Is NRG Ready to Feel Southern Company’s Pain?

From: The Motley Fool

By Reuben Brewer

NRG Energy has some outside-the-box views of the energy industry. Now it’s following along with stodgy, old-school Southern Company¬†on the carbon capture front, though. Maybe this carbon capture thing is a real possibility after all.

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Big trouble or big opportunity
If¬†Southern Company’s results are any indication, NRG Energy and its shareholders could be in for a rough ride trying to deploy this largely untested technology. In 2013, Southern Company dinged shareholders for $0.83 a share for Kemper cost overruns. Add in the $0.27 a share charge in the first quarter and shareholders have $1.10 a share worth of reasons to dislike carbon capture technology.

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