On April 1, 2024, Dominion Energy Virginia received approval from the Virginia State Corporation Commission (SCC) for over a dozen new solar projects. [1] These projects, totaling 764 megawatts (MW), include four solar projects owned or acquired by Dominion Energy Virginia and 13 power-purchase agreements (PPAs) with independently owned solar projects. Together, they will generate enough electricity to power nearly 200,000 homes at peak output. This approval signifies a significant expansion of Dominion Energy's clean energy fleet, currently the second-largest in the nation. Upon completion, Dominion Energy will have over 4,600 MW of approved solar projects in Virginia, enough to power more than 1.1 million homes. The construction of these projects is expected to create over 1,600 jobs and generate $570 million in economic benefits across Virginia. The projects are scheduled to be completed by 2026 and require local and state permits before construction can begin. Despite the estimated cost adding approximately $1.54 to the average residential customer's monthly bill, Dominion Energy Virginia's rates remain 12% below the national average and 31% below the Mid-Atlantic average. Dominion Energy is committed to providing reliable, affordable, and increasingly clean energy while working towards achieving Net Zero emissions by 2050.
[USA] Qcells completes first solar plant expansion linked to IRA
On October 18, 2023, Qcells, part of Seoul-based Hanwha, announced that it had completed its Dalton, Georgia, solar panel factory expansion.[1] The company added 2 GW of solar capacity to the factory, bringing the factory’s total output to more than 5.1 GW per year. The Dalton factory will now manufacture nearly 30,000 solar panels on a daily basis. According to the company, the factory is now the largest manufacturing plant of its kind in the Western Hemisphere and the first solar panel expansion since the passage of the Inflation Reduction Act (IRA). Qcells CEO Justin Lee cited the IRA and Georgia’s collaboration as making the investment possible. The expansion is the first phase of a $2.5 billion investment Qcells announced in January.
Qcells said the expansion created 510 new jobs. It will assemble two new solar products: the Q.TRON G2 residential solar panel and a bifacial panel for commercial and utility markets. The company opened its first factory in Georgia in 2019 and initially hired 750 people to manufacture 1.7 GW of solar per year. Qcells said its first investment was made possible in part by the Section 201 tariffs imposed on solar cells. Qcells also has a planned factory located in Cartersville, Georgia, that will manufacture solar ingots, wafers, cells, and finished panels.
[1] https://us.qcells.com/blog/qcells-north-america-completes-dalton-factory-expansion/
[USA] DOE announces $3 billion partial loan guarantee to Sunnova
On September 28, 2023, the Department of Energy (DOE), through its Loan Programs Office (LPO), announced that it has finalized a $3 billion partial loan guarantee to Sunnova Energy Corporation’s Project Hestia.[1] The announcement is the federal government’s single largest commitment to solar energy and the DOE’s first loan guarantee for a virtual power plant (VPP). Project Hestia will make distributed energy resources (DERs), such as rooftop solar, battery storage, and VPP-ready, consumer-facing software, available to homeowners and create more than 3,400 jobs. The project will provide loans for clean energy systems for approximately 75,000 to 115,000 homeowners throughout the U.S., including Puerto Rico. It will benefit disadvantaged communities with high energy burdens that would otherwise have difficulty accessing clean energy. According to the DOE, over the next 25 years, the approximately 568 MW project is expected to avoid an estimated 7.1 million tonnes of carbon dioxide—roughly equivalent to eliminating carbon dioxide emissions from 1.5 million vehicles on the nation’s roads for a year.
[1] https://www.energy.gov/lpo/articles/doe-announces-3-billion-partial-loan-guarantee-sunnovas-project-hestia
[USA] SEIA analysis finds $100 billion in solar and storage investment since IRA passed
According to a new analysis released by the Solar Energy Industries Association (SEIA) on August 16, 2023, since the Inflation Reduction Act (IRA) was signed into law in August 2022, U.S. solar and storage companies have announced over $100 billion in private sector investments.[1] These investments include the construction or expansion of 51 solar manufacturing facilities in the last year. The new and expanded solar factories equal 155 GW of new production capacity across the solar supply chain, including 85 GW of solar module capacity, 43 GW of solar cells, 20 GW of silicon ingots and wafers, and 7 GW of inverter capacity. The analysis found that by 2026, the U.S. will have over 17 times its current manufacturing capacity across modules, cells, wafers, ingots, and inverters when the factories are in operation.
