PHOENIX, Arizona, June 7 (TNStalk) -- The Salt River Project, a public power utility and electricity provider, issued the following agency statement:
* * *
During a Special Open Meeting on Monday, June 6, the Arizona Corporation Commission (ACC) considered SRP's request for rehearing and reconsideration of the Coolidge Expansion Project's Certificate of Environmental Compatibility (CEC).
SRP is disappointed in the decision to deny rehearing or reconsideration. We will continue to evaluate what generation and market options to pursue in the near-term to address the resource challenge this decision creates for serving our customers with reliable, affordable, sustainable energy. SRP will also evaluate whether to seek judicial review. Additional updates will be provided as they become available.
SRP filed the request for rehearing and reconsideration because we believe there are substantial factual and legal errors in the ACC's decision based on the record that was before them. There is also still a significant need for the added flexible turbine units at Coolidge Generating Station.
The request for the expansion at Coolidge doesn't change SRP's commitment or plans to reduce carbon; in fact, it helps by ensuring reliable energy while we work to integrate more solar, battery and other renewable resources into the grid.
The added units would provide reliable power to SRP's rapidly growing customer base during times of peak electricity demand as we work to integrate more renewables like wind and solar. SRP has projects underway that will take us to 2025MW of solar energy by 2025 - enough to power more than 450,000 average-size homes - as well as 500 MW of batteries by 2023, which is one of the largest battery storage commitments in the west. The project would help SRP continue to lead the region's energy transition to more sustainable power generation.