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Tag Archives: power generation

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

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 reviews to support the initial ...

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Regulators meeting now to consider Kemper coal plant construction

JACKSON — State utility regulators are in session now (Friday) in Jackson to consider issuing a temporary certificate sought by Mississippi Power Co. to continue work at its Kemper County coal-fired power plant. They began at 9 a.m. The Mississippi Supreme Court ruled March 15 that the Public Service Commission failed to lay out its reasoning clearly when it changed ...

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(UPDATED) PSC requests proposals for Kemper County coal plant

>> SEE UPDATE AS OF THURSDAY MORNING …. JACKSON — State utility regulators have asked Mississippi Power Co. and the Sierra Club to submit proposals on how to proceed with the Kemper County coal-fired power plant. The Mississippi Supreme Court ruled on March 15 that the Public Service Commission failed to lay out its reasoning clearly when it changed the ...

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(UPDATED) PSC wants proposals from MPC, Sierra Club on Kemper plant

>> SEE UPDATE AS OF THURSDAY MORNING …. KEMPER COUNTY — State utility regulators have asked Mississippi Power Co. and the Sierra Club to submit proposals on how to proceed with the Kemper County coal-fired power plant. The Mississippi Supreme Court ruled March 15 that the Public Service Commission failed to lay out its reasoning clearly when it changed the ...

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TVA top managers make more than members of Congress

NORTH MISSISSIPPI — Top managers at the Tennessee Valley Authority now make more than members of Congress, who are paid $174,000 annually. The Chattanooga Times Free Press reports TVA is paying out nearly $30 million a year more for 155 of its top leaders since Congress removed salary limits at the federal utility in 2004. Former TVA chairman Craven Crowell ...

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Presley supports Supreme Court's reversal on Kemper power plant

KEMPER COUNTY — Public Service Commissioner Brandon Presley has issued the following statement in response to the Supreme Court’s reversal of Mississippi Power Company’s Kemper County Coal Plant: “(This) 9-0 decision by the Mississippi Supreme Court reversing the $2.8 billion Kemper County Coal Plant is a major victory for each and every customer of Mississippi Power Company and deals a serious ...

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SmartSynch assembles team to bring smart meters to Michigan utility

JACKSON — SmartSynch has unveiled the team that will help provide the advanced metering system that will form the foundation of a grid and meter modernization program for Consumers Energy’s 1.8 million electric customers in Michigan. Members of the team include GE Energy, who will provide the meter hardware, and Grid Net, who will provide the networking and metering software ...

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Entergy Mississippi indefinitely postpones transmission line project

JACKSON — Entergy Mississippi has requested to postpone the installation of the new Northpark 115-kilovolt transmission line in the vicinity of the I-55/I-220 interchange in Ridgeland indefinitely. The work was scheduled for March 4 on I-220 between Hanging Moss Road and I-55. Entergy cited a permitting problem as the reason for the delay, and is working with Mississippi Department of ...

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