Southern Co.
-
Legal & Regulatory
An 865-MW Georgia Power Coal Plant Is Showing Distress
The future of Georgia Power’s 865-MW coal-fired Plant Hammond in Floyd County, Georgia—which recently slashed more than half its workforce—is murky, company officials said August 3. The four-unit facility that began operations in 1954 employed 190 workers in September 2016. Today, according to company officials, the plant only has 41 full-time employees. Georgia Power Regional […]
-
Gas
Cash-Starved Southern Sells Florida Assets to NextEra
NextEra Energy on May 21 said it would acquire several assets from Southern Co., including Southern’s ownership interest in two natural gas-fired power plants in Florida, in a deal valued at about $6.5 billion. Southern in a statement Monday said the sale would help the company reduce debt, which has dogged Southern as its subsidiary […]
-
Infographics
THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets
The generating fleets owned by some of the largest companies in the U.S. (ranked here by capacity in 2017) have transformed over the past four years, in some cases dramatically, as total revenues fluctuated. Sources: Fidelity Investments (revenue data standardized by S&P Capital IQ); EIA-860 detailed data; SEC 10-K filings, and company websites. —Copy and artwork by Sonal Patel, a […]
-
Nuclear
Accident-Tolerant Fuels Could Be a Boon for Nuclear Industry
Following a planned outage, Unit 1 at the Edwin I. Hatch Nuclear Plant near Baxley in southeastern Georgia returned to service in early March outfitted with first-of-their-kind accident tolerant fuel (ATF)
-
O&M
Reliability, Resiliency Key to Caribbean Rebuild
As another hurricane season approaches, the lessons learned by energy companies that have repaired power infrastructure in Haiti, Puerto Rico, and other areas provide a path forward for reducing the impact of
-
Renewables
Largest Solar Plant in Southeast Will Be Built in Georgia
A 200-MW solar power plant is being planned at a 2,000-acre site near Warner Robins, Georgia, a project that at present would be the largest standalone solar facility in the U.S. Southeast. First Solar, a Tempe, Arizona-based global provider of photovoltaic (PV) systems, announced the project on February 21. The plant already has a power […]
-
Legal & Regulatory
Regulators Back Settlement for Costs of Failed Kemper IGCC Project
Shareholders of Mississippi Power will have to absorb the majority of outstanding costs resulting from the scuttled Kemper County coal gasification project, as the state’s Public Service Commission (PSC) on February 6 approved a settlement for the remaining liabilities associated with the much-touted “clean coal” plant. Mississippi Power in a statement said it “is pleased […]
-
Legal & Regulatory
Georgia PSC Chair: We Wanted Vogtle to Go Forward
Georgia Public Service Commission (PSC) Chairman Stan Wise said his agency was “not going to make a decision to discontinue” construction of two new nuclear reactors at Plant Vogtle, instead putting the decision squarely in the hands of Southern Co. and Georgia Power at the PSC’s December 21 meeting to determine the fate of the […]
-
Legal & Regulatory
State PSC Puts Vogtle Future in Georgia Power’s Hands
State regulators in Georgia have voted not to cancel the troubled nuclear expansion project at the Vogtle Electric Generating Plant near Waynesboro, Georgia, and lead owner Georgia Power has agreed to a set of conditions that the utility must meet in order to continue the project. Georgia Power is one of four utilities with a […]
-
Nuclear
Vogtle Hearings Underway; Tax Law Change Could Speed Resolution
Hearings on the future of the Vogtle nuclear expansion project are underway in Atlanta, Georgia, and events of the past few days could impact how quickly the Georgia Public Service Commission (PSC) and Georgia Power reach a decision on whether construction of two new nuclear reactors continues or is halted. This week’s hearings, which are […]
-
Legal & Regulatory
Southern Co. Tackles Two Hurdles to Move Past Scrapped Kemper IGCC Project
The Securities and Exchange Commission (SEC) last week reportedly closed an investigation concerning costs and delays at Mississippi Power’s now-abandoned Kemper integrated gasification combined cycle (IGCC) project without recommending an enforcement action. Mississippi Power on December 1 also reached an amended settlement agreement with key stakeholders on the remaining costs associated with the $7.5 billion […]
-
Legal & Regulatory
Toshiba Will Make Remaining Vogtle Payments by mid-December
Toshiba Corp. has agreed to accelerate its payments to Georgia Power to help the utility finance completion of the troubled Plant Vogtle nuclear expansion. The deal announced December 5 comes four days after a recommendation from state regulators that the project be abandoned if Georgia Power cannot make it financially viable, and also to lessen […]
