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Ted to the Rescue: Turner, Southern to Let the Sun Shine In

By Kathleen Davis
January 26, 2010   |   6 Comments

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6 Reader Comments
Comment
1 of 6
January 27, 2010
The announcement certainly was short on details wasn't it? I think business, rather than activism is at the core of the deal, which explains the timidity of his quote compared to his thoughts on global warming in the past. I would be willing to bet that Turner will be leasing a lot of his land for solar, wind and transmission projects.
Comment
2 of 6
January 29, 2010
I KNOW Ted Turner's heart is in the right place. The man walks the walk, and if you ever met his daughter Laura, or see the buildings he's built, he's embraced environmentali conservation long before it was trendy.

If SoCo were serious about renewables they'd do a project in their own back yard. Using Ted's money for on the job training in a place where there is the most sun, utility grade projects and expertise in the world makes it sound like they are afraid of demonstrating to customers that renewable energy works and it would set a 'bad example'. There was nothing in the agreement that commits them to solar.

For SoCO, cutting down trees on their stockholders land, trucking them to a plant and burning them is all the renewable strategy they need. David Ratcliffe's senior execs go to PSC and other meetings saying things like "You will pry coal from our cold, dead fingers". and "We don't have the right kind of sun in the Southeast". Dave's hedging his bets in case the EPA starts coming down hard on CO2. Decentralized co-generation scares the daylights out a company that has had its way politically for a century. Atlanta and Birmingham are rated the most toxic cities in the US. Beware, Ted. Don't let them compromise or dilute this project into failure. Get some advice from PG&E and other utilities who live and breath renewables.
Comment
3 of 6
January 29, 2010
We should look at the economics of the transformation to solar power as a plus, not a minus. The fact is that only when the pocket books of billionaire's get involved in solar will it reach its full potential. Ted Turner is doing us all a favor getting large utilities like SOCO to turn this corner. PG&E might seem like a paragon of virtue compared to other large utilities that still hang onto dirty coal, but it does not seem that way to solar residential customers like myself who have had to overcome PG&E obstacles and who still endure the insult of having their solar surplus confiscated every year by this very needy company instead of having them pay for it like they should.
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Comment
4 of 6
Anonymous
January 29, 2010
I agree that Ted Turner's heart is correctly placed in renewables, but we have to stop a bit short on his idea to partner with a firm that is NOT building renewables in it's own backyard. In fact, it is doing so elsewhere via it's unregulated subsidiary to keep competition out of the Southern territory. Every study on renewables concludes the only renewables for the Southest right now is biomass and I find it strange how the Southern subsidiary buys and develops proejcts in North Carolina, Texas and now the Southwest. It serves their need for renewable energy credits, but by sucking them out of other states and projects elsewhere. I know all of the arguments about being an independent power developer in your own backyard, but that doesn't hold water since I lived through that for over 20 years as a successful developer in a parent utility franchise area as an unregulated entity and competitor. Ted, develop in Southern's territory and see how they treat you.
Comment
5 of 6
January 29, 2010
Expect big dogs to behave like big dogs; put a juicy T-bone in front of them and they'll jump on it every time. Renewable energy enthusiasts should welcome the announcement of Ted and Soco but understand it for what it is: Suitable PR (esp. for Soco) and positioning for what might be a profitable endeavor. RE's growth will really take off when entrepreneurs and large energy companies believe they can make money from it. As Hal Bernton writes in the introduction to the just released, new edition of the classic, definitive history of ethanol fuel (The Forbidden Fuel: A History of Power Alcohol): "...as oil production wanes and temperatures rise, it appears certain that we will move by century's end into the post petroleum world." Ted Turner and Soco, like many other entrepreneurs and energy companies may believe that too and want to be positioned. Nothing unexpected about that. That's how our system works. Big dogs like juicy T-bones.
Comment
6 of 6
February 5, 2010
I still think y'all are giving Teddy an awful lot of altruistic credit. The man is a brilliant businessman, but he's a shark. And very risk adverse. (There was a delightful "New Yorker" article about this trend, mentioning him a few weeks ago.) He's crafty, and very good at not contributing out of his own pocket for business deals. It's how he bought his first TV station. It's how he bought the Braves. I just really think he has an angle he's playing close to the vest that will pan out in a similar format. I don't trust that this is really all about saving the world, or, in more Ted-form, keeping us from devolving into cannibals.
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Kathleen Davis

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About: Kathleen Davis is senior editor with POWERGRID International magazine and Electric Light & Power magazine (online at www.power-grid.com). Additionally, she serv... more »

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