cost increases

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 […]

Mississippi Power’s lignite-fired Kemper County integrated gasification combined cycle (IGCC) power plant is seeing yet another delay and $110 million in new costs, a filing with state regulators shows. The company’s December 2015 monthly status report for the nation’s first commercial power plant that will capture and store carbon dioxide anticipates that it will now […]

Mississippi Power has revealed a new cost increase of $110 million for its Kemper County integrated gasification combined cycle (IGCC) facility. But, the company said that it has tested one of two gasification units—reaching what it says is the project's "most significant milestone yet"—and that it does not expect any new delays. Testing the gasifiers […]

Cost estimates for the Kemper County Integrated Coal Gasification Combined Cycle project (IGCC) have surged another $330 million since August, mostly owing to delays that have shifted the plant’s in-service date to the first half of 2016.  Plant owner Mississippi Power’s latest monthly report submitted to the Mississippi Public Service Commission shows that the project’s total […]