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 […]

Electric Utility Profits in the Forbes Global 2000 from 2006 through 2012

Which are the most and least consistently profitable electric utilities in the world? Hint: the biggest losers all lost on nukes. But the biggest winners may surprise you. Following up on Southern Company CEO Thomas A. Fanning’s brag that “We are a great, big company from an energy production standpoint,” I looked in the Forbes […]

Videos of Shareholder Questions to Southern Company @ SO 2012-05-23

Slides and sound for Southern Company (SO) CEO Thomas A. Fanning’s main presentation at the 23 May 2012 SO shareholder meeting are available from SO on their website. SO doesn’t seem to have posted videos yet, although they had professional video equipment in use, and I was told just after the event that their videos […]

Clean green jobs for community and profit

Tell me who doesn’t want clean jobs for energy independence and profit? “Environmental sustainability… can lead to more and better jobs, poverty reduction and social inclusion,” The above quote is Juan Somavia in an article Stephen Leahy wrote for Common Dreams 1 June 2012, For an Ailing Planet, the Cure Already Exists, Germany’s renewable energy […]

Big bet on solar power? –Sam Booher; Shale and Australia! SO CEO Thomas A. Fanning @ SO 2012-05-23

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. […]

Exit strategy for when this big nuclear bet goes bad? –John S. Quarterman @ SO 2012-05-23

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 […]

Southern Company wants even more special nuke loan terms

Southern Company wants even more special loan guarantee terms for its new Plant Vogtle nukes. When that or CWIP gets revoked, maybe Southern Company will see that solar is a lot less trouble, and more profitable. The license authorized by the NRC 9 February 2012 for the new Plant Vogtle nukes is the first one […]

A cheery possibility from Japan

Takao Yamada wrote for Mainichi Japan 2 April 2012, In light of further nuclear risks, economic growth should not be priority, A report released in February by the Independent Investigation Commission on the Fukushima Daiichi Nuclear Accident stated that the storage pool of the plant’s No. 4 reactor has clearly been shown to be “the […]

Separate CWIP payments to Georgia Power —WACE call for action

We don’t have to wait for the Georgia legislature to ban Construction Work in Progress (CWIP) for Georgia Power’s new nukes at Plant Vogtle. WACE has put out a clever call for action about CWIP, Go Solar, Not Nuclear! Here’s an excerpt: Use two checks each time you pay your bill. One check covers the […]

Why CWIP is a bad idea

Iowa is rejecting CWIP, and Georgia can, too. Here’s why. Herman K. Trabish wrote for Green Tech Media 22 February 2012, The Nuclear Industry’s Answer to Its Marketplace Woes: Construction Work in Progress (CWIP) financing shifts the risks of nuclear energy to utility ratepayers, A sign of the nuclear industry’s difficult situation in the aftermath […]