Georgia’s Nuclear Financial Crisis Worsens – Additional Billions in Cost Overruns at Plant Vogtle

Southern Company’s second quarter earnings news yesterday about Plant Vogtle’s nuclear expansion having yet another multi-billion dollar cost increase is not surprising given the continued problems occurring at the nuclear construction site that is just approaching halfway complete despite being more than 9 years into construction. But it is infuriating.

A mystery: Peaking power plants using more natural gas than ever in the Southeast

In 2016, there was an unusual spike in the operation of natural gas combustion turbine plants at several Southeastern utilities. At just 14 plants, fuel expenses increased by $210 million compared to recent years.

Turkey Point Reactors: Negligence, Litigation, and a “Pause”

There are a lot moving parts when it comes to both the existing and proposed nuclear reactors at FPL’s Turkey Point plant in south Florida. It can be hard to keep track of recent events – so here’s some helpful background and an update.  Existing reactors: Negligence and Litigation The existing Turkey Point reactors, Units […]

Safety Third: TVA’s Proposed Clinch River Small Modular Reactors (SMRs)

Please note: comments to the NRC are due July 13, 2018 – you can take action here. Honestly, my knowledge surrounding nuclear power was somewhat limited. In my Master’s program, I gained knowledge about policy issues surrounding nuclear waste storage at Yucca Mountain, a proposed federal repository; I watched, horrified, at news reports about the […]

South Carolina PSC votes to temporarily roll back SCEG rates by 15%. Utility whines about extreme political pressure.

Today the SC Public Service Commission unanimously and without debate voted to comply with the directive of the SC Legislature. The PSC approved a 15% electric rate decrease for SCE&G customers retroactive to April 1st of this year. Before you get too excited, this past Friday SCE&G filed suit in a federal District Court to block the rate rollback saying that the legislation passed is unconstitutional. In court is exactly where we expected to be all along and why I’ve been advocating that we could and should have gotten to this point sooner.

Pres. Trump Defies Free Market Principles and Moves to Force Consumers to Pay for Uneconomic Power

Yesterday, Bloomberg reported that the Trump Administration is preparing to issue a bailout for uneconomic coal and nuclear plants by forcing grid operators to buy their power. As renewable energy and natural gas has become very inexpensive, many coal and nuclear plants can no longer compete on price without intervention such as what is proposed by the Administration, and are therefore likely be retired soon. The Administration claims that the retirement of these plants is a national security emergency, although there seems to be little factual basis for this claim. The move to mandate the purchase of electricity from old, uneconomic sources and guarantee them revenue has been heralded as an unprecedented intervention into energy markets.

Attend Meeting on Operating FPL’s Polluting Turkey Point Facility for 80 Years

  Are you concerned about decades more pollution from FPL’s Turkey Point nuclear plant threatening Biscayne Bay and your drinking water? FPL wants to operate Turkey Point for another 20 years beyond the current license expiration of 2033. FPL is the first utility in the country to submit a Subsequent License Renewal Application (SLRA) with the […]

Can you win this Bluff the Reader game?

Here are two recent websites. Can you guess which one is real news and which one is the hoax? No Googling and put your answers in as a comment below!                         Thanks for playing!

Attend Hearing on TVA’s Proposed Small Modular Reactors

TVA is pursuing an undeveloped, expensive, risky technology known as Small Modular Reactors (SMRs) at their previously abandoned Clinch River Site, near Kingston, TN. See fly-in video here showing the location. In 2016, TVA submitted an early site permit application with the U.S. Nuclear Regulatory Commission (NRC) for possibly 800-megawatts of new nuclear power generation. The NRC has now issued the draft environmental impact statement (EIS).

Electric Vehicles: Driving Reduced Demand for Offshore Oil, Part 3 of 3 – “Findings and Conclusions”

To replace the total gasoline supply associated with the newly opened areas offshore, the United States needs to replace about 32 million internal combustion engine vehicles with EV’s, with a range of 20-45 million EV’s, by 2030.