Southern Co unit signs 25-year power deal with OpenAI

July 22 : Southern Company's subsidiary said on Wednesday it has signed a 25-year power supply agreement with OpenAI for a new project in Effingham County, Georgia.AI's explosive growth is straining power grids, forcing utilities and tech giants to negotiate who bears the cost and risk as data centers balloon in size.Here are the details:• OpenAI, which is expected to need about 3,200 megawatts (MW) of power for its new facility, has agreed to provide up to 1,000 MW to the Southern Co subsidiary Georgia Power's systems in times of high demand. • The deal will improve Georgia Power's system reliability, the unit said.• OpenAI will pay the full infrastructure and electric service costs to serve its facility and will fulfill requirements for long-term energy contracts.• OpenAI also said it pl