Dominion Begins Building Virginia’s Biggest NatGas Power Station
In March 2015, Dominion–a huge natural gas and electric utility as well as a midstream company–announced plans to build the State of Virginia’s largest natural gas powered electric generating plant, in Greensville County, VA (see Virginia’s Largest Electric Plant to be Powered by Marcellus Gas). The $1.3 billion state-of-the-art natural gas-fired electric generating station will generate 1,600 megawatts of electricity. Dominion’s own 550-mile Atlantic Coast Pipeline (when built) will provide cheap, abundant, clean-burning Marcellus/Utica Shale gas to power it. In July 2015 Dominion filed a request with the Virginia State Corporate Commission (SCC) to build it (see Dominion to Build Electric Plant in S VA Powered by Marcellus Gas). The SCC approved the project in March of this year (see Virginia Approves State’s Largest NatGas-Powered Electric Plant). On Tuesday Dominion announced they’ve begun construction…
Read More “Dominion Begins Building Virginia’s Biggest NatGas Power Station”
In August 2013, Moxie Energy of Vienna, VA sold the permits/rights to build a new Marcellus gas-powered electric generating plant in Bradford County, PA to Panda Power Funds of Dallas, TX (see 
Kinder Morgan’s Tennessee Gas Pipeline Company (TGP) is proposing to build a small pipeline near Scranton, PA to service what will be the state’s largest natural gas-fired electric generating plant, in Jessup (see 
It was just two days ago MDN told you about a Pennsylvania-based electric power generating company–Talen Energy–getting bought out by an investment company (see 
MDN first told you about IMG Midstream in August 2014 (see 
As you may have noticed, in today’s lineup of stories MDN covered news about two different natural gas-fired electric plant companies and the plants they are building in the northeast. Gas-fired plants are not only springing up everywhere in the northeast, but across the country. Why? Because a) Obama’s war on coal has forced many coal generating plants to close, and b) shale gas has made clean-burning natural gas as cheap as, sometimes cheaper than, burning coal to produce electricity. But coal and natgas aren’t the only sources that produce electricity. Solar, wind, biomass and others are also used to produce electricity. Radical environmentalists, who frankly don’t think for themselves and live in a false bubble, pretend that solar and wind could, “if we only had the will,” take over all electric production in this country. What a lark. There’s a reason natural gas is becoming the dominant fuel to produce electricity in this country–it costs less. Our favorite government agency, the U.S. Energy Information Administration, is fresh out with an analysis of how much it costs to build new electric plants. Guess which source is the cheapest? Yep–natural gas. And guess which sources cost two-to-four times as much to build as natgas? Yep–wind and solar. Which is why the radicals want to force natural gas into oblivion. Their preferred sources just can’t compete economically…
Last July MDN told you that Talen Energy, an electric generation company based in Allentown, PA, had cut a deal to acquire MACH Gen, LLC, the owner of three natural gas-fired electric generating plants (see 
It’s been a while since we’ve checked in on the proposed 549 megawatt, $615 million electrical generating plant to be built near Moundsville (Marshall County), WV. At last check almost a year ago, Moundsville Power was on schedule for an opening in 2018 (see 
Strong demand from electric power generators will push natural gas demand this summer up by an estimated 4 billion cubic feet per day (Bcf/d), according to a new report from the Natural Gas Supply Association (NGSA). However, even though there’s more demand, because supplies are so bountiful, the price of natural gas over the summer is actually expected to go down, not up. Using published data and independent analyses, NGSA evaluated the combined impact of weather, economic growth, customer demand, storage inventories and production activity on the direction of natural gas prices for the summer of 2016 compared to last summer. The NGSA says summer 2016 will see a “remarkable growth in demand.” Even so, NGSA expects “downward pressure on prices compared to last summer.” Bummer. It’s great news for consumers and power generating plants. But not so good news for drillers. Below we have a full copy of the NGSA report…
