Posts Tagged ‘power generation’

TVA saw record year for hydroelectric power generation

NORTH MISSISSIPPI — The Tennessee Valley Authority says fiscal 2013 was a record year for hydroelectric power generation. During the year ended Monday, TVA’s 29 hydroelectric dams provided 18.5 million megawatt-hours of energy. That’s enough electricity to serve more than 1.2 million homes in TVA’s seven-state region. TVA attributes the record to above-average precipitation. Rainfall […] [...]

Entergy shuttering Vermont’s only nuclear plant

MONTPELIER — Vermont’s only nuclear power plant will shut down by the end of next year, ending a nasty legal battle over the future of the 4-decade-old plant, Entergy Corp. announced today. The Vermont Yankee Nuclear Power Station is expected to cease power production after its current fuel cycle and will begin being decommissioned in […] [...]

TVA buys majority share of power plant for $400M

SOUTHAVEN — The Tennessee Valley Authority has made a lease-purchase agreement to buy the majority share of a natural-gas fired power plant in Southaven. TVA and Seven States Power Corp., a group owned by TVA distributors, had bought the Southaven Combined Cycle Plant just south of Memphis in 2008. TVA owned 10 percent, while Seven […] [...]

UT report: TVA would be broken up if sold

KNOXVILLE, Tenn. — A new University of Tennessee report finds that if the federal government decides to go ahead with divesting the Tennessee Valley Authority, the public utility could be broken up among several private power generators in the region. The study conducted by the school’s Howard H. Baker Jr. Center for Public Policy was […] [...]

Mississippi Power shuts down old plant in Pine Belt

PETAL — Mississippi Power Co. has shut down a generating plant in Petal. Mississippi Power says in a news release that Plant Eaton — named for the company’s first president, Barney E. Eaton Sr. — began operation in March of 1945. Ed Day, president and CEO of Mississippi Power, says when the 67.5 megawatt plant […] [...]

Utility’s earnings up, but expansion and hiring delayed

ATLANTA — Southern Company reported fourth quarter 2012 earnings of $383 million, or 44 cents a share, compared with earnings of $261 million, or 30 cents a share, in the fourth quarter of 2011. Southern Company, the parent company of Mississippi Power Co., also reported full-year 2012 earnings of $2.35 billion, or $2.70 a share, […] [...]

Judge denies Sierra Club’s challenge to Kemper coal plant

KEMPER COUNTY — Mississippi Power Co.’s $2.8 billion Kemper County power plant is one step closer to legal clearance. Company spokesman Jeff Shepard tells The Associated Press that Harrison County Chancery Judge Jim Persons has denied a Sierra Club challenge to the plant’s license. Shepard says Persons released the ruling late yesterday. The environmental group […] [...]

Labor unions flip, throw support to Kemper power plant

KEMPER COUNTY — In exchange for the promise of 1,000 jobs, a group of labor unions is throwing its support behind Mississippi Power Co.’s Kemper County coal plant. The unions had most recently opposed the plant because contractors for Atlanta-based Southern Co. were excluding union members from the $2.8 billion project, which currently employs 2,600 […] [...]

NRC wants more info from TVA on flood protection for reactors

NORTH MISSISSIPPI — Nuclear power plant regulators want more specific information from TVA on how the utility plans to protect reactors in case of severe flooding. According to the Chattanooga (Tenn.) Times Free Press, the Nuclear Regulatory Commission heard TVA’s flood plans and scheduled another meeting on Dec. 13, seeking more information. An NRC project […] [...]

Entergy Mississippi executes agreement with MISO

JACKSON — Five Entergy utilities have taken a key step toward membership in a regional transmission organization via submission of the executed transmission owner agreement to the Midwest Independent Transmission System Operator, or MISO. The utilities – Entergy Mississippi Inc., Entergy Texas Inc., Entergy Louisiana, LLC, Entergy Gulf States Louisiana, LLC and Entergy New Orleans […] [...]

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