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Tag Archives: Kemper Coal Plant

PSC brings Kemper plant saga to an end

By JACK WEATHERLY An eight-year struggle over a troubled “clean-coal” power plant came to an end Tuesday before the Mississippi Public Service Commission. The commissioners voted unanimously during a meeting to bring the case to a close and then discussed at a press conference that the resolution of the Mississippi Power Co. case would actually mean a 2.4 percent reduction ...

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Regulators nix Mississippi Power push to exclude testimony

Regulators have again denied a request by Mississippi Power Co. to narrow proceedings over how much customers should pay for a power plant. The Mississippi Public Service Commission, voting 3-0 Tuesday, mostly rejected a request by the unit of Atlanta-based Southern Co. to exclude testimony concerning the Kemper County power plant. Mississippi Power said testimony filed by Public Utilities Staff ...

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RICHARD SUN — Kemper: What price fuel diversity?

I a recent column, Bill Crawford asserted that the issue with Kemper is prudent fuel diversity. It is not and never has been.  The issue has always been whether the rate payers of Mississippi Power should bear the risk of unproven technology and a long-shot side bet on natural gas prices. Bill Crawford uses natural gas fuel price uncertainty as the ...

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Kemper plant forces Moody’s downgrade

By JACK WEATHERLY Moody’s Investors Service, a leading credit rating firm, has downgraded $800 million of Mississippi Power Co.’s debt securities because of continuing problems with the utility’s coal-gasification power plant in Kemper County. The downgrade means that future credit for the power company, which has about 186,000 customers in the state, stands to be more expensive. Moody’s lowered the ...

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Kemper makes electricity, but more work, cost review ahead

More than $4 billion over budget and more than two years late, Mississippi Power Co. announced Tuesday that its $7.1 billion Kemper County plant is finally making electricity from gasified lignite coal. “Everybody is very excited at the site and across the company,” spokesman Jeff Shepard said. “It’s the biggest milestone we’ve had so far.” But the unit of Atlanta-based ...

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