Mississippi Power requests $600mn for Kemper County IGCC plant

Kemper County integrated gasification combined cycle power plant Mississippi Power Public Service Commission

Mississippi Power asked state regulators for an additional $540 million to build the 582 MW Kemper County integrated gasification combined-cycle (IGCC) power plant, bringing the cost up to $3.42 billion after Department of Energy grants and cost cap exceptions are included. Rising labor, piping and other material costs and lower productivity are to blame for the increase.

“While we are disappointed that costs have increased, we believe we have done the right thing by remaining accountable to our customers,” said Ed Day, president and CEO of Mississippi Power. “Equally important is keeping the promise we made in the settlement agreement with the Mississippi Public Service Commission to limit the total rate base for the plant to $2.4 billion, net of Department of Energy grants and cost cap exceptions.”

Due to the Jan. 24 settlement, investors will have to cover the rest, resulting in a $540 million loss in the first quarter, according to WLOX-TV.

The utility said in a release that the final component of the gasifier was lifted into place, and the water treatment facility and combined-cycle cooling tower are completed. The plant is scheduled to begin operations in May 2014.

Read more clean coal technologies news

Sponsored by FLSmidth

Related Articles

Miss. Power Co. announces start of gasifier at Kemper plant

Mississippi Power Co. announced Monday that it had fired up gasifiers at its Kemper County power plant for the first time.

 Toshiba steam generator in operations at Kemper IGCC power plant

Toshiba steam generator in operations at Kemper IGCC power plant

A Toshiba steam turbine is now operational at the Kemper county Integrated Gasification Combined Cycle Plant in Mississippi.

Follow Power Engineering on Twitter
Latest News

FERC approves NextEra & Hawaiian Electric merger

The Federal Energy Regulatory Commission (FERC) approved a proposed merger between NextEra En...

NRC won’t investigate SCE in SONGS shut down

The U.S. Nuclear Regulatory Commission (NRC) said it is dropping its investigation of Souther...

Prairie Island nuclear Unit 2 back online after false fire alarm

Prairie Island 2 nuclear power plant in Minnesota is back online three weeks after a false fi...

Gov. Nixon, EaglePicher Technologies holds groundbreaking ceremony for new Li-ion battery center

Missouri Gov. Jay Nixon joined officials with EaglePicher Technologies for a groundbreaking c...

NuScale completes upper module mockup of small nuclear reactor

NuScale Power LLC said it completed fabrication and assembly of a full-scale, upper module mo...

Farley nuclear power plant goes offline for scheduled outage

Workers at the Farley nuclear power plant in Alabama took Unit 1 offline for a scheduled refu...

GE Hitachi Nuclear Energy dedicates reactor training area

GE Hitachi Nuclear Energy (GEH) dedicated its new boiling water reactor under-vessel training...

Shell Chemical nears air permit for 250-MW power project in Pennsylvania

Shell Chemical Appalachia LLC is close to an air permit from the Pennsylvania Department of E...

Power Engineering Current Issue

02/01/2015
Volume 119, Issue 2
1502PE-cover
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Power Industry Wire News

Perma-Fix Reports Results for Year Ended December 31, 2014 Including 33% Increase in Revenue, 120% Increase in Gross Profit, $2.2 Million of Adjusted EBITDA and $796,000 of Net Income for the Fourth Quarter of 2014

Perma-Fix Reports Results for Year Ended December 31, 2014 Including 33% Increase in Re...

Rhombus Energy Solutions, Inc. Acquires Energy Development Associates, LLC

Rhombus Energy Solutions, Inc. Acquires Energy Development Associates, LLC

Sharp Electronics' SmartStorage(R) Behind-the-Meter Energy Storage Solution Installed on Baker Electric Facility in Southern California

Sharp Electronics' SmartStorage(R) Behind-the-Meter Energy Storage Solution Installed o...

Torchlight Energy Begins Drilling First Well in Its Orogrande Project

Torchlight Energy Begins Drilling First Well in Its Orogrande Project

ZBB Agile Flow Battery Receives Key Third Party Performance Validation

ZBB Agile Flow Battery Receives Key Third Party Performance Validation

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>