I Don't Always...

I don’t always believe stories from Mississippi Power or from its parent Southern Company about the Kemper Lignite Plant.  But when I do, it’s because I’ve been kidnapped, tortured, drugged, and forced to watch endless video loops of CNN and MSNBC and Chris Mathews.

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BB King

This piece from Seeking Alpha is designed to be the “chicken soup for the soul” for potential Southern Company investors.  The piece says that the utility presently has the “blues” with billions in cost overruns for the Kemper Project coal gasification power plant…

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Mississippi Public Service Commission (PSC) and the Mississippi River Commission (MRC)

What do the Mississippi Public Service Commission (PSC) and the Mississippi River Commission (MRC) have in common? Both have presided over multi-billion dollar project failures.

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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.

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.

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Kemper IGCC Plant

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.

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