Energy Demand Forecast - Data center energy demand is forecasted to increase by nearly 300% through 2035 [1]

Core Insights - Georgia Power has filed nearly 2 gigawatts of new customer contracts with the Georgia Public Service Commission (PSC), marking a significant development in the state's energy sector [1] - The new contracts are primarily driven by projected data center growth and large-load customers, highlighting the need for additional generation resources to meet future demand [2] - The company is actively negotiating with multiple large-load customers, which could represent several additional gigawatts of demand, while adhering to stricter criteria for inclusion in the long-term development pipeline [3] Customer Demand and Forecast - Georgia Power's risk-adjusted forecast anticipates an increase in customer demand, projecting 8,448 megawatts (MW) of growth between the winters of 2025/2026 and 2030/2031 [4] - The company aims to certify approximately 9,900 MW of new capacity resources through the All-Source Request for Proposals (RFP) to ensure energy infrastructure keeps pace with economic development [4] Regulatory Changes and Customer Protection - The Georgia PSC approved new rules that allow Georgia Power to serve large-load customers through customized contracts, ensuring residential and small business customers are protected from additional costs [5] - These contracts include terms such as upfront infrastructure payments and long-term commitments, which help spread fixed costs across a broader customer base [3][5]