Kemper Plant News

Southern Co delays advanced coal plant to 2015 amid rising costs

Southern Co will take a $235 million charge in the first quarter and delay the startup of its $5.5 billion coal-gasification power plant in Kemper County, Mississippi, the company said in a filing with regulators on Tuesday. Southern Co, based in Atlanta, is scheduled to release its first-quarter earnings on Wednesday. Southern has previously taken $729 million in charges related to more than $1 billion in cost overruns at the 582-megawatt Kemper County plant, one of only two integrated gasification combined-cycle (IGCC) plants in the nation.