Georgia Power has received approval from state regulators to expand its energy and storage capacity by nearly 10 gigawatts. This expansion aims to meet the increasing demand from AI and data centers, with 80% of the new capacity dedicated to these facilities. The company indicates that this expansion could power approximately 4 million homes.
The initiative will be primarily funded by large clients to prevent immediate rate hikes for consumers. However, critics caution that the long-term financial impact on consumers could reach $50–60 billion. This development comes amid a broader shift in the energy sector, with on-chain data indicating growing interest in altcoins as the industry evolves.
Georgia Power to Expand Capacity by 10 GW for AI Data Centers
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