Georgia Power announces 2025 Energy Storage System Request for Proposals
Rhea-AI Summary
Georgia Power, a subsidiary of Southern Company (NYSE: SO), has announced a Request for Proposals (RFP) for Energy Storage System (ESS) resources, targeting 500 MW of storage capacity. The RFP, approved by the Georgia Public Service Commission as part of the company's 2022 Integrated Resource Plan, seeks proposals for standalone ESS and ESS with renewable resource capabilities.
The storage systems must have a minimum discharge duration of two hours and be operational by 2031. Ascend Analytics will serve as the independent evaluator administering the RFP process, with a Bidder's Conference scheduled for September 29, 2025. The initiative supports Georgia Power's commitment to delivering clean, reliable energy to its 2.8 million customers across Georgia.
Positive
- Strategic expansion of energy storage capacity with 500 MW target
- Demonstrates commitment to clean energy transition and grid reliability
- Structured, competitive bidding process with independent evaluation
- Long-term planning with implementation through 2031
Negative
- Extended timeline for implementation (up to 2031) may delay immediate benefits
- Significant capital investment required for energy storage infrastructure
News Market Reaction
On the day this news was published, SO gained 0.74%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The RFP, administered by independent evaluator Ascend Analytics on behalf of Georgia Power, will solicit:
- Standalone ESS with grid charging capability; and
- ESS with Renewable Resource (new or existing) and grid charging capability
The procurement target capacity is 500 megawatts (MW), with a required storage discharge duration of at least two hours.
Interested participants are required to register through the Ascend Analytics Power Procurement platform where they will be invited to attend an RFP Bidder's Conference, either in person or via a virtual option, on Sept. 29, 2025. Participants should visit the independent evaluator website for additional details of the RFP and Solicitation Schedule.
All proposals and communication must be submitted through the Ascend Analytics Power Procurement platform. Georgia Power will not accept submissions or inquiries by phone, email or mail for the program.
To learn more about how Georgia Power is meeting the needs of customers through a diverse, balanced energy portfolio and the IRP process, visit GeorgiaPower.com.
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 2.8 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 offers rates below the national average, 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).
About Ascend Analytics
Ascend Analytics is the leading provider of market intelligence and analytics solutions for the power industry. The company's offerings enable decision makers in power supply, procurement, and investment markets to plan, operate, monetize, and manage risk for renewable energy and storage assets. From real-time to 30-year horizons, their forecasts and insights are at the foundation of over
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SOURCE Georgia Power