-
Legal & Regulatory
DOE Offers Another $3.7 Billion in Loan Guarantees for Vogtle Project
Energy Secretary Rick Perry said in a statement that the “future of nuclear energy in the United States is bright” as his agency on September 29 announced another $3.7 billion in loan guarantees for continued construction of two new nuclear reactors at Plant Vogtle in Georgia. The Department of Energy (DOE) has guaranteed another $1.67 […]
-
Legal & Regulatory
Westinghouse Asks Court to Stop Cancellation of Vogtle Contract
Westinghouse Electric has asked a New York bankruptcy court to stop Georgia Power from terminating Westinghouse’s contract to continue construction of two new nuclear reactors at Plant Vogtle near Waynesboro, Georgia. Westinghouse filed for bankruptcy earlier this year, in large part due to massive cost overruns from the Vogtle project and the V.C. Summer nuclear […]
-
Nuclear
Decision on Vogtle Project May Come in February 2018
State regulators in Georgia could decide the future of the troubled Vogtle nuclear expansion project in February 2018, and have scheduled a series of hearings in December of this year to discuss spending for continued construction of two new units at the plant near Waynesboro, Georgia. The Georgia Public Service Commission (PSC) on September 19 […]
-
Coal
Mississippi Power Will Absorb Costs for Failed Kemper Gasification Project
A settlement Mississippi Power reached on August 21 with stakeholders of the Kemper County facility will ensure customers won’t be subjected to rate increases associated with the now-abandoned gasification portion of the project. While that will affect revenues, the resolution could soften controversy surrounding the project and avoid protracted legal and financial turmoil, the company […]
-
Legal & Regulatory
Cost to Complete Vogtle AP1000 Nuclear Units Could Balloon to $20B
Costs to build the two Vogtle AP1000 units under construction in Georgia could range between $18.3 billion and $19.8 billion—and for now, Southern Co. is pinning its hopes to complete the project on approval from the Georgia Public Service Commission (PSC). Southern Co. CEO Tom Fanning told investors in a second-quarter earnings call on August […]
-
Coal
Improved Maintenance Strategy and Excellent Planning Turns Coal Plant into a Top Performer
Southern Co.’s Plant Scherer was chosen as the 2017 Powder River Basin Coal Users’ Group Plant of the Year based on a rigorous selection criteria, including safety, fire protection, and risk reduction
-
Coal
Billions Over Budget, Kemper Facility Gasification Portion Is Suspended
Operations and start-up of the lignite gasification portion of the Kemper County Energy Facility, marred by exorbitant delays and cost overruns, will be suspended immediately, Mississippi Power announced on June 28. The Southern Co. subsidiary plans to continue running a combined cycle gas turbine (CCGT) plant that was completed as part of the $7.5 […]
-
Legal & Regulatory
Cost Overruns at Vogtle Expected to Soar
Georgia Power officials say the utility continues to work with its partners in the troubled Vogtle nuclear plant to firm up construction timelines and determine the costs to complete two new units at the facility. At the same time, a group opposed to the project and two long-time project consultants say ballooning costs should put […]
-
Legal & Regulatory
Toshiba Agrees to $3.68 Billion Deal to Aid Vogtle Nuclear Construction
A nuclear plant construction project in Georgia that is years behind schedule and billions of dollars over budget has been given a lifeline that at least temporarily eases concerns about its future. Toshiba, the parent company of Westinghouse, and Southern Company subsidiary Georgia Power, majority owner of Plant Vogtle near Augusta, on June 9 reached […]
-
Coal
Kemper, Now Slated to Start in Late June, Will Need Costly Post In-Service Improvement Projects
Mississippi Power’s Kemper County integrated gasification combined cycle (IGCC) project is now expected to be in service by the end of June, but the company expects it will need post in-service improvements. It also said timing of when it will file a case to address the recovery of costs not currently reflected in rates is uncertain. […]
-
Coal
Southern Co. to File Rate Case for Kemper IGCC, Already Economically Unviable in Face of Cheap Gas
Southern Co. announced yet another lag beyond a new in-service date for its Kemper County integrated gasification combined cycle (IGCC) project. Along with concerns about delays and mounting cost increases afflicting the plant’s coal gasification component are how it will be used in the face of cheap gas prices. The company’s subsidiary Mississippi Power last […]
-
Nuclear
Nuclear Farewell?
