North Carolina worries about gas supply amid pipeline opposition
Tom KirkmanIndependent Project Manager
Oddly, North Carolina seems to be concerned about natural gas supplies in the near future.
Perhaps the current U.S. federal government’s push to reduce oil pipelines and natural gas pipelines has something to do with it.
CMS Energy Advisors & Consumers Energy are there any similar future concerns for natural gas supplies in Michigan? The Michigan Governor’s push to shut down Enbridge Line 5 pipeline remains a cause for concern.
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“A carefully obscure provision in North Carolina’s energy reform bill supports contentions by critics of Duke Energy Corp.’s long-range construction plans that supplies may not be available for the utility’s proposed buildout of new natural gas plants.
Expected sources for additional gas in a state that currently has only one interstate pipeline are becoming scarce. Last year Duke (NYSE: DUK) and Dominion Energy Inc. (NYSE: D) abandoned the $8 billion Atlantic Coast Pipeline. An alternative source, the MVP Southgate pipeline into North Carolina, faces continuing delays over legal challenges to the extension of its source, the Mountain Valley Pipeline, in Virginia.
Those issues have caused critics of the Integrated Resource Plans submitted to regulators last fall by Duke Energy Progress and Duke Energy Carolinas – including the N.C. Attorney General’s office – to question whether sufficient gas will be available to supply new plants the company proposes to build in the state. …”