the currency risk associated with lending to the US at low rates in dollars despite the United States large current account deficit AND the willingness of private financial intermediaries to take the credit risk associated with lending at low rates to highly-indebted US hoUSeholds.
  • But now US financial institutions are neither willing nor able to take on the risk of lending even more to US hoUSeholds. For a while the US government was able to ramp up its lending to hoUSeholds (notably through the Agencies) and in the process effectively take over the function previoUSly performed by the private financial system (over the last four quarters, the flow of funds data indicates that the Agencies provided around $800 billion of net credit to US hoUSeholds). But now the US government is struggling to keep the financial system from collapsing. It doesn’t seem like it will able to avoid a sharp fall in the overall availability of credit.
  • It is now clear how the financial sector kept profits up: it took on more risk, as it shifted from borrowing short to buy safe long-term assets (Treasuries and Agencies) to borrowing short to buy risky long-term assets. Leverage in the system also increased (and for some broker dealers that seems to be an understatement), as more and more financial institutions believed that the US had entered into an era of little macroeconomic or financial volatility. The net result seems to have been a truly explosive concentration of risk in the hands of a core set of financial intermediaries in the US and Europe. Securitization – it seems – actually didn’t disperse risk into the hands of institutions able to handle it.
  • I hope that the process of adjustment now underway isn’t as sharp as I fear. The us economy gradually can shift from producing MBS for sale to us investors flush with cash from the sale of safe securities to China and Saudi Arabia to producing goods and services for export – but it cannot shift from churning out complex debt securities to producing goods and services overnight. Indeed, in a slowing us and global economy, improvements in the us deficit will likely come from faster falls in us imports than in us exports – not from ongoing growth in us exports.
  • But right now it looks like there is a real risk that the adjustment won’t be gradual. And it certainly looks like the flow of Chinese (and Gulf) savings to us households over the past few years has produced one of the largest misallocations of global capital in recent history.
  • US taxpayers are going to be hit with a large tab for the credit risk taken on by undercapitalized financial intermediaries. Chinese taxpayers may get hit with a similar tab for the losses their central bank incurred by overpaying for US and European assets as part of its policy of holding its exchange rate down. The TARP is around 5% of US GDP. There are plaUSible estimates that China’s currency losses will prove to be of comparable magnitude. Charles Dumas puts the cost at above 5% of GDP: “Charles Dumas of Lombard Street Research estimates that China makes 1-2 per cent on its (largely) dollar reserves. It then loses up to 10 per cent on the exchange rate and suffers a Chinese inflation rate of 6 per cent for a total real return in renminbi of about minUS 15 per cent. That is a loss of $270bn a year, or a stunning 7-8 per cent of gross domestic product.”
  • Jboss — if some of the Chinese inflow could be redirected into investment in alternative energy, that would indeed be a win/ win. Some infrastructure bank style ideas have promise in my view — basically, the flow that used to go to freddie/ fannie could go to wind farms and the like. I would rather see more adjustment in china (i.e. more investment in Chinese infrastructure) but during the transition, if there is one, to a lower Chinese surplus, redirecting chinese financing toward new energy tech would be offer real benefits.
  • China likes 3rd generation nuclear power. Safe, lower cost than NG or coal, very much lower cost than coal with carbon sequestering, and zero carbon footprint. Wind is about 4X more expensive than our electric costs now. That’s in an area with consistent wind. Solar is worse. I don’t know if we can sucker them into investing in our technical fairy tales. Here’s a easy primer on 3rd gen nukes. http://nuclearinfo.net/Nuclearpower/WebHomeCostOfNuclearPower
    • Wade Ren
      Wade Ren on 29 Oct 08
       
      is this true?
  • btw, solar thermal installations are so easy & affordable to retrofit onto existing structures, it’s amazing that there aren’t more of them here…until you realize that they work to decentralize energy. cedric — china is already doing it in china. they are way ahead of the curve over there. my partner brought back some photos of shanghai — rows of middle class homes each with a small solar panel on top. and that’s just the tip of the iceberg — an architect friend just came back from beijing and wants to move to china (he’s into designing self-powering structures and is incredibly frustrated by the bureaucracy and cost-prohibitive measures in the us).
  • I went to engineering school right after the Arab Oil Embargo, and alternative energy was a hot topic then. All the same stuff you hear of nowadays. They even offered entire courses on it , which I took. Then my first mini career was in the power plant biz, before Volker killed it with interest rates and the Saudies killed any interest in alt. energy with their big oil field discovery. For the last 5 years I’ve been researching what’s changed, and it is frighteningly little. Solar cells are still expensive and only have a 15% conversion efficiency. They developed the new cost reduced film technology, but that knocks down efficiency to 7%. Wind power works where there is wind constantly. Generators are mature technology and are already 90 some percent efficient. Geothermal, tidal, ect. work where they are available. Looks like coal gasification and synfuel is out because it makes too much CO2. Good news is 3rd gen nuclear is way better than 1st gen plants. Hybrid cars are good, and battery technology is finally getting barely good enough for all electric cars to be practical.
  • According to news report today, Japan’s trade surplus is less than 1 billion $ in September 08, a whopping 94% decrease compared to September 07. Does it imply that going forward Japan can not buy as much treasury as before?
Jon Barnes

