Have you ever seen the commercial that ends with the saying “What’s in YOUR wallet?” Well if you are an electric power customer in South Carolina, the answer is a nuclear power train wreck! Please let me take a minute and share with you a little southern straight talk about what has been happening while [...]
Have you ever seen the commercial that ends with the saying “What’s in YOUR wallet?” Well if you are an electric power customer in Georgia, the answer is a nuclear power train wreck!
Please let me take a minute and share with you a little southern straight talk about what has been happening while you have been trying to make an honest living.
Sen. Alexander says that wind power is expensive. However, his information is outdated. With its considerable wind energy resources, Oklahoma had the lowest electricity prices in the country last year. Tennessee ranked #28. Analysis by Leidos Electrical shows that Plains and Eastern Clean Line project could more than likely reduce electric rates in the Tennessee Valley, and beyond. In November 2016, Lazard Associates published their annual Levelized Cost of Energy analysis showing that the lowest cost wind power resources reach $14/MWh (1.4 cents per kilowatt hour, kWh). A new report from Moody’s Investor Services reports wind power prices for $15/MWh (1.5 cents per kWh). In 2015, Georgia Power received wind power proposals with pricing of $15.77/MWh (1.577 cents per kWh). As an already-operating wind project, the Balko Wind project in western Oklahoma sold wind power to the Public Service Company of Oklahoma for $15.80/MWh (1.58 cents per kWh). HVDC transmission charges may add an additional 2 cents per kWh. Additionally, TVA can earn revenue by using their existing transmission system to “wheel” low-cost wind power to power-hungry neighbors.
Below are the public comments given by Southern Alliance for Clean Energy’s Executive Director, Dr. Stephen A. Smith. These comments were delivered to the Tennessee Valley Authorities Board of Directors during a public meeting held August 25, 2016.
The Plains and Eastern Clean Line will connect up to 4,000 megawatts of high quality wind energy resources from Oklahoma’s western panhandle to two electrical converter stations, one near northern Arkansas and another near Memphis, Tennessee. High voltage direct current (HVDC) transmission technology is not new; however, the Plains and Eastern Clean Line’s use of HVDC technology is unique in that it is designated for wind energy resources. HVDC technology can move more power over longer distances with less electrical loss than alternating current (AC) transmission routes; by doing so, HVDC transmission preserves land resources and maximizes clean energy availability.
Earlier today, I testified before the Tennessee Legislature’s Government Operations Joint Committee on the importance of the Clean Power Plan and its significance for Tennessee. As you can see by the line up, I was the sole representative of the clean energy advocacy community on this panel: Paul Bailey – American Coalition for Clean Coal Electricity [...]
In reflecting on the Tennessee Valley Authority’s (TVA) 2015 Integrated Resource Plan (IRP) in a recent blog, our research director pointed out that “TVA’s 20-year plan looks at the ground we stand on, sketches some ideas for tomorrow, but does not really scan future horizons.” So, what should TVA’s Board do to take this plan from sketches to concrete action?
One important service we try to provide to our members, supporters, and the news media that follow clean energy issues in our region is information on who is trying to move our country forward on energy policy and who is being paid to hold us back. Many monopoly utilities and fossil fuel companies have large [...]
If you’re like me, you are nostalgic for the days when the Tennessee Valley Authority (TVA) brought innovation, increased economic development and low-cost energy to the Tennessee Valley. TVA’s recently released draft 2015 Integrated Resource Plan (IRP) outlines five alternate energy scenarios under which TVA could implement various resource planning strategies to meet both short- and [...]
Updated at 4:40pm ET, on February 16 to reflect correct solar capacity planned for military bases in Georgia Power’s service territory. Gulf Power, a subsidiary of Southern Company and one of the smallest investor-owned electric utilities in Florida, just took not one, not two, but THREE steps forward on clean energy in as many weeks. First, [...]