ScratchAgreed on all points CYS
In fact, the whole current ecology of this company is clouded in a "start from scratch" miasma (meaning the monies invested have been dead money).
Of grave concern, and not a positive news release, was the announcement of the details of the current "experiment" to see if the concept works, and which you noted as "a first", described as: - In the first two weeks, meters will be installed on site to determine water and natural gas usage of the existing domestic hot water system. While this data is being collected, the PIRANHA HC installation will be completed. The existing natural gas boiler will remain in place.
- During the first three weeks of operation, the PIRANHA HC will be operated to meet 50% of the buildings peak hot water load for one week followed by 75% for two weeks. This partial load operation is designed to gather more data for sizing future installations. Throughout this task, the electric load will be scheduled such that it avoids peak hours.
- During the next six weeks of operation, the PIRANHA HC will be tasked with meeting 100% of the hot water load. This will be split into two separates three-week segments. This first three weeks will be without utility peak avoidance followed by three weeks with utility peak avoidance.
- Throughout the project, data will be collected and the final report will include information on the initial costs, operational costs, energy usage, energy savings, GHG reduction and return on investment.
The final report is scheduled to be delivered on September 30, 2020 and the results will be presented at the Incubatenergy Labs “Demo Day” currently scheduled for October 14, 2020 in St Louis, Missouri and hosted by Ameren Corporation.
Following the completion of the project, EPRI anticipates working with interested utilities to further demonstrate SHARC Energy technology in different locations around the United States.
Additionally, tools could be developed to help identify ideal locations and best practices for implementing SHARC Energy technology with particular interest in additional research in relation to optimization of peak avoidance for each utility.
Well, to all intents and purposes, this discloses that they have had no rigorously empirical, credible, and statistical evidence of proof of concept lying on the table -- and will not have any until the end of 2020.
Is this not a "start from scratch" scenario?
Begs the question: how can any of the much vaunted "sales representatives" and other Sam Slicks be trained (at company expense) to promote or market anything if there's no proof (data) that these units work -- even in concept?
Scotland was a wooden poker in the sporan for its outlay and outcome; in fact, to this point, is there concrete audited data (other than animated graphics) to suggest there is anything under the kilt that works beyond the hypothetical?