Mississippi Business Journal » power distribution

TVA reports substation expands capacity, reliability

MBJ Staff — Wed, 25 Jul 2012 11:40:15 +0000

WEST POINT — The Tennessee Valley Authority says its $55-million transmission infrastructure project in the southern portion of TVA’s Mississippi District is expanding power capacity, improving system reliability and helping boost the region’s economy. TVA’s new 500-kilovolt substation in Clay County was activated in June. The utility says the project was completed on time and [...]

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Entergy: Consultant’s report supports MISO membership

MBJ Staff — Fri, 13 Jul 2012 12:53:05 +0000

JACKSON — Entergy Mississippi Inc. says Mississippi stands to gain from a proposal by the utility to join a large regional transmission organization. This is according to a recent analysis by Mississippi Public Service Commission consultants Bates White, LLC, Entergy reports. The consulting firm was hired by the MPSC to provide an independent analysis of [...]

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Entergy: Grand Gulf license renewal remains on track

Associated Press — Mon, 25 Jun 2012 16:34:36 +0000

CLAIBORNE COUNTY — Entergy Nuclear officials say the license renewal for the Grand Gulf Nuclear Power Plant in Claiborne County remains on track. Grand Gulf’s license expires in 2024, and an application to extend it an additional 20 years is expected to be finalized by September 2013. On June 8, the U.S. Court of Appeals [...]

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AP analyzes impact of Mississippi Power’s proposed rate increase

Associated Press — Wed, 20 Jun 2012 15:40:55 +0000

KEMPER COUNTY — Regulators meeting Friday could allow Mississippi Power Co. to collect an additional $58.6 million in the last six months of 2012. That would start paying for the $2.76 billion power plant the company is building in Kemper County. Filings made Thursday with the Public Service Commission show that the average residential customer’s [...]

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Mississippi Power petitions for rate hike to pay for Kemper plant

Associated Press — Thu, 14 Jun 2012 14:11:32 +0000

KEMPER COUNTY — Mississippi Power Co. wants a 6 percent rate increase to pay for the coal-fired power plant it is building in Kemper County. Jeff Shepard, a spokesman for the Gulfport-based unit of Southern Co., said yesterday that would increase the company’s overall revenue from its 193,000 customers by about $50 million. The Mississippi [...]

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Topazi retiring as COO of Southern Company

MBJ Staff — Fri, 25 May 2012 14:59:25 +0000

ATLANTA — Southern Company chairman, president and CEO Thomas A. Fanning has made public a number of changes within the company’s management team, effective July 1, including the replacement for Anthony Topazi. According to Fanning, Mark A. Crosswhite will become executive vice president and COO for Southern Company. Crosswhite will assume the role vacated by [...]

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Entergy losses $151.7M in first quarter due to Vermont plant

Associated Press — Thu, 26 Apr 2012 22:33:46 +0000

NEW ORLEANS — Power provider Entergy Corp. posted a first-quarter loss after taking an accounting loss on its Vermont Yankee nuclear plant and expenses from the pending spinoff of its electric transmission business. For the January-through-March period, New Orleans-based Entergy said it lost $151.7 million, or 86 cents per share, on revenue of $2.38 billion. [...]

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PSC gives new approval to controversial Kemper power plant

Associated Press — Tue, 24 Apr 2012 20:15:25 +0000

KEMPER COUNTY — The Mississippi Public Service Commission has given new approval for Mississippi Power Co.’s coal-fired power plant in Kemper County, pushing aside opponents call for a fresh look at the plant’s finances. The commission voted 2-1 to approve the $2.4 billion plant today. Southern District Commissioner Leonard Bentz and Central District Commissioner Lynn [...]

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TVA top managers make more than members of Congress

Associated Press — Mon, 26 Mar 2012 15:31:12 +0000

NORTH MISSISSIPPI — Top managers at the Tennessee Valley Authority now make more than members of Congress, who are paid $174,000 annually. The Chattanooga Times Free Press reports TVA is paying out nearly $30 million a year more for 155 of its top leaders since Congress removed salary limits at the federal utility in 2004. [...]

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SmartSynch assembles team to bring smart meters to Michigan utility

MBJ Staff — Thu, 08 Mar 2012 04:39:20 +0000

JACKSON — SmartSynch has unveiled the team that will help provide the advanced metering system that will form the foundation of a grid and meter modernization program for Consumers Energy’s 1.8 million electric customers in Michigan. Members of the team include GE Energy, who will provide the meter hardware, and Grid Net, who will provide [...]

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