Bold or Bogus? Digi International’s Move toward Smart Grid Technology

Research Analyst Bucks NaysayersBy Joyce Pellino CraneJay M. Meier may be out on a lonely limb, but the senior research analyst at Feltl and Company is unwavering in his enthusiasm for Digi International, Inc. (Nasdaq:DGII)Meier is recommending Digi as a buy, insisting that the company is undervalued given its potential for growth in the smart grid sector.“The company is woefully undervalued,” he said, “and it’s probably going to start growing in the second half of 2010 as evidenced by all the smart grid technology it has...”But other research analysts are not so sure. I spoke with two who...
Smart meter for smart grid applications

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. Advanced Energy Industries (AEIS) AMSC (AMSC) Arrow Electronics (ARW) Digi International (DGII) Echelon Corporation (ELON) EnSync, Inc. (ESNC) ESCO Technologies, Inc. (ESE) Itron (ITRI) Landis+Gyr Group AG (LAND.SW) Schneider Electric (SU.PA, SBGSF, SBGSY) SMA Solar Technology (S92.DE) SolarEdge (SEDG) Superconducting Technologies, Inc. (SCON) 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 for stocks in the list that you think should be removed.  

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...

The Best Peak Oil Investments Meet the Smart Grid: Telvent GIT SA (TLVT)

Tom Konrad CFA I'm bullish on Smart Transportation, which is my term for applying information technology to make our transportation system more efficient.  The majority of my list of Smart Transportation Stocks focus on GPS navigation.  I've been a fan of GPS navigation ever since 2001, when I first experienced the relief using one while driving in an unfamiliar city.  But I'm much less enthusiastic about GPS Navigation stocks: I feel the industry is too competitive, which is great for the consumer, but not so great for the shareholder.  Hence, I'm drawn to the three Smart...

Fending Cyber Threats with a Fortress

RuggedCom Fortifies the Smart Grid and Captures the Substation Market By Joyce Pellino Crane     I wonder how many utility executives lie awake at night worrying  about cyberthreats to their electricity substations.     If you’ve ever gone a few days without electricity in your home,  you’ll quickly realize how minimal life becomes.  Working on your computerthe speedway to higher thinking and creativity is impossible.     Watching television, charging your cell phone, keeping food frozen, and  micro-waving popcorn, can no longer be done. Every task requires  planning and, much more physical laborconsider what it would take  to wash and...

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...

Three Overpriced Alternative Energy Stocks & Two Bargains

By Harris Roen Knowing when to get in and out of a stock is critical to being a successful investor. This is especially true in the volatile alternative energy sector. The Roen Financial Report calculates a fair value range for each of the +/-250 alternative energy stocks that it tracks, so that investors can better understand a stocks relative value. Comparing the current stock price to the fair value range helps determine whether a stock is considered overvalued, undervalued, or at fair value. Which stocks are good prospects for the future, and where should investors proceed...
Electric bucket trucks for electric grid repair n Puerto Rico

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. ABB Ltd (ABB) Advanced Energy Industries (AEIS) AMSC (AMSC) Avangrid, Inc. (AGR) AZZ Incorporated (AZZ) China Ruifeng Renewable Energy Holdings Ltd (0527.HK) 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 (PWR) Red Electrica (RE21.SG, RDEIY) Schneider Electric (SU.PA, SBGSF, SBGSY) Siemens AG (SIE.DE, SIEGY) SMA Solar Technology (S92.DE) SolarEdge (SEDG) Stella Jones (STLJF) Superconducting...

Is Ruggedcom, Inc. as Solid as its Networks?

Tom Konrad, CFA Our recent article on Ruggedcom's (RUGGF.PK, RMC.TO) technology for a smart grid that's also robust against a number of threats such as cyberterrorism and electromagnetic pulses prompted a long-time reader to ask if we also think it's a good investment at these prices. Good question.  As outlined in the article, Ruggedcom, Inc. has a robust business providing ruggedized routers for mission-critical networks, including electric utilities growing smart grids.  But not every great business is also a great stock. What Makes a Great Stock There are several things I look for in a great stock, and a...

Tres Amigas Proposes Three-way Transmission Link

by Michael Giberson If completed, the Tres Amigas project will encourage renewable power development and efficient power flows.  Publicly traded wind power and superconducting cable company American Superconductor Corp. (Nasdaq: AMSC) is a large minority shareholder and the planned supplier. Tres Amigas LLC has proposed building a three-way superconducting HVDC link between the three separate power systems that span the United States and much of Canada: the Eastern Interconnection, the Western Interconnection, and the Texas (ERCOT) Interconnection.  The three systems currently are linked by a small number of separate and relatively unimportant DC interties.  The proposed three-way...

REDI-ing Your Portfolio for a Low-Carbon Economy

Tom Konrad, CFA Colorado's recently released Renewable Energy Development Infrastructure (REDI) report looks at what the resource-rich state needs to do to accomplish the state goal of reducing CO2 emissions 20% from 2005 levels by 2020.  Investors who expect the developed world to attempt similar cuts in emissions should take note of the report's conclusions, and invest accordingly. Since Colorado Governor Bill Ritter recruited my friend Morey Wolfson for the Colorado Governor's Energy Office (GEO) he's had a lot less time to socialize with the rest of us in the clean energy community, but we caught up over lunch...

Is AMSC Ready to Get Back to the Future?

Last week a jury found in favor of the United States government in a suit brought in 2013 by the Obama Administration against the Chinese wind turbine producer, Sinovel Wind Group (601558:  Shanghai).  Sinovel was found guilty of stealing technology from American Superconductor (AMSC:  Nasdaq) that had supplied Sinovel with converter hardware and software solutions.  Sinovel may have to pay hefty fines when the final sentencing step is completed in June 2018. American Superconductor (now called AMSC) had already brought a private suit against Sinovel in China two years before the Justice Department filed its case.  The China court dismissed the case for lack of...

Ten Alternative Energy Speculations for 2008: Batteries, CHP, and Transmission

This article is a continuation of my Ten Alternative Energy Speculations for 2008, with picks #8, 9, and10 published last Thursday.  If you haven't already, please read the introduction of that article before buying any of the stock picks that follow.  These companies are likely to be highly volatile, and large positions are not appropriate for many investors.   My least risky picks (#8,9, and #10) are part of that same article; my most speculative plays (#1-3) will are here. #7 Electro Energy, Inc. (NasdaqCM:EEEI) $0.68 Electro Energy has risen 36% in the month and a half since I last...

Clean Energy Stocks Shopping List: Smart Grid and Strong Grid

My five favorite stocks with technology to improve grid reliability. Tom Konrad, Ph.D., CFA Although the market has risen above where it was in early June, when I said "We're near the top," I'm still bearish.  And I'm still making lists of stocks to buy when prices seem more favorable.  Previous articles in this Clean Energy Stocks Shopping List series are listed at the end of this one. The Strong Grid I recently wrote about our list of Smart Grid Stocks, and at least two readers were prompted to ask why wasn't (1) Beacon Power (BCON) on the...

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...

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...