Mueller Industries posts weaker Q2 earnings - 0 views

groups.diigo.com/trends

shared by Jon Barnes on 22 May 08 - Cached
  • Jon Barnes on 22 May 08
     
    US speciality brass mill Ansonia Copper and Brass Inc. has announced that it will lay off 85 of the 102 employees at its Liberty Street, Ansonia, factory in Connecticut. The plant manufactures copper alloy rod and wires. Company President Raymond McGee said "it's a very, very difficult situation". He blamed the redundancies, on top of 76 employees laid off in April 2007, on the company's struggle with escalating costs. Since 2002 electricity costs have soared 239%, natural gas 200%, fuel oil 125%, and copper and nickel 500% apiece. Ansonia's other facility in Waterbury, CT, which manufacturers copper alloy tube is unaffected by the announcement.
  • ...13 more comments...
  • Jon Barnes on 22 May 08
     
    Tough times in the US brass mill indUStry
  • Ruth Chapman on 28 May 08
     
    Dowa Metanix announces capacity increase Company announces new pickling line and facility renewal Dowa Metanix, the rolled copper maker of the Dowa Metaltech group announced it will invest around ¥2 billion (US$ 19 million) in a new pickling line and renewal facility during the current fiscal year which began in April 2008. The new pickling line is expected to begin operations early in the fiscal year 2009 and the new line and improved facilities are expected to improve the firm's cost competitiveness. The company then said it plans to expand output capacity by 40% to 1,200 tonnes per month by 2010 as it tries to improve productivity to increase its supply for connector pins and semi conductor lead frames.
  • Jon Barnes on 02 Jun 08
     
    In the past few days world leading cablemaker Nexans has announced one acquisition, one new joint venture and one asset disposal. On the 30th May, Nexans acquired Intercond a leading Italian manufacturer of special cables for industrial equipment and subsea applications. The company had sales of €90m and employs 150. "This [€90m] acquisition fits totally in the Group's strategy by increasing the proportion of its business in high value-added special cables", said Gerard Hauser, Chairman and CEO of Nexans. On the 2nd June, Nexans released a press report confirming that it has formed a joint venture to create a wire and cable plant in Qatar, the country's first manufacturing facility. Qatar International Cable Company (QICC) is owned 29% by Nexans with the balance being owned by Special Projects Company and Al Neama Industrial Co. The new plant in the industrial city of Mesaleed, 40km from Doha, and will employ 210 people. By the end of 2009 it will begin manufacturing low and medium voltage cables for buildings and energy infrastructure as well as special cables for the oil and gas industry. This JV will generate sales of $150m per year by 2010 at current copper prices. Finally, Nexans confirmed that it has completed the pre-announced sale of its copper telecom cable plant at Santander in Spain to the British company B3 Cable Solutions for €17m. These three actions continue to refocus the group's strategy on priority market segments.
  • Jon Barnes on 03 Jun 08
     
    Hot on the heels of the news that Nexans was to build a joint venture in Qatar to construct the country's first wire and cable factory , comes today's news that El Sewedy Cables of Egypt is also to build a $150m power cable plant in Qatar. The 30,000tpy capacity plant will start operating at the end of 2009 or early 2010 and will mostly sell to the domestic market. El Sewedy will own 50% of the company and Qataru based Aamal Holding will hold the remainder. El Sewedy is currently building new cable factories in Algeria and Saudi Arabia, with both expected to start later this year.
  • Jon Barnes on 05 Jun 08
     
    Turkish copper semis producer Sarkuysan expects its output of copper products (wirerod, wire, tube and billet) to rise from 185,000 tonnes in 2007 to around 200,000 tonnes in 2008. According to the General Manager Hayrettin Cayci, "The market is forcing us to increase production as demand, particularly in Turkey, is very healthy", adding that demand came mainly from a Turkish property construction boom. "There's a big boom in demand for energy cables. Plus developed European countries have pulled away from cable production and they're mainly supplying from countries like Turkey". However, high copper prices have eroded profit margins so the company is focussing on more higher value products. He expected total Turkish copper demand (refined and scrap) to rise above 500,000 tonnes this year, from 450,000 tonnes now, and by 2010 he expected demand would reach 600,000 tonnes. Refined copper consumption is currently around 300,000 tonnes.
  • Ruth Chapman on 06 Jun 08
     
