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IEEFA
Rome News-Tribune: If the Georgia Public Service Commission approves Georgia Power’s plan, Plant Hammond would be taken out of service as soon as the order is signed. A hearing schedule established by the PSC indicates that could happen as early as August. Georgia Power has planned to decertify Hammond for years and, in fact, committed […]
IEEFA
Atlanta Business Chronicle: Georgia Power Co. will continue reducing its reliance on coal during the next two decades while stepping up its investments in renewable power and energy efficiency, according to a plan the Atlanta-based utility submitted Thursday. The 2019 Integrated Resource Plan (IRP) would keep Georgia Power moving toward the goals the company committed […]
Dennis Wamsted
Southern Co. offers a case study in the growing momentum behind market-driven electricity-sector transition
IEEFA released a report in November 2015 calling for Southern Co. and its subsidiary Georgia Power—out of respect for investors and ratepayers—to retire the four-unit Plant Hammond coal-fired power station. The report pointed out how flat demand had diminished the need for the plant’s generation capacity and that its electric output was being priced out […]
IEEFA
Atlanta Business Chronicle: Georgia Power Co. has issued a request for proposals for up to 540 megawatts of utility-scale renewable energy projects. The RFP, released on Monday, will fulfill a commitment the Atlanta-based utility made more than two years ago to procure an additional 1,200 megawatts of renewable power through a combination of solar, wind […]
Dennis Wamsted
In announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom Fanning increased the utility’s 45.7 percent stake in the plant to $8.4 billion. It seems a highly misguided move. While Fanning continued to defend the roughly 2,234 […]
IEEFA
AP: Georgia Power is aiming to increase its renewable energy portfolio in the state by adding 100 megawatts of solar power. The utility firm is seeking proposals from solar facilities that are interested in selling solar power to the company, The Atlanta Journal-Constitution reported . Georgia Power is seeking contracts with them to provide solar […]
IEEFA
Wamsted on Energy: The nuclear morass that has ensnared utility executives, state regulators, and legislators in South Carolina and Georgia shows no signs of easing its grip. Southern is set to decide soon whether its Georgia Power subsidiary will seek to complete Vogtle 3 & 4 even though the total cost for the much-delayed nuclear […]
IEEFA
Atlanta Journal Constitution: The full price of expanding Plant Vogtle has swelled to more than $25 billion and the project has slipped further behind schedule in the wake of a key contractor’s bankruptcy, according to estimates disclosed Wednesday by Southern Company. The Atlanta utility hasn’t made a decision about whether the troubled nuclear expansion should […]
David Schlissel
Reverberations in Decision on V.C. Summer Project; Similar Reactor Construction in Georgia Is at Risk; Implications for India's Ambitions
Hindsight being 20/20, it’s clear that the developers of the V.C. Summer nuclear-energy project in South Carolina had no choice but to pull the plug on the project, as they announced yesterday they had done. Reasonable foresight would have better served ratepayers of South Carolina Electric & Gas Co. as well those of Santee Cooper, […]
IEEFA
The Telegraph (Macon): The encroachment issue is a thing of the past now. Property owners have been compensated and last week it was announced that Georgia Power is planning to build a 139-megawatt solar generating facility in the encroachment area, an allowable use of the land. The Georgia Public Service Commission approved the project Tuesday. […]
Georgia Power’s Aging Plant Hammond Should Be Retired
Hobbled by Outdated Coal-Burning Technology, Poor Operating Performance and High Production CostsWe’ve published a paper today that explains why Georgia Power should retire Plant Hammond, an outdated coal-fired electricity plant in northwest Georgia. The report, posted here, details how the 840-megawatt plant, whose four units are from 44 to 61 years old, has grown increasingly expensive to ratepayers in recent years. Plant Hammond’s high costs are […]