The Best 3 Industrial Energy Stocks to Buy and Hold for Decades

By Reuben Gregg Brewer – Mar 24, 2026 at 5:15PM ESTKey PointsBloom Energy builds fuel cells used to provide power when the grid isn't an option.Brookfield Renewable owns a 50% stake in Westinghouse, one of the world's largest nuclear power companies.NuScale Power is inching closer to the first sale of a small modular nuclear reactor.Industrial companies do many things, but one area with significant demand is power. The world is electrifying and, at the same time, shifting away from dirtier power sources. Economic development, electric vehicles, AI, and data centers are all a part of the equation. The increasing demand for cleaner electricity is likely to be a multi-decade opportunity. Bloom Energy (BE +3.28%), Brookfield Renewable (BEP +2.19%)(BEPC +2.31%), and NuScale Power (SMR 2.86%) are three ways you can play this vital industrial energy trend. Bloom Energy is helping fill the utility gap Bloom Energy makes solid oxide fuel cell systems. The process generates electricity from natural gas, hydrogen, or biogas without combustion. The fuel cells are modular so they can be scaled up as needed simply by adding additional fuel cells. The key is that this fast-growing industrial business makes its fuel cells in a factory and then delivers them to where they are needed. Image source: Getty Images. Because it can take a long time to secure a grid connection from a utility, Bloom Energy is helping quickly provide power to data centers and other vital infrastructure. And the demand for its fuel cells and services is huge, with the company ending 2025 with a $20 billion backlog. It also reported a 37% increase in revenue, with the top line hitting a record $2 billion. Gross margin increased 160 basis points. And on an adjusted basis, earnings rose from $0.28 per share in 2024 to $0.82 in 2025. To be fair, investors are aware of the opportunity here. The stock is up over 500% in a year. It is only appropriate for growth investors. However, given the huge backlog, growth doesn't look likely to slow down anytime soon. ExpandNYSE: BEBloom EnergyToday's Change(3.28%) $4.63Current Price$145.96Key Data PointsMarket Cap$40BDay's Range$136.98 - $146.6252wk Range$15.15 - $180.90Volume377KAvg Vol11MGross Margin30.89% Brookfield Renewable Energy is an income opportunity For investors who need income, Brookfield Renewable will be a solid option. The partnership share class has a yield of 5% while the corporate share class yields 4%. The only difference between the two share classes is the corporate structure; the yield difference is driven by higher demand for the corporate share class. Many institutional investors are barred from owning partnerships, which creates an income opportunity for small investors. Brookfield Renewable owns a portfolio of solar, wind, hydroelectric, and storage assets spread across North America, South America, Europe, and Asia. But the industrial energy story is that it also owns 50% of Westinghouse, one of the world's largest service providers to the nuclear power industry. It designs, builds, and helps maintain nuclear power plants. ExpandNYSE: BEPBrookfield Renewable PartnersToday's Change(2.19%) $0.67Current Price$31.30Key Data PointsMarket Cap$9.4BDay's Range$30.62 - $31.8752wk Range$19.29 - $32.78Volume658KAvg Vol645KGross Margin18.64%Dividend Yield4.93% An investment in Brookfield Renewable lets you hit two targets at once, since you get a clean power business and an industrial energy company in one. Notably, the company expects to spend up to $10 billion on growth projects over the next five years, helping to support its goal of 5% to 9% distribution growth. NuScale Power is a high-risk/high-return play Sticking with the nuclear power theme, NuScale Power is building a business around small modular nuclear reactors (SMRs). Its reactors will be factory-built and use modern safety technology, helping to reduce the costs of reactors and increase their safety, from construction to operation. SMRs could revolutionize the nuclear power industry. ExpandNYSE: SMRNuScale PowerToday's Change(-2.86%) $-0.34Current Price$11.37Key Data PointsMarket Cap$3.7BDay's Range$11.15 - $11.6152wk Range$11.08 - $57.42Volume568KAvg Vol26MGross Margin33.84% The problem is that NuScale Power has yet to build and sell its first SMR. It has some sales lined up, but they have not yet been finalized. The stock has been on a roller coaster ride over the past year, up more than 190% at one point but now down over 30%. Clearly, only the most aggressive growth investors should consider NuScale Power. However, if the company's SMR technology gains traction, it could be a major player in the nuclear power industry for decades to come. Three ways to play the industrial energy niche Electricity is increasingly important to the world, and you can tap into that demand with companies like Bloom Energy, Brookfield Renewable, and NuScale Power. They'll each appeal to a different type of investor, from dividend lovers to start-up fans. Take some time to learn about each, and you'll likely find one that fits your portfolio.Read NextMar 11, 2026 •By Reuben Gregg BrewerIs Bloom Energy a Buy, Sell, or Hold in 2026?Dec 14, 2025 •By Neha Chamaria2 Things Every Bloom Energy Investor Needs to KnowNov 2, 2025 •By Neha ChamariaWhy Did Bloom Energy Stock Rocket Beyond 50% in October?Oct 13, 2025 •By Rich SmithWhy Bloom Energy Stock Powered Higher TodayOct 3, 2025 •By Courtney CarlsenHere's Why Bloom Energy Surged 59.7% Higher in SeptemberAug 8, 2025 •By Billy DubersteinWhy Bloom Energy Rallied Over 50% in JulyAbout the AuthorReuben Gregg Brewer is a contributing Motley Fool stock market analyst covering energy, utilities, REITs, and consumer staples. He is the former director of research at Value Line Publishing, where he rose from mutual fund analyst to equity analyst before leading all research operations. Reuben holds a bachelor’s degree in psychology from SUNY Purchase, a master’s in social work from Columbia University, and an MBA from Regis University. He has been featured as a financial expert on CNBC and in the Financial Times, Barron’s, and InvestmentNews.TMFReubenGBrewerStocks MentionedBloom EnergyNYSE: BE$145.88(+3.22%)+$4.55Brookfield Renewable PartnersNYSE: BEP$31.30(+2.19%)+$0.67NuScale PowerNYSE: SMR$11.43(-2.31%)-$0.27Brookfield RenewableNYSE: BEPC$39.35(+2.37%)+$0.91*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.