Duke Energy and Dominion Energy recently cancelled their Atlantic Coast Pipeline (ACP) project, a natural gas pipeline planned to traverse West Virginia, Virginia, and North Carolina. Dominion coupled this announcement with another that it would be divesting its natural gas transmission and storage segment.
The Atlantic Coast Pipeline was initially planned to begin in Wesr Virginia, travel through Virginia, and then on to North Carolina. The ACP would be capable of delivering about 1.5 million dekatherms (equivalent to 1.5 billion cubic feet per day) of natural gas through access to multiple U.S. supply basins.
 CNN, Energy companies cancel construction of Atlantic Coast Pipeline, https://www.cnn.com/2020/07/05/us/duke-dominion-energy-cancel-atlantic-coast-pipeline/index.html
 Charlotte Business Journal, Duke Energy, Dominion abandon the $8 billion Atlantic Coast Pipeline, https://www.bizjournals.com/charlotte/news/2020/07/05/duke-energy-dominion-abandon-the-atlantic-coast-p.html
 Construction Dive, $8B Atlantic Coast Pipeline project canceled due to legal uncertainties, https://www.constructiondive.com/news/supreme-court-ruling-advances-8b-pipeline-project/579974/
 Duke Energy, Dominion Energy and Duke Energy cancel the Atlantic Coast Pipeline, https://news.duke-energy.com/releases/dominion-energy-and-duke-energy-cancel-the-atlantic-coast-pipeline
 Oil and Gas Journal, Atlantic Coast Pipeline hires main construction contractor, https://www.ogj.com/pipelines-transportation/article/17250126/atlantic-coast-pipeline-hires-main-construction-contractor
 Dominion Energy, July 06 2020 8K SEC Filing, https://d18rn0p25nwr6d.cloudfront.net/CIK-0000715957/b951da4d-8add-45e4-9b20-4bee407d5780.pdf
 Dominion Energy, Dominion Energy Agrees to Sell Gas Transmission, Storage Assets to Berkshire Hathaway Energy– Strategic Repositioning Toward ‘Pure-Play’ State-Regulated, Sustainability-Focused Utility Operations, https://news.dominionenergy.com/2020-07-05-Dominion-Energy-Agrees-to-Sell-Gas-Transmission-Storage-Assets-to-Berkshire-Hathaway-Energy-Strategic-Repositioning-Toward-Pure-Play-State-Regulated-Sustainability-Focused-Utility-Operations
 Dominion Energy, July 6 2020, Dominion Energy Investor Update Call Transcript, p 4-5; https://s2.q4cdn.com/510812146/files/doc_downloads/2020/07/2020-07-06-DE-IR-Dominion-Energy-Investor-Update-Conference-Call-Transcript-6-July-2020-9_00-AM-ET-vTC.pdf
 Dominion Energy, July 6 2020, Dominion Energy Investor Update Call Transcript, p 3; https://s2.q4cdn.com/510812146/files/doc_downloads/2020/07/2020-07-06-DE-IR-Dominion-Energy-Investor-Update-Conference-Call-Transcript-6-July-2020-9_00-AM-ET-vTC.pdf
Additional Contributing Author: Mike Kerrigan
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