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!
Mississippi’s Kemper Project integrated coal gasification power plant hasn’t generated any power off its primary fuel, but it has generated one thing in bunches: lawsuits.
One strange consequence of the Kemper fiasco is the recent PSC decision authorizing Net Metering.
Good money after bad. No wonder people don’t trust politicians.
The Mississippi Public Service Commission approved a 15 percent rate increase Thursday for Mississippi Power, to help pay for the gas-fired portion of the Kemper plant that is producing electricity.
Another Kemper overrun. $62 million this time. Another projected startup delay. What’s next?
The PSC on Tuesday rejected unanimously Thomas Blanton’s motion for Central District commissioner Lynn Posey to recuse himself from Kemper Project-related proceedings. Blanton is a candidate for the Southern District seat as a Democrat.
FUNDRAISER: A fundraiser for Mississippi Public Service Central District commissioner was hosted by several contractors on the Kemper Project in violation of state law.
Mississippi Power admitted in a filing with the U.S. Securities and Exchange Commission Tuesday that the Kemper Project clean coal power plant could be completed later than expected — and costs are rising yet again.