Beacon Hill Institute Report Portrays Tennessee’s Northeast Energy Direct Pipeline Project As a Major Game-Changer for Massachusetts’ Utilities and Other Natural Gas Users in New England

摘要

The Economic Impact on Massachusetts of the Proposed Northeast Energy Direct Pipeline is the title of a just issued report conducted by The Beacon Hill Institute at Suffolk University. The Institute analyzed the economic effects in Massachusetts of Tennessee Gas Pipeline Co. LLC building the Northeast Energy Direct (NED) project, which would upgrade, extend and build new pipeline through New York, New Hampshire and Massachusetts. The "market portion" of NED from Wright, New York to Dracut, Massachusetts will be approximately 53 miles of pipeline co-located with existing utility corridors in New York, 64 miles of pipeline in Massachusetts, approximately 71 miles of pipeline in New Hampshire generally co-located with existing corridors, and additional laterals and loops. The NED pipeline would be built at a capacity of 1.2 Bcf/d but is expandable to 2.2 Bcf/d. During the construction of the pipeline, Kinder Morgan Inc. (Tennessee's parent) plans to spend $1.3 billion on labor, capital goods and materials just in Massachusetts where nine new meter stations will be installed as well, according to the report.