Supreme Court Ruling re Trump Tariffs Won’t Affect OH Gas Plant
Last Tuesday, President Trump unveiled the first projects under a $550 billion trade deal with Japan, including a $36 billion investment in U.S. energy and minerals (see Trump Announces Largest-Ever U.S. Gas-Fired Plant Coming to Ohio). In exchange for reduced tariffs on imports, Tokyo committed to fund initiatives in Texas, Ohio, and Georgia. The centerpiece is a record-breaking $33 billion natural gas power plant in Portsmouth (Scioto County), Ohio, operated by SoftBank’s SB Energy. The 9.2-gigawatt facility would be the largest gas-fired power plant in U.S. history. However, on Friday, the U.S. Supreme Court struck down Trump’s use of tariffs. What does it mean for this $33 billion project in Ohio? Read More “Supreme Court Ruling re Trump Tariffs Won’t Affect OH Gas Plant”
In January 2026, New England experienced record-high natural gas prices triggered by an intense cold snap. On January 27, wholesale electricity costs reached $441.8/MWh, a significant jump from the previous January’s average of $135.08/MWh. The problem is not enough natural gas pipelines. But that’s not what the dunderheads who run the blue states of New England believe. They think natgas is the problem and that more unreliable renewables are the solution. You can’t fix stupid, but you can vote it out of office. 
It’s not often MDN gets to report on something happening in our own (relative) back yard. This is a treat! Construction has begun on an eight-megawatt natural gas fuel cell system at the Huron Campus in Endicott, NY, to support future redevelopment. Developed by Bloom Energy and managed by Phoenix Investors, the facility will supplement existing power from the local utility substation to meet the energy needs of upcoming tenants. The project is located on a site recently cleared of former IBM buildings and is expected to be operational by April or May. This infrastructure investment aligns with ongoing efforts to attract new business to the campus, ensuring reliable utility capacity for the modernized industrial space. Natural gas to the rescue! 
President Donald Trump’s proposal for a $33 billion, 9.2-gigawatt gas power plant in Ohio—funded by Japanese investment, including SoftBank—aims to address soaring energy demands from data centers (see 
Despite political rhetoric scapegoating data centers for rising electricity costs, EIA data reveals that electricity price hikes began long before the data center industry’s expansion. States with high concentrations of data centers, such as Virginia and Texas, maintain residential electric rates below the national average, while Vermont has the fewest facilities but significantly higher costs. An excellent article appearing on RealClearEnergy identifies systemic issues—including aging infrastructure and regulatory inertia—as the true drivers of rising bills. Rather than blaming data centers, the article argues for modernizing the grid and aggressively increasing energy production to meet growing demand. Technology can actually create a more efficient, lower-cost electrical system. 
J.P. Morgan recently facilitated a $5 billion financing package for VoltaGrid, a U.S. energy company specializing in advanced natural gas and behind-the-meter microgrid solutions (think small gas-fired power generators). This funding, comprising $2 billion in senior secured notes and a $3 billion asset-based loan, supports VoltaGrid’s goal to deploy 4 gigawatts of power by 2028. These decentralized energy systems address surging electricity demands from AI and data centers by providing resilient, on-site generation that reduces grid strain. And yes, there is a connection to the Marcellus/Utica region. 
President Donald Trump unveiled the first projects under a $550 billion trade deal with Japan yesterday, including a $36 billion investment in U.S. energy and minerals. In exchange for a 15% reduction in tariffs on imports, Tokyo will fund initiatives in Texas, Ohio, and Georgia to revitalize the industrial base. The centerpiece is a record-breaking $33 billion natural gas power plant in Piketon (Pike County), Ohio, operated by SoftBank’s SB Energy. This 9.2-gigawatt facility—the largest in U.S. history—is designed to create thousands of jobs and support the surging energy needs of data centers and artificial intelligence applications. It will produce enough electricity to power every single home in Ohio! It’s massive. 
This is disappointing. The United Mine Workers of America (UMWA) held a press conference yesterday in Charleston, WV, to oppose new natural gas power plants in West Virginia, citing concerns over coal job losses and community instability. UMW International President Brian Sanson criticized proposed projects by Mon Power and FirstEnergy, arguing that these gas-fired facilities threaten thousands of mining careers while providing only “temporary” construction jobs and minimal permanent staffing. He is urging state and federal lawmakers to enact codified legal protections for the coal industry. 
Pipeline giant Williams issued its fourth quarter and full-year 2025 update last week. The company forecasts 2026 profits exceeding analysts’ expectations, driven by surging natural gas demand from AI data centers and crypto mining. Williams is aggressively expanding its footprint, with 7.1 Bcf/d of pipeline projects currently underway and new gas-fired power plants such as the $1.3 billion “Socrates the Younger” project. The company plans to invest up to $6.7 billion in 2026 capital spending to capitalize on the sustained, long-term need for gas infrastructure and power growth. 
In June 2023, Dominion Energy announced plans to build four small “peaker” electric generating plants in Chesterfield County near Richmond (see 
Last week, MDN told you that Maryland State Senator Kevin Harris (Democrat) had recently introduced legislation allowing Big Utilities, such as Exelon, to build and operate power-generation infrastructure using ratepayer funds. We also presented the counterargument to re-regulating what is now a deregulated power market in Maryland (see 
President Donald Trump and EPA Administrator Lee Zeldin announced the “largest deregulatory action in American history” yesterday by officially revoking the Obama EPA’s 2009 “endangerment finding.” This move eliminates the legal mandate for the federal government to regulate greenhouse gases like carbon dioxide. The administration claims the rollback will save taxpayers over $1.3 trillion and reduce vehicle prices by approximately $2,400 by stripping away emission standards for cars and trucks. More importantly, it takes away the left’s ability to block coal- and natural gas-fired power plants. While Trump hailed the decision as a victory for consumer choice and the economy, anti-fossil fuel fanatics vowed to challenge the repeal in court. 
PJM Interconnection, the electrical grid operator that covers Pennsylvania (along with all or parts of 12 other states and the District of Columbia), has once again caved to the political demands of PA Gov. Josh Shapiro to artificially cap prices in its upcoming capacity auctions for the next two years. PJM caved for the July 2025 auction (see