FYI: The Strickland Mill in Remerton is being threatened with demolition. Remerton City Council will meet to discuss this situation on Monday, June 4th at 5:30pm during their work session, and on Monday, June 11th at 5:30pm to vote on the matter. The public is invited to both of these meetings to express opinions on the possible demolition of the Mill. As you all are aware, this mill complex dates to 1899 and is one of the few surviving textile mills in our region. This is an important community landmark and was very influential to the development of Valdosta, not to mention integral to Remerton's existence.
What about renewable clean energy such as wind off the coast instead of a water-sucking nuclear plant? Stephanie Coffin for the 99% asked Southern Company (SO) CEO Thomas A. Fanning. She also mentioned Chernobyl, and said more than once that he hadn’t addressed these questions either in the Q&A section or in his earlier performance.
CEO Fanning once again didn’t address those questions, instead enumarating the points he’d told me (scale, financial track record, and operational credibility). He did refer to SO’s Chief Environmental Officer, Chris Hobson.
But he liked the water point:
I think frankly water, more than air, is the issue of the future.
One of the things we should be very proud about Southern Company is that we are a company that is engaged in offering solutions, not just rhetoric. We remain the only company engaged in proprietary research and development. We’re the only company in America today that has a 1600 person engineering and construction service. So we have the credibility to do whatever our words say.
He also talked about carbon capture research (for DoE, in Alabama), about gassifying coal to “strip out 65% of the CO2” to make it comparable to natural gas (which is what SO mostly uses now to generate energy), and about using the CO2 in oil recovery.
According to memory, Sam Booher congratulated Southern Company (SO) CEO Thomas A. Fanning on moving away from coal, and recommended big bold bets in solar power. Camera operator error prevented recording what Booher said. I did get video of CEO Fanning’s response, about shale and natural gas, plus Australia.
…the most reliable forms of energy. Today, with the revolution we have seen in the shale gas industry, that tends to be natural gas. And so what we are doing is we are transitioning away from coal towards natural gas. Combined with new environmental regulations that we will comply with.
“It’s physically impossible to build the controls, the generation, the transmission and the pipelines needed in three years.”
COO Topazi also projected:
“We will experience rolling blackouts or rationing power if we don’t have simply the time to comply.”
Since SO CEO Fanning didn’t say anything about rolling blackouts or rationing power, I guess SO managed to find a way to comply, just as other power companies said they could at the time. Maybe we shouldn’t pay too much attention to predictions of flickering power from SO.
Back to CEO Fanning:
From an energy standpoint, Southern Company is a little bit smaller, but similar to, the energy production profile of the nation of Australia. We are a great, big company from an energy production standpoint.
According to Forbes 18 March 2012, SO is the largest electric utility in the U.S. by retail sales and number 6 in the world. Back in 2006, Forbes ranked Germany’s E.ON number one in the world, and Japan’s TEPCO as number 6. What happened to E.ON and TEPCO?
Continue reading →
At Southern Company’s (SO) shareholder meeting, I enumerated some examples in the U.S., Japan, and Germany of nuclear gone bad, and pointed out Japan, Germany, and even Bulgaria had already or were getting out of nuclear, while Southern Company and Georgia continued to bet the farm on nuclear, and I asked what was SO’s exit strategy for when that bad bet goes bad? SO CEO Thomas A. Fanning said they had learned everything there was to learn from Fukushima, and besides Plant Vogtle is 100 miles inland where there are no earthquakes. He didn’t mention the same description applies to Chernobyl. He did say SO planned to make the U.S. nuclear industry the best in the world.
You kept using big bets and then bet the farm. Very interesting terminology.
Regarding operations credibility, a year ago Vogtle Unit 1 shut down 2 days after the NRC gave Vogtle a clean bill of health. But the SO CEO says it’s all better now.
Here’s the video, followed by links to sources for the points I made:
Exit strategy for when this big nuclear bet goes bad? –John S. Quarterman Shareholder Meeting, Southern Company (SO), Callaway Gardens, Pine Mountain, Georgia, 23 May 2012. Video by John S. Quarterman for Lowndes Area Knowledge Exchange (LAKE).
Here are the main points I was reading from, with links:
Seth Gunning from Atlanta spoke at the Southern Company (SO) meeting 23 May 2012 at Callaway Gardens; he was representing the Georgia Sierra Club with 97 shares. SO CEO Thomas A. Fanning graciously greeted him. Gunning brought up health effects of coal plants. Then he talked about two paths.
The way I see it, Southern Company sits at a crossroads. That one path Southern Company continues to drag its feet on the development of renewable energy economies in the southeast. The other path, Southern Company becomes a leader in creating jobs and economic development in clean energy in the south.
He thanked SO for recently partnering with Santee Cooper in the Palmetto Wind Project in South Carolina. It’s curious how there’s been no news whatever about that.
Then Gunning mentioned another wind project:
The state of Georgia is the only Atlantic state not currently working with the Department of Interior to streamline the permitting processes for offshore wind development.
