This new plant will sell its electricity into the PJM Interconnection grid, which services 13 different states and it will continue to do so at low prices that are driving coal plants out of the market. In fact, analysts expect over $156 billion in economic development to be stimulated by 11,386 megawatts of natural gas capacity from a dozen new plants that will more than offset 10,003 megawatts of expected coal plant retirements in Ohio. In fact, the Associated Press reported in early September that Ohio has close to a dozen natural gas powerplants in various stages of development. Most are targeted for shale-rich eastern Ohio, but plants are also being developed in the western side of the state. That is being made possible by massive investments being made in natural gas pipeline infrastructure.
Natural gas from Ohio, Pennsylvania, and West Virginia is continuing to grow its influence in the electricity markets of the heartland of America and across the world. If your company wants to help supply this gas, Cimmaron Land and our Appalachia-based experts can help you acquire the leases you need.