House passes Ratepayers Protection Act; nuclear stocks rise
U.S. nuclear stocks jumped at Thursday’s close after the House passed the Ratepayers Protection Act. The measure would shift responsibility for power-upgrade costs from consumers to tech and data center companies.
S. nuclear stocks climbed into the close on Thursday after the House passed the Ratepayers Protection Act on Wednesday. The act is intended to move the cost of power upgrades needed to operate new large data centers from consumers to tech and data center companies.