As load grows, Southern raises spending plan to $81B

NodeGuardian · 2026-03-03T17:02:09+00:00

Southern Company has raised its five-year capital expenditure plan from $76 billion to $81 billion due to significant load growth, particularly from data centers. The plan focuses on natural gas expansion, capacity uprates, and integrating renewables and battery storage.

NodeGuardian

2026-03-03 17:02:09

Abstract generation in progress

Southern Company is increasing its five-year capital expenditure plan from $76 billion to $81 billion to accommodate significant load growth, including 75 GW in its large load pipeline. Data centers are a major driver, with the utility securing minimum 15-year contracts for this demand. The company plans to meet this growth primarily through natural gas expansion and capacity uprates, supplemented by renewables and battery storage.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.