Southern Company
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CoalKemper County IGCC Costs Rise and Delays Loom—Again
In what has become a regular occurrence with the Kemper County integrated gasification combined cycle power plant, Mississippi Power announced in a filing with the Securities and Exchange Commission on April 1 that costs have risen from the most recent projections and further delays in its in-service date are possible. Though the $18 million in […]
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NuclearAdvanced Nuclear, Solar-Storage Projects Get DOE Funds
The Department of Energy (DOE) announced on January 15 that it was awarding up to $40 million each in cost-shared funding to Southern Co. and X-Energy to “support work to address key technical challenges to the design, construction, and operation of next generation nuclear reactors.” It also announced on January 18 that it was awarding […]
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NuclearReport Compares and Contrasts Owners of New Nuclear Plants
A report released this week by Moody’s Investors Service provides an interesting analysis of two companies knee-deep in nuclear plant construction projects. The peer comparison takes a look at Georgia Power Co.—a Southern Co. subsidiary—and South Carolina Electric & Gas Co. (SCE&G)—a SCANA Corp. subsidiary. Georgia Power is adding two new units to its Alvin […]