Active Power, Inc. · Austin, TX United States ·(NASDAQ (GM): ACPW)
Company Description
View Active Power, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window Active Power keeps the juices flowing. The company's CleanSource DC and CleanSource UPS (uninterruptible power system) are designed to replace conventional UPS products that use lead-acid batteries. The CleanSource DC/UPS products use a flywheel that stores kinetic energy by spinning. When a power quality problem is detected, the products convert the kinetic energy into electricity. The CleanSource UPS was developed in partnership with heavy equipment maker Caterpillar (40% of sales), which markets the product with its generator sets. CleanSource is marketed to Internet service providers, as well as telecommunications, industrial, and commercial customers. US customers provide more than half of sales. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Active Power, Inc. Financials
| Company Type | Public - NASDAQ (GM): ACPW Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $43.0 |
| 2008 Employees | 149 |
Active Power, Inc. Executives
15 executives listed for Active Power, Inc.'s Austin, TX location.
| Title | Name & Bio | Contact |
| Chairman | Benjamin Scott | Network |
| President, CEO, and Director | James Clishem | Network |
| VP Finance, Secretary, Treasurer, and CFO | John Penver | Network |
Competition
Competitive Landscape for Active Power, Inc.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top Active Power, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!