- Published: 28 January 2014
- Written by Investor Ideas
WARWICK, RI - January 28, 2014 (Investorideas.com renewable energy stocks newswire) Powerdyne International, Inc. (OTC:PWDY), a manufacturing company that builds and leases electrical generation equipment, today announced that Murphy Analytics LLC, a prominent small cap research boutique led by Patrick J. Murphy has commenced research coverage of Powerdyne International, Inc. The analyst report is available here: www.powerdyneinternational.com
The report highlights the fact that energy consumption will continue to increase (28% in electricity consumption from 2012 to 2040 according to the Energy Information Administration), and there are "significant opportunity for alternative sources of electricity generation" such as those manufactured by Powerdyne International, Inc.
The report states:
As a manufacturer of portable, scalable electricity generators powered by natural gas (as well as other fuels), PWDY is targeting a market in which large scale economic trends are creating significant opportunity for alternative sources of electricity generation to be consumed by a wide range of potential municipal, industrial and commercial clients
About Powerdyne International, Inc.:
Powerdyne International, Inc. is a manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent and trademark pending).
PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, it can be used for emergency back-up power generation and is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.PowerdyneInternational.com
This release may contain "forward-looking statements" that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company's current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Contact:
Powerdyne International, Inc. This email address is being protected from spambots. You need JavaScript enabled to view it.
More from the Report:
Powerdyne International, Inc. – January 22, 2014 PWDY Products Target Opportunity Created by a Convergence of Fundamental U.S. Economic Market Dynamics Select Stock Trading Data Recent Stock Price $0.0126 Shares Outstanding: 195.42 million Float 28.77 million Recent Market Cap: $2.46 million 52 Week Range: $.007 - $0.20 Exchange: OTCBB Ticker: PWDY
URL: http://www.powerdyneinternational.com/
Data sourced from Yahoo! Finance; otcbb.com; Company filings
Powerdyne International, Inc is a development stage manufacturing company that builds and leases electrical generation equipment including its own portable electrical power generation equipment called PDIGenset (which is patent trademark pending). PDIGensets are designed to be installed at virtually any location. The genset is leased and maintained by PDI. Although the company's target customer will typically use its PDIGenset to produce its own primary electrical power, the genset is designed to be useful in any situation where reliable power is needed. PDI is founded with the objective to produce primary electrical power using proprietary technology to power electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its cost of generating electricity over its customer's current cost will result in substantial savings to the customer.
As forecast in the U.S. Energy Information Administration's (EIA) recently released Annual Energy Outlooki, factors such as economic structural changes, higher electricity prices, mandated environmentally friendly standards, and improved efficiencies are expected to slow the rate of growth in electricity consumption. However, from 2012 to 2040, the EIA still expects an increase of 28% in electricity use which is forecast to grow from 1.8% of GDP currently to 2.4% of GDP in 2040.
While it seems reasonable to expect that electricity demand will create market opportunity for PWDY products, it's also important to consider what may happen to price and demand for the fuels that power those products. The following conclusions from the EIA report address the outlook for natural gas in particular:
- "Growing domestic production of natural gas and oil continues to reshape the U.S. energy economy...
- With continued growth in shale gas production, natural gas becomes the largest source of U.S. electric power generation, surpassing coal by 2035, and boosting production and natural gas consumption in manufacturing.
- Strong growth in domestic natural gas production supports increased exports of both pipeline and liquefied natural gas. With strong growth in domestic oil and gas production, U.S. dependence on imported fuels falls sharply..."
While an increase in the use of, and demand for, natural gas for electricity generation, transportation and industrial uses would seem to imply that prices must increase, the EIA cites massive expected increases in shale gas production as a driver for keeping prices low. With 2012 U.S. dry natural gas production estimated at approximately 25 trillion cubic feet in 2012, the EIA expects U.S. production to surpass 100 trillion cubic feet by 2040, with shale gas accounting for approximately half of that production resulting in modest expected increases in natural gas prices enabling the U.S. to remain a net exporter of petroleum products.
With both increasing electricity demand and stable fuel prices as positive macro trends for PWDY products, the Company also is targeting a market in which changing fundamentals create opportunity as well. As characterized by David Crane, CEO of NRG Energy (NYSE: NRG), which generates 47,000 megawatts from solar, wind, fossil and nuclear sources - enough to support almost 40 million homes, changes in power production and consumption driven by distributed generation in particular represent "a mortal threat to the existing utility system."
Read the full report and disclaimers and disclosures at http://www.powerdyneinternational.com/files/pdf/pr/pwdy_1-22-2014.pdf
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