CNX cited an inability to reach final commercial terms with project developers and delays and increasing uncertainty over implementation rules guiding the use of the 45V hydrogen production tax credit provisions of the federal Inflation Reduction Act (IRA).
The Adams Fork Energy Plant is an anchor project in the ARCH2 Hydrogen Hub recently approved by the federal government. Read more here.
The Company said it remains committed to supporting the Appalachian Regional Clean Hydrogen Hub (ARCH2) via use of its local, low cost, low carbon intensity feedstock, which is ideal for affordable, clean hydrogen production in historically disadvantaged energy communities across Appalachia.
CNX's said its final investment decision remains contingent upon tax credit guidance that unambiguously supports low carbon intensity feedstock projects that will facilitate development of the regional clean hydrogen hubs, including ARCH2.
CNX called on the federal government to heed the advice of elected officials, organized labor, and stakeholders across the country who have advocated for rules that would catalyze, not stifle, the burgeoning hydrogen economy.
The ARCH2 hydrogen hub brings together private industry, state and local government, academic and technology institutions, NGOs, and community organizations across the Northern Appalachian region including West Virginia, Ohio, Pennsylvania, and Kentucky.
CNX said the region is the textbook location for a clean hydrogen hub due to its unique access to ample low-cost natural gas feedstock, end-user demand, workforce and technology capability, and carbon sequestration potential.
As one of the largest, most efficient, and environmentally sustainable sources of natural gas in the world, Appalachia has the tools to become the epicenter for skilled labor job creation while lowering regional, national, and global carbon emissions.
Appalachia can be the launchpad to a more efficient and sustainable future catalyzed by lower carbon intensity natural gas.
Learn more about CNX's Appalachia First strategic vision.
Click Here for the complete announcement.
NewsClip:
-- Pittsburgh Business Times: CNX Pulls Out Of Adams Fork Hydrogen Project
PA Oil & Gas Industry Public Notice Dashboards:
-- PA Oil & Gas Weekly Compliance Dashboard - Dec. 9 to 15 - 500 Conventional Abandoned Well Violations; 25 Days Of Shale Gas Water Withdrawals Without Permission; Wastewater Pipeline Spill [PaEN]
-- PA Oil & Gas Industry Compliance So Far In 2023 - It Isn’t Pretty [PaEN]
-- PA Oil & Gas Industrial Facilities: Permit Notices/Opportunities To Comment - December 16 [PaEN]
-- DEP Posted 68 Pages Of Permit-Related Notices In December 16 PA Bulletin [PaEN]
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-- Former Employees Of Eureka Resources Oil & Gas Wastewater Treatment Company Ask For Criminal Investigation Of Eureka And An Audit Of DEP Over Alleged Workplace, Environmental Violations [PaEN]
-- Senate Environmental Committee Reports Independent Energy Information Office Bill; Democrats Attempt To Table Environmental Hearing Board Nominee [PaEN]
-- EPA/DOE Award DEP $44.4 Million To Plug Active, Conventional Oil & Gas Wells To Stop Leaking Methane [PaEN]
-- Videos Now Available From PA League Of Women Voters, University Of Pittsburgh School Of Public Health Shale Gas & Public Health Conference; Dept. Of Health Pushing For Changes To Reduce Adverse Health Impacts [PaEN]
-- House Passes Bill Requiring Registration Of Cryptocurrency Mining Operations, Impact Study [PaEN]
-- Carbon County Residents Urge DEP To Deny Stronghold Digital Mining, Inc. Request To Burn Tires To Fuel Its Cryptocurrency Mining Operation At The Panther Creek Power Plant [PaEN]
-- CNX Ends Coordination On West Virginia Adams Fork Ammonia Energy Project, Anchor Of ARCH2 Hydrogen Hub Application [PaEN]
-- HEI Energy Hosts Dec. 18 Webinar On New Research On Community Exposures To Oil & Gas Development & Groundwater Contamination In Beaver, Greene & Washington Counties [PaEN]
-- Independent Fiscal Office Estimates 2023 Act 13 Shale Gas Drilling Impact Fee Revenue Will Drop By Nearly $105 Million, While Almost 400 New Wells Were Drilled So Far In 2023 [PaEN]
-- House Passes Bill Requiring Registration Of Cryptocurrency Mining Operations, Impact Study [PaEN]
