House Passes Bill to Require Data Centers to Cover Energy Costs; Nuclear Stocks May Benefit
The U.S. House of Representatives passed the Ratepayer Protection Act with overwhelming bipartisan support, aiming to prevent data centers from shifting infrastructure costs onto consumers by requiring large operators to cover their own energy expenses. The bill still needs Senate approval and presidential signing before becoming law. If enacted, this legislation could significantly impact industries reliant on high-energy consumption, particularly nuclear power providers supplying small modular reactors (SMRs) for AI-driven data centers. Companies like Oklo Inc., which directly sells SMRs to tech firms, may benefit more than others due to their targeted approach. Vistra Corp., GE Vernova, and Bloom Energy are among the other companies expected to gain from increased demand for independent energy solutions as data centers seek alternative power sources.
Topics: data centers electric grid nuclear energy Ratepayer Protection Act