Investment in Ohio natural gas power plants tops $15 billion

In recent years, Ohio “has seen proposals for nearly a dozen new natural gas-fired power plants representing more than 9,200 megawatts [MW] and more than $15 billion in investments,” energyindepth.org reports. Plants that are currently operational include the 955-MW Oregon Energy Center, representing $880 million in investment; the 908-MW Oregon Clean Energy Center, representing $800 million in investment; and Carroll County Energy, with another $800 million in investment. The largest plant, the planned 1,875-MW Guernsey Power Station, totals $1.4 billion in investment and is expected to be operational in 2022, according to the article. Ohio’s “abundant supply of clean-burning, affordable natural gas has contributed significantly to U.S. energy security, consumer savings, and economic growth — all while helping to drive America’s emissions down to a level not seen in over 15 years.” For more, read the full article.

Economic Development, Environmental, State Updates