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Tag Archives: Kemper Coal Plant

RICHARD SUN — Kemper: What price fuel diversity?

I a recent column, Bill Crawford asserted that the issue with Kemper is prudent fuel diversity. It is not and never has been.  The issue has always been whether the rate payers of Mississippi Power should bear the risk of unproven technology and a long-shot side bet on natural gas prices. Bill Crawford uses natural gas fuel price uncertainty as the ...

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Another month’s Kemper delay adds $38M to power plant’s cost

Mississippi Power Co. is again delaying completion for its $7.3 billion Kemper County power plant. The subsidiary of Atlanta-based Southern Co. says it still can’t reliably run parts of the plant, including units that convert lignite coal into gas. Southern said in a stock filing Monday that it’s pushing back completion by another month to May 31, more than three ...

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Mississippi Power: Another month, another $99M for Kemper

Mississippi Power Co. said Monday that it needs one more month and another $99 million to finish its $7.2 billion Kemper County power plant. The subsidiary of Atlanta-based Southern Co. said in a stock filing that it has finished repairs from a March tubing leak. The company aims to have the plant fully running by April 30, completing work more ...

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Kemper plant forces Moody’s downgrade

By JACK WEATHERLY Moody’s Investors Service, a leading credit rating firm, has downgraded $800 million of Mississippi Power Co.’s debt securities because of continuing problems with the utility’s coal-gasification power plant in Kemper County. The downgrade means that future credit for the power company, which has about 186,000 customers in the state, stands to be more expensive. Moody’s lowered the ...

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Natural gas could cost less than coal for Kemper plant

Mississippi Power Co. says the power plant it’s building in Kemper County will be cheaper to run on natural gas than on its planned fuel of lignite coal unless gas prices are high. The unit of Atlanta-based Southern Co. filed that analysis Tuesday. On Wednesday, the utility announced it needs more time to complete the $7 billion Kemper plant, which ...

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Kemper makes electricity, but more work, cost review ahead

More than $4 billion over budget and more than two years late, Mississippi Power Co. announced Tuesday that its $7.1 billion Kemper County plant is finally making electricity from gasified lignite coal. “Everybody is very excited at the site and across the company,” spokesman Jeff Shepard said. “It’s the biggest milestone we’ve had so far.” But the unit of Atlanta-based ...

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Regulators delay vote on Mississippi Power coal ash plan

Mississippi utility regulators aren’t quite ready to vote on an $82 million plan for Mississippi Power Co. to close coal ash disposal areas in Gulfport. The Public Service Commission Tuesday delayed action on the plan until at least Dec. 15, questioning whether rules might change under incoming President Donald Trump. Mississippi Power, a unit of Atlanta-based Southern Co., says it’s ...

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Kemper plant makes power with gas from coal for first time

Mississippi Power Co. says that the power plant it’s building in Kemper County has generated electricity using gas produced from coal for the first time. Atlanta-based Southern Co., the utility’s parent company, announced that the electricity was generated during a test Wednesday. The company says it used both the part of the plant that turns soft lignite coal into a ...

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Mississippi Power adds month, $62 million at Kemper plant

Mississippi Power Co. is adding another month to the construction schedule and another $62 million to the cost of the power plant it’s building in Kemper County. Atlanta-based Southern Co., the parent of the electrical utility, announced Monday that it’s pushing back the completion date from Oct. 31 to Nov. 30. Because every month’s delay prompts more construction and interest ...

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