-- Southern Company (SO) reported Q1 results Thursday, showing total generation of 47 terrawatt-hours, up from 46 TWh a year earlier, the company said.
The company purchased 4 TWh of power for the quarter ended March 31, down from 5 TWh a year earlier, the company added.
Southern Company reported total electricity sales of 50.19 TWh in the quarter, up from 48.49 TWh a year earlier.
The company reported total retail electricity sales of 36.60 TWh for the quarter, compared with 36.44 TWh a year earlier.
Residential sales totaled 12.12 TWh in Q1, down from 12.63 TWh a year earlier, according to the company.
Commercial electricity sales reached 12.34 TWh in the quarter, rising from 11.85 TWh a year earlier, while industrial sales increased to 12 TWh from 11.82 TWh, the company said.
The company reported total wholesale sales of 13.59 TWh for the quarter, compared with 12.04 TWh a year earlier.
Southern Company is advancing about 10 gigawatt of new regulated generation under construction alongside a broader 23 GW project pipeline across contracted and late-stage developments, the company said.
The company continues to scale its large-load pipeline, with over 11 GW of contracted demand and roughly 6 GW of projects nearing final agreements, while total prospective opportunities exceed 75 GW, it said.
The company is building new infrastructure across thermal, storage and solar segments, targeting capacity additions of about 1.2 GW in 2026, rising to 2.8 GW annually by 2030, it added.
On the renewable side, the company placed the 0.20 GW Millers Branch solar Phase I into service in February, with an additional 0.31 GW across Phases II and III expected later in 2026, the company said.
The company is also repowering five wind facilities totaling about 1 GW, with projects underway across Oklahoma and Texas and expected to come online through 2026 and 2027.
The company plans to expand gas-fired capacity by about 0.40 GW through uprates across plants in Alabama and Georgia, with construction starting in 2026 and operations targeted between 2029 and 2031.
Southern Company continues to advance regulatory processes to secure between 2 GW and 6 GW of additional generation and is progressing an all-source procurement targeting new capacity by 2033, the company added.
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