CPV Shay Energy Center
By Matt Litchfield , Director of External and Regulatory Affairs for Competitive Power Ventures
utilizing carbon capture and storage . Following permitting and construction , the project will go into operation later this decade and provide wholesale power to the regional PJM Interconnection grid .
The project was made possible by the advancement of the recently passed federal legislation known as the Inflation Reduction Act that expanded the 45Q federal tax credit for carbon capture . Additionally , in 2022 , West Virginia passed key legislation to codify how carbon sequestration would work in the Mountain State . Governor Jim Justice signed the bill into law , and West Virginia became one of the very few states in the nation to establish the basic rules of how this burgeoning industry will unfold .
While Pennsylvania and Ohio have seen the construction of multiple combined-cycle natural gas power plants over the last few years , West Virginia presently has none . CPV plans to change that . The company is headquartered in Silver Spring , MD , and has over two decades of unprecedented success in the development , construction and operation of highly efficient and low-emitting electric generation and renewable projects in the U . S . •
Competitive Power Ventures ( CPV ) has selected Doddridge County for the CPV Shay Energy Center , a nearly 1,800 megawatts combined-cycle natural gas power station
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