Category Archives: Nuclear

Solar already beats gas

Here’s an answer to the question of How long until solar beats gas?

Gayle Reaves wrote for fwweekly 11 July 2012, Serious about Solar,

Even on not-so-sunny days, solar still produces. David Power, deputy director of Public Citizen’s Texas office, said that back in February, when cold weather and power plant outages produced blackouts, CPS‘ solar farm was on line and producing. “It was a pretty nasty day, cloudy, and there was a couple of inches of ice on the solar farm,” he said. “But they were still getting 30 to 35 percent of normal production out of it, even on the worst day you could imagine.”

Costs for solar panels have dropped dramatically in the last few years, although by some measures solar energy is still more expensive than that from gas-burning plants.

Power said that the comparisons that show solar to be more expensive are measuring the cost of building a solar plant compared to generating power from a fossil-fuel plant that may have been built and paid for decades ago. In marginal cost comparisons, he said, solar power comes out as costing either the same or less than building a new natural gas plant. “For that you have to get air quality permits and pay for fuel costs,” he said. “For the other, the sun shines, you get electricity, and you just have to wash it off once in a while if it doesn’t rain.”

So the answer is it’s already happened: solar beats gas now. So Southern Company’s fracking plan B makes no more sense than its nuclear Plan A.

-jsq

Duke and Progress to buy Santee-Cooper’s Summer nuke?

I erred in saying Duke owns nuclear Summer Station in North Carolina: it’s actually owned by SCANA and Santee Cooper. But I wasn’t as wrong as I thought. It looks like somebody’s been pressuring Duke and Progress, the two utilities currently maybe merging, to buy Summer.

John D. Runkle, attorney for NC WARN, hand-delivered a letter to Robert Gruber Executive Director Public Staff of the NC Utilities Commission on 18 June 2012, Re: INVESTIGATION — Duke-Progress Merger

In preparing comments on the Duke-Progress merger on behalf of the NC Waste Awareness and Reduction Network (NC WARN), we came across several reports that South Carolina officials, including the South Carolina Public Service Commission, were pressuring the utilities to purchase the State-owned Santee Cooper’s shares of the V.C. Summer Nuclear Generating Station.

Santee Cooper owns one-third of the present reactor and 45% of the proposed units 2 and 3. Based on the recent cost estimate of $9.8 billion, buying Santee Cooper’s share would add about $4.5 billion to the cost of the merger. But those are low-ball estimates; other nuclear units in the Southeast are projected to cost roughly twice as much. Realistically, purchasing Santee Cooper’s share would likely add much more to the cost of the merger.

We were unable to find any filings in either the South Carolina or North Carolina dockets regarding the V.C. Summer Station. If a purchase of nuclear units in South Carolina has been made a condition to the merger, it should be part of the public record, and not as some backroom negotiation.

I’d like to see that.

Even more I’d like to see this:

Continue reading →

Live streaming of Public Service Commission Forum tonight

All candidates for the Georgia Public Service Commission at a forum tonight, 7-9PM 12 July 2012. GA PSC is the body that says Georgia Power can charge its customers for cost overruns for the new nukes at Plant Vogtle; the new nukes that will suck up even more water and are already sucking up lots of money through the stealth tax Construction Work in Progress (CWIP) charge on Georgia Power customer bills. GA PSC did require Georgia Power to buy 50 MW of solar, but that’s pennies compared to the dollars Georgia Power and Southern Company are shovelling into that pit by the Savannah River. Who will stand up and say enough nuclear is too much, and let’s get on with solar and wind?

Georgia Interfaith Power and Light blogged today, PSC Debate Tonight,

Tonight, GIPL is joining forces with 14 local organizations to host a Political Forum with this year’s candidates for the Public Service Commission.

We’re having technical difficulties with the live web stream. We hope it will be up and running tonight, but if not, the debate will be posted online this week. You can check this website tonight at 7pm for live web streaming, or watch our twitter feed @GeorgiaIPL for updates.

When: Thursday, July 12, 7 – 9 p.m.
Where: Glenn Memorial UMC’s Auditorium/Sanctuary
1660 N. Decatur Road
Atlanta, GA 30307

All four challengers in the 2012 race have confirmed their attendance. Participants

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AP nuclear slant through omission

What's missing in AP's reporting and analysis of nuclear cost overruns?

