Tuesday, 5 December 2017
Mississippi Power signs settlement with regulator on $7.5bn Kemper coal gasification plant
The 582MW Kemper power plant
US regulators have reached a settlement with Mississippi Power on the split of the remaining costs associated with the troubled $7.5 billion Kemper County power plant – once intended as a pilot coal gasfication plant before developers pulled the plug over technical issues. After months of quarrels at court, Southern Co. agreed to lower the price tag on the project by $85 million to $853 million, lowering the burden on ratepayers.
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Published in
Regulation & Policy
