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Dennis Wamsted
In announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom Fanning increased the utility’s 45.7 percent stake in the plant to $8.4 billion. It seems a highly misguided move. While Fanning continued to defend the roughly 2,234 […]
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AP: Georgia Power is aiming to increase its renewable energy portfolio in the state by adding 100 megawatts of solar power. The utility firm is seeking proposals from solar facilities that are interested in selling solar power to the company, The Atlanta Journal-Constitution reported . Georgia Power is seeking contracts with them to provide solar […]
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Wamsted on Energy: The nuclear morass that has ensnared utility executives, state regulators, and legislators in South Carolina and Georgia shows no signs of easing its grip. Southern is set to decide soon whether its Georgia Power subsidiary will seek to complete Vogtle 3 & 4 even though the total cost for the much-delayed nuclear […]
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Atlanta Journal Constitution: The full price of expanding Plant Vogtle has swelled to more than $25 billion and the project has slipped further behind schedule in the wake of a key contractor’s bankruptcy, according to estimates disclosed Wednesday by Southern Company. The Atlanta utility hasn’t made a decision about whether the troubled nuclear expansion should […]
David Schlissel
Reverberations in Decision on V.C. Summer Project; Similar Reactor Construction in Georgia Is at Risk; Implications for India's Ambitions
Hindsight being 20/20, it’s clear that the developers of the V.C. Summer nuclear-energy project in South Carolina had no choice but to pull the plug on the project, as they announced yesterday they had done. Reasonable foresight would have better served ratepayers of South Carolina Electric & Gas Co. as well those of Santee Cooper, […]
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The Telegraph (Macon): The encroachment issue is a thing of the past now. Property owners have been compensated and last week it was announced that Georgia Power is planning to build a 139-megawatt solar generating facility in the encroachment area, an allowable use of the land. The Georgia Public Service Commission approved the project Tuesday. […]
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Atlanta Journal-Constitution: Georgia Power is cutting over half of its work force at a coal-fired plant near Rome even as state regulators have been re-examining some of its operations. The Atlanta utility said 80 jobs are being eliminated at Plant Hammond, a 63-year-old facility on the Coosa River near Rome. Georgia Power spokesman John Kraft […]
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Russell Grantham for the Atlanta Journal-Constitution: Georgia Power drew fire this week from critics who want the utility to retire its old coal-fired plants and ramp up efforts to add more solar power and other renewable energy. Every three years, the Atlanta-based electric utility sends updated plans to the Georgia Public Service Commission on how […]
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Dan Testa for SNL: Immediately after releasing its 20-year integrated resource plan Jan. 29, Georgia Power Co. came under fire from environmental groups for not being aggressive enough in expanding renewable energy and efficiency programs. In a joint news release, the Southern Alliance for Clean Energy, or SACE, and the Sierra Club criticized the Southern […]
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From CleanEnergy.org: The evidence is stacking up for shutting Plant Hammond down. First, on November 4, the Georgia Water Coalition named Plant Hammond one of the 2015 Dirty Dozen threats to Georgia waterways. Then, a new report from the Institute for Energy Economics and Financial Analysis showed that the plant is both running less and […]
Georgia Power’s Aging Plant Hammond Should Be Retired
Hobbled by Outdated Coal-Burning Technology, Poor Operating Performance and High Production CostsWe’ve published a paper today that explains why Georgia Power should retire Plant Hammond, an outdated coal-fired electricity plant in northwest Georgia. The report, posted here, details how the 840-megawatt plant, whose four units are from 44 to 61 years old, has grown increasingly expensive to ratepayers in recent years. Plant Hammond’s high costs are […]