FERC Reinstates Certificate for Transco’s Regional Energy Access Expansion
Williams (NYSE: WMB) announced that the Federal Energy Regulatory Commission (FERC) has reinstated the certificate for Transco's Regional Energy Access Expansion (REA) project. The reinstatement takes effect immediately upon the D.C. Circuit Court of Appeals' mandate issuance.
The REA project will provide important gas supplies to New Jersey, New York, Pennsylvania, and Maryland, with capacity to serve approximately 4.4 million homes annually. The announcement comes as Transco achieved a new all-time peak day on Jan. 23, 2025, with a total volume of 19.17 Bcf/d, driven by frigid temperatures and normal power and industrial sector demand.
Williams (NYSE: WMB) ha annunciato che la Federal Energy Regulatory Commission (FERC) ha ripristinato il certificato per il progetto di espansione dell'accesso all'energia regionale (REA) di Transco. Il ripristino entra in vigore immediatamente dopo l'emissione del mandato da parte della Corte d'appello del D.C.
Il progetto REA fornirà importanti forniture di gas a New Jersey, New York, Pennsylvania e Maryland, con una capacità sufficiente per servire circa 4,4 milioni di abitazioni all'anno. L'annuncio arriva mentre Transco ha raggiunto un nuovo picco di volume giornaliero il 23 gennaio 2025, con un volume totale di 19,17 Bcf/d, sostenuto da temperature rigide e una domanda normale nei settori energetico e industriale.
Williams (NYSE: WMB) anunció que la Comisión Federal Reguladora de Energía (FERC) ha restablecido el certificado para el proyecto de Expansión de Acceso Energético Regional (REA) de Transco. El restablecimiento entra en vigor de inmediato tras la emisión del mandato del Tribunal de Apelaciones del D.C.
El proyecto REA proporcionará importantes suministros de gas a Nueva Jersey, Nueva York, Pensilvania y Maryland, con capacidad para atender aproximadamente a 4,4 millones de hogares anualmente. El anuncio llega mientras Transco alcanzó un nuevo récord de volumen diario el 23 de enero de 2025, con un volumen total de 19,17 Bcf/d, impulsado por temperaturas frías y una demanda normal en los sectores energético e industrial.
윌리엄스 (NYSE: WMB)는 연방 에너지 규제 위원회(FERC)가 트랜스코의 지역 에너지 접근 확장(REA) 프로젝트의 인증서를 재개했다고 발표했습니다. 이 재개는 D.C. 항소 법원에서 발행된 명령이 즉시 효력을 발생합니다.
REA 프로젝트는 뉴저지, 뉴욕, 펜실베이니아 및 메릴랜드에 중요한 가스 공급을 제공하며, 연간 약 440만 가정을 지원할 수 있는 용량을 가지고 있습니다. 이 발표는 트랜스코가 2025년 1월 23일에 총 19.17 Bcf/d의 볼륨으로 새로운 일일 peak를 달성했을 때 나왔으며, 이는 한파와 정상적인 전력 및 산업 부문 수요에 의해 촉발되었습니다.
Williams (NYSE: WMB) a annoncé que la Commission fédérale de réglementation de l'énergie (FERC) a rétabli le certificat pour le projet d'expansion de l'accès à l'énergie régionale (REA) de Transco. Le rétablissement prend effet immédiatement après l'émission du mandat par la Cour d'appel de D.C.
Le projet REA fournira des approvisionnements en gaz importants à New Jersey, New York, Pennsylvanie et Maryland, avec une capacité suffisante pour servir environ 4,4 millions de foyers par an. L'annonce intervient alors que Transco a atteint un nouveau pic historique de volume journalier le 23 janvier 2025, avec un volume total de 19,17 Bcf/d, soutenu par des températures glaciales et une demande normale dans les secteurs de l'énergie et de l'industrie.
Williams (NYSE: WMB) hat angekündigt, dass die Federal Energy Regulatory Commission (FERC) das Zertifikat für das Regional Energy Access Expansion (REA)-Projekt von Transco wiederhergestellt hat. Die Wiederherstellung tritt sofort mit der Ausstellung des Mandats des D.C. Berufungsgerichts in Kraft.
Das REA-Projekt wird wichtige Gasversorgung für New Jersey, New York, Pennsylvania und Maryland bereitstellen, mit einer Kapazität, die etwa 4,4 Millionen Haushalte jährlich bedienen kann. Die Ankündigung erfolgt, nachdem Transco am 23. Januar 2025 einen neuen Allzeithochstandtag mit einem Gesamtvolumen von 19,17 Bcf/d erreicht hat, was auf frostige Temperaturen und eine normale Nachfrage im Energiesektor und der Industrie zurückzuführen ist.
- FERC reinstated certificate for Regional Energy Access Expansion project
- Project will serve approximately 4.4 million homes annually
- Transco achieved new record peak volume of 19.17 Bcf/d on Jan. 23, 2025
- None.
Insights
The FERC's reinstatement of Transco's Regional Energy Access Expansion certificate marks a pivotal moment for Williams' infrastructure strategy and market position. The timing is particularly significant, coinciding with record-breaking demand of 19.17 Bcf/d during extreme weather conditions, validating the critical need for expanded natural gas infrastructure in the Northeast.
The REA project's strategic importance extends beyond its immediate capacity to serve 4.4 million homes. It strengthens Williams' competitive moat in four key states - New Jersey, New York, Pennsylvania and Maryland - where regulatory approvals for new pipeline infrastructure have become increasingly challenging. This regulatory victory could potentially accelerate Williams' revenue growth trajectory through increased transmission capacity and improved pricing power during peak demand periods.
The market implications are substantial: 1) Enhanced supply reliability during extreme weather events, reducing price volatility and supply constraints 2) Improved infrastructure redundancy in a region historically plagued by capacity limitations 3) Strengthened competitive positioning against alternative energy sources in the Northeast's evolving energy landscape.
The swift FERC action also signals a potentially more favorable regulatory environment for critical infrastructure projects, particularly those demonstrating clear public necessity. This could accelerate Williams' future expansion plans and strengthen its market leadership in natural gas transmission.
“Williams appreciates FERC’s swift action at a time when natural gas infrastructure is being called on to reliably deliver at record volumes. The recent bitter cold conditions across the Northeast are an important reminder of the vital role transmission pipelines play in delivering the natural gas necessary to keep millions of Americans warm, safe and secure,” said Alan Armstrong, president and chief executive officer of Williams.
The REA project provides critical access to gas supplies, easing supply constraints, and delivering reliable service to customers in
About Williams
Williams (NYSE: WMB) is a trusted energy industry leader committed to safely, reliably, and responsibly meeting growing energy demand. We use our 33,000-mile pipeline infrastructure to move a third of the nation’s natural gas to where it's needed most, supplying the energy used to heat our homes, cook our food and generate low-carbon electricity. For over a century, we’ve been driven by a passion for doing things the right way. Today, our team of problem solvers is leading the charge into the clean energy future – by powering the global economy while delivering immediate emissions reductions within our natural gas network and investing in new energy technologies. Learn more at www.williams.com.
Portions of this document may constitute “forward-looking statements” as defined by federal law. Although Williams believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in Williams’ annual and quarterly reports filed with the SEC.
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