Southeast Energy News

Coal companies get $31 million in pandemic small business loans

COAL: The federal government has given more than $31 million in loans meant to help small businesses to coal companies, according to Securities and Exchange Commission filings. (Bloomberg)

ALSO: Murray Energy entered bankruptcy with about $300 million in liquidity and in two months has burned through about $180 million, a veteran coal journalist covering the case explains. (WVPB)

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PIPELINES:
• Dominion Energy says the Atlantic Coast Pipeline will cost $8 billion and be completed by 2022, pending several legal cases. (Reuters)
• Pipeline company MPLX says it is no longer pursuing a Permian Basin to Gulf Coast natural gas pipeline due to the collapse in oil prices. (Reuters)
• A gas pipeline explodes in the woods near a Kentucky compressor station, but there were no injuries. (WKYT)

OIL & GAS:
• Texas oil and gas regulators reject production cuts but relax fees for some management and cleanup processes. (Austin American Statesman)
• About half of Louisiana Oil and Gas Association members expect to file for bankruptcy because of the market collapse, according to a survey. (The Advocate)
• The coronavirus pandemic could drive a mass abandonment of oil and gas wells in Appalachia, Louisiana and elsewhere. (E&E News, subscription)

SOLAR:
• A citizens group in Culpeper County, Virginia, asks officials to delay consideration of a solar project proposed near a Civil War battlefield until they finish a historical study of the area. (Culpeper Star-Exponent)
• A Spanish renewable company signs a power purchase agreement with the Tennessee Valley Authority for a 90 MW solar project in Kentucky. (Renewables Now)
• Construction begins on an 86 MW solar project in Georgia, which will help supply power to electric cooperatives. (Solar Power World)

NUCLEAR: Despite cutting 2,000 jobs, Georgia Power still expects Plant Vogtle to be in service in 2021. (Engineering News-Record) 

UTILITIES: Low-income families in Louisville, Kentucky, can apply for help with home energy bills during the pandemic through a city program. (WDRB)

COMMENTARY: The Atlantic Coast Pipeline could become a stranded asset for Dominion and cost shareholders, an energy investor says. (Virginia Mercury)

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