FULLERTON, CA - MARKET WIRE - 01/10/05
Electric power is essential to modern life, with electronics saturating every aspect imaginable. The fundamental necessity for electricity makes industry leaders in the electric power generation market safe investments. The largest gains can be realized though by investing in innovative next-generation technology that will carve out a niche market in electricity generation.
Companies such as Edison International (NYSE: EIX), PG&E (NYSE: PCG) and American Electric Power (NYSE: AEP) are samples of industry leaders that should present stable investments for investors looking for long-term growth. Aside from mergers and acquisitions, increasing market share for these companies remains an obstacle since most in the industry are already deeply entrenched in their respective markets.
There has been recent news of a plan by Exelon Corp. to buy Public Service Enterprise Group, which Reuters reports as "the only avenue for growth due to limited expansion opportunities." Ken Marks, managing director of Morgan Stanley's Global Power and Utility Group, was quoted, "We believe that there is some pent-up demand for some M&A activity as there hasn't been meaningful strategic activity on a corporate-to-corporate basis for several years. There will be a number of companies that will think harder about potential M&A solutions now that a transforming transaction in the sector has been announced."
Technologies that evolve the production of electric power through the use of renewable alternative methods should provide opportunities for higher returns than those of traditional electric power suppliers despite the current M&A that are fomenting in the industry. XsunX (OTC BB: XSNX) is one such company that is capitalizing on innovative solar technology that allows glass windows to produce electricity from the power of the sun. Power Glass technology, proprietary to XsunX, represents the potential for significant advancement of the Building Integrated Photovoltaics (BIPV) industry. Power Glass may provide an ideal solution for the wide scale integration of real energy producing products into living and working environments -- all without causing disruptive and costly changes to lifestyles.
Technologies such as those from XsunX will represent the highest potential for returns in an industry that is tapped for growth. Conventional electricity producers also have to contend with the environmental impacts of their business, something that XsunX also dominates with the use of clean and bountiful solar energy.
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