Meeting the insatiable demand for energy has been accentuated by the rapid growth of AI data centers. By 2030, it is estimated they will consume 9% of all the electricity generated domestically. This is driving many electric companies to turn to nuclear reactors and various sorts of renewable and clean energy options. Two major players in the utilities sector are Duke Energy Co. (NYSE: DUK) and NRG Inc. (NYSE: NRG). The two electric companies cover over 15 million customers and are spread throughout more than 20 states. The most obvious distinction between the two is that Duke Energy is a regulated utility while NRG is engaged in the competitive deregulated energy markets. For investors, the question is which stock can provide more gains in 2025? Here’s a breakdown of both companies to help you decide.
