PSC to Southern: Keep and pay for the gasifiers and all related assets or keep and pay for the entire Kemper project including power generation.
A white flag, the prelude to surrender.
In a special PSC meeting, the commissioners conveyed a dramatic shift in their language from the previous years
Mississippi Power cleverly disguised its requested increase. It said it was just keeping the earlier increase in place — even though it’s supposed to fall.
Is it finally time for the gasifier death spiral to accelerate?
Mississippi Power is solving problems at its Kemper clean coal power plant only for new ones to appear.
Bigger Pie Forum has long felt the gasifier units (the engine) would never work reliably for long periods. The small temperature range within which the gasifier units must operate cannot be controlled uniformly across the large reactors.
“… it’s very unlikely that the gasifier will work by the June hearing. Which means there will be no consideration of its “used and usefulness.” Which means it will not be deemed “prudent.” Which means customers don’t have to pay for it. Except they already are.”
Abandon ship! Abandon ship! Will Southern’s CEO Tom Fanning go down with the ship? He commanded Kemper’s boondoggle to work. It hasn’t anyway. King Canute commanded the tide not to come in. It did anyway. Two egomaniacs? No. Just one. King Canute knew better.
We predicted Mississippi Power and Southern Cos would opt for a negotiated settlement of Kemper cost recovery if the free pass from Mississippi Regulators ended.