29 Apr '13, 1pm

Georgia Power to Acquire 250 MW of Wind; Underscores Strategy of Portfolio Diversity

Georgia Power to Acquire 250 MW of Wind; Underscores Strategy of Portfolio Diversity

Georgia Power last week announced it has entered into an agreement with EDP Renewables North America that for the first time will bring wind energy to the utility's energy portfolio. Through the contracts, Georgia Power will source 250 MW of cost-effective wind energy from EDP's wind farms in southwest Oklahoma. The wind energy purchased through the contracts will provide enough electricity to power more than 50,000 Georgia homes, the investor-owned utility said. Georgia Power will begin receiving the wind power on January 1, 2016. "We are continuously assessing energy options, such as wind, to include in our generation mix in order to provide our customers with clean, safe, reliable, sustainable and low-cost energy,” President and CEO Paul Bowers told AWEA’s Wind Energy Weekly . “We are committed to maintaining a diverse fuel portfolio and energy options that provide the ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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Note: this article first appeared in Renewable Energy Focus March/April 2013. Click here for a free signup . Introduction ...

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