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The AI power supply boom is spreading! Haynes & Boone optimistic forecast: US gas will hit the $3 mark next year
The Zhitong Finance App learned that law firm Haynes and Boone LLP expects US gas prices to reach the $3 mark as early as next year due to data centers that consume huge amounts of electricity driving demand for fuel for power plants. Haynes and Boone's survey of private equity firms, energy producers, and oil field service companies showed that unusually mild winters and sufficient supply in North America have caused US gas futures to fall to levels close to 28-year lows in recent months. The survey found that falling prices due to oversupply also prompted some companies to reduce hedging. Last time natural
Empowering Customers For a Sustainable Energy Future
NORTHAMPTON, MA / ACCESSWIRE / May 21, 2024 / NRG EnergyOriginally published on NRG Energy InsightsBy Lynda ClemmonsThis Earth Month is the perfect opportunity to reflect on the intersection of sustai
NRG Energy Insider Sold Shares Worth $2,047,382, According to a Recent SEC Filing
Rasesh M. Patel, President, NRG Consumer, on May 16, 2024, sold 24,546 shares in NRG Energy (NRG) for $2,047,382. Following the Form 4 filing with the SEC, Patel has control over a total of 266,064 sh
Since the beginning of the year, it has risen by more than 14%. Is the US utility sector the “hidden winner” of the AI craze?
The utility sector has recovered all of its losses since 2023 and rose nearly 8% in May alone. This is mainly due to the growing belief that the utility sector will benefit from the development of artificial intelligence (AI), which has contributed to recent excellent performance.
Activist Investor Elliott Acquires Major Stake In Johnson Controls: Report
Elliott Investment Management, an activist investor, has reportedly amassed a significant stake in Johnson Controls International Plc (NYSE:JCI), valued at over $1 billion, making it one of the compan
Utility Stocks an AI Play? Up 8% in May Alone, Third-best S&P Sector Performer YTD