Duke Energy has plans to build multiple new clean-burning natural gas-fired power plants to supply its grid over the next 15 years–some 4.7 gigawatts of new gas-fired plants (see Duke Energy Plans Lots of New Gas-Fired Plants in NC/SC/Elsewhere). Of course, anti-fossil fuel wackos are objecting. They have a “better” plan in mind for you…This
Read More...Banpu is Thailand’s largest coal mining company. But Banpu is far more than just a coal company. It has multiple subsidiaries in various energy industries scattered around the globe. For example, here in the U.S. Banpu partners with Kalnin Ventures and operates BKV Corporation, the American shale drilling arm of Banpu. We spotted an article
Read More...Pennsylvania’s Independent Regulatory Review Commission (IRRC) has just thrown up a huge roadblock to Democrat/autocrat PA Gov. Tom Wolf’s attempt to railroad through a proposal to force PA to join the Regional Greenhouse Gas Initiative (RGGI), a $2.6 billion carbon tax aimed at killing coal and gas-fired power plants. The IRRC told the rule-adopting Environmental
Read More...On Friday, representatives of a “dark money” political action committee called Generation Now signed a guilty plea admitting their part in the biggest bribery scandal to ever hit Ohio. Generation Now was set up as a social welfare nonprofit but in reality was a shell organization that received “tens of millions of dollars” from FirstEnergy
Read More...Ohio AG Dave Yost We continue to peel back the layers of the rotten, smelly, stinky onion that is Ohio’s House Bill (HB) 6, a law granting billions (plural) to FirstEnergy in an attempt to prop up the company’s economically failing nuclear power plants. FirstEnergy is accused of bribing legislators to pass, and keep passed,
Read More...Ohio Attorney General Dave Yost continues to hammer FirstEnergy Corporation. In November Yost filed a lawsuit to block the collection of $150 million provided for under House Bill (HB) 6, aimed at propping up FirstEnergy’s unprofitable nuclear power plants in the state (see OH AG Files 2nd Lawsuit to Block FirstEnergy $150M Nuke Payments). Yost
Read More...(Credit: Hartford Courant/Kassi Jackson) Ever see a spoiled rotten child, say about two years old, who is told “NO” and proceeds to throw a temper tantrum and drop to the ground and lie there, not moving, pretending to be dead? That’s what the scene looked like yesterday in Hartford, Connecticut as a small group of
Read More...FirstEnergy is up to its metaphorical rear-end in alligators. Not only has the Ohio Supreme Court blocked (for now) the collection of annual $150 million payments from the residents of Ohio given to FirstEnergy to prop up its uneconomic nuclear power plants, but multiple (over a dozen) lawsuits have been filed against the company by
Read More...It really is frustrating and beyond belief. Republicans in Ohio continue to fiddle around and try to delay overturning House Bill (HB) 6 that gives FirstEnergy a $1.1 billion bailout to keep its economically failing nuclear power plants from closing. The company’s Energy Harbor subsidiary is accused of bribing Ohio House members with $60 million
Read More...Anti-fossil fuelers have a new favorite lie to tell: Any kind of power plant or pipeline that uses natural gas is racist. It’s a sick and twisted lie, but that’s the line they now use. For example, the Virginia Air Pollution Control Board recently approved a permit for the construction of a new 17-megawatt natural
Read More...Big Green groups conducted a highly coordinated effort to pack Pennsylvania Environmental Quality Board (EQB) virtual hearings on Gov. Tom Wolf’s $2.36 billion carbon tax scheme. Big Green claims 95% of those blabbering on during the hearings supported the tax, which would kill the gas-fired power generation industry in the state. There’s still time for
Read More...Tomorrow the Harrison County Commission will consider (and most likely approve) an extension for an option to purchase property at the site of a proposed natural gas-fired power plant in Harrison County. Energy Solutions Consortium (ESC) currently has an option to buy the site of a proposed 550-megawatt natural gas-fired power plant, but the option
Read More...Yesterday MDN brought you a post about the dramatic increase in natural gas-fired electric plants in the Marcellus/Utica, particularly Pennsylvania (see NatGas-Fired Power Plants in M-U See Dramatic Increase 2015-2019). Today we have another post (also from the U.S. Energy Information Administration) about gas-fired electric power. Gas-fracking giant Pennsylvania was the largest net exporter of
Read More...If there’s a bad cold snap in New England this winter forcing residents to use more natural gas (leaving less natgas for power plants), blackouts may occur. That’s the prediction from the North American Electric Reliability Corporation (NERC) in their just published 2020-2021 Winter Reliability Assessment (full copy below). If blackouts do occur, the residents
Read More...click for larger version FirstEnergy continues to get battered over its alleged role in a $60 million bribery scandal in Ohio. The latest blow comes from the country’s three main ratings agencies, Fitch, Moody’s and S&P, which have all downgraded FirstEnergy’s credit rating to ‘junk’ status. This post appeared first on Marcellus Drilling News.
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