Motley Fool Money 2024 in Review: Energy
16 snips
Dec 7, 2024 
In this engaging conversation, Fool analyst Nick Sciple, an expert in the energy sector, joins host Ricky Mulvey to unpack the surprising strength of energy stocks in the S&P. They delve into the U.S. advancements in efficient oil extraction and tackle the hurdles for companies aspiring to build small nuclear reactors. Investor interest in renewables appears stagnant, prompting a discussion about the broader energy landscape and the promising intersection of big tech and nuclear energy strategies.
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AI's Energy Impact
- AI's increasing energy demands dominate 2024 energy headlines.
- U.S. energy consumption, stagnant for 20 years, is now expected to surge due to AI and data centers.
Nuclear Power Generators
- Vistra Energy and Constellation Energy, top S&P performers, are major nuclear power generators.
- These companies benefit from increased electricity demand and the rising value of nuclear assets.
US Oil Efficiency
- US oil production hit records in 2024 with increased efficiency.
- Technological advancements and better drilling practices have driven this growth.