Georgia Power Plans to Retire All Coal Units by 2035
Georgia Power plans to shutter most of its coal fleet by 2028 and completely exit coal-fired power by 2035, according to the utility’s latest integrated resource plan (IRP) filed with state regulators on Jan. 31.
The Southern Co. subsidiary on Monday said it would make more investments in natural gas-fired generation, along with renewable energy, to make up for the lost coal-fired electricity output. The utility also plans to have two new reactors online at its Plant Vogtle nuclear power site, one by the end of this year and the other by mid-2023, that will add more than 2 GW of generation capacity to the company’s fleet.
Georgia Power CEO Chris Womack on Monday said environmental concerns and the current economic landscape of power generation factored into the company’s decisions. The utility files a new IRP with the Georgia Public Service Commission (PSC) every three years. Its previous IRP was approved in July 2019. Hearings will be held over the next few months to discuss the utility’s plan, with a vote by the PSC expected this summer.…