Tag Archives: Wind

Profits also link Vogtle nukes and Kemper coal

Southern Company gets substantial profits from utility customers paying in advance for “clean coal” in Kemper County, MS and for new nukes at Plant Vogtle on the Savannah River in Georgia. As long as SO can keep raking in those profits, it has incentive not to get on with distributed solar power.

Kristi E. Swartz wrote for the AJC 27 July 2011, Southern Co.’s profits up on nuke finance fees,

A fee added to Georgia Power bills to help finance a planned nuclear plant expansion also helped parent Southern Co. post an 18 percent profit gain in the second quarter.

The $3.73 monthly fee offsets financing costs for two proposed nuclear reactors at Plant Vogtle.

Atlanta-based Southern cited it as one of the factors lifting net income to $603.3 million, or 71 cents a share, in the April-June quarter compared with $510.2 million, or 62 cents a share a year earlier. Profits were also helped by a hot early summer, the company said.

Back then SO CEO Tom Fanning said,

“The whole issue is to preserve schedule and costs,” Fanning said.
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Kemper Coal: SO’s bitter pill @ SO 2013-05-22

“Corporate responsiblity,” answered Southern Company CEO Thomas A. Fanning to questions about Kemper Coal from Linda St. Martin of Mississippians For Affordable Energy. I don’t think that word means what he thinks it means.

Ray Henry wrote for AP yesterday, Southern Co. CEO defends Miss. power project,

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Dear SO: Time to move beyond coal –Sierra Club

You can to talk to Southern Company even if you can’t come to SO’s annual stockholder meeting 22 May at Callaway Gardens. Sierra Club helps you to ask SO CEO Thomas A. Fanning questions; maybe about SO’s nuclear financial and safety performance, or why SO is already losing on its “clean coal” bet in Mississippi, or when SO might get serious about distributed solar power, or when SO will help Georgia join the Atlantic Offshore Wind Energy Consortium, or…. So many possible questions, and you don’t even have to go to ask them!

Sierra Club message to Southern Company, Tell Southern Company to Move Beyond Coal,

On May 22, Southern Company will host its annual shareholder meeting in Georgia, giving us a great opportunity to push them forward on clean energy.

Southern Company has taken steps to grow clean energy in the Southeast — Alabama Power and Georgia Power both invested in wind energy and Georgia power increased solar energy investments — but they can do a lot more.

Southern Company still provides some of the dirtiest, most unreliable, dangerous, and expensive power in the country. And its subsidiaries continue to place “Big Bets” on dirty coal electricity that poisons the health of our communities’ water, air, and families. Georgia is even home to the biggest emitter of carbon pollution in the nation, Scherer Plant in Juliette.

Send a message to Southern Company’s CEO Tom Fanning to thanking him for clean energy investments, and demand that Southern Company clean up its act and invest in job creating clean energy.

Follow the link to send a message.

-jsq

No San Onofre nuke startup decision until June at least –NRC Chair

Two more victories for anti-nuke activists: San Onofre restart decision pushed back at least until June, and webcasts of California Public Utilities Commission hearings going on right now.

Abby Sewell reported for the L.A. Times yesterday, Decision on San Onofre pushed back to June at the earliest,

The plant’s operator Southern California Edison had hoped at one point to have one of the plant’s two units operating by summer, but NRC Chairwoman Allison Macfarlane made it clear that will not happen.

Macfarlane told reporters Tuesday after a speech, “You know, the process is very complicated now. Almost every day it gets a little more complicated…. Right now I can tell you a decision on restart won’t happen until the end of June, certainly after the middle of June.

“It may get pushed back later,” she said. “I don’t know.”

She didn’t say much about the Atomic Safety and Licensing Board (ASLB) decision to require NRC public hearings before any decision on restarting San Onofre, but she did say this:

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NRC tries to ignore hearing requirement for San Onofre nuke restart

Maybe the ASLB was referring to some other NRC that should hold public hearings? The Atomic Safety and Licensing Board (ASLB) agreed with Friends of the Earth (FOE) when it ruled that restarting either San Onofre unit requires a full public hearing like a trial, but the Nuclear Regulatory Commission (NRC) interprets that as having nothing to do with its own staff decision process. This is after the city of Los Angeles (and numerous other southern California cities and the San Diego Unified School District) said it didn’t want any decision about restarting any San Onofre reactor/ without a full, transparent, public decision process. The L.A. Times says all this is creating “confusion”. Just last week I heard Georgia Power CEO Paul Bowers say confusion was bad for business. Maybe it will be bad not just for Southern California Edison and its San Onofre nukes, but also for Georgia Power and Southern Company’s 19-month-late and billion-over-budget nuclear boondoggle at Plant Vogtle.

