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U.S. needs major nuclear power expansion to meet rising electricity demand, Southern Company CEO says

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The U.S. needs to install more than 10 gigawatts of new nuclear power, said Chris Womack.

The U.S. needs to install more than 10 gigawatts of new nuclear power, said Chris Womack, the CEO of Southern Company.Streaming 24/7: Watch NBC 5 local news and weather for free wherever you are

"It's upwards of 10 large gigawatts of nuclear power that I think we have to have going forward," the CEO said. This is equivalent to about 10 new nuclear plants with a single reactor each. The typical reactor in the U.S. produces about a gigawatt of electricity, according to the. It's also one of the largest providers of electricity in the nation, serving millions of people across Georgia, Alabama and Mississippi.

Atlanta is one of the fastest growing data center markets in the nation, with construction growing by 211% increase to 732 megawatts in 2023, according to the. Utility stocks have made a comeback in 2024 on the power trend, with Southern Company up 11% year to date.

 

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