Tag Archives: Biomass

Carbon bubble? Solar and wind erode coal, gas, and biomass credit quality —Moody’s

In Europe it’s already happening: solar and wind are causing bond-rater Moody’s to warn of downgrades of energy companies that depend on heat from burning coal, gas, or biomass. Moody’s earlier even warned the Bank of England of a potential carbon bubble developing. If combustion energy plants are affected like this, the credit effects will be even bigger on even-more-expensive nuclear plants, which Moody’s called a bet-the-farm risk way back in 2009.

James Murray wrote for businessGreen 6 Nov 2012, Moody’s: Renewables boom poses credit risk for coal and gas power plants: Credit ratings agency warns increases in renewable power have had ‘a profound negative impact’ on the competitiveness of thermal generation companies,

“Large increases in renewables have had a profound negative impact on power prices and the competitiveness of thermal generation companies in Europe,” said Scott Phillips, an assistant vice president and analyst at Moody’s Infrastructure Finance Group, in a statement.

“What were once considered stable companies have seen their business models severely disrupted and we expect steadily rising levels of renewable energy output to further affect European utilities’ creditworthiness.”

And not just rising, rising increasingly Continue reading →

New biomass plant near Dublin, GA: what it’s really about

Not really about jobs, and not about feeding electricity into the grid: the new biomass plant near Dublin, GA is about saving that company money on electricity: but at what cost to the state and to local residents?

Mike Stucka wrote for Macon.com 6 December 2012, Deal announces $95 million biomass power plant for Laurens County,

A new biomass power plant announced Thursday is expected to bring hundreds of related jobs and a direct $95 million investment.

A statement from the office of Gov. Nathan Deal said the plant itself will bring 35 permanent jobs to Laurens County.

Compare 35 permanent jobs for $95 million to MAGE SOLAR’s 350 jobs for $30 million. That’s about $2,700,000 per job for this deal, vs. $85,714 per job for MAGE SOLAR. Which would make MAGE SOLAR’s facility more than 30 times more effective at producing permanent jobs.

OK, but what’s this one supposed to do?

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Land Development For Future Industries —Andrea Schruijer of VLCIA

Executive Director Andrea Schruijer explained the Industrial Authority’s theory behind all those industrial parks. And she mentioned market analysis for a sustainable local economy. Nothing about market analysis about whether industrial parks actually bring in new businesses….

Valdosta CEO posted 28 NOvember 2012, Valdosta-Lowndes County Industrial Authority Invests in Land Development For Future Industries,

Andrea Schruijer, Executive Director of the Valdosta Lowndes County Industrial Authority. A few years ago the community had the foresight to approve a mill that they would set aside for the Industrial Authority to provide for economic development. And because the community did that, the industrial authority is able to better plan for the future in growing our opportunities for economic development. One of the things that we noticed a few years ago is that we didn’t have enough land for development. And we didn’t have the right sized tracks in case we had a large user coming in looking at the community, where would we put them?

She says “the community did that”? That’s funny, Gary Minchew said he organized that. Kari L. Sands wrote for VDT 20 June 2007, Lowndes preps for vote on budget,

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Help the military stop climate change through sustainable renewable energy

In memory of Armistice Day, the eleventh hour of the eleventh day of the eleventh month, when World War I ended, let’s help the military get us off of oil and to deal with climate change so fewer people will die in wars.

John M. Broder wrote for NYTimes 9 November 2012, Climate Change Report Outlines Perils for U.S. Military,

Climate change is accelerating, and it will place unparalleled strains on American military and intelligence agencies in coming years by causing ever more disruptive events around the globe, the nation’s top scientific research group said in a report issued Friday.

The group, the National Research Council, says in a study commissioned by the C.I.A. and other intelligence agencies that clusters of apparently unrelated events exacerbated by a warming climate will create more frequent but unpredictable crises in water supplies, food markets, energy supply chains and public health systems.

Hurricane Sandy provided a foretaste of what can be expected more often in the near future, the report’s lead author, John D. Steinbruner, said in an interview.

“This is the sort of thing we were talking about,” said Mr. Steinbruner, a longtime authority on national security. “You can debate the specific contribution of global warming to that storm. But we’re saying climate extremes are going to be more frequent, and this was an example of what they could mean. We’re also saying it could get a whole lot worse than that.”

