ag_ferc_natural_gas_pipeline_certification

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ag_ferc_natural_gas_pipeline_certification

0 Analysis GroupICOMCVK fttUhClM if*vww COMUHTAMHNatural Gas Pipeline CertificationPolicy Considerations for a Changing IndustrySusan Tierney, Ph.D.An

ag_ferc_natural_gas_pipeline_certificationnalysis Group43045Natural Gas Pipeline Certification PolicyAcknowledgmentsThis report reviews the changing circumstances regarding the production, tra

nsportation, and consumption of natural gas in the United States and the potential impact of these changes on federal policies governing the certifica ag_ferc_natural_gas_pipeline_certification

tion and pricing of new interstate natural gas pipeline developments.This is an independent report by Susan Tierney at Analysis Group, supported with

ag_ferc_natural_gas_pipeline_certification

funding from the Natural Resources Defense Council. She thanks NRDC for its support and appreciates the assistance of Katie Franklin, Jacob Silver and

0 Analysis GroupICOMCVK fttUhClM if*vww COMUHTAMHNatural Gas Pipeline CertificationPolicy Considerations for a Changing IndustrySusan Tierney, Ph.D.An

ag_ferc_natural_gas_pipeline_certificationalysis GroupAnalysis Group provides economic, financial, and business strategy consulting to leading law firms, corporations, and government agencies.

The firm has more than 800 professionals, with offices in Boston, Chicago, Dallas, Denver, Los Angeles, Menlo Park, New York, San Francisco, Washingt ag_ferc_natural_gas_pipeline_certification

on, D.C., Montreal, London, Brussels, and Beijing.Analysis Group’s energy and environment practice area is distinguished by expertise in economics, fi

ag_ferc_natural_gas_pipeline_certification

nance, market modeling and analysis, regulatory issues, and public policy, as well as significant experience in environmental economics and energy inf

0 Analysis GroupICOMCVK fttUhClM if*vww COMUHTAMHNatural Gas Pipeline CertificationPolicy Considerations for a Changing IndustrySusan Tierney, Ph.D.An

ag_ferc_natural_gas_pipeline_certificationegulatory' commissions and other public agencies; tribal governments; power system operators; foundations; financial institutions; and start-up compan

ies.Analysis GroupNatural Gas Pipeline Certification PolicyTable of ContentsI.Executive Summary1II.Context: FERC’s Policy statementandCertification Pr ag_ferc_natural_gas_pipeline_certification

ocess7FERC'S 1999 Policy statement7The Certification Process10Pipeline Certification Reviews12III.Factors Affecting FERC CertificationReview Policies1

ag_ferc_natural_gas_pipeline_certification

4Major Changes in the Natural Gas Industry Have Occurred Since the 1999 Policy statement15Other Changes Affecting the U.S. Energy System Have Occurred

0 Analysis GroupICOMCVK fttUhClM if*vww COMUHTAMHNatural Gas Pipeline CertificationPolicy Considerations for a Changing IndustrySusan Tierney, Ph.D.An

ag_ferc_natural_gas_pipeline_certification Gas Pipeline Certification Policy43045In the 1999 Policy statement, FERC Stated Its intention to ensure that its certification decisions would strike

an appropriate balance between:-enhancing market competition and supporting market demand-avoiding the potential for overbuilding gas infrastructure ag_ferc_natural_gas_pipeline_certification

and the potential adverse impacts to landowners, communities, and the environment.Since 1999, FERC has approved virtually all of the hundreds of pipel

ag_ferc_natural_gas_pipeline_certification

ine applications submitted to the agency.

0 Analysis GroupICOMCVK fttUhClM if*vww COMUHTAMHNatural Gas Pipeline CertificationPolicy Considerations for a Changing IndustrySusan Tierney, Ph.D.An