Southern Co.

 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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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

  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 […]

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 […]