List of Electric Grid Stocks
Electric grid stocks are publicly traded companies whose business involves electric infrastructure, including transmission, distribution, pricing, conversion, and regulation. Includes the list of smart grid stocks.
This article was last updated on 8/12/21.
ABB Ltd (ABB)
Advanced Energy Industries (AEIS)
AMSC (AMSC)
Avangrid, Inc. (AGR)
AZZ Incorporated (AZZ)
China Ruifeng Renewable Energy Holdings Ltd (0527.HK)
Companhia Paranaense de Energia - COPEL (ELP)
Custom Truck One Source, Inc. (CTOS)
Digi International (DGII)
Echelon Corporation (ELON)
EMCORE Group, Inc (EME)
ESCO Technologies, Inc. (ESE)
Fortis, Inc. (FTS, FTS.TO)
General Electric (GE)
Hammond Power Solutions Inc. (HPS-A.TO, HMDPF)
Hubbell, Inc. (HUB-B, HUB-A)
Itron (ITRI)
Landis+Gyr Group AG (LAND.SW)
MasTec Inc. (MTZ)
MYR Group Inc. (MYRG)
National Grid PLC (NGG)
Prysmian S.P.A (PRI.MI, PRYMF)
Quanta Services Inc...
2010: The Year of the Strong Grid? Part V: Hubbell Inc.
Tom Konrad, CFA Hubbell Inc. (HUB-B) is a strong grid stock that also has strong financials, signaled by a recent dividend increase. I came across Hubbell Inc. (HUB-B) when researching General Cable (BGC) for my recent article on the company. Just one more example of when you start researching a sector, (in this case electrical transmission and distribution, or "strong grid") you never know what new companies you may find. Hubbell is a diversified electrical supplier, serving electric utility, residential, commercial, and industrial markets worldwide. About a quarter (26%) of its revenue comes from the "Power...
Hammond Power Solutions: A Cheap Power Regulation Play?
We have discussed on several occasions the investment opportunities related to power regulation and renewable energy. I have also recently written about the value approach to investing. I came across a stock today that I believed fell into both categories: power regulation (transformers) and value. The stock is Hammond Power Solutions (HPS-A.TO or HMDPF.PK), a firm that makes transformers for a number of applications, including wind turbines. While revenue and earnings have been ramping up quite nicely over the past four years, the stock price has been trending mostly laterally (albeit in a volatile manner) over the...
Solar Inverter Shakeout: 3 Survivors, 2 Buyers, a Loser and a Wildcard
Tom Konrad CFA Inverter for a solar array. (Photo credit: Wikipedia) Solar inverter stocks are looking cheap, but until the weaker players are forced out, they are likely to get cheaper. The major publicly traded solar inverter companies are Power-One (NASD:PWER), Satcon (NASD:SATC), SMA Solar (OTC:SMTGF), Siemens (NYSE:SI), Advanced Energy Industries (NASD:AEIS), Schneider Electric (OTC:SBGSF) and upstart Enphase Energy (NASD:ENPH). Over the last year the industry has faced eroding margins and an increasingly competitive environment. This parallels the problems of solar manufacturers: the industry has too much...
Smart Grid Stocks For The Obama Stimulus Package
A few weeks ago, I wrote about how a new Obama administration would renew with Keynesianism (i.e. large-scale counter-cyclical infrastructure spending) but with a green twist to: (a) get the US economy out of its funk and (b) propel America into the 21st Century by providing a massive push for its green industries. I discussed certain rail stocks and electric grid stocks that could benefit as a result. By-and-large, I've been right on both counts about the President-elect's strategy (i.e. Keynesian and green), but I did forget to mention an important part of the plan's focus:...
Ten Solid Clean Energy Companies to Buy on the Cheap: #8 Quanta Services, Inc....
It may be a stretch to call a company with a P/E ratio in the high 30s "cheap," but in the case of Quanta Services (NYSE:PWR), it's a bargain. I won't repeat myself about why electric transmission and distribution (T&D) investments are a good bet. Put simply, the grid has been long neglected, and improved long distance transmission is essential to bringing large scale renewables such as solar and wind onto the grid. How does Quanta fit in? They build transmission line for utilities. When I ask industry insiders what company is best placed to actually string the wires...
Is There Any Value In Stella Jones?
