Entergy
Encyclopedia
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. It is headquartered in the Central Business District of New Orleans, Louisiana
.
. It changed its name to Entergy in 1989, and merged/bought Gulf States Utilities
, based in Beaumont, Texas
, as of 12:00 midnight, January 1, 1994. After Hurricane Katrina
hit that city, Entergy temporarily relocated the 1,500 employees and contractors who worked at the headquarters to other cities, including Clinton, Mississippi
, Little Rock, Arkansas
, and The Woodlands, Texas
. In April 2006 the company began moving back into its New Orleans headquarters. Since its inception, Entergy has been headquartered in New Orleans. That city had also been home to Entergy's various corporate predecessors since 1922.
, the western half of Mississippi
and part of southeastern Texas
, including the Beaumont-Port Arthur-Orange and Conroe-Woodlands areas.
A member of the Fortune 500
, Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear
generator in the United States after Exelon Corporation
. It had annual revenues of more than $11 billion in 2010 and approximately 15,000 employees.
Entergy's main operating segments consist of the U.S. Utility segment and the Non-Utility Nuclear segment. The U.S. Utility segment provides retail electricity services to approximately 2.7 million customers in Arkansas
, Louisiana
, Mississippi
, and Texas
. The Non-Utility Nuclear segment operates a total of ten nuclear power plants:
The company also announced that it plans to obtain a license for a new reactor at its River Bend site, although the company has not decided whether to build it. The company's nuclear division is headquartered in Jackson
, Mississippi.
Entergy operates over 40 plants using natural gas
, nuclear
, coal, oil
and hydroelectric power with approximately 30,000 megawatts of electric generating capacity to serve its 2.7 million customers in the Gulf South. Its extensive transmission system carries approximately 23,000 megawatts of power across more than 15500 miles (24,944.8 km) of interconnected lines within a 112000 square miles (290,078.7 km²) area.
Entergy is the only U.S. utility to make the Dow Jones Sustainability Index (DJSI) nine years in a row. The DJSI is a listing of the companies whose overall environmental, social and economic sustainability performance scores were in the top 10 percent for their sector. Entergy was named in 2008 to Forbes
list of America's Most Trustworthy Companies, a ranking based on corporate governance practices and accounting transparency.
On February 24, 2010, the Vermont Senate
voted to prevent the Vermont Public Service Board from issuing the necessary certificate that would allow for the Vermont Yankee plant to have its license renewed for another 20 years. The vote will not affect current operation of the plant, and the issue could be revisited by the legislature in either a special session later in 2010 or in its next regular session in 2011.
New Orleans, Louisiana
New Orleans is a major United States port and the largest city and metropolitan area in the state of Louisiana. The New Orleans metropolitan area has a population of 1,235,650 as of 2009, the 46th largest in the USA. The New Orleans – Metairie – Bogalusa combined statistical area has a population...
.
History
The company was founded as Middle South Utilities in 1949 to acquire several companies in the South Central United States that had previously been owned by General ElectricGeneral Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
. It changed its name to Entergy in 1989, and merged/bought Gulf States Utilities
Gulf States Utilities
Gulf States Utilities was an electric power generation and distribution company headquartered in Beaumont, Texas. The company was founded in 1911 as Eastern Texas Electric, a holding company for Stone & Webster...
, based in Beaumont, Texas
Beaumont, Texas
Beaumont is a city in and county seat of Jefferson County, Texas, United States, within the Beaumont–Port Arthur Metropolitan Statistical Area. The city's population was 118,296 at the 2010 census. With Port Arthur and Orange, it forms the Golden Triangle, a major industrial area on the...
, as of 12:00 midnight, January 1, 1994. After Hurricane Katrina
Hurricane Katrina
Hurricane Katrina of the 2005 Atlantic hurricane season was a powerful Atlantic hurricane. It is the costliest natural disaster, as well as one of the five deadliest hurricanes, in the history of the United States. Among recorded Atlantic hurricanes, it was the sixth strongest overall...
hit that city, Entergy temporarily relocated the 1,500 employees and contractors who worked at the headquarters to other cities, including Clinton, Mississippi
Clinton, Mississippi
Clinton is a city in Hinds County, Mississippi, United States. Situated in the Jackson metropolitan area, it is the tenth largest city in Mississippi. The population was 23,347 at the 2000 United States Census.-History:...
, Little Rock, Arkansas
Little Rock, Arkansas
Little Rock is the capital and the largest city of the U.S. state of Arkansas. The Metropolitan Statistical Area had a population of 699,757 people in the 2010 census...
