The “best of the rest” – stories that caught MDN’s eye that you may be interested in reading. In today’s lineup: Antis oppose 3 Tetco pipelines; PA’s Engelder goes to OH; antis oppose fracking near Pittsburgh; Shell’s emissions quota for cracker plant; Sunoco LP shops for pipeline land; hearing set for Hilcorp wellpad; Moxie electric plant clears another hurdle, and more! Continue reading
MDN previously told you about a project under way by Moxie Energy to build an electric generation plant fired by Marcellus Shale gas in Salem Township (Luzerne County), PA. If the project goes forward, it would be Moxie’s third such power plant project in northeast Pennsylvania (see Moxie Energy in Hunt for Third Marcellus-Powered Electric Plant?). The first two such projects begun by Moxie were both later sold to Panda Power–before being built. Moxie gets all of the permits and gets ready to begin construction, then turns around and sells the project to others–at least that’s what they’ve now done twice. Some of the neighbors living close to where the plant will be built, near Wilkes-Barre, have complained and pushed back (see Balancing Act for New Natgas-Fired Electric Plant in NEPA). However, Salem Township supervisors voted yesterday to approve the project, the first and perhaps most important step on the way to putting shovel to ground… Continue reading
Something’s gotta give. The Obama EPA has declared war on coal energy. In case you didn’t know, something like half (or more) of the electricity you use in your house comes from electric generation plants powered by coal. Because of much stricter new regulations, many coal generating power plants will close in the coming few years. We either face rolling blackouts from lack of electricity–or something else steps up to the plate to produce that electricity. That something else is most likely natural gas. Either existing coal plants have to change out their technology to be fired by natgas, or new plants built. That’s going to inconvenience some folks. There aren’t enough “isolated” spots to build electric plants that are close to the population centers they serve. We (collectively, as a society) face a balancing act, as Moxie Energy is facing with a planned natgas-fired electric plant near Wilkes-Barre, PA… Continue reading
Last December MDN told you that Panda Power Funds, a private equity firm located in Dallas, TX, had purchased the rights from Moxie Energy to build a second electric generating plant that will run on Marcellus Shale gas (see Panda Power Buys Rights for 2nd Marcellus-Fueled Electric Plant). The first plant (Panda “Liberty”), in Bradford County, PA, is currently under construction. The second plant (Panda “Patriot”), in Lycoming County, PA (Williamsport area) officially broke ground earlier this week. PA’s Gov. Tom Corbett was on hand on Tuesday to help them celebrate… Continue reading
Once upon a time there was a Kung Fu Panda…er, no, wrong story. Once upon a time there was a Moxie, as in Moxie Energy, that got the bright idea to build an electric generating plant in the middle of the most abundant and cheap natural gas supply in the world–in the Marcellus of Bradford County, PA. They named it Liberty, as in Moxie Liberty. However, Moxie decided to sell their idea (and the authorizations/permits to proceed) to someone else. That’s where the Panda comes in–as in Panda Power Funds (see Moxie Liberty Sells PA Electric Plant Project to Panda Power). The renamed Panda Liberty officially broke ground yesterday on a project that will create 600 jobs and pump an estimated $6 billion into the local economy… Continue reading
As we reported in December, Panda Power Funds, a private equity firm located in Dallas, TX, purchased the rights to build two electric generating plants–one in Bradford County, PA and the other in Lycoming County, PA (see Panda Power Buys Rights for 2nd Marcellus-Fueled Electric Plant). Construction on the Bradford County plant, dubbed Panda Liberty, is under way now. Panda is spending northward of $1.3 billion to build the two plants–an incredible amount of money that’s being pumped into the northeastern Pennsylvania economy.
MDN spotted an article that mentions Panda and their projects, including the two PA electric plants. The reason that we bring it to you is that it provides background on the vendors Panda is using to build the plants. Which may be of interest to companies that would like to plug into the supply chain and see if they can drum up some business from these two projects… Continue reading
In August, MDN told you that Panda Power Funds, a private equity firm located in Dallas, TX had purchased the right from Moxie Energy to build the first new electric generating plant that will run exclusively on Marcellus Shale gas, to be built in Bradford County, PA (see Moxie Liberty Sells PA Electric Plant Project to Panda Power). Construction started on the “Panda Liberty” project in August of this year and it expected to take about 30 months to complete.
Panda announced last Friday they have purchased a second set of permits from Moxie Energy for a second electric generating plant that will run on Marcellus Shale gas–this one in Lycoming County, PA (southwest of Bradford County, but close by to the first project). This new, second project will be called Panda Patriot, adopting the Patriot name Moxie was using for the project. Here are the particulars from Panda: Continue reading
In October 2012, Moxie Liberty LLC of Vienna, VA applied for and received permission from the Pennsylvania Dept. of Environmental Protection (DEP) to build Pennsylvania’s first new electric generation plant to use Marcellus Shale gas to power it (see PA DEP Approves 1st New Electric Plant to Use Marcellus Gas). The new plant will be built in Bradford County, PA, the state’s most heavily drilled Marcellus Shale county. A month ago we learned that the project had been sold to Panda Power Funds of Dallas, TX and will now be called Panda Liberty (see Moxie Liberty Sells PA Electric Plant Project to Panda Power). Yes, we childishly made fun of the name!
More “new” news about Panda Liberty. One might think (as we did) that the new power plant will just hook up to whatever local driller or midstream company wants to sell them cheap, locally produced Marcellus Shale gas. However, that would be the wrong conclusion… Continue reading
Last October, Moxie Liberty LLC (i.e., Moxie Energy) of Vienna, VA applied for and received permission from the Pennsylvania Dept. of Environmental Protection (DEP) to build Pennsylvania’s first new electric generation plant to use Marcellus Shale gas to power it (see PA DEP Approves 1st New Electric Plant to Use Marcellus Gas). The plant will be built in Bradford County, PA–the state’s most heavily drilled Marcellus county. However, Moxie will no longer build it. Word came yesterday that Moxie sold the project to Panda Power Funds of Dallas, TX. Henceforth the project will be called Panda Liberty.
Marcellus Shale gas in Pennsylvania is having an effect on electricity generation. Instead of building coal-fired plants to generate electricity, natural gas powered plants are now in the works. Specifically, two new plants will be built in the next few years—one in Lycoming County and another in Bradford County. Not only does it mean a $1.6 billion investment, it also means hundreds of construction jobs, a cleaner way of producing electricity, and ultimately lower electricity costs for 1.4 million PA residents.