Solar power made much of SO’s increased energy revenues for 2013 and 2014.
What else will we learn at the Southern Company 2015 Annual Meeting of Shareholders,
Wednesday, May 27, 2015?
Has Southern Company finally looked up, and will it say, like
Thomas Alva Edison in 1931,
“I’d put my money on the sun and solar energy”?
To attend the SO shareholder meeting you have to have owned stock by
Monday, March 30, 2015, or you’ll need to get somebody to appoint you their proxy.
Since I’m an SO stockholder, I got the
216-page Southern Company Notice of 2015 Annual Meeting of Stockholders, Proxy Statement and 2014 Annual Report, page D-8:
In 2014, wholesale revenues increased $329 million, or 17.7%, as
compared to the prior year due to a $326 million increase in energy
revenues and a $3 million increase in capacity revenues. The
increase in energy revenues was primarily related to increased
revenue under existing contracts as well as new solar PPAs and
requirements contracts primarily at Southern Power, Continue reading →
Southern Company #1 and #2!
We get most of our electricity from #1 coal Plant Scherer
near Macon, and 1/4 of its power goes to Florida, dirtying our air.
SO says it’s worst only because it’s one of the biggest.
But it still emits more greenhouse gases than any other power plant
in the country.
#2 is only about twice as far away, and it’s also Southern Company.
Luminant Generation Company’s Martin Lake Plant in Texas
Union Electric Company’s Labadie Plant in Missouri
NRG Texas Power’s W.A. Parish Plant
These power plants, said Julian Boggs, Environment America’s global warming program director, “are the elephant in the room when it comes to global warming.”
America’s Dirtiest Power Plants,
by Environment America,
says (page 5) Plant Scherer alone produces 0.4% of all U.S. CO2 emissions
and 0.1% of all the world’s. Plant Miller emits almost as much, so that’s 0.8% of U.S. and 0.2% of world CO2
emissions from just the top 2 Southern Company coal plants.
How about we insist Georgia Power and Southern Company get on with solar
power inland and wind off the coast to replace all those coal plants and
the water-sucking nukes, too?
UNIT 1 AUTOMATIC REACTOR TRIP DUE TO THE LOSS OF A START-UP
“This is a report of an automatic RPS actuation and automatic ESF
actuation per 10CFR50.72(b)(2)(iv)(B) and 10CFR50.72(b)(3)(iv)(A).
Additionally, this is to report intentions for a press release per
“At 2105 CDT on 6/11/13, Farley Unit 1 experienced an automatic
reactor trip from 100% power. The initiating event was the loss of
the 1B Start up Transformer which resulted in de-energization of the
B-Train ESF 4KV buses and the 1B and 1C Reactor Coolant Pump Buses.
The 1B Emergency Diesel Generator auto started and tied to the
B-Train 4KV Emergency buses.
Households getting electricity from Alabama Power Co. are using 6%
less than five years ago. But their monthly power bills still have
increased by an average of 8%, partly because of a lucrative rate
agreement that the utility brokered with state regulators 30 years
“an absurd tax upon the rest of their fellow-citizens”
The deal allows Alabama Power, the state’s largest electric utility,
to adjust its rates annually to maintain a return on equity, a
measure of profit, of 13% to 14.5%. Now it is coming under fire from
consumer advocates and one state utility commissioner, who argue
that the utility’s profit levels are too high.