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Tag Archives: coal

TVA to discuss long-range energy resources plan

NORTH MISSISSIPPI — The Tennessee Valley Authority is set to discuss progress in updating the utilities long-range energy resources plan along with more than 1,100 comments from the public. The forum is scheduled for Wednesday at 7 p.m. EDT at TVA’s Missionary Ridge office building in Chattanooga, Tenn., and through a simultaneous online webinar link. The 2015 Integrated Resource Plan ...

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House backs bill to block EPA power plant rule

WASHINGTON — The Republican-controlled House moved Thursday to block President Barack Obama’s plan to limit carbon pollution from new power plants, an election-year strike at the White House aimed at portraying Obama as a job killer. Ten coal-state or Southern Democrats joined with Republicans to approve the bill, 229-183. Supporters said the measure was part of a strategy to fight ...

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To clean up coal, Obama pushes more oil production

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 not so green at all. ...

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Fitch takes no action after Kemper plant cost, schedule changes

KEMPER COUNTY — Fitch Ratings is not taking any rating actions following the latest cost revisions and schedule extension for the Kemper integrated gasification combined cycle (IGCC) project. Last week, Mississippi Power Company (Mississippi Power) announced a revision in the scheduled in-service date for Kemper IGCC. The operational date is delayed to the fourth quarter of 2014, from May 2014, ...

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Mississippi Power's Ed Holland is a high-energy CEO in action

In a recent meeting with Ed Holland, president and CEO of Mississippi Power, we discussed Mississippi’s energy future and how it will impact people and businesses in the Magnolia State. Ed is fairly new to the job, but he said he has “fallen in love” with Mississippi since moving here a few months ago. “I’ve never lived any place where ...

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Mississippi Power CEO talks about rate hike for Kemper plant

KEMPER COUNTY — Mississippi Power Co. CEO Ed Holland has told a Mississippi newspaper that if a 22 percent rate hike is approved to pay for its Kemper County power plant, the company won’t try to hit up customers for more. Holland told The Clarion Ledger in a meeting yesterday that shareholders will eat hundreds of millions in cost overruns ...

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JobKeeper accuses Bigger Pie of using public money to oppose Kemper

KEMPER COUNTY — A group opposing Mississippi Power’s $4.7 billion power plant under construction in Kemper County finds itself on the defensive. » READ MORE: No public money funding Bigger Pie, organization claims … JobKeeper Alliance, a union-linked group based in Montgomery, Ala., claims the nonprofit Bigger Pie Forum is using public money held by the private Institute for Technology Development ...

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Southern Co. shareholders to feel losses from Kemper plant

KEMPER COUNTY — Southern Co. shareholders will absorb $450 million in losses incurred while building a new coal-fired power plant in Mississippi, raising the total write-offs on the construction project to nearly $1 billion, utility officials said today. The utility announced the pre-tax write-off on its massive project in Mississippi’s Kemper County before releasing its second-quarter earnings Wednesday. Company officials ...

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