Last November, a Floyd County Circuit Court judge ruled Virginia Governor Glenn Youngkin’s effort to remove his state from the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme was not legal—therefore the state would, for now, remain in the carbon tax club (see Circuit Court Judge Rules Virginia Can’t Leave RGGI Carbon Tax). Youngkin promised…
Read More...This morning, Diversified Energy, FuelCell Energy, and TESIAC announced a strategic partnership “intended to address the urgent energy needs of data centers” by supplying as much as 360 megawatts (MW) of electricity to three distinct locations in Virginia, West Virginia, and Kentucky. The partnership has agreed to create an Acquisition and Development Company (ADC), essentially…
Read More...Dominion Energy plans to build small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The Chesterfield Energy Reliability Center (CERC) calls for building four 250-megawatt gas-fired power plants (1,000 MW total) that can jump into action during the coldest and hottest…
Read More...In November 2023, the Federal Energy Regulatory Commission (FERC) agreed with a petition from Dominion Energy subsidiary Virginia Electric and Power Company that requested a planned LNG production, storage, and regasification facility in Greensville County, VA, should be exempt from FERC jurisdiction under section 7 of the Natural Gas Act (see Dominion LNG Storage for…
Read More...This is one of those “man bites dog” stories. It wouldn’t be news if a Virginia House of Delegates member who is Republican proposed allocating $15 million of taxpayer money to provide “road extension, grading, and natural gas pipeline extension” for a natural gas power plant and potential data center in Pulaski County, in rural…
Read More...The Pittsylvania County Planning Commission voted on Jan. 7 to recommend against granting Virginia-based Balico permission to proceed with a $8.85 billion project to build a data center complex. Last October, Balico applied to rezone more than 2,200 acres for a proposed campus that would include its own massive on-site gas-fired power plant complex using…
Read More...It’s always a red-letter day here at MDN HQ when we happen across a new pipeline project in the Marcellus/Utica region. Today is one of those days! Eastern Gas Transmission and Storage, a subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy (BHE), filed a new project with the Federal Energy Regulatory Commission (FERC) in December…
Read More...Dominion Energy plans to build small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see Dominion Plans to Build 1,000-MW Gas Peaker Plant Near Richmond, VA). The Chesterfield Energy Reliability Center (CERC) calls for building four 250-megawatt gas-fired power plants (1,000 MW total) that can jump into action during the coldest and hottest…
Read More...Diversified Energy, with major assets in the Marcellus/Utica region (also assets in other regions, too), owns approximately 8 million acres of leases with 67,000 (mostly) conventional oil and gas wells. The company’s business model is to buy lower-producing wells on the cheap and find ways to make them more productive. Earlier today, the company announced…
Read More...The dataheads (sounds better than geeks or eggheads) at the U.S. Energy Information Administration (EIA) published an interesting analysis on Friday detailing which states export the most and import the most electricity. In 2023, Pennsylvania exported 83.4 million megawatt-hours (MWh) of electricity to other states in the PJM electric grid. That’s roughly 26% of all…
Read More...In November, MDN told you that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). Diversified and EQT are ponying up $3.25 million each ($6.5 million total) with requirements for Diversified to plug more wells…
Read More...The left can no longer hide the truth, as they have tried to do for years. The truth is, with the advent of data centers and artificial intelligence and their enormous demand for new electricity, there is only one solution that will work, at least in the next 10-20 years: natural gas power. A Democrat-controlled…
Read More...One month ago, we brought you the news that Diversified Energy and EQT Corporation had settled a class action lawsuit originally brought by several West Virginia landowners (see EQT, Diversified Settle WV Class Action Lawsuit re Old Wells). There is the money aspect of the lawsuit, a payout of up to $6.5 million (subject to…
Read More...In 2021, as he was running for Governor in Virginia, Glenn Youngkin pledged that if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Youngkin kept his promise, although it took longer than he had hoped. Unfortunately, the left-leaning…
Read More...Antis did their best, but their best wasn’t good enough. Mountain Valley Pipeline (MVP) victoriously began to flow up to 2 Bcf/d of Marcellus/Utica molecules in June (see Confirmed: M-U Gas Now Flowing Through Mountain Valley Pipeline). Construction of the project, which crosses steep mountains, has not been without its challenges, chief among them erosion…
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