Tag Archives: GA PSC

Southern Company backed off on cost overrun request

Fitch reaffirmed SO’s and Georgia Power’s (and Mississippi Power’s) ratings today after Southern Company backed off a week ago from risking losing the larger cost overrun request to GA PSC. Beware: SO will be back, when maybe fewer people are looking. Or maybe that tiger team will issue its summer report and the titanic Southern Company ship will finally change course towards distributed solar and wind power.

Jonathan Shapiro wrote for AP 31 July 2013, AP: Georgia Power To Waive Request for Extra Vogtle Costs

[Southern Company] CEO Thomas Fanning told analysts Wednesday that the Atlanta-based company reached a preliminary deal with Georgia officials.

Under the plan, the company would only seek right now to collect the $209 million that it spent building the two new reactors at Plant Vogtle from July to December.

The company would waive Continue reading →

The Korean nuclear mafia: power companies, vendors, and testers

Document-forging Doosan was just the tip of the Korean nuclear corruption iceberg.

It’s different stateside, right? San Onofre 2 and 3 Oh, wait: U.S. NRC is refusing to supply Congress with safety documents related to the closing of San Onofre. But Plant Vogtle is much safer, right? Southern Company CEO Tom Fanning told us so. Of course, he also told us Kemper Coal would come in on budget, and now SO is writing off $611 million after taxes. But that bad concrete pour, the misplaced reactor vessel, the leaking tritium; those are all flukes, right? Meanwhile, solar panels don’t leak tritium, and if you misplace one, you only lose money, not risk lives.

By Choe Sang-Hun in NY Times yesterday, Scandal in South Korea Over Nuclear Revelations,

Korean nuclear reactor Weeks of revelations about the close ties between South Korea’s nuclear power companies, their suppliers and testing companies have led the prime minister to liken the industry to a mafia.

The scandal started after an anonymous tip in April prompted an official investigation. Prosecutors have indicted some officials at a testing company on charges of faking safety tests on parts for the plants. Some officials at the state-financed company that designs nuclear power plants were also indicted on charges of taking bribes from testing company officials in return for accepting those substandard parts.

Worse yet, Continue reading →

Nuclear an economic boon despite high costs –Tim Echols

Some of the “stuff” that happened before and after GA PSC Tim Echols cheered nuclear Friday.

GA Public Service Commissioner Tim Echols wrote in the Athens Banner-Herald Friday Echols: Nuclear power can be economic boon to Southeast,

Just when we thought nuclear power might be on a comeback, well, stuff happened. Only time will tell if Georgia and South Carolina can “jump-start” a nuclear renaissance. Let’s hope we can, because low-cost base-load energy — the amount of electricity available 24 hours a day — is a key to economic growth.

Stuff like this happened:

Southern Company missed earnings on Kemper Coal but Plant Vogtle is dominant

The dominant financial consideration is “what’s going to happen with Georgia”, meaning with nuclear Plant Vogtle, said SO CEO Tom Fanning, referring to the GA PSC CWIP monitoring hearings currently in progress. Meanwhile, that $160 million estimate 2 July 2013 of more Kemper Coal cost overruns by 30 July turned into $278 million after taxes (AP). This is on top of $333 million after taxes in May. SO earnings fell 52% (WSJ), missing projections, and SO stock dropped 2% yesterday.

Remember GA PSC Tim Echols already suggested a Plant Vogtle cost overrun cap similar to the one Mississippi PSC applied to Kemper Coal that caused SO to have to eat all those costs. If that happens, SO’s got financial problems.

Has SO seen the solar light yet, as in reliable, dependable, and deployable on time and on budget? Nope. Solar was tacked onto the end of Tom Fanning’s summary of interesting stuff in the 31 July 2013 earnings call: Continue reading →

German wind overpowering?

The biggest wind problem in Germany is it produces too much power? Fortunately there are two well-known simple solutions to this problem raised by GA Public Service Commissioner Tim Echols in a comment yesterday. I do want to thank him for engaging in dialog with the public.

Tim Echols wrote:

eeX DE wind 2013-07-20 We need nuclear, coal and gas as our baseload power. Germany is doing the opposite and they are in trouble. Their people pay triple what we pay for power, and when the wind is blowing at night or on the weekend, the Germans have to pay Poland to take their excess power. All of that primarily because the German people hate nuclear power. In Georgia, we are leading the nation, and I am fine with that. I just want to make sure our ratepayers are protected and not paying for the learning curve of new nuclear.

As FERC Chairman Jon Wellinghof has been pointing out for years, baseload is the problem. The baseload ideology stands in the way of the distributed solar power the vast majority of the American people want, and in the way of wind power.

Regarding German power costs to customers, Germany is far north of here, with far less sun, and Germany has depended heavily on Feed-In Tariffs, which may or may not be what we need in Georgia. Meanwhile, what’s been hiking power rates in Georgia is not solar or wind power, it’s nuclear and natural gas. And not for Feed-In Tariffs, either, which are only charged on actual energy production. The Georgia legislature approved Construction Work in Progress (CWIP) for nuclear, and GA PSC has raised rates to pay for natural gas plant construction, which amounts to the same thing. If we want to save ratepayers money, we should get on with solar and wind power.