    The Exsym Corporation, the joint venture between SWCC Showa Holdings and Mitsubishi Cable Industries, has announced plans to expand its exports of ultra high voltage cables to the Middle East and South East Asia. In order to meet this increase in demand, a horizontal sheathing line has been transferred to the company's Aichi plant in Japan. This will bring the number of sheathing lines for ultra high voltage cables at the plant to three, once the transferred line begins commercial operation over the summer. Exsym also plans to renew one of the two conductor stranding lines at the Aichi plant with the new line expected to begin commercial operation in November 2008. With these new lines as well as an increased number of construction staff, copper cable capacity at the plant is expected to grow by around 200 tonnes per month to 1,200 tonnes per month. In the fiscal year 2007, Exsym posted revenue of ¥41 billion ($0.39 billion) with an operating profit of almost ¥2 billion ($0.02 billion). Exports of ultra high voltage cables to the Middle East and South East Asia accounted for around 40% of the total revenue. The company expects the increase in export capacity to increase revenue to ¥43 billion ($0.41 billion) per year by the end of the fiscal year 2010.
  • Jon Barnes on 09 Jun 08
     
    Mitsubishi Shindoh is to invest Yen6-7 billion to expand production of copper strips at its Sambo plant in Osaka, Japan. This will increase capacity from 3,200 tonnes per month (tpm) to 4,200tpm by March 2010. In addition, the company will transfer 800tpm of copper strip production from its plant in Wakamatsu, Fukushima, Japan, bringing total production capacity to 5,000tpm. Mitsubishi Shindoh will also spend Yen6 billion to improve its copper alloy strip capabilities at its Wakamatsu plant. Productive capacity will remain at 6,500tpm, but with an increased ratio of high quality products. As a result, total company capacity will grow by 40% to 11,500tpm. Mitsubishi Shindoh is a copper and copper alloy fabricator within the Mitsubishi Materials Group. Japan mills have recently seen a strong growth in orders from the semiconductor, leadframe, connector and automotive industries, and clearly expect this to continue.
  • Jon Barnes on 10 Jun 08
     
    Hindalco Industries and Sterlite Industries - the two privately owned Indian copper smelter/refinery/rod producers - are considering changing their domestic pricing mechanism for copper due to the dramatic rise in oil prices. At present, a uniform pricing system for customers all over the country is in place, however, the companies are mulling a change to ex-works pricing. This would mean that customers would be charged a different price depending on their delivery destination from the smelter. To balance the recent hike in fuel prices, they had recently started levying a Rs2/kg freight charge across the country irrespective of distance. Diesel is used in firing the furnaces while furnace oil is used in running them. The total fuel cost is estimated at 10-12% of the price of copper, with 1% of this being the transportation cost. The fuel price hike has not affected domestic copper demand as yet, but a prolonged period of this sentiment may hit many developing infrastructure projects badly.
  • Jon Barnes on 12 Jun 08
     
    Jiangxi Copper said it expects Chinese refined copper consumption to grow at 8-10% this year driven by investment in the power industry. Power generation accounts for between 50-60% of all copper used in China. Damage to power generation capacity caused by this year's earthquake in Sichuan province will require a major rebuilding program which will also stimulate copper consumption. Chinese refined copper imports fell by 23% year on year between January and April, however, this decline was at least partly explained by a 23% expansion in Chinese refined copper production during the period. Wu Yuneng, General Manager of JCC Southern Copper said, "We need more concentrate and scrap rather than refined copper".
  • Susanna Keung on 13 Jun 08
     
    Four major Japanese copper tube producers plan to reduce production by 4% year-on-year to 84,220 tonnes in total during the first half of the fiscal year 2008 (April 07-March 08). It is reported that demand for copper tubes has fallen because of the inactive construction industry as well as high copper prices. The construction industry saw a major slowdown last year after the introduction of new building regulations. All four producers expected this weak trend to continue. Sumitomo Light Metal is the only producer who plans to increase its output estimate, but only by 1% year-on-year. Kobelco & Materials Copper Tube says that it would decrease normal tube output for export to adjust the inventory level at its Malaysian operation. Furukawa Electric and Hitachi Cable said they would need to focus more on their commercial tube businesses. It is believed that the tube market has also been hit by substitution from aluminium.
  • Ruth Chapman on 16 Jun 08
     
    As of the 30th May, the Optical Cable Corporation acquired Superior Modular Products Incorporated (known in business as SMP Data Communications) in a deal worth $11.5 million. SMP Data Communications is now a wholly owned subsidiary of the Optical Cable Corporation. The President and CEO of Optical Cable, Neil Wilkin, said the acquisition would enable the company to expand its product offerings with more complete cabling and connectivity solutions, including fibre optic and copper connectivity. SMP Data Communications manufactures more than 2,000 products including cutting edge Category 6a connectivity solutions which offer a 10 Gig throughput.
  • Susanna Keung on 17 Jun 08
     
