Posts Tagged ‘electricity’

Entergy lowers expectations due to Vermont plant closing

NEW ORLEANS — Entergy expects its fourth-quarter net income to drop, hurt by the cost of closing its Vermont Yankee Nuclear Power Station. Wall Street expected a steeper profit decline. Entergy plans to shut down the Vermont Yankee plant at the end of 2014. Additionally, in December the company agreed to pay $10 million for […] [...]

TVA, emergency officials braced for another arctic blast

NORTH MISSISSIPPI — The Tennessee Valley Authority is once again preparing for colder-than-normal temperatures that will create greater demands on its electric system. TVA reports its power system “remains secure and stable at this time, and steps are being taken to keep it that way.” On Monday, TVA issued an internal “Conservative Operation Alert,” which […] [...]

Hood wants Entergy case heard in state court

JACKSON — Attorney General Jim Hood is asking a federal court to send the state of Mississippi’s lawsuit against Entergy back to state court. In its recent ruling in Mississippi ex rel. Hood v. AU Optronics Corp., the U.S. Supreme Court unanimously agreed with Hood’s argument that cases brought by attorneys general to enforce their […] [...]

Presley: Utilty rate incentives extended

JACKSON — Public Service Commissioner Brandon Presley reports an extension through 2014, and in some instances beyond 2014, of utility rate incentives aimed at Mississippi small businesses. To date, the incentives have helped over 1,100 Mississippi small businesses save more than $400,000 in utility costs, according to Presley. The Small Business Rate Incentive first proposed […] [...]

TVA sees second-highest winter peak power demand

NORTH MISSISSIPPI — The Tennessee Valley Authority power system passed a critical demand period early yesterday from the bitter cold wave and electricity use is coming down. TVA’s power system reached a preliminary peak power demand of 32,460 megawatts at 9 a.m. EST yesterday with the Valley’s average temperature at 4 degrees. This is the […] [...]

Entergy hands grid management to MISO

NEW ORLEANS — There’s a new traffic cop directing electricity flows to 2.8 million power customers in Louisiana, Arkansas, Mississippi and Texas. New Orleans-based Entergy Corp. handed over management of its grid late yesterday to the Midcontinent Independent Transmission System Operator. MISO, based in Carmel, Ind., already directed electricity movement in parts of 11 Midwestern […] [...]

Power plant lands $181M loan from USDA

BATESVILLE — The U. S. Department of Agriculture is providing a loan for work at an electric power generation facility in Panola County. The federal agency Friday announced in a news release that it is providing $181 million to the South Mississippi Electric Power Association. The money will be used to purchase two natural gas-fired […] [...]

PSC unanimously rejects Entergy-ITC proposed merger

JACKSON — Mississippi utility regulators have unanimously rejected a merger proposal by Entergy Corp. and ITC Holdings Corp., saying the deal could have meant a $300-million rate increase for Mississippi customers over 30 years. “We respect Entergy’s desire to improve its organizational effectiveness, but the commission was not persuaded the transfer of ownership would be […] [...]

Summer rains mean lower TVA power bills

NORTH MISSISSIPPI — The Tennessee Valley Authority says an unusually wet summer has translated into lower electric bills for customers. John McCormick, Tennessee Valley Authority’s vice president for river operations, said in a statement that the rain kept the utility’s hydroelectric dams, which provide the cheapest source of energy, working overdrive. Scott Brooks, a Nashville-based […] [...]

City mulling plan to use waste for electricity, water purification

OXFORD — The city Oxford is exploring a partnership using municipal sewage to generate electricity while purifying wastewater. The Northeast Mississippi Daily Journal reports that the city is looking at a proposal from Synergy-World Energy LLC and Langenburg Technologies LLC. Public Works director Bart Robinson says the company will pull organic materials from the city’s […] [...]

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