The U.S. Southeast: A Hotspot For Uneconomic Fossil Power, Already Costs Consumers Millions [Forbes]
Southern Company (The) (SO)
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Source: Forbes
The U.S. Southeast: A Hotspot For Uneconomic Fossil Power, Already Costs Consumers Millions Several major utilities in the U.S. Southeast have recently announced goals to reach low- or zero -carbon status. But you won't exactly get whiplash trying to keep up with a wave of immediate fossil fuel shutdowns The targets from utilities like Southern Company Duke The problem for consumers and the climate is that 95 percent of coal plants in the region are uneconomic compared to clean energy today, cheaper renewable energy Meanwhile clean energy portfolios are cheaper to build than nearly all of the natural gas projects planned across the U.S., risking billions embracing smart policy No country for old coal Existing coal plants have become economically unjustifiable across the country, as shown in the recent “ Coal Cost Crossover But this issue is especially prevalent in the Southeast U.S., where nearly all plants are identified as "substantially at risk" or "at risk." These red circles clu
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SO
Earnings
- 5/2/24 - Beat
SO
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/9/24 - Form 8-K
- SO's page on the SEC website