Remember the Southern Company brags about “Our competitive generation business”. The important word there is “our”, as in the Southern Company and its subsidiary Georgia Power gets to compete, and you don’t. Unless you’re big enough.
Some retail competition has been present in Georgia since 1973 with the passage of the Georgia Territorial Electric Service Act. This Act enables customers with manufacturing or commercial loads of 900 kW or greater a one time choice in their electric supplier. It also provides eligible customers the opportunity to transfer from one electric supplier to another provided all parties agree.
Because of that law, you can’t you put up solar panels on your own land and sell your power to somebody somewhere else. And you can’t get a company like SolarCity or Lower Rates for Customers to put up solar panels on your property and sell you the power ( or can you?). Unless you’re generating at least 900 KW; then maybe you can get selected businesses to switch to your power once. Except you probably still won’t qualify, because
Continue reading →
I think of Georgia Power more as like IBM when minicomputers came out. IBM built bigger mainframes. The Internet started to spread, and IBM pushed its own proprietary SNA network. (Remember SNA? I didn’t think so.) Then PCs came out, and IBM layoffs started….
Everybody except for Georgia is jumping on the wind and solar bandwagon, but Georgia Power is side-lined in a nuclear jam like a horse-buggy manufacturer at the dawning of the Ford assembly line.
The white area on that map is for states that have no standards or goals for renewable energy.
Remember Georgia Power is the biggest part of its parent, The Southern Company, and the nuclear units at Plant Vogtle (operating and planned) are actually owned by another offshoot of The Southern Company. According to Southern Company’s webpage, Megawatts and Markets,
Southern Company regulated regional electric utilities serve a 120,000-square-mile territory in Alabama, Florida, Georgia, and Mississippi. Our competitive generation business extends to markets in six southeastern states.
It’s interesting how similar the Southern Company’s markets are to the states in that white southeast no-renewable-energy-portfolio area!
Nuclear is our only emissionless technology, said Southern Company (SO) CEO Thomas A. Fanning. That would indicate that solar and wind have emissions. I assume he just mis-spoke in his otherwise masterful responses (often not answers) to shareholder questions.
Slides and sound for CEO Fanning’s main presentation are available on SO’s website. He indicated SO is unmatched in a combination of financial aspects, including dividends that have steadily increased year after year, and especially investment stability. He neglected to mention that much of those dividends are made possible by Georgia Power’s guaranteed profit margins. He did find time to oppose big government regulation, which is ironic, since Southern Company is a big beneficiary of Georgia’s numerous regulations benefitting Georgia Power. He also bragged about the Georgia legislature passing the “Energy Rate Increases to Finance Nuclear Power Plant Construction”.
On the eve of Southern Company (NYSE: SO) holding its annual meeting
of stockholders in Pine Mountain, GA., the nonprofit Green America
released a report today ranking the major U.S. power producer as
“the United States’ most irresponsible utility.”
Titled “Leadership We Can Live Without: The Real Corporate Social
Responsibility Report for Southern Company,” the Green America
analysis assigns letter grades to seven major U.S. utilities on four
fronts: reliance on coal; pollution; reliance on and expansion of
nuclear power; and lobbying expenditures. Southern came in dead last
with straight “F” grades in all four of the categories.
The PR and the report have a lot more detail, such as this:
Clean Air Task Force data shows that Southern Company’s coal-fired
power plants cause 1,224 deaths, 1,710 heart attacks, 20,770 asthma
attacks, and 752 cases of chronic bronchitis per year. The total
annual cost of all of this damage is over $9 billion.
Hey, that’s more than the original projected cost of the new nukes!
Georgians, do you like trading your health for SO’s
coal plants
and its nuclear boondoggle?
Many voters in Brooks County are older African-Americans who are senior citizens in their 60's, 70's and 80's that witnessed first-hand the politics of Jim Crow in the last century, but had to deal with GBI agents coming to their doorsteps of their small rural town with guns strapped to their side asking questions. Some were voting for the first time or the first time in years in 2010, but there has been an ongoing effort by Republicans to present more obstacles and/or threats to eligible voters so they would be discouraged not to vote.
I think the Quitman 10+2's real crime was very simple: winning. Even worse, they used an innovative strategy (absentee ballots) for an end-run around their opponents. If that school board election in Brooks County had been a football game, the Q10+2 would be hailed as heroes by the local and state press for winning the game. Why is winning an election by legal means not accorded the same treatment?
demolition. Remerton City Council will meet to discuss this situation on Monday, June 4th at 5:30pm during their work session, and on Monday, June 11th at 5:30pm to vote on the matter. The public is invited to both of these meetings to express opinions on the possible demolition of the Mill. As you all are aware, this mill complex dates to 1899 and is one of the few surviving textile mills in our region. This is an important community landmark and was very influential to the development of Valdosta, not to mention integral to Remerton's existence.
