MEAG Power, Participant & Public Power News
Three Participants Named 2023 Visionary Cities by the GMA
Camilla, LaGrange and Norcross were among the nine cities recognized in January by the Georgia Municipal Association (GMA) and Georgia Trend in the fourth annual Visionary Cities Awards.
Local Utilities, Customers Will Benefit from Vogtle
Lawrenceville Mayor David Still's opinion article published in the Atlanta Journal Constitution in late January clearly made the case for the benefits that will be derived from Vogtle Units 3 & 4 entering service.
Understanding the Turbulent Natural Gas Market
After a year of price fluctuations driven by disruptions -- war in Ukraine, increased reliance on gas as coal plants come offline, weather events and more -- Moody's predicts some relief in 2023. Volatility and risk remain.
MEAG Power Cements ‘Essential Connections’ With Participants
In conjunction with the October West Point Board meeting, MEAG Power launched an outreach opportunity for employees to contribute directly to our 49 Participant communities.
Participant News & Information
Phoebe Putney Memorial Hospital broke ground in January 2023 on a Trauma & Critical Care Tower and Living & Learning Community building with a $250 million investment.
Hyundai Motor Group (HMG) and SK On will build a new EV battery facility that will supply HMG’s plants in the U.S., creating more than 3,500 new jobs through approximately $4-5 billion of investment in Bartow County.
Norway-based Freyr, a developer of clean, next-generation battery cell production capacity, has announced it will invest nearly $2.6 billion in its planned Giga America battery plant in Newnan, creating over 700 jobs.
Forward-looking local government has made Camilla a centerpiece of the Southeast, efficiently serving the Georgia, Alabama and Florida markets. Home to some of the most sophisticated agricultural and poultry production systems and advanced food processing technologies, the city knows how to offer businesses the right incentives and the right cooperation.
In March, Unit 3 reached initial criticality -- a sustaining nuclear reaction in the core -- and on April 1 generated electricity for the first time, successfully synchronizing and connecting to the electric grid. Both milestones are part of ongoing startup testing, and operators will continue to raise reactor power for electricity generation while performing tests at various power levels.
MEAG Power Delivered Energy
- 55% Nuclear
- 5% Hydro
- 20% Gas
- 11% Coal
- 9% Net Purchases
*12-month rolling average, as of April 2023
James E. Fuller – President & Chief Executive Officer
John D. Marsh – Corporate Communications Manager & Editor
Current is published by MEAG Power
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www.meagpower.org | (800) 333-MEAG
We will use this space to provide solar initiative updates as they occur. Provisions in the Inflation Reduction Act (see the IRA article in the Summer 2022 issue) require careful consideration before moving forward with the initiative.