How Energy Deregulation Affects States and Stocks
by Elaine Thompson
Bloomberg New Energy Finance, in an executive summary of its New Energy Outlook 2017 report, predicts renewable energy sources will represent almost three-quarters of the $10.2 trillion the world will invest in new power-generating technology.
Analysts outline several reasons for this increase in spending, such as the decreasing costs of wind and solar and consumers’ increasing interest in solar panels. Competition between power sources also continues to grow, with products like utility-scale batteries upsetting coal and natural gas’s roles in the marketplace.
But more importantly, state-driven renewable portfolio standards pave the way for additional ventures in renewable energy technologies, particularly...
Bargain Priced Alternative Energy Stocks
A review of Crystal Equity Research’s novel alternative energy indices found a number of companies that have delivered exceptional price appreciation over the last year. Several were reviewed in the recent post “Alternative Returns” on May 8th. Expectations for growth appeared to be driving the price movement, so the last post “Quest for Growth” featured four companies from the indices for which analysts have posted high growth predictions. Not unexpectedly some investors have already bid higher the stocks of those promising companies.
In this post we go back to the lists to find the companies with both high growth predictions and low price-earnings...
Ten Solid Clean Energy Companies to Buy on the Cheap: #2 National Grid (NGG)
Like Quanta Services, (#8 in this series), National Grid PLC (NYSE:NGG) allows investors to participate in the massive build out of electricity transmission and distribution infrastructure necessitated by years of neglect and the growing need to decarbonize our electric infrastructure. See the article linked above for more detail on these two forces driving the sector. Having its origins in British electricity deregulation in the 1990s, Nation Grid is a regulated utility in Britain and the United States, and operates high pressure gas pipelines and high voltage transmission in Britain, and electricity transmission and natural gas distribution in the Northeastern...
Democratizing the Grid
by Daryl Roberts
In a previous article I investigated the question of whether private sector capital was being stimulated sufficiently enough to build out renewable infrastructure on pace to reach climate goals. I found that on the upper end, giant institutional funds were only mobilizing a tiny fraction of their total Assets Under Management, due to regulatory constraints and uncompetitive yields. On the lower end, smaller scale funding seemed to be growing, with facilitation from intermediaries, fintech aggregation services, and increased access at lower levels to complicated derisking strategies.
But I now find reporting that capital is over-mobilized, that solar may...
Congress Approves Billions in Energy Storage Incentives
On Friday, the House of Representatives and Senate passed H.R. 1, the American Recovery and Reinvestment Act of 2009 and sent the bill to President Obama for his signature. The impact on companies that manufacture advanced batteries and other energy storage devices will be staggering. The principal energy storage appropriations include: $2,000,000,000 for grants to manufacturers of advanced battery systems and vehicle batteries that are produced in the United States, including advanced lithium ion batteries, hybrid electrical systems, component manufacturers, and software designers; $4,500,000,000 for grants for “Electricity Delivery and Energy Reliability” including activities to modernize the electric...
List of Smart Grid Stocks
Smart grid stocks are publicly traded companies that use or enable information technology to operate the electric grid more efficiently. They are also included in the list of electric grid stocks.
This list was last updated on 3/21/2022.
Advanced Energy Industries (AEIS)
AMSC (AMSC)
Arrow Electronics (ARW)
Digi International (DGII)
Echelon Corporation (ELON)
EnSync, Inc. (ESNC)
ESCO Technologies, Inc. (ESE)
Fluence Energy, Inc. (FLNC)
Itron (ITRI)
Kontrol Energy (KNR.CN, KNRLF)
Landis+Gyr Group AG (LAND.SW)
Schneider Electric (SU.PA, SBGSF, SBGSY)
SMA Solar Technology (S92.DE)
SolarEdge (SEDG)
Superconducting Technologies, Inc. (SCON)
Wallbox N.V. (WBX)
If you know of any smart grid stock that is not listed here and should be, please let us know by leaving a comment. Also...
Energy Storage on the Smart Grid Will Be 99.45% Cheap and 0.55% Cool
7.17.09 Storage Week John Petersen Infocast’s Storage Week was all I had hoped it would be, and more. While I thoroughly enjoyed serving on three discussion panels and was warmly received by roughly 250 attendees, including executives of companies that I've occasionally criticized, the most important value for me came from the opportunity to hear four days of high-level presentations by industry executives, national thought leaders and policymakers who repeatedly stressed that: From a utility perspective grid-based energy storage is the functional equivalent of an instantly...
Climate Change & Corporate Disclosure: Should Investors Care?
Charles Morand On Monday morning, I received an e-copy of a new research note by BofA Merrill Lynch arguing that disclosure by publicly-listed companies on the issue of climate change was becoming increasingly "important". The note claimed: "e believe smart investors and companies will recognize the edge they can gain by understanding low carbon trends." I couldn't agree more with that statement. It was no coincidence that on that same day the Carbon Disclosure Project (CDP), a non-profit UK-based organization that surveys public companies each year on the state of their climate change awareness, was...
