“Demands to significantly increase the Company’s renewable procurement ignore this reality [of system instability] largely because Georgia Power, and not the Intervenors, is ultimately responsible for safely and reliably integrating these resources into and operating the system.”
– Georgia Power Company, June 24, 2019
Georgia Power didn’t need any new sources of generation and was, in fact, closing down still-useful plants to make room for the Plant Vogtle #3 and #4 (2,231 MWnuclear capacity). As such, the Company didn’t want nuisance solar. However, to appease the Georgia Public Service Commissioner (GPSC) commissioners, and to engage in greenwashing, the Company proposed in its Integrated Resource Plan (IRP) to purchase just enough intermittent solar to be politically acceptable. They were wrong.
Solaring Up … and Up
In the face of opposition, the Company compromised in a proposed settlement to increase future solar purchases.…
Continue Reading“One thing … which is going awry generally – is the money being wasted on electric cars for which there is no market. Or rather, which there’s no money to be made from the making.”
– Eric Peters, Eric Peters Autos, July 25, 2019
There are nearly always multiple realities that impinge on economic events in the mixed economy. The recent report that Nissan Motors may go out of business by 2020 due to a sudden deterioration of its razor thin 1% to 2% annual profit margin is attributed to:
“From time to time a statute gets written with a really good intention but reality does not follow that intention. That’s why we’re looking at these rules and regulations from a common-sense approach, we’re looking to get the best result we can.”
– DOE Secretary Rick Perry, quoted in Politico, July 16, 2019.
“According to Consumer Reports, the highest-ranked was an electric heat pump water with an average price of $1,200 (twice that of the runner-up gas water heater) and an average annual operating cost of $240. Second place was an apparently ordinary gas water heater with an average price of $600 and an average annual operating cost of $245.” (below)
On July 11, the U.S. Department of Energy, Office of Energy Efficiency and Renewable Energy (EERE) published a Notice of Proposed Rulemaking (NOPR) and request for comments on a petition by the natural gas industry (a.k.a.…
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