Friday, November 21, 2014

Is South Carolina solar about to explode?

By  | November 18, 2014
“The way I read the legislation is ‘Let’s figure out the new net metering equation and not have one customer subsidizing another. But, since we need to encourage early adoption of DERs, we will limit what we are asking of consumers,’” explained CEO Robert Hochstetler of Central Electric Power Cooperative, which distributes about a third of South Carolina’s generation through the state’s 20 electric cooperatives.

Tuesday, November 18, 2014

Report: Duke Energy pushing back decision on Lee nuclear plant - Charlotte Business Journal

Senior Staff Writer-Charlotte Business Journal
"We completely understand the risks of (nuclear) construction," Good said. "Fundamentally we're watching the important work that Southern Co. andSCANA Corp. are doing" at Plant Vogtle and the V.C Summer nuclear plants, respectively.

Thursday, November 13, 2014

Energy, Security, and Climate » What the Big U.S.-China Climate Announcement Means

by Michael Levi
November 12, 2014
The U.S. target looks like it’s going to be really tough to meet without new laws.The United States promised to cut emissions 26 percent below 2005 levels by 2025 and to try to get to a 28 percent cut. (Notice a pattern – baseline and stretch goals – between the United States and China?) If the United States hits its current target – 17 percent below 2005 levels by 2020 – on the head, it will need to cut emissions by 2.3-2.8 percent annually between 2020 and 2025, a much faster pace than what’s being targeted through 2020. That is a mighty demanding goal. It will be particularly challenging to meet using existing legal authority – which the administration says can be done.

Monday, November 10, 2014

Henan power supply officials plunge county into darkness after drunken KTV brawl

James Griffiths
According to the official Xinhua News Agency, a group of staff working for a local power supply station run by state-owned power giant State Grid Corporation were out drinking at a karaoke bar in Qixian county on November 2.
After buying and consuming several bottles of expensive liquor and crates of beer, the group demanded another round on the house. When staff at the bar refused, the power station posse began smashing up the room.

Thursday, November 6, 2014

New England Electricity Prices Spike As Gas Pipelines Lag : NPR

Sarah Evans Brown, Nov. 5, 2014
For Sage and other consumers, these changes seem to have come out of nowhere, but in reality, they have been a long time coming. Between the years of 2000 and 2013, New England went from getting 15 percent of its energy from natural gas to 46 percent. That's dozens of power plants getting built.

Tuesday, November 4, 2014

SCANA earnings climb 9.9% in Q3 - Columbia Regional Business Report

An abnormally hot summer, customer growth and rate hikes fueled a 9.9% increase in third-quarter earnings for Cayce-based SCANA Corp., parent of South Carolina Electric & Gas.
The company reported Thursday earnings for the quarter totaled $144 million compared with $131 million for the third quarter of 2013.
For the nine months ended Sept. 30, SCANA said its earnings climbed 17.7% to $433 million compared with $368 million for the first nine months of 2013.
“Electric margins continue to increase as expected due to customer growth and financing cost recovery through the Base Load Review Act," said Jimmy Addison, SCANA executive vice president and CFO. Additionally, hot weather during the summer contributed to higher earnings.

Thursday, October 30, 2014

How the EPA may change the Clean Power Plan | Utility Dive

By Gavin Bade | October 29, 2014 

 Tuesday, the Environmental Protection Agency (EPA) released itsNotice of Data Availability (NODA) on the Clean Power Plan, itsdraft rule to regulate carbon emissions from existing power plants. The document, meant to address concerns raised during the agency's public comment period, opens the door to more flexibility for utilities trying to cope with the new regulations. 
In particular, the EPA document reveals that the EPA will seek further comment from stakeholders in three areas: The 2020-2029 trajectory—or glide path—for emission reductions, the Clean Power Plan's building blocks, and calculating state-specific CO2 goals.

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