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Tag Archives: energy

Brrrr — TVA reports new single-day demand record

One utility can vouch that the region saw some of the lowest temperatures on record during the recent invasion of arctic air. Homes and businesses have set a single-day record for electric use in the seven-state Tennessee Valley Authority region. The TVA says it supplied a total of 703 gigawatt-hours of electricity over 24 hours on Tuesday amid a wave ...

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TVA sees second-highest winter peak power demand

NORTH MISSISSIPPI — The Tennessee Valley Authority power system passed a critical demand period early yesterday from the bitter cold wave and electricity use is coming down. TVA’s power system reached a preliminary peak power demand of 32,460 megawatts at 9 a.m. EST yesterday with the Valley’s average temperature at 4 degrees. This is the second-highest winter peak in TVA ...

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Environmentalists turn to court over offshore leasing rules

GULF OF MEXICO — Environmental groups want a judge to stop rules setting a framework for offshore gas and oil exploration in parts of the Mississippi Sound. At a hearing yesterday, the Sierra Club and the Gulf Restoration Network asked Hinds County Chancery Court Judge William Singletary to order the Mississippi Development Authority to reconsider the rules governing leasing certain ...

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Callon issues statement on Lone Star board candidates

NATCHEZ — Callon Petroleum Company (NYSE: CPE) has confirmed that Lone Star Value Management has filed notice to nominate two candidates to stand for election to Callon’s board of directors at the 2014 Annual Meeting. Callon issued the following statement: “Callon’s board of directors and management team are fully committed to creating value for all Callon shareholders and welcome shareholder ...

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Ergon buys Bunge North America's interest in joint venture

JACKSON — Ergon Inc.’s wholly owned subsidiary, Ergon Ethanol Inc., has acquired Bunge North America Inc.’s interest in and now owns 100 percent of Ergon BioFuels, LLC located in Vicksburg. Financial terms were not disclosed. Effective Dec. 31, 2013, Bunge-Ergon Vicksburg, LLC changed its name to Ergon BioFuels, LLC. Ergon BioFuels began as a joint venture between Ergon Ethanol, Inc. ...

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BP appeals judge's ruling over spill claims

NEW ORLEANS — BP is appealing a judge’s rejection of its argument that claimants who can’t trace their losses directly to the company’s 2010 Gulf oil spill shouldn’t receive payments through a multibillion-dollar settlement with a team of private plaintiffs’ lawyers. BP attorneys filed a notice of appeal yesterday, two days after the ruling by U.S. District Judge Carl Barbier. ...

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Jury rules against city; utility to get $8M

GULFPORT — A Harrison County jury has awarded Dedeaux Utility Co. $8.06 million in its dispute with the city of Gulfport. The fight dates back to when the city seized the utility as part of its 1994 annexation of the Orange Grove area. Jurors set a fair market value of $7.08 million for the water and sewer company, which had ...

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To clean up coal, Obama pushes more oil production

[youtube]http://www.youtube.com/watch?v=oz1l6pnO3AA[/youtube] The Associated Press DE KALB, Miss. — America’s newest, most expensive coal-fired power plant is hailed as one of the cleanest on the planet, thanks to government-backed technology that removes carbon dioxide and keeps it out of the atmosphere. But once the carbon is stripped away, it will be used to do something that is not so green at ...

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Entergy hands grid management to MISO

NEW ORLEANS — There’s a new traffic cop directing electricity flows to 2.8 million power customers in Louisiana, Arkansas, Mississippi and Texas. New Orleans-based Entergy Corp. handed over management of its grid late yesterday to the Midcontinent Independent Transmission System Operator. MISO, based in Carmel, Ind., already directed electricity movement in parts of 11 Midwestern states and Canada’s Manitoba province. ...

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County to borrow $24M for wood pellet terminal at port

PASCAGOULA — Jackson County supervisors have voted to borrow $24 million for the Port of Pascagoula’s wood pellet exporting terminal. The Mississippi Press reports that the board of supervisors acted yesterday after no one showed up for a public hearing. The terminal will handle wood pellets from a plant that is supposed to be built in George County starting in ...

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