The Kemper County energy facility is built by Mississippians, for Mississippians, and it is having a major positive impact on the state's economy, creating thousands of jobs.
The project has partnered with a total of 556 Mississippi companies — including contractors, suppliers and vendors — with contracts worth more than $1.6 billion.
At peak construction, nearly 12,000 direct and indirect jobs were created, including 6,000 direct construction jobs.
Once operational, nearly 500 permanent jobs will be created at the plant and adjacent lignite mine. These jobs will increase Mississippi income by $42 million in the first year of operation, while royalty payments related to the mine and oil recovery will total an additional $49 million in income. A total of approximately 1,300 direct and indirect jobs are expected with a payroll of $79 million.
The estimated state and local tax impact is approximately $232 million in the six years since construction began. Once operational, more than $40 million annually will be generated in ongoing local and state taxes.
In addition to environmental benefits of the plant, the company has signed long-term contracts to sell the marketable products from the gasification process such as carbon dioxide, sulfuric acid and ammonia. Revenue from the sale of these products — approximately $50 million annually — will lower the overall costs for customers once the plant is in service.
The location of the Kemper County plant and its ability to capture carbon dioxide will help expand Mississippi and American energy supplies through enhanced oil recovery efforts.
The captured carbon dioxide will be transported along a 61-mile pipeline to Denbury Resources. The company will use the carbon dioxide for enhanced oil recovery to find oil that was previously unreachable.
Using carbon dioxide from Kemper will increase U.S. oil output by 2 million barrels per year, playing an important role in reducing Mississippi's and America's use of foreign oil and keeps oil revenue at home rather than sending it overseas.