U.S. Building 133 New Gas-Fired Power Plants to Help Renewables

U.S. utilities and investors plan to add 133 new natural gas-fired power plants to the nation's grid, according to S&P Global Market Intelligence data. Duke Energy alone has ten such plants either under construction or planned---all of which will use Marcellus/Utica molecules. In fact, when we look at a map by S&P showing where the 133 plants are located, it's obvious that the vast majority of the new plants will be fed in full or in part by M-U molecules. It's hard to overstate the importance of gas-fired power plants for M-U drillers (and, by extension, landowners).

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