ML20078G323
| ML20078G323 | |
| Person / Time | |
|---|---|
| Site: | Vogtle  |
| Issue date: | 01/12/1995 |
| From: | Zary B SOUTHERN COMPANY SERVICES, INC. |
| To: | |
| References | |
| OLA-3-I-090, OLA-3-I-90, NUDOCS 9502030067 | |
| Download: ML20078G323 (5) | |
Text
I Dec. I1.1989 1 - 90' l
Vol.1. No. 22
.4 Spopsis 1 l
For nuclear employees in the Southern electric system Of. h a o u w...
Farley updates SONOPCO Project status During a March interview When initial discussions What is the state of your I
with system publication with Oglethorpe Power were
- j*
id F. Sta editors Joe Farley, not successful. The Southern I believe that there is a posit 2ve executive vice president-Company filed an ofHeial attitude on the part of all parties nuclear. The Southern response to Oglethorpe concerned. We now have a single-j Company, discussed the Power's petition.
ness of purpose in getting some-l pending approval by the Recent discussions.
thing done and are making Securities and Exchange however, proved more fruit-progress toward the formation of Commission (SEC) to create ful. Oglethorpe Power's Southern Nuclear Operating Southern Nuclear Operating intervention is still pending.
Company.
Company as a subsidiary of but there is optimism that Oglethorpe Power is supportive The Southern Company.
the SONOPCO Project is of the concept and is working At that point. SEC finally getting closer to dis ussion opproval had been delayed incorporation.
agreement that will be satisfac-l by an intervention by In a Nov.15 interview, tory for all co-owners.
Oglethorpe Power Corp.,
Farley provided an update The key question involves the hich owns 30 percent of on the status of the nature of the contmetual arrange-Plant Vogtle and 30 percent Southern electric system's ment that would exist between of Plant Hatch.
interim nuclear Oglethorpe Power. Georgia Power, organization, the Municipal Electric Authority of Georgia (MEAG) and the City of Dalton Ga.. as co owners of plants Hatch and Vogtle and 4e 4.o t..
Southem Nuclear.
a e
bj Ikh.. k become a company overnight. but The SONOPCO Project will not u
.h i
we have moved off dead center in f.
' *4,,.g ~
p p
our discussions with Oglethorpe 4
G Power, the only intervenor before the SEC.
b ',
L T
Do you have a time frame for y,..,"'I.'
the SONOPCO Project's becom-t ing a company?
I want to point out that the rumor that the SONOPCO Project will become a company in 60 days isjust that-a rumor. It might have grown from a recent decision to prepare the budget for 1990 as if the project were a company.
Some people took that to mean O
that the project would be a company on Jan.1,1990. That's probably how the rumor got started.
- ' N*
~
92 PROJECT
. Joe Farley 072338 9502030067 950112 PDR ADOCK 05000424 C
L.
C PDR Exhibit M,page-l Of
l 4
O O
NUCLEAR REGULATORY C0f&liSS!ON p yt -0LA-3 4
DXLct N3 50 4 2 5 -00 ~3 (7,
..! r C1 No.
bO d A __hh yr.._ C +$
6+2 in tie rn !, e sta
/
1' I
IW n'___..
tr;; rt.- er V
i Cony Lu contiactr>r DJt
/-(1
'lS r
Otner v,%3 Reporter 4 M h* r
e 4
o) Farley explains steps needed
("
to complete the organization
--continued from front remain with their respective The ultimate goal of creating Southern Nuclear is to strengthen The truth is that even if we had owner companies-Georgia Power an agreement on everything or Alabama Power. For that the system's position in the tomorrow. I don't think the situation to change it would need marketplace, and then to further that compettuve edge" by selling to be addressed through project could become a company our services.
in 60 days. Approval from the negotiations with the Southern Nuclear is good for SEC would still take some time.
Intemational Brotherhood of the Southern electric system right What are the steps that need Electrical Workers, now because it has streamlined to be taken to complete the I'd like to emphasize that the nuclear organizauon and is Southem Nuclear would not own
- nere are two phases, and the the nuclear plants, nor would it doing a good job of managing the orgs'-ization?
11rst one involves the creauon of sell electricity that is generated at system's considerable nuclear assets.
the corporauon and the unifica-the plants. Alabama Power and in closing. I d hke to say that I tion of the corporate headquarters Georgia Power (with Georgia plant think the outstanding efforts of al group in Inverness Building 40 as co-owners) will retain ownership employees of a single company, of the Farley. Hatch and Vogtle nuclear employees-in Building 40 and at the plants-have been r When the project becomes a plants.
company, line responsibility will What else is going on key factor in the significant remain with Alabama Power and regarding the status of the progress made during the past Georgia Power, in accordance SONOPCO project?
year. Plant performance has been
~
with the terms of the plant Farther down the road is a greatly enhanced and the whole licenses. However. I envision that possible third phase for Southem process made more economically shortly after the creation of the Nuclear. If the company does a effective. I realize that we are all frustrated from not having a corporation, everybody working in good job of managing the system's corporate idenuty, but we have a !
Inverness Building 40 would wear nuclear plants. It can consider a Southern Nuclearjersey, so to marketing its services elsewhere unity of atutude. I think everyone i j
speak, even though some would around the country. This, obvi.
has done a fine job.
i I
l still have a line-management ously is an exclung possibility As progress is made toward relauonship with Georgia Power because it would profit the entire incorporauon. Til do my best to j
keep everyone informed.
i and Alabama Power through the system.
Vogtle. Hatch and Farley projects.
