Southern CEO on 2Q Results, Nuclear Plant, Renewables

The transcript discusses Southern Company's financial challenges with a clean coal project due to falling natural gas prices and regulatory decisions in Mississippi. It also covers the company's decision-making process regarding nuclear power plants after Westinghouse's bankruptcy, with input from the Georgia Public Service Commission. Finally, it highlights Southern Company's commitment to renewable energy, including solar and wind, and its strategic importance for energy production and national security.

What was the main reason for the write-down on the clean coal project?

• Technological advancements in coal processing

• Falling natural gas prices

• Increase in natural gas prices

• Regulatory changes in Georgia

What was the significant challenge faced by the nuclear power plant project?

• Lack of funding

• Bankruptcy of Westinghouse

• Environmental protests

• Technological failures

Who is involved in the decision-making process for the nuclear project continuation?

• Only the company

• The company and its co-owners

• The company and the federal government

• Only the Georgia Public Service Commission

How has the company's renewable energy portfolio changed over time?

• It has grown to include significant solar and wind energy

• It has decreased significantly

• It has shifted entirely to nuclear energy

• It remains the same

What percentage of the company's energy production currently comes from renewables?

• 100%

• 50%

• 9%

• 0%