Nuclear Energy Stocks Surge
This is a Louisiana news story, published by Investor's Business Daily, that relates primarily to Talen Energy news.
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nuclear technology stocksInvestor's Business Daily
•Nuclear energy stocks rode a wave of excitement as Big Tech scrambles for power
79% Informative
Nuclear energy stocks spent much of 2024 running at the top of the S&P 500.
Constellation Energy , Vistra and other new nuclear-focused companies rode a wave of excitement as Big Tech scrambled to find the electricity needed to power its artificial intelligence ambitions.
Analysts remain bullish on nuclear energy stocks in 2025 .
In early December , Meta Platforms announced plans to build a massive $10 billion artificial intelligence data center in northeast Louisiana .
Before the deal, Meta published a request for proposals for nuclear energy developers to provide one to four gigawatts of new nuclear generation capacity by the early 2030s .
The Federal Energy Regulatory Commission rejected a $650 million deal last March between Amazon.com and Talen Energy .
Thursday 's GSA deal proved the Biden administration commitment to tripling U.S. nuclear energy capacity by 2050 .
Despite the lack of clarity from President-elect Trump , analysts broadly see bipartisan support for nuclear energy.
Nuclear production tax credit sets a "quasi floor" price for nuclear of roughly $45 per megawatt through at least 2032 .
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