southern company news
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Southern Co. CEO defends Miss. power project
Pine Mountain :: GA :: USA | 2 days ago
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Ga. (AP) The head of Southern Co. called the decision to write off $540 million in extra costs on a Mississippi power plant "a bitter pill for us to swallow," but he defended the project Wednesday as a long-term investment for the large utility.
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Kemper overruns claim Miss. Power's president
Meridian :: MS :: USA | 4 days ago
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Miss. (AP) Ed Day said his main job as president of Mississippi Power Co. was to successfully complete the company's Kemper County power plant. Now, more than $1 billion in cost overruns at the coal-fired plant have claimed his job, and parent
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Feds probe nuclear contractor over allegations
Lake Charles :: LA :: USA | 16 days ago
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The Associated Press The Associated Press 1 hour ago Associated Press Federal regulators are investigating whether workers at a factory that supplies parts to nuclear plants broke quality control rules and falsified records, according to
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Worker errors led to Ga. power plant explosion
Atlanta :: GA :: USA | 22 days ago
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Employee errors led to an explosion that rocked Plant Bowen in northwest Georgia, according to a Georgia Power official. Georgia Power spokesman Mark Williams told the Atlanta Journal-Constitution Thursday that ( http://bit.ly/13Q4IB3 ) that an
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A Sustainable High Yielding Electric Utility for Keeps
Alexandria :: VA :: USA | 1 month ago
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With the looming European sovereign debt crisis and lower than estimated job creation, finding growth picks has become difficult. To hedge the risks of macroeconomic uncertainty, owning income growth stocks has always been advisable. But, investors
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Explosion Cuts Southern Energy's Capacity by 7.3%
Cartersville :: GA :: USA | 1 month ago
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According to the utility, an explosion occurred at one of the plant's four units "the cause of which is still under investigation." Southern reports that no employees were seriously injured and that the explosion does not present a threat to the
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Miss. regulators to consider Kemper rate increase
Long Beach :: CA :: USA | 3 months ago
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Miss. (AP) Utility regulators will be asked again Tuesday to approve a rate increase to repay money Mississippi Power Co. has borrowed to build a coal-fired power plant in Kemper County. The unit of Atlanta-based Southern Co. wants a total rate
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Utility: New nuclear plant in Ga. over budget
Atlanta :: GA :: USA | 3 months ago
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Southern Co. said Thursday it will exceed its original budget to build a first-of-its-kind nuclear plant, a troubling development for an industry long plagued by cost overruns. The Atlanta-based utility formally asked regulators to raise its budget
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Ga. debates penalizing utility over nuclear costs
Atlanta :: GA :: USA | 3 months ago
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A proposal to trim a Georgia utility's profits should it go over-budget in constructing a nuclear power plant faces an uphill climb in the state Legislature. Rep. Jeff Chapman , R-Brunswick, asked a House subcommittee Tuesday to support his proposal
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Georgia nuclear facilities progressing, but nuclear revival is not
Denver :: CO :: USA | 3 months ago
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Font Resize The Atlanta Journal- Constitution When major construction started at Georgia Power's Plant Vogtle nuclear expansion project near Augusta, Ga., a year ago, all eyes were on what was supposed to be the rebirth of the nuclear industry after
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