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Frank Carnevale's picture
Chief Executive Officer Alkaline Fuel Cell Power Corp

Mr. Carnevale is the Chief Executive Officer of Alkaline Fuel Cell Power Corp. ("AFCP") (NEO:PWWR OTCQB:ALKFF). AFCP is a diversified investment platform developing affordable, renewable, and...

  • Member since 2020
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  • Sep 28, 2020
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Check out the not-so-obvious winners of FERC 2222. 👇

Frank Carnevale's picture
Thank Frank for the Post!
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Matt Chester's picture
Matt Chester on Sep 28, 2020

A customer can now install various electricity supply and demand loads for greater values than they have had to-date.

Essentially, energy is now turned into a commoditized asset for them to deploy when it makes sense for their business conditions. This is huge, because traditionally, customers have been at the whim of whatever local or system operator program with minimal options to monetize energy. It was being done to help system operators and utilities with peak issues, but wasn’t very customer-centric.

Do you see this bringing new third parties into the conversation using this as a hook, such as for solar+storage sales? 

Bob Meinetz's picture
Bob Meinetz on Sep 29, 2020

"But my biggest excitement is that it has the potential to finally put energy back in the hands of customers,"

I'm curious what you mean by this statement, Frank. When has electricity ever been "in the hands of customers"?

Frank Carnevale's picture
Frank Carnevale on Sep 30, 2020

Hi Bob, thanks for reading it and commenting. In working with customers, there has always been a feeling that the one-way delivery of electricity has led to very simplistic non-customer-centric relationships with utilities (not all, but my perspective is Ontario). The idea that a customer can turn an expense and liability into an asset is very appealing, and it means that they have more control of options of what to do with their supply and curtailed loads. Like many industries that have tranformed over the years (say telecom), more options means more competition and better pricing and terms for the customers. Thanks

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