Then, there's the Southern Company, a rather large utility, that hopefully, won't be making a profit.<quoted text>
You are wrong as usual. Exxon is one of the most profitable corporations in the world. My advice for you is to stick your head down into a bucket of dihydrogen monoxide for ten minutes or so.
Kemper County Coal Plant
The Kemper County Lignite Plant is planned to be built in the Chickasawhay flood plain, meaning that any runoff from the project will impact the Pascagoula River system. What Mississippi Power wants to do is dig a 100-foot hole in the ground to extract lignite, a wet, woody, low-energy coal and then burn it in a 500-megawatt plant to be built next door. 20,000 acres of prime forest land and small farms will have to be eliminated from existence in order to build this plant and dig the giant hole in the ground.
The Kemper County area where the electricity is generated is not in Miss. Power's service area, so the electricity will be supplied to that county and surrounding areas while the citizens in the 26 counties served by Miss. Power will actually have their rates increased in order to pay for the construction of the plant-- even if the plant does not generate a single kilowatt of electricity! This will be the first plant ever built in MS to be paid for by rate increases before it is put on line.
The technology to derive electricity from this wet, fossil wood called lignite is experimental. As a result, Miss. Power has already charged ratepayers to send the plans to China where a pilot project is underway to build a plant and see if it can generate more electricity than the power consumed in its operation. Miss. Power claims that if this technology works it can sell it around the world, but if China is developing the pilot project, it seems obvious that China will be selling the technology around the world, not Miss. Power.