Utility Dive•7 days ago
Southern inks 7 GW of large load contracts, eyes 50 GW more
Key Takeaway
The rapid growth in large load contracts, especially from data centers, signals an urgent and massive demand for new generation and grid infrastructure development.
AI Summary
- •Southern Company has secured 7 GW in large load contracts and is actively pursuing an additional 50 GW, signaling robust industrial and commercial demand.
- •Data center usage within Southern Company's service territory increased by 17% year-over-year, identifying this sector as a primary driver of new load growth.
- •This substantial increase in contracted and prospective load necessitates significant new generation capacity and transmission infrastructure development to meet future demand.
Topics
datacenterinterconnectppatransmissioncapacity-marketfinancing