AP published this Tuesday, News Guide: Nuclear industry facing cost pressures, perhaps as a companion to its story of the same day, Building costs increase at US nuclear sites. Like that story, the news guide is full of accurate and useful information about nuclear cost overruns, and even this good bit of analysis:

Q: Why do building costs matter to customers?

A: Because customers ultimately pay for the construction costs as part of their monthly power bills. The more a plant costs, the more customers will pay.

Yep, Georgia Power customers are already paying through that stealth tax, the construction work in progress (CWIP) charge for new nuke electricity they won't get for years if ever.

Yet something is missing. Can you spot it?

Hint:

Q: How does that compare with building coal- or gas-powered plants?

Good question, and AP correctly answers that nuclear plants are far pricier than coal or gas plants.

But are those three the only sources of energy? Where is the comparison to solar and wind power?

Well, maybe AP won't do it, but here it is already, Georgia Power deploys 1 MW solar; could have done 330 MW by now. Short version: for less than the amount of federal loan guarantees for Plant Vogtle, Southern Company could have built Georgia more solar energy production per capita than Germany, the world leader, has.

Why are we letting Georgia Power and the Southern Company pour our money down that pit near the Savannah River when they could be spending it to deploy solar and wind for more jobs, energy independence, and more profit for Georgia Power and SO? Oh, and clean air and plenty of clean water, too.

-jsq

Southern Co. nuclear cost overruns expected? Let’s build solar and wind on time and on budget!

So if Southern Company expected cost overruns at Plant Vogtle, why didn’t they make a better estimate in the first place? What incentive do they have not to continue running up the cost and delaying completion, since they get to keep charging Georgia Power customers for construction, including for cost overruns, while floating $8.3 billion in federally guaranteed loans? Where is the financial integrity in all that?

AP reported yesterday, and even Fox News carried it, Building costs increase at US nuclear sites. They’re not talking about housing prices near the sites, either.

America’s first new nuclear plants in more than a decade are costing billions more to build and sometimes taking longer to deliver than planned, problems that could chill the industry’s hopes for a jumpstart to the nation’s new nuclear age.

Licensing delay charges, soaring construction expenses and installation glitches as mundane as misshapen metal bars have driven up the costs of three plants in Georgia, Tennessee and South Carolina, from hundreds of millions to as much as $2 billion, according to an Associated Press analysis of public records and regulatory filings.

Those problems, along with jangled nerves from last year’s meltdown in Japan and the lure of cheap natural gas, could discourage utilities from sinking cash into new reactors, experts said. The building slowdown would be another blow to the so-called nuclear renaissance, a drive over the past decade to build 30 new reactors to meet the country’s growing power needs. Industry watchers now say that only a handful will be built this decade.

“People are looking at these things very carefully,” said Richard Lester, head of the department of nuclear science and engineering at the Massachusetts Institute of Technology. Inexpensive gas alone, he said, “is casting a pretty long shadow over the prospects” for construction of new nuclear plants.

AP continues with a list of late and over-budget nuke projects, including Southern Company’s Plant Vogtle $800 million over and seven months late, TVA’s Watts Bar plant $2 billion over and 3 years late, Duke’s Plant Summer SCANA and Santee Cooper’s Summer Station $670 million over and a year late.

Southern Co. and others in the nuclear business say cost overruns are expected in projects this complex…

So why are they wasting our money on nukes when they could be deploying a lot more solar and wind on time and on budget?

…and that they are balanced out by other savings over the life of the plant. Southern Co. expects Plant Vogtle will cost $2 billion less to operate over its 60-year lifetime than initially projected because of anticipated tax breaks and historically low interest rates.

Get that? “anticipated tax breaks” that leave we the taxpayers Continue reading →

Georgia Power deploys 1 MW solar; could have done 330 MW by now

Let’s compare Georgia Power’s 1 megawatt Upson solar plant with what Georgia Power and Southern Company could be doing if they weren’t wasting so much money on nukes at Plant Vogtle.

S. Heather Duncan reported for the Macon Telegraph, First big Ga. Power solar project comes online in Upson. Yay! Georgia Power and its parent the Southern Company (SO) will have a hard time now saying solar power doesn’t work in Georgia. But let’s compare the megawatts and put that in perspective.

Solar Megawatts

That’s right: we could have had 3,000 times as much solar production by now. All SO would have to do Continue reading →

One Japanese nuclear reactor back online

Not surprising, but quite possibly not a good idea. Mari Yamaguchi wrote for AP yesterday, Japan powered by nuclear energy again, blamed anew,

Nuclear power returned to Japan’s energy mix for the first time in two months Thursday, hours before a parliamentary panel blamed the government’s cozy relations with the industry for the meltdowns that prompted the mass shutdown of the nation’s reactors.

