Customers of Athlon Acquisition Corp saw their costs of revenue decline by -11.59 % in Q3 compare to a year ago, sequentially costs of revenue were trimmed by -15.18 %, for the same period Athlon Acquisition Corp
Athlon Acquisition's Comment on Sales, Marketing and Customers
Wind energy experienced a 39% annual growth for the past five years according
to the American Wind Energy Association, the industry’s trade organization
based in Washington, D.C. Recent national surveys show that approximately 40-70%
of the population surveyed indicate a willingness to pay a premium for renewable
energy. Although 10% of the respondents say they will participate in such a program,
actual participation is estimated at 1%. Currently, more than a dozen utilities
have green marketing programs. Public Service Company of Colorado, Central and
South West Services Corporation of Texas, and Fort Collins Light and Power Company
are leading the effort in wind related green electricity marketing.
The Company is investigating the feasibility of locating a Downdraft Tower
in California. California has three major regulated investor-owned utilities
and many municipal utilities, all of which are required by state law to have
renewable sources of generation in their resource portfolios, whether generated
or purchased. Arizona utilities have similar requirements. Due to federal regulations
requiring that transmission owners provide service on the same terms to all
generators requesting service, known as “open access”, independent
power producers (which the Company would be under its business model), are able
to develop wind energy projects in areas where such resources are most prevalent
and sell power to anyone interconnected with the transmission grid in California.
California’s transmission grid is operated by a regional transmission
organization (“RTO”), the California Independent System Operator
(“CAISO”). Other states belong to other RTOs.
Athlon Acquisition’s Comment on Sales, Marketing and Customers
Wind energy experienced a 39% annual growth for the past five years according
to the American Wind Energy Association, the industry’s trade organization
based in Washington, D.C. Recent national surveys show that approximately 40-70%
of the population surveyed indicate a willingness to pay a premium for renewable
energy. Although 10% of the respondents say they will participate in such a program,
actual participation is estimated at 1%. Currently, more than a dozen utilities
have green marketing programs. Public Service Company of Colorado, Central and
South West Services Corporation of Texas, and Fort Collins Light and Power Company
are leading the effort in wind related green electricity marketing.
The Company is investigating the feasibility of locating a Downdraft Tower
in California. California has three major regulated investor-owned utilities
and many municipal utilities, all of which are required by state law to have
renewable sources of generation in their resource portfolios, whether generated
or purchased. Arizona utilities have similar requirements. Due to federal regulations
requiring that transmission owners provide service on the same terms to all
generators requesting service, known as “open access”, independent
power producers (which the Company would be under its business model), are able
to develop wind energy projects in areas where such resources are most prevalent
and sell power to anyone interconnected with the transmission grid in California.
California’s transmission grid is operated by a regional transmission
organization (“RTO”), the California Independent System Operator
(“CAISO”). Other states belong to other RTOs.
Sources:
Athlon Acquisition Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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