Florida’s Public Service Commission (PSC) today approved the need for the Gainesville Renewable Energy Center (GREC). The project as proposed is intended to decrease reliance on coal generation, hedge against potential future carbon costs, and address the local government’s effort to enter the emerging renewable energy market.
“I am pleased to support today’s Commission decision to diversify Florida’s fuel mix and assist a local community’s desire for renewable energy,” said PSC Commissioner Lisa Polak Edgar. “As Florida continues to explore ways to expand its renewable portfolio, it’s important that we assist utilities in planning for a cleaner energy future.”
The Commission’s final order is expected by June 21 and will include risk management guidelines to help mitigate potential future rate impacts to customers. GREC is a project of Gainesville Regional Utilities and Gainesville Renewable Energy Center, LLC.
For additional information, contact 850/413-6044.