U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says [CNBC]
Southern Company (The) (SO)
Last southern company (the) earnings: 4/30 06:30 am
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Source: CNBC
“This country will need more nuclear plants going forward,” Chris Womack said at the Reuters Global Energy Transition conference in New York City. “It's upwards of 10 large gigawatts of nuclear power that I think we have to have going forward,” the CEO said. This is equivalent to about 10 new nuclear plants with a single reactor each. The typical reactor in the U.S. produces about a gigawatt of electricity, according to the Department of Energy Based on market capitalization, Southern Company is the second largest name in the Utilities Select Sector SPDR Fund (XLU) . It's also one of the largest providers of electricity in the nation, serving millions of people across Georgia, Alabama and Mississippi. Last year, the Atlanta-headquartered utility completed the first nuclear plant in the U.S. in more than three decades, with the second of two new reactors having started commercial operations in April. Womack said Southern Company is seeing a level of electricity demand that tha
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News
- Southern Co. (SO) Declines More Than Market: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Top Utility Stocks With Rock-Solid Dividends For Steady Income [Yahoo! Finance]Yahoo! Finance
- U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says [MSNBC.com]MSNBC.com
- Announcing the Winners of the 2024 Bulldog PR Awards [Yahoo! Finance]Yahoo! Finance
- Why Southern Co. (SO) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
SO
Earnings
- 5/2/24 - Beat
SO
Sec Filings
- 6/28/24 - Form 11-K
- 6/18/24 - Form 4
- 6/17/24 - Form 144
- SO's page on the SEC website