STOCK TITAN

Southern Company, EPRI Program to Accelerate Emerging Technologies

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Southern Company (SO) and EPRI have announced a new Emerging Technologies Pilot Program (ETP) to accelerate the validation and deployment of innovative energy solutions. The collaboration combines Southern Company's energy distribution capabilities with EPRI's Incubatenergy Labs program expertise.

The program aims to streamline technology implementation processes and reduce the time to value for new energy solutions. Key benefits include:

  • Accelerated pilot selection through EPRI's evaluation process
  • Enhanced resource utilization leveraging EPRI's expertise
  • Reduced risk through a 'sandbox' environment for technology demonstration

The initiative will focus on identifying critical strategic needs, with EPRI connecting suitable technology companies to meet Southern Company's business objectives. The program will prioritize the most promising concepts for potential future development.

Southern Company (SO) e EPRI hanno annunciato un nuovo Programma Pilota per Tecnologie Emergenti (ETP) per accelerare la validazione e l'implementazione di soluzioni energetiche innovative. La collaborazione combina le capacità di distribuzione energetica di Southern Company con l'expertise del programma Incubatenergy Labs di EPRI.

Il programma mira a semplificare i processi di implementazione della tecnologia e a ridurre il tempo necessario per ottenere valore dalle nuove soluzioni energetiche. I principali vantaggi includono:

  • Selezione dei progetti pilota accelerata attraverso il processo di valutazione di EPRI
  • Utilizzo ottimizzato delle risorse sfruttando l'expertise di EPRI
  • Riduzione del rischio attraverso un ambiente 'sandbox' per la dimostrazione della tecnologia

L'iniziativa si concentrerà sull'identificazione delle esigenze strategiche critiche, con EPRI che collegherà le aziende tecnologiche adatte per soddisfare gli obiettivi commerciali di Southern Company. Il programma darà priorità ai concetti più promettenti per potenziali sviluppi futuri.

Southern Company (SO) y EPRI han anunciado un nuevo Programa Piloto de Tecnologías Emergentes (ETP) para acelerar la validación y el despliegue de soluciones energéticas innovadoras. La colaboración combina las capacidades de distribución de energía de Southern Company con la experiencia del programa Incubatenergy Labs de EPRI.

El programa tiene como objetivo simplificar los procesos de implementación de tecnología y reducir el tiempo para obtener valor de las nuevas soluciones energéticas. Los principales beneficios incluyen:

  • Selección de pilotos acelerada a través del proceso de evaluación de EPRI
  • Mejor utilización de recursos aprovechando la experiencia de EPRI
  • Reducción de riesgos mediante un entorno 'sandbox' para la demostración de tecnología

La iniciativa se centrará en identificar necesidades estratégicas críticas, con EPRI conectando a empresas tecnológicas adecuadas para cumplir con los objetivos comerciales de Southern Company. El programa priorizará los conceptos más prometedores para un desarrollo futuro potencial.

서던 컴퍼니 (SO)와 EPRI는 혁신적인 에너지 솔루션의 검증 및 배치를 가속화하기 위한 새로운 신기술 파일럿 프로그램 (ETP)을 발표했습니다. 이 협력은 서던 컴퍼니의 에너지 배급 능력과 EPRI의 Incubatenergy Labs 프로그램 전문성을 결합합니다.

이 프로그램은 기술 구현 프로세스를 간소화하고 새로운 에너지 솔루션의 가치를 얻는 시간을 단축하는 것을 목표로 합니다. 주요 이점은 다음과 같습니다:

  • EPRI의 평가 프로세스를 통한 파일럿 선정 가속화
  • EPRI의 전문성을 활용한 자원 최적화
  • 기술 시연을 위한 '샌드박스' 환경을 통한 위험 감소

이 이니셔티브는 중요한 전략적 요구 사항을 식별하는 데 집중하며, EPRI는 서던 컴퍼니의 비즈니스 목표를 충족하기 위해 적합한 기술 회사를 연결합니다. 이 프로그램은 잠재적인 미래 개발을 위해 가장 유망한 개념에 우선 순위를 두게 됩니다.

Southern Company (SO) et EPRI ont annoncé un nouveau Programme Pilote pour les Technologies Émergentes (ETP) afin d'accélérer la validation et le déploiement de solutions énergétiques innovantes. La collaboration combine les capacités de distribution d'énergie de Southern Company avec l'expertise du programme Incubatenergy Labs d'EPRI.

