Mississippi Power

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Mississippi Power
Type Public
Traded as NYSEMPJ
Industry Utilities
Founded 1925
Headquarters Gulfport, Mississippi, USA
Key people G. Edison "Ed" Holland (President & CEO) [1]
Website www.MississippiPower.com

Mississippi Power (NYSE: MPJ) is an investor-owned electric utility and a wholly owned subsidiary of Atlanta based Southern Company.[2] Mississippi Power Company (MPC) is headquartered in Gulfport, Mississippi.

Mississippi Power has 1,253 employees and serves most of the cities, towns, and communities within the 23 counties of southeast Mississippi. The utility also serves six Rural Electrification Administration-financed electric cooperatives: Coast EPA (Electric Power Association), Singing River EPA, Southern Pine EPA, Dixie EPA, Pearl River EPA, and East Mississippi EPA - and one municipality, City of Collins, with wholesale electric power which, in turn, they resell to customers in southeast Mississippi. At .20 cents per KwH they are one of the highest priced power companies in the United States.[3]

History[edit]

Mississippi Power Company was founded in 1923. In 1945, commercial operations began at its Eaton Plant. Two years later, Southern Company was established as a holding company for four utilities, one of which included Mississippi Power Company.

Formerly known as Mississippi Power Company from 1925 to 1976, the company shortened to Mississippi Power, and has maintained that name ever since. However, the official logo since 1996 is Mississippi POWER Company, a Southern Company.[4]

Hurricane Katrina[edit]

August 29, 2005, Hurricane Katrina struck, taking down the company’s electric systems and leaving every single customer without service. With a team of 12,000 - employees and crews from every state and Canada - they were able to restore service to all who could receive it in only 12 days.[5] The severity of the storm has cautioned Mississippi Power with every future investment it has made. Most noticeably is the location of the Kemper Project, which was purposefully selected to be comfortably located miles from the Gulf. It is no wonder that the Kemper Project, officially named Plant Ratcliffe, was named after the 2005 Southern Company CEO, David Ratcliffe. As Mississippi Power’s efforts during the storm turned the lights back on to thousands of customers over two weeks ahead of schedule, this new plant shows Mississippi Power’s dedicated to being a leader.[6]

in 2007, Mississippi Power teamed with the Mississippi Department of Wildlife and Fisheries to begin restocking the Pascagoula River after Hurricane Katrina’s massive fish kill by releasing more than 2,500 largemouth bass advanced fingerlings.[7]

Generating Plants[edit]

Steam Plants[edit]

Plant Nearest City Units Capacity[8]
A.J. Watson Electric Generating Plant Gulfport, Mississippi 5 1,012,000 kW
Victor J. Daniel Electric Generating Plant (Plant Daniel) Escatawpa, Mississippi 4 1,580,000 kW
Greene County Electric Generating Plant (40 percent ownership) Demopolis, Alabama 2 200,000 kW
Lonnie P. Sweatt Electric Generating Plant Meridian, Mississippi 2 80,000 kW

Combustion Turbines[edit]

Plant Nearest City Units Capacity[9]
Chevron Cogenerating Plant Jackson, Mississippi 5 147,292 kW
Lonnie P. Sweatt Electric Generating Plant Meridian, Mississippi 1 39,400 kW
Plant Watson Gulfport, Mississippi 1 40,000 kW

Fuels Used to Generate Electricity[edit]

Fuel Cost of Fuel Percent Generation[10]
Coal $271,992,000 51.00%
Natural gas $260,033,000 49.00%

Transmission, Distribution Facilities[edit]

Mississippi Power maintains 147 substations, 2,118 miles of transmission lines, 4,213 miles of primary overhead lines and 560 miles of primary underground lines. Total generating capacity is 3,098,692 kW.[11]

Plant Ratcliffe (Otherwise Known as the Kemper County Energy Facility)[edit]

Mississippi Power Company is currently constructing the Kemper County Energy Facility, commonly shortened to the Kemper Project, in Kemper County, Mississippi. Construction began in June 2010.[12] The Kemper Project will use state-of-the-art electric power plant technology called integrated gasification combined cycle (IGCC), converting lignite coal to gas.[13] Lignite, an abundant natural resource in Mississippi and commonly referred to as “brown coal”, is very low grade coal. It is not only found in Mississippi, but countries such as Germany, Russia, Turkey, Poland and China have an abundance.[14] Once complete, To meet increasing energy demands, Mississippi Power and the Department of Energy invested in technology to turn lignite, a substance found all over the world, into a viable energy source. The Kemper Project is unique, though, in that it will capture 65% of the carbon dioxide emissions, a byproduct of the chemical gasification process. Quantitatively, 65% equates to 3.5Mt of CO2 being captured annually.[15] This will make the Mississippi coal plant, the cleanest coal plant in the world.[16]

