From the notebook of business editor Tim Rausch

Record cold sends power use surging for SCE&G

Interesting that really cold can set power records just like really hot.

 

Record cold temperatures across South Carolina helped SCE&G to hit a record for electricity consumption.

 

On Jan. 7, consumers used 101,118 megawatt hours of electricity over 24 hours. The previous high mark of 98,785 megawatt hours was set Aug. 10, 2007. It was more than 100 degrees outside that day.

 

South Carolina Electric & Gas has 675,000 customers setting those records.

 

Be interesting to see if the cold record makes its way into the corporate earnings narrative.

 

TAG, YOU’RE IT: The Technology Association of Georgia – ahem, TAG – is taking applications for the 2014 Top 40/Top 10 Innovative Companies in Georgia and is urging applications to come from Augusta.

 

According to the organization, there should be plenty of companies to nominate. It says the Augusta metro area has experienced the second highest growth in Georgia for a technology sector.

 

“The Augusta metro area has a tremendous ecosystem that fosters innovation in the technology sector,” said Scott Poag, project manager at the Augusta Economic Development Authority. “Recent announcements such as the U.S. Army relocating the Cyber Security Headquarters to Augusta is a testament to what already exists and what is yet to come.”

 

The top innovation companies will be asked to present at the 2014 Georgia Technology Summit, which will be held March 26 in Atlanta. Applications to TAG need to be in by Feb. 7.

 

SCUTTLEBIZ TWEETS:

  • The president/chief operating officer of Augusta-based NutraSweet Co. has been named the company’s chief executive. 
  • Extended stay hotel planned for Marks Church Road in Augusta. 
  • Tognum America Inc. changes its name again – MTU America – putting MTU back in the moniker.

 

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