Commodities

FirstEnergy’s $2.5B WV investment plan applauded by gas and oil association


SHINNSTON, W.Va . (WVVA) – FirstEnergy is planning major new investments in West Virginia’s energy future, including a 1,200-megawatt natural gas plant and 70 megawatts of utility-scale solar. The projects are expected to create over 3,260 construction jobs and generate $68 million in state and local tax revenue.

The plan aligns with Governor Patrick Morrisey’s “50 by 50” initiative, which aims to grow the state’s energy capacity to 50 gigawatts by 2050.

The Gas and Oil Association of West Virginia (GO-WV) praised the move, calling it a vital step toward strengthening the state’s energy security.

Between 2025 and 2029, FirstEnergy plans to invest $5.2 billion in West Virginia infrastructure, with an additional $2.5 billion expected if the new projects are approved.



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