Last October, Georgia Power approached regulators with what it said was a crisis. Unless they did something soon, they discovered, the growing demand for electricity would outpace production sometime in the winter of 2025. Georgia’s Governor Brian Kemp and other state leaders had been courting data centers and new manufacturing plants for some time, and it was all catching up to the aging power grid.
The Georgia Public Service Commission, the elected body tasked with regulating the utility company...