…

Climate-driven crises could lead to internal instability or international conflict and might force the United States to provide humanitarian assistance or, in some cases, military force to protect vital energy, economic or other interests, the study said.

This is in addition to the even more obvious connection between war and U.S. dependence on foreign oil which the veterans in Operation Free want to fix by helping us shift to clean renewable energy.

“In Iraq… the lines would stretch up to ten miles long under the hot sun, under constant risk of attack by extremists. I realized then just how vulnerable it makes any country to be dependent on oil, especially the United States, which uses nearly a quarter of the world’s supply.”

We also heard last year from Col. Dan Nolan (U.S. Army ret.) that the Marines in Afghanistan realized Continue reading →

Wind and solar were all the new U.S. electric generation in September 2012

Wind and sun provided all the new electric power generation deployed in September 2012. As Moore’s Law continues to decrease solar prices, solar power gets deployed still more rapidly, and wind also gets installed on time and on budget. Meanwhile, nuclear takes a three-legged nuclear regulatory-capture stool and hardly any new reactors get finished anyway.

Stephen Lacey wrote for TP Climate Progress 24 October 2012, Wind And Solar Make Up 100% Of New U.S. Electricity Capacity In September,

September was tied for the hottest of any September on record globally. It was also a very hot month for renewable energy in the U.S. According to figures from the Federal Energy Regulatory Commission, wind and solar accounted for all new electricity capacity added to America’s grid in September.

New wind is up 25% Jan-Sep 2012 over the same period last year, and new solar is up 78%. For comparison, new coal is Continue reading →

Solar and broadband are good for the economy and for PR

When the Industrial Authority came out for solar and broadband WCTV noticed. It seems solar and broadband are good not only in themselves, but also for good PR for the community. PR that might attract the kinds of businesses the Industrial Authority is looking for.

WCTV wrote 9 September 2012, Solar Power and Broadband Internet Could Boost Local Job Growth,

The Valdosta-Lowndes County Industrial Authority has put a spot light on solar power and broadband internet. That’s according to a new analysis of regional businesses and employment. They say it will be a way to generate job growth going forward. Many in the community agree.

Valdosta Resident Mark Yates said “if they could bring those all in, it would be great for the economy and bring a lot of jobs for a lot of people in town here.”

That’s how Saginaw, Michigan, attracted that second Suniva plant away from Georgia: it has a plan for solar industry and it gets it in the news. Way better than worrying what Albany thinks, don’t you think?

By the way, Saginaw also goes for wind manufacturing jobs, and we already have one wind manufacturing business right here; more on that later.

It sure would be good if the Industrial Authority, with its 1 mil tax rate or almost $3 million a year, could succeed in attracting some jobs here:

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What Georgia Power is afraid of: GaSU and Dr. Smith; and you

So what is Georgia Power afraid of that made their CEO Paul Bowers double down on old-style baseload? Competition, that’s what! What could be more scary in the power-monopoly state of the 1973 Territorial Electric Service Act?

GaSU sun On one side, Georgia Power faces GaSU and its 80 or 90 MW solar plant proposal. Walter C. Jones wrote for OnlineAthens 24 September 2012, Proposed solar company could stir up Georgia’s utility structure,

A proposal from a start-up business promises to lower electricity rates by rebating profits to customers if given a chance to compete as Georgia Power Co.’s “mirror image.”

GaSU fb profile image To proceed with its long-range plan of developing 2 gigawatts of solar power, the start-up, Georgia Solar Utilities Inc., wants to start by building an 80-megawatt “solar farm” near Milledgeville as soon as it gets a green light from the Georgia Public Service Commission. GaSU filed its request last week, and as of Monday, it’s still too fresh for public evaluation.

So radical is the proposal that spokespersons for Georgia Power and the Georgia Solar Energy Association said they still were evaluating it and could not comment.

Groups that normally advocate for customers also are staying quiet.

GaSU executives recognize such a big change won’t come easily.

