Skip to main content

More Nuclear Plants for Mississippi?

Several governors and senators from Southern states met this week at the Southern States Energy Board to discuss topics such as oil and gas development, nuclear energy legislation and Environmental Protection Agency regulations. Senator Lindsey Graham (R-S.C.)  and Governor Haley Barbour (R-Miss.) were among the participants who led the conversation on nuclear energy issues.

10_5_2011_GovBarbourGov. Barbour voiced his support for building another nuclear energy plant in Mississippi.

Candidly, we’d love to have another nuclear power plant. … We don’t have, ‘Not in my backyard.’ We have, ‘Please in my backyard.’

Gov. Barbour’s support for nuclear energy is not unfounded, as Mississippi’s Grand Gulf 1 nuclear energy plant makes up more than 17 percent of the state’s total electricity generation and 100 percent of the state’s total emission-free electricity. The state relies heavily on natural gas (54 percent), which can cause steep fluctuations on electricity prices for the state’s residents. In addition, Mississippi’s geographic region and weather conditions do not necessarily lend themselves to renewable energy sources (a problem among some other Southern states as well), which makes the continued development of nuclear energy an attractive option.

Sen. Graham at the meeting called for increased support from environmentalists in Congress on developing nuclear energy policies. There are several key issues he believes need to be addressed. Platts reports:

Nuclear regulations should be “streamlined,” he [Sen. Graham] said, saying that it takes twice as long to license and build a nuclear plant in the U.S. than it does in France. Utilities investing in large nuclear projects need to ensure that a lawsuit does not hold them up in the final year of construction.

And continued:

In addition, municipal- and state-owned electricity cooperatives that participate in nuclear projects should be allowed to transfer the tax credits they would have received to for-profit utilities, he said. That would allow Santee Cooper, the electric company owned by South Carolina, to transfer production tax credits it would have received from its new nuclear projects to investor-owned Duke Energy, Graham said.

More on the Southern States Energy Board can be found on their website.

Photo of Gov. Barbour at the Southern States Energy Board on Oct. 4, 2011. Credits: George Altman, Washington Bureau

Comments

Popular posts from this blog

An Ohio School Board Is Working to Save Nuclear Plants

Ohio faces a decision soon about its two nuclear reactors, Davis-Besse and Perry, and on Wednesday, neighbors of one of those plants issued a cry for help. The reactors’ problem is that the price of electricity they sell on the high-voltage grid is depressed, mostly because of a surplus of natural gas. And the reactors do not get any revenue for the other benefits they provide. Some of those benefits are regional – emissions-free electricity, reliability with months of fuel on-site, and diversity in case of problems or price spikes with gas or coal, state and federal payroll taxes, and national economic stimulus as the plants buy fuel, supplies and services. Some of the benefits are highly localized, including employment and property taxes. One locality is already feeling the pinch: Oak Harbor on Lake Erie, home to Davis-Besse. The town has a middle school in a building that is 106 years old, and an elementary school from the 1950s, and on May 2 was scheduled to have a referendu

Why Ex-Im Bank Board Nominations Will Turn the Page on a Dysfunctional Chapter in Washington

In our present era of political discord, could Washington agree to support an agency that creates thousands of American jobs by enabling U.S. companies of all sizes to compete in foreign markets? What if that agency generated nearly billions of dollars more in revenue than the cost of its operations and returned that money – $7 billion over the past two decades – to U.S. taxpayers? In fact, that agency, the Export-Import Bank of the United States (Ex-Im Bank), was reauthorized by a large majority of Congress in 2015. To be sure, the matter was not without controversy. A bipartisan House coalition resorted to a rarely-used parliamentary maneuver in order to force a vote. But when Congress voted, Ex-Im Bank won a supermajority in the House and a large majority in the Senate. For almost two years, however, Ex-Im Bank has been unable to function fully because a single Senate committee chairman prevented the confirmation of nominees to its Board of Directors. Without a quorum

NEI Praises Connecticut Action in Support of Nuclear Energy

Earlier this week, Connecticut Gov. Dannel P. Malloy signed SB-1501 into law, legislation that puts nuclear energy on an equal footing with other non-emitting sources of energy in the state’s electricity marketplace. “Gov. Malloy and the state legislature deserve praise for their decision to support Dominion’s Millstone Power Station and the 1,500 Connecticut residents who work there," said NEI President and CEO Maria Korsnick. "By opening the door to Millstone having equal access to auctions open to other non-emitting sources of electricity, the state will help preserve $1.5 billion in economic activity, grid resiliency and reliability, and clean air that all residents of the state can enjoy," Korsnick said. Millstone Power Station Korsnick continued, "Connecticut is the third state to re-balance its electricity marketplace, joining New York and Illinois, which took their own legislative paths to preserving nuclear power plants in 2016. Now attention should