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3 AI Energy Stocks to Buy Now

TheMotleyFool

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Artificial intelligence (AI) is eating electricity faster than the grid can deliver it. Each new data center requires hundreds of megawatts of power and 24/7 clean energy that the current grid cannot fully provide. Demand projections show 60 to 120 gigawatts of new load by 2030 -- equivalent to adding Italy's entire power consumption to the U.S. grid at current levels.

What's key for investors to understand is that companies currently able to generate reliable nuclear power, expand transmission lines, or cool high-density servers are already landing multi-year contracts with the AI power players (pun intended). That's a potent tailwind for investors.

Image source: Getty Images.

Source Fool.com

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