Tag Archives: Plant Vogtle

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 →

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 →

Warren Buffett moves from nuclear to wind

How to get Georgia Power and Southern Company off of nuclear and onto offshore wind and onshore solar power: stop approving Construction Work in Progress (CWIP) rate hikes for nukes that are already a billion dollars over budget and more than a year late. So far Mississippi is doing better about this than Georgia, by capping ratepayer and taxpayer costs for Kemper Coal. Iowa did, and look what happened.

SimplyInfo wrote 23 December 2013, What Power Companies Do When Nuclear Is No Longer An Easy Option, Continue reading →

Last day to oppose NRC bad nuclear waste plan

Today you can object to the Nuclear Regulatory Commission’s (NRC) inadequate plan for radioactive waste storage.

Comment through regulations.gov on Docket #NRC-2012-0246-0456; here’s a link to the comment form.

NRC’s web page on Waste Confidence:

The public comment period on the Waste Confidence Draft Generic Environmental Impact Statement and proposed rule ends on Friday, December 20, 2013.

Background from Beyond Nuclear:

No safe, permanent solution has yet been found anywhere in the world—and may never be found—for the nuclear waste problem. In the U.S., the only identified and flawed high-level radioactive waste deep repository site at Yucca Mountain, Nevada has been canceled. Beyond Nuclear advocates for an end to the production of nuclear waste and for securing the existing reactor waste in hardened on-site storage.

Facebook event with more information.

Here’s a petition:

The NRC, by court order, has been required to gather public input regarding a Generic Environmental Impact Statement (GEIS) regarding the storage of nuclear waste that is grossly inadequate and leaves over 150 million Americans who live within 50 miles of a nuclear power plant at risk.

The NRC has declared that it would only be a SMALL risk to the environment and communities near nuclear power plants to store nuclear waste on-site for 60 years, 160 years or even INDEFINITELY if no permanent repository is established….

And NRC’s oversight committee is the Subcommittee on Energy and Power of the Energy and Commerce Committee, which just held a hearing 12 December 2013 on Oversight of NRC Management and the Need for Legislative Reform.

-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 →

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 →

Many safety violations at Georgia nukes, and NRC is shut down

Georgia’s two nuclear sites got more than a safety violation a month over a dozen years, and now the Nuclear Regulatory Commission (NRC) is shut down. Maybe we need power sources that don’t need so much safety inspection, like solar and wind and efficiency and conservation.

AP wrote yesterday, 166 violations issued at Ga. nuclear power plants,

A congressional study expected to be released later this month shows that two nuclear power plants in Georgia were issued 166 safety violations between 2000 and 2012.

The unreleased Government Accountability Office report obtained by the Associated Press shows that Plant Hatch in Baxley was issued 90 safety violations during the time period. According to the report, three of the violations were higher-level offenses.

According to the report, Plant Vogtle in Waynesboro was also issued 75 safety violations between 2000 and 2012.

Allison Macfarlane wrote on the NRC blog 9 October 2013, From the Chairman: An Update on the NRC Shutdown, Continue reading →

Fourth extension on Vogtle nuclear loan guarantee deadline

Southern Company doesn’t want to pay $17 to $52 million to get an $8.33 billion federal loan guarantee. That’s 0.2% to 0.62%. Why should we guarantee SO’s bad bet for pennies down? Let’s just call it off!

Ray Henry wrote for AP yesterday, Talks continue over Ga. nuclear plant loans,

Three years after the U.S. government promised $8.3 billion in lending for a nuclear plant in Georgia, Southern Co. and its partners have not sealed a deal.

President Barack Obama’s administration recently agreed to a fourth extension of the deadline for finalizing lending agreements between Southern Co. subsidiary Georgia Power and the other owners of the nuclear plant now under construction. Congress authorized the funding in 2005 to revive a nuclear industry that at the time expected growth.

Few utilities secured even a preliminary agreement, mostly because power companies dropped plans to build nuclear plants. The Great Recession trimmed the demand for energy, and plummeting natural gas prices made it cheaper to build gas-fired plants. The slumping economy also pushed interest rates to historic lows, reducing borrowing costs and undercutting the need for subsidized lending.

All that and ten nukes have been closed or cancelled in the past year. Even France’s EDF has exited nukes in the U.S. and has already built more U.S. solar and wind power than SO’s new Plant Vogtle nukes would produce.

Southern Company now claims this federal loan guarantee isn’t necessary: Continue reading →

European utilities scared of renewable energy

Another reason Southern Company needs to get on with a smart grid, using its biggest private R&D outfit in the U.S. Now that solar has reached grid parity with everything including natural gas (and years since it passed nuclear), if the utilities don’t get out in front, they’re going to be left behind.

Derek Mead wrote for Motherboard yesterday, European Utilities Say They Can’t Make Money Because There’s Too Much Renewable Energy,

Renewable energy has been on a tear the past few years, with growth in many countries spurred by subsidies for wind and solar power. Now the heads of 10 European utility companies say EU subsidies should end, because they've got more renewable energy than they know what to do with.

The 10 CEOs in question, who refer to themselves as the Magritte group because they first met in an art gallery, represent companies that control about half the power capacity of Europe. The group gave a press conference today— Reuters says that 10 such executives giving a joint public statement is “unprecedented”—to hammer home a message they’ve been trumpeting ahead of an EU energy summit in 2014: There’s too much energy capacity, which has driven prices down so far that they can’t make any money.

As long as there are nukes or coal plants, there’s too much capacity. European utilities need to get on with things like Continue reading →