, and The Woodlands, Texas
The Woodlands, Texas
The Woodlands is a master-planned community and a Census-designated place in the U.S. state of Texas within the metropolitan area. The population of the CDP was 55,649 at the 2000 census—a 90 percent increase over its 1990 population. According to the 2010 census, The Woodlands' population rose...
. In April 2006 the company began moving back into its New Orleans headquarters. Since its inception, Entergy has been headquartered in New Orleans. That city had also been home to Entergy's various corporate predecessors since 1922.
Operations
Entergy's service territory includes almost all of Louisiana (except the northwest and a small corner of the east), the eastern three-fourths of ArkansasArkansas
Arkansas is a state located in the southern region of the United States. Its name is an Algonquian name of the Quapaw Indians. Arkansas shares borders with six states , and its eastern border is largely defined by the Mississippi River...
, the western half of Mississippi
Mississippi
Mississippi is a U.S. state located in the Southern United States. Jackson is the state capital and largest city. The name of the state derives from the Mississippi River, which flows along its western boundary, whose name comes from the Ojibwe word misi-ziibi...
and part of southeastern Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
, including the Beaumont-Port Arthur-Orange and Conroe-Woodlands areas.
A member of the Fortune 500
Fortune 500
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. The list includes publicly and...
, Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear
Nuclear power
Nuclear power is the use of sustained nuclear fission to generate heat and electricity. Nuclear power plants provide about 6% of the world's energy and 13–14% of the world's electricity, with the U.S., France, and Japan together accounting for about 50% of nuclear generated electricity...
generator in the United States after Exelon Corporation
Exelon
Exelon Corporation is an electricity generating and distributing company headquartered in the Chase Tower in the Chicago Loop area of Chicago. It was created in October, 2000 by the merger of PECO Energy Company and Unicom, of Philadelphia and Chicago respectively. Unicom owned Commonwealth Edison...
. It had annual revenues of more than $11 billion in 2010 and approximately 15,000 employees.
Entergy's main operating segments consist of the U.S. Utility segment and the Non-Utility Nuclear segment. The U.S. Utility segment provides retail electricity services to approximately 2.7 million customers in Arkansas
Arkansas
Arkansas is a state located in the southern region of the United States. Its name is an Algonquian name of the Quapaw Indians. Arkansas shares borders with six states , and its eastern border is largely defined by the Mississippi River...
, Louisiana
Louisiana
Louisiana is a state located in the southern region of the United States of America. Its capital is Baton Rouge and largest city is New Orleans. Louisiana is the only state in the U.S. with political subdivisions termed parishes, which are local governments equivalent to counties...
, Mississippi
Mississippi
Mississippi is a U.S. state located in the Southern United States. Jackson is the state capital and largest city. The name of the state derives from the Mississippi River, which flows along its western boundary, whose name comes from the Ojibwe word misi-ziibi...
, and Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
. The Non-Utility Nuclear segment operates a total of ten nuclear power plants:
- New YorkNew YorkNew York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
– Indian Point Energy CenterIndian Point Energy CenterIndian Point Energy Center is a three-unit nuclear power plant station located in Buchanan, New York just south of Peekskill. It sits on the east bank of the Hudson River, 38 miles north of New York City...
and FitzPatrickFitzpatrick Nuclear Generating StationThe James A. FitzPatrick Nuclear Power Plant is located in the Town of Scriba, near Oswego, New York, on the southeast shore of Lake Ontario. The nuclear power plant has one General Electric boiling water reactor... - MassachusettsMassachusettsThe Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
– PilgrimPilgrim Nuclear Generating StationPilgrim Nuclear Generating Station is currently the only nuclear power plant operating in the United States Commonwealth of Massachusetts. It is located in the Manomet section of Plymouth on Cape Cod Bay, south of the tip of Rocky Point and north of Priscilla Beach... - VermontVermontVermont is a state in the New England region of the northeastern United States of America. The state ranks 43rd in land area, , and 45th in total area. Its population according to the 2010 census, 630,337, is the second smallest in the country, larger only than Wyoming. It is the only New England...
– Vermont YankeeVermont Yankee Nuclear Power PlantVermont Yankee is a General Electric boiling water reactor type nuclear power plant currently owned by Entergy. It is located in the town of Vernon, Vermont, and generates 620 megawatts of electricity at full power. The plant began commercial operations in 1972... - MichiganMichiganMichigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....
