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Stock impact report

States are struggling to meet their clean energy goals. Data centers are to blame 1 / 5 [Yahoo! Finance Canada]

NextEra Energy, Inc. (NEE) 
Last nextera energy, inc. earnings: 4/22 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.nexteraenergy.com
That means the utility could miss Nevada's clean energy targets requiring 50% renewable power by 2030. “I can't remember a time in the history of the industry where we've seen as much interest in adding load, which is primarily driven by data centers,” said Shawn Elicegui, senior vice president of regulatory and resource planning for NV Energy, which provides electricity to 90% of the state. It's one of many utilities across the country grappling with how to meet the exploding electricity demand for data centers to power artificial intelligence without sacrificing long-term plans to move away from fossil fuels in favor of renewable and zero-carbon sources. In North Carolina, which is also seeing a surge of data centers, the largest utility is revising its long-term plans to delay the retirement of coal plants and to build more natural gas plants. Legislators removed an interim goal for utilities to cut carbon emissions, spurring concern from environmentalists that the state mig Show less Read more
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