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Tag Archives: power distribution

Entergy, ITC retool agreement in the face of opposition

NEW ORLEANS — Faced with likely rejection because of procedural reasons, Entergy Corp. and ITC Holdings Corp. have withdrawn their Texas application to merge transmission systems. The move came at the end of an hours-long hearing Friday in Austin, Texas, before the state’s Public Utility Commission. New Orleans-based Entergy and Michigan-based ITC are trying to merge by late December. They ...

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UT report: TVA would be broken up if sold

KNOXVILLE, Tenn. — A new University of Tennessee report finds that if the federal government decides to go ahead with divesting the Tennessee Valley Authority, the public utility could be broken up among several private power generators in the region. The study conducted by the school’s Howard H. Baker Jr. Center for Public Policy was released yesterday. It finds that ...

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TVA reports substation expands capacity, reliability

WEST POINT — The Tennessee Valley Authority says its $55-million transmission infrastructure project in the southern portion of TVA’s Mississippi District is expanding power capacity, improving system reliability and helping boost the region’s economy. TVA’s new 500-kilovolt substation in Clay County was activated in June. The utility says the project was completed on time and within budget. The project upgrades ...

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Entergy: Consultant's report supports MISO membership

JACKSON — Entergy Mississippi Inc. says Mississippi stands to gain from a proposal by the utility to join a large regional transmission organization. This is according to a recent analysis by Mississippi Public Service Commission consultants Bates White, LLC, Entergy reports. The consulting firm was hired by the MPSC to provide an independent analysis of Entergy Mississippi’s proposal to join ...

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Entergy: Grand Gulf license renewal remains on track

CLAIBORNE COUNTY — Entergy Nuclear officials say the license renewal for the Grand Gulf Nuclear Power Plant in Claiborne County remains on track. Grand Gulf’s license expires in 2024, and an application to extend it an additional 20 years is expected to be finalized by September 2013. On June 8, the U.S. Court of Appeals for the District of Columbia ...

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AP analyzes impact of Mississippi Power's proposed rate increase

KEMPER COUNTY — Regulators meeting Friday could allow Mississippi Power Co. to collect an additional $58.6 million in the last six months of 2012. That would start paying for the $2.76 billion power plant the company is building in Kemper County. Filings made Thursday with the Public Service Commission show that the average residential customer’s bill could go up $15 ...

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Mississippi Power petitions for rate hike to pay for Kemper plant

KEMPER COUNTY — Mississippi Power Co. wants a 6 percent rate increase to pay for the coal-fired power plant it is building in Kemper County. Jeff Shepard, a spokesman for the Gulfport-based unit of Southern Co., said yesterday that would increase the company’s overall revenue from its 193,000 customers by about $50 million. The Mississippi Public Service Commission could consider ...

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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 Topazi, who has announced plans ...

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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. In the year-ago first quarter, ...

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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 Posey, both Republicans, voted for ...

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