ATLANTA, May 10 /PRNewswire-FirstCall/ -- Georgia Power has executed
long- term power agreements to meet the future electricity needs of its
customers. The company filed with the Georgia Public Service Commission
(PSC) today requesting certification for approximately 1,039 megawatts of
capacity for use beginning June 1, 2009.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050216/CLW066LOGO)
As part of its Integrated Resource Plan (IRP), Georgia Power is
required to seek bids for new generation for the 2009 time frame. The
certification filing is part of an amended 2004 IRP filing that also
includes an updated load forecast. It also includes the request for
certification of a capacity upgrade for Georgia Power's share of the Rocky
Mountain Hydroelectric Plant.
The new contracted electric capacity will come from three existing
combustion turbine facilities, all owned by Progress Energy Ventures. They
are:
- Washington County Power, an electric generating plant in Washington
County, Georgia near Sandersville.
- MPC Generating, an electric generating plant in Walton County, Georgia
near Monroe.
- Walton County Power, an electric generating plant also in Walton
County.
"We identified a capacity need for generation beginning in the year
2009 due to continued growth in the demand for electricity and an expiring
purchased power agreement," said Oscar Harper, Georgia Power's vice
president of planning and development. "We have reviewed the numerous bids
from the request for proposal process, and believe that these projects best
suit the long-term economic and reliability needs of our customers."
During the 2009 request for proposal (RFP) process, the PSC used, for
the first time, an independent evaluator (IE), Accion Group. The IE was
involved in all facets of the RFP process including the oversight of the
Standards of Conduct, the development and completion of all RFP documents
such as the form Power Purchase Agreements (PPA), and the selection of the
winning bids. In addition, the IE and the PSC staff monitored the
negotiation of the final contracts.
"This certification request represents a continuation of the forward-
looking planning process that the PSC has in place to ensure that there
will be enough electricity available to meet Georgia's demands in the
future," Harper said. "The IRP is designed to ensure that Georgians have
the power they need at the best price available. The new process adds a
level of assurance to ensure it is fair and equitable for all."
Georgia Power is the largest subsidiary of Southern Company, one of the
nation's largest generators of electricity. The company is an
investor-owned, tax-paying utility, providing electricity to Georgia for
more than a century. Georgia Power operates in all but four of Georgia's
159 counties and serves over 2.1 million customers.
SOURCE Georgia Power
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Related links:
http://www.georgiapower.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20050216/CLW066LOGO
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CONTACT:
Lolita Jackson of Georgia Power,
+1-404-506-7676, or +1-800-282-1696, or media@georgiapower.com
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