Southern Company

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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 →

Doubts in Georgia Over Whether the Only Remaining U.S. Nuclear Energy Project Will See Completion

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 […]

August 2, 2017 Read More →
IEEFA Update: The U.S. Nuclear Project Cancellation Announcement Heard ’Round the World

IEEFA Update: The U.S. Nuclear Project Cancellation Announcement Heard ’Round the World

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, […]

Executive Pay Practices Rile Southern Company Shareholders in Wake of Giant Losses

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 […]

July 14, 2017 Read More →

IEEFA Update: Failed ‘Clean Coal’ Experiments Have Wasted Billions of Dollars

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 […]

Southern Company Shores Up Mississippi Power with $1 Billion After Decision Not to Burn Coal at Kemper

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 […]

July 6, 2017 Read More →
IEEFA Update: Will Southern Company Refund Mississippi Ratepayers for Failed $7.5 Billion Kemper ‘Clean Coal’ Experiment?

IEEFA Update: Will Southern Company Refund Mississippi Ratepayers for Failed $7.5 Billion Kemper ‘Clean Coal’ Experiment?

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, […]

Regulators Acknowledge Failure of $7.5 Billion Kemper ‘Clean Coal’ Experiment

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 […]

June 22, 2017 Read More →