2 Power Stocks Riding the AI Electricity Boom. Which Is Best for Your Portfolio?
Nuclear power stocks are set to benefit from rising electricity demand.
Overview
From 2005 to 2020, U.S. electricity demand was essentially flat. That is, businesses and consumers continued to use roughly the same amount of total energy year after year. This resulted in minimal new energy capacity being adding to the electricity grid.
Then everything changed. Electricity demand started to rise. And now, experts believe electricity demand in the U.S. will grow consistently for decades to come. What happened? The adoption of energy-intensive artificial intelligence (AI) technologies.
Details
Let's see what this could all mean for two nuclear energy stocks in particular right now.
Source
Originally published at www.fool.com.
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