    A subsidiary of Japanese company Sumitomo Electric Industry Group, Sumitomo Electric Wintec Inc, has recently developed a new type of winding wire. The HGZ is a scratch-resistant winding wire for varnish impregnation for compressor motor. The company has started selling this new type of winding wire. This new development improves the adhesive tendency of varnish which solves the problem of varnish impregnation in fixing coil from traditional scratch-resistant winding wire. It also improves the energy efficiency of motor as it forms coil with higher density. Sumitomo Electric Wintec specialises in copper-based magnet wire and it serves mainly the manufacturers of air conditioners, automobiles, refrigeration equipment and televisions.
  • Jon Barnes on 01 Jul 08
     
    Luvata's ECO-Heatcraft division has launched a new technology for its air conditioning and refrigeration systems based upon using carbon dioxide as a refrigerant. The company believes that, as well as offering zero ozone depletion and less effect on global warming, the use of carbon dioxide can also allow more efficient operation of the system than traditional refrigerants. Luvata claims that, "The higher volumetric efficiency of carbon dioxide (known as R744) means that the cross sectional area of pipes used in heat transfer equipment can be reduced. As a result, equipment has the potential to be smaller, lighter, more efficient and better for the environment". The development of smaller diameter pipes with reduced wall thicknesses would tend to favour existing inner grooved copper tube based designs rather than emerging aluminium based technologies.
  • Jon Barnes on 22 Jul 08
     
    Further evidence of the impact of the North American economic slowdown on copper demand has recently been published by the ABMS and government statistical bodies. North American copper wirerod production plummeted 9.6% year-on-year to 174,000 tonnes in April. Output had been on a downward trend but the magnitude of the deterioration in April has still come as something of a surprise. A year-on-year increase of 2.0% in North American output January had been followed a 1.0% fall in February and a 2.7% drop in March. In April Canadian output was flat year-on-year due to improving export sales to the US, while US production fell 9.8% year-on-year and Mexican shipments slumped by 17.5%. On a year-to-date basis North American wirerod production was 2.9% lower in the four months to April 2008. Weakening demand from the automotive indUStry, coupled with a resurgance in copper prices and the return of RUSsian wirerod imports has clearly led to a deteriorating market situation for domestic mills.
  • Jon Barnes on 23 Jul 08
     
    Mueller Industries second quarter results highlight the tough times that the us brass mill industry is facing, but that companies can still operate profitably in a challenging market environment. The company's plumbing and refrigeration segment saw sales fall 11% to us$404m, while its operating profits dropped 32% to us$35m. The company blamed lower shipment volumes and lower spreads for the weaker performance. Sales at the company's OEM division, which includes its brass rod activities, rose 10% year-on-year to us$354m, while its operating profits rose 5% to us$19m. The improvement here is due to acquisition of Extruded Metals. Commenting on the results Harvey Karp, Chairman of Mueller Industries said "Mueller's earnings for the first half of 2008 were achieved despite the continuing decline in the housing industry, the sub-prime mortgage meltdown, the turbulence in the financial markets, rising metal costs, sky-high energy prices and a slowing national economy. Considering these adverse circumstances, we are pleased with the results."
xxx xxx

Solar Cooling - 0 views

www.refrige.com/...menu-id-2477.html

energy solar

shared by xxx xxx on 04 Aug 08 - Cached
  • xxx xxx on 04 Aug 08
     
    Compared to other solar energy applications, solar cooling is a relatively new, but growing, technology. Many projects using the technology are still for the purposes of demonstration only, but a growing number of systems are being implemented all over the world for conventional use. In order to give an insight into this innovative technology, detailed information about the possible technical applications of solar cooling systems is provided in this section.\n\nPassive solar cooling, based on bioclimatic strategies such as sun protection using natural screening devices or increased cooling by using ponds or water basins o the roof or close to the external walls, is widely applied and should be the first step to take in cooling a building. Such measures are easier and less costly to implement, they decrease the need for additional cooling and, therefore, for additional energy demand (and also for investment). Sufficient insulation of the building also decreases the need for cooling, as well as for heating.\n\nIf the outcome of these measures is not sufficient in itself, a solar assisted cooling system may be an intelligent solution. In solar assisted cooling systems solar heat is used to drive the cooling process for air conditioning in buildings. Instead of using electricity, free solar thermal energy is used for cooling through a thermal-chemical sorption process.\n\n
xxx xxx

