September 15, 2024
Energy

Week in review: S.C. Senate panel gets early start on 2025 energy bill


A special S.C. Senate panel charged with finding a path forward from the wreckage of last session’s failed energy bill convened for the first time Aug. 22 to take sworn testimony from representatives of the state’s three major power utilities. 

The story that the utilities told committee members was simple: South Carolina is currently the nation’s fastest-growing state with new residents and industries arriving every day. And with the Palmetto State’s coal-fired plants set for retirement due to federal environmental regulations, the power companies need a “streamlined” regulatory process that allows them to bring new power-generating capacity online quickly.

“Growth is here and more, much more, is coming,” Duke Energy executive Mike Callahan told the committee. “We need a clear and effective energy policy to plan for that growth.”

Of particular concern, they said, is the explosive growth of power-hungry data centers, which Callahan said are expected to represent one-quarter of Duke’s Palmetto State projects in 2028.

“Let’s be frank, some people like [data centers], some do not,” he said. “However, Duke Energy must be agnostic as we have an obligation to serve every customer that comes to our service territory.”





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