Le programme vise à simplifier les processus d'implémentation des technologies et à réduire le temps nécessaire pour obtenir de la valeur des nouvelles solutions énergétiques. Les principaux avantages incluent :

  • Sélection accélérée des pilotes grâce au processus d'évaluation d'EPRI
  • Utilisation améliorée des ressources en tirant parti de l'expertise d'EPRI
  • Réduction des risques grâce à un environnement 'sandbox' pour la démonstration des technologies

L'initiative se concentrera sur l'identification des besoins stratégiques critiques, EPRI reliant les entreprises technologiques appropriées pour répondre aux objectifs commerciaux de Southern Company. Le programme priorisera les concepts les plus prometteurs pour un développement futur potentiel.

Southern Company (SO) und EPRI haben ein neues Pilotprogramm für aufkommende Technologien (ETP) angekündigt, um die Validierung und den Einsatz innovativer Energielösungen zu beschleunigen. Die Zusammenarbeit kombiniert die Energieverteilungsfähigkeiten von Southern Company mit der Expertise des Incubatenergy Labs-Programms von EPRI.

Das Programm zielt darauf ab, die Implementierungsprozesse von Technologien zu optimieren und die Zeit bis zur Wertschöpfung neuer Energielösungen zu verkürzen. Zu den wichtigsten Vorteilen gehören:

  • Beschleunigte Auswahl von Pilotprojekten durch den Evaluierungsprozess von EPRI
  • Verbesserte Ressourcennutzung durch die Nutzung der Expertise von EPRI
  • Reduziertes Risiko durch eine 'Sandbox'-Umgebung für Technologiedemonstrationen

Die Initiative wird sich darauf konzentrieren, kritische strategische Bedürfnisse zu identifizieren, wobei EPRI geeignete Technologieunternehmen mit den Geschäftszielen von Southern Company verbindet. Das Programm wird die vielversprechendsten Konzepte für eine potenzielle zukünftige Entwicklung priorisieren.

Positive
  • Strategic partnership with EPRI enhances technology evaluation capabilities
  • Reduced implementation risks through sandbox environment
  • Accelerated access to innovative energy solutions
  • Streamlined technology validation process
Negative
  • None.

Insights

Southern Company's partnership with EPRI to create the Emerging Technologies Pilot Program represents a strategic positioning move rather than a financially material development. While labeled as a collaborative initiative, the announcement lacks specific financial commitments or quantifiable near-term impacts.

The program's focus on accelerating technology validation addresses a genuine industry challenge—the slow adoption cycle that typically hampers utilities' modernization efforts. By creating a structured pathway for evaluating emerging technologies, Southern Company is attempting to mitigate the inherent conservatism of the utility business model while maintaining reliability standards.

The mention of a "sandbox environment" suggests Southern intends to create controlled testing conditions that minimize operational risk—crucial for a utility with 88.9 million customers that cannot compromise service reliability. This approach aligns with the industry's gradual evolution toward more distributed, flexible energy systems.

From a competitive standpoint, this initiative positions Southern Company as innovation-friendly without committing significant capital. The collaboration leverages EPRI's existing Incubatenergy Labs infrastructure, essentially outsourcing much of the early innovation scouting while maintaining decision authority over which technologies advance.

While potentially valuable for long-term positioning, investors should view this as part of Southern's ongoing innovation strategy rather than a catalyst for near-term financial performance or valuation changes.

This partnership structure offers several operational efficiencies but falls short of transformational impact. The ETP Program addresses three critical friction points in corporate innovation: selection bottlenecks, resource constraints, and implementation risk—all genuine barriers that often prevent utilities from adopting promising technologies.

By leveraging EPRI's established evaluation framework and startup network, Southern Company gains access to pre-vetted technologies without building extensive internal scouting capabilities. This "innovation outsourcing" model can reduce both costs and time-to-decision—a significant advantage in an industry where technology assessment often becomes bogged down in lengthy review cycles.

The program's emphasis on "time to value" indicates a pragmatic focus on technologies with demonstrable near-term applications rather than purely experimental concepts. This suggests Southern is seeking solutions for current operational challenges while using EPRI as a filtering mechanism to identify the most promising candidates.

