Posts Tagged ‘light’

Utility reports performance hurt by election uncertainties

ATLANTA — Southern Company reported third quarter earnings of $976 million, or $1.11 a share, compared with $916 million, or $1.07 a share, for the same period a year ago. For the nine months ended Sept. 30, 2012, Southern’s earnings were $1.97 billion, or $2.26 a share, compared with $1.94 billion, or $2.27 a share, […] [...]

Utility reports all nuclear plants safely weathered Sandy

JACKSON — Entergy Nuclear reports its Indian Point Energy Center and James A. FitzPatrick Nuclear Power Plant in New York, Pilgrim Nuclear Power Station in Massachusetts and Vermont Yankee Nuclear Power Plant in Vermont have all safely weathered Hurricane Sandy. Indian Point 2, FitzPatrick and Pilgrim remained at full power while Vermont Yankee reduced power […] [...]

Commissioners give nod to co-op’s purchase of power plant

BATESVILLE and HATTIESBURG — The Mississippi Public Service Commission has approved the $286-million sale of bankrupt LSP Energy to South Mississippi Electric Power Association. Commissioners voted 3-0 yesterday to give Hattiesburg-based SMEPA the right to operate the natural gas-fired power station in Batesville. The order also gives SMEPA the right to acquire any rights of […] [...]

Entergy, ITC file spin-off request with PSC

by MBJ Staff Published: October 9,2012

Tags: acquisition, approval, elecvtricity, energy, light, lighting, merger, power, purchase, request, sale, sell, spin-off, state agency, utility

JACKSON — Entergy Mississippi Inc., in conjunction with ITC Holdings Corp. and ITC Midsouth LLC, has filed a request with the Mississippi Public Service Commission to spin off the Mississippi electric transmission business and merge it into a subsidiary of ITC. The Mississippi filing continues the multi-state and federal regulatory process seeking approval for the […] [...]

TVA leaning more on gas and less on coal for fuel

by Associated Press Published: October 9,2012

Tags: coal, energy, fuel, light, lighting, natural gas, power, utility

NORTH MISSISSIPPI — The Tennessee Valley Authority’s reliance on coal has dropped and the use of natural gas as fuel to generate electricity has increased. According to The Commercial Appeal, TVA’s use of gas climbed 70 percent in the fiscal year just ended. At the same time, coal-fired generation declined 30 percent from fiscal 2011. […] [...]

Entergy: Isaac’s costs run $400M-$500M

NEW ORLEANS — Entergy Corporation has released an update on preliminary financial effects, liquidity resources and recovery initiatives after Hurricane Isaac. Total restoration costs for the repair and/or replacement of the electrical facilities in areas with damage from Isaac are estimated to be in the range of $400 million-$500 million. Each utility company is responsible […] [...]

Entergy shuts down nuke plant ahead of Isaac

KILLONA, La. — Entergy Corp. says it shut down one of its three nuclear power plants because of the approach of Hurricane Isaac, but two others remain in operation. The New Orleans-based power company says the Waterford 3 plant in Killona, La., will be powered-up after the storm passes. The plant is about 20 miles […] [...]

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