Surge in US electricity demand projected, drawing attention to energy stocks
NEE NextEra Energy Inc
$82.10 +0.24%
View chart & analysis → - 1Rabobank Research forecasts that US electricity demand could increase by 20% by 2030.
- 2Constellation Energy signed a 20-year power purchase agreement with Alphabet earlier this month.
- 3GE Vernova recorded an order backlog of over $176 billion, reflecting demand for power equipment.
So what's the key point?
The demand for electricity in the US is expected to grow by 20% by 2030. Because of this, companies like Constellation Energy and GE Vernova are gaining attention.
Source Barrons.com +1 · View original ↗
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