TULSA, Okla.—Williams (NYSE: WMB) announced Aug. 13 that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity authorizing the Rivervale South to Market project—an expansion of the existing Transco natural gas pipeline to meet the growing heating and power generation demand for northeastern consumers.
The Rivervale South to Market project will create 190,000 dekatherms per day of firm transportation capacity to serve Direct Energy Business Marketing LLC and UGI Energy Services LLC in time for the 2019-2020 winter heating season (enough natural gas to meet the daily needs of about 1 million homes).
“The demand for clean, reliable, and low-cost natural gas continues to climb, particularly in northeastern markets like New Jersey and New York City,” said Micheal Dunn, COO of Williams. “The region has made tremendous strides in improving air quality due primarily to the conversion from fuel oil to natural gas. The Rivervale South to Market project will further propel this progress in a manner that minimizes environmental impacts by maximizing the use of our existing Transco infrastructure.”
According to the U.S. Environmental Protection Agency (EPA), increased utilization of natural gas has resulted in U.S. carbon dioxide emissions declining 13% since 2005, while overall greenhouse gas emissions are at their lowest levels since 1992.
The Rivervale South to Market project will consist of uprating 10.35 miles of existing Transco pipeline, adding a 0.61-mile pipeline loop, as well as upgrades and modifications to existing facilities, all in New Jersey.
Following the receipt of all necessary regulatory approvals, Williams anticipates beginning construction on the Rivervale South to Market project in early 2019.
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