North Carolina

NET Power Debuts on NYSE, Aims to Rapidly Deploy Low-Emission Natural Gas Plants

NET Power Debuts on NYSE, Aims to Rapidly Deploy Low-Emission Natural Gas Plants

North Carolina-based NET Power Inc., fueled by a powerhouse group of natural gas and oil investors, began trading publicly on Friday, with “ample capital” to build a backlog of utility-scale power plant projects as soon as 2026. Rice Acquisition Corp. II and NET Power LLC completed their merger last Thursday (June 8), which launched the…

June 12, 2023
Equitrans Now Delaying MVP Startup to 2022; NC Regulators Reiterate Southgate Denial

Equitrans Now Delaying MVP Startup to 2022; NC Regulators Reiterate Southgate Denial

The Mountain Valley Pipeline’s (MVP) planned in-service date has slipped to 2022, and the total cost for the prolonged construction of the project has swelled to around $6.2 billion, management for sponsor Equitrans Midstream Corp. (ETRN) said Tuesday. Discussing the midstreamer’s 1Q2021 financial results in a conference call with analysts, COO Diana Charletta said the…

May 5, 2021
MVP Southgate Developers Still Targeting 2021 Service After North Carolina Denies Key Permit

MVP Southgate Developers Still Targeting 2021 Service After North Carolina Denies Key Permit

Striking another blow against Mountain Valley Pipeline LLC (MVP), a project beset by legal and regulatory challenges the last few years, the North Carolina Department of Environmental Quality (DEQ) has denied a water quality permit for MVP’s Southgate extension. The DEQ on Tuesday denied MVP’s request for state certification under Clean Water Act Section 401,…

August 12, 2020

North Carolina Cooks Up RNG Recipe from Food, Energy Sectors, While California Expands Options

Using the byproducts of Smithfield Foods Inc., the world’s largest pork processing plant, Duke Energy and biofuel specialist OptimaBio LLC have cooked up a recipe for renewable natural gas (RNG) that recently began production.

January 15, 2020

ACP Cleared to Start Work in North Carolina

FERC has authorized construction to begin on the Atlantic Coast Pipeline (ACP) in North Carolina.

July 26, 2018

ACP Clears Regulatory Hurdle in West Virginia, But Others Remain

The Atlantic Coast Pipeline (ACP) cleared a key regulatory hurdle this week, when the West Virginia Department of Environmental Protection (WVDEP) waived the state’s water quality certification (WQC) requirement for the project.

December 7, 2017

North Carolina to Site 475 MW Gas-Fired Kings Mountain Energy Center

NTE Energy LLC affiliate NTE Carolinas has secured roughly $600 million in financing to build its proposed Kings Mountain Energy Center, a 475 MW natural gas-fired combined cycle power plant in Cleveland County, NC.

March 16, 2016