{"id":3236,"date":"2013-04-29T11:32:12","date_gmt":"2013-04-29T15:32:12","guid":{"rendered":"http:\/\/www.l-a-k-e.org\/blog\/?p=3236"},"modified":"2013-04-29T12:19:43","modified_gmt":"2013-04-29T16:19:43","slug":"bloomberg-links-ms-kemper-coal-cost-overruns-to-ga-plant-vogtle-nukes","status":"publish","type":"post","link":"http:\/\/www.l-a-k-e.org\/blog\/2013\/04\/bloomberg-links-ms-kemper-coal-cost-overruns-to-ga-plant-vogtle-nukes.html","title":{"rendered":"Bloomberg links MS Kemper Coal cost overruns to GA Plant Vogtle nukes"},"content":{"rendered":"<p>\n<a href=\"http:\/\/www.flickr.com\/photos\/98706376@N00\/8693270998\/sizes\/z\/\" title=\"Betty Liu of Bloomberg quizzes Thomas A. Fanning of Southern Company\"><br \/>\n<img decoding=\"async\" style=\"float:right;border:none;\" src=\"http:\/\/farm9.staticflickr.com\/8402\/8693270998_ac6ea3700b_n.jpg\" alt=\"Betty Liu of Bloomberg quizzes Thomas A. Fanning of Southern Company\"><\/a><br \/>\nBloomberg has<br \/>\n<a href=\"http:\/\/www.bloomberg.com\/video\/southern-s-fanning-explains-added-kemper-costs-rZayK05sTlunn8hFv3tEXw.html\"><br \/>\nvideo of Southern Company CEO Thomas A. Fanning<\/a> trying to explain away<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/04\/poor-southern-company-losing-money-on-kemper-coal-in-mississippi.html\"><br \/>\nhow cost overruns at SO&#8217;s nuclear Plant Vogtle in Georgia are<br \/>\nlinked to cost overruns SO&#8217;s coal Plant Kemper in Mississippi<\/a>.\n<\/p>\n<blockquote><p>\nBetty Liu: This project along with the Vogtle project&#8230;<br \/>\nhas some investors wondering maybe Southern Company has<br \/>\nstretched itself too thin, with these two major projects you&#8217;ve got under way&#8230;.<\/p>\n<p>\nFanning: In fact, the Vogtle project is going beautifully.<br \/>\nWe have delayed the in-service date by a year, but&#8230;.\n<\/p><\/blockquote>\n<p>\nThat&#8217;s funny, GA PSC and the AJC say <!--more--><a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/03\/from-15-to-19-months-late-plant-vogtle-nukes.html\"><br \/>\n19 months late<\/a> for Plant Vogtle.<br \/>\nFanning continued claiming benefits outweigh costs,<br \/>\nand slipped in that price increases for Georgia Power customers<br \/>\n&#8220;will be less than 1% per year&#8221;.<br \/>\nNevermind that<br \/>\n<a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/01\/googles-invests-in-wind-and-solar.html\">Google already deployed almost as much wind and solar power<br \/>\nas both new Vogle nukes are supposed to generate,<br \/>\nfor less than Georgia Power customers have already paid<\/a>.<br \/>\nHere&#8217;s the<br \/>\n<a href=\"http:\/\/bloom.bg\/17igBBK\">Bloomberg video of Fanning:<\/a><\/p>\n<p style=\"float:center\">\n<script src=\"http:\/\/player.ooyala.com\/player.js?embedCode=5pcXc1YjqGKTI4JyKDk5ChXHy5AmWhDe&#038;playerBrandingId=8a7a9c84ac2f4e8398ebe50c07eb2f9d&#038;width=768&#038;deepLinkEmbedCode=5pcXc1YjqGKTI4JyKDk5ChXHy5AmWhDe&#038;height=432&#038;thruParam_bloomberg-ui[popOutButtonVisible]=FALSE\"><\/script>\n<\/p>\n<p>\nThe annual <a href=\"http:\/\/www.l-a-k-e.org\/blog\/2013\/04\/southern-company-stockholder-meeting-so-2013-05-22.html\"><br \/>\nSouthern Company stockholder meeting<\/a><br \/>\nis coming up May 22; maybe some shareholder will ask Fanning about all this.\n<\/p>\n<p>\n -jsq<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg has video of Southern Company CEO Thomas A. Fanning trying to explain away how cost overruns at SO&#8217;s nuclear Plant Vogtle in Georgia are linked to cost overruns SO&#8217;s coal Plant Kemper in Mississippi. Betty Liu: This project along with the Vogtle project&#8230; has some investors wondering maybe Southern Company has stretched itself too [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[216,142,14,8,18,104],"tags":[4771,3906,8753,8746,8704,8701,8708,171,8702,12,217,219,8737,107,6230,108,221],"class_list":["post-3236","post","type-post","status-publish","format-standard","hentry","category-coal","category-cwip","category-economy","category-georgia","category-georgia-power","category-nuclear","tag-betty-liu","tag-bloomberg","tag-coal","tag-cwip","tag-economy","tag-georgia","tag-georgia-power","tag-kemper-coal","tag-lake","tag-lowndes-area-knowledge-exchange","tag-mississippi","tag-mississippi-power","tag-nuclear","tag-plant-vogtle","tag-ratepayers","tag-southern-company","tag-thomas-a-fanning"],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/3236","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=3236"}],"version-history":[{"count":4,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/3236\/revisions"}],"predecessor-version":[{"id":3240,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/3236\/revisions\/3240"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=3236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=3236"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=3236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}