Southern Co. Spending Plan Approved Amid AI-Power Boom (1)

Georgia regulators approved a plan that opens the door for Southern Co. to boost spending by as much as $15 billion to deliver a projected surge of electricity for data centers, new factories and electric vehicles.

Southern’s Georgia Power unit proposed a resource plan in January that would delay coal plant retirements and build some clean energy in order to meet more than eight gigawatts of additional load the company projects will arrive over the next six years. The Georgia Public Service Commission voted on the proposal during a hearing on Tuesday and approved it unanimously, according to PSC representative ...