Rising Energy Demand Pushes Southern Co. to Keep Coal Assets Afloat
Southern Company(SO) ZACKS·2024-11-19 19:35
The Southern Company(SO) , driven by the growing energy demand, is reconsidering the extension of the coal-fired power plant’s life in Georgia. The recent boom in artificial intelligence and cloud computing has led to a rapid expansion of data centers, creating a growing demand for energy and the utility company’s reevaluation of their energy strategies.SO’s Earlier Plans and New Redesigned StrategiesPer its 2022 Integrated Resource Plan, the company had planned to shut down its coal-powered plants by 2028 ...