Tag Archives: Nuclear

Southern Company downgraded to sell over Kemper coal and Vogtle nuclear

Time to break out of the utility death spiral by breaking away from cost overruns at Kemper “clean” Coal and the Plant Vogtle nuclear boondoggle and getting on with real renewable solar and wind power.

UBS wrote 5 May 2014, Southern Company: Kemper Tantrums; Reducing to Sell,

Reducing to Sell on continued delays for the Kemper IGCC project

With further delays and increased costs for the Kemper IGCC project resulting in yet another $380M of writedowns (further slippage costing $25M/month) and now the likely loss of $120M-$150M of bonus depreciation as well, we view the current premium P/E multiple as untenable. While the Vogtle nuclear project appears to be on track, the presence of two major risky projects, Continue reading →

U.S. electric demand still going down, while solar goes up like a rocket

If we need less electricity and we already getting almost all new energy from solar power, why not shut down some more coal, oil, and nuclear plants, and not build any destructive, hazardous, and unnecessary natural gas pipelines?

See U.S. Electricity Use is Declining and Energy Efficiency May be a Significant Factor by American Council for an Energy-Efficient Economy, February 25, 2014. See also Changes in Electric Power Annual (EPA) 2012 by the U.S. Energy Information Association (eia), especially Table 1.1. Total electric power industry summary statistics, which says U.S. electric power net generation from all sources went down by 1.3% from 2011 to 2012. The biggest declines were in Petroleum Coke (30.6%), Hydroelectric Pumped Storage (22.9%), Petroleum Liquids (16.7%), Coal (12.7%), and Nuclear (2.6%). The biggest increases in generation were from Wind (17.2%), Natural Gas (20.9%), and Solar (138%). Continue reading →

As predicted U.S. solar capacity grew more than 400% in 4 years

This month’s eia report confirms that solar did exactly what former FERC Chair Jon Wellinghoff predicted: “That’s what is happening in solar. It could double every two years.” Wellinghoff’s further prediction remains on the money: “…at its present growth rate, solar will overtake wind in about ten years. It is going to be the dominant player.” Because of exponential growth like compound interest caused by ever-falling solar PV costs, solar will win like the Internet did.

U.S. Energy Information Administration (eia) wrote 22 April 2014, Solar-electric Generating Capacity Increases Drastically in the Last Four Years,

U.S. solar capacity increased significantly in the last 4 years. In 2010, the total solar capacity was 2,326 MW which accounted for a comparatively small fraction (0.22%) of the total U.S. electric generating. capacity. By February 2014, this capacity increased 418% to 12,057 MW, a 9,731 MW gain, and now accounts for almost 1.13% of total U.S. capacity. Reported planned solar capacity additions indicate continued growth

12,057 / 2,326 = 5.18 times, which is more than 2 * 2 = 4, ergo Wellinghoff was right. Continue reading →

Small town in Michigan votes to oppose nuclear waste dump across the lake in Canada

It’s unlikely a U.S. town has any direct power over a siting decision in Canada, but a small Michigan town made its views known anyway, because it would be affected. Local governments affected by the Sabal Trail methane pipeline could do the same.

Lori Maranville wrote for the Milan News-Leader 22 February 2014, MILAN: Council approves resolution opposing nuclear waste site in Canada,

In October, U.S. Senators Debbie Stabenow and Carl Levin sent a letter to U.S. Secretary of State John Kerry showing their concern for the proposed nuclear waste site.

“The placement of this nuclear waste storage facility is of great concern given its location near Lake Huron and the importance of the Great Lakes to tens of millions of U.S. and Canadian citizens for drinking water, fisheries, tourism, recreation, and other industrial and economic uses,” they wrote in the letter.

In passing a resolution opposing the site, Milan elected officials brought the issue to light for the city’s residents.

Continue reading →

Earthquake busts Augusta water tower: what about Plant Vogtle?

Less than two years after Southern Company CEO Tom Fanning assured us

It is not in a seismic-sensitive area.

Fanning also claimed the technology was safe, before SO failed to get a reactor vessel from Savannah to the site, and before a renewed scandal revealed Korea’s document-forging Doosan supplies that “safe” nuclear technology. How safe will Plant Vogtle be in a bigger earthquake? How safe is it even without an earthquake? Not safe for the ratepayers or the taxpayers of Georgia or the U.S.

