Tag Archives: Thomas A. Fanning

Bloomberg links MS Kemper Coal cost overruns to GA Plant Vogtle nukes

Betty Liu of Bloomberg quizzes Thomas A. Fanning of Southern Company Bloomberg has video of Southern Company CEO Thomas A. Fanning trying to explain away how cost overruns at SO’s nuclear Plant Vogtle in Georgia are linked to cost overruns SO’s coal Plant Kemper in Mississippi.

Betty Liu: This project along with the Vogtle project… has some investors wondering maybe Southern Company has stretched itself too thin, with these two major projects you’ve got under way….

Fanning: In fact, the Vogtle project is going beautifully. We have delayed the in-service date by a year, but….

That’s funny, GA PSC and the AJC say Continue reading →

How can we get Georgia to move ahead in solar power?

If we can’t expect Georgia Power or Southern Company to change their tune about solar power, what can we do? Legislate and raise public pressure, while getting on with installing what solar power we can.

Maybe it’s time to pass something like HB 267 that would limit Georgia Power’s profits on that 19-month-late and $1 billion over budget nuclear boondoggle at Plant Vogtle. Instead of pouring more money down that broken concrete pit on the Savannah River, we need something like GA SB 51, The Georgia Cogeneration and Distributed Generation Act, to fix Georgia’s special solar financing problem, the antique 1973 Territorial Electric Service Act. That’s the 40-year-old antiquated law that SO CEO Thomas A. Fanning says “we need to protect”. Maybe SO does, for Fanning’s huge raises in compensation. Georgia Power and SO are not only defending that antique law, they’re preventing a Georgia Renewable Portfolio Standard (REPS) by stopping passage of bills like HB 503. Georgia Power, SO, and super-lobby ALEC systematically oppose renewable energy standards. They do this so successfully there are no REPS in Southern Company (SO)’s service territory, nor in most of SO’s surrounding “Competitive Generation Opportunities” states. One of the few exceptions is North Carolina, and a bill was introduced there to eliminate NC’s REPS.

Maybe it’s even time to do something about Georgia Power’s 11% guaranteed profit. Isn’t Georgia Power supposed to be a utility operating for the good of Georgians? Why does it get a guaranteed profit to pass on to Southern Company shareholder dividends and SO executive bonuses?

Georgia Power and even Southern Company could suddenly flip for solar power like Austin Energy did in 2003 and Cobb EMC did in 2012. But that probably won’t happen without a lot of public pressure, legal requirements by the Georgia legislature or PSC, or a shareholder revolt. So let’s start with the public pressure….

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Dragging Georgia behind in solar power: Georgia Power and Southern Company

As long as we leave it to Georgia Power and Southern Company, Georgia will remain far behind in solar power jobs, profits, and energy independence. Hear Southern Company CEO Thomas A. Fanning say:

We remain very bullish on solar. When we think about renewables, I think renewables are exceedingly important to this nation’s future. My sense is until we see significant technology innovation, my sense is that that will probably very late in this decade or beyond that, we still are gonna get by far the lion’s share of electricity from central stations.

SO’s “bullish on solar” means nuclear, “clean coal”, and natural gas big baseload power stations, and forget about solar or wind. That’s why Georgia Power has raised customer rates to pay for gas and nuclear plants while complaining about solar. Here’s Georgia Power CEO Paul Bowers:

“Renewable (energy sources are) going to have a sliver,” Bowers said of fuels to create electricity. “Is it going to be 2 or 4 percent? That’s yet to be determined. Economics will drive that. But you always remember (that renewable energy is) an intermittent resource. It’s not one you can depend on 100 percent of the time.”

What is to be done?

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$1.88 billion and more on Kemper Coal to be charged to Mississippi Power customers

Risks at Southern Company’s Kemper Coal plant in Mississippi? Push those costs onto the public, of course! Southern Company and its subsidiary Mississippi Power got the MS Public Service Commissioners to approve super-CWIP (Construction Work in Progress) for Kemper Coal: automatic rate increases for MS Power customers for years. Just like Southern Company and its biggest subsidiary Georgia Power got the Georgia legislature to approve Super-CWIP for the new nukes at Plant Vogtle back in 2009. And both CWIP projects are already over budget. How about we cancel those boondoggles and build solar and wind instead?

AP reported 13 December 2012, After spending $1.88 billion, Southern Co. still faces risks on plant in Kemper County,

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Solar cars and charging stations: who wouldn’t?

