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Brrrr — TVA reports new single-day demand record

January 9, 2014

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One utility can vouch that the region saw some of the lowest temperatures on record during the recent invasion of arctic air. Homes and businesses have set a single-day record for electric use in the seven-state Tennessee Valley Authority region. The TVA says it supplied a total of 703 gigawatt-hours of electricity over 24 hours […]

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Entergy Mississippi rates to increase 4% in February

January 7, 2014

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entergy

JACKSON, Mississippi – Entergy Mississippi customers will see a rate increase of about 4 percent beginning in February, mainly due to rising natural gas costs and an under-recovery of fuel costs in 2013. Fuel costs are passed through to the customer dollar-for-dollar with no profit to the company. With the increase, the typical residential customer […]

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GreenTech to mark milestone this week on building Tunica car plant

January 6, 2014

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If you’ve been looking in the “Missing Project’s” folder for GreenTech Automotive’s Tunica plant, you need search no more. After two years of delays and a federal investigation into enticements used to gain foreign investors for the plant, the McLean, Va.-based GreenTech says it will erect steel support structures for the facility and has invited […]

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To clean up coal, Obama pushes more oil production

December 23, 2013

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The Associated Press DE KALB, Miss. — America’s newest, most expensive coal-fired power plant is hailed as one of the cleanest on the planet, thanks to government-backed technology that removes carbon dioxide and keeps it out of the atmosphere. But once the carbon is stripped away, it will be used to do something that is […]

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FNC Index: October home prices up; pace slows

December 16, 2013

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OXFORD, Mississippi — U.S. home prices continue to rise in October despite signs of decreasing mortgage and home sale activity. The latest FNC Residential Price Index (RPI) shows October home prices are up, albeit at a slower pace than previous months. The index, constructed to gauge underlying property value based on non-distressed home sales, showed […]

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Bryant takes his stand against education system

December 16, 2013

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school-books

Gov. Phil Bryant takes his stand against the federal government and education in his stand against the Common Core curriculum …   Below is his press release …   JACKSON — Gov. Phil Bryant today issued an Executive Order affirming Mississippi’s right and responsibility to define and implement its own public school standards and curricula. […]

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Entergy, ITC discontinue pursuit of transmission spin/merger

December 13, 2013

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entergy

NEW ORLEANS, Louisiana — Entergy Corporation (NYSE: ETR) and ITC Holdings Corp. (NYSE: ITC) announced today that the companies have mutually agreed to end their pursuit of a spin/merger of Entergy’s transmission business with ITC. The companies formally terminated the merger agreement this morning and filed pleadings to withdraw the remaining transaction approval applications with […]

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ALUMA-FORM locating manufacturing operations in Walnut

December 11, 2013

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JACKSON — Gov. Phil Bryant, officials from ALUMA-FORM and local leaders broke ground today on the company’s new manufacturing facility in the Walnut Industrial Park in Walnut, Miss., in Tippah County. The project represents a company investment of $6.7 million and will create 125 new jobs. From the Walnut location, ALUMA-FORM will manufacture and distribute […]

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GOP Sen. Thad Cochran to run for seventh term

December 6, 2013

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WASHINGTON — Thad Cochran, a Mississippi Republican who was first elected to the Senate in 1978, set up a generational and ideological clash in the state’s Republican primary when he announced Friday that he would seek a seventh term in 2014. While Cochran, who turns 76 on Saturday, has the support of many leading Republicans in […]

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Summit pushes chemical manufacturing in Miss.

December 5, 2013

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The cost of gas

JACKSON, Mississippi — An economist says that Mississippi has an opportunity to compete for energy-thirsty economic development. Louisiana State University Professor David Dismukes was hired by the Mississippi Energy Institute to look at opportunities that might arise from the U.S. boom in natural gas production. At the Governor’s Energy Summit Thursday, Dismukes presented preliminary results […]

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