The fourth largest power plant in the United States: Southern Company (SO)

Southern Company (NYSE:SO) was founded in 1945 and is headquartered in Atlanta, Georgia. It has 27,943 full-time employees. It is the largest power plant in Atlanta and one of the largest power companies in the United States. One of the leading independent power manufacturers in the world.

The Southern Company Logo

Southern Company (SO):

The Southern Company and its subsidiaries are public power companies that use coal, nuclear energy, oil and natural gas, and hydropower for power generation, transmission and distribution, including Alabama, Georgia, Florida and Mississippi. Southern Company also constructs, acquires, owns and manages power generation assets, including renewable energy projects.

Southern Power Company also provides digital wireless communication services with a variety of communication options, including push-to-talk, cellular services, short messaging, wireless Internet access and wireless data; and wholesale fiber optic solutions to telecom suppliers in Southeast Asia.

Southern Power Corporation is a power holding company located in the southern United States. It is now the 16th largest power company in the world and fourth in the United States. Through the power companies affiliated to the four states of Alabama, Georgia, Florida and Mississippi, Southern Power Company has a total power generation capacity of more than 42 gigawatts, and the total number of users reached 4.3 million. The total area covered by Southern Company’s electricity is approximately 310,000 square kilometers, and the total length of transmission lines is more than 43,000 kilometers.

At present, Southern Power Corporation is building the Vogtle Nuclear Power Station, the first nuclear power plant in the United States in 30 years, in Augusta, Georgia; a large-scale solar photovoltaic power station is being built in Cimarron, New Mexico; and Naco, Texas A large-scale bioenergy power station was built in Dorches County; and 4 million smart meters were installed in 2012.

As a general power supplier, Southern Power has four power retail companies, Alabama Power, Georgia Power, Gulf Power, and Mississippi Power. Their power service coverage in the four states totals more than 310,000 square kilometers.

As of February 22, 2017, Southern Company owned/operated 33 hydropower stations, 29 fossil fuel power stations, 3 nuclear power stations, 14 combined cycle/heat and power stations, 33 solar power facilities, 7 wind power facilities, 1 biomass energy facility and 1 landfill gas facility. The company generates 44,000 megawatts of electricity and has a total natural gas supply of 1.5 trillion cubic feet, serving 9 million electricity and gas utility customers.

As of 2020, Southern Power Company owns and/or operates 30 hydroelectric power stations, 24 fossil fuel power stations, 3 nuclear power stations, 13 combined cycle/cogeneration stations, 42 solar power facilities, 10 wind power facilities and 1 biomass facility; and construct, operate and maintain 75,585 miles of natural gas pipelines and 14 storage facilities with a total capacity of 157 Bcf to provide natural gas to residential, commercial and industrial customers.

The following are branches owned by Southern Power:

  • Alabama Power – Electricity Operations and Retail Company – Birmingham, Alabama
  • Georgia Power-Electricity Operations and Retail Company-Atlanta, Georgia
  • Gulf Power-Electricity Operations and Retail Company-Pensacola, Florida
  • Mississippi Power-Electricity Operations and Retail Company-Gulfport, Mississippi
  • Southern Company Energy Solutions-General Services-Atlanta, Georgia [3]
  • Southern Company Services-(formerly Southern Services, Inc.)-Birmingham, Alabama-General Services
  • SouthernLINC Wireless-Mobile Phone Operator-Atlanta, Georgia
  • Southern Nuclear-Nuclear power plant construction and operation-Birmingham, Alabama-(Southern Company is the major equity holder of Farley, Hatch, and Vogtle nuclear power plants)
  • Southern Company Generation-Thermal and Hydroelectric Power-Birmingham, Alabama
  • Southern Power-Large-scale Power Sales-Atlanta, Georgia
  • Southern Telecom-Large-scale Optical Cable Communications and Data Service Sales-Atlanta, Georgia

Southern Company (SO) History:

  • The history of Southern Company can be traced back to the mid-1920s. At that time, the four major power companies in the southern United States, Alabama Power, Georgia Power, Gulf Power, and Mississippi Power, were integrated into a connected unified power system under the control of Southeastern Power & Light.
  • In 1930, Southeastern Power & Light was merged into Commonwealth & Southern Corporation and merged with five other northern companies and six southern companies into one system.
  • In the late 1940s, Commonwealth & Southern was split under the “Public Utilities Holding Company Act of 1935” promulgated by the United States. The four southern companies under the company-Alabama Power, Georgia Power, Gulf Power, and Mississippi Power were retained as a whole power system and were allowed to be controlled by one company, and this holding company was the newly established Southern Company at that time .
  • Southern Company formed a joint stock company in Delaware on November 9, 1945, and then moved to Georgia in 1950.
  • Between 1954-1955, Southern Power Corporation and the American Atomic Energy Commission (AEC) signed a contract called the Dixon-Yates contract to supply 600,000 kilowatts of electricity for the AEC project in Tennessee.
  • In 1981, Southern Company became the first power company in the United States to establish an unregulated subsidiary in a new field in 46 years.
  • In 1982, Southern Energy, Inc. developed into a multinational energy company, with business expanded to four continents and 10 countries.
  • In 1991, another subsidiary, Southern Nuclear, was established and began to supply nuclear power to Southern Company’s power system.
  • In 1996, Southern Company began to provide wireless digital communication services to its subsidiaries, and Southern LINC opened up the telecommunications market in the southeastern United States.
  • In 1997, Southern Company established a subsidiary in the telecommunications industry, Southern Telecom, which provides hosting and dark fiber optic cables for Internet companies.
  • On January 9, 2001, the US Securities and Exchange Commission finally approved Southern Company to form a subsidiary Southern Power to manage and distribute its power assets in the Southeast. This subsidiary targets large-scale power distributors.
  • On April 2, 2001, Southern Company distributed new shares to establish a new independent company, Mirant Corporation.
  • On July 19, 2002, Southern Company Gas received approval from the Georgia Public Utilities Commission to enter the natural gas sales market. After operating for nearly four years, the company was sold to Gas South, a newly established branch of Cobb EMC.
  • The various subsidiaries of Southern Company utilize multiple resources such as water power, natural gas, coal, and nuclear power to generate 200 trillion watts of electricity. In 2009, the company’s coal power generation accounted for about 57% of the total power generation, nuclear power accounted for 23%, and natural gas accounted for 16%. Renewable hydroelectric power generation accounts for about 4% of the total power generation. The proportion of coal-based thermal power generation dropped significantly from 70% in 2005-2008 to 57% in 2009.
  • In June 2010, the US Department of Energy provided a $8.3 billion loan guarantee for Plant Vogtle, a nuclear power plant near Augusta, to help it accelerate the construction of two new nuclear reactors. Georgia Power owns a 45.7% stake in the 2,430 MW power station. The other three co-owners are Oglethorpe Power (30%), the Municipal Electric Authority of Georgia (22.7%) and City of Dalton (1.6%). ). The right to operate the plant belongs to Georgia Power. The construction project with a budget of 14 billion U.S. dollars is expected to be completed in 2016. After completion, the power generation capacity of the entire power station will double.

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