Constellation Energy Emerges as Top Pick Amid Surging Demand for Clean Power
U.S. electricity demand is projected to surge 25% by 2030, with tech giants grappling with unsustainable energy consumption in data centers. Constellation Energy (CEG), the nation's largest carbon-free power producer, has seen its stock rally 48% this year as it capitalizes on this trend.
The unregulated utility operates unlike traditional peers, selling power at market rates rather than fixed prices. Its nuclear-dominated 22.2-gigawatt clean energy portfolio has secured supply deals with major tech firms, positioning it uniquely in the energy transition.