Utility Dive•3 months ago
DOE taps SoftBank arm to develop 9.2 GW of gas generation in Ohio
- •SoftBank's SB Energy, with DOE backing, plans to develop 9.2 GW of new gas-fired generation in Ohio.
- •A significant $4.2 billion investment by SB Energy and AEP Ohio will fund transmission upgrades and new lines in Southern Ohio.
- •This substantial new generation and transmission infrastructure will impact regional power markets, potentially affecting capacity availability and energy prices for large consumers and future development in the PJM territory.
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