Electrical Generation | Guernsey County | Industrywide Issues | Luzerne County | M&A | Ohio | Pennsylvania
Talen Energy Buys 2 M-U Gas-Powered Plants in PA, OH for $3.8B
Talen Energy, a leading energy producer in the U.S., which owns and operates approximately 10.7 gigawatts (GW) of power infrastructure, has announced the acquisition of two gas-fired power plants: one located near Wilkes-Barre in northeastern Pennsylvania, and the other in Guernsey County, in eastern Ohio, for $3.8 billion. The PA plant is fed by Marcellus molecules, and the OH plant is fed by Utica molecules. We have followed both projects from inception through commissioning and operation. Read More “Talen Energy Buys 2 M-U Gas-Powered Plants in PA, OH for $3.8B”
GE Vernova is supplying seven natural gas turbines to the Homer City energy/data center campus at the site of the former Indiana County coal-fired power plant (see 
After returning from the Pennsylvania Energy and Innovation summit held on Tuesday of this week in Pittsburgh, U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin published an op-ed highlighting steps his agency is taking to reduce burdensome regulations, unleash American energy dominance, and make America the AI capital of the world. The EPA is working on clearing away red tape on the federal level, while GOP legislators in Pennsylvania are working on clearing away red tape on the state level. It will take both efforts to ensure the $92 billion pledged for energy projects in PA actually happens. 
OTHER U.S. REGIONS: Cameron LNG marks 1,000th cargo milestone; NATIONAL: USA crude oil stocks drop week on week; EPA announces next phase of organizational improvements; The Big Beautiful Bill is a big win for American energy; Chevron moves forward with megadeal for Hess after winning Exxon arbitration; BP sells US onshore wind assets to LS Power; New budget law boosts carbon sequestration, enhanced oil recovery; Meta (Facebook) going all in on data centers; The solution to America’s energy security lives in Canada; INTERNATIONAL: Oil rises on tight supply signals; Will all oil and gas companies have to adopt GenAI?; Carbon dioxide emissions worldwide rose in 2024; Canadian OFS group says relief from counter-tariffs on U.S. sand ‘fantastic news’; Trump’s tariff pressure pushes Asia toward American liquefied natural gas. 
Despite a “public outcry” (of 13 people), the Chesapeake City (Virginia) Council voted 6-3 on Tuesday night to approve a compressor station for Virginia Natural Gas (VNG). The City Council previously voted, on June 17, to deny permission. This was a reconsideration vote. The proposed site is already zoned industrial and has other VNG operations already in place. It’s not like it’s being constructed in the middle of a neighborhood. 
The Northeast Supply Enhancement (NESE) project is designed to increase Transco pipeline capacity and flows of Marcellus gas heading into New York City and other northeastern markets. Following some intense conversations between President Trump and New York Governor Kathy Hochul, she caved (according to the White House). She agreed to allow two long-stalled pipeline projects—the Constitution and NESE—to get built in NY in return for Trump allowing her to continue to sink $5 billion into an offshore wind project (see 
Here’s an important update for a project we haven’t discussed since last October. The Tennessee Valley Authority (TVA) is building a $2.1 billion state-of-the-art natural gas plant in Cumberland City, Tennessee (see 
Infinity Natural Resources (INR), headquartered in Morgantown, WV, focuses 100% on the Marcellus/Utica. The company went public earlier this year with a $265 million ($20/share) initial public offering, giving INR a market capitalization of $1.18 billion (see 
It’s one thing to openly criticize and attack fossil energy and the U.S.’s embrace of fossil energy. It’s an entirely different thing when U.S. taxpayers pay for those attacks. We’re speaking of the far-left-leaning International Energy Agency (IEA) and its corrupt leader, Dr. Fatih Birol. We’ve written plenty about the IEA over the years, noting its dramatic shift away from real science into leftist political science. The Trump administration has had enough of the IEA’s antics and has put the agency on notice that unless it changes the way it forecasts about energy, we’re out. The U.S. will withdraw its membership, and along with it, a substantial amount of the agency’s funding (millions of dollars). Birol can find someone else to fund his lavish lifestyle and jet-setting around the globe to bash fossil fuels. 
The largest amount of money to be invested in Pennsylvania in the coming decade by a single company, announced yesterday at Senator Dave McCormick’s Pennsylvania Energy and Innovation Summit held in Pittsburgh, came from Blackstone, the world’s largest alternative asset manager. Blackstone pledged to invest *at least* $25 billion in the next 10 years in the Keystone State to (a) build data centers in the northeastern part of the state, and (b) build new Marcellus-fired power plants to provide electricity for those data centers. It’s a staggering amount of money. Blackstone President & COO, Jon Gray, was at yesterday’s event and said PA’s access to natural gas gives it a considerable advantage. “You can co-locate the data centers directly next to the source of power. That’s really the secret sauce here.” The Marcellus is responsible for Blackstone’s $25 billion investment! STAGGERING. 
In a day of big news, there was big news related to the largest gas-fired power plant project in the country, along with a massive data center complex, to be built at a former coal-fired power plant site in Indiana County, PA (see 
