Electricity demand in the U.S. has become explosive.
For one, demand could increase 38% between 2020 and 2040, which is up from the 9% increase in demand between 2000 and 2020.
In addition, according to the World Nuclear Association, electricity demand is increasing twice as fast as overall energy use, and is likely to rise by more than half to 2040.
They added: “Growth in the world’s population and economy, coupled with rapid urbanization, will result in a substantial increase in energy demand over the coming years. The United Nations (UN) estimates that the world’s population will grow from 7.8 billion in 2020 to around 8.5 billion in 2030 and 9.7 billion by 2050. Electricity demand growth has outpaced growth in final energy demand for many years. Increased electrification of end-uses – such as transport, space cooling, large appliances, and ICT – are key contributors to rising electricity demand.”
Two, artificial intelligence data centers, the onshoring of U.S. manufacturing, and electric vehicles will require even more electricity. After all, data centers use a substantial amount of electricity to operate the technology and to cool it. So as demand increases, electricity demand will increase, as will the need for power utilities, like American Electric Power.
That being said, investors should pay close attention to stocks, such as: Since bottoming out at around $66 earlier this year, Sempra (SYM: SRE) is now up to $83.25 and could see higher highs. Helping, the company recently declared a 62-cent dividend, which is payable on October 15 to shareholders of record as of September 26. Plus, Bank of America analysts just reinstated a buy rating on SRE with a $94 price target. |
Oxford Club
The NEXT Trillion Dollar Company?
It just signed a deal to get its tech in Apple’s iPhone until 2040! Online commenters are debating if this brand-new company will be the 7th trillion dollar stock.
Details on the controversy here.
Company: American Electric (SYM: AEP) Since bottoming out at around $68 in late 2023, AEP rallied to a high of $105. Now back to $101.84, we’d use recent weakness as a buy opportunity. Helping, the company recently signed letters of intent to connect another 15 GW of data centers, or 42% of its peak electrical load by the end of the decade, as noted by Reuters. Plus, AEP carries a yield of 3.46% and just paid out a dividend of 88 cents on September 10. That’s it’s 457th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. |
Mode Mobile
This company already saw 32,481% growth (Income opp)
This company already saw 32,481% revenue growth from 2019 to 2022, a leap that ranked them #1 in software, on Deloitte’s 500 fastest-growing companies list. But you have to hurry, because 27,367 shareholders have already participated in previously sold-out allocations, and that means this opportunity could disappear fast…
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