No AI Without Power: Data Centers’ Energy Consumption is Skyrocketing. NRG Energy Receives Strong Analyst Support with a Price Target of $232 (+48%)

Without electricity, there is no intelligence. A ChatGPT query consumes about ten times more energy than a Google search. Data centers are the new "industry heavyweights," and NRG Energy (NRG) has maneuvered into a solid position here. For a long time, NRG was considered a classic, somewhat sluggish power generator. NRG has massively expanded its generation portfolio through the acquisition of LS Power assets. That was clever. While many focus solely on renewable energy, NRG scores with gas power plants. Why? AI data centers need "baseload" –...