fbpx

New Report Shows PennEast Pipeline Not Needed Under Any Scenario

Posted September 4, 2018

The proposed PennEast pipeline is a solution in search of a problem, and data and analysis shows the pipeline isn’t needed to satisfy need, to reduce natural gas prices, or to ensure reliability or a low-cost transition to a clean energy future.

  • New Jersey currently has substantial excess pipeline capacity to meet its needs — even during extreme cold periods — and PennEast would add to the unnecessary capacity.
  • By creating a further glut of capacity, PennEast would increase costs to New Jersey consumers by $180 million to $280 million per year.
  • Independent research found that PennEast inflated its estimated job numbers by at least 66% and that the project would result in only 10 ongoing jobs in New Jersey.

Related Articles

NJ Introduces Legislation To Establish Statewide Healthy Building Standard

March 20, 2024

Massachusetts Gas Heating Bills Set To Double, Triple in Coming Years, Spurring ‘Retrofits of Regret’ From Homebuyers Stuck With Fossil Fuel Equipment

March 12, 2024

NJDEP Announces Strategic Climate Action Plan

September 21, 2023
© 2024 ReThink Energy NJ | Privacy Policy