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Associated Press: The company that supplies lignite coal to Mississippi Power Co.’s Kemper County power plant says it will lay off 75 workers at the mine. It’s the latest fallout from the suspending the part of the plant that was supposed to gasify coal and remove pollutants. Mississippi Power has said it could lay off […]
Karl Cates
U.S. Nuclear Industry Reconsiders Expansion; Utility Exec Sees Less Risk in Turbine Farm Than Coal; Keystone XL Doesn’t Pencil Out Anymore
It’s de rigueur anymore for energy companies across the board to play up their clean-energy commitments—actual or just advertised—but executives at American Electric Power put some of their money where their mouths were in announcing intentions last week to invest $4.5 billion in the new Wind Catcher farm in Oklahoma. AEP’s logic is rooted in […]
Atlanta Journal Constitution: The full price of expanding Plant Vogtle has swelled to more than $25 billion and the project has slipped further behind schedule in the wake of a key contractor’s bankruptcy, according to estimates disclosed Wednesday by Southern Company. The Atlanta utility hasn’t made a decision about whether the troubled nuclear expansion should […]
Bloomberg News: With a multibillion-dollar nuclear project in South Carolina dead, the fate of America’s nuclear renaissance now rests on one utility: Southern Co. Scana Corp. dropped plans for two reactors Monday, leaving the two that Southern is building at the Vogtle plant in Georgia as the only ones under construction in the U.S. And […]
David Schlissel
Reverberations in Decision on V.C. Summer Project; Similar Reactor Construction in Georgia Is at Risk; Implications for India's Ambitions
Hindsight being 20/20, it’s clear that the developers of the V.C. Summer nuclear-energy project in South Carolina had no choice but to pull the plug on the project, as they announced yesterday they had done. Reasonable foresight would have better served ratepayers of South Carolina Electric & Gas Co. as well those of Santee Cooper, […]
Peter Maloney in Utility Dive: The problems stemming Southern Co.’s troubled investments in its Kemper integrated gasification combined-cycle (IGCC) project in Mississippi and its Vogtle nuclear project in Georgia just continue to grow. In addition to the Southern’s recent decision to end work on the gasification units at Kemper and run the plant as a natural gas […]
Sandy Buchanan
Mississippi Regulators Say Enough is Enough; Kemper Plant is One of Long Line to Chase the Clean Coal Myth
Long overdue news broke last week that that the Southern Company will no longer burn coal at the Kemper County “clean coal” plant. Mississippi regulators had told the company they would no longer allow a blank electricity ratepayer check for construction of the plant. In chasing the myth that any new coal-fired power could become […]
Russell Grantham for the Atlanta Journal-Constitution: Southern Company said it injected $1 billion in additional capital into its Mississippi subsidiary after it decided last week, under pressure from state regulators, to pull the plug on a troubled “clean coal” plant. The Atlanta utility holding company’s shares have dropped about 7 percent since the Mississippi Public […]
David Schlissel
Red Flags Ignored in Long Run-up to Power Plant Debacle
Call it what you will: fiasco, debacle, calamity, misadventure. But not a surprise. Georgia-based Southern Company and its regulators in Mississippi were warned years ago that the experimental and now infamous “clean coal” Kemper power plant project was a shot in the dark. They kept at it anyway, pushing the price tag to $7.5 billion, […]
Bloomberg News: A first-of-its-kind “clean coal” power plant that utility owner Southern Co. spent years constructing in Mississippi may end up burning no coal at all — and instead just run like a natural gas generator. After years of delays and billions of dollars in cost overruns, Mississippi regulators on Wednesday called on Southern to […]
IEEFA Update: Something in the Wind
U.S. Nuclear Industry Reconsiders Expansion; Utility Exec Sees Less Risk in Turbine Farm Than Coal; Keystone XL Doesn’t Pencil Out Anymore
It’s de rigueur anymore for energy companies across the board to play up their clean-energy commitments—actual or just advertised—but executives at American Electric Power put some of their money where their mouths were in announcing intentions last week to invest $4.5 billion in the new Wind Catcher farm in Oklahoma. AEP’s logic is rooted in […]