According to SEIA, 65 GWh of energy storage manufacturing capacity has been announced across 14 new or expanded facilities. In addition, over 3 GW of new large-scale energy storage projects have been deployed, and an estimated 100,000 customers have installed a residential solar system paired with battery storage. Solar manufacturing facilities announced that they will employ more than 20,000 people. Over the next decade, the solar industry will generate $565 billion in private sector investments over the next decade and by 2033, U.S. solar capacity will reach 668 GW, enough to power every home east of the Mississippi River.
[1] https://www.seia.org/blog/policy-prosperity-solar-supercharging-american-communities-after-one-year-energy-incentives
[USA] DOE announces $45M to bolster domestic solar manufacturing
On July 6, 2023, the Department of Energy (DOE) announced $45 million to support pilot manufacturing of solar components to help boost the domestic manufacturing sector.[1] The funding, called the Silicon Solar Manufacturing and Dual-use Photovoltaics Incubator, includes $18 million from the Bipartisan Infrastructure Law (BIL) and will also support the development of dual-use solar technologies, such as agrivoltaics, building-integrated photovoltaics (BIPV), floating PV, and vehicle-integrated PV. According to the DOE, dual-use PV has the potential to minimize land-use concerns.
The funding opportunity will fund up to 12 projects to help establish a network of manufacturers focused on key materials such as polysilicon production, silicon ingots and wafers, solar cells, glass and other module components, and associated manufacturing equipment. Concept papers for the funding opportunity are due by September 27, 2023.
[1] https://www.energy.gov/articles/biden-harris-administration-announces-45-million-boost-domestic-solar-manufacturing
[USA] Enel announces plans to build solar PV cell and panel manufacturing facilities in Oklahoma
On May 22, 2023, Enel North America, partnered with Italian company 3Sun USA, announced plans to build one of the largest solar photovoltaic (PV) cell and panel manufacturing facilities in Inola, Oklahoma, about 25 miles east of Tulsa.[1] Enel has a large presence in Oklahoma, with more than 2 GW of renewable energy capacity representing over $3 billion in total investments over the last ten years. Construction for the manufacturing facility is planned to begin in fall 2023, with the first panel produced and available to the market by the end of 2024. The company expects the factory to reach 3 GW of annual capacity in 2025, with a possible future expansion to 6 GW. The factory represents over $1 billion in initial investments and expects to create over 1,800 construction jobs.
According to the press release, the planned facility will be among the first in the U.S. to produce solar cells and will incorporate a high-performance bifacial heterojunction technology (HJT). The bifacial HJT can secure higher than average energy production, producing approximately 15-20% more electricity than conventional single-sided panels. It also provides significant efficiency improvements, with a certified cell efficiency of 24.6%. In addition, the technology’s lower degradation ensures a longer useful life for modules, and the cells’ high density is conducive to a variety of applications, such as land-constrained utility-scale installations or rooftops.
[1] https://www.enelnorthamerica.com/newsroom/news/search-press/press/2023/05/3sun-oklahoma
[USA] Avangrid signs 240 MW solar PPA with Meta
On March 20, 2023, Avangrid, a U.S. subsidiary of Spanish utility Iberdrola, announced that it has signed a power purchase agreement (PPA) with Meta to procure energy from its True North solar PV project.[1] True North is a 240 MW solar farm under development in Falls County, Texas, and Avangrid’s first solar facility in the state. The solar farm will deliver 240 MW of solar energy to Meta once it reaches commercial operations in early 2025. According to Avangrid, the project will create over 200 local jobs during its construction and operation and generate over $40 million in property taxes over 25 years.
Since 2020, Meta’s global operations have been supported by 100% renewable energy. The True North project will support Meta’s upcoming data center in nearby Temple, Texas, their second data center in Texas. With more than 8.6 GW of installed renewable capacity, including 1.1 GW of solar projects operating and under construction, Avangrid is the third largest renewable energy operator in the U.S. the company has more than 25 GW of clean energy under development, including solar, onshore wind, offshore wind, and battery energy storage.