-- Carbon County Residents Urge DEP To Deny Stronghold Digital Mining, Inc. Request To Burn Tires To Fuel Its Cryptocurrency Mining Operation At The Panther Creek Power Plant [PaEN]
-- House Hearing: Shapiro Administration Supports Expanding Alternative Energy Portfolio Standards; Renewables Lower Energy Costs; Increase Grid Reliability; More Work Needed To Improve Natural Gas Reliability [PaEN]
-- WeConservePA Hosts Jan. 22 Webinar On Why Municipalities Should Consider A Utility-Scale Solar Energy Facility Ordinance [PaEN]
-- Penn State Extension Webinar Dec. 21: Shale Gas Trends For Landowners, Growth & Land Leasing [PaEN]
NewsClips This Week:
-- Public Herald: I Turned Blue - Workers Share Horrifying Experiences Treating Oil & Gas Wastewater
-- Williamsport Sun: Ex-Employees Seek Criminal Probe Against Eureka Resources Oil/Gas Wastewater Treatment Plant In Williamsport
-- NorthcentralPA.com: Former Eureka Resources Employees Ask Lycoming County DA Gardner For Criminal Investigation Of Workplace At Oil/Gas Wastewater Treatment Plant
-- Citizens Voice: Former Eureka Employees Ask Lycoming County DA For Criminal Investigation Of Workplace At Oil/Gas Wastewater Treatment Plant
-- Williamsport Sun: Fracking Water Spills At Eureka Resources Oil/Gas Wastewater Treatment Plant In Williamsport
-- TribLive Letter: For Natural Gas Industry, Concern For Health Should Trump Industry Profits
-- Lock Haven Express Letter: Who Does Senator Yaw Represent? - By Karen Elias
-- The Daily Item Letter: We Deserve A Refund, Too, From The Legislature [Pitt Shale Gas Health Studies] - By Trey Casimir
-- Bob Donnan Blog: Unleashing LNG Natural Gas Exports On Pennsylvania’s Habitat
-- Erie Times Guest Essay: Regulatory Reform Needed To Advance Critical Natural Gas Projects In PA - By American Petroleum Institute PA
-- TribLive Letter: Natural Gas Industry A Win For Pennsylvania - Keystone Contractors Assn.
-- PennLive Guest Essay: Black And Brown Communities Cannot Be Left In The Dark As Energy Innovation Booms - By Fmr ExxonMobil Executive
-- Williamsport Sun Letter: ‘Any Legislation Or Regulation That Seeks To Further Restrict The Development, Transportation or Use Of Natural Gas Will Harm Our Economy, Undermine Personal Property Rights, Weaken National Security And Reverse The Significant Environmental Program Enabled By This Clean Abundant Energy Source’ - By Marcellus Shale Gas Coalition
-- The Center Square - Anthony Hennen: Act 13 Shale Gas Drilling Impact Per Well Fee Revenues To Drop $105 Million
-- Post-Gazette: PA Shale Gas Impact Fee Revenues Drop $105 Million
-- Utility Dive: North American Electric Reliability Corp Board Risks Missing Deadline For Adopting New Generator Winterization Standards To Ensure Grid Reliability [Response To Winter Storm Elliot Problems]
-- Reuters: Extreme Cold Still Poses Reliability Challenge For North American Power Generators, Particularly Natural Gas Infrastructure - NERC
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-- StateImpactPA - Rachel McDevitt: PA Will Have 2 Years To Update Oil & Gas Facility Methane Emission Rules To Match EPA
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-- Post-Gazette - Anya Litvak: Shale Gas Exports Get A Seat At The Global Table: ‘That’s Our Business’ [EQT]
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-- Offshore Technology: US Gas Producer EQT Explores Sale Of Production Assets Worth $3 Billion In NE PA
-- Reuters: US Natural Gas Producer EQT Explores Sale Of Production Assets Worth $3 Billion In NE PA
-- Pittsburgh Business Times: CNX Pulls Out Of Adams Fork Hydrogen Project
-- PennLive Letter: Let’s Get To Work On PA’s Hydrogen Hubs, Develop Strong Standards - By Rep. Rabb (D-Philadelphia)
-- Herald-Star: Tenaska Outlines Carbon Capture, Storage Project In Shale Gas Formations In SW PA, Southern Ohio
-- The Allegheny Front: COP28 Roundup: Food, Health, Disaster Relief And The Oceans
-- Financial Times: COP28: The New Climate Commitments That Really Count: Oil & Gas Methane Reductions; Tripling Renewables; Boost Energy Efficiency
-- AP: Experts At Odds Over Result Of UN Climate Talks: ‘Historic,’ ‘Pipsqueak’ Or Something Else?
-- Bloomberg: COP28 Deal Signals Role For Natural Gas In Clean Energy Transition
-- Reuters: What Are The Loopholes In COP28 Climate Deal That Could Keep Oil, Gas, Coal Flowing Indefinitely
[Posted: December 16, 2023] PA Environment Digest
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