News | Reliable Energy PA

2.17.10 Japanese firm invests $1.4 billion in PA’s Marcellus Shale natural gas drilling

and may sink in billions more over next decade. Keywords: business, environment.

2.16.10 Feds revive Lehigh Valley high-power line option

National Park Service to review 3 routes, even though PPL already made its choice.

2.15.10 State program saves money paying for geothermal heating, cooling

Low-interest loans lower monthly payments to buy systems that also reduce electric bills

2.16.10 Developer wants to double size of Carbon solar park

Site in Nesquehoning would produce enough electricity for almost 3,000 homes

EVENT: Feb. 24 – PennFuture’s Clean Energy Breakfast: Williamsport

PennFuture is hosting a series of breakfast meetings in cities throughout Pennsylvania to discuss proposed state legislation aimed at promoting economic growth in the clean energy sector.

2.11.10 FirstEnergy and Allegheny Energy to Combine in $8.5 Billion Stock-For-Stock Transaction

FirstEnergy (NYSE:FE) and Allegheny Energy, Inc. (NYSE:AYE) today announced that both companies’ boards of directors have unanimously approved a definitive agreement in which the companies would combine in a stock-for-stock transaction.

2.12.10 Power line still has one step left

The second of three major approvals was granted Thursday for the contested Susquehanna-Roseland power line, and now only the National Park Service stands in the way of the project.

2.12.10 More state forestland up for gas leases

Governor Rendell on Tuesday announced plans to enact a wellhead tax on Marcellus Shale natural gas. This tax would generate $160.7 million next year alone, with more in the coming years as well.

2.12.10 Nova signs partnership deal for Marcellus Shale pipeline

Nova Chemicals Corp. could supply one of its Canadian plants with natural gas from Marcellus Shale deposits in Western Pennsylvania through a proposed pipeline venture.

12.8.09 Recession Makes ‘03 Blackout Unlikely as Grid Investment Grows

As reorted by Bloomberg-
Six years after the biggest blackout in U.S. history, the reliability of the electricity supply is being shored up by investors betting that transmission projects are a smart wager in a weak economy.
“The current recession definitely bought some time for utilities,” said Angie Storozynski, an analyst at Macquarie [...]