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The contract between Constellation Energy and Google for 3.6 gigawatts has breathed new life into the long-beleaguered energy sector. For me, this is a clear signal: the big cloud companies want electricity, and they want it fast. Constellation jumped more than 12%, and ERock also climbed by 10%. The trend behind this is clear. Morgan Stanley anticipates a power gap of 32 gigawatts at US data centers by 2028. New grid connections and power plants take years to develop. Therefore, locally generated electricity is becoming increasingly important....
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