Nextera Seen Positioned to Capture Growing U.S. Power Demand

Dow Jones
Jul 24

1136 ET - NextEra Energy is strongly positioned to capture the power demand from the artificial-intelligence boom, Melius Research analysts write in a note after the company reported a soaring profit in the second quarter. The company should easily meet and beat both its base case and upside scenario for power generation by 2035, and its pending tie-up with Dominion Energy is poised to create a U.S. energy giant, the analysts say. "Power demand in the US is entering its steepest growth cycle in a generation, inflected upward by the AI datacenter buildout, electrification, and reshoring," the analysts write. "NEE is structuring itself to be the only company with the balance sheet, supply chain, and operating platform to meet that demand at scale." (elias.schisgall@wsj.com)

 

(END) Dow Jones Newswires

July 24, 2026 11:36 ET (15:36 GMT)

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