February 4 (Renewables Now) - US utility Georgia Power is seeking regulatory approval to procure up to 1,000 MW of renewables capacity, a plan that will lift the share of its renewable energy capacity to 18% by 2024.
The scheme is part of the company’s 2019 Integrated Resource Plan (IRP) that has been submitted to the Georgia Public Service Commission (PSC), Georgia Power said on Friday. Apart from the renewables procurement, it sets energy efficiency goals, planned to be achieved through energy-saving programmes that are seen to cut the utility’s peak demand by 1,600 MW, or 10% of its current levels, by 2022.
Additionally, Georgia Power has requested approval to decertify five coal-fired units and issue two Requests for Proposals (RFPs) to explore “potential market opportunities for future generation needs.” Under the initiative, the utility is seeking to put a focus on resilience in both generation and power delivery planning. Its senior vice president and senior production officer Allen Reaves said: “As our generation mix evolves toward more natural gas-fuelled plants and intermittent renewable resources, resilience will grow in importance.”
The IRP filings with the PSC are required to be made every three years. The plan will be subject to additional filings and public hearings and a decision by the PSC is expected to be issued in the summer.