Energy Storage Stocks: Destined for Great Things

|
Includes: ACPW, ALTI, AONEQ, AXPW, BCONQ, CHP, ENS, ESNC, HEV, MXWL, ULBI, VLNCQ, XIDEQ
by: John Petersen

In November 2008 I described energy storage as an investment tsunami, an energy efficiency mega-trend that was still in its infancy but destined to grow to gigantic proportion and endure for decades. Events over the past year have unfolded about as I expected them to. This morning Reuters reported on a new survey of venture capitalists attending the World Economic Forum in Davos. While I wasn't surprised to learn that clean-tech is a hot topic in the VC world, I was amazed by the following graphic summary of the survey results.


Click to enlarge
When Energy Management and Energy Storage tie for first place, and each of them eclipses all other categories by a wide margin, I have to believe that 2010 will be a very good year for the domestic pure-play energy storage companies I've been tracking since starting this blog.

This is fun and I'm having it.

Disclosure: Long AXPW.OB, CHP, XIDE, ZBB, ACPW