Regulators OK Georgia Power wind energy purchase

May 21, 2014 by  
Filed under Green Energy News

Dave Williams
Staff Writer- Atlanta Business Chronicle

Georgia energy regulators Tuesday unanimously approved Georgia Power Co.’s first foray into wind energy.

The state Public Service Commission signed off on the Atlanta-based utility’s plan to buy 250 megawatts of power produced by two wind farms in Oklahoma, enough electricity to run more than 50,000 homes.

Texas-based EDP Renewables North America is offering the wind energy to Georgia Power at a rate that is below avoided cost, less expensive that other forms of electric generation already on the grid, making the purchase a good deal for the utility’s shareholders and customers.

Environmental advocates, who have long urged Georgia Power to invest more in developing renewable energy, welcomed Tuesday’s vote.

“Our public service commissioners did the right thing,” said Seth Gunning, organizer of the Sierra Club’s Beyond Coal campaign. “This leadership from the PSC will bring real benefits to Georgia families and proves again how clean energy is powering Georgia – and America.”

“Securing a firm energy contract for wind power is rare, so kudos to Georgia Power and our staff for cutting this deal,” Commissioner Tim Echols added.

The wind power is due to come online in 2016.

Dave Williams covers Government

Comments are closed.