AI data centers to drive demand for nuclear and clean energy, with Duke Energy and NRG Energy involved.

From Investing.com: 2025-01-22 11:23:00

AI data centers are projected to consume 9% of electricity by 2030, driving electric companies towards nuclear and clean energy options like Duke Energy and NRG Energy. Duke Energy, a classic utility, serves 8.2 million customers in the South and aims for net-zero carbon emissions by 2050. It faces hurricane risks and recent restoration costs of $2.9 billion. Q3 2024 results show Duke Energy beat EPS estimates and reaffirmed guidance, with a 12.84% stock increase in the last year. NRG Energy operates in deregulated markets, offering lower prices but facing price spikes during extreme weather. Q3 2024 EPS missed estimates, but revenue fell, and guidance was raised, with a 104% stock increase in the last year.



Read more at Investing.com: Duke Vs. NRG: Which Energy Stock Will Power Higher Gains?