Barclays Capital Invests in Mainstream Renewable Power - 0 views

www.renewableenergyworld.com/...story

energy

shared by xxx xxx on 13 Aug 08 - Cached
  • xxx xxx on 13 Aug 08
     
    Mainstream Renewable Power, a renewable energy company led by Airtricity founder Eddie O'Connor, has announced the successful closing of a €40 million [US $59.6 million] equity fundraising in which Barclays Capital have invested €20 million [US $29.8 million] for a 14.6% stake in the company. The board, management and staff of Mainstream, as well as close associates of the company, have invested an additional €20 million [US $29.8 million]. Together with the initial seed capital of €32 million [US $47.75 million], this brings the total equity raised to date to €72 million [US $107.43 million]. The company is also planning a major fundraiser later this year, with Barclays Capital committing to invest a further substantial amount at that stage. As part of the deal, Mark Brown, head of Barclays Capital Commodities Principal Investment team has been appointed to the board of Mainstream. The money will be USed to fund the company's international expansion plans across Europe, North and South America and AUStralia and will be USed to secure the supply of turbines to be delivered in 2009, 2010 and 2011. In June, Mainstream announced its plans to build an initial pipeline of 240 megawatts of projects in Chile with its partner Andes Energy.
Susanna Keung

USA - BrUSh Engineered Materials Q2 sales declined 29% year on year - 0 views

investor.shareholder.com/...releasedetail.cfm

Brush Engineered sales copper alloy

shared by Susanna Keung on 03 Aug 09 - No Cached
  • Susanna Keung on 03 Aug 09
     
    Ohio-based supplier of specialty copper alloy products Brush Engineered Materials Inc. reported second quarter results. Q2 2009 sales were us$174.1 million, 29% lower than the same period a year ago but an improvement of 29% from the first quarter this year. Net loss was us$0.8 million versus net income of us$7.2 million in Q2 2008. The Specialty Engineered Alloys segment reported Q2 sales of us$41.2 million, compared to sales of us$83.0 million the same period in 2008. Operating loss for Q2 was us$9.3 million compared to an operating profit of us$4.8 million a year ago. The decline in segment sales was primarily due to the effect of the severe global recession in key markets including telecommunications, computer, automotive electronics, oil and gas, aerospace and heavy equipment. A portion of the decline was due to lower metal prices. The company is foreseeing an improving order book and is expecting to generate a slight profit in Q3 this year with higher sales volume and positive impact from its cost-reduction activities.
Panos Kotseras

Japan - Furukawa Electric announces sales results for Q1 FY2009 - 0 views

online.wsj.com/...BT-CO-20090804-701372.html

Furukawa sales results

shared by Panos Kotseras on 04 Aug 09 - Cached
  • Panos Kotseras on 04 Aug 09
     
    Furukawa Electric announced that in Q1 of fiscal year 2009 it suffered group net losses of Y3.51 billion (US$37.1 million) compared with profits of Y6.89 billion (US$72.7 million) in the same period of 2008. Revenues in Q1 FY2009 amounted to Y166.74 billion (US$1.76 billion) vs. Y287.04 billion (US$3.03 billion) realised in the same period of 2008. For H1 FY2009, the company is expecting to achieve group revenues of Y376.00 billion (US$3.97 billion) whilst for the full FY2009 Y807.00 billion (US$8.52 billion).
Susanna Keung

USA - International Wire announced second quarter results - 0 views

itwg.client.shareholder.com/releasedetail.cfm

international wire results sales copper

shared by Susanna Keung on 11 Aug 09 - No Cached
  • Susanna Keung on 11 Aug 09
     
    International Wire Group announced results for the second quarter ended 30 June 2009. Net sales for the quarter were US$102.0 million, compared to US$199.9 million for the same period in 2008. The decline was due to a lower copper price and decreased volume. Operating income for the second quarter was US$1.3 million compared to US$10.9 million. The lower income was attributed to lower sales volume in all bUSiness segments but was partially offset by operating cost reductions and lower selling and administrative expenses. Net loss was US$0.9 million, compared to net income of US$5.6 million.
xxx xxx

