Comverge, Inc. (NASDAQ:COMV)

Salilp (74.78) Submitted: 5/18/2009 11:30:30 AM : Start Price: $13.38 COMV Score: -84.16

Tm Healy, ENERNOC Chairman's Annual shareholder letter makes interesting reading. It gives a very good idea where the demand response industry is headed in the next decade.
"The easiest way to describe the smart grid is to compare the smart grid to the internet. The internet can be described as having two layers: an infrastructure layer and an application layer. The infrastructure layer consists of routers, switches, servers etc. The application layer overrides the infrastructure to unlock the value of the internet for its users. ( think Amazon, eBay, Salesforce.com )
Similarly the smart grid will have the infrastructure layer and the application layer, comprising a range of technologies, including advanced transmission and distribution hardware, advanced metering infrastructure, and perhaps altogether new networks and protocols. The infrastructure itself, however, will not be inherently intelligent - it only has the potential to be. The grid will become "smart" when the technological capabilities of the infrastructure and the data it generates are leveraged to create new applications that increase energy productivity.
Just as the internet infrastructure improved to allow for more robust data and content delivery, new application providers emerged, but the early leaders that invested in their application grew their oganizations to become some of the economy's largest and most respected household names. We believe that smart grid is poised to experience the same cycle of innovation "

General Electric having a stake in Comverge and insiders buying, this is a 10 bagger or more.