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Tag Archives: energy

Kemper plant costs revised upward again

The cost of Mississippi Power’s controversial plant being built in Kemper County is rising again. The Southern Co. says it will cost at least another $177 million to finish the power plant it’s building in eastern Mississippi’s Kemper County, pushing the total cost above $5.2 billion The Atlanta-based parent of Mississippi Power Co. said yesterday that poor weather, unexpected turnover ...

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Entergy releases first web-based, integrated report

NEW ORLEANS — Entergy Corporation has released its 2013 online integrated report, combining material previously presented in the company’s annual report to shareholders and its annual sustainability report. “Producing one integrated report reinforces our belief that our stakeholders — owners, customers, employees and communities — are inextricably linked and that we must deliver sustainable value to all stakeholders in order ...

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Commissioners want to review nuclear waste plan

JACKSON — Two members of the Public Service Commission say they want more time to study a resolution urging a stop to payments into a federal nuclear waste fund and a rejection of any plans to store or reprocess nuclear waste in Mississippi. Commissioner Brandon Presley sought immediate action today, but Commissioners Lynn Posey and Steve Renfroe said they wanted ...

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KiOR borrows $25M; avoids defaulting on loan

COLUMBUS — Alternative-fuel maker KiOR Inc. has borrowed enough money to keep operating through August. The Pasadena, Texas, company, which has a $225-million plant in Columbus, had warned last month that it had to raise more money for research and plant improvements. KiOR, in a stock filing today, said it had completed a deal to borrow $25 million from an ...

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Innovate Mississippi names Lynlee Honea as its capital analyst

Innovate Mississippi has named Lynlee Honea as its capital analyst. Honea began her career at Innovate Mississippi in June 2013 as the capital formation intern. In her new role as capital analyst, Honea coordinates the Mississippi Angel Network. She received her bachelor of arts in international studies with an emphasis in international business from Mississippi College in 2012 and her ...

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Jackson's gas prices up last week

Average retail gasoline prices in Jackson have risen 2.2 cents per gallon in the past week, averaging $3.25/g yesterday, according to GasBuddy’s daily survey of 273 gas outlets in Jackson. This compares with the national average that has increased 1.8 cents per gallon in the last week to $3.53/g, according to gasoline price website GasBuddy.com. Including the change in gas ...

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PSC named Katherine Collier executive secretary

The Mississippi Public Service Commission (PSC) has unanimously voted to name Katherine Collier to the position of executive secretary replacing Brian Ray, who has elected to retire after over 30 years with the agency. The transition would be effective July 1. Collier is currently a senior attorney with the PSC and is a life-long resident of Mississippi having grown up ...

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TVA to discuss long-range energy resources plan

NORTH MISSISSIPPI — The Tennessee Valley Authority is set to discuss progress in updating the utilities long-range energy resources plan along with more than 1,100 comments from the public. The forum is scheduled for Wednesday at 7 p.m. EDT at TVA’s Missionary Ridge office building in Chattanooga, Tenn., and through a simultaneous online webinar link. The 2015 Integrated Resource Plan ...

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BP oil spill still being felt as tar balls wash up on islands

GULF OF MEXICO — Mississippi environmental authorities say oil debris found this week on state barrier islands is believed to be from the BP’s disastrous 2010 spill in the Gulf of Mexico, and contractors for the oil giant are involved in the cleanup. Officials believe high winds and seasonal low tides uncovered the material. Mississippi’s Department of Environmental Quality said ...

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KiOR puts Lowndes Co. plant in idle

COLUMBUS, Mississippi — Alternative fuel manufacturer KiOR Inc. is putting its $225 million plant in Lowndes County in “idle” state until it can raise financing for more research and plant improvements. The disclosure came in the company’s end-of-the-year financial filing with the U.S. Securities and Exchange Commission. KiOR said idling the Columbus facility will “enable us to restart the facility upon ...

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