Now to the problem with two well-known solutions: Continue reading →

GA PSC member ties Plant Vogtle nuke cost overruns to Kemper Coal in Mississippi

If Georgia Power stonewalls on cost overruns, will it lose at least one Commissioner this time? Long-time nuclear supporter Tim Echols suggested at the hearings this morning that cost overruns at nuclear Plant Vogtle should be capped like Southern Company was forced to do for Kemper Coal by the Mississippi PSC. Standard & Poor’s already downgraded SO because of Kemper Coal and two analysts have downgraded SO for sticking to coal and nukes instead of doing more solar and wind. If SO’s majority part Georgia Power loses the GA PSC, it could be curtains for Plant Vogtle’s new nukes.

Ray Henry wrote for AP this morning, Southern Co. challenged on nuclear plant costs,

Southern Co. subsidiary Georgia Power has asked to raise the budget for its share of massive project by $737 million to roughly $6.85 billion.

Public Service Commission Tim Echols asked whether the firm has considered offering a deal like one it reached in Mississippi over a separate plant that also proved expensive to build. The company has absorbed $540 million in losses in Mississippi and could face more.

Remember, Tim Echols has for two years now been Continue reading →

GA PSC hearings on Plant Vogtle CWIP monitoring

Will GA PSC yet again approve passing cost overruns for the new nukes at Plant Vogtle on to Georgia Power customers? Hearings started today about that. You can listen, and you can testify, today or in August or September, or in writing.

GA PSC PR 15 July 2013,


Contact: Bil Edge
Phone 404-656-2316
www.psc.state.ga.us 		Georgia Public Service Commission

244 Washington St S.W.
Atlanta, Georgia 30334
Phone: 404-656-4501
Toll free:1- 800-282-5813
Fax: 404-656-2341
For Immediate Release
 MEDIA ADVISORY 7-13

PSC to Begin Hearings on Georgia Power Company Eighth Semi-Annual Nuclear Construction Project Monitoring

Atlanta, July 15, 2013 – The Georgia Public Service Commission (Commission) will begin its first set of hearings on July 18, 2013 at 10 a.m. on the Georgia Power Company Eighth Semi-Annual Nuclear Construction Projection Monitoring, Docket 29849. The hearing will take place in Room 110 at the Commission offices at 244 Washington Street, S.W. Atlanta, Georgia 30334.The hearing will continue, if necessary, at 10 a.m. on Friday July 19, 2013. Additional hearings are scheduled for August 13-14, 2013 and September 12, 2013.

The Commission will begin by receiving the testimony of any public witnesses pursuant to O.C.G.A. § 46-2-59(g). Immediately following public witnesses, the Commission will hear applications to intervene and any objections thereto, and any motions concerning the utilities pre-filed testimony and other appropriate motions. Following these preliminary matters, the Commission will conduct hearings on the direct case of Georgia Power.

The schedule in this docket is as follows: Continue reading →

Solar power to Peru’s poorest

While we’ve been fighting over solar for 1% of Georgia Power’s production (we won, yay!), Peru is busily providing solar power for almost all of its poorest citizens.

Don Lieber wrote for PlanetSave 15 July 2013, Peru To Power 2 Million Of Its Poorest — By Solar Energy

The first phase of the program, called “The National Photovoltaic Household Electrification Program” was initiated on Monday (July 8) in the Contumaza province, where 1,601 solar panels were installed. These installations will power 126 impoverished communities in the districts of Cupisnique, San Benito, Tantarica, Chilete, Yonan, San Luis, and Contai.

As MEM says, PR 066-11 14 February 2011,
The availability of solar power makes its use attractive throughout the whole country.

MEM remarked about a 20 MW solar plant in Moquegua, PR 197-11 11 May 2011,

Project will produce clean energy and generate local employment Continue reading →

More solar by Georgia Power –GA PSC

It’s a win for jobs and clean air and plenty of water in Georgia! Doubled requirements on solar power, and a dozen coal plants shut down.

2, 4, 6, 8, solar power can’t wait!

The astroturf resistance fizzled, while the pro-solar grassroots coalition won. (Pictures of the two demonstrations by Ted Terry.)

525 megawatts more solar power required, on top of last year’s 210 megawatts, for more than 735 MW total. That’s still trailing New Jersey’s already-installed 1,000 MW, but it’s a big step forward.

The vote was either 4 to 1 ( Ray Henry of AP) or 3 to 2 (Georgia Sierra Club tweeting from the Commission chamber). As Ray Henry tweeted:

“All opposed, say aye.” Wait, what? #gapsc

I’m guessing at least one nay vote was Stan Wise, judging by these @gasierraclub tweets: Continue reading →

Solar may win today at the Georgia PSC

There’s still time to call in and make your voice heard, (800) 282-5813. The swing vote is the Commissioner for south Georgia, H. Doug Everett. Solar power may win over Georgia Power today.

Greg Bluestein and Kristi E. Swartz wrote for the AJC yesterday, Solar supporters see rare loss on horizon for Georgia Power,

If Georgia Power says it needs something, it usually gets it. Over the years, state regulators have cleared the way for the utility to land new power plants, more transmission lines and rate increases, often without much heated debate.

Walter C. Jones wrote for jacksonville.com yesterday, PSC likely to require Georgia Power to double its reliance on solar power Thursday Continue reading →