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Researched by Industrial Info Resources (Sugar Land, Texas)--The Georgia Public Service Commission (PSC) recently approved Georgia Power's proposal to retire all of its coal-fired units by 2028, with the exception of two units at a plant the PSC will re-evaluate in a few years. Georgia Power, a subsidiary of Southern Company (NYSE:SO) (Atlanta, Georgia), is pushing coal out of its portfolio as part of its 2022 Integrated Resource Plan (IRP), which also won approval to add more than 2,000 megawatts (MW) of natural gas-fired energy and more than 2,300 MW of renewable-sourced energy from power purchase agreements (PPAs). Industrial Info is tracking more than $1.8 billion worth of fossil-fuel and renewable-based projects from Georgia Power.
Click on the image at right for a map of Georgia Power's coal-fired facilities currently set for closure or dismantlement projects, according to Industrial Info's Global Market Intelligence (GMI) Power Project Database.
Georgia Power files an IRP with Georgia's PSC every three years to outline how it will provide energy to its 2.7 million customers over the next 20 years, according to the company. But the PSC's approval did not include Georgia Power's cost recovery for efforts to excavate coal ash ponds at lined landfills, which the utility recently estimated at almost $9 billion over 60 years. Georgia Power already is at work on several such projects across the state; one that began in 2019 at the Kraft Power Station in Port Wentworth is set to wrap up later this year. Subscribers can read more in Industrial Info's project report.
Other ash pond projects underway include:
Georgia's PSC also approved Georgia Power's proposal to procure 2.3 gigawatts (GW) of solar by 2025. Georgia Power already is sourcing renewable energy from a project that recently started operations: RWE Renewables Americas LLC's (San Francisco, California) $320 million Hickory Park Solar Farm in Camilla, Georgia, formerly called Broken Spoke Solar Farm. The 195.5-MW facility utilizes 650,000 photovoltaic (PV) panels and is supported by a 40-MW, $70 million battery-storage unit that also began operations at the end of June.
RWE Renewables Americas, a subsidiary of RWE AG (Essen, Germany), is selling solar-based energy to Georgia Power as part of a 30-year power purchase agreement. It is RWE Renewables Americas' largest solar-based project to date. Subscribers can learn more from Industrial Info's reports for the solar and battery-storage projects.
Georgia Power's 2022 IRP also includes the McGrau Ford Battery Energy Storage System (BESS) in Canton, north of Atlanta, a 265-MW, lithium-ion facility that would be interconnected at Georgia Power's McGrau Ford substation. The Georgia PSC also approved an additional 500 MW of battery storage. Subscribers can learn more from Industrial Info's project report.
As part of the 2022 IRP, the Georgia PSC approved additional investments in Georgia Power's hydroelectric-generation fleet, which stands at 17 facilities. The utility already is performing a series of turbine modernizations at its Bartletts Ferry station in Salem, which generates 173 MW, and its Tugalo station in Tallulah Falls, which generates 45 MW. Each facility comprises four turbines. Subscribers can learn more from Industrial Info's reports on the Bartletts Ferry and Tugalo projects.
"The approval of the 2022 IRP furthers Georgia Power's commitment to making the state's electric grid smarter and more reliable, with additional investments and plans to continue to enhance the reliability and resilience of the grid," Georgia Power said in a press release. "The plan includes investments in new distributed generation and helps to ensure that the company has sufficient reserve margin, or generation capacity, available to meet demand during periods of extreme heat or cold."
Georgia Power's proposal for nearly 2.4 GW of natural gas power purchase agreements also passed muster with Georgia's PSC.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active projects involving Georgia Power.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
Click on the image at right for a map of Georgia Power's coal-fired facilities currently set for closure or dismantlement projects, according to Industrial Info's Global Market Intelligence (GMI) Power Project Database.Georgia Power files an IRP with Georgia's PSC every three years to outline how it will provide energy to its 2.7 million customers over the next 20 years, according to the company. But the PSC's approval did not include Georgia Power's cost recovery for efforts to excavate coal ash ponds at lined landfills, which the utility recently estimated at almost $9 billion over 60 years. Georgia Power already is at work on several such projects across the state; one that began in 2019 at the Kraft Power Station in Port Wentworth is set to wrap up later this year. Subscribers can read more in Industrial Info's project report.
Other ash pond projects underway include:
- McIntosh Generating Station in Rincon; see project report
- Bowen Steam Electric Generating Station in Cartersville; see project report
- Hammond Steam Electric Generating Station in Rome; see project report
Georgia's PSC also approved Georgia Power's proposal to procure 2.3 gigawatts (GW) of solar by 2025. Georgia Power already is sourcing renewable energy from a project that recently started operations: RWE Renewables Americas LLC's (San Francisco, California) $320 million Hickory Park Solar Farm in Camilla, Georgia, formerly called Broken Spoke Solar Farm. The 195.5-MW facility utilizes 650,000 photovoltaic (PV) panels and is supported by a 40-MW, $70 million battery-storage unit that also began operations at the end of June.
RWE Renewables Americas, a subsidiary of RWE AG (Essen, Germany), is selling solar-based energy to Georgia Power as part of a 30-year power purchase agreement. It is RWE Renewables Americas' largest solar-based project to date. Subscribers can learn more from Industrial Info's reports for the solar and battery-storage projects.
Georgia Power's 2022 IRP also includes the McGrau Ford Battery Energy Storage System (BESS) in Canton, north of Atlanta, a 265-MW, lithium-ion facility that would be interconnected at Georgia Power's McGrau Ford substation. The Georgia PSC also approved an additional 500 MW of battery storage. Subscribers can learn more from Industrial Info's project report.
As part of the 2022 IRP, the Georgia PSC approved additional investments in Georgia Power's hydroelectric-generation fleet, which stands at 17 facilities. The utility already is performing a series of turbine modernizations at its Bartletts Ferry station in Salem, which generates 173 MW, and its Tugalo station in Tallulah Falls, which generates 45 MW. Each facility comprises four turbines. Subscribers can learn more from Industrial Info's reports on the Bartletts Ferry and Tugalo projects.
"The approval of the 2022 IRP furthers Georgia Power's commitment to making the state's electric grid smarter and more reliable, with additional investments and plans to continue to enhance the reliability and resilience of the grid," Georgia Power said in a press release. "The plan includes investments in new distributed generation and helps to ensure that the company has sufficient reserve margin, or generation capacity, available to meet demand during periods of extreme heat or cold."
Georgia Power's proposal for nearly 2.4 GW of natural gas power purchase agreements also passed muster with Georgia's PSC.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active projects involving Georgia Power.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
