Scioto County

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”

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 Trump Announces Largest-Ever U.S. Gas-Fired Plant Coming to Ohio). As the largest gas-fired power plant in the U.S., it promises a massive surge in electricity to the PJM grid. However, so-called competitors fear this “muscular industrial policy” will crowd out private capital and imperil smaller projects. Leave it to the left (Bloomberg) to find the dark cloud for every Trump silver lining. If Trump announces a $33 billion investment in Ohio for power generation, it’s bad because it will offend smaller competitors. If Trump announces the sun is shining, it’s bad because we need more rain. If Trump announces a cure for cancer, it will be bad because it will put hospitals and doctors out of business. Such is the twisted view of the left. Read More “Critics Warn Trump’s Ohio Gas Power Plant Project is Too Big”

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 Portsmouth (Scioto 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. Read More “Trump Announces Largest-Ever U.S. Gas-Fired Plant Coming to Ohio”