CREDIT: TVA

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Scott Banbury of Sierra Club Tennessee

A well-known Memphis environmental activist is leery of a proposal for Memphis to buy its power from a currently incomplete Alabama-based nuclear plant.

The proposal for Memphis to switch from the Tennessee Valley Authority (TVA) to the Bellefonte nuclear plant in Hollywood, Alabama, was presented to a Memphis City Council committee on Tuesday by former COO for TVA Bill McCollum, who is now with the group Nuclear Development LLC. McCollum said that the switch could save Memphis $487 million annually.

Currently, Memphis Light, Gas and Water (MLGW) pays TVA $1 billion a year for electricity. Urging the council not to approve MLGW rate increases, McCollum told the council that โ€œthere is a better way to improve infrastructure and help the citizens of Memphis rather than just raising the utility rates and saddling customers with higher bills.โ€

But, Scott Banbury, the conservation programs coordinator for the Tennessee chapter of the Sierra Club, is skeptical of the proposal. He called it a โ€œfinancing scheme,โ€ in an email to the Flyer, saying that Nuclear Development is a โ€œself-interested investor.โ€

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โ€œNuclear Development, LLC has been disingenuous, at best, suggesting that they could lower MLGW ratepayersโ€™ fees by one half,โ€ Banbury wrote. โ€œNuclear Development, LLC has no real idea of what their final costs will be, and as evidenced by recent experiences in Georgia and South Carolina, the costs and subsequent rates would eventually be much higher.”

TVA

Bellefonte nuclear plant


Of the study MLGW president J.T. Young said the utility is conducting on infrastructure needs and energy options for the future, Banbury said he hopes MLGW is looking at โ€œclean, renewable energy sources like solar and wind power to meet our future demands.โ€

โ€œMLGW CEO J.T. Young is appropriately cautious about wedding Memphis to Nuclear Developmentโ€™s pie-in-the-sky pursuit of new nuclear power plants when other such ventures are failing all around us,โ€ Banbury said. โ€œSierra Club is glad that MLGW is pursuing the study of alternate energy providers.โ€

Banbury suggests that MLGW invest in renewable energy options, which would โ€œsignificantly reduce costs to MLGW ratepayers and unburden Memphis from financial responsibility for TVAโ€™s bad choices in the past.โ€

The “bad choices,” Banbury said, result in unlined toxic coal ash ponds along rivers throughout the state. He adds that one of those ponds is here in Memphis and is leaking arsenic, lead, and flouride into the groundwater.

Banbury also said that MLGW should break its contract with TVA that bars the utility from making direct investments in local solar generation, contracting windpower from the midwest, and developing substantial energy efficiency.

โ€œMemphis needs to embrace a broad based supply of clean energy โ€” solar, wind, and efficiency โ€” and not be locked into sole reliance on dirty fossil fuels or nuclear energy,โ€ Banbury said. โ€œSierra Club says yes to breaking with TVAโ€™s 100 percent requirements, yes to embracing renewable energy, and no to nuclear energy.โ€