【出版时间及名称】：JPM-THE SMART GRID-UNLOCKED-2010 FIRST HALF UPDATE-STIMULUS FUNDS BEGIN TO FLOW-100311
【作者】：jpmorgan
【文件格式】：pdf
【页数】：96
【目录或简介】：
Portfolio Strategy .....................................................................4
Sustainable Energy a Critical Secular Story ................................................................4
Finding “Smart” Investments in Alternative Energy ...................................................4
Investment Thesis ....................................................................6
Smart Meter Projects – US.....................................................13
Transmission & Distribution: Outlook..................................16
Smart Meter Projects – International ....................................17
European Legislation .................................................................................................17
International Projects .................................................................................................17
Smart Grid Overview: Japan .................................................22
Electronics companies’ initiatives .............................................................................22
Smart grids as part of a renewable energy policy ......................................................22
Smart grids in Japan...................................................................................................23
Policies on reverse power flows.................................................................................23
Power system simulator .............................................................................................23
Smart meters in Japan ................................................................................................24
Smart homes and home energy management systems ...............................................24
Regulatory Environment – United States .............................26
Federal Energy Regulatory Commission (FERC)......................................................26
FERC Report..............................................................................................................26
American Recovery and Reinvestment Act of 2009..................................................28
U.S. Department of Energy Tax Credits ....................................................................34
Smart Grid and Smart Meter Standards ...............................35
NIST Standards..........................................................................................................36
AMI Security .............................................................................................................37
The Association of Home Appliance Manufacturers (AHAM) .................................41
ZigBee Alliance .........................................................................................................44
Electric Vehicles and Grid Infrastructure ..................................................................46
The J.P. Morgan Smart Grid Basket......................................51
Basket Methodology and Composition......................................................................51
Basket Performance ...................................................................................................52
Top Picks – ENOC/OW and ITRI/OW.....................................55
Itron, Inc (ITRI/Overweight)....................................................58
Company Description ................................................................................................58
Investment Thesis ......................................................................................................58
Valuation and Rating Analysis ..................................................................................58
Risks to Our Rating and Price Target ........................................................................59
EnerNOC Inc. (ENOC/Overweight) ........................................60
Company Description ................................................................................................60