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0.000210548478787199 0.000210548478787199 -0.00189493630908524 -0.00200021054847876 -0.00157911359090437 0.00126329087272334 0.0021581219075692 -0.00121065375302673
Stock impact report

Utilities are spending $1.4 trillion to power the AI boom, and it's hiking up electric bills across the US [Business Insider]

Southern Company (The) (SO) 
Last southern company (the) earnings: 4/30 06:30 am Check Earnings Report
Have an account? Log in Utilities plan to spend $1.4 trillion on capital expenditures by 2030, a PowerLines study found. The electricity demands of AI are fueling spending growth, utilities say. Duke Energy, Southern Company, and American Electric Power have become some of the biggest spenders. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What is driving utility spending growth? How does AI impact electricity demand? How do utilities recoup infrastructure costs? Which utilities are top spenders? What is the Ratepayer Protection Pledge? Big Tech isn't the only big spender in the AI race. Loading audio narration... Spending on new power plants and transmission lines has reached record highs as utilities in the US try to meet the electricity demands of AI while modernizing the c Show less Read more
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