Guest Column: Kemper experiment was a bad bet
Southern Company chief executive officer Tom Fanning now says it may be less expensive to run the Kemper power plant on natural gas than gasified lignite (low grade coal). That means the $6.2 billion dollar cost of the gasifier is down the drain. This is what happens when you bet billions on experimental technology. The magnitude of the waste boggles imagination.
For $250 million, Southern could have purchased a used natural gas plant capable of producing as much power as Kemper. While Kemper was under construction, Entergy bought three of them for that price.
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