July 16, 2015 Read More →

Bowing to Public Pressure, Alabama Power to Develop ‘Up to 500 MW of Renewables’

Dan Testa on SNL:

Alabama Power Co. is seeking permission from state regulators to develop or buy up to 500 MW of renewable power generation over the next six years. The Southern Co. utility filed with the Alabama Public Service Commission on June 25 requesting a certificate conferring authority to pursue renewable projects of up to 80 MW each, with an emphasis on solar power.

“Authorization of the requested certificate will greatly enhance the ability of the company to react quickly and efficiently to changing federal policies (whether in the form of new environmental regulations or in the form of tax-incentives), customer needs and evolving market conditions,” the utility stated in the filing.

Although the state does not have a renewable portfolio standard or mandates, Alabama Power spokesman Michael Sznajderman said the request would allow the utility to better accommodate large industrial customers that may be striving to meet their own internal corporate environmental goals. “This is driven by customer interest, particularly in solar,” he said. “Certainly some of the global companies that are here are interested in being more sustainable.”

Driven by Customer Interest, Alabama Power Looks to Add Up to 500 MW of Renewables ($)

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