NEW YORK, Nov. 10, 2024 (GLOBE NEWSWIRE) -- NextEra Energy Investments (NEI) and SOSA are excited to announce their partnership for the 2025 edition of the NextEra Energy Investments Seed Competition. Pre-Series A startups have the opportunity to receive up to $1 million in capital investment from NEI. The competition invites applications from early-stage companies focused on developing innovative solutions in cybersecurity, data & AI, decarbonization, and energy transition. Last year’s competition resulte ...

The future of nuclear power may be small. Or maybe it won't be, if NextEra Energy's CEO is right.NuScale Power (SMR 13.01%) is an upstart looking to be at the forefront of what could be a massive overhaul of the nuclear power industry. That's the hope, anyway. However, at least one notable utility industry veteran doesn't think NuScale Power's approach to nuclear energy will work out as well as investors seem to hope right now, given the stock's rapid ascent of late (the stock is up 400% in a year!). Here's ...

As expected, we saw NextEra Energy Resources (“NEER”) originations hit 3 gigawatts once againI see NextEra Energy’s (NYSE: NEE ) 3Q24 results as reaffirming my investment thesis that the company is well positioned to benefit from the expected growth to come in power demand.Outperforming the MarketOutperforming the Market is focused on helping you outperform the market while having downside protection during volatile markets by providing you with comprehensive deep dive analysis articles, the AI deep dive re ...

A downtrend has been apparent in NextEra Energy (NEE) lately with too much selling pressure. The stock has declined 7.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for sp ...

JUNO BEACH, Fla., Nov. 6, 2024 /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) today announced that members of the senior management team will participate in the EEI Financial Conference from Sunday, Nov. 10, 2024, through Tuesday, Nov. 12, 2024, and participate in various investor meetings throughout November and December. They plan to discuss, among other things, long-term growth-rate expectations for NextEra Energy, reaffirming the company's previously announced adjusted earnings per share expectations ...

Investors in NextEra Energy, Inc. (NEE) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $42.50 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...

NextEra Energy (NYSE: NEE ) has a strong growth trajectory as it navigates through an environment of accelerating demand for power. Hyperscalers will likely provide significant capacity growth later in the decade, whether it’s through grid connections or with dedicatedMichael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working in industries that range from O&G, OF ...

The Utilities group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is NextEra Energy (NEE) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.NextEra Energy is a member of our Utilities group, which includes 105 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 differen ...

NextEra Energy (NEE) reported better-than-expected third-quarter 2024 earnings per share on Oct. 23. Earnings and revenues increased 12.8% and 5.5%, respectively, year over year. The uptick was driven by the solid performance of Florida Power & Light Company ("FPL") and NextEra Energy Resources. Courtesy of solid financial and operational performance at both businesses, NEE has reported strong earnings results. The company surpassed expectations in the last four quarters, with an average earnings surprise o ...

Core Viewpoint - NextEra Energy does not anticipate nuclear power to significantly contribute to the expected surge in U.S. energy demand over the next two decades, citing practical limitations and expressing greater optimism for renewable energy growth [1][5]. Group 1: Power Demand Surge - NextEra Energy's CEO John Ketchum indicated that the U.S. power industry is entering a period of unprecedented growth, with forecasts suggesting a sixfold increase in power demand over the next 20 years compared to the previous two decades [2]. - Data centers are a major driver of this demand, expected to add approximately 460 terawatt hours of new electricity demand at a compound annual growth rate of 22% from 2023 to 2030 [2]. Group 2: Nuclear Energy's Role - Ketchum acknowledged that while nuclear energy will play a role, there are significant limitations, including the economic feasibility of recommissioning existing plants, with only a few plants like the Duane Arnold nuclear plant in Iowa being viable [3]. - Even with successful recommissioning, nuclear power would only contribute less than 1% of the anticipated 900 gigawatts of new power capacity needed by 2040 [3]. Group 3: Limitations and Alternatives - The existing merchant nuclear generation capacity is limited, with only about 20 merchant nuclear plants in the U.S., and they are not evenly distributed, which complicates meeting new demand [3]. - New nuclear capacity options, such as utility-scale nuclear and small modular reactors (SMRs), are considered unproven and expensive, not expected to be commercially viable until the latter part of the next decade [4]. Group 4: Renewable Energy Outlook - NextEra Energy is significantly more optimistic about renewable energy, forecasting a tripling in renewables growth over the next seven years compared to the previous seven [4]. - The company believes it is well-positioned to capitalize on the anticipated surge in power demand due to its scale and experience in the renewable energy sector [4][5].