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Posts Tagged ‘electricity’

Topazi retiring as COO of Southern Company

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 [...] [...]

Louisiana PSC approves Entergy’s bid to join MISO

by MBJ Staff Published: May 25,2012

Tags: electricity, energy, power, state agency, state government, transmission, utilities

BATON ROUGE, La. — The Louisiana Public Service Commission has approved Entergy Louisiana, LLC’s and Entergy Gulf States Louisiana, LLC’s proposal to join a large regional transmission organization. The LPSC unanimously approved the joint application of the two companies to join the Midwest Independent Transmission System Operator Inc. or MISO. Louisiana is the first state [...] [...]

TVA: Lack of rainfall negatively imacting hydroelectric generation

by MBJ Staff Published: May 17,2012

Tags: drought, electricity, energy, generation, hydroelectric, reservoirs, utilities, Weather

NORTH MISSISSIPPI — The Tennessee Valley Authority says a lack of rainfall has hydroelectric generation running 12 percent below normal. Hydro is TVA’s cheapest source of electricity, but accounts for only about 8 percent of the power the federal utility produces. The lower water level in the reservoirs might have more effect on recreation, including [...] [...]

TVA to cut positions due to slumping sales, looming expenses

by Associated Press Published: May 6,2012

Tags: electricity, employment, energy, expenses, jobs, layoffs, sales, unemployment, utilities, Weather, workers

NORTH MISSISSIPPI — The Tennessee Valley Authority will seek to cut less than 1,000 positions as it faces a drop in electricity sales driven by an unusually warm winter and looming expenses, including an over-budget effort to finish building a nuclear reactor in Tennessee. TVA officials reported that the electricity supplier brought in roughly $5.2 [...] [...]

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

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. [...] [...]

Environmentalists back in court to fight Kemper coal plant

KEMPER COUNTY — Environmentalists have gone back to court with their continued opposition to construction of a coal power plant in east Mississippi. In the latest court filing in Harrison County Chancery Court, the Sierra Club of Mississippi wants the plant’s builder, Mississippi Power Co., to assume the risk of construction while the appeal proceeds. [...] [...]

PSC gives new approval to controversial Kemper power plant

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 [...] [...]

TVA revises of cost of nuclear plant construction to $4.5B

by Associated Press Published: April 8,2012

Tags: construction, costs, electricity, energy, nuclear energy, power, power generation, Power plant, utilities

NORTH MISSISSIPPI — The Tennessee Valley Authority says the revised total cost to complete Unit 2 at Watts Bar Nuclear Plant in Spring City, Tenn., is up to $4.5 billion. The earlier estimate in 2007 had been $2.49 billion. The federal utility, in a statement yesterday, blamed the increase on poor previous estimates and that [...] [...]

Kemper deadline met, PSC mull proposed orders (access required)

Last Monday was the deadline for parties to submit proposed final orders related to Mississippi Power Company’s lignite coal-fired generation plant in Kemper County. Joining longtime adversaries MPC and the Mississippi chapter of the Sierra Club was Florida-based Entegra Power Group, which markets electric power from natural gas-fueled plants to wholesale customers. In their submissions, [...] [...]

EEI again honors Entergy for response to natural disasters

NEW ORLEANS — The Edison Electric Institute has honored Entergy Corporation with the association’s Emergency Recovery Award and Emergency Assistance Award for its power restoration efforts to its own customers throughout 2011 and to other utility company customers following Hurricane Irene. This is the 14th consecutive year for Entergy to receive an EEI national storm [...] [...]

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