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David Schlissel and Press Release
Delays, mismanagement, overruns may leave Georgia Power ratepayers with enormous cost burden
January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online, according to a report by the Institute for Energy Economics and Financial […]
IEEFA
PV Magazine: Georgia Power, utility to over 2.6 million customers, issued a request for proposal (RFP) for 1030 MW of new renewable energy generation. Applicable projects will be 3 MW or greater in size, and would reach in-service dates in 2023 and 2024. The utility has 2700 MW of active renewable energy in its portfolio, […]
IEEFA
EnergyWire ($): Southern Co. announced yesterday that it will shutter roughly 55 percent of its coal fleet by the end of the decade as the company shifts to a net-zero electricity mix. The closures include units at the nation’s two largest coal-fired power plants, as well as the previously announced Plant Daniel, one of the […]
IEEFA
Energy Storage News: US utility company Georgia Power has approval from regulator Georgia Public Service Commission (PCS) for the first project in its 80MW portfolio of ‘build, own, operate’ standalone battery energy storage systems (BESS). The company said yesterday that approval has been granted for Mossy Branch Battery Facility, a 65MW / 260MWh asset which […]
Dennis Wamsted
Regulators in North Carolina should follow suit, require changes to Duke Energy’s inadequate IRP
July 8, 2021 (IEEFA) ⎼ South Carolina regulators last month rejected Duke Energy’s integrated resource plan (IRP), directing the utility to resubmit its proposal after incorporating nearly a dozen significant changes and new analyses. Many of these changes had been proposed by a broad group of participants in the IRP process and were recommended in […]
IEEFA
S&P Global Market Intelligence: Nearly one-third of the power generation resources planned to come into service in the U.S. in 2021 is located in the Electric Reliability Council Of Texas Inc. market, according to an S&P Global Market Intelligence analysis. Overall, 63,667 MW of new resources are projected to come into service, while 10,693 MW […]
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ReNews.biz: Wartsila has won a contract to supply a 40MW / 80 megawatt-hour DC-coupled storage system for the Hickory Park solar project in Georgia, US, being developed by RWE Renewables. Delivery of the Wartsila storage system is scheduled for September 2021, and the plant is expected to commence commercial operations in November. Wartsila’s GEMS digital […]
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Energy Storage News: Work has begun on a 195.5MW solar farm in Georgia, US, co-located with 40MW/80MWh of battery storage for RWE Renewables, subsidiary of Germany-headquartered multinational energy company RWE Group. RWE Renewables and utility company Georgia Power signed a 30-year power purchase agreement (PPA) deal for the utility to off-take energy generated by the […]
Dennis Wamsted and Seth Feaster
Bowen and Scherer, the two largest coal-fired power plants in the U.S., lost out to cheaper—and greener—alternatives
Fresh data from the Energy Information Administration points to the monumental nature of the transition under way in the U.S. utility sector and localizes it dramatically in Georgia, where utility-scale solar and hydropower for the first time generated more electricity than coal during the first half of the year. This is of special note because […]
IEEFA
Utility Dive: Plant Scherer in Georgia — for years, the highest capacity coal-fired plant in the U.S. — will lose one of its four units to retirement, a sign that even the largest coal power plants are not immune to the economic pressures driving down coal’s standing in the U.S. generation mix. On Friday the […]
IEEFA report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry
Decade-long influx of cheap gas started regional transition; solar expected to finish itOct. 1, 2019 (IEEFA U.S.) – Abundant gas supplies have transformed the electricity-generation sector in the traditionally coal-dominated Southeast U.S. Planned new solar construction in the region will add momentum to the energy transition and likely lead to the zeroing out of all coal generation in a number of states in the near future, finds […]