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Related: About this forumSouthern's dream of a fully functional 'clean coal' power plant is facing another setback
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Southern's dream of a fully functional 'clean coal' power plant is facing another setback
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Southern Co.s Kemper Plant Already Billions Over Budget
By Russell Gold
June 5, 2017 8:07 p.m. ET
Southern Co.s dream of a fully functional clean coal power plant is facing another setback.
The company said Monday that it would need to redesign and replace a critical component in its Kemper County, Miss., power plant in order for the plant to achieve long-term sustained operations. The related engineering and construction could take 18 to 24 months, it said.
Southern is trying to build the first power plant of its kind, one able to burn coal and capture about 65% of the carbon-dioxide emissions. But the project has faced repeated delays and cost overruns, and since last year, as the facility began to test the equipment, it has experienced leaks and other problems that have pushed back when the facility would be fully operational.
The companys Mississippi Power unit, which is building the facility, said it has spent $5.9 billion on the power plant so far, and $7.5 billion on the plant, coal mines and pipelines to carry the captured carbon dioxide to oil companies, which would pump it underground to extract more crude oil from wells. In 2010, the facility was forecast to cost $3 billion to build.
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Write to Russell Gold at russell.gold@wsj.com
still_one
(92,219 posts)So we spend a significant amount of money, spending a lot of time building these plants, that still are unable to avoid 35% of green house gasses, and we call that a success?
It is a bandaid approach. This money should have been reinvested in renewable energy sources decades ago. We have effectively done very little, and if Southern's CCS plant finally does come online, I believe it will be the first plant of its kind, and it will still not completely eliminate green house gasses, cost a tremendous amount of money, and waste a considerable amount of time, when that could have all been reinvested in renewable energy sources.
The good news is that renewable energy sources such as solar is increasing, but we need to explore as many options as possible.
hatrack
(59,587 posts)Oh well. Got to protect Sacred Coal at any cost!
still_one
(92,219 posts)sources
hatrack
(59,587 posts)I'd be seriously surprised if total payouts on all of this low-hanging fruit even approached 10% of what they're blowing through on CCS.