Entergy Mississippi to add 1 GW of renewables under EDGE strategy

Image by Recurrent Energy (recurrentenergy.com)

November 12 (Renewables Now) - Entergy Mississippi on Thursday announced plans to replace a portion of its natural gas-fired power capacity with 1 GW of renewables by 2027.

The company, a unit of US power producer and retailer Entergy Corporation (NYSE:ETR), will add 500 MW by 2025, and 500 MW more in the following two years. It plans to begin issuing requests for proposals for renewable projects early next year and submit finalised plans to the Mississippi Public Service Commission for review and approval.

The renewables plan is part of the Economic Development with Green Energy (EDGE) strategy, developed by Entergy Mississippi with two main goal -- making Mississippi more attractive for job creators, and ensuring an effective hedge against volatile natural gas prices.

“Having significant renewable power is as important to large companies as a state’s tax and incentive structure, site availability and labor force,” Haley Fisackerly, Entergy Mississippi president and chief executive, commented.

Currently, natural gas is a main power generation source for the company, while renewables account for 1%. This share will be lifted to 17% in three years and to nearly one-third of the portfolio in five years.

Entergy Mississippi already has some projects in progress. In the spring of 2021, solar project developer Recurrent Energy LLC launched construction of a 100-MW solar project for the company. The Sunflower solar farm will become operational at the beginning of 2022.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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