Southern Company

IEEFA Research

IEEFA Report: Costly and Unreliable, Two Multibillion-Dollar American Coal-Gasification Experiments Prove the Case Against Such Projects

IEEFA Report: Costly and Unreliable, Two Multibillion-Dollar American Coal-Gasification Experiments Prove the Case Against Such Projects

‘Important and Painful Lessons’ in Southern Company’s Kemper Failure in Mississippi and Duke Energy’s Edwardsport Experiment in Indiana

Sept. 7, 2017 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report describing how coal-to-gasification technology for electricity-generation purposes remains commercially unviable. The report—“Using Coal Gasification to Generate Electricity: A Multibillion-Dollar Failure”—concludes that two long-running marquee American Integrated Gasification Combined Cycle (IGCC), projects, Duke Energy’s Edwardsport plant in Indiana […]

September 7, 2017 Read More →

More News and Commentary

Florida muni calls for cancellation of Vogtle reactor project

S&P Global Market Intelligence ($): The Jacksonville, Fla., municipal utility is ramping up efforts to exit a power contract tied to the Vogtle nuclear plant expansion, with JEA’s interim CEO calling on the project’s owners to vote against continuing construction at the venture. JEA is in a power purchase agreement, or PPA, with the Municipal […]

August 22, 2018 Read More →

IEEFA update: Vogtle nuclear reactor, a runaway project nobody needs

In announcing earlier this month that Southern Company was raising its subsidiary Georgia Power’s share of the already-too-expensive and long-delayed Vogtle nuclear project by $1.1 billion, CEO Tom Fanning increased the utility’s 45.7 percent stake in the plant to $8.4 billion. It seems a highly misguided move. While Fanning continued to defend the roughly 2,234 […]

August 17, 2018 Read More →

Georgia Approves Corporate Renewables Program With Southern

Atlanta Business Chronicle: The state of Georgia gave its blessing to fuel a new program that lets major corporate players buy renewable energy directly from Georgia Power. Google announced Tuesday that the state approved a partnership involving Walmart Inc., Target Corp., Johnson & Johnson, and Alphabet Inc., for a “first of its kind” program in Georgia that […]

April 11, 2018 Read More →
IEEFA Arizona: Perilous Talk of Turning Navajo Generating Station Into a ‘Clean Coal’ Plant

IEEFA Arizona: Perilous Talk of Turning Navajo Generating Station Into a ‘Clean Coal’ Plant

Cautionary Tales from Illinois, Indiana, and Mississippi

The history of coal-gasification experimentation for electricity production doesn’t bode very well for further efforts along those lines. In fact, it serves as a warning, specifically for stakeholders in a well-known aging coal-fired plant now being talked about in some circles as a candidate for just such an experiment. That supposed contender for coal gasification […]

March 29, 2018 Read More →

Underperforming U.S. Utility CEO Devoted to Coal and Nuclear Remains Buoyant

Bloomberg News: Tom Fanning is the only energy executive in America willing to bet billions on nuclear power. The chief executive officer of utility giant Southern Co. is renowned for his boundless optimism, which he generously spreads around. He’s chair of the Federal Reserve Bank of Atlanta, co-leader of one industry group and a former […]

December 12, 2017 Read More →
IEEFA Report: Costly and Unreliable, Two Multibillion-Dollar American Coal-Gasification Experiments Prove the Case Against Such Projects

IEEFA Report: Costly and Unreliable, Two Multibillion-Dollar American Coal-Gasification Experiments Prove the Case Against Such Projects

‘Important and Painful Lessons’ in Southern Company’s Kemper Failure in Mississippi and Duke Energy’s Edwardsport Experiment in Indiana

Sept. 7, 2017 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) today published a report describing how coal-to-gasification technology for electricity-generation purposes remains commercially unviable. The report—“Using Coal Gasification to Generate Electricity: A Multibillion-Dollar Failure”—concludes that two long-running marquee American Integrated Gasification Combined Cycle (IGCC), projects, Duke Energy’s Edwardsport plant in Indiana […]

September 7, 2017 Read More →

On the Blogs: Energy Companies in Georgia and South Carolina ‘Whistling in the Dark’ on Nuclear Energy Debacles

Wamsted on Energy: The nuclear morass that has ensnared utility executives, state regulators, and legislators in South Carolina and Georgia shows no signs of easing its grip. Southern is set to decide soon whether its Georgia Power subsidiary will seek to complete Vogtle 3 & 4 even though the total cost for the much-delayed nuclear […]

August 30, 2017 Read More →

Layoffs at Mine That Supplied Costly Kemper ‘Clean Coal’ Experiment

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 […]

August 11, 2017 Read More →

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 […]

August 4, 2017 Read More →

Costs for Struggling Vogtle Nuclear Project Top $25 Billion in New Estimate

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 […]

August 3, 2017 Read More →