Mountain Valley Pipeline

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IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Two Pipeline Expansion Projects in Appalachia Indicate a Rush Toward Overbuilding

Mountain Valley and Atlantic Coast Pipelines Pose Risk to Ratepayers, Communities, and Investors

We’ve published a report today that concludes that two natural gas pipelines proposed for construction from West Virginia into Virginia and North Carolina are indicative of a rush toward industry overbuilding. The study, “Risks Associated With Natural Gas Pipeline Expansion Across Appalachia,” examines the proposed Mountain Valley Pipeline, which would traverse West Virginia into eastern […]

April 27, 2016 Read More →

More News and Commentary

IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs
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IEEFA U.S.: FERC gives blank check approval to pipeline builders, while investors and consumers pick up costs

Commission’s 21-year-old pipeline policy puts contracts ahead of utility customers

December 17, 2020 (IEEFA) — The federal agency responsible for approving interstate gas pipeline projects is basing its decisions on contracts rather than on today’s consumer energy needs or the public interest, according to a report released today by the Institute for Energy Economics and Financial Analysis. The report—FERC’s Failure to Analyze Energy Market Forces—details […]

Developer Equitrans raises cost of contested Mountain Valley Pipeline to $5.8 billion

The Roanoke Times: The Mountain Valley Pipeline has once again pushed its completion date back and the project cost up. Equitrans Midstream Corp., the lead partner in a joint venture of five energy companies that has faced widespread environmental problems while building the natural gas pipeline, made the announcement Tuesday. Rather than completing construction early […]

November 4, 2020 Read More →

Stop-work order lifted on Mountain Valley pipeline project

Associated Press: Mountain Valley Pipeline has another two years to finish a natural gas pipeline. The Roanoke Times reports that the Federal Energy Regulatory Commission [FERC] also lifted a stop-work order for all but a 25-mile segment of the interstate transmission line that includes the Jefferson National Forest and adjacent land. While acknowledging problems with […]

October 12, 2020 Read More →

New York’s ConEd pulling back on gas investments, saying they’re not the long-term solution

S&P Global Market Intelligence ($): Consolidated Edison Inc. will no longer invest in long-haul natural gas pipelines and may sell its existing portfolio, the company said just days after outlining plans for adopting alternative energy technology. “I don’t expect we’ll be making any further investments in those types of gas transmission assets,” Chairman, President and […]

August 28, 2020 Read More →

IEEFA update: Another pipeline tripped up by failure to obtain a Clean Water Act approval

State action thwarts another U.S. federal effort to expand fossil fuel-burning as financial realities and alternative solutions embolden a North Carolina agency

While the debate rages over the Mountain Valley Pipeline, a large proposed extension has just hit a brick wall.   The main Mountain Valley Pipeline, which would run 303 miles from West Virginia to Pittsylvania County in Virginia, is not yet fully built. Construction was speeding along until a U.S. appeals court ruled that it had […]

August 13, 2020 Read More →

North Carolina denies key water permit for planned southern extension of Mountain Valley Pipeline

Greensboro News & Record: North Carolina environmental officials have denied a key permit that would allow a proposed natural gas pipeline to be built along the Triad’s eastern border. In a letter that was posted online by N.C. Policy Watch on Tuesday, the director of N.C. Division of Water Resources said the division has determined […]

August 12, 2020 Read More →

Developer EQM Midstream says Mountain Valley Pipeline will cost more, take longer

S&P Global Market Intelligence ($): Citing the need to adapt to recent regulatory challenges, Mountain Valley Pipeline LLC once again delayed the in-service date of its 2-Bcf/d gas pipeline project to early 2021 and estimated a potential 5% increase over the project’s $5.4 billion budget. The new in-service date, pushed back from the earlier schedule […]

June 12, 2020 Read More →

Court decision likely to prompt additional delays for Atlantic Coast, Mountain Valley pipeline projects

Reuters: The two biggest U.S. natural gas pipelines under construction are likely facing more delays after an appeals court ruling against the Army Corps of Engineers, energy analysts said. The Trump administration has pressed ahead with new pipeline construction, but several projects have been stalled by successful legal challenges saying the administration is not applying […]

June 1, 2020 Read More →

Cancellation of Constitution pipeline a troubling sign for other projects, analysts say

S&P Global Market Intelligence ($): The cancellation of a proposed natural gas pipeline into New York may be a sign of challenges ahead for other projects, both at the grassroots level and in Washington, D.C., according to energy analysts. Anti-fossil-fuel activists have grown more successful in recent years, but Williams Cos. Inc.’s move to scrap […]

February 26, 2020 Read More →

Uncertainty, delay continue for Dominion’s Atlantic Coast gas pipeline

Reuters: Dominion Energy Inc said on Monday it was confident it will complete the proposed $7.3-$7.8 billion Atlantic Coast natural gas pipeline from West Virginia to North Carolina by early 2022, in response to a prediction by investment bank Morgan Stanley that a court decision would likely scuttle the project. “We remain committed to completing […]

December 17, 2019 Read More →