Georgia Power's first battery energy storage system reaches commercial operation


Werte in diesem Artikel
Aktien

74.86 EUR -0.30 EUR -0.40 %

65 MW Mossy Branch Battery Facility adds resiliency to Georgia's electric grid; Company leadership and elected officials tour site in Talbot County on Thursday

ATLANTA, Nov. 8, 2024 /PRNewswire/ -- Georgia Power leaders joined elected officials from the Georgia Public Service Commission (PSC), Georgia legislature, and Talbot and Muscogee counties on Thursday to mark commercial operation of the company's first "grid-connected" battery energy storage system (BESS). The Mossy Branch Battery Facility is capable of 65 megawatts (MW) of battery storage that can be deployed back to the grid over a four-hour period, adding resiliency to the state's power grid and helping ensure reliable energy for a growing Georgia.

(PRNewsfoto/Georgia Power)

The Mossy Branch facility was approved by the Georgia Public Service Commission as part of Georgia Power's 2019 Integrated Resource Plan (IRP) and is a standalone storage unit that connects with and charges directly from the electric grid. BESS projects like Mossy Branch support the overall reliability and resilience of the electric system, while also enhancing the value of intermittent renewable generation resources such as solar. Storage systems can improve the efficiency of renewable energy by storing excess energy produced during periods when the demand for electricity is lower, for use when the demand is higher, such as on cold winter mornings. Because battery storage can provide stored energy to the grid for hours on demand, BESS resources enhance the overall reliability of the electric system.

"We know our customers depend on us to make the investments in our state's power grid needed to deliver reliable energy to their homes and businesses around the clock," said Kim Greene, chairman, president and CEO of Georgia Power at the Mossy Branch site on Thursday. "Battery energy storage is an example of a new technology that will make our grid more reliable and resilient every day, and especially during extreme weather events such as Hurricane Helene or Winter Storm Elliott. The Mossy Branch facility is an incredibly valuable addition to our grid and commercial operation of this site is a significant milestone in our continued work with the Georgia PSC to evolve and enhance Georgia's power grid."

Georgia Power worked with industry leader Wärtsilä to provide the engineering, procurement and construction services for the Mossy Branch facility. The project utilizes the GEMS Digital Energy Platform, Wärtsilä's energy management system, to manage the facility and provide secure operations, and is built with Wärtsilä's Quantum, a fully integrated, modular, and compact energy storage system. 

New Battery Energy Storage Projects Underway Across Georgia
Georgia Power continues to work with the Georgia PSC to procure and develop BESS projects across Georgia. In addition to the Mossy Branch facility, Georgia Power is developing the 265 MW McGrau Ford Phase I BESS project in Cherokee County. This project was approved in the 2022 IRP, and Georgia Power expects it to enter service by the end of 2026.

An additional 1,000 MW of new battery energy storage is expected to be procured in the coming years through competitive bidding processes and, in August, Georgia Power also announced the locations of 500 MW of new BESS projects that will be owned by the company. These new company-owned projects include 128 MW located adjacent to Robins Air Force Base (Bibb County); 49.5 MW located adjacent to Moody Air Force Base (Lowndes County); 57.5 MW located on the former Plant Hammond site (Floyd County); and 265 MW as a second phase of BESS at McGrau Ford. Read more here.

To learn more about how Georgia Power is meeting the needs of customers through a diverse, balanced energy portfolio, visit www.GeorgiaPower.com/IRP.

About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.7 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), X (X.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).

Georgia Power leaders joined elected officials from the Georgia Public Service Commission (PSC) on Thursday to mark commercial operation of the company’s first “grid-connected” battery energy storage system (BESS):
From left to right:
Georgia Public Service Commissioner Tim Echols, Georgia Power Senior Vice President and Senior Production Officer, Rick Anderson, Georgia Power Chairman, President and CEO, Kim Greene, Georgia Public Service Commissioner, Fitz Johnson

Georgia Power leaders joined elected officials from the Georgia Public Service Commission (PSC), Georgia legislature, and Talbot and Muscogee counties on Thursday to mark commercial operation of the company’s first “grid-connected” battery energy storage system
 (BESS).

The Mossy Branch Battery Energy Storage System (BESS) facility and is a standalone storage unit that connects with and charges directly from the electric grid.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/georgia-powers-first-battery-energy-storage-system-reaches-commercial-operation-302300091.html

SOURCE Georgia Power

Aktuelle Southern Aktie News

Werbung

Southern Analysen

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Southern nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
Datum Rating Analyst
09.08.18 Southern Equal Weight Barclays Capital
24.07.18 Southern Sector Perform Scotia Howard Weil
26.06.18 Southern Hold Deutsche Bank AG
23.01.18 Southern Neutral Mizuho
29.09.17 Southern Outperform RBC Capital Markets

Information


Die Handels- und Depotfunktionen in diesem Broker Cockpit werden für Finanzinstrumente von der Finanzen.net Zero GmbH als vertraglich gebundener Vermittler der DonauCapital Wertpapier GmbH (§ 3 Abs. 2 WpIG) bereitgestellt; bei Kryptowerten werden die Handels- und Depotfunktionen in diesem Broker Cockpit ausschließlich von der DonauCapital Wertpapier GmbH bereitgestellt. Die Finanzen.net GmbH stellt ausschließlich den technischen Rahmen bereit und ist in die Wertpapier- und Kryptodienstleistung nicht einbezogen.