Regulators from Arkansas and Louisiana are buzzing around Entergy’s Grand Gulf Nuclear Plant. The buzz from those state regulators is a challenge filed with the Federal Energy Regulatory Commission (FERC) which is Grand Gulf’s primary regulatory oversight. Strangely, Mississippi’s regulators are not yet party to this latest investigation of Grand Gulf and its recent operations. This begs the question — why not?
Entergy Mississippi customers are paying for power neither received nor even generated.
The Mississippi Public Service Commission could have new law enforcement agents if a bill in the legislature becomes law. Does the PSC really need these policing services? In 2013, the PSC looked a $7.5 billion dollar boondoggle straight in the eyes…and blinked. Enough is enough!
The Southern Company’s dream of a multi-billion plant to transform lignite into electricity will be history in four short years. According to a filing with the U.S. Securities and Exchange Commission, the gasifiers and chemical plant will be scrapped by 2024. Remediation of the Liberty lignite mine will be completed this year.
A hoax is a humorous or malicious deception. A scam is a dishonest scheme or swindle. It’s a hoax for profit. Hoaxes have made fools of the unwary, and scams have taken unwitting victims for a long time. How do you avoid getting taken? Cicero asked: Cui bono — Who benefits?
Regulated monopolies are largely protected from competition and are great for their shareholders. Not so great for their customers though. Especially if the regulator (the Public Service Commission) has its thumb on the scale for the monopoly.