Total Pages: 22
Table Of Contents
- Key Takeaways
- Project Overview
- Marine Facility Design and Layout
- EPC Cost & Schedule Analysis
- Additional Due Diligence Questions
- Concluding Thoughts

Commonwealth LNG: A Detailed Look At Calcasieu’s Noisy Neighbors
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W|EPC: Future Of Transportation – Ranking & Evaluating Alternative Fuels – H2 ∙ BEV ∙ Methanol ∙ CNG Hybrid ∙ Ethanol ∙ Ammonia ∙ Diesel ∙ Biofuels 1) Alternative Fuel Analysis…Will History Repeat Itself? In 1992 & 2005, the Department of Energy (DOE) created & amended the Energy Policy Act (EPA) that addressed fuel research and tax benefits for vehicle manufacturing. Battery Electric Vehicles (BEV), Hydrogen (H2), Hybrids, Biofuels, Ethanol and Methanol were analyzed in 2005, but vehicle manufacturers supported gasoline hybrid vehicles due to technology and production constraints. Since then, fuel cell technology and global, federal, & state emission guidelines have accelerated innovation and the market is now actively deciding transportation alternatives. 2) Small Vehicle Applications: BEV have taken a leading role in the small vehicle category with minimal competition from Hydrogen. Hydrogen’s price, lack of infrastructure, and safety concerns highlight the risk associated with new fuel applications; however, Methanol may have an opportunity to fill this role.
W|EPC: Southern Company (SO) – Vogtle Nuclear Expansion – Q420 Project Monitor – Key Questions That Could Haunt Cost Prudency
Key Takeaways: Vogtle Q420 Monitor – Key Decisions That Could Haunt Cost Prudency
• Who Will Be Getting Stuck With +$2.1B In Cost Overruns? Once Vogtle Unit 4 reaches “fuel load”, Georgia Power/Southern Company (GP/SO) can request a cost prudency determination to push their portion of cost overruns (~$2.1B) into recoverable utility rates. (Page 4)
Regulators will determine cost prudency based on project data, testimony, and a simple question: What should a reasonable manager have done at the time of the decision? (Page 5)
• We expect that process to be heavily scrutinized considering the scale of the overruns, and, in our opinion, some questionable GP/SO decisions. (Pages 4-5)
• Decisions That Could Haunt GP/SO’s Prudency. We believe there’s a case to be made that multiple GP/SO management decisions ran contrary to industry standards, potentially contributing to ($) billions in cost overruns, including
o A failure to either include or implement multiple EPC contract……(Page 7)
o For the first 4-years of the project, GP/SO used only…..(Page 23)
o In 2017, it appears GP/SO did not validate critical underlying EPC…..(Pages 9- 10)