Energy Storage News•about 1 month ago
Georgia Power files RFP for up to 6,000MW of new dispatchable energy resources
Key Takeaway
This RFP represents a substantial opportunity for developers of dispatchable generation and storage to meet Georgia's growing power demands.
AI Summary
- •Georgia Power has initiated an all-source RFP for 2,000-6,000MW of new dispatchable capacity, signaling a major market opportunity for developers.
- •This significant capacity requirement indicates growing power demand in Georgia, potentially impacting regional capacity prices and PPA structures.
- •Developers of dispatchable resources, including combined cycle, simple cycle, and battery storage, should prepare proposals to meet this large utility-scale need.
- •The RFP's scale will necessitate careful consideration of interconnection, transmission, and financing strategies for successful project development.
Topics
capacity-marketccgtfinancinginterconnectpolicyppasimple-cyclestoragetransmission
Article Content
Utility Georgia Power has filed a request with the Georgia Public Service Commission (PSC) to approve an all-source capacity request for proposal (RFP) for 2,000MW – 6,000MW of new dispatchable capacity resources in the US state.