Category Archives: GA PSC

After Fukushima: Fewer nukes most places; More in Georgia

Most countries are not building more nuclear power plants, and some are shutting down some of the ones they have, because Fukushima has confirmed what Chernoby and Three Mile Island already told us: maybe the physics is sound, but the business model leads to unsafe plants. But in the U.S. and Georgia, it’s full speed ahead for new nukes, regardless of the risks of radiation leaks or cost overruns.

Christopher Joyce wrote for NPR today, After Fukushima: A Changing Climate For Nuclear

“We don’t see Fukushima as having a significant impact on the U.S. industry,” says Scott Peterson, vice president of the industry’s Nuclear Energy Institute. “The Nuclear Regulatory Commission was renewing 10 licenses for U.S. plants, extending them 20 years in operation. We were continuing to move forward in examining new reactor designs.”
Nevermind that those extensions mostly go well beyond the design lifespans of the plants extended.
Marc Chupka, who advises electric utilities as an economist with the Brattle Group in Washington, wonders who’s going to pay for them.

“Right now, just the plain economics of nuclear power are underwater,” he says. He notes that over the past decade, construction costs have skyrocketed and natural gas got more plentiful and cheaper.

“Things change significantly over relatively short periods of time,” Chupka says, noting that it takes about a dozen years to plan and build a new nuclear plant. “That makes it an incredibly challenging environment to plan for the long term. And that adds to the risk and it makes investors understandably skittish.”

So we could do what Germany is doing:
Germany says the same: The government will throw its weight and wealth into solar and wind energy to replace nuclear power.
Or we could listen to the same old excuse: Continue reading →

Who to contact about nuclear vs. solar

Somebody asked who to write about the nuclear costs Georgia Power is passing through to customers. Here’s the contact page for the Georgia Public Service Commission.

PSC Commissioner Lauren McDonald has been the most vocal about wanting Georgia Power to do solar. Commissioner Chuck Eaton and Tim Echols have both said in public they want more solar. PSC staff member Tom Newsome tried to get gapower to accept a better nuclear profit deal.

Don Parsons, chair of the energy committee of the Georgia House of Representatives, wants to write an energy plan for Georgia. A real one; not that bogus one from 2006 that nobody followed anyway.

Doug Stoner, Georgia State Senator, has said that Georgia Power wasn’t building nuclear plants with private money; they were using public money, and that even a public utility is a subsidy. So it appears he gets it.

Scott Holcomb, Georgia State Representative, wants a state energy policy, and has said:

Our lack of an energy policy is an absolute Achilles heel of our national policy.
So we should get on with a real energy strategy for Georgia.

Click on the pictures of each of the legislature members for their contact information. Even better, contact your state representative or senator. Or federal, since I think the new Plant Vogtle construction gets federal subsidies, too. Or write your local newspaper, or your local TV station, or the AJC.

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Georgia Power forges ahead with expensive nukes

Would you buy two new nukes from a company that ran over budget by a factor of 13 last time it built nuclear reactors at the same site? When one of those reactors got shut down for days a couple mnths ago? When another reactor even closer to us was discovered leaking radioactivity into our aquifer? A company that got the state to agree it could keep all its profit and socialize any cost overruns by passing them on to you, the customers? Well, Georgia Power CEO Paul Bowers thinks you should trust such a company to build nukes for gapower’s profit you!

Today in the VDT David Rodock wrote, Georgia Power discusses nuclear, solar, energy costs

Georgia Power president and CEO Paul Bowers visited Valdosta late last week to talk nuclear energy, solar and what the company has been doing to cut energy costs for their customers.
Yet another dignitary visits without telling the public first.

Anyway, much of the story is about how cost-effective and safe Continue reading →

Gov. Deal: the ugly on energy

Gov. Nathan Deal said he’s a free-enterprise person and doesn’t want to subsidize renewable energy, but he maybe doesn’t know that the state of Georgia subsidizes Georgia Power’s new nuclear plants through an indirect tax, and that fossil fuels are far more subsidized than renewable energy. That plus the chickens.

Continuing Gov. Deal: the good, the ugly, and the bad on prisons, quoting again from David Rodock’s interview with Gov. Nathan Deal in today’s VDT.

The Ugly

Continue reading →

gapower to buy 50 MW solar by 2015

Previously I wrote PSC lining up to vote for solar and last week they went and did it.

Georgia Power will buy solar by 2015, By Associated Press – Athens Banner-Herald, 24 July 2011:

ATLANTA — The Public Service Commission has approved Georgia Power’s plans to buy up to 50 megawatts of solar power by 2015.

The utility plans to strike agreements with individual solar-power producers to meet the deadline. The providers would have to be able to connect to the transmission system for Georgia Power or its sister utilities in Alabama, Florida and Mississippi.

Continue reading →

Georgia Power wants taxpayers to take profit risk for new nukes

After already hiking rates to pay for Plant Vogtle units 3 and 4, Georgia Power now balks at taking any risk to its profit if costs go above the projected budget.

Kristi E. Swartz wrote in the AJC today, Georgia Power trashes regulatory staff’s financial proposal for Vogtle cost overruns:

Georgia Power officials told state regulators they never would have started to build a new multi-billion-dollar nuclear power plant if they knew the company might be on the hook for certain potential cost overruns.

The company, they said, would be building a natural gas plant instead.

Georgia Power, which is the largest stakeholder in a partnership building two new reactors at Plant Vogtle, is responsible for $6.1 billion of the $14 billion project. The Georgia Public Service Commission’s staff wants to cut into the utility’s allowed profit margin if the project runs more than $300 million over budget. Profits would similarly get a boost if the reactors come in under budget by the same amount.

The PSC deal sounds fair to me, or actually rather generous.