Transmission Stocks: Bringing Wind Power to Where it’s Needed
Last week, Charles told us to expect wind power industry suppliers to benefit from shortages in wind turbine components. Owens Corning (NYSE:OC) which I mentioned in my Blue Chip Alternative Energy Portfolio fits nicely into this category with their composites for turbine blades, as do the power converter stocks I mentioned two weeks ago. As essential to wind power as any of these is improved power transmission. The National Wind Coordinating Collaborative states, Electrical transmission facilities connecting windy areas and load centers are sometimes non-existent or minimal. Even in cases where a good wind resource has...
Digital Electrification: Less Waste, More Capacity
One potentially huge contributor to decarbonization of the economy could come from dramatic efficiency gains obtainable from digitally improving the power quality of electricity, as it is being generated, transmitted & being consumed. The enabling technology is emerging from developments in computing that is associated with the Internet of Things (IOT).
DOE estimates indicate that approximately 38.2 quads of electricity are produced, from all sources, but that 25.3 quads, or 66.2% is deemed “Rejected Energy”, so only 33.8% of generated electricity is actually being used. Within that 66% a distinction is recognized between “Losses” & “Waste”:
Loss is non-recoverable, I2R...
Comparing Electricity Storage and Transmission
Electricity Storage and Transmission are naturally complementary, and more of both will be needed. But given limited time and resources, where should those of us who want to see as much renewable electricity on the grid as soon as possible concentrate our efforts? The choice is not immediately clear. Dennis Ray, ED of Power Systems Engineering Research Center (PSERC) was quoted as saying “Regardless of contractual arrangements that are subject to environmental regulation, the ultimate dispatch pattern that will determine the actual emissions is largely dependent on transmission constraints and reliability considerations.” Horses for Courses At a basic...
If I Could Own Only One Alternative Energy Stock, It Would Be . ....
Bill Paul My friend Consuelo Mack, host of "Consuelo Mack's Wealthtrack" on PBS TV, asks her guests for their "one investment pick." What's my one alternative energy stock pick? A year ago on Consuelo's show, I recommended LED lighting developer Cree Inc. (Symbol CREE), because the LED lighting market (part of the burgeoning energy efficiency sector) is expected to hit upwards of $5 billion by 2013 v. $600 million in 2008, according to investment banking firm Merriman, Curhan, Ford, and because Cree was then an attractive takeover candidate. It still is; however, since the stock has since risen something...
Two Stocks For Grid Storage – ZBB Energy and Axion Power
John Petersen On March 4, 2011 the Pacific Northwest National Laboratory published a comprehensive review of "Electrochemical Energy Storage Technologies for Green Grid" that is a must-read for serious investors who want to understand the technical and economic intricacies of the energy storage sector. It explains why storage is a key enabling technology for wind and solar power, the smart grid, efficient transportation and a legion of high-technology manufacturing and service enterprises that can't survive without reliable power. It also explains why energy storage is an investment mega-trend that will endure for decades. While I normally try to...
Advanced Energy: Bargain Green Stock Turns Around
by Debra Fiakas CFA Everybody likes a bargain. Investors really like a good cheap buy. A review of our four alternative energy industries revealed three stocks trading below industry average multiples of forecasted earnings. This is the final article in the series, the first looked at Ormat (ORA:NYSE), and the second looked at Kadant (KAI:NYSE). The first week in November 2014, could have been a turning point for trading in shares of Advanced Energy Industries, Inc. (AEIS: Nasdaq). The company reported flat sales in the quarter ending September 2014, compared to the same quarter last...
The Case For Transmission, and Transmission Stock List
by Tom Konrad CFA We cannot choose between transmission and renewable distributed electricity. Local renewable generation requires long distance transmission to even out variations of supply. Hence, both advocates of distributed renewables and large wind and solar farms should support transmission improvements. Here are a few stocks which should benefit from such investments. Shortly after I launched Clean Energy Wonk, Blogger took the site down because I made the mistake of including both the words "Cheap" and "Free" in the title of an article about Energy Efficiency. Since it can apparently take up to 2 months for a human...
Alternative Energy Storage: Enabling the Smart Grid
America’s electric power grid is subject to immense inefficiencies that arise from the interplay between centralized power generation, local power consumption and on demand utility service. To put things into a broad perspective, the nameplate capacity of U.S. generating facilities is about 1 million Megawatts (MW), so if all of our power plants ran 24/7 we would have a theoretical annual generating capacity of 8.7 billion Megawatt-hours (MWh). Since demand for electricity fluctuates on both a daily and seasonal basis, total electric power generation in 2007 was only 4.2 billion MWh, or less than 50% of nameplate...
