A Key Milestone for MVP Southgate

A Key Milestone for MVP Southgate

The Federal Energy Regulatory Commission (FERC) has issued its Draft Environmental Impact Statement (DEIS) regarding the proposed MVP Southgate project. The 421-page report marks a milestone for the initiative, which brings a major interstate natural gas pipeline to North Carolina. Federal regulators found the proposed route is the preferred option for meeting the project’s purpose. “It also found the project would result in only limited adverse environmental impacts, and that those impacts could be successfully reduced to less than significant levels,” says Shawn Day, public relations manager for the project. “We will continue to work with landowners and other stakeholders to refine the proposed route as necessary and will respond to the FERC with the information requested in the DEIS.” Click HERE for a complete copy of the DEIS.

 

The MVP Southgate project’s construction is expected to generate approximately $6.3 million in state and local tax revenues in North Carolina during construction, and, once operational, approximately $3.4 million annually in new ad valorem tax revenues to county and municipal governments along the route. The NC Utilities Commission has recognized the need for additional interstate natural gas transmission pipeline capacity in North Carolina. PSNC Energy, for example, has added about 100,000 new customers over the past decade without a new supply source. In June 2018, NCEDA’s Board of Directors unanimously approved a resolution supporting MVP Southgate, which will provide North Carolina’s manufacturers additional supplies of safe, reliable and affordable energy while also addressing the state’s rapid consumer population growth.

 

NCEDA members are encouraged to voice their support for this key piece of economic infrastructure. A public comment period will run until 5 pm on September 16. Comments citing the project docket number (CP19-14) may be submitted through US mail to: Secretary, Federal Energy Regulatory Commission • 888 First Street NE • Washington, DC 20426 or via e-filing at www.ferc.gov. There are also three public meetings scheduled later this month in Wentworth, Chatham (VA) and Haw River. Click HERE for more details on these meetings.