GULFPORT, Miss., Nov. 23, 2016 /PRNewswire/ -- Mississippi
Power announced today it had achieved another major milestone with
electricity generated in the second gasifier at the Kemper County energy facility by synthesis
gas, or syngas, from lignite. Last month, the company announced
electricity had been generated in the first of the facility's two
gasifiers.
"This is a substantial step forward for the project," said
Mississippi Power Chairman, President and CEO Anthony L. Wilson. "We are now closer to
integrating all of the systems at the facility to deliver on our
mission to provide clean, reliable energy for our customers. I
cannot be happier with this step in the process."
The company announced earlier this month it was completing
maintenance on the first gasifier at the plant, which followed six
weeks of successful syngas production including generation of the
plant's first electricity using syngas.
The remaining major milestones for the IGCC include successful
carbon capture and integration of all systems necessary for both
combustion turbines to simultaneously generate electricity with
syngas. The expected date for the plant to be placed in
service is Dec. 31.
About Mississippi Power
Mississippi Power, a subsidiary of Southern Company (NYSE: SO),
produces safe, reliable and environmentally responsible energy for
more than 186,000 customers in 23 southeast Mississippi counties. Mississippi Power earned
the 2015 ReliabilityOneTM Award for outstanding midsize
utility for excellence in storm restoration and recovery efforts as
well as being a leader in reliability, customer service and safety.
Visit our websites at mississippipower.com and
mississippipowernews.com, like us on Facebook, and follow us on
Twitter, LinkedIn, Google+ and YouTube.
Cautionary Note Regarding Forward-Looking
Statements
Certain information contained in this communication is
forward-looking information based on current expectations and plans
that involve risks and uncertainties. Forward-looking information
includes, among other things, statements concerning the
projected schedule for completing construction and start-up of the
integrated coal gasification combined cycle project in Kemper County, Mississippi (the Kemper
IGCC). Mississippi Power cautions that there are certain
factors that could cause actual results to differ materially from
the forward-looking information that has been provided. The reader
is cautioned not to put undue reliance on this forward-looking
information, which is not a guarantee of future performance and is
subject to a number of uncertainties and other factors, many of
which are outside the control of Mississippi Power; accordingly,
there can be no assurance that such suggested results will be
realized. The following factors, in addition to those discussed in
Mississippi Power's Annual Report on Form 10-K for the fiscal year
ended December 31, 2015, and
subsequent securities filings, could cause actual results to differ
materially from management expectations as suggested by such
forward-looking information: changes in tax and other laws and
regulations to which Mississippi Power is subject as well as
changes in application of existing laws and regulations; the
ability to control costs and avoid cost overruns during the
development and construction of facilities, which include the
development and construction of generating facilities with designs
that have not been finalized or previously constructed, including
changes in labor costs and productivity, adverse weather
conditions, shortages and inconsistent quality of equipment,
materials, and labor, sustaining nitrogen supply, contractor or
supplier delay, non-performance under operating or other
agreements, operational readiness, including specialized operator
training and required site safety programs, unforeseen engineering
or design problems, start-up activities (including major equipment
failure and system integration), and/or operational performance
(including additional costs to satisfy any operational parameters
ultimately adopted by the Mississippi Public Service Commission
(PSC)); the ability to construct facilities in accordance with the
requirements of permits and licenses, to satisfy any environmental
performance standards and the requirements of tax credits and other
incentives, and to integrate facilities into the Southern Company
system upon completion of construction; advances in technology;
actions related to cost recovery for the Kemper IGCC, including the
ultimate impact of the 2015 decision of the Mississippi Supreme
Court, the Mississippi PSC's December
2015 rate order, and related legal or regulatory
proceedings, Mississippi PSC review of the prudence of Kemper IGCC
costs and approval of further permanent rate recovery plans,
actions relating to proposed securitization, satisfaction of
requirements to utilize grants, and the ultimate impact of the
termination of the proposed sale of an interest in the Kemper IGCC
to South Mississippi Electric Power Association; and the ability of
counterparties of Mississippi Power to make payments as and when
due and to perform as required. Mississippi Power expressly
disclaims any obligation to update any forward-looking
information.
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SOURCE Mississippi Power