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Tag Archives: Kemper County

Kemper plant overruns drag down Southern Co. earnings

Cost overruns in construction of Mississippi Power’s Kemper County lignite coal plant so far this year have taken a nearly $800 million bite out of parent Southern Co.’s earnings. A cooler than normal summer across the Southeast further eroded earnings, the company reported in its third quarter earnings statement. Frequent rainfall combined with what Southern Co. says were the mildest ...

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SBA disaster assistance available due to rain, flooding

ACROSS MISSISSIPPI — The U.S. Small Business Administration announced today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in Mississippi as a result of excessive rain and flooding beginning Jan. 1, 2013. The disaster declaration is effect for Clarke, George, ...

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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. faces questions in Georgia related to Kemper plant

KEMPER COUNTY — A decision to absorb losses on an over-budget power plant in Mississippi may haunt Southern Co. now that it wants regulators to raise its budget for a costly nuclear power plant in Georgia. Southern Co. executives fielded hostile questions today during their first testimony before utility regulators since announcing the firm could not meet its state-approved budget ...

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Kemper coal plant now faces spending review

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 Commission to determine if spending ...

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CRAWFORD: Kemper County Coal Plant a prudent investment

Rating agencies and regulators expect utility companies to maintain sound risk management and long-term planning strategies. For this reason, electric utilities value diversity in power generation options. “Reliance on one fuel or technology can leave them vulnerable to price and supply volatility,” says a Congressional Research Service study published in February. The study cautions utilities from becoming too dependent on ...

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Links to tornado coverage from Weather Channel, WCBI and WTVA

Here are links to television coverage of the Thursday’s deadly tornado in East Mississippi. — Video of newcast from WCBI in Columbus showing damage left behind from the storm and an interview with a witness. — Weather Channel report on You Tube with analysis of Tony Sudduth’s tornado video from Prairie Point. — Story from WTVA in Tupelo, which includes ...

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(UPDATE) Storm system leaves one dead; assessments continuing

SHUQUALAK — Damage assessments were continuing this morning after a deadly tornado and other severe weather pounded Mississippi and other states. In Kemper County, where one person died and five were injured, Emergency Management Agency director Ben Dudley said officials hope to have a better understanding of the amount of damage later today. » Links to tornado footage from Weather ...

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Read March 1 issue of MBJ

>>INGALLS TURNS 75 Building ships for the Pentagon is the economic crown jewel of the Gulf Coast- by Lisa Monti Also in this week’s paper: >> LAW Appeals court rules state’s tort cap doesn’t violate separation of powers- by Clay Chandler >>KEMPER UPDATE Mississippi Power files Kemper rate recovery plan- by Clay Chandler >>CONSTRUCTION Commercial contractors are still struggling in state- by Wally ...

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