NRG Buys 18 Gas-Fired Power Plants, Including 5 in PA, for $12B

NRG Energy agreed to acquire LS Power’s portfolio of natural-gas power plants in a deal valued at roughly $12 billion, including debt, that will expand NRG’s footprint in Texas and along the East Coast. NRG said the acquisition would give it 18 more natural-gas-fired facilities in nine states—including five in Pennsylvania and one in Ohio—doubling its generation capacity to about 25 gigawatts (GW). The PA acquisition includes the Springdale natural gas power station in Allegheny County, the Armstrong plant in Indiana County, the Gans plant in Fayette County, the Chambersburg plant in Franklin County, and the Ironwood plant in Lebanon County. Read More “NRG Buys 18 Gas-Fired Power Plants, Including 5 in PA, for $12B”

In March, MDN told you about a legislative proposal from newly elected West Virginia Governor Pat Morrisey, a measure called the Power Generation and Consumption Act (House Bill 2014) to expand data center development in the state (see
Diversified Energy, with significant assets in the Marcellus/Utica region (and other regions too), owns approximately 8 million acres of leases with close to 70,000 (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. One of the new ways Diversified is looking to make money with old wells is by mining cryptocurrency at wells in remote locations not hooked to a pipeline network. In March 2023, MDN told you that Diversified would try crypto-mining at a well in Elk County, Pennsylvania (see
Yesterday, the seven members of the Pennsylvania Supreme Court (five Democrats and two Republicans) heard oral arguments in a lawsuit that attempts to force PA to accept the Regional Greenhouse Gas Initiative (RGGI), an obscene carbon tax on coal- and gas-fired power plants. Former Democrat Governor Tom Wolf tried to force the state to join RGGI in 2019 (see
In January, MDN reported that the PJM Interconnection electrical grid operator, covering Pennsylvania (along with all or parts of 12 other states and the District of Columbia), had caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025 (see
Houston, we have a problem. Artificial Intelligence (AI) and the data centers (banks of hundreds or thousands of computers) that support AI are being planned right now. All those data centers need reliable power supplies. Unreliable solar and wind are not up to the task, so the companies building those data centers (like Google, Microsoft, Amazon, Facebook, Apple, and others) are turning to natural gas. Which we love! But here’s the problem: the turbines needed to generate the electricity (turbines that burn natural gas) are now on backorder… until 2028 or later.
Speaking of gas turbines and our current inability to produce them quickly enough, we came across a somewhat related story from Reuters. The reporters from Reuters are sounding the alarm that U.S. LNG export facilities may soon have to compete for natural gas supplies with power plants needed to power AI data centers. The result is that the price of natural gas will increase, and in some cases, it may not be available for exports. Of course, the free market (capitalism) will sort this out on its own, but in the meantime, there may be some tension.
In January, MDN brought you the news that TECfusions, based in Tampa, Florida, had purchased 1,395 acres in Upper Burrell (Westmoreland County), PA, for a groundbreaking data center project called TECfusions Keystone Connect (see
A power project we’ve been tracking since 2017 is a 620-megawatt (MW) Marcellus-fired electric plant in Greene County, PA, called the Hill Top Energy Center (
Dominion Energy and its operations in Chesterfield County, Virginia (near Richmond) are in the news again, but not for the same reason you may think. We previously told you about Dominion’s project to build a “peaker” electric generating plant in Chesterfield (see
In January, MDN reported that the PJM Interconnection electrical grid operator, covering Pennsylvania (along with all or parts of 12 other states and the District of Columbia), had caved to the political demands of PA Gov. Josh Shapiro to artificially cap the prices of the next capacity auction scheduled for July 2025 (see
One week ago, MDN told you that an on-again, off-again plan to build a massive natural gas-fired power plant (that would use Marcellus gas) in Pittsylvania County, Va., had been pulled by the builder (see 
The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities recently issued a report stating that the country’s bulk-power system performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems. The system’s performance, according to the joint report, demonstrates the benefits of actions taken in response to recommendations from prior winter storm reports and the need for continued coordination between natural gas and electric systems in preparing for and responding to extreme cold weather. No word in the report on unreliable renewables because, well, they don’t matter. Natural gas power is what really matters.