Big Tech's Shift to Nuclear Energy Boosts Utilities

Reported 3 months ago

As major tech firms like Alphabet and Microsoft seek sustainable power for their AI data centers, there is a growing focus on nuclear energy, which analysts believe will drive independent power producers. Experts suggest reopening dormant nuclear plants could meet the increasing demand for clean energy, positioning utilities for future growth despite current market conditions. With long-term investments in diverse energy sources expected to enhance earnings, the utilities sector appears poised for a positive shift.

Source: YAHOO

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