Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months or so. We sometimes poke good-natured fun at the EIA because their predictions go up in one month, and in…
Read More...A joint report from Northwood University’s McNair Center for the Advancement of Free Enterprise and Entrepreneurship and the Mackinac Center for Public Policy ranks eight key energy industry sectors based on their ability to meet the growing demand for affordable, reliable, and clean electricity generation. The sectors ranked were natural gas, coal, petroleum, nuclear, hydroelectric,…
Read More...It’s full speed ahead for the radical anti-Marcellus Democrats in the Pennsylvania State Legislature. Last week, PA Gov. Josh Shapiro traveled to Scranton, PA, to do a dog-and-pony show announcing his personalized version of the Regional Greenhouse Gas Initiative (RGGI) carbon tax that would apply only to PA (see PA Gov. Shapiro Proposes Own Version…
Read More...The annual CERAWeek by S&P Global conference is happening now in Houston. Everybody who’s anybody is there. (Yes, we’re nobodies; we’re not there!) Oil and gas CEOs, politicians, regulatory agencies — they all convene in Houston to talk about energy at what is billed as “the world’s premier energy conference.” Toby Rice, CEO of EQT…
Read More...Last week, Pennsylvania Gov. Josh Shapiro traveled to Scranton, PA, to do a dog-and-pony show announcing his personalized version of the Regional Greenhouse Gas Initiative (RGGI) carbon tax that would apply only to PA (see PA Gov. Shapiro Proposes Own Version of Marcellus-Killing Carbon Tax). Shapiro calls it PACER, the Pennsylvania Climate Emissions Reduction Act….
Read More...Thanks to abundant, clean Marcellus shale gas, Pennsylvania remained the country’s top electricity exporter in 2023 while simultaneously reaching a new low for carbon dioxide (CO2) emissions from electricity generation, according to the Pennsylvania Independent Fiscal Office’s (IFO) latest analysis. Yes, you read that right. PA is producing more electricity than ever, yet CO2 emissions…
Read More...In an embarrassing act of ignorance, seven Virginia state delegates and two state senators (all of them Democrats) who represent the greater Richmond, VA area signed a statement last Wednesday opposing Dominion Energy’s plan to build four small “peaker” electric generating plants in Chesterfield County, VA, a Richmond suburb (see Dominion Plans to Build 1,000-MW…
Read More...In February, MDN brought you the news that utility giant Duke Energy plans to build a gigantic natural gas-fired power plant next to another planned gas-fired plant at the existing coal-fired Roxboro Plant on Hyco Lake, in Person County, NC (see Duke Energy Seeks to Build 2 Massive Gas-Fired Power Plants in NC). Each plant…
Read More...The Bidenistas at the EPA announced last night the agency will delay, until AFTER the November election, implementing harsh new regulations aimed at closing down gas-fired power plants across the country. The unstated purpose is to remove this highly unpopular edict as a campaign issue so the bag of bones known as Joementia can try…
Read More...Ameren Corporation, a regional electric utility, currently produces two-thirds of its electricity using coal-fired power plants (and almost no gas-fired plants). By 2045, the company plans to have no electricity produced by coal, with unreliable renewables making up most of the mix. The unreliable renewables need a backup — natural gas. The company recently firmed…
Read More...On Feb. 15, members of the South Carolina Public Service Commission approved a proposed project to build a 1,020-megawatt (MV) gas-fired power plant in the state’s Lowcountry, in Colleton County. The project is a 50/50 partnership between Dominion Energy (formerly South Carolina Electric & Gas) and Santee Cooper (South Carolina’s state-owned electric and water utility)….
Read More...In June 2016, Massachusetts-based Clean Energy Future broke ground on an $800 million, 940-megawatt Utica gas-fired electric plant in Lordstown (Trumbull County), OH (see Lordstown Energy Center Breaks Ground on $890M Electric Plant). The plant was completed and went online in October 2018 (see Lordstown (OH) Energy Center Now Online, Generating 940 MW). In 2019,…
Read More...The Tennessee Valley Authority (TVA) is a federally-owned electric utility corporation in the U.S. TVA’s service area covers all of Tennessee, portions of Alabama, Mississippi, and Kentucky, and small areas of Georgia, North Carolina, and Virginia. TVA is the sixth-largest power supplier and the largest public utility in the country. Last May, TVA announced that…
Read More...Tenaska, one of the largest privately operated companies in the U.S., announced it has purchased six 21-megawatt (MW) natural gas power plants in Northeast Pennsylvania from IMG Energy Solutions. Tenaska currently operates approximately 22,000 MW of natural gas-fueled and renewables electric generation. We don’t know where the time has gone, but the last time we…
Read More...Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months or so. We sometimes poke good-natured fun at the EIA because their predictions go up in one month, and in…
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