POWER Magazine•5 days ago
SB Energy Tapped for Proposed 9.2‑GW Ohio Gas Power Plant in First Tranche of $550B U.S.–Japan Deal: What We Know
Key Takeaway
This article signals a massive influx of foreign capital and political will behind a 9.2 GW natural gas plant in Ohio, poised to significantly alter the PJM generation landscape for developers and large power consumers.
AI Summary
- •A colossal 9.2 GW natural gas power complex is proposed near Portsmouth, Ohio, with SB Energy involved, as the centerpiece of a new $550 billion U.S.–Japan energy investment deal.
- •This initiative signals a massive influx of Japanese capital into U.S. energy and industrial projects, backed by strong political support from the Trump administration.
- •For developers and large power consumers in the PJM market, this project represents a substantial new generation source that will significantly impact grid stability, capacity markets, and potential PPA opportunities.
- •The immense scale of this project will necessitate extensive interconnection and transmission upgrades, and will have considerable implications for regional emissions targets and future energy supply.
Topics
capacity-marketccgtemissionsfinancinginterconnectpjmpolicyppaqueuetransmission
Article Content
The Trump administration is touting a proposed 9.2‑GW natural gas power complex near Portsmouth, Ohio, as the centerpiece of a new U.S.–Japan trade deal that officials say could steer up to $550 billion of Japanese capital into American energy and industrial projects. According to a Feb. 17 Commerce Department fact sheet and a statement by […] The post SB Energy Tapped for Proposed 9.2‑GW Ohio Gas Power Plant in First Tranche of $550B U.S.–Japan Deal: What We Know appeared first on POWER Magazine .