Fuel Cells for Portable Electronics, and Beyond - 0 views

www.renewableenergyworld.com/...story

shared by xxx xxx on 30 Jul 08 - Cached
  • xxx xxx on 30 Jul 08
     
    Hydrogen fuel-cell cars have received a great deal of attention over the years as a clean alternative to petroleum-based transportation, producing only water for exhaust. Certainly the technology is known. Demonstration vehicles have been produced by several manufacturers and Honda is starting to roll out a fleet of 200 FCX Clarity fuel-cell cars, available for lease to select customers for us $600 per month. These autos are costing Honda hundreds of thousands of dollars each though, according to Honda's president Takeo Fukui (Wall Street Journal, June 16 2008), and it will take another decade before their cost falls below us $100,000. Although fuel-cell cars remain a long way from providing commercially viable transportation for the vast majority of people, cars are not the only application for fuel cells. Fuel cells are reaching commercial viability sooner in other applications such as portable electronics, including laptops, cell phones, MP3 players and games, aiming to supplement the ability of batteries to power these mobile devices for extended periods of time. There are a number of reasons why fuel cells may prove more competitive in portable electronics than in cars, including the favorable cost, lifetime requirement and easier distribution in this market. One of the companies developing fuel-cell technology for portable electronics is Polyfuel, using its proprietary hydrocarbon membrane technology for direct methanol fuel cells. The cost of power for portable electronics, according to Polyfuel president and CEO Jim Balcom, is up to us $10,000 per watt, compared with us $20-50 for autos, making portable electronics a much more attractive market than cars initially.
Panos Kotseras

US - Mueller's 2008 sales results - 0 views

www.muellerindustries.com

Mueller 2008 sales

shared by Panos Kotseras on 05 Feb 09 - Cached
  • Panos Kotseras on 05 Feb 09
     
    Mueller Industries, Inc. has announced its sales results for 2008. Net income in 2008 amounted to us$ 80.8 million, compared with us$ 115.5 million realised in 2007. Net income in Q4 2008 reached us$ 7.8 million compared to us$ 28.8 million in the same period in 2007. The company attributed the sharp contraction in its Q4 income mainly to weak shipments and the lower average cost of copper. The plumbing and refrigeration segment has been hit by slowing demand and higher per unit conversion costs on lower production volumes. In addition, European copper tube activities were interrupted for approximately four weeks due to a fire. In response to the ongoing economic crisis, the company's strategy for 2009 is to readjust operations and reduce costs.
Colin Bennett

Why an Intelligence Explosion is Probable - 0 views

ieet.org/...loosemore20110322

trends copper

shared by Colin Bennett on 24 Mar 11 - No Cached
  • But if nature was forced to use the pipes-and-ion-channels approach, that leaves us with plenty of scope for speeding things up using silicon and copper (and this is quite apart from all the other more exotic computing substrates that are now on the horizon).  If we were simply to make a transition membrane depolarization waves to silicon and copper, and if this produced a 1,000x speedup (a conservative estimate, given the intrinsic difference between the two forms of signalling), this would be an explosion worthy of the name.
  • Colin Bennett on 24 Mar 11
     
    "But if nature was forced to use the pipes-and-ion-channels approach, that leaves us with plenty of scope for speeding things up using silicon and copper (and this is quite apart from all the other more exotic computing substrates that are now on the horizon). If we were simply to make a transition membrane depolarization waves to silicon and copper, and if this produced a 1,000x speedup (a conservative estimate, given the intrinsic difference between the two forms of signalling), this would be an explosion worthy of the name."
Piotr Ortonowski

France - Nexans to invest US$80M in high voltage cable projects in the US - 0 views

www.pr-inside.com/xtra-high-voltage-r2699051.htm

US extra high voltage copper cable

shared by Piotr Ortonowski on 07 Jul 11 - No Cached
  • Piotr Ortonowski on 07 Jul 11
     
    Nexans, a leading cable manufacturer, has announced plans to develop an underground Extra High Voltage (EHV) cable manufacturing plant in the US, which is expected to be commissioned in the summer of 2013. The company also intends to extend its submarine High Voltage (HV) activities. Investment is expected to amount to US$80M. Nexans hopes that the facilities will allow it to meet the growing demand from the EHV and HV cable market in the US.
Matthew Wonnacott

Mueller report stronger profits in Q4 2012 - 0 views

www.muellerindustries.com/investors

Copper trends US construction tube

shared by Matthew Wonnacott on 29 Feb 12 - No Cached
  • James Wright on 29 Feb 12
     
    Mueller Industries Inc., the us based copper tube and fittings manufacturer, announced its end of year 2011 results, reporting net sales of us$491M in Q4 2011, down from us$527M in Q4 2010. The company attributed us$11M of the diffrence in net sales between Q4 2011 and the previous year period to a decline in the copper price. us$25M of the difference was attributed to lower unit shipment volumes, of which, the plumbing and refrigeration sectors accounted for us$14M. The company is optimistic that new housing starts will continue to rise through 2012, boosting copper tube demand.
  • James Wright on 30 Aug 12
     
    Mueller Industries, a leading producer of copper tubes and brass products, reported net sales of $594.1M in Q2 2012. After accounting for changes of metals prices, this represents a decline of 1% y-o-y. The contraction was partially offset by a slightly higher sales volume y-o-y.
  • Matthew Wonnacott on 07 Feb 13
     
