Tag Archives: Economy

Softbank’s Son to install solar in Japan: watch out, Georgia Power!

The same Masayoshi Son who shook up Japan’s Internet market and is about to do the same in the U.S. is moving to modify Japan’s power market from nuclear to solar. Watch out, Georgia Power and Southern Company! If you don’t get a move on, Son-san will eat your lunch, too.

Mariko Yasu wrote for Bloomberg Businessweek 23 June 2011, Softbank’s CEO Wants a Solar-Powered Japan,

Masayoshi Son Billionaire Masayoshi Son made a fortune taking on Japan’s phone monopoly. Now he aims to shake up its power utilities after the worst nuclear crisis in 25 years. The 53-year-old chief executive officer of Softbank says he will build solar farms to generate electricity, with support from at least 33 of Japan’s 47 prefectures. He’s asking for access to transmission networks owned by the 10 regional utilities and an agreement that they buy his electricity. No other company has secured unlimited access to the those transmission networks. The utilities would not comment. Japan’s main business organization, the Keidanren, called for “careful analysis” before any drastic change in the power system took place.

If Japan ever felt ready to back Son’s ambitious plan, this is the moment. Radiation has spread across at least 600 square kilometers (230 square miles) in the northeast since the Mar. 11 earthquake and tsunami led to meltdowns at the Fukushima Dai-Ichi nuclear plant. Outgoing Prime Minister Naoto Kan said in May he will rethink a plan to increase atomic power to 50 percent of the nation’s energy output from 30 percent. Renewable energy already accounts for 10 percent, according to Japan’s Agency for Natural Resources and Energy. Son wants to see that tripled by 2020. “The question is how this nation is going to survive after cutting nuclear power,” he said at a government panel meeting on June 12.

Complacent Georgia Power and SO, you maybe don’t think he can do it? NTT probably thought that, too:

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Solar college campuses far to the north: why not at VSU?

This spring, the University at Buffalo did it, and now Rutgers is doing it: installing solar arrays for power and profit. Rutgers is in New Jersey, the #2 state in solar power. We have a lot more sun down here. How about we catch up and get ahead in solar power, starting with VSU?

Brita Belli wrote for ecoemagination 25 September 2012, Renewable U: College Campuses Invest in Renewable Energy

Over the summer, crews at Rutgers University's Livingston Campus began transforming a 32-acre, 3,500-spot parking lot into one of the largest solar canopy arrays in the nation. The array will have a capacity of 8 megawatts, enough to power 1,000 homes.

The canopy is more than just eco window dressing — Antonio Calcado, Rutgers vice president for facilities and capital planning, expects that with the financing structure, grants and energy credits, the investment will return about $28 million to the university over the next 20 years. A previous solar project had a similarly rapid payback.

“Combined with the electricity we produce, it's a winner all around,” says Calcado. “We're an institution of higher learning—we teach this stuff—so we should also lead by example. It's a living laboratory in many respects.”

Lead by example: now there's an idea! An idea that might even attract businesses.

-jsq

Videos @ 30Club 2012-10-22

Here's a video playlist of the Candidate Forum last night organized by the 30 Club at Serenity Church. Probably more commentary later; for now, in the interests of speed, just the raw videos.

Candidates Forum, 30 Club, J.D. Rice, President
Video by John S. Quarterman for Lowndes Area Knowledge Exchange (LAKE),
Valdosta, Lowndes County, Georgia, 22 October 2012.

-jsq

Solar yes, nuclear expansion no —David Staples for GA PSC

After he spoke at last Thursday’s Political Forum, David Staples said something interesting out in the hall and I asked him to repeat it for the video camera.

Here’s the video, followed by a transcript.

Video by John S. Quarterman for Lowndes Area Knowledge Exchange (LAKE),
Valdosta, Lowndes County, Georgia, 18 October 2012.

Here’s the transcript:

I think right now we need to look at solar. The two new nuclear reactors probably shouldn’t be built right now. You look at the wholesale power rate curves, and where it’s most expensive, and it’s during peak hours. Wholesale power is 50 cents a kilowatt-hour, and the electric companies are buying at wholesale rates, What do we need to offset that with? We’ve got something to do that with: solar. The cost has come so far down that that’s something we should be spending our money on rather than than building nuclear reactors right now.

Solar PV costs dropped 50% last year.

Southern Company’s new nukes continue to run farther over budget.

If Denmark can do it maybe Southern Company and Georgia Power should stop manufacturing buggy whips and help get Georgia on the solar train.

Staples is on record for solar and as he says ethics matter: all the incumbent GA PSC members have taken campaign donations from people closely associated with the industries they regulate, (including Stan Wise) and Staples has apparently only accepted donations from clean sources.

-jsq

 

TV ad by Steve Oppenheimer for GA PSC

According to Ted Terry,

We are the first PSC campaign in over a decade to go up on the broadcast airwaves!

Here’s the video:

About those rate hikes: Georgia Power hikes prices for gas and nuclear, then complains about solar and We can charge you even if it’s cancelled! —CWIPped Georgia Power

About the GA PSC incumbents all accepting campaign contributions from people closely associated with the industries they regulate.

Steve Oppenheimer is on the record as wanting more energy efficiency and renewable energy (including solar energy).

-jsq

We can charge you even if it’s cancelled! —CWIPped Georgia Power

Steve Willis An excellent article about the problems with Georgia Power’s new nukes on the Savannah River gets at something you may not know: they can charge you for them even if they’re cancelled!

