May 2, 2017 Read More →

Another Delay at Kemper ‘Clean Coal’ Project, Another $38 Million

Jackson (Miss.) Clarion Ledger:

Mississippi Power Co. is again delaying completion for its $7.3 billion Kemper County power plant.

The subsidiary of Atlanta-based Southern Co. says it still can’t reliably run parts of the plant, including units that convert lignite coal into gas.

Southern said in a stock filing Monday that it’s pushing back completion by another month to May 31, more than three years behind schedule and more than $4 billion over budget.

Mississippi Power says it’s absorbing $38 million in additional costs announced Monday, while customers could be asked to pay $20 million.

Overall, customers could be asked to pay $4.3 billion. Southern shareholders have lost $2.9 billion.

Another Kemper delay adds $38M to power plant cost

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