Investor Presentaiton slide image

Investor Presentaiton

2022 IRP Georgia Power Integrated Resource Plan Filing Summary GRID STRATEGY 费 电 RENEWABLE STRATEGY Transforming the Fleet and Grid • Transmission Strategy - Shift to a more proactive, longer-term approach - develop and execute a comprehensive transition strategy to effectively facilitate the changing generation landscape • New Technologies - Invest in new technologies to thoughtfully achieve a clean energy future Growing Renewable Energy • Support continued renewable growth by planning to add 6,000 MW of renewables through 2035, roughly doubling Georgia Power's total renewable capacity Pursue 1,000 MW company-owned battery storage to help maintain grid reliability throughout fleet transition by 2030 Meeting Fast Changing Customer Needs and Strengthening Customer Resiliency DEMAND-SIDE STRATEGY • Create innovative programs and provide comprehensive services to meet customer needs • Enhance resiliency and reliability through investments in new technology such as tall wind and integrated hydrogen microgrids ENVIRONMENTAL STRATEGY Protecting the Environment and Communities We Serve • Coal Retirements - Formalize a reliable and cost-effective coal fleet transition strategy and continue to reduce emissions - recommend retiring all Georgia Power controlled units by 2028, except Bowen Units 3&4, which are expected to be retired no later than 2035 . • Implementing Ash Closure (CCR) - safely and cost effectively implementing the ash pond closure plan Please see the regulatory schedule provided in the appendix 11
View entire presentation