Tired of Southern Company CEO Fanning’s maybe “next decade” for solar power? Tired of Georgia Power’s Bowers trying to push solar off for fifty years? Let’s hear from somebody who takes on big tasks and gets them done: Elon Musk, who’s already built a rocket that is resupplying the International Space Station, and who is also building all-electric cars.

Carl Hoffman wrote for Smithsonian magazine December 2012, Elon Musk, the Rocket Man With a Sweet Ride

When he’s not launching rockets, Musk is disrupting the notoriously obdurate automobile industry (see National Treasure, p. 42). While industry giants like Chevrolet and Nissan and Toyota were dithering with electric-gasoline hybrids, this upstart kid said he would design and manufacture an all-electric car that would travel hundreds of miles on a single charge. The Tesla Roadster hit the streets in 2008 with a range of 200 miles, and the far more functional Model S, starting at $57,000, was introduced in June. It’s the world’s first all-electric car that does everything my old gasoline version does, only better. The high-end model travels 300 miles on a single charge, leaps from zero to 60 in 5.5 seconds, slows from 60 to a dead stop in 105 feet, can seat up to five, has room for mulch bags and golf clubs, handles like a race car and its battery comes with an eight-year, 100,000-mile warranty. If you charged it via solar panels, it would run off the sun. One hundred a week are being produced in a former Toyota factory in Fremont, California, and nearly 13,000 people have put deposits on them….

And since that story: Continue reading →

Fake fracking reports: professor and institute head quit, other institute disbanded

From Austin to Buffalo, fake science for fracking is increasingly being exposed, Frack U with academic consequences: lead professor resigns, institute head quits, another institute disbanded. The image on the right (Frack U) is not a reputation any university wants to see. At least academia takes conflicts of interest seriously; now if government and the voters would do the same…. Or energy companies. Remember, shale gas (plus nuclear) is what Georgia Power and Southern Company are shifting to from coal, while shading us from the finances that would enable solar power for jobs and energy independence in south Georgia.

Terrence Henry wrote for NPR 6 December 2012, Review of UT Fracking Study Finds Failure to Disclose Conflict of Interest (Updated)

The original report by UT Austin’s Energy Institute, ‘Fact-Based Regulation for Environmental Protection in the Shale Gas Development,’ was released early this year, and claimed that there was no link between fracking and water contamination. But this summer, the Public Accountability Initiative, a watchdog group, reported that the head of the study, UT professor Chip Groat, had been sitting on the board of a drilling company the entire time. His compensation totaled over $1.5 million over the last five years. That prompted the University to announce an independent review of the study a month later, which was released today.

The review finds many problems with the original study, chief among them that Groat did not disclose what it calls a “clear conflict of interest,” which “severely diminished” the study. The study was originally commissioned as a way to correct what it called “controversies” over fracking because of media reports, but ironically ended up as a lightning rod itself for failing to disclose conflicts of interest and for lacking scientific rigor.

Unrepentant as recently as July, Professor Groat resigned in November. Plus this:

Raymond Orbach of UT’s Energy Institute has resigned after the group became engulfed in controversy over a study of fracking.

And elsewhere even more drastic results have ensued:

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Financing solar energy: Georgia’s special problem

In most states, financing solar energy is largely a matter of learning all the local ropes. In Georgia, there’s a bigger problem.

Michael Mendelsohn wrote for RMI 5 December 2012, How Do We Lower Solar Installation Costs and Open the Market to Securitized Portfolios: Standardize and Harmonize,

Soft costs can be pretty tough. The cost of solar installations can be generally separated into “hard” costs — representing primary components such as modules, racking, inverters — and soft costs including legal, permitting, and financing. While the former group — particularly modules — have dropped dramatically over the last several years, the latter have not. According to a recent NREL analysis, these costs represent roughly 30% of both residential and utility installations (slightly less for commercial-host systems). See Figure 1.

In fact, soft costs are so critical to the overall success of solar adoption, their reduction is a primary focus of the Department of Energy’s SunShot Initiative to make solar energy cost-competitive. In order to reduce the cost of financing, NREL recently completed and continues to work on various efforts to tap public capital markets and enable other vehicles that securitize project portfolios.

