Utilities Prepare to Serve Electric Cars
Maura Lockwood, Cabot Headline News
December 23, 2009
Many utilities, particularly on the West Coast, are preparing for a big
increase in the number of electric cars set to hit U.S. showrooms in
2010, the Wall Street Journal reported.
California regulators expect to have about 33,000 plug-in hybrid
electric vehicles by 2011, and rise to 1.6 million by 2020, the Journal
reported. PG&E, based in San Francisco, expects to see 33 new
electric vehicle models in the next two years.
The task of providing electric-vehicle charging equipment is falling to
the electric utility companies that will provide the fuel. Most utility
companies are partnering with auto companies to help figure out where
and how to install vehicle charging equipment and how to handle the
increased power demand, according the Journal.
The hope is that the utility companies resolve installation of the
charging equipment at convenient locations at the same time auto makers
resolve technology issues that have emerged with the batteries they use.
Top alternative energy stocks are covered each week in Cabot Green Investor. ---
Do you know about the Cabot Green Investor?
Green growth stocks
are leading the trend toward environmentally friendly ends, be they new sources of clean energy, products that mitigate the environmental impact and energy cost of existing technologies or those that profit from the increasing move by consumers to organic and efficient products.
As a sector, Green investments offer the most profit potential since the Internet boom of the mid-1990s.
Cabot Green Investor
, launched in January 2008, takes Cabot's growth stock picking and market timing system and applies it to profitable investments in companies providing alternative, planet-friendly products and services that help conserve the natural environment and minimize the negative impacts of human involvement.
Companies must meet our strict fundamental and technical criteria, have healthy balance sheets, show solid growth and be in solid uptrends. Learn how
Cabot Green Investor Picks Stocks.
Don't wait...
subscribe to Cabot Green Investor
today. Act now for a special introductory rate.
Here is what readers are saying.... "I am a subscriber to Cabot Green Investor. It is an excellent publication. I have made some nice gains on your recommendations so far. I like everything about it."—W. Force, Morris Plains, New Jersey, U.S.A.
"Dear
Brendan, Many thanks for "The 10 Best Green Stocks under $10." I look
forward to reading it at leisure. I shall be renewing my subscription;
the newsletter is vital but your continuous follow up news flashes help me to negotiate the daily potholes." Regards, P. Hayward, London, U.K.
"Dear
Mr. Coffey: I have never written to you before, but I think that now is
a great time to let you know how valuable your advice is to me and my
husband. Our stocks have all soared...creating a fabulous portfolio.
I am, of course, a Cabot Green Investor, and have bought many of your
recommendations over the past month or two, making my stock portfolios
invaluable to me. I invested in March, and ALL of your stock picks have
soared. Thank you again for all your help and advice. It is literally
making me a fortune."—S. McGurk, Mill Valley, California, U.S.A.
"I'm a new subscriber, enjoying the newsletters very much, and like the updates. I'm an editor by trade and appreciate the clarity and concision of the writing."—E. Levy, Irvington, U.S.A.
"God Bless Cabot! I've
owned GU for two days and it has gone up 21%!! This is what I mean by
it all seeming magical!!"— S. Sherman, Riverdale, New York, U.S.A.
"Brendan, I appreciate and welcome these seemingly personal heads-ups on The Green. You seem to be going a step beyond. Thank you."—L. Rudolph, Bel Air, Maryland, U.S.A
"I just subscribed to your newsletter and am quite impressed with the quality of research involved with your stock picks." — Subscriber