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.

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.

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.

How has Georgia reformed the energy sector?

The government has achieved much in reforming the energy sector; however, Georgia has yet to align its policy and regulatory frameworks to adopt new technologies such as energy storage and green hydrogen, which are emerging as the future of energy security.

What is Georgia's energy security?

Energy security. Georgia's energy mix is dominated by hydropower (75%), and due to seasonal variations in water availability, relies heavily on imports from neighboring countries (Russia and Azerbaijan) to meet demand-supply gap.