[1] https://www.avangrid.com/w/avangrid-to-support-meta-s-operations-in-texas-with-new-240-mw-solar-farm
[USA] SEIA outlines plan to improve U.S. domestic solar supply chain
In a whitepaper released on March 8, 2023, the Solar Energy Industries Association (SEIA) outlines steps to secure a stronger domestic solar supply chain in the U.S. and reduce reliance on global imports, particularly from China.[1] The plan, titled “American Solar and Storage Manufacturing Renaissance: Managing the Transition Away from China”, lays out steps for reducing imports at a parallel pace with efforts to reshore manufacturing and scale domestic production in key parts of the supply chain. According to the whitepaper, the current policy environment is enough to meaningfully manufacture all elements of the solar supply chain in the U.S. in the medium and long term. However, the plan does not call for the U.S. to cut itself off fully from global markets, instead recommending reducing reliance on equipment and materials from China and other potential adversaries. SEIA stated that the U.S. could have the most competitive and collaborative solar and energy storage industry by 2030.
In addition to the report, SEIA released an interactive map that tracks new and existing solar and storage facilities in the U.S. The map includes new solar manufacturing investments, such as those made since the passage of the Inflation Reduction Act (IRA). It incorporates facilities across the solar and storage value chain, including facilities that produce raw materials, solar module assembly factories, and component facilities. According to SEIA analysis, the IRA is projected to grow the solar manufacturing workforce in the U.S. from about 34,000 jobs today to more than 115,000 jobs by 2030.
[1] https://www.seia.org/news/us-solar-and-storage-paper-outlines-plan-take-control-us-supply-chain
[USA] QCells to invest $2.5 billion to build out U.S. solar supply chain
Qcells announced on January 11, 2023, that it will invest more than $2.5 billion to build a solar supply chain in the U.S., creating 2,500 jobs in Georgia.[1] The announcement, y Qcells’ parent company Hanwha Solutions, an energy services, petrochemical, and real estate development company headquartered in Seoul, marks the largest such investment in U.S. history. In the first quarter of 2023, Qcells will begin building a facility in Bartow County, Georgia that will manufacture 3.3 GW of solar components and panels a year. The company also plans to assemble an additional 2 GW of solar panels at its Dalton, Georgia facility, bringing total solar panel production to 4.1 GW per year by 2023. The company’s Dalton factory was producing 1.7 GW of solar modules each year and is being overhauled to increase output to 3.1 GW. The investment is expected to bring Qcells’ total solar panel production capacity in Georgia to 8.4-gigawatt by 2024.
[1] https://qcells.com/us/stay-in-the-loop/trending-news-detail?newsId=NEW230109100829007
[USA] CPUC lowers net metering rate for rooftop solar
On December 15, 2022, the California Public Utilities Commission (CPUC) unanimously approved revised net metering rules that will reduce the rates paid to new rooftop solar customers.[1] California first adopted net energy metering (NEM) incentives more than 20 years ago, allowing 1.5 million customers to install solar panels. The CPUC first proposed revisions in December 2021 but shelved them based on stakeholder criticisms. Regulators said the newly approved net metering rules, which were initially released in November 2022, were designed to adapt the solar market to the changing grid. “[T]he electric grid is now powered largely by renewable systems, both large and small, and there are even moments when we need to curtail, meaning shut down, clean renewable generation because we have too much on the grid at once,” CPUC President Alice Reynolds said. According to the commission, the aim of the new rules is to shift the use of solar-generated power to the evening hours when demand rises, but solar generation ceases.
The previous NEM framework gave customers a credit at the retail rate for energy that they provide to the grid. The new framework, called net billing, includes a retail export compensation rate that is based on the value that behind-the-meter generation provides to the grid and electrification retail import rates that have high differentials between winter off-peak and summer on-peak rates. The intention is to encourage more customers to install solar paired with storage, which will draw energy during the day and dispatch it at night. Customers installing solar with storage will save about $136 a month on their electricity bill, compared to about only $100 for households with only solar panels. Current net metering customers will not be affected by the new rules.