Due to unexpected weather conditions, the Kemper Coal Project, which was originally forecasted to be completed in 2014, was pushed to a 2015 completion date.[17] The announcement of this delay, however, did not impact Fitch Ratings of Mississippi Power’s parent company, Southern Company.[18] In total, 6,000 engineers, scientists and others are all contributing to the construction of the power plant.[19] Once operational, the plant will provide close to 1,000 permanent jobs. For a small county, such as Kemper County, in Mississippi, that is a huge boom to their economy. In fact, the Kemper Project was referenced as being a large proponent of job growth in 2013 for Mississippi, especially for contributing to the camper and RV park business.[20]

The Kemper Coal Project was strategically built by Mississippi Power in order to diverse its energy portfolio.[21] With the majority of its investments in natural gas (a fuel with high price volatility), Mississippi Power turned to other innovative ways to provide power. With their projections, they determined lignite would be a better long-term fuel source than natural gas.[22] Once the plant is operational, it will generate 582,000 kW.[23]

This clean coal project could be a model for the world, as countries like China, agree to pursue research that may bring a similar plant to their backyard.[24] Mississippi Power and Southern Company are pursuing the sale of this technology as every sale will bring a percentage back to Mississippians.[25]

Additional Names for Plant Ratcliffe[edit]

  • Kemper Project
  • Kemper Coal Project
  • Kemper County Coal Project
  • Kemper County Energy Facility
  • Kemper IGCC Plant
  • Kemper CCS
  • Kemper Plant
  • Kemper Power Plant

Notes[edit]

  1. ^ "About President". Mississippi Power. Retrieved 28 May 2014. 
  2. ^ "Mississippi Power - About Us". Mississippi Power. Retrieved 28 May 2014. 
  3. ^ < "Mississippi Power - About Us". Mississippi Power. Retrieved 28 May 2014. 
  4. ^ "Mississippi Power - History". Mississippi Power. Retrieved 28 May 2014. 
  5. ^ "Mississippi Power - History". Mississippi Power. Retrieved 28 May 2014. 
  6. ^ Cauchon, Dennis (10/09/2005). "The Little Company that Could". USA Today. Retrieved 28 May 2014. 
  7. ^ "Mississippi Power - History". Mississippi Power. Retrieved 28 May 2014. 
  8. ^ "Mississippi Power - Generating Plants". Mississippi Power. Retrieved 20 May 2014. 
  9. ^ "Mississippi Power - Generating Plants". Mississippi Power. Retrieved 20 May 2014. 
  10. ^ "Mississippi Power - Generating Plants". Mississippi Power. Retrieved 20 May 2014. 
  11. ^ "Mississippi Power - Generating Plants". Mississippi Power Company. Retrieved 20 May 2014. 
  12. ^ "Kemper County IGCC Fact Sheet: Carbon Dioxide Capture and Storage Project". MIT, Carbon Capture & Sequestration Technologies. Retrieved 28 May 2014. 
  13. ^ "Mississippi Power - TRIG". Mississippi Power. Retrieved 28 May 2014. 
  14. ^ Sunshine, Wendy Lyons. "Lignite". About.com. Retrieved 28 May 2014. 
  15. ^ https://sequestration.mit.edu/tools/projects/kemper.html
  16. ^ https://www.youtube.com/watch?v=wMOiQbc6HJ0
  17. ^ Patel, Sonal (10/03/2013). "Miss. Power Delays Kemper IGCC Plant (Corrected)". Power Magazine. Retrieved 28 May 2014. 
  18. ^ MBJ Staff (05/03/2014). "Fitch Ratings Taking no Action due to Kemper Plant Delay". Mississippi Business Journal. Retrieved 28 May 2014. 
  19. ^ "About the Kemper Project". NBCC. Retrieved 28 May 2014. 
  20. ^ Barnette, Candace (2014-01-16). "Coal Plant Employees Fill Temporary Housing Sites". WTOK. Retrieved 28 May 2014. 
  21. ^ Sullivan, Patrick. "Kemper County Plant is the Right Choice". Mississippi Energy Institute. Retrieved 28 May 2014. 
  22. ^ "Kemper Project - FAQ". NBCC. Retrieved 28 May 2014. 
  23. ^ "Kemper County IGCC Fact Sheet: Carbon Dioxide Capture and Storage Project". MIT, Carbon Capture & Sequestration Technologies. Retrieved 28 May 2014. 
  24. ^ "Southern Teaming with Shenhua Group on Clean Coal Technology". The Daily Energy. 2014-04-11. Retrieved 28 May 2014. 
  25. ^ http://kemperproject.org/kemper-global/

External links[edit]