South Carolina

More News and Commentary

Future of South Carolina coal plant up in the air

The Post and Courier: The smokestacks of the coal-fired power plant reign over vast Lake Moultrie — by far the tallest thing in sight. Some have called the stacks the symbol of Santee Cooper country, named for the utility that runs the plant and the lake. Company executives like to tout it as their flagship. […]

February 5, 2019 Read More →

Duke’s Carolina solar installations total 2,500MW in past four years, more coming

PV Magazine: There has been a fervent solar development march in the Carolinas by Duke energy over the past half-decade, a march which saw 565 MW of solar capacity installed in 2018. Overall, Duke has added a total of 2,500 MW of solar in the two states over the last four years. This was in […]

January 30, 2019 Read More →

South Carolina co-ops concerned about state’s high-cost coal power

The Post and Courier: South Carolina’s electric cooperatives want Santee Cooper to study if coal is the cheapest way to provide electricity to customers, questioning whether the state-run utility should cease operating some of its aging coal-fired power plants. Officials with Central Electric Power, the group that negotiates power prices for all 20 co-ops, pressured […]

January 29, 2019 Read More →
IEEFA U.S.: A sea change in American offshore wind
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IEEFA U.S.: A sea change in American offshore wind

Up and down the East Coast, initiatives to develop a massive and largely untapped market

The big lease sales ($405 million) last month in coastal waters off Massachusetts for three federally owned tracts that didn’t sell at an auction in 2015 signal a sea change in how U.S. offshore wind generation potential is now perceived. The winners of that auction, who emerged after 32 rounds of bidding over two days, […]

and January 9, 2019 Read More →
IEEFA U.S.: Two of Duke Energy’s plants in North Carolina reflect national trend in baseload slippage for coal

IEEFA U.S.: Two of Duke Energy’s plants in North Carolina reflect national trend in baseload slippage for coal

Cases in point: Mayo and Roxboro now operate at a fraction of their capacity

Plant closures grab most of the U.S. coal industry headlines lately, but an equally important story emerging from the data illustrates another facet of change sweeping the utility industry and its suppliers: Coal is losing its foothold as a baseload power resource. This shift is occurring nationally, but what’s happening in North Carolina is a […]

October 29, 2018 Read More →

Bipartisan Resistance Among Governors and Members of Congress to Zinke, Trump Drilling Plans

PRI: After the Trump administration announced plans to expand offshore oil and gas drilling to nearly the entire U.S. coastline, Interior Secretary Ryan Zinke quickly followed up with another announcement exempting Florida from the new plans. Now, a growing number of Republican and Democratic governors and legislators from coastal states are demanding the same exemption. […]

April 16, 2018 Read More →

Southeast States—Florida, Georgia, South Carolina, and Virginia—Begin to Embrace Solar

Bloomberg News: The reason why the sunny U.S. Southeast resisted solar power for years is the same reason that explains its about-face: cost. The region was long the country’s smallest solar market, in part because state regulators argued it was just too expensive. Now that prices have come down sharply, area utilities are embracing power […]

March 21, 2018 Read More →

Dominion SCANA Deal Begs Question: What’s Next For Santee Cooper?

The Post and Courier: Dominion Energy delivered a blockbuster offer to buy SCANA Corp. on Wednesday in the wake of South Carolina’s failed nuclear project, pitching a $14.6 billion deal that would be among the largest in state history. The offer from the Virginia-based utility giant, which SCANA has accepted, vowed to deliver lower electric […]

January 5, 2018 Read More →

Merger Deal Between Dominion and SCANA Would Write Off $1.7 Billion for Failed Nuclear Plant

Utility Dive: Dive Brief: Dominion Energy and SCANA Corp. have agreed to an all-stock merger that company officials say will lower customer rates and help unwind financial obligations related to the abandoned V.C. Summer nuclear project.  SCANA shareholders would receive 0.669 shares of Dominion stock for every share of SCANA — or $55.35/share, a 28% premium on Tuesday’s closing […]

January 3, 2018 Read More →
IEEFA Update: More Questions on U.K. Nuclear Project

IEEFA Update: More Questions on U.K. Nuclear Project

Concerns Grow That Hinkley Point C Is an Overpriced Mistake

Two of the U.K.’s main public-spending watchdogs have now criticized the government’s deal with French utility giant EDF to support completion of a new nuclear power plant, only just stopping short of saying the deal was an outright mistake. The critiques highlight the risk in failing to heed the falling cost of renewables and serve as […]

November 29, 2017 Read More →