Energy

South Carolina is one of the fastest growing states in the nation, and our energy infrastructure needs serious modernization to keep up with demand. We're on the precipice of an energy crisis if we don't make smart moves now. But we have to do it in a way that keeps energy affordable for consumers. For years, South Carolinians have paid some of the country's highest energy rates. Each month rate-payers foot the bill for years of a stagnant, monopoly-run energy status quo. It’s time to open up South Carolina’s energy markets to the power of competition and break up inefficient, expensive energy monopolies. With a wholesale energy market, we can make our energy system more efficient, competitive and reliable for decades to come.
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The Latest

Blog
December 26, 2025

Strong Policy Wins in 2025, Even More Momentum in 2026

Wendy Damron, CPA

What a year 2025 has been for the state of South Carolina! With a 2026 election cycle well underway (including a series of Statehouse special elections in recent days) and a busy initial year of the two-year legislative session, there has been no shortage of political activity. As we prepare for the 2026 legislative session, we would like to take a moment to reflect on the impact Palmetto Promise Institute has had on

Blog
December 17, 2025

Commentary: A commonsense energy solution for SC

Oran P. Smith, Ph.D

This op-ed by Dr. Oran Smith and Michael Wright was published in the Post and Courier. From families to industries, everyone wants a piece of what the Palmetto State has to offer. As South Carolina continues to grow, we must identify sustainable energy solutions to mitigate an increasingly strained electricity supply while keeping rates affordable,

Blog
September 18, 2025

Pending Lawsuit Could Unleash American Energy Innovation and Lower Your Power Bills

Felicity Ropp

Does the federal Nuclear Regulatory Commission (NRC) have the power to regulate emerging nuclear technologies like Small Modular Reactors (SMRs)?  That is the question being posed in a new lawsuit brought against the NRC by several nuclear technology companies in cooperation with the states of Texas, Utah, Louisiana, and Florida, as well as the Arizona

Blog
August 6, 2025

BMW’s Energy Program: Clues to Breaking the Generation Monopoly?

Annika Boeh

BMW’s massive Spartanburg plant has something special under the hood. Powering its plant includes a system that reduces reliance on an already overtaxed energy grid. So why have you never heard about it? And more importantly, is it just a virtue-signaling venture, or is it a small glimpse into the future of independently produced power

Blog
June 24, 2025

Too Hot to Handle: Heatwave Puts SC’s Power Supply to the Test

Felicity Ropp

If your thermostat is currently set to “Antarctica,” utility companies have a favor to ask: maybe bump it up to something closer to “cool breeze.” As South Carolina faces a brutal heatwave this week—with heat indexes hitting triple digits across much of the state—the pressure on our power grid is hitting new highs. On Monday,

Blog
May 27, 2025

RELEASE: Beyond Policy Podcast Hosts Roundtable Discussion on South Carolina’s Energy Future – Featuring Congresswoman Sheri Biggs

MAY 27, 2025 FOR IMMEDIATE RELEASE COLUMBIA, SC — In a very special episode of the Beyond Policy Podcast released today, Palmetto Promise Institute hosts a roundtable discussion focused on the energy landscape in South Carolina, highlighting the state’s growth, the challenges faced by the nuclear energy sector, and the importance of energy in both

Blog
April 28, 2025

REPORT: Cooperation & Competition – The Case for an Energy Imbalance Market in South Carolina

Jennifer Buckley

South Carolina’s electricity market is at a crossroads. Composed of utilities operating under a vertically integrated model with limited competition, the state faces growing pressure to reduce costs, find new generation, and ensure long-term grid reliability. While efforts like the Southeast Energy Exchange Market (SEEM) have introduced modest reforms among a subset of utilities in

Blog
April 21, 2025

We’ve Sparked Legislative Momentum for SMRs in SC!

Jennifer Buckley

At Palmetto Promise, we believe in the power of ideas backed by strong policy research. That belief was put to the test and proven true when our July 2024 report, Small Modular Reactors: An Answer to South Carolina’s Energy Crisis, helped lay the groundwork for a major bipartisan breakthrough in Columbia.  In recent months, both

Blog
March 27, 2025

Bring Georgia’s Best Electricity Market Innovation to South Carolina

Jennifer Buckley

Energy policy has long been a balancing act between market competition and regulatory oversight. Traditionally, South Carolina’s electricity market has been dominated by vertically integrated, monopoly utilities that control all three aspects of the power system—generation, transmission, and distribution. So, the Palmetto State has leaned toward regulation. But a relatively simple and proven reform is