CleanTechnica•14 days ago
Georgia’s Utility Regulator Rushes Deal for Georgia Power Before Public Hearing
Key Takeaway
The rushed approval of expensive new gas plants in Georgia highlights regulatory risk and potential future rate increases for power consumers and developers in the region.
AI Summary
- •Georgia Public Service Commission (PSC) approved a settlement for Georgia Power to build new gas plants, described as the 'most expensive gas plants in the country'.
- •The approval was rushed an hour before a public hearing, indicating a lack of transparency and potential regulatory risk for future projects and rate cases in Georgia.
- •The cost of these plants will be passed on to Georgians, implying potential rate increases for large power consumers and impacting the economics of future power purchase agreements (PPAs).
- •This decision solidifies a significant investment in gas-fired generation within Georgia, potentially influencing the regional generation mix and capacity market dynamics.
Topics
ccgtemissionsfinancingpolicy
Article Content
ATLANTA, Georgia — An hour before hearing testimony from the public and advocacy groups, the Georgia Public Service Commission (PSC) posted a settlement agreement approving Georgia Power’s plan to build the most expensive gas plants in the country, leaving Georgians to foot the bill. The settlement, which the PSC is ... [continued] The post Georgia’s Utility Regulator Rushes Deal for Georgia Power Before Public Hearing appeared first on CleanTechnica .