Nuclear Energy Stocks Riding a Growth Surge

Nuclear power's revival as a reliable baseload source is being propelled by electricity demand projected to climb roughly 60% by 2045, driven by electric vehicles and AI data centers . Established operators and new-technology entrants alike stand to benefit as the grid strains to keep up.

CEG is among the clearest large-cap plays, offering broad regulated nuclear exposure . At the higher-risk end, SMR (NuScale Power) is developing small modular reactors that promise faster, cheaper deployment if the technology proves out. For more conservative investors, BEP (Brookfield Renewable Partners) pairs nuclear-adjacent clean-power exposure with steady income.

Each represents a distinct risk profile within the same structural theme. Catalysts to watch include new data-center power agreements and SMR licensing milestones, while construction cost overruns, permitting delays, and higher financing costs remain the principal risks to the thesis.

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• CEG