Mississippi

IEEFA Research

Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

Report – No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity

No Need for New U.S. Coal Ports: Data Shows Oversupply in Capacity (pdf) By Tom Sanzillo, Director of Finance, IEEFA  

November 19, 2014 Read More →
Report- The Kemper IGCC Project: Cost and Schedule Risks

Report- The Kemper IGCC Project: Cost and Schedule Risks

Report- The Kemper IGCC Project: Cost and Schedule Risks (pdf).    

December 3, 2012 Read More →

More News and Commentary

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 →

Mississippi and Louisiana Follow Arkansas Model in Expanding Energy Efficiency Mandates

Southeast Energy News: Two states in the Southeast U.S. are moving to step up their energy efficiency mandates by taking lessons from programs in Arkansas. Widely believed to be the first initiative in the Southeast to decouple utility revenues from power sales, Arkansas’ success to date is serving as proof that such regulations can benefit […]

June 26, 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 →

On the Blogs: Marquee U.S. Clean Coal Project Continues to Struggle

Seeker.com: The first attempt at building a “clean coal” power plant that captures its carbon dioxide before being burned is struggling to get up and running in Mississippi, as the Trump administration plans to sharply cut back funding for the technology. Mississippi Power’s Kemper power plant is designed to allow the continued use of cheap […]

June 12, 2017 Read More →

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 […]

February 28, 2017 Read More →

Southern Company’s ‘Clean Coal’ Flop

Russell Gold for the Wall Street Journal: Southern Co. said it has nearly completed a first-of-its-kind “clean coal” power plant, though a new analysis suggests it might not make sense to burn coal in it. After taking nearly seven years and $7.1 billion to build, the Kemper County, Miss., facility, which can burn coal and […]

February 23, 2017 Read More →

Moody’s Weighs Another Downgrade of Faltering ‘Clean Coal’ Project in Mississippi

Mary Perez for the (Gulport, Miss.) SunHerald: Moody’s Investors Service placed Mississippi Power Company’s ratings on review for another downgrade after the company last week announced a ninth extension for placing the now $7 billion Kemper energy facility into service using lignite. About $800 million of debt securities are affected by the possible downgrade, including […]

February 7, 2017 Read More →

On the Blogs: Three Lawsuits Question Forthrightness of Kemper Project Developers

Steve Wilson for Mississippi Watchdog: The Kemper Project clean coal power plant has been generating electricity using natural gas since 2014, but now the facility is generating something else for its owner — lawsuits. The Southern Company is embroiled in three lawsuits active in courts in Georgia and Mississippi over alleged fraud in the protracted […]

February 3, 2017 Read More →