Will 2012 Finally Be The Year Of The Strong Grid?
By Tom Konrad (AltEnergyStocks): Utility infrastructure companies are seeing the beginnings of the long-anticipated infrastructure boom, and have the rising revenues and backlog to prove it.Investing in electric utility infrastructure has long been one of my favored ways to invest in the growing renewable energy sector without having to take a bet on unproven technology. The North American grid is in badly in need of an upgrade, and increasing penetration of variable and distributed resources such as solar and wind will require further upgrades in order to link these resources to the grid and distribute the effects of these resources variability over a wider area. Smart grid projects also allow the grid to better cope with solar and wind variability, and tap the energy efficiency potential at customer sites.Further, the natural gas boom has led to a gas pipeline building boom, which also helps the bottom line of many of these companies.Complete Story »
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