My Top Energy Stock to Buy in 2025
Energy demand is accelerating, especially for lower-carbon energy. The world needs more power to support an increasingly digital economy. Data centers, especially those supporting AI applications, require a tremendous amount of power. They're on pace to go from consuming 1%-2% of global electricity to 3%-4% by 2030. That would fuel significant demand growth for natural gas, renewable energy, and nuclear power.
Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) is a global leader in producing renewable energy. In addition, it has investments in nuclear energy services through its stake in Westinghouse Electric and a growing sustainable solutions business, which includes investments in carbon capture and storage. These catalysts have the company on track to continue growing briskly in 2025 and beyond. Add in everything else it has to offer, and Brookfield Renewable is my top energy stock pick for the New Year.
Brookfield Renewable operates one of the world's largest publicly traded platforms of renewable power assets. It has 37 gigawatts (GW) of renewable energy capacity around the world that helps offset 250 million tonnes of carbon annually. In addition to producing renewable energy, its sustainable solutions platform has investments in carbon capture, biofuels production, advanced recycling, global nuclear services, and solar panel manufacturing.
Source Fool.com
Brookfield Corp. Stock
Our community is currently high on Brookfield Corp. with 17 Buy predictions and 10 Sell predictions.
As a result the target price of 60 € shows a very positive potential of 57.89% compared to the current price of 38.0 € for Brookfield Corp..
