Category Archives: Nuclear

Two more nukes cancelled: Darlington in Ontario

Two cancelled, excuse me, “defer construction”, two others may not be refurbished, and six more may get shut down soon. Yay Ontario!

Jim Ostroff wrote for Platts today, Ontario to indefinitely defer new Darlington nuclear reactors: energy plan,

Ontario will indefinitely defer construction of two new nuclear power reactors at Ontario Power Generation’s Darlington site; back away from firm plans to refurbish operating units at Darlington and Bruce Power’s Bruce A site; and may order the shutdown of OPG’s six-unit Pickering plant prior to the units’ scheduled 2020 closing date, the provincial government said in a long-term energy plan issued late Monday.

The province, which owns OPG, said that advances in energy conservation, enhanced efficiency and a slowdown in electricity demand growth have prompted it to revise a 2010 long-term energy plan that called for building two new reactors at Darlington, as well as refurbishment of 10 units combined at that station and at Bruce A.

Hm, conservation and efficiency. Not even shale gas.

We already know Georgia could get on with efficiency and conservation if Southern Company and Georgia Power would get out of the way. Which they will once they admit Plant Vogtle (new and old) has always been a boondoggle.

-jsq

Florida PSC terminates Levy County 1 & 2 nukes, charges Duke customers, settles Crystal River 3

Remember, Georgia, Georgia Power can continue to charge you for Plant Vogtle 3 and 4 even after they’re canceled, just like Duke is doing for Levy County in Florida. Beware: Duke’s idea of a replacement is a natural gas plant powered by a 36″ pipeline on a 100′ right of way gashed through Alabama, Georgia, and Florida.

And while Duke customers will get refunds for permanently-closed Crystal River 3, FL PSC also slid in a new tax: “promotes community growth through economic development tariffs.” A tariff is, according to Investopedia:

A tax imposed on imported goods and services. Tariffs are used to restrict trade, as they increase the price of imported goods and services, making them more expensive to consumers. They are one of several tools available to shape trade policy.

Curious how FL PSC redefines restraints on trade as promoting growth.

FL PSC PR of 17 October 2013, PSC Decides Revised Settlement Agreement for Duke Energy Florida, Inc., Continue reading →

Mississippi PSC required spending docs for Kemper Coal: what about Plant Vogtle?

Maybe Georgia PSC could do about Georgia Power’s nuclear Plant Vogtle what Mississippi PSC did about Mississippi Power’s Kemper Coal: hold their parent Southern Company accountable for cost overruns. And for pipelines!

Sam R. Hall blogged for Daily Ledes 1 November 2013, Sources: U.S. Energy Secretary Ernest Moniz to visit Kemper coal plant,

The PSC voted unanimously to require Mississippi Power to provide additional documents justifying their spending on the Kemper plant. The hearing is set for May 2014, when the plant was originally supposed to go online.

“If the PSC rejects some of the spending as imprudent, it could add to the $1 billion in costs that shareholders have already agreed to absorb,” the Associated Press reported last month.

Meanwhile, GA PSC Continue reading →

LEDs vs. the entire U.S. nuclear fleet (and gas pipeline)

All U.S. nuclear power reactors could be replaced by LED lighting with a few clever on-off controls. More evidence Plant Vogtle is a boondoggle good for nothing but propping up profits for Georgia Power and Southern Company.

Michael Kanellos wrote for Forbes 28 October 2013, Can LED Bulbs Make Nuclear Plants Obsolete?

One $7 billion nuclear plant like one of Georgia Power’s 1.2 GW units would add a little over 1 percent of capacity. The bulb solution would cost $60 billion, and around $36 billion two years from now, and require only that consumers know how to screw in a light bulb. Nuclear would cost $105 billion, probably more, and take decades.

So maybe it’s not just weather that’s pushing down your demand, Southern Company: maybe Continue reading →

Southern Company missed earnings: weather and Kemper Coal and nuclear Plant Vogtle

SO CEO Tom Fanning continued to blame slow sales and earnings on mild weather (air conditioners running less), but the big boondoggle going bad is Kemper Coal, which has slipped six months from May 2014 to Q4 2014, and even the Wall Street Journal calls it “possibly the most expensive fossil-fuel power plant ever built in the U.S”. How bad will SO’s stock tank when SO’s even more expensive nuclear Plant Vogtle slips even more? Dividends can’t prop up SO’s share price forever, not when PSCs are revolting against the rate hikes and guaranteed profit hikes that prop up those dividends. When will Southern Company and Georgia Power get out front and lead in solar and wind power? Before or after the public, state public service commissions, and investors make them do it?

Justin Loiseau wrote for DailyFinance 4 November 2013, Southern Company Earnings: A $5 Billion Blunder? Continue reading →

Intervene about Fukushima –Japanese Senator Taro Yamamato

Movie actor Taro Yamamoto, who broke a taboo when he spoke out about Fukushima, and another when he was elected to the Japanese upper house in July, yesterday broke an even bigger one when he personally presented a request to Emperor Akihito about the health effects of the disaster at nuclear Fukushima Dai-Ichi. Some reaction in Japan was negative, because the Emperor supposedly plays only a symbolic role. However, Yamamoto’s request worked very well as PR, getting massive worldwide publicity.