    Mueller Inc, the US-based manufacturer of plumbing and commercial copper tube, announced on 5th February that its operating revenue for the fourth quarter of 2012 increased by 27.1% y-o-y, to USD16.4M, compared to the same period in 2011. CEO Greg Christopher said that the company is heavily dependent on the hoUSing and commercial construction sector, and after five years of decline and stagnation," the indUStry finally appears to be gaining positive momentum."
Piotr Ortonowski

US - Golden Dragon circumnavigates US anti-dumping regulations by setting up copper tube operations in the US - 0 views

www.metalbulletin.com/...uminium-tube-substitution.html

US China anti dumping tube

shared by Piotr Ortonowski on 09 Feb 12 - No Cached
  • Piotr Ortonowski on 09 Feb 12
     
    It was reported that US State authorities have signed an agreement with China headquartered Golden Dragon Precise Copper Tube Group Inc. for the construction of a new copper tube plant in Wilcox County, Alabama. Development of the facility will involve an investment of US$100M, however, the production capacity of the operation is not yet known. This follows September news that the company had not broken ground at its proposed US$100M, 45,000t/y copper pipe and tube project in neighbouring Clarke County, Alabama. The delay was attributed to a larger than originally anticipated site requirement, leading to the development of new plans to relocate the facility. Production will supply the US heating, ventilation, refrigeration and air conditioning sector.
Susanna Keung

Encore Wire Corporation announced results for Q2 2008 - 0 views

www.encorewire.com

shared by Susanna Keung on 24 Jul 08 - Cached
  • Susanna Keung on 24 Jul 08
     
    Encore Wire's six months ended 30th June 2008 net sales were US$604.6M, an increase of 1.7% from same period last year. The increase appears to be the result of higher prices of building wire. Net income was US$15Mfor the six months ended 30thJune 2008 versUS US$26.1M in 2007. In Q2, net sales were US$322.8M versUS US$333.6M same period last year. Net income for Q2 was US$1.3M compared to US$19.7M in Q2 2007. Encore Wire said that the slowdown in construction activity in the US continues to impact their bUSiness as it has over the last two years. Moreover, a number of competitors in the indUStry have responded to the downturn by cutting wire prices to maintain market share.
xxx xxx

Superconductor cables giving LIPA energy efficiency - 0 views

investing.businessweek.com/research/stocks/news/article.asp?docKey=600-200806260648KRTRIB__BUSNEWS_28240-1LKOJS90DGBJKTCH6PS5IOTDTT&params=timestamp||06/26/2008%206:48%20AM%20ET||headline||Superconductor%20cables%20giving%20LIPA%20energy%20efficien

copper superconductor

shared by xxx xxx on 18 Jul 08 - Cached
  • It looks ordinary, like a razor-thin metal ribbon. But the high-temperature superconductor power transmission cable the Long Island Power Authority recently installed in Ronkonkoma revolutionizes how electricity is delivered, utility and federal officials said.
  • The cable -- which is a fraction of the size of a traditional copper wire but can carry three times the power -- made its ceremonial debut yesterday with officials from LIPA, the U.S. Department of Energy and officials from the company that makes the cable. It went online April 22, the world's first use of the new technology in a commercial power grid. Utilities around the world are looking at superconductivity to improve efficiency of their grids and make them less vulnerable to blackouts. LIPA has buried three 2,000-foot wires in its right-of-way, and it will be installing a second generation of the wire in the same area as a test.
  • The wire, manufactured by American Superconductor Corp., conducts 150 times the electricity of the same sized copper wires, strand-for-strand. This means transmission cables can be far smaller and still conduct as much as three to five times more power in a smaller right-of-way. When operated at full capacity, the 138-kilovolt cable LIPA uses is capable of transmitting up to 574 megawatts of electricity, enough to power 300,000 homes. The Department of Energy has funded $27.5 million of the $58.5 million cost of the project as part of its effort to spur creation of a modern electricity superhighway free of bottlenecks and that transmits power to customers from remote generation sites such as wind farms.
  • ...1 more annotation...
  • Superconducting technology relies on a phenomenon first identified in 1911. When chilled sufficiently by a recirculating coolant -- liquid nitrogen in LIPA's case -- superconducting material loses virtually all resistance to the flow of the alternating current used in a commercial power grid.
  • xxx xxx on 18 Jul 08
     
