Georgia grid-side energy storage project bidding
Georgia grid-side energy storage project bidding
6 FAQs about [Georgia grid-side energy storage project bidding]
Will Georgia's energy storage project improve grid resiliency?
“We expect this energy storage project to enhance grid resiliency and enable the deployment of increased intermittent emission-free energy on Georgia’s electric grid,” said Oglethorpe Power President & CEO Mike Smith.
How much money does Georgia spend on energy projects?
Officials on Wednesday announced $3.46 billion for 58 projects across 44 states. Oglethorpe Power Corp., Georgia Transmission Corp., Georgia System Operations and Green Power EMC have committed to spend a total of $507 million on the projects, including the $250 million in federal money.
Will Georgia get a $249 million grant to prevent power outages?
ATLANTA (AP) — A $249 million federal grant to Georgia aims to prevent power outages and store electricity on the grid. The money was granted to a state agency, which will pass it to entities owned by electric cooperatives. The grant was announced Wednesday in Locust Grove, south of Atlanta, by U.S. Energy Secretary Jennifer Granholm.
What does Georgia's $249 million Energy grant mean?
The grant also includes advanced grid control systems meant to prevent outages and is expected to lower energy bills through efficiency measures. Jeff Amy covers Georgia politics and government. A $249 million federal grant to Georgia aims to prevent power outages and store electricity on the grid.
Where does a 'grid Resilience & Innovation Partnerships Program' Grant come from?
The grant was announced Wednesday in Locust Grove, south of Atlanta, by U.S. Energy Secretary Jennifer Granholm. The money comes from the Grid Resilience and Innovation Partnerships Program, a $10.5 billion slice of the $1.2 trillion that Congress approved in 2021 as part of an infrastructure law.
How much money will Georgia Transmission spend?
More than $300 million of the $507 million will be spent by Georgia Transmission, which transmits electricity to the cooperatives. Spokesperson Terry Buttrill said much of the money will go to build an additional 80 miles (139 kilometers) of transmission lines, reaching seven substations now served by only one line, mostly in southwest Georgia.
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