benefits and challenges - | …...benefits and challenges vice president, us gas law patrick j....
TRANSCRIPT
![Page 1: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/1.jpg)
![Page 2: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/2.jpg)
Emerging Energy Issues:Natural Gas Pipelines -Benefits and Challenges
Vice President, US Gas Law
Patrick J. Hester
July 24, 2018
![Page 3: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/3.jpg)
3
![Page 4: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/4.jpg)
U.S. Natural Gas Resource Estimates More Than Doubled in Last Decade
If the 1966 estimate of 600 Tcf had remained static, the U.S. would have run out of natural gas in the 1990s. Technology has improved our ability to detect and extract natural gas.
4
![Page 5: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/5.jpg)
5
![Page 6: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/6.jpg)
US Interstate Natural Gas Pipelines
6
![Page 7: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/7.jpg)
7
![Page 8: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/8.jpg)
Natural Gas – A New England Success Story
up 230%since 2001
SO2 Emissions
down 98%
NOX Emissions
down 73%
Carbon Emissions
down 29%
Replacing coal and oil with nat. gas will further reduce carbon
emissionsNatural Gas-Fired Power Production
8
![Page 9: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/9.jpg)
1 Million Tons of Additional Greenhouse Gas Emissions
The incremental emissions from increased oil and coal-fired power plants nearly exceeding annual emissions limits
in 13 days
Equivalent to 6 Million Additional Vehicles
The incremental emissions from the cold snap are equivalent to doubling the number of
vehicles on our roads
Negated the Benefits of Up To 75% of the Solar Power in MA
The additional greenhouse gas emissions during the cold snap offset the annual benefits of more
than 1,500 MW solar power
Environmental impact of cold snap
– 1500 MW
- MA EEA Secretary, Matthew BeatonJan. 24, 2018
The incremental emissions from the lack of natural gas during the cold snap is an environmental ‘disaster’ for meeting New England’s GHG goals.
+6MM
9
![Page 10: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/10.jpg)
Schedule of Regulatory Process
Project Conception
Pre-FilingPreparation
Pre-Filing Process
Certificate Application
Post-Certificate
Post NTP / Constructio
nOperations
FERC Process
In-service
In-service dates are
established by needs of LDCs
or electric generators
FERC schedule is fairly predictable
Biggest uncertainties are now seen post-certificate
State 401 Process
Commercial arrangements are made very early in the process
Costs & schedules are locked in before significant work performed
10
![Page 11: Benefits and Challenges - | …...Benefits and Challenges Vice President, US Gas Law Patrick J. Hester July 24, 2018 3 U.S. Natural Gas Resource Estimates More Than Doubled in Last](https://reader033.vdocuments.site/reader033/viewer/2022042915/5f513e0ae5f918157102ae9e/html5/thumbnails/11.jpg)