Southern violates the first law of holes: when you are in a hole, quit digging. It keeps throwing good money after bad at its Mississippi Kemper Lignite Project. That may be because it thinks it’s throwing customer’s money. That will be the case if Mississippi’s Public Service Commission makes customers pay for Southern’s mistakes. The […]
Mississippi Power continues to struggle to get its Kemper Project clean coal power plant operational. None of the issues keeping the facility from getting up and running have easy solutions.
The record January flood was unusual. But major floods aren’t. Mississippi has had seven in the last ten years.
“The review of Mississippi Power’s ratings considers the declining competitiveness of the Kemper Integrated Gasification Combined Cycle (IGCC) plant as project costs have continued to rise, operating costs are increasing, and natural gas prices remain low…” and “The review also reflects the continued inability of the company to place the plant into service, with nine […]
As we have been saying…
Mississippi Power says it’s pushing back the start date another month the controversial Kemper County Energy Facility. As MPB’s Mark Rigsby reports, estimated costs for the nearly $7 billion plant continue to increase.
The Kemper clean lignite project is a cancer in Mississippi’s economy. It must be treated quickly if Southeast Mississippi’s economy is to avoid an agonizing death spiral.
The 2016 campaign defies traditional analysis. Viewing it through the usual Democrat versus Republican template misses some of the critical lessons. This campaign was not right versus left but rather establishment versus non-establishment with the establishment getting thrashed.
How much should Southern Co pay for their mistakes? The PSC will answer that question. Short of proving fraud or gross misrepresentations, it could take years to resolve. That would damage economic development in MPC’s rate area.
Yes, elections have consequences. Hopefully “…more jobs, more revenues, more wealth, higher wages, and lower energy prices.”