No Bonuses for Mismanagement, Mistakes at Nuclear Expansion Projects

This blog was written by High Risk Energy Intern, Kailie Melchior. I’ve been tracking the troubled nuclear power expansion projects in South Carolina and Georgia and have some observations. With SCE&G and Santee Cooper in South Carolina, I thought utilities learned that taking big bonuses while pushing off costs from a deeply troubled new nuclear […]

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.