Economy
The Jocassee Hydro Station, owned by Duke Power, in between Lake Jocassee and Lake Keowee, is a 610 megawatt pumped storage facility. Also, just off the Whitewater River, Bad Creek Hydroelectric Station is a 1,065 megawatt pumped-storage facility that started generating electricity in 1991 and is also owned by Duke Power. Both facilities provide jobs for the surrounding area.
Read more about this topic: Lake Jocassee
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)