The second phare is the transfer of the plant licenses by SONOPCO Project: significant events the Nuclear negulatory Commission (NRC) from Alabama Securities and Exchange Power and Georgia Power to May 1988 Southern Nuclear. This would The system boards of Commission (SEC) to create the directors approve the fonnauon company. Oglethorpe Power involve working with the of a nuclear subsidiary.Tlie Corp., which owns 30 percent co-owners of the Georgia plants-Southern Company announces of Plaht Vogtle and 30 percent Oglethorpe Power. the City of plans to form Southern Nuclear of Plant Hatch. intervenes in Dalton and MEAG. Transferring Operaung Company to provide the matter and asks the SEC to the licenses shouldn't be a problem. If we can get together on management for the six nuclear delay its ruling until several of units in the Southem electric Oglethorpe Power's concerns incorporauon, we should be able to get together on the license system. The objecuve in are addressed.
transfers. and I do not think the establishing the subsidiary is October 1988 NRC will be opposed.
to create a single-purpose Nuclear management and organization to enhance safety support staffs of Alabama A
After the licenses are trans.
(
ferred. plant employees-except and performance at the Power and Georgia Power are for bargaining unit personnel--
system's nuclear plants.
located at Invemess Building June 1988 40 in Birmingham.
would become Southem Nuclear j
The Southem Company employees. "Ihe bargaining unit requests approval from the 92 PROJECT employees at each plant would 072339 2
k
=
Exhibit
,page Of
.&a.
O O
O i
I t
O
December 28.1990 Vol. II. No 24
)
O
(
lO
~
\\
i For nuclear employees of The Southem Company Southern Nuclear incorporates; i
board of directors eledts' officers Southem Nuclear Operating Company incorporated on Dec.17
'4 as a wholly owned subsidiary of "Ihe Southem Company. De new q
,q j
z' subsidiary will provide manage-ment and technical services for l
the nuclear power plants in the
, p Southern electric system.
The three nuclear plants repre-I sent an investment of more than l
[
$7 billion and comprise about 30 percent of"Ihe Southem Company's total assets.
J Members of the Southem j
Nuclear board of directors are
]
Edward L Addison. president of j
The Southem Company; Elmer B.
Hams, president of Alabama a
l Power: A.W. Dahlberg. president l
of Georgia Power: H. Allen i
Franklin, president of Southem Company Services: Joseph M.
Farley. president and chief execu-tive officer of Southern Nuclear.
(
and R. Patrick Mcdonald, execu-I tive vice pres! dent of Alabama Power. Georgia Power and j
Southem Nuclear.
i l
At its first meeting on Dec.18.
the board of directors elected the i
I officers of Southem Nuclear. The officers are Farley: Mcdonald:
W. George Hairston III, senior vice president: J. Thomas Beckham Jr., vice president: C. Kenneth McCoy, vice president: Jack D.
Woodard, vice president: 14uis 1
i B. long, vice president: Charles D. McCrary. vice president: John 4
O. Meier, secretary: Robert M.
j Gilbert Jr.. comptroller and treas-i urer: E. Wayne Boston, assistant j
92 PROJECT treasurer and assistant secretary:
1 072340 and F.D. Kuester, assistant treas-f urer and assistant secretary.
?
Joseph M. Farley. president and chief executJve officer of r.outhern See SOUTHERN, page 2 Nuclear Operating Compaay.
N,page 3 l
Exhibit of
Page 2 e
O Southern Nuclear becomes company
- continued from page 1 Plans are for all employees working in Inverness Building 40 in Birmingham, along with head-T' O
quarters personnel in Safety and A
u Health. Procurement, and Safety Audit and Engineering Review to InCO Orat10D located at plants Farley. Hatch ud rn clea on I*
he idea of a nuclear subaldiary of he Southern Company 1991' dates back to February 1987, when %e Southern Company Farley sald that a transition fomed a task fome to plan for the futurr.Re task fon:e plan has been developed to help appointed a committee to study nuclear operations and national ensure that the ofncial move to trends in the nuclear power industry.
Conclusion:
formation of a the new organization will be nuc! car company would offer major benefits.
accomplished in an orderly In May 1988, the boards of directors of #ahamn Power, fashion. Initially. Alabama Power Georgia Power and he Southern Company approved formation of and Georgia Power will retain the a nuclear company.
operating licenses for our nuclear in June 1988, those companies requested Securttles and plants. he explained. *With nec-Exchange Commission (SEC) approval to form Southern Nuclear El o
Po er Corp., which owns 30 percent of Plant Hatch d co o rs, o ern Nuclear plans to become the and 30 percent of Plant Vogtle. Intervened in the matter and licensed operator - carrying out asked the SEC to delay its ruling until several of Oglethorpe l
r all the responsibiliues related to Power s concerns were addressed.
p\\'j nuclear power operations.-
On Nov. 27,1990, in}a letter filed with the SEC, Oglethorpe Farley pointed out that Power withdrew its objectjon to approval of the application to Alabama Power and Georgia f a S uthern Nuclear.
Power will retam their current On Dec.14.1990, the order from the SEC to form the new ownership of the Farley. Hatch Company was Ircetved. _
g.
and Vogtle plants. The e*cpense of On December 17. Southern Nuclear was in,corporated.
owning and operating these facill-4,,,.g.;ggggy
. j.4--g ties will remam subject to regula-
-.v.
&c u.t h d$.
i d 1-ihy.h tion by the respective state public U,;
J.kghI service commissions in Alabama 51 and Georgia.
92 PROJECT h
072341 O
Cynopsis is published twiec monthly by the Public Affairs Department of the SONOPCO Project. Barbara Zary, editor.
Address correspondence to Din B-032. Birmingham.
9'O,page 9 of N Exhibit