DNV’s Latest Energy Transition Outlook: Hydrogen to 2060
The left and many on the right are banking on hydrogen as the next BIG THING in energy. Hydrogen fuel cell cars and burning hydrogen to heat your home are just two applications people dream will come true in the next 25 years. Of course, they’ve been dreaming about hydrogen for more than 50 years, but the history of hydrogen is for another post. We pay attention to hydrogen because 95% of all hydrogen today is produced by steam cracking natural gas. Ergo, hydrogen has the potential to be a big, important, new customer for our molecules. Everyone and his brother continues to make predictions about the hydrogen market over the next 35 years. Norwegian company DNV has its own crystal ball prediction, the “Hydrogen Forecast to 2060.” Read More “DNV’s Latest Energy Transition Outlook: Hydrogen to 2060”
OTHER U.S. REGIONS: Maryland regulators put controversial gas line policy on hold; NATIONAL: U.S. natural gas futures rise as weather heats up; U.S. upstream mergers hit $38B as M&A rebounds; The data center doomers must be defeated; INTERNATIONAL: Oil surges as supply risks deepen; No deal in sight to end Iran war; Miliband vows permanent shutdown of the North Sea; Strait of Hormuz will reopen ‘sometime this summer at latest’. 
The Marcellus/Utica region received 22 new drilling permits last week, May 4 – 10, up from the 19 permits issued two weeks ago. Pennsylvania issued 10 of last week’s permits. Ohio issued 8 new permits. West Virginia issued 4 new permits last week. The drillers who received new permits included: Ascent Resources, EOG Resources, EQT (including subsidiary Rice Drilling), Expand Energy, and Northeast Natural Energy. 
Yesterday was the day. The third AI Energy Conference (which sold out) was held at the Hilton Garden Inn Pittsburgh/Southpointe in Canonsburg, PA. One of the speakers, Travis Wright, Vice President of Energy and Sustainability for QTS, said that everyday smartphone use depends on data centers. They are essential infrastructure for modern life. Blackstone-owned QTS, which operates major facilities nationwide and is planning a 1,700-acre data center campus in Luzerne County (Wilkes-Barre area), sees Appalachia as a promising market due to its workforce, energy resources, and suitability for AI-focused facilities. 
In March, the Pennsylvania Department of Environmental Protection (DEP) released the results of a two-year study that found radium levels in landfill wastewater (leachate) from landfills with drill cuttings do NOT pose a risk to human health (see 
Good news! The Public Service Commission (PSC) of South Carolina approved a joint application by Dominion Energy and Santee Cooper to build Canadys Station, a natural gas combined-cycle facility in Colleton County. The plant will generate approximately 2,200 megawatts (2.2 GW) — enough to power over one million homes — addressing the state’s growing energy demand. It will be built on the site of a former Dominion Energy coal plant, roughly 40 miles northwest of Charleston (the “Lowcountry” region), eliminating the need for new land clearing. 
Virginia is officially rejoining the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme this July after a liberal court deemed its previous withdrawal under former Governor Glenn Youngkin unlawful. This reentry forces utilities like Dominion Energy to resume purchasing carbon credits—modern-day indulgences for the “sin” of emitting carbon dioxide. The cost will be passed on to ratepayers through monthly bill increases (see 
Infinity Natural Resources (INR) shared its first quarter 2026 update yesterday. CEO Zack Arnold said during an earnings call with analysts, “The first quarter was pivotal for Infinity.” How so? INR successfully closed the Antero, Ohio Utica acquisition in late February and added working interest in the company’s Pennsylvania assets through the Chase acquisition. These acquisitions immediately increased INR’s scale (dramatically) by boosting the company’s operated well count from 154 to 395 (more than 1.5 times) and by boosting its midstream system to over 250 miles of gathering and water pipelines. 
It seems that not all of the judges who sit on the U.S. Court of Appeals for the Fourth Circuit (4th Circuit) are clowns, the way the three judges who oversee cases dealing with the Mountain Valley Pipeline (MVP) Southgate project are (see 
Last November, the Pennsylvania Public Utility Commission (PUC) approved a Tentative Order by a 3-2 vote, proposing a statewide model tariff (tax) to manage the growing impact of large-load customers, such as AI data centers, on the electric grid (see 
Pennsylvania Governor Josh Shapiro has been blaming the PJM Interconnection grid for the soaring costs of electricity when his own policies are to blame, even threatening to pull out of the cooperative (see 
About a month ago, MDN brought you the exciting news that a father and son who own land in Upstate New York (not far from MDN HQ) have sued New York State for “taking” their right to allow shale drilling and fracking under their land (see 
In February 2024, members of the South Carolina Public Service Commission approved a proposed project to build a 2,200-megawatt (MW) gas-fired power plant in the state’s Lowcountry, in Colleton County (see