As part of the 2016 Integrated Resource Plan (IRP) process, Georgia Power and the Georgia Public Service Commission (PSC) stipulated an agreement, which can add up to 1,600 megawatts (MW) of renewable generation through several new programs.
Through the Renewable Energy Development Initiative (REDI), the company will procure 1,200 MW of capacity from solar, wind and/or biomass resources. Georgia Power will seek to procure a total 1,050 MW of utility-scale resources from renewable projects through a competitive bid process known as a Request for Proposal (RFP) at a price not to exceed Georgia Power's long-term avoided cost. Utility-scale projects greater than 3 MW in size will be procured through two separate 525 MW RFPs to be conducted in 2017 and 2019. The company is limited to procuring a total of 300 MW of wind out of the 1,050 MW. Information about the program can be found on the Independent Monitor's website: https://gpcredi.accionpower.com/_gpredi_1601/accionhome.asp.
In 2017, Georgia Power will begin the process to procure 100 MW of distributed generation (DG) projects, from 1 kilowatt (kW) up to 3 MW, through an RFP at a price not to exceed Georgia Power's long-term avoided cost. Georgia Power will also procure 50 MW of customer-sited DG projects, from 1 kW up to 3 MW, through a lottery process (if over-subscribed) and contracted at pre-determined prices not to exceed Georgia Power's long-term avoided cost. All renewable projects selected through the REDI programs will provide generation to the company's portfolio and deliver energy savings for all Georgia Power customers.
The company will also add 200 MW of self-build solar capacity and will design a new renewable program of up to 200 MW for commercial and industrial customers.
Please continue to check back as more details on these programs develop.