Recap of South Carolina Energy Policy in 2018 Legislative Session

The 2018 legislative session in South Carolina was a historic opportunity for significant, long-lasting reform in South Carolina energy policy. Here is a recap of what was proposed and what ended up passing in the 2018 session.

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.

Talking Energy Reform with the SC Tea Party

On Monday of this week, I got to speak at the South Carolina Tea Party Coalition Convention in Myrtle Beach about the ongoing V.C. Summer nuclear scandal. It was a great opportunity to find common ground with the Tea Party on important energy issues here in SC, as SACE has done with Tea Party groups in other states. I was asked to talk about what’s really going on with the nuclear scandal, who’s responsible, and what comes next, so I tried to wrap all of that up into about 10 minutes, but here are the main points: 1) In trying to understand how we’ve gotten to this point with huge debt for a canceled power plant that customers may end up having to pay, the details are many but can be boiled down to that monopolies, set up by the government, have been taxing us, killing competition, and taking away our freedom; and 2)Likewise, the solutions to the mess can be terribly complicated, but it comes down to this key question: in South Carolina’s energy system, are we going to continue the failed path of corrupt monopoly control that brought us to this point, or free our state’s electric customers to enjoy customer choice in a fair power market that people can understand?

The conference had a great videographer who has made the video available on Youtube here and I’ve copied it below. If you would like to read a written copy of my remarks, please scroll down below the video.

Nuclear cancellation fallout in South Carolina

The last few days have been a whirlwind in the South Carolina energy realm with the announcement of abandonment of the under-construction nuclear reactors at the V.C. Summer power plant. Here is a brief description of what’s been going on from SACE’s point of view.

Not one more cent! Georgia Power customers irate over Vogtle nuclear mess

Last Thursday the Georgia Public Service Commission (PSC) held the first hearing in the 16th semi-annual Vogtle Construction Monitoring (VCM) review, so that Georgia Power could ask for approval for $222 million in expenditures spent during the July 1 to December 31, 2016 period for their two delayed, over budget Toshiba-Westinghouse AP1000 reactors under construction […]

Hold on to your wallets – open letter to South Carolina power customers

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 […]

Georgia, South Carolina Nuclear Reactors “On Time, Under Budget”

Just kidding! April Fool’s!

I know, I know…we did this last year too, but it’s not our fault that Southern Company and SCANA offered up April Fool’s 2016 as completion dates for the first new nuclear reactors at Plant Vogtle in Georgia and V.C. Summer in South Carolina picked April Fool’s 2017 for the next two new reactors at each site. You heard that right: roughly 4400 megawatts (MW) of new nuclear generation were supposed to be flowing through transmission lines by now.

What does Toshiba’s financial meltdown mean for new nuclear reactor projects in U.S.?

This is first in a series of blogs about Toshiba’s financial meltdown and the implications this is having on new nuclear power plant projects. Today’s blog serves as an overview.

Coverage of the still-unfolding financial meltdown of Japanese tech-mogul Toshiba has been growing since late December when the massive financial losses were first divulged. Toshiba’s much anticipated earnings report call yesterday, which was expected to shed light on the situation, was delayed with permission from Japanese regulators until March 14. Toshiba still reported extremely bad news, much larger losses than earlier predicted and the selling-off of key Toshiba assets.

Do You Hear That? It’s The Fat Lady Singing; Nuclear Revival Ends Almost Before It Starts

Dennis Wamsted’s post, “Do You Hear That? It’s The Fat Lady Singing; Nuclear Revival Ends Almost Before It Starts,” originally ran in his blog, Wamsted on Energy: News and views for thinking professionals, on February 10, 2017. Find the original post here and more about Mr. Wamsted here. Published below with permission. Five years ago almost to […]

Fool’s Gold? Nuclear Power and Climate Change

Below is a guest blog post with permission to re-post from Gregory Jaczko, former U.S. Nuclear Regulatory Commission (NRC) Chairman and Commissioner, originally published in the Huffington Post’s “The Blog” on December 14, 2015, which can be found here. Back in 2012, then-Chairman Jaczko was the only NRC Commissioner who voted against issuing the combined operating […]