Residents of the Mississippi Gulf Coast must be breathing a sigh of relief with the news from the Southern Company in Georgia.
The MS Public Service Commission is investigating implementing an integrated resource planning (IRP) process for electric utilities. As described by the PSC, IRP is “a long range planning process that requires a utility to forecast it’s future energy demand and evaluate how that demand can most efficiently and cost-effectively be met.”
Bigger Pie Forum was approved Friday to participate in a docket with the Mississippi Public Service Commission that will decide how the commission reviews the future generation needs and capacity of the state’s two investor-owned utilities, Mississippi Power and Entergy.
Now that regulators have ruled in favor of ratepayers in Mississippi, the Southern Company needs some cash to cover its losses.
Peak idiocy is an apt description of the Kemper County Lignite craze that possessed a former governor, the Mississippi Public Service Commission before the last election, and other notables. I borrowed the term from a recent article in Investor’s Business Daily entitled “Goodbye, OPEC” which asked this question: “Doesn’t it seem like yesterday when the left was running around shrieking about ‘peak oil?’ More like peak idiocy.” Not just the left, it seems.
Bigger Pie Forum commissioned a study of the structure of PSCs around the country. Among its many discoveries, the study found that Mississippi’s arrangement, which has an investigative staff that is a separate entity from the PSC, is unique among the states.