Natural gas-fired power plants booming in PJM region

Natural gas-fired power plant development is certainly not over in the footprint of PJM Interconnection, which coordinates the movement of wholesale electricity in 13 states, including Ohio, Pennsylvania and West Virginia, reports the Platts energy news site. Citing a note from investment bank UBS, Platts says there is roughly 15,000 megawatts of combined-cycle electricity generation under construction across the PJM region and up to 4,000 megawatts of new natural gas capacity proposed. Ohio and Pennsylvania are leading the buildout thanks to "the attractive economics provided by easy access to cheap Utica and Marcellus [shale] gas," said UBA analyst Julien Dumoulin-Smith.

Ohio, Pennsylvania, West Virginia