Year in Review 2020

During an unprecedented year for our country and our company, we never stopped working and continue serving our 9 million customers every day, either on-site, in the field or while working remotely. Throughout 2020 our businesses demonstrated resilience, achieved important milestones, progressed toward a net zero future, institutionalized our commitment to racial equity and maintained keen focus on the health and safety of our customers, our neighbors and our employees as we provided clean, safe, reliable and affordable energy. As we move into 2021, we are reflecting on our important achievements in 2020.

 

Caring for our customers, colleagues and communities during the COVID-19 Pandemic

 

 

The Future of Energy is Resilient

 

 

On Race: Moving to Equity


We find ourselves at a critical moment in history when very necessary and important discussions about racism and racial injustice are taking place. At Southern Company, we are confronting these issues head-on. We are committed to be a role model among companies forging change. Striving for equity will be an ongoing journey. We accept that there is much work to be done and that great opportunities remain. Our resolve is built on the knowledge that each of us, in this place and at this time, is being called to stand up for racial justice.

See our company’s commitments to racial equality

 

Clean Energy Solutions for Our Customers

Southern Company has seen a rapid transition of its system’s generation fleet. The Southern Company system’s carbon emissions have decreased by 44% through 2019, and the company now expects to achieve the 50% reduction goal well in advance of 2030, and possibly as early as 2025. The company remains a leader in formulating and implementing a comprehensive strategy to reduce GHG emissions.

Working closely with our customers and regulators, we have made significant progress in reducing the emissions profile of our electric generation fleet. For 2019, coal decreased to 22% of our annual energy mix while renewables grew to 12%.

Through September, over one-third of our energy supply in 2020 was from zero carbon resources and coal represented just 16%. We continue to project that for the full year generation from coal could be below 20% for the first time in modern history.

Annual energy mix represents all of the energy the Southern Company system uses to serve its retail and wholesale customers during the year. It is not meant to represent delivered energy mix to any particular retail customer or class of customers. Annual energy mix percentages include non-affiliate power purchase agreements.
 
 

 

Southern Power makes big moves in 2020 to acquire, build and operate wind facilities in its renewable resources portfolio.  

 

Plant Vogtle Milestones

Significant progress was made in 2020 at the Vogtle nuclear expansion site where several major milestones were achieved. Southern Company enacted several precautionary measures at the site aimed at preserving the health of the workforce. As such, Unit 3 continues toward achieving the historic milestone of fuel load expected in April 2021, and ultimately in-service operation.

Plant Vogtle units 3 and 4 will be the first new nuclear units built in the U.S. in the last three decades. Once complete, the Vogtle site will produce enough safe, reliable, affordable electricity to power 1 million Georgia homes and businesses. The new Vogtle units are an essential part of Georgia Power’s commitment to deliver safe, clean, reliable and affordable energy for customers and play a significant role in supporting Southern Company’s goal of net-zero carbon emissions by 2050.

Georgia Power receives first nuclear fuel shipment for Vogtle Unit 3

Georgia Power on Wednesday, Dec. 12, received the first nuclear fuel shipment for Vogtle Unit 3, representing the first nuclear fuel shipment for this newly-designed AP1000 reactor in the U.S. The milestone marks a major step for the Vogtle 3 & 4 nuclear expansion project towards operations and providing customers with a carbon-free energy source that is expected to put downward pressure on rates for decades to come.

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Georgia Power completes Cold Hydro Testing on Vogtle Unit 3

The completion of the cold hydro testing milestone prepares the site for the last major test remaining for Unit 3, hot functional testing, ahead of initial fuel load.

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Containment vessel top placed for Vogtle Unit 4

All major lifts inside both containment vessels have now been completed for Vogtle 3 & 4 project.

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Final major concrete placement completed inside Vogtle Unit 3 containment

Workers at Georgia Power’s Vogtle 3 & 4 project have completed the final concrete placement inside the Unit 3 containment vessel, which houses the unit’s reactor. Completing this milestone is an important step that allows for the installation of machinery that will be used to load fuel into the unit.

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Storm Restoration

In 2020, teammates across the Southern Company system continued to serve customers and communities under extraordinary circumstances. We’ve quickly and safely restored electricity to millions in our own service territory and across the eastern half of the country following devastating storms while practicing COVID-19 safety protocols. We understand our responsibility to be there for those who depend on us, and we’ll continue to keep the lights on and the gas flowing.

The record-breaking 2020 hurricane season produced 30 named storms, including 13 hurricanes and six major hurricanes in a 6-month season. This is only the second time National Hurricane Center forecasters have had to use the Greek alphabet for names, with the last time being 2005.

Top Employer

From innovating our industry to making strides in sustainable energy, we’re recognized as a leader by customers, partners, investors, employees and the broader business, science and technology communities. Here are some of our awards and distinctions that highlight our success:

 

Building a Better Future Together

 

Southern Company Announces $50 million Initiative for Students at Historically Black Colleges and Universities

Southern Company and its subsidiaries today announced a $50 million multi-year initiative to provide students attending historically black colleges and universities (HBCUs) with scholarships, internships, leadership development, and access to technology and innovation to support career readiness.

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Southern Company in Golf

Through our PGA TOUR partnership, more than $32 million has been donated in our communities to fund education, health and wellness programs, and neighborhood realization.

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Zach Johnson honored with PGA TOUR’s Payne Stewart Award presented by Southern Company

In acknowledgement of his character, sportsmanship and dedication to charitable giving, Zach Johnson has been named the recipient of the PGA TOUR’s Payne Stewart Award presented by Southern Company.

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Faces of Our Front Line

Here at Southern Company, we are proud of our colleagues who work safely and tirelessly to keep the energy flowing for our customers and communities - no matter what.

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Industry Leadership

Through our commitment to innovation and a net-zero carbon emissions future, we are leaders in providing clean and resilient energy solutions that will sustain future generations. We develop and deploy the full portfolio of diverse energy resources - hydro, natural gas, solar, nuclear, wind and distributed generation like microgrids.

Southern Company increases dividend for 19th consecutive year

Southern Company is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.56 per share, the company announced April 20.

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