Kinder Morgan Scores Important Victory in NH to Build NED Pipeline
The first domino has fallen. Kinder Morgan won an important victory in New Hampshire with respect to building the Northeast Energy Direct (NED) pipeline project--an extension of the Tennessee Gas Pipeline from New York through Massachusetts into New Hampshire and back into Massachusetts. On Friday the staff of the NH Public Utilities Commission (PUC) signed off on a request by the state's largest utility company, Liberty Utilities, to buy capacity from the new NED pipeline as it passes through the state. Because Liberty's action will potentially affect ratepayers (some of the cost may be passed to utility customers), the PUC must approve it. Full approval for Liberty to contract for capacity on NED will happen later in July--but full approval is almost certainly a foregone conclusion because of this initial approval...
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