[1] https://docs.cpuc.ca.gov/PublishedDocs/Published/G000/M499/K921/499921246.PDF
[USA] NYSEDRA and National Grid announce the selection of 21 community solar projects
On October 17, 2022, the New York Energy Research and Development Authority (NYSERDA), in partnership with National Grid, announced that 21 community solar projects, totaling more than 120 MW, have been selected as the first round of the Expanded Solar For All program.[1] The program, which was approved by the state’s Public Service Commission (PSC) in January 2022, will serve nearly 175,000 income-eligible customers in National Grid’s upstate service areas once fully implemented. The announcement builds on NYSERDA’s NY-Sun program, the state’s $1.8 billion initiative to advance the scale-up of solar energy while reducing costs and making solar more accessible. According to the press release, the announcement also supports New York’s Climate Leadership and Community Protection Act (Climate Act) mandate that at least 35% of the benefits of clean energy investments be directed to disadvantaged communities. The installed distributed solar projects combined with projects under development go beyond the current Climate Act goal to install 6 GW of distributed solar by 2025.
NYSERDA expects to select an additional round of projects in 2023. As part of the program’s first phase, National Grid will provide up to $240 million in bill credits during the 25-year lifetime of the program. The second phase, subject to approval from the PSC, would double the total anticipated bill credits to up to $480 million over the program’s lifetime.
[1] https://www.nyserda.ny.gov/About/Newsroom/2022-Announcements/2022-10-17-NYSERDA-and-National-Grid-Announce-Round-1-Results
[USA] First Solar to invest $1.2B to expand its U.S. business following enactment of IRA
On August 30, 2022, First Solar said it will invest up to $1.2 billion to expand its U.S. manufacturing and grow its domestic footprint following the enactment of the Inflation Reduction Act (IRA), which included long-term tax incentives for solar energy.[1] “In passing the Inflation Reduction Act of 2022, Congress and the Biden-Harris Administration has entrusted our industry with the responsibility of enabling America’s clean energy future and we must meet the moment in a manner that is both timely and sustainable,” said Mark Widmar, chief executive officer of First Solar.
The company plans to scale up operations of its annual production capacity from 6 GW to over 10 GW by 2025. First Solar intends to build its fourth fully integrated domestic factory, with an annual capacity of 3.5 GW, in the Southeast. The company expects to invest up to $1 billion and start operations in 2025. In addition, First Solar will invest $185 million in upgrading and expanding its Northwest Ohio manufacturing footprint by nearly 1 GW. It will also invest in expanding the capacity of its two operating facilities in Ohio and expand a third Ohio factory that is expected to be commissioned in the first half of 2023. The expansion will bring the company’s total investment in the state to more than $3 billion, with a cumulative annual production capacity of just over 7 GW by 2025.
[1] https://investor.firstsolar.com/news/press-release-details/2022/First-Solar-to-Invest-up-to-1.2-Billion-in-Scaling-Production-of-American-Made-Responsible-Solar-by-4.4-GW/default.aspx
[USA] Biden administration announces 2-year pause on solar tariffs from four Southeast Asian countries
On June 6, 2022, the Department of Commerce announced a 24-month suspension of tariffs on solar cells and modules from Cambodia, Malaysia, Thailand, and Vietnam to avoid disruptions to the electric power system. The move follows growing concerns from legislators, industry leaders, and administration officials about the negative impacts of the Commerce Department’s investigation into whether imports of solar panels from those countries are circumventing tariffs on goods made in China. According to the American Clean Power Association, nearly 80% of panels used in U.S. projects come from those four countries. The Commerce Department said the preliminary investigation could lead to tariffs of 50% or more on panels from these countries.
On the same day, President Biden authorized the Department of Energy (DOE) to invoke the Defense Production Act (DPA)[1] to help strengthen domestic production of solar panels, electric transformers, heat pumps, insulation, and hydrogen-related equipment.[2] The DPA allows the president to coordinate with industry to encourage the manufacturing of products that are in the interest of national defense. The president has previously invoked the DPA to spur COVID-19 vaccine and electric battery production.
[1] https://www.commerce.gov/news/press-releases/2022/06/department-commerce-statement-president-bidens-proclamation-solar-cells
[2] https://www.energy.gov/articles/president-biden-invokes-defense-production-act-accelerate-domestic-manufacturing-clean
[USA] Florida Governor vetoes bill to revise net metering laws
On April 27, 2022, Florida Governor Ron DeSantis (R) vetoed House Bill (HB) 741/Senate Bill (SB) 1024, which proposed revising existing laws for net metering and was passed by the state legislature in March 2022.[1] Net metering is a tool that gives rooftop solar owners a credit for excess energy that they produce and send back to the grid. HB 741 would have directed the Public Service Commission (PSC) to adopt a new program for rooftop solar owners by 2029 that would change net metering requirements and have solar owners pay the full cost of electric service instead of being "subsidized" by non-net metering customers. The bill would have also allowed utilities to recoup fees by petitioning the PSC to ensure “that the public utility covers the fixed costs of serving customers who engage in net metering.” Governor DeSantis cited the potential cost increases in his rejection. The governor wrote that Florida “should not contribute to the financial crunch that our citizens are experiencing,” referring to nationwide inflation.
