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PJM forecasts ‘significant growth’ in power demand over next 20 years

MORGANTOWN – PJM Interconnection – the regional power grid operator – is predicting a “significant growth in electricity demand” over the next 20 years. PJM estimates the peak summer demand for its 13-state region (including Washington D.C.) will grow by about 70,000 megawatts: ...

Diversified Energy buys Maverick Natural Gas

MORGANTOWN – Diversified Energy announced Monday that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG Partners, for total consideration of approximately $1.275 billion. Alabama-based Diversified operates about 67,000 wells ...

Extreme cold driver record winter power demand for PJM Interconnection

MORGANTOWN – PJM Interconnection said Wednesday afternoon that its generation fleet and transmission system performed reliably through record electricity demand Wednesday morning while supporting neighboring systems on all fronts. PJM said it reached a preliminary record for winter ...

Natural gas drilling permits plummet in 2024; GO-WV offers some insights

dbeard@dominionpost.com MORGANTOWN – Horizontal gas well permits dipped to an all-time low in 2023 and 2024. The Dominion Post talked with the Gas & Oil Association of West Virginia about the numbers, the trends and what might be ahead for the industry. First a look at the numbers ...