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AI-Powered Utilities Set for a Record $240B Spend in 2026: Stocks to Watch
business12 days ago

AI-Powered Utilities Set for a Record $240B Spend in 2026: Stocks to Watch

AI is driving utilities to invest as much as $240 billion in 2026 to meet data-center power demand, but regulators may limit passing all costs to consumers. The piece suggests investors focus on power providers and services outside regulated grids, highlighting Brookfield Renewable Partners and NextEra Energy as attractive dividend plays, with Bloom Energy offering AI-ready fuel cells but at a stretched valuation. In short, choose players with contract-backed power and dependable yields over momentum plays with lofty multiples.

via The Motley Fool|
#ai#business#investing
GM Enables Bidirectional EV Charging to Power Homes—and the Grid
technology1 month ago

GM Enables Bidirectional EV Charging to Power Homes—and the Grid

GM has activated bidirectional charging for GM Energy customers, enabling thousands of GM EVs to feed power back to homes and potentially the wider grid. While about 250,000 GM EVs are technically capable, actual use hinges on installing a $20,000 GM Energy system and securing utility programs that pay owners for grid support; pilots with utilities like DTE Energy and PG&E seek to prove viability, but broader adoption will require interoperability with many utilities and favorable policy.

via WIRED|
#bidirectional-charging#electric-vehicles#gm-energy
AI’s power play: NextEra-Dominion megamerger could steer America's data-centre future
business2 months ago

AI’s power play: NextEra-Dominion megamerger could steer America's data-centre future

NextEra Energy and Dominion Energy unveiled a $420bn megamerger to consolidate the eastern US electricity grid that underpins the AI data‑centre boom in Virginia’s “data centre alley,” backed by a claimed 130 GW of data‑centre demand. The deal values Dominion at about $76 a share (enterprise value ~ $124bn including $56.7bn debt) and faces a lengthy regulatory path—roughly 18 months—with a $4.8bn break fee if blocked. To ease consumer fears over higher power costs amid the AI infrastructure rush, NextEra has pledged $2.2bn in bill credits for customers in Dominion’s service areas.

via Financial Times|
#artificial-intelligence#business#mergers-and-acquisitions
NextEra to buy Dominion in $67B all-stock merger, forming the world's largest regulated utility
business2 months ago

NextEra to buy Dominion in $67B all-stock merger, forming the world's largest regulated utility

NextEra Energy will acquire Dominion Energy in an all-stock deal valued at about $67 billion, creating the world's largest regulated electric utility that will serve roughly 10 million customers across Florida, Virginia, North Carolina and South Carolina. Ownership would be about 74.5% for NextEra shareholders and 25.5% for Dominion, with the merger expected to close in mid-to-late 2027. The deal aims to meet rising electricity demand from AI and data-center growth and includes $2.25 billion in one-time credits for Dominion customers in three states, though critics warn it may not deliver lasting relief if returns on equity remain high.

via CBS News|
#business#dominion-energy#electricity
NextEra and Dominion Eye $400 Billion Utility Titan in AI-Driven Power Play
business2 months ago

NextEra and Dominion Eye $400 Billion Utility Titan in AI-Driven Power Play

NextEra Energy and Dominion Energy are in talks for a stock-based tie-up that would create a US utility giant valued at more than $400bn, expanding NextEra into the Carolinas and Virginia to meet booming electricity demand from AI data centers; approvals would require antitrust and energy regulators, and although a deal could be announced soon, discussions could still collapse.

via Financial Times|
#ai-data-centers#business#dominion-energy
Oracle Surges 11% on AI Utilities Push Amid Oversold Rebound
business3 months ago

Oracle Surges 11% on AI Utilities Push Amid Oversold Rebound

Oracle (ORCL) stock jumped about 11% on heavy volume after the company rolled out AI tools for the utilities sector and technicals flagged an oversold setup, with bulls pointing to Q3 FY2026 organic revenue and EPS growth of 20%+ and FY2027 revenue guidance of $90B; CFO Hilary Maxson received a $26M stock package signaling discipline, though bears warn about high debt, data-center buildout costs, and monetization risks from its OpenAI partnership.

via 24/7 Wall St.|
#ai#business#earnings
Health Insurance and Utilities Propel 2025 Business-Cost Surge, With 2026 Slowdown Ahead
business4 months ago

Health Insurance and Utilities Propel 2025 Business-Cost Surge, With 2026 Slowdown Ahead

New York Fed’s Liberty Street Economics reports that in 2025, firms saw cost increases accelerate, led by employee health insurance (roughly 13–14%), utilities (~8%), and business insurance (~7–7.5%), with manufacturers facing about 8% costs for goods and materials. Tariffs contributed to input costs for some firms. Wages rose modestly (~3.4%) and rents ~2%. Firms expect costs to ease in 2026 to around 4.8% for manufacturers and 5.4% for service firms, and the series will further examine health-insurance effects on wages and pricing/inflation expectations.

via Liberty Street Economics|
#business#business-insurance#health-insurance
AES to go private in $10.7B deal with major investment funds
business4 months ago

AES to go private in $10.7B deal with major investment funds

AES plans to be sold to a consortium led by Global Infrastructure Partners and EQT Infrastructure VI, taking the utility company private. Shareholders will receive $15 per share (equity value around $10.7B; enterprise value about $33.4B). AES Indiana and AES Ohio would remain regulated, locally operated utilities, and the company says customer rates won’t be affected. The deal is expected to close in late 2026 or early 2027. Some Indiana lawmakers have voiced concerns about private ownership of essential services.

via WTHR|
#aes#business#eqt
DOE’s Record-Breaking $26.5B Loan Aims to Cut Power Bills for GA and AL
energy4 months ago

DOE’s Record-Breaking $26.5B Loan Aims to Cut Power Bills for GA and AL

The Energy Department closed a historic $26.5 billion loan package to fund Southern Company subsidiaries, delivering over $7 billion in electricity cost savings to millions of customers in Georgia and Alabama. The program will support about 16 GW of firm power, including new gas generation, nuclear uprates, hydropower modernization, battery storage, and transmission upgrades, while lowering the utility’s interest expenses by over $300 million per year and boosting jobs and grid reliability.

via Department of Energy (.gov)|
#alabama#energy#finance
Wisconsin Grassroots Battle Maps Blueprint to Push Back AI Data Centers
economy-and-labor5 months ago

Wisconsin Grassroots Battle Maps Blueprint to Push Back AI Data Centers

Wisconsin residents, led by DeForest organizers, blocked a Blackstone-backed QTS data center annexation, illustrating a growing nationwide grassroots playbook against private-equity–backed data-center expansion and its potential to raise energy costs and strain water resources, while urging stronger regulations on data centers and privatized utilities.

via Truthout|
#data-centers#economy-and-labor#grassroots-organizing
Winter heating bills near $1,000 push a fifth of Americans toward financial strain
personal-finance5 months ago

Winter heating bills near $1,000 push a fifth of Americans toward financial strain

NEADA projects the average winter heating cost nationwide near $995, with electric-heated homes topping $1,000. A massive upcoming winter storm could drive bills higher for over 200 million people, while about 16% of households were behind on utility payments last year (roughly $23 billion). Arrears could reach around $28 billion in 2026 as energy costs and inflation press household finances. Utilities are offering relief programs, but many families may still struggle to heat their homes this winter.

via MarketWatch|
#energy-prices#heating-costs#household-budget