FERC Approves Vistra Plan to Buy Gas-Fired Power Plants from Lotus
Gas-fired power plants in the Marcellus/Utica region (and beyond) continue to change hands at a rapid pace. In May, Vistra Corp. announced a deal to acquire seven natural gas-fired power plants, totaling approximately 2,600 MW of capacity, from Lotus Infrastructure Partners (see 1,320 MW Fairless Power Station in Bucks County, PA Sold to Vistra). The acquisition includes five combined-cycle gas turbine facilities and two combustion turbine facilities located across PJM, New England, New York, and California. The deal just received an important approval from the Federal Energy Regulatory Commission (FERC). Read More “FERC Approves Vistra Plan to Buy Gas-Fired Power Plants from Lotus”
Mon Power and Potomac Edison are local utilities and subsidiaries of FirstEnergy Corp. The two companies recently submitted an Integrated Resource Plan (IRP) to the West Virginia Public Service Commission, outlining how they will continue to deliver reliable, cost-effective power to West Virginia homes and businesses over the next decade. The big news (for us) is that the companies are seriously exploring the possibility of building a new 1,200-megawatt natural gas combined-cycle power plant, which is expected to be operational around 2031. 
The State of Maryland opened the door on Tuesday to a program that could, theoretically, fast-track energy projects through the state’s regulatory process in hopes of boosting the amount of power generated in the state. For the next 30 days, the Public Service Commission (PSC) will accept applications for large-scale power projects, also known as “dispatchable” generation, which can provide energy quickly during periods of peak demand. The problem is that this effort is merely window dressing. It’s a pretense. No major new natural gas power plants will be built in the state. 
The Tennessee Valley Authority (TVA) is the sixth-largest power supplier and the largest public utility in the country. In 2021, MDN told you that TVA is spending over $1 billion to replace six coal-fired plants with natgas-fired turbines (see 
In April, Knighthead Capital Management, Homer City Redevelopment (HCR), and Kiewit Power Constructors Co. announced a plan to convert the former Homer City Generating Station, previously the largest coal-fired power plant in Pennsylvania (Indiana County, 50 miles east of Pittsburgh) into a more than 3,200-acre natural gas-powered data center campus, designed to meet the growing demand for artificial intelligence (AI) and high-performance computing (see 
The Eddystone Generating Station is a power plant owned by Constellation Energy Corporation, located in Eddystone, PA (near Philadelphia, in Delaware County). Units 3 and 4, each with 380 MW of generation capacity, can run on either natural gas or oil. The Eddystone Units were initially scheduled for retirement on May 31, 2025; however, the U.S. Department of Energy (DOE) intervened and ordered both units to remain online and active due to emergency energy conditions in the PJM grid. The original order kept both units online and active an extra 90 days, until August 28. DOE Secretary Chris Wright sent a new order to Constellation extending the operation of the two units for an additional 90 days, until November 26 (see 
Last week, we brought you several posts about a “summit” (a blaming and bullying session) convened by one of the biggest bullies on the political scene today, Pennsylvania Governor Josh Shapiro, to complain about high electricity prices in the PJM Interconnection grid (see 
As we’ve explained multiple times, the policies of governors like Josh Shapiro (Pennsylvania), Maura Healey (Massachusetts), and Ned Lamont (Connecticut) are the DIRECT cause of higher electricity prices. And now that prices are soaring, those governors are running away from their culpability as fast as they can, attempting to shift blame (see 
Homer City Redevelopment is transforming the former Homer City Generating Station in Indiana County, Pennsylvania, into the $24 billion Homer City Energy Campus, one of the largest redevelopment projects in state history (see 
Last Thursday, MDN informed you about a public hearing scheduled for that day by the West Virginia Department of Environmental Protection (WV-DEP) for the Adams Fork Energy Project in Mingo County (see 
Yesterday, we told you about comments made by several governors from states covered by the PJM electric grid delivered to a bash PJM summit organized by Pennsylvania Governor Josh Shapiro (see 
Finally, some movement on approving a new gas-fired power plant project in Chesterfield County, VA. Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County near Richmond (see 
The annual 
We must confess that we’re disappointed in Virginia Governor Glenn Youngkin (Republican). After such a promising term as governor (term limited to a single, four-year term, ending this year), Youngkin joined a gang of Democrat governors, headed by the biggest bully of them all, Pennsylvania’s Josh Shapiro, in bashing PJM at a “bash PJM” event hosted by Shapiro in Philadelphia earlier this week. Youngkin and various Dem governors, including Maryland’s Wes Moore and New Jersey’s Phil Murphy, made threats against PJM via speeches delivered remotely (they couldn’t even be bothered to travel a few hours to Philly to be there in person). We say fine, take your marbles and go home. Leave PJM and see how that works out for you when your residents are sitting in the dark 50% of the time and you’ve ended your political careers overnight. 