ESG Clean Energy System Removes 100% of CO2 from Gas-Fired Plant
In December 2022, Rice Acquisition Corp II, a special purpose acquisition company (SPAC) started by the Rice brothers (Danny, Toby, and Derek), announced a deal to acquire NET Power — an electric power developer with revolutionary new technology to capture every last molecule of carbon dioxide from natural gas-fired power plants (see Dan Rice Buys Co. that Builds Zero-Carbon Gas-Fired Electric Plants). It looks like Danny and the boys have some competition. ESG Clean Energy, LLC, developers of power generation/carbon capture systems with zero carbon output, announced that its carbon capture system has already achieved capturing 100% of the CO2 from a combustion exhaust stream at a 4.4-megawatt gas-powered generating plant in Massachusetts.
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Dominion Energy plans to build four small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see 
In March, Pennsylvania Gov. Josh Shapiro traveled to Scranton, PA, to announce a proposal to “immediately pull Pennsylvania out of a multi-state carbon cap-and-trade program” (the so-called Regional Greenhouse Gas Initiative, or RGGI) and instead enroll PA in its very own RGGI-like carbon tax program (see 
Danskammer Energy, which operates a gas-fired peaker power plant along the Hudson River in Newburgh, NY, has been working on a project to upgrade the plant since 2018 — seven years. On Monday, Danskammer Energy withdrew its permit application with the fossil fuel-hostile state, formally ending attempts to expand after years of trying. It’s time to throw in the towel in NY State and let the idiots who keep the Dems in power sit in the dark.
Coterra Energy CEO Tom Jorden sat for an interview with Jim Cramer on CNBC’s Mad Money program Tuesday evening. During the interview, Jorden had an interesting comment and insight that has the power to change the natural gas market. Jorden said that data center operators (big computer server facilities) may cut supply agreements directly with natural gas companies to meet the growing power demands of the artificial intelligence boom. And it may happen a lot sooner than you think.
The grid operator overseeing New York State is warning that the Democrats’ green energy agenda is pushing the grid toward blackouts. The New York Independent System Operator (NYISO), which oversees and manages the state’s power grid, published its 2024 Power Trends report last week, assessing the outlook for energy supply and demand in the region over the next several years. The report warns that the electrification agenda pursued by New York Gov. Kathy Hochul and her fellow Democrats is pushing the state’s grid toward conditions for blackouts as soon as this summer.
Last Thursday, MDN brought you the news that U.S. Senator Shelley Moore Capito (from West Virginia) and Congressman Troy Balderson (from Ohio) introduced a resolution to block the EPA’s latest attack against the natural gas industry (see 
In 2021, as he was running for Governor in Virginia, Glenn Youngkin pledged that if he won, he would remove the state from the onerous carbon tax on coal- and gas-fired power plants called the Regional Greenhouse Gas Initiative (RGGI). Youngkin kept his promise, although it took longer than he had hoped (and is still being challenged in court). In addition to not paying as much for electricity post-RGGI, ratepayers just got another gift: Dominion Energy, the primary utility company servicing Virginia, is dropping an average fee of $4.50 per month from the utility bills of Virginia residents.
The Bidenistas at the EPA attacked coal and gas-fired power plants in April, threatening to destabilize the existing electric power grid with new regulations (see 
The U.S. Energy Information Administration (EIA) forecasts that the natural gas consumed for electricity generation this summer in the United States will reach near (or match) the record high set last year. In the agency’s May 2024 Short-Term Energy Outlook (STEO), EIA forecasts natural gas consumed to generate electricity will average 44.7 billion cubic feet per day (Bcf/d) in the U.S. during the peak summer months of June through August, matching the record high set in the summer of 2023. Over the past few years, the balance of sources of electricity generation in the United States — especially in the summer — has shifted to more renewables and natural gas and less coal.