15 Best Nuclear Power Stocks to Buy According to Wall Street Analysts

El Paso residents urged city leaders to regulate or stop new hyperscale data centers, citing concerns about water, electricity demand, environmental impacts, and incentives. Meta is building one in El Paso; the Army plans another at Fort Bliss; a third is planned in Santa Teresa, NM. City Council voted May 26 to end data-center incentives. The city says Meta received an 80% property tax rebate up to $550M for an $800M investment and 50 jobs (now 300+). The city is drafting a Data Center Policy F

The article says major tech firms are set to spend over $700 billion on AI-related data centers and chips in 2026, citing planned capex of about $200 billion (Amazon), $190 billion (Microsoft), up to $190 billion (Alphabet), and $125–$145 billion (Meta). It highlights American Electric Power (AEP), which in Q1 2026 added 7 GW of future load, raising contracted load by 2030 to 63 GW, nearly 90% data centers. AEP raised its five-year capital plan to $78 billion, reported Q1 revenue up ~10% to $6.0

Big Tech’s AI capex is projected to exceed $700B in 2026, led by Amazon (~$200B), Microsoft (~$190B), Alphabet (up to ~$190B) and Meta ($125B–$145B), mostly for data centers and chips. American Electric Power (AEP) says it added 7 GW of future load in Q1 2026, totaling 63 GW by 2030 (nearly 90% data centers). AEP raised its 5-year capex plan to $78B and reported Q1 revenue +10% to $6.0B, EPS $1.64, reaffirming 2026 EPS guidance $6.15–$6.45.

The article says electricity capacity prices in PJM’s 13-state market have surged as AI data centers increase projected demand. PJM’s capacity auction price for eastern U.S. plants rose from $28.92/day per MW two years ago to $269.92 last year, with later auctions clearing near $329–$333. Monitoring Analytics attributes much of the increase to data centers, while environmental and other groups warn ratepayers may pay even if some projects don’t materialize.

Truist cut its price target on Public Service Enterprise Group (NYSE:PEG) by $3 to $88 on May 18, 2026, while keeping a Hold rating, citing updates to its Power and Utilities model ahead of the American Gas Association’s Financial Forum. Separately, PEG was named to the Dow Jones Best-in-Class North America Index for the 18th straight year, according to S&P Global.

Morgan Stanley analyst David Arcaro trimmed American Electric Power’s (AEP) price target from $136 to $129 but kept an “Overweight” rating, citing updated targets for North American regulated and diversified utilities/IPPs. The group rose 2% in April versus 10.4% for the S&P. AEP’s Q1 2026 results showed 7 GW of new project agreements, expected incremental load of 63 GW by 2030, and a $6 billion increase to a $78 billion five-year capital plan.