Companies Most Likely to Fix AI’s Power Problem

Schneider Electric designs the power distribution, controls and energy-management systems inside data centers. Improving how facilities use each megawatt may arrive faster than adding new generation.

Vertiv makes cooling and power equipment for high-density computing facilities. As AI racks draw more electricity and produce more heat, its engineering becomes essential to usable capacity.

Constellation operates the largest nuclear fleet in the United States and can contract dependable low-carbon electricity directly to data-center customers. Existing reactors give it an immediate advantage.

Fervo uses horizontal drilling and fiber-optic monitoring to make geothermal power available in more locations. A successful scale-up would provide round-the-clock generation without combustion.

Base Power installs distributed batteries at homes and uses them to support the grid while selling electricity. The model can add flexible capacity faster than a conventional power plant.

Emerald AI coordinates computing loads with grid conditions so data centers can reduce or shift demand when electricity is scarce. Flexible consumption may be cheaper than building for every peak.

Form Energy’s iron-air batteries store electricity for roughly one hundred hours, covering gaps that short lithium systems cannot. That duration could help grids absorb far more renewable generation.

GE Vernova supplies gas turbines, wind equipment and grid technology at utility scale. Whatever the preferred energy mix, data centers need the kind of generation and transmission hardware it already builds.

Commonwealth Fusion Systems is constructing SPARC to demonstrate net-energy fusion using high-temperature superconducting magnets. Commercial power remains distant, but the technical program is unusually concrete.

Oklo plans small reactors that can supply steady power close to industrial customers and data centers. Its challenge is turning customer agreements into licensed, operating plants.