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Stock impact report

Southern CEO Says Extending Coal Among Options to Meet AI Demand [Yahoo! Finance]

Southern Company (The) (SO) 
Last southern company (the) earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
the possibility of Southern Co. extending the retirement date of one of its coal plants, said Chief Executive Officer Chris Womack. Most Read from Bloomberg The Leaf Blowers Will Not Go Quietly Under Trump, Prepare for New US Transportation Priorities Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District “As we look at responding to demand growth, looking at coal operating longer is a consideration,” Womack said. “Maybe those units get extended further into the next decade before they retire,” he said referring to units at a Georgia plant. Womack emphasized in an interview Tuesday at the EEI Financial Conference in Florida that any plant retirement decisions would be submitted to Southern's regulators and require their approval. He also said that the Atlanta-based company's target to be net-zero on carbon emissions by 2050 remains unchanged. US utilities are racing to find — or preserve — pow Show less Read more
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