STATUS: In progress with opposition
OPPOSITION: Sierra Club
BACKGROUND: In December 2006, the developer proposed construction of a 582-megawatt integrated gasification combined cycle (IGCC) plant in Kemper County. In January 2009, the developer filed for a certificate of public convenience and necessity with the Mississippi Public Service Commission (MPSC). In March 2010, a final revised air permit was issued for the facility. The final MPSC permit was approved and accepted in May 2010. Sierra Club sued in June 2010. In August, the U.S. Department of Energy agreed to provide the developer with cost-shared funding of $270 million through a cooperative agreement to design, construct, and demonstrate the project. In October, the Mississippi Supreme Court dismissed Sierra Club’s appeal of the MSPC approval, but allowed Sierra to proceed with a companion case in Harrison Chancery Court, where it was stayed pending the Supreme Court’s decision on jurisdiction. Sierra filed its lawsuit in both locations, since the law was unclear regarding jurisdiction.
The project is estimated to cost approximately $2.4 billion and is scheduled for completion in the third quarter of 2013.
SOURCES: http://www.tradingmarkets.com/.site/news/Stock%20News/2130952/ http://www.jacksonfreepress.com/index.php/site/comments/proposed_coal_plant_finds_opposition_021809/
LAST UPDATED: November 24, 2010