Tuesday, October 28, 2014

Low-Cost Solar Power Could Triple Georgia’s Solar Capacity

Georgia State Capitol (Credit: Corey Carey, Wiki Commons) Click to enlarge.
Editor’s Note:  While it’s great to see Georgia finally moving to put some serious solar power installations up, the really exciting thing about this story is that some of the projects are offering electricity for 6.5¢/kWh!  If that doesn’t mean anything to you, that’s cheaper than the cheapest coal on the market (not even counting externalities), far cheaper than the cheapest nuclear on the market, and cheaper than most of the natural gas on the market (not counting externalities).  That’s not just competitive — it’s cheap!  Here’s more info on the Georgia solar news from Jake / Solar Love:

Georgia has not done the best of the US states in adopting solar power.  At the same time, it has installed about 138 MW, so it ranks 15th nationally.  The state’s utility, Georgia Power, has not been very open to renewable energy, even though Georgia has very strong solar potential.  Up until now, it seems most of this potential has been wasted.

However, at a policy level, there has been some movement to apply pressure to Georgia Power to adopt more solar.  Georgia is a conservative state, so there has been a resistance to disrupting the main utilities’ reliance on fossil fuels.  However, the dramatic drop in solar power prices has made even a resistant utility begin to embrace it more.

Georgia Power is looking for approval of 525 MW from 10 new solar power plants.  The average price of electricity for some of the proposed solar projects from developers was 6.5 cents per kilowatt-hour.  (That’s really low!)  The huge increase of over 500 MW would more than triple Georgia’s current solar power capacity.  It would also do so at lower prices than have been bid at previously.  Adding another 500 MW of solar power would create a number of new jobs for the construction phase of the projects, so there would be some impact economically.

Low-Cost Solar Power Could Triple Georgia’s Solar Capacity

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