Kemper Gasification

IEEFA Research

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).    

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More News and Commentary

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 […]

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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 […]

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Kemper ‘Clean Coal’ Plant, $4 Billion Over Budget and Two Years Behind Schedule, Delayed Again

Jeff Amy for the Associated Press: More than $4 billion over budget and more than two years late, Mississippi Power Co. announced Tuesday that its $7.1 billion Kemper County plant is finally making electricity from gasified lignite coal. But the unit of Atlanta-based Southern Co. said that after achieving the goal Sunday, it must make […]

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Lawsuit Alleges Deception by Southern Company on Kemper ‘Clean Coal’ Project in Mississippi

Mary Perez for the (Gulfport, Mississippi) Sun-Herald: A class-action lawsuit has been filed against Southern Co. over Mississippi Power’s construction of the Kemper County energy plant. The suit charges Southern Co. and some of its officers and directors with violations of the Securities Exchange Act of 1934. Robbins Geller Rudman & Dowd LLP filed the […]

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Rural Mississippi Electricity Coop Bails Out of Kemper ‘Clean Coal’ Project and Gets a Ratings Upgrade

Ted Carter for Hattiesburg Business Today: Bailing out of its 15 percent ownership stake in Mississippi Power’s Kemper gasification plant has helped Hattiesburg-based Cooperative Energy gain a ratings upgrade on a $35.4 million bond issue. The electric power co-op, which changed its name to Cooperative Energy from South Mississippi Electric Power Association in November, received […]

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Battered Kemper Coal Project May Get a ‘New Lifeline’

Rebecca Smith for the Wall Street Journal: The most expensive fossil-fuel power plant ever built in the U.S. could soon get a financial lifeline thanks to President-elect Donald Trump, who has signaled interest in clean-coal initiatives as a way to preserve mining jobs. Buoyed by Mr. Trump’s enthusiasm for the U.S. coal industry, several congressional […]

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Lingering Questions on ‘Clean Coal’ Plant in Mississippi

Kendra Ablaza, Mississippi Today: Brandon Presley, chairman of the Public Service Commission, this afternoon talked about next steps for the Kemper County energy project and spelled out other utility-related legislative priorities he’d like to see take off in 2017. Presley, who represents the commission’s Northern District, laid out the commission’s priorities at a luncheon for […]

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More Delays at Mississippi Coal Gasification Project

Robert Walton for Utility Dive: The oft-delayed 582 MW Kemper coal gasification facility in Mississippi has been delayed again, with owner Southern Co. now saying it expects to begin full operations in January, the Atlanta Business Chronicle reports. In an 8-K filing with the U.S. Securities and Exchange Commission, the company said delays could cost […]

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Montana and Wyoming Governors Float Untested ‘Carbon Capture’ Projects

Tom Lutey for the Billings Gazette: Wyoming Gov. Matt Mead joined Bullock in listing the carbon capture opportunities of the dual state project, which is included in a 14-state report listing carbon capture opportunities. “Capture of CO2 from power plants for use in enhanced oil recovery can provide economic, environmental and national security benefits long […]

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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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