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Georgia Power to Buy Electricity From Greenway Renewable Power

Posted on: Tuesday, 12 February 2008, 06:00 CST

Electricity utility Georgia Power has added another company to its growing list of independent renewable energy suppliers that have committed to a long-term contract to provide renewable electricity.

Georgia Power and Greenway Renewable Power, an affiliate of Rollcast Energy, have penned a 15-year deal for electricity that will be generated from environmentally-friendly wood waste.

The power will come from a biomass-fueled facility to be located near Franklin in Heard County. The material used to make electricity will come from timber harvesting residuals and collection of non-commercial tree species, tree-thinnings, lumber scraps and wood waste reclaimed from landfills.

The Greenway facility is scheduled to go into operation in 2010 and will produce 50MW of renewable energy. Under the contract, Georgia Power will purchase 100% the plant's capacity.

With the addition of this contract, Georgia Power's energy portfolio includes contracts with six qualified biomass and renewable facilities throughout the state that generate 130MW.

Georgia Power is working to increase its renewable energy portfolio both through the purchase of energy from renewable generators and through investments in self-owned renewable generation.

Source: Datamonitor

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