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 [...] [...]
by Associated Press Published: April 26,2012
Tags: accounting, electricity, energy, loss, net loss, nuclear, plant, power, power distribution, power generation, publicly traded company, utilities
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. [...] [...]
by Associated Press Published: April 24,2012
Tags: coal, construction, electricity, energy, environment, habitat, power, power distribution, power generation, state agency, utilities, wildlife
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 [...] [...]
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 [...] [...]
by MBJ Staff Published: April 3,2012
Tags: disaster recovery, disasters, electricity, emergency, energy, hail, natural disasters, power, rain, storms, tonadoes, utility, wind
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 [...] [...]
by MBJ Staff Published: March 30,2012
Tags: costs, electricity, fuel costs, natural gas, power, prices, ratepayers, rates, utility, utility bills
JACKSON — Customers of Entergy Mississippi Inc. will see their rates drop more than previously announced through April, May and June, according to the utility. Haley Fisackerly, president and CEO for Entergy Mississippi, said, “With a continuation of low natural gas prices combined by efficient operations of our system by our employees we are able [...] [...]
by Associated Press Published: March 29,2012
Tags: coal, construction, courts, electricity, energy, environment, judges, judicial, judiciary, justices, power, power generation, Power plant, state agency
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 [...] [...]
by Associated Press Published: March 28,2012
Tags: Anthony Topazi, Barbour, BGR Group, Bloomberg News, Brandon Presley, Clean Coal Power Initiative, coal, construction, Construction Work in Progress, CWIP, electricity, environment, Florida, Gov. Haley Barbour, Griffith & Rogers Inc., Interpublic Group of Companies Inc., Kemper County clean coal plant, Kemper County clean coal project, Kemper County Coal plant, Leonard Bentz, Lynn Posey, Mississippi Business Journal, Mississippi Power Company, Mississippi State Ethics Commission, Orlando Gasification Project, power, power generation, Power plant, Public Service Commission, Southern Company, state agency, The New Republic, Todd Terrell, U.S. Department of Energy, utilities
>> 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 [...] [...]
MISSISSIPPI RIVER — Federal approval for a pair of power-generating turbines in the Mississippi River near Vicksburg will take a bit longer than expected due to ongoing study, according to developers. Free Flow Power Corp., based in Gloucester, Mass., has applied to the Federal Energy Regulatory Commission for licenses to place the large propellers at [...] [...]
by Associated Press Published: March 26,2012
Tags: compensation, electricity, energy, managers, pay, power, power distribution, power generation, salary, utilities
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. [...] [...]
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