Mississippi Power

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IEEFA Update: Kemper, Edwardsport, and ‘Clean Coal’

Construction Delays and Budget Overruns; Productivity Problems; High Operating Costs

If the “clean coal” integrated gasification combined cycle (IGCC) technology promoted at home and abroad by the U.S. utility industry sounds too good to be true, it’s because it is. That’s why Moody’s Investors Services warned the other day that it might downgrade the credit of Mississippi Power Company because of the declining competitiveness of […]

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On the Blogs: Operating Costs for Kemper Plant Going Up by 288 Percent

By Steve Wilson for MississippiWatchdog.org: When talking about the Kemper Project clean coal power plant, it’s easy to get hung up on the plant’s capital costs, now up to nearly $6.9 billion. Like an iceberg, there is a cost category lurking below the surface that could add up to even higher utility bills for Mississippi Power’s 186,000 customers in […]

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Carbon Capture ‘Too Costly’

Tracy Samilton for Michigan Public Radio: Much hope has been placed on a developing technology known as carbon capture and sequestration (CCS). The idea is to extract the carbon before it’s emitted from smokestacks, compress it, and store it underground. That could allow humans to keep using coal, without further loading the atmosphere and oceans […]

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Partner Backs Out of Mississippi Coal-Gasification Project

From Brad Kessie at WLOX: A decision by South Mississippi Electric adds even more financial instability to the cloud hanging over Mississippi Power’s Kemper County lignite plant. Board members with South Mississippi Electric’s 11 cooperatives no longer have an interest in purchasing a 15 percent stake in the Kemper County facility. Their reason for breaking […]

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