Abby Sewell wrote for the L.A. Times yesterday 7:24 PM, San Onofre ruling creates confusion,

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The Super Bowl of disruptive distributed energy: Georgia Power and Southern Company are losing

It’s literally game-changing time with solar power at the electric utilities, while Georgia Power and Southern Company are sticking with big baseload nuclear, “clean coal”, and natural gas. They cannot win if they don’t even try.

Steven Schultz wrote for Physorg 6 May 2013, Growth of ‘distributed’ electricity generation could transform utility systems,

(Phys.org) —The U.S. electric utility industry faces a critical juncture as new technology and declining prices allow a more “distributed” system of small-scale generators, renewable energy installations and energy-efficiency strategies, according to a group of high-level energy industry executives and regulators who met at Princeton University recently.

“We have a monumental challenge,” said Jon Wellinghoff, chairman of the Federal Energy Regulatory Commission, who participated in the all-day meeting Friday, April 26. Citing commentary by an analyst who warned of a potential “train wreck” in the industry, Wellinghoff outlined converging tends in which technological advances are allowing consumers and companies to take matters of reliability, security and efficiency into their own hands, while utility companies are under pressure to maintain and upgrade a national electricity system that is broadly accessible.

“Everybody saw the Super Bowl,” Wellinghoff said, referring to the half-hour blackout that disrupted the 2013 football championship.

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Your jaw will drop with astonishment at how fast solar power will beat every other energy source –a stock trader

A stock trader looked for causes of solar stock price rises and considered the effects of solar PV price drops, and realized solar power is going to beat every other energy source so fast that it “will make your jaw drop with astonishment.”

Michael Sankowski wrote for Business Insider 3 May 2013, Solar Is Going To Change The World Much Faster Than Anyone Expects,

6% year is a fantastic rate of decreases, but 20% is simply astonishing. 20% is an impressive number, but putting it into context will make your jaw drop with astonishment.

My calculations show that if solar maintains 5 more years at current 23% rates per year price drops, solar power will be cheaper than using existing coal plants. That’s right — it will be cheaper to build new solar plants than to use existing coal plants. It sounds absolutely crazy.

First he discovers the effects of no fuel for solar in Continue reading

Gulf 3 years ago; Caspian 5 years ago: BP oil well blowouts

Two years before BP’s Deepwater Horizon oil rig poisoned the Gulf of Mexico (Saturday was the third anniversary), apparently BP had a very similar disaster in the Caspian Sea and covered it up. Is this a company or this the 13 spills in 30 days industry we want piping tar sands crude across America to the Gulf for all of 35 permanent jobs and CO2 emissions like 51 coal plants? There’s a cleaner, cheaper, and more energy-independent way: solar and wind power can power the U.S. and the world.

Greg Palast wrote for EcoWatch 19 April 2013, BP Covered Up Blow-out Two Years Prior to Deadly Deepwater Horizon Spill,

Two years before the Deepwater Horizon blow-out in the Gulf of Mexico, another BP off-shore rig suffered a nearly identical blow-out, but BP concealed the first one from the U.S. regulators and Congress.

This week, EcoWatch.org located an eyewitness with devastating new information about the Caspian Sea oil-rig blow-out which BP had concealed from government and the industry.

The witness, whose story is backed up by rig workers who were evacuated from BP’s Caspian platform, said that had BP revealed the full story as required by industry practice, the eleven Gulf of Mexico workers “could have had a chance” of survival. But BP’s insistence on using methods proven faulty sealed their fate.

One cause of the blow-outs was the same in both cases: the use of a money-saving technique—plugging holes with “quick-dry” cement.

By hiding the disastrous failure of its penny-pinching cement process in 2008, BP was able to continue to use the dangerous methods in the Gulf of Mexico—causing the worst oil spill in U.S. history. April 20 marks the second anniversary of the Gulf oil disaster.

There’s more in the article, such as this:

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BP: the beaches are open for everyone to enjoy!

BP must be getting desperate about people catching onto what they did to the Gulf. A BP video ad has been replaying itself every few minutes beside various news stories since yesterday, claiming two years after the oil disaster (“spill” doesn’t describe it) “the beaches are open for everyone to enjoy!” BP’s website says “We are helping economic and environmental restoration efforts in the Gulf Coast as part of our ongoing commitment to the region following the Deepwater Horizon accident in 2010”. Neither the ad nor the website says BP actually cleaned up the oil. Because they didn’t. It’s still there, as is the even more toxic “dispersant” Corexit BP dumped on top of the oil to make it sink. Both are busily poisoning dolphins, fish, birds, and humans.

Antonia Juhasz wrote for The Nation 7 May 2012, Investigation: Two Years After the BP Spill, A Hidden Health Crisis Festers,

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