27 Sep '12, 9pm

Georgia Power makes a big bet on solar

Georgia Power makes a big bet on solar

Georgia Power plans to invest heavily in new energy production. Specifically, up to 210 megawatts of solar by 2017. From Bloomberg : [The company], based in Atlanta, submitted plans to regulators to buy 70 megawatts of capacity a year starting in 2015, according to a statement yesterday. If approved, the Advanced Solar Initiative would be the largest voluntary purchase of solar energy by an investor-owned utility in the U.S., Georgia Power said. Utilities in some other states are required to buy electricity generated from renewable sources. Georgia doesn’t have a state renewable portfolio standard, as such polices are known. Why the investment? One incentive was provided this summer. The Union of Concerned Scientists (a union of concerned scientists) has long noted the link between warm weather and reduced electricity generation from fossil fuel plants. Data released today...

Full article: http://grist.org/news/georgia-power-makes-a-big-bet-on-so...

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