In 1957, legendary Calypso singer and civil rights activist Harry Bellefonte recorded “Jamaica Farewell,” which became a major hit in the U.S. The song’s chorus: “Sad to say, I’m on my way, won’t be back for many a day.” That looks like the theme song for nuclear power in the U.S. (and perhaps Western Europe […]
-
News
Georgia Power, Southern Nuclear to Take Over Plant Vogtle Work
As the dust from Westinghouse’s recent bankruptcy filing begins to settle, Georgia Power has reached a deal to take over work at its Plant Vogtle nuclear expansion project when the current engineering, procurement, and construction contract on the project ends. The announcement of the intended transfer of management duties came May 12, as an interim […]
-
Coal
Kemper IGCC, Delayed Again, May Not Be Economically Viable
Southern Co.’s Kemper County integrated gasification combined cycle (IGCC) project, stricken by steep cost increases and an in-service date delayed again to mid-March, isn’t economically viable in the face of projected long-term natural gas prices, the company said. Southern Co. subsidiary Mississippi Power reported that integrated operation of the facility’s two gasifiers and combustion turbines […]
-
Nuclear
GE-Hitachi and Southern Nuclear to Pair on Fast Reactor Design Advancement
GE-HItachi Nuclear Energy (GEH) and Southern Nuclear Energy will collaborate to study the development and licensing of GEH’s PRISM sodium-cooled fast reactor design. Southern Nuclear Development, a subsidiary of Southern Co. company Southern Nuclear Operating Co. signed a memorandum of understanding to study the high-energy neutron reactor design, as well as to work together toward […]
-
Coal
Kemper County IGCC Plant Generates First Syngas-Fueled Power
Mississippi Power’s integrated gasification combined cycle (IGCC) plant in Kemper County, Miss., on October 12 has begun generating its first power using a combination of syngas (produced from locally mined lignite) and natural gas. The milestone is a major one, said Thomas Fanning, CEO of Mississippi Power’s parent company Southern Co. “After decades of research […]
-
Coal
Delayed Again, Kemper County IGCC Plant to Start Operations in a Month
Mississippi Power’s integrated gasification combined cycle (IGCC) power plant under construction in Kemper County, Miss., will likely be placed in service by November 30, a month later than anticipated. The delay will be costly. Mississippi Power reached a new milestone on September 16, announcing that it had started producing syngas using the second gasifier—gasifier “A”—at […]
-
Coal
Kemper IGCC In-Service Date Pushed Back by a Month
Mississippi Power has pushed back the in-service date of its much-delayed Kemper County integrated gasification combined cycle (IGCC) plant by a month, to October 31, 2016. Initial production of syngas at the plant began on July 14, and testing continues of gasifier B and related lignite feed and ash systems. “The schedule extension provides for […]