The Kemper County energy facility is being built by Mississippians, for Mississippians, and it's already creating thousands of careers.
Nearly 12,000 direct and indirect jobs will be created during construction. Peak construction employment will be approximately 6,000, and more than 1,000 direct and indirect permanent positions will be in place once the facility opens. This is delivering a tremendous economic boost to the state of Mississippi. More than 480 companies in our state have a significant role in the construction of the project.
During construction the project will create nearly $75 million in state and local taxes. Once operational the project will create $30 million annually in state and local taxes during the life of the plant.
EXPANDING AMERICAN ENERGY SUPPLY
In addition to environmental benefits of the plant, the company has signed long-term contracts to sell the byproducts from the gasification process such as carbon dioxide, sulfuric acid and ammonia. Revenue from the sale of these byproducts-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 and Treetop Midstream Services. The companies will use carbon dioxide for enhanced oil recovery for 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.
Sales of byproducts such as carbon dioxide captured in the gasification process are expected to generate approximately $50 million to $100 million annually, which will lower the overall cost to customers once the plant is in service.