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Southern Company’s three-legged nuclear regulatory-capture stool

The failed EDF nuke project at Calvert Cliffs in Maryland makes it clearer why Southern Company (SO) was the first company to get a nuclear permit in 30 years: it was the only one big enough and monopolistic enough to pull it off. Even then it’s such a bet-the-farm risk that even “great, big company” SO only dared to deploy its “great big huge scale“ equipment with the regulatory capture triple-whammy of a stealth tax on Georgia Power bills, PSC approval of cost overruns, and an $8.33 billion federal loan guarantee:

  1. a legislated stealth tax in the form of a rate hike on Georgia Power customers for power they won’t get for years if ever. If you’re a Georgia Power customer, look on your bill for Nuclear Construct Cost Recovery Rider. You’ll find it adds about 5% on top of your Current Service Subtotal. Georgia is one of only a handful of states where such a Construction Work in Progress (CWIP) charge is legal thanks to our regulatory-captured legislature. Doubling down on bad energy bets, Southern Company is also trying to use CWIP to build a coal plant in Mississippi.
  2. A captive Public Service Commission that rubber-stamps costs for Plant Vogtle. In case there was any doubt as to the PSC’s role in legitimizing those new nukes, the very next day Fitch reaffirmed Southern Company’s bond ratings.

    Southern Company’s regulated utility subsidiaries derive predictable cash flows from low-risk utility businesses, enjoy relatively favorable regulatory framework in their service territories, and exhibit limited commodity price risks due to the ability to recover fuel and purchased power through separate cost trackers.

    Translation: Georgia Power customers subsidize SO’s bonds and SO shareholders’ stock dividends. The PSC also approved cost overruns being passed on to Georgia Power customers, and those nukes are already over $400 or $900 million, depending on who you ask. What do you expect when 4 out of 5 Public Service Commissioners apparently took 70% of their campaign contributions from utilities they regulate or their employees or their law firms, and the fifth commissioner took about 20% from such sources? Hm, there’s an election going on right now!
  3. An $8.33 billion federal loan guarantee. Even that’s not good enough for SO and Georgia Power: SO is asking for less down payment.

And what if even one of that three-legged regulatory capture stool’s legs went away? Continue reading →

Georgia Power inches towards more solar, trailing New Jersey

If you’re quick, you may be able to sell solar from your roof to Georgia Power. If the PSC approves a pending request. If you get in before that new quota gets filled. And if you’re a Georgia Power customer. The rest of us? Not until the 1973 Georgia Electric Territorial Act is changed. Until then, Georgia will continue to lag way behind New Jersey in solar power.

210 MW is more than 50 MW but way less than 3,000 MW

Walter C. Jones wrote for the Augusta Chronicle today, Georgia Power plans to triple solar power use,

Georgia Power filed Wednesday seeking permission from state regulators to more than triple the amount of solar power it uses to generate electricity for its 2.4 million customers by swapping it for what was already planned from other renewable sources.

What “other renewable sources”?

The Georgia Power plan won’t affect rates because it is based on paying the solar providers what it would have paid the biomass provider, 13 cents per kilowatt hour, which is already figured into customer’s rates.

OK, that’s good, because it means biomass is well and truly dead in Georgia. But it also means Georgia Power isn’t very serious about solar, if all it’s doing is fiddling with accounting for the small amount of power biomass might have produced and not going for the real numbers solar can produce. OK, how many solar megawatts?

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Fracking water

Yet another reason why we should take water into account in any development plan: fracking for shale gas uses huge amounts of water, competing with everything else, maybe even using more than power plants and cities.

Delaware Riverkeeper and Protecting Our Waters wrote for Waterkeeper Alliance today, The Water Footprint of Shale Gas Development,

Recent studies examining potable water supplies on a global scale, the current trends in American water consumption and the causes of depletion of this essential resource are helping us to understand that the footprint of shale gas development expands indefinitely when measured in water….

Of the seven nations where the groundwater footprint is greatest, the U.S. is one of the fastest speeding towards disaster. According to Cynthia Barnett’s Blue Revolution, scientists say the 20th century was the wettest in a thousand years and now drier times are ahead.[3] This means that many of the management schemes we use now—based on 20th C planning—need to be changed to avoid catastrophe. So the 410 billion gallons of water America uses every day will suck the nation dry if we don’t stop over-tapping nearly every river and aquifer.

The biggest U.S. users are power plants and agriculture with private

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