Southern CEO: Data Center Demand, Regulatory Changes Could Keep Coal-Fired Units Online [Yahoo! Finance]
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
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Source: Yahoo! Finance
A lessening of environmental regulations under the incoming Trump administration also means power generators are rethinking plans to retire their fossil fuel-burning facilities. Chris Womack, CEO of Southern Co., is the latest executive to acknowledge that coal-fired power could get a reprieve as utilities plan their future generation strategies. Womack, speaking at Edison Electric Institute's (EEI) Financial Conference in Hollywood, Florida, on Nov. 12, told Bloomberg that increasing demand for electricity means his company is looking at all of its options to provide the needed power. Womack told Bloomberg that increased power demand from data centers and other commercial and industrial properties will require utilities to have an "all of the above" plan when it comes to generation. Womack said that Southern as part of its strategy could extend the life of its four-unit, 3,450-MW Plant Bowen coal-fired facility in Georgia. [caption id="attachment_85786" align="alignnone" width="640"]
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News
- Southern Co. (SO) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Are Options Traders Betting on a Big Move in The Southern Company (SO) Stock? [Yahoo! Finance]Yahoo! Finance
- Southern Co. (SO) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Down 8%, 9%, and 13% in 3 Months, these 3 High-Yield Dividend Stocks Are Buys in December [Yahoo! Finance]Yahoo! Finance
- Southern Company: 2024 Year in Review [Yahoo! Finance]Yahoo! Finance
SO
Earnings
- 10/31/24 - Beat
SO
Sec Filings
- 12/11/24 - Form 4
- 12/10/24 - Form 144
- 12/10/24 - Form 8-K
- SO's page on the SEC website