SOUTHERN COMPANY 2010 SUMMARY ANNUAL REPORT
June 23, 2011 Leave a comment
“Our research and development team – the nation’s most comprehensive in-house function of its kind among regulated utilities – has spent years developing a process called Transport Integrated Gasification (TRIG™), which produces energy by converting low-grade coals, such as lignite, into a synthesis gas. In 2012, that technology is set to make its commercial debut in China, a nation better known for exporting, rather than importing, innovation.”
The Technology for the Kemper County Coal plant is not fully proven and has never been utilized in a commercial setting. Our concern is that the cost of unpredictable expenditures could be endless passing the cost onto ratepayers will cripple Mississippi. A request to expand the costs with an explanation can be sent to the PSC for approval. Simple procedure. The caps of 2.2 billion expanded to 2.88 billion have been quoted to the public as being a cap. These quotes are not firm and appear to give a false sense of security. There is no final cap to the cost the ratepayers will be responsible for so far as we have read in the legal documents.