Mark Sandritter wrote for SBNation yesterday, Augusta National water tower leaking after Georgia earthquake, per report, Continue reading →

All new U.S. energy was solar in October 2013

While ten nukes were shut down or cancelled in 2013, solar power continues its compound-interest-curve ever-faster deployment. Zero (0) new nukes were built in 2013 and in October all new U.S. utility-scale power was solar. Unfortunately, the biggest of those was Southern Company’s Campo Verde, which powers California, not Georgia or the southeast, but that is changing now.

Todd Woody wrote for The Atlantic 26 November 2013, Solar Energy Was America’s Sole New Power Source in October: Get ready for a photovoltaic building boom.

In October, power plants generating 530 megawatts of electricity came online in the United States. And every single electron put on the grid came from the sun, according to a report released today.

That’s apparently not even counting rooftop solar.

The report is Solar the sole capacity completed in October, at 530 MW, by Althena Enguerra for SNL 25 November 2013. Continue reading →

EU could cut 40% emissions with little cost: and we can, too

If Europe can do it, the U.S. can do it. And we know Georgia can get a third of its power from wind, and even Spain is north of Mississippi, Alabama, Georgia, and Florida, which have a lot more sun for solar power than anywhere in Europe. Solar power is already winning, even in Georgia. Let’s help it win even faster, plus wind.

PR from Potsdam Institute for Climate Impact Research (PIK) 16 January 2014, EU could cut emissions by 40 percent at moderate cost,

The costs of achieving a more ambitious EU climate target are estimated to be moderate. Upscaling greenhouse-gas emissions reduction from the current 20 percent by 2020 to 40 percent by 2030 would be likely to cost less than an additional 0.7 percent of economic activity.

And that apparently doesn’t count the additional economic activity that would be produced by all those wind and solar deployments, not to mention related activities like electric cars. This is actually a pessimistic study, because it doesn’t account for such likely positive corollaries.

Many options to choose from—wind power could expand sevenfold

Continue reading →

Wind for 1/3 of Georgia electricity, plus solar

“Georgia has about 14.5 gigawatts of feasibly developed offshore wind energy potential–enough power to provide one-third of Georgia’s current electrical needs.”

And the wind blows at night when the sun doesn’t shine. Add solar for the peak power day, and there’s no excuse for coal, nuclear, or natural gas.


Georgia’s Offshore Wind Energy Potential Showcased at CoastFest, by Allie Brown for SACE 15 October 2013.

Georgia Power and Southern Company know this. When will they act on it?

PS: Owed to Danielle Jordan

-jsq

Actually, green solar power is winning

An article that dismisses without investigation the fastest growing industry in the world, solar power, after solar has become cheaper than any other energy source, is not a serious article.

Richard Smith wrote for Truthout 9 January 2014, Green Capitalism: The God That Failed. Sure, there are lots of good points in there (such as we need a carbon tax, but it’s not enough), but given that only 90 companies account for 2/3 of GHG emissions saying we can’t change that without crashing the world’s economy is like saying we can’t deal with horse manure in cities in 1900 without crashing the world’s economy, and people did say things like that back then.

Most of the world’s oil and gas is used to produce power, so once we convert to solar and wind, we’ll have plenty of remaining petroleum for other uses such as lubrication.

Saying in 2014 that solar and wind can’t power the world is like saying in 1994 that Continue reading →

Solar benefits outweigh costs in NC

And the same is true in Georgia, despite Georgia Power and Southern Company.

John Downey wrote for Charlotte Business Journal 23 October 2013, Study: Solar benefits outweigh costs in NC

An independent study published by a nationally known energy consultant asserts that adding 500 megawatts of solar generation in North Carolina would save utility ratepayers about $26 million annually.

It notes the gains from solar projects — such as lower transmission and distribution costs, avoided emissions, lower losses of electricity in transmission. The study calculates that such benefits outweigh the costs by 30 percent to 40 percent.

Update 2017-04-25: Energy NC seems to have removed or moved its copy of that report, but fortunately SEIA lists it on a backup website, and I’ve linked it into the quotation above, plus a copy on the LAKE website. SEIA also lists many other studies for other states, such as one for Virginia which is on the MDV-SEIA website, and now also has a copy on the LAKE website. For Georgia SEIA lists the testimony of GSEIA before the Georgia Public Service Commission in 2013. For Florida SEIA lists only a very old (2003) study with a broken link, which can be found as a google book, but now would mostly be worthwhile as a museum piece. Duke’s own actions in Florida in 2016 and 2017 indicate Duke Energy knows the sun is rising even on the Sunshine State.

The study considered two intertwined solar methods: Continue reading →