Value Investing A few months ago, I discussed my encounter with Warren Buffett, and promised that I would eventually analyze a stock using the value investing (VI) approach. While I can`t say that I qualify as a hardcore value investor, there are many things about the VI approach that have influenced my thinking. For instance, I tend to stay away from very high PE stocks and momentum plays. While I take positions in firms with no earnings, they are generally relatively "unknown" or are past star stocks that investors have moved on from. I like the idea...
10 Clean Energy Stocks for 2021: Diversification
by Tom Konrad, Ph.D., CFA
Rounding out the discussion of the stocks in my 10 Clean Energy Stocks for 2021 list are the two that don’t fit either of the themes I highlighted for 2021: Picks and Shovels or a Possible Yieldco Boom. Both help with diversification, both in terms of their industry and geography.
MiX Telematics (MIXT) was retained from the Ten Clean Energy Stocks for 2020 list because I expect its prospects to improve rapidly as the world comes out of covid lockdowns. The global vehicle telematics provider has a large number of its customers among mass transit, logistics,...
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...
MasTec (MTZ): Connectivity to the Smart Grid
By Harris Roen An important part of the smart grid will be devices that connect the user to the grid, or “reading points”. These reading points go way beyond the current meter reading system that just monitor the amount of energy used. The long held belief that meter reading was the only way to monitor household and business’s consumption is quickly being replaced with alternate ideas. MasTec (MTZ) is a contracting firm with $2.1 billion in annual sales focused on utility and communications infrastructure. It specializes in communications, high-speed Internet and electric distribution, as well as...
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...
Tribulations of a Meter Reader
by Debra Fiakas CFA Last week Badger Meter (BMI: NYSE) joined a building fraternity: companies reporting strong year-over-year sales growth, but delivering weaker than expected earnings. However, the Badger Meter actually increased earnings by a greater magnitude than it grew sales. The Company reported $83.5 million in net sales, representing 16.3% growth over the same quarter last year. Net income grew by 59.3% year-over-year to $4.6 million or $0.32 per share. As impressive as these results appear to be, the consensus had been for earnings per share of $0.41. The stock declined sharply as investor registered their displeasure...
Playing the ‘Global Grid Game’ – Japan’s NGK, GE Majority-Owned Indo Tech Look Strong
Maintaining and expanding the world's electric power grids in order to avoid stupendous blackouts, add gigawatts of green power, and bring electricity to a billion additional people, will cost hundreds of billions of dollars over the next 10 years. Retrofitting just the U.S. power grid will cost $130 billion, estimates the Electric Power Research Institute (EPRI). China has earmarked $135 billion to upgrade and expand its high-voltage grid. India will need to spend billions if it has any hope of reaching its goal of increasing electrical generation capacity to 200 GW by 2012 from roughly 150 GW currently. Among...
Keynes Meets Carson, And How You Can Invest It (Part 1)
I'm not sure whether John Maynard Keynes, the father of Keynesian economics and an ardent proponent of government interventionism during hard economic times, and Rachel Carson, the mother of modern environmentalism and the author whose work is credited for the eventual creation of the EPA, ever met during their lifetimes. But if current voter sentiment holds until November 4, their ideas could soon converge and form the basis of government policy for at least the next four years. Let me explain. First, John Maynard Keynes. There is no doubt that the deliberate and coordinated nationalization of financial services...
Smarting Up Electrical Grids
by Debra Fiakas CFA My recent post “Bull Case in Rick Perry’s Grid Study” highlighted efforts by U.S. Energy Secretary Rick Perry to help the coal industry with a study of the U.S. electrical grid. Coal has long claimed advantage as a ‘dispatchable’ power source, i.e. a consistently available power source suitable to supply power for the base load. Technology is making base load less important. Indeed, modernized or ‘smart’ electrical grids are making it possible to take advantage of low-cost renewable power sources even though they produce power intermittently and are therefore considered ‘not dispatchable’. ...
Comverge, Diverge, or Merge?
Tom Konrad CFA Comverge (COMV) has a great residential demand response business. The company lacks focus, but the stock has significant upside as an acquisition target. As part of my ongoing series on energy management companies (see these articles on World Energy Solutions (XWES) and EnerNOC (ENOC)) I spoke with Comverge CEO Blake Young. The Comverge Advantage Comverge is the strong leader in residential demand response (DR,) one of the most cost effective grid stability solutions. Even within demand response, residential DR is an excellent niche, because working in the market for residential DR...