[1] https://www.flgov.com/wp-content/uploads/2022/04/4.27.22-Veto-Transmittal-Letter.pdf
[USA] SEIA survey: solar companies greatly impacted by Commerce tariff investigation
According to preliminary survey results released by the Solar Energy Industries Association (SEIA) on April 5, 2022, three-quarters of surveyed solar companies say that panel deliveries have been canceled or delayed since the Department of Commerce announced on March 28, 2022, that it was initiating a circumvention case against imports of solar goods from four Southeast Asian countries.[1] The Commerce investigation was prompted by a February 2022 petition from California-based solar panel assembler Auxin Solar. In the petition, Auxin Solar claims that manufacturers in Cambodia, Malaysia, Thailand, and Vietnam use parts made in China that otherwise would be subject to a tariff. The investigation may take up to a year, and suppliers have indicated that they may stop shipments from those countries until a final ruling is issued as the ruling could result in retroactive import duties.
The SEIA survey compiled responses from more than 200 solar companies, which ranged from manufacturers to utility-scale installers. Half of the respondents said that 80% or more of their 2022 project pipeline is at risk of delay or cancellation. In addition, two-thirds of survey respondents said that at least half of their workforce is at risk of being laid off, while another third said their entire workforce is at risk. SEIA is now calling for the Department of Commerce to issue a negative preliminary decision on the case.
[1] https://www.seia.org/news/survey-solar-deployment-hammered-meritless-trade-case-us-climate-goals-jeopardy
[USA] Report: solar prices increased in 2021 due to supply chain challenges, other issues
According to a new report released on March 10, 2022, by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, U.S. solar prices increased in 2021 due to supply chain challenges, trade actions, and legislative uncertainty.[1] In 2021, the U.S. installed 23.4 GW of solar PV, reaching 121.4 GW of total installed capacity. Solar accounted for 46% of all new electricity-generating capacity added in the US, and 2021 marked the third year in a row that solar accounted for the largest share of new capacity. However, the report found that prices increased 18% year over year in 2021 for fixed-tilt utility-scale solar projects and 14.2% for single axis tracking projects in Q4 2021. Additionally, roughly one-third of all utility-scale solar capacity scheduled for Q4 2021 was delayed by at least a quarter. About 13% of capacity scheduled for completion in 2022 has been delayed by a year or more or canceled.
Over the last six months, Wood Mackenzie has decreased near-term solar forecasts by 11 GW, or 19%, due to ongoing challenges. If Congress passes a long-term extension of the solar investment tax credit (ITC), new manufacturing tax credits, and other clean energy incentives, solar installations will increase by 66% over the next decade compared to baseline projections. Without action from Congress, Wood Mackenzie forecasts that solar capacity would only reach 39% of what’s needed to reach President Biden’s 2035 decarbonization goal.
[1] https://www.seia.org/news/solar-growth-trajectory-remains-uncertain-federal-legislation-stalls
[USA] Florida legislature approves changes to net metering policies
On March 7, 2022, the Florida Senate voted 24-15 to approve House Bill (HB) 741, which would revise existing laws for net metering.[1] Net metering is a tool that gives rooftop solar owners a credit for excess energy that they produce and send back to the grid. The state House of Representatives passed the bill 83-31 earlier in March, so the bill now heads to the governor to be signed into law. HB 741 directs the Public Service Commission (PSC) to adopt a new program for rooftop solar owners by 2029 that would change net metering requirements and have solar owners pay the full cost of electric service instead of being "subsidized" by non-net metering customers. Under the bill, solar panel owners who sell energy back to the grid would be paid a flat retail rate. In addition, utilities will be allowed to recoup fees by petitioning the PSC to ensure “that the public utility covers the fixed costs of serving customers who engage in net metering.” If enacted, new net metering customers connected in 2024 and 2025 will receive credits worth 75% of the current rate. The rate will then decrease to 60% in 2026 and 50% in 2027. Public utility customers who get an application approved before 2029 will be able to lock in their rates for 20 years.
