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 [...]
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.
Dennis Wamsted’s post, “Looking at The Brackets: New Nuclear Plants Are Odds-On Favorite To Lose In First Round,” originally ran in his blog, Wamsted on Energy: News and views for thinking professionals, on March 15, 2017. Find the original post here and more about Mr. Wamsted here. Published below with permission. I just finished filling [...]
A bill before the South Carolina House Ways and Means Committee presents a nearly one-and-a-half billion-dollar investment opportunity for the state if it ultimately passes, and offers the opportunity to close the investment gap between South Carolina and its neighbors when it comes to solar and substantially increase local government revenue. The South Carolina Senate has already passed the bill with overwhelming support (38-4 vote), and SACE encourages the Committee to support the bill and help open the doors to major investment in a clean, reliable, cost-effective energy technology for South Carolina’s future.
As a native North Carolinian and self-professed clean energy enthusiast, I have really been scratching my head lately over recent pushback on our state’s first large-scale wind farm. To catch you up on the issue, the online retail giant Amazon recently flipped the switch on a 208-megawatt wind farm, located outside of Elizabeth City in eastern North Carolina. As [...]
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.
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 [...]
With just two weeks left in office, President Obama added a major piece to his environmental legacy by denying pending permits for seismic exploration for offshore oil and gas in the Atlantic. This announcement was the culmination of a years-long fight by SACE and many coastal residents and businesses to protect the coastal economy and way of life from the impacts of offshore drilling.
Former four-term South Carolina Congressman Gresham Barrett is joining with Sunrun to launch the Palmetto Conservative Solar Coalition. Their over-arching goal is to build on the momentum generated by the industry’s rapid growth spawned by unanimous passage in 2014 of “Act 236” by the South Carolina legislature and signed into law by Republican Gov. Nicki Haley. That law allows for solar sales by third parties and enables net metering.
Thanks to weak or non-existent policies, inconsistent incentives, and a myriad of other excuses, the Southeast, as a whole, has yet to live up to its high solar potential. The last several months have brought some interesting developments though, some good and some challenging. Here’s a quick overview of the key takeaways, from North to South.