Mountain Valley Pipeline

IEEFA Research

IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

Falling demand, legal and regulatory challenges spell financial peril for pipeline project

March 8, 2021 (IEEFA) — A 303-mile pipeline that would move natural gas from the Appalachian Basin to markets in the eastern and southern U.S. is in financial jeopardy because of reduced demand projections and legal challenges, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Mountain […]

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

EPA recommends against Mountain Valley Pipeline crossing permit

Virginia Mercury: The U.S. Environmental Protection Agency has recommended that the Army Corps of Engineers not grant Mountain Valley Pipeline a critical permit to cross several hundred streams in Virginia and West Virginia.  “EPA has identified a number of substantial concerns with the project as currently proposed, including whether all feasible avoidance and minimization measures […]

July 12, 2021 Read More →

Regulatory hurdles postpone Mountain Valley Pipeline startup even further

S&P Global Market Intelligence ($): Equitrans Midstream Corp. on May 4 said it is further postponing the in-service date of its 303-mile, 2-Bcf/d Mountain Valley Pipeline LLC mainline project, as well as its planned 75-mile pipeline expansion, amid several regulatory and permitting hurdles. Equitrans said it no longer sees Mountain Valley securing the necessary waterbody […]

May 5, 2021 Read More →

Virginia water review likely to further delay completion of Mountain Valley Pipeline

S&P Global Market Intelligence ($): Virginia regulators have said they will need at least until December 2021 to complete a water quality review for Mountain Valley Pipeline LLC, further pressuring the project’s late-2021 in-service target. The 303-mile, 2-Bcf/d project connecting Appalachian Shale gas to mid-Atlantic markets recently initiated a new round of permitting after suffering […]

April 1, 2021 Read More →
IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market
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IEEFA U.S.: Financial rationale for Mountain Valley Pipeline has evaporated in changing market

Falling demand, legal and regulatory challenges spell financial peril for pipeline project

March 8, 2021 (IEEFA) — A 303-mile pipeline that would move natural gas from the Appalachian Basin to markets in the eastern and southern U.S. is in financial jeopardy because of reduced demand projections and legal challenges, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The Mountain […]

NextEra eyes 30GW of new renewable energy development by 2024

S&P Global Market Intelligence ($): NextEra Energy Inc. raised its projection for renewable energy development through next year and expects to have its largest construction program ever in 2023 and 2024 as the company moves to capitalize on rising demand for clean energy. NextEra, which owns the regulated utility Florida Power & Light Co., expects […]

January 27, 2021 Read More →

Analysts see little likelihood any new interstate gas pipelines will be built in U.S.

S&P Global Market Intelligence ($): Development of major interstate natural gas pipelines in the U.S. may start to wind down as the market turns toward clean energy and as the Biden administration puts its stamp on policies surrounding fossil fuel production and transportation, according to executive observations and analyst comments. The number and size of […]

January 26, 2021 Read More →
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 →