This is a market sweet spot, as I wrote last month . The FERC order provides incentives to meet the demand, utilities are buying wind and solar plants that require more storage and cloud data centers are demanding more reliable, stable power supplies. Of the four companies mentioned above, it's ABB that looks like the best investment. It is heavily leveraged toward the utility space, it delivers a range of storage technologies and it discusses power first in descriptions of the business. Over the last 12 months the shares are up 37%, but still offer a solid dividend and yield 3.18%. That dividend has been rising steadily over the last few years, from 44 cents a share per quarter to the current 70 cents. A European regulation similar to FERC 890 could send this stock into overdrive. Schneider Electric, whose shares are traded only in Europe, is based in France and is also focused on energy management. Its specialty, however, is low-voltage equipment like circuit breakers and switches, and the company is in the process of refinancing its debt, writes Business Week.
Speaking in Atlanta recently, the Department of Energy's point man on this, Imre Gyuk, said power outages cost the U.S. economy $79 billion a year, in an energy market worth $250 billion. He said the market needs 200 kilowatts of storage for each megawatt of power. Certainly that's worth $10 billion. At the time of publication, the author was long AAPL. Follow @DanaBlankenhorn This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.