NewPowerx

whirrtarragonElectronics - Devices

Nov 21, 2013 (3 years and 7 months ago)

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Sam Jones

President All Season Financial

Renewable
Energy and
Clean Tech
Investing

My Goal :



To show you why clean tech is a new and
permanent industry


To show you why the opportunity to invest
in this sector is real and timely


To show you how and where to put your
money

Agenda



The Case for Clean
T
echnology


Current Industry Trends vs Stocks


Criteria for Investment Selection


DIY Best Bets


The New Power Fund Business Model


The Case for Clean Tech


Triple Bottom Line


Andy Savitz

The Case for Clean Tech


“Time
to Wake Up:
The Days
of Abundant
Resources
and Falling
Prices Are Over
Forever”








-
Jeremy Grantham



April 2011 GMO Report

The Case for Clean Tech


Economic case is rooted in growing
problem of resource scarcity and
parabolic global population growth.



Scarcity = rising prices, disruptive
shortages, bad behavior (war) and a
catalyst for change


The Case for Clean Tech

The Case for Clean Tech

Developing countries
are BIG and GROWING
consumers of the world’s
natural resources.

The Case for Clean Tech

The Case for Clean Tech

Clean Tech (aka Renewable Energy) through substitution
effects, efficiency and
reduced demand
has the
potential to shift the supply line (back) to the right and
reduce the price of energy.

The Case for Clean Tech

The Case for Clean Tech

The Case for Clean Tech


Environmentally
-

obvious


A world based on
hydrocarbons is messy, dirty,
inefficient and expensive


Clean and green will not
save the planet but it will give
the inhabitants a fighting
chance

The Case for Clean Tech


Equity
-

Social


Centralize energy and food is inherently
authoritarian


Distributed energy is inherently
democratic as it also distributes cost
control to the consumer


Clean tech, clean energy is really about
empowerment



The Case for Clean Tech


Clean Tech/Energy
=

A Sustainable Future

Industry Trends


Highlights in the last 12 months


17 GW of solar installed in the US in 2010


Energy Secretary Chu’s “Sunshot Initiative”
designed to “drive down the cost of PV
aggressively with aid from the white house”


24 states now have RPS policies with
mandates of 76GW increase in power
generated from renewables by 2025.


Prop 23 was shot down in CA which means
RPS guidelines are going to stick.

Industry Trends


More Highlights



last decade


Solar CAGR = +39.8% ($2B to $71B)


Wind CAGR = +31.2% ($4B to $60B)


New Green building standards


New Smart Grid communities

Industry Trends

Vs Stock Trends

Clean Energy ETF (PBW)
since inception 3/2005 to
date
.

S&P 500 index

Vs Stock Trends

Wind ETF (PWND)

Solar ETF (TAN)

Global Clean Tech
ETF (GEX)

Renewable
Energy
s
tocks are
somewhere
around here



Video on Light
-
weighting

Vs Stock Trends

Clean Tech Sectors Doing Well NOW



Smart Grid Infrastructure


Utilities that own and distribute clean
energy and are ahead of
RPS


Energy Efficiency companies


Efficient Transportation Technologies,
Fuels



Smart Grid




Demand/Response System

Smart Grid Gadgets

Stock Trends

Televent GIT (TLVT)

Smart Grid infrastructure

+292%

Powershares Clean Energy
ETF (PBW)

Vs Stock Trends

ABB LTD

(ABB)

Smart Grid
Player +330%

Powershares Clean Energy
ETF (PBW)

Vs Stock Trends

Seimans ADR (SI)

Smart Grid +++

+ 89%

Powershares Clean Energy
ETF (PBW)

Vs Stock Trends

American Superconductor

OUCH!

Smart Grid Player


74% since Feb
1
st

(the day Jim Cramer
recommended it!)

Powershares Clean Energy
ETF (PBW)

Vs Stock Trends

Avista (AVA)


regulated Utilities that
are ahead of the
curve and own their
own power
generation +72%

Powershares Clean Energy
ETF (PBW)

Vs Stock Trends

Companhia
Energetica ADR
(CIG)

Brazilian Utility
+444% (10.84%
annual div)

Powershares Clean Energy
ETF (PBW)

Vs Stock Trends

Veeco Instruments (VECO)

Energy Efficiency +248%

Powershares Clean Energy
ETF (PBW)

Vs. Stock Trends

Johnson Controls (JCI)

Energy Efficiency +121%

Powershares Clean Energy
ETF (PBW)

Vs. Stock Trends

Westport Innovations

(WPRT)

CNG Engines


Great companies on potential
buys for New Power Fund

Company

Symbol

YTD %

Sector

EnerNoc, Inc

ENOC

-
34%

Smart Grid

Comverge

COMV

-
59%

Smart Grid

Solazyme

SZYM

IPO (+22%)

Alt

Air Fuels

A123

Systems

AONE

-
48%

Batteries

Ormat

ORA

-
23%

Geothermal

Tata Motors

TTM

-
27%

Automotive

Tesla

Motors

TSLA

+3%

Automotive

3

Emerging Trends in Clean
Technology


Lighting
-

from CFLs to LEDs


Integrated Solar, wind and
natural gas systems


Clean aviation fuels

Criteria for Selection

high level requirements


A.
Does it save money or improve net
revenue within 3
-
5 years?

B.
Does it improve quality of life, products,
services?

C.
Does it accomplish A. and B. without a
heavy dependence on resources, tax
rebates or burden on the environment?

D.
Competitive advantage is not as critical
as proof of business model and growth


Criteria for Selection

t
echnical considerations



Is the price moving UP?


Use 50 and 200 day moving averages


DIY Best Practices


A.
Avoid stock picking unless you have a
lot of experience

B.
Use Mutual Funds and ETFs

C.
Be a Trend Follower, own it when it’s
going up! Buy Low, Sell High and
monitor all holdings regularly

D.
Not more than 20% of total portfolio




DIY Best Practices




ETF Options


TAN


Solar ETF


FAN


Wind ETF


PUW


Nat Gas and Clean Energy ETF


GEX


International Clean Tech ETF

Mutual Fund Favorites


New Alternatives Fund (NALFX)


Winslow Green Growth (WGGFX)


$ Invested

In strategy

= Talking Green

= Water Monster

= Re
-
Tree

10% of total

Fees donated


To Education



(Sustainability)

Return on

Investment


Attract New

Investors



Visible presence



promoting


sustainability



New Power Fund

Recent Sponsorships



Talking Green


YVSC

Water Monster


YVSC

Re
-
Tree


YVSC

Denver Coop Preschool



Recycling

Rocky Mountain Institute

-

National Solutions Council

Takeaways


Resource Scarcity is a permanent driver of
the clean tech industry


Longer term investors should consider
accumulating
renewable
e
nergy
stocks
at these levels.


There are productive investments in
Efficiency, Utilities, and smart grid NOW.


Pay attention to trends in the industry and
price trends in your investments



Questions?


Copy of this presentation?


Interest in an investment group/club?