Mississippi Public Service commissioners voted 2-1 last Tuesday to approve a multi-year rate plan for Mississippi Power Co.’s Kemper County coal plant. Terms of the plan call for the utility to receive $99 million in construction-work-in-progress funds for the rest of 2013. That will create a rate increase between 12 and 13 percent for residential [...] [...]
>> BUSINESS PERSON OF THE YEAR Fashion designer Libby Story McRight finds niche creating old business by Ted Carter Also in this week’s paper: >> DINING Mother Cluckers serving up comfort food in Pass Christian by Lisa Monti >> KEMPER UPDATE Can union labor save coal plant?— by Clay Chandler >> RANKING Forbes gives poor [...] [...]
A week after Mississippi Power Co. said its Kemper County coal plant was 70 percent complete, a report by an energy analyst commissioned by the Sierra Club disputed that claim. David Schlissel, an analyst with the Institute for Energy Economics and Financial Analysis, in a report commissioned by longtime Kemper opponent the Sierra Club, said [...] [...]
HEALTHCARE Bryant’s support, $10M grant give new life to medical school plans— by Ted Carter RETAIL ‘Whole Foods Effect’ likely to hit Highland Village— by Clay Chandler BANKING Strong reaction from community banks cited for Basel III delay— by Ted Carter ENERGY PSC to ask utilities to extend small business incentives— by Clay Chandler HALEY BARBOUR Setting the record [...] [...]
Since late March, the projected cost of Mississippi Power Co.’s Kemper County coal plant has gone from $2.4 billion to $2.8 billion. The latest figure is the cap the Mississippi Public Service Commission imposed on the project. David Newell, president of the Central Mississippi Building and Construction Trades Council, said he isn’t surprised. In an [...] [...]
Sixteen days after the Mississippi Public Service Commission reapproved the certificate of public convenience and necessity for Mississippi Power Co.’s Kemper County coal plant, the company revealed to independent monitors an anticipated $366 million cost overrun for the project. The revelation was included in monitors’ May report, which says MPC officials broke the news on [...] [...]
by john.stodder Published: May 13,2012
Tags: America’s Natural Gas Highway, Chesapeake Energy Corp., Chevy Volt, clean energy, Ford Fusion, General Electric Co., GREEN ENERGY, Honda, hybrid cars, Kemper County Coal plant, MacNeilus, Mississippi, Mississippi Business Journal, natural gas, New Orleans, Seeking Alpha, Southern Company, Steve Chamber, Tiffany Goode, Toyota Prius
While the push is under way in some states to provide roadside battery-charging for the thousands of electric cars on the highways, another alternative, the natural-gas-powered vehicle, mostly sits idle. Anyone who has watched television in the past decade knows about the Chevy Volt and hybrids like the Ford Fusion or the Toyota Prius. But [...] [...]
by Associated Press Published: March 28,2012
Tags: Anthony Topazi, Barbour, BGR Group, Bloomberg News, Brandon Presley, Clean Coal Power Initiative, coal, construction, Construction Work in Progress, CWIP, electricity, environment, Florida, Gov. Haley Barbour, Griffith & Rogers Inc., Interpublic Group of Companies Inc., Kemper County clean coal plant, Kemper County clean coal project, Kemper County Coal plant, Leonard Bentz, Lynn Posey, Mississippi Business Journal, Mississippi Power Company, Mississippi State Ethics Commission, Orlando Gasification Project, power, power generation, Power plant, Public Service Commission, Southern Company, state agency, The New Republic, Todd Terrell, U.S. Department of Energy, utilities
>> SEE UPDATE AS OF THURSDAY MORNING …. KEMPER COUNTY — State utility regulators have asked Mississippi Power Co. and the Sierra Club to submit proposals on how to proceed with the Kemper County coal-fired power plant. The Mississippi Supreme Court ruled March 15 that the Public Service Commission failed to lay out its reasoning [...] [...]
JACKSON- In a 9-0 decision March 15, the Mississippi Supreme Court ruled the Mississippi Public Service Commission’s decision to issue a certificate of public convenience and necessity to Mississippi Power Company to build a coal-fired generation plant in Kemper County was not based on “substantial evidence presented,” as required by law. The decision was in [...] [...]
In this week’s MBJ — “WHAT NOW?” State Supreme Court decision could leave $2.8 billion Kemper County coal plant back at square one or could be a small bump in the road. PSC regulators must reciew the findings. By Clay Chandler Also in this week’s paper: >>TRANSPORTATION: Legislation enabling rail authorities advances: — by Clay Chandler [...] [...]
Loading ...