Georgia Power plans for additional generation to meet the state's energy needs

 Georgia Power announced today that it has filed a request with the Georgia Public Service Commission (PSC) to approve the final All-Source Capacity Request for Proposal (RFP) documents seeking to procure resources to meet projected capacity needs for 2032 through 2033. The filing includes the 2032-2033 All-Source RFP and requests permission to procure 2,000 to 6,000 megawatts (MW) of new dispatchable capacity resources. The requested resources include thermal generation, energy storage systems, and battery storage plus renewables. The company collaborated with Georgia PSC Staff and an independent evaluator to develop a competitive and fair RFP process that will enable Georgia Power to select the most reliable, economical and efficient proposals for dispatchable generation. If approved, the RFP would be issued and accept bids in the second quarter of 2026, with selected projects submitted to the Georgia PSC for certification in mid-2027. 

The company also filed today a separate request to certify an additional approximately 385 MW of new supplemental solar resources as part of the Clean and Renewable Energy Subscription (CARES) 2023 program, which is one of the company’s latest initiatives to procure new cost-effective renewable energy to serve customers.

“As our state continues to grow, we continue to work with the Georgia PSC to help ensure we have the right mix of generation resources ready to meet future demand,” said Rick Anderson, senior vice president and senior production officer for Georgia Power. “We know our customers depend on us to keep energy reliable and affordable for their homes and businesses and, as we continue to invest in diverse, flexible generation resources, we also continue to work with new large-load customers who are driving much of this growth on appropriate contracts that are designed to cover the cost to serve them.”

In addition to proactively planning to meet future energy demand, Georgia Power also continues to provide updates on projected load growth and large-load customer contracts to the Georgia PSC. As of today, 32 large-load customers have committed to receiving approximately 15,600 MW of electric service with 21 projects under construction. Today’s filings follow previous approval in December by the Georgia PSC of approximately 9,900 MW of combined cycle gas turbines, battery storage, and battery storage plus solar.

Following the Georgia PSC’s approval of updates to rules and regulations for the company in 2025, potential large-load customers must now meet more stringent criteria — including providing financial commitments and demonstrating infrastructure readiness — to remain in the company’s long-term development pipeline. These enhanced requirements help ensure that only the most credible and viable projects are included in Georgia Power’s risk-adjusted load forecast. 

Leveraging Growth to Benefit Existing Customers

Growth is good for Georgia, and Georgia Power is leveraging growth to benefit existing customers. The growing pipeline of large-load customers is a key factor that enabled the company’s base rate freeze, and is helping spread fixed costs across a broader customer base and protect residential and small business customers. Growth has also allowed the company to commit to providing annual savings of $102 per year for the typical residential customer beginning in 2029. 

To learn more about how Georgia Power is keeping energy reliable and affordable for millions of Georgia homes and businesses, visit  GeorgiaPower.com.