We’ll come back to tapping public capital markets and the like, because that’s the key to what Georgia Solar Utilities (GaSU) is trying to do. But there’s a special problem in Georgia, buried in the next paragraph:

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GaSU wins at GA PSC, but will GaSU help all of us win in the legislature?

GA PSC Stan Wise’s 2009 nuclear CWIP lobbying points eerily matched Southern Company’s, but suddenly he’s got separation-of-powers religion about Georgia Solar Utilities (GaSU). The PSC recommended GaSU’s utility bid anyway. When the legislature takes that up in a month or so, will GaSU CEO Robert Green, unlike SO or Georgia Power or Stan Wise, help the rest of us little people fix the 1973 Territoriality law so we can sell our solar electricity on a free market?

Dave Williams wrote for the Atlanta Business Chronicle yesterday, Georgia Public Service Commission moves ahead on solar energy,

Georgia Power logo The Georgia Public Service Commission approved a plan by Georgia Power Co. Tuesday to acquire an additional 210 megawatts of solar generating capacity, more than tripling its investment in solar energy.

GA PSC PR about 20 November 2012 decisions But a sharply divided PSC also gave a potential competitor to Georgia Power its blessing to appeal to the General Assembly to amend a 39-year-old law that gives the Atlanta-based utility the exclusive right to continue serving existing customers.

Under Georgia Power’s Advanced Solar Initiative, the company will buy solar power produced by both large “utility-scale” solar farms and from smaller projects operated by residential and commercial property owners.

Right, that’s actually only 10 Megawatts from “smaller projects”, maintaining Georgia Power’s monopoly while throwing throwing a bone to the rest of us.

While the PSC supported Georgia Power’s plan unanimously, a subsequent motion by McDonald encouraging other solar utilities interested in serving Georgia to pursue their plans with the legislature passed by the narrow margin of 3-2.

Georgia Solar Utilities Inc., a company launched in Macon, Ga., earlier this year, filed an application with the PSC in September for authority to generate solar energy in Georgia on a utility scale.

The two Nay votes were from the two recently-reelected PSC members, apparently now thoroughly in the pocket of the incumbent utilities. Here’s one of them now:

Continue reading →

Wind for Georgia jobs and electricity?

Georgia is already benefiting by jobs from wind manufacturing. What if we increased that, and generated wind energy, too?

Kristi E. Swartz wrote for the AJC 2 June 2012, Ga. blown away by wind’s potential,

The state already is home to more than a dozen companies that make components that either go into wind turbines or that assist in building them. Such development has been a way for Georgia and the Southeast to capitalize on the wind energy industry even though the state lacks a steady wind needed for the giant turbines to spin constantly and create electricity.

“It’s … to have some visibility in the industry and to let those industry players know that this is an industry that’s important to Georgia, that it is on our radar screen, and it’s one of our targeted industries,” said Tom Croteau, director of the Economic Development Department’s food, energy, logistics and agribusiness projects division.

That’s good, let’s do more of it. Except that part about “lacks a steady wind”: we know Georgia does have wind offshore.

Here’s why we’re not generating wind electricity in Georgia. Hint: the answer is Continue reading →

Who will let the sun shine on Georgia?

Someone asked who to vote for who will represent the people more than the electric utilities, on Elect Georgia legislators and Public Service Commissioners who will let the sun shine on Georgia! OK, here’s my opinion.

Sec. State provides you with a sample ballot.

For PSC, vote for somebody who isn’t an incumbent (the incumbents are marked on the ballot). The election today is a primary, so you need to select a Democratic ballot (Steve Oppenheimer District 3 is not an incumbent) or a Republican ballot (Pam Davidson District 5 and Matt Reid District 3 are not incumbents).

For the legislature, here is a list of who voted for the nuke stealth tax as a charge on Georgia Power bills for electricity nobody will get for years if ever. On your ballot, see if somebody else is running against them. Around here, somebody is: Bikram Mohanty for State Senate District 8, Teresa Lawrence for State House District 174, and JC Cunningham for State House District 175, all Democrats, since the incumbents switched parties after being elected last time.

So, if you want solar and wind energy for jobs, energy independence, and profit in the state of Georgia, instead of Georgia Power’s bet-the-farm nuclear risk at Plant Vogtle and Southern Company’s natural gas fracking, that’s who I would vote for.

If, like me, you didn’t already vote early, today is the final day to vote in this primary, and you and I’ll be going down to the precinct polling place to cast a ballot. Today’s the day!

-jsq