But not to the big-company socialists at Georgia Power:

At a PSC hearing Wednesday, company executives said the proposal could drive up financing costs of the project, potentially damage the ability to raise capital and eventually increase customer bills.

“As a member of the management team of the company, if this mechanism had been part of the original certification, we very likely would have not proceeded [with the project],” said Ann Daiss, Georgia Power’s comptroller.

Privatize the profits; socialize the risks! That’s the ticket!

They could spend less money building distributed solar farms and wind generators and get them built a lot faster with very little risk of cost overruns. Why isn’t Georgia Power interested in that?

“Even under the most adverse outcomes, the units remain highly profitable with very limited risk for investors,” [PSC staff member Tom] Newsome said. “We’ve been talking a lot about investors in this hearing and I think we need to be talking about [customers].”
Profits paid for by customer rate hikes and taxes from you, the taxpayer. You’d have a better deal if Georgia Power built solar and wind plants.

-jsq

PS: Owed to Mandy Hancock.

PSC lining up to vote for solar

Previously PSC Chair Lauren McDonald said he wanted Georgia Power to “come up with options in the next 30 days for expanding the tiny amount of electricity generated from solar power”. Yesterday, PSC Commissioner Chuck Eaton said “Solar is great for diversity, independence, research, and business,” and added that until recently he had discounted solar, but now he had seen it. And it turns out that Friday PSC Commissioner Tim Echols wrote an op-ed saying
It wasn’t until I entered the training room of Mage Solar in Dublin and saw 40 subcontractors in their solar academy that I got it. The growing solar industry is not just about funky collectors on a roof or left-leaning environmentalists who hate fossil fuel. It is about skilled jobs in manufacturing and construction, about economic development in Georgia, about consumers saving money on their power bill so they can spend it somewhere else, and about empowering people to essentially create their own power plant. This could eventually be big.
That’s three out of five commissioners. I’d call that a majority shaping up to do something in the PSC Energy Committee meeting of 16 July 2011. I couldn’t say what, exactly, since there nothing on the energy committee’s agenda about this. But something solar seems to be in the works.

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Georgia officials are getting it about solar

Chuck Eaton, Georgia Public Service Commissioner, moderating a panel of Georgia’s Policy Makers at Southern Solar Summit said
Solar is great for diversity, independence, research, and business.
He said that until recently he had discounted solar, but now he had seen it. Continue reading →

Southern Company committed to communities, renewable energy, energy efficiency

Thomas A. Fanning, chairman, president and CEO of Southern Company, says his company is committed to communities, renewable energy, and energy efficiency. So helping finance municipal refitting and solar projects should be a natural for Southern Company!

According to PR from Southern Company, 25 May 2011, Southern Company Holds Annual Meeting of Shareholders

Fanning also emphasized a continued commitment to the communities the company serves and stressed the need for a national energy policy and a robust research and development initiative.

“Southern Company keeps customers at the center of every decision we make,” said Fanning. “We remain committed to providing reliable, affordable energy for our customers and to do that we need to maintain a diverse fuel mix as well as stay focused on developing the newest technologies.”

Referencing a diverse fuel mix, Fanning highlighted the company’s commitment to nuclear energy, including building the nation’s first new units in 30 years. He also discussed the importance of preserving coal – America’s most abundant energy resource – as well as the role of natural gas, renewable energy and energy efficiency in meeting its customers energy needs.

“Furthermore, we are the only company in the industry that is doing it all. We’ve committed more than $20 billion to these efforts,” Fanning said.

Sure, he listed renewable energy and energy efficiency last. But this is the same Thomas A. Fanning who said in May that he’s “bullish” on solar. The same CEO of the parent company of Georgia Power, which just connected a 300 kiloWatt solar plant in Lowndes County. The same CEO who’s being nagged by the Georgia PSC chairman “to come up with options in the next 30 days for expanding the tiny amount of electricity generated from solar power.” And a company that spends more than $20 billion on new energy projects can afford a few tens of millions for community refitting and solar.

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Georgia Power needs to expand solar —Lauren McDonald, Chairman, GA PSC

An unlikely ally in getting Georgia Power to do solar. Maybe too unlikely.

Kristi E. Swartz wrote in the AJC 8 June 2011, Regulator: Georgia Power needs more solar sources

Georgia utility regulator Lauren McDonald wants Georgia Power to come up with options in the next 30 days for expanding the tiny amount of electricity generated from solar power..

“I think we need to take an aggressive move and explore what we can do,” McDonald, a veteran member of the Public Service Commission, told The Atlanta Journal-Constitution. “I don’t think the company and even our staff has been challenged to the degree that they should be.”

Georgia Power responded saying they would “comply”. Which doesn’t mean much since there’s nothing but one person’s opinion to comply with.

I tend to agree with Neill Herring on this one:

Neill Herring, a lobbyist for the Sierra Club, called the action “back scratching.”

“They both get to look responsible,” said Herring, adding that there’s a growing and vocal solar lobby in Georgia. “They have to deal with those people. That’s what this is about.”

So I guess we need to be more vocal to get them to scratch harder.

The article notes:

Georgia Power has resisted building solar and other alternative energy projects for years, citing cost and a cloudy Southeast as the two main issues.
Which of course are both bogus excuses, since solar already costs less than nuclear to deploy, and Georgia Power’s own web pages admit that:
…insolation values in Georgia are significant enough to support solar energy systems in our state, with the southern two-thirds of Georgia having equivalent solar insolation values to most of the state of Florida.
Also more sun than Houston, which is busily deploying solar, and the same amount as Austin, which is a national leader in solar.

Maybe some cities also could suggest Georgia Power do something.

-jsq

PS: Claudia Collier pointed out this AJC article.