By Dan Zegart, originally published at Climate Investigations Center
In a historic vote this morning, Mississippi state regulators slammed the brakes on the Kemper coal power plant, saying they will refuse to ask utility customers to pay anything for Kemper's non-functional multi-billion dollar “clean coal” gasification technology and will re-designate the plant as a natural gas facility.
In a joint press release explaining their unanimous decision, the three Mississippi Public Service commissioners said they seek a solution that “eliminates ratepayer risk for unproven technology and assures no rate increase to Mississippi Power customers,” and that they want Mississippi Power, the Southern Company subsidiary that built Kemper, to consider rolling back existing rates.
“I think it's high time we finally turn the corner on this project and also strongly protect our ratepayers, who should only have to pay for what actually delivers electricity,” said PSC chairman Brandon Presley in an interview. Presley was, until recently, the lone opponent of a bloated, runaway project that saw costs jump from $2.3 billion in 2010 when work began to $7.5 billion now.