US Utility Proposes 1 GW RE Procurement Plan

Georgia Power Proposes 1 GW Renewable Energy Procurement Plan Under 2019 Integrated Resource Plan Submitted With State Public Service Commission
01:45 AM (Beijing Time) - 07. February 2019

In December 2018, Georgia Power issued final solicitation for a 540 MW large scale renewables facility under its REDI scheme approved by the state PSC. As part of its proposed 2019 IRP, the utility is now looking at procuring up to 1 GW of renewables. (Photo Credit: Georgia Power)

Key Takeaways

  • Georgia Power has submitted its 2019 Integrated Resource Plan (IRP) with Georgia Public Service Commission stating projections for its business operations for the next decade
  • It comprises proposal to procure up to 1 GW of renewable energy which it says if approved will increase its renewables capacity to 18% of overall portfolio by 2024
  • Other measures it has proposed in the IRP include energy efficiency targets and introducing new innovative energy saving programs for both residential and commercial customers

Georgia Power, a US utility from Georgia, plans to procure up to 1 GW of new renewable energy resources. It has proposed this measure under its 2019 Integrated Resource Plan (IRP) that has been submitted with the Georgia Public Service Commission (PSC) as part of its triennial (once in every 3 years) IRP submission exercise.

Through the IRP, Georgia Power outlines its projections to continue delivering electricity to its 2.5 million customers over the next 20 years along with analysing generation technologies, a 10-year transmission plan and economic assessment of potential and proposed energy efficiency, among others.

If approved, its 1 GW renewable energy procurement proposal will increase the utility’s renewables capacity to 18% of its overall portfolio by 2024, estimates Georgia Power. The IRP also suggests adding new innovative energy-saving programs for both residential and commercial customers as part of its energy efficiency targets.

The IRP also recommends decertification of some of its coal power units and no renewal for some hydro project dams, among other proposals.

“As our generation mix evolves toward more natural gas fuelled plants and intermittent renewable resources, resilience will grow in importance. This IRP discusses considerations that may go into future planning processes,” said Allen Reaves, Senior Vice President and Senior Production Officer at Georgia Power.

Georgia Power has already launched competitive procurement rounds for renewables under the PSC approved Renewable Energy Development Initiative (REDI) to procure 1.2 GW of this capacity. In July 2018, it issued a RFP for over 100 MW new solar distributed generation projects (see Georgia Power Issues RFP For Over 100 MW PV). It was followed by a RFP for 540 MW large scale renewable energy generation in December 2018 (see Georgia Power Looking For 540 MW Large-Scale RE).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani