BDCO and FUEL always seem to run dually with the Energy stocks and have yet to make too much of a move. Keep these on watch!

FUEL

If you have a list of energy stocks feel free to leave a comment I will be adding a section of Energy sympathy style plays

With the recent success of BWEN and NCEN I decided to put together a list of Wind Energy stocks which can be bookmarked and reviewed each time the sector gets hot over the next year. Cramer has been talking about this sector for a while - and how it a good buy for 2009. This is a list of OTCBB and Pink Sheet stocks which carry the term “sympathy plays” Basically whenever a sector gets hot - these are potential stocks that may move based on industry related news. If you have any you’d like to see added to the list please leave a comment with the ticker.

Heres the list: BWEN, NCEN, CWEY, MMGW, KWPW, CRPWF, AWNE, WNEA, CWSI, BBWPF

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APWR

NCEN.OB

BWEN.OB

CWEY.OB

MMGW.OB

KWPW.OB

CRPWF.PK

AWNE.OB

WNEA.OB

CWSI.OB

BBWPF

DOE report: Wind power can provide 20% of US power needs by 2030

New Mexico Business Weekly

A new forecasting report from the U.S. Department of Energy asserts wind power could generate 20 percent of U.S. electricity needs by 2030.

The scenario, “while ambitious, could be feasible if the significant challenges” identified in the report are overcome.

“To dramatically reduce greenhouse gas emissions and enhance our energy security, clean power generation at the gigawatt-scale level will be necessary, and will require us to take a comprehensive approach to scaling renewable wind power, streamlining siting and permitting processes, and expanding the domestic wind manufacturing base,” said Andy Karsner, DOE assistant secretary of energy efficiency and renewable energy.

The report, “20% Wind Energy by 2030,” was released Monday. The DOE notes that the report does not compare the 20 percent wind scenario to other energy options, nor does it lay out any specific action plan. Rather it was written to examine the costs, challenges and key impacts of obtaining 20 percent of the nation’s energy from wind power in 2030.

More than 300 gigawatts of wind power capacity would be needed to meet the DOE’s 20 percent scenario, up from 11.6 gigawatts in mid-2007. Wind turbines currently generate a little more than 1 percent of the country’s total capacity. One gigawatt is enough to power roughly 650,000 homes.

To reach that level, the wind industry would have to quicken its pace of installations more than fivefold by 2018, to 16 gigawatts a year, up from 3 gigawatts a year today, and then sustain that pace through 2030.

It won’t be easy. To reach that level would require improved turbine technology, significant changes in transmission systems to deliver power through the electrical grid, and larger expanded markets to buy the power, the report says.

Upgrading the nation’s transmission system and building new transmission lines to bring generation capacity on-line from far-flung places is a major challenge that would require big investment. Advances in wind turbine technology and improved manufacturing capabilities are also needed to get the greatest cost reductions, while issues with siting wind farms and environmental concerns over wildlife also need to be addressed.

Still, the benefits are clear. Supplying 20 percent of our electricity from wind could reduce carbon dioxide emissions from the electric sector by 825 million metric tons, according to the report. It would also reduce water used in electricity generation, while reducing demand for fossil fuels.

Other impacts the DOE notes are a new source of income for rural landowners from leasing land for wind farms, tax revenues for municipalities in local communities, and the creation of well-paying jobs in a green industry.

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DBLE - Double Eagle Pete & Mining Co has some abnormal volume today, watching for the $19 break, its attempted a few times but upon breaking will probably squeeze to the $20-22 level. Worth a watch for the break


FXEN FX Energy Inc - volume beginning to pick up in addition to higher lows. With higher lows (meaning last lows were $4 and thats where it consolidated, this time $4.50 was the lows and that’s where it consolidated) which is a bullish sign and on the break of $5.50 this could turn into a multi day move towards $7 if it gains momentum.

ITMN - Intermune Inc - I like this chart because it fills the gap back to April 1st on today’s dip and came back hard signaling a potential bottom in place. This may be a nice reversal stock and head back towards $20 over the next 2-4 weeks.

NINE - Ninetowns Internet Tech Group had a nice spike followed by a correction, brief consolidation and its ready for the next move up. This can easily see $3-3.50+ on the $2.75 break.

QTWW - Quantum Fuel Systems Technologies Worldwide, Inc. from THIS SCAN “QTWW - 3 to 4 attempts to break $1.50, failed each time, watch for the $1.50 break to squeeze towards $1.75-2 range.” It’s now above $2 and may continue its squeeze towards $2.50-3 but may want to consolidate first around the $2 level first

ROYL good volume here for trading - each day it sells off from the high of day but continues the next, so I’d watch for the run out of open tomorrow and if it can’t break $6 watch for the short, if it can (and it has been known to have multi week runs in the past) it may be at the base of a large move

To view the scan go HERE.

FPP was able to hold all gains on the gap and crushed shorts towards $6. Keep in mind this was $2 dollars just a few days ago… It’s up after hours it may squeeze more and then I’d look for a correction. BUT as we’ve seen in the past few days with MXC and PDO… ANYTHING is possible.

CBRX - Volume picking up and it snapped the $3.50 with ease. Watch for this to test $4 in the next day or two, it may want to come back and consolidate around the $3.25 to $3.50 level but this is probably going to be the new base for a powerful move higher.

PEIX provided a great trade as expected both long out of the open and short through the day. Nearly doubling the volume this thing is going to be in play for many more days.

NOVN behaved perfectly, it wasn’t able to create more highs, and tested back towards the $12.50 level actually taking it out and hitting a low of $12.34.

SYNM hanging in there lot of shares exchanged hands today, I’d watch for the consolidation around around $2.30-2.50 before jumping in for a move higher, let it consolidate and confirm a trend, but I wouldn’t recommend a short.

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