CleanTechnica•7 days ago
Environmental Groups Sue DOE Over Approval of CP2 LNG Export Application
Key Takeaway
The lawsuit against DOE's CP2 LNG export approval creates regulatory uncertainty for gas infrastructure and could influence domestic natural gas prices, impacting gas-fired generation and large industrial loads.
AI Summary
- •Environmental groups (NRDC, Earthjustice, Sierra Club) have filed a lawsuit challenging the Department of Energy's (DOE) approval of Venture Global's CP2 LNG export application.
- •The CP2 LNG facility is currently under construction in Louisiana and aims to export liquefied natural gas.
- •This legal challenge introduces regulatory uncertainty for future and existing natural gas infrastructure projects and could impact the long-term outlook for domestic natural gas supply and pricing.
- •Potential impacts on natural gas prices could affect the operating costs for gas-fired power plants (CCGT, simple-cycle) and large industrial consumers reliant on natural gas.
Topics
ccgtemissionspolicy
Article Content
WASHINGTON, D.C. — Environmental groups filed a lawsuit today challenging the Department of Energy’s (DOE) approval of Venture Global’s application to export liquefied natural gas (LNG) from a future facility, currently under construction in Louisiana. NRDC is co-counsel with Earthjustice representing Sierra Club, in challenging the export approval based on ... [continued] The post Environmental Groups Sue DOE Over Approval of CP2 LNG Export Application appeared first on CleanTechnica .