MS Power CEO Ed Holland weighs in on settlement with Sierra Club - WLOX.com - The News for South Mississippi

MS Power CEO Ed Holland weighs in on settlement with Sierra Club

SOUTH MISSISSIPPI (WLOX) -

Mississippi Power CEO Ed Holland is calling last Monday's settlement between the power company and the Sierra Club over the Kemper County lignite plant a win win. 

New federal environmental standards along with the settlement with the Sierra Club calls for Mississippi Power to repower, convert to natural gas or retire several units at three of its plants, including Plant Watson in Gulfport.  

Holland says those obligations are all things his company would have otherwise done. He visited with WLOX News Wednesday to share more about the settlement and the latest on the Kemper County Plant.

Though the obligations in the settlement between the Sierra Club and the power company include having to do something's in a different way, Holland says the customers will ultimately benefit.

"It absolutely is a win win. We are doing some things that we would have otherwise done. We are doing some things in a way that we might not have done in the way that we agreed to do them in the settlement," said Holland.  

Holland says a highlight of the settlement includes establishing and funding a $15 million grant for an energy efficiency and renewable energy program with the Mississippi Gulf Coast Community Foundation.

"In terms of energy efficiency, it's predominantly conservation measures that were put into low income homes that will lower their power bill to those who are least able to afford to pay. From a renewable standpoint, things that I am very excited about is we'll be able to do some demonstration solar projects at some schools," Holland said.  

Those demonstrations will happen this year and will give students in elementary schools to colleges a chance for hands on experience on renewable energy. As for the facility that prompted the settlement, Holland expects the Kemper County plant to be online by mid-2015.  

"What most people don't realize is the energy out of this plant will be among the lowest cost energy of any plant on the Southern Company system and certainly on the Mississippi Power system. This plant will run 100 percent of the time. It will run like a nuclear plant because fuel, the lignite that it's providing the energy is abundant. We have a set fee for that over the next 40 years," Holland said.  

Watch Holland's full interview on News Watch This Week with David Elliott and Doug Walker at 8:30 Sunday morning.

Copyright 2014 WLOX. All rights reserved.

  • NEWSMore>>

  • Vietnamese community celebrates lunar new year

    Vietnamese community celebrates lunar new year

    Sunday, February 25 2018 11:05 AM EST2018-02-25 16:05:37 GMT
    The Vietnamese Tet celebration ringing in the new year was celebrated Saturday in Biloxi. (Source: WLOX)The Vietnamese Tet celebration ringing in the new year was celebrated Saturday in Biloxi. (Source: WLOX)

    Loud firecrackers, ringing bells, brightly colored costumes and dancing! It was a day of celebration Saturday at the Vietnamese Martyr Catholic Church in Biloxi as people rang in the lunar new year. 

    More >>

    Loud firecrackers, ringing bells, brightly colored costumes and dancing! It was a day of celebration Saturday at the Vietnamese Martyr Catholic Church in Biloxi as people rang in the lunar new year. 

    More >>
  • Another round of rain, potentially severe storms tonight

    Another round of rain, potentially severe storms tonight

    Sunday, February 25 2018 10:44 AM EST2018-02-25 15:44:43 GMT

    South Mississippi will see a break in the heavy rain most of Sunday afternoon as a cold front stalls over the coast. However, there will be a few off and on showers with pockets of moderate rain. Another round of showers and thunderstorms is expected again later tonight. 

    More >>

    South Mississippi will see a break in the heavy rain most of Sunday afternoon as a cold front stalls over the coast. However, there will be a few off and on showers with pockets of moderate rain. Another round of showers and thunderstorms is expected again later tonight. 

    More >>
  • Three dead dolphins found on the Coast

    Three dead dolphins found on the Coast

    Sunday, February 25 2018 10:42 AM EST2018-02-25 15:42:43 GMT
    One of the marine scientists with IMMS inspects a dead baby dolphin after it was found washed ashore in Long Beach Saturday morning. (Source: WLOX)One of the marine scientists with IMMS inspects a dead baby dolphin after it was found washed ashore in Long Beach Saturday morning. (Source: WLOX)

    Marine officials were out in Long Beach Saturday morning after discovering two dead baby dolphins on the beach there. A third baby dolphin was found dead on Ship Island on Friday.

    More >>

    Marine officials were out in Long Beach Saturday morning after discovering two dead baby dolphins on the beach there. A third baby dolphin was found dead on Ship Island on Friday.

    More >>
Powered by Frankly