The Atlantic Coast Pipeline (ACP) has received an approval related to certificate of public convenience and necessity from the Federal Energy Regulatory Commission (FERC).
The 600m pipeline, which is being developed by energy companies, including Dominion Energy, Duke Energy, Piedmont Natural Gas and Southern Company Gas, is aimed at meeting the needs of customers in Virginia and North Carolina.
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Expected to result in energy cost savings worth $377m, the infrastructure will supply natural gas to public utilities for generation of electricity to power local households and businesses.
Duke Energy chairman, president and CEO Lynn Good said: “FERC’s approval is an important milestone and a critical step forward for the Atlantic Coast Pipeline to deliver the benefits of affordable, clean natural gas and affirms the project will be built with minimal impacts to the environment.
“Natural gas from the pipeline will increase consumer savings, enhance reliability, enable more renewable energy and provide a powerful engine for statewide economic development and job growth.
“It also supports our plan to produce cleaner energy through newer, highly efficient natural gas plants and allows more capacity for Piedmont Natural Gas to serve new homes and businesses.
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By GlobalDataDominion Energy noted that it will work towards completing the environmental review process for the project.
In its order, the FERC is said to have recognised the need for more natural gas infrastructure to cater to the energy demand in Virginia and North Carolina.
The infrastructure will be used to transport natural gas from West Virginia to communities in Virginia and North Carolina.
