Posts Tagged ‘Power plant’

Kemper coal plant now faces spending review

by Associated Press Published: July 15,2013

Tags: coal, construction, COST, electricity, Kemper County, Mississippi Power Co., power, Power plant, Robert Burns, spending, utility

KEMPER COUNTY — The next battle over a Kemper County power plant will hinge on whether Mississippi Power Co.’s spending on the project was prudent — and that decision may come months later than a July 24 date that state regulators had agreed to earlier this year. The utility recently asked the state Public Service […] [...]

Mississippi Power reports escalating construction costs at Kemper plant

by Associated Press Published: July 2,2013

Tags: coal, construction, construction cost, electricity, energy, power, Power plant, state agency, utility

KEMPER COUNTY — Mississippi Power Co. warned yesterday that costs are still increasing at the power plant it’s building in Kemper County. The unit of Atlanta-based Southern Co. told stockholders that an ongoing review of costs at the coal-fired plant has initially identified at least another $160 million in cost increases. Mississippi Power spokeswoman Amoi […] [...]

Burkhalter moving ‘large vessels’ to Kemper coal plant

by MBJ Staff Published: July 1,2013

Tags: construction, energy. utility, power, Power plant, transportation, travel

ACROSS MISSISSIPPI — Weather permitting, Burkhalter Rigging will move two “large vessels” today along a designated route from Bigbee Valley at Highway 388 to the Kemper County Power Plant site on Highway 493. According to the Mississippi Department of Transportation, each load will be 18 feet wide, 21 feet high, 132 feet long and weigh […] [...]

Mississippi Power shuts down old plant in Pine Belt

by Associated Press Published: February 7,2013

Tags: electricity, energy, power, power generation, Power plant, shut down, utility

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 […] [...]

Legislators pushing for bonds to cover Kemper plant costs

by Associated Press Published: January 30,2013

Tags: bill, bonds, coal, construction, electricity, energy, law, lawmaker, legislation, legislator, power, Power plant, state government, utility

KEMPER COUNTY — Lawmakers are advancing a proposal to let Mississippi Power Co. sell bonds to cover expenses above $2.4 billion at the Kemper County power plant it’s building. They also want to allow the Mississippi Public Service Commission to approve a multi-year rate plan, to prevent a rate spike when the plant begins operation. […] [...]

Refueling of nuclear reactor completed ahead of schedule

by Associated Press Published: January 11,2013

Tags: cooperative, electricity, energy, nuclear, nuclear power, power, Power plant, reactor, refueling, utility

NORTH MISSISSIPPI — The Tennessee Valley Authority has refueled its Unit 2 reactor at the Sequoyah Nuclear Plant ahead of schedule. In a statement, TVA also said the refueling came in under budget. The reactor at the plant in Soddy-Daisy, Tenn., near Chattanooga, Tenn., was scheduled to be down for 90 days when the planned […] [...]

Commissioners approve second part of Entergy’s rate increase

by Associated Press Published: January 8,2013

Tags: bill, commission, electricity, energy, generation, power, Power plant, rate, state agency, transmission

JACKSON — Entergy Corp. will raise customer bills again starting later this month to pay the costs of Entergy Mississippi buying a share of the Grand Gulf nuclear plant from sister company Entergy Arkansas. A residential customer who uses 1,000 kilowatt hours per month will see his or her bill increase $2.78 per month from […] [...]

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 […] [...]

Fitch gives Mississippi Power ‘negative’ outlook; cites Kemper costs

by MBJ Staff Published: August 21,2012

Tags: bond, coal, construction, credit rating, debt rating, electricity, energy, power, Power plant, rating, utility

GULFPORT — Fitch Ratings has rated Mississippi Power Company’s (MPC) issuance of $200 million series 2012A 4.25% senior notes due March 15, 2042 as “A.” These notes are part of the same series of debt securities as the $250 million senior notes issued on March 9, 2012. These notes are senior, unsecured obligations of MPC. […] [...]

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