A protected monopoly with regulators who don’t regulate for the benefits of customers.
Mississippi Power is solving problems at its Kemper clean coal power plant only for new ones to appear.
“… 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.”
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.
According to this, there was some politics involved. Shocking!
It might be cheaper to run the Kemper Project clean coal power plant’s turbines on natural gas, but Mississippi Power wants customers to pay most of the cost for the coal gasification part of the plant.
While energy research is important, there are some experiments that the federal government needs to stop funding.
As we have been saying…
According to a new report from an independent monitor, the $7 billion Kemper Project clean coal power plant narrowly avoided a serious accident in October when 1,750 degree synthesis gas backed up into the coal feed system.
The PSC has not been useful. It does not deserve customers’ trust. Or the publics’. Or the legislatures’. It does not deserve more responsibility. Can the new Chairman and commissioners restore trust?