Mississippi Power to retire 976 MW of coal by 2027 utilitydive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from utilitydive.com Daily Mail and Mail on Sunday newspapers.
Published: Monday, February 22, 2021
Energy collage. Credits: Claudine Hellmuth/E&E News (illustration); Internet Archive Book Images/Flickr (drafting sketches); jwigley/Pixabay (pump jack); MaxPixel (turbines); Tikilucas/Wikimedia Commons (coal plant)
Many state energy regulators are pushing for less coal power and more renewables, forcing some electric companies to redo their long-term energy plans. Claudine Hellmuth/E&E News (illustration); Internet Archive Book Images/Flickr (drafting sketches); jwigley/Pixabay (pump jack); MaxPixel (turbines); Tikilucas/Wikimedia Commons (coal plant)
Utility regulators in several states are taking the unusual step of telling electric companies to redo their long-term energy road maps, a move that could dramatically alter the trajectory of fossil fuels and renewables.
New report shows Plant Daniel provides little economic value to Mississippi
Today the Mississippi PSC held a special meeting and unanimously approved a new order in Docket No. 2018-AD-145, governing Mississippi Power Company s Reserve Margin Plan. Recognizing that Mississippi Power is generating far more power than is needed by consumers and that rate-payers are paying for the extra costs the Commission ordered Mississippi Power to present a plan for reducing its electricity-generating capacity by 950 MW by 2027.
The order coincided with a new publicly released report by Bates White, a private consulting firm hired by the Mississippi Public Utilities Staff. The report shows that Plant Victor J. Daniel, a 1,004 MW coal plant in Jackson County, is no longer economic for Mississippi Power customers, costing much more to run and maintain than the energy is worth. Sierra Club has long called attention to Plant Daniel as an uneconomic source of electricity and major source of dirty a