    It looks ordinary, like a razor-thin metal ribbon. But the high-temperature superconductor power transmission cable the Long Island Power Authority recently installed in Ronkonkoma revolutionizes how electricity is delivered, utility and federal officials said. The cable -- which is a fraction of the size of a traditional copper wire but can carry three times the power -- made its ceremonial debut yesterday with officials from LIPA, the U.S. Department of Energy and officials from the company that makes the cable. It went online April 22, the world's first use of the new technology in a commercial power grid. Utilities around the world are looking at superconductivity to improve efficiency of their grids and make them less vulnerable to blackouts. LIPA has buried three 2,000-foot wires in its right-of-way, and it will be installing a second generation of the wire in the same area as a test. "We view superconductor power cables as an important option that will help us further enhance the reliability of our grid as we meet our customers' increasing demands for electric power," LIPA chief executive Kevin Law said. He said the new cable allows the utility to increase capacity where its system has bottlenecks while increasing reliability and longevity and lowering costs. The wire, manufactured by American Superconductor Corp., conducts 150 times the electricity of the same sized copper wires, strand-for-strand. This means transmission cables can be far smaller and still conduct as much as three to five times more power in a smaller right-of-way.
Colin Bennett

China reverting to form as the world's workshop - 0 views

www.ft.com/...3a-11dd-808f-0000779fd18c.html

china manufacturing trends

shared by Colin Bennett on 12 Aug 08 - Cached
  • Colin Bennett on 12 Aug 08
     
    China is set to overtake the US next year as the world's largest producer of manufactured goods, four years earlier than expected, as a result of the rapidly weakening US economy. The great leap is revealed in forecasts for the Financial Times by Global Insight, a US economics consultancy. According to the estimates, next year China will account for 17 per cent of manufacturing value-added output of $11,783bn (£6,130bn) and the US will make 16 per cent.
xxx xxx

US Government Investing up to US $24M To Bring Solar Energy Online - 0 views

www.renewableenergyworld.com/...story

hybrid solar

shared by xxx xxx on 25 Aug 08 - Cached
  • xxx xxx on 25 Aug 08
     
    The U.S. Department of Energy (DOE) Principal Deputy Assistant Secretary for Energy Efficiency and Renewable Energy John Mizroch announced recently that the DOE will invest up to US $24 million -- subject to the availability of funds -- to develop solar energy products that will hopefully accelerate the penetration of solar photovoltaic (PV) systems in the United States. \n\nWhen the projects are combined with the overall indUStry cost share of up to US $16 million, more than US $40 million in total could be invested in these SEGIS projects, with future federal funding subject to appropriations from Congress.\n\nThe Solar Energy Grid Integration Systems (SEGIS) projects will provide critical research and development (R&D) funding to develop less expensive, higher performing products to enhance the value of solar PV systems to homeowners and bUSiness owners. These projects are integral to the Solar America Initiative, which aims to make solar energy cost-competitive with conventional forms of electricity by 2015. \n
Susanna Keung

Japan - Fujikura announced first quarter sales declined 28.7% - 0 views

www.fujikura.co.jp

japan wire cable fujikura sales

shared by Susanna Keung on 10 Oct 08 - Cached
  • Panos Kotseras on 10 Oct 08
     
    Fujikura Dia Cable (FDC), the joint venture of Fujikura and Mitsubishi Cable Industries, announced a 14% year-on-year decline in their building cables shipment for the period April-September 2008. FDC describe the current situation as a difficult one, especially due to weak demand. The manufacturer, facing decreased inventory value due to falling copper prices, has to sell at relatively low prices reducing profit margins. FDC cable shipments fell by 8% in 2007 and the initial target for 2008 was to grow back to the 2006 level. However, this was revised down because of sales results. Overall profitability is also affected by rising prices of insulating and sheathing materials.
  • Susanna Keung on 05 Aug 09
     
    Japanese electric wire and cable manufacturer Fujikura Ltd reported consolidated financial results for the first quarter ended 30 June 2009. The company achieved sales of ¥112.93b (US$1.19b) for the first quarter, 28.7% lower than the same period a year ago. Operating income for the first quarter was ¥1.84b (US$19.4m), 50.3% lower than the year-ago level. Net income for the same period was ¥111m (US$1.17m), 94.3% lower than a year ago. The company is expecting to make a net loss of ¥800m (US$8.43m) for the first half ending 30 September 2009.
Panos Kotseras

US - Copper imports fell by 14.2% y-o-y in the first 11 months of 2008 - 0 views

www.thomsonreuters.com

US copper imports

shared by Panos Kotseras on 16 Jan 09 - Cached
  • Panos Kotseras on 16 Jan 09
     
    According to the United States International Trade Commission, US copper imports in November rose by 2.5% m-o-m to 50,992 tonnes, compared with 49,737 tonnes in October. The rise in the imported quantity of copper is not attributed to an increase in physical demand for the red metal, but to the narrowing Comex-LME arbitrage ratio that favoured imports. The physical demand for copper is suffering from ongoing weakness due to the downturn in the US construction, manufacturing and automotive indUStries. As a result, in the first 11 months of 2008 US copper imports have contracted by 14.2% to 661,918 tonnes, compared to 771,125 tonnes in the same period of 2007.
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