However, the announcement lacks specifics about technology domains, investment parameters, or implementation timelines. This absence of concrete metrics makes it impossible to evaluate potential ROI or operational impact. The initiative appears designed primarily to streamline Southern's innovation process rather than accelerate specific technology deployments.

The program represents an incremental improvement to Southern's innovation pipeline but doesn't fundamentally change its business model or growth trajectory.

ATLANTA, March 25, 2025 /PRNewswire/ -- Southern Company and EPRI, a non-profit energy research and development organization, are launching a pilot program to advance technologies that will support an affordable, reliable and resilient energy future. The Emerging Technologies Pilot Program (ETP Program) is a collaborative initiative that will accelerate the validation and deployment of cutting-edge energy solutions. This unique collaboration will leverage Southern Company's ability to serve energy to homes and businesses and EPRI's experience connecting start-up companies with energy providers through its Incubatenergy Labs (IEL) program.

The ETP program is designed to address many of the challenges major corporations often face when implementing new products or services and aims to shorten the amount of time it takes to gain value from novel technologies. Maximizing this "time to value" will provide access to smaller companies that can help the power industry to more rapidly assess, prepare and eventually integrate technologies that will shape the future of energy.

Under this program, Southern Company will identify critical strategic and operational needs, and EPRI will utilize its extensive network and technical expertise to connect with companies whose technologies meet those business objectives. Based on EPRI's research and insights, Southern Company will then prioritize and advance he most promising concepts for potential future development.

The ETP Program will streamline processes and take advantage of the collective expertise of Southern Company and EPRI, with the key benefits to:

  • Accelerate pilot selection and advancement: EPRI's rigorous evaluation process will support efforts to identify compelling companies, streamlining the technology review and contracting process. 

  • Enhance resource utilization: Southern Company will utilize EPRI's expertise and resources to help address constraints often associated with integrating a startup company's technology into a large corporate enterprise.

  • Reduce risk: The program's ability to leverage EPRI's expertise and resources will create a "sandbox" environment that will help mitigate risks associated with demonstrating new technologies. 

"The energy landscape is rapidly evolving, and it is crucial that we embrace innovation to meet the growing demands of our customers," said Robin Lanier, New Ventures director for Southern Company. "The Emerging Technologies Pilot Program with EPRI will enable us to quickly identify and validate promising technologies, and help ensure that we remain at the forefront of energy innovation and continue to deliver clean, safe, reliable and affordable energy solutions." 

"EPRI is committed to accelerating the development and deployment of advanced technologies that support affordable, reliable and resilient energy," said Dan Killoren, head of the Global Innovation Hub for EPRI. "We look forward to working with Southern Company and its subsidiaries in this collaboration as we further our goal of rapidly evaluating and integrating innovative solutions that can benefit the energy industry and society." 

About Southern Company
Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy infrastructure company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit southerncompany.com.

About EPRI
Founded in 1972, EPRI is the world's preeminent independent, non-profit energy research and development organization, with offices around the world. EPRI's trusted experts collaborate with more than 450 companies in 45 countries, driving innovation to ensure the public has clean, safe, reliable, affordable energy, and equitable access to electricity across the globe. Together…shaping the future of energy®. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/southern-company-epri-program-to-accelerate-emerging-technologies-302410377.html

SOURCE Southern Company

FAQ

What is the purpose of Southern Company's (SO) new ETP Program with EPRI?

The ETP Program aims to accelerate the validation and deployment of cutting-edge energy solutions, streamlining the process of implementing new technologies and reducing time to value.

How will the Southern Company (SO) and EPRI partnership evaluate new technologies?

EPRI will use its evaluation process to identify promising companies, while Southern Company will prioritize technologies that align with their strategic needs.

What are the key benefits of Southern Company's (SO) ETP Program?

The program offers accelerated pilot selection, enhanced resource utilization, and reduced risk through a sandbox environment for technology demonstration.

How will the Southern Company (SO) ETP Program impact energy innovation?

The program will help identify and validate promising technologies faster, supporting the delivery of clean, safe, reliable, and affordable energy solutions.
Southern

NYSE:SO

SO Rankings

SO Latest News

SO Stock Data

88.26B
1.09B
0.17%
70.94%
1.9%
Utilities - Regulated Electric
Electric Services
Link
United States
ATLANTA