FROM THE MISSISSIPPI BUSINESS JOURNAL
MAY 12, 2017 BY RICHARD SUN
In a recent column, Bill Crawford asserted that the issue with Kemper is prudent fuel diversity. It is not and never has been. The issue has always been whether the rate payers of Mississippi Power should bear the risk of unproven technology and a long-shot side bet on natural gas prices.
Bill Crawford uses natural gas fuel price uncertainty as the justification for diversifying with Kemper. He cites a high gas price at Henry Hub of $18.48; that was a one day price on February 25, 2003; the day before and the day afterwards the price was below $12.00. The annual average that year was $5.47. Since there is a very predictable seasonal winter peak in natural gas prices, the annual average is more relevant.
READ THE REST OF THE STORY