georgia power should retire plant hammond david schlissel november 18, 2015
TRANSCRIPT
![Page 1: Georgia Power Should Retire Plant Hammond David Schlissel November 18, 2015](https://reader036.vdocument.in/reader036/viewer/2022062322/5697bfc31a28abf838ca5452/html5/thumbnails/1.jpg)
Georgia Power Should Retire Plant
Hammond
David Schlissel November 18, 2015
![Page 2: Georgia Power Should Retire Plant Hammond David Schlissel November 18, 2015](https://reader036.vdocument.in/reader036/viewer/2022062322/5697bfc31a28abf838ca5452/html5/thumbnails/2.jpg)
The Amount of Electricity Generated at Plant has Declined and Is Not Likely to Bounce
Back
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Units 1-3 Have Hardly Generated Any Power in Recent Years and Unit 4 Has Essentially
Become a Seasonal Peaker
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Decline in Generation Due to Precipitous Drop in Natural Gas Prices Starting in 2009
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Natural Gas Prices are Expected to Stay Low
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Plant Hammond is Becoming Increasingly Expensive to Operate
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At the Same Time, Georgia Power Has Invested $538 Million in Plant Hammond Since 2007 and Is Likely to Have to Spend More in
Coming Years
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Georgia Power Has Lower Cost Alternatives to Continued Operation of Plant Hammond –
Purchased Power in the Short Term
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Solar PV Installation Prices Are Declining
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Continued Operation of Plant Hammond More Expensive than Recent Solar PV PPA Prices
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Continued Operation of Plant Hammond More Expensive than Wind Power PPAs
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![Page 12: Georgia Power Should Retire Plant Hammond David Schlissel November 18, 2015](https://reader036.vdocument.in/reader036/viewer/2022062322/5697bfc31a28abf838ca5452/html5/thumbnails/12.jpg)
Plant Hammond Recent Generation Similar to That of Other Coal Units Georgia Power is
Retiring
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Plant Hammond is About the Same Age as Other Coal Units Georgia Power is Retiring
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Power from Plant Hammond is More Expensive Than Power from Other Coal Units
Georgia Power is Retiring
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