[Japan] JERA and West Holdings reach agreement to develop 1 GW of solar capacity in Japan
JERA, Japan’s largest thermal power producer, and West Holdings, a solar power engineering firm, announced on February 2, 2022, that they had reached an agreement to collaborate on solar power projects in Japan, with a target of 1 GW of generation capacity over the next five years.[1] According to JERA, the agreement includes a capital participation in West Holdings, though details are still being discussed. West Holdings will focus on developing solar projects at JERA’s former power plant locations in addition to new sites in Japan. The companies are expected to reach a final agreement by the end of March 2022.
If all the projects in the agreement are constructed, JERA said that it would be one of Japan’s largest solar power producers. Currently, JERA has 1,780 MW of renewable energy capacity, most of which is outside of Japan. The power producer has 800 MW of solar in India and a few small-scale ventures in Thailand, but no domestic projects. JERA aims to achieve net-zero greenhouse gas emissions by 2050 and increase its renewable power output to 5GW by 2025. West Holdings also aims to become carbon neutral by 2025 and to be involved in 2 GW of renewable energy generating capacity in Japan and overseas.
[USA] WoodMac analysis suggests California's proposed NEM tariffs could cut state residential solar market in half by 2024
According to new analysis from Wood Mackenzie (WoodMac) released on January 25, 2022, the California Public Utilities Commission’s (CPUC) proposed net energy metering (NEM) tariffs could cut the state’s residential solar market in half by 2024.[1] The current NEM was adopted in 2016 and gives customers a credit at the retail rate for energy that they provide to the grid. A recent analysis by the commission suggested that the framework has a negative effect on non-participating customers, is not cost-effective, and harms low-income ratepayers. Subsequently, the CPUC released a proposal in December 2021 that would revise the current NEM framework and replace it with a net billing tariff based on the avoided cost values of behind-the-meter resources.[2]
Although the final changes to the NEM framework are in flux, WoodMac research analyst Bryan White said that the current proposal would more than double the payback period of solar projects, increasing from five to six years under current net metering to 14-15 years, depending on the utility. Woodmac assumes that the proposed decision, if approved, will begin impacting installation in July or August of this year. If that is the case, installers will likely spend the first six months of 2022 selling systems and submitting interconnection applications under the current rates. This could lead to record capacity additions before activity drops in the second half of the year.
[1] https://www.woodmac.com/press-releases/nem-3.0-pd-will-cut-california-solar-market-in-half-by-2024/
[2] https://docs.cpuc.ca.gov/PublishedDocs/Efile/G000/M430/K903/430903088.PDF
[USA] EIA report: solar will make up half of new utility-scale energy capacity in 2022
According to a new report from the Energy Information Administration (EIA), 46.1 GW of new utility-scale electric generating capacity will be added to the power grid in 2022.[1] Nearly half of the planned capacity additions will be solar energy, with 21% coming from natural gas and 17% from wind. Developers and power plant owners report the planned additions to the EIA in its annual and monthly surveys. For solar, the EIA expects utility-scale solar to grow by 21.5 GW in 2022, surpassing the roughly 15.5 GW of solar added in 2021. Most planned solar additions in 2022 will be in Texas with 6.1 GW of new capacity (28% of the national total), followed by California with 4 GW of new capacity. In terms of natural gas, the EIA expects 9.6 GW of new natural gas-fired capacity to come online in 2022. Combined-cycle plants account for 8.1 GW of planned additions (over 84%), while combustion-turbine plants account for 1.4 GW. 88% of the planned natural gas capacity is located in Ohio, Florida, Michigan, and Illinois.
A record-high 17.1 GW of wind capacity came online in 2021, and an additional 7.6 GW of wind capacity is expected to come online in 2022. 51% of the new capacity is located in Texas. The 999 MW Traverse Wind Energy Center in Oklahoma, the largest wind project expected to come online this year, is scheduled to begin operations in April 2022. Utility-scale battery storage capacity is expected to grow by 5.1 GW in 2022 due to several factors, including declining costs, deployment with renewable energy, and added value through regional transmission organization (RTO) markets. In addition, 5% of planned electric capacity additions in 2022 will come from two new reactors at the Vogtle nuclear power plant in Georgia.