Though the report echoes other investigations into last year’s disaster at the Fukushima Dai-ichi plant, it could fuel complaints that Japan is trying to restart nuclear reactors without doing enough to avoid a repeat. Thursday’s resumption of operations at a reactor in Ohi, in western Japan, already had been hotly contested.

Government officials and the utility that runs the Ohi plant announced last month that the No. 3 reactor had passed stringent safety checks and needed to be brought back online to ward off blackouts during the high-demand summer months. Another Ohi reactor, No. 4, is set to restart later this month and the government hopes to restart more of Japan’s 50 working reactors as soon as possible.

“We have finally taken this first step,” said Hideki Toyomatsu, vice president of Kansai Electric Power Co., which operates the Ohi plant. “But it is just a first step.”

Maybe they’re like Southern Company (SO) CEO Thomas A. Fanning,who said he’d Continue reading →

Privatizing water: could it happen here?

Water, the next oil: many big companies have already been betting on that for years now. Do we want privatize companies controling our water supplies for their profit, running up prices at our expense? We can prevent that, and we should get on with it.

Jeneen Interlandi wrote for Newsweek 8 October 2010, The New Oil: Should private companies control our most precious natural resource?

…privately owned water utilities will charge what the market can bear, and spend as little as they can get away with on maintenance and environmental protection. Other commodities are subject to the same laws, of course. But with energy, or food, customers have options: they can switch from oil to natural gas, or eat more chicken and less beef. There is no substitute for water, not even Coca-Cola. And, of course, those other things don’t just fall from the sky on whoever happens to be lucky enough to be living below. “Markets don’t care about the environment,” says Olson. “And they don’t care about human rights. They care about profit.”

Well, that couldn’t happen here. Or could it? What about this:

Many of us have no idea where our water comes from….

Do you know what’s upstream of you, that might be getting into your water? Do you know what’s downstream of you, that your runoff migh be getting into? If you’re like me, you’ll have to look that up.

Remember what Ben Copeland said: Orlando, Jacksonville, and Tallahassee “all have their straws in that same aquifer.” The Floridan aquifer, which is the source of most of our drinking water. Our rivers and streams help replenish the Floridan aquifer, but we’re using it up faster than rain falls.

The article goes on about Bolivia privatizing water as a condition of “austerity”, until Continue reading →

Profits per Market Cap in the Forbes 2000: solar and wind still win

We saw that two out of three of the most profitable electric utilities in the world emphasize solar and wind energy: ENEL of Italy and Iberdrola of Spain, both of which operate in multiple countries, including Iberdrola claiming second most wind power in the U.S. Well, maybe those companies are small, so their profits are a fluke. Nope. We get similar results for profits divided by market cap:

ENEL of Italy is still number 1, with no nuclear and a lot of solar and wind energy. Iberdrola is #4 in profits/market instead of #3 in profits alone. However, Electricité de France (EDF) is #7 instead of #2, and Exelon is #9 instead of #4. Number 2 is Energias de Portugal (EDP), which is heavily into wind power including owning Horizon Wind Energy LLC:

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Southern Company deploying solar in Nevada and New Mexico (but not Georgia)

Southern Company (SO) is deploying solar power in two southwestern states. Meanwhile, in Georgia, the 1973 Territoriality Act continues to impede others deploying solar while SO and Georgia Power waste our money on a nuclear boondoggle.

PR from Southern Company and Turner Renewable Energy, 29 June 2012, Southern Company and Ted Turner Acquire Second Solar Photovoltaic Power Project

Southern Company (NYSE: SO) Chairman, President and CEO Thomas A. Fanning and Turner Renewable Energy founder Ted Turner today announced that the companies have acquired and will bring on line a 20 megawatt solar photovoltaic power plant in Nevada.

The Nevada plant is the Apex Solar Project, and earlier they did the Cimarron Solar Facility in New Mexico.

“Southern Company is proud to play a leadership role in renewable generation as we deliver clean, safe, reliable and affordable energy to our customers,” said Fanning. “Our all-arrows-in-the-quiver approach calls for 21st century coal, nuclear, natural gas, renewables and energy efficiency in a diverse fuel mix necessary to meeting growing consumer demand and furthering America’s energy independence.”

Maybe it’s just an oversight that SO CEO Fanning listed coal first Continue reading →