Entries by Mark Henwood

Shale gas is starting to affect markets….

The oil gas ratio hit a new record high December 27th with gas trading at $3.11/mmBtu and WTI going for $101.25/bbl yielding an energy ratio of 5.61.   In simple terms this means gas is  trading at the equivalent of $18.05/bbl crude. The market is starting to notice this rapid shift in natural gas economics.  Back […]

EV economics updated and a Catch-22

After posting my December 6 article about EVs Economics are getting interesting I’ve received numerous comments and I’ve had discussions with utility executives and board members.   Based on this input I’ve refined the economic analysis of the Leaf vs. Camry and I’ve addressed a potential regulatory Catch-22 concern that utilities might run up against if […]

Renewable electricty dominates California utility plans

by Mark HenwoodOn Thursday (10/16) I attended the User Group meeting of Plexos Solutions LLC, a boutique firm providing software and consulting to the rapidly changing California electric market. One of the presentations covered issues surrounding integration of renewable energy resources into the California Independent System Operator (CAISO). This is important to sustainable energy investors […]

Broad markets rise, sustainable energy mixed (week ending 9/19)

Author: Mark Henwood Capping a crazy week, broad markets end up, while commodities retreated slightly.Camino’s indices ended the week mixed amid highly volitile trading. In Biofuels, we again saw the potential for huge losses driven by poor risk management practices applied to hedging strategies. Read more here. Veresun (VSE) dragged the Biofuels strategy down for […]

All sustainable energy stocks clobbered (week ending 9/5)

Author: Mark Henwood Emerging markets (EEM -7.7%),EAFA (EFA -6.5%),and commodities (DJP -5.8%) drop sharply also. With only 3 of the 87 companies in Camino’s indices rising, this week ranks as the worst one week period since we started our commentary. And the underlying news, for instance in Solar stocks, wasn’t too bad: LDK Solar (LDK) […]

Solar posts big gain (week ending 8/22/08)

Author: Mark Henwood Emerging markets, EAFA, and the US market (S&P 500) were little changed on the week, commodities (DJP) rose 2.8%. Sustainable energy stocks created some excitement but overall were mixed: Solar raced ahead for the week rising 9.5% driven by a variety of positive developments. Three of the index components China Sunergy (CSUN), […]

Solar and LED-Lighting rise sharply, BioFuel Energy highlights risk and drags Biofuels down (week ending 8/15)

Author: Mark Henwood Emerging markets, EAFA, and commodities (DJP) fell while the US market (S&P 500) was flat. While Biofuels is the forth largest strategy behind Renewable Electricity, Solar, and LED-Lighting it highlighted an all too familiar risk for energy producers. Many energy producers seek to reduce their risk associated with volatility in commodity prices […]

Key sustainable energy indices rise, LED-Lighting suffers (week ending 8/1)

Author: Mark Henwood EAFA fell 2.2%; Emerging Markets, S&P500, and commodities (DJP) treaded water. The two key strategies, Renewable Electricity and Solar, posted gains for the week. Solar’s 4.1% gain reduced the index’s loss for the year to 31.7%. This highly volatile strategy saw some big gains with Day4Energy (DFE.TO) leading the way with a […]

Sustainable energy indices mixed, broad markets and commodities retreat (week ending 7/25)

Author: Mark Henwood Emerging Markets, EAFA, and S&P500 all fell this week. Commodities (DJP) fell another 4.4% on top of the previous week’s 7.8% decline. Renewable Electricity suffered a modest loss for the week. One of the components, EarthFirst (EF.TO), continued its steep decline losing another 20.9% on the week. Since the company appointed its […]

Sustainable energy indices mixed, broad markets gain while commodities retreat (week ending 7/18)

Author: Mark Henwood Emerging Markets, EAFA, and S&P500 all rose this week partially on reduced pressure on commodities (DJP) which fell 7.8% for the week. Biofuels shares responded mid-week to news that Verasun (VSE) was keeping 330 MGY per year of new capacity idle. As I wrote in my post for the week ending June […]

Solar and commodities rise, broad markets retreat (week ending 6/20)

Author: Mark Henwood Emerging Markets, EAFA, and S&P500 all fell more than 2% this week. With the exception of Solar, all Camino’s PurePlay followed the markets downward. Solar’s stong showing came on a variety of positive news for the sector. We learned of potential involvement of large player (IBM and INTC), supply deals (ESLR) and […]

Fuel Cells buck stock trends and rise, commodities rise again 0.9% (week ending 6/13)

Author: Mark Henwood Emerging Markets and EAFA fell, S&P500 traded even this week. With the exception of Fuel Cells, all Camino’s PurePlay Indices followed the international markets downward. Fuel Cells came off their 52 week low with a 1.9% increase driven by big increases in two stocks. Ceres Power (CWR.L) rose 37.4%. After checking the […]

All Sustainable Energy Indices fall, commodities rise 4.9% (week ending 6/6)

Author: Mark Henwood Broad market indices (Emerging Markets, EAFA, S&P500) all fell this week. Camino’s PurePlay Indices followed the broad markets and all indices fell. Commodities (DJP) rose 4.9%. Solar fell 1.9% even after the 63.3% premium Robert Bosch GmbH is paying for control of ErSol. Without this transaction, the Solar index would have been […]

Biofuel and Solar fall over 4%, other indices mixed (week ending 5/30)

Author: Mark Henwood Broad market indices (Emerging Markets, EAFA, S&P500) all rose this week. Camino’s PurePlay™ indices were mixed with Renewable Electricity showing a 0.8% gain. Commodities (DJP) declined 2.6%. Solar was the story of the week with our 34 member index decreasing 4.2% amid huge volatility. The market moves this week were evidence of […]

Biofuel Rises 6.6%, other indices mixed (week ending 5/23)

Author: Mark Henwood Broad market indices (Emerging Markets, EAFA, S&P500) all fell significantly this week. Camino’s PurePlay™ indices were mixed but with Biofuels up sharply. Commodities (DJP) advance 1.6%, up 19.6% for the year. Biofuel was the story of the week with our 15 member index increasing 6.6%. Four constituents rose more than 20% with […]

Solar Rises 10.8%, Renewable Elec and Biofuels increase also (week ending 5/16)

Author: Mark Henwood Broad market indices (Emerging Markets, EAFA, S&P500) all rose significantly this week. Camino’s PurePlay™ indices, with the exception of Fuel Cells, were up. Commodities (DJP) retreated slightly. Solar was the story of the week with our 34 member index increasing 10.8%. Six constituents rose more than 20% with the top three, SolarFun […]

Solar and Renewable Electricity Gain (Week Ending 5/9)

Author: Mark Henwood Broad market indices (Emerging Markets, EAFA, S&P500) all fell this week. Camino’s PurePlay™ indices were mixed, commodities (ticker DJP) rose strongly. The PurePlay™ Solar index, comprised of 34 companies, reversed last week’s 2.0% loss with a 0.9% gain. The index members were mixed with 13 stocks increasing and 21 stocks declining. In […]

Only Renewables Gain Again (Week Ending 5/2)

Author: Mark HenwoodBroad market indices (Emerging Markets, EAFA, S&P500) all rose this week. Camino’s PurePlay™ indices were mixed. The Solar index, comprised of 34 companies, followed last week’s 0.2% loss with a 2.0% decline. 15 stocks increased and 19 stocks declined. In contrast to most weeks, no stock increased or declined by over 20% and […]