Duke Energy | Electrical Generation | Energy Services | Industrywide Issues | North Carolina | Regulation
NC Approves Duke Energy Replacing Coal Plants with Natural Gas
We’re just now learning the good news about decisions by two different North Carolina agencies to approve four new gas-fired power plants that utility giant Duke Energy wants to build at two different N.C. sites. In early December, the N.C. Utilities Commission issued orders deeming the gas plants necessary at both sites. Then, on Dec. 20, the N.C. Department of Environmental Quality granted air quality permits for the four plants. All four will be fed by Marcellus/Utica molecules and are important new customers for our gas. Read More “NC Approves Duke Energy Replacing Coal Plants with Natural Gas”
Dominion Energy plans to build small “peaker” electric generating plants in Chesterfield County, VA, near Richmond (see 
Yesterday, the Northeast Power Coordinating Council (NPCC) announced the completion of the NPCC Northeast Gas/Electric System Study. Initiated in 2023, the study evaluated New York and New England gas supply and gas pipeline constraints for extreme and protracted winter events during the peak heating season, from December through February, for three time periods: 2024/25 (short-term), 2027/28 (mid-term) and 2032/33 (long-term). It shows that if we get an extended (more than three-day) cold snap, those of us living in NY or New England will be in trouble. 
NATIONAL: Choice Hotels brags it is “responsible” for cutting natgas use by 20%; EnerGeo Alliance opposes Biden’s decision to block oil & gas exploration and development; Oil, gas execs reveal where they expect WTI oil price to land in the future; Trump weighing executive order protecting gas stoves; INTERNATIONAL: European gas storage sites dwindle at fastest pace since 2018; Oil prices slip on glut fears. 
For the week of Dec 23 – 29, permits issued in the Marcellus/Utica took a dive, which isn’t surprising given it was the end of the year. There were only 12 new permits issued for Dec. 23 – 29, less than half the 27 issued the week before. The Keystone State (PA) issued seven new permits, with five going to Repsol in Bradford and Tioga counties and two going to EQT (and Rice, owned by EQT) in Greene County. Buckeye State (OH) issued five new permits, all of which went to Encino Energy (EAP) in Carroll and Harrison counties. The Mountain State (WV), issuing precisely zero new permits. Must be the WV DEP folks were out of the office for the holiday. 
Diversified Energy, with major assets in the Marcellus/Utica region (also assets in other regions, too), owns approximately 8 million acres of leases with 67,000 (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. Earlier today, the company announced another deal to buy more assets in the Appalachian region. 
AccuWeather meteorologists who specialize in predicting the weather for the natural gas industry issued a statement to Rigzone saying several Arctic blasts will send waves of bitterly cold air across much of the eastern United States starting last weekend. The meteorologists said the “deep freeze could impact natural gas production and operations in the Northeast.” They specifically mentioned the Marcellus Shale by name, stating new shale drilling and flows from wells to pipelines “could be impacted by bitterly cold air.”
New York Gov. Kathy Hochul, an extremist liberal, recently signed a bill into law that bans using carbon dioxide to frack wells in the state (see 
One of the significant stories of 2024 in the Ohio Utica was about Austin Master Services (AMS), a radiological waste management solutions company in Martins Ferry (Belmont County), Ohio, that handles fracking waste (trucks it for disposal). AMS ran into trouble when it ran out of money. The Martins Ferry facility where waste is temporarily stored went from a permitted maximum of 600 tons of stored waste to over 10,000 tons, in violation of its permit. The Ohio Attorney General’s office filed a lawsuit against the company in March to force compliance. Local newspaper The Times Leader, in doing a Top 10 stories of the year, provides an update on AMS and where things stand with the cleanup. 
A leftist anti-fossil group calling itself Protect PT (Penn-Trafford), located in Westmoreland County, PA, backed with big money from Big Green groups, has for years challenged Penn Township ordinances that allow Apex Energy and Huntley & Huntley (now Olympus Energy) to drill and operate shale wells. Protect PT finally struck out (legally) at the Pennsylvania Supreme Court in May 2020 (see 
DT Midstream (DTM), headquartered in Detroit, owns major assets in the Marcellus/Utica region and in other regions, such as Haynesville. In November, DTM announced it had cut a deal to buy three FERC-regulated interstate pipelines from Oklahoma-based ONEOK, Inc. for $1.2 billion (see 
In typical sleazy politician fashion, PA’s Democrat Governor, Josh Shapiro, is blaming someone else (the PJM grid operator, in this case) for problems that he and his predecessor have created. Shapiro recently filed a complaint with the Federal Energy Regulatory Commission (FERC) alleging PJM is mismanaging the grid and using inflated numbers that will cause economic pain for the 65 million customers who buy electricity in the PJM region. What’s causing the high prices in PJM, a region rich in natural gas? That would be former Gov. Tom Wolf and current Gov. Josh Shapiro insisting the state tax gas-fired power plants via the so-called Regional Greenhouse Gas Initiative (RGGI). 
This is your friendly (somewhat snarky) semi-regular reminder from MDN that the PTT ethane cracker project in Ohio is dead (see