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Surging energy prices accelerating pace of wind, solar and battery adoption
April 4, 2022 (IEEFA)—Surging global energy prices are supercharging the already rapid pace of growth in solar, wind and battery storage projects, according to the Institute for Energy Economics and Financial Analysis U.S. 2022 Power Sector…
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IEEFA U.S.: Price tag for new reactors at Vogtle Plant in Georgia climbs past $30 billion
January 20, 2022 (IEEFA)—Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company’s Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming…
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Southern Company's Troubled Vogtle Nuclear Project
Once estimated at more than $14 billion, the price tag for two new reactors at Georgia Power Company's Plant Vogtle site has now climbed past $30 billion, and both units will be more than six years late in coming online.
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IEEFA U.S.: South Carolina regulators reject Duke’s gas-dependent integrated resource plan
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IEEFA U.S.: Georgia solar+hydro electricity output tops in-state coal generation during first half of 2020
Fresh data from the Energy Information Administration points to the monumental nature of the transition under way in the U.S. utility sector and localizes it dramatically in Georgia, where utility-scale solar and hydropower for the first time…
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IEEFA U.S.: PacifiCorp’s transition to renewables and battery storage sets a new industry pace
PacifiCorp’s announcement last week that it will build thousands of megawatts of new wind, solar and battery storage capacity in its transition away from coal will reshape electricity markets across the West over the next 10 years.
Its impact…
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IEEFA report: Coal-fired power generation collapsing across Southeast U.S., longtime bastion of the industry
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IEEFA Georgia: The diminishing importance of coal-fired power generation
IEEFA released a report in November 2015 calling for Southern Co. and its subsidiary Georgia Power—out of respect for investors and ratepayers—to retire the four-unit Plant Hammond coal-fired power station.
The report pointed out how flat…
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IEEFA update: Vogtle nuclear reactor, a runaway project nobody needs
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…
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IEEFA Update: The U.S. Nuclear Project Cancellation Announcement Heard ’Round the World
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.
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