Post by Logan on Feb 4, 2016 4:00:02 GMT -6
BISMARCK — The North Dakota Public Service Commission approved more than $2 billion in energy-related projects in 2015, the agency said this week.
The siting permits approved last year included 16 transmission pipelines totaling more than 495 miles, including new projects and pipelines that were converted to transmission pipelines.
"Despite low oil prices, companies continue to invest in major new projects that provide critical infrastructure such as pipelines, gas plants and electric generation facilities to serve energy development and growth," said Commission Chairman Julie Fedorchak.
The number of new projects approved in 2015 was slightly down from 2014's total of $2.7 billion, but still significantly higher than 2013 when the agency approved more than $1 billion in projects.
Read more: www.inforum.com/news/3939573-psc-granted-permits-2-billion-energy-projects-2015
The siting permits approved last year included 16 transmission pipelines totaling more than 495 miles, including new projects and pipelines that were converted to transmission pipelines.
"Despite low oil prices, companies continue to invest in major new projects that provide critical infrastructure such as pipelines, gas plants and electric generation facilities to serve energy development and growth," said Commission Chairman Julie Fedorchak.
The number of new projects approved in 2015 was slightly down from 2014's total of $2.7 billion, but still significantly higher than 2013 when the agency approved more than $1 billion in projects.
Read more: www.inforum.com/news/3939573-psc-granted-permits-2-billion-energy-projects-2015