Here is a petition to the Japanese Diet to support Taro Yamamoto’s action. Let’s not forget that Plant Hatch on the Altamaha River is the same design as Fukushima.

Here’s video from Euronews, yesterday on YouTube, Japanese politician breaks taboo by giving letter to Emperor about Fukishima fears,

Continue reading →

Video of citizens in Athens opposing Georgia Power solar tax

Another city, more citizens opposed to Georgia Power’s solar tax, and to Georgia Power’s rate hikes for fossil fuels and nukes.

Seth Gunning of Georgia Sierra Clug Hyacinth Manacap Empinado wrote for Athens Patch today, “No” To Rate Hike for Georgia Power, Say Residents at Athens Meeting: People urged Public Service Commissioner Tim Echols to vote against the Georgia Power rate hike request.,

Tim Echols GA PSC and Seth Gunning GA Sierra Club Echols says that part of the money will be used to clean up older coal plants and convert some plants to burn cleaner, natural gas.

If approved, Continue reading →

No solar tax –citizens in Gainesville GA

Solar advocate PSC Commissioner Bubba McDonald joined Tim Echols for this one. Citizens said no to Georgia Power’s proposed solar tax, just like in Savannah and Columbus.

Sarah Mueller wrote yesterday for Gainesville Times, Public gives thumbs-down to Georgia Power rate hike,

The Georgia Power Co. rate hike proposal and suggested fees on solar energy installation didn’t get a lot of support from residents who attended a town meeting in Gainesville on Tuesday night.

The Georgia Public Service Commission is reviewing a $482 million three-year rate increase request from the energy company that would add about $7.84 to the average ratepayer’s monthly bill. The Georgia Sierra Club and Georgia Watch has sponsored town meetings around the state this month to let commissioners hear public input on the request. Commissioners Tim Echols and Lauren “Bubba” McDonald participated in the meeting at the Brenau Downtown Center.

Pursuing solar energy as state policy was also a hot topic at the meeting, which was lightly attended. About 10 people spoke, criticizing the proposed hike, the company’s proposed guaranteed profit increase to 11.5 percent and Continue reading →

Fossil fuel divestment fastest

Divestment to Financial Hardship to Change in Conduct Not just faster than apartheid divestment; faster than divestment from tobacco, armaments, and others: fossil fuel divestment. It’s not about direct reduction of market capitalization; it’s about making it socially unacceptable to buy from stigmatized companies, and it works, and it’s working faster than ever for fossil fuels. Oh, and fossil fuel companies are a tiny sliver of university endowments, so ditching them is pain free, especially now that fossil fuel stock prices are not rising while solar stocks skyrocket (and nuclear stocks don’t). Go fossil free, go VSU.

Stranded Assets and the Fossil Fuel Divestment Campaign: What Does Divestment Mean for the Valuation of Fossil Fuel Assets? 8 October 2013 | Authors: Atif Ansar, Ben Caldecott, James Tilbury
Damian Carrington wrote for the Guardian Monday 7 October 2013 Campaign against fossil fuels growing, says study: Investors being persuaded to take their money out of fossil fuel sector, according to University of Oxford study,

A campaign to persuade investors to take their money out of the fossil fuel sector is growing faster than any previous divestment campaign and could cause significant damage to coal, oil and gas companies, according to a study from the University of Oxford.

The report compares the current fossil fuel divestment campaign, which has attracted 41 institutions since 2010, with those against tobacco, apartheid in South Africa, armaments, gambling and pornography. It concludes that the direct financial impact of such campaigns on share prices or the ability to raise funds is small but the reputational damage can still have major financial consequences.

Continue reading →

Dominion buying up solar projects

A Virginia electric utility bought a solar project near Georgia Power’s nuclear plant Vogtle, and has been busily buying up four more, in Indiana and Connecticut. The Georgia electric customer is recent coal-to-solar convert Cobb EMC, not Georgia Power. This is the same Dominion Power that got Virginia to legalize its “standby charge” of a monthly fee for individuals to connect solar to its grid. Is Dominion trying to beat Edison Electric’s warning of the disruptive challenge of rooftop solar by building large solar plants? If so, it’s a start, with quite a few construction jobs. And all of this new solar power is expected to be online this year, a lot faster than nuclear….

Dominion says of its Azalea Solar Power Facility:

Location of Azalea Solar Power Facility Dominion announced on March 1, 2013, that it has acquired a solar energy development project in Georgia from Smart Energy Capital and Jacoby Development. The expected start of commercial operations is Dec. 1, 2013. (> View our news release for complete details.)

Dominion’s Azalea Solar Power Facility is planned to produce approximately 7.7 megawatts (AC) using photovoltaic technology. Dominion will select a contractor and oversee the construction of the project. The 40-acre project is located on Continue reading →