STATEMENT: NCSEA Statement on the cancellation of the Atlantic Coast Pipeline
The NCSEA team was pleased to hear of the cancellation of the Atlantic Coast Pipeline (ACP) by Duke Energy and Dominion Energy. We owe a debt of gratitude to our many partners whose advocacy work over the last several years contributed to this win for North Carolina, and we are optimistic about the wealth of new market opportunities now available for affordable clean energy. That the utilities cited economic reasons as a major factor in their decision reinforces something we have known for years—fossil fuels are no longer the most economical energy option for utilities or consumers.
A 2019 study performed by NCSEA and Synapse Economics demonstrated that the least-cost energy decision for North Carolina would be to utilize twice as much clean energy as Duke Energy proposed in its 2018 Integrated Resource Plan. We are eager to build on this research and apply our data-driven, evidence-based expertise to ensure that North Carolina takes advantage of the cost savings, increased jobs, lower electricity rates, and environmental benefits that are now available as a result of this decision.
To learn more about NCSEA and our work, please contact Matt Abele at firstname.lastname@example.org.
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