Somebody is willing to read the sunshine writing: Renewables are Winning, Nukes are Dead and Coal is Crashing, as Kathleen Rogers and Danny Kennedy wrote for EcoWatch 14 Dec 2012.
Coal is dead. Nuclear is going down. Solar will eat the lunch of utilities that don't start generating it.
Can Georgia Power and Southern Company (SO) read that handwriting on the wall? They can't fight Moore's Law, which has steadily brought the cost of solar photovoltaic (PV) energy down for thirty years now, and shows no signs of stopping. This is the same Moore's Law that has put a computer in your pocket more powerful than a computer that cost hundreds of thousands of dollars in 1982 and was used by an entire company. Solar PV costs dropped 50% last year. Already all the new U.S. electric capacity installed this September was solar and wind. As this trend continues, solar will become so much more cost-effective than any fossil or nuclear fuel power that nobody will be able to ignore it.
Rogers and Kennedy explained this phenomenon:
The seismic shift in how we all use cell phones and mobile technology to access the internet almost snuck up on the incumbent technologies and the monopolies that made money selling us landline telephones and a crappy service. Now, we’re all using apps on smartphones all of the time. So too, the shift to a scaled, solar-powered future built around the modular technology at the heart of solar power—the photovoltaic solar cell—will come as a surprise to many. We call it the solar ascent, and it is happening every day in a million ways.
Will SO and Georgia Power continue to prop up that 1973 legal wall that inhibits solar financing in Georgia? Companies and even economic development authorities are starting to find ways around it, and of course there's Georgia Solar Utilities (GaSU) trying to wedge into the law as a utility. After Hurricane Sandy, rooftop solar for grid outage independence has suddenly hit the big time (Austin Energy caught onto that back in 2003). The U.S. military got solar and renewable energy back in Afghanistan and are now doing it bigtime everywhere.
SO and Georgia Power can try to ignore