– Palisades Nuclear StationPalisades Nuclear Generating StationThe Palisades Power Plant is a nuclear power plant located on Lake Michigan, in Van Buren County's Covert Township, Michigan, on a site of 432 acres 5 miles south of South Haven, Michigan, USA.Palisades is owned and operated by Entergy... - ArkansasArkansasArkansas is a state located in the southern region of the United States. Its name is an Algonquian name of the Quapaw Indians. Arkansas shares borders with six states , and its eastern border is largely defined by the Mississippi River...
– Arkansas Nuclear OneArkansas Nuclear OneArkansas Nuclear One is a two-unit pressurized water reactor nuclear power plant located on Lake Dardanelle in Russellville, Arkansas; it is the only nuclear power plant in Arkansas.It is owned by Entergy Arkansas and operated by Entergy Nuclear.... - LouisianaLouisianaLouisiana is a state located in the southern region of the United States of America. Its capital is Baton Rouge and largest city is New Orleans. Louisiana is the only state in the U.S. with political subdivisions termed parishes, which are local governments equivalent to counties...
– River BendRiver Bend Nuclear Generating StationRiver Bend Nuclear Generating Station is a nuclear power station on a site near St. Francisville, Louisiana, approximately north of Baton Rouge...
and WaterfordWaterford Nuclear Generating StationThe Waterford Steam Electric Station, Unit 3, also known as Waterford 3, is a nuclear power plant located on a 3,000-acre plot in Killona, Louisiana, in St. Charles Parish.... - MississippiMississippiMississippi is a U.S. state located in the Southern United States. Jackson is the state capital and largest city. The name of the state derives from the Mississippi River, which flows along its western boundary, whose name comes from the Ojibwe word misi-ziibi...
– Grand GulfGrand Gulf Nuclear Generating StationGrand Gulf nuclear power station is a General Electric boiling water reactor. It lies on a site near Port Gibson, Mississippi. The site is wooded and contains two lakes. The plant has a 520-foot cooling tower.... - NebraskaNebraskaNebraska is a state on the Great Plains of the Midwestern United States. The state's capital is Lincoln and its largest city is Omaha, on the Missouri River....
– support services for the Cooper Nuclear StationCooper Nuclear StationCooper Nuclear Station is a boiling water reactor type nuclear power plant located on a 1,251-acre site near Brownville, Nebraska between Missouri River mile markers 532.9 and 532.5...
through 2014
The company also announced that it plans to obtain a license for a new reactor at its River Bend site, although the company has not decided whether to build it. The company's nuclear division is headquartered in Jackson
Jackson, Mississippi
Jackson is the capital and the most populous city of the US state of Mississippi. It is one of two county seats of Hinds County ,. The population of the city declined from 184,256 at the 2000 census to 173,514 at the 2010 census...
, Mississippi.
Entergy operates over 40 plants using natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
, nuclear
Nuclear power
Nuclear power is the use of sustained nuclear fission to generate heat and electricity. Nuclear power plants provide about 6% of the world's energy and 13–14% of the world's electricity, with the U.S., France, and Japan together accounting for about 50% of nuclear generated electricity...
, coal, oil
Petroleum
Petroleum or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling...
and hydroelectric power with approximately 30,000 megawatts of electric generating capacity to serve its 2.7 million customers in the Gulf South. Its extensive transmission system carries approximately 23,000 megawatts of power across more than 15500 miles (24,944.8 km) of interconnected lines within a 112000 square miles (290,078.7 km²) area.
Entergy is the only U.S. utility to make the Dow Jones Sustainability Index (DJSI) nine years in a row. The DJSI is a listing of the companies whose overall environmental, social and economic sustainability performance scores were in the top 10 percent for their sector. Entergy was named in 2008 to Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
list of America's Most Trustworthy Companies, a ranking based on corporate governance practices and accounting transparency.
On February 24, 2010, the Vermont Senate
Vermont Senate
The Vermont Senate is the upper house of the Vermont General Assembly, the state legislature of the U.S. state of Vermont. The Senate consists of 30 members. Senate districting divides the 30 members into three single-member districts, six two-member districts, three three-member districts, and one...
voted to prevent the Vermont Public Service Board from issuing the necessary certificate that would allow for the Vermont Yankee plant to have its license renewed for another 20 years. The vote will not affect current operation of the plant, and the issue could be revisited by the legislature in either a special session later in 2010 or in its next regular session in 2011.