Steve Willis wrote for the Georgia Sierran Oct./Nov./Dec. 2012 page 5, Overruns, Uncertainty Plague Vogtle Expansion,

If Southern Company abandons this project, the CWIP law not only allows Southern Company to keep all of the CWIP payments legally extorted from customers, but allows them to keep CWIP fees in place or even increase them until all their costs and profits have been fully recovered. Due to the run-away cost overruns, the CWIP charge on your monthly bill is already more than three times what Southern Company confidently claimed it would be at this time when they presented their case to “your” Georgia legislature in 2009.

And that 2009 legislature rubberstamped CWIP so it appears on your Georgia Power bill as Nuclear Construction Cost Recovery Rider. Willis reminds us that the 2 nukes already at Plant Vogtle were projected to be four nukes for $600 million and ended up being two for $9 billion.

Everyone has heard the saying “Fool me once, shame on you; fool me twice, shame on me.” If the Vogtle expansion costs balloon, as many analysts expect, it will cost

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Georgia Power hikes prices for gas and nuclear, then complains about solar

Back in February, Georgia Power's natural gas Plant McDonough Georgia Power argued that a free market in solar power would cause price increases. Yet they already increased prices for natural gas and for nuclear plants that won’t produce electricity for years, if ever, and are already massively overbudget and behind schedule. Why should we believe them about solar when it’s their archaic projects they already are deploying that already have increased customer prices?

In February, Greg Roberts of Georgia Power argued,

Another reason is that the customers of Georgia Power, Georgia’s Georgia Power is the snail in the way of solar power in Georgia EMC’s and Municipal Electric Authority of Georgia are paying for the poles and wires to transmit power, and the back-up generation to cover the electricity needs when the sun isn’t shining. These costs will have to be recovered from other customers not getting the privileged deal from the developer, raising everyone else’s rates.

While there are already numerous federal and state tax and other incentives for solar development in Georgia, it is still much more costly than the service provided by utilities. But what if third-party solar developers could get other electric customers in Georgia to foot the bill? That would be the result of this legislation.

It’s like asking Sally’s Café to pay the electric bill of Joe’s Cafe across the street, thus allowing Joe to undercut Sally’s prices.

Georgia Power well knows they could take a percentage of any power transmitted through their lines, so that wires and poles and backup generation argument is ludicrous. And as far as subsidies, how about this one, Georgia Power, Get the Facts, Investing in Georgia’s Energy Future:

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County clarifies library and parks division in SPLOST VII

SPLOST VII’s $22 million for a new library and parks and rec goes about 2/3 for the library and 1/3 for parks and rec, and the latter doesn’t all go to parks and rec at Five Points, according to a mysterious red-letter note that has sprung up on the Lowndes County website.

The front page of lowndescounty.com has sprouted this undated and unsigned clarification under the SPLOST VII heading:

Exhibit A (Please note that the $22 million proposed by Lowndes County for the Library and Parks & Recreation, represents a division of approximately $14.5 million for the Library and approximately $7.5 million for Parks & Recreation. In addition, the $7.5 million proposed for Parks & Recreation is not allocated for parks and improvements at the 5-Points site. Parks & Recreation will use these funds for improvements in other areas of the county.)

Exhibit A is the list of projects and estimated costs that includes this item:

  • payment of bond debt for acquisition and construction of and equipping a new library facility and parks and recreation facilities
 
$ 22,000,000

Can somebody explain why the new library and Parks and Rec were lumped together in the first place? At least the county is sort of trying to explain the difference now.

They didn’t include the pie chart with their clarification.

Revised SPLOST VII Pie

I made the pie chart; took about Continue reading →

Another $3.5 billion nuclear cost overruns coming —David Staples @ HBA 2012-10-18

David A. Staples running for the Georgia Public Service Commission for District 5, talked about the ethical conflicts of the incumbents who take almost all of their campaign contributions from people associated with the utilities they regulate. Then he mentioned that the new nuclear reactors Georgia Power is building for Southern Company at Plant Vogtle have another $3.5 billion in cost overruns coming.

This is after the PSC incumbents just rubberstamped the Vogtle budget in August, and on top of the $900 million in cost overruns we already knew about. That $900 million was already more than 6% of the originally-projected $14 billion total cost. If it’s now $3.5 + $0.9 = $4.4 billion, that’s more than 31% over the original total. Maybe we should vote in some PSC members and legislators who will stop this nonsense.

Here’s the video:

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Valdosta: 3rd poorest city

Valdosta #3! Followed by Albany #4! In poorest cities in the country. What can we do about that?

Michael B. Sauter, Alexander E.M. Hess and Samuel Weigley, 24/7 Wall St., wrote for NBC News 14 October 2012, America’s richest and poorest cities,

3. Valdosta, Ga.
  • Median household income: $32,446
  • Population: 140,599 (87th lowest)
  • Unemployment rate: 9.2 percent(140th highest)
  • Percent households below poverty line: 27.6 percent (ninth highest)

From 2007 to 2011, the unemployment rate in Valdosta increased by 130 percent, from 4 percent of workers to 9.2 percent. The number of employed workers declined by more than 6,000 during that time. Those jobs remaining often pay a lower salary. Last year, nearly 17 percent of the work force was employed in the generally low-paying retail industry, the sixth highest percentage of all metro areas. In 2007, just 11.3 percent of the labor force worked in retail. Valdosta, however, has an improving and active housing market. Home prices rose nearly 12 percent between 2007 and 2011. Despite these positives, 14.4 percent of housing units were vacant last year, higher than the national vacancy rate of 13.1 percent. Also, 15.3 percent of homes were worth less than $50,000 versus 8.8 percent nationwide.

The study is actually for “U.S. metropolitan statistical areas, or MSAs” and this population is not just for Valdosta, it’s for the Valdosta MSA, which includes Brooks, Echols, Lanier, and Lowndes Counties.

Look who’s next on the list:

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